National Republican. (Washington City (D.C.)) 1872-1888, 1881-09-28

the Treasury policy INDEED to the regular disburse-
mcnt Of about 100000 on tho LIST OF October
would cause cheaper rates for loans and very prob
ably handsome rise in stocks. The Os-
borne people we're talking very bullish
on Reading and Central Pacific, and among
their following In the latter are the Hunt
ington and Stanford management The latter
claim that they win build their eastern extension
from Ogden whether the Union Pacific goes on
with It's Oregon enterprise or not. Their Southern
Pacific road they say, Is being built at the rate Of
two miles per day on each end, aud the road will
be completed by next July. when they propose TO
Orleans 10 the Pacific for $40 per head.
There was general strong and con-
and The predictions WE'RE in favor Of higher prices
all around. A member OF the board yesterday
sold at private bargain 10000 of Western rail-
ways mortgage bonds ut nu advance Of y Of per
cent, above the closing figures ON Saturday. II
was given out that there would be an advance this
week IN Delaware and Hudson, Chicago and
Omaha, Missouri Pacific, and Chicago and North
western. II claimed by the bulls in Northwest
ern that Vanderbilt owns more than half of the
common and preferred and that the Osborne people
without putting II up. prominent official OF this
company claims owing to thcgreatly increased
for twelve months 10 come will show nm Increase
over last year. The intimate friends here Of the
trunk line Ocialssay they are given 10 understand
from headquarters that on the return OF the man
ayers this week the trunk lines qunrrels, 80
far AS passenger rates are concerned, will surely
be settled, and probably the bnsis will be reached
for an adjustment OF freights. The old pool In
Cincinnati. Sandnsky, and Cleveland has been re-
organized, aud another rise Is projected some time
this week The German party IN Ontario and
Western also propose another advance. IL Is
announced this company has turned over ten
millions In cash and nl rights TO the New York,
West Shore and Western Railroad Company, which
proposed TO build the road, giving the ontario aud
Western perpetual rights; also an amount equal to
iis cash Of per cent in bonds and % per cent IN
the stock of the West Shore road. The Norfolk
and Western Railroad Company yesterday signed
twenty fve-year tmfiic agreement with the East
Tennessee aud Shenandoah Valley Railroad. The
Southwestern pool managers are TO meet
whether Il IS advisable or not to reorsnniSe the
on hc Ss The SaTa.s SI
say the Gould roads profess TO be DESTROYS OF con.
tinuing the arrangements. General Eckort says
| inadequacy OF facilities that he has been com
PEELED 70 cut OFT all tho brokers' Western special
wires The company isthirty wires short, owing to
200 men fighting the. flames along the
New York Central Railroad alone. So great Is the
gel water snlelent for liz ioeomoliyes The M new
4 Gould cable is broken In q bad place. and no at
I tempt has yet been made 10 raise IT, but the com
pany VIII have new one laid in about fort
4 night Assistant Treasurer Hillhouse this morn
ing received an official notice of the proposed pur
chase OF bonds by the Government every week III
October TO the extent of 100000, beginning this
week Saturday. The feeling is much divided among
bankers whether many bonds will be presented
L Inc lnlcokO 1fintnc says thcrc Is no probability
Of change in freight rates very soon the roads
can have all the business they carry at the ~
rate, and as long this Is so there will be no cuts
Vanderbilt declares that he does well enough nj
present rates If the other roads cannot live on
them, 80 much the better for him. II will scarcely
be possible to advance rates, even at the close oil
navigation, unless anti Vanderbilt roads uncon
ditlonally surrender. The meeting of tho Central
Railroad of New jersey to-day is Tor the purpose
| of removing the receiyership. II is rumored thai
| the Lake Shore dividend Is per cent, Just de.
4 clared, and Michigan none.