National Republican., 1881-08-31
BAsKERs' ExcuANaE.
Three-day bills -.... 4i Sixty.day bills .... 4SOS


Three-day bills ... 4si sxtyday bills ...... 4sOS
WALL STREET GOSSIP.
NEW YORK, Aug. 80, 10 a. m.-Higher markets
for day or two at least was the average prediction
among the operators at the Branch last night cspe
clally If the tenor of the news from Washington
continues of a favorable character The bulls said
that the market closed right yesterday for further
improvement to-day, aud not few were of the
impression that Keenes immense purchase yester-
day was partly for long account osborne's peo-
pie are also bullish and say they bought stocks
literally yesterday morning Several prominent
stock houses are bullng Reading, 1t is stated and
among these Is Osborne and some believe II is for
Mr. Vanderbilt. Woershoiier thought If so II was
done for the purpose of heading of Gould'sSouth-
western scheme; but the Sage following say
such a story is ridiculous, as the Jersey Gen.
trail Wabash combination is entirely independent
Of the Reading connection and say this explana-
ton does not throw any light upon the movement
in the stock. Some Of the inside parties hint at a
new and important scheme afoot, but will not say
what 1t Is, Kennedy & Hutchinson are very bull
ish on Delaware, Lackawanna and Western and
Western Union, and predict the latter will soon be
above par. Sage declares the market has inirly
turned for the better, and he is especially buish
OH the Southwestern stocks and telegraph. IT is
also claimed by Others that the strength of the
market for low-prced non-dividend pay
ers shows there Is ,, a Ereait, degree ,,s, Of
Huntington, of the Central Pacific, Is buying
Chesapeake and Ohio's common" stock and
tells his friends to purchase II for much higher
figures The party IN Mobile and Ohio are also
strong and claim the stock is scarce and oversold.
President Porter, of the Chicago and Omaha Rail-
road Is in town, and reports good crops on his
road. A private special Washington dispatch to n
Boston banker says the Secretary of the Treasury
declares there Is no necessity for haste In making
another call of bonds, and he Is debating in his
mind whether 10 call the extended fves or buy In
the open market, A general strike Is threatened
along the Erie road.
1850 p. m.-The Union Pacific earnings In twen-
ty-seven days IN August increased S65l III Messrs.
Seligman 4 Co. estimate the European gold en-
route at Sll 100000. The New York cotton market
is buoyant and up to-day on less favorable crop
advices. The August corner has carried up prices
TO Si3.i5. President Porter, Of the Chicago and
Omaha Railway, just arrived here, reports the
wheat crop on the eastern division of this road the
largest ever raised. Wheat on the first division of
this road, south Of 81. Paul to 81, James is as
poor but barley and fax on all the
divisions better than last year. The extent OF
the transportation business is only limited to the
motive power of the company, Regarding the gem
eral crops he says that north of line drawn
through Sheboygan and La Crosse, Wis, the wheat
crop Is better than the average yield and corn
grown north of this line Is first class, But, com
mencing on the line going southward, wheat and
corn each grow gradually poor, extending into
Illinois and Missouri where the average falls TO 50
per cent