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# The New Orleans Banks Suspend, [By Automatic Telegraph.] NEW ORLEANS, Sept. 25. - The New Orleans banks, with the exception of the Southern, have suspended currency payment.
New Orleans National Banking Association (New Orleans, LA)
Episode Information
- Episode UID
182500885- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
18250national - Charter Number
- 1825
- Start Date
- September 25, 1873
- Location
- New Orleans, Louisiana (29.955, -90.075)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
87cdd62d6791a5e0
Response Measures
None
Receivership Details
- Depositor recovery rate
- 62.0%
- Date receivership started
- 1873-10-23
- Date receivership terminated
- 1887-03-21
- OCC cause of failure
- Losses
- Share of assets assessed as good
- 38.6%
- Share of assets assessed as doubtful
- 12.9%
- Share of assets assessed as worthless
- 48.5%
Description
Suspension was a coordinated Clearing House measure tied to the 1873 national crisis; liquidation followed within days/weeks.
Events (5)
1.
May 27, 1871
Chartered
- Source
- historical_nic
2.
September 25, 1873
Suspension
- Cause
- Macro News
- Cause Details
- Coordinated Clearing House decision to suspend specie/currency payments for 30 days in response to the nationwide financial crisis (failure of Jay Cooke & Co.) and heavy currency drain to New York
- Newspaper Excerpt
- it was resolved to suspend payments of currency on all demand obligations ... to continue thirty days
- Source
- newspapers
3.
October 4, 1873
Other
- Newspaper Excerpt
- The New Orleans Banking Association ... goes into liquidation, and will be placed in the hands of a receiver.
- Source
- newspapers
4.
October 5, 1873
Receivership
- Newspaper Excerpt
- The New Orleans Banking Association ... goes into liquidation, and will be placed in the hands of a receiver.
- Source
- newspapers
5.
October 23, 1873
Receivership
- Source
- historical_nic
Newspaper Articles (20)
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# Monetary--Commercial. MONETARY. OFFICE OF THE DAILY REPUBLICAN, THURSDAY EVENING, September 25, 1873. Our financial circles were taken by surprise at about half-past ten this morning by the announce-ment that at a meeting of presidents of nearly all the city banks, held at half-past nine, it was re-solved to suspend payments of currency on all de-mand obligations, in lieu thereof certifying checks or remitting New York Exchange, but with the proviso that depositors might draw currency for change purposes to the extent of $100 each diem. In a few moments the intelligence caused some excitement, but it very soon subsided, and after the appearance of the evening papers, con-taining the official announcement, wh en will be found in another column, the market appeared to be nearly as quiet as if nothing extraordinary had occurred. As far as our observation extended, the measure was received with emphatic approval. It was evident that under the course of the banks and bankers in other cities our city was steadily and rapidly losing its currency, and that serious re-sults would follow if the efflux was not arrested this has been effected by the measure adopted. New York bankers who send notes here for col-lection will be paid in New York exchange. The certified checks are received by all the banks in payment of maturing obligations as well as by fac-tors and all others for cotton or other merchan-dise without any difference in price. In fact they may fairly be regarded as being as valuable as bank notes, representing as they do currency in the banks or loaned out by them on unexception-able security. Of course there's no cause what-ever for any distrust nor should there be any hesi-tation in receiving such checks in trade or are liquidation of debts. It was not only the banks and bankers in other cities who were draining our banks of their currency. Even small shipments of produce were made to this market from the West with instructions to sell on arrival and remit the proceeds in currency by express. It will be observed that the banks which have united in this measure anticipate that it will not be required for more than thirty days, but in the solvent condition of our banking institutions the currency movement may actually be resumed at an earlier date. The Southern Bank is the only one of the banks which did not unite in this meas-ure. It will be recollected it did not suspend specie payments during the war, and now pursues the same course with regard to currency payments. We hear that the savings banks also are paying currency as usual.
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The financial crisis has reached New Orleans. All the Banks have partially suspended "payment of currency upon their demand obligations." This is to continue thirty days.
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THE BANKS AND THE MARKET. On Thursday our commercial and financial circles were literally "taken by surprise" at the resolution adopted by the Clearing House banks, at a meeting at 9:30 A. M., the purport of which is shown by the official announcement to the public which we give elsewhere. While we say "taken by surprise" we do not mean to intimate that the measure was not proper and necessary, and might not have been foreseen by close observers of the movement in other cities. The course of the New York banks for a week previous had stimulated transmission of currency to that money center from all parts of the country; and especially from New Orleans, which was temporarily a debtor city, as shown by the premium on New York exchange previous to and at the time of the New York crisis. The consequence was that, while the movement in foreign exchange was suspended and the offerings of domestic were consequently light, the former being the basis of a large part of the latter, the proceeds of paper sent by the banks of other cities to our banks and bankers for collection were called for in currency. The table of an agent for a Northern banking house was piled up with currency for transmission to New York. In addition to this heavy drain, Western merchants ordered the proceeds of consignments to be remitted to them in currency. New Orleans was thus ciclimized for the benefit of the North and West, especially of New York, and while our banks were never in a sounder condition, and had seldom, or perhaps never held, so little paper that was not unquestionably good, they were compelled to discontinue payments in currency and resort instead to certified checks. We say discontinued, for although literally speaking, suspended may be the proper word, "suspension" is popularly understood to imply a situation which does not exist in our city. No bank has closed its doors; no bank fails to respond at the Clearing House to all its obligations; none refuses to certify checks and charge the amount to the depositor; nor do they refuse to receive such checks on deposit and in payment of all obligations maturing at their
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The financial scare, which began with the failure of Jay Cooke & Co., and spread like wild-fire over the country, still prevails and prostrates every description of trade. The New Orleans banks suspended payments in larger sums than $25 per day to any one depositor, for the purpose of preventing a run upon their vaults, and when confidence is restored and business is resumed upon the former basis the wisdom of this action will be apparent to all. The foolish panic has been the result of want of confidence, and it will turn out that all were more scared than hurt. It is thought the crisis will end during the coming week.
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# BANK SUSPENSION.-- In another place we give the address of the Presidents of the New Orleans Banks, announcing a suspension for thirty days, and giving their reasons for it. Of course this action will produce its effects throughout our State, and cause great inconvenience and distress, which we hope, however, will only prove temporary.
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NEW ORLEANS. NEM OREANS, Oct. 4.--The New Orleans Banking Association, C. Cavarock President, in accordance with a resolution of the Board of Directors last evening, goes into liquidation, and will be placed in the hands of a receiver. Owing to the assistance extended the bank by its President,"the house of Cavarock & Son has also failed.
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FINANCIAL TROUBLES IN NEW ORLEANS NEW ORLEANS, Oct. 5, 1873. The New Orleans Banking Association, C. Cavaroc, President, in accordance with a resolution of the Board of Directors at a meeting held on Saturday evening, goes into liquidation, and will be placed in the hands of a receiver. Owing to the assistance extended the bank by its President, the house or C. Cavaroc & Son has also failed.
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LOUISIANA. NEW ORLEANS, Oct. 6. The National Banking Association, C. Cavaroc President, in accordance with a resolution passed by the directors last evening. goes into liquidation. and will be placed in the hands of a receiver.
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ELSEWHERE. WASHINGTON. Special Dispatch to The Chicago Tribune. WASHINGTON, D. C., Oct. 10.-A prominent Western Senator who conversed with the President a few days ago, represents the latter to be very decidedly opposed to an extra session of Congress for the purpose of having monoy mattors tinkored with. Gen. Grant believes action by Congress will como about soon enough that an extra sossion would CAUSE ADDITIONAL ALARM among the people of the country, as they would almost cortainly believe the condition of affairs to be very bad,-a great deal worsethan it really is; that no effort would be made by the people to improve matters, and themselves bring about a good healthy state of affairs, because they would be in suspense by the fact that Congress was at work with the object of doing something, but nobody could foresee what that something would be. The President soomed to be dosirons of having something doue that would put the business of the country once more ON A SPECIE BASIS: yet he seemed to believe in the expression made use of by Secretary Boutwell in one of his reports to Congress, namely, that apecio payment will como from natural causes and not through any special legislation by Congress. A COMMITTEE OF THREE GENTLEMEN arrived here to-day from Now Orleans, and suecooded in inducing the Comptroller of the Currency to allow the New Orleana National Bauking Association to conduct the liquidation of their banking concern, which suspended Homo time ago. This will obviato the necessity of the appointment of a Receiver, and, it is bolloved, will iusuro a more prompt and satisfactory settlemont of the indebtodness of the bank. Tho Banking Association has made cortain ropresontations to the authorities here, and if, upon examination, the bank is found to be in the condition represented, its affairs are to be wound up in accordance with Section 42 of the National Currency act. Other National Banks at Now Orleans are said to be in a rather shaky condition, though it is hoped they will all bridge over the present financial atriugency. Estimates of THE EXPENHES OF THE GOVERNMENT for the noxt fines. year have been completed by all of the execu. VO branches except the PostOffice Department, and one or two of the lesser bureaue. None ot them have AH yet been footed up, and will not likely be until within a vory short time before it becomes necessary to close them, in order to have them included in the report of the Secretary of the Treasury
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NEW ORLEAS CLEARING HOUSE. Clearings. Balances. October 12 1,151,394 15 67.827 October 20 1,217,803 05 93,447 57 October 21 9,164,825 93 116,913 22 October 22 1,125,971 97 86,418 68 October 23 1,123,681 8% $12,799 46 Thus fat this week 5,843,672 19 477,406 70 5,134,116 69 Name time last work 653 432 13 Total last week 6.167.493 88 196,272 98 Total week before 5,945,736 5F 813,159 22 In relation to the New Orleans Banking Association we learn that the United States receiver. Mr. Case, Was telegraphed from Washington this worning "to hold the bank." The following telegrams were posted at the Cotton Exchange: LONDON, October 23-The rate of discount on three months' bille in open market is 9-16 below bank rate. 3:30 P. M.-Specie in the Bank of England de. creased 227700. Currency was scarce and in good demand. particularly to pay river freights, at 61/2 a: 8 cent premium. G 14 was quoted nominal for currency, and at 114@115 F cent for checks. The only sales reported were $2500 at 110 for currency. and $10 000 at 114 for certified checks. The New York market opened at 108% and closed at 1083 Nothing transpired in silves. Quotations were nominal. The movement in sterling exchange was of life eral extent, and private bills ruled 1 P cent higher than yesterday. The sales amounted to £51,200, embracing 1500 bill of lading at 1174 £10,000 do 117% @117%; £7000 do at 1171 @11:34: £4000 Ai clear at 11734: 2000 do at 1171/2 @118; $3000 bill of lading and £1000 Al clear at 118; & 1200 Al clear at 11812 £1000 do at 1181/2. £3000 do at 1183; $10.000 private bankers' and bank at 119@119% $5000 private bankers eight at 119%, and $2500 bank for remit tance at 1193 The saltes OF franes summed up 145,000. embracing 200,000 commercial at 1.87% 75,000 and 200.000 do at 4.85. 20,000 do at 4.8334 and 250,000 do at At the close sterling bill. were quoted at 113 for bill of lading and Al clear, and 119@1191/2 for bank, and trance at 4.86 z w 85 for private, and bank nominal at 4.80. Domestic exchange continued scaree, and ruled at irregular rates. The sales included $30,000 commercial sight on New York at 4 + cent DICmium; 1800 do and $30,000 do at 11. The bank checking rate on New York was onsettled and nominal, but private sight could Do quoted at the close as 41 @47, P cent premium. In securities we noticed sales of 4000 city gold bearing seven per cents at 59; $1000 do at 59 % and $3000 do at 59 % and $1000 old city SEVED per cents et 54-11 for certified checks.
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bosolos WASHINGTON. Appointments. W ASHINGTON, October 25.-Dr. M. F. Bonzono has been appointed surveyor general of Louisiana vice Foster, and John Cockrum receiver of the New Orleans national banking association.
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NATIONAL BANKING ASSOCIATION. Pursuant to the call of the stockholders of the New Orleans National Banking Association a large number of the depositors and stockholders met over the rooms of the bank last evening. Mr. N. R. Pepin called the meeting to order, and nominated Fergus Fusilier, Esq., for chairman, who was unanimously elected. J. L. Gautier, Esq., was chosen secretary. Mr. Fusilier then explained the objects of the meeting. It was called in consequence of the unfortunate condition of the bank, and the necessity of devising some means for the protection of the interests of the stockholders and creditors. None of the phases of the misfortunes which have overtaken the bank are unfamiliar to those present. Our duty now is to save ourselves and protect the interests of the creditors of the institution It dces not become us to say a word of the winding up of the affairs of the bank-all efforts to secure a fair liquidation have proved unavailing. A receiver has been appointed, and has been put in possession by the Controller of the Currency, Mr. John J. Knox. This taking possession has awakened the attention of all parties interested. It is for them to say whether they will resist such liquidation as has been seen in this city. Past experience has shown what the result would be. The First National Bank has been in liquidation five years, and the end is not yet. The Crescent City Bank for some time, and no dividend paid yet. It is not only that the creditors may lose all that belongs to them in stock, but also be called on for assessments. The object of the meeting was to take such measures as would protect those most interested. The liquidation of the affairs of the bank by its own stockholders and officers would be the most beneficial, as they were the best ac quainted with its affairs. It may be that others think differently. It is our duty to discuss these matters coldly and calmly as business men. It may be proper to introduce here a statement of the affairs of the bank, as shown by the books at the time of closing. Many of these items are in round numbers, it being impossible, in censequence of the unsettled questions of exchange, to give them exactly. The principal features are, however, truthfully set forth. Mr. Fusilier then read the following statement of the condition of the New Orleans National Banking Association:
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SPECIAL NOTICES. Notice.-The office of the Receiver of the New Orleans National Banking Association has been removed from the late bank building to No. 3% Carondelet street, up stairs. JOHN COCKBEM Receiver. aol 6t New Orleans, October 31, 1873.
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ASHINGTON. Mr. Sloan, of Georgia, Gets His SeatNew Orleans Banking Affairs. Special dispatch to the Dallas Herald.] WASAINGTON, February 28.-The house Election committee reported in favor of Sloan as entitled to the seat now occupied by Rawles, from Georgia. There is a minority report from the Election committee in favor of Rawles. The house is considering private bills. John Cockrell, receiver of the New Orleans National Banking association, is here on business in relation to the bank. He states that the affairs of the bank is in a much worse condition than the First National bank of New Orleans.
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BY TELEGRAPH [SPECIAL TO WACO DAILY EXAMINER.] GALVESTON, Feb. 28.-M. F. Murphy, who has been busily engaged for the past two or three months taking the census of this city, has completed his labors for the four wards of the city of Galveston. He finds that it contains 34,350 inhabitants, irrespective of the floating population, which is estimated at 3,500. The census of 1871 showed a population of 12,328, and a floating population of 1,000. An increase of 22,022 standing, and 2,500 floating. Weather clear and pleasant, wind east southeast; thermometer, 70, WASHINGTON, Feb. 28.--HOUSE.There is a minority report from the Election Committee in favor of Rawles. Jolfn Cockrill, Receiver of the New Orleans NationaljBanking Association, is here on business in relation to the bank. He states that the affairs of the bank are in a much worse condition than the First Nutional Bank of New Orleans. WASHINGTON, Feb. 28.-House-The Election Committee report in favor of Sloan, as entitled to the sent now occupied by Rawles, from Georgia. CATSKILL, N. Y. Feb. 28.-The masked mail robber Dennis Brady, was sentenced for twenty years. PHILADELPHA, Feb. 28.-The silk weavers are on a strike they held a meeting this evening X comittee of twenty-one femaley who had visited Shepherd & Bros, BRG requested an advance of $3 per week, who stated that they had refused to comply with their demand of the weavers, and state that they will not return to the looms until the wages asked are acceded them. A Prayer meeting was held in the Baptist Chappel, on Seventh street and Susquehannah Avenue, in the extrema Northern section of the city. At the opening about two hundred ladies were present, Mrs. Dr. French, a well known female, presiding. Prior to the opening exercises, reporters were requess ted to withdraw, and the proceedi ngs conducted secretely; after a long disc ussion decided to commence a crúsade against the liquor dealers at once. LIVERPOOL, Feb. 28.-Noon-Cotton stoadies, Uplands 72d; Orleans 81d. NEW YORK, Feb. 28. Cotton market dull; Uplands 161c.; Orleans 163c. Gold closed at 112}, GALVESTON, Feb, 28.- Cotton in fairedomand; Good Ordinary 131c; Middling 16c. Gold 1112@112.
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of Washington, instead of at establishments in New York or Philadelphia, as heretofore. # REVOLUTIONARY PENSIONS Mr. Sprague, of Ohio, has in charge a bill which he will report upon at an early day from the House Committee on Revolutionary Pensions, and of the War of 1812, extending the provisions of the law with regard to pensions of the soldiers of 1812, and their widows. The provision by which a pension is refused, unless the applicant served sixty days, is repealed by the bill, and service of any shorter length of time will entitle him to his relief. It also changes the provisions concerning widows, by admitting such as were married at any time previous to the year 1825. The bill also contains a section restoring to the pension-rolls the names of such survivors of the war of 1812 as were stricken from them on account of participation in the rebellion, and also putting upon the rolls the widows of such soldiers as have died since they were deprived of their pensions. # THE WORKINGMEN Those widely-known workingmen Roderick Random Butler, of Tennessee, and Moses W. Field, of Michigan, have been appointed executive officers for their respective States of the Order of United Workingmen of America, by E. A. Redstone, President of the National Labor Council. [To the Associated Press.] # FRUIT DUTIES WASHINGTON, D. C., Feb. 28.-The Treasury Department states that the whole amount refunded for duties collected on fruits decided to be in the free-list is $71,000, and the whole amount now due and unpaid is $37,000. # A ROTTEN CONCERN John Cockrem, Receiver of the New Orleans National Banking Association, is here, and states, that the bank's affairs are in a worse condition than those of the First National Bank of New Orleans. # CANCELED BONDS Over $200,000 in Northern Pacific Railroad bonds have been surrendered to the Trustees for cancellation, on account of land sales. # CONGRESSIONAL RECORD WASHINGTON, D. C., Feb. 28. SENATE. Not in session. # HOUSE OF REPRESENTATIVES GEORGIA ELECTION CASE. Mr. HYDE, from the Committee on Elections, made a report in the Georgia contested election case, that Rawes, the sitting member, is not entitled to a seat, and that Sloan, his contestant, is. A minority report, taking an adverse position, was made by Mr. SPEER. The reports are to be called up hereafter. PRIVATE BILLS. Committees were called upon for reports of a private character. ORDER OF BUSINESS. The Patent bill having been disposed of, a struggle took place about the order of business, Mr. HAWLEY (Ill.) moving to go into Com-mittee of the Whole in the private calendar, and A. H. ROBERTS moving to go into Committee of the Whole on the President's message, for the purpose of general debate. After much time had been taken up by dilatory motions and calls of the yeas and nays, Mr. Hawley withdrew his motion, that Mr. Roberts' might be put, and immediately the yeas and nays were demanded on the latter. Then followed a motion to adjourn, but, before that was disposed of, Mr. BANNING presented a petition of the Archbishop of Cincinnati, Gov. Noyes, and other leading citizens of Ohio, for the release of Edward Condon, of Cincinnati, the last American Fenian detained in prison in England. The petition was referred. The motion to adjourn was rejected, and then all opposition having been overcome or withdrawn, the House at half-past 3 went into Committee of the Whole, Mr. TODD in the Chair, on the President's message. Mr. BROWN made a speech arraigning the Republican party. Mr. MILLIKEN followed with a speech against the Educational bill. Several members asked, and obtained leave, to have their speeches printed without being delivered, and then at 5 o'clock the House adjourned.
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By D. E. Morphy. # SUOCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orieans-No. 36,834. BY D. E. MORPHY-A. E. MORPHY, AUC-tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated on Royal street, between Customhouse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following personal effects, or property and real estate belonging to the above mentioned succes-sion- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, being the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the Sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, wave, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late Apollo). Philip, Brainard and Jackson streets, and designated by the Nos. 3 and 4; said lots adjom each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street, by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story frame tenement, covered with slate, with halls two rooms deep in the main building, and roomy back buildings, so far as they occupy the aforesaid 97 feet 7 inches 2 lines, and no farther. 4. A CERTAIN LOT OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and designated by the No. 1. Said lot measures 21 feet 4-3 of an inch front on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-8 inches, between parallel lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said lots measures 20 feet 11 inches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above, and measures 31 feet 6 inches 6 lines front on Josephine street, by a depth of 103 feet, between parallel lines. The improvements on said lots consist of a two story frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a bakery, with requisite sheds. In the rear of the bakery is a small frame cottage containing four rooms, all covered with slate. Terms-Cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. sell 30 oct 13
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By D. E. Morphy. # SUCCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orleans No. 36,834, BY D. E. MORPHY-A. E. MORPHY, AUC- tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated on Royal street, between Customhouse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following personal effects, or property and real estate belonging to the above mentioned succes- sion- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, be ng the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the Sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late apollo), Philip, Brainard and Jackson streets, and designated by the Nos. 3 and 4; said lots adjoin each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street. by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story frame tenement, covered with slate, with halls two rooms deep in the main building, and roomy back buildings, so far as they occupy the aforesaid 97 feet 7 inches 2 lines, and no farther. 4. A CERTAIN LOT OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and designated by the No. 1. Said lot measures 21 feet 4-8 of an inch front on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-6 inches, between paralled lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said lots measure 20 feet 11 inches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above. and measures 31 feet 6 inches 6 lines front on Josephine street, by a depth of 103 feet, between paralel lines, The improvements on said lots consist of a two story frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a baker, with requisite sheds. In the rear of the bakery is a small frame cottage containing four rooms, all covered with slate. Terms-Cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. self 30 ocll 13
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# AUCTION SALES. By D. E. Morphy. # SUCCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orleans- No. 36,834 BY D. K. MORPHY-A. B. MORPHY, AUC- tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated o. Royal street, between Custombocse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following pe sonal effects, or property and real estate belonging to the above mentioned succes-sio- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, be ng the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, wavs, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late apollo), Philip, Brainard and Jackson streets, and desiguated by the Nos. 3 and 4; said lots adjoin each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story trame tenement, covered with slate, with halle two rooms deep in the main building, and roomy back buildings, 50 far as they occupy the aforesaid 97 feet 7 mches 2 lines. and no farther. 4. A CERTAIN LOT OF GROUND. together with the buildings and improvements thereon, and ai rights, ways, privileges and sppurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and des guated by the No. i. Said lot measures 21 feet 4-8 of an inch tront on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-8 inches, between parallel lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city. in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said loto measures 20 teet 11 mches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above, and measures 31 feet 6 inches 6 men tront on Josephine street, by a depth of 103 feet, Detween paralel lines. The improvements on said lots consist of a two store frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a bakery, with requisite sheds. In the rear of the bakery is a small frame cottage coutaicing four rooms, all covered with slate. Terms-cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. selt 30 ocll 13