The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-08

August 1............ So5O,o5o 10 SloU,olz o.
Same time last week 447,O58 10 7s,OsS 80
Total last week. 1901 251 70 549, $40 ID
Total week before. =. $685. 74 SO 510,149 81
The improvement in the demand for Money
heretofore noticed appears to have become
mere general. To-day most of the banks re-
port fir of, rings for discount, and the vol
ume of business is evidently on the increase
On the street the inquiry is chiefly for the ac-
commodation of the planting interest. The
rates of commercial paper and collateral loans
are quoted firm, but without any quotable adj
vance. We notice scarcely any movement in
Foreign or Domestic Exchange.
Transactions in Stocks were confined to an
auction sale of which the particulars are given
below. City Bonds were dull and New State
Consols stagnant at about previous quotations.
The Funding Board adjourned to-day to
meet on the second Wednesday in September,
unless sooner called together by the Governor.
We learn that in response to the telegram
from Messrs. Kennedy Il Co., of New York,
proposing to send an agent on last Tuesday,
to fund some $500, 900 of State Bonds in their
possession, the Governor had telegraphed a
statement of the issues fundable, with the
announcement that the board would adjourn
to-day. Nothing further had been heard from
these gentlemen up to the time of adjourn
ment.
We continue to quote first-class CONNER
cial paper and collateral loans at 8@9 79 cent
per annum discount, AL do at 10@12, and
second grade at 15@l8. First.class mortgages
rule at 500 p cent per annum, while second
grade are entirely nominal
Gold opened at 1134@l134, against 113b al
New York, and, after limited business,
closed at the opening rates, against ll3s in
that market. The sales were confined to $50
600, comprising $4,000 at 1888. $4,000 at 113s,
$4,000 at 1890 134, $4,000 at 113a, and $4,000
at 113a.
No sales of Silver were reported. Owing to
the advance in gold at New York, American
half dollars are now quoted at 105@1c6,
and Mexican dollars at 94@944, gold.
Foreign Exchange was without any quota
BILE variation, and the movement quite
limited.
The only sales of Sterling reported were
e25OO bill of lading at 4S, $1,000 AL clear
at 81, and s12OO bank at IS.
Nothing transpired in francs.
At the close sterling bills were quoted
at 5.50@5 81 for bill of lading and AL clear,
and -@5.5 5 for bank, and francs at 4. 60 for
commercial, and 4 56t@455 for bank.
The only sale of Stocks reported were the
following; at auction, by Mr.. @. E. Girardey
IS shares st. Charles Street Railroad Compa-
ny at $75 25, and Is do at $76. The Calca-
sieu Sulphur Mining Company shares were
Withdrawn.
City Ronds continue weak and nominal.
The only sale reported was $4,000 old City
Consolidated Six Per Cents at 46&.
No transactions were reported in New State
Consolidated Seven Per Cents. They were
still quoted at about 52@524.
Nothing transpired in Metropolitan Police
Warrants. They continue to rule at 65@6S.
No sales of State Warrants were reported.
Issues of 1874 were still quoted at 40@45
1873 and previous years, fundable, at 35@36,
and do, not fundable, at -G29.