The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-03
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN.
Wednesday Eve ming. Feb. 2, 1876.
-~u nDv = No ~ - S4u1 uOv1or

The market vas generally quiet, and very little
demand for Money WAS reported either in banks
or outside. There was considerable movement
in Gold, notwithstanding the interruption OF the
regular New York kilograms Sales OF Foreign
EScha &c were liberal at higher rates. New
York sight was in limited supply, and held at
rates winch appeared to offer little inducement
to buyers. Inere was less inquiry for Stocks,
and the movement was consequently light. New
state Bonds Were somewhat more III demand and
stronger. City Bonds were quiet at about pre-
viOus rates.
The case Of the Maenh4ut heirs against the
city was eaealn before the United States Court
this morning, on al application by the plaintiffs
for modification Of tie order recently made
upon the preliminary hearing. Judge Woods de-
clded to amend the decree and the injunction,
and an order was accordingly made, directing the
payment OF the overdue coupons from the funds
deposited to their credit. THIS order, We learn,
applies only to such holders as are parties to the
stlt, or may be made such. We also leai tn II 1t
" proposed to make other holders parties who
may by DESTROYS OF uniting for common object,
and willing to compl with the Obligations
assumed be the plaintiffs who have 80 far carried
on the suit.
We continue to quote exceptional paper
at - as u cent per annum discount, AL do at
9@1i0, and second grade nomi lal. First class
mortgages rue at 9DlO II cent per annum,
while cond grade continues entirely nominal.
Gold opened at l13@ll3I, against ll314 at
New York, and ruled at the opening rates
throughout the day, with no further dispatches
from hat market. Inc movement Wa large, the
s.l,s summing up SAG 900, embrace $50 900
at lib, $l4 900 and sG0 600 at 1131 5000 at 1lSs
oil 4, aud $4,000 ana $1,000 at ASA.
No -a.es of Silver We're reporteu. American
half dollars were still quoted at lO41aDlO5H
and Mexican dollars at VI "a, gold, TOR new and
923I, gold, for Old.
Under the Improvement in Gold at New York
sterling improved l1ac, equal to $40 u cent, and
francs "a u cent. Inc movement ID me former
was liberal, the saies comprising fS7, .OO, en-
bracing $4,000 bill OF ladlng and fzOO0 Al clear at
5.45l. E 800 and fSp00 bill Of ladlng and $4,000
and tl5O0 Al clear at s. 6, fl5,000 and f45,0OO
bill OF ladlng at 5.46@5.4oH1a slOCo Al clear at
5.4611., s25o0 bank Al 54y11as, and flO0O bank at
50.
The sales OF francs were confined to 100000
commercial, embracing $1,000 at 46OT, 25O,0OO
At 4.tO% 01i6O and 100000 at 400.
At the close sterling bills were quoted at 5.45L
@5.461a for bill OF lading and AL clear, and %
$50 for bank (bank counter rate -G3.5l1 ~, and
francs at AGO for commercial and nominal for
bank
Owing to limited offerings commercial sight on
New York advanced l-16 u cent, and several
banks checked e d cent higher than yesterday,
The sales were confined to SlU0, OOO. embracing
$25, 600 commercial at 3l6 u cent discount $10,.
coo do at $50, $40 900 and $4,000 do at "a aud
S25 900 do at l. 6. We also noticed Gales OF slO-
900 commercial on Providence at % b cent dis
count.
The banks checked on New York at "A y cent
discount q par, against u u cent Yesterday, and
commercial sgnt was quoted at 1sgl-l6, against
3.l6@H yesterday.
The sales of stocks included 46 shares st.
Cha rlas Street iailroad Co., in several lots, at $73
and sun Mutual Insurance Company, and rs
State National Bank at Also, at the Stock
Exchange, 80 -hares New Orleans Insurance
Company at $50 ..
civ Bonds were quiet but steady, being still
quoted 32@321a for premium issues at 1aG32
tor (old) Currency Sevens, a. 32(G3zls fOr tuew!
do, at 321sGl33 for administration serles), Gold
Bearing Sevans, and at 32s (G3314 for drainage,
do. -
The sales included $1,000 Premium issues at 80,
S50Oy do at 3z1l. S7GGO City Gold Bearing Sevens
administration Seriesj at 3>1s $500 90 DRAM
age) at 3.sl and $1,000 and $50 0 do at 3d.
New State Consois were little stronger ana
more in request than yesterday, and we're GU tea
at 67n57L at the co-e agalns ~ YESTERDAY.
rhe sales com prised s99OJU, embracing $lO.OtO
and s24, 100 at 67, s20.0U0 at 671s and s25' W ST
6,lL. Also, at the stock Exchange, sl0,Ooo az 81
ana 5000 A. Ga.
No sales OF City Grip were reported: Time Is
now quoted at 43(c44 for August TO December,
1873, and July to D. cember, 1874, and 49oSoi iof
Jun and part Of Nay. 1874.
Nothing auspired in metropolitan police "a'
rants. They now rule at 9OtG3l 1or lofZ-|5 ara
1874 Issues, but continue entlrey nominal
f,r lSbS-69 and lS7i-72.
No sales OF State Warrants were reported.
Fundable are now quoted at 46l4S do not fundA-
Vie ~ @, md 1874 issucs ~ jSXU.