The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-11-11
MONETARY.
OFFICE NEW ORLEANS BULLETIN, /,
Tuesday Evening, Nov. 10, 1874. !


Clearings. Balances
November 7. ......... 81 S.S45 33 l24, 859 3
November 9............ l, 733, 246 As 11G0I7 q
November l0......... 2,2e4094 II 117,57S Z
Thus far this week 49,. 5,5i6,O9s So 35s, i55 3
Same time last week. $685. 3l9 W 1893 4i0 u
Total last week. ..... 9D55 ,24 30 92s, 032 6,
Total week before $50. 2i5, l73 ~ 7SS. o66 7:
We have new feature TO notice in the None,
market The offerings continue of fair extent al
tho banks, and moderate on the street, while
there is 10 apparent variation in the rates Of com
mercal paper. We continue 10 quote good com
morcial names, with or without colaterals at 9ll1
~ cent per month, and good second grade at
15Gll~, with occasional transactions at 2 " cent
per anuum First-class mortgage continue 80
rule at l0ftlI e. cent per annuIn, while second
grade Is still quoted at 100.
Yesterday at Il meeting Of the Board Of Trns-
tees Of the Delta Insurance Company, reso.u-
ton passed II favor of liqui ting the affairs
OF the company, and the 18th Of December was
appointed Tor vote to be & ven by the stockhod-
ers on the question. Messrs. a. Baldwin, Anil.
car Fortler, and j. Druna5o, were nominated TO
act as commissioners OF liquidation, without com
pensation. We learn from official sources that
when the assets are realized, the shares will pay
fully 50 cents on the dollar
Gold opened at lloD!lOl, against no! at New
York, and after fair business closed at the
opening rates IN both markets, touching 10!
during the interim at New York. The sales
summed up $6S.000 embracing $4,000 at 10,
$4,000 at ll0l. $4,000 at llO.011lO4, and $1,000
,OG0 and sl2, coo at ll0i.
Nothing Was reported in Silver. American
half dollars were still quoted at l0701lO7b and
Mexican dollars at 97G97l, gold.
Sterling Exchange WAS without quotable vari-
alton. The movement was Of fair extent. the
sales amounting TO SAT, 800, comprising $500 bill
o. ladins and 1900 aud f2OO0 AL clear at $685.
$500 Al clear at $3.50, $4,000 bill Of lading and
al clear az J2sW5 30, cli0O0 do at 5.2s5 lt5. %,
$1,000 and fl0,0o0 bill OF lading aud faDOO Al
clear at D. %, and flO00 bank at 1921.
The saes OF francs included 30, 800, 125, 900 and
10000 commercial at ATS.
At the close sterling bills were quoted at
25l 90 20 for bill Of lading aud AL clear and
532(I- for bank, and francs at AIS for COM
mercial and 4.72t for bank.
The offerings Of Domestic Exchange were OF |
falr extent, and with good demand, COM |
mercial closed shade higher, but without quo
table variation.
The sales of New York sight covered $4,000.
embracing $50 600 commercial and $4,000 pri-
yate bankers at IL cent discount SOC, 900 private
bankers at nNlll-32, $4,000 commercial, $50, 900
do and private bankers and $50, 900 and SO, 900
private bankers AT ii 80 and $40 600 private
bankers at 5-l6. We also noticed sales Of 80
900 commercial on Providence at ~ cent dis
count. and 80, 600 on Philadelphia at 4c.
The banks checked on New York st ! II sent
discount, and commercial sight was quoted at
10.
No sales of Stocks were reported.
The sales Of Bonds included 5000 City Gold
Bearing Seven Per Cents at 3S4 and $4,000 at
3St; they closed at about 49, g3St.
In City Scrip We noticed a sale OF $1,000 Metro
pplitan Police Warrants at retail at As; they are
81 u quoted ct retail at 44945 and City Appropri-
at n Certificates az the same. We hear Of no
lar % transactions On which to base quotations.
Nothing reported in State Warrants Old
wer still quoted nominal at -02O, and new at
"a 5.