New Orleans daily crescent., 1857-04-17
gtb @rlfalls Iloneu MlarAtt.

Thursday Evening, April l6, 1857. 5
The calls on the Banks yesterday and to-day have been
heavy for the income and the year There
only one Bank dscounng to-day and than half of the
offerings had to be given the by At the time the
Bank largely in line but feel Inclined to keep
within the limits Of the law which going into force shortly
OF blame attach them for discardng tenders
for discount with law suit and penalty impending them
On the streets there few transactions Some sales
of the highest grade of made at per cent and
good Of long date at 10 cent There did not to
be inquiry short loans to-day yesterday and
previous opinions that the
in only of the stock Of cotton easy
money market may be expected. \ Ea
The purpor of the financial intelligence, brought by the
Ericsson placed before readers this morning. The
important the of the suspension in
able paance-but will call II failure breaking up-o
house Co.. long and well known being connected
with American affairs The old house of Wells Greene
the bankers and of most Of the Americans
who visited Paris correct the
partners died many years SINCE and the widow them
married French count who had brains but less
money and of the senior Mr. Greene conducted
business for several past Hundreds the many
leans who have been visiting France for past either
for pleasure in the habit taking
credit this house. and deposting their funds for travelling
purposes, drawing they wanted The impression that
Americans involved in the misfortune deprived
of their which will considerable
for foreigner might well be without brains
without ready or facilities Among the sufferers
learn there several Lousanas. Other than the remarks
occaS10ned,
We learn Of the sales Of 100 shares Bank New Orleans
Stock at lOs1s and 50 shares at 100.
The sale Of town lots in the town of Bashear
nued day The bidding spirited and there doubt
town will be started which confirms the Importance Of rail
roads.
The Exchange market stiff to-day, and clear sterling
914091 though the extreme from $40
~ We heard of sales Of Importance above 9i Nor did
learn anything being done in bills of adng drafts though
negotiations astir at 81, with drawers holding at So
stiff without any sales Of note being made.
rule from ls and fraction in
instances New York funds rm the Banks selling checks
the at X cent premium Outside the rates
ranged from 1h; sixty days bankers bills 1l1 discount
good fair commercial bills 1@ discount and the market
closing rather firmly though heard of sales of Trea
sury New York at Il premium. We hope the
Treasury not going to enter the exchange market
again. yet have had inking Of it for time past
The Legislature at the last session, authorized the following
citizens of New Orleans viz: John B. Camden, Moses East
Greer b. Duncan Thomas Soo, J William NJ Perkins,
Richard Robertson p c. Wright Denis Cronsn and
L. Forgay to constitute association under the of the
Savings institution endure for twenty years
The business of the bank perform the duties of what its title
imports receive deposits Of dollar and upwards
the by check otherwise without the authority of
of the husband of married
all of ney deposited The
very liberal in its provisions and conforms in respects
the charter Of the New Orleans Savings Institution We
the Directors will organize at and while this before
call the attention of the public, ALL statement
of the Boston Five Gents Saving Institution.
One of the prominent features of industry thrift
Northern States is the and increasing money
accnmulang through Savings Banks We have
report of the Boston Five Cent Savings Bank on the
7h in from which gather the following interesting
ent being from the third annual report the directors
When is considered this the institution the country
organized receive deposits of small cents
and the deposits reaching S00 in three years. the face of
great competition, it argues well of any community, showing
frugaty aud to prevail. No wonder is dis
nguhed for rich men and merchant princes The
OF ssyRgs % Banks s M IN Psraon pc il this
quarter Of century only one has SO large number of depos
whe facts s ss
guns ia Of its founders i hoped they win
the has already earned and to increase its
The investment of its funds claims especial This
to be matter Of vital Importance the
itors and the community have right beu informed The
fthfaness ability The Investing Gommlttee have not
allowed be tempted into doubtful
ered principles which financial experience has ap
ston Of the institution hey have in ali cases
taken security for their loans ample in amount and
that 5gs portion on Of hs loans on real estate
eSs II any ou mas been lost and no loan con
The increase dividends four per cent per
pss1e oonsdsred 0Hs equ
That feature institution which provides for receiving
deposits Of very small Found to be useful the
most neededn the young and Of limited aean
Otherwise have spent in useless and unproatnbe
and from the smallest beannngs quite handsome have in
The statistics of the affairs of the Bank follows
NOW gh i S e. nSs s
sias II the city and $685. residents
The number q T saat dspSsOrs rs is s5s minors
lsborers 7ss MERCHANTS 2ls servants and walters
5 a'st u sr1n M ns sn
others whose co are not l known @