New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-27

The Southern ESnk responded fagorably, and
would grant All Il could. III has never been behind
hand in sting and complying with and Cen
erai Gogarnment Confederate calls and wants. The
old chartered banks did not make any direct reply
as to the amount they could grant. We however,,
Beg leaYe to dissent from the views entertained
ID some Of the replies. We hope the managers Of
the free banks have considered well on the large
aisieunt they win be called On to perform. If the
free banks Will perform what they propose, and
there Is not the least aoHbt but what they viii and
the oad banks carry out their regular movements,
MereswiH Vi no necessity, no use Mhateyer for our
Legislature ID pass the act called the Cotton
Planfers' BID.
The report Of Tie joint committees Of the Legis-
Iatnre Oh banks and banking is before US. 1t app
proves the course adopted by the banks in follow
ing fhe Recommendation of the Governor in sus-
pending ooin payments IN September last The
committee recommend the passage of two acts,
one granting general relief say il susRending
suits ganst them for forfeiture and the other en-
iarging the privileges Of the free banks, OF the,
hanks organized under the general banking law.
These two bills have both passed the Senate or
Upper House, one unanimously and the other with
only three dissenting votes.
The committee also examined the New Orleans
Savings Institution or Savings Bank on Canal
greet, and report as follows:
Your committee also take pleasure in calling
your attention to The report OF the Savings Insttu
zion of the city 81 New Orleans II continues m
highly prospe sous conait ion, as perusal Of the
report viii show. Such institutions, and SO well
managed, are credit to the commercial emporium
Of the Southern Confedsracy.
We add our knowledge with the committee in
favor of the New Orleans Savings Institution. As
before observed in noticing this institution, it Is
under the management of citizens who are above
the wants Of this world and have no other interest
Z than That prompted b. benesolence and the ad-
yanTemelt of the welfare and good of oil who are;
dependent on their labor and monthly salaries for
support of almost nnmberless dependents. There
ase very few branches Of labor, Industry and
mechanism but what can be benefited and pro-
NOTED BY encouraging this institution.
Il NE take the following from the report made to-
the Legislature, December. 1861
e N ssassas 81 Nh ss Orleans Savings
" Ill AniLi7iEs.
Reesfssd fran sssa dsposifers i, Y II
M u. ". va .s5o
Arnsuat ds,a dspostofs Iris day 49, sss5 ssss 81
Standing 2.ooo 90
Total liabilities. s.....:t....s $50 1855 81
Loan pledge Of Bank Stocks. $3.50 -
On 8o5 shares Crescent Eity s.........s8 <
81 shares Citizens Y. 1. - ". :. $50
On 7O5 shares Merchants
4 On "a shares State Bank. 81 Fs@ilE4
On $50 shares Upen Bank.
On ITO Canal Banking Ca.... I3ySs
On ll5 shares Bank of Sewlieaifs. Si4S6l5 So
{ Loans mortgage Of improved CRY
oa:ssd !. Z - Ne 4s445 81
III sIsylzsrMENrs.
SSSGJ0 City Bonds issued to Now Or u
Leans, Jackson and Great Northern 45y
and @paoueas isai3F Cos 66: 900 90
Sfe.rBo g. Charles Hotel I 5scts Mort.
gage dfp,ids cost. 6l.750 90
j Cash IN isauk Of Louisiana, $5l .E4s 30
L Cash In vaults s. 53i 81
r54 q
Total assets: " $780,. So II
{Signed) SAMUE Ell JONES, Ja. Secretary. =
New Orleans Dec. Tth, 1851. 81 ~ 55FssS ~