National Republican., 1882-12-20
THE MARKETS.
An Improved Feeling and Good Days
Business in Wall Street.
The Rig Traders the Bull sIde-The
Regular Daily Lists.
THE DAY IN WALL STREET.
Cnecjdl Disnnfrh

Special Dispatch.
New YORK, Dec 19.-Stocks were strong,
and inclined to advance from the opening,
and before noon several of the active special
ties rose above the previous weeks prices.
The largest buyer of st. Paul were Peters "
Pell, who bought about $500 shares. Oracle
& Westervelt bought most of Erie, but Barton
also bought considerably. Horton & Co. and
Peters & Pell bought the bulk of Union Pa
cifc. Several brokers reported cable orders
from Amsterdam to buy Denver. Brokers
reported that the strength of the market up
to second call was mainly due to buying by
independent pools and local purchases, and
there appeared to be 10 combined movement.
The market was quiet nnd dull at the after
noon board, with price, well sustained and
generally up to the b dgures.
Money loaned at > on stocks and on gov
ernments Government bonds were strong,
with good demand for 3s and 4's. Stocks lent
to-day at 4@5. Exchange was heavy and
lower. Early in the last hour the general list
was strong especially Western Union, which
touched S34.
The market has held its own all day with
fairly good purchases by outsiders. The
leaders have not changed their front, and
there is no evidence that they have sold
many of their stocks; in fact, with all the
strength the market appears to have, it
will stand by itself, but needs all the sup
port the big men can give it, When good
buying by the lambs begins it will be time
enough for them.
From official sources it is learned that on
September 90, 1881, investors held 100000
shares of Western Union stock, and twelve
he Of oil cbar Tn
crease of investment stock in one year 10000
shares. From September 90 1882, to Decem-
ber 49, 1852, $4,000 shares were transferred to
investors. Total amount now in investors
hands $4,000 shares.
A Philadelphia dispatch says the Reading
report for the year will show handsome
business and be pleasant reading for the
stockholders. There is a prospect that the
scrip-holders will accept the new consolidated
5s in lieu of their present securities.
The Pennsylvania roads, November state
ment, it is reported will show enormous gains
both sides of Pittsburg.
New York sold Reading in Philadelphia
to-day; buyers were insiders.
1t is reported in stock circles this afternoon
that the Lake Shore and Michigan Central di-
rectors will meet here next Wednesday week,
and Lake Shore will show over 8 net for year,
and Michigan Central over a. 1t is believed
Michigan will pay 2, but the directors will
first decide whether the payments hereafter
shall be made quarterly or semi-annually.
Seligman & Co. say Amsterdam orders buy
ing Denver were received here to-day. Money
was offered freely on stocks at 5, and very
freely on governments at 3.
Stocks were loaning at to 5, but there
were rather more lenders than borrowers.
Scranton & Willard borrowed considerable
Western Union. Northwestern railway earn
ings for the second week in December show q
decrease of $55,561.
Wabash Pacific earnings decreased during
the second week in December $150,000.
1t was reported that bull pool has been
formed in Denver and Rio Grande, with
strong parties backing it, Mr.. GoulG, at the
Windsor hotel, talked very bullish on the
market, and said he believed it would be a
rising one for twelve months. Texas Pacific,
Kansas Texas, and Missouri Pacific were his
favorites.
The following are the opening, highest, lowest
and closing prices of the principal stocks for the
day, corrected by special wire reports received
by Batemsn d. Co., bankers, No. 3 Corcoran build