New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-11-27
Sgeh ORLEANS N(outy Alarket,
CRESCENT OFFICE, No. 10 Camp Street,
Wednesday Evening, Nov. 26.


The general market rather quiet than otherwise The
rails on the Banks were heavy their income On the street
there negotiations OF twelve months paper III round sums
at per cent competition between the Banks and various
ASSOCIATIONS that discount paper increasing and there ap
pears to be good supply Of money seeking employment
might be good policy for leading to take INTO toerh
ton popey of increasing the banking capital OF the city
bv the organization Of two more Banks There are
abundant requirements organized and associated CAPT
tai The bsne the city increasns and it not supposed
that fifteen millions Of capital will be sufficient for the same
this time as two Although twenty years
ago there Banks doing business in the city under agFe
gate capital of fifty millions of dollars, when the gross value Of
business of the city did not reach ono quarter oil last year
We learn the premnares asr for the immediate oani2a
ton another Bank under the general banking Ia" oil the
State conceded by the most practical business men Of the
city that there is ample room for the employment OF tce
millions more associated capital
stocks to-day of the sale of IA shNres Louisiana
State Bank 40ta and in bonds the sale OF oO old city
make drawing Ave cent interest," due in 1861 issued to the
old Nashville road company private tersllot issued on
private terms, hut sold on PIT
The general Exchange market quiet to-day Drawers OF
sterling remittance asking Slgo3a and the Union
Bank g. the market weak Dealers only
paying SS4 for the best OF signatures Nothing OF moment
aspired in bills OF ladng Francs Offering freely anu
heavy at Bank drafts held at $50 on Paris d
The of the market is from 5Oj23A, the latter
figure. Northern funds, sight and short sight,
plenty, Banks checking u cent discount Outside
the ranged from 5s2 discount. Three days sight sold al
l5l6; five days sight per discount, with an album
dant pplymore than could be absorbed i'll two days Sixty
sight ruled from 2t92% discount, with only small
Offering There something not be made known TO the I'M
initiated in so much snort Sight exchange Offering ana so mode
rate Of time Or 60 day bills.
w h,,, ,r,,i, r.,.,.u. o., A., ,.o,io. 80 r. ,. .
VIZ navy "t'"s" eq"e"tS " WIG eA''1'Nono saver ~
Europe and the constant and increasing demand for the East
India trade Congress might again be called GU to take
tu''e1 " ~ ' ',, s''n'se y! "AAoE 'Nt'n't te"uc'
lion III the sahuaro me New York fo Of the lIh instant,
says Empire City sailed this day having on board
;ot,. borvopd .,,,,ars in a,rsrr,r ,;r, ~ AZ, ,i.
'e"'s ~ ~ " ~ 81 '' 1. ''ia S"'t''cll
is not exaggerated or some error IN me amount will
long time to create scarcity Silver coinage i'll this city,
ns - ~ ~. t,o IN CHI, ,h, sauna as t,,o ola , -
pAtes iasS ~ ~ t ' " N ~ ~ , o'''se o
SPAN at Twelve ana h'h cents o"ch we eNNNeA few
weeks would be exported
as he demand for Mexican dollars and other pure coin enhanced
~ -. - = -. -, ~ ~ go ~,
the rate 10 an equivalent OF per cent premium over our legal
of gold. Such being may expect
see tine silver conage uder thp scr Of ASA gradually