The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-19
MONETARY.

NEW ORLEANS CLEARINGHOUSE.
Clesrings. Balance.
January is. 81, 533, s75 70 sls3, 286 2
January H.. ......... 1,786,6s6 03 1881 6
Thus far this week w 1920, SCI SO 3f4,667 8
same time last week.. 4,7O7, 5S4 81 436, 100 8
Gota! last week. II 1885,, 070 IS ,2i3, 1853
Total week before. 80. 10. 1851 40 9S3,O63 1
The following directors were elected to-day
w: Of the Union National Bank, Messrs. A
). Gomila, w. s. Bailey, w. J. Behan, Sam
ID. Snowden, VIM. Hartwell, Jos. Bowling
N. D. Wallace, W. B. Krumbhaar, B. n
Pond, E. F. Lavillebeuvre, Victor Meyer, NJ
NJ Simpson and Carl Kohn. OF the Mechan
acs' and Traders Bank: Messrs. Auguste
Bohn, Thos. A. Adams, Thos. Langridge, J.
A. Blaffer, H. Gally, L. T. Generes, f. Van
Benthuysen, Richard Milliken, and A. Leh
man; and of the st. Charles Hotel Company
Messrs. John G. Gaines, Thos. Langridge, j.
W. Lea, L. f. Generes, and Carl Kohn.
We notice that the Citizens Savings Ban's
has recently declared a dividend Of 10 =
cent out of the profits Of the past six months,
payable on demand.
I No hing has transpired in the Money mar
ket that indicates any change. The offerings
continue of moderate extent at the banks
and limited on the street, and the rates OF
commercial paper are without quotable vari.
alton. We continue to quote first-class paper
and collateral loans for sixty days at 8C19 u
cent per annum, AL do at 1O012, and second
grade at 1501S. First-class mortgages con-
tinue to rule at 10@11 - cent per annum,
while nothing is reportedin second class, on
which to base quotations.
Gold opened at 112@112I, against 112! at
New York, and after fair business closed at
ll2sD112ss in that market. The sales sum-
med up $4,000, $4,000 at 112, $4,000 and
$15, at 1l2B, S1O 900 at 1125Ca}1121, SAC, 900
at 112s0112s, and $4,000 at 1923.
No sales of Silver were reported. Ameri-
can half dollars were still quoted at lO9M
1851. while Mexican dollars now rule at 81
<9971, gold
Sterling Exchange opened at previous
rates, but under the subsequent advance
IN gold at New York, and notwith-
market, closed at fully 2-l0 q cent
higher. The movement was of moderate
extent, being confined to GOA, 500, comprising
EzOOO bill Of lading at $40, and $4,000 do at
~, and e13,0OO do at 5.41@5.42a.
Francs, responding to the same influence
which controlled sterling, showed some i'm
Provement closing higher than on Saturday.
The only sales reported were $4,000 CONNER
"cial at 4.65@4 63B. and 100000 at 463i.
At the close Sterling bills were quoted at
3. Al (95 42a for bill Of lading and AL clear.
ssAAu y. Dituh, anu ITauCS Ill HOY
for. commercial, and $50 for bank.
The offerings of Domestic Exchange were of
fair extent The bank checking rate on New
York was about 1-16 u cent higher, and COM
mercial sight /. The sales of New York sight
covered $205. 200, embracing S25, 900 private
bankers at 79 cent discount, $4,000 COM
merciA at 1882, $4,000 do, S25, 900 private
bankers and $4,000 bank at BIG, $4,000
commercial at 3-16C1as, and 500, 900 and $685.
900 private bankers at !. We also noticed
sales of $4,000 commercial on Providence,
and $40, 600 on st. Louis at 7p cent discount,
and $40, 900 on Providence at 3.
The banks check on New York at par and
commercial sight was quoted at 3-161a p
cent discount, against 5-16@i on Saturday.
In Stocks we noticed sales of 500 shares of
Louisiana Levee, preferred at 50, 50 Home
Insurance Company 1913 25, and other sales Of
Home Insurance Company and Railroad
shares, of which the particulars were with
held.
The sales Of Bonds included $4,000
Old State at =, and SlL 900 Louisiana Levee
Company at -. City Gold Bearing Seven Per
Gents ware quoted at 36i at the close, and
New State Consolidated Seven Per Cents at
1910
City Appropriation Certificates were still
quoted at about 40, but no sales were reported. |
The sales of Metropolitan Police Warrants
included $4,000 at 7O5; they closed at about
IL
Nothing was reported in State Warrants.
Old Were still quoted about %, and new at
about So.