The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-23
MONETARY.
OFFICE NEW ORLEANS BULLETIN; M
Thursday Evening, April y, to'o''

nam Tanli !.ne "a. wen 9765214 o6 14O6 60
Totai week before 49,. 9,79S,O69 81 l,l96 l29 80
Tbe Money market to-day exhibited no ma
.or;aI 10 r;ation. Beyond the ordinary appli-
,,.,on far discounts, there Was little demand
mooney Commercial paper continues II
unod r4aiIest and light supply. Foreign Elk
Change. which continues scarce. Is quoted
ShaIe hipher than yesterday, while domestic
!, also in limited supply and unchanged
IN the Stock market we note continued
investment demand with some further I'M
proyem Mt in rates. Holders generally are
unwilling to sell at present quotations. The
anticipated settlement OF the city finances
appeared to have already exerted q reviving
influence upon City Bonds, which show in
creased strength. City Gold Bearing Seven
Per Cents closing II cent higher than yes
tertlay. New State Consolidated Seven Per
Cents quiet and unchanged.
e-We learn that at the anal glmatiOn of the
New Orleans Gasiight Company and the Cres-
cent City Gaslight Company considerable
amount Of assets from previous profits had
been carried to the credit of the reserve fund
20 which the old stockholders alone were en-
titled, and in the proper distribution among
them cerLa,n amount (SlS6.OOO) OF new city
currency bonds, which had been received
from the city in payment of gas bills, was, we
thousand dollar bond to every so shares Of
old stock and ID Of new, and charged at the
market rate of 80. There still remains con-
siderable values for further division
We continue to quote frst-ciass sixty days
paper and collateral loans ut sag f9 cent per
annum; AL do at 1OC112, and second grade at
l5hg1S. F4rst-class mortgages still rule at
9NgiO p cent per annum, while second grade
are entirely nominal.
Gold opened At ia sCDll5s. against ia
a. New York, and. after tar business closed
a. 1lJGl l15l, GCgac higher than yesterday,
against ll5 in inat market The sales sum-
med up SGi 900, embracing $4,000 ut ll54,
$1,000 at 49,, 5000 at 1l5i, and $1,000,
1900, 10000 and S20, 900 a. 11555.
Silver continues without any apparent
movement. American half dollars ara still
quoted at 1OS0lOSJ. while Mexican dollars
continue to rule at 9Ga M197 gold.
Sterling Exchange responded to the i'm
provement in gold and bills at New York,
rising 2-lO {, cent higher than yesterday 5
quotations, and closing at the improvement.
The movement was limited. being conined
to e22 900, comprising $500 and CISCO bill
OF ladiag and e20Oo Al clear At ) 80. $4,000
bill of lading at 5 5SN15 ISL $4,000 do at -,
5000 Go at j. 5sa(a,5 59t, Ei5tO bill Of lad
ing ut $50, GlOOO, three days sight, and
1850 bank at Sol, and elGOO three days
sight at 5. Gls.
Francs, though unchanged in New York,
rose jP cent in sympathy with the advance
IN gold in that market. The only sales re-
f? 5ss were '''''' anu ''' wv ''A'"''''A' -
At the close, sterling bills were quoted al.
: 5Sul 50 Tor bill OF lading and AL clear,
and 5 Clio, s. 62 for bank and francs at i. 50 for
GO nmerc,al, aud 4 4Si for bauk.
l,t .1,r. n,.l
ned i'll light supply AMI moderate demand.
The sales were confined to 100000, embrac-
iog $40, 900 and SIS 200 commercial, and So
y y and S55, 900 private bankers at 1892 =
cent premium.
Socks apparently continue the favorlte
Investment. but holders exhibit grea. relu:-
tance to par. with their shares even at rect nj
Improvement. This somewhat checls the
movement, but as their advanced pretensions
are predcated on recent sales and comDet,-
Ion among buyers more activity Is antlci
,,ated. The only sales reported to-day were
| veuty shares Bank of Lafayette at, thirty
state National Bank a. So 81, and fifteen
Hiberna National Bank at S73
CITY Bonds exhibited better feeling and
approved tendency, particularly City Gold
bearing Seven Per Cents. which were quoted
Mt 36 at the close, or l u cent higher thar
yesterday.
There is some conflict of opinion with re-
gard to the effect of the House bill now pend
ing in the Senate, but the popular impress
sion seems to be that tho definite settlement
Of the matter must have o favorable infiu
'ence.
The sales comprised $1,000 new City Seven
Per Cents at 80, $4,000 City gold bearing
Seven Per Cents. embracing $1,000 at 80
5000 at 3d., $4,000 at 35a, and $1,000 at ST.
TOD pa (y0DGt
we're quiet and unchanged, being still quoted
st 57s@57a. The sales included So, OOl
new State Bonds at So. and $4,000 at IS.
City Scrip was more in request TO- day, ant
vas quoted ut 49, Gao, about Ito higher thai
yesterday.
No sales Of Metropolitan Police Warrant
wero reported. They are still quoted q
about 81
Nothing TRANSFERRED in State Warrants. Cd
not fuudable, are gu oted at 80; old. fundable
AZ 35M)36, and new at 80.