New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-06-24
THE COMMERCIAL DEP ART hlENT.
}gEeu 0rlsans atoueu NlarAa.
CREscEyr OFFICE, No. 70 Camp street,
Monday Evening, Jtine 70, 1865 .

3f Monday Evening, June ~, 1866 )
For the season the year there is than an ordinary
amount Of business doing the week commences with some
activity animation in commercial and financial
In paper comprise Thousands OF Al falling
this side Of January next Ut rate per and
of longer dated at second did not learn Of
any transactions Some small sales Of dollars OF
lO5 and American silver Of old coinage at l0d]a 4
In stocks we only Of the sale of few shares of C
zen make certain number Canal Bank is
lcdat1221S to l23 dividend on. @ ,5s.5l g5s 5
The dcnend Northern Exchange to-day in quarters
was very active atpar This Bank for Checks and
with private bankers outside the rates rule from dis
count Thirty days date taken discount Sixty days
Sight on New York, Bankers Bills other grades at III TO
tx discount Some first class Sixty days Boston taken
at IN Sterling ~ OK for Investment, with sales at
az for remittance, with of The Banks asking 10 cent
Francs Paris direct held Is to 1874 for "A bills
Other kinds at market closing in favor
Of drawers ~ el'lt=t-+-E : ~
Wenoiice departure Of Of most distinguished
citizens bankers and Among those embarked the
Magnolia Saturday evening" was Mr. James Robb en- route
for New York and Europe who expects to be absent for one or
years Business and the health Of his family the
Of long Tie business Of his house, however will
be ably represented by the resident partner Mr. p
Wood We noticed Mr. John Pemherton President of the
Merchants Insurance Company Mr.. George Cnrie Duncan
President Carrolton Rairoad exJndge Thomas sdel
Judge VOORHEES, We learn that Judge Slide TOOK
ally of the of Bonds Of the jackson Railroad previous
departure We hope others Of prominent citizens will
likewise and put the road through ct once to Jackson
noticed since decision IN case Oh
Bank Of New Orleans Connolly Co.. for
cause again day since the
Of the defendants for trial. The Court as in the
OPINION commercial community very justly oserrued the
The defendants have made application for an appeal
to tile Supreme The responsibility of the securities ten
dered on the bond are now advsement The Bank
will probability realize its MT an early delay, ud
cial delays only intervening. '4.q. ME-
snAnnva ceasn 81 95 4ns G&a and Banking
u lisa 4 60 non
c ciaeuIaon i i5s5S
p Si IL, hanis far
Other cash liabilities, unpaid dividends 10 lo zsa
t.M w 3 -ys. ~, ,62g
f fsRs n ss s1sasnsS ]
Bs or Ione and Short
f Rssashss Ass SsSs5S
Adividend Of 1--WE per the earnings Of the last
declared to-day payable the resident
first Monday July and the Northern stockholders in
New York the Bank of on the first Monday in
August. ~ 10 ,-s.ttt II u Flg 5aD ~ s7F4
This the surplus 10 be 81 $685. the
competition banking the institution holdsiis own, and wa
nominal surplus worth of which $4,000 is suspended
value at half million Of dollars cash. and others
highe-taking that the business of the Canal and
Basin increasing to have much as can do
present crcumscrbed condition. which however, is greatly
enlarged what IT was seven years ago. IL Inc qeston
ownership could be settled before the 1856 the Canal
might Of immense usefulness tin
business Of city buff should revert 10 the State at thu
time, would not be worth ten dollars 1t would be lik
everything which State has been interested
instance that immaculate corporation the Draining Company
the Nashville Railroad and the Mexican Gulf road to which
the advances. We have grounds for believing that
year after TIL, State becomes possessed of the Canal
Basin IT. will be worthless for all commercial purposes.
1t may in the hands of the State good politca
machine and when it gets TO that there will be end of il
Therefore policy for the State is compromise and sci
the Bank at just what the Company will give for III i
will preferable than 10 be borrowing to
lSrent expenses Of the State.
The weekly statement Of the Banks of the City Of New Yor
1 for Saturday the 14th, is
Tune IS 5s SigsS S4SSSS $$Sst
Increase. s6ss,e5o sl,24s,5oo $500
largest of specie held by the Bank Of America
s. loans the $4,000 The Mel
within thousands Of 80 the Con
i merce 81, 100000.
The is considered very favorable in regard
Specie Deposits which show large increase The spec
line larger than before excepting just after til
Mexican indemnity payment made The average show
nearly seventeen millions and half but the California
cepts Of the week into bank only Saturday. these
tuons probably held the l6 nineteen than eightee
millions which is unprecedeney large and under 9th
state of the market would inevitably produce active
buoyaut Stock market The deposits show nominal
Of 81 900 00 however, the actual increase about s. 90
The expansion of loans continues and would probably be g
if the demand for money active The increase di
the week is about ST00,0OD.
Foreign Exchange New York the 10th frmer nj
under small supply of transient bills. Bankers ai
1O91 no. with commercial bills ruling l0S 1O91
! Francs S 1614 to IT,