The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-03


We notice that the opening of the st. Patrick's
Hall ASSOCIATE n Savings Bank is announced to-
day. The bank receives deposits OF 50 cents
and upwards allowing interest at Six per cent
compounded every Six months
Private dispatches received here to-day from
San Francisco, report the re-opening Of the
Bank Of California this morning.l
The statement of the Associated Banks
published above, shows a considerable de rease
in currency and deposits, and an increase in
loans over the previous week.
We have no change to note in the money
market. The demand continues good, both at the
banks and outside, a slight minuton OF offerings
being noticeable at one or two Of the banks to-
day.
In Stocks and Securities the market is without
any noticeable feature of interest. With the ex-
ception Of an auction sale, OF which the particu-
lars are given below, nothing Is reported There
is little inquiry for this kind Of investment under
the present strong commercial demand Tor
money.
We notice that the exchange Of the New City
Bonds for those subscribed to the Premium Bond
Scheme is progressing, and that some CT the new
issue are now in the hands OF subscribers.
We continue to quote collateral loans at 10@12
dB cent 93 annum discount; AL DO at 1H6l4 Il
CENT per month, and second grade at 140lH.
Fret class mortgages rule at ~ % cent u annum.
We heir Of no negotiations in second grade.
aoId opened at l165s0ll167s, against 1161s at
York, and after liberal business closed at
l11714, against 11714 in that market. The
q, $4,000, $1,000 and 5000 at III, $4,000 and
Do at 1171I, $4,000 and SIC, 900 at 1171S0111714.
$1,000 and $4,000 at 1174.
10 sales Of silver were reported. American
dollars were still quoted at 1100l10llaa, and
ncan dollars at 931a@94 gold.
0reign Exchange opened at previous rates,
4, under the subsequent advance in gold at
nv York, sterling was quoted 2-10 per cent
her and francs "A. The movement was quite
bral in the former and of fair extent in the lat
The sales OF sterling comprised f63, 900,
racing $4,000 AL clear at 5521aa, $4,000 bill OF
ng and $4,000 AL clear at $685., 10000 bill OF
Is and AL clear at 5.531a05.54, f25 ,Ooo and
5.54Ha, f11,000 do at =, and f255O and
bank at 5 571a.
sales Of francs amounted to 10000, com
g 60, 0O0 commercial at -, and 800 0, 30,
$1,000 and 100, 600 do at 5SA.
the close sterling bills were quoted at
k@5541%s for bill of lading and Al clear, and
hal for bank, ano francs at 45SA for COM
al and nominal for bank
{ offerings of New York sight were of liberal
BIT, but meeting with only moderate de-
h, commercial fell off Lie 58 cent The
comprised $4,000, embracing $1,000, $40 600,
poo and 900 commercial and.$lO,U0o bank
he banks continue to check on New York at
while commercial sight was quoted at -@I
cent discount against SIG yesterday.
he only sales of Stocks reported were at auc-
d by Mr.. John G Monrose, for account OF sue,
bsiun of Williamson Terry, and comprised "
rrollton Railroad Company at $64 90, and IL
a % st. Charles street Railroad Company at
50. Although the sale was well attended
ERE were very few bidders, and the impression
Is that the Stocks sold below their market
hue.
The only sale Of Bonds reported was at the
love auction, and comprised 20 $500 Jefferson
ty issues at 2S per 100.
/3ity issues and new State bonds continue
DadY and firm at previous rates.
Nothing transpired in Metropolitan Police
! rants. They are still quoted at 65t970.
sales of State Warrants were reported.
es Of 1874 were stall quoted at 60@65 for
and 65@7O for small 1873 and previous
g, fundable, at -0129.