The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-23
PAST WEEK IN STOCKS.
The level Of Prices Hes Not Undergone
Much Change.
DEALINGS PROFESSIONAL IN CHARACTER
Trade Report. showed No GREAT
Frosperity ana Bank ciearinEs
Fen or--Ths Bank Statement.

New York. April 22.--Ths market today was
almost wholly professional and net changes
we're trivial, although in the way OF Improve
nsnt. The spssiaitles monopoliEed attention.
except for activity in some Of the interns-
tlcna,s.
In the early trading an expected favorable
bank statement Was discounted, and on its
appearance general realizing followed ths APP
peaianc OF supply Of stock from large hold-
err giving enooui agement to the bears to put
cut short lines and the market closed with a
raid In progress.
Tho bank statement showed large de-
crease in loans and deposits and consequent
heavy gain in surplus reserve.
London sold freely Of Louisville, Southern
preferred and Denver and Rio Grande, but
these stocks were very we'll taken and closed
at good advances. Sugar was strong through
cut and gained ~. Brooklyn Transit moved
1 irregularly slightly above yesterday figures.
among other speeialtles, Continental Tobacco
was pressed for sale early on the increased
capitalization, but rallied on supporting or
ders and closed with a gain OF points Ten
| point. New Jersey Central was helpsd by the
announcement that certain high rate bonds
would be refunded by the issuance Of stock,
% be subscribed for by present stockholders
The market closed weak,
The level OF prices during the week was not
much changed, declines only slightly exceed
int the advances in number The dealings
we're OF a highly professional character, ms
public being rather lndisposed to let go tbcii
resent holdings or take on new lines apt
pieces Of individual stocks ss rule rose ant
fell at the will of the manipulators
The trade reports for the week showed NJ
marked indications of prosperity IN the vari
Gus industrial lines,
Sterling exchange was strong, with an in
~ tf,sft
that preparations for the payment OF To
Spanish indemnity figured In the exchane
market.
Money on call showed variable tendency
lairnately strong and firm. with an cas-
feeling prevailing. Loanpble funds we're in
erraeed by the receipt Of money from Balti
more and Philadelphia. The bank clearing
for the United States, rejecting the compare
tive. apathy in speculation, decreased fol- u
week over 600. but were still great
i IN excess Of those Of last year.
! The grain markets strength, supposed
rejecting an expectation of shrinkage in Ia
cereal yield, was watched narrowly for \
eflect on the grangers. THE group OF stock
moved within compressed limits, while Bun
scription privilege extended to stakeholder
Tho professional element showed frequel
disposition to be bearish, while real holder
4 OF stock generally chung teuaclously to the
> faS critics. but the liquidation OF speeulatiN
: holders was not lacking.
The dulluess of the week seemed conduoiN
4 to an increase in the short interest, whlt
: acted as a support to values on concession
Frequently. after a long period OF inacuvit
business suddenly increased as though II "a
q beer prearranged. The more notable Gnang
: In prices for the week we're the following d.
Z ciines. Brooklyn Rapid Transit {. Manhatta
= 81 The advances include; Colorado tu
l07s Colorado Fuel preferred g.
There was talk at one time OF recurreu
OF discrimination in loans against the indu
trials. but less was heard of this with q
y easing OF money. There were sales Tor Yves
: orr, account or several occasions, which we
4. taken to be connected with information {
II crop prospects. Railway earnings that a
pesred during the week were generally faYo
able. , :.
Considerable favorable comment "
:, al oused BY the keen Investment inquiry, l
- BINDS, which included middle class as Wen
10 Urine grades The market displayed pr
ueIneed strength throughout, moving IND
: pcndently of the stock market