The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-30
MONETARY.
OFFICE NEW ORLEANS BULLETIN,
Tuesday Evening. June 20, 1870.

The market to-day exhibited no new fea-
ture. With the exception OF one or Two
banks, the business in discounts was limited,
while on the street prime commercial paper
was in very light supply. .a
Foreign Exchange was shade higher, but
the sales we're light
In Domestic Exchange We noticed fair
movement, at unchanged rates.
In Stocks and Securities the market was
again extremely dull.
Nothing of any moment was reported in
Stocks, and very little WAS done in City and
State Bonds, which ruled at easier rates.
As will appear from the published proceed
ines of the City Council, that. body to-day en-
tertained the bids for the sale of the wharf
revenues, under the ordinance recently passed,
the Injunction against the same having been
dissolved. As q result Of the award made,
the wharf bonds, amounting to 1852, 900, are
to be assumed by the trausferee, to be paid,
principal and interest, in equal lnstallments,
within five years. with other advantages 70
the city, the particulars of which will be found
in another column. p.
The following banks have declared semi
annual dividends: State National, p cent,
PAYABLE on and after first Monday in July
Hibernia National, % cent, payable on and
after second Monday in July; and Garmania
National, u - cent, payable on demand.
We continue to quote first class sixty days
paper and collateral loans at sos per cent.
Der annum. Al do. at 1O@l2, and second
Grade at 1908. First class mortgages still
rule at sale 4p cent per annum, while sec
ond grade are entirely nominal
Cold opened at ia @117ss, against III at
New York, and after limited business
closed at 1l7B@l17s, against the opening
rates in that market The sales Summed up
| s23. 900, embracing 5000 at 1l7s, $4,000 at
1174(1117s. and $4,000 and $4,000 at liza.
! Nothing transpired in Silver. American
half-dollars were still quoted at 1O9@f093,
and Mexican dollars at 94@94t gold.
Under the course of gold at New YORK
sterling advanced Ito u cent. and francs
| /. The sales Of the former were confined te
CISCO bank at STA, and e2oo0 do. for gold q
RE only sales Of francs reported was
.25, 900 sight at 4374. ELL a,8
at the close sterling bills were quoted al
| s. 6S(a)5 So for bill of lading and AL clear
and O65 TAI for bank, and francs at 443s
| for commercial and 4 40 for bank. ~
+ New York sight was less active, and with
! ont ouotable variation. The sales comprised
$4,000, embracing S25, 200 and S25, 600 pr
vate bankers at 9-32 u entapremium, and
| sos. 900 and $50, 900 do at sic. We also no
tlccQ Halc5 VI VAOOVO OOAAAAAOASAssA - - -
dence at 1 9e cent premium. Il. or
The banks continued to check on New
I York at & ~ cent premium, and commercial
| sight was still quoted at --@5-l6 fst
In Stocks something was done in insurance
shares, but nothing else was reported. :,
q Bonds continue dull and were quoted {
K shade lower for New City Currency Sever
/. Par Gents, City Gold Bearing Seven Per Cent
ifand State Consols. The sales included S5O0(
ltCity Gold Bearing Seven Per Cents at 36s
$4,000 State Consolidated Ssvens at SO. ans
.nS5OOO do. at 504.
81 Nothing was reported in City Scrip which
Us still quoted at 5000:
n " apparent movement, and are still quoted
Is Nothing is reported in State Warrants
nd lsues OF 1874 were still quoted at 4O942
6S Ia and previous years, fundable, at 36e937
ct Id do, not fundable. at -ta1So.