The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-07-23
MONEY And INVESTMENTS.
Doings OF Day with Wall Street
Operators.
LIST DISPLAYED MUCH STRENGTH.
Extensive buying Caused All Dis.
courasinE Facts to De Ignored
by the Traders.

New York, July a2.-There was not a
weak spot In the whole LIST today. save
q net loss of over a point IN Sugar. The
volume OF business was larger Bonds as
well as stocks were strong and the deal
ings extended TO many hitherto moribund
secrrsties. Decreased exports of grain
and lower quotations for wheat as well as
the London arbitrage sales were ignored,
and the market advanced on Liverpoors
support
The highest figures were recorded fl
many securities about noon. but an even
larger number OF securities scored about
their best prices at the close. Some for
eign houses are OF the opinion that Lon
don is heavily short and anticipate inter
estirc developments at tho end of the
coming week. Brokers, hav ne little fAth
that there should be much change IN the
sterling exchange marke, gave but tenn
porary attention to predictions that some
10000 in gold wonid be exported TO
Paris on Saturday. The continent has
been buying goli and with easy money
here THIS country can spare the gold more
readily than auc tbcr.
EAtcnsive comm s-ion house buying to-
day was q potent factor In the markets
strength, and Z remains to b. seen whetn-
er. now mat TIRE public Is taking hold Of
u
loac upon 1t as usual. Lonion advices
were tina. II the present movement lu
Americans continues. the British public
would come In a. purchasers, but alinou.n
q larger business was beng don. In
Americans toda, than usual II was prin-
ciraly on continental and American az
count.
Sugar fell 81. to 40 in the initial deal
ings recovered the loss, but was aga.n
rressed for sale. and ended with loss
Tine Changers and southwesterns were
the leaiers in thc Jays upward mo,o-
inent. on larger dealings. oth'- stocks
consp cuous for their stree gih and ACTIVITY
were Lead, Chicago Gas. General Electric
louisville and Nashville. and the gold
shares.
Rock Island scoied net edvance of pa
per cent on rruIors Of iacrcased earnih.
eapa ity PurlnGio1, on similar .nim-
ences. was hcltered TO The extent OF d
point and 4 half
Co;itrs were neglected because OF the
ierred. rose point on heavy buying by
the same interests recently active in ou-
gar and 81 Paul
The rise IN inlustrtals. Including Il. IN
Cotton OIL anc second preferred, / III
starch preferrei were attributed TO an
ducts, said 10 he expected because OF the
new tariff
General Electric advanced II. on uncon-
iirmed reports AZ an adjustment OF back
IN .dends or the produce exchange. The
vance Of ~.
The PRINCIPAL advances of a point or
more, not hitherto enumerated. were:
trled States Express. Brooklyn Union
Gas, . rs. +. c. C. and st. Louis pre-
fcrted. 2: c. 9 g. and st. Louis Detroit
Gas. Illinois Central. Laclede Gas. Lake
Erie and Western preferred. LOUIS lilo
| and Nashv lie Manhattan. Missouri Pa
cinc Susquehnnnn and Western preferred
and Union Pacific u. per cent.
The bond market continued TO reject
hrisk demand for Investment and speci;a-
| tive account. which, included numerou.
| fpiddl" gra les and speculative issues.
| Values moved uu'uterrupteily upward at
| cent or Whereabouts n tik, leading mort
| Cages improvements We're as rule
more material In the usually inactive Sc
! curtes. The aggregate sales were s2.o95,
/ coo
Government bonds displayed an i'm.
proved tone. aud were more active. sales
| aggrePat!ng SEQ go.