davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
SLIGHT ADVANCE in GRAINS.
SPEC LATIVE DEALERS
PLAYED WAITING GAME.
The Principal Stesdyina Factor Was
Scarcity Of Spring Wheat--eull Sup
port Made Corn Firm.


Chicago. September 10. Spectators IN
the grain markets PLAYED something OF a
o..ittne ,,r,a to,io, ,e,,d,ue tho isstance
'"i''"e s"n'' 'VN"'' p0''u'"s ,,,.,
OF the government crop report WeatneI
conditions were sufficient to start liberal
selling eorlv In the session hut small re.
$50, ~,
ctlpls "l wheat sholt sto'As W eui" 81
good support In oats kept prices very
steady Contract grades were almost iu-
,iythio ana ,ordod Il ,td tba ,arkats
,ieipo anu NV Wy
~ the close OF somewhat duli trading' ne
cember wheat was a shade up, September
corn ~ btcber Decen,ber corn u lower.
ooto,.,,..a ,Ios,' ,1 t,,,o,ri,,r
Septehucr pats 1SWH Hp uil" l''''u''Vi
oats shade higher Provisions closed ~
TO ~ down.
e,.,. A. ,,,,. .t,4 u.a- ,ho ,ri,.
'eal'il' III splinE Nn'"' Vac t"V
.clpal steadying FACTOR IN the Wheat PIT
Cables were firm An announcement was
mada eorIv to hreak urices Inv snles Of
- $500 ,.,,,,,. .,,.,.,.,.
over DVV'Voo pushels DIV le"u'ns eleNn'o,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
RUSSELL SAGE'S ILLNESS
CAUSED SLIGHT STIR
Rock Island New Issues Became Prom
inent--Money Conditions Are Sone-
what Easier, but Reserve Is Gore.

New York, September 10 For the 6rst
Irregular, though opening with considerable
strength, which was well maintained until
the last hour. About that time rumors
OF the serious Illness o. Russell Sage caused
selling movement Ia che Could stocks,
tho remainder Of the list bei0g SYN.
pathetlcally affected. Conditions as whole
favored higher prices. London reported a
strong tone for Americans and gool In.
portatlon was announced. call money
though nominaly as high as per cent
was actually hardly higher than per cent,
crop news was encouraging and early adj
vices told Of truce between the Pennsyl.
yanIa and Gould interests. Largely as a
result Of these last rumors ana aided by
clever manipulation, Pennsylvania and
Baltimore and ohio, whose Interests are
virtually Identical. advanced over point
each and the Gould stocks also gained
In the same move Improvement was shown
by st. Paul, Louisville and Nashville, Rock
Island, New York Central Illinois Central
and the waboshes. but the Industrial list
WIS neglected save for some activity ard
better prices IN the gas stocks nnd Amcil.
can Ice preferred. Following BRIEF halt
toward the end Of the first hour during
which the list saggcd. there came an active
demand for Union Pacific, Reading. Man
haitian, Atchlson and some of the special
ties At the same time there was some
selling Of Missouri Pacific ny brokers who
had been active on tho other side St
Paul, on persistent rumors Of IN Increased
dividend, made further advance. aud
READINGS strength was VeT maintained IN
IN IA uf al tstla ftls
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
NEW ORLEANS COTTON.
The Spot Market Was Active, bur Price;
Remained Unclaimed.

RSHlo'lSb 0llNfldtl9Gps
New orleans. Sept mUer l0.-rhe epot
cotton market was again alcly active. i'm.
der the influence of better aud more nc.
tive liverpool market factors at arst
seemed disposed TO demand an advance OF
Yesterdays level Of values. but thls feel
Ing soon gave way IN response 70 the sharp
decline "a contract prices. Offerings thea
became freer and IN order TO move their
stocks factors became free sellers, and ia
some instances a shade below the board
level Sales AGO bales, Including 1900 10
arrive Quotations unchanged
Operations IN the line OF contracts were
foirly large today. The market opened 4
TO { points up and advanced / to . points
additional under the influence of a gain Of
l32d ON spots ana i6td 10 2,64d on dc.
hVerics and 4 comparatively largo MOVE
inent 70 mills at Liverpool which Improve
ment was supplemented by early advances
of . IL - points IN New York. chanxr
or sentiment, however took place shortly
after the cPeniqg aud the locai market, In
common With tbs metropolis. began to sfg
heavily. prices working down steadily until
losses 81 II % Is points from the top had
been recorded. After some fluctuations The
market AZ the close showed net loss Of q
points on September and 3 90 points GU
sly tyhCr POSITIONS.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11

SdT9lN % hiCNaTQSOn s Letter.
Houston, Texas, September 10. Cotton
was zlgzag market today, showing
considerable strength early In the ses-
sion. later weakening as large movement
figures were posted, and advancing at the
close on Wall street buying and some taig
Of a concentrated bull interest in the near
positions In New York, where an abnor.
mally small stock of spot cotton gives the
manipulation an opportunity for action.
Despite the fact that tine movement is in
creasing constantly, and comparisons with
last season show nearly double the cotton
moving, the interior has awakened, and Is
not showing so much anxiety to sell, which,
should be reflected in the receipts In the
near future. II spots are not pressed for
sale on the easy periods, and the crop is
marketing gradually, there Is no reason
why the south can not again practically
eontro, the market We are receiving come
improved crop accounts from Central
IeAas, OF which the following is an ex
ample: Taylor, TeXas.-The crop has
greatly improved In this section In the last
niteen days, ANA II row looks like we will
exceed last years cop. This is the onIn-
ion OF every reliable merchant and cotton
man here. The plant is loaded with large
medium and small bols, and / can sec no
reason why the crop VIII not be better than
last year. am very much surprised to
time" 'H'''
We believe that tho territory which
STANDS any chance OF making a ton ,ron
Is limited, and, while many reports Of this
cnartcter may have temporary bearish
eHeet, present or even considerable aigher
prices can he maintained IL cotton il mar.
keted gradually
Cargll & Richardson.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
cargln & Richardson,
]. N. Wisner,s Letter-

Houston, Texas, September Io.-Home
markets opened and advanced 8 to points
above yesterdays closing, wnen, realizing
Of proats by recent longs. bear selling and
pressure OF heavy receipts caused quick
decline Of from Il to Il points below high
est figures.
mere were frequent reactions during the
dag and the present market AFFORDS nn ~
portunity for scalpng seldom orerad poth
markets closed at from / to poInts 49,
Inc from yesterday, except September
kets f's IN noth mar
cli II Is wei to note that spots have not de-
me sales today in an spot ,nnrkstS suae
the largest this season Ne's were
ron Mpue heavy receipts cause reactions tho
tecS ,,At heavy decline caused all weat low,
III 70 iguldate aud created a heavy short IN
sl,,Ss.t' nut the market Is holding steadv AZ
a az me present level and every semiisn"o
ol nullish encouragement viii 1robahiv rs'
ee'Ne ready response. j. n Wisner
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
II. & 3. Beers Letter.
Especial 90 The Postl

New orleans, La, September 10 Liver.
pool wss only up 10 expectations but our
market nevertheless opened 9 90 higher,
and declined " to 10 later on realizing
due TO heavy receipts. After this pressure
was removed. values improved TO 10 from
the bottom on investment huying. ruling
steady thereafter until near fhe close when
nrge selling orders again caused easiness,
masking the net loss TO points on the
day While 81 IS trne IhO movement h nm
usually heavy. Il Is also true chat large TX.
porting Drms have been heavy spot huyers
ns vel as IS evidenced by the receipts a,
the outpOrts. Everyone expects tho Septein
Der movement Into sight TO be the largos,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11

crop Is large one
" We are to Judge from the monthly hn-
reau, the weekly weather report, and the
individuals the Indicated outturn is much
below last years Allowing for eNaggera-
tion' and knowing that the estimated con
sumption OF American this year Is placed
81 over n,OOo,OOo bales, there Is nothing
~ the situation 10 warrant selling cottpn
short specuatiyely OF course the pres
snre OF receipts must be commended With
stu any Improved demand from spinnsys
VIII onset thls factor In the meanwhile
weather conditions have an Important bear
ing on the hnai Yield aud must not be lost
sight Of. Liverpool Is selling more spots
ana the nndertone seems healthy. We,
therefore. believe in purchasing on all de
clded breaks aud taking advantage OF spurts
10 realize profits. H. q h. Beer.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
SHORTS MAY BE HURT BADLY.

! bcnn quite correct, but often quite incor'
rect! and especially 80 when the public use
them for working out the final crop result.
These thoughts stoadied the market the
next day (rhursday), the popular belief.
which did not accord with the agricultural
departments hgurca, by that time getting
nppermost again That belief IS about as
we expressed II In our annual cotton crop
report issued to day In supplement. II
Is too early TO determine now big crop the
Southern Stntes Will raise this season. Con.
ditlone as tney Ftnnd today DO not make a
large outcome impossible Besides, c0nsump'
tlon In Europe Is not In such CONDITION
as TO foyor 4 presumption Of increased
tnkings with the market value OF the raw
material high. Moreover, II ~ 10 the dis
advantage OF the producer aud Of the con-
eumer Of cotton 70 start the yelr With the
ruling rrtces at level which can not Hnb-
seduently he sustained. To have saggipg
market while receipts are day by day show.
Ing n lnrger volulEa nlwfys lepresses
prices ahnormallyi u also fake the spiTit
ont OF the spinning demand berause the
spinner Is constantly buying his cotton AT
higher price than rules when mis- gools
are ready TO be marketed a steady or a
rising market for cotton rs best Tor an III
tcrests'
There was very good play IN Liverpool
futures. Experimentation opened points
better than yesterdays Close, lost Of them
and nuttercd around 4.404l during the
session, finally closing at an advance OF
1854 over Tuesday. With the market barely
steady. In spots the loss Of Tuesday was
regalned ana business WAS reported goo ]
ut the advnrcc enles being better than ior
the past few days.
Now York mad funny sort Of session.
From a hrm opening at an advance OF 20
3 above Tuesday the list sagged on 70
points with The exception of september
which continued to advance steadly ana
finally closed at net gain OF II points on
the day. October showed a gain OF polrtI
and January Of 1, while the late months
were without change. except May, wnirl
lost . October went ns high ne S.Al ava
as low as $40; the range IN the January
opton was also II points and the hucihn.
tfons were almost identical with those OF
October
New Orleans opened up with an advance
Of 4 10 points ana followed New YORK
for awhile hut the tendency was to lower
prices. and the close was 10 90 ] under tue
opening The October option had a rnnse
OF i3 points md January 10 hoth showing
n net loss on the day ~ 4 TO D.
There were no changes IN the American
spot markets except savannah when was
marked MP 10 apparently ON genefu' sls
pcon.
Estimates for today Houston l2.ooo TO
1900 against COLA last year; Sew orleans
5000 to 1000, against 2i9S last year
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
al Receipts at All U. S. Ports.
ference 18,7io 5747s ioo,ol7
NEW YORK COTTON.
The Market Opened Firm and Prices
Went l1iuher.

Went Higher.
New York, September 10. lhc cotton
market opened arm with prices . to 3
points higher ON vigorous demand from
nervous shorts and brisk Luylng for com
mission house account The feature of the
latter was Wall street purchases Of JIM.
nary options Following the cali The mar
ket further improved on active general buy
ing and comparative scarcity Of offerings
January worked up to $50 against s. II
on Monday night September scored rise
OF u points to $ As, from s.33 on tue
close yesterday. BdllSh crop reports from
the belt west Of the Mississippi aud re-
ports that too much rain had fallen In
among the shorts and prompted investment
huylng English cables were OF friendly
tenor ana spinncrs appeared 10 be buying
toe fail options here Heavy receipts for
the day aud estimates for mrge port aud
Interior arrivals tomorrow Inter caused a
proht taking movement. uader which pric S
broke To II points, January selling down
weather over ihe belt AMI claims that scot
cotton was being free,i offered az shade
lower values helped 90 depress the market
for the time being, Late, In the day an.
other active buying movement occurred aul
prices once more advanced rapidly, Sep.
tcmhcr reaching sac aud January S.35 1n
this tack, On the very closing ruSu {,
secure lfonts cut down the advance cousid.
crIhlc The market was finally barely
steady. Win rricea II points higher as !
POINTS lower, the remote options only being
below the close Of last light. Septcmler
led the advance, Total sGics estimated at
1uO,Ouo bales, mostly, winter muntha.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
Following were the ruline nrlcos.
Of clean 2g9 pockets.
New Orleans.


New Orleans September 10 -rhe mr..
rivals were moderate today ana the tone
Of the market was very strong. GOOD
grades are in good demand and a further
advance was paid, sales bfing enected u
nigh as S4l0. The feeling was very huoy.
am and confident. All the offerings werc
or 'he honduras vaUiety although a Few
Nts OF japan have arrived and win nrob.
ably no offered tomorrow. There wa y an az
N,tlNe business VA clean and prices ,vcrs
9,,niHneed fraction on head rice NJ tne
li9nNnias variety. There have boon con.
Siderable arrivals Of rice from comm,
nuns recently, hut little IL any Of n NE
n' ,,n "a i9r sale Receipts 5liI sacks OF rough
eis y clean. l2426 sacks OF rorrh
lean rice Honduras active: head ava,
Ssei straighis Slea4ise. screenings Ss-.s.c
strat,.h,s 81, Japan active; head 3i,aic,
iiSg2c, Actual $ 2l4a2Ac. 80
Aousa fee-honduraa setise ana very
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
STRENGTH

cnch The feature Of the last hour was 2 .
Point decline IN Missouri Paclhc ana tne
fccessions In the STANDARD railway ISL ~,
Guiding Baltimore and ONO. Npiioih anuu
Western, Reading, ST. Paul aud New lpIk
Central. The selling movement wiDed out
the greater part OF the days gaius anu W
some instances caused losses, st. Paui anu
Missouri Pacific ma~ing the most sen1us
Guided ST Paul Missouri Rock lsanui
Baltimore and Chic, Reading hrst prefer.
red Southern rucihc. Missouri hahsp :
and Texas preferred wabash common ana
preferred; Wheeling and Lake Eric second
preferred, ST. Joseph and Grand lslahu
nrst preferred; Keokuk ana Des Molnesi
Wcstcrnhouse, Republic Iron ana steer anu
American Car AMI Foundry
Tho now issues Of the Rock leNnd com
nauy were again the teaturc on the cnrn,
the 4 per cent bonds selling up 10 Nl9a
on trrnaactlons nggregatlng about SLen'-
We. LondOn's operations here amonnt"l 70
perhaps 10000 shares very equnlly dlNlael
as 70 purchases mid sales. Increased pup
lie interest was reported by leading COM
nissiou honse8 and the days business
which wac IN eSces, OF 100000 shares.
WIS well distrbufed Money conditions
were somewhat easier, nut the loss OF cas9
by tho banks "a the subircAsury continued
and laRt weeks surplus reserve was prac
ically ohlterntel The gold movement
from Australia Is likely 10 ASSUME folmid-
able proportions Foreign exchange hloke
some 20 points carly Ia tho day Ihere
was no trCnsfer 10 the suhtrcnsury.
Tho bond market maintained nrm I'M
dertOne during thr greater part Of the day'
despite the heavy realizing IN Wabash de
benturca which depressed them > points.
The market sold on IN sympathy with the
decline In stocks. Total sales, par value
81. $4,000.
United states old As declined 4 and tho
new As registered advanced y ard the new
As coupon X on the last call.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
Riee Markot W. AIM.

The local rice market was fairly active
Yesterday Receipts of rough were M 10
the average aud sales OF clean we've or
good volume. Prices were steady ana
showed no change, but demand may cause
ITEM u look up. Inquiry is good for I'm.
tlIe delivery, ana heavy sales together
the week. ava
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
8. 8. Nom q 60 Lilo.

Houston, Texas, September io.-rhe New
York market today opened relatively arm
In tone with lTst prices at an advance of
20 points. strength In this regard was
the result Of n scare among shorts, tholgh
there was evidence OF fresh buying move
neut under the lead OF prominent operators.
who for seyeral DAYS past have been credited
With unloading cotton.
The rush 70 buy continued for some ut
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
New York nru nA.l.

New YORK. September 10 "A fair amount
y, svn'l1l pnslness has been done In cot
ION s.'us' with a firm tone still preyo,llny
"'Fe Tor Doth staple and fancy lines. Prin,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
COTTON SEED PRODUCE

F. O. b. mill Texas intericIp Il, 4
cordlng TO location erA|
Prime crude oil, loose.-." g,
Prime summer yellow OIL; @
Linters, according to quality per
Prime cotton seed meal !, a II
Prime cotton seed cake. = -
Quotations on prime coi.vs IA
and prime cotton seed CAKE
at Galveston.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11

lie time and the general market Increased
us gam before overs Increased materially.
January and March cotton we're most No.
i've. Az the better prices there was more
cr less selling by the longs nut the hulk
OF the long cotton coming out was pretty
well taken up 10y the helated shorts
ton. f'' W.
We do not believe that the market win
future but, Judging from the facties M an
dence for the past Few days. n should be
an Ideal market for the scalper.
Liverpool Is due TO De 2-G4d down tomor.
row r. b. Morris 4 90.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
Liverpool, t-t6d up.
America, unchanged.


shorts appear to be In fair way to get
badly hurt While there was loss on most
options yesterday, Il wns very noticeable
that New York rushed September II points
higher than II WINS on Tuesday, and also
put up October slightly. This is purely
for the benent Of the shorts and there Is
certainly a fine squeeze In prospect. There
was considerable llquld0tlon by the longs,
who bought in anticipation Of the bureau
weather report. aud Liverpool did not nd
vance. which caused the American markets
10 break with the exceptions noted
The movement continues very heavy. as
compared with last year, aud the excess
/ for the week will, according TO Indications,
be nbout 100000 bales. which Is something
lof load for the short.croppers 10 carry.
In It's issue OF Saturday last, the New
York Commercial and Financial Chronicle
Gays
There has been considerable money made
by some OF the all street operators who,
apparently. got an carly idea Of what the
agricultural departments monthly cotton
results were to he. When he report be
came known on Wednesday and the very
low averages for Alabama and Texas were
announced there was almost panic on the
cotton exchange The fact NJ the matter
is. too much dependence is usunlly placed
upon these monthly condition ngurcs Just
because they are government reports eEver
with the best Of Intentions they have this
same chance OF being misleading as Other
reports. In the past they nave sometimes
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
Richard Cooke g. co.sistt.,

IIVu9IVN' IFAlsl Septemher 10 horo
was decidedly better undertone 10 The
spei market today Liverpool recorded
sues OF t@,vO bales at Is advance. also
good sales AZ thr home markets The rc
ceipts are enormous and follow closely ito
siop 81 tSaA when Texas made a.5joCD1
pne5ies AnN INC total crop was under $500.
- AtNNr Net has large movement early
" len season pesacoi bumper cron.
me shorts are crying wolf and aitemntin,,
~ eN.I! way To dlscGcdit the bureau rhe
MrAet looks q purchase as prescnt nricas
Mr fiices letter n this mornings daiiv
gives the situation as be sees ii. ana W.
Fellow hlm, bs!ieytug him TO be riehf.
Richard Cooke 4 CO.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
COTTON MARKET QUOTATIONS


stoct tnis duv go, 800
StocL mis- dav last week ........lO1 .n2t
stock This div last year ...,.,,,...2 ~ 5,s
peLcit this season ,.,.,.,....t.t,.' -,J5l
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11

cloths are firm. with modera.s, \
Mems woolens and w0rsteds w VI
pie lines, firm, but fancy "ols''''
lar.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
METALS.

New York. September 1o;g s NJ
unchanged and steady VIII. u
Local closed unchanged. spsmsH
and unchanged. with sin
transacted nj fun rates. mo-
changed. In iron there Msclles
owing 10 the scarcity OF slpaanlr.l
tone held firm. Warraats hsrefs
gov closed higher at oss,
boro was lowered 10 53s ''su
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
london SOL Market.

New York, September 10 Tho CONNER
cial Advertisers London financial cable
gram says; English rails continue Hat IN
the markets here while American securities
parity untn the afternoon when the New
~ rk support raised Baltimore and Ohio,
Union and Southern Pacific. The close,
however, was Irregular, hut near the top
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11

Memphis, Tenn, Septempst n,
seed oil Prime crude ~; onnr,loi.
inal; prime summer yellow ro,'li v
cooking summer yellow nol9.issfi
cake-Prlme 20.50; of ponin"'
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
RICE EXCHANGE AT CROWLEY.
caraIII & RIohardsonIs Letter.

strong Mt S2.OU@f4.l 10, with actual sales at
$2.20u4.l0. Japan-No. stock.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
New YORK Money.

Now York September 1O-Money on call
firm al so per cent; closlug bid and asked
uti per cent Prime mercantile paper oT
81 per cent Sterling exchange weak at
4s5i21 for demand and at lS3.l7jM
le3 ~ for sixty days; posted rates 4SlMd
ass and at AS7U3 SILL. commercial bilS
; S2MGpl e3it Bar silver 5i7S; Mexican
dollars l9iA Government hoads irregdlar;
State bonds inactive; railroad bonds steady.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
the SEPTEMBER OPTION
ADVANCED AT NEW YORK
October Was Also Marked Up, While
the Other Months Were Generally
Lower-Ncw Orleans Fell Down.

At THE CLOSE;
Liverpool, 1-64d higher.
New York, II up to 2 down.
New orleans, 4 to points lower.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-11
EAx--p'I

import
&se; Engl
~ &c.;
a navy.
Fsz and
{
"a beans,
~ Rine,
fa.rnery.
Texas
seoin soil
2aty IA
4. Hpecial
wy rolls
A sDeciaI
PICKS, %
"A % an.
tie; EipIi
outer Ia
p olora
g.iE Cnio
fk san
ADO We
t.6ei lefi
dozen. y
Wise
fonsla mi
4 half or
Pts. ISL
|Ae,xas n
lNw.
gallon Ia
4 CAlifori
.Chile'
1spore Il
ScaIi
"a
~ Junh