The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-11-20
MONETARY.
OFFICE NEW ORLEANS BULLETIN,
Wednesday Evening, Nov. Is, 1874
FEW ORLEANS CLEARINGHOUSE.

We have scarcely any change to notice in tn
Money market The offerings continue of mod
crate extent at the banks, while they exhibl
some Increase on the street, but capital is appa
rently confined to few parties, who are reuc
tant to negotiate any but first cass signatures
companlcd by unexceptionable cOollaterals, which
are scarce. Nothing has :ranspired that Indicate
any change in rates. We continue to quote gOot
commercial names, with or without coateras, a
9N12B cent per month, and good second grade a
15G1s, with occasional transact at " cent q
annum. Frst-class mortgage continue to ruiz
at l0yll y cent b annum, while second grad'
il still quoted t..
Gold opened at 11Oi0lu, against Ill at New
York, and after fair business closed althe open
ing rates, against Ill IL that market touching
1lOs during the interim at New York The sales
summed up $4,000, embracing 5000 at llos
$1,000 and $4,000 at l10i 5000, 5000 and $40, QUO
at 1lO5, and $4,000, $4,000 and 600 at Ill.
No sales of Silver were reported American
half dollars were still quoted at 107@1O7t, willie
Mexican dollars now rue at 97G197s gold.
Under the infiu, nee Of the decline in Gold and
bills at New York, sterling opened at decline of
fully 2-lO u mt, bat under the subsequent ad-
vance ia Gold at new York rallied and closed at a
net advance Of fully Ito u cent. The movement
was of fair extent, the sales amounting to f37 0OO
embracing $4,000 bill of lading at 5.32 $4,000 do at
1924; flOOO $4,000 and $4,000 bill of lading at
533, fl2 900 do and Al clear at 5330J5 "a; 10000
bill Of lading at 5.330S534, and $4,000 do at 5.34
Francs also huctuated under the influence Of
the rise and fall OF Gold at New York, but closed
at about yesterdays rates. The sales comprised
$40 600 commercial, embracing 60 900 and i5O, 900
at All /, and BOG, 900 at All lg4.7O.
lat the close sterling bills were quoted at $500
5.34 for bill Of lading ana Al clear, and q $50
for bank, and francs at H404.70 for CONNER
cial, and 4.664 @4.6j for bank.
The offerings of domestic Exchange were of
liberal extent, and commercial was shade lower
at the opening, but meeting with better demand
later in the dav closed firm ht yesterdays closing
rates. The sales of New York sight covered $780,
OOO embracing 1000 commercial. at W cent dis
count, 900 and SO 900 do s25 900, $40 COO and
at bank ZIG; $4,000 and $4,000 private bankers
at 1882, and SAC, 900 commercial at 1861. We
also noticed sales Of $4,000 commercial on st.
Louis &C " cent discount
The banks continue to check on New York at
4 NJ cent discount, and commercial sight was
quoted at ZIG.
We noticed more movement in Securities to-
day than for some time.
The sales Of Stocks included shares Mer-
chants Mutual Insurance Company at $40 so,
do ut $45, 50 Commercial Insurance Company at
SIS, 30 HIbernia Insurance Company at s62,
Sun elutual Insurance Company at $780, anu 50
New Orleans City Railroad Company at sl47.
In Bonds We notice sales OF $4,000 old State
Skies, issued for the Free school Fund, at 20
$4,000 City Gold Bearing Seven Per Cents at 3S4,
5000 d at 39a, and $4,000 st. Charles Hotel MOI
gage at lO5. City Gold Bearing Seven Per Cents
closed a about 3SA.
Noting transpired in City Scrip. City Ap-
preparation Certiic ties, Metropolitan Police
Warrants and Time Certificates OF 1873 were
still quoted at about 424I45.
No sales OF State Warrants we're reported.
Old were still quoted nominal at OILS and new
at 423@-.