The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-09-02
MONEY and INVESTMENTS.
Doiuas Of q Day With Wall Street
Operators
WAS LESS DECIDED IN CHARACTER
Prices OF Americans In Londoa Faitsd -
RsspeHd To the New York iwprovs.
snsnt-AdvAnce In Sugar.

New York, September 1.-The stock mar.
kc' was Less decided In character today
0nd tho dealings were entirely profession
al The volume OF business also fell on
sharply below Yesterdays record. b
feature Of the speculation was the con-
unucd selling by London, Prices for
Americans at that center failed to respond
to the Improvement In this market. that
had been In progress at tho cioso or busi-
ness yesterday. and the opening this morn.
Ing was fractionslly lower, being also
partly affected by removed realizing. An
improved tendency WAS noted. however,
s ,nii mS initial de%inss' which LASTED
Time substantial advances had occurred
IN many rharos. particularly the indus
s sr@s, mnnula'icn bSsns elearly evident,
depression In tho price OF the foreign
products, being partly influenced by re-
ports OF acquisition by foreign concern.
Gals OF both companies induced n aubsc-
Iuont reaction to ioiN. Tobacco and Chi
easo Gas rose ~ and Manhattan and
ahouts. number Of inhuencos later fav-
orcd tho bears IN depressing the prces,
mcmdlrg raliy'ng tendency. In foreisn
actual rates aud In u riso OF u In posted
figures TO tS and AS. The movement
started reports OF the probable cancoiia.
'N'f VI hNUte W in' nfnTe recent EOlt i1n-
port orders. The general impression is.
however. that weakness win shortly de-
velop cxchanHe, owing to the prospective
heavy shipments of cur products 10 Eu-
rope AND tho strong International trade
balance In favor Of this country, Addition
nj rnghecmcnts uf gold today brought tho
srnnn total slnts t BE- II ,,a So movement
stood TIM, a considerable amount ot mctiA
that Is nfcat has not been reported Rc'
n.wcd nrinness in call money rates WAS
prices THE extreme nenrs reached was
Irr cent, Some unfovpMble traffic rc-
turns were reported inclu ling Lollnvt'lo
and Nashville Tor July, showing a de-
erc3s. In net NJ 800 900 The stock tell 90
IN 7-N ana there vas an appteuiahle de-
crease ~ foreign offerings The Frnngfrs
rpce'nltc. and industrinls also made ma
teriai concessions. Baltimore and Ohio
doomed Into rromin"ncr late IN tho day
aud made an unexplained slump " %.
per cent on liberal salcs. IN the last hour
u drop in call money rates 90 per cent
for ectuhl transactions induced purchasea
FOR hIth The tlore WIS Arm at unimport-
ant changes either way.
Bonds wore dun and IN. most c,scs ex-
hinlted h,p,esson, The losses wore nm
sm ,,nI o now ,,,c ~, except IN few In
Total nol,s Of stocks today Hcre 1887,
sl.@. Louieville and Nashville iS,.oo.
TINANCIAt.
Galveston, September lin the local
exchange. market, storlng sixties, buy
count, Ecllng at si.eJi New York sight
buying S-sc discount. selling at par Now
Orleans Hignt, buying l-tc discount, soIling
count. selling al par
New Orleans Septonher i..-Stcrl.ng OK.
change, commercial sixties. -. soitat4 Siitt
francs, bankers sixties, b.2lA, Now York
sight, bankers 81 80 premium commercial
at par.
London. Hcldomhcr l,--tnnk ratio. 3 pcr
20 l -lG consols, ll2ta