The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1875-12-24

One or two of our principal banks to-
day reported u fair movement In bust
ness paper, but generally the demand
for discounts was moderate. Money
continues abundant and eligible Dor
rowcrs find no al fliculty in obtaining
what they want, leaving little or nothing
to be done on the street.
Gold and foreign exchange were low
or with liberal movement reported in
the latter. New York sight was In good
supply and fair demand at unchanged
rates. Nothing Of Importance was re-
ported In stocks. City bonds continued
quiet and without positive quotations,
and new State consols were more active
at advancing rates.
We continue to quote exceptional pa
per ut -(G9 per cent. per annum dis
count, Al do. ut 10GI1l, and second
grade at 15(dtS. First class mortgages
still rule at 9(dIO per cent. per annum,
second grade continue entirely nomi-
nal.
Gold opened at ll3la ilas, against
lt3s at New York, and after II fair bust
ness, closed at ll2f a lI3 &c less than
where IL touched 112s during the inter
i'm. The sales summed up $52 900. en-
bracing 5000 at 1871, 5000 at 1l2ss, $1,000
Mt 1929, $4,000 at 1l2s, $14, 900 Mt l12s a ll3,
$1,000, $4,000 and $1,000 ut 1l3, and $1,000
and 5000 at 1884,
In silver we noticed a sale OF $4,000 in
American half dollars at 1o9s The
market was still quoted mt 1881 109i for
American half dollars and 95, gold, for
Mexican dollars.
Under the decline Of gold at New
York sterling fell off &c, or about 4-1O ~
cent for sterling and per cent for
francs. The movement in both was lib
eral. The sales of the former COM
iading and E30OO Al clear at 542I. $50, 900
and SAT 600 bill Of lading at 541A a $40,
100000 do. ut 542 a 5434, E1OOO bank at
the counter ut 547A and F5Oo do. at 54S.
The sales of francs comprised 625, 900
commercial, $4,000 and 100000 at 4.65,
$4,000, 100000 and 200. 900 at 4.65 u 4. 632
and 1876, 900 at 1863.
At the close sterling bills were quoted
at 5411 q 542k for bill of lading and Al
clear, and at - a 546a for bank counter
rate - $40, and francs at 465 4.632
for commercial, and nominal for bank.
The offerings of New York sight were
Of quite liberal extent, but being met by
a good demand rates were unchanged.
uC SttAcS COlltll Scu NuIf .vtN.
SIS, 900, 900 and $20,0W commercial,
$4,000 and $100,OO0 private bankers
$4,000 do. and bank, and $4,000 and
$50, 900 bank at ZIG; $4,000 and $50, 900
private bankers at 1882, and $4,000
commercial at I.
The banks continued to check on New
York at | per cent discount, and CON-
mercial sight was still quoted at 7-16.
The only sale Of stocks reported were
shares New Orleans City Railroad
Company, ex dividend, at 1896 so, and
Is Union National Bank at the. Stock
Exchange at 33.
City bonds were quiet, and no sales
were reported on which to base quota
tons.
New State consols were more in re-
quest and fully per cent. higher, the
market being quoted at the close at $50
a IS, against 55a55i yesterday. The
sales included $4,000 at 554, $4,000 at
81 and $4,000 and $4,000 at So
No sales of city scrip were reported.
II was still quoted at 47@4S for August
to December, 1873 time, and July to
December, 1874, and 50G52 for June and
part Of May, 1874.
Nothing TRANSFERRED in Metropolitan
Police warrants; they now rule at "a
" Tor 1884 issues; at -(d7O for 1928,
while 1912 and 1868 continue entirely
nominal.
State warrants are apparently with
out movement; fundabie were still
quoted at Al a ~; not fundable at "a
and at 20 q IS tor 1874 issues.