The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-10-27
THE NEW YORK MONEY MARKET.

The following extracts show the state OF the New
York money market yesterday
From the Herald.
considerable interest was manifested to-day az to
the course which gold would take under the tele-
grams from Europe prophesying the contingency OF
an outbreak in France on the advent of october 26.
Whatever expectations founded on this antici-
patton of trouble were doomed to disappointment,
the market having been seldom more Quiet The
price of gold was steady all day at 1870 ISGl804 The
absence of clearing house checked whatever
speculation might have been engendered by these
cable dispatches, and the feeling for rise re-
ceved the additional dampening influence of the
generous offer OF the Treasury to cash all Novem-
ber coupons without rebate as soon presented
Holders OF coupsns took advantage OF this offer
and sent in over a million and half of dollars
worth of coupons TO the Sub-Treasury in this CITY,
The cable dispatches report everything quiet to-day
in France. There was no disposition to buy for
speculation. Indeed the foreign bankers who are
the most prompt to interpret signs Of difficulty
abroad have been confident from the advance and
frmness OF French rentes that the extent of the
anticipated trouble was greatly magnlled. Some
doubt having existed to the highest point touched
in the recent gold corner, the matter is at length
SET at rest by the testimony of broker who AYERS
that upon the order of a customer he bid l65 for
three hundred thousand dollars on that memorable
Friday II will be remembered that the Herald at
the time gave the above figure as the highest quota
tion of the day, although the press otherwise were
unanimous in fixing 1t at 1927. ,.,. A..
'.General Butterheld continues TO discharge the
duties of Assistant Treasurer pending the action OF
the Government at Washington upon MS reslgna-
ton In the meantime It is reported that 1le posi-
OF the Merchants Bank, who declined IT, Among the
names mentioned for General Buttelhelds successor
are those of Calvin c. Hurlbud, superintendent OF
the new Post ONCE and State Senator Cnarles l.
FolgeT The latter is said TO have positively re-
fused to allow the use OF his name however Ile
friends OF cN-Assistant Treasurer II. ii. van DyGk
are also pressing his claims for Teappolntment whlle
a new man is strongly pressed, IN the person 9l
Jacob Russell, who was chief clerk OF the Suo-
Treasury for several administrations. 49,.
"Ihe receiver Of the Gold exchange Bank gives
notice that he WILL and after Tomorrow pay Ie
fourth instalment OF twenty-five per cent on an
adjusted claims thus liquidating the Wnoe lhueot-
edness OF the institution accounts not IN dispute
"The money market was easy at nVe 10 slA per
cent. on call with pledge of Government ana mis-
celaneous collateIals. Foreign exchange was dull
and lower.
"Government bonds were dull and lower, IN sym
pathy with the decline in gold and weaker market
IN London A report was started that Inc Govern
ment would tomorrow buy all bonds onereu al lhe
Sub-Treasury, but IL fail'd to stimulate prices as
the currency balance Of the Treasury Is TOO low 10
allow such a transaction. The IOllOwlhS
We're the closing street quotations TINS evening"
United stat cur ency 6s, 1e1I@1OISi do 6s, 1851,
registered, l9H 9119S; do. do, coupon, llgHg
1895 do b o. egistered, May and November, ll43
@1l5; do. do, coupon, 1862, do, l2Oh@l2OS; DO
lS05 DO, l9A@ll9N; DO. do, registered January IIa
and July nT@l17]4 do. do, coupon, lsOo do ~ .
CallIA do. do, coupon, 1867, do, llIA@llt& 90
DO, coupon, 1865 do, III S@li7A do, lO-iOs regis
tered lOI24@lOs DO. DO, coupon, lOs@lO