7560. Bank of New Orleans (New Orleans, LA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
December 18, 1867
Location
New Orleans, Louisiana (29.955, -90.075)

Metadata

Model
gpt-5-mini
Short Digest
9c898463

Response Measures

None

Description

Multiple newspapers report the Bank of New Orleans discontinued business/suspended on Dec. 18 (1867) on account of depression in trade and that it resumed in the ensuing month. No article describes depositor runs or panic withdrawals tied to the suspension. I infer a suspension followed by reopening in January 1868. Dates are taken from newspapers: suspension dated 18 Dec 1867; reopening reported as resumed in the ensuing month (Jan 1868).

Events (2)

1. December 18, 1867 Suspension
Cause
Local Shock
Cause Details
Discontinued business cited as due to 'depression in trade' (general local economic weakness), not due to rumor or government action in the articles provided.
Newspaper Excerpt
The Bank of New Orleans has discontinued business on account of depression in trade.
Source
newspapers
2. January 1, 1868* Other
Newspaper Excerpt
suspended active business in December, but resumed in the ensuing month. Its stock has ruled considerably higher since the resumption than its ruling rates before the suspension. (report noting resumption after December suspension).
Source
newspapers

Newspaper Articles (22)

Article from New Orleans Daily Crescent, March 3, 1866

Click image to open full size in new tab

Article Text

Few Orleans Daily Quescent. New Orleans Money Market. CRESCENT OFFICE, No. 94 CAMP STREET, Friday Evening, March 2, 1866. The most prominent feature of the movement in financial circles to-day hasjbeen the decline of fully one per cent. in rates of Gold and Foreign Exchange. Gold opened dull and drooping under advices by telegraph of a decline of nearly two per cent. in the New York market yesterday. Offerings were very heavy throughout, but the demand was of an unusually restricted character, and the operations for the day have been limited to the following amounts at the prices annexed, viz: $5000 at 135;$5000 and $5000 at 1343/4; $20,000 at 134% $1000 and $10,000 at 134 1/2: $5000, $6000 and $17,000 at 1343/5; and $1000, $2000 and $3500 at 134. In Silver the only sale of any importance that transpired was $2000 American halves at 131. We now quote Gold at 134@1341/2, and Silver 130@131 for American coin, and 134@135 for Mexican dollars. Dispatches quoting a slight reaction at New York were received during the day, but failed to check the downward tendency. FOREIGN EXCHANGE has been very flat to-day. The market was more than amply supplied to meet the most general ordinary demand, while the inquiry was at no time much better than nominal, as nearly all the principal buyers still ab. sented themselves from the market, owing to the unfavorable tenor of New York advices. The transactions for the day have been restricted to the following sales, viz.: £500 at 146, £3000 at 1453. £14,000, in four lots, at 145, £6000 at 144)/@145, £1000 and £12,000, the latter taken by a bank, at 1441/2, £5000 at 1441/4 £2000, £2800 and £8000 at 144, and £2500 at 1433. Sales of Francs comprised 20,000f. at 3.883/f. 200,000f., in two lots, at 3.90f., and 100,000f. and 200,000f. at 3.91 1/f. The quotations at the elose of business this evening were: For bank sterling 147, clear bills 1443/1155/2, bill of lading bills 14314@14414, bank francs 3.821/@3.83}4. and outdoor francs 3.871/@3.92)/. DOMESTIC EXCHANGE-The movement in Domestic Exchange to-day has disclosed increased firmness, without developing, however, any quotable variation in rates. The demand at bank for sight checks on the Northern cities was active and general all day, and one of them refused, towards the close, to sell at the ruling figure of the day. Out of doors the supply of private and commercial exhibited but little, if any, increase, and the purchases by banks and bankers have been confined to the annexed trifling amounts, viz: $10,000, $20,000 and $25,000 New York sight, at % # cent. discount, $10,000, Boston do. at 1/2 78 cent. discount, and $20,000 New York and Boston, taken by one bank, at 7 cent. discount; $30,000 three days' sight at 3/2. $10,000 ten days at 2/18, and $15,000 fifteen days at 1 TO cent. discount. We now quote: New York sight at 1/4 73 cent. discount at bank, and F cent. discount out of doors; five and ten days' sight 78 cent. discount; fifteen and twenty days' sight 1@1% P cent. discount; thirty days' sight 11/2 cent. discount; and sixty days' 2 B cent. discount. STOCKS AND BONDS-The movement in securities has been quite limited since our last. The supply of favorite descriptions was light throughout, and the general run, though, as heretofore, abundant, continued neglected. The following embrace the whole of the operations that have come to our notice, via. 9 shares City Railroad Company (old stock) at 195; 50 and 50 shares do. (new stock), reported by two parties, one at 170 and the other at 180; $15,000 City Consolidated Bonds at 90: and $5000 do. at 901/2. UNCURRENT BANK NOTES-There has been a general suspension of operations in the notes of the liquidating banks to-day. Offerings were light from the opening to the close of the market, and the demand was at one time much better than nominal. Sales have been confined to driblets, and we still quote Bank of New Orleans, Crescent City Bank and Union Bank at 88@94c., Merchants' Bank at 77@82c., Louisiana State Bank at 73@76c., and Bank of Louisiana at 55@60c. TO dollar.


Article from New Orleans Daily Crescent, May 11, 1866

Click image to open full size in new tab

Article Text

New Orleans Daily Crescent. FRIDAY MORNING, MAY 11, 1866. # New Orleans Money Market. CRESCENT OFFICE, NO. 94 CAMP STREET, Thursday Evening, May 10, 1866. The Gold market has been moderately active to- day at yesterday's closing rates. Offerings, though not heavy, disclosed nevertheless, a considerable Increase of cash Gold, most of which was absorbed in the order annexed, viz: $2000 at 129½; $5000 at 129⅝: $5000 and $6000 at 129¾; $5000 at 129⅞, and $3000, $8000, $10,000 and $22,000 at 130. Nothing beyond driblets has transpired in Silver, and we still quote Gold at 129¾@130, and Silver at 117@120 for American coin, and 129@130 for Mexican dollars. FOREIGN EXCHANGE. - The only material altera- tion to report in foreign bills to-day was an ad- vance in bank drawing rates of about 1 per cent. The outdoor supply and demand ruled throughout as for several days past, of a very limited charac- ter, and the total movement, so far as sales have been verified, will be found depicted in the sub- joined statement: £500 at 137, £5000 and £8000 at 137¼, £2800 at 128½, £6000 Bank Sterling at 140, £4000 do. at 141, £1000 at 142, and some small bills over the counter at 142@143; also £1100 sold by a bank for Gold at 109. Sales of Francs, 60,000f for Gold at 5.25f, 25,000f. and 45,000f. sold for cur- rency at 4.00f, and a few other lots at our quota- tions which now rule as follows, viz: Bank Ster- ling 142@143, Clear Bills 138@140, Bill of Lading Bills 136@137, Bank Francs 3.95@3.92½f. and out- door Francs 4.05@4.00f. DOMESTIC EXCHANGE- The movement in Domes- tic Exchange still exhibits an upward tendency. Two of the banks advanced the rates this morning to ½ P cent. premium for sight checks on the Northern cities, while all of the others demanded ¾ P cent. premium over the counter, although one or more of them sold round amounts during the morning at ½ P cent. premium. Offerings of pri- vate and commercial continued exceedingly re- stricted, and the purchases by banks and bankers have been limited to the following amounts, viz: $30,000 New York sight at ½ P cent. premium, $110,000 at ½@¾ P cent. premium, $10,000 and $28,000 at ¾ P cent. premium, $50,000 and $75,000 bank checks sold to banks at the same, and $50,000 do. at 7-16 P cent. premium, $30,000 three days' sight at ¾ P cent. premium, and $45,000 ninety days' sight (a new style of bill just now) at 2¼ P cent. discount. The closing rates this evening are for New York sight ½@¾ P cent. premium at bank and ¾@1 P cent. premium out of doors. STOCKS AND BONDS-There is no material varia- tion of any kind to notice in the movement in se- curities. Offerings of most favorite securities are still very light, and the demand and prices of a few of them show some little abatement, while the lower grades, which are rather abundant, con- tinue almost wholly neglected. The following are the only actual sales of which particulars have transpired since our last, viz.: 35 shares City Rail- road Stock at 200½, 15 do. at 201, and 5, 25, 25 and 36 do. at prices that have not transpired, and 3½ shares Union Bank at 51½. No sales of Bonds have been reported since yesterday, and asking rates for the latter remain unchanged. UNCURRENT BANK NOTES-The movement in the issues of the several banks in liquidation has been almost wholly suspended to-day. Offerings were at no time much better than nominal, and the only sales that transpired were one of $100 Louisiana State Bank at 85½c., which shows a de- cline, and $300 Bank of New Orleans at 96с. per dollar.


Article from The Wheeling Daily Intelligencer, November 15, 1866

Click image to open full size in new tab

Article Text

New York News. NEW YORK, Nov.14.-A Washington special says: On the meeting of Congress a resolution will be introduced calling for all the information on the subject of the action of Prussia against American citizens. The whole matter will be thoroughly investigated. In the opinion of many prominent gentlemen,our Minister at the seat of the Prussian Government has pursued an ulterior course, highly reprehensible. It is understood that the Government is not particularly well satisfied with his conduct. There are a number of candidates for the vacancy in the Judgeship of the United States District Court for the Northern District of Ohio, occasioned by the death of Judge Wilson. Among the number of applicants are Franklin J. Dickinson, F. Backus Sherlock, J. Andrews, and others. The case of the broker, Smithson, against the Secretary of W ar, has gone through all the pleadings, and is now ready to go to a jury. It understood to be a test case, and great interest is felt in the resnlt. Last week 1,000 stand of arms were abstracted from the armory in this city, and are now concealed near New York. This was done while the guards were on duty around it. The United States Marshal and Capt. Shillington hunting up the parties. The cabinet o-day, among other matters, considered the appointment of a successor to Wm. Dart, District Attorndy for northern New York, and Judge Geo. Munger's appointment was determined upon. R. M. T. Hunter, of Virginia, had an interview with the President this afternoon. He desires to have certain property of his in West Virginia barred from confiscation: but as it has already been under previous decisions of the Federal authorities, there is no doubt their action will be sustained. Within the last few days the President has directed pardons to be issued to the following persons, one of whom sought for pardon under the first exception of the Amnesty Proclrmation, having held a petty office under the Confederacy, and the remainder having applied under the $20,000 clause: Willis Benham, of Georgia; A. Pegram, of La.; K. H. Reynolds, of Arkansas; J. D. Epps, of Mississippi; W.A. Henderson, William Jones and John M. Brown, of Tennessee. The Tribune's St. Louis special says The Conservative canvassers have been induced to throw out all the votes in Clinton county, except those cast in one town, thereby endangering the election of Van Horn. A claim has been made to Knox to count the votes cast after sundown, as the polls had not been closed. If allowed, Blair is defeated; Noell has about 40 majority. In the case of Charles Lockwood against the New York Central Railroad heretofore reported, a verdict for the plaintiff was rendered yesterday, giving him the full amount claimed, which is $25,000. There was a large and enthusiastic Fenian meeting in Temperance Hall last evening. It was addressed by Gen. Spears and Senators Mehan and Morrison. The World's special from Washing ton and New Haven report that there were seen a few meteors last night through powerful observatory telescopes, but there was no great shower any where. The World's Washington special says; The Government has information professing that the Fenians are ready for an immediate invasion of Canada. It is not probable that any action will be taken in the premises, as the news is donbted somewhat. The World's special says: The Bank of Louisiana, which was obliged to suspend during the military occupation of New Orleans, has resumed business. The Herald's Washington special says: It is said that Hon. John A. Bingham, who is preparing articles of impeachment against Mr. Johnson, will charge him with aiding and abetting the assassination of Mr. Lincoln. It is understood that Mr. McCulloch will, in his report, urge upon Congress the necessity for the passage of a law looking towards an early resumption of specie payment. The report will be quite voluminous, and will be one of the most interesting ever issued from that department. Gen. Sickles, commander of the Department of South Carolina, has been The ordered to Washington. precise import of the order not known.


Article from The Wheeling Daily Register, November 15, 1866

Click image to open full size in new tab

Article Text

The Bank of Louisiana Resumes Business. NEW YORK, Nov. 14.-The World's Charleston special says: The bank of Louisiana, which, with others, was obliged to suspend during the military occupation of New Orleans, has re+ sumed business.


Article from The Wheeling Daily Register, December 17, 1866

Click image to open full size in new tab

Article Text

ington Correspondence of the New York Herald, 10th. One House of the Tennessee Legislature has passed a bill loaning $300,000 of State bonds, to the East Tennessee and Virginia Railroad Company. During the progress of a ladies fair at Library Hall, Petersburg, on Tuesday night, Mr. George Woody was badly shot in the neck by a pistol which was being carelessly handled by a young man named Leath. At last accounts the bullet had not been extracted. It is difficult to imagine why a young man "or any other man" should be handling a pistol at a ladies' fair. DISTRESSING SUICIDE.-The Lynchburg News learns that a Mr. Cheatwood, from Lewis county, W. Va., committed suicide at Ronsack's in Roanoke county, on Monday morning last, by cutting his throat from ear to ear, death ensuing almost instantly. The deceased was on a visit to his brother, who has resided for a great while at Bonsack's, and whom he had not seen for twenty years. He was a man of family, and separation from them is believed to have been the cause of his self-destruction. NEW ORLEANS BANKS.-We observe that the old banks of New Orleans are making great progress in the work of reconstruction. Three New Orleans banks have never reduced their capitals; the Southern Bank never suspended specie payments; the Union Bank and the Crescent City are expected to resume business at an early day. The Bank of Louisiana, the leading bank in the State, is still some distance in the back ground, but arrangements for its re-establishments are expected. BEAU HICKMAN.-Colonel Hickman authorizes us to deny that he is a native of North Carolina. Like. Henry Clay and Patrick Henry, he was born at the Slashes of Hanover. The Colonel says that it is preposterous for a State that produces nothing but tar and turpentiue to claim the parentage of the greatest financier of theage. North Carolina can tnrn out Badgers, Grahams, and Clingmans, but never a Hickman.Star.


Article from Nashville Union and Dispatch, December 20, 1867

Click image to open full size in new tab

Article Text

'4981 '0% Largest Circulation in City and State A VOTHE so SMIN The Bank of New Orleans suspended the 18th inst. Albert Smith, a freedman, was appointed by General Pope a Justice of the Peace in Osacola, Ala. Virginia reports four hundred and sixtyfive cases in bankruptev, the applications come in faster than ever. The Postmaster General asks an appro priation of $22,837,500 for the next year, ending June 30, 1869. Official returns from all the districts South Carolina, except seven, show a cient vote cast to insure the success of Convention. The Paymaster General reports thirty five millions paid out on the bounty thus far, and forty-five millions yet to paid. The Republican State Convention New Hampshire, which was held on 18th inst., expressed a preference for Grant for President. The Boston Board of Trade has decided to call a commercial convention to consis of delegates from all Boards of Trade Chambers of Commerce in the United States, meet in Boston on the 5th of ruary nexts The Chicago Tribune suggests the of Schuyler Colfax for Vice President the ticket with Grant, under certain (ingencies, and the Chicago Journal dorses the suggestion. The Chicago police are strongly pected of great corruption, but as the lice Commissioners, the only persons thorized to investigate charges, are though to be not free from complicity, there nears little chance of getting satisfaction the matter. A new town called Dale City is built in the Black Hills, thirty-five west of Cheyenne, on the Union Pacification railroad. It consists, at present, of fifteen buildings, and others are erected. Gold has been discovered in vicinity of the town. The Committee of Ways and Means timate that a revenue of $305,573,40 ought to be realized from the whisky tax whereas it only produces $28,000,000 Estimating the product from the capacity of stills in operation, the government '000'000'002'1$ received bave 01 Accounts from the farming districts port great destitution among the farmer in some sections. There is nothing in the cotton fields, while labor is sought but cannot be procured among freedmer because their term of service had expired others because they will not work, from various causes. Thad. Stevens' amendment to the struction laws, which was forced through the House of Representatives on the inst., is designed to secure the ratification of the constitutions that may be adopted the conventions now in session in Southern States. Gen. Hancock has ordered an election in Texas on the 10th, 11th, 12th, 13th 14th of February next, to determine for against a convention. The laws governin the election will mainly be the same existed in that State. Each ballot sented by a negro must be marked colore by the judge of the election. The vention, if decided upon, is to consist eighty delegates. A Dublin dispatch of the 18th inst. The examinat on of John Martin others connected with the Fenian demon stration on the 8th inst., was conclude yesterday, but the decision of the was reserved. This morning the men were again brought before the trate, and Messrs. Martin and Taylor committed for trial on the charge of misde meanor. They immediately furnished requisite bail and were discharged custody Another attempt was made to blow the prisons in London on the 18th Powder was placed under the walls of bank jail, in which a number of Fenian were confined. The preparations were complete, and the fuze had been lighted the conspirators without attracting atten tion. Owing to some defect in the arrange ments the powder did not explode, and plot was discovered before the attemp could be renewed. No arrests, and no to the guilty parties. Sheriff Arcutt, who was shot at mazoo, Michigan, last week by some ans, who were trying to release prisoner rom jail, was buried on the 16th The funeral was attended by an immense crowd. After the ceremonies at the the crowd rushed for the jail where prisoners were confined whose release attempted when Arcutt was shot. A ful scene ensued between the mob and police, but the latter finally succeeded quelling the disturbance. The Judiciary Committee had a meeting on the 17th inst. and attempted to


Article from The Portland Daily Press, December 20, 1867

Click image to open full size in new tab

Article Text

louisiana. BANK SUSPENSION. NEW ORLEANS, Dec. 19.-The Bank of New Orleans has discontinued business on account of depression in trade. FIRES. 809 0312 Two more fires occurred in Vicksburg, Miss., last night, One of which was accidental and loss trifling. The other was the work of an incendiary and the loss $18,000.


Article from The Bolivar Bulletin, December 28, 1867

Click image to open full size in new tab

Article Text

The Bank of New Orleans suspended on the 18th inst.


Article from The New Orleans Crescent, January 3, 1868

Click image to open full size in new tab

Article Text

Dew Orleans Money Market. CRESCENT OFFICE. No. 94 CAMP STREET, I Thursday Evening, Jan 2, 1867. The money market exhibits no alteration what. ever-the banks are doing all in their power in the way of effecting new discounts, and renewals and outdoor capitalists manifest an unmistakable willingness to invest their surplus funds in gilt edged, short or long paper, at the regular ruling rates. GOLD-There is no material change of any kind to report under the above heading. Offerings of cash Gold continue light, and the demand is restricted and almost exclusively confined to purchases for the payment of duties. The total actual sales to-day comprised only the appended amounts: $2000 at 1321; $2000. $2500 $3000 and $3500 do. at 1324; $8000 at 132}@1324, and $20,000 at 1321. Sales of Silver comprised several small lots within the range of our quotations, which now rule as follows, viz: Gold 132@1324, American Silver coin 126@127, and Mexican dollars 134@135. FOREIGN EXCHANGE-The movement under the above heading discloses a steady demand, with barely moderate offerings at previous prices. No variation, whatever, has transpired in rates since our last, and the movement included the annexed sales, viz: £1500 bill of lading Sterling at 141; £1000 do. at 1431 £3000 clear do. at 1443; £2000 and £3000 do. at 1441; £6000 bill of lading bills, very choice and equal to clear bills, at 144g £4500 bank do. at 145$; £500 do. 1451. 25,000f., 25,000f. and 75,000f. commercial Francs at3.92ff.; 20,000f. and 40,000f. bankers' do. at 3.91 lf. and 5000f. bank do. at 3.86 lf. The ruling figures this evening were 1454@146 for bank Sterling; 143}@145 for commercial bills, 3.95@3.924f. for commercial Francs, and 3.914@3.87M. for bank Francs. DOMESTIC EXCHANGE-Icactivity has been the most prominent feature in the movement in Domestic Exchange to-day. Offerings of commercial were but barely moderate throughout, and the remittance demand has been of a restricted character from the opening to the close of business, as will be seen by the following exhibit of actual sales, viz: $40,000, $7000 and $85,000 New York sight at 1 P cent. discount; $20,000, $55,000 and $60,000 do. at 13-16 B cent. discount; $12,000, $15,000 and $28,000 do. at INVOICE P cent. discount, and $10,000 ten days' sight at 14 if cent. discount. In the absence of any material variation in figures, we still quote 1 P cent. discount at bank and I@I # cent. discount out of doors for sight checks on the Northern cities. UNCURRENT NOTES AND SECURITIES-We are yet unable to refer to any improvement in the general run of Stocks or Bonds, and operations in Bank of Louisiana notes continue wholly suspended. There is a steady and improving demand notice able for City and State notes, however, and sales to-day included $5500 City small issues at 3 P cent. discount: $1500 and $1800 do. at 24 P cent. discount: $1000 and $5000 do. at 21 P cent. discount; $1000 Louisiana State notes at 271 P cent. discount, and $3000 do. at 281 # cent. discount. The latter are quoted this evening at 24}@25} P cent. discount. SPECIAL DISPATCHES.-We are indebted to the Western Union Telegraph line for copies of the following private dispatches received over that route to-day, viz: New York, Jan. 2-10 A. M.-Gold opened at 1331. 11 A. M.-Gold 133]. Cotton market active middlings 151c. Mobile 16c.; Orleans 162c.; good middlings 173c.; Sterling 110f@110j. 12 M.-Gold 1331 Cotton market very firm. Holders asking bigher prices; quotations nominally unchanged; Sterling steady. 1:50 P. M.Cotton, demand good, prices advanced, middlings 16±c.. Mobile 161@16}c.; Orleans 161@17c. 3 P. M.-Gold 133] Cotton demand good; prices advanced, low middlings 15i@16c.; middlings 161@ 16}c.; Mobile 16}c.; Orleans middlings 163@17c.; good middlings 18c. Sales 3500 bales. Sterling steady. Liverpool, Jan. 2, 1:20 'P. M.-Cotton, no regular market uplands 71d.; Orleans 71d. London, Jan. 2, 1:20 P. M.-Consols 91{@92 for money ; 5-20's 721.


Article from The New Orleans Crescent, March 20, 1868

Click image to open full size in new tab

Article Text

Box Orleans Illoney Market. CRESCENT OFFICE, No. 94 GAMP STREET, Thursday Evening. March 19, 1868. Inactivity has been the most prominent feature of the movement in financial circles to-day. Gold opened at New York this morning at 1381 against 138} the closing figure yesterday, and at 11 A. M. it was quoted at 1381. The demand and supply in this market have disclosed but little if any variation throughout, and the total operations have been confined to the appended amounts, viz : $1000, $20,000 and $40,000 at 139} ; $10,000 at 139g $40,000 in lots at 1394@139£, $5000 and $15,000 at 1391; $10,000 at 1391, and $1000 at 140. Sales of Silver have been restricted to driblets, and we now quote Gold 139]@139], American Silver coin at 135@136, and Mexican dollars at 142@143. FOREIGN EXCHANGE-Sterling and Francs continue heavy. Offerings of commercial are ample and the remittance demand indicates no improvement whatever. At the same time buyers of out. door bills exercise a very rigid seruting In the selection of names, and none but favorite signatures can pass the ordeal on satisfactory terms for drawers and sellers. The subjoined statement comprises the whole of the actual sales to-day, viz: £3000 bill of lading Sterling at 149]; £2100 Al commercial do. at 150; £3000 do. at 1501; £3000 bankers' do. at 1081 for Gold; £3500 Al commercial do. at 150g for currency £2000 and £3000 bank do. at 1511, £400 do. at 1511; 50,000f. bankers' Francs at 3.73lf., and 60,000f. and 100,000f. commercial do. at 3.75. The ruling figures this evening were 1514@152 for bank Sterling, 150@151 for clear bills, 149}@1504 for bill of lading bills, 3.732@3.71ff. for bank Francs, and 3.781@3.75f. for commercial Francs. DOMESTIC EXCHANGE-There is no further material alteration noticeable in the movement under the above heading. The supply of commercial offerings is still ample, while the demand on the part of remitters continues exceedingly restricted. The purchases by banks and bankers today included only the annexed amounts, viz: $10,000, $15,000 and $20,000 New York sight at 1-16 % cent. discount; $5000. $10,000, $12,500 and $20,000 do. at 1 TO cent. discount; $7500 and $12,000 do. at 3 16 P cent. discount; $25,000 and $50,000 do. at & P cent. discount; $28,000 five days' do. at 1/2 # cent. discount, and $28,500 ten days' do. at 4 P cent. discount. Rates, though evidently weaker, are not quotably lower, how. ever, and we, therefore, repeat previous figures as follows, viz: Par at bank, and 101 P cent. discount out of doors for sight checks on the Northern cities. UNCURRENT NOTES AND SECURITIES-There is nothing new to notice in the movement in City Notes. Sales to day included $5000 at 20 and $20,000 in lots, at 204 P cent. discount. Transactions in Louisiana State and Bank of Louisiana notes are still suspended, and operations in stocks.hava been confined to 250 shares Bank of New Orleans at 291. BOARD OF BROKERS-At the Board of Brokers last evening, the following sales were recorded : $5000 American silver at 1361, 38 shares Merchants' Bank at 214, 38 shares at 22, $3500 small city notes at 20 discount. SPECIAL DISPATCHES.-We are indebted to the Western Union Telegraph line for copies of the following private dispatches received OV9V that route to-day, viz: New York, March 19-10 A. M.-Gold opened at 1381. 11 A. M.-Cotton market dull; prices nominal and heavy, but unchanged; middling 25c., Mobile 25śc., Orleans 252c. Sterling 1092@l10f. 12 M Cotton market quiet and weak; nominally: middlings 25c., Mobile 251c., Orleans 251c. Sterling steady. 3 P. M.-Cotton market dull; prices unchanged; entirely nominal; middling 25c., Mobile 253c., Orleans 251c.; sales 700 bales. Sterling steady. Liverpool, March 19-11:15 A. M.-Cotton market quiet; estimated sales 10,000 bales; uplan is 10±d., Orleans 103d. 1:20 P. M.-Cotton steady and unchanged; estimated sales 10,000 bales. 5 P. M.-Cotton market steady; sales, to-day 10,000 bales; uplands 101d., Orleans 10jd. London, March 19-1:20 M.-Consols 93t@ 934. 5 20s 72.@724. DAILY PRICES OF GOLD FOR Six YEARS.-The New York Commercial and Financial Chronicle, of the 4th inst., contains a table exhibiting the price of gold in New York every day during the last six years. It gives the lowest and highest figures of each day for that period. We should be glad to furnish the entire table to our readers, for it is a financial history in which the credit of the government currency may be traced step by step during the gloomy period of the war down to its lowest point, and thence through its recovery to the present time. We give below a statement exhibiting the range of prices of gold for each month and each year:


Article from The New Orleans Crescent, April 10, 1868

Click image to open full size in new tab

Article Text

Biew Orleans Ittoney Market. Thursday Evening. April 9, 1868. ORRSONNY OFFICE. No. 94 CAMP STREET, } The condition of the Money market is still essentially unchanged. The supply of currency is heavy and the demand for accommodation light. Gold opened at New York this morning at 1381 against 1381, the closing rate yesterday, and at 12 M. it was quoted at 1381. The supply and demand in this market have disclosed a material increase to-day, and rates have advanced fully 1 ¥ cent. all round. We subjoin particulars of the actual operations as follows, viz: $40,000, $60,000 and $5000 Gold at 1393; $15 000, $10,000 at 139g $50,000, $7000, $10,000, $12,000 at 1391, and $2500 at 140. Sales of Silver comprise 2000 Mexican Dollars at 21 premium. for Gold, and 1000 American Halves at 1364. We now quote Gold at 1391 @140; American Silver coin at 135@136}, and Mexican Dollars 143@144. FOREIGN EXCHANGE-There has been a very heavy business transacted in Sterling bills to-day in proportion to the offering supply, but the movement in Francs was of a restricted character from the opening to the close of the market. Rates have undergone no quotable alteration, however, but the tendency of the movement was evidently in favor of drawers and sellers. We annex particulars of the total operations £2000, £1800 and £5000 bank Sterling at 15e £1000 do. at 1521 £3000 commercial do. at 1514 £2000 do. at 151 £4000 and £4600 do. at 1502 £3000 do. at 150$ £1000 and £3000 do. at 1094 for Gold; 150,000f. bank France at 5.23f. for Gold ; 12,000£, 30,000f. do.at 3.67}f., and 200,000f. do. at 3.75f. We now quote bank Sterling 152@152} clear bills at 150} @151; bill of lading bills at 149@150 bank Francs a 3.78@3.71}f., and commercial do. at 3.80@3.77H, DOMESTIC EXCHANGE-The movement under the above heading to day has been steadily in favor of drawers and sellers. The supply of commercial sight and short sight appears to be again almost wholly exhausted, and the remittance demand indicates, if anything, a decided improvement. The following statement comprises the total purchases by banks and bankers to-day, viz: $5000, $10 000, $25,000 and $40,000 New York sight at & ¥ cent. premium, $35.000 do. at 5-16 % cent. premium, $4000 do. at I # cent. premium, and $15,000 bank do. at 1. We now jquote 1 B cent. premium at bank and @t # cent. premium out of doors for sight checks on Northern cities. UNCURRENT NOTES AND SECURITIES.-The movement in City Notes has almost come to a stand still, and operations in Louisiana State and Bank of Louisiana notes are wholly suspended, while transactions in the general run of Stocks and Bonds indicate no hope of a speedy recuperation. We annex particulars of actual sales to-day, as fóllows, viz.: $1000. $3000 at 26} B cent. discount and $100 do. at 27 # cent. discount. Sales of stock embrace 10 shares N. 0. City Railroad stock at $169. SPECIAL DISPATCHES.-We are indebted to the Western Union Telegraph line for copies of the following private dispatches received over that route to-day, viz: New York, April 9-10 A. M.-Gold opened at 1384. 10:40 A. M.-Gold 1381. Cotton demand good, prices advanced; middling 29j@30, Mo bile 30, Orleans 304. Sterling 109f@110j. 12 M.Gold 1381. Cotton demand fair, prices firm; middling 29}@30, Mobile 30, Orleans 30$. Sterling steady. .M.-Gold 1384. Cotton market quiet and weak; sales 6000 bales middling 291, others unchanged. Sterling steady. Liverpool, April 9-11:15 A. M.-Cotton market excited. sales large uplands 123d., Orleans 12jd., afloat 124d; sales for the week 108,000 bales, for export 29,000 bales, to speculators 8000 bales; stock on hand 356,000 bales, of which 196,000 are American. No market to-morrow-Good Friday. 1:20 P. M.-Cotton market irregular; estimated sales 20,000 bales: stock afloat 380,000, ef which 186,000 are American. 5 P.M.-Cotton market firm; sales 15,000 bales; uplands 12fd., afloat 12d., Orleans 12₫d. London, April 9-11:15 A. M.-Consols for money 932@981, for account 931; five-twenties 73@73f. 5 . M.-Bonds 721@726.


Article from The New Orleans Crescent, April 11, 1868

Click image to open full size in new tab

Article Text

HEW Orieans Itloney Market. Unnecust OFFICE No. 96 OAN STRUNY, } Fridav Evening. April 10, 1803. We are still unable to report. any essential change in the condition of the money market. Currency continues to accumulate at bank and in the hands of private capitalists. The demand for accommodation discloses a steady abatement and the limited amount of Exchange offered from day 10 day is only sufficient to absorb a fraction of the already unwieldy surplus of greenbacks Jon hand. Rates are still unchanged, however, and we fcontinue to quote 8 B cent. per annum at bank, and 1@il # cent. per month out of doors for short gilt-edged paper, and 10@12 # cent. per annum for long dated notes secured by strictly Al city mortgage. GOLD AND SILVER-There has been a heavy business done in Gold since the close of our review Friday evening, the 3d inst, and prices though varying as usual from day to day have uniformiy ruled atld@2} points above those of the New York market. Silver has undergone no variation whatever. Offerings have been very light and the few lots thrown upon the market were taken at 135@136 for American halves and quarters, and 141@143 for Mexican dollars. To-day being generally observed as a holiday operations were almost wholly suspended, and the only transactions reported are $25,000 and $40,000 Gold at 1392. We still quote Gold 139}@140 American Silver coin 135}@136}, and Mexican dollars 143@144. FOREIGN EPCHANGE-Operations in Sterling and France during the past week have disclosed a considerable falling off as compared with the previous returns. Offerings have been generally light, and the Inquiry has for the most part exhibited a considerable abatement. Rates were unsettled and weaker in the early part of the week, but have assumed more firmness towards the close. The banks all being closed to-day, nothing was done, but we still quote bank Sterling 152@152}; clear bills at 150}@151 : bill of lading bills 149@ 150 ; bank France at 3.75@3.72jf., and commercial do. at 3.80@3.77hf. DOMESTIC EXCHANGE-Inactivity has been the principal teature in the movement under the above heading from the opening to the close of the week. The market was but scantily supplied at best, and the demand was of a restricted character throughout. Rates have been generally well maintained, and within a day or two the price has slightly improved. Business by banks and bankers was entirely suspended to day. but we s'ill quote 1 P cent. premium at bank and 10 # cent. premium out of doors for sight check. on Northern cities. UNCURRENT NOTES AND SECURITIES.-All classes of stocks and bonds continue inactive, and prices of the general run of Securities cannot to regarded as better than nominal. Uncurrent notes also are dull. Operations in Louisiana State Bank and Bank of Louisiana issues are almost wholly suspended, and the movement in city notes is precarious at constantly varying figures. Transactions to day have been confined to driblets at 24@25 P cent discount for city notes. BOARD OF Brokers.-The sales at last night's session of the board included $22,000 small city issues at 24}; $5000 do. at 242, and $10,000 do. at 25 ¥ cent. discount.


Article from The New Orleans Crescent, April 18, 1868

Click image to open full size in new tab

Article Text

Hem Orleans Money Market. ORRSCERT OFFICE. No. 94 CAMP STREET, I Friday Evening. April 17, 1868. Nothing has transpired since the close of our review of the 14th instant to materially alter 8the condition of the market. Currency has steadily increased at bank and in the bands of private copitalists. Applications for loans and discounts have rapidly diminished, and owing to the scarcity of commercial offerings, onportunities for investment in either Foreign or Domestic Exchange have been of an unusually restricted character throughout. Rates of Money have undergone no change, however, and we still quote 8 P cent. per annum at bank and 1@1} P cent. per month out of doors for short gilt edged paper, and 10@12 * cent. per annum for long dated notes secured by strictly Al city mortgage. GOLD AND SILVER-With 8 more limited demand for shipment to the interior and payment of duties, operations in Gold have disclosed a considerable falling off during the past week. The offering supply was at no time heavy, however, and despite the frequent fluctuation in rates at New York, prices here have been generally well maintained at 11@2} points above those of the former city. Offerings of Silver have exhibited no increase whatever, and the few lots thrown upon the market found buyers at 135¥@136} for American halves and quartersand 142@143 for Mexican dollars. Operations to-day comprised only the annexed amounts, viz: $1000, $2000 and $4000 Gold at 1391. $3000 do. at 1391, $20,000 at 139|@ 139], and $25,000 at 1391. Sales of Silver have been confined to driblets, and we now quote Gold 1394@1394, American Silver coin 136@136}, and Mexican dollars 142@143. FOREIGN EXCHANGE-Owing to an almost total suspension of operations in Cotton for foreign account since the date of our weekly summary, the supply of Commercial Sterling and Francs has been at no time better than nominal. The demand on the part of remitters was correspondingly light, however, and rates have exhibited no alteration till near the close of the week, when they assumed increased firmness. Actual sales to-day are confined to the appended amounts, viz: £500 Al commercial Sterling at 151, £500 bank do. at 153, a small lot of commercial Francs at 3.724, 100,000 do. at 3.75, and 25,000f. bank France at 3.71 f. We now quote bank Sterling at 152@153, clear bills at 151@152, bill of lading bills at 150@151, bank Francsa 3.70@3.67}f., and commercial do. at 3.76.1@3.739f. DOMESTIC EXCHANGE-Inactivity has been the principal feature of the movement under the above heading from the opening to the close of the week. Offerings of commercial sight and short sight have been of an exceedingly restricted character throughout, and although the remittance demand was at no time active or general, quotations have been very firmly maintained both at bank and on the street. Transactions by banks and bankers to-day embraced only the subjoined amounts, viz: $5000 and $10,000 New York sight at 1 % cent. premium; $10,000, $20,000 and $25,000 do. at issued B cent. premium; $40.000 one day's sight and $13,000 three days' at I P cent. premium. We still quote 1 P cent. premium at bank, and 1@l Pcent. premium out of doors, for sight checks on Northern cities. UNCURRENT NOTES AND SECURITIES-There is still considerable incertitude as to the future of City Notes, and notwithstanding the destruction of the plates and the prospect of a speedy withdrawal of some fifty per cent. or more of the notes now outstanding, the public seem to have lost all confidence in them, and the daily offering supply continues largely is excess of the demand. At the same time operations in Louisiana State and Bank of Louisiana notes remain wholly suspended, and the movement in any class of Securities cannot be regarded as better than nominal. The following are the only sales of any kind reported to-day, viz: $5000 and $2000 City Notes at 301 8 cent. discount; $20,000 do. at 30 B cent. discount and 100 shares Canal Bank at $45. SPECIAL DISPATCHES.-We are indebted to the Western Union Telegraph line for copies of the following private dispatches received over that route to-day, viz: New York, April 17-10 A. M.-Gold opened at 1381. 10:45 A. M.-Gold 138}. Cotton market quiet but steady. Sterling, 110@110}. Liverpool, April 17-11:15 A. M.-Cotton market declining; estimated sales 8000 bales; uplands 121d., Orleans 123d. Sales of the week 56,000 bales. For export 17,000 bales; to speculators 6000. Stock 407,000 bales, of which 233,000 bales are American. 1:20 P. M.-Cotton declining quotations nominally unchanged.


Article from New Orleans Republican, May 22, 1868

Click image to open full size in new tab

Article Text

Jackson Albert and Michael Fannon, were taken in for their asserted complicity with Little in unlawfully obtaining valuable letters from the postoffice, the particulars of which are not fully in our possession. Little Is now under bonds to appear before Recorder Neville under some offense against the law. A judicial investigation will unravel the rascality, and then our readers shall hear the particulars. LOCAL ITEMS IN BRIEF.-Mr. J. W Mad den says that it does not "now fall on him to fix up and bind the city's notarial records," although he offered to perform the task at very reasonable rates. An express wagon rolls through our streets, which is large enough for a small family to dwell in and have rooms to rent. Producers of strawberries have this year received good returns for their fruit, having in most instances disposed of them to consumers directly in retail. That is the mode, and by it hucksters will be ruled out of an extortionate existence. Judge Duplantier, of the Sixth District Court, has decided that according to the laws of our State the Bank of Louisiana has forfeited its charter, and so declared. Receivers have been appointed for the institution. The order of Seven Wise Men, a secret fraternity of many beauties which originated in this city previous to the war, has gained foothold in most of the large cities of the Union, and Baltimore has more conclaves than New Orleans. The last lodge opened there was named "Sambola Conclave," in compliment to our fellow citizen, Anthony Sambola, Esq. Mi. S. appreciates the distinction, and we believe him fully worthy of that and even better favors at the hands of the order and his friends. Lafayette Carter entered heavy complaints against nine different persons, charging them with awful offenses on Gasquet street. Evidence before Recorder Neville induced the court to discharge them, and fine the Carter $20. Jordan Scott, the freedman who, with his cotton float, ran over and killed the little boy, William Digby, will have an examination on the twenty-sixth instant. Thomas Murray and John Doyle, & long time out of prison, go to the workhouse for three long months on the long charge. Henry K. Nixon makes affidavit that two men spoiled some of his teeth. The law's nippers will be applied on the twenty eighth by Doctor Neville. William O'Rorke, 51 Girod street, don't feel richer for having battered Ellen Moran of the same house. Peace bonds and $10 fine. The case wherein Mary Mandeville, 4 Villere street, accused three individuals with perjury, has been erased from the docket. John Snapper will improve an opportunity to-day to show himself an innocent lamb. George T. Henderson greased the road to the workhouse by stealing a. keg of lard; and Charles Martin, a bird of the same feather, travels the same rough route. Pierre Voiserd and Louis Emile, for picking sombody's pocket in the City Park, have been condemned to the House of Refuge. f It is all very well for the Controlier to call on the Recorders to walk up to the captain's office and settle; but how is it when the captain's office when called on refuses to settle with the Recorders for their (the Judges') salaries? Malone, of the second district, had his hands full yesterday when he arrested Antonio Barroni with a little mule and cart. Antonio is accused of theft, stealing & load of bark from the Old Basin. An inquest was held on the body of William Bennett, found drowned in the new basin. He was fifty years old, and a nat ive of New Jersey. The verdict was "accidentally drowned." Justice of the Peace Courts-engines of heathenish tyranny, where the poor man is ground down even to his last bed, and which $ take away from him his last chair, and the table from which he and his family eats a scanty meal. Reform them altogether.


Article from The New Orleans Crescent, June 16, 1868

Click image to open full size in new tab

Article Text

members admaxe JOI 1891000 ещЯда DURU AILL twenty men to run, and water to be thrown through fifty feet of hose, was won bv Irad Ferry No. 12, whichmadethe distance in 3:18 and then $98.8 u! means 8 media And while these amusements were going on upon the race track the dancing platform was he cene of none the less eager enjoyment, for he music there had summoned scores of couples to mingle in the dance, and the picture was one of varied and blended beauty. But by and by a movement took place toward the arena where it was evident some unusual sport seats the Incomets mej 8 uI u! SBM were well filled, and shortly after there might have been seen approaching two men bearing 4q " 01 pen Dorker. black healthy B pole 8 uo In all fours, and squealing right merrily while be. hind followed crowd of boyseager for the chase. The pig and escort disappeared for a few moments from the arena, but presently reappeared and oh, how changed the view His porcine majesty entered the ring plentifully besmeared with lard, his bristles glistening in the sun and standing erect like unto the time honored quills god peealsh the 04 pesoddne 018 which cupine. Once let loose, and a terrible hack from a switch falling upon his hausches, he bewildered quadruped elevated his nether ex. tr mities, and with a demoniac grant broke away. followed by half a hundre d screaming youngsters and 84 me oldsters. One caught him but he slipped away: another and another seized his Hippery sides with no better success, until finally one m re tenacious, sadly voracious, grasped and held him. Then the rest crowded around, anx ions to be in at the death, when suddenly Mr. Pig was off again, grunting the louder. Thus he made the circuit of the ring, now captured, now free again, until he finally succeeded in taking repunoj there pus central 1he Japun any safety from his pursuers. the uodo Insurt 18 11emp pue 'no or 148.00 em n emories of that pleasant scene, how the danchours, late 001 man 'MOU pus resumed SEAL zug the music might have been heard. polkas, schot tisches and mazourkas in rapid succession : but it may all be summed up in this, that all hoattended enjoyed themselves heartily, and all doubtless -01 8 01 authoritions been quit prem 10J newal of that enjoyment next Sunday. THE SITUATION.-A large crowd of aspirants for favors from the newly elected State authori ties were to be seen around Mechanics' Institute yesterday, apparently confident that that day was to witness the carrying out of the provisions of the Board of Registration' proclamation, and the installation of all the officials from governor down. But the event did not occur. During the morning it was rumored that the governor and lieutenant governor elect had appeared before Judge Durell for the purpose of qualifying before taking their seats: but, it turned out that, al though they did call upon the judge, the oath was not admin stered. Later in the day Mr. Warmoth called upon Governor Baker at his office, but only ou quil address pus Informal us us intention of then making any demand for the gubernatorial chair. At latest advices Mr. Baker is still governor, Mr. Conway is mayor. Mr. Williamson is chief of police, and Gen. Buchanan commands the fifth military district. MORTUARY REPORT.-The total number of deaths in New Orleans, reported last week by the sex tons of the various cemeteries to Dr. G. W. Dir. meyer, secretary of the Board of Health, was 109. of which 3 were drowned, 1 died of wound, 1 killed accidentally, 1 cholera, 1 delirium tremens, the Jo I brain, the JO condettion I brain, 10 consumption, 10 various fevers (bilious, : 'ined I ("plouds) pus heart disease, 12 were still-born, and the balance died of various ordinary diseases. 40 were under 1 year, 19 between 1 and 10, 3 between 10 and 15, -aq II 08 pus 0% between 01 20 pus 91 befween I between 1 '09 pus 01 between 14 OF pus 03 thee pus 02 befween I '01 pus 09 between % '09 paB 09 80, and 4 whose ages were not reported. 61 were males, 45 females and 3 infants. 71 were whites. 22 blacks. 11 mulattoes and 5 not classified. 77 were natives of the United States, 14 not stated Mere 81 pus BOARD OF ALDERMEN.-A full meeting of this board was held last evening for the purpose of effecting an organization. Upon motion, the beard first went into secret session, at the conclusion of which the doors were opened, and it found that Mr. Markey had been chosen chair man, and Mr. W. B. Lancaster, secretary. Mr. Kaiser objected to the election of a tary in secret session, and, in his views, was sus tained by Mr.Shields. Itwas, therefore, resolved proceed to a new election in open session, which having been held, Messrs. Markey and Lancaster were chosen chairman and secretary respectwely. The board then adjourned to this evening at FIRST DISTRICT COURT.-A nolle prosequi entered. yesterday in the case of Oliver Canton, charged with manslaughter. Baptiste Claim charged with knowingly receiving stolen property, was declared not guiltv. J. Kern pleaded not guilty of stealing the money contained in the fare boxes of of the cars at the station corner of Prytania Pleasant streets. on the 9th of June. He was ar rested by the private watchman of the railroad u! punoj 02 as pus ** a II Jeffe 'Ausdmoo pockets in postage stamps, tickets and nickels. Master Kern has a pretty black case against him. SIXTH DISTRICT Courr.-The quo warranto er relatione E. Heath VS. Jno. R. Conway for the mayoralty, was continued, yesterday, on account of the illness of Judge Duplantier. Mr. Woelper, the polite and efficient clerk of that court, informs us that Judge Duplantier's sickness probably confine him for & fortnight to his home that Judge Howe will be too busy this and next week to preside but that he feels confident the IIIM Juneo чим JO Fourth Price the JO e3pn; consent to officiate on Wednesday, when the "uo decided pus perm be disbably IIIM In the matter of the State V8. the Bank of Louisiana, the presidents of the different banks with whom lies the right to appoint one of the three commissioners to liquidate the affairs of the bank having neglected to suggest a name, the appointment devolved upon Judge Duplantier. John Irvine, Esq., has been appointed, and a better could not have been selected. Mr. Irvine has been connected for many years with the banks in this State, and is recommended in the highest manner by some of the first capitalists in the city. SECOND DISTRICT RECORDER'S COURT.-A Marzen was arrested on Sunday, for breach of the peace. at the instance of Widow Courtade. Twenty dollars or ten days. A. Flemming and E. B. Eastman were arrested on Front Levee street for running & show without


Article from New Orleans Republican, September 1, 1868

Click image to open full size in new tab

Article Text

amount in 18 Thefo lowing dividends have been declared during bearde year, viz: Mechanics' and Traders Bank 5 # year, January 1, and B cent July 1: Canal Bank 5 bonds? cent December 1; Union bank 3 B cent August been Citizens' Bank 6 P cent February 1, and 5 T of August 1; Southern Bank 5 B cent July 1; 1; Crescent City Bank 3 cent July A; New sions ank of America 10 a cent January 1, and 8 F cent A Orleans City Rarilroad $5 - share October 1. $4 P Collector pare January 1, and $4 $ share July 1: Pontcharrently train Railroad $4 January 1, and $4 July 1: Carrollton tradel Railroad 4 & cent July1; Gas Light Company 5 1 atistics January 1; and 5 BE cent July 1; and Levee be item Cotton Press 37 cent January 1, and 278 cent 118 1. The Bank of New Orleans suspended active 141 usiness in December, but resumed in the ensuing in At month. Its stock has ruled considerably higher since and be resumption than its ruling rates before the sus. Mension. None of our banking institutions who care circulation out, have failed to redeem it on so negimentation in national currency, with the excepmarketation. for basion of the Bank of Louisiana, which is in liquiPrices and Freights.. principle basis of our freight been market during the past year consisted of 582,000 and 12 ales of cotton; 10,000 nhds of tobacco, and 200,000 acks of corn, to Transatlantic ports; and 100,000 bales of cotton, 4800 hhds of tobacco. 22 500 bbls of in molasses, 100,000 bbls of flour, and 416 000 sacks of 9c at researa to Northern United States ports. These figures untilghbow a decrease of 37,000 bales of cotton, and an inof case of nearly 60,000 sacks of corn to Transatlantic have orts, and & decrease of 142,000 bales of cotton, 1000 demand of tobacco, and 35,000 bbls of flour, adid an increase of 375,500 sacks of corn, and crop NO bbls of molasses to Northern ports. at 7 A general idea of the course of foreign freights a in may be formed from the rates for cotton to Liverpool, bun which ruled in September at 1-2a9-16d by sail, and 1, 150 steam; in October at the same by sail and 7/g by team; in November at 9-16d by sail and lally by butt Steam: in December at 9 16d by sail and by steam: Indi January at 9-16a5d by sail and Bald by steam: in tirs February at 19-32a by sail and sea7ed by steam; in abo March at 7-16a9-16d by sail and sqa7ed by steam in onvenie April at 12-16d by sail and 9-16a%d by steam; in May at by sail and %d by steam; in June at use of $-16d by sail and 1-2a% by steam: in July at 7-16d by themil and 1-2a ⁵, d by steam; and during the past month 34,700 7-16d by sail and 9-16d by steam. There has been, icrease however, so little going for several weeks past that trademour quotation for the last two months are nominal. Cotton to Havre has ranged from Mc up to 11-2c, and Rebacco to Liverpool at 30s R hhd up to 47s 6d. The business supply of tonnage has been generally equal to the of 18 demand, and the market has continued quiet 1-2c,in 0 Deceme throughout the year.


Article from The Morning Star and Catholic Messenger, November 29, 1868

Click image to open full size in new tab

Article Text

SMORNING STAR AND CATHOLIC MESSENGER. NEW ORLEANS, SUNDAY, NOVEMBER 1868. REVIEW OF THE WEEK. Board of Aldermen.-A reconsideration of the market ordinance, to abolish the office of Super_ intendent of Markets, was declared out of order. The resolution of the Lower Board establishing a Drainage Board, was concurred in. A resolution was adopted to have the list of delinquent tax payers published in the Crescent. A resolution of the lower 'Board was concurred in to meet in joint session on Tuesday next to elect city officers. As was likewise a resolution allowing the School Board $2000 for rent. A communication was received from the Property Holders' Association,eprotesting against increasing the debt of the city, and referred. A resolution authorizing an exchange of lots was adopted. Board of Assistant Aldermen.-The Board met Tuesday evening. The Treasurer's weekly report showed, receipts, $517,027 ; expenditures, $29,956; balance on hand $487,071. A resolution from the upper Boar authorizing the Council to appoint a board of engineers to re. port upon a plan for draining the city, was adopted. Resolutions providing for the sale for city notes of the market stalls and wharves were referred. A committee was appointed to confer with the authorities of Jefferson City to fix the boundaries between this parish and Jefferson. An ordinance was considered for the sale of the right of way for a railroad between Canal street and Carrollton Avenue. The Board persisted in its action relative to repairs on levees in the Third District. THE Crry.-The last seven days have not afforded much material for comment. The rain on Wednesday broke in rathor rudely on the enjoyable weather of the preceding days, revealing many spots to which the attention of the Street Commissioner might very properly be directed. To a portion of Common street we can safely attribute a sore throat, brought on by a cold caught in navigating its submerged sidewalks. After a day of dreariness and stagnation, the bright sunshine of Thursday revived the suspended business, and cheerfulness seemed to sit on the countenances of those who treaded the thoroughfares. "Thanksgiving "day" was scarcely noticeable from any other, and were it not for the reference to it in the morning papers, would not be remembered. In the South-at least in Louisiana-the people do not take kindly to these imported observances, smacking, as they appear to think, of Puritan usages. The tradition of their fathers have given sacred sanctions to days which will not readily yield to foreign and self-appointed holidays. THE SCREWMEN'S BENEVOLENT ASSOCIATION. The gentlemen composing the above body were prevented from celebrating their eighteenth anniversary on the proper day, owing to the inclemency of the weather ; but the members are composed of stermer stuff than to be thus foiled; so on Thursday they turned out in large numbers, with music and banners, calling forth univer sal praise for the manly, stalworth proportions of those composing the ranks. United for berrevolent purposes, they form an influential part of society, and are capable of effecting a vast amount of good. The board of State canvassers met on Thursday last, and by its estimate of the vote cast at the late election, the Democratic majority is materially reduced, by rejecting the returns from Avoyelles, West Feliciana St. Martin, Franklin, Jefferson. Orleans, St Bernard, Sab ine, St. John the Baptist, Terrebonne and Washington, According to this decision, Menard has been elected for the short term and Sheldon for the long term. This defeats Hunt. We see by the papers that both the grand and petit jurors of the parish of Jefferson are composed of negroes who can neither read nor write. As Chief Justice Chase took the responsibility of setting aside the test oath may we not hope that some independent judge may be found here who will abate this nuisance of juries composed sf ignorant plantation negroes? The joint committee appointed by the last legislature to procure suitable buildings for a State House, have effected an arrangement with the liquidators of the Bank of Louisiana for the lease of the banking house corner of Conti and Royal streets, as well as the adjoin. ing dwelling house, for one year, at $8300, with the privibasing the for 000 any time before


Article from The New Orleans Crescent, February 24, 1869

Click image to open full size in new tab

Article Text

said portion of Canal street, and that another portion of said street was allowed him. In conclusion. Judge Cooley decides as follows: "It is immaterial whether the rights of the parties, under their respective grants by the city, were such as they pretended; the compromise was intended to settle forever their pretensions, if not their actual rights. "The effect of that contract. and the obligations resulting from it, was to prevent McCoard or his assigns from ever deriving any profit from laying a track or running passenger cars over & certain portion of Canal street, to the injury of plaintiffs. He received for this waiver a valuable considera. tion, and it would be against equity and our laws of warranty to permit him or his assigns to acquire a title from the real owner, the city, and employ that title to disturb and injure the plaintiffs, in relation to the enjoyment of those privileges which he had relinquished in their favor for a valuable consideration. The injunction is made perpetaal." A rule was taken to-day upon the commissioners of the Bank of Louisiana, to show cause why they should not receive the bank notes of the bank in payment of indebtedness due to the bank previous to the forfeiture of its charter. It appears that the commissioners of the bank refase to receive the notes of the bank in payment of debts due it previous to the forfeiture of its charter. The plaintiffs in this rule contend that the bank must receive its own obligations in payment of all debts be a great relief to the debtors of the bank in enabling them to pay off their debts at thirty or forty cents on the dollar. The decision of the court upon this rule will be looked for with interest by the debtors of the bank. SEVENTH DISTRICT COURT.-Judge Collens yes. terday rendered & judgment in favor of J. B. Walton & Deslonde against the Carrollton Railroad Company, ordering the transfer to the former of fifty fully paid shares of the capital stock of said railroad, with dividends accrued since October 15, 1867, or in default thereof that said railroad pay them $5000, with legal interest from judicial demand, and costs. RECORDER GASTINEL Nora Maher, drunk and disturbing the peace, was fined $20, or thirty days Parish Prison. E. Buckley, drunk and drawing a razor on the officer, $10, or ten days. Cornelia Ann Yager, disturbing the peace, was fined $20, or twenty days in Parish Prison. Ben Butler and John Lewis, colored, were arrested for stealing from James Jones a silver watch. Butler was discharged and Lewis remanded. Oscar Delhonne, colored, caught stealing a lot of table knives from on board the steamer Celeste, was sent before the First District Court. Jules James, colored, stealing cotton on the levee, was remanded. M. Johnson. colored, stealing a hide from the levee, was sent before the First District Court. Henry Jackson, Victor Nicholas and Elias Evans, colored, charged with pilfering on the levee, were remanded for trial. E. Buerkley, arrested for trying to break open a store on Chartres street, between Bienville and Customhouse streets, was remanded. MILTARY.-Brevet Captain P. H. Moroney, (retired) having been relieved from his assignment as commissary of musters and recruiting officer by orders from the War Department, will immediately turn over all public property in his charge to the proper staff departments and the records of the mustering office to the acting assistant adjutant general, department of Lonisiana. The recruiting funds for which he may be responsible he will deposit to the credit of the treasurer of the United States, with the assistant treasurer at New Orleans in compliance with instructions from the adjutant general's office. First heutenant H. B. Mellen, sixth cavalry, in addition to his other duties has been detailed to recruit men for the cavalry regiments now serving in Texas. A general court martial met yesterday at 10 o'clock, for the trial of such prisoners as might properly be brought before it.


Article from The New Orleans Crescent, April 6, 1869

Click image to open full size in new tab

Article Text

The Courts FIRST DISTRICT COURT.-The following sixteen persons were yesterday selected by Judge Abell to serve as grand jurors during the next quarter, including the months of April, May and June: E. Toby, foreman; W. B. Armstrong, V. Grosjean, P. Moore. Chas. Kubn, F. Riceland, Peter Gaveno. ditch,J. E. Boehler, Louis Rickman, Chas. Le Breton, F. Snaer, Wm. Carter, P. Harvey, John Durant and Jos. Sordas, the last five named being colored persons. Col. A. P. Field yesterday filed & rule in this court upon the attorney general, to show cause why a new trial should not be granted in the case of Gregor, found guilty of the killing of John Collens, mate of the Governor. A nolle prosequi was entered in the case of G. M. Wicklife, charged with malfeasance in office, quies em nj pely Meu B pas which is reported alsewhere. In the case of Arthur Sauselle, indicted for assault and battery, a nolle prosequi was also entered. Mary Scott, charged with Iarceny, failing to appear, her bonds were declared forfeited. A verdict of not guilty was returned in the case of Auguste Hummel, alias Richard Hummel, accused of assault and battery. FIXTH DISTRICT COURT.-John Henry VS. Bank of Louisiana. Third opposition of Dr. Lambert. The plaintiff having obtained judgment against the defendant and caused the same to be recorded and had some real estate belonging to the bank seized, and was proceeding to sell it when the third opponent intervened and claimed to be paid by preference out of the proceeds of the sale. The plaintiff is a mortgage creditor. and the intervenor and opponent a bill holder. The question which the pleadings present is, as between the plaintiff and intervenor, which should be paid by preference out of the property of the insolvent bank, a mortgage creditor or a bill holder. It is proper here to remark that the answer filed by the commissioners of the bank presents a questionwhich mustbedecided adversely to the pretensions of both the plaintiff and the third opponent. These commissioners urge that no final judgment can be rendered in favor of each of the above claimants, because the bank, having gone Into insolvency, all its assets must be surrendered to the commissioners appointed to liquidate its affairs with the view of a general settlement in concurso of all the creditors. This is quite true, but it does not prevent OM1 eqs JO result Telative the JO 9 creditors before the court. This decision may anq creditors, the II* JO . up asseles eq it is not for the court to determine the practical value to litigants of the relief which they seek. It -ne qui The pus # JOJ use they that #1 thorizes their demand. In the case of the State of Louisiana on the rule taken by Becnel vs. the Bank of Louisiana, the present the &q Presented the su unestion emes pleading was before the court. The question then was whether the commissioners could be forced to receive the circulating notes of the bank in payment of debts due by it. After avery careful examination of the authorities, the several acts of 1842 and 1843 in relation to the banks which had forfeited their charters by the suspension of specie payment, and the interpretation given. to these statutes by our Supreme Court, came to the conclusion the commissioners were bound to accept the bills of the bank in pay. the JO emp the 18 # 01 enp debtis 10 $0000 of its charter. If had any doubt of the correct ness of that decision the fact that the delays for a missing pesdue SUJASQ more ledds -uido Am condrina pinom then Bareq [sedde Aue courts the 1891 Moqs prom " se "no! concurred in its legal propriety. It appears to me that the principles of that decision determine the present controveray. It is useless to say that privileges are "stricti juvis," that they cannot be extended by implication or analogy, etc., etc. These are familiar principles, MSI the minther squop Aug si there pus maker intended to confer a privilege or right of up gut poor the bavy They this matter there can be no doubt that the legisla. pied eq pinous holders 1119 the seqs the by preference over all other creditors. This intention is evidenced by the provisos of the several acts of 1842-3 on the subject of the liquidation of the banks, making the reception of the circulating notes of the insolvent bank obligatory not only by the insolvent corporations but by all other banks in this city which had forfeited their charters and had been relieved from the effect of re- 108 em UI 1842. jo 108 our 4q ] this viving the charters of these banks the reception of the notes of an insolvent bank is made one of the fundamental conditions of the revival. This policy of the law seems to have been dictated by a proper sense of justice. The circulation of the banks was sanctioned by and authorized by the law, and it was the duty of the lawmaker to provide, as far as he had power, for the security of those who trusted to the solvency of institutions created by the law. Having by its 01 Aunbe inq SEA # "He equal permission otup #11 opssoed injury. But even if the acts of 1847 did not establish a preference in favor of the bill holder over all other creditors, the Constitutions of 1852 and up em pus eq: BV 'PIP cortain 1864 tervenor's claims seemed to have originated during the existence of one of these Constitutions, their provisions must govern the relative rank of the creditors. Article 120 of the Constitution of 88 speer 1862 " In case of insolvency of any bank or banking -ue eq II"ⁿ" Joesey bolders 1119 the titled to preference in payment over all other creditors of such bank or association." Art. 122, Constitution of 1864, is to the same effect. The application of this article as governing the no of esso sign us ensep III mastier ous grounds by the mortgage creditor. Committed on jo . 111 1 of the United States, because it impairs the rights of the Bank of Louisiana under the charter, which dated long anterior to the Constitution of 1852; and also because it impairs the rights of the mortgage creditor. It is not easy to perceive in what manner the articles 120 of the Constitution of 1852 and 122 of the Constitution of 1864 impair the chartered rights of the Bank of Louisiana, for the simple reason that they neither add to the obligations originally enforced upon the bank, nor subtract from any of the rights or franchises conferred -go pus em BW IVJ og '$) uodn ligations of the bank are concerned, they cannot eq1 MV[ quenbesque Aue sq Percess eq renk or the manner in which the creditors of the bank shall be paid. Indeed, the articles in ques-


Article from New Orleans Republican, March 24, 1870

Click image to open full size in new tab

Article Text

THE COURTS. Seventh District Court. Frederick Mundez vs. Mrs. Myra Clark Gaines.-Plaintiff brought suit to recover $160 in money and a note for $200, given by him for a quit claim deed from defendant to a lot of ground within the limits of the 1920 toises of land lately claimed by Mrs. Gaines, below Canal street, in this city. By consent of both parties, Judge Colleus has made a decree in the case, under which the defendant returns the money and the note, and the quit claim deed is annulled. the plaintiff paying costs. Dirrhammer and Kennard, of counsel, for plaintiff. E. E. Norton, official assignee of C. S. Hayes, vs. John S. Simonds.-This suit was for $25,000, the estimated value of the steamer Starlight, the property of the bankrupt, Hays, which it is alleged he adtransferred to the defendant, to the prejudice of his creditors. Defendant filed peremptory exceptions, stating that Norton was not the legally appointed assignee; that this court has no jurisdiction, and that Norton does not bring the suit for the benefit of the creditors of Hayes, they having released all their claims against him. Judge Collens yesterday rendered & decision in the case, to the effect: 1. That an assignee may sue in & State court to recover the debts due and property belonging to a bankrupt. 2. That the two years' prescription determined by the second section of the bankrupt act, runs from the day the assignee 18 appointed, if the cause of action has previously existed, or from the date when the the cause of action arises, if it arises after appointment. 3. The limitation of four months and of six months, in the thirty-fifth section, apply to transactions which, though fraudulent, intended by the contracting parties to be are real and to be carried into execution; but they do not apply to mere simulations contrived only to create a false appearance of title. It is the same distinction that exists in the civil law between the revocatory action and the declaration of simulation. One is prescribed and the other is not. 4. The assignee represents the bankrupt and is vested with all the bankrupt's rights of action, etc.; but he also represents the creditors and exercises their rights of action to subject the bankrupt's property illegally held or covered by third persons, to the payment of their demands. Exceptions overruled, reserving to the defendant the right of pleading anew the limitation of six and four months npon the merits, should the facts present/a case of fraud instead of mere simulation. Sixth District Court-An Eighth District Court Case State ex rel. William Durbridge VS. F.J. Pratt.-This is a suit is which plaintiff prayed for an injunction restraining defendant, as President of the Slaughter House Company, from forfeiting certain shares of stock owned by him in the company, for non-payhis pro rata assessments. defendant filed a peremptory ment day of exception, Yester- has stating that the Eighth District Court jurisdiction of cases of this character, that and asking that the matter be transferred to court. J.P. Horror of counsel. Alfred D. Evans vs. Opelousas Railroadin this case plaintiff claims six hundred dollars, the amount of coupons held by him He as owner of bonds issued by the company. avers that the company mortgaged certain property to secure the payment of these bonds and coupons, and that Charles Morrepresenting a majority in interest of gan, the bonds issued by the company. brought suit in the United States Circuit Court a under which the property so mortgaged was sold. Plaintiff avers that the amount for the was sold was insufficient to in full the holders of the which pay property bonds; payment and that he has, as yet, received no whatever on the coupons held by him, but that he expects shortly to receive & partial payment out of the proceeds of the property sold. He asks judgment for the six hundred dollars, with interest, subject to a credit of such sum as may be paid from the proceeds of the sale made under the judgment in favor of Charles Morgan. C. Rodney May plaintiff's attorney. Eighth District Court. We understand that Henry C. Dibble, Esq., has been appointed Judge of the Eighth District Court, created by the act of March 16, 1870. United States Circuit Court In the matter of the Bank of Louisiana in bankruptcy, a petition has been filed in this court and returned, with an order of Justice Swayne of the United States Supreme Court, allowing & supersidias.


Article from New Orleans Republican, April 1, 1870

Click image to open full size in new tab

Article Text

THE COURTS. United States District Court-Judge De rell Prealding-Bank of Louisiaua in Bankruptey. In this case a motion was made yesterday by Campbell, Spofford & Campbell and Messrs. Cooley & Phillips, counsel of the commissioners of the Bank, asking that all orders or proceedings had in this case since the granting of the appeal by Judge Swayne, Associate Justice of the United States Supreme Court. be rescinded until the hearing in the Supreme Court on the appeal. The motion was ordered to be set for hearing this morning at eleven o'clock. A. C. Twining VS. Bojac and Girardey.This is a suit brought by Professor Twining, of Yale College, New Haven, Coninecticut, against Bujac and Girardey, of this city, claiming damages to the amount of two hundred thousand dollars for making and using machines substantially according to le ters patent granted to the plaintiff for an improvement in the manufacture of ice; and for further damages claimed to amount to one hundred thousand dollars for profits unlawfully realized by them by vending to others for use the process and invention described in paid letters patent. Defendants' answer sets forth that plaintiff was not the original and first inventor of said process, and denies the novelty of the invention secured by the letters patent referred to. The trial of this case commenced yesterday, and develops already very many points of chemical and mechanical interest. The defendants have manufactured and sold machines under the French patents of Carre and Mignon & Rouart, and have vended to others the rights of using these patents. The plaintiff introduced evidence to show that defendants have already realized large sums from their alleged infringement, and also the evidence of Professor St. John, of the College of Physicians and Surgeous of New York city, and that of President Barnard, of Columbia College, New York, tending to show that the last named patents (Carre and Mignon & Rouart), of 1860 and 1865 in this country, are obvious infringements of the plaintiff's American patent of 1853. The plaintift's individual testimony concerning the origination and development of his own plan; that of Professor St. John, who saw its working at Cleveland, Ohio, where the first results were produced under it; and that of President Barnard, who speaks of the relative working of the principles of plaintiff's and defendants' inventions, after having seen the latter in full and successful operation at the late Paria Exposition-are peculiarly interesting to all scientific persons, as well as to residents of our city, where the daily use of manufactured ice has become a necessity of existence. The taking of testimony was continued yesterday, and the further consideration of the case postponed until such time as the counsel for the parties may agree on. A. B. Long, and Billings & Hughes are attorneys for plaintiff, and Johnson & Denis, of this city, and George Harding, of Philadelphia, for defendants. The Mottos to Suspend Sheriff Maxwell from Office-The Difficulty settled, Richart Vs. Lewis Lane et al -In this case, yesterday, Judge Cooley, of the Sixth District Court, made an order, ex proprio motu, dismissing the rule for contempt against Sheriff Maxwell and Chief Deputy Sheriff Joseph F. Dick, which had been taken the day before in the the matter of the suit of William Richart VS. Lewis Lane et al., reported by us yesterday. This little "Alreup," which has created considerable excitement in the precincts of the courts, is now, happily, at an end.


Article from New Orleans Republican, January 5, 1871

Click image to open full size in new tab

Article Text

OFFICE B G. DE FERIET, street.-THURNDAY, AUCTIONEER, February Y No. 50 Royal o'clock M., at the Royal corner Street 1871, at Exchange, twelve late Bank of be Louisiana, sold by public Auction streets, will Honorable Conti and virtue Royal of an order from the Second the District auction, Louis Davigneaud, by Judge of Orleans, of dated December viz19, Court for the the following parish described with the real estate, buildings and 1. 1870, A LOT OF GROUND, situated in the Second Dis- Bithereon, bounded by Dauphine, by trict and in the and Burgundy streets, C. A. de enville, A on a sketch made dated February the improvements letter Conti square and by designated Armas, frent civil engineer lot and measuring surveyor, twenty-four hundred feet and 12, Dauphine 1870, said street, by a depth and of three one lines on nine the line on tifty-nine nearest feet to ten Conti inches street, running thence ou a narrowing second depth feet six inches, inchea and and five lines, and measur- partly feet ten to Bienville street, and wide, ing on the line of an alley four feet alley," one along forty-si the on side said nearer sketch Common six inches inches and hun- four marked feet three inch and dred and eighty-three opening twenty-two second feet depth one parallel lines, thence lines, and running twenty-three on a feet tive inches six in the seven with Bienville lines, street and thirty-five feet six inches and and lines four rear. and improvements three consist story of that resiThe buildings substantially built with balcony in front, elegant No. and 63 Dauphine street, first floor a fine hall. and two and dence, containing on divided the by sliding doors, large bed- a splendid parlors, second story two third rear gallery: and a in cabinet the detonette, and in the also rooms, story The a wing like distribution. aud back built building. of brick, being contains coatroom three-story on and the a high, ground and floor the four second rooms, story a pantry, four third rooms. story a also, cabinet four privy; water in closets, and in the There is a side gallery the extending and rooms, a cabinet the whole and privy. length of the building water in first and second is neatly stories. paved with and bricks: the gas the fixtures The introduced. yard as also the belong gas, to the property. throughout is the house on the premises. and is a large used shed as a erected There is a in cistern the rear of the lot, hich and wash house. OF GROUND i lio same improvements district 2.A LOT the buildings and sketch by the No. square, with designated on the same and 4 lines front on thereon. 3, measuring 22 feet bid 6 feet inches 2 inches and of 4 4 lines feet on 6 Dauphine line street, along a common measure alley ou the other and inches the in width, the from same lot No. 2 on said line sketch, separatline separating inches it and 3 lines on the Also, another lot ing 22 feet it from : immediately an alley in the in the and rear. rear measuring of said lot 25 feet No. 3, 1 of designated ground by the alley, No. 22 6. feet 1 inch and lines parallel on inch front on an 59 feet deep, between thereon the year Line buildings by and improvements brick residence, times. The of . valuable three-story from the street (No. consist balcony in front, retired on the first door a with 61 Bourbo street). divided containing by sliding doors, gallery open in hall. two parlors two bed rooms and and gallery gallery in the rear, and three bed rooms back wing. the second third story story; also. a kitches, ree-story washing and in the below a cellar, bed rooms. one bath containing ironing room and in a privy, the second two story, third and story, two The bed room rooms, and cabinet privies the and gas privies and in water the outdoduced and there yard is is paved, a eistern ou the OF premises GROUND is ANOTHER LOT with the buildings and 2 improve on said Price and square, designated by the No. front ou Danments sketch, thereon. and measuring feet 22 2 feet inches 4 lines and 4 lines the deep. rear phine street. by 114 lines, 22 feet 1 back inch alleyo on Also, par of which immediately in the on said line, bet parallel of ground, fronts a the No. 5 rear of nother lot No. lot 2. and designated feet by 5 inches and 6 lines said sket . and alley. measuring 23 feet 23 7 inches depth on the rear . front 82 oct on buildings an Taches and and improvements 4 lines house in and consis. dependence of substantial The No. 59 Dauphine three-atory street, brick street exactly similar 60 the cies, buildings No. 61 Dauphine cash, and the Balance payable on in Terms-One-fourth three and four years, eight per cent credit of equal one, two, installments, bearing day of sale until final notes interest of per secured annum by from vendor's the privilege the purchaser and special to payment, on the property sold: five per cent on the mortgage fees, fixed at suit on any of the pay attorney's recovered in case of in the same manner amount notes, said fees to be secured and mortgage; the of 1871, puras the notes, by privilege the payment of the to taxes refund the chaser to assume 1 to the day of sale, for unexpired from January of insurance effected of the and acts of sale and premium and to pay the costs revenue stamps: also of the to term, all United States internal insured for the amount curator of keep the buildings transfer the policy to the it may connotes, and to for account of whom to effect the inthe succession, the holders of of the the notes failure of the purchasers advances surance cern; in the event reimbursements of the and mortthereof so to do, to and be the secured with like privilege public. gage. Acts of sale before Charles G. Andry, ja7 14 21 28 notary fe2