The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-04-06
FINANClAL AND COMMERCIAL.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT
Thursday Evening, April o, 1877.
u,, ra CLEARING HOUSE.
new ORLEANS CLEARING HOUSE.

1cssi week before. =. 9,i9S,s51 46 1.276.474 Al
The money market was unchanged. A far
business was done In Gold at previous rates'
Foreign Exchange was stronger, but the Move-
ment was moderate, with better demano s noa,-
mercial Sight on New York advanced sha a,
stocks continued firm. State Oonsols ana IRE
mium bonds closed slightly easier but q tair
business was done in both. Nienolls romeo ger-
tiacates were stronger for FebTuarys, WINE Per
Diem Warrants were quoted ct . slight decline;
Acreeably 10 the notice OF the Administrator OF
In reoeiye bids for the sale to the city OF
xiotl, o0f OF Old City Bonds, the following were
offered. but refused, being above tho parity Oh
HsIlewege & schaffsr, ten per cents, 1871,
s' Z Newman b Bro, ten per cents, 1871, 5000, at
" i. Newman & Bro, ten per cents, 1871, h1oo,
i. Eswman & Bro, seven per cents, 1870. $4,000,
r Newman a. Bro. seven per conts, 1869. 500,
l. Newman & Bro, seven per cents. 1869, $1,000,
I. Newman & Bro, Carrollton bond. $50, at
+ Newman & Bro, gold certificate, 1896 80, at
Il. Ed. Chapman, ten per cents. 1871, $4,000, at
I'D. Chapman ten per cents, 1871, $4,000, at
ia Tnwnsepd & Lyman, railroad bonds, $4,000, Mt
a3I. -. .. 49,. .on.. 1890
TO. townsend & Lyman, waterwoiks, $1,000, AZ
la ls arande Fournier, gold certificate. s92ei, at
Total amount, ss2,4ss Of.
The Admini,tr OF Finance will receive pro-
posas for sale to the city OF $780, bonds. either
spid CITY or premium bonds, until Thursday noon,
We learn that the conversion OF old city bonds
into premium bonds Ia progressing very. favor
nby. ana that over 800, 6C0 have been exchanged
during the past week.
Wa continue to quote: Exceptional commercial
paper -05 per cent per snnum discount; al
do. o@l0; second grade DO. l2gls , collateral al
Cold opened At i041.o110494, against 1O4Tss at
New York. and after tair business. closed at the
opening rates, against los in that market. The
sales summed up $4,000, embracing $4,000 and
$4,000 at 1O4L, $4,000 at 1o4 11-16, $4,000 at 1O4s
0i0iaa., $4,000 at t04sl0104944, and $4,000 and
Ga 900 ct 104S4.
Foreign Exchange was stronger, but the move
ment WAS moderate. -. an,
bracing E2cO0 Al clear and E2O00 bill OF lading at
60bI. flfOO, f35OO and E450O bill Of ladinR at
508ls fi000 AL clear at SOC, $4,000 bank at $685.,
and $4,000 bank at 50gHs.
The only sale Of francs reported was bO,OO0
commercial ut 4.g6L.
AZ the close sterling bills were quoted at 505L
G1506L for bill Of lading and Al clear, and %
BO9L for bank (bank counter rate at -95l0),
and francs at 4.9711s049GA for commercial and
nominal for bank.
The sales ef New York eight comprised s222.-
600, embracing $4,000 commercial, and $4,000
bank At u ~ cent premium, 100000 commercial
and bank at 9.32, 100000 and $4,000 private
bankers and $20, 600 and $50, 900 bank at 6-l6.
ha bo nh a1 Ia check New York at
" " cent premium, while commercial sight was
quoted at -D5-16, against --l9-32 yesterday.
The following is the official statement OF the
sales reported to-day at the Stock Exchange