, 1873-01-14
WALL. STREET.
Review OF the Money, Bond, Gold.
Stock. md Produce markefas

Stock, nnd Produce Markets.
Special Despatch to Tbs Chicago Tribune.
NEW YonK, Jan. 13.-Money was easier to-
day. The bulk Of the business On call Was at Z
per cent, although at the close some loans were
made at SOC per cent. In the market for mer-
camille paper there is q good inquiry, prime
names selling all the way from to IL per cent,
The city banks are receiving currency from
the interior, the greater part Us yet,
however, being in National B ank notes. The
recent exceptional shipments Of gold arc
against the money market, but it is otexpected
these will continue. The fact that the European
markets hare practically been closed for si1
months past 10 all American securities, except
United States bonds, and that We haye few or
recent specie exports. The, European
' better condition for american An % Securities s
Some Of the leading railroads will probably
and German markets, I'll of which will help to
pay for our excessive imports OF foreign goods.
The condition Of the banks at the beginning Of
the new year, as compared with the corresponding
time in 1874 and 1871, suggests conservative
management on all sides, and it is evident that,
as far Us the money market is concerned, there
will be less to toupt speculative expansion
at the Stock Exchange than for two years past.
Foreign advices continue favorable both for
AAASA4py AAAA 1ELA4Ak4Io'
STOCKS.
The stock market was very irregular, somo
shares showing increased strength and others
considerable weakness. The strong stocks we're
advanced on report that an injunction had
been laid On tho proposed issue OF $4,000, 900,
but the officers Of the Company know nothing
in regard to the matter. Western Union lost
some strength at the close, when it was report
ed that the Executive Committee of the Di-
rectors had referred the question Of
reducing the 1atos to tho President Of the Com
pany, with power to act. It is stated that the
President ia in favor Of lower rates, owing to
weak stocks wero New York Central, Union
Pacific, and Erie. Union Pacific has been
depressed by tho operations in Washington.
In regard to Eric, which has been weak both
here and ia London, declining there per cent
as in'' boen cnf4ep. that 900 et0y e
new common stock ia to be issued. This report
is not generally believed. The lower range Of
New York Contr1 and Hudson River is attrib-
uted to the action Of tho Directors on Saturday,
which is construed as meaning that q scrip diTi-
dend is contemplated.
GOLD
ruled dull, and ranged from 1217l to LIZ.
Government bonds were quiet and fraction
lower. The decline was partly due to the lower
action Of tho late sharp advance. Foreign e1-
CuaHk0 Wa9 Gull.
PRODUCE.
Flour opened stronger, especially shipping
extras, medium spring wheat extras, and family
grades, the Inter being in reduced aupply.
Choice superfne is sca1ce and wanted. The !
market closes better especially for the choicest
grades family extras. Medium grades OF spring |
extras are alao frmer. Low grades are fairly !
active, especially city ground. The wheat sup !
ply Is very moderate, and much Of that in store
is already sold. The offerings Of choice spring !
are extremely Light The market closes better,
With sellers Of straight lots at an advance.
Choice spring is wanted for export Winter very !
scarce.
Pork WAS dull. Fifty barrels new mess sold |
1t $1S .6734t@14.oo. Cut meats are quiet dry |
ea1ted shoulders quoted 1t So for JANUARY. |
Bacon WAS rather quiet but firm; long clear is
quoted at 7c ; short clear, TIC Lard lower,
With sales OF so tierces Western at S1zc; now !
quoted at 60; 200 tierces city sold at Sc. For
2,oc0 tierces for March at 5-16@s 7-lGc, with !
SIC NOW bid.'