National Republican. (Washington City (D.C.)) 1872-1888, 1881-11-17

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WALL STREET GOSSIP.
NEW YoRK, Nov ~, 10 a. m.-Jesse SeRman
said last night that Secretary Folger hind informed
him that It his intention 10 espend the revenues
OF the Treasury Department In such manner as to
keep the surplus In circulation, and II was reported
last night In well-infQrmed circles that there was
likely to be call for about s20OO0OO more OF bonds
within forty-eiGht houn. II might be announced to-
day tomorrow. II WAS confidently expected that
the result Of such action would be Immediate Inn
provcment In financial circles, even II the securities
were called on the ninety days notice, as
Just so much more funds would have 10 be
reinvested. 1t was claimed last night that
stocks had been bought scale
on this information by foreign houses who pur-
chase dividend-paying stocks ON scale The out.
they generally claimed that The market had no sup.
port Yesterday. u was also stated that Gould had sod
Brandon and 9heTs and I was likewise stated that
n s q had about Soa % on Of sSc
President Dillon was quoted as having denied
The Windsor Hotel hear nariy Continued 70 predict
covered and bought great many stocks at the low
9nStSG'S Yesterday a iSn MT GoGds
the market, and there are intlmaons from other
lIngton and Quincy is liable 70 have another 10 Der
cent. advance within fortnight. The Vanderbilt
al present prices The general Eastern agent Of lhe
Erie Railroad said last night thai there nothing
no no" order to Change the tsriiR q. j. osborn said
that he thought the market would be better before
tomorrow night, and thought the short Interest
had been considerably increased 81 nee Monday mora
ing. The room traders Ia the Exchange are gen.
orally hears. Chicago telegram TO the Associated
Press this morning says: Representatives OF the
trunk lines from the East are here, consulting ON
freight rates. II Is stated that they fully author
lied 10 end the present conflict and the Indications
thai they VIII accomplish the object of their mis-
sion. Between the Pennsylvania Gentrnls advance
on Meai-hOnInd from New York md the muddle In
Easbound from Chicago the entire system east of the
Missouri River has been dls0rganlLed, and agents
have been making their own rates for some time.
1l;iO ma Baltimore dispatch says the advance In
Virginia securities sowing 10 reports ofdi0lcues al
tending the reconstruction Of the supreme Court In
that STATE which has declared the bonds valid. Mari
etias declined on the failure ofthe conference between
those In interest TO arrange basis of reorganization.
The Union Pacific earnings FOR fourteen days In
November were ~ .@N3ii Increase s92ndll.
" O'Clock m.Ihere were only three offers OF bonds
at the Subtreasury to-day aggregutng sSs $50 In con-
tnued g.
1880 p. "A Washington special dispatch says that
no Cabinet appointments viii be made until Congress
meets next month II Is believed that Folger VIII be
out with new programme tonight or tomorrow,
embracing the purchase of large amount Of bonds
John Newell the general manager OF the Lake shore
road, sailed for Europe this morning on ask mouths
leave OfAbsence indicating Ills permanent retirement
Chicago dispatch says that John Blair has settled
| with President Mitchell, OF the st. Paul road
and he has given up all claims 70 the Chicago and
Pacific Hnlroad, the consideration being 81 s0OOOO,
and Blair has received the first cash payment OF
| 100000