The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-06
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Wednesday Evening, Jan. 5, 1876.
NEW ORLEANS CLEARINGHOUSE.

The demand for discounts was reported fair at
| most Of the banks, and there was some increase
| in the inquiry for Money on the street.
fair movement was reported in Gold and
Foreign Exchange. New York Sight continued
| IN liberal supply at unchanged rates.
Only one sale of Stocks was reported. City
Bonds were quiet and unchanged.
New state .Onsols were reported active at an
advance Of about l y cent.
The Workingmens Bank declared to-day a
dividend OF u GEN., payable on and after
January Is.
We continue to quote exceptional paper at -
@9 f8 cent per annum discount, AL do at l0Gl1.
and second grade at l5@1s. First-class mort
cages still rule at 9@lO y cent per annum;
second grade continue entirely nominal
Gold opened at l122s@l125s, against 1927 at
New York, snd, after moderate business closed
at the opening rates IN both markets. The sales
summed up s58,5UO, embracing $4,000 at 1l2iaa,
SIS 600 at lI2s01l12, $1,000 5000 and Sic, 800 at
1925. $4,000 ana s6OOS at 1929.
No sales Of Silver were reported. American
half dollars were still quoted at 1o5@lO6 and
Mexican dollars ruled at e4@9i11ls gold.
Under the decline in gold aud the falling Of
in bills at New York, sterling was quoted 1c or
2-10 y cent lower, while francs renamed about
the same. The movement was of fair extent.
embracing $1,000, $4,000, f12, 900 and 100000 bill
OF ladlng, and $4,000 Al clear at $50, $4,000 Al
clear at 5.391a, f23 900 bill of lading and Al
clear at 5.3S1a@5 1914 f25OO bill OF Iading and
t2OHO AL clear at D. H. and tlOUU and t15UO bank,
at the counter, At 5.44.
The sales Of francs comprised $4,000 COM
mercial, embrs cing 100000 at -@46614, 80. coo,
$1,000 and 100000 at 6614 and 10000 at 4655
At the close sterling bills were quoted at
5.3S@539 for bill of lading and Al clear, and
-05.43la for bank (bank counter rate -0l5 431as J
and francs at 1861 for commercial and nominal
for bank.
The offerings Of New York sight were of fair
extent, and met good demand at previous rates.
The sales comprised &240 600, embracing $40, 600
commercial aud private bankers, $40 900, $25, 000
SIS 900 and 100000 private bankers at ZIG. We
also noticed sales Of SIC. 900 commercial at GIG
u cent discount.
The banks continued to check on New York at
a d cent discount, and commercial sight was
sIlll quoted at 7-l6.
The only sale OF Stocks reported was SO shares
Factors and Traders Insurance Company at 800.
There was an active movement in new State
Consols, and under a good demand the market
rose to 581l, fully y cent over yesterdays quo
tations, and closed ut the improvement. The
sales and resales comprised 1874, 900, embracing
$15, 900 and $1,000 at 5914. $4,000, $40, 000 and
$4,000 at 5s1., and $4,000 and $4,000 at 5S34.
City Bonds continue quiet and unchanged.
No sales Of City Scrip were reported. It was
still quoted at 4411ls@45Ha for August to Deem
Der, 1873, Time, and July to December, 1874, and
at 500l52 for June and part OF May, 1874
Nothing transpred in METROPOLITAN Police War
rants. They now rule at 060S8 for 1894 issues,
and 5000 for 1923, while 1912 and 1869 con-
tinue entirely nominal.
No sales of State Warrants were reported
fundable were still quoted at 41042; not funda-
BILE at @, and 1874 issues at 4u@45.