The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-08-29
STOCK MARKET.
|rtATIOS OF THE TRADING
Ike THE PAST WEEK.
" II was STRONGER with
Practically Tcnding
Upward.

lark, AUX ueS AueAAce
sronger throughout the day the
ctically tending upward. Sharp
a the prices Of American Sc.
London gave the impetus to
at the opening. Arbitration
~ bought some OF the interna-
ocks. This buying was not Of
cartons, but at least one bank
& known to have been a buyer
4 Of foreign investors. The see-
4 Of the decline in wheat was
Ekingly manifested today and the
age scare Of last week was dis
renewed confidence In the yield
and the safety of corn. The
were largely dealt In. Omaha
center of interest of the whole
ri,.ng by leaps and bounds to
clos. ng only n under that with
n Of 4 points. chesapeake anu
nearly point. Ihe so-called
sas showed advances on account
=, snow. Iss in earnings. Wabash
FAMED a point and Missouri Pa
Kansas ana Texas preferred Il
"a inuustrials were somewhat
The coaiers also were not con-
md lacked strength. The week
srket has been the almost total
n OF the crop damage scare,
rerted pressure on prices ali last
kYen the qualifications OF the gov
q weekly crop estimate Wednes-
its unfayUrADle view OF the con-
the corn crop and the y-elo OF
rheat only effected temporary
and that not OF large proper
btnerWise the market mas tenued
upward all week. The total aver
line OF the previous week was OBJ
Monday ana the weeks results
FRED prices to the top level of the
[nt. 1he sentimental effect of dol
n is no small factor N effecting
kmption OF the upward movement
lock market, even with the doubt
! safety OF the crop still unsolved.
bus DOUBT Is any longer entertained
harket is assured. for an unusually
|rop In me United states at prices
re extraordinary. A feature of
4 has been the reduced volume OF
Hons. Thus the reaction In the
81 the week brought out no large
1 to liuuidate. On the other nand
ID advances Monday and some
hays were on total volume of
hons only about one-third as large
! days during the recent period
lest activity. At the same time IL
81 that very heavy orders to real
blaced at a certain level above the
| IN the prominent speculative
which checks any advance above
b point. On the other hand there
nee OF heavy buying orders which
bng buttresS to the market below
hing level and which demonstrates
h of large operators In the con-
of the Improvement. The less
mt stocks, which are brought for
ito activity and where this cond--
things does not hold to the same
move more easily. A number OF
have thus attained prominence
THE week. Missouri Pacific and
ake and Ohio are the most note
examples and today Omaha was
b the list with a jump of 3 points.
lure of the money market to hard
lfibuted to the fact that the heavy
Iment and enormous liquidation
has been going ON for months In
(epartment of business have left
brplus funds available at interior
y well as In New York. Net gains
exceed 2 points N q very large
Of shares.
Island leads the grangers, with
NICE of 5is, Burlington 3ss, Omaha
lsapeake and Ohio and Oregon
Hon preferred are up 8 points each.
|ch preferred, Big Four and Nor
y Western 4 points or over, La
Eas and Chicago Great Western,
q s points or over, illinois Steel 6.
lotable features in the bond list,
we're strong throughout, We're the
bake and Ohio 6iks, Kansas and Ia
|nsol IS and Oregon Improvement
Ens for the week reached a point
le In the Atchison adjustment is,
and Texas rs, Northern Pacific
Hens and Erie Central lien IS. To-
n SIS, 800, 900 shares.