New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-11-24

SSaIsa.RsI 10


The learn and the examine the different
systems Of banking throughout the world and particularly
United Stees the convinced Of the superiority
supremacy Of the banking Of fsyoe statutes Of
the State Of Louisiana Their superiority squaness Of any
other is challenged.
The courts Of law there great difference very often be-
tween law and justice particularly in regard to financial
commercial questions often make very astonishing decisions
In England appears there which hold stockholders
trausferees and assgnoes be individually responsible
certain amount poporoHaby the of Stock In the
following which alluded the correspondence Of the
Charleston Mercury from England it will be that au ndi
vdua Of credit forced into bauuptcy by being left
legacy shares Of the famous Royal British Bank which
| failed last year:
respectable chemist and druggist armer by namewas
the Royal British Bank institution Of evil menoy, but
thsn e 10 PT9Paf9es ne PAYNE aTgs
stock companies do The relations of the tesaor disputed
Vice Chanseo stuart decided the case n hef avor giving
them the said two shares The egaeg happy in his legal de-
and ID bis blindness appealed against the Vice Ghanceors
liant Ire shares bank time consumed b. Ire
laws delay had pened something than hopeless
soveucy The swndied creditors came down every share
holder who had anything side his kin beyond his shirt and
rapidly succeeding casn those malic swept
away poor farmers stock in trade drugs and chemicals blue
red bottles and an bringing him finally, bankrupt bo-
ease Is singular il tb hat IL did bot % ho tie Speculation
responsibilities fought recover prize ii tie history
q te and unfortunately succeeded His drew down
npey relieved him By its certificate that be finally ruined
ana me bAnk creditors we'll leave him alone
The Louisville Journal of Friday last remarks
The officially regard the tobacco inspections was not
fully settled by the City Council last week il no douSt viii
be its session, which will take place Thursday In
the meantime the inspector elected by Council has con
scented allow inspection to be made BY his predecessor until
the difficulty be finally adjusted and the yesterday
made usual by auction Planters aud shippers need
therefore entertain apprahenson Of finding ready SAFE
and obtaining good prices for the staple
The receipts Of Sugar and MoAses have yet been vev
light and he stock Of old exhausted there has been
very little on the market 10 operate with
Flour continues very dull without any improvement in prices
In Wheat there has advance mills is
paying 9 and lose for good Red and White become
scarce prices beer Prime would now command
45r THERE'S change in other grain
The river rising little yesterday, and
tn hardly enough largest class to
reach Cairo without freight Freights have however declined
The weather for the last days quite cold
thermometer last night below freezing point and yesterday
morning had the first storm, and the melted
fast It fell.
There has been pretty good demand for money and gem
eral improvement in currency.
Our quotations embrace only the wholesale prices
The Pork trade has drawn pretty heavily the banks YET
there lis sign OF scarcity of money, difficulty
gotating good paper An improvement place in
Southern and Western currency Tennessee ouey the
banks Indiana State Bank and free hank Missouri and Ohio
State Bank notes par and illinois discount The
money is raned for hogs in the North States
cotton in Tennessee.
Eastern exchange continues very dull The selling rateis
y New Orleaps continues scarce it is selling at
70 prem The brokers buy Louisiana funds Z prem,