The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-02-13
Monetary.
OFFICE N. o. DEMOCRAT, I
Saturday Evening. Feb. IL. 1876. !
NEW ORLEANS CLEARING HOUSE.

Clearings. Balances.
February IL legal Holiday. Abraham Lincoln's
Birthday
Same time last week. 81 ,o16.29G 30 1854, $50 Of
Total last week a.. ia, 53o,352 ~ 1871 .ns 3.
Total week before 10 .38s. log "a 1880. s64 u
To-day being u State holiday president Lin
coins birthday the Stock Exchange. banks and
most Of the public Offices were closed and the
financial movement was restricted in eonse-
auence. The money market continues dnl
with very little doing in commercial paper. The
sales Of gold were limited and Of foreign ex-
change moderate. but both closed stronger. al
though without u du0table advance. Nothing
was reported in domestic exchange Stocks, on
the contrary. were active and firm. and large
Monday. at u marked advance. Nothing trans
pired in State consos which were quoted at the
close little off from Yesterdays figures.
We continue 10 quote exceptional paper Mt 8@
9 per cent per annum discount; Al do at 90o1o
and second Crude at 1908. First-class mort
cages still rule at 9@lo per cent per annum
second grade continues entirely nominal
Gold opened ut 1124@113 against 11s at New
York. and after q limited business. closed at the
opening rates in both markets. The sales
were confined to $1,000. embracing $1,000 at 1l2a
$1,000 and $4,000 at 113. $1,000 at 1l3]s and $1,000 al
113a.
No sales of silver were reported. American
half dollars were still quoted at lo5MI0G and
both new and old Mexican dollars at 90 gold.
The movement In foreign r., exchange vas mo me,
out auotable variation, The sales Of sterling
amounted to ESQ 500 embracing f12Ooo bill Of lad
Ing and Al clear at 5l6 E35O0 bill Of adng mt 545
@5461a. and fa5.ooo do. and Al clear at 5isg
The sales of francs comprised 2e5, 900 CONNER
cial embracing 5000. so 900 and 175,oO0 at 460s.
At the close sterling bills were quoted at 5451z dy
54s'i for bill Of lading and Al clear, and @5a9ls
for bank (bank counter rates entirely nominal
the banks being closed) and francs at 1905 for
The banks being closed nothing TRANSFERRED In
New York sight worthy of notice
y Yesterday, ct the close, the banks checked on
New York ut Il per cent premium and CONNER
cia sight was quoted at 1-l6.
The movement in stocks was of fair extent,
but the only. sales reported were = shares Sun
Insurance Company at 800 80, and at auction. by
Messrs. Sele IL Malochee, 30 shares Carrolton
Railroad at SGT rs, 20 do. at ss7 So 10 do at $685.
and 10 Crescent City Slaughterhouse Company
Company yesterday not before reported at sI2
We also noticed a sale Of six. nine and twelve
City bonds were active and higher closing at q
material advance over yesterdays weekly closing
quotations Of the Stock Exchange. Premium
s3sd@e34]s. new do at 35l ie35s. and god-b bear
ing sevens, both administration and drainage
series. at 351a@36. The sales Of city bonds
different issues being as follows: $4,000 pre-
MUM issues, embracing 5000 and 5000 at IS ;
$1,000 at 354 5000 at $3.50; 5000 at 35A 5000 and
5000 at 3s; $1,000 at 36A. and $1,000 at 49, $4,000
old currency sevens, embracing $40 900 ut al :
$4,000 and 10000 at 34a. and $4,000 at a4s4 .
sm new currency sexsas edhbs s,o 5000 at
5000 seven-thirty improvements and $1,000 ten
per cents at s41s. and $4,000 Carrollton issues,
with May next coupon on, at 323s.
The attention Of operators being apparently
entirely directed to the movement In city bonds
State consols were neglected and dropping near
ly up TO the close, when some inquiry sprin1inv
up and 81 1a@672f being bid the market was gem
orally quoted at about 81 1a@671s: not q single
transaction. however, was reported
No sales Of city scrip. Metropolitan Police war
rants or State warrants we're reported.
City scrip was still quoted ut 41g4ia for August
to December 1873. and July to December, 1874.
time, and 1860 for June and part Of May. 1874.
Metropolitan Palice warrants continued to
rule at $1,000 Tor 1928 and 1884 Issues and en-
tirely nominal for 1862 and 1912.
State warrants we're still held at 1903 for
fundable. at @ for not fundable at $500 for
1874 Issues, and 1906 for 1875.