The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-03-31
MONEY AND TRADE.
DALLAS WEEKLY MARKET REVIEW.
Cotton Irregular ana Lower Corn kN-
cited ana IIigher-u Bacon Firm
General GrOceries siendy-
Produce Nominal,
DALLAs. Tuesday an moon, !

March co. ihsO. I
In the main the grocery trado during th'
week ending to-day has been satisfactory
with prices of shelf goods preserving thelI
buoyaney and floor or warehouse articles
where changing Mt ALL going higher The
failure of carly vegetables TO reach our table,
In consequence Of tho frost on the lllh o
March, has caused tho winter demand fol
canned to keep up later than usual, Sugari
and collees arc more firm than ton days ago
though n his market they aro not dearer
Meas hAi boon In improved demand
with only moderate stocks in town, md
although a fraction higher in net
uni quotations ia western markets,
have ruled stcady here, Wa have
now entered upon the season
Of the year when their consumption Is great
cat. The outlook does not, however, indicate
any rcmal kabc changes In values nj any near
future day.
We have had nm exciting week In corn.
On Friday tho stock ran down W few car.
loads, On Saturday stock and receipts
were sold 10 within iow BUSHELS On Mon
day the floors were swept clean, aud Tuesday
there WINS mono nj all In town outside Of
few retail bushels which were selling nj any
prico asked, A better supply Is cD route
and will DO on the market, when something
like regularity will again BIO assumed. Both
merchants and shippers hayo cithor been
negligent or failed TO comprehend the true
situation, which has caused tho momcntary
scarcity.
Imported 0ours have been steady, and in
moe limited supply than for several months
Tho Dallos mills have lowered some Of their
inferior grades. The tone of tho market is
better and the position regarded rs much
stronger than week ago.
Hay Is scarce; indeed there
ia next to none at all in
town. There is IN active demand
for it and full prices could bo realized it any
were offering,
Hides aro higher and more buoyaut An
advance of ! cent is reported. Tho receipts
have been small and generally of inferior
grades.
The wool market will open April LIST. 1t
is anticipated that ii will be upon the basi,
of 30 cents, and perhaps ms high Ms 32 and 80,
which will be determined by the dispatches
that day. Texas ought TO DO the great
Cat wool growing country on earth
md doubtless will be some day.
England and Wales contain $500 SQUARE
miles, Ireland 1854, and Sc tland 86,6S5,
total l20,S70 square miles. The State of
Texas contains 27i355 square mics, md vet
Great Britain and Ireland produce very
of tbs tinted States With "1U. "s i"g wnole
limited area. any part of which ia ovniIohpo
for sheep growing, we yet arc large impor.
ters of foreign wool, over G5 ,0OO,06) no,,nds
having been imported during tho Ia pt, reaS
as against about 35,OOO,OOO pounds tbe year
previous. notwitbstandng tbnt tboro 50"a
heavy import duty' In View of ,hnoo fno,'
il has been suggcsted That il IA mn, !. ' i;uTo
surprising that CAPITAL does NOT soem f., Gow
in he direction of wool growin vii, ' Th w n nuw
duction of wool seems 10 be ~ vorr nv iu, prU
tant factor in national indenendeunSs 'n "nd
in other countries, particplarlv in " Graas
Britain, considered an essential part OF nearly ,