The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-07-31
FINANCIAL AND COMMERCIAL,
FRIDAY. July so--s 2. N.

FRIDAY, July 80-6 r. N.
The markets were duh to-day, perhaps most so
since the summer season sst in Even the Wander
bit stocks were comparatively Inactive and ne
elected. The money market was without new fea-
ture. except that there was shade less Inquiry Tor
funds. The rate on call was and per cent
with the usual exceptions at prime collaterals
The CHEF attraction OF the day the government
market where considerable excitement prevailed
over remarkable rise In all the issues.
Daseu upon direct speculative purchases OF
stock houses, wa0 still boldly assert that
Secretary Boutwell, intends TO continue his extra
purchases OF bonds during the month OF August.
Nothing Is known officially from Washington with
reference to the matter, but the operators referred
TO announce that they have positive Information OF
his plans. The termination OF the July purchases
last wednesday induced q great many "bear sies,
and seyera! prominent government dealers are re-
ported "shorr OF the market Perhaps the stock
operators saw an opportunity thus presented OF
making corner" the scarcity OF some oil the
Issues being euoh as to enable them sue
ceSsfuliY TO manage one. and inc less pold
government operators have been caught IN their
own trap. 1t Is an interesting battle between the
two classes OF Wall street operators. The stock
operators are shrewd aud have long been watching
an opportunity TO 'twlst' the government men,
whose professions OF 'm0re legitimate" business
have rendred them somewhat unpopular. No
pOleon. 1t IL well known, goes to war for an Idea
Here are two sets OF business men in desperate
contest arising out OF q like unsubstantia origin.
The rise OF 1ve-twenties In London to s3H ma
terally aided the "bulls.n for the German bankers
came in "a buyers AT the top OF the market in
the afternoon the 62's sold at 1854, and
the 67s at 122k Tie speculative interest was again
strong on tbs tenfort!es, the coupons selling ut
1l41s and upon the currency skies. which rose to
ll0lS Toward the end OF street business there was
reaction from the highest prices, and the market
closed al i've O'Clock this evening With the following
quotations:-Unsed states sixes 1881. registered.
l2s,S 1894; do. do, coupon. l25x l24; do nve-
twenties, registered, l22A 1913, do. do, coupon,
1852, 1a5 l25 do. do, coupon, 1904, 1881 l1SH;
do: do. coupon 1895, l2sH 1854; do. do coupon.
new 1866, I223 122I: do. do, coupon 1867, 1924
I22k; do d., coupon, 1865 1875 i22%; do ten
iorties. registered. lax ll43s; 20. do, coupon.
l14A 1l4X; currency bonds, ITO Il llo,f.
AT the close OF the homicide trail yesterday In the
Court OF Oyer and Terminer. Judge Card0zo told
the District Attorney to give notice to the persons
who had pleaded guilty TO the indictments for usury
to attend on tile 10th of August at eleven A. NJ
when sentence would be pronounced.
Foreign exchange was barely steady, the Offer
ngs Of second class bills being quite abundant The
range OF quotations was as Notwithstanding sixty
days, commercial, lO53a io5Sa Boou W priue "hA
ers' I09M 1lox; short sight, 11ok l1o%; Paris,
sixty days, 5.lS+ 5.l3A; short sight, o.l3's
a 5.11A; Antwerp. 5.1SX q 5.l31i; Switzerland
5.1s4 5.137i; Hamburg, S5's S52S; Amsterdam,
40X 4O2l; Frankfort, 4oA io2s; Bremen. 1879 q
TAX; Prussan thalers, 7o1i IA
The gold market was dun and the early transac-
lions the result OF sales on the "bear" side. Inc
feeling for decline stimulated by the light en-
gagements OF specie for the City OF Brooklyn, which
sails tomorrow and the price broke TO 1865. From
this point there sharp rally 10 1905 just before
| The closing OF the Cold Room. The course OF the
| -narkel ia shown in the table,