The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-10-01
A DULL DAY IN STOCKS.
Predominance Of Professional Opera.
tlOns Indicated by Prices.
CLOSE WAS FIRM ON A GENERAL RALLY
Declines Reached More Than Two
Points on Several Leading Stocks
During the Days Trading.

New York, September 30.-The small vol
unic Of trading today and the tendency of
prices 10 rctrace the carly downward move.
ment revealed the predomnancc Of pro-
fcsslonal operations In the marlct. The
dealings were less than half million
shares and the late hardening movement
relieved approximately onchan Of the carly
decline.
There was no very urgent selling mani
Tested az any period Of the day. although
the bears succeeded in ncoyering stop
loss orders In Sugar aud to n smaller eX-
tent In Brooklyn Transit and Missouri Pa
cihc. The first named stock fell an cx.
trcme S% aud the other two points
Declines reached points or over In q
numher VI other leading stocks, notably
among the pacincs. Southwcsterns and
Vaudcrhilts. Declines II to AK among
the Junior members VI the last named
group gave, emphasis to the feeling OF
s6eptlcisn that has grown up regarding the
much exploited ruluors of q plan for merg-
ing all the members OF the group
Amalgamatod Copper continued under
some pressure, but the declines were re
sisted. The firm tone OF the spot copper
market IN London helped the stock AMI It
closed With a net loss OF rs
Assertions were made o., dcmonstra-
stocks were to be advanced this week on
the ground of a declaration to he made
tomorrow Of the regular quarterly diyi.
dcnds on both the common and preferred
stocks and ON the presentation OF de-
tailed statement of the finances OF the
company at toluorrow'S meeting but these
ntmatons did not cause a rush 70 buy
the stocks, spectators pcrslStng IN us
trict Of industrial stocks after the recent
experience In Amaigamatcd Copper
Statements that working agreements had
been made for the continuance Of West
ern Union wires along some railroads IN
which the PENNSYLVANIA has an interest
were offered as disproying apprehension of
hostilities between the Pennsylvania ana
the Gould interests. The admission Of an
additional Standard OH representative In
the ST. Paul directory led to prophecies Of
n similar representation IN the Union Ia
chc directory and the alleged completion
Of negotiations between the Atchisou and
Hartman interests for the use of the Ia
cihc Mail steamships, hut Atchison was
used 10 point 10 the same Inference. name
Is, the safety Of the community ot inter
est Except for a rise iu Pacidc Mail ne
effect was produced by these reports the
apprehension lowering over the market
that the community Of Interest IS IN real
it's In concert with the financial powers
but only balance Of those powers.
The interior currency requirement KEPT
uucasiuVss alive regarding the money mar
sterling exchange weakened today and
New York exchange hardened nj thicAgo
The suhtrcasury paid ont Today on ncuonnd
Of gold deposited at Pacific coast point'
S1.944TIl and for government bond re-
dcmptIon 81 $4,000 Tho Incoming French
steamer also brought SLU00,ooo In gold
which was engaged in Paris over weel
ago.
The fact that railroad earnings for The
third week Of September increased Owe
the corresponding week of last year on!
| for the second week Of II. Y per cent
was cited as evidence Tint the corn crol
| shortage was beginning to make an I'm
nresslon. ana Inst weeks small grain re
| GENTS at Chicago formed an addltiona
Argument for the bears.
! The market closed firm AZ the rally
! caused by covering of shorts.
RalIroad bonds Mere dull and irregular
Total sales, par value, Sl,6s00O.
Stocks.
Following are Inc sales of stocks an
/ closing prices for the New York stock al
] Ept