The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-17

MONETARY;
Vs1lOE NEW ORLEANS BULLETIN, |
Saturday Evening. Jan. 16. 1875.
INV ORLEANS CLEARINGHOUSE.
Ciearings. Balances.
January IT,. 81, 533,s75 70 sls3,2s6 %
Total last week. II, 1885, O7O IS ,2i3,969 50
Aotai week before. 80. .10.4l3,571 40 9S3,O63 IA
We are indebted to Mr.. I. N. Maynard, man
a9er OF the New Orleans Clearing House Assoc
castlon, Tor the following comparative statement
OF the associated banks for the week ending to-
day:
Increase. Decrease.
specie. ..................... $4,000
currency. ........"...'...'. ,ocooo 4o'ooo
Loans ..................... d9O'OoU -.
deposits Z0O,O
The Money market continues unusually qniet
and easy for this season Of the year, with but
moderate offerings at the banks, while those on
the street are quiet limited. There is but little
movement in commercial paper, and the few
transactions reported are at previous rates. We
continue to quote frst-class paper and collateral
loans for sixty days at SW9 u cent per annum,
Al do at 100l2. and second grade at l5@1s
First-class mortgages continue to rule at 10G1l
n cent per annum, while nothing is reported in
second.class, on which to base quotations.
Gold opened at 111H@1121S, against 112 at
New York. and after a fair business, closed at
touched il2l4 during the interim. The sales
summed up $50, 900. embracing $4,000 at 1l2.
$4,000 at 1921, s2O, 900 at 1l21sGll12l, $1,000
and $4,000 at 1l21 4, and $4,000 at 1925.
No sales of Silver were reported. American
half-dollars were still quoted at 1Os01OS11s, while
Mexican dollars now rule at 970l97l1aa, gold.
Under the influence OF the advance in gold at
New York, and the improvement in commercial
Domestic Exchange. here, Sterling was about
2-10 y cent higher for commercial, sand Ito for
bank The movement was Of moderate extent,
amounting only to f39, 805, embracing f25OO bill
Of lading at $50, f2O00 do at $685., fl2OO and
$4,000 bill OF lading, and f5OO AL clear at $40,
ers' at s.43 and fl20O bank at 5.i Ii.
The only sales Of francs reported was 100000
commercial at 1861.
At the close Sterling bills were still quoted at
1890 401a for bill Of lading and Al clear, and
-@5.44 fer bank and francs at 4.66A for & m
mercial, and 461 Il for bank.
The offerings OF Domestic Exchange were of
falr extent, and with good demand commercial
closed shade higher than yesterday. The sales
of New York sight covered $257. 900, embracing
so, 600 commercial and $4,000 private bankers
at SIG u cent discount, and $4,000, $4,000,
$4,000 and $4,000 private bankers at 4, and
SIS. 600 and 500 600 do at 3.16.
The banks continued to check on New York at
parGL u cent discount, while commercial sight
was quoted at 5-16M4 u cent discount, against
2s@5-16 yesterday.
In Stocks we heard Of sales Of 1000 shares
Louisiana Levee, preferred, at 50 SO. Also, at
auction, by Messrs. Nash Il Hodgson, 40 shares
Mechanics and Traders Bank at s19, 60 Crescent
CITY Slaughter-House Company at 500 so, 10
Union National Bank at $40 IS, and Is Mutual
National Bank at $41.
No sales Of Bonds were reported, but $1,000
IN Louisiana Levee Notes sold at 75c
City Gold Bearing Seven Per Cents we're still
quoted at 36@364, and new State Consolidated
seven Per Cents at 36tG361a.
Nothing wss reported i'll City Appropriation
(y9rtlicafGa I'D al
40.
The sales of Metropolitan Police Warrants in
Guided $4,000 at 71@71Ha, which was about the
closing rate.
Nothing transpired in State Warrants. Old
were still quoted at about25 and new at about S.