The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-14

Total week before. 3,Z46,3t4 30 5o9,o 10
We have no change to note in the Money
market, which, with the exception Of fair
demand tor discounts at the banks is quiet
and dull. Money is in abundant supply at
the banks, which readily accept all approved
short paper. Operations on the street are
thus confined to negotiating long paper, of
which the offerings are closely scru,inized.
We notice little movement in Gold, which
appears to be slowly settling down from the
high rates OF Friday.
The increased cotton movement has i'm
parted more activity to Foreign Exchange. d
Nothing is reported in Stocks, and only one
sale in City Bones. New State Consols apps ar to
have weakened slightly. We learn that abe 1t
81, 0OO, 900 Of old bonds are now held here
for funding at the next meeting Of the Fund
ing Board.
We continue to quote first-class CONNER
cent per annum discount. AL do at 10@12, and
second grade at 15@l8. First-class mort
cages rule at 500 % cent per annum
second grade are entirely nominal
Gold opened at 1164 @l16a, against 1164 at
New York, and after quite limited business,
closed at 116@116a, against 116a in that
market, where it touched 116b during the in
term. The sales summed up $40, 600, en-
bracing $4,000 at 115a, $1,000 at 1158, $1,000
at 116, $4,000 and $1,000 at 116s, and $4,000 at
1165@1164.
No sales Of Silver were reported. Ameri-
can half dollars were still quoted at 1085@
1891 and Mexican dollars at 934@94, gold.
Foreign Exchange opened at previous rates,
but slightly gave way under the decline in
New York sight and the course of gold in that
market, after which it recovered on the sub
sequent improvement in gold and bills and
closed at the opening rates. The offerings Of
sterling were more liberal and the movement
of fair extent compared with recent transac-
TONS The sales comprised el6, 200, en-
bracing $500 AL clear at 5 So, e25O0 do and
bill Of lading at 5.52@5.52a, $1,000 AL clear
and slO,OO bill Of lAding at 5 SO, el7OO first
class at 5. 54I, and el000 bank at the counter
at So.
The sales Of francs comprised 10000 and
$4,000 commercial at -, and 10000 do at
4564.
At the close sterling bills were quoted at
52@5 So for bill Of lading and AL clear and
nominal for bank, and francs at 4. 564 tor CON-
mercial and nominal for bank.
Under more liberal offerings and only
moderate demand, commercial sight on New
York gave way fully ] p cent. The sales
comprised $40, 900, embracing S25 600 bank
at par, $4,000 do at 1-16 59 cent premium,
and S25 600 private bankers at 1872. =
Inc banks all checked on New YORK at II
cent premium, except one, which met the
demand at /, and commercial quoted at =
discount @ par, against -95 Z cent pre-
MUM on Saturday.
Nothing transpired in Stocks.
City Bonds continue quiet, steady and
firm. The only transaction reported was
$4,000 Old Currency Seven Per Cents at 32l.
New State Consols were less in request and
were i0a y cent higher than on Saturday,
the market closing at about 81. The only
sales reported were $4,000 at 54ss, and $4,000
at 81
No sales Of Metropolitan Police Warrants
were reported. They are still quoted at IS
@7O.
Nothing transpired in State Warrants. Is
sues of 1874 were still quoted at 5000 for
large. and 60065 for small; 1873 and pre-
vious years, fundtble, at 35@36, and do, not
fundable, at -(G29.