New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-12-03

In other miscellaneous stocks no transactions
There has been very little doing in uncurrent
money this week, and we have no change to note
in rates. The offerings are restricted. Our brokers
and dealers on Camp street are prepared to take
all that is offered either in bank issues. foreign
coin, bullion, or anything in the shape of money,
even Japan currency is purchased. The receipts
of specie this week have been very limited Dol
lars from Mexico to the amount of $4,000 COM
prise the amount. In American silver coin there
has been no change. The amount offering is not
large, and there has not been any accumulation of
half dollars. The brokers purchase at dis, and
sell at the best rate they can above.
Regarding the issues of the banks of Georgia,
the Governor of that State is unnecessarily harsh
and severe on them, though perhaps the wild cat
currency in that State, which have been owned by
new tangled tinanciers, residents in Northern
States, merit his structures; but the Governor con-
POUNDS the good banks with the shin plaster manu-
factories, and recommends in his recent message
to the Legislature p" revision of the criminal code,
to the end that the suspension of specie payment
by any bank of Georgia shall be deemed conclu-
sve evidence of fraud on the part of the President
and Directors, and Furnishes the officers of the bank
permitting them to show that it was not a fraud"
But Governor Brown is not so well posted up in
regard to banks as though he was few years
older. 1t is presumed his antipathies to banks en-
braces all of every kind. For instance, the old
bank of Augusta and the Planters Bank of Geor-
gia have been in existence for nearly half CEN
fury.
A Milledgeyille paper remarks on the application
of the stockholders of the Planters Bank for re-
charter as follows:
n s e fsf ISL s ID IA. any % RGk tn an
Government, and SaDCU advanced The L. $.
Fs,aa S SS as s ak 'a sa1as aa" a ] il he
sras he anf wa 'S NIB ' 'sI L l" q
the bank was connenas and cedmble. This banks charter
siby 10 The amount Of his stock for Inc banks Indebtedness We
mus, haze banking l sc lot y yet do w" them
worthy of public confidence.
1t is hardly conceivable that there should be any
opposition to the rechartering of old and welltred
banking institutions, particularly when the indivi-
dual liability clause forms one of the fundamental
provisions of the charter. We also observe bill
has been introduced in the Mississippi Legislature
to suppress all bank notes under $40. 1t is hoped
no such bill will become a statute. 1t will only
form subject for laughter and ridicule. Is it to
be supposed that any resident of Mississippi having
anything to sell will be guided by any law or sta
tute regulating what he shall receive for it? As
well might law be enacted regulating the price a
planter might sell his cotton at. We have heard
an immensely of talk heretofore about metallic
currency. Admitting, as we do that the small
note currency under five dollars is an intolerable
nuisance, and which ought to be replaced by silver
con it will be time enough to restrict issues of the
banks over S., when Congress passes an act in
creasing the amount of the legal tender for silver
coin.
We append our usual weekly quotations OF coin
and uncurrent bank notes, being those of John
Wood K Co., Camp street. -.=0=
fGt prem