The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-02-25
MONEY AND TRADE,
THE WEEKS WORK IN DALLAS,
The Course Of Trade aud IL Present Situation
Cotton Weaku-0Om frmer- Flour Quiet
Oats 0G-Meatl Easier Groceries Firm
Hides Down Notes and Quotations
DALLAs, TUESDAY an moon, |
February "a, lnsD,

fehluhrS ~ lnsp'
The week closes upon u quiet utgenerally
firm market, Cotton has had downward
tendency throughout but In spite of tho
greatest efforts Of tho bears 10 throw him the
old king has kept his feet, Whilst dull IN
tone since tho last general review Nil offered
has been taken at II! conls for mddlIng,
and other grades In proportion, Re-
cdpts md sales have been checked
somewhat by tho uniavorable news, aud yet
quotations remain precisely tho same rs they
stood last Thursday, 30 far rs the Dallasmar-
ilet Is concerned.
Corn has shown little nuCtuaton In prices,
Instead Of falling of, ia 80 many predicted,
tho demand Inns improved over tho past cor
responding week. Tho stock in tho city Ia
comparatively light. Its consumption has
not as yet shown any dimlnution, and will not
for several weeks TO como
Oats have declined, Tho inquiry for seed
has fallen to zero, tho soason for planting
being about closed. Red rnst-prooG all along
10 70 10 per bushel higher, Is not now
able TO command over md 4
nlore than ordinary feed.
Hay has advanced and Ia now So per ton
dearor.
Bacon Is M strong rs ever Dry salt
weaker and orders for fresh stocks restricted
10 less than smoked. Fancy hams and lard
arc still running in their old channels Trade
ia the hog product Is slowly improving,
Packers aro under tho impression tho South
will require great deal moro this than last
year, rs tho winter mas been too warm TO
save native meats,
Coilees and sugars have exhibited lrmnoss
throughout, and close strong aud with their
regular demand
The standard grocery market has been
more or less active, picked
and canned goods, crackers md
many minor articles have received their full
share Of attention. AT this season when veg
etables are hardly to BIO had at all fresh from
Che gardens, their substitutes IN cans are
freely bought.
Activity still prevails in all manner of
garden and grass seeds, and will do so 10 the
middle Of March ut least, when trade will
center upon the lator varieties. But IN this
latitude almost everything Is planted by the
tirst week in the third month, frost after the
10th being nominal
Eggs have become steady at 10 cents
Cor round and l29c for small or retail
lots. The heavy stock in town Friday and
Saturday has been worked off until hey are
within the law Of demand and supply.
Butter has been, and is in poor supply.
Dealers have been unable for tho past six or
eight daysto furnish the wants OF tho trade.
We have been and are short in country
produce generally, especially poultry and
vegetables, rs hardly anything except eggs
have been in sufficient stock.
Hides went down Monday, dry flint or
-'Texas selected" whatever that means, fall
ing to IA and other types in proportion.
Eastern markets are in state OF demorali-
1 so.' ~ 'n' '0"'''' '"'' anu "'' W." "'''
'"'-' ErNANCIAr.
FINANCIAL matters presented low sharp
poSns during the week. me money market
ues exnipiteu u sereno atntuue, WIN ah
ampie amount IN oahk 70 Iuiiy ACCOMMODATE
all the legitimate paper onerea LOT discount
Lnoeeo, .pis kinu - ilore syugn' .nan louhu,
there not oeiiig enough 70 keep the surplus
capital actually employed Inc purchases
OF exchange nave improved, merchants To-
curing " 10 pring FORWARD their spring
L
stocks. -,
Money is still worth one per cent
Per month as the MINIMUM ana
two as the maximum price, WIN
none beng loan q AZ the iatter except az
Tended with eAcepuohal circumstance
Gsivest5n. New Orleans, Nav York and
Rcaton'
In real estate transfers sales have not
b,en 90 numerous as remarked during the
several preceding weeks. Work is progress.
snc mon several large business houses going
,,n IN the centre of the CITY. with new build.
nos and renairs innumerable going on off
z rom commercial marts.
pIrTpOAD pACCrr
Nn,hi'
Assurances have again peen gwen during
the week that the proprietors OF the Texas
Trunk line, hence 10 oaoine fass, are not
only in earnest but are about to actually
begin the work OF grading the initial hity
miles. We understand contractors VIII at
once take the field with Their forces and that
the work will be prosecuted with all possible
dispatch. 49,.
the ctv for tho Pacific CONSTRUCTION com.
many wb;cb has already commenced bu;ld.
mo that road from Fort Worth to hi Paso
7C0 miles
OUTGOING freights are dull. Incoming
ssOS .'SH' "o '' "N"i"S