The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-21
SPECTATORS WITHDREW
FROM THE STOCK MARKET
Professional Bulls Sought to Stimulate
Movement for the Advanoe-stuation
in Northwest Unsatisfactory.

New York November 2o-The principal
characteristic Of today's stock market was
the decreasing inherent shown even by the
professional operators who have had the
market practically 10 themselves for some
sirae past The fact that no further gold
wouid 80 ont tomorrow beyond the $4,000
engaged Yesterday afforded some reiief
from the feeling II depression, there hay
Ing been apprehension that the French
steamer sailing tomorrow would carry
away several million dollars.
The professional bulls sought To stiuu.
tate this into q renewed movement for the
advance and in this intent there was large
buying and active manipulation OF a lin
tied number Of stocks at the hands Of
speculative pools.
The growing evidence u a common pur
pose among the executives of Northwestern
States TO combat the purposes Of the North.
era Securities company and to seek the aid
of additional legislation for that purpose
mas had au unsettllng influence upon sen
timent. Much remains TO be cleared M
regarding tho actual organization and op.
Grafton of the settlement which was the
object OF that compsny's formation. The
public Is still absolutely uniformed as TO
what securities or consideration have
passed by which the Union Pacific was al.
lowed 10 share the control Of Burlington.
II the balance OF power In the Northwest
Is to be maintained only by actual hold
iDgs IN the Northern Securities company II
Is not clear how either OF the parties can
AFFORD TO bring to market the bare minority
of the holdings by which IL was calculated
there would be a release Of part OF the
immense capital which was locked up in
the struggle for control. The transcontl-
mental stocks generally continued TO show
depression In spite OF the efforts to GET
prices higher at other points. The local
fractions continued in large demand, but
Were Irregular on occasional realizing and
there WIS siren 9Th In the coalers, New
Jersey Central particularly raising Oh on
rumnrs OF a coming Increase N dividends.
The Yanderbilts developed marked
strength at advances Of Ia 10 3 points
following the sale OF 800 shares Of Michi-
forced down an extreme 81 10 9Sl3 in the
late dealings on the news of the heavy
ADVERTISEMENT Tor taxation liked by the
Illinois State board of equalization.
The American Locomotive stocks suffered
from realizing. Chicago, lndlanap polls and
were strong on reports OF good earnings
The money market was distinctly easier
today and the rate for call loans did not
rise at a.. to 8 per cent, which has been
t'ie recent maximum, and fell away deeid-
fuy IN the late dealings. Foreign eN-
cHnnee, continued drm, and the opinion Is
4tlii heid that gold win 80 out on Saturday
a. fanauu direct, especially MS remlttances
ate f Tor American subscriptions 70 the
laAt lAstlllment On the British consul issue,
whieh is payable IN London on December
Business in railroad bonds was not large
and the price movement was Irregular
Sales par value S2295.Olo United States
old As advanced V per cent on the last
call