The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-31

MONETARY;
OFFICE NEW ORLEANS BULLETIN,
Saturday Evening. Jan. 80, 1875.
Kew ORLEANS CLEARING HOUSE.
C!earngs. Balances.
January 1913, 7O2 10 s1s7, 1856 95
Same time last week. 81 65l ,ess S. s199 8sI s.
Total last week. ..... 1O,s19O62 OF 1876 1888 "a
Total week before -. .1O,142148 SO 1856 1877 O3
We are indebted to Mr.. I. 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
Currency. Observation-Disclosures. sos, 600 -.
Loans ..................". 49,. l2,oOoo
Deposits. .................. 10000 80.
Nothing has transpired in the Money market
that indicates any change. The offerings continue
Of moderate extent at the banks and limited on
the street, and we have no quotable variation to
notice in the rates Of commercial paper.
We continue to quote frst-class paper and
collateral loans for 60 days at S49 b cent per
annum !; al do at lON1l2, and second grade at
15@lSc. First-class mortgages are inquired for
at 9Ml0 " cent per annum but it Is extremely
difficult to negotiate any others.
The election Of directors of the Ponchartrain
Railroad was stopped to-day by order Of the
United States Circuit Court Judge Woods, be-
fore which suit is pending against the COM
pany.
Gold opened at 1127s@l1S1s, against 1127s at
New York, and after tair business, closed at I13
Ml13l4, against 1885 in that market. The sales
summed up sSl 900. embracing $4,000 and $4,000 at
lib, 100000 at 113Ml1318, 5000 6GOO and SIS,
900 at 1885, $4,000 at 1895 @113l !, and $4,000
at 1877.
No sales OF Silver were reported American
half dollars are now quoted at 1051a0lO61l.
while Mexican dollars continue to rule at 97g
97L, gold.
G,la <ba IA,
New York, Commercial Sterling ruled about Ito
per cent higher. The movement was of liberal
extent, amounting to f55,O0O, comprising $4,000
ninety days bill of lading at 5434 fl5O0 and
f450O bill Of lading at 5.45, $500 40 at $500
4G, f7500 do at 5.4o20n5 IS, f2OOO ard $4,000 10,
and $4,000 and $4,000 AL clear at SAG, $50 bill of
ading at 5.461a and f25O0 bank, at the counter at
$50.
Francs were also higher for commercial. Tho
sales comprised $4,000 commercial, embracing
100000, 10000 and 225,00C at AGO. - and 100000
at 1907.
At the close Sterling bills were quoted at
5.451ag5.461 % for bill Of ading and AL clear and
---t05.49 for bank, and francs at 4.6l l4Ggi 60
for numerical, and 4.56l4 for bank.
The offerings of Domestic Exchange were of
moderate extent, and with fair demand
York sight covered $4,000, embracing $780, coo
commercial at SIG ~ cent discount, 500
600 do and private bankers and $4,000 pri-
vate bankers at 4, and $4,000 private bankers
at 1872. We also noticed sales of s22,0t0 com
mercal on Boston at SIG y cent discount, and
$4,000 on Providence at -.
The banks continue to check on New York at
Il u cent discount, and commercial sight was
still quoted at u.
In Stocks we noticed sales of 35 shares AM
mona Thermo Specific Propeng Co. at SO 50
and IL New Orleans City Eairoad Co. at STAT 30.
The sales of Bonds included $4,000 old State
Skies, OF 1869, at %, $4,000 City Gold Bearing
Seven Per Cents at 81 $4,000 do at 37a4, and
$4,000 Jackson Railroad First Mortgage at 95ll.