The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-08-26
THE STOCK MARKET.
WEEKLY CROP REPORT WAS
DEPRESSING INFLUENCE.
Selling Movement Toward the Close
Carried Prices to the Low
est OF the Day.

1
| New York August 25.--The weekly crop
| report of the agricultural department at
| WasfnnHbon was the depressing influence
| in the stock market today. as 1t was a
| stimulating influence upon the prices of
| wheat and corn. The opinion expressed IN
| the government report of unfavorable con-
| dltions in the corn crop and of impaired
| Yield from the spring wheat crop was of
| too serious import to the grain-carry,nS
roads not to have a marked effect on the
| value. But the fact would recur that a
| large part OF the long expected advance
| IN the price OF nhe grain-carrying roads
has been predicted upon the abundant
| cram crno which it was expected was to
| be moved and that then prices would turn
| downward again. The cases where prices
We're above yesterdays closing at any
| time during the day We're exceptional. and
those where they remained above at the
| close are still fewer
The fact that settlement day on the
London exchange developed no short In
| terest or covering demand was 90 some
| extent disappointing to the bulls. The
| heavihess I'M all departments of the Lon
| con exchange. growing out of the evil
dences of serious disa fec ton on the north
western frontier of the empire, exercised
some sympathetic Influence on the local
market. Commission house buying was
on much reduced scale and there was
some acttvity on the part of the large
| moneyed interests which have been promi-
nent In the market recently. The ex-
a
healthy tone cf the market, the liquida-
ton at mo time being heavy and the re-
Instance S AIT given point being very firm
The sales fell to total of a little more
than one-third of those shown on the bog
DAYS of tho recent period of activity.
me market enjoyed an occasional rally
under the leadership OF some Individual
stock which was, influenced by
deve'optncnt especially affecting It. Thus
the publication OF the statement of earn
ingS o. the Missouri Pacific for the third
N ir,Ar
me corresponding week of last year of
SVoVN gave an inward impetus TO that
stock and helped the whole market The
stock rose over II point and closed with a
net Rain ~ y. simultaneous rise in
sugar. Tohicco. Starch and Bay state Gas
at another time rallied the market 4
trading carried prices to the lowest of the
day and left the general list fract.onally
below last nights level. the loss extend
ing to Us In burlington.
inc bond market showed less weakness
than stocks, prices being generally hi CHER
the Atchison and Northern Pacific issues
leading m the activity
ToIal sales of stocks today were OFT o7o
SHARES. including Atchsou 1880, Burl5ng-
ton 2i,SOo, ST. Paul $500,
NEW YORK MONEY.
New York. August 25,-AIoney on cou
easy at lilA per cent: last lean Ia CLOSED
AT IA; prime mercantile paper Ss,siin per
cent; Sterling exchange steady, with act
l.hl
iSo's Tor demand and .S3ssdli. S3ih for 20 |
DAYS, posted rates .Sliaa3t 81, and A SAL |
Az commercial hills 4SSGI s2ss: silver |
certificates 5Qll5i; bar silver slls; MEXICAN
S.7i2.eSS. os'Naiiees
government bonds firm; State bonds
duil' railroad bonds strong. :.
LONDON MONEY.
LONDON, August 25,--Consols for monav
NJ, Tor the aeconnt il2 S-l6: Mexican or
65is' Reading sls, bar silver weak sss, !
per ounce money u per cent; rate OF dis
.vunt IN me open market for short and
,hrse months bills ~. per cent.
SILVER.
new york. August 25-Bar silver q,
London dropped the low record an aa5 an
o ,,,i,a sd with quotation OF 2ssd. The
Suolatlon mere was unchanged at XII
Mexican dollars. 80 5-s 'i's'
BONDS.
Closing ono atoms bonus u, Nav york 49,,
were as fellows; sou"y
= Z : 4. ssss ,Ss'S hss 4 s s:...i iGs
= ssw.s' RS, is5Mh 4 eS Ss.... i iSsh
s. sS s,,. iii issN T. & + + sss
a'ssoSr 81 vs 100 IS tx n son !. So
second S7s ssssss psc ~ I. sss.
en'' "s.Asts OK ~ ~ ~ Tex. Paciuo sac 40 21,f
Zen T.. "a Ss...- s1Alu p. nrsls OF 'si AN |
nen,S X q. rs -. ITO West snor, Is w. iool
Erie seconds ~ - ioos | |
STOCKS. Is
Nv, were no closing quotations on leadny
''oeAs ON the New for~ Exchange today NnS
Al =. t...,..... IAN Reading
A. tn ), r. p'td.. ~. luocs Islsna '''''''. 2Op
central paclac. -. Is lst PAM cor, 49,. MA
shloaIoS Alton. l6U lSt paul nra1a... sSs
=, b.AS,.s......... a6x 1ex,te i'ncine az
Del hndsop -. II "a WABASH '''' A5A
len u. G.. ,..... IL IWabash nra; '.''''. IA 7
len. \ H. e. pfd II. Tuned sac, 49,. ISM t,
tert Wayne. .,....l7o iWellssknrsa NJ $50 80
Illinois central -, los Amer Cotio, nj .ius
AXE shore ...,.,~..lIy Am tsoi, MI St..' ZOSs
y No. ,,..s..... GOss Amer a
IiSsoar, p.en 49, Am, Iooae,o, pref liz
", h. Sr....,.... lS;A silver .,,,.'. SSA
~ KAT prof., ...,Isusar NeA'es'' 80 y
northwestern ss,... l 90 su.ar ma .".'.ltIh {
>orthwestern, pref. lUl lisnn ,.at 80. 10
sorthern tacinc.,.. l7AlW. u 1.ia,~ ..on'. ssH
>orth Fac. pref. s9sl WA c
FIX. div. Offered.
THE wooi. MARKET.
= Prices paid by Houston dealsr~ II
we've montns. medium .in ~. n
ewrrvvs months, nne.......,.......I SsS !.
str s.sx - IA !