Washington, Sept. 7.- The indications in the senate (lid not point to Bpeedy action on house bilí to repeal the purchasing clause of the Sherinan act. The first two hours were occupied by Mr. Morgan (Dem., Ala.) in advocacy of the resolution which he had offered on Tuesday to provide for a joint select committee on finance, and which, he avowed, was intended to Bupercede the fiuance committee of both the senate and house. There were 10 minutes to spare af ter he took his eeat before the repeal bilí would come up as the "unfinished business," and that interval waa occupied in a somewhat aerimoniou8 colloquy between senators, and in a yea and nay vote on a motion to take up the repeal bill. The bill was taken up by a vote of 37 to 21 and Mr. Morgan's resolution went to the calendar, fro.m which it can only be taken up on a motion and by a majority vote. The remainder of the day was consumed by Mr. Stewart (Rep., Ney.) in a continuation of the speech on which he had spent four hours of Tuesday's session.