The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-09
NEW YORK sTOCK MARKET.

New York, February S-Tradng IN
stocks was quite brisk for a half holiday,
Tie movement Of prices was Irregular.
Disappointing foreign adN ceS IN iesHrd
to the prices of American stocks ana con
tinued Hing IN this market for account
o. IuIop-an dealers excrtcd an uuflVor-
able influence at the outset Very soon
however, strength developed II the In
duslrials, while the railway list oxhlbited
a sa9gnig tendency. Inc llucluluVHS IN
prices wore uniDportant until the tnd o.
the first hour. when the bull leaders took
effective action. ON one heavy purchlS
the market took the up track. The gains
scored were material in a number oi n
STANCES. MAMMA tan, Tor example; rising
"a, Sugar 2. burlington "a, Distuling ana
Cousul lated Gas rs and Kansas and
Texas preferred ana Missouri PacWc l.
fallen IT,. en- a renewal of the selling pes
sure, which had been evident, rallied li2
Profit taking toward the end OF the Sc
sion caused general rctessons, Leather
preferred lead ng with a drop of ia. me
market closed irregular, but at genera!
gains.
the week, both In and out Of Wall street,
has been the closing or bids of the new
Slo00co0o0 government loan ana the al
lotments. Every detail connected with
the event has been scanned with great
cagerness AT home and abroad, and the
prubuh.e aftor-edcrts OF The loan con-
nue. to hc discussed hy leading iinlnriers
with marked anxiety SO far as money ana
CONNIE rcial paper are likely to be affected
thereby. IT is contended IN strictly Wall
street ci clos that the primary uhjtct OF
a large measure defeated. In other words.
m ny of the 1H bidders outside Of the
Morgan syndicate have be en- moro bent
upon recurring the bonds than cnnscien-
tous as 10 the source Of the gold to pay
for thr-b bonds The statement Is made by
these critics that no small amount of the
treasury goli may be taken TO p1y for
tho bonds ami its ne, increase from tho
sale Will fan lar short u the present an
t!cirations. TIE general public, however,
will take r broader y CIV OF the re-eetah-
lshment 81 the credit Of the government.
The market has been inactive. though
irregular. The main fluctuations have
been caused by the Frecuntors, although
some good invest mcnt buying Of Changers
md n few other stocks have been noted.
Suga- and 81. Paul have disputed the
leadership Of the market and show net
gains of S. and S's pnr cent respectively
those already noted have been the news
that the house win vote on substitute
i'm for the bond bin rimors affecting
the financial credit OF the Missouri Pa
'tic railroad, afterwards authorltauvcly
denied ne slstent selling Of stocks for
foreign account ard the usually lroltly
outgiVfues Of the p'anlnulatOri Of the In
1ustrial stccl0s The net results show adj
Pullman and Rio Grerde preferred s. Den
yer rrefrrred A. Cotton oil preferred
IA. ST. Paul and Omaha ~. AMI Bur
ineton and Rock Island SIs. Missouri
MINORS previously noted, but closed only
III iowcr. Sales TS III shares.
Tho railwsy bond n&rK't To-Day eThih-
ltod continued strCng,on o End advances on
IScr The week bonds were strong ana
anal prices Of leading speculative Issues
are ron"ra'ly mate lally higher pea.-
ings, S9ol5pOo.