, 1873-01-04
WALL STREET..

Tho Eric Hallway Reported to Srle
Commodore Observation-Disclosures at
tho Money I1otl, Gold, St0cl1s and
Produce Markets.
l1Ew Yonn, Ja,,. 3.--Tho report that tho Eric
Company arc to R,to Commodore Vanderbilt for
about s3,5o0,0 900 Is considered part OF Joy
dould's programme Of rovongo. Tho o4-prosi-
don't OF Eric has not forgiven Tho Commodore
for his conte,np.uous oxproHBions, md pos
sibly horcs to mako good profit
On his 100000 bhares by "squoczing =
tho Commodore, Whether tho suit will
result as fayorably as that against Gould is q
question. for tho " Railway King" will probably
efyo President Watson lively fight before ho
was doubtless Just as gratifying to Gould as Il
he had won 1ognl victory. It il said tllat ho IL
renl,ing moat Of hia profit III tho London
market.
Money WAS actiyo and stringent during tho
greater part Of tho day at 4 to 1-16 per aiena
although just previous to o'clock tho rate
dropped to 7 por cont gold, and aftor TINT hour
aomo lonna wero made at and Q. Primo dis
mum rato for tho boat. Tor fully nyo wooks tho
brokers hayo paid from 1872 to x Of ono por
cont per diem, or from about 1119s to 273el pcr
cont per anntlm.
Petitions nrc in circulation for tho ropoal Of
will doubt1osB DO successful.
Foreign adyicos continue favorable, tho Lon
don market for money being easy and soouritlos
strong.
Southern stalos in default on their interest.
Tho Bank OF Amortca haB received telegram
from New Orleans, that tho payment Of inturost
will DO discontinued for the present, in conse-
quonco Of the delay IN collecting taxos. This
telegram oxprcssea tho hope that The intorost
nae frn ~ will In rannNH1 Mt Nnry Hnv. F0l-
loving close In the wake Of Louisiana, some
counties III Missouri haeo also gone to protest.
The announcement iB n1alo Tint tho interest
on Tho bonds Of Buchanan md lafayette coun,
tics and also that Of tho Knob Nostcr school
bonds will not be I,aid ut present.
AToC1sB.
Stock speculation continues tamo. Some Of
tho largo and controlling doalors aro not In Byna
pathy with tho highor prices, mid 1t ronaains te
| DO Boon whether tLo proseut holders Of st6cks
| who comprise tho grent majority Of tho ni1,al
! professional operators, have power to advance
tho market without .nsintnnco f.utn tho wealthy
| dealers. Tho expected January riso has mol
arrived to my satisfactory oxtont. lilo atocl
market to-day, however, waB firm.
| GOLD AND EXCHANGE.
| Gold was heavy and lower, ranging from 11ls3l
Foreign exchange waa dull
Government bonds wore frmcr, with ligh
| transactions.
| pnoDuCE.
Flour ruled very firm, but, owing to tho bud
ronds, little business can bo done. The stock Ii
hoing stendily reduced and consists largely oi
flour, valued at a8.0o@9.50. Tho light stock
! Liverpool on tho 1ut inst. has induced much con
| fdonce. Tho market closes strong On NIL grades
b,,t business is light. For good No. 2 and super
fine there ia good demand at rathor 1T bette M
Tho light arriya!a and limited stock at Liyerpoo
coupled with tho continued heavy rains there
make holders Indifferent about selling. Til
market closes firm, b1,t quiet; the donant
chiefly for export. Tho mi[ers are not buyin|
to any extont. Pork WAS higher at $500 BIZ
for now meBs, cash on Wholesale lots, and s11.7l
@1i.0O Is asked. Eighty brls sold at $3.50 TO-
nninspoctcd. Cut meata arc gonorally .quiot
Fiyo Thousand lba light Pickled bellie
sold at THO. Dry salted shoulders aro .quotc
firm at 4594lc Oil spot. Bacon IL quiot aud rathe
unsettled. 100 boxes short rib sold at GHHlc
Long clear is quoted at 6e1c, and short do q
TIC. Lard is lrmer for future. SaloB Of 100
tiorces Western ut 791c for January and Sc 70
| February.