National Republican., 1881-09-13
Three-day bills ...- 4sl,s slxty.day bills ..... 4sI
WALL STREET GOSSIP.

WALL STREET GOSSIP.
New York, Sept. y. 10 a. m.-rhe principal talk
and average belief In stock Exchange circles yes
tcrday was IN favor of higher market again this
week, The, bears generally disappointcdly ad.
mitted that they had been wrong so fur In their
predictions of n breakdown in bill speculation
which they expected would follow the large ilqui.
dation of the short interest aud the dangerously
manipulated corner in Hannibal. portion OF
still firm in their belief that there is nothing favor
able IN the situation TO put stocks up
Gus condition. The bulls say 1t Is very apparent
that Gould and his followers have been badly
twisted in the Hannibal deal ms may be plainly seen
day In the World. wherein Dowd issoundly abused
for not issuing batch of new stock and the credit
| OF the Bank of North America is assailed with
| great bitterness. The traders generally are glad
| that Gould has been caught, and the lawyers say
the beginning Of legal proceedings by one party
chances are that there will be no decision reached
| for several months, and in the meantime the
shorts will be compelled 10 settle Gould is never;
| theless n bull on the general list, and
has been advising his intimate personal friends to
buy stocks; but the observant declares he sold
great deal of Western Union on saturday, about
| 5000 shares of which was bought by Keene's
brokers, probably TO cover shorts. Sage continues
bullish on Michigan and the Wabash stocks, OF
and says there Is large short interest in Jersey,
and that the stock is scnrce., The rise in Reading,
nedy Hutchinson, Bloodgood, Johns, and Hunt,
assisted Gyd sSme Tge T hnsh orders @
cials say that their private adyces indicate that
the corn crop along their road Is really first rate
and OH an average will probably turn out equal 10
| last year, but the wheat crop Is poorer. The
treasurer OF the Illinois Central Railroad states
that the corn crop on the line of the latter COM
pany viii also be as great In the aggregate as In
not the Chicago, st. Paul, Minneapolis and Omaha
which proposes II fve-hundred' mile extension
from MusCatine.pnd numerous branches III llli-
nois, but a new Corporation, known MS the Chicago,
st. Paul and Omaha Railroad Company. The
Porter people have nothing to do with IL.
ent largely increased earnings of the latter are in
comparison with the enormous receipts last year,
&c Ss oS SS S peoe eapc Sg
gains shortly from the cattle traffio Just begun.
According TO Boston adylces Vanderbilt has sold
and Quincy bought at l64 last December from
the company, which he, promised Forbes he
has sold some cheaper stock bought in the open
market. The New York and New England Rail-
roads August earnings increased z per cent
and the Atchison Topeka and Santa Fe Increased
: 40 per cent. The Nashville and Chattanooga and
Louisville and Nashville companies have come
company will be directors OF the other, The
Chattanooga company Will make statement this
week, showing 10 per cent net ior the year, ana
The pool talk of 10 per cent. rise II Chattanooga
/. this week, Long Branch press dispatches this
these Sheets last week about Windows
call of bonds aud order for SIS 900 900 OOO
600 OF three au nnlfs VII! pe lnhue DeiOic shluT
day next. Baltimore dispatch declares thai
Gould is negotiating for control OF the Baitimor'
and Ohio road, in order 10 compete successlul y
:. with Vanderbilt and that Gould has bought 81 w
shares rom Garrett for $3.50 per share. The storl
! Is not generally believed here, and thereis prob
! ably nothing In IT,
Up. MA Baltimore special telegram just re
. ceived here announces thai John King, the re
ceiver OF the Ohio and Mississippi Railway, ha
Withdrawn hiS resignation, which is great III
umph for the B.ltimore and Ohio Railroad Com
pany.
4 BY Associated Press.
: HEw YoRK, Sept. 12.-Money fairly ac
. tive but easy at 405 per cent on call and close
r at 494lS per cent Exchange steady at 4793f@4sO}
!. for long and lSSIl94si. for short sight Govern
!, ments quiet and firm. State bonds dull and nom
o inal Railroad bonds in light request but irregu
: lar The stock market was weak at the opening
i and in the early dealings a decline Of L92lf pc
d cent. took place. Denver and Rio GrNnde, ST, Pau
] and Ohio and Mississippi leading therein. 500
= tho dealings became strong and prices rose h@ll
l. per cent, but later reacted 1SBA per cent TIL
J. speculation, however quickly rogained strength
l. and there another advance OF AQe2H per cent
~ in which Lake Erie and Western, Ohio Contra
O. Peoria Decatur and Evansville, Reading, Mobil
y aud Ohio, and st. Paul were most promlnen
4. DuriuQ the afternoon the market was feVerisl