The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-22
MONEY AND INVESTMENTS,
Doings of Day With Wall Street
OPERATORS.
HE STOCK MARKET AGAIN EXCITED.
safes Lich or aud Money Easier to Bor.
row-The Wors, Tn pught to be
Over Nav.

| though 1t is with dread they look forward
90 Monday. Just before the close Rock
| Island topp'ied from to points, Chicago
| Gas followed 1t.
Money loaned as high as 80 per cent
and at the close It was per cent.
| Foreign exchange rates are confused
md quotations disagreed Kansas ana
Texas preferred declined 2QSs. \ 10,
OF wise men with ell the rnorsy they
could rake up, jumped in at the loves,
cob and bought at the enormous declines
and their buying caused rally that sent
| prices up to 8 points. The purchases
were heavy and simply bargains. The
feeling is also more hopeful.
kailroad bonds are also on the improve.
| SlXtys quoted at 4 S.. demand .SaM silver
rs IS MeNicans 52is. Gross earnings for
the second week of December show Rio
Grande Southern about 5000 ahead.
Cotton broke badly In the early trad
ing today. and prices for the most active
/ months declined on heavy liquidation OF
| long contracts. Europe1n aud Southern
selling and hedging against holdings OF
actual cotton. The trading was on
larger scale than Tor some time and was
attended at times with considerable ex-
element. The Generalization prevailing
| In financial circles. and break In spot
| cotton and futures at Liverpool this
morning, coupled with reports thai the
Southern banks arc catching the panicky
| feeling and are likely to turn loos tha
| cotton they are carrying against loans,
accelerated the decline and intensified
| 1ho weakness. Tho rush to sell subslded
as busint IS progressed. however, ana in
the last hour the market rallied hatply
on covering of shorts and strong SUP
port lnman, Swami " Co. ana other
large cotton houses. bought freely near
the close, and the market lcfl of steady.
wish the final prices showing a recovery
Of 10 points from the low level. and with
in to II to II points Of last nights clos
ing quotations.
Market closed steady.
Mexican 20 pesos lg.50uls.6O: doubloons
is 55Ql5.75.
Local wool market dull and unchanged
the war scare having no effect. Texas
so.d was: 5000 pounds slightly bury al
sac; LOCO pounds year growth 9al0; 5lu
lr0unds secured % cents; about lOoW
pounds spring, lSsl,Oo0 pounds pulled TO-
and secured about 10000 fan ana year
growth, ami lS0Oo pounds fall and year
growth sold. Nothing new in cotton seed
on iIllhe S'ilo" % ee"'S' seAt's "'N''e
2Aa. off grade SOW at l6u23l4; primo
u,,tto stendv Qtlho2o ,,,.,,no c,.,aa 4,,,
23i.g2ra. Texas quotation here for crude
l. o. b. at the mills. Is cents. Hides at
standstil. Calf skins quiet dry Cat
weston ~ dfy shiled ~ wet salteo IeNas
OK and COW co. No change in leather.
| Taxas mix and sole unchone,d o75fyy In,
rio ino,1r, fo, roat skins Tovas ,s,,A
~ $500. - ,.
NEW Aohh SIoth MAkhEI'
New York. December 2l.-The trading at
he opanins, or, tina sf,clt axobanye tonnv
49, 'S we
was oven more demoralaed thah IN the
initial dealings Of yesterday London
cab,a, shr,u,ed lower pticas and a better
c"p''' A''"'u 'o"'. P'''Na wv N'''''
tone prevalent at the center NtNcithc-
less the foreigners continued 10 unload
-AHle''Vo" s'' '''V" h''' Wv "'e''''9
values III the lrst puarprf Oh an houF was
IN .eod rr.f,ro,od. Subsequently Garbage
q"
guaranteen re"chSn ptt cent, inc az
emo IN thc .eAdlng runway STOCKS " as
! headed by Lake Sn1rc ~ a Dreak pi
per cont me other Nahn&rullt stochs
also sagged Sharply The lhrries then
DisIi.ing ana 'I.cad improved ) per cent,
It'"Nc'lnu tlheinhA'l tt"sas0 anu ~,
-oul5' Cd''1.ul SoI v IN, '.s.,'
orG an NSw ,.,!,rsG tho,,pI e IKE
DAY and prices Iiuctnated Fapialy' the
ciiSi 'as lSing very We, =, ,oaoos an
ne MAJ NJ S1uS,n ", u ~, "osrf % 30
We ~, uas Iai,siI'S w M " i,s wore
%, at gtSe 80 il,,dl,'~ "a oeo In S,,sar
Sli'i'9 tn n, VI 90
'.'' n,y ~ ir,t nv e,citcnnert I'm 1,nan.
az, M 49, "a ~, ~ i,7s, i,esr rrnuent 10 n
Cia' '" SaTdo,n NO. I cvSr fos no s;ock mar.
~ ~" - ,|1,'t''uiesd a. s,l,.h n DO, rro pnu
Far en- LONG pcriod as IN the present
" ,ha slden,'s ness, a.. ON The ( enc,
: 1I,cjar t,i,t,op,io the depr,ssion on the
stoek boari las been steadily increased.
t1S1ciaffj Pres 1tvicos on Saturday de.
niarrd In Rotpscliild story to be a canard
ma announced hat The London bankers
Rad resolved 10 make no Withdrawals al
American credit fer tho prcscnt. As "a
rest't declines made in the opening deaf.
mo, were partially recovered and a
stfadIer tone temporarily governed the
b.. re-. esecu alton. Tire improved fceiiu-,
, was uf brlef duratio ana the gains mHap
were in many Instances almost entire =
wired out and the market clio ed decid-
div heavy In tone. sales for tHe forflna
account are estimated at about 3lo ~
hare. which breaks all preV'auf recorHs
At tho extreme low point OF saturday
the more important declines. cpinp1rr1
: with the hiph prices earlier IN the wo"k,
we're as follows; Consolidated gas 2i's
No I.rSav i'Hrtral l.ia. Aip'fDnpiN m