The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-04-27
IN THE STOCK MARKET.
Bulls Were Not Aggressive and Bears
Were Inclined 10 Cover.
RAILROAD BONDS CONTINUED STRONG
Preparations for Removal OF the Board
Room Apparatus and the Holiday To-
day lcssened Amount OF Trading.

Tcdays stock market was decidedly
more quiet and orderly than on any day
during the week. There were a few stocks
which showed positive strength, practically
without Interruption all day and there
were no points 81 acute weakness nor amy
period of general disposition to sell OK
cert for the opening dip In Amalgamatcd
Copper and American Smelling due to the
legal measures taken to Illustrate the alb
Sorpton Ut other properties contemplated
by those companies. owing TO tomorrow's
holiday on account of the removal Of the
board apparatus from the present. building
TO the temporary quarters In the produce
eNchahge, there was n disposition To eur
tailment OF speculative ventures and TO
close up accounts. From the firm ten
dchcy OF the market Ii looked as though
tue bears were the ones who were mostly
lLclined TO cover contracts. The bulls Were
not aggressive, but their tactics seemed
designed rather TO protect the market and
hold prices firm.
There was some confusion about the
board room owing TO the prepare lions for
the moving and this in Itself had the cf-
feet OF lcsSening the trading. The priuci.
rM strength In the market persisted IN
about the same quarters rs for some time
past, namely IN tAc grangers and Ia
cihcs Northern racinc was most largely
dealt In aud rose an extreme ga, but Bur
koCK Island rose "a and Northwestern IA
Pennsylvania, selling ex.rghts, aud Ralu-
more and ohio continued strong, Union
Incinc was not as active as ON previous
days Of the week and there was large
realizing going on In 1t all day hut the
stock was held above last night during
The greater part of the day, although II
closed shade on Among the spccaltes
Sugar Il, Tobacco 2M Colorado Fuel 3la,
General Electric 5A New York Air Brake
ties from | to . points The Colorado and
southern stocks were notably strong at
advances of ~ 10 ~
The coincidence that tomorrow bank state.
ment Will mako a strong showing had
much to do with sustaining the market.
The receipts OF cash from the Interior rave
Offset TO large extent the absorption by
the Suhtreasury including the payments
for the gold exported, 50 that It Is expected
,h9t the banks VII not lose more than
half million dollars work on all ac-
counts, Notwithstanding the money mar
ket VIII have the benefit Of the payment
of MAY 9ys5sP%sn the interests fsr Oo Which is
foreign exchange hOuses allowed today TO
pass without the expected engagement Of
further gold for export was an influence
The railroad bond market continued
strong with the Union Pacific bonds shll
very prominent. Total sales, par value,
Sales on the New York stock exchange
for the FIVE days this week during which
the exchange WAS open for business. aggre.
weeks sales of lo,Oi6. 400 shares. which
broke all previous records form full week :
business. on Monday Of this, week, ~
stock reached an aggregate Of 2,3s2,3 V0
shares exceeding by several hundred thons'
aud shares the previous record for one
6avs this week tho sales have exceeded
100000 shares ON Wednesday the sales
ct Union Pacific alone were 662, 500 shares.
far exceeding DAYS sales Of single
stock In the history of the stock exchange.
on Tuesday there were passed through
the New York clearing house. checks repre-.
more than S1Oo,O0om0 greater than amy
previous days clcnrings.