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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
Mar 29, 1901
Page
6
The cotton market showed a noticeable rally as New York gains and Liverpool strength supported firm tones. Prices advanced in Liverpool and New Orleans while New York, Houston and Galveston posted modest increases amid renewed demand for higher grade cotton and speculation on future supply.
Market reports indicate volatile cotton activity with mixed signals from New York New Orleans and New England. Prices show small gains in some regions while overall movement remains cautious as merchants assess receipts and port activity.
In Chicago on March 28 speculative interest centered in corn as May delivery held near a high redword. Wheat showed little net change with May easing and other grains like oats and provisions trading mixed amid cautious sentiment.
New York March 28 traders report a firm stock market with bulls in control and profit taking limited. Prices avoided sharp declines as investors, including speculators, absorbed mixed signals and held key issues near highs while industrials and rails showed notable strength.
Am 8 dod W 44 4 444 445 Sou Pacific 47 40% Wy 46 Am 8 dod W 44 4 444 445 Sou Pacific 47 40% Wy 46 New York Money. New as Murph Money can call steady per cent Prime mercantile Revere at 4 Per Cent Sterling exchange with actual business. Six bankers pails for demand and ar 4.87 for ordinary days ex rates $85 14 and 4.81 Commercial bills 4.84774 848 silver certs best Skywill Bar silver 00% sexton Hollara 49 Government bonds hner state bonds strong railroad bonds irregular New York March 28 The Commercial Advertisers financial cablegram says Bill. neke on the Rock expluner here wae Pein today tone cheerful Nese throughout the market. Wonsote in thined tea advance woe on by cheater money. American parces wove Huovant throughout the Tet sad throughout the day Money scarce Leiden March 28 Counsel for money and the account MT Bap silver easy 277-4 Pee Mince Money 44916 per cent Short Oils in the penny market Magi per cent three months bills 3 per cent Cotton Seed Oil New York March 25 Cotton seed all prime erode SOA prime yellow
Texas cattle receipts and prices listed from St Louis and Kansas City yards. Texan steers 3.60 to 4.95 while Indian steers show varied values. summaries include Logan Mercantile, Hogans, Malsellok, and Westland shipments with weights and averages. In St Louis market, cattle receive and class breakdowns reflect steady to strong trends. sheep, hogs, and calves noted with price ranges and demand indicators. Grain movement at Galveston and Chicago market activity referenced with domestic exports and elevator receipts.
Special to The Pout details a market opening higher in Liverpool with subsequent gains amid heavy covering and speculation. Bombay weekly receipts reach 160K bales with shifting demand affecting American cotton and world trade conditions.
Porie reports three percent rentes for account and exchange on Sumitow Dal Tatty for a book. Ailinees total seven million two hundred seventy eight thousand five hundred four dollars.
Port of Galveston reports arrivals and clearances with listed vessels including Se Phoeby Emerson and Hix from New York and Manchester bound ships. March 21 entry notes vessels in port and pier activity with partial vessel names and origins.
The American Telephone and Telegraph Company reports progress since Bell’s invention. Growth shows 23,714 miles of wire for telephones and 47,890 subscribers. exchanges and toll lines expand with 140,000 miles for toll services and 16,102,000 in replacement equipment by year end.
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