The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-02-06
$19.418,851 ~
Increase. Decrease.
019E lAlA

| The above statement shows some decrease in
currency and deposits. with falling off In loans
| and an increase I'm specie. The receipts Of GUS
toms tgold) for the week ending Saturday, the
| 9Th, have been $27 948 81.
The money market remains easy with loan
| able currency in abundant supply. and rates
favoring eligible borrowers. The discount de-
mand to-day was limited, both in bank and out
side. Gold and foreign exchange were steady.
and a moderate movement was reported in both
| New York sight continued in limited supply.
Notwithstanding the heavy movement in cotton.
In stocks and securities the movement was
| light. City bonds were generally quiet. and
premium bonds were sold at n decline New
State consols were inactive. but were quoted
stronger at the close.
The money market continues quiet and un,
changed and we continue to quote: Exceptional
paper at s@9 per cent per annum discount Al
do. at 9@1O. and second grade 1908. First class
mortgages still rule at 9e1o per cent per annum /;
second grade continue entirely nominal.
Gold opened mt 112A@113, against 113 at New
York. and after limited business. closed at
the opening rates In both markets. The sales
were confined to $4,000, embracing $4,000 at ii2k.
$1,000. $1,000 and 1000 at 49, and $1,000 ut 1875.
No sales of silver were reported. American
half dollars were still quoted at 1O5D1O5Ys. and
Mexican dollars at % tgold) for new and 80
Foreign exchange was without auotable varia-
ton except for bank sterling. which being In lit
tie better demaud was stronger mt the close. The
movements were moderate considering the
movement in cotton.
The sales Of sterling comprised f72,ooo, en-
bracing f15Ooo bill OF lading at 544h f12,oO0 bill
of lading and f22.ooo do. and Al clear at 5446e
f1OOO Al clear at 5i5. $4,000 Al clear ut - 10000
do and bill OF lading at 5441s@5i5ia, f25O0 bank
t5t7h. and $1,000 90. at S4s,s.
The sales OF francs comprised 5T5 900 CONNER
cia $1,000 at 462h, $4,000 and 10000 at 4611 and
100000 at -.
s45 for bill Of lading and Al clear. and lat -oe54s
for bank. (bank counter rate -d5491s) and francs
At 4.e2ts@4.e1h for commercial and nominal for
bank.
Under fair demand commercial sight on New
York hardened, while the bank checking rate
was unchanged. but it was intimated at the close
that the counter crate would be raised to u per
cent. premium ifcommercial is maintained The
advance is attributed to an increased demand
snes u nerve YORK a sg NOR
bracing $4,000 commercial and $4,000 private
bankers at lie per cent discount $4,000, $4,000
and $4,000 private bankers and $4,000 bank at
1-s2, and $4,000 private bankers and s25 900 and
$4,000 bank Mt par.
The banks continued to check on New York
at par. and commercial sight was still quoted at
1-16@- per cent. discount.
There was an apparent lull in securities. and
less II na easse
ed were shares of Crescent City Slaughter
house Company and Carrollton Railroad Com
pany on private terms.
City bonds were dull and apparently lower. but
nothing TRANSFERRED on which to base any quota.
Bile variation from Yesterdays closing figures of
for City of Carrollton bonds. but no sales were
reported. The sales OF city premium issues in
GUIDED $1,000 AT 307s. SOOO ~ 3O $1,000 at 81 %. 5000
at 31a and $4,000 at 314 Also at the Stock Ex-
change, $11 600 at 30af. We also noticed sale of
5000 Jackson Railroad first mortgage issues at
S74.
New State consols ruled at about yesterdays
quotations. but closed at G81s@68s. The sales In
c1uded $4,000 at 6s, $4,000 at 6Os. and $4,000 at
68af.
No sales Of city scrip were reported. Time is
now quoted at 41Ggl2a for August to December
1873, and July to December. 1874, and 48@D5O for
June and part of May, 1874.
Nothing transpired in Metropolitan Police
warrants. They now rule at $1,000 for 1928
and 1884 issues, and continue entirely nominal
for 1859 and 1912.
No sales of State warrants were reported
Fundable are now quoted at 47@49; do. not
fundable at %, and 1874 issues at 5000.