The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-13
MONETARY.
NEW ORLEANS BULLETIN OFFICE.
Friday Evening, Nov. 10, 1875.
NEW ORLEANS uLEAKINa-HOusE.

| During the early part of the past week there
was no decrease in the offerings at the banks,
but within the past two days we have noticed a
slight falling of. As will appear from the state
ment of daily clearings, the movement is in
| excess of last week. On the street there is a
more moderate inquiry for money, which igble
borrowers found little difficulty in obtaining at
the rates quoted below. The supply Of cash gold
continues inadequate to the demand, and the
price is still maintained considerably above the
selling rates at New York.
With the active movement In cotton, Foreign
Exchange continues in good supply and under
liberal offerings New York sight has, for the
most part, ruled at a sufficient discount to admit
ordering out currency by express from New York.
Transactions in Stocks and Securities have
been generally light; funds, which would other
wise be available for investment, being absorbed
by the commercial demand. City Bonds gener-
ally have suffered further decline, while New
State Consos, which have remained quiet during
the week, were active to-day, and quoted at a
slight advance.
commercial signatures at 10@12 y cent per
annum, while Al do continues to rule at 1G31L Il
cent month, and second grade at 1Ia@-. First
class mortgages are still quoted at 10 y cent per
annum, and second grade are entirely nominal
New York, and after u fair business, closed at
1141s@115k (1s@2Sc lower than yesterday,
against 1l4s6 In that ma ket, where it touched
1l45s during the interim. Cash Gold continues
very scarce Inc safes summed up foA ooo, GIN
bracing $4,000 at 1147s $4,000 and sl2, 600 at lis,
$4,000 at 1l511l51s, $500, $1,000 and $1,000 at
1l5L and 5000 and SIC, 900 at 11514.
Nothing TRANSFERRED in Silver. American
half dollars are now quoted at 1O91a9110, and
Mexican dollars at 93g931a gold
Under stronger bill market at New York
sterling ruled about 10 higher, equal to lilo u
cent at the opening, and francs a q cent, but
under the subsequent decline IN gold IN that
market, the former fell off lc, or 2-lO y cent,
from the opening, and the latter q u cent. Inc
movement in both was of liberal extent. The
sales of sterling amounted to f47, 400, ,ompris-
ing f35OO Al clear at 43l3a $4,000 bill OF lading
at 5.45, G5000 do at 5.45g545Ha, f1OOO do at
5451l. f150O and f2500 Al clear and f25OO do and
bill II ading at 451aa, $3.50 bill of ladins at
5451aa015 49, $4,000 do and fl2oO Al clear at o.46,
and fl2O0 bank at $50
The sales OF francs comprised $4,000 COM
mercial embracing 100000 at 4.65CG463%4 90.
600 at 4643s, and $4,000, $1,000, 10000, l5o,OoO
and $50, 0OU at 463'4.
5 As for bill of lading and AL clear and noml-
nal for bank. and francs at 65G4. 6354 for com
mercial, and nominsl for bank:
The offerings of New York sight being OF fair
extent. and meeting with only moderate de-
mand. commercial was shade lower. The sales
comprised $500, embracing slo,OOO, s200O0
and sos 900 commercial. and $4,000 and $50 O00
rrivate bankers at 70 II cent discount 1000
commercial at ZIG, and $4,000 private bankers
Tie banks continued to check on New York at
Il y cent discount, while commercial sight was
quoted at 1l@7-16. against ZIG yesterday.
No sales Of Stocks were reported, except two
shares Workingmens Bank at the Stock Ex-
chang, at s. o. ,-or,or,. - ponds
particularly in New State Consols, the sales and
resales of which summed up 65oo emo s,o ing
$1,000 at 81 $4,000 at 541 $4,000, s1OOO ana slOo00
at 54s%. $4,000. $4,000 and 100000 at 541a, $4,000
and $500 at 5494, and $4,000 at %; they were
quoted at the cio-e at 54s4
Nothing transpired in City Bonds; they are
No saies of Metropolitan Police Warrants we're
reported they are i'll held strongly at ZIG.