The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-06
1894 1851 %
Increase. Decrease.
f,D- M n

The above statement shows some decrease in
currency and deposits. with fal ing Off in loans,
and an increase in specie.
The receipts of customs (gold) for the week
ending Saturday, the 5tn, have been s27,a4S 80.
The Money market remains easy, with loanable
currency III abundant supply, ana rates favorlnR
eligible borrowers. The discount demand to-day
was limited, both in bank and outside. Gold and
Foreign Exchange were steady, and moderate
movement was reported in botp. New York sight
continued in limited supply, notwithstanding the
heavy movement in cotton, and under good de-
| mand, rates hardened.
light. City Bonds were generally quiet, and Pre-
mum Bonds were sold at a decline. New State
Consols we're inactive, but were quoted stronger
at the close.
The Money market remains quiet and un-
changed, and we continue to quote exceptional pa
per at -0SS u cent per annum discount, AL do at
90lO, and second grade nominal. FIRST class
mortgages rule at SOLO d cent per annum,
while second grade continues entirely nominal.
Gold opened at 112340l13, against lib at New
York, and after limited business closed ct the
opening rates in both markets. The sales were
confined to $4,000, embracing $1,000 at 1929,
and $1,000, $4,000 and $4,000 at lis, and $4,000 at
1885.
No sales of Silver were reported. American
half dollars were still quoted at 1050105ha. and
Mexican dollars at 81, gold, for new. and 90,
gold, for old.
Foreign Exchange was without quotable varia-
little better demand, was stronger at the close.
The movement was moderate, considering the
movement in cotton.
The sales of sterling comprised s72,O 900, en-
bracing fl5,OOO bill of ading.at5 1i2 600 bill
| of lading, and f22, OC0 do and AL clear at 5440t
5.45, f20OO bill OF lading at 5.ii1a@5:45, 1880
do and $1,000 Al clear at 5.45, $1,000 AL clear at
=, 100000 do and bill OF ading at 4411aa015i544,
| f25oO bank at 5.4711aa, and $1,000 do at 5.4sLa.
The sales of francs comprised $4,000 COM
merclal, 10000 at 1929, $4,000 and $1,000 at
1917, and 100000 at
At the close ste, ling bills were quoted at
| 5.446e5.45 for bill Of lading and AL clear, at
-0l54 9 for bank (bank counter rate -05 1917
! and francs at 4.6z1a@4.Gl4 for commercial and
nominal for bank.
Under fair demand commercial sight on
| New York hardened, while the bank checking
| rate was unchanged, but it was intimated at the
close that the counter rate would be raised q per
cent premium if commercial is maintained. The
advance is attributed to an increased demand
| from interior towns and for remittance.
| The sales comprised $4,000, embracing
$4,000 commercial and $500 private bs aa
| at 1-16 per cent discount, $40 900, $500 and
$50 600 private bankers and $4,000 bank at 132,
and $4,000 private BAN ers' and $4,000 and
! Sc, 900 bank at par.
The banks continued to check on New York at
! par, and commercial sight was quoted at Lie
| q b cent discount.
| There was an apparent lul in Securities, and
| less movement generally in all classes.
| Stocks were very quiet. The only sales report
ed were shares OF Crescent City Slaughter House
Company and Carrollton Railroad Company on
private terms.
City Bonds were dull and apparently generally
| lower but nothing tran-pired on which to base
any quotable variation from yesterdays closing
| figures of the Stock Exchange.
| We noticed some inquiry for City of Carrollton
Bonds, but no sales were reported. The sales OF
City Premium Issues included $1,000 at 81 $4,000
at 800; $1,000 at 3l1s, 5000 at 81 and $1,000 al
1884, also at the Stock Exchange sll, 900 at 800
We also noticed sale of $4,000 Jackson Rail-
road First Mortgage Issues at 6714.
| NV State Consols ruled at about yesterday 8
| quotations. but closed at 6s1lG6Ss4. The sales
included $4,000 at 1851, $40, 900 at 6S5s, and
| $40, 900 at $50.
No sales Of City Scrip were reported. Time
is now quoted at l@42% for August to Deem.
| Der, 1878, and July to December, 1874, and 45g
50 for June and part Of May, 1874.
Nothing transpired in Metropolitan Police
| Warrants. They now rule at 69990 for 1872
and 1873 issues. and continue entirely nominal
for 1868 9 and 1912.
No sales of State Warrants were reported
Fundabie are now quoted at 47Gt49; do. MOI
lundable, ct @, and 1874 Issues At 35@i0