The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-24
oil STOCK TRADE IMPROVED.
81, $50 SHARES CHANGED HANDS.
BETTER CONFIDENCE EXPECTED.
Anelo-Amerioan and Beatty Active Al
Former Priees---Maid OF Orleans and
Victor Heavy Sellers.

Business OF the OIL and Stock Exchange
yesterday was distinctly better than here
tofore during the week, There Is still room
for Improvement, however. which the hrok.
ors look for when the confidence Ia securl
ties becomes more nrmly rooted ana when
the oil companies begin to reap the bcne-
its from the higher price and larger de-
mand that has lately developed Tor the
liquid fuel.
Anglo. American traded as formerly and
could not be obtained for less than &c.
There was only a moderate number OF
buyers at that price and after the orders
were oiled bids dropped back 70 ls.c Beat
w sold more freely on the basis Of its
latest decline The takers at lssdi9,c were
noticeably larger. but the sllers came Tn
even heavier numbers aud there was no
chance of an upheaval. The offerings at
the wind-up were still around the selling
price. while buyers ranged about llc lower.
Drillers was shade weaker and the de-
mand at the previous calls bid price was
easily filled The latter stood lower In the
anal moments OF the session. German
| American held its latest improved price
and holders wanted so more on most
blocks that were offered independence
made n better record aud the sales averaged
| itc higher. The demand was readily met
| aud closing quotations showed no changes.
Manhattan made an additional break a
trade was recorded under ioc--the lowest
mark Of the year--nnd more OF the stock
could have been obtained at the price
named. Takers afterward went down &c
and desired only small lots Maid OF Or
leans was the biggest seller for some DAYS
and held Its late values with perfect ease
Takers appeared to the extent OF lo.Ool
shares and while more could have been Oh
famed for the same price bids a little less
were stoutly refused. Victor developed the
largest activity Of the session and on the
bulk OF the transactions held the former
DAVIS valuation Fourteen thousand share
changed hands at 2Tsc aud one small bloch
was obtained at 2%c The latter price
was refused for several large quantities
however. and IN the wiud.up holders nske,
&c Geyser of Galveston was again pur
chased at the decline 10 20c With late
bids only tribe less and holders severd
cents above. Buffalo followed down
ward course Holders -nrst responded L
offers isc lower. after which sellers ap
! reared az lSMAC less. Very Eool lihulnl
occurred around these figures Bus tuel
, took place at Sc and while tue demaud u
that ngure was not entirely hlled ther
, were several transactions anl mucA Gou'
: he obtained only slightly higher. Grac
) was more active than for several weeks an
While the price was not favorable compare
to the best it has brought, buyers Weht
STOCK Lone Star oil and Fuel was an az
t ouisi,ion TO the active list OF securities
Holders met BUYERS at &c advance over lo'
j. intr bids and more than 200 shares clanse
3 hands Merchants aud Mechanics maze
t decline Of nc and deyeloped ucrensed a'
. tivify on the drop. There were more wv
e ers AT L. on the close. but the ash pIl'
Q ranged lSc upward. d, 4.
i The total sales amounted to ol'aa
r shares.
II The prices bid ana asked NJ the close ye
tcfday and the sales made were ar 10
- lows.
e 1,NIIsrEn STOCKS.