The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-27

Total week before. ~, 1877, 1872 IS 86S, 1872 81
While the Money market continues quiet
and easy, with occasional transactions in 2M54
months undoubted collaterals below bank
rates, slight hardening is apparent in mort
gage paper. The offerings exhibit no in
crease, being still of moderate extent both at
bank and on the street. All approved bust
ness paper is readily accepted at the former,
and we notice some demand for good sigma
lures of long dates in the latter We
continue to quote: First-clas paper and
collateral loans for 60 days at SGtJ9 II cent per
Annum; Al do at l0Ml2, and second grade
at l5Cs Is. First-class mortgages nov rule at
at 9aN"lOl T. cent per annum; but nothing is
reported in second grade on which to base
quotations
Gold opened at 1l4IM 11i5, against Ill at
New York, and after fair business closed
at 1l4iNG1l4I, against ILL in that market.
The sales summed up $4,000, comprising
$1,000 at ia, $4,000 at ll4I, $1,000 and
$4,000 at la, $4,000 at 11l,@lli3, and
$1,000 and $4,000 at ll43
No sales of Silver were reported. American
half dollars were still quoted at 1O7GJ1O
while Mexican dollars at 9G!G197, gold.
Owing to firm bill market at New York,
Sterling opened about Ito r cent higher.
and under the subsequent improvement in
gold in that market further advanced fully
40 r cent, making the entire improvement
20 q cent, at which the market closed.
The movement was of fair extent, amount
ing to E42, 500, comprising $1,000 bill of lading
@. D 49,, and tl500 and $4,000 do and c2OOO
Al clear at 5. 40, 10000 do at -, Go. 900 bill
of lading at 5.4SlG15.49l. e2OOO AL clear at
3. 49,, GlO, 900 do at 5.49G555O, $500 Al clear
and $1,000 American ships bill at $50, e20OO
bank at 553, $1,000 do sigut at ). IS, and cl50O
do for gold at 1881.
Owing to the decline in francs at New York
Che market opened shade lower, but under
their subsequent improvement and the adj
vance in gold in that market, they closed
higher than yesterday The sales summed up
1000, comprising $4,000, 30, 900 and 5000
commercial at 4 $50.
At the close sterling bills were quoted at
g. 4S9Ge5 so for bill OF lading and AL clear,
and-Gl5. 53 for bank and francs at t. 5SaGr |
t.57t for commercial, and 4 53i Tor bank
The offerings of Domestic Exchange were
of liberal extent, and rates Were
without quot1ble variation. The sales
of New York sight covered $4,000 |
embracing SIS, 900 commercial at par, Si5, 900
$50, 900, S25 900, $50, 900, $50 900 and S35, 900
commercial and $40 1000, $50, 900 and S75, 900
private bankers at 32 = cent premium, and
$500 private bankers and $4,000 and
$25 900 bank at Lie,
The banks continue to check on New York
at q cent premium. and commercial sight
is still quoted at par o..
In stocks we noticed sales Of 5 shares New
Orleans Credit Foncier Association at Sl4, and
Is Union Insurance Company at $50.
The sales of Bonds included $4,000 City
Gold Bearing Per Cents at 3S, and $4,000
and $40 900 new State Consolidated Z Per
Cents at As. $4,000 do at 4G5, and $4,000 old
City Consolidated 6 Per Cents at 40. Also,
at auction, by Messrs. r. NJ & b. J. Mont
yomery, for account metropolitan Loan and
Savings Bank, $1,000 old State at 3D. and
$4,000 do at 81, both ex-January coupon. At
the close A. was offered for New State Con-
5olidated Per Cents.
Nothing transpired in City Appropriation
Certificates. They are still quoted at So tor
round amounts, and 40 for small sums at
retail.
Metropolitan Police Warrants continue
nominal.
No sales Of State Warrants were reported.
Did were still quoted at 500, and new at
,fG, 3d.
TIME CERTIFICATES OF 1878:
August and December. Observation-Disclosures. 37013S {
TINE CERTIFICATES OF 1871:
Nav. GO09
June Observation-Disclosures. iD0l50
July and November. .................... 370G3S :
OF SCHOOL CERTIFICATES OF 1874 q
-uIy. GOA
August Observation-Disclosures. 7SNGSO 7.
September. NEUTRALITY-SUSPICIOUS.. -6155
)ctODer .......... ..,.......t.. ia TO
November. NEUTRALITY-SUSPICIOUS.. 301l32 !
December. Observation-Disclosures. 230g2j a
AND OF SCHOOL CERTIFICATES OF 1875. a
anuary Observation-Disclosures. 9c1- I
Valued according to amount and date Of or !