The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-07-07
MONETARY.

NEW ORLEANS CLEARING HOUSE
Clearings. Balances
July 4...............-.. legal holiday
Thus far this week $97s,s73 SO s17s,745 5
Same time last week. ,69l ,279 W 3N,o9l
Total last week. ....... 5,335, 533 AZ s7l077 g
Total week before. .... 5,227 ,62S 81 701, 270 &
We are indebted to Mr.. l. n Maynard mana
ger Of the New Orleans Clearing House, for thu
following comparative statement Of the Associa
ted Banks for the week ending to-day:
Increase. Decrease
Specie. Observation-Disclosures. S35 OU
Currency. ............... 800, OO(
D4osiw ................. s75,OOC
The Money market continues quiet and easy
with . slight increase in the demand for dis
counts at most OF the banks, while the offerings
on the street we're OF moderate extent, and the
rates OF commercial paper without qouotable va
.TiatiOn. We continue to quote selected sigma
: lures at cent per annum, first class
At SOLO. Al at 1l@12, and second grade
ut LOLA D cent per month. Firstclass mort
cages at 10 y cent per annum, and second
grade entirely nominal.
Gold opened At 1lO5@ll0l, against 11Os at New
York, and, after fair business, closed at HOG
med up SCI, 600, embracing $4,000 at 11O4, $4,000
1t l1Os 5000 ct 11Os, $4,000 at 11O4111O} $4,000
and 5000 At llol, 1900 at 1lOl@ll0I, and $4,000
II CnvcI VIC uOuccU Sales Oh S3fUO III american
half dollars st 1864; they are still quoted at 1O5
<01O6. Mexican dollars closed at 10, or at par
with gold at New York.
Under the course Of gold at New York Sterling
Exchange was about $40 N cent lower than at
the close on Friday. The market was dull and
the only sales reported were f1OOO bill of lading
ut $50, and E500 bank sight at 54S
:. Nothing transpired in francs, which were en-
tirely nominal.
At the close Sterling bills were quoted at
6.342@5.353 for bill of lading and AL clear, and
5.4O Tor bank and francs were entirely nominal
both for commercial and bank.
The sales OF Stocks included 10 shares Jackson
Railroad at 50 SO, = Merchants Mutual Insurance
20. at $G3, and other insurance shares, of which
the particulars were withheld.
The banks continue to check on New York at
~ cent. premium, but commercial sight was
quoted at l0e5-16
The offerings OF Domestic Exchange were of
limited extent, and, with a moderate demand
commercial was shade lower. The sales of
New York sight were confined to SIS, 600 embra-
cling $1,000 $40 600 and $37 900 commercial at ~
cent. premium, and $1,000 private bankers and
81 ,OW bank at 5-16
We notice more activity in CITY Gold Rearing |
Seven Per Gents than for some time past. The
market opened at Az, and closed at 4SQa4st The
sales and resales summed up SCI, 900, embrac cling |
$4OO, 600 and SIS 900 at 471 5000 at All $1,000
and sli 600 at AZ and s14, 900 at 4S4.
We also noticed sale of $4,000 City Ten Per
Cents ut 622.
The only transaction reported in City Scrip was
eAOO City Appropriation Certificates at 81 City
Appropriation Certificates, Metropolitan Police
Warrants and Time Certificates were quoted en-
tirely nominal at the close.
No sale OF State Warrants were reported
They continue nominal at 320l33 for large; 340l3S
Tor medium, and 490t5O for small.