The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-22

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NEW ORLEANS CLEARINGHOUSE.
Aprll 49, ......1 ,377.17S IA id2'4zV o. 90
Apri 81. ..... 1,596,73 s. !S55a 6a
April o. ... I044,26O 81 l14,so3 10
Tins far this week. :. 5,094,G03 80 5s1 ,066 81
came time last week 1898, 529 33 1,Ol7, 9O4 ~
Total last week 80. 9,762,214 06 1,4O6,27 63
Total week before 49,. 9,79S O69 " 1,l96,lZ 80
We have no material change to note in the
Money market to-day, the general features OF
the situation being still large amount Of
unemployed capital on deposit, which shows
nd noticeable increase or diminution. The
Cold market fell off &c a little after noon I'M
der the influence OF dispatch showing a
similar decline at New York. This sudden
decline is attributed to the announcement of
the Secretary of the Treasury, published in
the press kilograms this morning, calling
II 5000, 600 Of the $40 bonds upon which
interest is payable in July, and ordering the
MY interest to be paid without rebate.
A. the same time some surprise was ex-
pressed that, supposing this fact to be the
real cause of the decline, its effect had not
become perceptible at an earlier hour.
Foreign Exchange, sympathlzing with the
decline in gold, showed slight falling off,
while moderate business was done in Do
nestle Exchange at unchanged rates.
In Securities although operations are still
restricted by political influences, the market
exhibited more activity than yesterday, show
ing as will appear from the reports below, no
quo.able advance, except in one or two in
stances. City Gold Bearing Seven Per Cents
were s.cadier while New State Consols were
in fair demand, and, after liberal movement,
closed with no quotable variation.
Wa oro inform ad that thu rioiro1 draft nf
the bill for the financial relief of the city,
prepared by the committees from the three
commercial bodies and the City Council, has
been SO modified as to make express recogni-
ton of the vested rights and privileges of the
holders Of the old consols Of the issue of
1852 1t is understood that this action re-
moves the objection to the measure which
was entertained, and that SO long as it retains
the above feature, the complications which q
few days since appeared to be threatning
need not be unprecedented.
We continue to quote first-class sixty days
paper and collateral loans at SG19 59 cent per
annum; Al do at 1O112 and second grade at
I5Ml3 Frst-class mortgages still rule at
90DlO 59 cent per annum, while second grade
are entirely nominal.
The following werei today unanimously
elected directors of the Bank Of Lafayette:
Messrs j. A. Braselman, Gus. A. Breaux,
VIM. G. Coyle, S. Hopkins, Jr., Geo. John
ston, Berry Russell and G. j. Fredcricks. We
learn that this bank has already received con-
siderable accession to its business since its
removal to its present location, and that its
shares are now quoted 81 higher than last
week.
Gold opened at l14s@115s. against lis at
New York, and, after liberal business, closed
at 1lliMl15, against 114a in that market.
-bnr %ouohaI 11E1 1,,ri n1p%or ~, =
The sales summed up $4,000, embracing
$4,000 at 114l, $4,000 at 114s,, S1O,0 900 at
i15; $1,000. $3.50 and $4,000 at 115s, and
S3OOO $4,000 and $4,000 at Isl.
No sales of silver were reported. American
half dollars are still quoted at 1OS010Sa,
while Mexican dollars continue to rule at
9GlN597 gold.
Foreign Exchange responded to the decline
in gold at New York, falling off fully ITO i,
cent for sterling, and ] for francs. The
movement in the former was limited, the
sales being confined to e25 100, comprising
$4,000 bill Of lading at 5.57, elO,O0O do. at
5575Gl55S, E25,O0O and $4,000 do. at 5. So,
e2G0O do. and e2O00 Al clear at $751;, and
1000 bank at 56O Nothing transpired in
tue iater.
Az the close, sterling bills were quoted at
5.57G 5.5S for hill OF lading and AL clear,
and ,.60G) 5. 81 for bank, and francs at 534 %
4 52] for co nmercial, and 4.50@}- for bank.
N9a York sight was in light supply, mod
crate request and unchanged. The sales
comprised $4,000, embracing $1,000 com
mercial at ! per cent premium, and $4,000
and $4,000 do, $4,000, $4,000 and
$50 900 private bankers, and $4,000 bank
at 9'a2
Tie banks continued to check on New York
at per cent premium, and commercial sight
wa, still quoted at -09-32.
Stocks continue in request: with a general
upward tendency. The sales include ID and
AZ shares Mutual National Bank at SAT SO,
81 DO at S5S. and Factors and Traders In
snrance Company at $50 so. Both of these
stocks show an advance of about 81 per share
over last week. Sales were also reported OF
Bank of America at $o6, and an offer OF
$40 was refused for Germania National Bank,
which shows an Improvement in each OF Sc
per SHIRE over last week quotations.
Yesterdays apprehensiors of more political
complications having some what subsidized, the
movement in Bonds was of more liberal extent
for both city and new State Consolidated, and
rates were steadier but without quotable vari-
alton. The sales comprised $1,000 old City
Currency Seven Per Cents at 80, $4,000 new
do at 33ss; $4,000 City goli bearing Seven
Per Cents. embracing $1,000 at "a; $4,000.
$4,000, $4,000, $4,000 and $4,000 at IS, $4,000
at So, aud $4,000 at 35&; s55,OOO new State
Consolidated Seven Per Gents, embracing
5000 at 81, $4,000 at 57A, $4,000 at so.
ana SEQ, 900 at So; $4,000 First Mortgage Jack
son Railroad issues at SO, and $4,000 United
States 5.20's of 1864, at 1881.
No sales of City Scrip were reported. 1t is
now quoted at 3s!@ 39!. The market appears
20 fuctuate ] II cent, according to the i'm
provement or falling off in the light demand:
Metropolitan Police Warrants are without
apparent movement, and are still quoted
about SO.
Nothing transrired in State Warrants. Old,
not funlable. are now quoted about 80; old.
fundable, continue to rule at 35@36, while
new are steady at SO.