, 1872-11-11
WALL STREET..
Review of the Money, Bond. Stock,
Gold, and Produce MARKET.
Srecidl Dsspatch to The Chicago Tribune.

Review of the Money! Esond- SsocRs
Gold, and Produce 1lariset.
Sreetal Despatch to The Chicago Tribune.
new YoaE, Nov. Sin financial circles during
the past week dulness has been general. The
Presidential election had been completedly an
ticipated, but the apathy that followed Tuesdays
contest disappointed many, who had arranged to
be long Of stocks and short Of gold. Stocks
have declined and gold advanced in consequence
of the un1arorable accounts from Europe, which
represent money active in London
and securities lower, both at London aud Am
eterdam. Tie events Of the week, therefore,
hare been unsatisfactory to the great mass OF
operators in Wall street. In regard to the real
situation at London and Amsterdam, but little
is definitely known here. It is generally conced-
ed, even by foreign bankers that money is
very active il London at tho rates in the open
market. The cable announces that the rate Of dis
count Of the Bank OF England has advanced 1per
cent and that it is now per cent. Ihe effect o1
prevent the Banks supply ct coin flowing SO fast
to France and Germany. The present discount
rate Of the Bank Of England is higher than at
anv time since 1885, when the rate WAS advanced,
May IL, to 10 per cent in consequence Of the
failure OF Overend, Guerney d Co., and the
The MONETARY market has not been affected by
accounts from abroad, and the supply Of cap
Ital offering on call throughout the week has
NN~
under the legal rate Of interest. In the dis
count market prime business notes have been
been taken at to u per cent on the street.. At
the banks, applicatlons for discount continue
large.
The high borrowing rates for cash gold, but
afterwards became strong, and advanced.
The gold speculation was inclined to weak
ness right after the election, but later in
proved. The two extremes OF the week we're
md 714N 1rifh fin hIphnAt fr}CH CuTTenE
to-day. "
The stock market during the week vas irregu-
Lar and erTatic. and il the main the movement
has been downward
The foreign commerce Of the port for the
week was as follows: General merchandise
imports, including dry goods, $3.50 ,575; pro-
luce exports, S5,227,617, and specie EXPORTS
The bank statement is unfavorable. Tho
large loss Of legal-tenders caused considerable
comment. During the week the loans have de-
creased 5000 500; circulation decreased, ST, ,lUO;
deposits decreased, s999, 700; legal-tenders de-
creased, 50 475 500; specie increased 81 'S'' 0oo
Money closed easy to-day At GOT on call.
FOREIGN EXCHANGE
gas stronger and higher, with increased activ-
Ity.
The stock market closed up weak ct the de-
cline
PUBLIC FUNDS.
Government bonds closed strong at the best
prices Of the week.
PRODUCE.
Flour was dull and heavy. The large arrivals
.nd absence Of freight room check inquiry for
export The trade and provincial dealers are ouf-
ing sparingly No and are IRE coss
tue market vas heavy for low and medium
grades, with moderate locd demand In wheat
there WIS more steadiness among the light a.
rivals and the advance in gold, but the an-
demand. The market closes easier, owing to
the advance in freighta. The millers hold oil:
Common winter is tame; choice firm and not
plenty Pork was quiet, but steady in jobb,ng
wav, About 400 barrels mess sold at SIG, and 70
barrels at S16.1211. Mess in a wholesale way is
quoted at SIG cash Cut meats quiet at the late
decline. Bacon quiet, but firm, at 854c for long
clear. The market was also firm for future.
Lard only moderately active.