The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-08-07
AN APPARENT REVIVAL.
Volume of Business on Stock Ex-
change Increased Largely.
HIGHER PRICES WERE ALSO THE RULE
Market in Detail Showed Steady Inn
provement from the Outset, the Set
backs Being Overcome.

New York. August 6General conditions
Independent OF tho strike situation, recev-
cd more consideration today than for some
time and were reflected In higher prices for
securities. The absence during the greater
part of the day of any sensatlonal strike
news combined with the support which
the United States steel stocks received af'
ter their opening weakness also aided the
Improvement. These conditions underwcnS
a radical change In the final dealings when
a report was current that orders for gen
eral strike Of the steel workers would be
issued tonight. The professional operators
promptly put out large short lines and
brought about declines of from I 10 about
. points IN the most prominent stocks.
The market In detail showed a pretty
steady Improvement from the outset, the
occasional set backs which were forced
by realaations being nearly overcome by q
good demand for both accounts and evil
deucc of Inside support. Londons attitude
was regarded with some interest but ar
hitrage operations proved small and was
without influence.
News from the crop regions was more
encouraging and was supplemented by tue
weekly government crop report which in,
diceted Improved conditions at Important
points. The outlook for large crop of
slnng and winter wheat In adlit.ou 10
some exceptional railroad earnings. also
helped 10 sustain prices OF the latter
Southern railway and Missouri Pacific srs.
TENS showed Increase OF $liS, 021 aud S2TT,.
o0o, respectively, for the fourth wee kin
July.
The gain for the month ot July in gross
earnings by the Great Northern Of $tl5,-
no Indicated the volume of wheat which
Is now being moved to the Scabnard to
meet the heavy export aud the lower prices
OF the cereals today prompted better de-
mahd from the wheat carrying roads. 81.
| Paul led this division with n gain at one
Time Of ~ touching 1875. ON the other
hgnd, Atchison spnrted up almost as much
When corn displayed continued heaviness.
support was noticeable for stocks which
We're especially weak yesterday, these In.
GLIDING the Eastern trunk lines, South
westerns, fractions and paclhcs where I'm
plovemcnts had been made of from | TO
Sia points.
Sugar felt IN early resumption of YES.
terdaS'S weakness but after losing a point
sold UP I; An the gains were considerably
reduced during the late selling movement
9 AM net gains were limited to fractions.
| HAqlng In the steel stocks was compare.
| lively Hight and there were not many large
Individual blocks. But COCO shares were
dealt Ia az the opening at gain of 4 per
cent, The stock soon yielded X below yes,
/ teidhy close, bur later on got Y above
/ aud ended unchanged for the day Press.
g from w3 iS noted s, Against the preferred right
! got : above yesterdays dual figures and
ended with loss OF X,
Money rates ruled easy today and the
| chlcl feature or this department was the
| debit Of $l,H02, los by the snhtreasurv al
| the clearing house this morning on account
q, drafts drawn against gold deposited al
| i9elhc, coast polnts en- route from the
! hlohutke' Foreign exchange rates were
miner today. There was some talk of the
! ukeuhood OF gold exports to Germany later
| IN me week. which, IL made, would he A
| current conditions wa
Ihe closing OF tho stock market was
weak with business in Increased volume
knllroad bonds were quiet today and the
prlee movement was Irregular Total sales.
par value, Sl,O75,OO0,
Stocks,