, 1865-01-19

The gold market here was lull and weak, OPEN
ing at $214 advancing to II 10. aud closing heavy
at salt. The demand was chiefly On account Of
snort.kellers. Silver was steady at $2.05, with
light offerings.
Government bonds are steady, with fa1r de-
mapd. Fiye-twentles we're In moderate request at
s1o9, with sellers at stGot. Ten-fortcs-5l07,
buying ard @1o3 selling.
The Chicago Stock Exchange Is now fully Or
canizcd, and they hold a meeting this evening for
the purpoec Of making final arrangements to hold
regular meetings. A large number Of our heavy
capitalists hare Joined 1t, and there Is every pros
pect Of II proving success. A fne suite ofHooms
have been rented and furnished on Dearborn street,
In the came building with the Northwestern Ma
tional Bank.
The money market In Philadelphia continues
epsy. Capital Ia freely offered at GOT per cent per
cunum on call, and prime paper scarce.
The money market in New York Is ensy, and
brokers arc readily supplied with MI they want at
7per cent on call Discounts are easy and rates
favor the seller. Good to fair names arc quoted
ats@l0pe cent.
in New York the market for Foreign Exchange
Ia nominal at the following rites, viz:
Bankers Sterling, 60 days. 1927
EnukGfs' S teIl1ng, days. llg9
Merchants Stetl1ng iu353 tost
tender and bank-bill currency, in the money mar
ket, which lis readily obtained By borrowers In
good credit at six per cent, principally on n.y.
pothecations OF prime securities. The city banSs
arc dscounting Ibera'ly for their regular CUSTOM
ers and others, and could do still more Il 1t were
needed, but at present the commercial wants arc
rather limited. The discount houses arc dealing
more in certificates than In notes. Iho nest tnree
and four months names were sold on the 47ta a.
sevcn and brokerage. With regard to advance on
slocke, the Eo:ton AdE<rfiser says: Private lend
ers on stocks are more particular than tAey nave
been heretofore, In their selections OF pledges,
and they REQUIRE Increased margins In most In
etances, to guard against loss as the low rate Or
interest hardly amounts to more than guaranty
commission, on full advance.
Al the annual meeting OF tho Atlantic and
Great Western Railway Company Of Pennsylva-
MIA, held m Monday, January 9th, at the Mc1lc.-
~ House, in MeRdvillc, the following directors
and officers were chosen:
President, j, j. Shryock; Vlco Pres1dent, I. )" =
Eenna1d; Directors, G. Church; ). q. R. Ross,
III. Keut, l. ". Mumfora, Samuel Wann, John
Dick, VIM. Thorp, G. Y. Culver. George a. bltsen-
banner, ", G. Hamilton, Pearson Church.
| with regard to the probable future course OF
gold, which regulates all our markets at present.
the N. 7, Commercial Adrtrtastr says:
"Judging from the present military aspect tas
immediate tendency Of events must DO towards
| tteadi1y improving the yalnt or the currency.
The rebels have now, virtually, but one army that
can present any resistance to our rapid occupation
e teIes the1 aTe nafts st shoe9
ali into our hands aud there is apparently =, no
So n aSeaEs 4eeps ay oas of
uncertainties 81 war, Jet 1t agPests quite reasona.
BE to expect Win much confidence . succession
of1mportant victories, eacn one tehoing 1ototu tuet
/ T%1Y71n
reaefS s apet movement m oi specie appears likely
to favor a reduction In price. Those who have
watched he eees Ipos ean nS 9,at he nuencs
Of that sources Of demand upon the premium. D1'
Tiue the strong upward tendency Of gold prevail,
several weeks 6etose @ w. e49se HcS,nue ars
beIyahi tey ag snacuiaon. Several million. Of dol
iars of such bls have been boarded IN anticipation
further rise IN god 4 ana na1 iofsn 6anes
TNhsn aI otberWise exchange would have been used
Alargc amount yet remains 4 On nana ne5e I aE ano
tho steady ali IN gold ana me o apen
IT. MILITARY neop he market for sae Thi
vii tead q largely reduce the exports q specie e
he sane e,1i s Ssas net below haf what aay weit
At tHhe ssr1r nerfod 81 last year; while our ex
ports are veil sustained. Nor Is It mptoo
sEs i3!s' sas
Government has M eecu1ed D ,;n o3ies M Me @ shai
nas t anpat eF1obaby onebaif Of this would 20 Il
, iiyernao1 liz suddeniy increasing the indebtedness
ssf SSs s ssss; e. s. ssrS Ss5
snted IA H. csptpre Of cotton at Charleston
% Wii%ipetou. X md by The planters forwarding thei
ssRnfNsd f NRsaa R95as aopsa1 ao5 ali ce@
ta}n eeG rFobable that at very distant peri
3D. we % nay lot ony hare The expert ei gold great
y reduced but nay ncinc nays nnon the maPRst
ai,nfui.hsI demand and an Increased supply. No
shou1d Il be overlooked that the s1trcmo olighnea
If lie imnorts Of merchandise will reduce tho de