This building, in St. Charles street, between Canal and Common streets, is so closely squeezed in among others, that it has little opportunity to show off the beauty it possesses. It was erected in 1839, under the superintendence of Sidel & Stewart, at an expense of about $25,000, ground $25,000, making $50,000, and is every way well calculated for a banking house. The original capital was $4,000,000, but it was reduced to $180,000, and by request of the stockholders, the banking privileges have been withdrawn by an act of the Legislature of 1845.
THE CANAL BANK
Has its entrance in the centre of the front on Magazine street, of a substantial granite building which stands on that and the corner of Gravier street. That portion of the edifice is very tastefully arranged after the designs of Dakin, the architect. It was erected in 1845. The residue of the structure is used for stores. Capital, $4,000,000.
THE BANK OF LOUISIANA
Is a fine Ionic building at the south-west corner of Royal and Conti streets, surrounded by a handsome court. The whole edifice is well arranged, the banking room in particular, is admired for its good architectural effect, being 60 feet square, and of a proportionate height, with a fine gallery above. It was commenced by Bickle, Hamlet and Fox, builders, in 1826, and finished the following year, at a cost of $80,000. Capital, $4,000,000.
BANKS' ARCADE
Occupies the front of a square on Magazine street, between Gravier and Natchez streets, having a main entrance, from each of those last named, to the Arcade, which divides the building through the whole length—being three stories high, and covered in with glass, to exclude rain and admit the light. In the lower and second stories, are offices of almost all descriptions—and the third is appropriated mostly to sleeping rooms.
The bar room, opening on Magazine street, is 100 by 60 feet, and 35 in height. It is handsomely embellished, has a gallery surrounding the upper story, and is a popular place for public meetings. It will accommodate 5,000 people on such occasions. This building stands in the centre of business, and, consequently, is a place of great resort for merchants and others. Erected by Thomas Banks in 1833, Charles Zimple, architect.