The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-15
NEW ORLEANS CLEARINGHOUSE.

M Tat.1 ~ uaek 979s 0G9 81 1,l9,, l29 "
Tctsi week before =. 9,9GO,5i9 10 l,l2',o94 o.
TIE Money market presents no new fea-
$500 of cnecl interest. The volume OF bank
denosits shows only q moderate snrinkage,
and the supply Of available capi!al Is sun ~
excess of the demand. Timldity ana un-
certainty on the part OF CAPITALISTS ana
.'onaral indisposit:on to embark in any
SSentnre are still assigned as the chief causes
of This condition.; and now that the most
active period of the business season Is at an
and. there is little expectation Of any decided
change for the present.
As will appear from our quotations. below,
dealers in Foreign and Domestic Exchange
did a fair amount of business at q
slight change from yesterdays rates, while
stocks were less active. As on yesterday, the
movement in securities was chiefly confined
to State bonds, which were in better request
and showed marked advance, while city
bonds were inanimate, and quoted at slightly
lower rates. The causes assigned for this de-
preston are mentioned below. The Gov
ernors veto Of the amendment to the city
charter. passed at the late session of the
LEGISLATURE, WAS announced in the afternoon,
and being in accordance with the prevailing
sentiment in commercial circles, was sup
no,ed 10 be calculated to exert a revlvlng IN
huence.
We continue to quote irst-class sixty days
paper and collateral loans ut o(D3 D. cent per
annum: Al do at 10C,)l2, and second grade At
15M1S. First-class mortgages still rule OF
1910 p cent per annum, WINE secono sraoe
are entirely nominal.
Gold was more active. The market opened
at 1l5Clll5l, against lis! at New York, and
closed At the opening rates in both markets,
touching Isl during the interim ut New
York. The sales summed up S59,OOO, en-
hracino $1,000 at lis, SIS, 900 and S25 600 ut
ll5J, and $4,000, $1,000 and $4,000 at Isl.
Silver continues without any apparent
movement American half dollars are still
quoted at 1O8@lOSy, while Mexican dollars
continue to rule at 9GlG97 gold.
Foreign Exchange was about ITO p cent
higher for sterling, and | for francs The
movement in the former was limited, being
confined to e22 900, comprising f35OO bill OF
lading and el5OO AL clear at 5.5S. $1,000 AL
clear Mt 55S5, 5000 do at 5 5SJCa@5 50, E2OOO
do at s. SO, and E3OOO bill Of ladlng at 49,. The
only sale reported in the latter was 75,OOO
commercial at 453aGJ4.53.
At the close Sterling bills were quoted Of
5.57J655S5 for bill Of lading and Al clear,
and GOO for bank, and francs at 4.534C
4.52I for commercial and L. 500-t tor bank.
With fair offerings and limited demand
commercial sight on New York exhibited q
ing rate was unchanged The sales covered
S2iO, OOO embracing $50, 600 commercial and
$25, 900 private bankers at u cent pre-
MUM, $4,000, S4O, 1000 and $4,000 private
bankers at 9-32, and $4,000 bank at SIG.
The banks checked on New York at Il
cent premium, and commercial sight was
quoted at -@9-;,2, against 932 yesterday.
The movement in Stocks was OF moderate
extent and the only marked advance report
ed was in Louisiana National Bank shares
which we're quoted SO SO higher than last
week. The sales included 100 shares Louisi
ana Ice Manufacturing Company at S23, ~
Louisiana Oil Works at SOB, State National
Bank at so, and 49, Louisiana National Bank
at SOS SO.
Owing to some vague apprehension OF de-
pressing influence from the proceedings Of
the called meeting Of the holders of old City
Six Per Cent Consolidated Bonds, to be held
on Saturday, aud the uncertainty with regard
to the action of the State Legislature for the
relief OF the city. Gold Bearing Seven Pei
Cents were unsettled, and closed nominal at
80. No sales were reported: Yesterday,
not before reported, $40, 900 sold at 49,
Under the influence of the accomplishment
Of the political adjustment an active demand
sprung up for Few State Consolidated Seven
Per Cents, which continued all day in the
face of rapidly advancing prices, until the
market closed, when they were quoted fully
l.! p cent higher than yesterday. We learn
that nearly all Of these bonds which have re-
Gently been funded from abroad have been re.
turned, and of course are not in the market.
The sales and resales to-day summed up
$4,000, embracing $4,000 and $4,000 Al
564, 10000 at 564, 10000, $1,000 and
10000 at 81, $4,000 at 57i, $1,000, $4,000
and $4,000 at 57!. $4,000, $4,000 and
$4,000 at 57ss and $1,000 at 57,.
We also noticed a sale Of $1,000 New City
Seven Per Cents at }6.
City Scrip is still quoted at 5000. NJ
sales were reported.
Nothing transpired in Metropolitan Police
Warrants, which are are Still quoted at -
@52
State Warrants continue without any an
parent movement, and are still quoted at 3:
for old fuudab!e and so for new.