National Republican., 1881-09-15
MINING STOCKS,
BANKKRs ENUHANNE.
bills -.... 4sis Slxty-day bills ..... 4s1

WALL STREET GOSSIP
NEW YORK, Sept. II, 10 u. m.-The brokers and
traders generally said last night that there was
better buying Of stocks yesterday than on any
previous day since the present upward movement
was inaugurated, and among the largest pur.
chasers were such houses as Drexel, Osborne, Will
lard, Vermillye, Nicholas, l.. L. White, Bennett,
and william Beldeu. The improved condition of
the President, 1t was urged by the bulls, had
brought in considerable buying by out
sdors and the general public. There was a
story current at the Windsor last night that
the Michigan Central would probably pay l or IL
per cent. next week after all. The bulls in Mich
igan say there is still large short interest in It,
and the stock continues to lend fiat. Ohio and
Mississippi loans for ne.thirty-second premium,
and there were rumors last night of another twist
in the latter. The old story of an extra cash or
scrip on Delaware, l.ackawanna and Western was
revived last night, but the rumor could not be
ad w' not EeneTHy cSdSd S
about as much more, probably for, Osborne;
jay Gould said last night that tie Wabash Railroad
Company yesterday opened q transfer office in
London. His brokers, # is said, have been large
buyers Of Wabash and Kansas and Texas lately,
and Connor says that they are both going great
deal higher, II was reported last night that the
Western Union Company bad sold oyer SlOOO,OQO
telegraph Shares and The proceeds Would 90 X into
the report day rs earnings. The company will
show "a and pay Ia as usual. The Western
of about 1900 shares of long stock
above 92 per cent yesterday afternoon The New
York Central directors will hold meeting too day
and make public statement showing very large
earnings from local traffic The exact figures were
in private circulation at the Windsor last night
among Tillinghast and confidential friends. Tie
story Is revived that Vanderbilt is long OF 100000
Hutchinson Il Kemys were large buyers yesterday,
II was said, and Osborne Blood good sellers. There
Is said TO be q large borrowing demand for Lake
Shore. The Chicago and Northwest peo-
pie predict the September earnings will
show an enormous increase over the same month
last year. which was the previous banner month.
Some of the leading representative members Of
the Stock Exchange express themselves MS much
mortified and very indignant over the action Of
Gould and Sage's brokers In endeavorlng to evade
their short contracts In Hannibal common through
recourse to the courts, The matter came up be-
fore the governing committee last night for action.
Secretary Window was in town last night, and said
his bond-purchasng programme was not yet ready
meantime he would make no statement regarding
his plans. The Chicago Tribune says the passenger
war shows no signs of abatement, aud is likely 10
continue some time, bnt tickets are not likely to
be reduced below So TO New York and So TO Boston.
The next onslaught will be made on the running
time, the Pennsylvania Central leading with re-
ducton OF four or five hours TO New York, aud tho
Vanderbilt roads will be compelled 10 follow suit.
The latter have taken no notice OF the Grand
Trunk cut TO s. for Buffalo tickets. II Is rumored
this morning that the general business Of the New
York Central Railroad for July showed compare
tive decrease OF sij000O but the Official statement
win be out to-day, when the exact amount VIII be
given.