The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-24

MONETARY.
OFFICE NEW ORLEANS BULLETIN, |,
Saturday Evening, Jan. %, 1875.
FEW ORLEANS cLEAarSa-aoUsl.
Clearings. Balances.
January %. 81 65l ,G33 Sc s199, 1884 SO
Same time last week -. 1,533, 875 70 1926 g
Total this week .. 10 1918 So sS5,127 Oh
Total last week.. IL ,335, 070 IS ,2l3 969 SO
We are indebted to Mr.. 1. N. Maynard, man
ager OF the New Orleans Clearing House Asso-
citation, for the following comparative statement
Of the associated banks for the week ending to-
day:
Increase. Decrease.
Specie. NEUTRALITY-SUSPICIOUS.. $1,000
Currency .............. 10000
Loans INSTRUMENTATION. 49,. 10000
We have no change to notice il the Money
market. The offerings are OF moderate extent
at the banks and limited on the street, and the
rates OF com mercial paper without quotable va
Ration. We continue TO quote frst-class paper
and collateral loans for sixty days at $40 U
cent per annum, al do at 10012, and second
grade at 15GQIS. Strictly first-class mortgages
can be negotiated at 90g10 Il cent per annum.
There ls no movement in other grades.
Gold opened at l121aa91125s, against 1925 at
New York, and after a fair business, closed at
1121SN11123I against the opening rates in that
900 at 1125S.
No sales reported in Silver American half
dollars are still quoted at 1059106, and Mexican
dollars at 970e971a gold
Sterling Exchange was a shade lower on the
outside quotations. and bank shade higher
The movement was Of ibe' al extent. amounting
to f66. zoe, comprising 1920 al clear at 543,
fl5O0, f2500 and $4,000 bill OF lading at 544 go
eco do and Ell ,0G0 do. and Al clear at 5.4i09
544, $4,000 bill OF lading and AL clear at 5.44la
$4,000 AL clear at 5 44M55.45, $4,000 do. at SIS,
and f2000 bank at 5.47.
Francs were unchanged. The Gales embraced
$500 commercial, comprising 20o,C COO at 1927
$4,000, at 4.G21a4 60, and u, 900 and 2Oo 900 at
49,
At the close Sterling bills were still quoted at
54311a615 "A for bill OF lading and Al clear, and
--05.H for pank, and francs at 46211z@l4 81 u
for commercial, and 45711 a@4561 for bank.
The offerings of Domestic Exchange we're Of
liberal extent and rates unchanged The sales
OF New York sight covered $4,000, embracing
$4,000 commercial at14 u cent discount, $4,000
do at IN03-l6, $4,000 and $50 600 do at BIG,
5000 and $4,000 do, So 600, 900, $50 900 ana
500 600 private bankors' and $4,000 bank at e.
and s25,0g0 and s25 900 private bankers atl-le ,
The banks continue to check on New York at
par, and commercial sight was still quoted at
3-16M1a = cent discount.
In Stocks we noticed sales of 40 shares Canal
Bank at $55. and at auction, by Messrs. Nash &
Hodgson, 10 shares Importers Bonded Ware
house Company az 800, and % shares New Or
leans Insurance Company with dividend) at
$29 50.
The sales of Bonds included $4,000 Old State
Six Per Cents (red Lack-), issued for floating
debt, at 49, $1,000 New State Consolidated Seven
Per Cents at 36l; $1,000 do at $751; $4,000 do at 81,
and $4,000 City Gold Bearing Seven Per Cents
at 36I. At the close New State Consolidated
Seven Per Cents were quoted variously, some au-
thorties putting them at about 3d. others at about
80, and others at 3SG39. City Gold Bearing
Seven Per Cents were quoted at 81.
No sales Of City Appropriation Certificates were
reported; they were quoted nominal at $500.
The sales Of Metropolitan Police Warrants in
cluded $1,000 at 75, $1,000 at 759, $4,000 at 754g
rs, and $1,000 at 76s: they closed at 76D-.
In State Warrants we noticed sale of $4,000
new at 54s. Old were still quoted at -G26, and
new at obs.