National Republican. (Washington City (D.C.)) 1872-1888, 1881-09-23


WALL STREET GOSSIP.
New YORK, Sept. % 10a m.-There was no meet
ing of the trunk line managers here yesterday,
but the conference will begin to-day. All the
roads arc represented and they yesterday accom-.
panied Mr. Vanderbilt TO the Fleetwood trot. Dev-
eraux, of the Cleveland, Columbus, Cincinnati and
indianapolis road, said last night that he thought
the differences would be arranged next Saturday.
This is probably what put Cleveland, Columbus,
Cincinnati and Indianapolis up yesterday Cam
mack advised friend who was short Of the latter
to cover up, because 1t was plainly evident what
the roads would do. Higher prices to-day were gen.
orally predicted again last night and II was claimed
that The reaction yesterday afternoon was mainly
caused by the operations OF room traders. II was
said the sellers option IN Missouri Central came
mainly from osbornes Office The stock loaned
fiat II was reported, also, that there was good
borrowing demand for Delaware. Lackawannn,
and Western and 81. Paul, and that Lake Shore
loaned ut per cent The Vanderbilt following
were last night predicting 90 for Reading, and de-
clared that The earnings of this road last year from
passengers were greater than any other road in the
United states me p1 h hp BUYING OF pReSdng
phia. The Central Pacific people are again taking
par for their stock and say the company is earn
, oS II adP Hs 'eR HAVING %ae sSp paying sSnlS
OF this stock, from par down, but it
is claimed that they have more for sale and that
the stock Is now better distributed. This party now
barely holds sufficient amount Of stock to con-
troll the property. joe Mills predicts tight money
but he IL bull on Erie, Erlc bonds, ana central
Pacific, and declares the latter Is worth no. Sage
says there is no doubt that the bull feeling Is daily
gaining and confidence is constantly inn
proving in higher values. The appointment
OF new receiver for the Ohio and
Mississippi has been deferred until the 2sth In
slant. Anew fast freight line has been formed TO
Chicago via the Baltimore and Ohio and Wabash
roads. Keene's friends say his interest in the
stock market is smaller than before in year. He
believes the railroad war win be settled and the
Secretary win buy bonds but is not bull on the
market, owing TO the crop damages.
1880 a. m.-Mr James Tillinghaste says that the
meeting OF the managers of the trunk lines has
been postponed until o.day week. Messrs. Sellg-
man X Co. report that the investment demand in
Frankfort Is better day Buffalo dispatch
says the Grand Trunk Is selling round trip tickets
from Chicago to that point, good for thirty days,
for $40, with S. rebate. Western adyices intimate
that General ]. d. Cox Will be appointed receiver
cfthe Ohio and Mississippi Railroad on the 2Sth
| instant. Negotiations are still pending Tor
placing 100000 of the New York, West
Shore and Buffalo Railroad bonds with
q syndicate Of foreign bankers II the bonds can be
sold abroad Mr.. Vanderbilt will fail to prevent the
completion OF this and other lyAl lines. This road
will be flushed TO Albany next summer Denver
advices report the rumored appointment of re-
ceiyer for the Denver, South Park and Pacific
Railroad as unfounded. The earnings OF this road
are now merged into the Union Pacific. Jay Gould
says that the shorts have virtually eornered them
| selves In Wabash preferred without any manipu-
iAiion by the bulls.