The New Orleans bulletin., 1875-11-25
FINANCIAL.
OFFICE NEW ORLEANS BULLE1ih,
Wednesday Evening, Nov. "a, 1875.
Svu opTEANa ,,rFARTNa-HOuSe

| The market continued quiet and without ma
terial change. The offerings at the banks were
moderate, and on the street the inquiry for
| Money continued limited, with good paper in de-
mand at our quotations, and in some cases at
lower rates. The scarcity of cash Gold, and the
high prices compared with New York were more
marked than heretofore during the season. some
transactions showing a difference of &c over the
was reported in sterling, while sales of fra ncs
were liberal New York sight was scarce and
met with good demand The limited supply
offering, considering the active movement in cot
ton, was source of some surprise on the part OF
buyers.
No sales of Stocks were reported, City Bonds
were dull and weak, while New State Consols
were again active at previous quotations. The
New York Chronicle reports that these securities
were stronger, and advanced from 16l3 II cent
during the week ending November 10Th.
At the meeting of the State Board Of Liquida-
ton to-day the amount of Old State Bonds
funded, as shown by the Secretary's minute book,
was S58 1856.
We refer to another column for important re-
solutions passed by the Board, ia relation to the
exchange of Old Coupons not yet due, detached
from Bonds already funded, for New Coupons of
Consolidated Bonds.
We continue to quote exceptional paper at
-Nl10 y cent per annum discount; AL do at
-Wl2, and second grade at 15G1S
First-class mortgages rule at 901l0 f8 cent per
snnum second grade are entirely nominal.
Gold opened at 11434@l154, against 11414
at New York, and after moderate business,
closed at l1500115la, against the opening rates
in that market, where 1t touched 1l43s during the
interim. Cash Gold continues very scarce. 1he
sales summed up s39 00), embracing $4,000 at
11516@11514, $4,000 and $500 at 1i54, SS0O0 at
1875, sl1 100 at 1163 s9115. and 5000 at 1155..
No sales of Silver were reported. American
half dollars were still quoted at 1920, and
Mexican dollars at 9412GG : gold.
Under the decline in gold and weaker bin
market at New York, sterling was quoted nearly
1c lower, equal to about 2-10 II cent, and francs
= n cent. The movement was fair in the former
and liberal in the latter. The sales Of sterling
comprised $1,000 bill Of lading at 5.4711a01 5.4S,
$4,000 do and AL clear at 5.4oG9j.4Slla f2200 AL
clear and f12 900 bill of lading at 5.4ol5 10000
bill of ladng and AL clear at 5.4S11Nl54 40, $500
bill of ladng at 40, and $1,000 and tl200 bank at
the counter at 5 50.
The sales of francs amounted to 100000
commercial, embracing 10000, 100000, 250 000
300 900 and 400, 900 at 4.6l14.
At the close Sterling bills were quoted at
5,47954S for bill of lading and Al clear, at "a
5.52 for bank, and at -95.53 for bank counter
rate.
Francs ruled at 4614 for commercial and
nominal for bank.
The offerings of New York sight were of fair
extent, and met good demand at previous rates.
The sales comprised s205,00O, embracing 1000
and s20,O 600 commercial at % u cent discount,
fdlC pdnhe! de ~, aid @oo,ooo Jain dt
The banks continued to check on New York at
Il Il cent discount, and commercial sight is still
quoted at sic.
The sales OF Stocks included Is shares New Or
leans Insurance Company at s23 so, 10 and 25
Citizens Savings Bank at -, and round lot of
Insurance shares of which the particulars were
New State Consols were not quite as strong as
but were, however, without any quo
table variation, being still quoted 5724 E5s. City
Bonds continued quiet and weak. Tue sales of
At 571a. $4,000 at 5734, $4,000. $4,000, $4,000,
f20, 900 and 10000 at 575., and s25, ,0l0 at 5S |
The only sale reported Of the latter was $4,000
City Premium issues at 25la.
Metropoli an Police Warrants are still held at |
75GgS0. No transactions are bel ng reported.
No sales of State Warrants are reported issues
If 1874 continue entirely nominal, and 1873 and |
previous 4 years, fundable, lat $685. and do,
lot fundable, at -0L29