The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-02
MONETARY:

Total week before. 13, 074 357 Il /, 19l, 1856 /
Nothing has transpired in the Money mar
kct that indicates any change worthy of no
ice. The offerings continue of moderate
extent at the banks and limited on the street
and the rates Of commercial paper without
luotable variation.
We continue to quoto tirst-class paper ant
collateral loans for sixty days at Sc, II cen
per annum; Al do at 100, Il, and secont
grade at l3@lsc First-class mortgages now
rule at 94(GlOl Il cent Per annum; but
nothing Is reported IN second Grade on which
TO base quotations.
We notice that the Workingmens Bank has
entered the New Orleans Clearing House
This leaves only one bank (tAe Southern out.
side OF the association.
Gold opened at ll4jN 1iif, against 1142 a!
New York, and after moderate business closed
At the opening rates in both markets. The
sales summed up 80, coo embracing $1,000
at liz, $4,000 at 1Ii5M1li., $1,000 and
clO0oO at la, and $1,000 and $1,000 at II A.
NO sales OF Silver We're reported. Ameri-
can hat-dollars were quoted at lO7(a lO7 J.
while Mexican dollars are quoted at 9G5M97
gold.
Under the influence OF the advance in gold
Mt New ! ork, Sterling was about 10 II cent
higher The movement was Of fair extent
embracing E53, $780, comprising G6000 bill Of
ihuluS anu tlDDU ana tJDUU Al clear at D. OU
s23, 900 bill of lading and ga 600 do and Al
clear at o.50C155D}, $1,000 AL Gle II at ). 5UJ
$500 do at 55l, 5000 bank at ), %, $1,000
do at 5.53i, $1,000 do at ) % and t1OoO do
for gold at So
Francs were also higher. The sales com
prlsed $4,000 commercial, embracing 100,-
900 at ADO and 60 600 and $1,000 at A. ". {.
At the close Sterling bills were quoted at
1.l9lla $50! for bill Of lading and Al clear
and -W5.531 for bank and francs at 4 57lN,g
81 for commercial and 4 533Gl452l Tor
bank.
The offerings continue of liberal extent and
rates are without quot ,b!e variation. The
sales of New York sight covered 500 0O0
embracing S25,e commercial and $40, 900
private bankers at var. S20, 900, S25 600 aud
$4,000 commercial and $50 600, $50, 900
$4,000 and $50, 000 private bankers, at 1-32
r. cent premium, and $40 600 bank at 1-16
We also noticed sale Of $4,000 sixty days
sight on New York at p cent discount.
The banks continued to check on New York
at ! per cent premium and commercial sight
was still quoted at par to l-lG per cent pre-
mium.
In stocks we noticed sales of 10 shares Bank
Of America at $40 so 40 State National Bank
at st}, resold at So; 90, New Orleans Gas
Co. sight at : 1913 and do at Sl2t
The sales Of Bends included $4,000 New
State Consolidated Per Cents at -, $1,000
and 5000 do at ~, and $500 and S24OO do
at SIG, which was about the closing rate
against Is on Saturday. Nothing report
ed in City Gold Bearing Per Gents, which
were quoted at about SIC. We also no
ticed sale of $1,000 United States 5-20's, OF
1866, at 1905.
Nothing transpircd in City Appropriation
Certificates, which were still quoted at about
30 for round amounts, and 40 for small sums
at retail.
Metropolitan Police Warrants continue en-
tirely nominal.
No transactions were reported in State War
rants Old were still quoted at 30Cg31, and
new at 54G4 30.