The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-13
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN, I,
Saturday Evening, Feb. II, 1876.
February IL illegal holiday Abraham Lincoln'a
birthday.
NEW ORLEANS CLEARINGHOUSE.
Olear7nKs. Balances

Oleanngs. Balances
Same time last week .$2,0l6, 296 50 354,s5o 07
Total last week. :. II, So, 352 "a 1,37l,OlS 81
Total week before. III, 1856, JOG 81 1,O3O,S64 u
To-day being State holiday Presidents Lin
cOln's birthday the Stock Exchange, banks and
most OF the public Offices were closed, and the
financial movement was restricted ia conse-
quence The money market continued dull. with
| very little doing in commercial paper. The sales
| OF gold were limited, and Of Foreign Exchange
moderate; but both closed stronger, although
| without q quotable advance. Nothing was re-
ported in Domestic Exchange. Stocks, on The
contrary, were active and firm, and large BUSH
ness was done in City Bonds, deliverable ON
! Monday, at a marked advance. Nothing trans
pired is State Consols, which were quoted at the
close little off from yesterdays figures.
We continue to quote exceptional paper at
| aud second grade nominal First class mort.
cages rule as % cent per annum, while second
grade continues entirely nominal.
Gold opened at 112Z@l13, against lib al
New York, and aftera limited business, closed al
he opening rates in both markets. The sales
were confined to $1,000, embracing $1,000 at 11254
slu0O and $4,000 at lib, $1,000 1881 aud s10OU at
1871.
No sales of Silver we're reported. American
half dollars were still quoted at 105@lO6, and
both new and old Mexicans dollars at 81, gold.
The movement in Foreign Exchange WAS mod
crate and the m arket little stronger, but with
out quotable variation. The sales Of sterling
amounted to f5O,5o0, embracing fl2,00O bill OF
lading and Al clear at SAG, f3500 bill of lading
at 5.451aa05.461, and f35, QUO do and Al clear a.
$4,000. 46H
The sales Of francs comprised 265, 900 CONNER
cial, embracing 10000, $4,000 and $4,000 at
1905.
At the close sterling bills were quoted at
5.451a@5.461 for bill Of lading and Al clear, and
at -Qg5.491a for bank (bank counter rate entirely
nominal, the banks being closed,) and francs at
46O5S for commercial and nominal for bank.
The banks being closed nothing transpired in
New York sight worthy of notice.
Yesterday at the close the banks checked on
New York at "a per cent premium, and CONNER
cial sight was quoted at 1-16.
The movement in Stocks was OF fair extent, but
the only sales reported were = shares Sun Mu
tual Insurance Company ut $50 so, and at auction
by Messrs. Selle 4 Malochee, 20 shares Carroll
ton Railroad at sS7 Is, 20 do at $s7 SO, 10 do at
S88, and 10 Crescent City Slau2hter-HOusc Com
pany at SO so; also, 200 Crescent City Slaughter
House Company. yesterday, not before reported,
at $l2. We also noticed sale OF 6, 8 and IL
months Louisiana Levee Company Notes at SIC.
City Bonds were active and higher, closing at
a material advance over yesterdays weekly
closing quotations Of the Stock Exchange rates.
Premium Issues closed at 3511a@86, Old Cur
rency Sevens at 333403411la. new do. at $500
35H, and Gold Bearing Sevens, both administra-
ton aud Drainage Series, at 3511aa036. The sales
OF City Bonds amounted to $4,000, the trans
actions in the different issues being as follows:
s43 600 Premium issues, embracing $4,000 and
5000 at 35, $4,000 at 351, $4,000 at 35&, $1,000 at
3554, $4,000 and $4,000 a. SO, $4,000 at 3614 and
s4UUO at 361aa; $4,000 Old Currency Seven Per
Gents, embracing $l0,0 900 at 331, $40 900 and $lO
600 at 341a, and $40. 0OG at 345 s33 900 New Cnr-
rency Seven Per Gents, embracing $4,000 at 81,
sl5, 900 at 35I, and $4,000 and s10O goo at 3511aa
$50, Seyen-1hirty improvements, and $4,000 Ten
Per Cents at 341a and SIS, 900 Carrollton issues
with May coupon on, at 321s.
The attention of operators being apparently
entirely directed to the movement in City Bonds,
State Consols were neglected and drooping
nearly up to the close, when, some inquiry
springing up and 67114 @67ss being bid, the mar
ket was generally quoted at about 67140671aa
Not single transaction, however, was re-
ported.
No sales of City Scrip, Metropolitan Police
Warrants or State Warrants were reported.
City Scrip was still quoted ut 41@4l1 for Au-
gust to December, 1873, and July to December,
1874, tune, and 4s@5O for June and part Of May,
1874.
Metropoli an Police Warrants continued to rule
at 5000 for 1872 8. and for 1874 issues, and
entirely nominal for 1869 and 1912.
State Warrants were still held at 47149 for
fundab ., at -@-for not fundsble, at 35t@I0 Tor
1874 and 4aGt5 Cox ls75.