National Republican., 1882-12-13
THE MARKETS.
A Stronger Feeling in Wall Street at the Open
ing Yesterday.
The Railroad Confcrence-Rumors OF an
Agreement-The Quotations.
THE DAY IN WALL STREET.
cnerioI niczrgrb

THE DAY IN WALL STREET.
Special Dispatch.
NEW YORK, Dec 12.-Stocks opened very
strong the Grangers being especially active at
advanced figures. St. Paul was prominent
feature, and on tho increased prospects for a
settlement of the war, rose from A. at OPEN
ing, to It.
George T. Greene, broker, supposed to be
in Keene's employ, was the largest buyer OF
st. Paul, and the selling was scattering
The Omahas were also active, and gained
about one point. These stocks, both common
and preferred, loaned fat, while other stocks
loaned at A per cent.
Trading in Union Pacific was very large,
and the stock rose II on second call Prince
& Whitley were Sellers Scranton & Willard
and Horton bought and sold largely.
The VandeFbilts were all stronger, but not
very active. Lake Shore rose l. Michigan
Central rose II. Van Emburgh bought 5000
Lake Shore and Sam Barton bought most
Michigan Central. Delaware and Lackawanna
had a sharp advance from 26l to 2s. The
chief buyers were Martinez, Gonicouria, and
Chauncey.
Keene is very bullish on general market,
anu prSulClS nOluluR TlSS anu All uuNduCe W
100 for Lake Shore this week.
Henry N. Smith also says the same, and it
was noticeable this afternoon that the general
feeling was improved all around, with in
creased confidence in a further substantial
advance and n prevailing belief that the
quarrel between the railway-pool roads would
terminate this evening or tomorrow. Some
said Porter, as president of the Omaha would
be succeeded by Hughett, ofthe Northwestern.
Western Union rose to S2t ON second call,
and general quotations all around topped the
day at p. m.
Money loaned ON call 5@54.
Exchange was frmer and advanced.
Government bonds were scarce, active and
strong, and to higher.
Early in the last hour the market was ac-
tive, with quotations within @ per cent.
of highest figures, and in others at the top of
the day.
The market shows an average gain on day
from to per cent. on active specialties.
just before the close the market reacted ]
per cent. on realizations, but closed with a
strong undertone. Vanderbilt and Goulds
millions may make bull market, and put
prices to a much higher level but the contid-
ing public will not buy stocks freely and with
confidence until the market is much higher,
when they will have the same luck the fisher
man did who "clammed" F" at high water.
The short interest is almost out of the
market, except in Union Pacific and Omaha
stocks.
To predict what the market is going to do
tomorrow requires one to know what Gould,
Keene, and Vanderbilt are thinking about.
The railway meeting at the Windsor ad-
journed early, and it was soon after reported
that it had been agreed to build no more
northwestern roads for some time to come.
1t was also believed that full settlement of
all difficulties would be made during the
afternoon.
President Porter said that the terms of set
tlement would be that the st. Paul must step
out of Omaha territory.
The Boston Transcript says, on the closing
there Saturday of the Union Pacific books ::
"The Boston office represented 172, 900 shares,
gain in three months of $1,000. The sur
plus earnings for ten months amount to $12,-
9s3,515, against $11 ,329o13 last year"
New York Central is easily borrowed.
There is not much hort interest in it. 1t
lends at A.
The Chicago Tribune of this Tuesday
morning says the eastern trunk lines are
blocked up with freight. Garrett of the Bal
timore and Ohio railway, has bought the Ma
rietta and Cincinnati road for $4, ,375,OOO.
Private cables report American railways
stronger and generally higher in London.
1t is reported that the receiver of the New
Jersey Central railway has just finished his
annual report. The floating debt is now less
than $1,7OO,000.
STOCKS.
Opening, highest lowest and closing prices of
the principal stocks for the day, as corrected by
spccial wire reports received by Bateman & Co.,
bankers: