The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-25
MONETARY:
OFFICE NEW ORLEANS BULLETIN.
Wednesday Evening. Feb. "a. 1875.
Kew ORLEANS CLEARINGHOUSE.


February %. ...........1,46 3,610 81 1904 80
February "a ....... 2,939,42l Il s3O,55o %
Thus far this week - s., 668 1913 N 6440G1 II
Same time last week. =. 9,954 224 80 1853 OF
Total last week 13 074 ,357 A ], 191, 1865 IS
Total week before. 10 l87, 1872 - ,422 81
Nothing has transpired in the Money
market that indicates any change. The de-
mand for discounts at the banks is Of moder-
ate extent, and the offerings on the street are
limited, while no transactions are reported in
commercial paper that require any change
IN the suboined rates. We continue to
quote: First class paper and collateral loans
at lOGEl2, and second grade at 15(a, Is. The
few transactions in mortgages are in irst-class
at SOTO t, cent per annum. Other grades
are apparently without any movement.
Gold opened at 11f4Ns1lfi, against la at
New York, and after fair business closed at
41091l4l, against ia in that market. The
sales summed up S5S,OOO embracing $1,000 at
1l4s, $1,000 and $4,000 at 11i5, $1,000,
$1,000 and $4,000 at 1145, and $1,000 at
114i.
No sales of Silver were reported American
half dollars were still quoted at 1910 1919,
while Mexican dollars rule at 96lG197, gold,
against " yesterday
Under the influence of the course of gold at
New York, Sterling opened at previous rates,
but subsequently gave way about Ito T, cent.
The movement was of fair extent, amounting
to eGl, 600 comprising 900 bill of lading
and AL clear at $3.50 so, 80. 600 bill of
lading at 5.49in55.50, cl500 do at -, 1000
do and AL clear at $500 D. SOL, C350O bill of
lading, and el000 and $4,000 Al clear at s. 50j
GlGOO American ships bills at 5.51l tr000 Al
clear at 5.52, $4,000 bank at 5.523 !, and el0OO
do at 5. 13l.
Francs were also lower. The sales com
prlsed 100000, embracing 100000 and 49,,
600 commercial at A 5S, 200, 600 at 4.575, and
$4,000 private bankers at 4.55.
At the close sterling bills We're quoted At
5.4S30g5 49, for bill Of adng and Al clear
and 5.52I65- for bank, and francs at 4.5Si
for commercial, and al. 53i for bank.
The offerings of Domestic Exchange were
of fair extent, and with good demand rates
were stiff without any quotable advance. The
sales Of New York sight covered S2i0. 600,
embracing $15, 900 commercial at par $40, 900
$50, 900 and $50, 900 commercial, and SIS, 600
$25, 900 and $4,000 private bankers at 1872
u cent premium aud S25, 900 private bankers
at lie. We also noticed sale of $4,000
commercial on Providence at +. cent dis
count.
The banks checked on New York at , II
cent premium, and commercial sight was
still quoted at parND-.
Nothing TRANSFERRED in Stocks.
The sales of Bonds included $1,000 City
Gold Bearing Per Cents at 37i, $4,000 do at
80, $4,000, $4,000 and $1,000 new State Con
solidated Per Cents at 45, SO, 900 do at 453,
and SO, 900 do at 455.
The payment of back taxes having some
what increased; there is fair demand for
City Appropriation Time Certificates and
other city scrip receivable for such taxes I'M
der the recent ordinance but owing to the
large amount said to be outstanding, the ad
vance in rates has been less than was ex-
pected, and Appropriation and Time Certti
Gates are now quoted at only 80 for round
lots, and 40 for small sums at retail. No sales
were reported
Under the influence Of the ruling Of the
court in regard to Metropolitan Police War
rants, quotations were entirely nominal, and
no sales were reported.
Nothing transpired in State Warrants.
Old We're still quoted at 29m 30, and new at
54(a55.