The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-16
MONETARY.
OFFICE NEW ORLEANS BULLETIN,
Monday Evening, Nov. Is, 1875.
Hrw 0RrrANa OBSERVATION-DISCLOSURES.
NEW ORLEANS CLEARING

CearnRs. Balsnces.
November 49, w 81, 7l3,204 O5 1921, 1923 80
November Is. ...... 2,l72 100 OF 233, O6S 81
Thus far this week 1856, 1884 II 454 1892 u
same time last week. 4,061,625 IA 5l6,62S SO
Total last week. IL, l22, 314 60 1,225 O63 OIL
Total week before. 9,S03, lis IS 954, 1923 20
We have no mate rial change TO notice in the
fair demand for discounts was reported by the
banks, which generally absorbed all the eligible
short paper offered. On the street the inquiry
for money was reported moderate, without change
in quotations for commercial paper.
The local demand for cash Gold, and its con-
tinued scarcity, maintained the price above the
selling rates at New York.
Foreign and Domestic Exchange were in fair
supply, and under good demand far move
n ent was reported IN both.
Only q few transactions were effected in Stocks
and Securities, which were without material
change, with the exception Of better inquiry for
City Premium Bonds, attended by slight ad-
vance.
We continue to quote collateral loans and first
class commercial signatures at 10@12 u cent per
annum discount; Al do at 1@1I w cent per
month, and second grade at 30. First.class
mortgages continue to rule at 10 f3 cent per
Gold opened at l151s @1i53s, against 114a4 at
New York. and after moderate business, closed
at 1l5@l154 1.-THE same as on Saturday,,
against ll4la in that ma ket The sales sum
med up $2S 0U0, embracing $1,000 at 114l1a, $1,000
at l144 $4,000 at lis, and 50 co. $4,000 and $4,000
at 1855.
No sales of Silver were reported. American
half dollars are still quoted at 109@11O, and
Mexican dollars at 930l93Ha gold.
Under the advance in bills at New York, ster-
ling was quoted 1c higher, and francs z y cent.
The movement in both was OF fair extent The
Gales of sterling comprised f54 0G0, embracing
$4,000 AL clear at 5.451s, f1500 do at SAC, $4,000,
els 900 and 100000 do and bill Of lading at 5.46
G5461s, f2500 and $500 bill OF lading at 5.46Ia,
and $4,000 bank at so.
The movement in francs was liberal, amounting
to $50 600 commercial, comprising $4,000, CO., 90
and 200 900 at 46334, 10000 at 1885, and ESQ.,
geo at 1921.
We also noticed q sale OF 81 000 German marks
at 1867
At the close sterling bills were quoted at 545%
@5.4Gla for bill Of ladlng and AL clear, and nomi
nal for bank, and francs at 4.6354 for commercial
and nominal for bank.
The offerings of New York sight were of fair
extent and met good demand at little higher
rate for commercial, The sales covered s247 900,
embracing s20,0U0 and $4,000 commercial at
Il cent discount; SIS, 900 and 5000 commercial
and $40, 900, $40, 900 and $4,000 private bankers
at 1882; $4,000 and $4,000 commercial, and
$7OO6 $40 O00 800 000 and $50 900 private bankers
at TIC, and $35 900 of the latter at 7-16073s.
We also noticed sale Of $4,000 commercial on
Providence at GIG u cent discount.
The banks continued to cheek on New York at
u % cent discount, while commercial sight was
quoted at 7-1601}s, against 1a07-16 on Saturday.
The sales of Stocks included Workingmen's
Bank at SO % and 10 New Orleans City Railroad
at $123.
In Bonds we noticed more movement in City
Premium Issues, which were quoted at the close
at about 1854, against 2514 on Saturday. The
sales inc udel $4,000 and $1,000 at 25Ia, 10000 at
25a4, $1,000 at 257s, and 1920 at 1854. Ne sales
of other bonds were reported. Other City Issues
and New State Consols were quiet and I'M
changed.
Warrants; they are i'll held at Pa.
State Warrants of 1874 issues continue entirely
nominal, and 1878 and previous years, fundable,
are still quoted at 35@36, and do, not fundable,
at-0l29.