The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-26
MONEY AND INVESTMENTS,
Doings Of q Day with Wall Street
Operators
STAGNATlON IN THE STOCK MARKET
tors, but They Produced No Eject.
Growing Demand for Bonds.
New York. February 25.-The remark

New York. February 25.-The remark
| Is heard sometimes now In wall street bs
disguised traders that there might as wei
not he any stock exchange. oons,dei.ns the
small amour: of business being done. The
| sales of stocks today were only Ss,0S
shares, which Is somewhat large. but
much below the average for many days
past. This figure Is regre,fully cOntraste
with that of former tunes, but very long
| ago. when the numhSr of shares dealt in
would rrn Oil ihe way from $4,000 to 700,
90 shares in a day. The stagnatlon in
| todays market held IN the face OF many
| encouraging factors in the general sl;ua-
;ion. including an undoubted confidence
In the minds of most business men that
an industrial revival is imminent in the
country ard has actually set ~. IN several
branches of business. Out OF seventeen re-
ports of the earnings Of railway. for the
THIRD week In February. published today
fourt aen showed an increase. Prices rose
IN the London exchange on the promise
OF peace In Europe yet the confidence OF
traders N the improvement: OF values
lasted only short PERIOD after the open
.us OF the exchange, when stagnaton and
heaNlness again dominated the market and
ned J. TO the close. Ine small volume 81
u i.A-tA3 !fll N.It EdlS, even IN A4t ~ VI
usually active stocks.
An immediate cause of the apathy in
To-Day : market was without doubt due
TO uncertainty regarding the extent Of the
tension IN the relations between mis- coui.-
Try AMI spain and to fears If the eff ect on
values OF the ardent discussion reported
tc be In progress m congress over the
multrcatment OF American pr sancrs IN
cuba. There is an urdercufrer. Of feuting
IN th@ street that pose bly, the authorities
az Washington are holding OF compiled
tons 10 give the new administration an
oppor'unt 10 shape its own policy upon
them The near approach OF the uaw al
iulhiStra Ton naturally loads to an aturude
OF WAITING for ;nformaton on questions
OF roicy generally. These considerations
saEe check TO the mo icra;e buying
with fractional advances. winch
opened the day. dechine followed, which
,r %, rtoS' 1S Cas- 81 equally narrow
urinneSs in the market is notable and a
falling market finds the offerings quickly
tx ma used The expected happened in the
appointment of n rece yer for nocking
\ t!ley and there was lttle effect ou the
general market. The hnanria stralts OF
Inc company were due 10 hc recent de-
in the ohio soft coal traffic
TOW adjusted by agreement. with the re-
sur OF Improved railway earnings hut not
before several roads hava gone into the
la Il, Is or recelvers. Sugar Msnhat,an
ana Inhacco were conspicuous N ,ho de-
,nne that h"cafp" general There was a
slight rally about | O'clock when the fan
OF values set rn again. some shares closing
4 ne lowest Sugar dropped 70 IA. The
market left off weak. with fractional loss
IS tNroughom
"A favorable symptom of the general |
,pihi, no. in The financial outlook is 'udl- |
,ated by tho growing demand for bombs.
"haeh are relatively NOR active than |
SOCKS Tho market exhibits Il broader |
cndenCy, with the securl1 81 NJ s,aaiarI
properties assuming grenter prominencc
Tho speculative bonds arc comfarativelv |
VS. anuNe and move narrowly. IKE Hook |
nS NaileT mortgages were the feature Of |
ne days trading and registered mater al |
ans Tho general UNDERGONE was strong.
lut IN" improvements did not exceed frac- |
onal proportions as a me Sales, ST.
Total sales stocks today, Of Oto. including:
iurMngton. 5000: st. Paul. $500