The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-09

.4pr1l ) ............. 1,637.973 63 154, 53i 6.
april 6............... 1908, 1876 % 1870, 7e2 81
.prit 7............. l,731 ,14O Q3 800, 4G6 8:
April 8.............. l ,55l, lSS 36 2l7, 466 81
thus far this week IS, 245O24 q 1,C4397O $;
Same time last week $3.50, O30 II 923, 7S9 81
Total last week ..... $3.50, $40 20 1,l27,e94 st
Total week before 1856 O81 80 8O1, 52l 2.
The Money market continues quiet and
5ut little changed. There was q slightly
Increased demand for discounts at some OF
The banks, while at others the offerings con-
lion in the bank deposits. On the street no
decided change was apparent, offers Of com
4nercial paper being light.
We notice more hopeful feeling in finan-
cial circles and growing inquiry for invest
-1ents. All favOrite Stocks and Securities
exhibit an upward tendency. The advance
IN rates is quite marked in bank, insurance
and railroad shares.
New State Consolidated Seven Per Cent
tsonds were more active, closing at 81, show
ing an advance Of two points upon yesterday s
rates. The demand appears to be chiefly
local. City Gold Bearing Seven Per Cents
also showed an advance Of n cent. The
Upward tendency is attributed 10 sympathy
with the general improvement, and also to
the impression that, at the approaching ses-
sion of the State Legislature, measures will
be adopted to facilitate some favorable adj
iustment of the city finances. Several pro-
positions are discussed to effect this object.
That which we alluded to yesterday-the sale
Of the Water Works. and other city proper
ties, with the view Of reducing the bonded
s..ebt-seems to find favor both at the City
Hall and on the straet; but there are
other projects Of q more comprehensive
character, looking to the alienation of a much
Sap inn NJ ~ fsrfu Nan
chises, in consideration of the liquidation OF
the debt on o more extensive scale, which are
viewed with favor by men who have devoted
much consideration to the subject. 1t will be
seen from the particulars in another column
that the city expenses for the first quarter of
1875 show falling off OF over 1900, as
.ompared.with the corresponding period Of
last year. This in itself is calculated to
create a better feeling and inspire more con-
;sidence. There never was time when the
most rigid economy was as necessary as now,
In all departments Of the municipal govern
:nent.
We continue to quote first class paper and
collateral loans for sixty days at S(19 per
cent per annum, AL do. at 1O@12 and second
grade at 15f0lS First-class mortgages still
rule OF SOTO per cent. per annum, while
second grade are entirely nominal.
Gold opened at 1l4S@ll4s, against 11ii at
New York. and after a liberal business
closed at 114s@115l, against lis in that
market The sales summed up S92, 200, en-
bracing $1,000 at 1l4s, $1,000 at 1144, $1,000,
ll4;, $1,000 and $1,000 at rs, and $1,000 at
ISL.
Nosales Of Silver were reported. American
zaE dollars were still quoted at 1880 1851,
and Mexican dollars at 9GCy965c
Foreign Exchange responded to the i'm
provement in gold and bills at New YORK,
the market closing 2-1O II cent higher for
sterling and for francs. The movement in
tie former was of moderate extent, the sales
amounting to s32, 700, comprising el2oO bill
Of lading at 5.54I, s3OOO do and $4,000 AL
clear at 5.55. ssl5,O bill Of lading and Al
clear at ). 55s, 10000 do at 5.53G1 - 56i, $4,000
bank at 55S, $4,000 do at $685. and 900 do
sight ct 5 81.
4 fair business was done in francs. The
sales comprised 5O5. 600, embracing 100000
commercial at 4.56,, $4,000 and 10000 do
At AS, So 900 private bankers, ats 81, and
30 900 bank at 5.52l.
At the close Sterling bills were quoted at
5.55M,5 Sc for bill Of ladipg and Al clear,
and -M5.5S,! for bank, and francs at 4. 80
.or commercial, and 4.5O tor bank.
The offerings Of Domestic Exchange being
If more liberal extent, aud the demand mod
craze, IQc ThL6S Vi COEllucICAdl WCAC ~ SAuAO
lower. The sales OF New York sight covered
goo, 900, embracing $4,000 commercial at
}.32 II cent premium, $50, 600 do. at 9-32CG5-
10 and $4,000 and $4,000 do, and $50, 900.
$40, 600 ard $50, 600 private bankers at DIG.
The banks continue to check on New York
1t = cent premium, while commercial was
still quoted at -@5-lG, against ZIG yester-
day.
The sales Of Stocks included SO shares Peo-
,le's Bank at $27 81, 10 State National Bank
at 500, and 5 Canal Bank at $50 SO.
City Gold Bearing Seven Per Cents opened
It about 36 and closed at 81, against 36 yester-
day; and New State Consolidated opened at
IS and closed at 81, against 81 yesterday. The
sales OF the former comprised $1,000. en-
hracing $1,000 q. 36I, $4,000 at 81. and S1O,-
900 at 37i and OF the latter SlOO 900, embrace
ing $1,000 and $4,000 at Sc, $4,000 at SCI.
$1,000 and $4,000 at 56s, $4,000 at 56a, and
$50, 900 at 81.
City Scrip continues scarce and in request,
at 5000. No sales worthy Of notice were
reported.
metropolitan Police Warrants continue
apparently without movement, and are still
quoted at 50052.
In State Warrants We noticed sale of
$500 old fundable at 80. Old fundable are
now quoted at 33@35, and new at 500.