The New Orleans Democrat., 1876-01-05

men ike toy McEIcIy, Mcnolo' V"c
uaman, Jonas and Others are mcln-
bcrs. -Oudchita Telegraph.
Ia
Monetary.
Orp1uE N. o. DEMOCRAT.
Now Orleans. jan. 4. 1875.
NEW ORLEANS CLEARING HOUSE.
..nuarv ,......... o''"''PEEs; iEsw yass etl5"c'''
Jmnnary a............. s2.9 $50 Gs s27I T29 a
January 4.........,., s.isi,soT 60 2'siio 10
Thus far this week. s5,i4o.7es 81 s5oS lts GO
Name time last week. 5.iu.705 - bes sJi a
Tot"i ot"ii week wee before isg7s7i IS i55s5se is
The payments In bank yesterday and
to-day have been heavy, and, SO far as
We can learn, the large amount OF paper
falling due has been met satisfactorily
The large payments yesterday account
for the heavy clearings shown In the
Clearing House report to-day. Money
continues easy, with fair demand Tor
discounts at the banks, and but little IN
0uiry on the street. A fair movement
was reported In gold to-day. Foreign
exchange was most freely offered and
ri1led lower, New York siffht continued
IN liberal supply at previous rates. Only
q few sales OF stocks were reported.
CITY bonds were quiet and unchanged.
New State consols were reported active
at an advance.
We continue to quote exceptional pa
per at --a9 per cent per annum dis,
count: Al do. at 10 a II, and second
grade Is o. IS. First class mortgages
still rule at 8 q 10 per cent per annum;
second grade continue entirely nominal.
Gold opened at 1923 1923, against
1921 at New York, and, after q
fair business closed at 1l2a q 1929,
against the opening rate in that mar
ket. The sales summed up $4,000,
embracing $1,000 ut 112a $1,000 and $1,000
at 112E $4,000 at 112s a 1l2a, and $1,000
and Sis, ,OOOa 112s.
No sales Of silver were reported.
X American half dollars were still quoted
at 1O6@107, and Mexican dollars at o4@
bnder the decline in gold at New
York sterling was quoted 1ac lower
(equaj to about $40 per cent? and francs
fully 1 per cent. The movement was
quite liberal in sterling, but was mode
rate In francs. The sales Of sterling
comprised al22,3O0, embracing E50OO
and f1O. 600 bill of lading at 539h, G63, 900
do. and Al clear at 539@54O, f40O0 do.
and AL clear at 539aO540, tG15OO,
CISCO and f4OO0 Al clear, f7000 do. and
bill of lading, and E26, 900 bill OF lading
at "a.
The sales Of francs reported were So.
600 and 100000 at 4.664.
At the close sterling bills were quoted
at 53s a $40 for bill of lading and Al
clear. and nominal for bank and francs
at 4.6e3 for commercial, and nominal
The offerings OF New York sight were
of fair extent, and met with O good de-
mand at previous rates. The sales
y comprised 1886 600, embracing $780, 600,
commercial at per cent discount, and
$4,000 do. and private bankers $4,000,
100000. $4,000 and 100000 private
bankers, and $4,000 do. and bank at
7-16. We also noticed q sale Of $4,000
commercial on Boston and $4,000 on
Providence at 9-16 per cent discount.
The banks continued to check on
New York at 1 per cent discount, and
commercial sight was still quoted at
7-16.
The sales OF stocks included 10 shares
Peoples Bank at =, 40 Southern Bank
1T $45, and Carrollton Railroad Com
pany at $75. 4
City bonds were quiet and unchanged.
There was an active movementin new
State consols, and the market was quiet
at 571@57a, nearly ! per cent higher.
The sales and resales amounted to
41O0.O06. embracing $4,000 at 56a, $10,-
600. $4,000, $15, 900 and $4,000 at 81,
$2O, 900 at 57a, $4,000 at SIT, and $4,000
At 81.
No sales of city scrip were reported
It was still quoted at 4it@45t for August
to December, 1873, time, and July to De-
cember, 1874, and at 5O@52 for June and
part Of May, 1874.
Nothing transpired in Metropolitan
Police warrants; they now rule at Sc a
IS for 1894 issues, and 76 a 80 for 1928,
while 1912 and 1869 continue entirely
nominal
No sales of State warrants were re-
ported. Fundable were still quoted at
Al . n, not furdable at a, and 1874
Issues at 40 a As.