New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-25

.... - ..la. Of socks today to knowsdge
rhsro wee Offers Tho impression prevails that there wiz "
an advance within the co dgs as me current os.
that there Il no bank viii make rcspee'aois oaeu !"
July, that means, it Is sni,Posea' AZ 'Ae '~ - ~
This Is also CUT impression -. "
e some large sales Of Louisiana State skies N New
york an the i7th auction account Of some Of he iree
hs.ksl INDIANA We the sale of ss3Vlo at sa, and
s7sODaiei%. s..,,
W. aded sone short time since to the stock Of The south
am Pacific Railroad which sold by suction on the I'm n
~ Of those subscribers whohad overlooked the import
anee Of paying nsfancs as thsy were called LOT oy
~ rraetor Of he Company We stated that time would
h. granted to several stockholders 10 redeem the oek
which was sd purchased BY those Feeling great interest in
the road The the redemption will expire on the 10th
a next month tAp) The work lhe road is progressing
The results are expected. An the arrange
ents construction and the onays have been basd
IN to the stock those who have aered,
neglected the requirements Board of Directors will find
II for the interest Of all forward ard pay up.
With the report OF Bank Committee to the Legislature
we find the inquiries made Of the several banks regarding
the suppression Of small notes. The bill for the reneon
failed to become law There is great difference IN opinion
among our bank regarding the policy Some OF e
banks have returned their small notes. ana Intent
replace them OF fifty and one hundred dollars ~
have returned large and received small poles
as we were getting along very WE'LL with hves anu
they are not yet sufficiently Abundant to restrain
scarey we think the answer OF the President oil the bank
Of Louisiana to the committee appropriate ana oo '
lion fully. --.s.-......s hiu,s.,,
yerse TO Of small notes based on bonus ID
So \, l. naduterated antibond issuing antirslToad cred
on highpressuts order. I'M unexcsp
onble hard money advocate This Is mcoed question: ana
gives rise to many reflections the system We VIII suppose
Suppose DO bonds in existence or mat our
s,.ta and city were out "a thing likely TO
on security cend banks issue notess There
are States Union that have bonds in existence The
Genen Government time had not bond, nor dollar
in stocks or any evidence of indebtedness out not owing
dollar
whatever dereace Of opinion there may exist regarding
small notes. there be any question but that they
are convenience public We do embrace notes less
than hve dollars. be deemed, and are an unm
gated nui They never allowed in Louisiana never
encouraged excepting OCCASION and by one bank All
that Is wanted to render csrency Of Louisiana the very be
in the world and which will extend to other States the en-
larreen Of the the silver coinage OF the GOV
eminent shall be feceived-ssy to twenty i've dollars
The following is the Of the President Of the Bank
Louisiana; f
Tho Committee asks opinion 8 regards the issue
and ten dollar Ses BY ss ss Of psns sSd The
81 ssns the same have been at head bank f9
sT an sas sss ali 81 n no y
an 2, op01 o sl sS tasSs % notes
tend keep any more specie in the United states and
things are going on we'll Is Ss'' w. Z 81
President Of the Bank Of Lonisiana,
NEW oRrrAss, Feb. 8, lass,
State would be Senehted BY the gradual withdrawal from CT
and dollar notes such as are based up9o "a
ueRe Of municipal bonds, the issue OF which COZ
|, | ssider equally ohtectionable r. NJ. DAVIS.
The Boston Shipping List, Of the 18th inst says
The supply money continues unusually abundant and wit
small supply Of prime paper odering eapiaes ma
very diieult poy their surplus funds This STATE
things continue fer moths until ge or
revival of business active demand Inc rate
for nrs class paper from 67 cent and on eau
obtained from 4Q6 per Just in from Tan
brings 81 800 There little specie shipping
Europe and tho supply likely increase qnie rapidly
merchandise no i'm porance for few day.
Prices Of Manila hemp further materially advanced an
tend been quite active aud has
and other leading articles generally held hrm with Ia
inquiry. N,
Exchange on London very quiet for some days
quote CO day bills at 69sh per cent premium
Paris the 5 i5Q15 M.
0ussY BAGs.The market for ggnny bags continues m
demand. Sales Of 100 bales in bond ~ s4c eas
5 bales IGsc and bales nj lie each, mouths ho'
generally firm at the latter RAE tor stAnus'
weight. 20
1883 lSY
| p.iss .............. Ass so.
| RnnSies .......,.......... $40 Iii
GuxsY oLorH-fhe market continues quite Hrm for n
article hut the price. has tendency to check transa
tons small lot Is lbs sold at &c., equal ia 81
Imports from January TO March Is. "a,
1883 ls5
Bales. 'ff@t