The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-01

|
The market to-day was generally quiet, but
some of the banks report better demand for
| Money. moderate movement was reported in
Foreign Exchange, which, under marked adj
vance in New York sight, Was quoted higher.
The sales OF Stocks were less LIBERAL but the
| movement of fair extent, with no marked
change in quotations. City Bonds were hardly
| as strong. but the transactions reported showed
| no quotable variation. New State Consols were
| more active and few Gales towards the close
showed a slight advance.
We notice that the Jefferson City Gas Light
Company will tomorrow commence paying their
dividend of 81 so per share.
We have no new feature to notice in the Nor ey
market, aud We continue to quote exceptional pa
per at -GGS IL cent per annum discount, AL do at
9Dl0, aud second grade nominal. FIRST class
mortgages RUE at 909l0 u cent per anuum,
while second grade continues entirely nominal
Gold opened at 11z7.@ll31S against lib at
New York, and after moderate BUSINESS closed
at the opening rates in both markets, touching
1875 during the intern at New York. The sales
summed up $4,000, mot including $4,000 at
1127s delivered to-day but sold on Saturday, J
$4,000 at lib, $4,000, $1,000, $1,000 and $4,000 at
1l31s, and $4,000 at 1877.
No saes OF Silver were reported. American
half dollars were still quoted at 1041alll0511s
and Mexican dollars at 81 "a, gold, for new and
9224, gold, for old.
Under the movement in New York sight Ster-
ling Exchange was quoted 1c. equal to about 2 70
Il cent higher, and francs 4 q cent The move
ment in both was moderate. The sales of ster-
ling comprised f54 $780, embracing $1,000 bill of
ading and AL clear at 5 4311a@15.4411as, f4A0O 90
and CISCO, $4,000 and t22, 900 bill u lading at
The sales of francs comprised 405,00 COM
mercial, embracing 10000 +, and 80, 600, 1O0,.
900, 100, 900 and 125, 0O0 a. 4.6114.
At the close sterling bills were quoted at 5.431i,
@5.A1a for bill of lading and AL clear, and : %
5.47 for bank (baDh counter rate -g5471a), and
francs at 81 = for commercial and nominal for
bank.
Sowing to limited offerings and good demand
commercial sight on New York advanced fully
"a y cent, while the bank heckng rate remained
unchanged up to the close. The sale comprised
sl30.OO0, embracing $4,000 and $25 600 commercial
at sic Il cent discount, s31 600 private bankers
at 4, $500 commercial at 3-l6, $4,000 and s20,-
900 private bankers at 5-32 and $50, 600 do at
a. We also noticed a sale OF $40, 900 commercial
on Providence at 7-16 y cent discount.
The banks continued TO check on New York at
q q cent discount, while commercial sight was
quoted at 3-l6@H, against 5-16014 on Saturday.
The movement in stocks, though less liberal,
WAS OF fair extent. The sales included 5 shares
New Orleans Insurance Association at s2l 25,
do at s2l 50, 81 New Orleans Insurance Company
at s3l 75 80 st. Charles Street Railroad at s73 40
State National Bank at SOS so, and II Mutual
National Bank at so2 So Also, at the Stock Ex-
change, 5 Factors and Traders Insurance Com
pany at $50 25.
City Bonds were not as strong, but were still
quoted at the close at 320132laa for Premium is-
sues, 311a0321I for (old) Currency Sevens, @
4211aa for (Aew) do ,-0s34 for Gold Bearing Seven
Per Cents (Adm!nistration) series, and -0G33a4
for do. (drainage.) The sales included $1,000
Premium issues at 3214, $1,000 do. at 3-5s,
5000, $4,000 and 5000 at 3211aa and $1,000 (old)
Currency Seven Per Cents at 81; also, at the
Stock Exchange $500 Premium issues at 3214.
We also noticed sales of $500 Jackson Railroad
first mortgage issues, at the Stock Exchange, at
o611a, and 81, 900 outside at s634.
There was more movement in New State Con-
soils, ard they were quoted at 67@671a at the
close, about u Z cent higher than on Saturday.
The sales ana resales comprised s24I 900; sl5-
600 at 6611a, $4,000 md slOOOo at 66a4 $4,000 and
s25 goo at %, 10000 at GU $4,000 at 671 and
$4,000 and $4,000 at 671a Also, at the Stock
Exchange, $4,000 at G624 and $4,000 at 81.
No sales of City scrip were reported Time is
now quoted at 43(144 for August to December.
1873, and July to December, 1874, and 1901 for
June and part of May, 1874.
Nothing transpired in metropolitan Police War
rants. They now rule at 9OG191 for 1872 10 snd
1873 "A issues, but continue entirely nominal
for 1868 6Sand 1S7l-72.
No sales OF State Warrants were reported.
Fundable are now quoted a. 46@4S, do not funda-
bic at % and 1874 ISSUES at 35GIi0.