The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-13

The demand Tor money from m6TcaHClIo
sources continues fair, and q review OF the
business for the week shows that the market
has maintained the improved tone which we
noticed last week.
The statement of the Associated Banks Civ
en- below shows again an increase in loans.
For some time past bankers and fnanciers
have been looking forward to better inquiry
for money and an accession of activity in bust
ness should the crop prospect prove encour-
aging. This condition has apparently devel-
oped sooner than was anticipated, owing, no
doubt, to the very favorable reports received
from the interior.
The stock market has been extremely dull
throughout the week, and very few transac-
tons Arc reported. Holders appear unwilling
to press the market and there is almost an
entire absence of demand except for leading
shares. Some of the latter maintain gradual
advance, being quoted little higher than last
week. Generally, however, the quotations
show no material change.
New State Consols are quiet. Since the
rapid advance on Monday, there has been
little or no demand, and very few sales have
been reported. The quotations, though
lower than on Monday, are still two points IN
advance of last week.
CITY Gold Bearing Seven Per Cents and
New City Currency Seven Per Cents, after
showing considerable upward movement on
Thursday and a rapid advance on Friday,
dropped back one or two points to-day. At
the close, however, after an unusually active
market, they show a net advance OF three or
four points, as compared with last Saturday S
quotations.
We continue to quote first class CONNER
cial paper at 809 % cent per annum, Al do
at 1O(112, and second grade at 1908
Gold opened at 116s@116s, against 1853 at
New York, and after very limited business
closed at the opening rates, against l!6i IN
that market The only sales reported were
$1,000 at 1853 and $4,000 at 1853.
No sales of Silver were reported. American
half dollars were still quoted at 1OS491O
and Mexican dollars at -@96, gold.
New York sight continues scarce in limited
demand and unchanged. The sales COM
prised s95. 900. embracing $4,000. 5000
and $4,000 commercial, $50, OOO private
bankers. and $25, 900 bank at 5-l6 y cent
premium. We also noticed sale of S1O,O 600
commercial on Providence at ] cent
premium.
The banks continued to check on New York
at & ~ cent premium, and commercial sight
was still quoted at -@5-16.
Foreign Exchange was without quotable
variation. The offerings of Sterling we're ex
tremely light, and the only sales reported
were $500 bill of lading at 5.67 and $4,000 at
$40
The sales of francs comprised 100, 900, en-
bracing $4,000 commercial at 4.45s, 7O,OOO &c
at 4.45 and 10000 bank at ALI.
At the close Sterling bills were quoted at
s. 66s(95 671 for bill of lading and Al clear,
and E(05.7 70 for bank, and francs at 464(g
4 As for commercial and - @44l4 tor bank
Very little movement was reported in Stocks,
the only transaction being 6 shares St
Charles Street Railroad Company at ST..
Under the influence Of very liberal offerings
City Gold Bearing Seven per Cents closed al
341, fully 2 points lower than yesterday. Ihe
movement, however, was unusually amin ted
the sales and re-sales summing up $1Ol OOO
embracing $1,000 at 343, $1,000, $1,000, S5OO(
and $40, 600 at 35, $1,000 and $4,000 at 354
| $1,000, $4,000 $40, 600 and $25, COO at 81. SCUM
at 36s, and $4,000 and $4,000 at 369. We aist
noticed sales and re-sales of $40. 900 New Cit.
Currency Seven Per Cents. comprising Slo,
600 at 3Ss, and s25, 900 at 344@345.
The only transaction reported in New Stat
Consolidated Seven Per Gents was $5OOO
544. - /:
No sales of City Scrip were reported. 1t !
still quoted about 5000.
Metropolitan Police Warrants are held Il
few hands and rates are entirely nominal
No sales were reported.
No transactions were reported in State wal
rants Warrants of 1874 were quoted at 4OCa9 y
1879 and previous years, fundable, at 36(e
81 and do. not fundable, at 1880.