The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-11

Loans $4,000 ......
We have no new features to notice in the Money
market. which continues quiet, with moderate
demand for discounts at the banks; offerings
Of commercial paper outside were imited anu
without auotable variation.
To-day being the last day OF the week, ana the
opening day Of the spring races the brokers LETT
the markel earlier than usual, which rather re-
0s;na to tue ADVANCE in gold at New York ster-
ling was a shade higher, whiie francs remained
Domestic Exchange closed at previous quota
tons, but, owing to the ndispoi1i!tion OF Dayers
to pay the high rates asked, exhibited weaken
ing tendency toward the Close,
We noticed less activity in the stock market,
but favorite shares continue to exhibit an upward
tendency. -
two dollars per share above yesterdays quota
tons. This, OF course, is for the present stock
carving with it the apportoninent OF new-z6
shares on every hundred. ,.,
New State Consolidated Bonds showed little
activity, and closed with slight downward ten
Civ Gold Bearing Seven Per Cents exhibited
no marked improvement. The advance OF these
securities for the past few days, as we nave
before remarked, has been generally attributed
to the impression that some measure OF rehef Tor
the CITY will soon be effected. The exorbltant
taxation to which New Orleans now subjected
il generally conceded to be one OF the chief
material reduction OF taxation, it is claimed,
would at once produce an improvement IN this
important class Of investments, which might DC
reasonably expected to give an impulse to most
Departments OF business.
Wa notice that the Louisiana Sugar Shed Com
pany has declared dividend of y cent payable
on and after April
We continue to quote frst-class sixty days
paper and collateral loans at SOB T. cent per
annum: Al do at 1O0l12, and second grade at ID
class mOrfpaOGS
| cent per annum, while second grade are entirely
Gold opened at 1l5@l1514 against 1855 at
New York. and after fair business, closed at the
during the interim at New York. The sales
summed up SCI, 900, embracing $1,000 at 115s4,
SO 600 at ll57. 200 at lis. 5000 and $4,000 at
ll5is, $4,000 at l151s@l15A' and sltoo and
| $1,000 1T 1l5i4.
Nothing has transpred in Silver: American
hali-dolars are still quoted at 10s0el0SRa. Mexi-
can dollars now rule at 9611aaNl97. gold.
Under the influence OF the improvement IN
Gold at New York, Private Sterling was 1-i0 e
cent hish while Bank was unchanged. The
movement was quite limited, the sales being con.
fined to $4,000. comprising fl00O and flOoo Al
clear at $50, 10000 do and bill OF lading at $50
M557. and $4,000 bank at $50.
| Francs closed about the same as yesterday.
The sales comprised GAG, geo. embracing 10000,
10000, 100, $50, 10000 and 300 600 commercial at
4.55, and 10000 do. at -.
AT the close Sterling bills we're quoted at o.36g
557 for bill Of lading and Al clear, and bank at
l-095.59, and Francs at ASS for commercial ana at
400 for bank.
Owing to the liberal offerings Of Domestic Ex-
change, and a<lisposition on the part OF buyers
to meet the pretensions of sellers, commercial
sight manifested weakening tendency, but not
sufficient to require a change of quotations. Inc
sales of New York sight covered Sl1O,OUO, en-
bracing $40. 900 commercial and 1000 private
bankers at 9-32 p cent premium. $40, 900 private
banker and $4,000 bank st SIG.
The banks continued to check on New York al
"a u cent premium, and commercial sight was
still quoted at -@5-16.
The sales OF Stocks included shares New Or.
leans Mutual Insurance Association at $13, and
within few days past SO New Orleans City Rail
road Company at $l37 so. AT the close to-day
1872 was offered for New Orleans Gasight Com.
panv. against $3.50 yesterday.
We noticed less activity in Bonds. City Colo
Bea ring Seven Per Cents and New State Console
dated Seven Per Cents gave way about a per cent
The sales of the former included 5000 at 375s
and $4,000 at 37s44, and OF the latter $4,000 a
567L and 10000 at 81. We also noticed sale
of 5000 New City Sevep Per Cents at 35H:
No sales of City Scrip we're reported; it is still
quoted at 3S040.
Nothing transpired in Metropolitan Polio.
Warrants which continue to rule at about -052
No transactions we're reported IN state ar
rants. Old iundable were still quoted at 33035
| and at 20.