The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-06-04
MONEY AND TRADE
.EsrERpAvs MARKET SITUATION
The Cotton Positi0n-Mea's' eor"'
Flour and All Else STEADY Not
Enough Selling TO Make
Change''-NOtes and
Quotations.
DALLAS, wednesday Afternoon,


.rh Gre was some business in orders, but
spots were quiet. saint enough selling to
make change in prices" remarked whole
sale dealer this morning. The prospects for
an early resumption of trade are hattering.
Clear weather will revive the markets, for
then the farm products already harvested and
which will be so soon as the sun comes out
and tho earth dries, will be brought forward
and sold and the mony converted into gen
eral supplies.
The reports from this and Denton counties
are that wet weather still interrupts the cut
ting of wheat. The crop has only been hurt
in the apprehension and not in the fact, and
farm ers say it will take great deal more
rain than we are likely of getting TO make
wheat sprout They talked serenely about
the situation until they mentioned corn
when they became enthusiastic. "Fnest |
ever saw" they all said. They spoke in the
same tone about cotton. The grass, how
ever, is growing apace, and the moment
the ground permits there will be
plenty of work to do killing it OFF. Corn has
been about made and will require but little
more work, leaving colt N the only crop to
attend to from this time forward.
Meats were quiet and unchanged. 1t Is
stiffin st. Louis ut u.
Corn, tile mand, and the old rate of 30
for mixed, and So for white paid Aside
from a small city trade and few orders from
the immediate country, there was no de-
mand. Nothing is going out by rail.
No wheat was received, and none is ex-
pected until the rains cease.
Following was the situation of the Chi
cago and st, Louis markets on May 3lst:
ST. Louis May 81, $3.50 p. m.--Wheat
higher; june, 81 OLE; July, 925 August
so 78; year, SO IL, Corn steady; cash
SO IS; June, "a 1-9; July, "a; August SAL.
Oats easier; cash, 81 Ia; June 80 7'S; july
25 IL.
Chicago, May 81, $3.50 p. m.-Wheat
higher; June, ST OF Ia; July, 90 Ia. Corn
lower; June, So IL July, IS rs; August,
36 to 36 1.S. Oats steady; June, so ga +;
July, % IA August, % 7-S. Pork--June,
$40 20 bid; July, $40 30 to 10 80 IL; Au-
gust, $40 40 bid. Lard June, GAP ID did.
July, $50 bid; August, $50 bid. Short
ribs--June, o.12 IL bid; July, go; Au-
gust, 6. %.
Flour is dull and in buyers favor. tits,
however, not quotably lower in this market,
although it is going down in the Western
towns. The ST. Louis market is thus quoted
"'Weak and easier; demand light, and prices
in buyers favor. Sales 81 sacks low grad S
Mt So per barrel 40 barrels at rs %, 60 at
So 40, Ia at 81 10, 100 at 81 So 3S5 at
"a rs part delivered, 25 at ST so, $50 part
Il. trscl at $i 80, 40 ut $5 SO ut So 05, 100
at $5 10, so at So u IL, 225 ut S. % del,
1l2 onp. t."
In wool there was spiritless market. The
offerings were small, with buyers and sellers
both Indifferent So far as Dallas is
concerned wool is held in a state Of sus-
pended animation, with no present prospects
of an early resumption. The markets every
where are dull and feess, and, if doingany,
thing at all, tending down. 1t sa question
of endurance, which can hold out longest
the producer or the manufacturer. AS in
Texas, the wool-growers Of the Western
States and Territories are refusing 10 accept
present rates for the spring clip.
New potatoes are freely offered, and are
lower to sell.
Strawberries are still plentiful, and at old
prices. So are other berries.
Butter is in fine supply and freely offered
at twelve cents.
Eggs are in next to no supplyat all, anC
stiff AT fifteen cents from first hands.
Hay and oats are freely offered and are
tending down.
The minor markets are quiet ana sale;
from wsgoEvery slow. The late rains have
given the vegetable kingdom all the life i
can bear, and everything is at hand in tn
greatest abundance.