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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Jun 18, 1901
Page
8
Advance in prices and active cotton futures showed a rising trend throughout the day as crop reports appeared favorable. Spot markets firmed at New York and New Orleans with notable gains. rail receipts show Houston shipments steady amid overall market strength.
New Orleans June 17 market reports show quiet morning trading with limited bids as bids and offers clashed. Prices drifted with moderate activity and favorable cables from London and Liverpool aided early gains in cotton and silver markets.
Vessels in port include Neocon from New York and Astronomer from Liverpool. Ship agents publish cotton freight quotations from interior shipments within fifteen days, with rates from Manchester and Antwerp noted amid general port traffic.
The report notes a dull market with little activity in the wheat trade and overall prices nearly unchanged. Arrivals yesterday were moderate and the corn market showed weaker demand while poultry demand slowed and prices declined. New York money markets show flat liquidity with slight shifts in commercial rates and exchange.
Wheat prices trended lower for July futures while oats stayed more active. market turnover was light as reports of damages influenced sentiment. Provisions and grain futures showed limited gains with bearish pressure in Chicago and Liverpool notes, leaving overall activity subdued today.
New York June 17 The stock market faced a chilling effect from heavy gold exports and a higher money rate sparking widespread declines. St Paul led gains among rails as other rail stocks rose briefly. industrials and the steel sector showed mixed strength. Bank reserves and dividend expectations weighed on sentiment as traders anticipated cash penalties and weekly financial moves.
A fragmented price list from Houston wholesale markets shows various commodities and rates. Entries include powders, sacks, candy sticks, lighting items, barrels of honey and molasses, and condensed goods with inconsistent units and spellings.
Cattle receipts approach six thousand head as prices slip slightly across markets. Kansas City reports heavy Texas and cattle movements, with many named producers and weight classes noted.
ranch markets in San Angelo Ballinger and surrounding counties show steady cattle shipments including steers heifers and goats. buyers track prices at 14 to 15 dollars per head with notes on land rents and regional consignments from Concho river areas. Chicago reports higher cattle prices with Texan cattle selling as good to choice and receipts around twenty four thousand. Orleans notes limited rail shipments and farm cargoes amid brisk market activity.
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