, 1870-09-29
NEW YORK.
An Exciting Ocean Race,
4, French War Vessel in Full
Chase After q German
Steamer.
Money, Stocks, Etc.


6peciA De~pA:ch to Tho Chicago Tfburc.
GOLD.
NEW foRx, Sept as.-Gald was higher TODAY,
owing TO the report Of the capitulatlou Of S1as.
bouER, n well a the nrmer tone Of The foreign
financial markets, and weakness OF foreign px-
chxnfe. These considerations, however, were
ueo1ralxed by the scarcity OF gold. The dr4tu
lhto Tie Treasury for customs ls NOW reduced 10
IN amount N sman "a to he easily handled by tn.
large holderF. who cxtorted from BORROWERS the
following rates fGz the use Of gold until to-rnos-
row: 1-s2. Lilo, SCI, a-es, ss4 7-s., !; Of per
CENT There vas hope among buyers that tue
Secretary Of the Treasury would eell 4
14sger auonn. Of gold to-day than the m!r-
Ion advertised. There wss no change,
however, In the Treasury programme, and The
market Etre1Gtnened ~ soon a. the dectxton be-
came Known. The opening price Was 1lsx. The
market adranced to l1i4, clos!ng HtKong At these
figures,
TIE A0NEr NARKEr.
The money market continues to work with ex-
Hemc tase to borrowers on Gait at 4fa6 per cent,
with as the ruling rate. In the open market
there was IN improved demand for commesctkr
paper, the best grades Of which passed at 1Qs%
Per cent.
The currency movement continues unlmpor-
tant.
BONDS,
Government bonds we're arm at slight I'd.
vance on yesierdaIs average prices, The im-
proved tone IL due to the better feeling in the
foreign markets. The dealings were emall and
without animation.
ErncKA.
The stock market wos 1fEu on small transac.
lions The fcatures we're Rock Island. Lake
Shore. Northwestern, and ST. Paul. the nuctua-
ttons In each Of which we're not more than one
hAn per cent
FuRx1oH EXCHANGE.
The foreign exchange market *as unset.ted
and weak. Prime bankers s1xty-day sterling
bills were offered 1t lost to 1oa4; sight ranged
from 1iohS to 11o+.
sPEctr sHIrAxSr4
The shfrments Of Epecle, today, by tue Cunnrd
steamers, we've $685.
DEF GOODS.
In the dry goofs ma:ket, there was continued
animation ,and prices were unchanged. The re-
tall trade in the city ia rerr lively.
WHAT.
The wheat market w1s moderately active. Antl
Prices were without much change. The offerings
we're considerably reduced, white the lower ocean
ffetghts and the advance In gold enabled ship
pers to operate freely At old prices: but they did
not par advance, hence business WAS compay1-
ttyelv limited. The sales wete 5000 bushels Of
the common grades OF State and Western.
Ft0TR.
Flours were Inactive. Export demand and
prices wereb per cent better. The hales TOR ex-
port embraced about eco barrels.
CORN.
Corn was fullys per cent lower, and partly
speculative. The sales were l1o, 900 bushels. :"
ITO the Associated Pssss.1
An EXCITING OCEAN RACE.
Of the cnnara nne, which arrived yesistaay%, Iron ron
Liverpool and Queenstown. brings news that
nust cause much nneasiaeas to all th0se Interest,"
Ka,ftR r{1Au 4t& A+R
81 The Hamburg line, when put to SEA Il an early
hpur ycstt tfday morning. About S o'cl,ck In the
moru!nR the Scotia sighted the Hermann. and
steamer was at the time going at an extraordinary
| rate, having on q full heal Of steam. She waa
.; 9p,Ms " 50 1ad a. 70 nc a.
by tie appearance q French r'-'sss 1s1
ss9 9nde1 f 1ns n uek chase
from the Scotia, must hare been within view Of
each other and both seemed inclined to keep Up
the F. enchm-n, and the belief on board tho sco-
u was tnat, should she be able 70 maintain the
| came distance between herself and her pnfsneEs
| ness. Immediately on the arrival OF tue Scotia,
Captain Jadktns reported the matter to the Cus-
hsss Sd nse4 esesee &c ia
eneounter1ng another enemy IN the French Run-
nou wnsa ,o, s0s e. The oueF r.,
passed the German vessel without be-
ing awate Of her presence uad she encouu-
vessel III the rear, the Bremen lima would be
minus vessel to-day. Cut1l We receive further
| news, the Etaycst nppreheusi0u5 must be euter-
tA1QcH for The safety pf the steamer. The Ruu-
boat Bouyet Ia commanded bJ an experienced
/ officer Lieutenant Flinquet, and has aboari q
full complement OF Uep with large stQrts Of an.
| munitton and other wnf materials. she comes
| from s.. Pierre under special orders Las. night
she AMI smother sister vessel ~ quietly a an
! ipp outside SANDY Hook, ami fourth one. Thich
f passcd through Hell Gate Npntlay nicht.
| has nut out TO sea, Expesieuccd
: seafar11R men blame the agents for
starting the Hermann In the daylight aaA all de-
| nouncc the action Of The company tn announcing
officially that the Bremen steamers will resume