The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-08
IH4YS DIVERSIFIED.
CONSIDERABLE REALIZING.
Sonae Doubt Arose ss 10 the Correctness
a TIE Ruuors Concerning t7e ssbs-
faction Over the n. P, Settlement.

New York, November 7.-Today's stock
market was much broader and 70 are diverS.-
aed than THAR q yesterday, and the zrgre-
gate dealings rose wal above yesterday TO
near n-iihon and quarter shsres. There
WAS enormous realizing 10 the stocks which
led the advance yesterday. and especially
in Union Paci6c ard ST. Psul which ru5cd
below yesterdays c'oSieE level, practically
all day, falling n one time & for ST. Paul
snd TX for Union PacI6e.
The heayiness ~ Northern Paciac pre-
ferred. which fell is on comparatively light
transactions, takeL IL connection with the
reaction in the two stocks previously
named. IL would be supposed might Indicate
doubt rs 10 the NoTthera Pacihc settlement,
The nore 50 as no authcFized statement Of
fhe terms cf tbs settlement or even Of lis
SEXUAL ecuriesion can be hsd from any
sot rec. The conviction, however, remains
strong in speculative circles that The agree
roent Is. Ia fact. perfected. although moth
Ing OF the subject but aeqUiescent smiles or
vague intimstions can be had from insiders.
The carfoboratlen offered by the tape is
considered conservative, aud slso that the
uion Paclnc and -. Paul are 10 benefit
substantially by the agreement, just how
iH the case of the lstter stock is not even
infimatnd. The selling " tts-e stocks.
therefore, was accepted as due 20 mere
realizing OF speculative profits, While the
market continued 10 advance with vigor az
ether points.
The forcing 70 cover ~ the bear interest
ST. some Of the spccialiies recently under
pressure was an important influence in the
advance, conspicaously 50 ln AmaigamAted
the transcOntinental stocks. the Atchisons
alone continued the advance With any great
show of energy. The common rose az one
time "a and Southern Pacific got N, over
yesterday. but lost II all on the reaction.
Gains OF 81 10 New York Central was a
feature OF the market and lifted with IL a
number Of the junior Vandqrbilts Lately
current rum0rs ~ q pending concentration
OF the system aud Increased distribution Of
profits were revived IN connection with the
movement. The statement Of October earn
ings for New York Central. showing an in
crease Of IL per cent over those OF last De
fober, was also an Influence A number %
statements Of gross earnings for the fourth
week 10 October emphasized the impression
eahsed by yesterdays statements. The
eOsi-carTying roads, hotn in hard aud soft
coal territory, were In notable demand aud
showed gains 81 / 10 , points.
The United States Steel stocks developed
Strength, with gains OF point for the com
mon ana lM for Tie preferred. on glowing
aceouhss Of the activity In the trade. There
we're mshy rumors diving Of a determination
on tho part Of Insiders 10 advance these
Fineks hut the rise met with very heavy
sea'izins and the gains we've largely wiped
he movement 70 realize became very
general befo-e the close. and the advances
were curtailed Ia 81 points and entirely
Nipfd out In a fcw cases.
Ire payments OF the Eubtrcasury In re-
d npti0n Of hoais and fCr rhe deposit Of
Australian and Kioadise gold at Pacific
cast points are So FAR ofseiiing Tie drain
Oh other accounts that the money question
Is rhus kept Ia allegiance The very sub
kfanfiai Incorporation for the week disclosed
b. the Rank Of France also served 70 re
ifeve apprehension over money affairs. as
Paris has been ehe real center of attraction
working foH ard deDietson ~ gole supplies
at ofher points The small increase in the
bankH supply for the week has been sup-