The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-05-07
MONEY AND INVESTMENTS,
Doines Of a Day With Nall Stree.
Operators
The MARKET SHOWED STRENGTH
Combined Eject Of Special innu.
don's Action Was a Feature.

New York. May s-The,e was eoasdsr-
able strength appai>cu; in todAy's market.
but & was due rather 70 the combined e.
feet OF special Influences on Individual
stocks than 10 any Developments in al
fairs affecting values generally n tae
market.
Tho narrowness o. the market and IS
professional eharac,er left It very sus-
| eeD;ihle TO such inncs1css az1 TIRE fact
that the sSort interest has been largely
reduced was show 10y the snal. d!mca-
sons OF the n,auiruia:.ye NOV eulents 10
offset ne advance. I, VIII b. reiperi-
| herei that prizes were Sold Of 70 some
eXten, Yesterday OF toe suppositc nat
British holders .. Au--caa securities
would rehec: the Huhlic resentment here-
tofore manifested oyc- the rcjection by
the senatc Of tire ARBITRATION tre4ty ny
offering ;heu, for sale. As nothing CT
the kind occurret-thc International stocks
on the contrary showing rather exception
a. strengih-t was bst natural nat there
shorid - some recovery Of yesterdays
losses.
Another favorable influence today was
the lime Sc; ~ the exchange houses for
dednstely de,!d.ns whether they woulc
make further soid shipments Us protected.
It vas nosei about the hoard during me
daY that one OF -he largest railway inter-
es:s had over an order for az enlarge
men. u Is holdings. and The traders ae-
cepted this es c suggestion . buy.
Mauy stock movements were largely due
TO specific Influences and the.r iuaueacs
on the general las: was only sympathot,c,
Tho strength Of Chicago Gas was SUCH
az. -s-Htr..... rN.. E44fssN+z ~ that zFn-k
ue ;c ~larser than any other on the lat.
i, together v~th Western Union. Sugar,
Burlington ami s.. Paul, was abou: hair
N. total sales % thu dag.
The pressure on thu Gould shares con-
unuei very severe all day long. and the
continued weakness. coupled with the eo-
eeace OF inside support, caused the ciFcu-
larion Of rumors OF litigation OF heavy n
@,.rc-'s. Later the prces OF me group
showed Cdmplc'e recoNory on rcls-urtnB
Statements from authoritative sources.
There vas more OF l.ss restriction mani
fest iu the movement % Sugar. Wa'ch Wds
attributed TO q potf-C purpose 20 pTeNtnt
very manifest response IN the price to the
announcement Of the tir-tt I'LL.
Omaha declined heeauSs no further div'-
send - probable this year. Chicago ana
Alton made ii marked decline on. thu, re
dnc-'ou Of the quar;erly dividend. Ten
nessee Coal and Iron enjoyed an advance
ON ih. announced settlement of its con-
EhA NNAA
troversy with It's laborers.
The not gain on tho standard shares on
an average. was a large fraction. The de-
cline in Missouri Pacific reached 2is, me
recovery bong almost compete. Brook'
lyn Union Gas Jumped ~ and Metropoh-
ian Traction /, New jersey Central gan
ID l., ard Delaware and Hudson rs. Chl-
a Z and Alton, which was ld6 bid last
night. was sold at i62 and closed at i"
I'D. The decline in Omaha was pa' with
i The srangers showed exceptional
strength. advancing from q to lf4, the IA
ter IA ron Island. other gains were Lake
shore .. New York Central IA and Norm
ern Pic,ilc preferred l per cent.
Total sales 81 stc.ks today were i3l'to
shares. including Western Union l'.SN'
Missouri Pacific 500. Chicago Gas ld.&or,
The bond market Arold"nel apprec.atly.
but tegS IMPORTANT changes were scored in
pr.ccS- TN nndrrtone OF the mark,st was
quite firm. The allrs were l.lZ7.N y.
Government bculs We're active and al-
vauced slightly on purchases Of 10000.