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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Jan 23, 1902
Page
10
Cotton prices around the world weaken as Liverpool and New York trade close lower. The day shows declines in American and English markets with spot and futures easing. weekly totals and stocks shift amid reduced demand and speculative pressure.
Market report notes mixed activity in cotton futures with several middling and good middling bids showing declines. Prices in New Orleans futures trade and New York spots appear quiet as traders assess supply and demand, with American shipments contributing to overall nervousness about harvest timing.
Market notes show closing prices for futures of FP O B and other oils in Texas markets. Details reference interior pricing terms and per gallon rates and indicate adjustments for refinery inputs and weekly benchmarks.
Prime cotton weed cake deliveries to Galveston and New Orleans on January 6. Prime refined to barreles 42 and 41. Prime crude loose on crate rates. Cotton futures and related products listed with prices and delivery dates in New York and New Orleans. Molasses and syrup arriving via freights. various grades and weights noted.
New York traders pushed oil stock values upward amid a broadening railroad bond market that revived dormant mortgages. Heavy activity in key issues like Rock Island and Central of Georgia influenced overall turnover while the bullion and banking sectors reported higher cleartings and exchange quotes.
Independence leads the list in activity as a seller on the local exchange. The Empire State and Anglo-American stocks attract strong trading, with a heavy bid presence and several large blocks traded at high levels. Market breadth shows mixed gains with Empire State the standout, while others remain near prior closes.
A report from Chicago notes 14 000 cattle arrivals with 500 Texas animals. A major Hereford purchase by A Stannard of Emporia is described, including a full herd from George & Tamblyn. Cattle to be delivered by February 14, with breeding cows retained or sold privately.
A truncated summary reports cattle and calf sales at Stock Yards Kansas City with buyers including W G Norris Detroit and Jones Witherspoon Belcher. Prices list various weights and calves in a terse record reflecting early January trading activity.
Special to The New Orleans La from the live stock desk notes steady demand for butchers and good quality cattle and lambs. Prices shown include 4.25 to 5.15 for certain beef cuts with market activity affected by recent fires and fall supplies.
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