The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-23

The above statement shows large increase in
currency and deposits, and confirms our reports
during the week, indicating an increasing ac
cumulati OF money seeking employment. The
discount demand at the banks was quiet to-day,
almost to the point Of dulness, and on the street
good commercial paper WAS III request with few
offerings. fair movement was reported in
Foreign Exchange, New York sight was in de-
| mand and scarce considering the extent Of the
cotton movement in the past three days. There
fair inquiry for favorlte Stocks, resulting III
| the transactions reported below.
| City Bonds showed hrmer feeling, and Pre-
| MUM Bonds were quoted az an advance. New
State Consols were less active, although the
! movement embraced a few large sales. They
were quoted lower at the close.
| We are informed by MIR. F. F. Case, Receiver
| Of the Crescent City National Bank, that divi
dend Of 10 y cent will be- paid to the creditors OF
this Institution on and after 81 inst, making the
| total dividends paid GO y cent.
We continue to quote exceptional paper at SO
| 8 y cent per annum discount, Al do al LOG,
| and second grade at 120ls. First-class mort
CAGES still rule at 9@l0 ~ cent per annum;
second grade continue entirely nominal.
Gold opened at 1127s0ll31s. against lib at
New York, and after moderate business closed
at the opening rates in both markets. The sales
| summed up SAL 900, embracing $1,000 at 1929,
$4,000 at 1l27s, $1,000, $4,000, $1,000 and sl2,ooO
| at lib, and $1,000 at 1875
| No sales OF Silver were reported. American
half dollars are sill quoted at 1O5s4GglOGl4,
and Mexican dollars at ,9s1s@,7, gold;
| Owing to a more moderate demand, Foreign
| Exchange ruled shade lower. The movement
was of fair extent. The sales of sterling COM
| prised f55, 800, embracing $1,000 and $1,000 Al
| clear at 5.42, $500 and f2S 600 do at 5.42g
5.421a, $1,000 Al clear at 5421aa, and fSU00 and
$500 bill OF lading at D. 42G9).43
| The sales of francs amounted to 400, 900 COM
mercial, embracing 1900 at -, $500 at 1859
| 0I4.62La, $4,000 and 100000, at 4.63a4.
| At the close sterling bills was quoted at 5.416
| 5.42Ls for bill of lading and Al clear and "a
/ : ban thank a IA
francs at 4.632 4Di62laa for commercial and noml-
| nal for bank.
The offerings of New York sight were Of fair
extent, and met fair demand at previous rates
| for commercial. The sales comprises $50, 900,
embracing $4,000, $4,000 and $4,000 private
bankers at g II cent discount. SIS, 900 and $780,
600 commercial at IL 80, and SIS 600 bank at 5-6
| The banks continued to check on New York
at IA Il cent discount, and CONNER ;lal sight was
still quoted at 80.
! The sales of Stocks included shares Merchants
| Insurance Company at $40 50, 232 Jefferson City
| Gas Light Company at s32. and some Sun Mutual
| Insurance Company, of which the particulars did
| not transpire. Also, at the Stock Exchange. 3S
shares Jefferson City Gas Light Company at s32;
| yesterday. not before reported, 90 shares New
Orleans Insurance Association at $50 so, IS "a
resale) at $40 TO- 1877 at s2l and l37 "a resale) at
! s21 25; also, share Varieties at
| We noticed generally better feeling in City
Bonds, particularly in premium issues, which
were stronger, being quoted at 3OG31, against ~
| 0l30l4 yesterday; while Currency Seven Per
Gents continued to rule at 3OoG312+ for old,
| and 300 for new, and Gold Bearing Seven Per
Cents at -0G32 The sales included $4,000 pre-
MUM issues at 800 and $4,000 and $4,000 at 30A !;
also, at the Stock Exchange, $4,000 do at 30,
| $4,000 at 3O1 a. and $4,000 at 30la.
New State Consols exhibited less activity,
though few large sales were reported. The
market closed 1a@124 u cent lower, being quoted
from 67s44016S11a against 6S114og60$4 Yesterday.
| No sales Of city Scrip were reported. Time is
now quoted at 4iGl45 fer August to December,
1873, and July to December, 1874, and i9@5l for
June and part of May, 1874
| Nothing TRANSFERRED in Metropolitan Police War
| rants. They now rule at 90W9ola for 1872 10
and 1914 issues. but continue entirely nominal
| for 1868 SO and 1S7l-72.
No sales OF State Warrants were reported.
Fundable are quoted at 4GG1is, not iundable
| at q, and 1874 issues at 35GSi0.