, 1873-03-05
WALL STREET..

Review Of the Money. Gold, lSond
Stock. ana Produce Mnrkets-
Spseiul Dispatch to The Chicago Tribune.
NEW YonK, March 4.-The stock market to
day rallied somewhat from the decentralization O
yesterday, though its course was tnther irrcgu
lar. Strong parties showed an encouraging dis
position to buy, and leading 81 bulls y displa.
good nerve in sustaining pricss- The future o
Pacific Mail is earnestly discussed. II, Us il
represented, the Company are building eigh
steamers, this outlay will be abou
es.oo0,oo0, and they have bough
four steamers OF the Webb line
for temporary use, at cost OF So, ,o00, 600. Il
view OF this heavy outlay, hopes Of early divi
dends are dissipated. Rumor places Mr. Stock
wells losses 80 far at abont s., 600, ,000- The ad
vance to-day was most marked in Pacific Mail,
Western Union, Lake Shore, New York Central,
and Panama- At the close, the market was
weak,
Was stringent in the main, although there were
intervals OF comparative ease. The stock
brokers paid from l-92 to II, with a considerable
portion Of the business at 1-16- During the
afternoon the rate dropped from II to 1882, and
afterward returned to Is, with the late business
at 1-16 to Is. Time loans Tor currency do not
indicate an easing up Of money in tho early
future, the rates being per cent and a commits
cent for sixty days. Some Of the banks are
shipping currency to Chicago and Cincinnati.
Time loans in gold are quoted at 1-16 to H for
carrying for thirty days; fiat to LIS for sixty
days; flat to 116 for use for ninety days; 59 to 4
for four months; Il for six months, and per
cent for all the year,
The Presidents inaugural attracted some at
tention in financial circles, in consequence Of it's
a11usion to specie payments and cheap transit
for freight between the seaboard and tho inte-
III. k~s n{nn ~
direct opposition to the reports current On the
street to-day, indicating a reissue Of q part or
the whole Of the 944, 600 coo legal-tender notes.
There is no fear OF imitation, however, until Sec
retary Boutwell's Senatorial candidacy s settled,
On the 11tl inst.
Mercantile paper is neglected and nominal
was weak in the morning, and declined from
115A to lax, but rallied to 115h..
Foreign exchange was heavy and lower. The
supply to-day was increased by offerings OF bills
drawn against the bonds Of the California and
Oregon Branch Of the Central Pacific Railroad.
These bonds, amounting TO g, ,000, 900, have re-
Gently been put on tho London Stock E1-
change.
BONDS.
Governments we're dull aud without feature.
PRODUCE.
Flour closes more active with steadier feel
ing IN low grades Of shipping extras, which are
scarce, and in fair demand. Medium extras aro
uu41 huu La14e. - "Aeat @Ae1o - q buoA uesleo
Of 6rmness, but dealers arc apart in their views.
Choice spring is most sought after. Winter is
dull and nominal. Pork is firm and there VAS
some demand, with sales Of 125 br1s at 815.6211
for new mess, S12.00 for extra prime,
and SI4-00 for Western prime
mess without iron hoops. For future
delivery, 500 br1s sold at $3.50 for April and
May. Cut meats are moderately active. For
dry salted shoulders &c is asked and SIC reported
bid Picked hams are quoted at 1014@11Hc.
OF picked bellies Is boxes, Il lbs, sold at So.
Bacon is moderately active and steady with sales
OF 800 boxes at Sc for short clear; 715c for long
clear, and SIC for short clear for April. Lard
is fairly active for Western. Sales are reported
OF $500 tcs ut SIC for March; 11-1ec for April,
and 8Lc for Nav.