The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-28

The Money market continues quiet AM
easy, with some increase in the demand 70
discounts at the banks, owing to the move
ment of cotton, while the offerings on tn
street are limited, and the rates of com
mercial paper unchanged. We continu
to quote tirst-class paper and collateral loan
for sixty days at 6@9 % cent per annum, A
do at 1O0l2, and second giade at 15G1S
Strictly first-class mortgages can be negotiated
at 9@1O p cent per annum there is Nc
movement in other grades
Gold opened at 1125M1125, against 112;
at New York, and after a fair business
closed at 1l23Co lib, against 113 in that mar
ket. The sales summed up S49. 900, en-
bracing $1,000 at 1929, $1,000 at 112i, $1,000
and $4,000 at 1l233, $50, 900 at 1920 lib and
$1,000, $1,000 and $1,000 at 49,
No sales Of Silver reported The market
was, however, still quoted for round
amounts at 105C1l06 for American half
dollars and 97C197! gold for Mexican dollars.
Under the influence of the advance in gold
ut New York Sterling was about 10 = cent
higher for commercial and 2-10 for bank
The movement was of moderate extent, COM
prls1ng t35, 900, embracing e1500 and $1,000
bill OF lading at 5.45, 10000 do at 5. 45(G
3. 4522, Gl2,0OO do at 545t, e200O Al clear at
5.45$, elOOO do and el500 and e3500 bill OF
ladlng at BAG, and cl5OO bank at the counter
ut $50
Francs were a shade higher for commercial
The sales comprised 10000 commercial en-
bracing 10000, $4,000 $4,000 and POO, 900 at
4.664
At the close Sterling bills were quoted at
5.45ID546 for bill of iading and AL clear,
and -G15.49 for bank, aud francs at 4. GGI
for commercial and 4.56! for bank.
The offerings Of Domestic Exchange were
OF liberal extent, and with a fair demand rates
were l-16 II cent lower for commercial and
nearly 1-16 for the bank checking rate on
New York The sales Of New York sight
covered $500, 600. embracing SO, 900 CONNER
cial at Il cent discount, $4,000, $4,000,
and S25, 900 do. and S25, 600 private bankers
at 5-16 and S25, 900 do. and $40, 900, S25, 600,
1000 and $50, 900 private bankers at |, We
also noticed sale of $4,000 three days COM
mercial sight on New York at !, II cent dis
count.
The banks continue to check on New York
at J y cent discount G1 par, and commercial
sight was quoted at sic II cent discount,
against par tor the former yesterday, and !, -
cent discount for the latter.
In Stocks several transactions were report
ed in Bank, Insurance, Railroad and Gas
shares, of which the particulars were with
held.
The sales of Bonds included $4,000 CITY
$1,000 at 80; they closed at about 37iG13S.
No sales OF new State Consolidated Seven Per
Cent Bonds were reported; they were quoted
about 3SG139.
No sales City Appropriation Certificates
were reported; they were still quoted nominal
at 5000.
The sales of Metropolitan Police warrants
included $4,000 at M, and $1,000 at 10 The
market closed unsettled in consequence Of an
application by the Louisiana National Bank
(the late fiscal AGENT to the Superior District
Court for an injunction restraining the City
from receiving anything but cash in payment of
licenses. The restraining order was granted
but before its issue, in conformity with the |
notice of the Administrator Of Finance, Me-
tropolitan Police warrants to the extent of
several thousand dollars had already been re-
ceived.
No sales Of State warrants we're reported. !
Old were quoted about 25@26, and new about
s.