The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-06

The Money market continues quiet an,
easy, with moderate demand for discount
at the banks and limited offerings on tn
street. The demand for money this seaso,
has been much more limited than usual, ant
is attributed to the lack of the ordinarily &C
tive and healthy movement in almost ever,
class of business, except cotton, restrict
ing the supply of business paper anC
diminishing the need Of financial facilities
In commercial paper we notice good inquir,
for frst-class signatures and collaterals
which are scarce. We continue to quote:
We continue to quote irst-class paper and
collateral loans for 60 days at S@9 p cent
per annum; AL do at 1O@12, and second grade
at 15@1Sc. First-class mortgages are in.
quired for at 9Cg10 p cent per annum, but il
is extremely difficult to negotiate any others
Gold opened at 114!@1145, against
1143 at New York, and after fair business,
closed at the opening rates in both markets,
touching l14s during the interim at New
York.
The sales summed up $4,000, embracing
$4,000 at 1144, s25, 200 at 114!@114s. $4,000
at 114s and $4,000 at 114i.
No sales of Silver were reported. American
half dollars are now quoted at 1904 @1O74
Under the influence Of the declining ten
dency in gold and the falling off in bills at
New York, commercial Sterling was 2-10 IL
cent lower, while bank was unchanged. The
movement was of fair extent, amounting
to G67, 500, comprising 10000 bill of lading
and AL clear at 5.4S3G9549!, G1G,O00 bill OF
lading at 5.491@5 so, e1OOO and s150O do. at
$780, e4OOO do. at 5.5OI, G34, 900 do. at 55O@
551, $4,000 bank at 5. 53I. $4,000 do at 5. 81,
and $1,000 do. sight at 5.57.
The only sale of Francs reported was 100,-
600 commercial at 456i.
At the close Sterling bills were quoted at
5.49@5 so for bill of lading and AL clear, and
-@5 53a for bank, and francs at 4.57I for
commercial and 4. 52a for bank.
The offerings of Domestic Exchange were
of fair extent and Notwithstanding q good
demand, commercial was shade easier but
without quotable variation. The sales of
New York sight covered 1851, 900, embracing
$1,000, S25, 900 and 100000 commercial, $780,
600, $4,000 and 500, 900 private bankers, and
s25, 900 bank at / y cent discount. We also
noticed sale Of $4,000; commercial on
Providence at ! p cent discount.
The banks continue to check on New York
at p cent discount. while commercial sight
was quoted at I against 40 yesterday.
There has been less doing in Stocks and
Bonds this week. In the former we noticed
to-day general inquiry for Louisiana Levee,
the sales of which included $50 shares pre-
ferred, at So 25, 100 and $50 at 50 so, and
500 and 100 at 81.
The only sale reported in Bonds was $4,000
City Gold Bearing Seven Per Cents early, at
37b. The market closed at about 36s. New
State Consolidated Seven Per Cent Bonds
we're quoted at about II.
No sales of City Appropriation Certificates
we're reported; they were quoted nominal at
'5@36
Nothing transpired in Metropolitan Police
Warrants; they were quoted about 65@66.
No transactions were reported in State War
ants Old were still quoted at about 26 and
lew at about 81
The following are the quotations of
TINE CERTIFICATES OF 1873: