The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-17
MONEY And INVESTMENTS.
Doings Of Day with Wall Street
Operators.
GENERAL TENDENCY WAS. UPWARD
The only Declines which Occurred
We're Due TO Special Causes anu
Were Recovered on RALLIES.

New York. February 16.-The marked
strength which rallied the market toward
the close yesterday was manifest on me
stock exchange again today. and any e''
forts that were matte TO stem the Upward
course of prices proved unavaiing. Inc
bear contingent concentrated % enorts on
a few OF the specialties successfully Tor
a TINE b!t even the indus.r.als proven
refractory under attempts at manipulation
for {, decline and rallied. the declines IN
each case being more than recovered Inc
more picinc outlook in Europe ami the
subsistence of the alarm over the outbreak
in Cre,e. as shown by the carly reports OF
contitciions on the continental bourses
and IN London was. of course the mdlh
cA.sc OF the strong tone OF the mtTNc''
Tho conviction that the great powers are
In 20 danger of coming 10 war over tne
Crock occupation OF crete soothei the
fears OF foreign capitalists ana AueIl'%ii
securities participated in the gain en)oycd
BY others on the London excnanee. l:OA-
ion tso bought in tbs market. lie
general outlook is slso regarded as i'Vo'-
attic. D..
Tire January trade statement while 1t
doe, not show so heavy a trlde blidnce
IN our favor as in some recent months,
still SHOW q balance unpreccieniedly large
Tor January AID gives no evidence OF the
turn OF The balance against vs. ana tre
consequent owtuow OF gol" looked Tor ~
this time OF the year Lonion bhylnS Oh
our stocks adds TO the strength OF the
country's financial position, The ACTIVITY
impaired TO the steel rail trade by the
desoiuuon OF the pool and lower prices.
Is also a favorable factor. There were en-
courd giug reports also of the outlook ior
railway urafhc in the Northwest, owing
To the increased movement OF grain. All
these causes may be sad TO nave con-
tr buted 10 the upward tendency OF the
n arkci today.
1hc only notable properties TO mani
fest depression at any time today were
Teunessce coal and Iron, Leather pre-
Union and TOBACCO. The declines in these
which were more than recovered. were
Leather preferred and Tobacco Manhat-
tan Tennessee, coal and Iron and Chicago
Gas, each. Wostern Union. ~.
II Is expected than the governors Of the
sock "a EiUSe tomorrow |il take action
on the contract with the Gold AMI sock
Tel agmph. controlled by the Western
Union for ticker service. Runors as 10
what that acton will be were uscl to
Il press Western Union. The readiness of
o.hcr stocks to decline We're due to si;nilar
special causes, which We're Lullifed during
The ilv 10y che upward tendency. SUGAR
WIS nuoyant throughout. apparently on
account of the relief Of the tcrminption OF
tire inquiry into its affairs by the legisll-
tlNe committee. which has y is-ei 10 the
Rubber company. There We're evidences
of inside hAyius IN sugar. which as usual,
enjoyed large proportion of the attention
Of no exchange The stock advanced IS
to ia Us.
The eranEers led the general advance
m the railroad list, gaining an aveNEa OF
also showed prominently in fho lave deal
irga In the usually active stock, Conso'-
iuatcd Gas jumpod Sla points on an ahaie-
llf'"' Of fcars Of UufaNorablc legislation
OF Albany. Lake Shore gained TO ~
The hnll hour WAS active, showing mark
ed Improvement in nulnhtr OF shares
and prices generally the best Of The day.
rho M hot Jtst,invaI p ir,p