The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-14

MONETARY;
OFFICE NEW ORLEANS BULLETIN. /,
Saturday Evening, Feb. Is, 1875.
HEw ORLEANS oLEARISa.RousL
p.s Clearings. Balances
FeDruary 13.. ....... 81 ,979, 449 65 $258, 81 81
Same time last week. . Il, 1893, s61 81 1926. 700 O
Xota! last week. 10, 1877, 1872 70 s6S422 s.
Total week before III, 2s4 1874 GO ,2l7 1886 a
We are indebted to Mr.. l. N. Maynard, Man
ager Of the New Orleans Clearinghouse Asso
citation, for the following comparative statemen
OF the associated banks for the week ending to
day:
Increase. Decrease
OpoClo. SEQ UOO
currency. Observation-Disclosures. ..... 500 OO(
Oeposlts .,.....-....... $4,000 ..
The Money market continues quiet and easv
with moderate demand for discounts at the
banks, and limited offerings on the street, and
without quotable variation in the rates of con-
mercial paper.
We continue to quote frst-class paper and
collateral loans for 60 days at 500 b cent per
annum AL do at lOG12, and second grade at Ii
@16c. First-class mortgages continue in dema nd
at 90!O u cent Per annum. All others are
difficult to negotiate.
We notice that the New Orleans Sugar Shed
Company has declared dividend of 5 y cent on
the new stock, payable on the 18th inst.
Gold opened at 11411aa911434, against l14sI at
New York, and, after Lbs raj business, closed at
the opening rates, against 11455s in that market.
inc sales summed up *135,0OO, embracing
$4,000 at 114la; $4,000, $1,000 and sIoO0o a3
1145a $3.50 at I145s09ll4a4, and $1,000 $40 O00
and S4O, 900 at 1143.
Nothing was reported in Silver. American half
dollars were still quoted at lO61s0lO711s, while
Mexican dollars ruled at -Nl97 gold
Commercial Sterling was about Ito ~ cent
higher, while bank was unchanged. The move
ment was OF liberal extent, amounting to go ono
comprising f2O0o, $4,000 and $4,000 bill of ladine
a. ss6o 49, 1z9oO 90 at 549 a955o f22,oOo do and
f2o,oo0 bill OF lading at 55O@5.5l, s2COO AL clear
at 5.5l1a, and f120O bank at SIS.
Francs We're unchanged. The sales comprised
5d5, o0o, embracing 600 commercial at $50,
$4,000 40 at Gt.571aa, 200, 900 and $50 600 40
at 4.57La, and $4,000 bank sight at $50.
AZ the close Sterling bills were quoted at
b.49H@5 501a for bill of lading and Al clear. and
L.ego.54 for bank, and francs at 4.5ss401i 571as
Tor commercial, and 4.539 41452115 for bank.
The offerings of Domestic Exchange were Of
1alr extent, and with a moderate demand com
mercial was unchanged. The sales of New York
sIgnt covered $4,000, embracing $1,000
and $4,000 do at 5-32, $780, 900 private bankers
at 5-32 and S25, COO commercial and S35 GOO pri.
vate bankers at !. We also noticed sales of
$!O,OOO commercial on Providence at II cent
discount.
The banks continue to check on New York At
paf, and commercial sight is still quoted at a
"a u cent discount.
In Stocks We noticed sales of 100 shares Louis
lana Levee preferred at 81, 10 Mutual National
Bank at s3S, and State National Eank at s63.
The sales OF Bonds included q 300 CITY Gold
Bearing Seven Per Cents at 377s. $4,000 do at So
$SOco new State Seven Per Cents at 49, $4,000 do
at 43R, $4,000 do at Al, and $4,000 Jackson
Railroad second mortgage coupon at 93a4
No sales of City Appropriation Certificates re-
ported they were still quoted at about &c.
Metropolitan Police Warrants are entirely NOM
inal. ~
The sales of State Warrants included $500 at
55. Old were quoted at a out %, and new about
540155.