The New York herald., 1869-05-26
FINANCIAL AND COMMERCIAL,

TUESDAY, Nay 25-6 M
The markets In Wall street to-day were unusually
dull spring anguor seeming to creep over matters
and things In that generally busy locality "Orders'
are STEW and far betweenn with the brokers' but
bumcient to make quotations quite active and give
btocks the semblance of great buoyancy. There was
continued and somewhat excited discussion OF the
reticence OF Secretary Boutwell, in not declaring his
policy In the question of buying bonds or three per
cents to eject the sale Of an extra million Of gold.
Those who are short Of gold and governments seem
10 DO harmonious In endeavoring TO frghten holders
Into selling by enlarging upon the probable
lnes OF Mr.. Boutwen's buying the certif-
Gates instead OF bonds. The fact Is, no one
knows what his intentions are The weaker feeling
In gold the secret Of the weakness in governments
and the 'bears" in the latter are naturally very
earnest in spreading any reports which rebound to
their speculative benefit. The range OF governmen ts
To-day was repetition In many points Of the nuc.
tuations Of yesterday. The London quotation, 70,
Created steady, II not better feeling at the noon
board. but the softentng Of the gold Market the dull
pess OF exchange, which prevents the foreign houses
pom increasing their purchases, and the three per
cent rumors operated for lower prices, and the
ket closed at I've O'Clock this evening with the fol-
lowing States sxes 1881. regis
tered, 12oX l2l; do coupon. l2lH 12laI; DO,
rvetwenties, registered, lleK i1eH; do. do,
coupon, 1862, 122N 122N; do do, coupon, 1894,
l16K 11ox do, do, coupon, 1906, 118H 11s>; do.
qo., coupon, 1855, new, 110K 119H; do. do,
coupon. 1857, 119N 11ex; do. do, coupon, 1858,
1l0K 119X; do, ten-forties, registered 1881
eoSX; do. do, coupon 100 1o91S; currency bonds,
loeK 1oeX
! The money market was without any particularly
novel feature until late in the day. when more ac-
tvty ensued and loans were more general at the full
legal rate as Q consequence Of the durry produced
by the announcement OF the defalcaton of the late
President OF the Brooklyn Atlantic National Bank.
II was also reported that the bank had been COM
PEELED to suspend, but on examination the deficit
was found to be limited to $250O0 for portion Of
which the deceased president left certain deeds Of
real estate. Commercial paper was less active at
rates ranging from seven to nine per cent.
Foreign exchange shows further concessions on
the part of drawers and the market is rather unset
tied. few days since large amounts might be pur-
chased at figures lower than the market quotations.
Now, a demand tor q large sum would probably be
regarded with suspicion and induce the drawer to
put up his rates. The weakness which Is character
stic Of the immediate present OF the market is due
to the pressure TO sell bond bills the part OF for
elgn bankers who bought governments freely on the
recent advance In London. The following was the
fange Of rates:-Sterlng, sixty days commercial.
a08A q 10SX; good to prime bankers, 100
1OoK short sight, 1909 11o1<; Paris, sixty days,
t.25 a 51eX; short sight, 5.leA a 61sX; Ant
Yerp. 625 SICK; Switzerland, 5.25 6.1811;
Hamburg, s5H s5X; Amsterdam, 3oX o 4oK;
Frankfort, aoA 4ox; Bremen, TN 7sX; Prus.
sian thalers. 7Ok 71A.
( Gold was comparatively quiet, with the general
tone Of the market weak, under the reaction from
the excitement which carried the price up to the
verge Of las, the declining tendency being assisted
to-day by the reports that Mr., Boutwell, would buy
three per cents instead Of additional million Of
government bonds. The highest price was 141H and
the lowest 140K. From this latter figure there was
reaction to 14oX, due in o measure to appre-
hension for the final results Of the dealcaon In the
Atlantic Bank Of Brooklyn. The disbursements OF
coin interest from the Sub Treasury amounted to
$107813. The course Of the market is shown IN the
kaf,la.-