The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-13
MONETARY:
OFFICE NEW ORLEANS BULLETIN,
Tueeday Evening, Jan. IL. 1851
NV ORLEANS orKARM0.HoUsl.

Thus far this week. So 1888 " 649,Il4 %
Total last week. .... 1O.41s,5n 40 sssoes 4
Total week before 80. 10, SCI .O43 43 776056 80
The following we're to-day elected directors
of the Germania NationalSB Bank: Messers.
Louis Schneider, Jules Cassard, Henry Abra-
ham, j. w. Buhrmann, L. B. Cain, T. Prud-
homme, Il. R. Gogreve, John F. kranz and
l. X. Small
OF the Louisiana National Bank: J. F. D.
Later, Thos. l.. Airey, W. }. Frierson, Iheo,
dore Hellman, Henry G. Miller, Richard
Pritchard and Joseph Il. Oglesby.
OF the Hibernia National Bank: Messrs.
r. Irwin, Emile Gauche, Thomas Gilmore,
John Henderson, Thomas Smith and Edward
A. Yorke.
OF the Mutual National Bank Messrs. P.
Maspero, John T. Hardie, Adolph Meyer, T.
Foufchey, A. w. Bosworth, j. G. Van Wickle,
E. s. Keep, Charles L. Chase and Lloyd Il.
Coleman.
The following of the New Orleans National
Bank: Messrs. A. Baldwin, J. X. Bell, J. T.
Burdeau, j. P. Garvey, A. Chapsky, Charles
Peasants, Charles Chaffe George Martin,
Samuel Delgado, D. c. McCan, S. Katz and
Archie Woods.
We noticed that the Home Insurance Com
pany has declared dividend of five per cent.
We have no new feature to notice in11the
Money market. The offerings continue of
moderate extent at the banks and limited on
the street, and the rates of commercial pa
Der unchanged. We continue to quote first
class paper and collateral loans for sixty days
ct sos p cent per annum, Al do at 10@12,
and second grade at 15@18. Firstclass
mortgAges continue to rule at 1O(1l 79
cent per annum, while nothing is reported
in second class, on which to base quotations.
Gold opened at 1929 112a, against 1923 at
New York, and, after fair business, closed
ut 112as@112ss, against 1928 in that market.
The sales summed up $81, 600, embracing
$12,OOO at 1871, $4,000 and $4,000 at 1923,
O,OO0 at 1122@112s, and $4,000 and $4,000
at 1923.
No sales of Silver were reported. American
half dollars were still quoted at 1O8@1089.
while Mexican dollars now rule at 979973
gold.
Under the influence of the advance in gold
at New York and the improvement in domestic
exchange here commercial Sterling was nearly
40 % cent. higher for commercial, and
fully 2-1O for bank. The movement was OF
fair extent, amounting to e63, 900, comprising
500 do at 5.41@5.43, 912,OOO do at 5.42@
5.43, s25.OOO do at 5.43@5.A, and s1OOO
bank at 5.45.
Francs responded to the same influences
which controlled Sterling, and ruled higher.
The sales comprised $50, 900 commercial en-
brrcing $4,000 at 4.64ss, and 100000 at 1880
4624.
At the close Sterling bills were quoted at
643@5. 49, for bill Of lading and Al clear
and LOS 6 for bank. and francs at 1890
462% for commercial and 45Sa@4.57! tor
bank.
The offerings of Domestic Exchange were
of fair extent, and with good demand rates
were ~ cent higher for the bank checking
rate on New York. and nearly 1-16 for COM
mercial sight. The sales of New York sight
covered 5000, 900, embracing $685. 900 CONNER
cial at 3-16 9p cent discount, $4,000 and
$50, 900 do, and 500, 600 private bankers at
l. and $40, 900 and 5000 commercial and
SIS, 900 and $50, 900 private bankers at 1-16.
We also noticed sales of $40, 600 commercial
on St. Louis, and $50, 900 on Philadelphia at
! ~ cent discount, aud SIC, 600 on Providence
The banks checked on New York at par.
and commercial sight was quoted at s01-16
~ cent discount, against discount yester-
day for the former, and $1,000 for the
latter.
There is scarcely any movement in any
nominal, owing to the unsettled state OF
affairs.
In Stocks we noticed sale of SO shares
New Orleans City Railroad Company at STAT.
Nothing was reported in Bonds.
City Gold-Bearing Seven Per Cents were
still quoted at 35a@36.
Nothing was repor ed in City Appropriation
Certificates or Metropolitan Police Warrants.
They were still quoted at 40@42 for the
former, and 900 for the latter.
In State Warrants we noticed sale of
$500 new at 58l. Old were still quoted at
about "a, while new ruled about So.