The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-03
FINANCIAL.
OFFICE NEW ORLEANS BULLETfE,
Thursday Evening, Dec. 2, 1875.

We have no material change to note in the
Money market. The banks continue to meet the
discount demand from eligible borrowers, and
very little good paper is offered on the street.
The rates for cash Gold continue to rul above
the New York ceiling rates. A fair movement
was reported in Foreign Exchange to-day at
lower rates. while New York sight was in fair
supply, but suffered further decline under a
limited demand.
Only few sales Of Stocks we're reported. City
Bonds quiet and unchanged while New
state Consols are quoted about the same yes
terday.
We continue to quote exceptional paper at 90
10 u cent per anLum discount, AL do at l20-,
and second grade at l5G31S. First class mort
cages rule at 9G1lO II cent per annum second
grade are entirely nominal.
Gold opened at ll5l 4Wl15R, against 1141s at
New York, and, after a moderate business closed
at 11516 0lll538 against the opening ates i'll that
market, whore 1t touched 1855 during the
interim. The sales summed up So, 900, EN-
bracng $1,000 at is, $1,000 at 1855, $1,000 at
l15l4, $4,000 at ll540c 1925, $1,000 ana $1,000
at 1I53s (, and $4,000 aud $1,000 at 1l51a.
No sales of Silver were reported. American
half dollars were sill quoted at 1O0Ggll0, and
Mexican collars at % alG- for gol1.
Under the decline III cold at New York, and the
falling off in New York sight in this market,
Foreign Exchange was weaker, but without
quotaUle variation. The movement was Of far
ext5nt
The sales Of Sterling comprised f5SS0O en-
bracing t1500 bill Of aiding at j.47 f7501 do at
5.4s0r-, $1,000 and fl0,000 do, and 81, 000 do
and Al clear al 4sl. 5000 bank at 552, $1,000
do, at the count al 521a, ESQ., do at 5.53, and
tlO00 bank sight at $50.
4 he sales Of francs comprised So, 0o0 COM
mercial, embracing 100000 and 10000 at 4.GG5. {.
10000 ~ 4.Gll 4nlI so, and 81, 900 at 4.60.
AT the close sterling bills were quoed at 5.47%
as 1871 for bill OF ladlng and Al clear, and 20
81 for bank Counter rate J.54la), and francs
at 4.6i ! 81 80 for commercial, aad nominal Tor
bank
The offerings Of New York sight were Of fair OK
tent, but meejing only moderate demand, com
merciat fell of nearly ZIG u cent. The sales
comprised ri, embracing $4,000 commercial a
5s i} cent discount and $4,000 do, $4,000 and
$40 900 private bankers and $40, 900 bank at y.
We also noticed sales Of $4,000 commercial On
Providence at ZIG i cent discount and $4,000
at 4.
The banks continued to check on New York at
Il T. cent disconnt while commercial sight is
quoted at 9-IGG 70.
The sales OF stocks included II shares New
Orleans Insurance Association at S43; 10 State
fore reported, % HlberniL Insurance Company
at 4S4.
City Bonds continued quiet and uqchanged
the only sale reported vas $1,000 City Premium
issues at %.
The sales Of New State Consols comprised
$4,000 at 5Sl4 and $4,000 at 58a4; at the close
the market was quoted at about $685.
Metropoli an Police Warrants are still held at
75ND50. No transactions reported.
Nothing TRANSFERRED i'll state Warrants. Issues
Of 1874 continue entirely nominal, and 1873 and
previous years, fundable, are sill quoted az %
40 and do, not fuadable, at ESQ.