The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-18
FINANCIAL.
OFFICE NEW Jalhs.4S 3UD.Er's4,
Monday Eve ming, Jan. II, 1876.
Srw oHLsAN. NEUTRALITY-SUSPICIOUS..


January I......... 2,22O,36i W 20l,53l OG
| Thus far this week 1903 S39 Is 4G6 1863 90
Same time last eek 1857, 7U7 80 l7l,729 "
| Total last week -. IL, rs ,O72 80 l 142 779 %
| Total week before. IL, 72O,U95 Sc 1,1GS, 100 s.
| The Money market continues easy, with little
| demand for discounts either III bank or on the
street. The situatl n is m 4rked by continuing
| accumulation OF currei cv, which Is seeking III
| vestment good eecu tiles his disp ysltlon Is
| tur her stimulated by the heavk transactions in
new state Bouds Gently TRANSPORTING IL orted 10
| be the Result OF large orders from the North.
The sales Of these bonis to-day, shown by
the report Of transactions b low ere aga II very
considerable, and at the close they showed III :
ther advance Of two points over Saturdays quota
tons, and a net advance of ten poin . over last
| Monday.
| City Bonds were also in demand and active,
| nearly all lssues including Premium Bonds,
| showing material advance. TIL entire tTansac-
| tons III bonds su lmed up than $500 900.
| There was a good inquiry for leading stock i,
| and III fact the stock markef generally exhibited
| an improved and buoyant tone.
The stockholders of the Mechanics and Trade,s $
Bank elected the following Board of Directors
Augusye Bohn, Thorn 8 A. Adams, Thomas Lang
ridge, J. A. bIaifer, II. Gally, g. NJ. Sofia, +. Van
Benthus sen, Rlcuard Milhken, and A. Lehman.
The following ticket was elected by the Ger
mania Isurance COMPANY: J. Ambruster, G.. H.
| Draughn, ii. Curtlus, G. DelBondio, T. W Del
mann, L. GodchauX, A. Galsser l.. Grunewad,
j. Hasslnger, &. Juergens, j. kohn, j. f. Krautz,
e. L. 1. Mayer, Il. Oertling, Paul Lslteller,
II. Redwltz Frank Lewis, II. Schulz, X. F.
Theurer, Frank Walter, J. J. Weakening, J. A.
Webert, H. Zuberbler, T. NJ. Zegltr.
We continue to quote exceptional paper at
GO " cent per anuum discount AL do a. 100
IL, and second grade at 15@slS. First class
mortgages still rule at 9G5ltIts cent per an
mum; second grade continue entirely nominal.
Gold opened at 1929 0ll3, against lib al New
York, and after moderate business closed at
the opening rates in both markets. touching 1885,
during the interim at New York. rhe sales
summed u $4,000, embracing $4,000 at llZ3s
$4,000 at l127s Ggll3 $1,000 and $1,000 at IL, and
$1,000 at 1l3l..
No sales OF Silver were reported. American
half dollars We're still quoted at 1O6C0l06l. AMI
Mexican dollars a go, gold.
Under the upwari tendency in bills at New
York, Foreign Exchange was stronger, and lie
movement WAS OF fair extent The sales of ster-
ling comprised f37 900, embracing 5000 bill of
ladi, e at 411a05 A. f2oOO d.. at 5 AZ, $1,000
do at 5. i2Gl5421+, $1,000 and elO 600 do at 5iz01
5.421 Z, anu $500 bank at $751;
The sales of francs amounted to 900, 900 COM
mercia, embracing 600 900 Al Asset 621a, no.
coo aud 900 at 4.t214s, loo, 600 =, and 1O0,
COZ at 4.62.
At the close sterling bills were quoted at
5 4lGj.42la for bill Of ladlng and Al clear, AID
at -0G5io1 for bank (bank counter rate NV as A.
and francs at 4.62l tor commercial and nominal
for ank.
Under good demand and less liberal offerings
New York sight continued to rule at Saturdays
quotations. The sales comprised s39o 900, en-
bracing 100000 commercial and $4,000 p ivate
bankers at ZIG b cent discount; $500, $4,000,
$4,000 and 100000 private BANKERS at 1892,
$500. 100000, $25,0u0, $4,000 and 900 do at
Is, and $50 eco bank at 5-l6 We also noticed
sales If $4,000 commercial on Boston at % p
cent discount
The banks continued to check on New York
at 4 + cent discount, while CONNER :al sight was
still quoted at -6l3s.
The market for all classes Of Securities was
very active, particularly for City Bonds and New
State Console
We notice a better demand FIR Stocds especi-
ally for insurance shares on which dl7ldends
have been recently pad or are about to be paid.
The saes Included 100 shares Louisiana Levee
Company (ureferredl at 80 80, 100 do at IS IS
100 do at 50 81. and 200 do q 81; 20 New r
leans Insurance Company at 40 70; $50 (uld)
New Orleans Gas Light Company at tlz6 30, and
within few days, not before report q, 30 BEN
vile Oil Works at sos, and 100 do (the last sa!e)
at 100. Some movement reported III Car
roIlton Railroad Company, but no transactions
were partculHZed.
Tie sales and resales OF City Bonds comprised
SIS 600 premium series embracing slOJ0 at 70,
$1,000 90 at 261a, $4,000 do at 210I27s, 200 no at
2715 $40 Q and $4,000 do at 2734, $1,000 do at Is,
sll0, 900 New currency Seven Per ems, 9 nbra-
c NJ $50 OO0 at 81, 81 and %, and $4,000 40 at
:2i ;, So 600 Old Currency Seven Per Cents
81, Hd S4O OO0 Gpld Bearing seven Fer cents at
49, W, also noticed sales OF $4,000 Crescent City
SIaugh lite r H ouse Go. Bonds at Is, and $4,000
First Mor gage Jackson Railroad issues a. 81 2.
The advar ct Cry Premium l-su-n and III New
Cure cy Seven Per Cents over Saturdays quota
tons Vas points, and j God Bearing seven
Per Cents l.
The sal and resales of New State Consoli-
d ted Sc eli Per Cents comprs 1913, 900. en-
brs cling 5,or at 65l4, $4,000 aud SIS 900 at
6tI. 5000. $4,000 nd s5o 800 a 6bla SO o90
al ,ol1Glf694 s2Ht00 aud <40,0Oo al o654 $4,000
a d 81 900 a $1,000 81 + Is, - uoat 3 !,
- 1900 Al 81 a6s 81 oonat IS, 100000 at $50,
so 900 and 40 yUO at o.. at he close the Mar