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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Feb 18, 1902
Page
10
The Liverpool market shows firm tones but bears dominate with extensive realizing moving. New York opens near unchanged to 4 points lower, New Orleans 1 to 3 points down, and Liverpool prices rise for some contracts while overall activity remains heavy and unsettled.
A Day in the Rice Markets notes contracts exist for only a few lots arriving later, mills ordered in limited quantities, and ample stored supply to last through summer. Reports point to sustained demand and orders covering several weeks, with prices and activity described amid a cautious market outlook.
Prices mostly fell or steadied as heavy snows kept traders away. Copper and sugar rose amid supply worries and speculator activity, while United States Steel and amalgamated copper showed notable moves. Bank clearings and bond activity were reported with mixed results as the market absorbed late foreign and domestic developments.
The article reports plans to open a rice kitchen in Washington at the corner of New York Avenue and Fourteenth Street, with the kitchen to begin operations by March. It mentions officials from the National Merchant Association and other committees and notes market details from New Orleans rice and sugar reports.
Traders faced mixed cues as May wheat slid while May corn rose and oats fluctuated. Bulls supported some gains early on, but overall sentiment faded with reports of weak U S. and world wheat crop indicators and cooler weekly demand. Cash quotes show varying grain prices and hog and cattle receipts edged higher in a tense market.
Grain and provisions prices and shipments noted across multiple markets. Flour, corn meal, bran and rice show steady demand with several lots quoted at tight margins. Wheat futures edge higher amid mixed regional reports and port shipments.
Receipts show cattle active with Texas and natives mixed. Hogs steady with diverse weights. sheep and lambs mostly lower or mixed as markets respond to regional demand. Special reports from St Louis and New Orleans note firm prices on some fat cattle and scarce stock in wholesale channels.
Fragmentary entry notes Malcolm H. Seavey of Norfolk and mentions items August February 17 with no butter and eggs listed.
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