The New Orleans bulletin., 1874-12-05
MONETARY.
OFFICE NEW ORLEANS BULLETIN, !
Friday Evening. Dec. 4, 1874.

The movement has been somewhat restricted
by the festivities OF the past week, and the up
ward tendency in securities appears to have been
checked, though nearly all classes Of securities
exhibit some evidence of improvement. The
Money market is without any apparent change.
except slight increase in the demand Tor DIS
counts at the banks. but hardly sufficient for
special notice, while the offerings on the street
continue limited, and trst-ciass signatures scarce
and in demand. We notice some inquiry tor
other descriptions but nothing has trans pired in
any class that indicates quotable variation III
rates. We continue to quote first-cass sig
natures, with or without coateras, at 9lG
10 u cent per annum, Al do at 10012, and
second grade at 150I1S. First-class Mortgages
continue to rule at l0Dl1 T. cent per annum.
We hear of nothing doing in second grade.
York. and after a liberal business closed at 1l1i
0l112, against liz in that market. The sales
summed up s135 600, embracing $4,000 and S25 600
at 112, $4,000 and 1000 at 1929, and $1,000,
$1,000, $40, 900 and 100000 at 1l24. ;,
No sales OF silver were reported. American half
dollars are still quoted at 1850 1885, and Mexican
dollars at 930s9S5 gold
Under the influence Of the decline in gold
at New York and the weakness in Domestic Ex-
change, Sterling closed fully 6-10 u cent lower.
The movement was of moderate extent, amount
ing to GAO, 600, comprising $1,000 Al clear at 5.7
fl400 bill of flading and AL clear at 5.36sG95 33,
+; e200O bill of lading, $4,000 do and Al clear, and
f3OoO and f5OCO AL clear at 53S, f5t0O bill OF
|
| The offerings of Domestic Exchange were OF
| liberal extent, and with fair demand CONNER
| cial was nearly 1-l6 " cent low +. The sales Of
New York sight covered $500 200, embracing s10,-
| 900. $4,000 and $4,000 commercial at 916 u
cent discount $50 600 do. az 173201, and $40 900
and s25, 900 do, s25,0u0, $4,000 and s1U5, 900
private bankers. and 1000 bank at J. We also
noticed sale Of $4,000 commercial on Provi-
dence at ! u cent discount.
Francs were also materially lower. The sales
included 10000 commercial at 4.GSa, and 200, 600
at 6Si@4.67l.
In German Marks we noticed sale # GO, GOO
at -.
At the close sterling bills were quoted at $3.50
8 355 for bill OF laons and AL clear, and -@5.39
for bank, and francs at 4.7l404.70 for CONNER
cial and 4.671 0g4.6Gi for bank.
The banks continued - check on New York at
iGgt " cent discount, while commercial sight was
quoted at 9-1G@1a, against Oh yesterday.
In Stocks we noticed sales OF 30 shares Orleans
Railroad Company at $50 80, IA Crescent Mutual
Insurance Company at sG3 So ~ State National
Bank at SCI, and 50 Canal Bank at s95 80.
The sales of Bonds included $1,000 Louisiana
Levee Company at 2S, $1,000 new State consoh-
dated at 2S3, and SIS 900 City Gold Bearing Seven
Per Gents at 3Sl.
No sales of City Scrip were reported. City
Appropriation Certificates. Metropolitan Police
Warrants and Time Certificates of 1873, were
still quoted at 4l@43.
city Time Of 1874 was quoted at 6019O for
April and May, and 37sg3S for June, July, Au-
gust, September, October and November
School Time of 1874 rules at 90G92 for june,
s0@S2 for July, 6OT65 for August, 50Gg52 for
September, and 10 Gi5 for October.
Nothing was reported in State Warrants. Old
are still quoted at -@1s, and -0l42 for new.