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Newspaper
Houston Daily Post
Location
Houston, Texas, United States of America
Date
May 18, 1902
Page
20
The Houston Daily Post dated May 18 1902 features publication details and office addresses at Franklin Avenue. It lists office numbers and staff positions including President and Vice President while noting the paper’s post office registration and date.
Traders faced a volatile session as coal strike concerns and bank data shaped prices. after a sharp early retreat stocks recovered, while United States Steel slipped and New York Bank readouts influenced sentiment, with mixed signals for futures and commodity markets.
In New York on May 17 the cotton market stayed nearly steady with a slight decline in May and larger drops in other months. July and August futures moved lower amid heavy selling by commission houses and reports of a widespread market weakening. New Orleans prices sagged with weather and crop news. trading stayed thin as bulls attempted to hold positions while some resistance formed near the day’s lows.
Chicago May 17 grain traders showed little interest in the week’s end on the Board. Prices dipped for wheat and corn with July futures down while oats and provisions closed modestly lower. Northwest rainfall slowed spring seeding as traders awaited fresh cues from futures pits and cash markets.
The market notes mixed activity for grain and provisions with wheat and corn prices quoted, shipments and exports at various elevators, and spot demand described. Details cover wheat and corn prices, futures like May and November, and nearby shipments totaling thousands of bushels along with references to ports and regional markets.
The article reports on feeding experiments comparing different diets for calves and steers. It notes variable gains, costs of production, and profits across lots, with data on weight gains, feed costs, and sale prices. It references specific lot weights, dates, and market notes from Kansas City and New Orleans.
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