The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-06-27
Financial and Trade Notes.


The Chicago wheat market is depressed. No
cash Is selling for 80k@9OIs cents.
The present outlook 10 for n 600, 0cOG0O bal,
cltton crop. At $50 per bale this will sell fol
t3N,000O00.
Ex-Governor Davissays "Galveston must be
run iuto sweet water and the barnacle,
scraped off, SO that she may sail better.p
The treasury holds 1851 400, 200 bonds to Sc.
cure national bank circulation. National
bank circulation outstanding: Government,
notes, $3i2 $50, 600; gold notes, 81, $4,000.
The grain crops of the southern states prom.
Use such an abundant yield, little or none will
have to be imported from the west next year
Texas Will gather enough corn to run 1t nearly
II not quite two years.
The New York water transportation conipa-
MES have combined to put up their rates OF
freight. Therates ofTcxas will be increased
along with the balance. They say II IL un.
reasonable for merchants to expect Them. IL
work any longer for nothing, as they have
been doing for five or six years.
The boom in this country has made IL good
market for European; Asiatic and African
products, and hehce they have piled up enOr.
nous quantities within the last six months
and for the year ending June lst-S625, 900. 600.
Imports, however, with prices, are slowly de-
Ginning, but they are expected to pick up again
In July and August, or as soon as the pur-
chases for the fall trade begin to be made.
New York Bulletin, June 23d "On pretty
tame and uncertain, and general EXPIRE ssion
Of dissatisfaction may be noted. All views
have been modified since the opening of the
month, not only on the eastern markets, but
at primary points, with the giving way even
greater than hoped for by many Of the most
positive 'hears,' but as yet there is failure
to draw out the demand expected, and bust
ness drags all around. Manufacturers pres
ent wants are small, and none are willing to
operate against what they may require In the
future, while speculative feeling seems to be
entirely dead sfmong dealers, etc, with, In
deed, supplies held for investment more
likely to be thrown over at any moment tn an
aided to. The goods trade does not appear
quite so promising as last week, and THIS fur
ther detracts from the strength of the market
Advices from the interior are quite conflict
lug, mt in general seem 10 show that produ-
Gers are not yet prepared to accept the bids
making, and buyers are standing off or with
drawing altogether. Including some parcels
before our last, we hear REPORTS of 5000 lbs
spring Texas, Sic; 1900 do, sic; also l3 900 lbs
spring and Il. 600 fine Texas on private terms .
AS one. great and convincing evil
dence of the prosperous times upon
which the United states have en- tered the
value OF exports from the port of New York
for the week ending June Is, was Sl0,s02 ,522
ornearly M illion more than was ever before
recorded during the same length of time In
the history of the trade The next highest
figure, 80 49, COS, was reached In September
last. During the present calendar year there
has been pretty constant increase from week
70 week, the lowest figure being 81, g9S,157 for
the week ending January Is. During the
twenty-iour weeks ended June Is the total
value OF exports from the port of New York
was about Sl95, 500,0 900. AS the exports from
New York are usually legs than one. half Of
the total from all American ports, IL NAV be
assumed that this total for the current year to
the middle OF June was more than 1888, 600 O00
or at the rate of nearly 500, 10000 for
the year. This isconsiderably below the figt
nres for last year--upward of s520, 500. 0C0-but
II the exports continue TO increase throughout
.ne year as they have done hitherto, the fig
smeotner hand, imports, which were much
Greater Ia 1879 than In 1878, are now decress-
,ms; During the twelve months ended April
sclo, against s4i2 2i0 900 for the twelve
ti7s. 600 900. W. u" increase Oh