National Republican. (Washington City (D.C.)) 1872-1888, 1881-09-29

BANKERs EXCHANGE.
Threeday bills -... 4si.i SiStyday bills 45Os

BANKERs EXCHANGE
Three.day bills ~... 4siIS SiStydny bills ....... 43O's
WALL STREET GOSSIP.
New YORK. Sept. 2S-The extraordinary pinch
In money yesterday afternoon was the chief
topic under discussion at the Windsor Hotel last
night but 1t was believed to have been partly the
result of manipulation, and 1t was thought Keene
had something to do with IL. Bankers said that
the purchase of 100000 OF bonds yesterday by
the Secretary would not prevent the further pur-
chase of s20O0,0OO more, as advertised by the Sub
Treasurer on Saturday, and there might be even
more bought in the meantime In the open
market. 1t was rumored last night that there
might be some important changes made in the
Treasury programme shortly to make IL more eff
iectiyc., Governor Morgan len for Washington
last night on some important mission. Sage said
that IL the Government revenues continue to ex-
coed the amount Of bonds advertised for the Sec
rotary will undoubtedly make further calls, be-
cause 1t Is his settled policy TO prevent the accum-
ulaton OF money In the Treasury. The gossip re.
gerding the market was generally In favor Of
there were no indications of any material
drop and the quotations would be considerably
higher before night There are no leading bear
although Western Union looks especially bad, 1t
was claimed by some that the big leadels includ-
present operating as scalpers for ll5@2 per cent.
The Osborne party were said to have sold great
many stocks yesterday, but accumulated Reading.
trail Pacifcs yesterday, and a little Wabash pre-
iered came oyer from the the other side
good buying OF the coal shares, and an upward
move in coal shares was predicted on October |,
because of the drouth, scarcity OF water, and i'm
paired navigation. At the West the coal com
panes are getting 50 cents per ton more than at
The East. The Schuylkill aud the Lehigh ex.
changes are talking of putting upprices thisweek.
The Lackawanna story OF per cent, extra cash
dividend on Friday Is. revived. The Vanderbilt
following, are generally beariSh on Miehiga1
10 wager $4,000 last night that Michigan Central
would sell down 10 before up per cent. The bulls
in Michigan Central claim the company earned u
Off per cent. net the last quarter, which viii go
over to the next quarter. The Union Pacific
earnings for twenty, four days increased $4,000
sion has been graded, twenty, five miles Of iron
laid, and 100 miles will be finished before Decem-
Der. and in the spring the extension viii reach
Oregon. The Kansas and Texas earnings in
creased In the third week in September S7l,GO9,
and the Wabash and Pacific ssl,li5. Tho Central
Railroad Company, Of New Jersey, has decided TO
pay the Interest on the income bonds November
J. The Philadelphia Record OF this morning as
serts that the trunk-line troubles about ended
except the arrangement Of charges between
the Atlantic cities on ireighis, and this
A Washington special says Internal Revenue
Commissioner Raum and Collector Blake, ~
whose district Wall street is located, have had
long consultations relative TO the mode and pro-
priety of the taxes Blake agrees with the posi-
ton Of the Commissioner MS presented in his in
ternational bank decision so far as that covers the
ton. The Commissioner proposes to issue
q circular for the guidance Of brokers who
nave not been making proper returns under
nlsapprehension Of the law The chief examiner
has returned to New York TO resume review Of
the affairs Of the State and private banks and
some OF the other large moneyed institutions, The
MGnhsss s oh Ban has not yeI settled It's claims
600. which was increased by penalty.