The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-01-14

The demand for discounts was very
moderate, and dull day was reported
BY some Of the principal banks. Out
aide rates for commercial paper were
easier and offerings light. A moderate
movement was reported In gold. For.
oiRn and domestic exchange were In
good supply, the former at somewhat
lower rates.
In stocks and bonds the improved
tone heretofore noticed continues. The
increase In the supply Of money and
rarently been followed by a disposition
to employ Idle funds by Investment In
favorite securities. City bonds, particu.
1arly collaborating seven per cents. and
new State consols, were again reported
I active at further advance.
We learn that the decision OF the Su.
rerior Court to-day in the case Of the
Southern Bank vs.. the city and the
Louisiana National Bank, was adverse
70 the plaintiff.
The following dividends have been
declared since December l. 1875, to the
present date t ~
p1Qy, per cent payable Jan; !. 1879.
Dc. I6. 1878. Metropolitan Loan and Savings
Bank. per cent. payable Jan .. 1875.
Pee 60 1875: Storms Fertilizer. per cent. pay
. Dec. ~. 1875. Carrollton Railroad Company q
pQr cent, payable Jan. 20. 1876
Dse g: ISIS. Canal Bank, = per cont payable
Dc. y. is7b. State National Bank. 1 per cent.
Bee. y. 1875. New Orleans Gaslight Company.
pcr cent. payable Jan. 10. 1915.
Dec. u. ie9S.. Louisiana National Bank. per
esBs b. syaS ss I'm Gse ass Savings Bank 10
bscc 81. 1875 6tlzens s'' savings Bank interest
on deposits per annum. per cont. payable. Jan.
b.. ii. is7s, New Orleans National Bank. 4
peg cent. payable Jan. I, 1879.
Dec: ~ lsss, aerm ami National Bank. G per
's Bss ps e. ,s': III" Mutual r.ion Bank per
opt p Y ,ss 1ps ss's NOR cent MAYA
Jsn, !. isls: southern Bank. s per cent paya-
Jsn. !, isss. workingmens Savings Bank. per
cant. payable Jan. %. 1870.
Jan. 4. 1876, Workingmcns' Savings Bank, in
terest on deposits. per cent. payable Jan. 8.
Jan. :. lce. Home Insurance Company. per
can't, payable Jan, Is. 1873.
Jan. .. 1870, Louisiana Lottery Company. per
JSn. 10. isis. Hope Insurance Company. 10 per
cent. payable Jan. 10. 1876.
We continue TO quote exceptional pa
Per at -a9 per cent per annum dis
count; Al do at 10 IL, and second
Rrade Is q 10. First class mortgages
still rule at 9 a 10 per cent per annum !;
second grade continue entirely nominal
Gold opened ut 112a 113, against 1929
ct New York, and after moderate bust
ness closed ut 1874 1874, against 1l2h
In that market. The sales summed
up ~, 600, embracing 5000 at 1928,
DO, 900 ut ll9a ll2l, k5,0oO at 1924 and
$1,000 and $4,000 at li3.
No sales OF silver were reported.
American half dollars are still quoted
at l06 106k, and Mexican dollars 93A
gold.
Under the decline in gold at New
York, sterling was quoted lc lower
(eQual to about LILO per cent and francs
nearly per cent. The movement was
fair.
The sales Of the former comprised
SIS, 500, embracing 10000 and cas-. 900
bill Of lading Al clear at 500 $40, a3OOO
bill OF lading at 5S9l, E5O00 and 10000
do. 5000 do. and Al clear at 539s(G54O.
and El5O0 bill OF lading at $40.
The sales OF francs comprised 27O, 900
commercial at 465 4.64s and rs, 900 at
4.641.
At the close sterling bills were quoted
~ 6S9(d540 Tor bill of lading and Al
olcor. and at -<1544 for bank bank
counter rate at "a 5A4I), and francs at
4se{SA.Set tor commercial. and nominal
ia offerings Of New York sight ver.
,4emands commercial was UNCHANGED
~ aal0s comprised 49l5. 600. emhrac.
~, go and 1SO, 900 commercial xaN'
)c<eQ0, $4,000 and 10000 private