The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-04-23

,y dealer ocalling Il half day mi going H.
hhlng" sill tho present outlook for sum-
mpr bu.inoss 70 obliged to bo encouraging
whom compared with last ycer The couh'
ay Il fully onc.third stronger financially and
asarco OF provisions md clothing There's n
hrgo per cent Of the money the coiionerop
lsought etill on haud ard held IN reserve for
Irldelnp oyor the anticipated annual strln.
rncy, which usually begins IN May and lists
mt tho middle Of August
Cotton opened In Liverpool QUOT win
middllng upland q lb'ld ana Oteaus a.
New York spots opened quiet FuluTV 10Y
d or 7 point6, which were ebout recovered
during the day, New Orloanl spots we're
flcaiy, with middllng bringing ne,
D6Ilas was dull, with little oforing and
mlddllng unable 10 oommand over lOl' oar
rrop of 1870 IL virtually gone 10 markell,
there not bong over 1000 bales In town. ma
not oydr that much IN the country TO come
Our already gluttod corn market was rein
forced this morning by the re- oipt OF hNe
additional cnrlonds, There aro between
10 and a carA In town, or something like
1000 bushels lf tho demand does not i'm
provo, this h enough 70 supply tho trade Tor
ityernl weeks. Tho prices gwen below nro
tOsl. Having reached that point, holders
me very reluctant about taking loss, but q
s.rut' Salo or two would cause u DOWNWARD
,snmpor along the whole line.
There was little doing in meats.
Flour Is barely steady, with holders anx-
tpusly watching tho tumble going on Mt
'sheat and -four contors.
Corn meal Is scarce, indeed the market Is
quito dull to-day, but six carloads will be
down tomorrow and Saturday.
Sugar. arc firm, Syrups very firm and
With choice grades active and scarce.
Conccs firm aud unchanged.
Rice Ia of to SIC.
Tobacco Il firm with nayios having an up
yard tendency. Finer grades quiet 10 nom
NAL
Crackers are weak and depressed.
Canned goods dull,
Potatoes, old crop, dull AZ $3.50, with right
mart "sprouling" Offering. New arc
roing of AZ mining town rates--that Is, sell
b selling regardless Of party lines, regular
nominations or of that place which Bob In
rersoll says there Is nothing OF.
EGGS arc trle cyclonish. Butter Is in
rood supply with buckets l7c, lSc, and re-
Ailers selling ut two-bits, and picking up
twenty cents when laid upon the counter.
Commercial Notes.
Tho Now York money situation is more
satisfactory. The banks show stronger re-
,eryo and turn has been taken In the out
TOW, there being an incoming tide noted.
But tho1l ening Post says nobody will expect
d to DO rs cheap MS II was last year In
saying this wo wish to distinctly put on re-
cord our belief that money will at no timc
this year lend al US low n ratio MS II did last
year, and that anything below per cent. on
stocks, or 3(@4 per cent. on United States
bond collateral will be extreme rates. Says
ahat paper.
Ofthe ST. fouls grain market situation
the Republican of the 10th says: Easy seems
10 be the descent of the market for weeks
past, for only on an occasional day has there
been any check to the decline, and that only
for tho day, nor always maintained then
and tho question. is now asked not unirc
quently, @Don't you think No, Q will 60 to
n dollar" IL ia quite evident that tho mar.
lAVt 10 huW huoNhiHph W bho tpih"uoiN
aNew York ring" and this, with the calm
indifference of England, reduced exports and
thus far favorable reports of the crops of he
country has had the effect of removing all
the Stiffness, and prices have daily settled
down with large disparities from day to day
To the present low value--the sales Of yester-
day causing q decline of No. 2 red winter
since last Saturday week Of 73c. and from the
highest price of the crop of 1879, Of full 800.
But in the afternoon yesterday only Sl.O8i
was bid Other grades cash have accom-
panied in tho downward tendency, but with
out reaching 30 prominent u decline, Corn
and oats have followed wheat, and both MS
steadily, and proportionably with the interest
in them, as considerably in their declines.
There has been no silver coinage in France,
Great Britain, Germany. Holland, Italy, or
any OF tho scandinavian countries, since
1877. To-day the United States leads all
ether countries in the amount Of its gold and
silver coinage, while in 1913 it held the tenth
place
Government contracts for 10000 ounces
sulphate of Quinine were closed on last Fri
day at $3.50 per ounce. The entire amount
b Of foreign manufacture and in ounce
phials. Compared with what the cost of
American would be, d. Manufacturers pre-
sent prices, there is difference of $4,000
saved to the government.
Tho New York Commercial Bulletin, Of
Saturday, says: "The speculation in opium,
which has excited SO much attention of late,
Appears to waver for the moment AT all
events, sales were effected yesterday ats
decline Of from % TO 8llo. from the highest
prices recently paid. Tue sydicate appear to
have had things their own way so long rs
they were active buyers; but now that their
Aoldings foot up heavily and the drug trade
proper, as well as the outside public, are
nanifesting no inclination to take hold, the
prospect is not so cheerful us it might be-
lT6e number of old salt wells in operation
IN Michigan In 1879 was 1859, and the average
product per we'll 12,160 bills, eQualinr a
Grand total Of 2,055,040 bbls. The number
Il now wells that will be operated in 1880 is
"a; the amount they will produce, based on
the above average, Is 6S6,6i0 bbls. The total
salt production last year was 2,055,040 bbls;
estimated increase IN 1880, 656,6i0 bills,
.sAlSing The total for Michigan, 2,7ll,680
bNs. DF y q
Philadelphia advices state that pig-iron
prices 1t furnace banks range from S2Sa30
Ne grey forge, and $80a32 for No. foundry;
seme ask more, but some might probably
rosspt lees Cor lots of 500 tons and upward.
There Is very little disposition to purchase,
however, aud actual aales during last week
refo qnite insignificant. The capacity for
production N this country Is equal 70 con-
3umDtio0. and evprv ton If ;ros io,norfel q.