The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-16


The above statement shows considerable IN
crease in currency and deposits. aud slight
falling off in loans, compared with last week.
The Money market continues quiet ana easy.
The demand is light both in bank and on the
street. Good commercial paper IS easily placed
at our inside quotations. We hear OF some
transactions in irst-cass collateral loans at q
cent per aunum. fair movement was reported
to. day in Foreign and Domestic EXchange-the
latter ruling at an advance under an increased
demand.
La Stocks the improvement in the investment
demand continued and good inquiry was re-
ported for favorite shares City Bonds and New
state Consols made another advance. The
movement in the latter WAS unusually large In
fact, the largest Of the season; and. under
strong demand aud reported heavy orders from
the North, they were quoted several points
higher than yesterday.
At the City II Ill the drawing for the dis rlbu-
ton OF premiums among the holders OF drawn
Premium Bonds took place to-day, as previously
advertised. The sum distributed Was $50, GOO,
and the numbers OF premiums ll76, quo beng
the highest premium.
-M9 b cent per annum discount, Al do at 700
IL. and second grade at 15018. flrst-class
mortgages still rule at 9GloIFs cent per an
mum; second grade continue entirely nominal.
Gold opened at 1929 0lll3. against lib at New
York. and after moderate business closed at
the opening rates in both markets, touching 1875
during the interim. The sales summed W s32 900,
embracing $1,000 and $4,000 at 1l21s, $4,000 at
112zsMl13, $4,000 at Is, $1,000, $1,000, and. $1,000
| at ll315, and 5000 at 1917.
No sales of Silver were reported American
half dollars still quoted at 1OGfGlOG1s, and
Mexican dollars at 9311 10, gold.
Foreign Exchange was little stronger, and
the movement was of fair extent. The sales Of
sterling comprised f705oO embracing f4oOo bill
of lading and fl5OO and $1,000 AL clear at 5.42,
$4,000 bill of lading at 5.411aN15 42l4, t40oo DO.
at 5 4214, 5000 do at 5.4l95421aa, f26, 600 do
| and AL clear at Sal o42a, ana tlZ,ooo Dill
of lading at 5.42laa.
The sales of francs comprised 100000 COM
mercial, embracing 60 900 and $50, O0O at 1888 %
4 62l. 100000 at 1929, and $4,000 at =:
541@5.42 for bill Of lading and AL clear, and
at -015 45l afor bank (bank counter rate -(@5 At
and francs at 4.63a4 @4.62A for commercial and
nominal for bank. -,
eral, and the demand good, commercial advanced
about lilo p cent The sales comprised s2l9 600,
embracing $4,000 commercial at "a y cent DIS
count, $4,000 private bankers at 7-l6; slo oC0.
$40 OOO s2OO 900 and $4,000 commercial, s15,OOl
and $45 600 private bankers, and sl5,OO0 BANK al
1892 md $50 900 bank at a.
| The banks continued to check on New YORK
at u cent discount, while CONNER ,ial sight wal
quoted at as against ZIG yesterday.
The market for Securities generally was more
active and buoyant, especially for State Consols
In Stocks we heard Of more movement in favo
rite shares at hardening rates, but no sales were
reported.
City Bonds were in good request, especially
Gold Bearing Seven Per Cents which closed al
32A against 3O1a last evening. showing net i'm
provement of 2 u cent. The sales embraced
$1,000 Premium issues at 25l1a $1,000 do at 2594
and $4,000 Gold Bearing sevens (mostlyy
drainage series) as follows: $4,000 at 3l93i a
$4,000 at 311a. $4,000 at 3l'4, and $4,000 ant
, $40 900 at 321aa.
, Under reports of Urge orders having been re
, ceived from New York, the market for New Stat
Consols was quite excited, and exhibiting stron
J upward tendency, closed at6511a@66 against 625
ass. Yesterday, showing net advance OF owe
: 8 II cent The sales and resales were the larges
9 of the season amounting to 1856, 600, embracing
SO, 900 at 6215; $50, 600 at 63; s6OO0 $4,000 an
600 at 6312; $4,000 at 63'4; $40, 600, s25c0t
s25 COO. $50 900 and $685. 900 at "a; $40 900 at az
5000 900 at s25 GOO $4,000 and 500 00e at TT
. No sales OF CITY Scrip were reported. 1t Is no,
auotsd at 430g44 for August to December, l97s
q lime, and July to December, 1874, and 49Go
d for June and part Of May
2 The only sales OF Metropolitan Police Warrant
reported was $4,000 at 92h. They now rule :
910l92 for 1873 IA issues. and 67072Ia for 1917
i. 73 while 1S7l'72 and 1868 SO continues entlrel
: nominal
t No sales OF State Warrants we're reported
OLD State, fundable, were quoted at 4So15O; NJ
8 fundable at @, and 1874 issues at 3S(942H.