The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-26

| The above shows a decrease of 800, 600 in
currency and $3.50 in deposits, and an in
crease Of $4,000 in loans.
| The market exhibited less animation to-day,
out door operations being interrupted by the
rain storm which prevailed during the greater
part of the day. The movement in Gold and
| Exchange was moderate, while no transac-
| tons were reported in Stocks or Bonds.
| We learn that over 81, 800 900 of old State
Bonds are now held IN that city for funding.
In consequence Of the return of Mr. Phelps,
the President of the Cotton Exchange and ex-
officio member of the Funding Board we now
have an assurance of quorum of that body,
and it is understood that under a call from
the Lieutenant Governor meeting will be
held on Monday.
At the City Hall the subscriptions of hold
ers of old city bonds to the Premium Bonded
plan were closed to-day until after the first al
lotment of premium bonds. The total
amount subscribed is S4,2S5, 1872 and the
number Of subscribers 34S. OF this number
we note that four parties subscribe over $780,
coo each. The subscriptions of nine institu-
tons aggregate S576, 000. and three asylums
S72 600. Other subscriptions run from $780,
coo down to 500. Arrangements for making
the exchange OF the new bonds for the old
are nearly completed and the former will
probably be ready to deliver next week.
We continue to quote coll tteral loans at 100
81 f9 cent per annum discount, first class COM
mercial paper at 100 =, AL 1I@l4 p cent
per month, aud second grade at 13@la.
First class mortgages still rule at 10 99 cent
per annum. We hear of no negotiations in
second grade.
Gold opened at 1l6s@116s, against 116i at
closed at 116i@l164, &c lower than yester-
n \ ct lHl in thar r1arkaf Tho loo
summed up S27 900, embracing $1,000 at 1165
$1,000 at 11649l16s, and $4,000, $1,000 and
$4,000 at ll6s.
No sales of Silver were reported. Ameri-
can half dollars We're still quoted at HOG
1lOa, and Mexican dollars at 93I @94 gold.
Foreign Exchange opened at previous
rates. but under the subsequent decline in
Gold at New York, it fell off l. 10 r cent for
sterling and fully u cent for francs, and
closed at the decline. The sales of sterling
comprised el3,000 embracing $4,000 and
ei00O bill of lading at 53I, and $4,000 do at
5.54
The only sales Of francs reported were 3d.
600 commercial at 4. 60, and $4,000 at -.
At the close sterling bills were quoted at
52(G5 SO for bill of lading and AL clear,
and -@5 57k for bank, and francs at l. 80
for commercial and nominal for bank
The offerings of New York sight being
light, and the demand good, commercial was
sitter, but without quotable variation. The
movement was quite limited, the only sale
reported being $4,000 private bankers at
3-16 u cent discount.
The banks checked on New York at par,
against par@! p cent premium yesterday,
while comm ercial sight was still quoted at !
Rcent. discount.
The only sales reported were at auction by
Messrs Hoey & O'Conor, and comprised 20
shares Bank of Lafayette a: $50 so, 10 st.
Charles Street Railroad Company at s73 371,
and 80 do at S73 so.
Yesterday the New Orleans Insurance Asso-
citation should have been quoted in our Stock
list at 81 50@22