The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-09
MONETARY.
NEW ORLEANS BULLETIN OFFICE.
Monday Evening, Nov. 8, 1875.
~rw nprpAre ruEARUNa- gousr

CIeanngs. ba.auoor.
November 6. .......s2 545 80 slS9, 554 90
November S........ 1881 ,079 "a 327,073 &C
Thus far this week. 4,G61 ,625 Il 516,62S 80
Same time last week 2 S74 400 80 2Sb $40 OF
Total last week -. 9,s03ll8 10 954,328 20
Total week before. 9,C46,517 SO 9JS,7O8 81
A fair demand for discounts was reported by
most OF the banks, and on the street offerings
were liberal and rates harder. Considerable
sums Of currency are said to be on the way from
the North, and it is probable these receipts may
continue until an advance in New York sight,
which is now in liberal supply under the active
movem mt in cotton, and ru ed to-day even lower
than Saturdays rates. The sales of Gold were
limited, the dem,nd for cash Gold, and its great
scarcity continuing to keep the price considerably
| above the New York selling rates. The move
ment in Foreign Exchange WIS reported moder-
ate. A few sales OF stocks at the Stock Exchange
| were reported, and some transactions in bonds
| outside. stale and City Bonds were quoted
lower.
! We continue to quote collateral loans and first
class commercial elg natures at -G1l p cent per
| month, AL do at lG14, and second grade at
lNO-. Flrstclass mortgages rule at 10 u cent
per annum; second grade entirely nominal
Gold opened at ll51a0l16. against 11511 at
New York, and at er limited business closed at
ll5Mll5H (1lc lower than on Saturday, against
1l494 III that market. The sales were confined
to 81 900. embracing $1,000 at u.s. $1,000 at 1857,
$4,000 at 1155, $4,000 and $4,000 at 1852. $4,000 at
1l51a9ll5a4 $1,000 at 1855, and 80 at 1l6.
No sales OF Silver we're reported. American
half dollars were still quoted at l0941l0 and
Mexican dollars at 93@393ls gold.
Under the decline OF COLO st New York, sterling
fell off lc, while francs, being in good demand,
were unchanged. The movement was fair in the
former and liberal in the latter. The sales of
sterl Dg comprised f4400o, embracing $500 bill
of lading at 5431aa@5.44, f5C00 do and $1,000 Al
clear at 54411s, flGUU bill OF ladng and f2OOO All
at 5.45, fl20 900 bill of lading at 1905 49, $4,000
do. and 5000 AL clear at 5.451aa (, and fl0U0 bank
a. SOL.
The sales of francs were large, amounting to
100000 commercial. comprising $1,000 $4,000
and 100000 at 65, 20 900 at 631-, 800, 600 at
1850 1854, and 900, go at 1861.
At the 81 SO sterling bills were quoted at $751;
05.441a for bill of lading and Al c ear and noml-
nal for oauk, and francs at 6614G1465 for COM
mercial and nomins ! for bank
The offerings of Domestic Exchange being of lib
eral extent, and meeting with only a fair demand,
commercial fell off nearly Lie " cent. The sales
comprised slSS,0Oo, embracing $4,000, CONNER
cial at E. y cent discount, 81 900 and $50 900
commercial, 81, 600 private bankers, and 500 900
and 49,, 600 bank at 916, and $4,000 commercial.
We also noticed sales of $4,000 commercial on
st. Louis at q % cent discount. and $4,000 on
Berlin, and $1,000 on Providence at "a.
The banks continued to check on New York at
Il y cent discount, while commercial sight was
quoted at 9-l6, against . 16G3ls on Saturday
The only sales of Stocks reported were at the
Stock Exchange. and comprised IS shares Peo-
pies Bank at s29 So and % Merchants Insurance
Company At $50 25.
The sales of Bonds included $4,000 City Pre-
MUM Issues at 255a, ard $1,000 New State Con-
soils at 81 Both City Bonds aud New State Con.
so's, and particularly City Premium issues are
dull and lower.
Metropolitan Police Warrants continue quiet
but strong, and are still ono ed at r..
State Warrants of 1874 issues are without anv
apparent NOV ment, and are quoted entirely NOM
ina, while 1873 issues and previous years con-
tinue to rule 356136 and do not iundable, at 90