The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-29
MONETARY.

December 26 ........Sl 90 I'D " s.ysS'1ca 90
Thus FAR this week ~. 42e,916 Al ssl1. 2C4 Sc
Same time last week . 4,0S4, 532 72 A2S4S 80
Total last week. 4y2 81 80 oy1'a13 90 90
Total week before. 13,2l7,24s 80 l,2l2'2i7 81
The Money market continues quiet and
EASY. with shade more demand for discounts
at the banks. while the offerings on the street
exhibit no increase, being still of limited ex-
tent. Nothing has transpired in commercial
paper that indicates any change in rates. We
continue to quote first class paper and collat-
eral loans for sixty days at 8C19 p cent per
annum. AL do at 1O0112, and second grade at
15MlS. First class mortgages continue to
rule at 1O(111 u cent per annum, while moth
ing is reported IN second class, on width to
base quotations.
The following were to-day elected Directors
Of the New Orleans Insurance Associations:
Messrs. L. J. Webster, A. J. Gomila, Abe.
Hirsch, John Leisy, J. B. Camors, E. F. Col
san. I. K. Small, J. PLEASANT, Louis Schneider,
Henry Abraham, Pierre Lanaux, and NJ. Mus
son: and the following OF The New Orleans In
surance Company: Messrs. w. B. Schmidt,
Placide Forstall, H. Gally, Charles LATTE,
w, Van Benthuysen, Emile Bouny, A. NJ.
Bickham, A. Schneider, Jules Tuyes, w. A.
Bell, D. Fatjo. and D. D. Rogers,
We notice that the Canal Bank has declared
n dividend of 4 - cent out of the profits of
the past six months, payable on and after the
4th proximo.
Gold opened at 111s@1115, against 112 at
New York, and after fair business closed at
the opening rates, against Ill in that market.
The sales summed up $4,000, embracing
$4,000 at 111s, $1,000 and 5000 at 11la, S4O,.
600 at 11l4G111s, and $1,000 and 5000 at
ll1s@n1s.
No sales of Silver were reported. American
half dollars were still quoted at 1850 1881,
while Mexican dollars now rule at 97(G979
gold. :.
Under the influence of the advance in gold
at New York. Sterling Exchange is about liz
~ cent higher for commercial and l-lO(g3-ll
for bank. The movement was of moderate
extent, the sales amounting to G35, 800, com
prising f2sOO and e45OO bill of lading at 5.
I18,OOO do at 5.37Gl5.3S, and elO,OOO do ii
5.37JM5.38.
Francs were also higher. The sales com
prised 63O, 900 commercial, embracing 5000
at468s. 100000 at 4.6Si 4.67l, and 125, OO'
and 175,OOO at 4.67!.
At the close sterling bills were quoted a
5.37Cl5.38 for bill of iading and Al clear
and s. 4OJGG5.H for bank, and francs at 468
M4G7l for commercial, and 4.62I for bank
The offerings of Domestic Exchange wer
of fair extent, and with good demand com
mercial was firm at previous rates. The sale
of New York sight covered $3.50 COG, em6rac
ing $4,000 commercial, $4,000 privat
bankers and $4,000 bank at ZIG; $40. GOO
$4,000 and $4,000 commercial and $50, 90
private bankers at !, and $4,000 privat
bankers at 5-1G. We also noticed sales Q
$4,000 one days commercial sight on Ne'
York at T. cent discount, and S5OOO com
mercial on Providence at GIG.
The banks continue to check on New
York at - cent discount, and commences
was still quoted at 7-16(y-.
In stocks sales were reported OF shares q
Hibernia Bank and ordinary and preferre
Louisiana, Of which the particulars were with
held.
The sale of Bonds included $1,000 Cit
Gold Bearing Seven Per Gents at 37ss, an
$4,000 at 37ss. -,
The only sales reported in Metropolita
Police Warrants was $1,000 at 69s; they close
at ESQ, against 20 on Saturday.
Nothing was reported in City Appropriate
Certificates, which were still quoted at q
50.
No sales of State Warrants were reported
Old were quoted at 220-, and new
-(165.