The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1879-01-09
Market RePOTIs.
OFfIcs Oh EursrER i Co.
HAMMERS. ALsT!S. TESAs,
lsnusrN { lS-a

>
January :, 1879.
, The course "f general trade has beer
81 " AMI -luERiSa dlfin.: the week
which vas broken by The New Yes,
: holiday and severe weather.
Even The continued better uticts TO,
cotton had ~ effect in Stimulating
business. Aniicipatiors If aac;ua,iops
In hgures for cotton will be reshz@d.
Tor prices are less trm and the mar
ket less excited, yet the tendeucy i.
Upwards on account of more activity
In the demHud for mills.
Liverpool sends a timer tone. and
the receipts a. the parts run Ugh,ey
which the stormy weather will de-
crease stlll more.
Our own market Is scantiIy suppl. ed.
farmers holding for better prices. We
! quote to-day: Ordinary, d lac; or
binary, Lee; low miGdling, &c; mid
ding, IA to : S-sc; good middiins.
l-2 to : 5 81.
Shipments from Austin aimee
September l, 1878, to De-
cemoer ~, bales. ..... 10 COG
by International, from De-
cember 81 to December 81,
inclusive. .....,... 22S
BY Houston and Texas Cen
llSt, 90. ..........., S3S
Total bales to date ... IL, 400
The difficulty in obtsining compare
ave statements obliges us To omit these i
in future.
The hide market has shown consid- |
cradle tirmness. All offers of dry flint
are readily taken at IL Ice; wet sailed |
were sold at 1-2 to 7c per pound. |
The supply is, however. small.
Wool remains quiet but steady. The
time Is not far distant when Austin will
become an important center for the sale
and purchase of wool. Fine wooded
sheep ale constantly introduced into
TINS and adjoining counties. We quote
medium st 10 to 16c for six months,
clip free of burs.
The full prices paid for wheat have
brought out some round lots. The
quality is, however. not as good as
could be desired. Austin needs a grain
elevator of sufficient capacity to store ,,
rom 1000 to O,O00 bushels of wheat,
ana farmers ought to pay more stten- ;;
lion to the selection of seed and the
cultivation of wheat generally. Corn
g scarce at so to soc per bushel. Oats
bring 35c, and tending upward.
Inc decline in pension certificates
continues; brokers are selling at rs to
% l-2 cents. The reason for the de.
cline is supposed to be the fear that y
he incoming Legislature will not make
he necessary appropriations for the
ecurity. We have no such fear. The n
aW may have been Ill advised and Il h
nay be good policy to repeal it, but a
he obligation is sacred one and n
'usht to be paid. Nor ought the cry :.
hat the certificates have been sold to a
peculators and are no longer in the :.
lands OF the veterans have any weight. Il
I appears to us of no moment what "
yer who is the holder of the obliga- {,
ION and what the consideration was n
which the holders paid, but the CUES a
ION at Issue is whether the States OBJ =,
lgation is legally out, and if out the f.
tate ought to pay every cent to the ri
egal hslder. ~
treasury warrants remain firm at &C
u cents, some money is coming iuto w
he treasury, and parties paying such il
ioney avail themselves of the opportu- "
ity to get one-fourth of the general IN
eVenue csshed in warrants.
0. h. accounts are weaker, clerks
nd attorneys command so / 2 to 81 w
ents. Rewards are neglected at 20 E
snts -
Land certificates are again lower; fo
ternates are offered at f57.50 With OF
80 bid; round lots could not be sold dc
over f47,50 each. S.rslghts are Of
llet at $3.50 and International at &215 ca
'i$23a for $40 acres. y;
Exchange is firmer; New York and {
J. Louis ia l-2 premiuu, and Calves sd
N IA premium. IA
Mexican dollars have declined to 80 de
,,nts. Mexican halves and quarters to ar
cents. a,
FRANCIS B. FORSTER. On