The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-26
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN, 4
Friday Evening. Feb. Is. 1876, /

| The Money market has continued dull and
| easy throughout the past week, with only mod
crate demand for discounts, either in bank or on
the street. and exceptional aud AL commercial pa.
per scarce and in request. The plethora of money
has continued, and it is still occasionally placed
at COZ f9 cent on call. Securities have exhibited
less general animation, particularly Stocks, which
have been without any new features. A fair buei-
ness has bee done in State Consols and City Sc.
curities but they have exhibited less activity and
have ruled at rather irregular and lower rates,
p irticularly the latter, which have fuctuated
considerably under political influences.
The offerings of Foreign EXCHANGE have been
more moderate and under the course of Gold at
New York. the market has shown some fuc.ua-
| tons, ruling at one time at a marked advance,
but closing at a net Improvement of only 1c in
| sterling, equal to about 2-10 u cent. New York
eight was steady up to Thursday, when under
liberal offerings and a light demand, commercial
fell OFT q Oils u cent, at which decline the mar
ket closed to-day, while the bank checking rate
in New York has remained unchanged.
We continue to quote exceptional commercial
paper at -@S u cent per annuih discount, AL
do at 9@lO, and second grade nominal. First class
mortgage paper rules at 9910 y cent per annum,
second grade continues entirely nominal.
Gold opened at 1889 OLA, against ia at
at l137s0ll411s, against ia in that market. The
sales summed up $4,000, embracing $4,000 at
11s7ss, aud $1,000, $4,000, $4,000 and 900 ia.
No sales of Silver were reported. American
half dollars were still quoted at l04IsG0l051a,
aud Mexican dollars at 80 gold for botn new
and old.
Under the advance in gold at New York, Ster-
ling was 1c higher, equal TO an advance of 2l0 y
cent, and francs about a y cent. The movement
in both was of liberal extent The sales of ster.
ling comprised 900, embracing $4,000 bill of
lading at .4911aDj5011s, $4,000 Al clear at $50,
fl5000 bill OF AIDING at 49, 20 1904 f22 0U0 do
at 5.50G5501a, $1,000 do ana $4,000 AL clear at
5 50laa f200J Al clear at -, and f14, 900 bank at
$50.
The sales of francs comprised 275 900 CONNER
cial, embracing 100000 ut 571aa, and q, 600,
$4,000, $4,000 and 30, 900 at 4.564.
At the close ste, ling bills were quoted at
5.491 a0l5591 for bill of lading and Al clear and
-@5.541a for bank (-05 81 for the bank couI-
ter rate) and francs at 1865 for commercial
and nominal for bank.
The offerings Of New York sight were Of fair
extent, and the market without quotable varia-
ton. The sales comprised s275,0O0. embracing
$50, 600 commercial at q u cent discount, $40,
GOO and $50, 900 do at 1-l6 snd $4,000 do, and
$50, 900, $50, 900, 10000 and 10000 private bank
ers' at par. We also notice sale Of 0,O0O
CONNER cial on Providence at a y cent discount.
The banks continued to check on New York a.
"a y cent premium, and commercial sight was
siill quoted at lilo u cent discount a par.
The following is the official statement OF the
sales reported to-day at the New Orleans Stock
Exchange:
e shares Carrollton Railroad Co. at. 1874 Is