, 1872-12-12
WALL STREET..

Review of the Money, BOND, Gold,
Stock, md Produce Markets.
Special Dsspach to The Chicago T4ibune.
New YoRK, Dec 11.-The stock market Tss
generally firm today, with activity and fuctua~
tions in few shares. Pacific Mail was the most
active in the List, owing it is said, to the cover
ing OF short contracts more than to any organ
izad "bull" movement. Hannibal i St. Joseph.
common was the next feature, opening at u,
declining to Al, and late in the day advancing to:
473s. The preferred stock advanced from 6615 tE
695@ on small transactions. Western Union
WAS active in the morning at m advance from
Tx to 79. Wabash was firm, and advanced.
from 10 to 711z. Boston, Hartford, and Eria
advanced from 89S to ~. The balance Of tho
market was dull and firm. There seems to be
stocks are 1oanlng below the regular rates for
money. Commission brokers, generally, are car.
rying liberal Lines OF stocks for customers, who
have fortified" against ''the January nse,"
which is always expected but sometimes fails.:
be under the special patronage Of the smaller
class Of specu1atora. Large and prominent,
operators are apparently Indifferent spectators
on the Stock Exchange at present. The move.
ment in Western Union is by pool, which does
appear to have no sympathy with it, they still
believing Congress will take some action ca1cu-'
lated to impair the value OF the property.
MONEY. ::
The money market WAS active and close. Bor-
rowers On call paid from per cent to 1-322::
Prime discounts are dull in the present condi-
ton OF the call loan market. The quotatioa for
prime bills remains at 10@12.
GOLD
was frmer, and advanced from 1t236 to 112HS7.
On the increased frmnes5 OF foreign exchanges
the bulk OF the business was done at 112s<.
Of the recent decline in gold, the Herald
money article says:
The GALES Of long gold BY parties who forsee the in
ports the coming season, owing to the over 1nporta.
tons Of the past year, and oFerstocked supply gooda
not TO SPEAK e. o. the f 91aa t to lover god
country, readily explain the decline. It is also vel
understood that Secretary boutwell, is planning to
coed Senator Wilson in the Senate and will exert every
effort to depress gold and make favor with the capital
is:s who compose the Massachusetts Legislature and
who are desirous Of contraction
EXCHANGE.
Foreign exchange, to-day, WAS very strong,
and advanced. Merchants arc now disposed to
remit more freely, in order to close up their OBJ
legations to Europe. In addition to this demand,
the bankers are liberal buyers, and everything
offered in commercial sterling ie quickly ab-
sorbed by them Recently some American sccu-
rites have returned from the Other side. which
makes some demand for exchange, and early in
the future the bankers have large remittences to
make On account Of interest and dividends
BONDS.
Government bonds advanced in sympathy with
gold. The dealings were small.
PRODUCT.
At the close flour was dull and heavy No. q
and superdne freely offered and lower. Wheat
closes quiet, but firm, for spring, and stronger
for winter. There is a limited speculative in
quiry for amber. Pork was frner :; $50 brls OF
new mess, for this week, sold st s13.75; $50 brla
orally quiet sales Of as boxes ribbed bellies
at 3Lc and few light picked bellies in bnlk at
&c; shoulders, SC bid and SIC aakod Bacon
quiet. Lard in good demand and higher. Sales:
1,670 tierces at Sc for Western and city, ana 74c
for No. Western to arrive for future delivery,
1000 tierces February BIC.