New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-02-16

III. Investigating COMMITTEES has completed iabors, and
e szpsctsd y 3 presented 2 tho 4
4 e.sly a. The Banks with exception, within the
ru,s etshsd BY Board Of Curenoy and tho construction
Of tbs and with expected additions to the specie
basis NJ look market for tho balance Of
hs There million two hundred and my thousand
dollars ordered hithers BY the Csens
Bank, $4,000 Bsnk Of Lnusans $4000oo; Canal Bank,
ssooO00; Bank Of New Orleans Banking Houss Of
James Robb Co., $50 600 State Bank $D000o This will
enable machinery Of finance 10 work on very we'll We
is,ru th,rs II, orders in o for specie we presumed
70 b for SONS Of other Western Banks rev
half dollars in silver WILL in all % the ex
orders though trader leaving will take more
gold With the foregoing accompaniment there have
been during tho week heavy Of goods hardware and
groceries there hardly branch Of business but what
has been very active Wholesale and retail II 10 really crafty
ing observe the aida walks Of our heavy Wholesale dealers "
we'll and pretensons occupied with the
tonnage OF marked for almost village Of
note in Texas particularly Western Texas North Western
Louisiana and Mississippi It will not be
ere tho entire increasing and to DO popucu
tons will center altogether in our city All the
productions the chief in particular have TO come to
this emporium for Market and the proceeds ought be In
We however, gaining and more Of this
Of cotton from Memphis via the West for Eastern cities will not
repeated who cotton icebound for weeks
the shipment Of merchandise for tho borders Of the Mss
pp river be made by the of the Ohio river to be detained
months low water The Charleston and Memphis railroad
will be opened and the greater part Of the Chattanooga
trade termed will all probability DO directed this market
via Memphis and then via Jackson railroad Everything
looks encouraging and hopeful for for the future based
the mode Of business is in city the wholesome rule Of
soundness and sody sustained by specie basis and
by Of the admirable systems Of banking extan
that is surpassed by other and equalled by few
The weekly statement Of the Banks rendered this morning
shows variations for the week. 1t appears that there
only Of the Banks which hare added to their Exchange
during the week. viz the Southern and the Union Mes
Of Banks which Of rule week. under the
prescribed the Board Of Currency and generally construed
have with exception placed themselves in line and think
1t will be time before they will be caught again outside
may presumptous intimate all dependent
banking facilities to prepare accordingly 1t will require al
the coin which has been ordered maintain the Bank within
the Bank Act and unless there should be abundance
money from unexpected 1t will be late in thu
season before majority Of the Banks will be in condition
the long line in dead weight consequently will
rely much long being discounted for
months. Il is however matter of little Importance for al
long dated paper particularly Of high grade is readily dis
counted through brokers the Of interest per cent
which the Bank Of Louisiana and the State Bank authorised
4 10 bv "