The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-03-04
Monetary.
OrFtcE N. q. DEMOCRAT.
Friday Evening. March 3. 1875. !
0rw nntIANu ~ ma Ma upttaE


Total week before. -. lo.oa& 800 81 tt4s.7sI ~
The movement In financial circles has boon
somewhat interrupted during the past week ~
the holidays. The situation II still marked by
nm accumulation Of currency In excess of tho
commercial demand. Tho offerings for dis
count have bcon light, both In bank and on the
street, and approved commercial paper has
been scarce and being In good request has boon
easily placed ut our quotations. Under tho
advance Mt New York gold has shown n marked
improvement. and In sympathy with its course
foreign exchange has advanced, but operations
In the latter have hardly been proporiionaic 10
The extent of tho cotton movement. Now York
sight has exhibited fair degree Or activity II
unchanged rates. Stocks have baen without
any now reuture, except a slight weakening IN n
few shares. state eonsols were without any
marked change until Yesterday. when thoy ex-
hibitcd material Improvement. CITY securities
have shown increased irrogularty, especially
yesterday. when they tluctuated under conflict
ing reports with regard To tho p,,ssage by tho
snste q tae HsSs. IN GKa Mi ths PREMIUM IL.
ntc they closed ut u material advance. To-day
they roso to still higher point. and nj tho close
We're quoted about three points over last FRI
We continue 10 quote exceptional commercial
paper --tsa pcr cont pcr annum discount Al do.
olS and second EraoMs nominal ON NH rirstoass
second grade continued entirely nominal
Gold opened ut ii4ss@i14ys. against lt4A nj
New York, and after ~ moderate business closed
at ti..dbli4a against nav In that market. The
i iia.. sio"S at lse. $4,000 lii%sii.'s. and 5000
No sales Of silver were reported American
half dollars arc now quoted at io5',@lo6is. and
Mexican dollars Va. gold.
ut &c higher teuual to an advance of 40 per
cent and francs " per cent. The movement In
bank was moderate. The sales Of sterling. com,
InfIt ~
sbs fitoo do. and f350O Al clenr ut bsi, $1,000 bill
of lading and Al clear vt sSStGb5t. fs0o0 bill 81
lading at sSlc.Ssiis. Eaooo bin Of ladng ut ps4's
The only sales of francs reported werc $4,000
commercial At 4ssoDa nan. and so.ooo at 4.bsa.
AZ tho cc o., sterling bills were quoted at so9
-cnsb7 for bank tbank counter rate --eo557 ~.
and francs ut ABA for commercial, and nom
The offerings of New York sight were rather
moderate and the demand limited Tho market
was without auotable variation. IF.
$4,000 and s9oooO commercial, aud fN.o0o. sss.o1
and $4,000 private bankers Mt par. and 10000
commercial at I-s2 per, cent premium. :.
Tho banks continued 10 check on New York nj
d per cent premium. and commercial sight was
Btilluuotfd ut par.
Tho following is the Official statement Of the
sales reported to-day at tho Stock Exchange:
rs shares Union Bank Mt s3s co.: 10 shares
Workinginen's Bank mt sl1 SO; Q shares Cur
rolltQn Railroad at t0 80: ~ shares New Orleans
City Railroad NJ $40 30 $1,000 State consos NJ on
$1,000 do at 0ab: e2o.000 do. at 6si 600 do. ut
60 making total OF sSs 900 State consols. $4,000
city premium bonds at 35'. t7o coo do mt 49,
stH 90 do. ut 36&; $4,000 do. nj ~ $1,000 do. ut
an 100000 do Mt 37s: ss0o0 do. ut a7s sI0o@,
do. ut 37a $4,000 do. at ~. making n total of
si34,ooo premium bonds; s2ooo city gold bonds a.
T., at sly $4,000 do. mt yTai: s2000 do ut ~ $4,000
do. mt 3saa $1,000 do at asta $4,000 do. d. H. at ~
$4,000 do. Mt 3ea. making u total OF $4,000 city
gold bonds. $1,000 city ten per cents at 35 s25oo
do. mt ~. A4sgt#5lI
Stocks were without any new feature to notice.