The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-05

The decrease of currency and deposits shown
in the above statement may be to great extent
accounted for by the transmission of currency to
the country for the movement OF the crop. The
| showing made by the associated banks is almost
fully equal to that of last week in point of
strength. A similar analysis to that made in our
last Saturdays report makes the total liabilities
exclusive of circulation, which is secured by
deposit OF Government bonds) s14, 1856, 1897 90,
from which we deduct the Clearinghouse e1-
changes, leaving sl2, 1856 Against this is
total OF specie, currency and exchange of S., $751;
073 II, or about 40 per cent, besides loans and
discounts IA large part of which is steadily fall
ing in and other cash assets, amounting to $16,-
1893, 353 26, giving grand total of 81 $50 1867
The 4th OF December is generally heavy day
ia this market, and to-day the payments have
been very large. 1t is, of course, impossible to
form accurate estimate of the aggregate
amount paid into the banks. but we are informed
that the maturing obligations have been met sat
isfactorily. In fact, we,heard of no paper of any
Importance going to protest.
The receipts OF customs (gold) for the
week We're: Monday $4,000 A. Tuesday 1886 80,
Wednesday 1925 IS, Thursday s22, 939 60, Friday
s39OS 81 Saturday s1110 r. TOTAL s4S, 148 IS.
The heavy rains to-day restricted business, and
not much was doing on the street. The price of
Gold continued higher than the New York rates.
Operations in both cotton and Foreign Ex
change were limited, and the latter ruled lower
under the decline IN gold at New York New
York sight was in fair supply at previous rates.
These are low enough at present to induce ship
ments of currency from the North, which have
almost ceased during the past two weeks. fair
movement was reported in Stocks, OF which the
particulars are reported below City Bonds con-
tinued stagnant, while new State COnsols were
again active and in demand, and were quoted at
an advance OF per cent
We continue to quote exceptional paper at 90
10 u cent per annum discount, Al do at 120-,
and second grade at 15@19. First-class mort
cages rule at 9010 u cent per annum second
grade are entirely nominal.
Gold opened at 114a4 @l15114, against 11434 at
New York, and, after limited business,
closed at 114191115, against 1143s in that
market The sales were confined to $4,000, EN-.
bracing $1,000 at 1875 $1,000 at l14l1aa, $4,000 at
114s4, $1,000 at 1145s $1,000 and $4,000 at 1l5, and
$1,000 at 11514.
half dollars were still quoted at 109@1l0, and
Mexican dollars at 941a0- for gold.
Under the decline in Gold at New York, sterling
fell off fully 1c, equal to about 2l0 per cent and
francs nearly a t. cent. The movement in both
was quite limited. The sales of the former COM
prised fl2, 200, embracing f2OOO, $4,000 and $4,000
bill of ladlng at 5.4614; $4,000 A l clear at 547,
and f1200 bank at 5.5l.
The only sale of francs reported was 100000
commercial at 46114.
At the close sterling bills were quoted at 5.451s
as 461a for bill Of lading and Al clear, and %
$50 for bank Counter rate @-5.51), and francs
at 62za@461A for commercial, and nominal
for bank.
Inc offerings VI NEW 10TH SlPUt were OF idlT
extent, and met moderate demand at previous
rates. The sales comprised s245, 900, embracing
$4,000 commercial, and $4,000, SIS, 900, and
s35, 600 private bankers at Il cent discount,
$4,000 $4,000, $4,000 and 1000 private
bankers at GIG, and $4,000 and $4,000 bank at
70. We also noticed sale Of 900 CONNER
cial on Providence at "a u cent discount.
The banks continued to check on New York at
u y cent discount, and commercial sight was
still quoted at 1@H.
The sales OF Stocks comprised 10 shares State
Nat onal Bank at S65, Is at S65 30 and % at s66
also, at auction, by Messrs. Nash & Hodgson, l
share Louisiana Jockey Club, with assessments,
equal to $50 80, at SIS so % Marine Dry Dock at
$32 Hibernia National Bank at $50 %, 10 do at
SCI 80, Varieties Association at Sl75, and do
at s210 ; also, at the Stock Exchange, 6 share 8
Mutual National Bank at $40 so, and Is State
National Bank at s65.
City Bonds continue quiet sand unchanged.
New ate ms Dis were in request, and about
! p cent higher than yesterday, being quoted at
the close at CO. The sales comprised s940C0
embra cling 10000 and SO, 900 at So $1,000 $4,000,
$4,000 and $40 900 at 591 $4,000 at 5929 $4,000 and
SO 600 at 59ls, and &c. 900 and s25 900 at 60.
City Scrip was quoted at 4011 af9n for August to
December, 1873, at 51@l53 for June and part of
May, 1874, and at 40114g45 for July to December,
1874 No sales we're reported
Metropolitan Police Warrants continue to rule |
at 66068 for 1872 70 issues, and 75g76 for 1873
IA. Nothing transpired.
State Warrants were sill quoted at 10M15 for |
issues not fundable, at 40lG41 for fundable, and
42@l45 for 1874 40 sales were reported.