The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-19
MONEY AND INVESTMENTS.
Doings Of q Day with Wall Street
Operators.
THE MARKET WAS EXCESSIVELY DULL
Fluctuations Were Confined 10 Very
Narrow Limits-TrndinS Enureis
Of "a Professional Character.

New York. February ls.-Today's mar
kei for securities on the stock exchahse
wos notable for nothing but its excessive
duliness- absence OF feature and the mar
row And.s Of the trading and the range
OF prices. Even the lndustr.als, though
they took up the bulk OF what trading was
done. were not largely dealt N. Tho mar
ket reflected no condition on the general
outlook for business in the country ara
was simply swayed by the ,nanipullsive
Efforts OF rocm traders. II was inevitable
IN such condition of apathy that the
course OF prices should be generally down
ward, though the volume OF sales was not
large There was almost an entire abscrce
q commission house buying. showing the
lack OF any outside speculative interest
in depressing prices, but the only result
is that there Is very it;lc market loft for
them. The inference is that holders OF
securities are determined to wait Tor the
chance OF a inoro satisfactory market be-
itre parGns WIKI their holdings. i i've 70
NiNal OF = Re cling q uneas:ncss over the
enigma OF tho au,ltude OF the great powets
.oMofa the Grctks Ia Crete, reflected from
the foreign exchanges. served to lerrvsJ
the nisrkei IRON the opcnNg and there
was selling OF some Internal .onal secars-
t.us on iOreign acc punt
Inc anthracite coal group declined
sharply on apprcaels.ons over the condl-
lions OF the trade and in sympathy with
Fc rod on .yn'gh Valley ia the Phtld.
de,phia market. New Jersey Central de-
vi.,ta -, recovering tbs. fraction. and
Others of the group reccled Il fraction eN-
nrb. Lackawtnna. which improved =.
~ ekuE Valley securities continued Il
Nicient decline On apprehon sions Of de-
iau,, IN. interee, payments coming due
The inlustrials nuctuated irresua-ly.
showing fractional net gains. however.
American spirits was active and well sup
roft'd ON the trade outlook. Tobacco and
Leather were also tirfn, As was SuStr- on
buying ~ttd to he FOR ms &c account and
on an advance In the price of the prollc :.
a., of She advance was retained Mlnhat-
tan was active though crra'ic. ana after
-'',... onu loss raillC1 IA IN the am
nouncol im.ention of its authorizes To
alup, ciectr. ~ as motive power. The
gain was later los. on revived tumors o..
Il reduction in the div!dCad ate. Mis-
sou. tic was depressed TO IN, hu'
re-aiucd tho loss on the publication Of tho
Ca"uinss for the second week .n February
snow ne IA increase OF 500, prtfN u W
all the railway reports received SHOW an
..purHL nS increase IN v4tll.f--. $3.50 to-
railway ist was unable tn " thsiInl thi
general Hua.hy NJ the market and de-
clincd. frnction1lly for the most part The
market dcvelo pcd a somewhat hstcr tone
"a tnn iHir dealings ana the clos.n,; Was
mainly steady.
ne houd market displayed further Gim.
ness generally ana n widw volume of
trading wa-ch embraced n number If ,hf
hitherto Neglected issues. There vets NJ
news to account for thu revival OF
strength AMI an IN ~ on in these sccur!
ties other than expected benefits - accrue
ir.u, the Industrial activity Mauhl.tar
consos were unusually orratc, but al
t.nutcy ended with gata of 1 per cent
Kansas GUY and Pacific N9s's alNain'C.
. Itr cent hut the changes II The prom
nent ere ulative markets were unusual!
n"l row. srchases for local and fore.sl
nVestuu il account continue in consi lcr
able volum' with growing demand 10
the low grade securities. Sales 81, ii5,GOJ.