, 1873-05-23
WALL STREET,
1ecvtcw of the Money. Stock+ Gold,
and Produce Markets.

Aecvtcw of the Money. stock, Gold,
and Produce Markets.
Special D!spatch TO The Chicago Tribune
New YonK, May 22.-Money q littlo closer to
atock brokors to-day, ut TOT per cont on cali,
with the bulk Of business at tho hghor ratio.
Primo discounts still quoted at 7 to per cent.
STOCKS.
The stock market waa Quiot and presented nd
lnteroHting features. Tllo tendency oarly in tho
day was toward lover figures, but d general ad-
vance took place aftor midday. Toward tho
close thero was q llttlo rnnrn activity. and the
market showed considerable strength. Pacific
Mnti aud Eric commanded tho greatest attcn-
tlon. The former was eccentric, and moved up
aud dorn frequently. Dealings wore not osson-
TALLY large. Tho situation Ia diHcouraglng for
parties WHO have hung on to tlleir property for
hope OF q spring rise, which would enable them
to unload at profit. The nhrinkage since tla
light money panic Of last month Inns averaged 5
per cont, and, aH 1t Ii, thoy are outside specu-
drain upon tlloir pockets. Those who aro moB!ly
Interested Oh tho bull sido Of tie Pacific htnii
Luke Shore, Eric, Western Union, Central, st.
Paul, Union Pacific, g. G. d T. c., mud Ohio,
and who hayo boom holding on for this period
: have not lad chance to realize much Of profit
II this state OF affairs continues much longer,
there vill be humorous cases OF financial marau.
mus among tho spoculators OF the street. Tile
money that haB boon made in tlhiH interval has
gone iuto the pockets Of leading operators,
u0LD.
There was sudden furry in gold this moEn-
Ing when It became known that tho market lad
d, bSon ,g greatfy f oyersod md prices ruled higher
ment sale to-day, and BY a happy coincidence
was tho highest Of the % list. .fl Tho "biSts biSs
amounted to 90, 275, 900. and two Of tho largest,
3l,50o goo and 81 10000 for III. 75-1oo each.
hat
tho other would got oil tho. gold sold by the
Treasurer It is now thought tliat this is aga1na
to got all tho gold they. eau, aud at tho
n'1; same nmS koeR tho bears fcvorish by
poklng at thom with atoriaB calculated to en-.
courage them in oycraolling tho market, 80 that
possibly tho loan rate naay bo mado heavy, 80
as to discourage the carrying Of large amounts.
Moanwllio shipments will 30 promotod in every
lowest ebb tho stock Of coin in tho country.
About the middle Of Juno or LIST of July d
squeeze Of cash gold will bo in, ,order, and thcn
whoever has coin to lend will hayo no difficulty
IN obtaining usnroua rates. for it: This will Of
course domoralize exchange, but t4on exporta
will have progressed 10 far that it cannot ba
readily arrested.
oovER:ea1EST3
strong, escog with good '4cp'nd, particularly fos
Mo'tr-Uemana 'podorate, and with liberal ar
rivals OF low a'aI medium graloy, thoac nro
eaH!el ; Aa!nly grades quiet but firm No.
and suporine more plenty and lower; shipping
extras IN ialr. demand for immediate deliYery
sqles. I. lou hr14 raoairta, 1o,7a7 LF.=. Whe:
g. asan tho oening Of Change held with Increased
M neAs, but buyers u1idor tho reduced limi "a
o. g. 'ieir London orders held OF. aud very littla
ccn'Angoa hands up to l O'Clock. The market
eAoacd eaaior: though in fair domand for export
/ at q concession. hlierB are not disposed to buy
freely in the present state Of tho narkot. Wi1s-
ter, very little doing: Sales 81, 200 bu recol ID
$4,000 bu.
pRoEI81ONH.
! Pork active for future at a decline sales OF
cash and regular at Sl7.00 for new mess fer
future delivery about 1000 ths at S16.00@17. q
for JUNO, and $lG.75 for July. Receipts, 1.sat;
pkgs. Gut meata-A general stagnation in buE-
lneHs in Whole lots, and the price
III nominally about tho came aa
yesterday. Dry naltcd shoulders, 71@711c.
salos: 25 tcs picklo4 hams, about AZ lbs, at
i2o. ena 400 do shoulders, lbs, at 797lc; 0,0u1
lbs pieked bellies, yesterday, at o,4c for 10f@l1
lbs, Bacon is still very quiet, and prices non-
inal; long cloar quoted at about 90, without
sales; short clear, 8YyS@815o. Lard moderately
| active and about steady; Western, for May, at
| 90 bid, and 1-l6o asked for futtiro delivery.
DusineBs reported embraced $50 tcs, July. at
! 999c, aud 800 tcH, August, ut 91sc; june quoted
at e]6c. Receipts, 4YG pigs.