National Republican., 1881-08-29
MINING STOCKS.
HANkFNS ENVHANHH.
Three day bills 4sl Sixty-day bills 4sOIS


Threedaybills 4s4 Slsty-day bills ...... 4s0JS
WALL STREET GOSSIP.
NEW YORK, Aug q, 10 n. m.-The brokers at the
Branch said last night that the stronger closing of
the stock market yesterday afternoon was partly
owing to current rumors, which could not be sub
stantiated, that the trunk lines had finally made
terms for five-year pooling compact and II was
likewise partly attributed torepors that Gould and
Sage brokers, finding that there were stocks Of
fering, simply bid up the quotations. Mr. Sage re-
marked last evening that he had not before heard
the rumor about any agreement being arrived at
between the various competing lines but he was
prepared to hear that 1t had been accomplished
any day, because all wars OF all kinds ultimately
come to an end lie stated that the course of yes
terdays market demonstrated clearly TO his satis-
faction that the death of President Garfield had
been nearly fully anticipated and Immediately
following such an announcement he expected 10
see another great rise; He said that Gould re-
marked to him yesterday that IN his opinion the
upward turn would date within twenty four hours
afterward. There were many large operators the
latter remarked, who were out of the market at
present, but stood ready to buy on the downward
turn II II would come on the expected bad news
Sage said further that so convinced was he that
he was right in his Judgment that he had notion
to jump into the market this morning and buy
10000 shares of various stocks, Even they went
down, he said he thought he wonld stl be able to
"go to market fora while He thought the whole
system of Elevated roads would finally be cons0li
dated US one corporation, and said he was bullng
Missouri Pacific for no Mr. jesse seligman
W
dian funds here to loan out, and he was
sorry TO hear of large imports of gold from
Europe, because 1t only tends to alarm the
British people besides we don't 'needit C0nnor
said the Mutual Union stock subscriptions were
going 0-begging at large discount The Western
ceed 100000. General Eckcrt is abOlishing all
needless snecurcs thus making great saving in
the operating expenses. Chicago dispatch says
there has been another cut In freghts TO the East
Flour to New York is down to 20 cents.
ll;j0 a, m--Chicago dispatches say that the
Vanderbilt, Considerable excitement prevails
among the railroads, owing 10 reports that the
Grand Trunk has, during the last two weeks, been
milking freight rates to the East much below other
lines, and particularly on rates as -four. The Chi
cago and Omaha has bought the North Wisconsin
statement for July actually shows, after paying all
expenses, interest, &c, l6l, net. The coal.bond
people say there win be no change In prices
sriotiOn I'm mining in September The Lackawanna
Company will not even consider any reduction OF
the output The general production Is enormous
but the most of 1t is being moved. London bank
announces an advance In the Bank Of Belgium
rates to-day to per cent. but says there Is no
probability of any further advance in the
Bank OF England rates Immediately The dlrec.
tors are awaiting the result of the advanced
rates adopted by the Continental banks
midnight dispatch from New York banker in
Europe says that the rain-stOrms continue on the
continent and in England, aud are particularly
disastrous In Great Britain, scotland, and Ireland.
The Union Pacific earnings for twenty-five days
show an increase of SjSl, ,026 The Hannibal earn
ings the third week in August increased $1,000,
BANK STATEMENT,
Loans. 6,lI32OO
Speclc.,,.. Dee. 4,9S1OOO
Legal tender. ...,.'.,,,,,......',..,,ln Inc, &s,lOO
NNN Ill