The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-27
EIN ANCIAL.
OFFICE NEW OH Fans BULLETIN, !
Wednesday Evening, Jan. 26, 1876. I

The Money market continues qujpt and I'M
changed. AT the banks to day the discount de.
mand was limited, and nothing was doing IN com
| mercial paper on the street. 4 liberal movement
was reported in Foreign Exchange, and d good
demand and higher rates brought out fair sup
| ply Of New Yof k sight.
| In Stocks the investment domsn I'd continues to
improve. The market was active to-day ana
considerable movement was reported. CITY
Bonds were more in request, and liberal transac-
tons showed all advance III both Premium and
Gold Bonds. New State Con-ols were less in de-
mand and u cent lower.
We have 10 change to notice in tho Money
market, and therefore continue to quote: Excep-
tIOnai paper at Slg9 u cent per annum discount,
Al do at t00-, and second grade at 12Wle.
First-class mortgages still rule at 98iO u cent
per annum second grade continues entirely
nominal.
Gold opened at 112a40l13. against 1922. at
New York, and after fair business closed at
1127s@ll31s against the opening rates IN that
market. The sales summed 10 $4,000, en-
bracing $1,000 at 1l27s $1,000 at liz 15-16, and
$4,000, SIS, 600 and $2j, 900 at 113.
No sales Of Silver were reported. American
half dollars s i'll quoted at lO50lo6,
against 1869 461l064 yesterday, while Mexican
dollars, under advicus from England, making
distinction bet.ee new and old, low rule a 92144
gold for the former, and 1914 gold Tor the latter.
Under the decline III god at Now York. and
notwithstanding The stiffness i'll Exchange on
thai market, sterling and francs were quoted a
liberal extent The sales comprised fG3,7OO, en-
bracing $500 bill Of lading az Al, fl500 DO at
5.42, $50 at 5.421aa, 10000 do at 42GG54}
f30G0. $4,000 and tt5,UUO do at 5.4211aaGI5i3 and
fl200 bank at SAC.
The sales of francs amounted to 100000 COM
mercial. embrs cling 30 900 and $4,000 at 63a4,
100. C0J at 4.6314 10000 at 1895, 10000 at
4 G334@462a, $4,000 at 4.s214 ana $4,000 at =.
At the close sterling bills quoted at 542
015.43 for bill of lading and AL clear, and @
SAC for baok (bank counter rate do 1919, and
francs at 4.63$4 ga 621a for commercial ana NOM
inal for bank.
The offer ngs of New York sight were OF fair
extent. bat meeting good demand, commercial
was nearly 116 u cent higher. The sales
comprised s227, 000, embracing $4,000 and sI0,-
600 commercial, ami So GOO private bankers at %
u cent discount $4,000 commercial S2),OGO SD
00O S25 900 and $40 900 private bankers at II 80
$4,000 ana s25 600 do, and SIS 900 bank at 5.l6
and S25 OF 0 bark at 9-32.
The banks continued to check on New York
at u II cent discount while commercial sight
was quoted at 16, against 2sGG5-16 Yesterday,
There was an active movement III stocks. The
sales included 1910 shares Louisiana Levee Com
pany, preferred, at 60 days, buyers option, at
81 Is, Is New Orleans Insurance Association,
ex-dividend, at sci l21aa, AZ do, ex-divident, at
sci rs, 62 Orleans insurance Company at So, i
Merchants Insurance Company at 500 So = Car
rollton Railroad Company at sS1 80, IL sun Nu-
tual Insurance Company at s95 80, 50 (pewl New
Orleans Gas Light Company tSl26 and 100 todd
DO at Slol JU, also, dU tDe SluCh EACuhuSc, ~
Merchants Insurance Company at $50 so, IL Mer
chants and Traders Insurance Company at 40,
and Is (old) New Orleans Gas Light Company at
1929 so
City Bonds were mere in request and u "
cent higher for Premium Issues, which were
quoted at 81 u at the close, against 81 yesteIda
Old and New Currency Seven Per Cents were also
respectively l0ll1a u cent higher, and Gold Bear
ing Seven Per Cents u cent, the former ruling at
-MS2sL and the latter at $685.. The sales
comprised s24 900 Premium Issues, embracing
$1,000 at 800, $4,000 $4,000 and $4,000 at 81;
$4,000 New Currency Seven Per Cents embracing
$1,000 at 81 and $4,000 at 80; and sllo000 City
Gold Bearing Seven Per Cents, embracing $1,000
(Drainage) at 80 $1,000 do at 80 $4,000 do at
32h, $1,000 and $1,000, round lot at 80, and
$50 900 and $685. 900 do al 1914.
Also at the stock Exchange, $4,000 Premium
Issues at 81 and 5000 New Currency Seven Per
Cents at 81 d.
We also noticed sales outside of $4,000 and
$40, 900 Jackson Railroad FIRST Mortgage issues |
at S61a, and $4,000 at 81.
New state Consols we're less in demand, and
about III cent lower, being quoted at the close |
at 671a@6s against Gol1a@69 yesterday. The
sales comprised s5l 900, embracing SO 900 at
671l $4,000 and $1,000 at 6S, 1000 at $50, and
$40, 900 at 6S5s.
No sales Of City Scrip were reported. Time is |
now quoted at 440145 for August TO December, |
1873 and July to December 1874, and 49QS5l for |
June and part Of May, 1874.
Nothing transpired in Metropolitan Police War
rants They now rule at 9l11aa0g921I for 1872 70 |
and 1873 "a issues but continue entirely nomi- |
nal for 1860 and 1S7!-72.
Fundable are now quoted a. 460f Is, not iundable |
at-@-, and 1874 issues at 35ls40.