New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-30

NEW YORK MARKET. The Commercial Adver
tiser of Saturday evening, has the following on
the financial movement;
Affairs on Wall street are extremely dull. The
only feature Of interest Is another upward turn IN
GOLD the price at noon having reacted to about
l63. The prospect of the adoption of the tarlh
bill, with provision making the advanced duties
payable on the goods in bond, produces an eXpec-
tation that the importers will require next week
large amount of gold for duties.
The Evening Post of the same date presents the
following some what different reasons for the ad.
vance in Gold:
Gold is higher to-day in consequence, partly, of
the cessation Of the bear operators to depress the
price and partly because the next advices from
Europe will, it is surmised be less favorable. The
scarcity Of coin Tor delivery had also some infu-
enCe in stitfeHing the market.
The loan market is easy at tG5 o cent Com
mercial paper is rather more inquired for, and
passes at 59Q18
The stock market ID dull and offers no new
features of special interest
The Boston Traveller of the 23d says:
The plentifulness of currency, at all the sources
of supply ia plain and well known matter of
fact which hardly needs to be asserted, but it fails
to have that influence in the ailirs Of trade com
merce and stocks which would seem to be a
natural sequence This is owing probably, in part,
to the extreme fluctuations that constantly oc-
curing in the premiums on gold and foreign eX-
change, which keep the other markets in a fever
NATIONAL, BANK FAILURES. - The Harrisburg
(Ps.) Telegraph, of Saturday last, presents the
following new features relative to the failure OF
RessrB, Culver, Penn Co:
The Petroleum bank at Ttus7iIle, Crawford
county, and Yenango bank of Franklin, Venangc
county, had deposited with the auditor general
something like million and half of United States
securities. securitysOr their circulating medium
In accordance with rule in the auditor generate
Office az the notes of these banks sent to thai
department for cancellation, such securities were
returned to the officers of said banks in amounts
equal to che notes cancelled.
1t * alleged now that Mr.. Culver, with others i'm
plicated, who were neither officers nor agents o.
the Petroleum or VenGngo banks, procured from
the auditor generals office the securities thus de
posted, that the officers connected with the audi
tor generals could not have but known that these
securities were not being possessed by the officers
of said bank, frSm the very fact that they were
sent hence from the auditor generals Office to the
branch banking house of Culver, Penn l. Co.. New
York city. And Gen. Slenker assumed a fearful
responsibility when he thus permitted irreBpon
sible parties to carry from the auditor generals
office million and a half of money, to which they
had no claim. The question arses whether
by the act Of Che late auditor general the State il
not made responsible for this loss. II Culver
Penn Co., were officers connected with the Pc
trOleum or Yenango bank, in drawing this money
and sending it to New York as they did they were
acting under false pretenCes. II they we're u0t
officers, then they were clearly guilty Of embez
element.
The people of the oil regions, BY the failure oil
Culver, Penn g. Co., have lost nearly six millions
of dollars. To the loss thus entaed, the reckless
acknowledgement of the auditor generals office, a
million and half of dollars is likely to be added
unless the commonwealth can be made responsible
for this Encouragement, when the amount will
Come out of tho packets Of taxpayers.
Since the above was written and In type we
learn that the auditor general has appointed
Aessrs. Il. G. Aileman. e, q. Williams and Thomas
j. Jordan, Of that city, o commission to examine
the affairs of the VGu&ngo Bank.
The auditor general in the official paper an.
nouncing his appointment, declares that this bank
has committed an act OF insolvency, OF which he
has been furnished with satisfactory evidence.
On Friday morning, Aessrs. c. V. Culver, l.. Fl
Culver sud John r, Penn, comprising the fem oil
Culver, Penn Il Co, were arrested at Franklin by
the chief Of police, from Harrisburg, upon
oharge OF embeK3iement and fraud. The warrant
was Issued st the Instance Of the Petroleum Bank
OF Fnsville At lat accounts they had not sue
oeeasd IN ahtaiHag the requisite bail.
INTERNAL REgENUB.--The receipts on account
Of internal revenue for the present year. up to the
10Th instant inelusiVe, amount to S299 ,OI8 ,438
leaving less than one million of dollars to complete
$500 900, 900, the estimate made at the bureau o
internal revenue Iii now believed that the re
ceipts of the fiscal year, ending with the 3Oth o
this month, will amount to S30G 0OO, 900 from taxes
for internal revenue alone.
TIE CANCELLEU BONDS WdshingfoR. ,Tnpf
Cot appears from Il letter OF the secretary oil
the treasury, addressed TO The House Of Repre-
sentatiyes in reply to resolution of that hndy
that since Tie itst " January fifteen bundred anG
fifty thnnsand il-4O bonds were purchased al
rates ranging rom Va{@y24, or in SAe aggregate
for Sl,4A53h