, 1872-11-01
WALL STREET..

Review OF the Money, Bond, Gold,
Stock, and Produce Markets.
Special Despatch to The Chicago Tribune.
new YORK, Oct. 31.-Ihe markets, excepting
the stock market, we're very quiet. Money was
closer to-day, althou5h not stringent. Early in
the day call loans ranged from per cent cur
rency to per cent gold but lator defined to s
per cent currency. and afterwards advanced to s
per cent gold. In the money market stock
brokers are accommodating at GOT per cent;
and prime mercantile paper sells in the open
market at 10@12 per cent
STOCKS.
On the Stock Exchange, the depression cur
rent at tie final close, yesterday afternoon, gave
wayto tirmer feeling and 8 higher range Of
values. Both the fluctuations and the volume Of
business, to-day, were concentrated in few
leading shares, the same as yesterday.
Telegrams from Washington, this afternoon,
stated TINT the amount Of legal tender notes out
standing, to,day vas Sseo soo oo an increase
tainly indicate that Secretary Boutwell, has reis-
sued some of the $44. 900 contracted for by
Secretary McCulloch.
FOREIGN EXCHANGE
was heavy and lower, With very limited demand
for bills. The bankers report an Increased sup
ply Of cotton bills at the Southern ports, which
fact exercises depressing influence here.
Again, there is vague fear Of another squeeze
in cash gold, and this also has it's effect
was steady and uniform at the opening, but
afterwards became firm.
GOVERNMENT BONDS
closed frmer; business small.
NEW ISSUE OF RAILWAY BONDS.
Touching the new issue Of $40, 1000 OF
bonds by the Chicago l. Northwestern Company
the Herald money article says: Under the
laws OF the Stock Exchange, the new issue can
not be marketed without the preliminary thirty
days notice to the Board, but the gossip Of Wall
able Daniel Drew were f:short" of Northwest
ern to the extent of thousands Of shares,
and after failing to come to settlement
with the "buu" pool headed by Jay Gould
and the leading operators in Lake Shore, we're
driven to the necessity Of making an ISSUE OF
bonds convertible into stock to disrupt the
Tightening folds Of the threatened corner.
The Euening Post Gays: Tho gross receipts
of the New York Central and Hudson River
Railroads for the last twelve months amount to
about $4,000, 900. In regard to the double
tracking of the Lake Shore & Michigan South
ern Railway, the Company are now using their
new double track as follows: From Buffalo to
Fat aa@bq1s e IS ss tha Angola g a5a to ,as Wsst
In ten days they will open doub1a-track from
Wcstfold to the Northeast, and the remainder
from Hamburger to Angola in twenty days, thus
completing tho track from Buffalo to Erie before
L.
and Erie is now in use the entire distance, e1-
cept between Madison aud Willoughby, . dls-
tance of % miles and between Cleveland and
Toledo, 1t is in the same state of completion.
The managers thus seem to be determined to
redeem their promise to have their entire
double-track Between Buffalo and Toledo finish
ed previous to Jan. !, 1873.
PRODUCE.
The demand for flour was more general as the
facilities for moving it improve. Prices are with
ont change to note. Shipping brands sa1able
and steady medium grades irregular family
firm; No. fairly active; superdne more plenty
and in fair demand. At the close there was
more general demand, but the market is still
irregular, with more disposition to buy for future.
Wheat WIS firmer private advices from London,
Liverpool and Hamburg we're satisfactory light
arrivals and easier freighs giving sellers slight
advantage. The market was moro
Low grades Of winter we're better. Common
dull steady demand chiefly for export. Pork
lower for whole parcels jobbing lots are selling
at yesterdays prices. For future delivery
nothing doing. Cut meats are quite active, but
weaker on shoulders. Sales Of $500 pieces at
lac for hams and 16c for smoked shoulders !;
and 1000 lbs bellies at 896@811c in bulk, and
8s1c in boxes. Bacon inactive and heavy. Lard
wealer, especially for future.