The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-08
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Friday Evening, Jan. Z, 1876.

The market continues quiet, and'notwithstand-
ing the large amount OF paper falling due on the
Sd and 4th, Money has ruled easy throughout the
week. The banxs for the most part report fair
discount demand, while on the street the inquiry
for Money is slack. First class collateral loans
are scarce, and we learn Of transactions at "
cent on such securities. Foreign and Domestic
Exchange are in fair supply; the former was
Quoted higher to-day under the advance in Gold.
Stocks show but little animation; only few
sales are reported to-day. Operations IN City
Bonds appear to have been suspended. The
case of the Southern Bank vs.. the Cliy and the
Louisiana National Bank came up to-day in
Judge Hawkns's Court. We learn that the argu-
ment is set down for Tuesday
New State Consolr, which have been active and
strong for some days. were reported at the close
to-day fraction lower than Yesterday. Io,m .
row being legal holiday the banks and the
Stock Excange will be closed.
We continue to quote exceptional paper at -
as % cent per annum discount, AL do at lO0ll,
and second grade at l5D1S. First-class mort
cages still rule at 90lO u cent per annum;
second grade continue entirely nominal.
Gold opened at 1125.@l127s. against 112s4 at
New York and after moderate business, closed
at 11234@113, against 1l21 in that market. The
sales summed up $4,000, embracing $4,000 at
$4,000 at 11277s@1l3, and $1,000, $1,000 and $1,000
at 113.
No sales of Silver we're reported. American
half dollars are now quoted at l06WlO6S, and
Mexican dollars 9s1a@-, gold.
Under the advance in gold at New "
York. sterling was quoted lie, or 2-lC
| u cent higher for commercial sterling, and
x II cent for francs. The movement in both
was Of liberal extent. The sales Of the former
comprised fl13,70O, embracing f25O0O bill Of
ladlng at $685. $1,000 Al clear at $40, fl2, 900 do
and bill Of ladng at 54085. 4O3+ ,0u0 bill of
lading at 1885, 4O1l, f32 900 bill Of ladng at
1905 4O1s, f4O,O 600 do at 5.39lag5.41, $4,000 do
at 4O1sil5.4 Al, s10O0 Al clear sight at 545,
| f12OO bank at 5 A, and $1,000 do sight at 5.4S.
| The sales of francs comprised 100000 COM
mercial, embrs cling $4,000 at 1865, 1000 and
| 100, 900 at 1926 10000 at 465W.63s4 and To-
| 600 at 4. 63s4.
| At the close sterling bills were quoted at
s $1,000 4O% for bill of ladlng and Al clear, and
I-M5H for bank (bank counter rate -G5 44La
and francs at 4.65@4 643s tor commercial and
nominal for bank.
The offerings of New York sight were of fair
| extent and met good demand at previous rates.
The sales comprised s257 900, embracing sl2,OC0
commercial at "a b mt discount, s15,O00 and
5000 do, $4,000, $4,000 and $4,000 prlva'e
bankers, and So, 900 bank at TIC, and 80, y
| hank at 1892 We also noticed sales OF SIT, OoO
| Commercial on Providence at GIG Il cent. dis
| count. W, :.
The banks continued to check on New York at
| u y cent discount, and commercial sleht was
| stlll quoted at ZIG.
The saes Of Stocks included 10 shares Hiber.
MIA National Bank at $50, rs Germania National
Bank at sl9, and Is old New Orleans Gas Ligh,
Company at 1924. ~,
CITY Bonds were quiet and unchanged. The
| only sale reported was 81 % Premium Issues q,
243I at the Stock Exchange.
! New State Consols were less in demand ano
quoted about n y cent io"ey. lhe -ales .0ci'i1eo