National Republican., 1882-12-18
THE MARKETS.
A Review Of Last Weeks Business in
Wall Street.
The Condition OF Affairs Very Much Inn
proyed-The stock Lists.
SATURDAY IN WALL STREET.
Specidt dispatch.

Special dispatch
NEW YORK, Dec. 16.-At the meeting of the
Omaha directors the following members of the
old board were reelected: David Dows, r. P.
Flower, Philetus Sawyer, w. d. Washburn,
and A. H. Wilde. The new directors are w.
II. Vanderbilt, G. Vanderbilt, A. Schell, IL.
Mex. Twombley, Albert Keep, John Spooner,
Marvin Hughitt, and M. L. B. Sykes. The
officers elected were Marvin Hughitt presi-
dent; L. B. Sykes, vice president, treasurer,
and assistant secretary. Only one vice presi-
dent was elected. The secretary elected is G.
w. Porter of Hudson. The retiring members
of the directory are H. r. Bishop, f. J. NJ.
Fisk, A. Kountz. II. r. Welles, r. r. Cable,
II. II. Porter, c. 7. Drake, aud Benjamin
Brewster.
A Philadelphia dispatch says the new Har-
risburg road, connecting the Reading with
the Vanderbilt system, is sure to breed an
other railway war in the end, and this is the
view taken of the project there.
Money to g.; stocks loaning at to 4 gov
ernment bonds dull and only small bids; ex-
change nominal.
Denver earnings decreased S3s, 100 the Sec
ond week in this month.
The highest prices of tho week were made
early in the forenoon and generally immedi-
ately after the opening on Saturday. The prin-
cipal buyers of Delaware and Lackawanna
were Stephens s. Bissell, and II is supposed
they bought for Henry n. Smith. Reading
sold up to 562, James & Setback being the
principal buyers. Up to II o'clock the mar
ket continued strong, but later there was n
sharp attack on and decline III Denver of 81
per cent. which started the rest of tho list
downward. Sellers of Denver Nere Bruins,
Henriques, Hunting, and Slayback. Later a
selling movement was started by Harry
Fowler in Omahas, and these declined 1 to 9
points. There was considerable realizing by
small pools all the morning. The bank state
ment was less favorable than expected. Money
on call and later at 4. Government bonds
were dull Stocks loaned 3 to A. Exchange
nominal. On the second call stocks were dull
and / to 2i lower from the morning 1t was
reported that Vanderbilt had sold out his St
Paul common. Early in last hour the market
was dull and easier
REVIEW FOR THE WEEK.
There has been considerable improvement
IN the general situation during the past week
owing first, to the settlement of the railway
war, and, secondly, to the strong support given
to the market by the "kings of finance" The
good feeling that always follows bull market
is smalSing its appearance, and gradually taking
the place of distrust. The impression seems
20 be general that the railway war was purely
matter of speculation, as it is d notorl.
GUS fact that most of the officers
If the warning roads were short of their own
stocks, and thus reaped large profits by the
break. The settlement was on basis that
showed that the only point gained was in q
lower range of prices.
The large increase in railway earnings show.
a very free movement of merchandise and
crops. The exports are very large and are
testing to the fullest extent the carrying
capacity of our vessels.
There has been during the last six weeks ar
increase of exports of wheat of 5,294 ,66s bush
els as compared with those of the same perioG
last year.
Money has been quite easy during the week
owing to the liberal supply from the treasury
Government bonds have been very strong
during the week, and surprisingly so for the
extended 5s which are liable to call at any
time. The premium now on these bond;
represents nine months interest. The stock
market for the greater part of the week wa:
steadily upward bit on Saturday the
natural reaction set in, and the market CLOSED
with prices from to 8 per cent. below the
highest prices of the week. The market il
entirely in the hands of the big operators
who may make bull market by holding theil
stocks firm.
STOCKS.
Opening, highest, lowest and closing prices o
the principal stocks for the day. as corrected b,
special wire reports received by Bateman & CO,
bankers: