davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
NEW YORK STOCK MARKET
MAINTAINED EQUANIMITY
Wall Street Guardians Soon Checked
the Downward Swing Of Prices
Caused by London News.

New York, June oi.--Thc official an
nouncenent Of the serious Illness Of the
king OF England and the disposition to post
pone the coronation indefinitely, was an
inevitable shock TO the securities markets
OF the world. The New York market. how
ever, met the shock with great equanlmity
and the vigorous supporting orders placed
In the market by the speculative parties
which have constituted themselves tho
guardians Of the market soon checked the
downward swing Of prices with which the
trading began.
London was quite an active seller at the
higher level maintained here but this sIll-
Ing was well absorbed aud pretty general
rccoveries effected within the first hour ot
trading. With the unfavorable effect Of
the English news thus apparently over
come, 1t is difficult to say how far the nor.
NAL condition of the market was restored
and the subsequent evidences Of weakness
might be due to Independent causes,
Undoubtedly the considerable liquidation
In Amalgamated Copper and Colorado Fuel
bad an uusettling efrect on the whole list
This selling clearly was due TO causes quite
Independent Of the llfc or death of the
king Of England Mnncuvcrs by a profes
slonal bear were added to other causes for
the weakness Of these stocks
Apprehension Of an unfavorablc turn In
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
NEAT TRUST 1Nv1NCGBLE.

Traders in provisions seemed to he at
tho mercy of the packers today. The big
interests which not long since seemed to be
at outs pulled together again in harmony
and in spite of fair liquidation by outsid
ers to secure profits good advances were
made Hogs touched the high price for the
year, .92l9. and a good demand followed
the influence. July pork sold from is. 30
ia IL 1919 and back To strong close loo
NJ at Is 40; September pork was switched
from is. co down to is. 50. back to IS. 70
and closed 17iac up at Is. 67l2 July lard
closed 2l2c up at 1857 and July ribs,
which were pulled down 20 to 1865,
closed Sc lower at 10 50.
Estimated receipts for tomorrow Wheat
81 cars; corn 135 cars oats 125 cars; hogs
3G,0C0 head.
Cash quotations were as follows:
Flour-Stcadv. hut dull.
Wheat-No. 3 151s No. red So
Corn-No yellow 66a,66Tls.
oats-No 44@4413; No. white 5o146
SOS No. white 4ad51.
Ryc--No . 5Sl4M50l2.
Barlcy-Good feeding 81; fair to choice
mailing 69d70
Flax seed-No. 1.55 No / Northwest
ern la.
Timothy seed-Prime 90.
Mess Pork-rer Dbl s.40d1s.45,
Lard-Pcr 100 lbs i0.62la
Short ribs sides Loose 10 Sld1O90.
Dry sailed shoulders Boxed sNaGS&.
Short clear sides -Bcyed 1O.ST3d1l60.
Whisky Basis If high wines $50.
Clover-Contract grade S35.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
"A SMALL ADVANCE in COTTON

ponec occasloned some uncnsiness among
the bulls, but later were overtopped In
point OF influence by the dry weather news
from Texas and the increased demand for
spot cotton noted in nearly all quarters
There was partial reaction later In the
morning under selling for PROFITS, by the
more tinid longs, In part due TO a further
reaction from top in the Liverpool market
and In part to weakness In the stock mar
ket. But the weekly government crop
weather report, which came out at midday
oncs more turned the scale in the bulls
favor and for the rest Of the session the
tendency was steadily upward. prices clos.
Ing about top. Shorts were nervous buy
ers throughout the last hour. with prom
inent Greek spot cotton interests and the
Wall street contingent apparently the lead
ing bidders. Tho South was moderate
buyer on the late advance and Europe,
too seemed to be absorbing fall month
offerings The market was finally steady.
ret TO II points higher. Total sales
were estimated at $4,000 bales
New Orleans cotton was stcndy, with
good demand. Sales from factors tables
were 800 bales. Quotations unchanged
l ne future lhHlht WIS SlEhllE tAihfi huiI
influence. gained through continued Dis.
couraglug weather reports aud the liquida
tion Of July. ~ the opening July com
menced to climb upward ana soon gained
points over Yesterdays closing Later
IN the day, there was slight improve
mcnt in all months, but before the market
closed judy lost ( points, the board at the
close showing net gains on the day of :
points for Juno, July aud August and =
points for the winter months.
Liverpool WIS a shade better at the close
than the market Of yesterday, all the al
vance having been lost.
In the spot markets Liverpool was 1l6d
higher hut IT Is probable that this adj
vance win be lost today On the Amer
team side Houstoa was the only market
which made any change, quotations bcing
marked down =.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
CaruIII & Rlehardson,s lett.,


Houston, Texas. June 24.-our New NJ.
leans correspondents wire: After on,nlrr
pa to points higher than last nlrbt ~
Futures and lie for spots. which were IN
fair demand. Liverpool lost all but |, noint
Of the Improvement In near months ana nh
OF the advance In late positions The
losing of the carly ndvnnce was due Ia the
sad intelligence concerning King Edwards
oonalt'on. which was reported serious Of
nciailS' and pending developments most
ponement OF the coronation was nraeroa
were u not for the fact that the pnstponc.
im"nt OF the coronation and decline of -
" EhEish cpnsolS Indicated II sCr.ous con.
ditlon IT the king. higher prices vouid
nave been EXPERIENCED today The advanc'
ny OF american mlddilng at Liverpool was
Cd and continuance OF the droutb In
ieAaS was sufficient 70 encourage iougs
10 take advantage ot the SITUATION ma hi
Yer 'hcir position, but, rs Is generally The
case tue unexpected happened. and Bftrr
opening to MP on summer months sud
unchanged ON distant deliveries values sold
on = couple NJ points July TO s.al ana Oc.
toher to I,'i. For the nrst time this sra-
son the weekly government crop rrnnrt
OF today spoke OF actual deterioration in
many sections of Texas, reporting the past
week ms nelng not and dry, conditions n .
serious with much anprehcnSiun fclt as 10
the ecfetS Of the prevailing drouth ana
thht otton needs moisture. badly, tn,
growth OF the small plant being checked
while reports OF shedding blooming ia Ton
and unsatisfactory frutnE are increasing:
the only good feature about the Texas re-
port being disappearing OF Ice and HON
Weovh' Louisiana also reports the plant as
taiuug rapidly in places as a result az
the droutb. but elsewhere In the hell tbn
crop is maintaining It's almost perfect con
dltlon OF month ago; the South AInntIr
Stdtes reporting the condition OF the cron
as highly favorable 10y
Temperatures averaged degrees higher
thnn Yesterday. but rainfall only AVERAGED
trace with none whatever In the districts
or New Orleans and Galveston Iredlc.
lions are Tor continuance OF fair weather
IN the western district OF the belt for 10.
night and Wednesday, but the uncertainty
attcndins the condition OF the king OF Eng.
nave TO be reckoned with. and for this rca.
son October after selling high as T.S2
closed Ia-So. Spots closed steady and
unchanged sales 1850; to arrive none: mid.
ding ., Receipts at all ports since FIJI
day 1871 against 40.636 last yenr: since
september l T,t62.52O against 1901 ,3ti5: OK.
ports To Europe since Friday aO,725 against
12,421 last wear.
Our Chicago correspondents say wheat
was quiet and steady and that the specu-
latiVe buying Il improving both In Qualify
AMI quantity; they look for better prlceS
Corn moderately active and irnl with no
change In conditions governing market
Oats continue firm With good ash dc.
mand and suppnrt for the September and
December options.
Provisions again strong. though early
there was some selling pressure packers,
however, coming 10 the support Of tho mar.
ket. Cargill & Richardson.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

prediction for fair weather in Texas dur
ING tonight aud Wednesday, Ahont TINS
time Liverpool became easier on the post,
pouement OF the coronation services ana
The report that King Edward Ind been
oAprnted on for appendicitis values mere
a. response sagGcd lightly. hut again be-
came stcadicr for the Issuance or tue
weekly weather report which was taNornhle
for all States except Texas ana portions
Of Louisiana The net gain IN the day
was to . points. .,.-.. -.
The summary OF the weekly weather re.
mort was as follows; "As In the previous
week cotton has experienced favorable
conditions over the northern portion OF
central and western districts and generally
throughout the eastern portion or the cot
ton belt. Lice, however, are more e&'
tensively reported and some fields In South
Carolina are grassy with little rain In
Toxns and only scattered showers over the
southern portion OF the central districts.
The growth OF cotton has been checked
esnecinlly IN Louisiana and Texas and In
the last named state shedding, blooming
To- tons and unsatlsfactory fruIing are re-
norted. hut lice and boil weevils are dlsap
nenring" Late repOrts relative Ia the King
were that the royal family had heeu sum
monpd 10 his bedside, as his coalition was
nrecnrous In the event Of the king
denth II will have tendency 10 unsettle
Snonces and may disrupt business gener-
niiv The continued absence OF rains in
Tcxns for n week or ten DAYS more will
.nndoubtcdy cause considerable apprehen
sion as 10 the probable onttwrn ~ that
State. II, n. Beer
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

Renewed apprehension OF the outcome Of
King Edwards Illness accompanied the lite
reactions following the favorable reports
Of the operation which helped TO rally the
market but a more effective influence grew
ont OF the pendaucy Of gold exports which
seemed 10 affect the market more seriously
than did the direct pressure of stock for
sale
The exchange market hns been moving
pretty coucluSivcly toward the gold export
point. hut 1t has been expected that the
actual movement would probably be de-
fcrred until July Todsy's event. however,
preclptatcd withdrawal Of credits from
London and transferred that pressure from
London to New York As a consequence
II Is generally expected that gold will go
ont on Thursday steamer or on Saturday
If this week. The market closed dull and
heavy.
Some Of tho bonds were weak In SYM
pathy with stocks. but strength at other
points made tho market irregular Total
sales, par value. S3.3T5.000
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
SALES Ar sr. LOUIS.


N,tl-., V'P.'INI 10 lie FOStl
-. "stonal stock Yards. H., lime
sai1 oitS,two hundred Texans were
Sales t0uay; market closed steady.
a,deiphia, Ark. 47O.pound m nix ed" iIh.
d a. Getabert' Baird, Texas. 56j-pound bciI.
r,s, -'Ao' j. j. DoGard Carlisle Srl ga.
f una steers, 2,G0; 67s-pound mixed. . S,.
sicar. rlGming' Aloe, Texas. sia,pound
ieXss' lol4pound steers. NM. n. ~ Sronnt
a . en- 20 Gregory, Texas. sl1pound steers
non, IA Mcdonald, Baird, Texas. lo4r.
pound r steers, 5.25; Furneux Bros, pnil,s
hs UHas, lloo pound steers, 6.35: Thomas no.
,,7S no,,,d I'M W. leSas, sspound COWS. 400:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
MARKET MERELY SENTIMENTAL
Except in London Consols, Which Rallied
Strongly


New York, June ~ The Commercial
Advertisers London financial cable saws.
Stocks began cheerful the public buylng
home rails. At 1920 n. m on the startling
news that the coronation hsd been post
poned, conso.s slumpcd 9. to a59,. Every.
thlng was very depressed hut II was not
pnnicky. There is no big account anywhere
ana the market was merely sentimental
except in the case OF consolS. where n
large account exists that may prevent a
reduction Of The bank rate carly In July.
IN news thar 4 successful operation mad
been performed on the King. consnls rnl
liod TO 96. but closed at - 1916 and 1ll
markets were near the worst
lhere were g.oomy rumor> TINT the king
was sinking some, were TO the effect that
his majesty was dead.
Inc American stocks were idle al first oud
weakened on the report NJ tho kings IN
ness hut New York supported prices brisk
~. aud especially Wabash CANADIAN Pa
cihc and Chicago Great Western Tho
professional element supported United
lapSed to the worst
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
BUTTER AND EGGS.

Chicago. June "a Butter-Easy; cream
cry lsG2lM: dairy 17I.dlela. Cheese
Steady l0dil. EGgs-Firm: fresh 1876.
New York, June 24.-Eggs-Dull; South
Kansas City, No, June "a Egss--Fresh
l4i5
St Louis, June o4.-Poultry- Slow; chick
ems TO- springs 16d20; turkeys sls; ducks
6i5; geese 464ts. Enthusiastically creamery
1sm22; dairy 1Tdls. Eggs-Lower Is. loss
on
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

Texas fed steers 4ood7 90. Hogs-ke.
ceipts 20oCo; strong to ~ higher; good TO
choice heavy 1851 .9212; light I .2507 80:
bulk of sales !, 45d7.sO Sheep Receipts
loCo; sheep duh and lower; lambs choice
steady; good to choice wethers .OO674 %;
fair to choice mixed 3 50d4 25: Western
sheep, clipped, 3.ooG4 %; native lambs
4.7o96. 10; Western lambs 4 1906 10
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
ST. LOUIS

81. Louis, juno 4.-Cattlc-Receipts 6Tol
including 400 Texans; market steady for
ping aud export steers 6Ood.7 90 win tons
worth hl1: dressed beef and butchers
steers a;65d7oo; steers under 1000 ~nnds
COWS and hcifers :. aS6i5. 30: canners = *,
TO; bulls 2.I3d465; calves 5.Oode' 80;
de1as and Indian steers. fed 4.3oa6 85'
s snd up to 100. grassers 3,lOG4. 40. cows
etnn neiIsrs 2.I0d4.o % Hogs-Receints
Sf", market higher than for any time in
~ " past nine years; pigs and lights To5T
Sb vo; PAGERS 74o@7;75; butchers 1909 o..
mmttpp, heec e 5000: marker lower: native
ana bucks 2.ood4oo stock 2SoG3 10 Si'is
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25


The cotton markets were only slightly
affected by the Illness IF King Edward
though the loss of the early gain was at
tributcd 10 that announcement. There was
only n slight advance III the American
markets at the opening. but this was main.
tniacd despite the fact that the weather
hdreau showed a better condition cast OF
the Mississippi Tho Texas report was
regarded as bullish, actual deterioration he
Ing reported in sections, and this served
to keep the bears In restraint. Then came
the news Of the kings Illness; had this
hecn given out before Liverpool closed
there would probably herc been break
and This may be looked for today If his
condition is as bad rs reported.
The New York market opened firm, with
prices unchanged to ) points higher and
continued TO work steadily upward during
the next half hour on eager demand from
shorts and foreign buying. added TO which
was some bull support and commission
aouse buying. The dominating influence
Of the opening VAS the cable news. which
showed a hrm market In Liverpool. Re.
ports of King Edwards Illness and that
the coronation has boon indefinitely post
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
SAN ANGELn Nnrrs

San Angelo. Texas, June 2l-E. u. Miller
OF Concho county shipped from this point
Yesterday 1000 muttonS TO market. Jonn
Hassard bought the interest of his brother,
{, .. Hassard, in 200 and 4-year- ola
steers here and 3O,UDO acre pasture on
North Concho. Lee Snyder. n Schleicher
county live stock man, shipped from this
point cars Of nice tat cattle-cows,
calves and steer and heller yearlings.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
COFFEE

New York. June "a. Coffec--Spot quiet +;
%. invoice 5h; mild quiet; Cordsva Sn
Si4, Futures closed net . points higher ton
June oniyl TO > points lower ana With the
tome steady: sales amounted TO 2l.I5i hays
including July Sld4 81; Deccmber l5M
3 20; March ; .40di6.o5; May .. 5oI5. 81.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
sHIPMENTs FRnM RRYAN-

Bryan, Texas, June 2l-J. Q. Adams of
Madison county shipped two lots of cattle
from here today. The first lot consisted OF
No head Of stock cattle and went to the
range in the Indian TERRITORY The other
lot was composed OF tweI ty.slx mules and
went to Hubbard City
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
NEW ORLEANS,
Especial to The Post !

new orleans La, June 2i--The New
Orleans live stock exchange roports. rne
demand for choice cattle only medium: ord,-
nary In fun supply and dull. Cornfed hogs
In request. No fat sheep on sale. Butch
ers supplies.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
New York Money.

New York. June 24.-Moncy on call steady
NJ 2l2@3 per cent; closed offered at 2I3 per
cent. Prime mercantile paper 4i2d5 per
cent Sterling exchange firm with actual
business In bankers bills Mt 4.S77S for dc
mand and Mt 4 s57s for sixty DAYS; posted
rates S604 ssh aud 4 ssl2dii 50; com
mcrcial bills 4 .siSs64 SI5s. Bar silver ~
Mexican dollars 42I5 Government bonds
steady: State bonds inactive, railroad bonds
irregular.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
COTTON sEED PRODUCTS.

Prime crude 81: OF crude 3siad34ls; prime
yellow nominal; OF summer yellow nom.
innl; choice cooking summer yellow nom
inRl Meal and cake-Prime - so: of noun
inHl
New Orleans, June 24;-cottou seed OIL.
rrime fshned In barrels sst; of rehned
s2i.; Prime crude, loose, s6n
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
H. & 8. Beers Letter

New Orleans June - Early liverpool
adyices were more favorable than expected
end our market, In sympathy. csened . 10
points higher, subsequently, improved =
to . additional. when II was aseertained
that fair weather prevailed throughout
tine belt with no rain drrin7 the past tren.
ty-four hours, being accelerated by the
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
SERENE BUT NOT INDIFFERENT

the copper trade helped the weakness OF
Amnlgamated and the internal dissension
over the dividend policy aggravated the
weakness Of Colorado Fuel. These 1-ocks
rallied smartly and were not much affected
by the final weakness Of the market
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
SUGAR.

Now Orleans. June "a Sugar Quiet /:
open kettle 2ha3 3-i6; open kettle certfi-
onds 2gS3-l6 Molasses Duh; Centrifugal
6dtJ.
New York June 2i,--Sugar- Raw; weak (;
fair refining 2Js: centrifugal 96 test 3SS
molasses sugar rs; reduced steady,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

Chicago, June o4-Csttle- p.oo,,.. .ooo
including 80 Texans: steady. rood ~ $50,
n. - ,,w1sQs.2 20; poor to medium 1 TSe,
Ion S'g9s ss s and feeders Jod5. %: COWS COWS
a. h toi ne,er. sac so; tanners 90
~-'V, oaiss 2'eSd2 rs; calves 2. soas 50;
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

unchanged prices Spelter ruled DUH and
nominal locally, London remaining as at
last quoted. No departure was made from
former rates for iron at home; The Eng
fish markets were somewhat lower. Glns
gov closed at 54s "a and MiddlcSboro at
40S Il,d
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
mn n. co.'s Receipts we're liberal at s54

oats were strong and ruled higher. but
were not very active Traders were not in
domnnd kept up well and bad crop reports
brought npturns. The close was strong
throughout the list July sold between
40Tsd4l9a and closed 1isc M at the higher
figures Receipts were liberal at 261 cars.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
New York Dry Goods.

New York, June "a. Prices OF ble\rhed
muslins have been reduced today 1, in Mad.
ing ticks Lonsdale ~, fruit Of the ON
IM Print cloths have sold az 2 cents Tor
regular. There has been no change in any
other division Of the market OF a cuotahle
character and the general demand Is quiet.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
Inndon Consols.

London. June 24.-Consos for money
a5 1916; account 1855. Bar silver steady
~ 7-1Gd per ounce. Money 2i4d2l4 per cent.
Discount for short bills 2EM2%s per ceut
three months bills 2EGj per cent.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

Liverpool, f-i6d higher.
American side, Houston 1-5 down,
others unchanged.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
GRAIN TRADE BADLY MIXED
EACH PIT AT VARIANCE;
NOW STRONG, NOW WEAK
contietino Reports Made Outsiders Wary
and Left Most OF the Business to
the Professionals

Chicago. June "a Markets on the board
Of trade were badly mixed today. Whereas
yesterday everything had an upward ten
dcncy. today each nit was at variance with
the others Manipulation seemed to be
to blame for the irrecularity of action and
the nervousness Of traders Every pit had
quick turns. now strong, now weak. The
gossip that one elevator had July wheat
in control that the Gates crowd had July
corn cornercd; that July oats were being
strongly advanced by manipulation. and
that the packing house interests were ar.
tlfclnlly booming provisions, made the out
sldcrs night shy of the pits and left most
of the business to the professionals After
strained fluctuations JuL' wheat closed
shade higher; July corn &c higher Sep
tcmber corn i4c up and July oats &c
higher. Provisions closed % lower to l1l2c
higher
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
BUT IT MAY BIZ LOST
BECAUSE OF KINGS ILLNESS
Houston Spots Broke an Eighth and tho
Early Gain in Futures Was Lost.
Weather Has Little Effect.
Al The CLOSE

AT THE CLOSE
Liverpool, unchanged to 2-64d higher
New York, 4 to II points higher.
New Orleans, 8 to 5 points higher.
cnnTc
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

Manipumtive fears spread into wheat
early In the day. A fairly favorable weather
map. snail business aud lower prices In
Liverpool because OF the kings illness and
scmr small selling weakened wheat n triie
at tho opening It was only n short timu.
however. until the talk of boosting Jul,-
OPTIONS NV Il leading elevator started m
upward turn Prices rallied fairly on the
alignment OF depleted stocks and slow
moving now wheat Corn turned firm and
after early reports of harmless showers
moro rains vcrc predicted After a small
upturn prices dipped again and fuctuatcd
narrowly but in an unstable mannc.
There was almost no short interest In the
wheat market july options opened NC
to l4c lower at T4A to I4le and dropped
n "a rallied 10 T4A dipped again aid
closed steady shade higher nj T4a,. 10
cal receipts were thirtyeiGht cars, six OF
contract grade. Minneunolls and Duluth
reported 80 cnrs. making a total for the
three points of 2SS ears. against 146 cars
last week and ~ GAYS A year ago.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
METALS.

Ssw York. Juas A.-Lsaa was steady at
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
COTTON MARKET QUOTATIONS.
Houston Daily Statement.


Bales.
Gross receints thus far this vock 31s
Gross receipts 2a6 DAYS this season i .!tSl .2S2
Gross receipts POS days laoolgot . .}ti4. n51
Gfnss recents 200 DAYS 1900 1900. / .T43. 100