The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-11-28
MONETARY.
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OFFICE NEW ORLEANS BULLETIN, |
~ Friday Evening, Nov. n, to7A.
NxvgoRLEANs oLFAENo-HOUsk.

The Money market continues easy for COCO
paper and collateral loans THE latter are scarce
and, when the securities are first class, arr
The banks are discounting all good short paper
and bnt little OF any class appears on the street
The impression in some well informed circles
il, that tine money market will harden next
month. The reasons advanced are the usual
setrements at the close OF the year with laborers
and storsskeepers, ard local demand Tor specu-
.Ilfive purpose, The low prices OF several stocks
AGse all eldy attracted t.en tl2p and TINS Is APP
parent, on an improvsd1n ana lever sslef isi
since the election, some str ing parties have n
. Waited in them. ThepQstponemens 81 me ne
: eember interest has sbHen discounted, and the
market Is Hlm with a Strong undertone.. per-
fnanent Aad steady Improvement Ia Guy bonas
ss %sa se and mosc real estate
We now ouots iirst-c{ass street paper, with or
.swithout colaterals, at 1910 y cen. per annu,n,
Al do at 1913 aud e ssiGns rule :. 4 Io
70 cent per annllm willie Nothing is reported in
second class on which 10 basequ0tations.
Gold opened at Ill .@lllss Agsinst III at
New York, and after fair busifcSSclOsed at liz
Ml12s, against 1lla in that market, touching
III during the interim there. The sales summed
up $4,000 embracing $4,000 at Ill! $1,000 at
1i1s, $1,000 and 81 900 at 1lll, $1,000, $4,000 and
1921 900 at 1lls, and $1,000 at llil.
Nothing was reported IN Silver American hall
uOitIfS dIc ~" IhclOh az Aot sNG'Vo, "AN AANAA
can dollars now rule at 97s gold.
Sterling closed about lao b cent higher than
yesterday. The movement Was OF ilbefai extent,
the sales amounting to f76,50O, comprising f2o0O
lading and $4,000 AL GEAR at 5.37, $4,000 Al clear
at 5371, f22, 900 bill OF lading at 537W535,
f28OGO do AMI Al clear at 5H5W5.3S, f6UOO AL
clear at 53S, $4,000 bill Of ladng and f2uOo first
class at -, and $4,000 bank at $40.
Francs were without any variation worthy or
notice. The sales comprised AS, 900 commercial,
embracing 35,0OO $4,000, 10000, 100000 and
15O, 900 at 1861, and $4,000 do at 4.G5s.
At the close Sterling bills were quoted at 8 37-
374 for bill Of lading and AL clear, and 5.4O@
mercial, and 634@4.62! for bank. German
marks were quoted nominal at 1O50lO54.
The offerings OF Domestic Exchange were OF
liberal extent and rates were without quetable
1906 OOG, embracing $4,000, $4,000 and $4,000
commercial at 49, 81, 900 do, SIS, 600, $4,000
and $40, 900 private bankers, and $4,000 bank at
1882, and $50 JnU and $4,000 private bankers at
3, We also noticed sales OF $4,000 commercial on
Boston at b cent discount, and $4,000 on Provi-
dence ut !.
The banks continue to check on New York at
" cent discount, and COMMERCIAL was stIll
quoted It 7-l6D- discount.
We noticed more movement in Stocks and
better feeling in insurance shares. The sales
included New Orleans Insurance Company at
$26. 80 do ut -, - do at $25, Is, IA and ID Sun
Mutual Insurance Company at SOS, 81 st. Charles
STR ct Railroad at s7S, and - State National
Bank at -.
City Gold Bearing Seven Per Cents opened at
about 3bl, and closed at 374@37!: The sales
amounted to s60.000. comprising $4,000, $4,000,
5000 and $4,000 at 3Gl, $4,000 and $780, at
81. and $4,000 at 37!.
Nothing was reported in City Scrip.
City Appropriation Certitic ties, Metropolitan
Police Warrants and Time Certificates OF 1878
were quoted at 4l@43.
City Time of April and May, 1874, 45@7O, NOM
inal; June, July, August, september and October,
370g3S.
school Time-June 9o@92, July SO@S2, August
6O165, September tO05z, and October 4U@45.