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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Aug 06, 1901
Page
9
A field report notes only slight movement in cotton prices as rains persist in North Texas and Arkansas. The August weather mix keeps traders cautious with a muted demand picture and expectations of tentative gains depending on next week’s conditions.
The New Orleans spot option market showed quiet trading before the bureau report release. Prices surged as traders anticipated the report and then moved sharply in response, with notable gains across bale types and fiber classes. News from New York indicated a broader market shift, while prices for prints, whites, and storage eggs remained relatively steady.
The Aug 6 market report notes bullish tone in grains with September wheat generally higher and corn futures up despite earlier selling. Provisions were dull with limited interest from early buyers, while Seaboard activity and world shipments influenced trader sentiment and price moves.
Fragmentary stock and commodity notes from Houston and Portland show round lots, blasting powder, bacon, staples, and prep shot items with prices such as 34.00 and 51.8 per ton, plus several unclear references to vendors, quantities, and delivery terms. The text hints at regional trade activity but lacks coherent details or complete item descriptions.
Prices listed include morphine at 2.60 per ounce, coffee at 525 per ounce, borax at 44 per barrel, alum at unknown rate, and packing figures. Grain notes show Carbid lots with per bushel figures and wheat shorts at 1.00 per 100 pounds while corn and oats are priced per bushel with mixed chaff values.
The market shows a broad liquidation mood with widespread declines in steel and general shares. U S Steel and other industrials lead lower as investors await settlement of the strike, while total sales reach about 8.2 million dollars with widespread intraday volatility.
Fragmentary OCR mentions New York exchange, August, clearings around 100, balances shown as 4 010 001. Insufficient readable names or events to confirm full context or individuals.
Heavy cattle receipts pressed markets at many points with Kansas City showing strength as prices rose there. National Stock Yards and Chicago reports note slow market activity, varied demand, and mixed prices for Texan and western cattle, with overall softer tendencies across regions.
The item reports varied cattle figures including thousands of nations or regions, twenty Texans, and five hundred calves. Prices show shifts with higher bids for beef cattle and notes on Western range steer figures. A mix of numbers suggests a broader market summary with bulk movement and price signals.
Fragmented OCR reports cattle and other shipments from Victoria Beeville Cilp and Fort Worth to New Orleans St Louis and Chicago. July and August dates show multiple carloads and routes on Western Texas and Pacific railways with price undercurrents and underlined market activity in New York and Philadelphia.
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