New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-01

change hundred thousand dollars of bonds Of che State
excanee ether bonds such by the Audi
the STATE security issues BY the freq Banks Pro-
sse but they not coming up to the views Of the
State authorities they were rejected fgies5
The important transaction was the sale Of
the mortgage bonds Of the jackson Railroad Com
psny drawing eight These taken BY numerous
parties In city In from two Thousand dollars up to
twenty thousand doilars- By no.oral set, M James D.
Dsnegs acting for and in behalf Of the Citizens Bank s ap
pointed General Trustee according to the following resolutions
Of the Board Of Directors Of the Company
Whereas Orleans, jackson and Great Northern
Company ssued three Thousand bond. q 9
inter he rae Of eight per pei payable semi
she IT, 9s m aa 1t 81 as
mortgage Railroad of the Company from New Or
s s.
sa ed o. %
Fund for q The aud also
m, President =, s1.ea,s
!,
s @ interest," q 5 s % bonds NOV opsg
h. ssss5 5 1t .ss. Il e. sss
Per sssHs
Citizens Bank Of Louisiana to the payment Il the interest
coupons and he expenses thereon n
ber 1866 and on the last DAY the every Yea.
sss Sa n s as gs Ct lie as
as BY The Sk h s
full maturity all the first mortgage bonds then outstAud
ing.
Another important transaction was the Commits
soners Of the Consolidated Debt Of the city OF $4,000
bonds of the city IS for 100000 and 100000 at
g. The total offered 81 2OO Another sale OF
S6s 600 April the Commissioners On the
August 10000 Of State bonds were purchased by the
State authorities at S93s
From time to time there have small chang
ing hands, But all ALL hs feeling towarda
| fnke The
greater investment during ths year
SO long obtained rates ranging from sg2 pei
preference will be given to 1t over bonds or ans
other description of securities, real estate.
The bonds issued by the State the city
the Railroads punctuay and faithfully paid and will
without doubt, continue to be 80 psid
Bank stocks during the months have been mac
Paper Offering capitalists greser Earl,
year large parcels of the stock Of the Bank
held foreign placed the market
n sold high prices There also some two thouan
Canal Bank sold for account the margin part
which taken in New York The stocks Of these two Bank
very uniform and steady throughout the
close Of last the stock Of the Bank Of Louisiana
g selling $780, and the Canal ls@l19 The stock Of tn
Bank the time at no. 1t has been gradually u
considered equally profitable its long tried
rs able contemporary, the Bank of Louisiana a ..
Bank Of Louisiana is still under the guidance Of the col
seryave principles which have attended the administration
years past in the number of Banks in the ci
has drawn of its business The directory at tim
for adens to old fashioned ideas OF ban
~ ing majority of Board is however, largely interest
in rea, estate in CITY, and believe they regard the
perity of the Bank with the welfare and geasn
of the city, progress be sweeping abe
with SO much rapidty that old land marks becoming
~. liberated
The State Bank the change in its general manaSeme
in 1882 has largely EXTENDED operations Is is ably and
fully conducted will undoubtedly hold its high and
TO msndipg station well conducted institution, and
undoubtedly hold its high and commanding station The pro-
'p- for the last year l62s per cent.
Z" Exchange very uniform until the Odd OF Augt
when sight funds cities stened at Il premu
"" the current rate the first having been from 4 to
premium Sixty days bills after being maintained for SO
in DAYS lzlk n for choice bills, became heavy VII
good prime and fair commercial bills declined to l
per cent discount Sterling held firmly aso but has g
aud way this and closes dull ct to dealers and
the to remers though Bank drafts pretty firm at gO
MUM Francs have varied very little for the entire mon
9k ranging at about of 552l = to 5l64 and 5l5
With good bills direct the Union Bank selling at 5l3
her 5l25 Time exchange New York. well sterling
in been sepsbly effected by intelligence received during
week the future the Ohio Life Insurance and Trust CT
emit many and other parties New York. The commooa or
element will be only short duration Up to this MON
there has not been any intelligence received of the exten
emit the panic other what has been obtained through The
ent. dunn Of the telegraph.
eh The position of the the last Saturday of this
ent Augus with comparative position for the years 1855
ent 1853 Mt The same period will be found in the following hsu