The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-23
MONETARY.
NEW ORLEANS BULLETIN OFFICE. |
Friday Evening, Oct. %, 1875.
NEW ORLEANS ULEARIN0-HOUSE.

We have no material change to report in the
Money market. The offerings at the banks con.
tinue fair, and as is shown by the Clearing House
statement above, the volume Of business for the
past six days exceeds that Of last week. On the
street an easier market has been reported, suf-
fcient to induce slight reduction in our quota
tons on Wednesday evening, but the market was
firm to-day under slight increase in the demand.
Cash Gold continues in demand from importers,
as is usual at this season.
Throughout the week the rates have generally
ruled higher than New York quotations. For
eign Exchange continues in fair supply, owing to
the liberal movement in cotton, while Domestic
was reported shade higher to-day, under good
inquiry.
securities continue dull and quiet Ia days
transactions include only a few sales, OF which
the particulars are reported below.
We continue to quote collateral loans and first
class commercial signatures at (gl t. GEN. per
month, AL co at 1914, and second grade at IA
o.. First class mortgages continue to III a. lU
y cent per annum; second grade are eLtr ly
nominal.
Gold opened at 11614@l161a, against 1865 at
New York. and after a moderate business closed at
1lb1s11l6L, or &c lower than yesterday, against
1857 in that market Cash Gold continues
scarce. The sales summed Up s45, 900, embracing
$4,000 at 1857, $4,000 at 1l57s, $4,000 at 1890
ll6, $4,000, $1,000 and $4,000 at 116, and $1,000 at
1863.
half-dollars were little higher, being quoted
| at 1O81a0l09, against l0S@1t9 yesterday, while
Mexican dollars continued to rule at $685.
gold.
ling closed 2, or 2 2-1O II cent lower. The move
ment was of moderate extent, the sales amount
ing to only e31 100 com prisng $4,000 Al clear at
451a, Eli 600 bill OF lading at 451a05 49, $1,000,
| f2O00 and f3500 Al clear at 49, 1000 bill OF
lading at 5450l5.461a, and f2200 bank at SO.
The decline In Gold at New York being coun-
teracted by the advance in francs inthat market,
the latter closed here about 4 q cent higher.
The only sales reported were 100000 CONNER
cal at 465 and 1000 at 4.63A.
5.45@5.46 for bill Of lading and Al clear, and
nominal for bank, and francs at 1864 for COM
mercial, and nominal for bank.
The offerings OF New York sight were Of fair
extent, but meeting with good demand, COM
mercial closed little higher. The sal' COM
prised $1S2, 900, embracing $4,000, $4,000 and
sac, 900 commercial, sl00 900 private bankers and
$4,000 bank at % u cent discount, and s25, 900
and $4,000 private bankers and s2O,OOO bank
at 1872.
The banks continued to check on New York at
Il ID cent discount while commercial sight was
sull quoted at 40, against % yesterday.
The sales Of stocks included 80 shares Mer
chants Insurance Company at $50, and 10 Fac
tors and Traders Insurance Company at $50
also, 50 Factors and Traders Insurance Com
pany, at the Stock Exchange, at 500 so.
In Bonds we noticed sales OF $1,000 and s14OO
City Premium issues at 301a and $4,000 New State
Consols at 542. City issues, old denomina-
tons, continue quiet and steady, and New State
No sales of Metropolitan Police Warrants were
reported; they were still quoted at 65@7O
State Warrants continued dull. Issues OF 1874
are still quoted at 60@65 for large, and 6507O for
small 1873 and previous years, fandable' at 30
036, and do. not fundable, at -G929.
No sales Of City Scrip have been reported.
The following are the quotations OF Time and
School Certificates