The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-02
IN THE STOCK MARKET.
Stocks Apaihetlc, but Nevertheless the
Trend Of Prices Was Upward. 3
PENNSYLVANIA DIVIDEND WAS SCALED
strike situation Had No Very Apprr.
ciabie Eftect--Gold GoinG to Bu-
rope-None, II Easier.

New York May LIS Num- Son 3 co
soy Of stocks:
Stocks we're dull and Irregular. but no
MARRIED changes rs rule. Transactions
oG,g 3fQpNc shares and 100000 Of bonds
For al that stock exchange scat has Just
sold for $4,000. against $4,000, the last pre-
y'ous pricc. Long island advanced iolz per
cent on Good prospects Chicago sold the
stec. stocks.
Boston sold sugar. It is denied that
sett uncut 81 tho sugar war has been
reached Missouri Pacific was bought BY the
bull rool and the stock loaned at l-2Ss Tor
uet. There was holiday IN London.
Three ttontan6 strikers are cut at bunalos
sugar advanced parily ewing 10 hef-
Ter demand tor rchnod )rodnct Trachous
showed stronger tendency The assC1s-
monts have heon CONSIDERABLY r duced BIZ
-Four was firm, IN spite u tie strike %
Ncw York Central. Half million gold
VIM go out en- Thursday. PENNSYLVANIA fe.
clared only the regular 9ii ter cent instsad
Of ucr cent as many Philadelphia houses
expected. and this caused selling.
Renewed talk q SOM 9rIanGsment "
central. rrowiug out Of The hearing today
before Governor Roosevelt on the bill TO
authorize nov bridge actoss the East
river to connect New YORK Central and
Long Islard tracks.
La'iroad bonds vcro hrmer
On cluGs buy railroad stocks and soil
'hig on iuouetAtc idlNts
New York Nav i.-Rusinoss was so aps-
thetic and 80 narrow today in ths stock
exchange that little can Re deducted 20
throw light on the business Of financial sit
uation, Pricea ars as d rule slightly higher
but about tile OILY explanation to be off rcd
is that room traders in stocks proved I'M
abis 10 get them down. in spite OF one or
two iiciuents rather unfavorabe to values,
and turned perforct, to thu long Side In
order 10 get the REQUISITE movement in prices
e. oifSr any field for trading at all Even
Sugar although still absorbing largo pro-
portion OF attention. became comparatively
qiiesrent and limited It's range to little
oyer points The stock moved both and
atrva LAST nights fgures
Tho i1ilure OF tho Pennsylvania directors
to advance the semi annual dividend rather
showed an effort to awaken The market
from its al sthy. The most active ass rtions
have hecn in the board room for many
DAYS that Pcnnsylvania's dividend rate was
to be udvarced and there have been h ayy
operations or the bull side based on these
asst ruons. To the slight weakness manifested
H. the stock was due the announcement TINT
til tegIlar dividend would he scaled The
preS4msble disappointment over the Pennsyl
wants. dividend following tho failure nj ves-
to-day rumorS regarding the Missouri Pa.
ei' dividend 10 be realized had only tho
slightest cftect on the stocks When tho
small bcars had rather ttmidly offered down
I
wlt2ou' bringing out any appreciablc sales
the wi ole market took on frmer tone
M'9scuri Pacific rose nearly ponts BUT
whether the market moved up or down the
snhll ~ fessional traders failed equally to
atfr7,r any following. The closing WAS dun
and heavy and net changes wire mixed
The local traction stocks led hv Meuopoli-
Tan. showed rather acute depression on az
count Of tho judicial confirmation NJ ths
corsttutonaitv OF the franchise taA Law.
Tile Republic Iron and steel stocks were
forced down sharply o. talk OF ruDture
OF re.ptions with other combinations IN the
steel trade New York AR BRAKE dropped
- points NJ the opening but later rallied
II Long Island advanced to I1k, COMPARED
with e. on SATURDAY. on the strength ~
peu,liuG legislation to authorize an East
Biv,r connection between it's system and
! tn. outside railway world New York Cen
trail rallied from Yesterdays depression on
hores OF a settlement Of the threatened labor
troubles
A snail shipment Of gold was announced
to 80 law THURSDAY French steamer
Tho sterling exchange market was heavy
and reacted fraction. but IL is generally
expected that largo shpmeuts OF gold will
be made bv next Saturdavs steamer
The mon,v market continues TO work easier
and foreign banking houses are IN the mar
kc' seeking lprr loans on foreign exchange
collaitr1l and o0eriug 2ia13 per rent fol-
| siNv day7
The bond market was dull and the general
teaheucv was toward reaction Total sales.
par value, iLS0i.o0V