The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-23
MONETARY.
OFFICE NEW ORLEANS BULLETIN,
Monday Evening March q 1878

Auus lar TINS week. I,Jbo. 4D) 81 ZI3 J3S Z
t same time last week, 3,454,697 81 273 095 :
Total last week. 1O, 59l ,259 10 81, ITS 0
Total week before. II 1874, O67 IT 1,059,Gi2 9
The Money market continues quiet an
easy, with limited offerings at the banks ant
on the street, and without quotable variation
"a the rates Of commercial paper.
We continue to quote frst-class paper and
collateral loans for sixty days at 8H19 II cent
per annum; Al do at 10M12, and second
grade at l5f1lSc. First-class mortgages now
ruls at 3Gyl0 p cent per annum, while
second grade are entirely nominal.
Gold opened at l16!M11G!, against 11Gl al
New York, and, after limited business
closed at llGl8ll6i, against the opening rate
in that market, where it touched llGi during
the interim. The sales summed up $50 600,
embracing $1,000 at ll5i. $1,000 at 115.. $4,000
at l1GI, and $1,000 $1,000, $1,000 and So, 900
at llGi.
Nothing TRANSFERRED in Silver American
half-dollars are now quoted at 10sM}103i
while Mexican dollars continue to sell at
yGm 96j gold.
Sterling opened at previous rates, and
owing TO the early advance of &c in gold at
New York soon rose 2 10 per cent, but on
Colds subsequently loosing Ic of its i'm
proVement, and the dropping tendency IN
bills becoming established in that market,
closed Ito per cent lower than the opening
tor commercial, and 10 for bank The sup
ply was light and the movement was of
moderate extent, amounting to only e35, 800,
comprising $1,000 bill of lading at 5.52J,
5000 American ships bill at 81 50, El5OO Al
clear at 5 535, $500 bill Of lading, and e9OOO
do and AL clear at 5.53M5.54, Gl30O and
10000 bill of lading and e25OO Al clear at
Dol, and f200O bank, in gold, at f. 3d.
Francs ruled at slight improvement for
commercial, but without quotable variation
tor bank. The movement was of fair extent,
comprising 775OOO commercial, embracing
200, 900 at =, and %, 600, 1000, 10000 and
325 900 at 457t.
At the close sterling bills were quoted at
). 53M554 for bill of lading and AL clear and
-G95 81 for bank, and francs at ALL for
commercial, and 4. 533 for bank
The offerings of Domestic Exchange were
Of liberal extent, and met with fair demand
at a shade higher for commercial, but without |
luotab1e variation. The sales of New
York sight covered S275,0OO, embracing
$1,000 and $4,000 commercial at 5-32 r. |
cent premium, SIS 900 and $4,000 do, and |
$40, 900 private bankers at 3-16, and Sis, 900 |
private bankers and $4,000 bank at 7-32
We noticed sales of Sl2 900 commercial on
Providence at l-l6 II cent discount, and o1O-
900 do and $50, 900 on Boston at /.
The banks continued to check on New York
ut 7a cent premium, and commercial sight
vas still quoted at -93-16
No sales of Stocks were reported.
In Bonds we noticed that new City Seven
Per Gents were about t. cent higher, while
City Gold Bearing Seven Per Cents were
and New State Consolidated
Seven Per Gents closed about r. cent lower
han on Saturday. The sales included $4,000
New City Seven Per Cents at 81, $4,000 City
Gold Bearing Seven Per Cents at 3G3, $1,000
New State Consolidated Seven Per Cents att
l9i and $40, 900 do at So
Nothing TRANSFERRED in City Scrip
Metropolitan Police Warrants continue with
tut any apparent movement and are quoted
Entirely nominal
No sales of State Warrants were reported. :
Did were still quoted at 3lN-, and new at
Ot' %, while Legislative Per Diem ruled at
bout So, against 80 on Saturday