The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-05
MONETARY.
GgFlCE NEW ORLEANS BULLETIN, !
Thursday Evening, Feb. 4, 1875.
ORLEANS CLEAEiNS-HCuSA,

| quite sensation was excited in financia
| circles by the decrease in specie in the Banl
| OF England of e. 536, 900, and the increase il
the Bank OF France of $3.50, 900 francs
Some conjecture that the latter is prepare
tory to 8 formal resumption of specie pay
men:s, the bank having already virtually re
snmed on all ordinary claims No change i.
reported in the Bank of England tate, &C
count d for by the proportion Of reserve tc
liabilities being 435, which is more thar
could be expected under the circumstances.
The Money market continues quiet anC
easy, but with a slight increase in the de
inand for discounts at a few of the banks
while the offerings on the street are still OF
limi;ed extent, and the rates of commercial
paper without quotable variation.
We continue to quote first-class paper and
cola eral loans for GO days at 0C39 y cent
per aDnum; AL do at 10C112, and second grade
at l59lSc. First-class mortgages are in
CURED Tor at 901l0 u cent per annum, but it
is extremely difficult to negotiate any others.
Gold opened at 1l4a@ 1143, against
114l at New York, and after liberal business
closed at 1l449ll4t, against 1141 in that
market.
The sales summedup $Ss 900, embracing
$4,000 and $4,000 at 1149 $4,000 at 1145.
S25, 900 at Ia "a 114a, anu $1,000 and $29, 600
az 1143
No sales of Silver were reported. American
half dollars are now quoted at JOG! 01O7a
and Mexican dollars 975M}99 for gold.
Under the influence OF the decline in gold
and bills at New York, Sterling was Clio n
cent lower ior commercial, and $40 for bank.
lac movement was of liberal extent amount
ing to e13 200. comprising cl9000 bill Of Ia
ding at ). 5lGG5.51d, Gl20O do at 5. so, $4,000
do at 5. $500. 53, $1,000 and $1,000 do at 5 So,
e35 coo do at 5 52aG15. 5355, $1,000 bank at
J. 5511, and $4,000 do at 556I.
Francs were also materially lower. The
sales comprised 100000 commercial, en-
oracing 10000 at 4-564@455, 100000 and
zoo, 600 at 4. So. and 100 900 at .532.
At he close Sterling bills were quoted at
J. 50G5 81 for bill of lading and AL clear, and
-(o1o 53a for bank, and francs at 4 571 for
commercial and 4. 52t for bank.
The offerings of Domestic Exchange were
If quite liberal extent, and commercial was
made easier. The sales of New York sight
covered s435, 900, embracing SIS, 600 CONNER
'l1l at SIG y cent discount, $4,000, Sic, 900,
$40, 0O0 S25, 900, $50, 900 and $40, 600 do. and
100000 and $500 private bankers at /,
so 900, $50, 900 and $40, 900 private bankers
t 1872, and $50, 600, $4,000 and $40, 600 do
t }-lG. We also noticed sales of $4,000
ommercial on Providence at p cent dis
cunt.
The banks continued to check on New York |
t T9 cent discount, while commercial sight |
'as quoted at 10, against i(93-lG yester-
av.
The sales of Stocks included 100 shares
Louisiana Levee, ordinary. at 81 so, 200
o., preferred, at 50, and 25 Factors and
raiders Insurance. Co. at $50 so. The sales
40 shares OF Mutual National Bank, re-
fa1 tor - u. I
80.
The sales of Bonds included $4,000 City
Seven Per Cents at 375, $4,000
37S, and $4,000 at 373.
City Appropriation Certificates continue
ntirely nominal.
No sales Of Metropolitan Police Warrants
ere reported. They are quoted at ESQ.
Nothing transpired in State Warrants. Old
ere quoted at 26@-, and new at about 81