The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-10-27
FINANCIAL AND COMMERCIAL.

~-~~~~~>>~~~~~>~c~~~~~ ASA af n
TUESDAY, Oct. 26-oPN.
Considerable interest was manifested to-day as TO
Che course which gold would take under the tele. |
grams from Europe prophesylng the contingency Of |
an outbreak In France the advent OF October %.
Whatever expectations were founded on this antci-
patton Of trouble were doomed to disappointment
the market having been seldom more quiet The |
price OF goia was steady all day at 1sO,s 1907.
The absence Of clearing house checked whatever
speculation might have been engeDdered by these
cable dispatches. and the feeling for . rise
received the additional dampenlng influence
Of the generous 0ner Of the Treasury to cash
all November coupons without rebate a. soon
a. presented. Holders Of coupons took advantage
Of lhs offer and sent In over million ana half dol
lars worth OF coupons to the SubTreasury In this
city. The cable dispatches reporG everything quiet
to-day In France. There was no disposition to buy
for speculation. Indeed, the foreign bankers who
are the most pr0mptt0 interpret signs OF d'flcuty
abroad have been confident from the advance and
Armness Of French rentes that the extent Of the an
Ncpated trouble was greatly magnined. Some
doubt having existed to the highest point touched
IN the recent gold corners the matter Is Of length
ret at rest by the testimony OF broker who AYERS
that upon the order Of customer he bid 1876 for
three hundred thousand dollars on that memorable
Friday. 1t win be remembered that the HERALD
~ the time gave the 6gure as the highest quo
tation Of the day, although tine press otherwise were
unanimous IN fixing IL at lc2x. s8
General Butterfield continues to discharge the
duties OF Assistant Treasurer pending The action Of
she government at Washington upon his resignation
In the meantime It s reported that the position has
been offered to Jacob d. vermilye, President OF the
Nurchanvs' Bank, who declined It. Among the
names mentioned for General Butternelds successor
thonQ nr IA ma
the new Post ONCE ana state Senator Charles T.
Folger The latter Ia said to have positively refused
TO allow the use OF his name, however The friends
Of ex-Assstant Treasurer II. II. Van Dyck are also
pressing nis claims for reappontment, while new
strongly pressed, IN the person OF Jacob Rus
sell, who was chief clerk Of The SubTreasury for
several administrations. BIS a#M
The receiver of the Gold Exchange Bank gives
notice that he wil and after tomorrow. pay the
fourth instalment Of twenty-five per cent on all
adjusted claims, thus liqudating the whole indebt-
edness OF the institution accounts not in dispute
The money market was easy at Ave to Six per cent
On call, with pledge Of government and miscel-
Ianeous coaterals. Foreign exchange was dull and
hover, with the following range OF Understanding,
axty days. commercial, 1885 q 100; good to prime
bankers, 1927 1904; short sight, 1905 1904;
Paris, sixty days, SAX a 5.leA; short sight.
Sis 1885,; Antwerp, 6.21A 6.I6k; Switzerland,
s.2lA 6.leA; Hamburg, 3Sh 80; Amsterdam,
Ok 4OL; Frankfort, 4ok 4os4; Bremen, 7sk
70; Prussian thalers, 70js aTlz.
Government bonds were duh and lower in sym
patty with the decline in gold and weaker market
IN London. report was started that the govern.
ment would tomorrow buy all bonds offered at the
Sub Treasury but it failed to stimulate prices,
the currency balance Of the Treasury Is TOO low
to allow such o transaction. The following
uuo
ing:-United States currency skies. 1917
lo7x; do SKIES, 1881, registered, ll9h
ll9A; do. do, coupon. 1l9h 1l9I; do. nve-
twentes, registered, May and November l14}z us;
DO d. coupon. 1862, do, 1908 1905; do. do, cou-
pom, 1884, do, 11s a1lS; do do, coupon 1865, do.
l19k 1l9k; do. do, registered, January and July,
lit nix; DO. do, coupon, 1886, do, 1l7h
INK; do do, coupon, 1867. do, ll7,4 l171l; 90.
DO, coupon, 1868, DO. l171s l1714 do ten-iortcs,
registered 107X los; do. do. coupon, los a 1854.
State bonds were active IN the North Carolina
special tax issues, which advanced to 40 and de-
clined to 80 The general list quiet and steady,
prices closing as follows at the last board:-Tcn.
nessee ex coupon, e1l el7s; do, new, t3H 541&;
Virginia, ex coupon. 81; do, new. So bid; Georgia
skies, SO; d. sevens, 81 BID; North Carolina ex
coupon II ASK; do. new. 3sh . 3Sx; do, specR
tax, 80; South Carolina new, 90; Missouri Bike
SIX So; do. st. Joseph 81 s7,f; Louisiana Sizes
e5 bid do. levee skies, 63ls bid; do. do, eShts'
SO; Alabama Fights, e2.
The stock market was extremely dull, 'WinR 70
the absence Of the prominent dealers at ne Jerome
Park races and to the general ind,posltion 10
operate The speculative sides the sIrees
seem to be calmly awaiting tr cuimihation
or anairs in New York Centre the question
Of consolidation coming to q votson Monday next.
The only transactions Of any consequence werc 10
Lake Shore, which was heavy 90 lower Inc char'
acter OF the days business yay NC gathered irom
an ,nanecton 81 the followix table Of the highest
and lowest prices OF the Icing stocks:-
II