The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-20
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Friday Evening, Nov. 10, 1875.

| The demand for Money throughout the week
has been of moderate extent, both at the banks
rand outside the former taking generally ali the
eligible paper offered. On the street the inquiry
| has shown some falling off, and good paper ls III
demand. Money is easy and rates lower. Casl
Gold continues scarce and in demand at rates still
above the New York selling price. silver is also
reported scarce. Foreign and Domestic Exchange
continues in fair supply, the latter being quoted
at an advance to-day.
Stocks have been generally dull during the
week, but better feeling was reported at the
close Of to-day's transactions. We heard of some
mo ement in insur lDce shares at an advance,
of which the particulars were not reported. City
and State Bonds were also in better request, the
latter at notably higher figures.
Upon the return of the several rules, to-day, in
the case of the Southern Banks vs.. the Louisiana
National Bank, we learn that the court, after ar
gument heard, dissolved the writ of sequestration
obtained by the plaintiff some days since.
We now quote exceptional paper at -0G1O u
cent per annum; AL do at 100, and second
gra de at l5011S. First-class mortgages rule at
0lO u cent per annum; second grades are entirely
nominal
Gold opened at 115@11514, against 11434
at New York, and after a fair business closed at
the opening rates in both markets after touching
lis during the interim at New York. the sales
summed up $43 900, embracing $4,000 at lis, $4,000
at 1855, SIS 900 at 1151s0111514, $1,000 and $4,000
at 1l514, $4,000 and $1,000 at 1895 and $4,000 at
1857.
tinues scarce. American half dollars are now
quoted at 109la@-, and Mexican dollars at 941q
% gold.
Foreign EXCHANGE opened at previous rates,
but under the advance in gold at New York,
soon after the opening, wa quoted at lsc higher
for sterling, ana 4 u cent. for francs, put under
the subsequent falling off in gold 10 that market
the former lost the improvement, while the latter
maintained it owing to good demand The move
ment in both was liberal. The sales OF sterling
G 10 Nnr1f1n nTf-
al billy at 5471aa $500 al clear at 54S1 fl000 do
at 5 491s. $1,000 bill Of ladng at 5.4S11aG5 80,
els, 600 do and AL clear at 5.491 aa@5.50, tl4OO0
do at 5.491l a05.5O4, $4,000 AL clear at $500 i,
$4,000 bill of .dIng.at 55005.50l, $4,000 Al clear
at ISL, $4,000 do at 5511a, f5OOU bill of lading at
-, fl000 bank at 5.5311 . and $4,000 do at 5.54.
The sales of francs amounted to l050,000 COM
mercial, comprising 100000 l000 900 and 125 600
at AGO. 200, 900 at .6O@94 592s. 225,00o at 1000
45Ssl $50. 900 and $50, 900 at 4. 500 s0145S34.
At the close sterl ng bills were quoted 5.4S1Ga
@5. 1917 for bill Of lading and Al clear and noml-
nal for bank, and francs at 400 for commercial
and nominal for bank.
The offerings of New York sight were Of fair
extent, but meeting with good demand, COM
mercial was quoted Lie p cent higher.
The sales comprised 1867, 200, embracing ST.
900 commercial $75,0 900 do and private bankers
and $40, 900 and SIS 1000 private bankers at e d
cent discount, Sl15, 900 private bankers at >s0
SIG, $1,000 do at $780, and 100000 do at 5-16D
9-32.
The banks continue to check on New York at
Il 4 cent discount, while commercial sight was
quoted at -95.l6.
The sales of Stocks included 80 shares old New
Orleans Gas Light Company at sl240l24 70, 10
New Orleans Insurance Association ut s23 70
and at the Stock Exchange, 2 do at s23 and so
State National Bank at SCI %.
City Bonds were little more in request and
stronger, but no sales we're reported, while New
State Consols were in active demand and higher,
hair at close [
Included $4,000, $4,000 and $4,000 at 551aa, and
$4,000 at IS.
Nothing is being done in old Metropolitan Po-
lice Warrants, but they are still held at 72g--.
State Warrants of 1874 issues continue entirely
nominal while 1878, and previous years, fund
able, are st quoted at $50 36, and do, not fund
able, at ops.
City Scrip is lower, being now quoted at 41043
for City Notes, half paid coupons, ordinances OF
1879. ard ordinances Of 1874 from July to Deeem-