The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-03-03
Monetary.
OFFICE N. q. DEMOCRAT.
Thursday Evening. March 2. 1876.

Tho money market continued quiet and UNI
changed. Under the improvement In gold ut
New York. gold and foreign exchange showed a
marked advance, and q fair degree Of activity.
but operations In the latter were not as heavy as
anticipated from the cotton movement The Of
ferings Of New York sight were fair. and the
sales liberal at unchanged rates. Stocks were
without any new feature. A fair business was
done in state consols at a material advance
City securities wereldnusually active. and fiuc-
tuated widely during the day under the inilu-
ence of tho uncertainty of the passage OF the
Premium Bond bill which was again before the
Senate. The report Of the passage OF the. bill
strengthened the pretensions OF holders and the
market closed much higher than yesterday, and
with strong upward tendency
The following were yesterday elected Direct
ors Of the Crescent City Live Stock Landing and
Saughtcrhouse Company: Jos. Hernandez, J.
s. Serrill. Jules Cassard. Robert Mott D. Saloy
and G. j. Nicolson.
We continue to quote exceptional commercial
paper -9s per cent per annum discount: Al do,
SOTO. and second grade nominal First-class
mortgage paper rules 96p1O per cent per annum
second grade continued entirely nominal.
New York, aud after a fair business closed at
1H1l@il4't Csc higher than Yesterday, against
114'u in that market The sales summed up
at 1l4I sl5 600 and $25 900 at 1l4h@114. $4,000 and
$4,000 at 1liss, and $1,000 at 114A.
No sales OF silver were reported; American
Under the improvement in gold at New York.
sterling was &c higher. equal to about 4-l0
1r se a9S Was 81 sr extent sales
sterling comprised G57 900. embracing $4,000 bill
Of lading ut 500 5000 do. at 5sl 5000 do at $50
f9o00 and Ei3ooO do. and bill of ladng at $500
55t $1,000 bank at 556s. and 10000 do sight at $50.
The sales OF francs comprised 10000 CONNER,
cial. embracing 10000 At 4.55cg4.b4'b. 10000 and
5000 at 4.b3&. and IS 900 at =.
At the close sterling bills were quoted at s52's
Dsbs. for bill OF lading and All clear bills, and
--C1B6Sts for bank tbank counter ratio ---G557)
and francs at 4.55@453a Tor commercial. and
The offerings Of New York sight we're fair and
the movement liberal at unchanged rates. The
sales comprised &05 900, embracing $15 900. $50 900
and s25 900 commercial. $4,000 and $4,000 pri-
waite ban kers' and $4,000 bank at par; $4,000
bank AT f-32 per cent premium. We also noticed
sales Of 5000 commercial on Fall River at x per
cent discount, and $4,000 do. on Boston at u.
The banks continue to check on New York at
i per cent premium. and commercial sight was
still quoted at par.
sales reported to-day at the New Orleans Stock
Exchange: SO shares Carrollton Railroad Com
pany at 800 50: 40 shares Louisiana Ice Company
ut $l2 30; 5000 State conOsls at 67 600 do.
al 6s: $50 900 do at 6ss6 $4,000 do at 6s1 $4,000
do. ut 6ss making total of s1O5 600 State con-
soils. $4,000 premium bonds at So; $4,000 do.
at 35e 80 900 do at 354 s15 900 do ut 35'6 $4,000
do. at $50 s3s 900 do. at 35a $4,000 do. at 35's
$4,000 do at 36 s20.OO do. at 36h; $4,000 do. at
36a SIS 900 do at 36ss $40 ZOO do. at 36k, making
a total Of sac, 600 premium bonds s22.0e0 city
gold bonds S., ut 357s ;sl7 900 do at So $4,000 do.
s. s.. at 353 $1,000 city currency sevens (oldl at
So: s3ooodo. new at 1854; 1880 city ten per
cents at 33is.
Stocks were without any new feature to notice
and no sales were reported excepted at the Stock
Exchange.
State consols were in fair request and showed
a marked advance, closing at 683s96sss, against
6714@67s yesterday. The only sales reported
were at the Stock Exchange.
City bonds particularly premium issues,
huctuated widely under the uncertainty Of the
passage Of the premium bond bill, which was
again up before the Senate to-day. At the close
under the report that the bill had passed the
views of buyers and sellers were still further
apart. but the. following may be considered as
the general views in quotations at the close.
which we however give as nominal: Premium
issues 36i& @36%. told1 currency sevens 34s4 935a
new do 35la eS35% collaborating sevens. with
administration and drainage fseres, 36A@3614.
The sales, not reported at the Exchange. com
prised $1,000 premium issues at 351 $4,000 at 35l@
and $4,000 at SO: $4,000 old currency seyens at
IS. $1,000 gold bearing sevens administration
seriesl at 359s. We also noticed sales at auction
by Messrs. Nash q Hodgson of 5000 old dufreh-
cy sevens at IS, 30 half paid city coupons at 40.
and a 100 acre U. s. land warrant at $50.
No sales of city scrip. Metropolitan police
warrants or State warrants were reported.