davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
BULL FOLLOWING GROWS
UNDER WESTERN LEADER.
Prices Are Marked Up Regardless OF
Apparent Conditicns-ShoWs Pure
Manipulation.

View York. June 1s-Atter dull ana
hesitnung market during the greater part
of today with lsonted upward movements
here and there. the market broadened In
the f,nal hour sud moved upward quite gen
orally with a considerable show ~ strength
The activity was attributed 10 the same
speculative lender who has been concerned
In all recent important movements ard
whose return 70 wall street this morning
gave rise TO n show nj awakening Whatever
the motive Of the buying, tho bun leader
ship secured a larger following today than
at any time this week notwithstanding n
number Of new developments not imme-
dtately encouraging to rise In prices. The
preliminary features Of the week S currency
movement which arc usually 81 interest in
Fridays market gave promise Of a strong
hank statement The suhtreasury absorp
tion OF S2,4o6,0OO apparently hns been ittlt
more than offset by tho balance Of receipts
from the interior There is no indication
of any considerable loan contraction during
the week and the time money market con
tinuos to reflect the cautious desire Of Dor
rovors to provide themselves with nxed
sums for a considerable Tine to come. TO.
day s crop news was regarded as favorable
rain IN the Southwest. The advance of a
point or over In tho Reading stocks was
An Important sympathetic influence upon
the late market, but there was no news 70
show a prospect II an early settlement OF
the strike Inc increase in demand for
stocks was incontcstHbe. nevertheless. In
some cases the movement was due 10 In.
diridual causes. sugar advanced on the
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
New York Futures.

New York June 13.-Thc cotton market
ononcd 0uet and steady with prices IN,
changed 10 points higher on light general
hNinG led hv local shorts and European
interests based In mart on \ dry weather
nap tor the entire cotton belt and rather
better Liverpool cables than looked for
Almost Immediately following the cell, the
whole market suffered a setback OF to q
points under hurried LIQUIDATION by insiders,
who were prompted TO this course by a
prediction Of general rains over the east.
EN- portions Of the belt tonight and 10.
morrow. By noon the market was steady
again and hnck 70 last nights bids. with
the feeling rather bullish Reports that
Srp' cotton was hardening in the South
h'lped 10 Strcpcthen bun confidence. Dur
Ing the last hour the market worked
steadily upward. with shorts active buyers
The close was quiet and steady with prices
estimated / at Poi about 'I 10000 Bales sDe "e
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
n. & 3. Beers Letter.
(Spccial 10 The postl

New Orleans. June a.. Early Liverpool
advlces we're better than expected. hut
when our market opened values had eased
considerably consequently prices here on
the first call were unchanged on the near
and . to 8 lower on the late. Suhsc
onently the summer positions became
easier on liquidation and declined.
About this time II was ascertaiTRd that
only n few scattered showers had taken
place in Oklahoma and along ghe South
Atlantic coast. and that indications pointed
10 continuance OF the clear weather gen.
eraily over other portions OF tho belt
Fresh buying naturally came In and
renction OF on July ana 8 TO 10 on the
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

THE WORLDS VISIBLE,
Secretary Hester's Report Makes Weeks
Decrease "a ,os2 Bales


Decrease "a ,os2 Bales.
New Orleans Juno re Secretary Hes
terS statement OF the worlds visible sup
ply Of cotton, made M from special cable
and Geographic adyices compares the ne
ures n this week with last year and tho
year before. II shows ; decrease for the
week Just closed Of 14l,os2 bales against
decrease n l04 So last year and de-
crease Of aa027 the year before Tho total
visible is 2.slt,o49. against 29S3o31 last
week. 3O44,oS4 last wear and 2,lSSlGi y ar
before last. OF this total the American
cotton Ia lSA7,oai. against l96+,03l last
week. .a6h, esA last wear and l.Nl1,N3l ycnr
before last aud " All other kinds, inc'ud-
Ing Egypt Rrazil. India, etc. 046,0O0,
against a4S,on0 last week l.So9,oO last
year and 0eT.Oo0 wear before Inst
The total worlds visible supply Of cotton
shows n decrease compared with last week
OF i4i ,oS2 bales, a decrease compared with
last wear OF 2SS.0SA and an Increase com.
pared with year before last or 6iS,0l5
or the worlds visible supply of cotton MS
above there is now ahoat and held in
Great Britain and continental Europe 1860,
600 against ! SCI 900 last year and tGS. 600
year before last In Egypt lol,ooo, against
i5Sooo last year aud ltl,ooo year before
last In India A0S,oo against h6S,0n last
wear and $4,000 year before last, and In
the United states $4,000 against IA, 600
last year and $4,000 year before last.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
RAINS nrLpEn cnRN

Wet weather helped corn much indie
pendcntlv and through the whclt bulge
Cultivation has becn retarded by th,
flooded folds. and now tho wet weather Is
interfering with grading stuff The market
was very firm tho FIRST hour but Without
much activity Strength Ia wheat was
sufficient to make numerous shorts cover
country offerings were small and tcco pts
were only fair al 323 cars The pit crowd
had in mind the probable manipulation %
July options and was not taking long haz
ards. July early sold easily at 63ll, but
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
Bank Clearinps,

New York. June 13.-The following tanie'
complied by Bradstreet, shows the bank
clenrlnge at the cities named for the week
ended June -, with the percentage oil ~
cieate and decrease as compared Win tue
corresponding week last year. Totals incuue
clearings of nfty.two other cities canaan
IN totals include clearings Of seven other
cities IN Canada:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
HIDES AND WOOL.
BUTTER AND EGGS.

Chicago. June -. -Bntter1,Ess!i s slsss
cry isd2i; dairy l7laals; Che ,sglss
lodlo&. Eggs-Steady; fresh y icSrG I'D
New York. June 1S-Eggs[sn sr,barn %
packages: market steady
changed, Is. =, uo,,,try.-siescs
st. Louis. June ls..fou .,,rseys s0i
chickens 913; springs lEaho,, ,ru,tter-stesdy
creamosy lsa22: dairy lI@ls'
Steadv-,'14la, loss on.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
NEW oRLEANs sPoTs.

Sales Better and Prices Firn1-Futures
C'ossd at Top.
New Orleans June 13,spot market re.
mains quiet wl'h only moderate demand;
S7'cS ltoo bales including $50 to arrive
Quotations unchanged. Futures at the
opening we're unchanged on the summer
mouths and 10 pontS mn on other pc
sit'cnS After comparatively duh SeS
SION with narrow huctuntors the closing
figures showed net losses OF I point for
July AVID net gains NJ to I points on the
moro lIsilnL nnsitinns
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
Chronicles Weather Report,
ISpccial to The Post.l

''T'NIHT 10 me Hngf1
,,,no~., aV'S, June lS'-The Commercial and
hr 'a .o,"n. Snron,eie says: Weather reports
NJ. s,a-., Ieiegraphic adyices TO US
ms evening denote that except in districts
along the Atlantic dry weather has neon
quite general at the South during the wecl
our galveston correspondent states ma
laok OF moisture in Texas is becoming
serious menace to growing crops and fqor,
; AeIsnama and sections Of Arkansas ana
is needed. tnat rain
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
METALS.

New York, June IL LEAD l., ord ioD's1 bsI|
was no trading to speak, Of IN 81 advapca,
don. however. improved q %, coniiEus]
20 Els los. The local iron ma nrices shovia3
quiet and without :eauute' MARKETS wee
n shade fn' letter. with Glasgow at ois
Niddlcshoro at 49s 1llh
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
NEW LIFE INFUSED TO MARKET

,er cent Prime mercantile paper 4d4a
per cent Sterling exchange steady. Win
actual business in bankers bills NJ 4eiN va
s7H for demand and 81 st1s Tor SLY sly
DAYS posted rates SIG, ~ an elr '1 por
silver SO; Mexican dollars AZ Government
bonds easy state bonds inactive; railroad
honda firm
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
Comparative Cotton Statement.
New York. June 49, For the week ending
New York Dry Goods.

New YORK, June 10 rho dry goods mar
kel hiss been duh today, Home huyeis
stun purchasing indinerently IN staple lines
and seasonsble fancies Fair demand for
dark prints and for the fancy fabrics for
next year. Print cloths dull but STEADY.
Linens are Arm with a quiet business. b'r.
laps are dull and barely steady for spot
goods.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
Liverpool, unchanged.
American side, Unclaimed.


American side, unchanged.
The weather was supreme In Yesterdays
session ~ the cotton market To those &C
duainted with the luNardncss Of things Il
Is not necessary to say that this means the
nerves Of the trade wore severely tried.
The mind Of the bear was quite perturbod
over the stories that emanated from the
neld and bulls were quite lacking In resolu.
iion In view Of the difficulties that spocu.
latlon now hns TO confront. Some contend
that the absence of moisture viii work
greater injury 10 insects than the plant
and others claim that the need ~ rain is
too essential TO admit Of any controversy
Whichever is technically correct we'll dc
veloped sentiment has gained it's way that
the condition bas been partially reversed
and the trade must henceforth operate
lpon n different crop basis. Such opinions
may he chiefly emotional but their I'm.
dnence helped the bulls to win slow but
rertaIn victory and furnished support
that could not be shaken by the pressure
from satisfied investors.
The week end statistics but further ON.
phasizsd the necessity for an enormous
yield. The combined losses Of American
and other Kinds causes tho worlds visible
to show a shortage Of 232,oo0 compaged
E'lth last wear. With a movement that Is
Cast fading into a shadow tt is not etrange
that such a shrlnkage should excite those
Eho have lately appeared as sellers. Ar
rivals at thirty NJ the important interior
towns amounted to 500. compared with
Sl46l last year while even with light OK.
ports the deficit in seahoard stocks showed
perceptlye increase There was no trading
~ large scale, but these facts induced
some Improvement from tho buying side,
while tho selling seemed TO he chiefly con.
hned IN the July option, The narrow limit
Of fluctuations made " clear that tho eiant
spirit is sleeping and the scalper seized the
opportunity to impress the world With his
greatness.
The subject al tho crop SO far has been
treated with much unanimlty by all writer's
Of note. Most NJ tho estimates have ranged
'rom practically IN unchanged amount of
irea planted to decrease Of . per cent.
The matter Of acreage can not he counted
safe criterion when it is considered that
upon q 967 oG0 acres planted in 1898 q
'ror AZ ll,274coo was raised while on 81
$1,000 acres planted In 1901 the hnal yield
must he 100000 esg The trade may as
well operate upon lhe theory that the
acreage is a little less or little more and
It is for this reason that hearishness has
less SWAY. II later developments from the
plant are reported with the same unnumity
the way Of tho average operator win he
much easier to guide, Otherwise the man
ncr in which fancy win minCle with fact
ran not help to clear the mysteries. The
condition of summer supplies makes II
unnecessary 10 dwell upon the importance
NJ seeking the latter or else not bulge from
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
NEW ORLEANS.

lSpeeiai to The rUs -. IS
stock Landing. New orIes", s,xcnsngs I,
The New Orleans live s' cattle. rles .s
ports; Receipts lioers o,ce only, W.
ordinary;, demand i'i BUTCHERS are sussF'
with sheep.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
SUGAR.

New Orleans. June 10 setiIe centr.i1
open kettle 21ad3 S-lo' 2pTTn Sisdp s' m M
S On, pa" 2GS s-1s. Molasses-steao''
: New York June lS.-su6ssstt est. 3l,; ny
fair refining 3 centrifugal ~ Firm.
leases sugar 2A. Rchned-ph
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
COFFEE.

New York, June is.-c9 nee 81 d,
Rio quiet: No. I invoice S% nst Iunchan..5
Futures closed steady ana i.Iss were = ~ x
to points higher; Iola ,he "a 'eoq4 ~ s N
bags. July 4 10; SepteIhips,. January 80
s IN Ss: March s. 40; May 5,4oae'V'
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
1 ondon financial Cable

New York June l3 The Commerclel'Ad'
vcrtiser's London financial cahlesram says:
The idleness of the stock market was more
M denounced today and there was little move
ment anywhere Americans opened lower
In response to New York. SkylarkinG w1s
a feature till the afternoon. when New York
gave moderate support, particularly to
Atchison and Mexican National, Tho close
was generally steady
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
ST, Louis Wool

st, Louis, June l3.-wocl stsadv. s,,
slsass ana eomoins l5al73.; light nne
l291els tub washed l5t24.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

M the day advanced n leading elevator
nnloaded a considerable quantity, scalpers
took profts and the advance WIS io't July
closed steady, shade lower NJ b31sdVSh.
oats were very active and nervous.
Shaip advances were registered early en-
ruled hrm all day The hullish influences
Wcrc too moist weather for the crop, eN'
poctcd reductions In stocks and prohnh 9
scarcity Of No. 2 white oats next %nlh.
The demand for new July was. abocinlly
brisk. This opticn quickly sold at 4las.
hut rs the session advanced commission
houses offered fair quantities and the
close was lust Arm, J., np AT 40. "a IN
stun was in good demand Receipts were
small lt 1872 cars.
interesting. The hog market was Arm, but
tho constant manipulation ~ packers has
driven much Of the trade from tho PIT.
Prlccs we're put M slightly at the open
ing. bnt tho close was fiat July pork
closed unchanged at H. o., July lard un.
10 4Tiq.
Estimated receipts for tomorrow Wheat
81 cars corn $50 cars, oats ldo cars; hogs
1900 head
Cash quotations vcrc as follows:
Flour pull and steady
Wheat No. sprlug Gom72H 80 red
Oats No. 481sd4rs: No. white 470
AZ. No. 3 white i6a m4TH.
Rye No 50n60
harley Fair to choice mating s6T7o
Flax seed No. / LIS. No. ] Northwest
Mess pork Per barrol II 7oa17 72}a
Iard-Fer l0n pounds lC. 2Ila.
Short ribs Sides doosol 10 va 10 a2ia
Shoulders Dry sailed IhoXedl SieMSes
sides short clear tboNedi 10. T5H 10. 50.
WHISKY Basis of high wines l3o.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

other months was Quickly established. max
ing the net gain on all ontionS : points,
except Iu'v, which closed I point lower.
The total stock Of The American ashore
Und ahoat 10 liverpool Is $4,000, against
6bS,oO last wear aud 4460O0 wear before
last The large interior towns during thc
week received 1000, against $1,000 last wear
and 1000 year before last aud hold In
stock $4,000, against $4,000 last wear anil
10000 wear before last This visible sup
Ply Of American decreased 10000 during
Tho week against $4,000 last wear and
5000 year before last, and tho nccrccate
to date Is 500 900, against 1,0i6.W0 last
year and l.5lgNO wear before last
Spinnors cvidoucc no disposition to buy
>rots, Hnd the fow daily sales reported lre
made quotations II Is only natural that
tho trndc refuse 10 depart from the hand
10 mouth policy iuaugurated some time hncli
when We consider the current prices and
tho fact that there viii he sufficicncy
OF cotton 10 meet all requirements, With
tho discounts existing in the new crons IT
Is evident thar summers would prefer buy.
ing Thorn than 10 pav the enormous nTe'
MUM eNnctSd for Snnts NJ present. The
hulk ~ operators ARE now Interested IN new
rron months patty conditions win con
time 10 regulate values in these positions
H. e. r. Beer.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
WEATHER CONTROLS. COTTON.


ing the Hrst thirty minutes and drop Of
2 points formed the level that ruled until
the middle Of the morning A recession to
bottom prices then appeared and extended
until lust before tho midday call when
an upward wave set In and caused top
prices to be reached in an hour afterward.
This position was held up to the last thirty
minutes Of the call. when small drop
constituted the only variation In the
net result June lost 2 points. July J md
the balance OF tho list advanced and
points Sales ri the four American mar
kets amounted to 1860 bales aud spot quo
tations were left untouched
The movement continued to shrink. Re
CENTS at all ports for the DAY we're 33i3
bales. compared with o4s9 for the core
spending day OF last wear. since FRIDAY
they have been 25.osi bales. compared With
90 asa for the same time Of last week and
5li2o for the corresponding time If Inst
year Thus far In tho season they have
been 7.31So01 balcg, compard with IWs.
1903 for the corresponding unlc nt last sea
son Exports since Friday huve been II
30 bales compared with j6. G6H for the
same lime Of last week and SILL for the
corresponding tins ~ last Tc1r. Stork a.
United states ports foi the day was ~
a. bales compared With S0iI9s for "a"
same day n last week and ~, ldl Tor the
corresponding day II lat year
Fairchild & lIobaon Of Ncw orleans wired
Cnrgnl & Richardson as follows
weather continues to govern tie market
and will fot some time to come There
was no break in The dry spell overnight.
only points reporting moisture were Okla
homa 90 Chattanooga and jacksonville
trace aud Charlotte IAN Of ~ In the
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
London ConsoIs-

London. June i3-Consols for money
96 1916 account rs 1916 Bar silver
Steady, 24d per ounce. Money 2l9@3 per
cent
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
FEARS OF CROP DAMAGE
MADE BEARS NERVOUS.
BuIsh Visible Supply Statement In
dueed Better Support--No Life to
Speculation.
Attic CLOSE:

kTSTHE CLOSE:
Liverpool. point down to i-2 point
higher.
New York, 8 to 10 points higher
New Orleans, 2 points down to
points up.
SPOTS.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

, over tast yeai

Following are the clcarings OF the Hops'
ton banks together with the amount Of III
rrnrtn or dnrre1sc rvnr lnst wear:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
Closing Prices of New York Rords

The prices bid and asked at the CLOSED
Yesterday and the sales made were as fol
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
New York Money

! New York, June Is Money On call steady
2i-83 per cont; closing bid and asked 2LqG3
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

Following has been the movement NJ
thirty interior towns with comparisons
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
,sseIs Destined for Galveston.
GALVESTON STOCK.
COTTON SEED PRODUCTS.

F. 0. b. mill Texas interior points, u
cordlng to location Per gslloa
Prime crude oil, loose 49,. 80
Prime summer yellow OIL. a q ~
Linters, according to quality 02h1 @
Per ton.
Hulls, loose ..,...........,S6 W
Prime cotton seed meal. Is 80 q
Prime cotton seed cake. Is 90
Quotations on prime cotton SEED re-
ard prime cotton seed cake are for deii'aT
AT Galveston.
Memphis, June 13.-Cotton seed oi-Pliny
crude. 37Ia: OF crude. nominal: prime suI
mer yellow Al: of summer yellow, nom!n.
choice cooking summer yellow. nomln.
Meal and cake-Prime % 80; on, nonm,I
prns ofIeahT in ' bsrre Is 48t OF refined
prime crude Loose 3Tla
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
The Times Democrat summarized the sit

The notice day for July contracts swift
ly approaches and the realities ~ that
option win soon no revealed The ont
siders ono nv one fold their tents Ike tho
Arabs and ms silently steal away Tho
brought to close quarters The issue ~
this hnttle royal VIII ~ course depend on
the extent to which sninnerE have PRO
vided themselves against the requirements
Of tho Interior crop indictments A TO such
matters the shrcwdest surmisc Is ~ no
account Father time alone can ten tltis
chapter Of the story Fer the present the
fluent talker must take q hack seat and
give the patient listener the precedence.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
COTTON MARKET QUOTATIONS.
comparative Spot Markets.

Quotations Tor middlpg At other SPOT mar.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14

Daily interior Movement.
Receipts Shipments. Stock.
l-rrstr . Z. PSI t7ts7l
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-14
'uston Spot Market,

Houston Spots closed quiet: prices nm.
changed; stock 1883 bales; no sales:
Hester- Last
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-04-20
eRosvENoR IS BITTER.
Says Beet Sugar Interests Were Ben
Gifted by Differential.

washington. April 19.-After the tur-
buient scene OF yesterday, marking the
passage OF the revised Cuban reciproci-
~ oil, the house settled down to rou-
tine business today. An opportunity
was found, however, fo~ the two ele-
ments in the recent struggle to give
expression 10 Their feelings.
This 0cc -rTed while the foTtificatiOn
appropriate bill! was under consider
alton. Mr.. Grosvenor Of Ohio, one OF
the ways and means leaders. said tina.
the amendment yhich the opponents of
the ways and means committee had en-
grated upon ne Payne bin not only
wiped out he diderential on sugar.
but also did away with the counter
vailing duty Of the Dingley law.
Mr.. Weeks Of Michigan made a spir-
tied rejoinder. ~ behalf OF those who
opposed the ways and means commit
Tee. FIe frankly conceded Lhat the mo-
tive &c the opposition had been to Kill
the reciprocity bill. The fertilization
appropriation bill was passed and the
conference report upon the legislative
appropriation bill agreed 70.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-04-20
RESTRICTS BANKRUPT ACT.
Representative Ray Explains the
posed Amendment.

Washington, April 10.-Chairman Ray
Of the house committee on judiciary
sale today in regard to the amendment
to the bankruptcy law reported yes
teTday:
The amendments propose four adj
ditionai grounds for refusing a dis
charr 10 a bankrupt:
''Tirst-Elis having obtained property
or credit on material false statements.
'Second-Having made "a fraudulent
transfer of any part of his property.
'-Third-HaYing been granted OF de-
MED discharge ia bankruptcy within
six years.
Fourth Having refused to obey any
lawful order of the court or to answer
any material question approved by the
court.
After inquiries made in many quar-
ters. less than 10 per cent Of the an
swers from an sources oppose she law
as it stands and this objection IS
based mainly upon the defect in the
law. which the bin reported from the
committee remedies.