The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-10
MONETARY.
NEW ORLEANS BULLE TIN OFFICE.
Tuesday Evening, Nov. 8, 1875.
new ORLEANS CLEARINGHOUSE.

| The offerings for discounts were reported fair
at most Of the banks, and on the street the de-
mand for Money was steady, with no change in
| rates for commercial paper.
Limited sales of Gold were reported, with a
continued scarcity in the supply Of cash gold,
| We noticed a fair movement in Foreign Ex-
| change with slight advance in sterling, while
New York sight was in better demand at sitter
| rates.
| There was more animation in Stocks and Sc
curities, as will appear from the details below.
We notice comp aratively liberal movement in
City Premium Bonds. and some sale OF New State
Consols, both at slight decline.
| We continue to quote collateral loans and first
class commercial signatures t-0l q cent per
| month, Al do at 1914, and second grade at
l%04-. First class mortgages rule at IL u cent
| per annum second grade are entirely nominal
y Gold opened at 1l43s@l151s, against 1145a at
New YORK. and after limited business closed at
| 151a@1155s ~ higher than YESTERDAY }, against
| 114Is Ia that market. The sales were confined
| to $1,000 emb acing $1,000 at 1l47s, $4,000 and
$1,000 at lis, $1,000 at 1151 1, $4,000 and 5000 at
1852
No sales Of Silver were reported. American
| half dollars were still quoted at 109@110 and
| Mexican dollars at 93G193l1a gold.
| Soon after the opening, and under the decline
in gold at New York. STEERING fell off lac, equal to
| ITO ig cent, and francs u cent, but unoer the
| subsequent advance in gold in that market ster-
ling rallied and was quoted 1c higher than yes
| terday, while francs ruled at previous rates.
| The movement was Of fair extent. The sales
| Of sterli comprised f58,50O, embracing f75OO
bill Of ladlng at 5431aa, f15O0 do, and fl5OO AL
clear at s. A. fl500 bill Of lading at Az. Ell.
| 900 do at 5.440545 $4,000 do at 5.44la095 As,
E2500 do at 545, fl000 bank at 49, and tl0U0 do
at 40.
| The sales Of francs comprised $50 600 CONNER
cia embracing 100000 and 100, 900 at 4.6G44, and
! 100, 900 and 220,00O at 4.655s.
At the close sterling bills were quoted at SAY
M5.451a for bill Of lading and Al clear and nomi-
nal for bank, and francs at 66140G4.65 for com
mercial and nominal for bank.
| The offerings OF New York sight were of lib
| eral extent but meeting with good demand,
commercial was nearly l-16 y cent higher The
| sales amounted to S229,00o, comprising $4,000
commercial and $4,000 and s27, 900 private bank
ers' at 932 " cent discount, $40 600, 1876 900 and
$50, 600 commercial. and $4,000, $4,000 and $780,
| OOJ private bankers at & and $4,000 com-
mercial at 1872.
The banks continued to check on New York at
| u ID cent discount, while commercial sight was
sull quoted at 9-lG01L against 9-l6 yesterday.
We Office more movement in all classes Of
| Securites.
| The sales of Stocks included = shares Mer-
chants Insurance Company and Commercial In
| surance Company, OF which the particulars dill
not transplre, and q Peoples Bank at $50 SO, 5
| Factors a q Traders Insuran Q Company, ex-
dividend, s85, and 35 New Orleans City railroad
Company 1925. Also, at auction, by MI. PA
| eide J. Spear, for account Of succession OF Danl
Landrygan, 5 shares Hioernia Bank at $50 So,
|
sl6O paid on the shares. at 800 for the lot.
The sales Of Bonds comprised $4,000 City
Premium issues. embracing $1,000 and $1,000 at
%, $1,000 aud $1,000 at 2514 5000 at 253s, and
SIC 900 at $4,000 New State Consols at 81 q,
and $1,000 jackson Railroad First Mortgage ls-
sues at s41aa. Also, at the Stock Exchange, $4,000
| City Premium issues at % u, and $4,000 at 25I
We also noticed at the above auction sale Of
$4,000 in Gold Bearing Seven Per Cents, with
coupons on at p.
| Nothing transpired in Metropolitan Police
| Warrants they are still held at RIO.
| State Warrants of 1874 issues are without any
| apparent movement, and are still quoted entirely
nominal, while 1878. fundable and previous
wears still rule at $685. and do not fundable at
-M29.
Onlv few limited transactions were reported in
City Scrip; it is still quoted at 45046 for City
| Notes, half paid coupons. Ordinances OF 1873 and
ordinances Of 1874, from July to December inclu-
sve at 5000 for ordinances Nos. 1852 2697
inclusive. which cover June and part of July,
and at 91095 for ordinances 2630 and 2G3l, which
comprise the latter part Of May.
The following are the quotations OF School
Certificates of 1874: September 7Gm73, October
i0043 November OBS, and December o-0n20
for 1875, June 92994, July SoMSl, August 65G1G7,
September 59@61 and October GIL.
Metropolitan Police Certificates for 1874 are
quoted as follows: October 6O@63, November
r0f3o and December -025. For 1875: Sep
TENDER S8@9O, and October 6597o.
Our Stock list has been revised by the Gem
mittee on Quotations of the Stock Exchange.
SPECIE, BANK NOTES, ETC.
American cold 1i51s 01158
Amar;can silver halfdollars 109 a110
Waxican dollars - gold value. $1,000 SO a 932
E;ra franc nieces " q 90
twenty franc pieces ".-..- 37715 04s0
Sovereigns -----------" ------ -. -
Ten thaler pieces ------" ------ ls0 a -
Spanish doubloons .---." --l530 "a -
Mexican twenty pesos pieces 1925 q =
South American gold per pesos-------- ~ q =
pIussian 20 mares ACKNOWLEDGEMENTS 4bU a zoo
California cold y ct dis
MutiIated American cold 10 y ct dis
| 10 ~