The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-01-26
MONEY AND INVESTMENTS.
Doings Of a Day With Wall Street
Operators.
STOCKS BOOSTED FURTHER UPWARD,
Nothing to Indicate Checrtuiucss In the
Wool Market-Poor Market For
Hides Financial.

New York, January 25.-(Speciai.) 1.-The
conditions of yesterday continuing today
gave the stock market a further boost |
along and up. The only exception was
that London did not help at all, a rare |
exception; In fact. foreign bonds so.d |
moderately. There was "a general cover |
ing OF short contracts.
The bank surplus reserve increased |
s.. 49, $50.
Cotton oil gained about a point. Rail
road bonds went higher government as
gained l-2 cent
Foreign exchange dull: slxtys ASS; de-
mand iS9 Silver u Isl Mexicans So.
Further gross returns for the third week
of January of earnings show Denver and
Rio Grande $4,000 ahead.
There is nothing to indicate cheerfulness
In the wool market, though the general
conditions prevailing are said to give thu
market support. Still the week ms been
quiet one and perfunctory. Local ho.d
ngs are Arm. Texas sales 25.0JO pounds
fail. 9ul0; 10000 pounds secured. 30; 500
pounds secured pulled. 80; also 5000
pounds fall and spring, $1,000 pounds fan,
1900 pounds secured.
Nothing new In cotton seed oil; prime
yellow. IS 1-2; off grade yellow, q 1-2o2S;
prime white. 80.
Leathcr-Poor hemlock market; no
change In union; moderate demand Tor
oak and butts; Texas oak sole, s'I2S.
Extreme dulncss In hides, as the United
States Leather company Is standing alooi
Galveston dry. Ii; Texas selected dry
sailed, ..
slSins-Goat, quiet: Texas, 20.
A fair volume of business was trans
acted In cotton today. The trading was
very much mixed and a nervous hilc-
tuatinE market prevailed in consequence,
desrdte the moderate activity. Prices.
however did not show much change either
way from last nights final quotations
The market opened firm and showed DIS
position to advance in sympathy WIN
better tone to the Liverpool markets than
expected There was fair buying by
Gilman Bros. Henry Hentz d co" Hup-
bard Bros and other local commission
brokers. and prices advanced 3u4 points.
] The demand however. was not strong
| enoilrh Mt this range to absorb the oner"
ings in liquidation by traders. ana quite
n little hear pressure with liberal safes
! nv brokers, said to he for the account or
| n prominent local srcculator inclined 10
| the short side caused a reaction ana de-
! elmo In rrices to the basis OF ln2 points
under Yesterdays final prices. az which
the market closed quiet and STEADY
NEW YORK STOCK MARKET.
New York January %. The course Of
today's speculation denoted n relu'N OIL
confidence as to the immediate o'iuook on
the part of the financial community, ~
Improvement that occurred WIS ~ a.. me- 80, ~
ure due to myers of stocKs, hltnpihh Pr
| fcssonal operators figured TO: tne sec 81
part OF the days total of Duslaess' ~
volume of the days business Wd" 80,
" above the recent aVerlye. sns u
hesitancy was noted at the OUTSET, Wiz
was due to the failure of the l."l;don met
closing price here yesterday. Tag 10 =
market soon took a firm tone ana p;lcc
generally advanced on buY'3s l"' w
accounts, the gains o rahg Hi,b 5 me-" or w
except ons. were at the highest Of IN
day Although the market inr ths W j.
has reflected a more cheerful temper :.
Wan street. conservative people i,e 10
vet prepared to commit themselves 10 ,"'
nortant ventures or enterthn nil- ~.
lions upon fhe stock exchange Is .'pi
al any moment TO be materlatIy A. ~
by every chance political rllnoi' - 49,,
: moment undoubtedly, the dome sc y,
in,lr nreser1ts n more reassuri1s aspect
Money ON call has cont nu'd etsV ~.
an improved condition OF ine n'i III, S,,.y
commercial paper - gratiiy,HE mi o| m
discrin-, mating as to quality " sun uu
usually keen. Regarding me 5oVDru'''o ~.
loans, the best Informed man AN, b,,r.,,S
press even greater confluence INA" ''N'S
fore as to its success ,..t,,, ,o,.ue =,
the week. purchases ny tho ~ , ~ ~,
fairs caused an advance OF . her ccl''
is market price in anticipauon Of ~
N,,sing Of the. books for the annual elo'
lion about two weeks hence. Ihe peht r,
sneruiation as a whole was extreme
diu and profess onnl and ne ranEH I
nuntutions narrow. Prices wmcn nui uec
, Working IRE gularly, but IN ma oria =
inStnnces. toward a higher l"Vel "ng
Tho rumors of an alliance etwetp l.uSS'
0 and turkey first appeared, recehct a
n,ornd. The subs iencc Of uh''ifti,t,s "
IN a point eventually was followed ny !,
~ rcbases Of our securities IN bpth loci
aand foreign account. Toward nc ena
~, ne week fairly large actual buN,rs ~
ders were executed ard :hprt7 als2 re
mic line. Final sales shlw generhi n'
! gsirs. go, ,av.pces
|, the active list were IN Ing tr "a Pc cen
fJanhatten s. New Iers;Y tentrai >
. psul ~. Burlington 81 and Roch lslal
o ~ n,r cent In the less active class. re
Vsrs chicago and -. Louis hrSt pr
farrcd rose S5s per cent OF the de"iaritlo
81 an annual dividend IF yer cent ~
stcond preferred 3. iSai'init e AM ONO
: and consolidated gas MANY olHeF su'
siai tial ,mprovem snls occurred. sales 81
lSa shares. ,,,1 c,r n,
: Holiday and the ie1t1Ss, W. distribute III
.rootNJ business transacted N,1llVU
iYs,iheher prices for the week were r
= .ordsd In ali of the pro n. i"nt speculatl'
eoti,.lSv and ntscellan mortrhges, ~
- uiarlv the Reading isshcs Sales WA
900.
Closing quotations on bonds at New YORK 'od'