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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Dec 14, 1901
Page
10
The report notes narrow fluctuations with profit taking and late recovery in New York and New Orleans. Market activity shows scattered gains and losses, with December through April contracts advancing modestly while the overall trend remains cautious amid ample weekly supply data and distant price targets.
The report records New York dry goods market activity on December 19 with home demand for brown cotton fair and price levels stable. It notes limited trade movement in colored cottons and print cloths amid subdued demand and minor shifts in fabric warrants and prints.
New York report outlines coffee price movements and monthly values from January to November. It lists bag counts and price points including January 7.70 and June 7.10 while noting overall market activity and firm tone at December Manchester Cloth Market in England.
In New York trading, stocks showed a recovery with inside buying supporting several issues. The market benefitted from assurances calming fears of government intervention, with bank liquidity improving and stronger demand seen in some sectors as investors moved to cover earlier losses.
A tentative revival in grain buying boosts bullish activity as holders retain stocks. May wheat and corn edge higher amid snow and cold that limit deliveries. beans and other grains show mixed gains. Receipts influence prices while professionals push May contracts higher before profit taking.
The report records bids and prices for wheat and corn across December dates, with futures and spot figures for No. 2 red, No. 2 hard, and various oats and barley across New York and Kansas City markets. It includes tonnage shipments, receipts, and price quotes like wheat 2.000 and corn 87,000 noted alongside pork and lard pricing in New Orleans reports.
A lively session at the Oil and Stock Exchange with Gober and Gentty making notable gains. About 27,101 shares changed hands as merchants and mechanics and Manhattan remained active amid a revived demand, with prices rising on several issues and heavy trading across multiple issues.
A fragmented listing notes individuals and firms connected to the New Orleans beer and cotton trade. Mentions include EDGAR BRL H B BEER and COTTON MERCHAN with references to New York and New Orleans markets and steady bottle and beet product notes.
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