The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-06
MONEY AND INVESTMENTS,
Doings of Day with Wall Street
Operators.
THE BULLS HAD IT ALL THEIR WAY
Bears Only showed on the Floor
10 Cover Their shorts While
They Could.

-, -, "a,
was uieio ahN fVo''i Ao' uouo' '"A' 'he
motive for the buying was greatly In
creased confidence over th,, general out
,,r,, 60. ,,,s,,,o., -, 49,, ,,,,.,. MY,
.N'N ior "us'''eS' III 'he co"i''N, INC
bear clement was not in the market Mt
any time during the day, except as eager
huvers to cover short rnntra,,ts before
-, - -, - -, -. -,
sior' prices eouiu rise BEYOND 'he'r 'eaei''
walls bv tho more conservative minded
-.
N"ue's' pu' Apparently 'heir only PURPOSE
IN selling one stock was to nut the pro-
ceeds into another. Such realizing sales
49,, ,,..,,, ,, A., 80, Ill ,,,.,,,.,l ., a.,
10 "''S '''NO We" "-'' "N'V'N" "''1 ''
consequence the upward course OF prices
90 49,, ,1a,.,s -. ,...i,,
% tnr u'N sio'0 s'SS''''
The dealings We're remarkably well DIS
uributed Sugar showing the largest num-
h., of shor,,s of a,,y on. s,o,.lk sofia with
- ''"' 49, VI '''' o''' SWIM ~
w." sh"'es' IhioHso Gas ana h"Th"S'oh
followed close, with over 5000 shares
o.,, IA :, p,,l ,.,s $40, f,r h,rt,a
80 '''N - ~
VI the s'ovhS VHat were ucAt IN 10 Ni'
extent OF 100 to 700 shares there Were
about twenty. and 4 large number of the
,,.
"S"'1''S ""c'lNo s""IeS shoWeu d s'ii"''l
number OF sales. made up In part of odd
lots bought nv comm !ssion houses on out
side orders The general strength OF the
market WAS doubllcss assisted by tho az
..p.ratc strength shown bv some OF the
most nc,iyo stocks. notably sugar. the
Graugcrs ana New Jersey Ceatral.
Repor.s frnnl Noshinyton lint n tre1-v
with Snaiu was h~inp Sonsid,rrd Looking
10 thc regulation of n1turaliyatlon OF
Spanish sttn{e,ts ~. citizens of the rut.cd
Sta..s baI ineir effect as indicating com
irs. irlrtton Lct,,antl mo t,ro countries
y i.,sourl Ia,iur and Western Union
iolned tho list of appre,iating values
With mo fnVorl,cs ~ thr hears thus ali
.hiftod to ,bo hull sidr ~ In, market
tb@-,. ,., ,,,,..ttgii,, nv, ,,,,,.,ition i.ft -,
~ I,',,,ejrrr ,e,,5cr,,. ~ mo ,,aris..
Advances al i,ear a no,uf al. over wor,
shown IA Snrnr. New Jersey Central Z.
ncints) nuflintton ST Pant Northwest:
,rn R,cL isir,Sj Gbi,,.o c. Hutti,nor,.
arI ObIn Colorado Fuel Erie gr.onds
nref4 irs5 I.otisyilIe Ni.souri Pacinc Mo.
,t, ,,3 tbin ~ rn,,,fsi ,.d \ ~ yorl
ceu,rol and 81 ,.ouis snroude nrefarr,ai
n s. "''' rl,.i N,s,; s,,,ite -
e. .rei ore,on Ta,i,.r,,op nrsforred
Rtadinr srst r,cfcrn,d ard Western
isnfou
MI, 49,, -, ,r,,, .,,,.,, ,,s,,ori-,b,c for
- WGsr nsS ,', ~ ,n,rcacd cnn6icncS
t ht,,.i,,t- "a haiti, n; sIrur,,io, .sn,.
IN nuSLlE hiu nuUt.nE oi ss.U , i'' H. f,,
.,St ,s ia,tM Nv s' ~ 80 ,,f,r, ho.,,
~ 49,, ,i TO-, ~ ,.o, r.,,n,,
H. ,',,' ~ iu' o,'i 800 ftoi ,s
,c, ,,,a 90, Fd an s%n,,p ,rh"re can h,
~ ny V.'t'"e''rr 80" '' 80 H., I,,,,,,',
ne doupi thdt a GIgat'i pNnt oi M o"s ',,s
OF SOCKS curing the MeVh ms p,rh
ooE Co., ,' ~, hI,s,nss rr,.o,iv in.
!ooh ~ t,Hrl". uu9'ie,,s 10 - -, -
proven ana thdl Vnc cou'iltS lia W. -
me SonnyF from uepFess'oh 'o""'u ""-
~ ~ M 49,, ,,,s,,,. .,o,.., ~. .,,
nv cheoVlu cpinluclNe snoWi ps w
secretary OF the treasury IN nus pupuc
utsr'l W. mas ,iauy o strong ih,Ie =, 5son i,
UPON an street, Much aceo.ll' 10 'nheh
o. Nle roltc,''4o'i mar III, NoluHle ol p"H.-
ness ~ eqna! 10 ihnt m the most ptosper-
GUS EIaTs; nouGH prices are sun low;
says Dun's Review Reports from an
Darts OF the country snow that Tctali as
l l16 OF pr9aue,s are umuuaiIy large
anu increasing; ana comparisons OF
prices this week in tho leading branches
o. o. hulicture snow tcnsskaple SIN, I'M,
earlier months of 1879. when the most
wonderful advance Ia production ana
business ever known n this,. or any other
eornliy WIS close at hand
This feeling has secured a hold on the
more sanEuine element in wan street our
Ing he week ant Is largely responsible
Tor ule tuil market. IL Is shown 20
ulations.
The gold exports arc no longer dreaded.
as II is sem that the depit citation of the
surplus gold reserve in tho Treasury Is
rot me1 Sured by tho amount OF gVia ca
ports. The decrease in the treasury ~
serve since gold exports began Is. IN
iact, oonsldeiably less than iwo-ihirds of
the gold exports
The growing prospects that the coun-
trys crops ara to be plentiful and of cool
orallty is accented as giving the greatest
possible rance Of increased prosperity
ANA expanded business. The crop pros
reefs have had a specially beneficial ef-
feet on The granger group of railways
The reports of earnings from these rail-
ways for he week have also aided TO
their strength, notably 50 in Northwest.
ern and l3nrl.gRton. \ large portion of
he weeks SPECULATION, so FAR as the rail-
way list way concerned. has centered IN
this group
The improved earnings Of Southern and
Southwestern roads continue 10 reflect the
expansion of business In these quarters
also.
In the money market there has been an
Increase OF activity in the mercantile pa.
pei department. in1,ca.inr an increased
,lsc OF credits In trade. There have been
also large Withdrawals Of money dkpos-
tied with New York banks by outslfs
banks Tor rse IN different territories. The
action Of the Chicnpo banks in reducing
Tho rates of Interest raid on depos5ts
by Outside banks has served TO check this
tendency and 10 Increase again the nr-
cunuiatioI of outside bank deposits In
New York banks.
The barometer Of tho stock exchange. MS
usual, has been quick 10 respond TO tiese