The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-02-28
MONEY AND INVESTMENTS,
Doings Of q Day with Wall Street
Operators
A VERY DECIDED UPWARD MOVEMENT
Price, Were Higher and Trading
Active-Railroads Came In Tor
Good share of Speculation.

|
and today have shown results iiKe cneih-
zeal action and reaction. The strong up
ward movement which characterized the
later dealings here was reflected IN the
London price OF American securities 'ouaS
and the London market again gave the tone
| to the opening dealings here. Yesterday
strength was continued In today's market
and the bears found themselves unable to
cope with the situation. There was Indeed
a notable absence Of effort TO stem the
| course OF prices. and the shorts were con
| tent to get In under cover In face OF the
! bulish temper OF the market With the
exception OF slight reaction shortly be-
fore the close due to profit taking over
| Sunday the market held firm with
marked upward tendency throughout the
! day.
Apparently the determination OF the
senate at Washington 10 continue to talk
on Cuba has no further ierrors for wall
street in the absence OF any specific pro-
posal OF an aggressive character before
that body. The rise OF prices was accom-
panied by notable activity in trading.
The volume OF the dealings was over three
times us great as nas 'NI ,os ,,ieosnIa
hollday ias' SATURDAY, va ,i a.,
also that the ledlhs inuus''' a's sum SUN 81, -
relative Importance In the dealus5' LOT
that they consumed considerably less than
a third OF the total dealings as against
recent average OF nearly oue-halt. In to-
days market the railway list attracted an
inCreaseu proporllo" ~, ~ "''u'a.''., .sFN
Vi"'iy the eraHeVls' ny We" 49,.
iarse amount % uuIins vi -
SION houses on outi,ee o'Ir nterost IN hs
uestee OF speeutaHlc iut'', w. a. WV
market whieh mas poen "''Nou'' apSeN'
lor ions t,lne, ,,,. .,, ,.,
ne ehcouIaelns ti"'IN ie.uiNs ito,n
railroads. Tor the lhlfd Weeh mus W ~
iteG win part OF tue s1'eus'n iu '.ne
T"I""y shares hne ny ,,t''o',oH 80 wy
general list tndouhieuiE also tu1aS
inoNShtut was IN PAR uue 10 "' I"V w." ,i''
10 discount the improvements In N3luSs
which has Tor some tlme De, sohilueh,Y
counted ON III connection WIN tue inlusu-
ration OF the ne" presueM.' II nas zen
oNIurnt also thlt pa'I Oh tn' siusslsn,
ness when mas le',sF'. uu9 I.ovIl '"a.@I'
mas peeh guy 70 We N'''"S po
10y pi 'he ne" "u''''4''' ''u" 10 ''s0'os'
i'Sc'l' ..,
's,Vl""S "i" 'pl'' u'a Ne M "'o
snat tneIe are SOM puy'ls "u3 ht.r GOV
,"c'"e that thpy 1al lpIeHcr tne eHect o,
'ho new aulH,n'sir"'iol on business all
l''tViS' lo'i9 is lu' 'HsN 'i"t iuI many
weeks that an upward movement Of prices
has survived anything more than short
"V'u opNerlhs OF SuoI'S'
l-',Ne onoie "'tI-''eu attention IN todaYs
market again WIN iuIpp of l II points to
lbli9 1t reacted 70 l6l but at the close
mere was pa for 'h' stock l62 Is. while
loo was ASKED I'HWprs OF plans for the
rpuHHlhg OF large amount OF bonds to
mature Snortly ara resulting decrease IN
.u',ros' un"Ises' from "hich II Is 'Speeua
10 oeneil' were me causes OF the advance.
'ni'aSo ana Anon also rose IL ana
oln,i h'sh priced shares atHencd consld-
$50 va "t..Hs,S q. "Ip i.'H or SECURE
NV 's .r sugar, 81 iaul ana vmaha
u"t i'nncss'e va, an" i'"i, 'hl"Sr" tHe
49,, ,,' 'r"' N1inS III thc "''',u l'Sl 1l' '"uel
,.s ,' 'm "' '" , NJ ~ p3i"t ,'." O''r
',''c'u"S Vioa'' Nv I'''N o' c'oSpu a'-
h,s, S'''"s WA '''''' at ""o"' Tue
rho ,o,,,..,,a =, .,,.,.. ,,.,... ...-. %,
4o5 ,,,,ros t,,7,,,It,,. So ,o'' Nr'' 80
ltuo,nn ~ Son =, pan, cS6o '''''' n"'
T.day's r,o',,c ,r,,os ,,'.,,. ala.
n, no wool, ond or, hi,b.r ,, a,S' ,up nest