The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-15
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Friday Evening, Jan. IA, 1876.

The week closes with very quiet Money mar
ket The demand for discounts is reported lin
tied at most OF the banks and on the street. rate
| are easier, and the best grades Of commercia
paper can be easily placed at our inside quota
| lions. Gold has ruled quiet, and Foreign Elk
change has shown no material fluctuations, Will
change rates. Securities have shown more ami
nation until to-day, when the improved demand
appeared to have somewhat abated.
/ New State COnsols have continued to advance
and operations in these securities have been thu
prominent feature in the market. To-day the,
City Bonds have shown some activity in the pas
few days, but reported somewhat weaker al tn,
close to-day.
We learn that the New Orleans Sugar Shet
Company has declared. dividend Of f3 cent
payable on the LIST prOximo.
We notice that the New Orleans Insurance
Company declares q sem-annual dividend Of {
D cent, payable on and after the first Monday in
February.
We continue to quote exceptional paper at =
and second grade at 15@l8. First class mort.
cages still rule at 9@lO u cent per annum
second grade continue entirely nominal
Gold opened At ll21l@ll2344. against 1l21l at
New York, and after fair business closed at
112A9l13, against l13 in that market. The sales
summed IN s4SOOO embracing $4,000 at 1927
$1,000 and $4,000 at 1929, So 600 at i129l0i12Zs,
$4,000 at ll27s, and $1,000 and 200 at ll3. .
No sales of Silver were reported American
half dollars were still quoted at 106@1G61S, and
Mexican dollars at $40, gold:
Under the advance in gold at New York, ster-
ling was quoted lla@2c higher equal to LOG
4-l0 y cent?, and francs fully "a y cent. The
movement in both was Of fair extent. The sales
of the former comprised f45 700, embracing
$4,000 Al clear at 5.401l, f7000 bill Of lading at
5.4O@5 Al, $4,000 and $4,000 do and $1,000 and
$4,000 Al clear at Al, $4,000 bill Of ading at Sal
@54l%, f1S00O do. at 5.4011s@5.42, s1200 bank at
5.44, and $1,000 bank at 5.45.
The sales of francs comprised 260, 900 CON-
mercial, embracing $4,000 at 1915. and $4,000,
sc, 900 and 100, 900 at 1881.
At the close sterling bills were quoted at
8 40ls@5.42 for bill Of lading and Al clear, aud
at -01545 for bank (bank counter rate at 5.45L,
and francs at 4.63a494621aa for commercial and
nominal for bank.
The offerings of New York sight were Of fair ex.
tent, and commercial was in moderate demand at
previous rates. the sales comprised $3.50 900,
count $4,000 and $40, 900 do and $4,000 SAC, 0G0
and sS5 900 private bankers at 716; $40, 600 COM
mercial and s25, 900 and 1000 bank at 1892.
We also noticed sales OF 1000 commercial on
Providence at GIG b cent discount.
The banks continued to check on New York
at 4 y cent discount, and commercial sight was
still quoted at ZIG.
We noticed less activity in Securities to-day,
disposition being manifested by buyers to hold
there was fair movement repor ed in City Bonds
and New State Consols.
The only sales Of Stocks reported were ID
shares of St. Charles Street Railroad Company
1t s74, and = do at $74 SO and SIS.
The latter part Of yesterdays report Of Stocks |
should have read 20 Factors and Traders Insur |
anCe Company at $50 50, and 10 (newl New Or