National Republican. (Washington City (D.C.)) 1872-1888, 1881-09-20

5Three dag bills -...- 4S5 Sixty-day bills .... 4s,E
WALL STREET GOSSIP.
New YORK, Sept 10, 10 a. m.--The average tenor
}of the gossip at the uptown clubs and hotels las,
might on the stock market was bullish, being some.
iwhat influenced, probably, by the more favorable
condition ofthe President. and good many people
Z Thought that he had stil some prospects for re.
icovcry. The confidence In his convalescence was
mot however, very general, and in the event of the
recep ton Of bad news again II was thought there
Swould be another decline in the market but n
Twas not believed there would be any panic, and
3under any circumstances, the depression would
5not exceed or per cent. after which the market
1would respond to natural causes and improve
5The Gould Sage following generally adopt this
view, and the bulls argue that the wealth OF the
country and the moneyed men of the country arc
Son their side. This party claims that the market
lis now inclined to go up and has All extraordinary
estrong undertone that the short interest has lately
{increased largely; that the confidence In Ameri-
from London to buy are more numerous than those
Ito sell. and, finally that Secretary Window IL sure
TO soon enter the market as buyer OF the ex-
5the trunk-line stocks The strength OF
flake shore was partly, attributed to rumors
3placed in their names, which IN some degree ac-
Scounts for the scarcity OF the stock and partly 10
1.-THE rumor that the managers would this week
3sioner Fink, however, stated on Saturday that
There had been no call made for any such confer
poo in Michigan ior o dis wee nd tSst
{stock was also scarce and oyersold. 1t was he z
Stated that the pool In Erie was very strong
fnnd that William II. Vanderbilt had a hand
lin the upward movement and had been buying
Through Grant & Co. There was also said to bel
good buying of Omaha preferred, which Is the
lKecne still taks very bearish, especially on West
lern Union, and the Vanderbilt brokers also, and
5the complaints Of general Encouragement and
Hpoor service are the Arguments put forward. The
8sbort interest In the latter Is estimated as large a
100000 shares and fully 10000 shares of shorts we're
jPnt o out on SATURDAY, Parties who arc
4say another twist Is possible, but not probablel
SHutehnson's friends say he let several brokers oil
{without losing heir seats when the stock was sci
lng nj 100. Duff urged him to sell ont the brokers
3mcmbcrship for the balances but Hutchinson ~ :.
fused to do IT, The threatened twist referred TO n
HANNIBAL In this paragraph is In The preferred stock
Gas will be readily understood not lin the commoul
(which Is already out Of sight President Dillon
Railroad, arrived here yesterday. Clarke said yes-
gtcrday that the unprecedented large earnings of
lthis company came principally from the freight
fagc on ores He declared that the country through
(which the new Union Pacific Oregon extension Is
ibeing bullt--a distance Of 800 miles-was richer
,than the Union Pacific In mineral, timber, aud
igregate rs large as last year, and the agricui-
lure OF this Slate Is generally safe. Sage tells
Ibis friends there Will probably be an extra CASH
idiyidend OF per cent. on Delaware, Lackawanna
land Western, but don't know whether II Will bel
ideclared with the next quarterly dividend or the
1.-The subsequent one Chicago adyices say that the
lGaud Trunk Is endeavoriiig to force recognition
from Vanderbilt, who still Ignores and declines to
lnOticc It's local cuts East-bound freghts remainl
but the l2la cent rate. The Pennsylvania Central
(which has connection with Toledo, on Saturday.
Icut rates from the latter point TO New York to 81
land Boston to %. The officials report OF the Metro
'politaD Elevated Company, furnished by the re j
'ceiyers, show that from October l. 1880, to Julyl
rs, 1sSldate OF their appointment-the road failed
70 earn the interest ON their bonded debt by sll7G3