PROSPECTUS D IL Y PAPE ER, To De issued om tue first of October nert, qaader the title of

il The N. 0. Commercial Times,
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Dercted 10 Commerce. Agriculture, Literature.

 and he Arts.

 TNHE undersigned propose publishing on the first A day of October next, a DAILY PAPER, under | the above title.

 The rapidly increasing importance of the city of New Orleans, which seems destined at no remote period to occupy the most prominent position this continent as Commercial Emporium, has led the publishers to believe that an organ specially devoted to the cause of the Mercantile and Agricultural classes, will meet that fostering support and encour agement, which this community has at all times SO hberay extended to enterprise, having for it's ob- lect the advancement and prosperity of these impor- tant interests.

 Descending all political controversy, 1t is the ln- tenion of the undersigned to impart to their Jour nal a character thoroughly commercial. To this end the most ample and detailed reports of the daily operations in the market, with careful review Of the momentary transactions will be given; in short all information which may be useful to the man of business, will be embodied in their columns. Every effort will be used to render this department rate and ompiete-Alrangement are in progress, for regular and efficient correspondence with Wrl- ters of acknowledged ability, in Europe and in the Northern and Western cities, which will enable the undersigned to present to their readers and eptome ot events In those quarters, more interesting than can be gleaned from other sources. The reports ol transactions in this market, will be under the man agement of Mn. L. HEYiIGER, who for many years past has been associated with some of the leading journals of this city, as their Commercial Editor. Looking to the immcnse, and rapidly extending value of the Agricultural interests oi the South West, it will be the constant aim of the Editors to place before their readers all such information as may tend to the improvement of those prominent staples which constitute the main prop of the com mereial greatness of New Orleans. Deeply impress ed with the importance of this subject, and viewing it in all its notifications, feature absolutely cessary and essential, it is the intention of the un- dersigned to apply to this Department the most zeal ous and untirlng assldulty.

 The subject of PUBLIC EDUCATION, more part- cularly relating to Common Schools as suited to the wants of the the South, will be brought to the pub lie notice, of the most important auXlliaries in giving permanency to our Institutions. LITERA- TURF and the FINE ARTs will also have their place, and be advocated with the zeal their importance de- mands.

 MR. T B THORPE, by long residence identif- ed with the South, and of acknowledged ability a writer, will have charge of the Editorial Department of the paper.

 G. A Semi-areekly country edition will be issued on "Wednesday and Saturday. containing complete price current, and reviewing of the market, togeth with ali 1e reading matter comprised in the daily paper.-Price S5 per annum.

 Hedging their best energies to the accomplish ment of the undertaking, the undersigned respect fully solicit the patronage of the Public.

 LEWIS HEYLIGER,

 CHARLES BLACK,

 DAVID BRAVO.

 New Orleans, 29th April, 1851.