The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-19
MONEY AND INVESTMENTS.
Doinqs Of q DAY Nith Nall Street
Operators.
FURRY OVER CUBAN RESOLUTIONS
The ssccks slump from Six TO Ten
Points. Heidcrs stampcdinE in
Order to S~ll-Bcuds Weak.

| New yerx November iA--wall street has
reSeaily attached eaiy 3 lserfanc,ory inter
est 20 the CrsNsr probabilities. having per-
smaded sis-eis tea, A~Sooi few fierce ami
| i1iiass,2Ued rhetorical eeclars lions by GER
tain senators snd congressmen no disturb
| arces were likely to occur. The average
! It's Ser and So ,urity holder wss not quite
certain, in fact. whether even the resolu-
items would escape burial in committee,
and the leading interests seemed disposed
TO assert themselves. after their protrac.-
ed inactivity. and compel the prompt COW
ering o; too bold ard somewhat I'M
wsclay shor. intexest. However ;he
financial community at large. and cspe-
ci2ily interests on the long SIDE. were
treated 10 pleasant and almost entirely
unexpected reminder OF the Venezuelan
episode of year ago. London prices ior
american securities were reported lower
AID stress Was aSain laid upon the increas-
ins MouctatY strrgency IN London AMI
az other naancidl centers, while the con
uAu"0 nTlnness OF the exchange market
caused renewed discussion OF the prospect
Of early exports OF gold.
The market opened weak and soon devtl-
ogea increased hcaNiness on the repeated
cpnhd1 nee expressed by certain senators
and CO.'S res sRen regarding the strength OF
the pre-Cuoan sentiment IN the respective
shortly before o'clock disconnected and
iit o1ap4eie dispatches from Washington
fesorsag the decision OF The senate com
Iiitee on ioru.gn relations TO report IA
NorAl 10 ghst body the Cameron resolu-
lion recognizing ihe Independence of Cuba
~ tet A'iei States caused denoralza-
Ao's. II ire stock market. Holders of Sc
c~s.s1es were throwing them over right
@s.1 leii. AS usual IN similar circum-
and left and zhe flood of long stocks en-
At.s7i the professional depreciato tors on
e.@fs ieop.e'S properly 70 mark down
ytees sApAAy. Ihe liquidation embraced
a.! classes OF securities, and the declines
IN the active list extended to 3u6 per cent.
With tHs ST4usera ana Internationally list
'I socks the greatest sufferers. In the
iuartive Spccialtes the losses were even
sNo-t s.Yere. The extreme declines in
e.u4ed burlington. Ga; Consolidated Gas.
-. >. faAi. 1it; sugar. Jes Rock Island,
Naa;S-s and TEXAS preferred aai
southern halfway preferred, A.; l.outsvi lie
ans Nashville. Is Manhattan and Read
ing. ~ American Cotton on. Chicago
Gss, W eStcrn Union, l.; General Electric.
o. Northwestern 3; Tennessee Coal. ~,
and Le-ther preferred. ~ In the usually
NEGLECTED shares. Hooking Valley pre-
itrred MAS dealt in at Is, as asans, IS
ths last preceding sale
Aronni de.Nery hour covering and to
iesssAei extent supporting orders
caused rallies of point or Whereabouts
in most al the active shares. Prices again
s!umred IN order however, and The loves,
l=ufes OF the day were IN the last hour
and IN that SPACE the greatest activity
was noted. Aside from the general de-
l4'S'H'r lHH"'icc OF me w gShingtOn news
SUGAR was uuf4vorably affected by re-
Lort Of probable bitter contest with tho
ArhrchIe interests. involving the engage
lhcut OF The management of The company
IN ccilce. The IRON ana s.eel stocks also
suffered from the decentralization in those
INDUS rifS. The market closed foverlsh at
prices.
The railroad apd miscellaneous bond
ntaiNc's were weak, IN sympathy with the
stump in stocks. Liquidation was most
severe In the speculative issues. dealing
mems scoring the Creates, losses. The
saIs were l,6l"0oo. C,earings. Sl02, 35S 902
balances. 80 l4l go
ne toisil allns OF stock today were 399,-
o. ahares, including American sugar 757
~, burLnston, 200; Reading. il7co; ST