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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Dec 01, 1901
Page
10
The New York cotton market fell 3 to 7 points while Liverpool and New Orleans quotes moved little or mixed. Reports suggest continued speculative caution and anticipated government crop data may steer prices after the department’s Tuesday release.
New York reports sharp copper price drop and widespread stock losses led by Brooklyn Rapid Transit as the entire market sagged. Analysts note weakened export prospects and foreign exchange pressures shaping demand and prices across major sectors.
Reading shows a fragmented 19th or early 20th century cotton market note with scattered names and places like New York and futures, mentioning cottons steady and prices, but OCR is garbled and details are incomplete. No clear event, date, or firm is discernible.
The market showed moderate activity with Anglo American and Grace Large Traders improving. November brought rising optimism among brokers as trading volume and total sales near 17 899 shares. Grace led as seller and prices generally rose, while National Old and Pipe traded below recent levels and several issues hit new quotes.
The market shows broad declines across pits with December wheat slipping despite some support for futures. Prices weakened as traders weighed supply signals and expectations for cash demand, while meat and pork futures moved with varied sentiment and speculative interest appeared limited.
California navel oranges in all sizes now in stock. Extra Fancy 360 count melons and Lemons advertised with low prices.
A fragmentary market note indicates a large wool sale with about 5 000 bales withdrawn next week. Prices were generally steady with Cape of Good Hope wool and fine greany grades cited as strong, while various regional sales and ship notices from New South Wales Victoria and South Australia appear obliquely.
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