The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-01-07

New Orleans. Jan. Q, 1876.
NEW ORLEANS CLEARING HOUSE.
,.n,.rv olear'p New ya Balances
January 3,.s.........' o'sn W. saa'.w - ~
| January & ...4......, 2.2bg,b1g 40 2a2. $40 o.
| January G....4.....t.. 1.et1.12 VI N4.snS ~
Thus far this week =. so.s41 $40 @ sloa2, 2so ~
Same time last week.. aTos.plb 81 el4.sso IA
Total week before IL. iss17s7l ~ 1,5bs.5as 1b
The demand for discounts was more
moderate at the banks. The offerings
were reported fair on the street, where
money continued easy. and good paper
In demand A fair movement was re-
ported i'm gold and foreign exchange at
higher rates. and New York sight was
In good supply mt previous quotations.
A few sales were reported In stocks, but
nothing else Of interest trapspired.
City bonds continued quiet and I'M
changed New state consols were again
reported active. and were quoted o
shade higher than yesterday.
We continue to quote exceptional pa
per Mt --aD per cent per annum dis
count: Al do. at 10 u II. and second
grade Is u 49, First class mortgages
still rule mt . q 10 per cent per annuin
second grade continue entirely nominal.
Gold opened at 1t2s u l12a. against
liza at Now York, and. after a fair
business closed at the opening rates in
both markets. after touching 1874 dur
ing the interim at New York. Tho sales
summed up $4s, 900. embracing $1,000 ut
tlgb. $4,000 ut 1873. 1000 Ut ll2g o 112a,
$1,000 and $4,000 ut 1927, and $4,000 and
$4,000 vt 1874.
No sales of silver were reported.
American half dollars were. still quoted
mt 1OG01tO7, while Mexican dollars ruled
q npf ,v,,l1 ntrutt,uf "a a nil Vn9tcr-
day.
Under the decline in gold at New York,
sterling was quoted DC or about 2-1O per
cent higher, and francs about 1 per cent.
The movement In both was Of fair OK
tent. The sales of the former com
prised E7g, 700, embracing G30O0 bill OF
lading at 53sMb3St, g9O00 do. at 53sh,
10000 do. ut 53ShMb3a, $1,000 Al clear ut
53g. 100000 do. and bill Of lading at 53sb
m539b. e20.0o0 bill of lading ut 539m539h.
GsOOO do. at 53gb. e7500 do. and Al clear
nj bgo0g54o. elo60 Al clear at b4O ei2oO
bank at 544, and e10OO do. sight ut 54s.
The sales of francs amounted to
GOO, 900 commercial, embracing $4,000
and 10000 at 4.G6l: 100000 ut 4.G6i g
465s, $4,000 and 10000 ut 4.65s, and
80. 900 at 49,.
Al the close sterling bills were quoted
at 53Sb u 53ga for bill OF lading and Al
clear and 49, u 5l4b for bank (bank coun-
ter rate u 54ib). and francs ut 4G6l q
1864 for commercial, and nominal Tor
bank.
The offerings of New York sight were
of fair extent. and met with a good de-
mand ut previous rates. The sales
comprised $2a5, 900. embracing $4,000.
commercial ut per cent discount, &c.,
600. $685. 900, $4,000. and $4,000 private
bankers. and $25, 900 and $4,000 bank
ut 7-16.
The banks continued to check on
New York ut / per cent discount. and
commercial sight Is still quoted ut
7-16.
The sales OF stocks included II Ores
cent City Railroad Company at 1876, 20
do. at $40 30. and 110 ut $50 80, and Is
Crescent Insurance Company ut 500:
also, at the Stock Exchange, ] share
Factors Insurance Company ut $40.
City bonds were quiet and unchanged.
New State consols continued in good
demand. and were little higher than
Yesterday. being quoted at the close at
bs9. The sales comprised 100000. en-
bracing $4,000 and 100000 at 5Sh, and
$I4. 900 and SIS, 200 at $50.
No sales Of city scrip were reported.
It was still quoted ut 4la AS for Au-
gust to December, 1873, time. and July
to December. 1874. and SO 50 for June
and part of May. 1874.
Nothing transpired in Metropolitan
Police warrants. They now rule mt SO q
~ for 1894 issues, and 10 a 80 for
1878, while 1S71-72 and 1S6S-g9 con-
tinue entirely nominal
No sales OF State warrants were re-
ported. Fundable were still quoted at
Al a AZ. not fundable ut -- q , and 1874
issues ut 40 a 45.
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