The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-08-27
FROM oUR OWN CORRESPONDENCE
Nnw Yonk, WEDNESDAY night,l


August rs, 1858.
The Hon Isaac Toucey Secretary the Navy arrived
here last night his return to Washington from his
home in Connecticut He Il stayng al the Metropolitn
Hotel AS soon his arrival in the city became known
he waited by all the federal officers in the city
and a number OF prominent citizens, At midnight he
was serenaded by the workmen Of the Brooklyn navy
yard and IN response TO the enthusiastic calls of the
crowd lac appeared the balcony and expressed his
thanks for the unexpected compliment that was paid
him. This morning the Secretary paid official visit TO
the navy yard where due preparations had been made
TO receive hun Shortly before eleven clock he drove up
in front of the Iycoum, accompanied by Isaac " Fowler
Emanuel b. Hart, Augustus Schell, Mayor Powell, Geo
Taylor, NJ. G. from Brooklyn, John Cochrane, M c. and
John Kelly, III. O., and number of Others and
ceived by Commodore kearney, commandment Captain
aotes, Captain Hudson, of the Niagara, Commander
Mckinney OF the Sabine and several other officers and
heads OF departments After short stay at the Conmo
dores Office, where the navy yard officials formally
presented to the Secretary he proceeded inspect the
workshops, &c, and then inspected tho Niagara Sabine
San Jacnto and the North Carolina which ast-men-
toned vessel he was received with salute OF seventeen
gums the marines drawn up with presented arms, and
the band playing .Hail Columbia Mr. Toucey next visit
ed the revenue steam cutter Harriet Lane and after
blief stay board that beautiful vessel pulled
across the river to SOC the soop-ofwar Brooklyn,
built by Jacob Westerveit, and receiving her ma
chinery The honorable Secretary seemed much pleased
with his VISIT and frequently expressed his entire atso
ton with what he saw and his qualification ut the
dial manner in which he received During his stay
board the San Jacnto Gust returned from the China
sation,l number of the stepped up to him, and
of their number petitioned for leave for himself and
comrades to so ashore to visit their friends after hrve
months absence The required permission promptly
granted and when few minutes afterwards the rigging
anncd in honor of the Secretary the cheering the
Jack rs all the lustier and ncerer in consequence
OF his kindly compliance with their request When
board the Niagara Mr.. Toucey warmly congratulated
Captain Hudson the part he and his officers and
had taken in the laying of the cable and seemed to take
great interest in the machinery &c, employed in the
execution of the marvellous enterprise
1t Is believed that tho Secretary will leave tomorrow
for Philadelphia unless he be prevailed to accept
invitation from number of most prominent and
influential democratic citizens, who DESTROYS Of the
honor of his company at dinner
1t remarked with pleasure by the Secretary many
friends that he is looking much stronger and in better
health than when he passed through the city few days
since.
The of the Niagara received this evening at
the Hall OF the Union in the Cooper Institute, in
presence of Hon Isaac Iocey Peter Cooper Capt Hud
son. Cyrus w Field and large and distinguished as
semblagc. The gallant sailors eloquenty and feel
ngy addressed by the honored secretary Rev Charles
JONES' Of the Mariners church. and Others and after the
conclusion Of this interesting ceremony proceeded to Pa
lace Garden, 18th street. where entertainment
provided for them by Cyrus W. Field About midnight
they serenaded the Secretary of tho Navy at the Metro
politan Hotel.
The proceedings Of the American council were as
predicted not remarkably encouraging to the hopes of
the Healey Greeley Westbrook fusonsts The advice of
the assembled councillors by Gusavus Adophus Scraggs
against any fusion unless the republicans accept the
American PLATFORM "pure and unadultcated and
against any compromise Of the principles Of party
seemed to find general favor and think that the Com
mercal Advertiser has formed just conclusion when il
declares in surfowful accents that, 'on the whole,
the prospect Of any cordial cooperation between
Americans and republicans at present is not bright
ened by the proceedings of the American State Coun-
Gil. " The republicans very wrath at Mr.. Brookss
insoent prophecy that the republican party is dead.
dead, dead and will know resurrection unless il
gives up its idea nggers aud adopts such plat
form Crittenden Hill, and Marshall stand on
Only fancy such auaciols prediction! How can it
expected that Seward, Thurow Weed, s. Co.. can brook
such basphcmous slight on the true faith and on them,
its faithful apostles 1t is pleasing to know that the
Council reafmed the Bnghampon platform, and passed
resolution making agreement in the necessity and JUS
tce of law excluding the foreign born citizen from
vote in the State until he shall have resided therein
twenty years, e basis Of cooperation nth any other
party "
cannot notice any special alteration in the money
market unless il DO in the readiness with which borrow
comply with the demands of the banks and pay the
slightly advanced rates of discount The supply Of money
offering call is apparently quite abundant ever
hut it docs not that outside of the stock brokers
this sort of bank accommodation is very popular
The movement of the banks in the four principal cities
of the Union, in which weekly reports are made as
shown by their last statements, is as follows
sp1 s,z $50 pspe pos e., $, SPECIE ss Y s
Boston % bb,s4Sooo ao6essoo s,s5sooo S,sssooo
Philadelphia, 2493526 163+S $50 6GO5,SS 2505 800
~ Orleans Aug H. l2Ss32l6 4se5,52a 10922s7b
Total 2l99S3,569 14l Coz 843 54s2OT65
Last week 2l7 62 500 I2,700g07 81 056
There was change to-day in the foreign exchange
market Prices are nominaly the same rs reported in
my last namely 1904 1929 for bankers sterling and
s. l3a 5,1lt for drafts Paris have not heard Of
any large transactions in the loan treasury
notes The following is the current price for land war
rants
Buying Selling.
4oacre warrants .......,,-.. per acre u ~ 81 10
op " ..'.'.....'t. ..--.-'.. VI W
l20 :" :" OBSERVATION-DISCLOSURES. a 81 81
100 /" &C ACKNOWLEDGEMENTS. !" 81 %
The stock market opened very brislly this morning.
but became atte rs tproceeded and closed heavily at
decline Yesterdays closing prices In the western
roads there not much done yesterday Bank
stocks and State securities quiet but prices well
maintained
The market fell off again at tho second board and
heavy for all classes of securities The closing rates