New Orleans daily crescent., 1859-06-29
geh 0rleans 4aiIp Gresftnt.
WEDNESDAY MORNING, JUNE 20, 1853.
ysh 0rltans Aloneg Markst.
cnEscEsI OFFICE. No, 70 Camp street.

g&w WllfaHs 1lonfg 1larktt.
cnEscEs1 OFFICE. No. 10 Camp street, I
Tuesday evening, June rs. Iss9. !
lhere was nothing turned up, Or turned out to-day
We have passed the summer solstice and the stag
nancy now rules supreme. Notwithstanding the
disturbances in Europe, the same features which
nave attended commercial transactions for the last
twenty years at this season Of the year. now prevail
The growing crops are represented to be progress
ing favoraby, and with ordinary season we shall
DO very well. The planting community prefer large
yields at average and fair prices than short crops
contingent on high prices
There were some sales of paper to.day-maturity
next spring-at the rate of 59ct. The discount
brokers have paucty Of selections to offer their
customers and patrons. We might, with aptitude,
say there is no money market at this moment. The
calls on the banks about to the income but that
income must be deemed as being very diminutive at
this moment. We can, therefore, only remark, that
the money market is decidedly easy and that we
snail proceed along very well for the summer if
there are no more coin operations We have al
luded to the large decrease in the coin held last
week with the banks It was intimated that the
Bank Of France was replenshing its resources and,
from the ramfcations of trade, it is surmised that
is movements had been discerned in bank circles in
our city. 1t is well known that the Bank of France
has no scruples in its for collecting gold and
If 1t loses money on Its purchases as in 1854 55 and
81, it is neither here nor there. But whether the
large coin depletion of banks during last week
was for shipment is not yet dvulged in full.
We are informed that nearly $500 900 in gold was
paid into our branch mint this may have been on
account of the late loan to the United States,
arrangements being made through this city for
share. This may be 30, but it is in proof that $780,
900 in coin was shipped from here last week, $780,
600 of which went to Hamburger course that did
not go to the Bank of Francisco 900 to London,
and $l25 900 to New York-this latter was Mexican
silver and silver bars. Our banks have, however,
lost good deal of coin during the last two months,
considering we have good receipts of silver from
Northern Mexico via Brazos st. Jago. The cor.
responding week of last year showed an increase in
specie of 900, and the year previous ls5) an
increase of $4,000. We have lost for the last four
weeks as follows.
Nay %, 1885, Specie In vaults 1894
June rs, :. .............. i35s10cs
Total decrease. ..................S llS7,Ssl
However, if the specie withdrawn has been done
in the regular course of trade and finance, particu
ary 5000 900 at one time last week from one of the
banks, which either went into the MINT Or to Europe
we cannot complain, it will afford us pleasure to
aid and assist distant markets but quien sabe."
The movements in Stocks to-day were, of course,
limited. We note sales Of 20 shares Star Insurance
Company at Ito, and 100 shares Mechanics and
Traders Bank on P. T..
The President and Directors of the Bank of New
Orleans, last evening declared dividend out of the
earnings for the last six months of f9ct payable
on and after the l1th proxmo. This bank has made
surplus beyond this get, which places the value
of the stock on the books at about $llO 10 share,
The Directors Of the Southern Bank declare div
dend of get on the Both inst, out of the earnings
of the last six months payable to resident stock
holders and after the second Monday Of July and
to Northern stockholders on the 18th of the month,
at the Chemical Bank in New York. A surplus will
remain after the paying of this dividend out of the
earnings for the time alluded. 1t is gratifying to
learn that our banks are not likely to suffer largely
from returned bills of exchange. This bank, we
learn ont Of its large exchange transactions for the
season, has not yet had bill returned.
There were some few transactions in exchange to.
day. The counter rate for checks on New York was
get. prem and transactions outside were closed at
the same rate; thirty days sight at and 4 dis.
sixty days sight at IL dis, and round amount at
ten days sight was closed at par. These are atter-
ing indications that some vitality yet prevails in our
exchange market. In Sterling we learn of sales of
clear bills at lO93, extreme rates ranging from 1904
@l1O-bank rates higher. We did not learn of any
thing being done in document bills. Francs quiet,
ranging from 5.ls2@5.l23 when wanted, though we
might quote 52O@5.l5, with bank drafts higher, say
5.lO@5.064 and sos.
Comparative Condition of the Banks Of Ne,c Or
leans on the last Saturdays Of the month Of June,