The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-17


The decrease in loans shown by the above state
ment indicates considerable falling off in the
m ovement since last week. There is steady
demand at most Of the banks, with Stacker Offer
ings in some cases. On the street the inquiry is
more moderate with tendency to easier rates.
The local demand for Cash Gold continues to
maintain the rates above the New York market.
Foreign Exchange was in fair supply and slight
ly higher for sterling. There was a liberal move
ment in New York sight at unchanged rates.
No movement is reported in any class o. &c.
Gu tiles.
We continue to quote collateral loans at 10 u
cent per month, first class commercial signatures
at 1914, Al 90 at 114@l1a, and second grade
at 11I02. First class mortgages rule at 10 Il,
cent per annum' second grade are entirely
nominal.
Did opened at 1165z91167s, against 1867 at
New York, aud after moderate business closed
at 11634@117, against 1863 in that market.
The sales summed Up s28,0OO, embracing 5000
at 1867, $1,000 at 1l67a, 1000 at 116IsWl17,
$4,000, $1,000 and, $4,000 at III.
The sales Of Silver comprised s4500 American
half-dollars at 109 and $1,000 at 1917. American
half-dollars were still quoted at 1081a@1O9H,
and Mexican dollars at 931a094, gold.
Owing to fair demand, sterling was a little
higher. The sales comprised f35 $50. embrscin 6
ESQ ninety days at 5 4S54, $4,000 and f35 o
Al clear at 549L, f2J00 bill Of lading at
5 491a0t5.50, f1000 and $4,000 bill of 1ading and
slO0O Al clear at $50 ft2 900 AL clear at 5.5OM
Francs were unchanged. The safes amounted to
440, 900 commercial, embracing $50. 900 at 1895
Oh 5824, and 10000, $4,000, $4,000 and 10000 at
1857.
At the close sterling bills were quoted at
5491 a0g5.50a for bill OF ladng and Al clear, and
-0D5.5U for bank, and francs at 1900 1851 for
commercial, and nominal for bank.
The offerings Of New York sight were of liberal
extent, but meeting with fair demand rates
were unchanged. The sales amounted to sl47,-
arnhra ring $1,000 anrp,poprcial at II
discount, $4,000 commercial and SIS 900 priva' e
bankers at ZIG. and $40 900 commerclal, ana
$4,000, $4,000 and $4,000 bank at g.. We also
noticed Gales OF $4,000 con mercial thir Y days
sight on New York at p cent discount, and
SIC, 600 commercial on Providence at "a.
The banks continue to check on New York at
4 u cent discount, and commercial sight was
still quoted at Is.
The only sales reported in Stocks were at auc-
ton, by Messrs. D. r. Morphy Son, IN the mat
ter of J. w. HON IN Co., John d. Rareshide,
assignee and comprised shares Bank OF La
fayette at SIS, New Orleans Insurance Associa-
ton at s21, and Merchants Insurance Co. a,
s54 so.
The sales of Bonds included 1900 City Pre-
MUM issues at 80, SIC, 800 New State Consols al
545a. and $4,000 do at 5454. City issues, old de-
nominations. continue quiet and steady, while
| New State Consols are in request and firm.
| Nothing transpired in Metropolitan Police War.
rants; they still quoted at 65@70.
| State Warrants continue dull. Issues of 1877
are still qloted at 60G65 for large and 65017O fo
email; 1873 and previous years, fundable, at 3.
@36, and do, not fundable, at -029.