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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Jul 20, 1902
Page
16
The report shows minor moves in multiple markets with Liverpool and New York near unchanged, New Orleans slipping, and cotton and fabrics futures fluctuating. It mentions selling pressure on options, steady long-term currents, and mixed export demand tied to India China and Central America, with receipts and exports at modest levels.
The market closed lower after morning profit taking amid a broader advance in stocks. A notable revival of speculative activity occurred this week with volume surpassing one million shares on Thursday and Friday, as large investors and professional traders renewed interest, while corn and coal sectors showed mixed movements and money-market conditions stabilized amid favorable bank statements.
A garbled page fragment reports stock market activity in New York with cotton and other commodities amid price fluctuations, and includes unrelated religious and literary excerpts. It also notes a local tragedy in Wilmington tied to public concern, listing scattered figures and dates.
Closing prices for cotton seed meal and cake at Galveston New Orleans and Memphis with values in dollars per unit. Prime crude oil and refinery prices noted with summer yellow varieties and off crude, plus sugar and coffee trends across New York and New Orleans markets.
A fragmentary market listing shows steady butter and eggs with varied dairy and commodity mentions. References include sugar, steaty, varied dairy brands, and regional merchants like New York and Chicago traders.
Chicago July 19 oats futures surged as a natural corner formed on July oats near record highs since 1874. Ruined harvest fields from heavy rains drove erratic price moves while other grains fell. July oats rose to new highs and close gains were supported by tight receipts and strong cash demand.
Market notes list several commodities with mixed changes. Wheat futures show lower cash and September and December options. corn prices dip then rally. rye and flour hold steadier. Receipts and ship ment figures for wheat, corn, and oats are given alongside New York activity with quotes for No 2 and No 1 varieties and prices for options and futures.
Weekly receipts show cattle at 44,000 as quarantines flood the market. Hogs steady to higher. sheep demand softening. Kansas City and New Orleans reports note weaker cattle prices while Texas stockers lag behind demand. overall market dull with heavy feeder supplies and lower week-end values.
London's wool auction sales show varied demand with home trade focusing on AF grades and French and GEST varieties securing fair quantities. American buyers take Cross breds while greasy lots find limited sale to America and Tasmanian lots pass. Next week schedule lists numerous bales from New South Wales New Zealand and Cape of Good Hope with greasy and scoured lots priced in shillings and pence.
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