New Orleans daily crescent., 1859-06-28
Nem @rIeans 1ailp Grestsnt.
TUESDAY MORNING, JUNE 2s, 1859.
Nem @rItans Munsp Nlarket.
CREscEsr OFFICE, No. 10 Camp street,
Monday Evening June n i9S1

CRESCENT oss5 Tsna., NJ k.1 70 Camp apn. s,ss s,o
The week opens with the peculiarities Of the sea
son-some few calls for money, some few sales of
paper, and some limited quantities Of produce chang
ing hands. The European intelligence brought by
the steamer Bremen does not amount to much The
European mails by the Persia were received to-day
The private correspondence generally reads very
well, so far as commercial and financial affairs are
concerned. Money was cheap in London, ruling on
the Stock Exchange at 2923 59ct The opinion pre-
vailed in Liverpool that money would become much
cheaper, owing to the wishes Of foreigners Presidents
on the continent. we presume) to place their money
in country where it may be really and actually safe,
and it is supposed that the position of England cor
responds with these impressions.
There was very little paper offering on the street
to-day therefore, we have change to note in rates.
The supply continues free for the season. with de-
mand not in excess of last year. In fact, we are
moving along very we'll. and shall continue to do so
if the Bank Of France does not send any large orders
for gold here. 1t cannot be disguised that the mys-
teries of finance as intricate as ever OF course
it was well known that there was shipped from here
last week large sums of coin for the season of the
year. in gold as well silver and the question is
asked, where does it go TOT" Quien sabe.
The Exchange market was exceedingly quiet. We
did not learn of regular SALE The counter rate for
checks on New York was f2ct. prem. Outside we
quote from Ia; prem. Sixty days extremely dull at
l{0l3 dis. In fact, it blank with all operat-
ors. In Sterling the same remark will apply. We
quote from l0s3, for clear bills and frac
tion over in some instances. Francs quiet, and in
some respects decline expected.
The President and Directors of the Canal Bank, in
conformity to usage for the last eight years. declared
dividend Of get out Of the profits of the last six
months, payable to resident stockholders on and
after the LIST Monday in July, and to Northern stock
holders in NewYork at the Office of Matthew Morgan
d Sons, on the 4th day Of August. The net profits
of this bank for the last six months were $2O7 903
The business pro rata y annum is equivalent to
ID l4l00 f2ct, which is doing remarkably well, as
the great Merchants Bank of New York has only re-
Gently made dividend of 81 yet. for the last six
| months. The Bank of America, New York, 81 f9ct.
| The Directors of the Panama Railroad have de-
clared dividend of get out of the earnings of the
six months ending the 3Oth inst, and leaves large
surplus. This is great deal more than our prospec-
tive Tehuantepec Company will have the good luck
to pay. We do not learn anything of the remotest
satisfactory nature in regard to this Company. The
bills drawn on New York are coming back daily. 1t
is well known that the acceptors of the bills in New
| York have made an assignment, which gives to pre-
fered and confidential creditors the privilege of taking
all the assets, leaving, usual in such cases. very
diminutive balances for ordinary creditors.
| We learn that the mail contract has been absorbed
by advances. Mr. ]. P. Benjamin. who has occupied
no ordinary position in this undertaking, has de.
parted for New York, and thence to Europe to
endeavor to make arrangements to save the charter
and privileges. z
The Bids for the Five Million Treasury Notes Loan
| WASHINGTON, June 20, 1859.
The proposals for the five millions Treasury note
loan were opened to-day by the Secretary of the
Treasury. There were upwards of forty bidders and
about thirteen and half millions bid for. Two mil
lions seven hundred thousand were awarded under G
get: namely, from 53@5a Tsct. and 100000 at u
ct. All the other bidders proposed 5sct., among
whom the remainder of the loan will be proportoned