The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-03
MONETARY.
new ORLEANS BULLETIN OFFICE. +,
Tuesday Evening, Nov. 2, 1875.
Jew ORLEANS uLEARIEa-HoUsR.

Thus far his week. 791, 500 IS 465, 412 So
Same time last week. ,3F 40 491 ,042 70
Total last week -. 9o465l7 30 9J8,7OS 81
Total week before. 9,2S39lO 10 97G,6H SO
We have no material change to note in the
Mon market which continues quiet. The offer
Ings of eligible paper at the banks were moder-
| ate, and We noticed tolerably fair demand for
Money on the street. without quotabe variation
in rates. There was fair movement in cash
Gold, which ruled 1T yesterdays rates, in the abb
sence OF dispatches from New York. fair move
ment is reported in Foreign Exchange, and also
in New Jrk sigh, which was in better demand
at sli Chilly harder rates.
Stocks and recuri.i les were stagnant at un-
changed quotations The drawing Of City Prem
ium Bonds, to determ ne the bonds to be paid on
the 18th January, 1876, will take place to- morrow
evening at O'Clock, at the Exposition Building.
1t will be under the supervision OF the foil wing
committee, who were appointed by the ordinance
of August 31st, to represent the bondhoders:
John G. Gaines President Citizens Bank;
Thomas A. Adams, President Crescent Mutual
Insurance Company; Aug. Bonn, President
Mechanics and Traders Bank; George Jonas,
President Canal Bank; JOS. Il. Oslesby, Presi-
dent Louis ana National Bank; Saml II. Ken
needy, President State National Bank
The committee have been engaged for the past
two days in supervls. ng the necessary prepare
ton. There will be 80 numbers drawn, repre-
senting SO series of 800 bonds or 5000 bonds OF
$50 each, for redemption on the 10th of January.
Under the operation Of the scheme these 5000
bonds will participate 1T that time III a second
drawing for the distribution of $4,000 in pre-
mums.
We continue to quote collateral loans and first
class commercial signatures at al b cent per
month, Al do at 1G1I, and second grade at
1%@-. FRS class mortgages rule st III u cent
per annum; second grade are entirely nominal.
In the absence of dispatches from New York
lit beng election day in that city, and to the
scarcity of cash Gold, the gold market continued
to rule at ll64@li6H, against ZIG yesterdays
IL. N,,,1r olAcr fl1rl
tent, summing up FAB 0)0 embracing So, 600 at
1l61l; $1,000 at 11614@1162s; $4,000 at 1865;
$4,000 at llo2sg1161aa; aud $1,000, $4,000 and $1,000
at 1867.
No sales of Silver were reported American
half-doilars are still quoted at 1O9@l10, and
Mexican dollars at 93@931a, gold
ksForeign Exchange opened little lower than
yesterday, but soon recovered and ruled a. the
previous rates up to the close The movement
was rather moderate. The Gales Of sterling COM
prised 100000, embracing fSCOO Al clear at
5.46l1 f15,r00 bill of lading at =, $1,000 do at
5.461 a0D5.47, and 100000 do at 5.47
The sales Of francs amounted to 395 GOO com
mercial, embracing 5000 at 4G334, 10000 at
1856, 1850 at 4.G3a al ga, and 100000
At the close sterling bills we're quoted at SAG
M5.47 for bill of lading and Al clear and %
ssh for bank, and francs at 4.635494641a for
commercial and nominal for bank:
The offerings of New York sight were OF fair
extent, but meeting with a good demand, the
market hardened slightly for commercial. The
sales comprised 1920, 00o, embracing $4,000 COM
mercial at u n cent discount; 900 and $780,
COO do. and $40 900, $4,000, S30,00O s50,OOO and
5000 lrivate BANKERS at TIC, and $4,000 latter
at a.
The banks continue to check on New York at
u b cent discount, while commercial sight was
quoted at -017-l6, against ZIG yesterday
classes Of Securities continued very dull.
We heard of few small transactions in Stocks,
OF which the particulars did not transplre.
No sales of Bonds were reported. City Bonds
and new State Consols continued dull and weak.
Metropolitan Police Warrants were still quoted
at 700l72. No sales were reported.
The sales of 1874 State Warrants included
$4,000 at IS, and $1,000 at 60. Issues of 1874 are
now quoted at 5S0l60 for large end 60062 for
SMALL 1873 and previous years, funo2ble, at 800
sc, and do, not tundable, -G29
City Scrip continues to ru at 46047 for City
Notes, half paid coupons. Ordinances OF 1873 and
ordinances Of 1874, from July to December lnclu-
siye, which cover June and part OF July, and at
9l095 for ordinances 2630 and 263l, which COM
prise the latter part OF May.
The following are the quotations OF Time and
School Certificates of 1874: September 7O012,
October 40045. Move n Der OPS, and December
-M2O: for 1875. June 92G94, July -G8O, August
-M66, September geo, and October : Gio
Metropolitan Police Certificates Tor 1874 are
quoted as follows: October 60@62, November
3lM35. and December --@25; for September,
1873. 55@SS. o,;.
Our stock list has been revised by the Commit
tee on Quo ntions of the Stock Exchange.
SpECJE RANK NOTES ETC.