The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-17
MONETARY.
OFFICE NEW ORLEANS BULLETIN,
Wednesday Evening, June 16, 1876. !
NEW ORLEANS CLEARINGHOUSE.


The market to-day presented no imateria
change. A fair demand for Money was re-
ported at some Of the banks, but the volume
of paper offering was less than last week.
The movement in Gold and Foreign Elk.
change was limited, and the rates in both
were higher, corresponding to the advance al
New York. Stocks continued extremely dull
There was little demand, and the few trans
actions reported indicated no change Of spe.
cial interest. @
In New State Consolidated Bonds the feel
ing was reported better and the movement
more active, with quotations q shade higher.
We notice that the State Auditor gives no.
tice that the July coupons on these bonds will
be paid on and after Monday the 2lst of June,
by the Louisiana National Bank in this city,
and at the clearinghouse of Winslow, I,anier
& Co. atNew York. City Gold Bearing Seven
Per Cents, and New Currency Seven Per
Cents exhibited continued improvement.
Az will appear from the reports below, some
sales indicate marked advance upon yester-
days quotations. We also notice that the
Directors of the Mutual National Bank, at a
meeting of the board yesterday, resolved to
call a meeting Of the stockholders on July 10,
to take into consideration the propriety of re-
ducing the capital stock
We continue to quote first class sixty
days paper and collateral loans at 8@9 7p cent
per annum, Al do. at 10@12, and second
grade at 15t918. First-class mortgages still
rule at 9@10 7p cent per annum, while
second grade are entirely nominal.
Gold opened at 116s@116s, against 1851 at
New York, and after limited business closed
at 116iM117, against 1T in that market, The
sales summed up $25, 600. embracing $4,000
at 1163, and $4,000, $4,000 and $1,000 at
1l6s.
No sales OF Silver were reported. American
half dollars were still quoted at 1084@109,
and Mexican dollars at -@96, gold.
Under the influence Of the advance in gold
at New York, Sterling was fully lilo 5P cent
higher, and francs /. The movement in
Sterling was quite limited. The sales were
confined to sl3, 900. embracing $4,000 bill Of
lading at 5.68, $4,000 bank at -, and $4,000
do at T. 80 gold.
The only sale of francs reported were 5O.-
600 Swiss at ABE.
We noticed a sale of German Marks at
1O8a@lO9.
At the close Sterling bills were quoted at
5.67@5.6 8 for bill OF lsding and Al clear.
and -@5.H for bank, and francs at 4. 45@
4 1872 for commercial and 4. 40 for bank.
The movementin New York sight continued
very limited. The offerings were light and
the demand very moderate. No sales worthy
of notice were reported .....
The banks continued to check on New
York at ~ cent premium, and commercial
sight was still quoted at -05-16.
We noticed little more movement in
Stocks. The sales included 80 shares State
National Bank at SO, 20 New Orleans Ma
tional Bank at $50. and % Canal Bank at
$95 So
City Gold Bearing Seven Per Cents we're
in better demand and advanced fully 2. -
sent. sales being reported at the close as high
IS 81. The sales and ressles summed up
$50, 600, embracing $4,000 at Sc, $4,000 at
36a, $4,000 and $4,000 at 36a, $4,000 at
36s, $1,000 at 1863. $4,000 at 36ss, and $4,000
1t 81. We also noticed sales of $4,000 New
Currency Seven Per Cents at 341.
New State Consolidated Seven Per Cents
we're also more in request, and were quoted
| shade higher at the close. The sales in
,luded $4,000 at 54ss, and $4,000, $4,000 and
$40 600 at IS.
Nothing transpired in City Scrip. 1t was
still quoted at 5000.
Metropolitan Police Warrants continue en-
.irely nominal.
No sales of State Warrants we're reported.
Warrants of 1874 were still quoted at 40942;
1873 and previous years, fondable, at 36@37,
md do not fundable at -@3O.