, 1865-08-29

market opened At 14Hli. advanced to lt7ss and
closed ct 153H. Silver Is In moderate demand ut
15lGa135.
Governments were dull. We quote:
Five rre1,,e.. . Bu}19e' }6ses selling W.;
Ten Fcrtics. ics.........,....... UA vs.
= The Board Record Just published by J. K
Walsh Co., vii, .uablc banks and bankers to keep
Conveniently an account OF all the United States
Securities In which they may deal
Local Stocks were quiet At w for New, and "a.
for old Cook County SCRIP, and 1o5s5 bid for Cham
ber OF Commerce.
In view OF the favorable adviccs from Europe By
the steamship "city Of Washington" The Bread
etnts markets were excited. Flour was h1Mer;
Wheat advanced 0@Gc; Corn 17ic higher; Oats ~
&c better. Subsequent advices per the North
American being unfayorabe, The advance WAS lost,
and the markets closed quiet
In New York, the money market on Friday
WIS easy Mt 2 cent. The balances offered by psi-
sate lenders arc large while at bank there Il more
freedom in placing Money at call than last week,
and at the reduced rites.
In boston the money market is easy and qnlet
with rather moderate demand, the requirements
Of general business being comparatively Light,
while operations in the stock market ore not suf1-
ccntly active 10 produce much effect upon The nan.
cal condition. Call loans are readily obalunbe at
2 cent, md short time loans al $40. The dis
count market Is without much animation. Its con-
dikion In regard to rates Of interest," supply md de-
mand, has not materially changed during the week,
although there Is less dlstrust Of ordinary business
paper than has prevailed heretofore The frst quail
lty Of mercantile paper still commands q cent,
while lower grades arc neGodalcd at rates cores.
ponding with their quality, generally at ito 10 2
cent. ...... ..... .
In Cincinnati there Ia good supply OF capital.
and as It Is rapidly accumulating, legitimate bor
roucrs experience no difficulty in negotiating such
accommodations rs they require ut SOLO 2 cent
for 1st class signatures and good mercantile bills.
What fs termed outside paper Il etill scrntiniIed
very closely, and holders experiences come difficulty
In p'aciu 1t at better than 1e q cent, and In some
caees as high IS . cent. has been paid for Tempo
rary loans The market for exchange is still work
ing quite close. The nominal rates arr unchanged
at 50G75c . 81, 900 prem. buying, nrd lilo prem.
selling, but dealers, as general thing, refuse TO
rnw, except Tor their regular customers, or those
to whom they arc under obligations, at the rate
quoted above.
- In st. Louis, Government vouchers continue
in small supply. The best were bonght at per
cent. OF, others ut 3h@j of, and unaudited and un-
reported at 6 PET cent of. Checks on Washington
were worth 1hGJ2 per cent. of.
New York sight exchange was steady and firm at
par buying, and Ito per cent premium selling. .
buying and selling for the Issues Of 1861 and 9,94
cents for Issues of 1868.
The New York Herald Of Friday has the fol-
lowing In relation to "Gallagher's:'
ut Is With extreme satisfaction that ne have to
ennonnee r. the @ ovesthr1M ol that speculative pest
which has been dsnoralizing 70 thousands. A he
first session Of The Stock Exchange, the board
passed resolution to the effect that my OF Its
Evening Echanse, W would thereby forfeit such mem.
followed The example Of the regular 6oatd, and
passed the following simifar resolution, BY vote OF
.Hescl1td, That any memoer OF The open board Of
stock brokers who shall be present at or directly Or
commonly designaied IS he Esnlns Ezehaase, E
shsl1 cease 10 be a member Of this board
This sudden and unexpected but sautary action
credit upon the whole body Of stock brokers, and
Will do much TO raise their social reputation. The
better portion Of .hefs number were from the be.
The spsculaors who in thclr greed d gam, prostl-
tuted themselves ut mammon's shrine, and RaCri-
feed health comfort, and in manS cases morality.
iicn that thsonsed he I Fii,h Xs9nue Hotel evsiy
evening il The Early stages of The war when the IN;
gambling Inherent IN lie human heart md
9pread dcptavisy among large multitude It
Was then that tailoEs nd BARRIERS y md gss
little money sailed forth into Wall street,
and, nnder the leadership Of the long since van
guished Morse, asptEed to fortune. ieV soon the
halls OF the hotel became overcroWAed, and the pro
prietoss e1postnlated. A miserable cellar Under.
meath 1t was then rented by pcreon who charged
twenty-five cents each for admission, and this de-
testahle deu-which might we'll be 4kencd TO the
stbIacE hole OF Calcutta WAS actually hequentsd
ia1se re Sa1soo Wss opened on nFoadway, neaT he
corner Of Twenty third street where greater rush
aet fD attended By absnraly large nightly receipts.
Then the lessee Of the bayroom erected q m1rbfe
structure on Twenty fourth stect, and the nightly
cnme wus played there In like manner Subscrfp-
lions were paid for aeas, and the proprietor WIS On
the point Of organizing il into joint stock eoupa
ny when the entire fabric happily crumbled 10 de-
siIuction. To this denonemens the most reapecta-
bic members Of the Stock Exchange
say "Allah be praised.'' The wires aud
children Of stock brokers will rejoice md with the
extinction OF the Evening Exchange horde OF dis-
reputable persons Will be deprived OF their accus
toned excitement. The Evening Exchange, a IT
recently stood, presented the appearance Of bil-
lai1 and bar.room, and did injustice to the Stock
E1ehnnge Of this great city. It gaveit reputation
for vices which did not belong to the most reputa-
bic Of It's members, and degraded speculation into
excuses, and gaye inception to crime. 1t was, 10
sum up IN sentence, disgrace to Wall street, to
the city Of New Xprk and to American clN!izatIou,