The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-12-11
THE NEW ORLEANS STOCK EXCHANGE.

Annual Mecting-El Election OF Onicers.
The gentleman composing the New Orleans
Stock Exchange are we'll known and universally
recognized ~ ranking, socially and financially
among the foremost Of our dealers In money and
stocks, bonds, ETC. The organization, in it's rules
and bylaws, prevents the intrusion Of any men
who do not stand rectus in o,v'id In this market
Last night the annual meeting Of this institu.
tion was held, for the purpose Of eeoting officers
( 70 serve for the ensuing year.
Mr.. VIM. r. Lyman was unanimously reelected
president. This result was . foregone conclusion;
d bis administration of the affairs Of the Exchange
has been characterized by so much prudence,
4 Judgment and ability, joined with such con-
Ciliatory spirit, that every member regards him
q ~ the fright man In the righl place." and CON-
AoQucntly gave him unanimous vote. And here
4 ~ take the opportunity Of saying. that more
Il orderly election We never attended. Even q
casual observer could but see that the voters
were gentiemen-one and all-and that there
4 WAs that unanimity Of feeling and directness Of
purpose among thAm, which are the absolute
Prerequisites OF SUCCESS in all organizations of
Hike character. According 10 official statement
there are now seventy active members-the
whole number authorized by the constitution.
The president read q very voluminous, able
Tho sales during the past year Of State Bonds
ana Premiums during the sessions OF this board
aggregate $S4, 196, 400. This large sum was d.
mium Bonds, SAG, 800, 900.
These items Of sales, not taking into consider
alton bank and insurance stock, etc will give
comprehensive idea Of the SCOPE, activity and
Importance Of the New Orleans Stock Exchange.
The truth IL apparent that this association is
one OF the most successful and useful institu-
lions Of the kind that ever had an existence in
Z New Orleans.
able unanimty:
President---Wm. r. Lyman.
First Woe President. DeBuys.
z Second Vice President-George Binder.
Treasurer--A. Delvaiile.
Becretary--A. A. Briusmade.
Arbitration Committee-H. A. LeSassier, chair.
man; J. O. Bigelow, I. s. Barton. Henry Bier, J.
& u. Herwig.
Bond Oommittee-O. Il. Hyams, chairman; f.
a. Lee, Fl. Roehl, Peter Hellwege, E. O. Feinour.
Finance Committee-E. Il. Keynes, chairman:
~. r. Bonis, P. Lsbouisse.
Quotation Committee. NJ. Seixas, chairman;
a Townsend, B. F. Peters. W. Ogden, E. Chas-
After the onerous duties of the election were
contaminated, there was q very pleasant little
episode, which, though the Exchange ia q ''close
corporation," We cannot refrain from noticing
Mr.. VIM. r. Lyman who, for the third time, has
been elected to preside over the Exchange was
presented with most beautiful and costly watch
a. Testimonial Of the esteem in which he is held
BY the members. The presentation speech was
made By Mr. Lessassier, in most feeling and appro
pFiate terms. The able, indefatigable and worthy
the full equipments OF an officer Of the Wash
lngtOn Artillery Battalion-to which corps he
sbei0ngs-and Mr.. Claude g.. Thayer received, at
the same time, q suitable token OF the satisfac-
ton he has given by his unvarying politeness and
attention to al with whom he has been brought