, 1872-11-10
WALL. STREET..
Review of the Money, Bond, Stock,
Gold, and Produce Market.

Review Of the Honey Bond, StOcf2>
Gold, and Produce Market.
Special Despatch to The Chicago Tribune.
new YoRR, Nov. 9.-In financial circles during
the past week dulness has been general. The
Presidential election had been completely an
ticipated, but the apathy that followed Tuesdays
contest disappointed many, who had arranged to
be long of stocks and short OF gold. Stocks
havs declined and gold advanced in consequence
Of the unfavorable accounts from Europe, which
represent money as active IN London
and securities lower, both at London and AM
tterdam. The events of the week, therefore,
have been unsatisfactory to the great mass OF
situation at London and Amsterdam, but little
is definitely known here. It is generally conced-
cd, even By foreign bankers, that money is
very active in London at the rates IN the open
count Of the Bank Of England has advanced lper
cent, and that it is now per cent The effect OF
this sexpected to be check Of importations, and
prevent the Banks supply Of coin flowing so fast
rate of the Bank of England is higher than at
any time since 1866, when the rate was advanced,
May II, to 10 per cent in consequence Of the
failure of Overend, Guerney & Co., and the
Greek merchants.
THE monetary market has not been affected by
accounts from abroad. and the supply of cap
ital offering on call throughout the week has
been ample for the wants Of borrowers at and
under the legal rate OF interest. In the DIS
count market, prime business notes have been
been taken at to u per cent Oh the street. At
the banks, applications for discount continue
large.
the high borrowing rates Tor cash gold, but
afterwards became strong, and advanced.
The gold speculation Was Inclined to weak
ness right after the election, but later i'm
proved The two extremes OF the week we're
ing and 11355:, with the highest price current
to-day.
Tue stock market during the week was i1egu-
lar and erratic, and in 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, S8,697, 573; PRO-
duee exports, s5,227,617, and specie EXPORTS
The bank statement is unfavorab1e. The
large loss OF legal-tenders caused considerable
comment. During the week the loans have de-
creased S6oo,60o; circulation decreased, s., LOO !;
deposits decreased, 9999, 700; 1egal-tenders de-
creased, sa,475,5oo; specie increased, 81 $780,
Money closed easy to-day at GOT on call
FOREIGN EXCHANGE
vas stronger and higher, with increased activ-
ity.
The stock market closed up weak at the de-
cline.
ruB11c FUNDS,
Government bonds closed strong at the best
prices of the week.
PRODUCE.
Flour was dull and heavy. Tie large arrivals
and absence Of freight room check inquiry for
export The trade and provincial dealers are buy
ing sparing1y. No. and superhne are more freely
offered, and heavy at the decline. At the ciose
the market was heavy for low and medium
grades, with moderate local demand In wheat
there was more eteadiness among the Light ar
rivals and the advances in gold, but tho ab-
sence of freight room checks the shipping
demand. The market closes easier, owing to
the ndyance in freghtH. The millers hold on
Common winter is tame; choice firm and not
plenty. Pork WIS quiet, but steady in . jobbing
way. About 400 barrels mess sold at SIG, and IS
barrels at S16.12L5. Mess in Q wholesale way le
quoted at SIG cash. Cut meats quiet At the late
decline. Bacon quiet, but firm, at S$$ac Tor long
clear. The market was also flrn 1oe 1nloee
Lard only moderately active.