, 1873-02-13
WALL. STREET.,
Review of tho nI0hoy, Gold, nond~
Stock. md Produce Markets.

| Stocfts md Produce Markets.
| Special Despatch TO Tho Chicago Tribune.
NEW 4oRK, Fob. 12-Thn stock market con-
ttnuod weak to-day, md declined from az to
u, owing to dear money, heavy Ralea to realize,
and doubtful auccess OF tho Syndicate The
"boars" hayo gained the aBcendancy, and
hammered down the entire list Among tho
rumorH on Wall street was one that the Rock
Island Company was selling sG000000 new
stock, authorized sono time ainco, and another
that there WAS n lookup in money. The
stock market just now is completely in
tho hands Of cliquos, and outsiders are
warned to beware. The movement In Erie
has boon somewhat unnccountnble, In Wow Of
the fact that q dividend has boon declared for
the first time In many yoare. Among tho rea-
cons for the decline Ii ono that tue declaration
OF dividend iB likely to DO followed by litigation
Of the surplus earnlngs should bo devoted 10 tic
sottiement OF outstanding claims incurred dur
Ing the reign, OF Gould. The decline today wa waB{
most marheain Erie, Chicago, Columbus i In
Pacific: "A thunderbolt. 90 to speak, iB,
said to be preparing in Congross, which
VIII ba delivered in few days or weeks, the
holders OF Union Pacific securities generally in
doubt, whether thoy have any property At al
N tho road or whother If they have, it docs notj
bGdl,ong d,. to Government. This at least ia the'
Money WAS more stringent and ranged from
per cont TO 1-18, with the bulk of tho business
at 1-32 to Lilo. -, The banks arc poos and not.
able to render liberal assistance to borrowers at,
present. Tho Treasury currency balance is low,
and prevents the Government from muline
anyy aany ctr" cs.p purchases of bonds, Government
v e0na dea!sfs snn,o are ut md
are interrupted by the igh ratos on call foanp,
London adyices, to-day, chow no inportant
change II securities, as the reau'k Of the polit-
that the Bank Of England rate Is, likely to be in
creased tomorrow.
waH quiet and nrm ut 114@114114.
BONDS.
Government bonds were steady Anel dull. The
offerings Of bonds to tic Goyernm out to-day
amounted to 81 ,0lo, 100, and 81, ,0N 1000 wero
awarded. =, Thls ts tho first time in about two
tain tho advertised amount Of bonds. :rhe reports
regarding the operations Of the Syndicate have
beon contradictory, but Bomi-oflle ;al dcclara-
slon may pc accepted cD correct, TIM the cash
calling Of $1,000 zoo Of i per ce1ltA indopend-
ont OF tho oderipg OF this class Of h ,nda in d.
feot e1ohanga'for the now per cent q.
PRODUCE.
n4ouf cloHoa h11Vy, aud mort M ldeH undor
slo arc lower: The receipts arc z6es a. and low
oll9ieo snperfne arc steady. Whoat;l closes dull
nold @ of, anlprices are nominal'fy /2@so lowor
tork syaa toderatoly aotivo and irmor, with salea
or Ply e'.rrolH now meas at a14. 30 for February
TT ~ e s$3Hs6o for April. New m nsa ia quoted ut
F91a>Fs caah. Gut meats aro Quiet, but atoady,
wv 4 aalos OF 90 boxes heavy picked beliies at
E4o, and 200 -poklod la ms, al lbs, at 91So
Dry aaltod shoulders arc q uotod ut 5@b1sc
Bacon ia In fair demand, Aad Le market Is firm,
February, 7t4o for abort olearsttor do, and 1880
for long and short clear forfA.pril. Lard was
easlor and fairly aotiyo, with Aaloa roportad Of
2,000 tiercea Wostorn ut $3.50 for February,
for May.