The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-03-12
MONEY And INVESTMENTS.
Doinqs Of a Day with Wall Street
Operators.
STOCKS WERE FIRM But VERY DULL.
Houston and Texas Dcbcnturcs

New York March f1.--To1ays market
was remarkable for its irmness of tone
| in the face Of the specific dizziness of the
proceedings. With the exception OF a
slight awakening about delivery hour. the
trade was almost dormant. The volume
OF dealings was not only small, but was
distributed very mclgerly, a few leading
shares absorbing all but a small portion of
the Grade There are abou, go shares
whose prices are quoted and transactions
In wlGch are recorded on the stock ex-
change. OF this number there Were only
81 In which there wure dealings in full
share lbs today. Tho total NUMBER OF
shares sold was less th,en 5000 and over
5000 of these were shares of fifteen lead
ing stocks In view OF the very favorable
conditions of the foreign ex changes today
and tho subsiIence OF un.aS.uess lest the
Crtlan qucstg1n should e.nDruli the pow
ers, L ~ noct sss;try 10 look tor some "lher
g. ,laila1ol OF today's staguatoii thdn Il
European war sSafc. Th~gc are uuuotiess
several causes SttA existing 10 restrain
speculation, the most potcJt Bong ms
cautious conservatism born OF ~ long per-
cd Of reverses and depGcsslous. lnero Is
also "a disposition 20 wat Tor the assem-
bling OF the new congress IN eNDrl session
and for 4 10 niautfps- it's character ana
intentions. There Is Il fCe,!ng In w 49,!
street tndl the extra se,S.p OF may prove
to be long drawn on, and the senator's
artittIde toward Il tarn pi!l - felt 10 DC
an uncertain quantity.
Manhgttein WAS the loidor of the mar
kct today and showed DECIDED Strength,
which was probably dua 10 covering.
quite large short interest has recently
been formed In this stock PROBABLY on tito
theory that the reduction Of the DIVIDEND
rare TO per cent was bound to result III
a fall IN pr-cos The FAN proved onoon-
siderable and the shortS have been seek
today re-
Isl. which IS about the level before the
announcement az tho reluctou Of the
dividend The Vanderbilt shares We're
some OF them-m good denii1d.
sugar gained Il po'ut IN the face or
Washington advises indirat NJ; u proNihie
roducion of ;he amount OF protection on
renned sugar Isinr the new tariff. The
rise IN the Price OF the staple and Tumoi's
OF large stocks OF raw sugar IN the hands
vi tho company, which VII be increased
bg the cori emptated tariff changes, were
ehowed an Improvements of "a The high
price attained by Tobacco brought out
.sgome r.ali2ns sl'e1,. with a reletlon OF
rs In the prce, but tho stock Subsequent
y recovered Missouri. Pacific gained
= on fhc increase shown IN the first week
n March.
veloncl in the anthracite coaler4 about de-
livery hour due TO rumors OF fun her con-
soNdAiion OF coal Interests The announce
mcnt OF the 81. Paul Dividend about the
siinU time awakened activity in the
granSers. and some sornbhnce of uniina-
tion WAS Impaired to the whole market
New Jersey Central and Delaware ana
Hudson each rose IA. Reading y ana the
grang"rs ana Southwcs'erns a fraction.
The international shares nuctuatpl mar
rowlY in sympathy with the London NOR
ket. whch first. bought, then sold The
'fnderionc OF iirmnesa. which was a feat
ure If the market all day, ws-s manifest
on fhe close which was strong.
The bond market was more active, with
tf Inn Pom iE -
sharply notably Houston and Texas CEN
trail dobenture skies, which gained per
r.sf. rho gonerll market ruled firm,
with the speculative issues a shade higher
Total sales of stocks today were l00.527
shares rnclndsng Sugar 800 S.. Paul
$50 Tobacco 1900.