National Republican., 1881-09-02
MINING STOCKS.
BANKERS. EXCHANGE.

Threeday bills tsi Sixtyday bills <s0,s
WALL STREET GOSSIP.
New YORK, Sept. There were mauy predic.
tions made last night Of higher stock market to-
day, and tho general feeling was bullish. Notwith
standing the continued strlngency In money II
was claimed that the considerable calling in of
loans yesterday morning by Gould and Sage was
for the purpose OF forestalling similar operation
projected by the bears, who threatened TO make
funds worth Il per cent. premium, but Gould re-
turned the money to the street later In the day and
in time to make firm stock market at the close.
Conner said but for this slringency yesterday the
whole list would have risen In the afternoon on
the favorable Washington news. He said
Could was calculating that funds would
be very easy again before the middle OF
next week. 1t was reported last night that the
Lackawanna Company would probably declare an
extra 8 per cent. cash dividend in October Conner
said that while he was bull on Delaware, Lacka-
wanna and Western stock, he thought this rumor
was unfounded, because Sloan had stated to him
that he was opposed TO the policy at present, and
was more In favor Of nccumulating handsome
surplus that the stock might be held without fear
by investors. Gould's policy on Western Union he
declared was similar. and while tho company
per cent, as recommended by Dr. Greene, he had
case with Missouri Pacific, and while
dends, he had refused, although the company was
earning u and only paying per cent Referring
TO the latter company, he declared II had in its
treasury cash assets worth over s. 1000 900 accumu-
lated without any increase Of stock out Of earn
ings mot Iron Mountain stocil. The Gould and
Sage party assert that general outside trade In
commercial and mercantile circles is in q very
haucring condition, aud was never more prosper
ous. A prominent officer of the Chicago and
Northwestern Railway Company denies The ru-
mors of rupture with tho Milwaukee and st.
Paul railroad Company, and says, on the contrary.
their relations are very friendly, and within
short time have transported each others business
over lines which had been temporarily inter-
rupted. The brokers say that about 900 shares of
Northwest sold by II. s. Wilson yesterday
was for Holins. A well-posted bank president
said last night that the weekly statement on Sat
urdny would not present SO poor showing as the
last one, and he predicted the city banks would
about hold their own But little money was being
were coming back already from Chicago since the
liquidation by the bull pool in grain. The large
arrival ofgold from Europe. he argued, would as.
sist tho averages. The bears IN stocks hint that
the large imports OF gold are all engineered by Jay
Gould Tor the purpose OF sustaining stocks, and
thut there is no other money in IL, but Messrs
DreNc. Morgan 4 Co. and Selgman slly that such
talk is all nonsense. Mr.. Keene sold spreads yes
teTdhy ninety days for per cent. Some Of them
were on Delaware, Iackawanna and Western 20
per cent apart some on Union Pacific at ia and
i32, aud some on Lake Shore At ia aud lS2
ll.So A. m.-Tho Signal Service Bureau an
nounces that local rains have fallen from the
northwest aud upper lake regions to Texas, and
rainfall was In the corn belt from Des Moincs
Iowa, TO Springfield, Ill, the amount measuring
tive to three inches The temperature has also
fallen aud rains arc predicted here.
1850 q. The Bank OF England discount rate
is unchanged.
timore and Ohio Road yesterday agreed TO the
terms OF the Southwest pool regarding recognl-
ton Of tickets, and now.the New York Central Is
come 70 terms 10, day It's tickets west OF Chicago
Will be thrown out.