The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-11
FINANCIAL.
OFFIOE NEW ORLEANS BULLETIN,
Friday Evening, Dec. 10, 1878.

The demand for loans and discounts appears
To have fallen off, as it has become apparent thas
the banks have received considerable accesslohs
Of currency during the week. On the street
offerings are light and the tendency Is toward
easier rates. Gold continues to rule below new
York selling prices. Foreign Exchange ID IN falr
supply and the movement to day was hperal POM
in sterling and francs. New York sight, which
has ruled generally at 11a@7-16 discount during
the week, was il good demand to-day, and quo.
ted At the outside rates. Very little movements
has been reported in stocks, but an Improvement
IA noticed in some favorite shares.
40 CIV Ronds have been quiet, and quotations
are generally unchanged. New State Consols
we're active and in demand during the early part
of the week. declining somewhat on Tuesday and
Wednesday, but ralying on Ihursaa sto. Ao-oSy
We notice that the Stock Exchange holds It's
first annual election on Monday. we learn WIN
pleasure that the working OF the association nas
been satisfactory to the members, as We are sure
it has been valuable to the community, anu y" 10
are glad to announce that the orsahiAs''on 20
about to take permanent form. ga
We continue to quote exceptional paper AZ SY
10 q cent per annum discount, Al do al no,
and second grade at l5@1s. First class mort,
cages rule at 9@l0 y cent per snnum seoonu
grade are entirely nominal ,,.- :.
Gold opened at 1134@l14, against ll4sI AZ
New York, and, after modsfate BUSINESS,
closed at 1137.@llHS, against nae on m tns'
market The sales summed up $3.50" v III
-
| $4,000 and $4,000 at ia, and sls,ooo a. iAo/a
| 114H. .oa American
half dollars were still quoted ut lU9Gllo, anu
Mexican dollars at $40 for goli. r,oh,nos
| was stronger The movme MT was OF quite hoerSl
extent. The sales Of ste ling comprlsec
EOS, 200, embracing f4010 bill Of lading al o.4o1,
| f250O bill Of ladlng aud f2CO9 A! clear 81 on
| fl4.OOO bill of Iading at 47@5.47%, fl50o anC
| $4,000 do at 5471s, f1S,O0O and $4,000 bill Q
lading, and els, 900 do and AL clear at o.4lziq
5.4s, $4,000 Al clear at 5.4o, and f1lOO bank a
| the counter, at 5.5lT. ooo
inc 30 900 commercial at 4.605s, $1,000 60, 900
75 200 and 165, 900 do at AGO, and $4,000 Isaial
At ne close sterling bills were quoted at 5. I
as 48 for bill Of ladinS and Al GEAR ana .
5HN for bank Counter rate -95.52) an.
francs at 46OI@4.6O for commercial ana NOM
nal for bank. :, ,;,ar.
extent. but meeting with good demand, CEN
mercal quoted shade hlg.eE' ood nc sae
comprised s332,O0 embracing s6oVg NV ptly "ot
bankers at Il % cent discount; slO,0O0, s!o,oot
, con 400 sos 200 and $50, 900 commercial, sl2,oo'
'00O' s25, GOO and $4,000 private bankers an
100000, bank at ZIG, and $40 QUO commefciai al
sI5 600 bank at 332. We also noticed sales
si0' oSO commercial on Providence at GIG u Gel
'iT The hanks continued to check on New York
II u cent discount, while commercial slsn' wa
auoted at ZIG against 1aG7-ls Yesterday ', -,
The sale of Stocks reported was 40 snare
Mechanics and Traders o snd vitbo,
ons anv variation. The only sale reporte
Was 500 6ity Premium Issues at 24s.. Ne n,
safe Cens,ls were in demand and were quote e
at the close at 6O@6o1, A9H accent higher asd 5ns
i yesterday. The sales and resales s1 sun ooe =,
!, s5es 600 embracing 5000 at 591 slo,ooe .os ~
5000 $500 s. 5000, SIS COO and $40 900 a. 60 81.
600, SO, 600 and $685. 900 at 6O14, and 5000 al
|; SIC, 900 at 60ll. o,;., Dol;