The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-09
FINANCIAL.
OFFICE NEW ORLEANS BULL ETIN.
Wednesday Evening, Dec, 8. 1875.
NEW ORLEANS OBSERVATION-DISCLOSURES

A more cheerful feeling was excited by the re-
turn OF fine weather, offering q prospect OF
speedy deliveries Of cotton locked up for several
days past, and the offerings at bank were less
liberal. On the street there was still some in
quiry for loans on CALL but there were few offer.
ings Of regular business paper. Gold receded to
9 point below the New York selling rates for the
first time in many weeks Foreign Exchange and
New York sight were unchanged, with fair
movement ported in both. Very little was
done in Stocks. City Bonds were quiet and IN
changed New State Consols were in less re-
quest, and about the same as yesterday.
The following were elected directors of the
Southern Bank for tho ensuing year: Thos. Lay
ton, W. G. G: Claiborne. John T. Moore, Il. 81.
Stanley, Bradish Johnson, W. G. c, Claiborne, Jr.
We are indebted to Mr.. T. Wolfe, Secretary
Board OF Commissioners Consolidated Debt, for
the following statement Of bids for the sale of II
City Wharf Bonds advertised for by the Admins
traitor Of Finance:
Ed. Chapman, $11, 600 at 60; H. & G. Tyler,
$1l 900 at So Jerome Haney, $ll 900 at 61A; H.
$4,000 at 70. The bid of H. & O. Tyler being the
lowest was accepted-sl1, 900 at 55-s6O5O.
We learn that on Tuesday 60 was offered for
these bonds in the open market. The amount OF
Old ate Bonds and State Warrants funded by
the Board of Liquidation to-day was $56, 795 so,
according to the Secretary's minute book.
We continue to quote exceptional paper at go
10 % cent per annum discount, AL do at 100,
and second grade at 15@18. First class mort.
cages rule at 9@10 % cent per annum second
grade are entirely nominal
Gold opened at 114@l14L, against ia at
New York, and, after fair business, closed
at 113zs01l41S (Ac lower than yesterday
against lI4L in that market. The sales summed
up $57, 900, embracing $1,000 at 1887, $1,000 at
ia, $4,000 at 114@1141s, $1,000 at 1141s, SIX, O0G
At i da5 $4,000 at ll4A and $4,000 and
No sales Of Silver were reported; American
half dollars we're still quoted at 1O9@110, and
Mexican dollars at 941l@-fo gold.
Foreign Exchange was without quotable varla-
ton. The movement was OF liberal extent
in sterling and limited in francs. The sales OF
the former comprised fS3, 600, embracing, f3OOC
and $4,000 bill Of ladIng and fl50O AL clear os at
547, $4,000 and sl6,5 500 bill of lading and $4,000
do and Al clear At 5.47@5.47H, $4,000 bill OF
lsdng at 5461s@5. Az f25OO Al clear at 5.471s,
f25OO do at 5. is and f2O0o bank at 5:51.
The only sale OF francs reported was 4o,ooo
commercial at 1921.
AT the close sterling bills were quoted at 5461a
a5 Az. for bill of lading and Al clear, and q
'5.51 for bank Counter rate E(g5.5lID, and
francs at -@46lH for commercial and nominal
for bank.
The offerings of New York sight were OF fan
extent. but met with only q moderate demand
aud commercial was not as strong as yesterday
but without quotable variation. o
The sales comprised/sl17, 900, embracing slo,
OUO and S5U.UUU COllultTCldA duu Pso,ooO
bankers at 4 10 cent discount; $1,000 and $40,
600 commercial at 1882, $4,000 do at 1a97,l6
$40 900 do at ZIG, and s15 600 bank ct %. we
Also noticed sale OF $4,000 commerclal OF
Providence at 9-16 u cent discount.
The banks continued to check on New YORK az
n ~ cent discount, and commercial sl8n' "as
still quoted at 1a@7-1e.
No sales of Stocks were reported.
City Bonds were quiet and UNCHANGED.
New s ate GINS Jls were less IN demand anc
we're ouoted at about SO. The sales included
5000 at 50, and $4,000 and $1,000 At "a AZ
No sales Of City Scrip were Te reported ed, a
December, 1874, time at 4l@45 for August to D. De
ce@6s and s for May continue ana an1 70
a. ssaSf for 1928 issues, and 1906 for 1873
a. Nothing TRANSFERRED. - .,ooa,s e.,
State Warrants were sill quoted at loGelo ioi
issnes not fundable, at 4O@4l for fundable, ane
A00A45 for 1874 40 sales were reported
The following were the sales At the STOCK an
change $500 gold 81 II ~ sasIes SsaS'
~ Sso and I75 half paid City Coupons at 1914