The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-16
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Tuesday Evening, Feb. H. 1876. 4
uUw 0RIrANa OBSERVATION-DISCLOSURES.
OIearlngs.

We have no new features to notice in the
Money market, which continues dull and easy.
Under the advance at New York, Cod advanced
20 and Foreign Exchange exhibited proper
tomato improvement, sterling ruling nlc
higher, equal to about 1-l0D2-10 u cent. The
movement in Gold was moderate. but Foreign
Exchange was active. The offerings OF New
York sight being liberal, commercial was weaker,
but without any quotable decline. Securities
were less active bur fair business was reported
at the Stock Exchange, where single transac-
tons Of unusual magnitude were contaminated,
and comprised an unusual proportion of its
entire report. Stocks were without any marked
change. City Bonds showed marked falling
off. attributed to the inaction OF the Senate in
the House Premium Bond bill. Under limited
offerings and some inquiry, State Consols were
We learn that the Administrator OF Finance
will rec Give offers to sell to the city twelve Wharf
improvement Bonds until the 2lst at II NJ.
In reference to the decision in the State Supreme
al, Frank Morey intervenor and appellant. we
notice that Justice WHY, in separate opinion,
concurs with respect to the particular bonds OF
the ST. 600 900 loan, held by Morey, but intimates
that the decision extends to none other
We continue to quote exceptional paper at
-@8 IS cent per annum discount, AL do at9@lO,
and secoDd grade nominal. First class mort
cages rule as S9 cent per annum, while second
grade continues entirely nominal.
New York, and after moderate business, closed
at 11311s@1l3sS. (Ac higher than yesterday,
against 1887 IN that market. The sales summed
no $22, 600, embracing $1,000 at 1l24. $1,000 at
lizl, 5000 and $1,000 at 1l31s, and $1,000, 5000
and $500 at 1871.
No sales Of SILVER were reported. American
half dollars were still quoted at 105@106, and
both new and old Mexican dollars at 80 gold.
Under the advance in gold at New York,
sterIing was about 1c, equal to an advance Of
2-lO % cent, and francs nearly a u cent.
The movement was Of hbe al extent. The
sales of sterling amounted to f1O6, OuO, COM
missing f45OO Al clear at 5.45, f25O0 bill OF
iasing at 545L, $4,000 do and fsO10 Al clear at
SAT, 5000 bill Of ladlng at 5:46lego;
fGO0O and f12,OCO do at 5.47@5.471a, $1,000 Al
clear at 5471Ils, 100000 bill OF ladlng at 546HsV
5 As. f10O0 bank at 49, and ffeOO 40 at Dol.
The sales of francs comprised 275, 600 CONNER
cai embracing 80 600, rs, 900 and $50, 900 at AGO.
A. the close sterling bills were quoted at
46iIa5. 471l for bill Of lading and Al clear and
at ~M5.5I for bank (bank counter rate at %
55111 and francs at 460@4.59ss for commercial
and nominal for bank. ,
Under liberal offerings commercial slgnt on
New York was weaker, but without quotaole
variation. The sales comprised S342, 0ot en-
hracng s25. 900 commercial and $40 OOo and W.
0a0 nr;vste bankers at 1872 S8 cent premium;
ar mn si0 GOO and $50 900 private bankers. and
son 0O0 $4,000. $4,000, $4,000 and $50 600 bank
~ liz and Sos 600 private bankers at 49,.
We aiso noticed sales Of SIC, 600 commercial SIXTY
days' sieht on New York at 1ss y cent DIS
count, and SIC, 900 commercial on providence
The banks continued to check on New York a.
/ X y cent premium, and commt rclal slent was
sill quoted at 9.-46.