The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-20


The above statement shows consider able in.
crease in deposits. and = eight decrease in Ioaas
and currency.
We hayeao change 70 notice ia che Money mar.
kes, which continues dull andeasy. The movement
in Gold to-day was moderate, and in Exchange Of
fair extent, at rather stronger rates tor both. A
talf business was done IN New York sight ~ I'M
changed rates. AL classes OF Securities were
active. and the Gales were unusually large.
stocks were without any marked VariatiOns
Estate Cousois were active. amt closed at an sd-
fyance Of fully u cent. attributed to the favor.
able report OF the House JUDICIARY Committee on
| tho bill requiring non-Stste insurance companies
to deposit with the State Treasurer $50 600 each
in State Console end also to rumors that there
are not moro than 81 600, 900 of svallsble Consos
here. che others shat have been fuaded having
be on sent abroad
City Bonds, though quite .c.iye. were rather
irregular and unsettled, and closed . little off
from yesterdays quotations.
| We notice that the case Of Macaulay vs.. Clin-
ton ct al, in equity, on appeal from the United
States Circuit Court, has been advanced for srgu-
It will be remembered that Macaulay, as holder
of State Bonds Of 1866, 1868 and 1870, filed
complaint attacking the consti, utionality Of the
| Funding Act, and applying for an injunction,
| which was refused by the United States Circuit
Court.
We continue to quote exceptional paper at
-@8 t3 cent per annum discount, Al do 1T 9(OtO,
and second grade nominal. FIRST class mort
cages rule AZ 81 cent per annum, Whlle second
grade continues entirely nominal.
Gold opened at 1133S@ll35as. against 1897 at
New York, and after a moderate business, closed
at 11311a@ll34 .Nsc ohigher than yesterday
against ll324 in that market. The sales summed
up $4,000, embracing $4,000 at 1857. $4,000 and
5000 at 1887, $1,000 at 1ls5s@ll324, $1,000 at
1887 and $1,000 1137s.
No sales of Silver were reported. American
half dollars were still quoted at l0411(DlO51ls,
and Mexican dollars at 80 gold for botn new
and old.
Under the advance in gold at New York.
Foreign Exchange was q little stronger, and the
movement of fair extent. The sales of sterling
amounted TO f4O,6OO. embracing f25oO Al clear
at 5.49. fl9,000 do. and bill of lading a. $3.50
5.49A f45OO do. and $4,000 and $4,000
bill Of ladng At 549N. $4,000 do. at 5.49@5.5o,
The sales Of francs comprised l65, 900 CONNER
cial embracing $4,000. 10000 and 100000 at
Al the close sterling bills we're quoted at
5.49@5.491s for bill Of fading and Al clear, and
I-0553 for bank tbank counter rate at @
$3.50 and francs At f.57sss TOT commercial sad
uomlnal for bank.
extent but the market was without quotable varia.
ton The sales comprised s240, 900. embracing
SIS 600 private bankers At 3-32 y cent premium.
and &c. 900 and SIS 900 commercial $40 600. $780,
600, $4,000, $50 900 and $50 900 private bankers
and. Gil. 0CO and $4,000 bank at t.16. We also
noticed . sale Of $4,000 Commercial! on Pbila.
delphia at par.
The banks continue TO check on Nev rort At
4. ID cent premium. and commercial sight was
still quoted t-l6.
The following is she. official statement Of tho
sales seported to-day 1t the New Orleans Stock
Exchange:
10 ,hafes Hope Insurance. .es6 50
10 do. New Orleans insurance Co.. +. 90 90
$4,000 jackson Railroad First mortgage