The New Orleans bulletin., 1875-10-14

The demand for Money at the banks was about
the same as yesterday. On the street there was
perhaps more paper offering, and the market was
stronger, but with no quotable variation in rates
Cash Gold was in good demand, and the quota.
tions materially above the New York rates. The
fluctuations in that market were attributed by
some to the result Of the Ohio election.
1t would seem not improbable. however, tina.
the tendency to lower rates is influenced in some
measure by the anticipation that the November
interest on government bonds, amounting to
over 2,000, 900, will be paid without rebate in
the last week in the present month. Foreign
Exchange, influenced by the gold market, was
somewhat unsettled, and the movement was
demand at slightly harder rates.
A few transactions in s Ocks are reported, oil
which the particulars are given below. Sales oi
new State Consols show firm market, and City
Bonds were quiet and generally unchanged. As
We have heretofore noticed, there ls little de-
mand for securities among investors at the
present tempting rates of the loan market
We notice that about $4,000 of old State
Bonds were funded at the meeting Of the Fund
ing Board to-day.
We continue to quote collateral loans at 10 u
cent per month"; first class commercial signatures
at 1@i14, AL DO at 140l1a, and second grade
at 1laGD2. Fir-t class mortgages rule at ~ u
cent per annum; second grade are entirely
nominal.
Gold opened at 1157s0l161s, against 1867 at
New York, and after moderate business closed
at 1161a01l634, against 1865 in that market,
where it touched 1852 during the interim The
sales summed up $685. 0O0 embracing $4,000 at 1867,
$4,000 at 1l6, $4,000 at 1161s $1,000 at 116@l161,
$1,000 and $4,000 at 1l614, and $4,000 at 1867.
No sales OF Silver we're reported. American half
dollars were still quoted at 1O90l10, and Mexican
dollars at 9311a094, gold.
Foreign Exchange was unsettled, sterling fall
ing off &c, or 410 " cent, and francs Il f3 cent on
the i153I gold dispatch from New York, but sub
aau " rp1 11vpor nd nIa siuD at at inn
ment of 10 or ITO u cent in the former and Is
~ cent in the latter.
The movement in sterling was of moderate
extent, the sales comprising only f33, 500, en-
do. and s15OO bill of ladlng at 5 4Sh f7OOO bill
Of lading at $40 and 10000 do and AL clear at :.
The only transaction reported in francs was
$4,000 commercial on the 11554 gold at 1929.
At the close Sterling bills were quoted at 5.491aa
@550H for bill of lading and Al clea~, and
commercial, aud nominal for bank.
The offerings of New York sight being of mod
crate extent, and the demand fair, commercial
showed slight hardening. but without any quot
embracing $4,000 commercial, s35,0U0 private
bankers and $4,000 do and bank at "a f9 cent
discount, 900 commercial at 7-16 We also
noticed sales of $4,000 commercial on Providence
at "a f9 cent discount.
The banks continued to check on New York at
Il 59 cent discount, and commercial sight was
still quoted at
The sales OF Stocks included 80 shares st.
Charles street Railroad Company, ex-dividend.
at SOS 50-New Orleans City Railroad Company at
Silt, and 20 do at SILT so.
In Bonds we noticed sales of $1,000 City Pre-
MUM Issues at 81, s400 do at 80, $4,000 New
s ate Consols at 5451., and $500 City Premium
Issues yesterday, nOo before reported, at 3311aa.
Old denominations of city issues are quoted quiet
and firm. and new State Consols strong at
5Ha154s4.
Nothing transpired in Metropolitan Police War
rants; they were still quoted at 65070
In State Warrants of 1874 we noticed a sale of
s25OO large at IS. Issues of 1874 were q1oted at
the close at 6a@65 for large, and 650170 for
small; 1878 and previous years, fundable, at $50
36, and do, not fundable, at -@29.