The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-10-31
MONEY AND INVESTMENTS.
Transactions Of a Day Among Wall
Street Operators.
ONLYTHH sPECIALTIES WERE ACTIVE
The General List Was slugEish-Con-
solidated GINS Broke Eight Points
ON Hear Manipulation.

New York. October 30.-There was little
activity and small variation In prices on
the stock exchange today. except in a few
special cases. Consolidated Gas was the
conspicuous feature, with a break Of .
points to 1874. The stock fell several points
between sales on realizing single lots OF
100 shares. The last sale was Mt raiiy
OF 3 points. Consolidated Gas at 1874 shows
fell of 47is points from the price on
September IA. on which day 1t sold for
AL Today's slump was effected by the
bears for the purpose of uncoverlng stop
loss orders. They argued that the result
of the municipal election might be an Or
ganlzation for dollar gas.
Union Pacific was heavy throughout on
rufnors that the foreclosure sale OF the
property might be enjolned. The stock
was over a point off at one time, but raj
lied as Burlington alone on the list was
traded IN to the extent of more than ~
900 shares. The strength Of the market
generally was due to the closing up or
contracts for the intervening holidays,
which virtually extend over to next
Wednesday. as Mondays TRANSACTIONS are
expected TO be Insignificant. pending the
result of the election and on account or
Mcrday being bank holiday in London.
The bidding for mercantile paper mas
banks continuing to offer funds in this
department of the local money market.
Total sales of stocks today were 1OO, 800
shares. including Burlington q ,42O; Bay
State Gas 10000. Sugar 500.
The Union Pacific has been the over
shadowjng influence in this weeks stock
market which was otherwise exceedingly
narrow and entirely professional. This
stock fell Az Monday on the government $
announced intention to postpone the fore
closure sale, it being feared that the
whole plan of reorganization was threat
cned. This, coupled with the announce
ment Of the government that 1t would ac-
cept the bid on the main line rallied the
stock. The stocks net loss on the week
was Az points, the price being about what
dt was before the recent S. second assess
ment was paid. Kansas Pacific consols
points and the Union Pacific skies of 1898
21s per cent
Thu activity and weakness of Union Pa
chic and the susceptibility of Sugar to
attack affected the whole market early in
the week, but some recover:es were made
yesterday and today, mostly on covering
contracts In. anticipation of the elections
Inc rise OF cash wheat AGAIN had
strerg themng influence.
The extraordinary showing In earnings
IN september OF grain-carrying roads was
and the end of yellow fever in the South
Pacific Mail has been affected by bad
showing of September earnings and has
lost ~. Consolidated Gas has fallen u
points since last Saturday. Sugar is over
points lower.
Inc railroad list generally shows small
ne pet declines and Burlington and Northern
racine preferred show fractional gains.
In the bond market the active issues ara
lower; total sales $S0O0,0 900.
Inc range OF prices ON the active stocks
sooay, together with the close yesterday,