The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-27
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Friday Evening. Nov. 26, 1875.

The week closes with qriet Money market
We notice q moderate movement at the banks
but on the street the inquiry for Money is slack
and good paper in demand at shade lower ratel
for exceptional. The sales of Gold continue
limited, the price ruling materially higher thar
at New York. A liberal movement was reported
in sterling and francs to-day while New Yorl
sight, which has been rather scarce during the
week, is now in better supply, but continues il
good demand at rates which are considered higt
for this season of the year.
In Stocks and Bonds few sales are reported
City issues are quiet at previous quotations.
The only activity IN this branch of the market
has been New State Consols, which were in de-
mand in the early part of the week, and liberia
sales were made at sharp advance. To-day
they are reported quiet and not quite so strong
We now quote exceptional paper at SOLO Il
cent per annum discount; Al do at 12@-, anC
second grade at 15@1S.
First-class mortgages rule at 90I10 " cent pei
annum second grade are entirely nominal.
Gold opened at 115@1151aa, against 1143S at
New York, and after a quite limited business,
closed at 1I54 9l15a, against 1l4H in that
market The sales were confined to $4,000
embracing $1,000 at 115I, $1,000 at 1855, and
$4,000 and $4,000 at 11511a.
No sales of Silver were reported. American
half dollars are now quoted at 1O9Wll0, while
Mexican dollars continue to rule at 9411a0- gold
Under the advance in Gold at New York ster-
ling opened at an advance of nearly 1c, and
improvement steadily to the close. The move
ment in both was Of quite liberal extent. The
sales OF sterling comprised f79, 200, embracing
$4,000 bill of lading at 5.471a $4,000, $780, $4,000
bill of lading at 5.4S8549, coy 500 do. at 5.4S1
@5.49, $1,000 do. and $4,000 AL clear at $40,
f250O Al clear at 5.49l5, and $4,000 and f1200
bank at the counter at 553.
The sales of francs amounted to S25 000 COM
prising I25 900 and 10000 at 1905, 5000 at
4 a,,l a.
At the close sterling bills were quoted at SAP
@5.49 for bill of lading and AL clear, at-QI5.521
for bank, and at -G1553 for the bank, counter
rate Francs ruled at 4.605 go for commercial
and nominal for bank.
The offerings of New York sight were of quite
liberal extent, but meeting with a good demand,
commercial was very firm at previous quotations.
The sales comprised S345, 900, embracing $4,000
and $4,000 commercial at Is e cent discount,
$4,000, $4,000, $4,000 800 900, 600, $50 600
commercial at 9-32. We also noticed sale OF
$40 900 commercial on St. Louis at "a II cent dis
count.
The banks continued to check at 4 f8 cent
discount on New York, and commercial sight was
still quoted at 5-l6.
The sales of Stocks included 10 shares New Or
leans Insurance Company at S32 30, and 5O
ST. Charles Street Railroad Company at so net.
City Bonds continued quiet at about previous
figures, while New State Consols were not quite
as strong. The sales of the former included
$4,000 City Gold Bearing Seven Per Cents drain.
age seres) at ~. and those of the latter $4,000
and $40, 900 at 575s.
The following were the sales at the Stock Ex-
change to-day: shares New Orleans Insurance
Company at $50, and $4,000 City Gold Bearing
Seven Per Cents, drainage Series at 26s4.
Metropolitan Police Warrants are still held at
750S0. No transactions are being reported.
Nothing transpired in State Warrants; issues
of 1874 continue entirely nominal, and 1878 and
previous years, fundable, at 35@36, and do,
not fundable, at -t129.
There is apparently very little movement in