The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-19
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Thursday Evening, Nov. IS, 1875.
NEW ORLEANS CLEARINGHOUSE.

The market to-day was, perhaps, more than
usually quiet. The demand for discounts was
moderate at the banks, which generally absorbed
all good paper offered. On the street the inquiry
was limited and eligible paper in demand. Rates
were easier, but without quotable change. The
demand for cash Gold still maintained the price
above the New York market, but the difference
was less than previously. Silver was also re-
ported scarce and high. Foreign and Domestic
Exchange were in good supply and higher; the
sidering the extent of the Cotton movement.
Some sales were reported III Stocks and Securi-
ties, with no material change In quotations, ex-
cept in New State Consols, which are quoted at a
slight advance.
class commercial signatures at 10@12 u cent pei
annum discount; Al do at 1@14 u cent pei
month, and second grade at 11a0-. First-class
mortgages continue to rule at III " cent pei
annum second grade are entirely nominal.
Gold opened at 1147s@l15H, against 11411;
at New York, and after fair business closed
at 115@l154 &c higher than yesterday
against ll434 in that market. The sales summed
up $4,000, embracing $1,000 at 11434. STOOD 81
1l47s, $1,000 and $1,000 at I15, $4,000 at ll5@l1A1s
$1,000 at 1l51s, $4,000 and $4,000 at 1l5@l15I4
and $1,000 at ll514.
No sales of SILVER were reported. American
half dollars are still quoted at 1090l1O, and
Mexican dollars at 9399311a gold.
Under the advance in gold and firmer bill
equal to about CLIO q cent, and francs "a Il cent
The movement in both was Of fair extent. The
sales of the former comprised f62, 600, embrac
ing $4,000 bill of lading at 1861 $500 AL clear
at 547h $4,000 do at 5.461aa015 40, 1880 bill Of
lading at 5471aG5.4911aa, $1,000 do at 54SD5. 4914
and fl3 600 do and AL clear at .4S1aD5.491a anc
EOS 600 bill of ladlng at 5.4S@5.5O, and f3eOl
bank at 5.5319a.
The sales Of francs comprised GAS, 900 CONNER.
cial, embracing $4,000 and 100000 at 4.6114, 225,
600 at 4 81 14@4.6O5s, and 270 0Oe at 1905.
At the close sterling bills were quoted at 5.4S11i
as 1917 for bill of lading and AL clear, and noml
nal for bank, and francs at 461140G4.GO5s for com
mercial, and nomi al tor bank.
The offerings of New York sight were liberal
but meeting with a good demand, commercial
improved nearly Lie % cent.
The sales comprised 1915 OOo embracing $780,
600 private bankers at TIC y cent discount
SIS 900 and $55 900 commercial, and $4,000, $50,
600 and $50, 900 private bankers at 81 We also
noticed sales Of $4,000 commercial on Provi-
dence at "a U cent discount.
The banks continue to check on New York al
"a ~ cent discount, while commercial sight was
quoted at "a, against 7-160G5s yesterday.
shares Merchants Insurance Company at $50 So
The sales OF Bonds included 10000 New City
Currency seven Per Cents at q, $4,000 do Ia re-
salel at 271a and $4,000 New State Cunsols at So
City Bonds were quiet and unchanged. New
State Consols were little more in request, and
held more strongly.
The only sale reported at the Stock Exchange
was s12O0 half-paid coupons at Al.
No sales of Metropolitan Police Warrants were
reported. They are still held at RIG.
State Warrants of 1874 issues continue entirely
nominal, while 1873, and previous years, fund
able, are std quoted at 35036, and do, not fund
able, at -Gg29.