The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-20
NEW YORK srocK MAnKnr


easier and isc lower.
NEW YORK STOCK MARKET.
New York, December l9.-'rlc stock MIR
ket today was subjected to renewed prcs.
sure by for,%n rud lomeat.c desl"rs for
both accounts Naturally the agitation
aroused oy the now famous Venezuelan
message was the cardinal influence upon
the speculation. British consos ana
American securities IN London wero quoted
lower this morning In this market tho
International sharea were severely pres.-
ed, although well informed dealers eN-
pressed the opinion that the larger pro-
portion Of the sales was tor the account of
local traders. The cable sAles were not
much more than hall as large as those
r. ported Yesterday. European LIQUIDATION
OF our railway bonds was also lignter than
had been anticipated Some of the larger
exchange houses early IT, the forenoon con-
iirmed the estimates that have been pre-
shipments by Saturdays steamers al
minimum of A.OOj0O0. further advance
in the exchange market I'm The rates for
demand bills was a feature, and a rise In
call money rates to pci cent also at
tracted attention. The rate reacted later
TO per cont.
Tie latest London cables reported Il
more steady condition OF prices, The local
market was more active than on Wednes-
day and the distribution Of business was
on a broader ale. Up to about l:Sl O'Clock
there was practically no support and re-
COS sous were noted extending to 51, per
cent in the specialtles In Consolidated Gas
The losses I'm the regularly active list
reached 3S4 per cent IN Kansas and Texas
preferred. Tho securities Of this company
were subjected 10 special attack on &c
count Of n strike OF coal miners In It's
territory.
In me afternoon all Of the leading stocks
made substantial rocoveries from the eX-
IRENE low points. desplte the FURRY in call
money rates noted elsewhere. The great
improvements occurred in the Erangers
industrals. coalcrs and some of the spe-
cilltle. In the hnal sales a shading OF
prices was apparent in some cases. which
impaired an Irregular tone TO the closing
Final figures show material net losses as a
rule. Tho movement OF prices In the rail
way and miscellaneous bond market con-
tinued downward.
EVENING POSTS CABLEGRAM.
New York. December 1.-the Evening
Posts financial oabegrams say:
London--Th stock markets. opened flat
on the American news In the morning pa
pers, American railways were sold hcnN-
lily by bears and real holders alike. \ tel
cgram received n. midday saying that the
senate had expressed more moderate SEN
timeuIs in the direction OF the appoint
mcnt or the cor mission on the Venezuela
boundary, induced rally, mainly IN tho
form of bear repurchaSng. but not by
the public. The closing prices were At
the very lowest and with panickv feel
ing IN the American market. Even the
best gold bonds were persistently offered
hy English investors, Indignation NJ
President Clevcland'e tactics by all those
here Interested In the financial welfare
sun grow. Whatever the outcome may
ee cC.tidence mere mas refgiyed sn g,,t,l
Ii"n W"iru VA" rC.vt w pg bdlniuiy
s niH mas Nm cn,t,e3 r ,,a' sblrn,ent ~,
SoturJa,, 10 MA ,e,Dtr, in sdditton IL
any sent 90 Germany Wen informed
0uarters antlcipatc the onaa,yeincnt of
another SlVo,po1 shortly A premium on
gold in America is looked for early next
Year while the ropes OF Iresldcn, Cleve-
,t''l a ,o,ls .t'o A, ,eri'r'i crlreney
10 s'HiTt NH.ts AZ IKE ~ iNu lrit y, hs
XII H., ilt ~. r i,''' e. f i,t,,
~" ",,,r.i,r,i ia. 49, lii to % ,,,sb fo, 81,
bn,,e esctir. los ,1he r,In and h,t. iicn H.
the Bank OF England are down tl4s. 600
WIS weeS. altnoneh f5.e0ol net gold Vas