The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-22
MONETARY.
NEW ORLEANS BULLETIN OFFICE,
Thursday Evening, Oct. q, 1875.
NEW ORLEANS CLEARINGHOUSE.

the market presented few features of interest.
limited business was reported at some OF the
banks, but generally the demand was fair, and
based upon steady commercial movement.
On the street the inquiry for Money was mod
crate, and in some cases dull day was reported,
with tendency to easier rates.
Cash Gold was in active demand and consider
able Gales were reported at rates ranging con-
siderably above the New York market, while For
eign Exchange was unsettled, and Domestic in
fair supply at previous rates.
Nothing transpired in Securities, except few
sales of Stocks and Bonds, the particulars of
which are reported below.
We continue to quote collateral loans and first
class commercial signatures at l1 y cent per
month. AL co at 1914, and second grade at u
O.. Fir-t class mortgages continue to rule at ~
q cent per annum; second grade are entirely
nominal.
G Did opened at 1162s@l165s against 1863 at
New York, and after liberal business closed at
1l6A@li6R, against 1l61s in that market,
where it touched 1l6 during the interim. Cash
gold was scarce. The sales summed up s13S 900,
embracing $4,000 at l161s, $1,000 and $1,000 at
1l61l, $4,000 at 1867, s45, 900 at 1161IM1161a.
49,, 100 at 1865 G1l6 $1,000 and $40, 90 at1l 6,
and $4,000 AMI $4,000 at 1863.
NO sales OF Silver were reported. American
Mexican dollars at $685. 4 gold
Under the course In gold and the decline in
bills at New York, Foreign Exchange was rather
unsettled, and closed lc, or 2-10 u cent lower
II
movement was of fair extent. The sales of the
former comprised Eel, 500, embracing $1,000 bill
oflading at 5.451%, 900 do at 5.461S $4,000 Al
clear at SAT, f4Ot00 bull Of ding and Al clear
at 1906 Az f2500 AL clear at 5 49, 5000 bank
at 5.51, and f200U do at $50.
The sales of francs Included 800 600 CONNER.
ci4l, comprising $1,000 and 1000 at 1862 and
10000 at 1924
At the close sterling bills were quoted at
5.46@D5.47 for bill of lading and Al clear, and
nominal for back, and francs at 465ll4.633.
for commercial, and nominal for bank.
The offerings of New York sight were of fair
extent, and met with moderate demand, at firm
but unchanged rates. The sales comprised s58 900,
embracing 5000 and s25, 900 commercial at "a y
cent discount, and $1,000 AMI $40 900 bank at
l1-32 u cent. We hear frequently of short time
sales, which are not reported, as not indicating
the market.
The banks continued to check on New York at
a y cent discount and commercial sight was
sUll quoted at %.
The only sale Of Stocks reported was 50 shares
Factors and Traders Insurance Company at
$780,
The sales of Bonds included $1,000 City Pre-
MUM issues, in small amounts at 80, and $1,000
New State Consols at 541s. City issues, old de-
nominations, continue quiet and steady, and
New State Consols in request and firm, with few
offering.
Yesterdays sales at the s ock Exchange should
have been reported 5000 City Premium ISSUES
at 81, and $4,000 Jackson Railroad First Mortgage
issues at 8614.
No sales OF Metropolitan Police Warrants were
reported they were still quoted at 650970.
state Warrants continue dull. Issues of 1874
were still qaoted at 60G65 for large, and 6570 for
small; 1873 and previous years, fundable, at 80
GD36, and do, not fundable. at --0l29.