The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-24
$15,569, G54 IS
Increase. Decrease.

The report Of the Associated Banks given above
shows tn 1t the volume of business, which Is con-
siderably larger than at this time last year, con-
tinues to expand. About 81 ,000, 900 currency has
been received during the week by banks and
private parties, which accounts for the increase
of $3.50 QUO in currency, Notwithstanding the fact
that considerable shipments have been made to
the interior for the purchase and movement OF
cotton.
The increase in deposits probably represents
the proceeds of sales of cotton.
The Money market remains as last quoted, but
the demand was stronger to-day, and we learn of
no transactions under ~ u ceot. In fact, good
collateral loans are reported at this rate.
Cash Gold continues scarce and in demand, the
market here, although corresponding to the de-
cline at New York, ruling 4@a above the rates
reported by telegraph.
We notice a fair movement in Domestic and
Foreign Exchange, the latter suffering decline,
in sympathy with gold, while the former was a
shade frmer A few sales of Stocks are reported,
the particulars Of which are given below. Moth
ing of interest transplred in City Bonds, while
New State Consols were fuctuating and lower.
We continue to quote collateral loans and first
class commercial signatures at-0l u cent per
month, AL co at 1@lI4 aud second grade at ~
o.. Fret class mortgages continue to rule at ~
u cent per annum; second grade are entirely
nominal.
Gold opened at 11514@l1534, against 115114 at
New York, and after fair business closed at Lag
@1l54, (7s@15sc lower than yesterday, against
1l4A In tnat market where it touched l145a
during the interim. The sales summed up s36,
600, embracing $4,000 at 11454, 5000 at 1147s,
$1,000 at lis, $1,000 at 1151s $1,000 at 1151s@115A4,
$1,000 and sl1 900 at l1o14, $4,000 at 1l51a, and
$4,000 at 1154.
No sales Of Silver were reported. Owing to
little better Texas demand, the market was
quoted at 10S1a0109la, about u u cent higher
than yesterday, for American half dollars, WI lie
Mexican dollars continued to rule at 93@93H
gold.
Foreign Exchange was unsettled, and rates
quite irregular, owing to the decline in Go d at
New York, and closed &c or clio u cent lower for
sterling and y cent for francs The movement
was fair. The sales of sterling amounted to
cal 500, comprising $4,000 bill of lsding at 542,
$4,000 do, If10 900 do and Al clear, and $4,000 Al
clear at SAB, $4,000 bill of ladng at s. 1870 5.431
e2500 Al clear at 5.44 and $1,000 bank at SAT.
The sales of francs comprised o. 900 COM
mercal. embracing 10000 at =, and $4,000,
10000 and 100, 900 at 1861.
At the close sterling bills were quoted at
5.420543 for bill OF lading and Al clear, and
nominal for bank, and francs at 1863 for COM
mercial and nominal for bank.
The offerings of New York sight were of fair
extent, but meeting with a good demand, COM
mercial was a shade higher The sales COM
prised $3.50 900, embracing SIC, 900 commercial at
"a % cent discount, $40 600 private bankers and
$50 600 bank at SIG, and $1,000 commercial,
$50 600 private bankers and 10000 bank at 1872.
We also noticed a sale of 900 commercial on
Providence at 10 u cent discount.
The banks continued to check on New York at
Il p cent discount, while commercial sight was
sIili quoted at ssC05-16, against 20 yesterday.
The sales Of stocks included 10 shares Or
leans In urance Company at s28, 2 snd old
New Orleans Gaslight Company at 1924 and 80
at s124 50 also, shares F4ctors' and Traders
Insurance Company, at the Stock Exchange, at
$50 rs.
The sales of Bonds comprised 5000 City Pre-
mum issues at 81, 5000 New State Consols at "a.
! $1,000 at 5414 $4,000 at 541 Z, and round amount
at =. City issues, old denominations, continued
quiet and steady, while New State Consols were
IN request and irregular, and closed little lower
| than yesterday.
| No sales of Metropolitan Police Warrants were
reported; they were still quoted at 65070.
, state Warrants continued dull. Issues If 1874
are still quoted at 6o@65 for large, and 65@70 fol
small; 1873 and previous years, fundable, at 81
J @36. and do, not fundable, at -@29.