New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-10-24

Bales of cotton 903 l,6i5 bales, 742
If resident capitaits do not forward and
Investment in the mortgage bonds of the company they N
have the opportunity year. the working powers Of the
road beginning to exhibit that considerable may be
realized from its earnings, which will add greatly the CON
struction account and the recent sale of the bonds Of
pany in London has placed its credit the highest of
road securities
Among the changes in contemplation the transfer the
New ORGANS Saving Institution Savings Bank from pre-
between Caronect and Baronne However much regret
the REMOVAL We are pleased with many Others that central
and convenient a location has been selected.
We truly gratied and think citizens generally
will join with us in the confidence this institution has already
attained with our community The increase Of business for
year ending the Goth September far beyond the fonde
ancipaons of its founders and projectors, it steadily
advancing in the estimation of the public being eu
dance and infringement Of wealthy and influential
citizens 1t is destined 10 be OF the most Important
solvent institutions in this concderacy Its Board of Directors
or Managers Is composed of some Of most
merchants with professional and retired citizens wealth and
euiuenee.
The of depositors on the s0n September 1851 WINS
2Oa AID amount deposit So OOO Tho number of leposors
on the Both September 1856 u.s. full amount on de-
post S520D which is safely secured the best Of local
bonds and stocks. By the of charter and bylaws
the Bank is authorized to receive money deposit Issue
certificates OF deposit for the same than one
thousand dollars drawing five per This description of
deposits has also largely extended for the past oar grand
feature of the increase is in the various deposits from one
dollar to hundred dollars On the next month
regular halyearly dividend will be declared rate Of six
per cent Having frequently urged the utility of Savings
Banks on the notice of the community, oDyines necessity
of extending remarks at this time.
The London Bankers Magazine tor September furnishes
returns OF tbs circulation Of the private on, stock banks
in England and Wales for the month of August last gives
the average weekly circulation Of those banks month
1t will be observed that the average weekly circulation eUui-
Vaent to thirty millions of dollars OF currency:
friVae banks Is SCI, 634
Average weekly circulation. sc 49, i0
On comparing the above with the for the preceding:
month, ending the I'd of August last, it shows
decrease in the circulation of the private banks of III
A decrease in the circulation Of the joint stock 80.
bhkh l,H'S
Decrease on the month ACKNOWLEDGEMENTS. E24i 0j9
And compared with the return for the corresponding period
of last year--viz., September l, 1855, it shows
decrease in the circulation Of the private banks $50
An increase in the circulation of the joint stock banks 1851
r ~, - 80
On comparing The above with the The fixed issues
the appear be the comparative of the circnla
ton:
The private banks below their fixed issues so &C:
The joint stock banks below their fixed issues
Total below their fixed issues & 81, "a