The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-26


OFFICE NEW ORLEANS BULLETIN,
Thursday Evening. Feb. %. 1875.
NEW ORLEANS CLEARNa-HoUsI.
Csarings. Balance,
February 90. ........ 81, 255, $50 o. 15O,436 Is
February 22............ Legal holiday.
February 23............ 1,463 $50 81 1904 so
February 24.......... q. 42l Al $50, $50 -
February 25. ,e63, l41 SO POI, 775 6s
Thus far this week s. 1851, O35 &c s51, 1876 s.
Same time last week. IL 63l 427 90 l. OILS 69l "
Total last week. ID 074 1857 A l. 191 955 Is
Total week before. 1877 1872 Is 868, 422 81
We have no new feature to notice in the
Money market. The offerings continue mod
crate at the banks and limited on the street.
and the few transactions reported in COM
mercial paper are at previous rates. We
continue to quote: First class paper and
collateral loans for GO days at SAG q cent per
annum; Al do at 10@l2, and second grade
at l5GlS. The few transactions in mortgages
are in tirst-class at 9G1O q cent per annum.
Other grades are apparently without any
movement.
Gold opened at 1l4I@1l45, against 114i at
New York, and after moderate business
closed at the opening rates in both markets,
touching 1l4s during the interim. The sales
summed up $4,000, embracing $4,000 at
la, and $4,000 at 114l, $4,000 and SIS, 900 at
LA and $4,000 at 114b.
NO sales OF Silver were reported. American
half dollars were still quoted at 107G1O74
while Mexican dollars at 96i@97, gold
Under the influence Of the decline in gold
at New York Sterling was 2-10 p cent lower
for commercial and lilo for bank. The
movement was of moderate extent, amount
ing to 927, 600, comprising f120O bill of la
ding at 48i, e12OO, 917OO and $4,000 do at
5.4SI, E16,0 600 do and AL clear at 5 4SC15 49,
92OOO AL clear at 5.49, f2500 do at 549a, and
9lOOO bank at 5.524.
Francs were shade lower. The only sale
reported was $4,000 commercial at 4 $50.
5.47!@5 4S4 for bill OF lading and AL clear,
and-(G5.52 for bank, and francs at -@45Ss
for commercial, and -@4 534 for bank.
The offerings of Domestic Exchange were
Of liberal extent, and commercial met good
demand without quotable variation though
shade lower at the close. The
sales of New York sight covered 100000,
embracing $4,000 commercial and 1000
private bankers at par, SIS 900 commercial
s25, 600: $4,000 and s55, 900 private bankers
and $50, 900 and $40, 900 bank at ! 80 u cent
premium, and $4,000, $4,000 and $40, 600
private bankers at 1-1G. We also noticed a
sale of SIT 900 commercial on Providence at
! r cent discount.
The banks continue to check on New York
at + cent premium, and commercial sight
is still quoted at par GO.
In Stocks we noticed sales Of 100 shares
Louisiana Levee, preferred, at "a %, 10 st.
Charles Street Railroad Company at S77 30,
and = New Orleans City Railroad Company,
of which the particulars are withheld.
The sales Of Bonds included $1,000 City
Gold Bearing Per Cents at 37a, and $4,000
new State Bonds at 49, which afterwards re-
sold at AGA and ~, showing an improvement
attributable to more encouraging political
prospects.
Nothing transpired in City Appropriation
Certificates, which were still quoted at 80 for
round amounts, and 40 for small sums at
retail.
Metropolitan Police Warrants continued
entirely nominal.
No sales of State Warrants were reported.
Old were still quoted at 5000, and new at
54C155.