The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-13
THE TRADING in OIL STOCKS.
SATISFACTORY DEMAND.
PRICES HOLD UP WELL
Merchants and Mechanics, Victor and
San Jaointo lnprcve--5esumont
Contederated Active.

Trading vas very satisfactory at the
on and Stock Exchange yesterday ard no
where we're there signs OF an abatius de-
mand. Prices vent M on some Of the
securities and on most ~ the others held
their own with perfect case. while A very
small portion OF the last registered a de
cline. The stocks that are making pro,
gress toward payment Of dividends are
the favorltes and those that have disap'
pointed holders liz this respect show
very marked degree of weakness,
Victor made anothcr upward move ~ nc
and even then very limited quantities
Of the stock were obtsinahIe. Final bids
stood at 2&c and holders entirely With
drew. san Jsclnto made further Improve
ment and brought as high as l3c on one
lot The stock could have been bought lac
cheaper towards the windup. but takers
could not he accommodated at a price
very slightly less There was more ac-
tivity in GuGey Petroleum than has been
the case for some time. The stock changed
hands at only a fair price considering its
standing in the market and fifteen shares
were transferred. Paragon again traded
at top value bringing Sc on Que block with
later offerings lsc higher. Beaumont Con
federated became more active at its recent
decline, after which buyers dropped l.c
and sellers raised as much preventing fun
ther trades. Gladys OF Beaumont was in
good favor aud easily traded at near the
best prices the stock has brought. Buyers
aud sellers stood the same as formerly In
the closing moments Of the call, Gcrman-
American was a tribe stronger. good
sized block brought l0C, after which g
Ngtsssl La
orleans increased In activity, but held an
unchanged valuation. Two cents WAS sttll
the trading price, and the offerings were
numerous Independence made a small de-
cline and sold very readily for Sc. Clos.
Ing offers were isc lower than these terms
and sellers were lie higher.
Merchants and Mechanics gained new
strength ON a basis Of ! cent There WAS
very active trading, amounting 20 25Wo
shares, at that price and more was want.
ed Sellers advanced sc. Beatty main
tanned Its recently developed strength and
lasc was given for the stock after which
II could not be had for less than lAtc.
Houston and Beaumont experienced a
slight Improvement making an Increase Of
Sc above Saturday, and later bids showing
a gain OF &c. Some small trading occurred
IN Anglo American at a loss Of lSc under
late prices, after which its former post.
ton was resumed Home oil took a jy
clsive jump and sold at price three times
greater than Saturdays offers Bids We're
Still at Ice on the close without bringing
responses from holders. National oil and
Pipe was nm easier seller. hut did NOT Ina.
prove In price After meeting the demand
at 2NvN9jc. holders were not nearly OK.
hauSted and much more conld have hern
mad at the former mentioned dgurc. Drill
erS made small slump and could easily
be had at prices that were refused on sat
urday Higgins was in good demand at a
value ranging around the former level and
bids for Mobile and BEAUMONT advance
lac
The total sales amounted TO 3d. SOB shares.
The prices bid and asked and the sales
made were as follows;
UNLISTED STOCKS