The New York herald., 1865-06-25

The National Bank Of Commerce has declared semi
annual dividend OF Eve per cent payable July 10
afterwards; and the Bulls Head Bank quarterly div
end of three per cent payable after July The Wash
ingon Marine Insurance Company has declared divi-
dcnd OF three and onc-haf per for the half year
ending July1
Petroleum stocks partially recovering from their
long sagnaon this MARKET the tendency Of prices
Is towards improvement. There reports Of oil dis
coveries in Western Virginia and Kentucky but investors
will do well to look before they leap correspondent Of
che Evansville nd Journal Of lac date states that two
oil wells in the Green river kentucky section Of coun
try have been struck within the past few weeks and the
result has boon two flowing wells, giving each daily
ycld Of one hundred barrels over OF superior qua
ly OF petroleum, worth at the wesl ten dollars per
barrel The Green river regions estimated to be
rich in oil as Oil creek, Pa.
commercial circular, issued by firm Of commission
merchants at Richmond and dated June TO- contains the
following
Daylight appears TO be dawning on our commercial
ercics There has been slight panic among Hebrew
but specuations In that commodity merely ephe
tnerd, resulting from spasmodc action, legitimate
traders are not influenced by them. Farmers have
abundant crops, they labor under great difficulties
for the want of help, Implements horses, wagons ard
those worthy Of credit upon q business basis, which
we have reason 70 hope VIII be carried out Trade
restrictions arc being gradually removed, which
gives fresh impetus 70 many important branches,
especially rags metals and liquors ihe overburdened
market caused by the advent OF advcnturcrs with small
stocks OF goods added TO rash shipments from a points
North Is gradually being relieved by ncighborng pur
chasers and healthy demand for staples sprineing
up, especially for groceries and provisions
The directors Of the Rome, waterown and osdens-
burg Railroad have declared dividend Of FIVE per cent
and the government tax payable on the 18th OF July
nert Dividend on stock registered in New York will
be paid at the Mercantile Bank.
Boston exchange OF the 23d says
Money Ia In plentiful supply at the banks and In the
street. but the demand for Its IL quite limited Call
loans the best securities readily obtained at six
ana In some instances a five per cent, but more 10
charged on weak collateras and on time There is .
Eood outside inquiry for prime mercantile paper and the
pest double names taken at and eight per cent
but ii.e doing In the lower grades, which are offered
NJ higner rates In the general stock market there
not much activity. United States bonds In better
favor ~ he quotations than anything else for invest
ment
A Chicago paper Of the 23d inst observes:-
The demand for currency today was comparatIvely
hight and business at the leading discount houses was
dull Good paper readily passed at Y per cent per
snnum and second and third grades were accepted on
the street a. Per cens per month There was
banks complained Of short supply There is no change
however, In rates. which remain steady at lilo dis
count TO par buying and lilo n premium selling The
bankers sold sparingy TO each other at voc premium
per thousand.
In Cincinnati II ia reported that exchange stin very
nrm the demand being fully up 10 the receipts most
pf the banks We quote at SOC 76c. per 81 900 pre-
mium buying and 1-10c premium selling. There Is,
only moderate amount Of paper Offering for discount
and with an abundant supply Of currency. the monev