The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-10-14
MONETARY.
OFFICE NEW ORLEANS BULLETIN, |
Tuesday Evening, Oct. ID, 1874. !

Total last week 5,752 100 ID 7O9, l4S
Total week before ...... 4,G03, 157 40 675,729 Il
We have no new feature to notice in the None,
market. The demand for discounts continues o
fair extent at the banks, and is readily met wher
OF approved slgnat lures. We also notice that ma
turing notes in bank are generally promptly paid
The offerings on the street show no imp rovement
being still OF moderate extent, while the move
ment is limited, and the apprehension exists that
bat little business will be done until after the
election. The present small demand is mostly
for iirst-class signatures and unexccptlonable
collateral loans, both OF which scarce. Nothing
has transpred that indicates any change in
rates. We continue to quote: 10912 b cent
per annum for frst-class with collaterals, and
12G1s for Al, while second grade and tcca-
slonally good are quoted at ~ cent per month.
We notice scarcely any movement il mortgages.
which are still quoted at l001 h cent per
annum for first-class. and - for second grade.
Gold opened at 1O9 (Dl093, against HOE at New
York, and after moderate business closed at
the opening rates, against 40 in that market.
The sales summed up 81, 800, embracing $4,000
and 1880 at 1895, $4,000 at lO93 0l034, $4,000
and So, 900 at 1892, and SO, 900 at 1895 0l09l
No sales in Silver were reported American
bait dollars are now quoted at lo5sol1O6s, While
Mexicans dollars continue to rule at SO gcl..
The advance in Gold at New York, and the i'm
provement in Domestic Exchange in this market
being counteracted by the decline in bills at the
Former Sterling closed about Ito ID cent lower
than yesterday. The movement was of far ex-
tent, amounting to "a 500, comprising go 900 bill
of lading and slo.00U do and Al clear at 5270l
5.279, El500, E3000 and $4,000 bill Of lading at
5.2'5, eco, do at 5.27a, fti5OO do at 5.2S and
$1,000 Al clear at 500.
Francs wer- also lower.
The sales of commercial comprised 1000,
embracing $1,000 at ~, $4,000 at 4.76!, and $1,000
ut 4.75.
At the close Sterling bills were quoted at 527
M5.2S for bill Of lading and Al clear, and @
53li FIR bank, and francs at 4764Gs47 for COM
mercial and = for bank. German marks were
gu tied at 103@gl03{.
The offarIngs Of Domestic Exchange were OF
moderate extent, and with fair demand, com.
mercial closed shade higher. The sales OF |
New York sight covered s255,O0O, embracing
$l5,O 900 commercial at D cent discount, s25 0UD |
do at 3l6, 10000, 800 600 and $50 900 do $4,000
private bankers, and sl5,O00 $50 900 and s35, 900
bank at !, and 81, 900 private bankers at 3-32
The banks continued to check on Jew York at
par, VIII lie commercial sight was quoted at 3-16al |
y cent discount, against INgs yesterday. We
hear OF considerable sums OF currency brought
out from New York by private bankers.
In Stocks we noticed sale at auction by Mr.
ID. f.. Morphy, for account Of the succession of
Lotion Jennings, Of six shares of Sun Mutual En-
surance Company at 1865 for the lot, or $50 SO
per share. Sales were also reported of Crescent
CITY Slaughter House stock, of which the par.
tcL .ars withheld
Ie sales of Bonds included $1,000 City Seven
Thirty Improvements ut 49, $50 City Ten Per
Cents at 50, and $4,000 City Gold Bearing Seven
Per Csnts at 36l the latter closed at about 36.
No riles OF City Scrip ere reported. CITY Ap-
Propr ton Certificates Metropolitan Police War
rants tnd Time Certificates Of 1873 were quoted
At 479fS.
No sales of State Warrants were reported Old
we're quoted at 2OI- and new at -015O