The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-04
THE TRADING IN OIL STOCKS
ON MODERATE BASIS.
COURSE OF PRICES MIXED
Merchants and Mechanics a Bio Seller
Empire State, Higgins and Bayou
City lmprove-Vietor Strong.

Trading was on a moderate basis at yes.
terdny's call of the OIL and Stock Ex.
change. The course OF prices was not dis.
tinctly to the bull or bear side OF the mar.
ket and It was very difficult to adjust the
prices sufficiently to bring about trading.
Holders evinced advancing tendencies and
buyers were not keen to meet that turn OF
affairs
Empire State was a more active seller at
the formerly ruling basis OF value and
buyers were not all accommodated at 4Hc.
An increase OF NC was asked In the later
session and bids under that price stood re.
fused, Grace was much more active
trader but did not alter In value, while
Gober sold at a practical gain OF Nc.
Geyser OF Galveston sold slightly better
than on tho preceding dag and holders
moved up l3c during the later part OF the
call. Higgins evinced a great deal mere
strength and after all offerings under S62 80
were exhausted that price was refused.
Sellers again offered at these figures on
the close while takers dropped zoe lower,
Independence sold fairly well Mt akc, but
buyers did not appear for oil that could be
had on that basis. Merchants sad Ne
chanics touched bottom valdn again and
much activity took place In the stock. Sales
were made at %G%e and 10000 shares
changed hanT
Missouri, Kansas and Texas touched the
highest mark yet reached, 9jSc being paid
toE 1000 shares, or practically a value hYe
times greater than that for waiel the
Maid Of Orleans was a shade weaker and
while e was given for one ,ot, bids after
ward fell on TO the extent OF &c. Victor
fully held the advance ma lie on tho day
before a tt n
but buyers willing to give 2Mc for much
more than could be had. Holders were
very firm and only offered limited aruru-
ties. Texas Big -Four male notable I'm
provement, gaining both In value AMI in
point of activity and sellers were urN std
bound in the later part OF the session. in.
tornhtonai was a ready seller 1T - and
little could be had on bat basis. The ASK
price generally was re higher ana AO'hcrs
showed no disposition to relax. Arglo-
American was somewhat weaker ard only
few takers took advantage OF offers at &c
There was Il recession OF &c In bids and
much was available at &c. Hratty held
easily around Its best prices and the de-
mand at llgc was not nearly died.
Bayou City went up several notches and
although traders got very ciose together at
times the difference was 100 great 10 bring
results, Bids were advanced $500 20 Sc 90.
and while offers were once RS low as $500
the range WAS generally several dollars
higher. National Oil and Pipe was strong
at It's late recession and all buyers ri 25ta
-'12C WIRE N.Y. utCouluoud-'u. liCtktOn VII
was offered $500 lower and while hids
were $1,000 higher there was sill a wide
gap between traders. Bids for Palestine
and Beaumont dropped down IL aud those
for GermanAmerlcan lowered lsc. Becky
Sharp did not change and lsc moro would
have been given for Drlllers.
The total sales amounted 10 63, T54 shores.
The prices bid and asked and the GALES
made were as follows:
UNLISTED STOCKS