New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-08

We learn it is in contemplation to establish another
Bank in city with branch in the fourishing village
Of kgers The movement think. leans towards ex-
tending facilities for the progress of the opeousas Rail-
road The plan suggested is very desirable one and
which merits the consideration Of all friends Of inter
nal improvements. The general banking law presents
every desirable facility to carry out the suggestion not
withstandng the intention may be met with the obec
tion that shere Is suciency Of banking capital already
for the wants Of the community yet there is no bank but
what has full requirements for all its capital resources
though they may at the present moment be pethoric
state yet the managers to think divert any part
of their to the aiding Of Railroads would not DO
compatible for the demands Of the commercial commu
nifty then 1t behooYes the patrons Railroads to under
take to secure facilities which will tend to remove many
obstacles under which they labor.
An additional million Of dollars can be readily and anc
sesaf1y employed in promoting railroads For this
purpose It has been proposed to incorporate bank which
would absorb from half million to three quarters Of a mil
lion Of the bonds now held by the two roads, and on
matursly considering the objects we have no hesitation
Of withholding cur assent to the contemplated measure
and thnk bank under the guide and management Of
old and esteemed citizens Peter Marcy and william
G. Hswes will carry with 1t the best wishes and feelings
of the community and hope will have its dollars ALSO
have again to call the attention of our readers to
the increased business two great Railroads In
our last published the statement for November Of the
0pelousas road. We present that of the jackson
which shows increase in the gross recspts over
the month of 1854, Of within fraction of eighty
per cent? as follows:
Earnings Die Netg Orleans, Jackson and Great Northers
Railroad jor the month Of Noremdy, 1856
Nov 1ss-For ssou 90
FL uassa States Mail e
s'' l''4Es; LES. '9 sIs I
Increase, Nov 1855. SO
It will be observed there is increase of
one hundred per CT extend the road to Jackson and
how much more would the increase be is natural cues
tion and might be answered about hundred per cent
Among the articles transported last month were 1878
bales cotton Az head cattle 75o kegs tar cords wood
325 head sheep and Chickens turkeys potatoes lumber
and many articles too numerous to mention and with
the great utility which this road Is destined be to New
Orleans we observe most objectionable apathy and
ukewarmness the part of the reputed men of wealth
and property owners in city.
Stocks Of all kinds have firm appearance though
Railroads continue active yet the feeling in their favor is
on the increase. The sales Of the week comprise 90
shares Gas Light at III 100 Union Bank at 100 to 1ol
40 st. Charles Hotel at IL Commercial Water Works
at 49, Bank stocks are firm at quotations below
Canal being held by at outside rate say at
LIS. There is disposition eynced to take Ia Bank
of New Orleans Is advancing 1t is good for five per cent
dividend next month and is held by parties at es
The Citizens has reached high price, 1856 being refused
State has also advanced and the Bank of Louisiana Is Of
course not the market. Mechanics and Traders,
quiet aud jogging along in its quiet transformations way
good for five per cent. dividend next month.