New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-10
We annex our table Of quotations this evening remang
hat he hank 4 al urr d.lI .la.rand for chnnks.

The demand checks At the banks very slight
The stock market quiet The sales to-day comprise
lots Of Bank IA sharss $500 and As
shares Canal Bank l20.
regret that the value and credit Of State Bonds
should be s deprecated by authorities One Of
desous OF receiving for circulation rendered two
days since the Auditor at Baton Rouge Louisiana State
$4,000 security for similar amount
eonnegned and regis cred The application was
BY receive the unless at 10 cent dis
count per dollar These bonds purchased by
the bank three four ageost 100 cents per dollar and
have been purchased during the revon Suppose the
no. 10 per premium II is not lawful
to take them valuation and then again. what Is the
vAluef There holders Of State Bonds who
will not sell ihem below There may have been holders
compelled to sacrifice them to raise money There
have been lately this market nothing definite
can OF course be decided market value Is They
held in New York sss "a The last sale heard Of in
Wall si The proposals Of the Auditor to receive
al 20 were refused.
We hear very little the Of Government regarding
the daily action Of our Legislature with exception the
passage through Of the bill authorizing the Citizens
establish branch at Shreveport, little
made bnsfeported by the Committee on Banks
The great inequality in the privileges which the Old chartered
banks enjoy and working under the general banking
s are subject remark The old banks have i'm
nulty from and Municipal taxation The free
banks though present exempted from municipal taxes Jet
have to pay largely the the Southern Bank % $50
per anum The Bank Neworleans $500 the Union Bank
So i06 the Mechanics and Traders s. 02 The Canal Bank
has paid pretty large bonus for the benefit OF the State which
absorbed one-;d OF It's capital ssO00Oo which
never paid any until within few The State Bank
pd ht bonus Of one hundred thosand dollars The Bank
OF Louisiana In OF the State being copropreoI-
enpsd from taxation, and the stock and real estate
or both these exempted from the payment Of any
and from the Of tax laid by any parish
other body public corporate under the authority Of the
The Bank of Louisna purchased out the State interest
and realized by the operation yet the State
advanced dollar cash towards its subscription though
issued sold and answered the purpose From
good management prudent nancerng the profits Of the
bank met the bonds they mainred.
faith Of being freed from municipal capitalists
others Invested largely in the stocks Of the free banks
though that much additional capital has been
brought since the general banking Law
acted nevertheless large have been retained which
might have been distant places particularly the
part capital Of the old Mechanics Traders Bank
the greater part Of the capital Of the Southern Bank
brought and invested under tue expectations Of I'M
uny Banking be called free when Il burdened
with exaeons The free banks assessed last
by city from $4,000 1000 each previous the
i,y b The real estate owned by the banks both State
and city tnSes.