Clipped From The Times-Picayune

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 - JUaae Market. Tuesday Evening, August fi. There...
JUaae Market. Tuesday Evening, August fi. There being no commerce commerce or trade going bn, excepting light transactious in sugar and molasses for exportation, and sales of previsions previsions and breadstuHt for local consumption, there la no money nor paper market to review. It waa another quiet day In and about the banks. The President ana Director! Director! of tbe Crescent City Bank held a special meeting yesterday, yesterday, and unanimously passed a resolution accepting thfc terms and conditions of Major Gen Sutter's order N-a. N-a. N-a. 2U4. This resolution ia satlstactory to all interested so far as we learn; the 'Iquldation can go on without pressing debtors, and depositors and creditors will, ol course, appreciate the action of tbe Board ol Directors, There not being eqoorcm of tbe Board af Director! of the Merchants' Sank present, tbe action of tbe Directors present waa not known. It Is saoooaed. hownve.r. t h tit a tbe board will accept of tbe trusteeship In the mean- mean- nine, ii ia oiguiy paiiaiecwry w ouserre met mere IS no eicltsment or panic among tbe bill biidara. Tbe regular dealt ri in oncutrant money bave not deorrnteil the value ol tbe itiues of tbe two banks i tbey bave bit purchased nor have tbey encouraged parties to part with them. There were purrnaeea reported aa having been made by atreet brokers tbe cosmopolites, who have no other office or locality than their halt or breeches pockets. Of course it If expected that tbere are tome parties who hive tome of tbe notra who may be forced to telL In the meantime we reiterate our remarks to all holders not to sacrifice. in

Clipped from
  1. The Times-Picayune,
  2. 28 Aug 1862, Thu,
  3. Page 1

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