The New Orleans bulletin., 1875-12-24
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Thursday Evening, Dec. %, 1873.
ANS CLEARINGHOUSE.

One or two of our principal banks to-day re-
ported fair movement IN business paper, but
generally the demand for discounts was mod
crate. Money continues abundant, and ehgiole
borrowers find no difficulty in obtaining what
they want leaving little or nothing to be done on
the street.
Gold and Foreign Exchange were lower, with
a liberal movement reported in the latter. New
York sight was in good supply and falr demand
at u changed rates. Nothing of Importance was
reported in Stocks. City Bonds continued quiet
and without positive quotations, and New State
Consols were more active at advancing rates.
We continue to quote exceptional paper at -
M9 IA cent per annum discount, Al do at l0QDll,
and second grade at l5@18 First-class mortgages
still rule at 9@l0 Il cent per annum;
second grade continue entirely nominal.
Gold opened at 1131s@ll3}s. against ll359 at
New York, and after fair business, closed at
112aiMl13 &c lower than yesterday against
49, in THAI market, where it touched ll2ts
dnrine the interim. The sales summed up
$50 900, embracing $4,000 at 1l2Ha, $4,000 at
i125. $4,000 at 1929 $4,000 at11z5, sl4 900 at 1929
oils, s3OOO $4,000 and $1,000 at lib, and $1,000 and
In In Silver We noticed sale of $4,000 in American
half dollars at 109a4. The market was still
quoted at OS%@lO91a for American half dollars
and 95 gold for Mexican dollars.
Under the decline in gold at New York sterlinS
fell off 8 cent, or about 410 y cent for sterling
and Il u cent for francs. The movement In
The sales Of the former comprised 1850,
embracing $4,000 bill of lading an and ! u t3Uoo Al
clear at 5421s, 100000 and f27 900 bill OF la1lng
at 54l1505.43, $40, 600 do at 5.42G5.43Ia, tl0oO
bank at the counter at 5.4711a, and G5OO do at
54S.
The sales of francs comprised 6250OO CONNER
cial. embracing 900 and 100 coo al 20, 10000,
| lOO, 900 and 2O0,0O at 4.65Wi.63@4, and lZoooO
At the close sterling bills were quoted at
5411s015 421a for bill OF ladlnS and Al clear,
and -@5.46T for bank (bank counter n rate at q
$40, and francs at 4 65D463@4 1or coilnier'
cial and nominal for bank.
| The offerings of New York sight were OF quite
liberal extent, but, being met by a good demand
rates were unchanged. The sales comprlseG gee
1872 900. embracing SIS, 900, $4,000 and s20,00(
commercial. $4,000 and 10000 private bank
ers'. $50, 900 do and bank, and $50, 900 and so,
600 bank at 7-16; $4,000 and 50 ,OO0 private
bankers at 1882, and S32, 900 commercial at %.
The banks continued to check on New YORK al
/ a ~ cent discount, and commercial slSnt wal
still quoted at 7-l6.
The only sale Of Stocks reported were share
New Orleans City Railroad Company, ex,divldend
at 1926 50, and 15 Union National Bank, at tn
Stock Exchange, at 3d.
Civ Rnnds were quiet and no sales were re
ported on which to base quotations.
''' New State Consols were more IN request, an
fnlv 81 43 cent higher, the market being quote
at the close at @56, against st. 55g55 yeste1
dav. The sales included $40 ,0OO at oo1a, s4o,oo
at $50, and $4,000 and $4,000 at 81.
No sales Of City Scrip were reported. 1t wa
i. still quoted at 47@46 for August to December
Time and July to Dee9mDeT d. MnH III i''4' an
Nothing transpired in Metropolitan Police Wal
rants. They now rule at -G188 for 1874 issues
at -dg7O for 1928, while 1912 and 1869 cor
tinue entirely nominal.
State Warrants are apparently without move
/ ment. fuudable were still quoted at 4lyi:
not fIlndable at q, and at 4O0i5 for lo'
iasueS.