The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-19
NEW ORLEANS CLEARINGHOUSE.

The Money market continues quiet ard
easy The offerings are limited at the banks
and on the street, and The rates Of commercial
paper unchanged.
We continue to quote tirst-class paper and
collateral loans for sixty days at eGt9 p cent
per annum; Al do ct 1OG1l2, and second
grade at 15GtlSc. Fir5t-cIass mortgages now
rule at SOLO q cent per annum, while
second grade are entirely nominal
Gold opened at llG!Ge llG33. against 11Gi at
New York, and after moderate business
closed at l16l@1l6I &c higher, owing to the
scarcity of Ssh gold, than the openinp)
against the opening rate in that market.
where it touched llGsGGllG3 during the in
term. The sales summed up Sal 600 $1,000
and 5000 at llGl, $1,000 at 1llGa, $4,000 at
116iCgllG2, $20, 900 at 1lG3Gl llGl, 2OOO at
1l6J and $1,000 at llG5
Notwithstanding the advance in gold at
New York, nothing has trtnspired that indi
Gates any improvementin Silver, and the mar
ket IS still without any apparent movement
We continue to quote American hat-dollars
at 107} G1l0s, while Mexican dollars now rule
at 96O96l gold.
The decline in gold at New York early in
the day weakened Sterling at the opening.
but on the formers recoTering its previous
figures, the market subsequently ruled about
the same as yesterday.
cotton
the supply of Sterling was limited. The
movement was consequently limited, the .les
being confined to e2l 900, embracing I'll 900
bill Of lading at 5. 53Gty5.535, e7OsO 90 at s. 53
(15 d, and $1,000 Al clear for gold, at 4. IS.
Francs were unsettled at the opening, but
closed the same as yesterday. The only sales
reported were 30, 600 and 50, 600 at ALL.
At the close sterling bills were quo;ed at
5.52IGn 33l for bill Of lading and Al clear
and -G15.5S for bank, and francs at l. 5S3Mg
4L57! for commercial and 4 534 for bank.
Domestic Exchange was also affected by
the moderate sales of cotton, the offerings
being limited and the rates of commercial a
shade higher. The sales of New York sight
covered 100000, embracing $50, 900 private
bankers at T. cent premium, $40 900 and
S25, 900 commercial and SO, 900 private
bankers at 5-32 and $40, 900 commercial and
S25, 900 and S45, 900 private bankers at 3-l6
The banks continued to check on New
York at q cent premium, while commercial
sight was quoted at -G)316, against Ia
yesterday.
In stocks we noticed sales of - insurance
shares, Of which the particulars were with
held.
The upward tendency of City Gold Bearing
Seven Per Cents and New State Consolidated
Seven Per Cents continues. At the close the
former were quoted at 36i, while 505 was Of
fered for the latter. The sales of City Gold
Bearing Seven Per Cents comprised $4,000 at
36!. and $4,000 and $4,000 ut 3G4, AMI of
New State Consolidated Seven Per Cents
$4,000, embracing $50 900 at 1870 ~,
$4,000, $4,000 and $4,000 at 80. and
0,0O0 at 50I
The only sales reported in City Scrip was
$1,000 City Appropriation Certificates, at re-
tall at 80.
Metropolitan Police Warrants continue
entirely nominal, ana without any apparent
Nothing TRANSFERRED in State Warrants
Old were quoted at 3l@-, against 300
while new Were still quoted at 50
q. - and Legislative Per Diem at 81