The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-08-09

| The Money market is quiet with fair demand
| for discounts al the banks, and m pderate offer
ings on the street. while the few transactions il
| commercial paper are without auOtable variation
We continue to quote selected paper with OF
| without coilat rails, at 8@9 u cent per an
mum, first class 1t 100, and Al at 1l@
L.. and second grade at Il y cent per month
First class mortya continues to rule at 10 pen
cent y aunum, while nothing IL reported in Sec
cnd grade
We learn that by vote of two-thirds of the
shareholders the ca ital stock OF the fe ltonia
National Bank has hoen reduced to 0t,0ol-all
p i up-and that since FcDru ry LIST, its dep
lis have increased from S65.0l0, on the LIST oi
teorIiry to S}J3 1'iS the LIST INST, watch Is Il
strong evidence of gre ter conli 'nce III thus ~
stituton. The executive off ;rrs are j. II. Wild
ern,a l. Presi Int; l. ,uis II der, Vice President,
a I'll Jas j. TarIeto' Cas- Under their re-
du ito, IN number, the shares nov stald iii the
b oh worth sll7
We ais learn that bya vote Of the stpckholde rs
the par value of til. Ore scent City Rair Dad Com
ptiy -llres has been redu;ed to 80
MellOn was ma e a short time since that the
Receiver of the Crescent City National Bank had
been instructed Dy the Controller Of the Cur
rtncy to make call upon the sharehol lers of
tn C'esce 1t City National Baak for 10 per cent
ii tho face Of tae.r stock, to pay the efficiency
in tn. assets Of the bank to meet It's obligations
We no learn that the C al not having b,en COM
piled with the X caiyer has nlt.l bill in chances
ry, in the United States Circuit Court, ~ enforce
the claim.
We mentioned some time ago that dividends Of
6 per cent b .d been paid by the .ceiyer Of the
First Nation Il Bank.
In regard to tle New Orleans Banking AssOcia-
ton, nothing definite be stated until the
legal proceedings at homo aud abroad are set
Il, d.
cold opened at 1O9IgllO, against 1lOs at New
York. ald after mDderate business closed at the
op ming rates in b It'll markets.
The sales sum ned mp $1,000. embracing
$1,000 at 1921, SltWD at 1914. so 0 at lD3a, 5000
and slbOtU at lUJs, and 5000 and 5000 al ITO.
N, sa.es OF Silver were reported. American
half dollars are stlll quoted at luiDlOj, and
Mexican dollars at 80 gold, or 1O7 CURRENCY
Under the influence Of the decline IN goli and
bills Now York, Sterling Exchange Is apou, 2-lO
y cent lower. The only sales reported were
fl0OD bill Of ,ading and f4OOO AL clear sterling
ut ) 80.
Francs also were quoted lower, but no sales
were reported.
At thu close Sterling bills we're quoted at 81
a5.32l for bill OF lading and AL clear, and 5.36s
for bank and francs at 4.73i@4.72s for private,
and = for bank.
TIE offerings Of Domestic Exchange were
quite light, and with a very limited demand
rates were unchanged. The ly sales reported
were $1,000 com nercial sight on New York at
9-:2 y cent premium, and $500 On Providence
at 3-l6.
The banks continued to check on New York
at !. cent premium, and commercial sight war
<Ull quoted at 4@D.Il6.
In Stocks we noticed a sale at auction by
NJ ssrs. Nash & Hod.son of Is shares Hlbernia
Isurance mpany 1888 20 paid up) at sj3, and
I 1886 pai al s34.
The sales OF Bonds included $4,000 City Gold
Bearing Seven Per Cents at 4Sa, which was about
lie closing rate.
City Scrip continues manimate. City Appro- |
ration ertiticates and Metropolitan Police |
Warrants are still quoted nominal at 470J4 AZ, and
lime Certificates Of 1873 nominal at AZ.
State Warrants are without any apparent |
and are still quoted nominal a. 3VD32 |
or large. 3s034 for medium. and l36 for small |