The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-05-12
MONEY AND TRADE.
DALLAS WEEKLY MARKET REVIEW.
Its Course and Present Position of
rrnde lotion Steadily Declines
Grain stands Firm Meats 20
DOwn..W0 FaIls.-Butter OH.
Eggs up.-iron Easy and
OH-Etc.
DLLLAs, Tuesd " Afternoon, !
NAV II lAsn

NAY H. lssO
T.s amount Of trade for the weeh ending
.o.IaY has not been as great as the previous
corresponding time, yet in some lines il hal
oeer sati factory. 1t is between seasons il
the saie Of country productions, cotton being
oll CoRb and wheat and other summer crops
jGst goalug on. The wheat market will opep
na.. Nsek, bu. it will scarcely be active before
the Is! Of June. In spite of all reports to The
= contrary, there will be lots of wheat in The
cJuDzy for sale, In this county, even, where
tie worst luck has happened in North Texa.,
tlsrs Eill be an average of l2l to 10 bushels
- the acre. 20 Is considered the maximum.
Tie wool and wheat crcps will put great
dea, Of additional currency in circulation
end have salutary effect upon business gem
orally. As money Is not by any means stin-
CONS now, this added to that on hand will
help us 90 through the summer without
mach trouble.
The demand during the week for proyl-
aions has been steady. The hot weather has
spt 10 with earnestness and smoked meat.
ha7e sold well, but tho revised quotations
Lis morning place sides at * TO 8lc, and 4
nm. The stock has been ample. The
s!tion Of meats at the packeries does not
icate better prices at present.
)orn has been in ample though not Excess
tsupplH IN good demand, and has stood
one price throughout The receipts have
been les5 than the sales, and the
amount in the city Is getting
Row We hardly think it will foot up over
eightor ten carloads all told, if that. Req
ulA- purchases Of milling aud for city stock
tsad are being made, and there is still a good
DIAL going ~ the country for horses and for
meal.
Elour has boon in steady demand, the
gross sales amounting 10 as much as any
piss for month or two past. The stock
g own ID only moderate compared with the
meg. It was been barely steady. That is,
e.lrdard imported, quotable in small lots at
t,.Dper hundred, was lot go nj S3.I0nS345
"a .hrge quantities. Tho City mills vii
s241ato grinding new wheat by the 10th, they
1eg,. and are very cheerful over the prospects
o fnving enough Texas wheat to keep them
mnn,ng for year. They have had crow
. siag time OF il for the last few months, not
aaing other than imported wheat, which
t1NAb phy'
hay has advanced. Oats are very scarce
arG irm, but the new crop Is nearly ready to
spring upon the market
ilorn-meal has been steady at 81 309Sl.35
per hundred, with plenty 90 hand.
Nov Lriah potates ARE in moderate stock
and sem 70 readily command 81 10 per
bllshel, and - perrol, when offered that
way Tho major portion of receipts is
yet come TO US from South Texas, our own
cr5p hardly being large enough yet to dig.
5dgars and coiioes syrups and molasses,
ms'a fraction dearer and close very firm.
Iides have been irmer and stand solid
at * cents for dry flint The Eastern mar
ktte ire more settled.
1Rool has made further decline and is
atl pery unsettled. The excitement prevail
upon and after the opening of the season
his ,aoled down. Buyers have lost on nearly
al 10y have bought SO far, and are not DIS
possal to purchase at figure without margin.
The Boston Wool Circular of Walter Brown
y %, ia discouraging in tone, and not II de.
cidedy bearish feeling in that market The
Circular quotes Texas rs follows.