The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-12-16

quote to-day;
Good Ordinary ........................,.p OK
Low middling. ...... ...................l 10
miuIIllB ;;''''''''''' ................ l0ls
uoSu nlluunng ACKNOWLEDGEMENTS. IL
iu'h iuit'''''..' '.''''''....'.,...,...,..l IL q
The HERALD has always maintained. that
whlle II believes the yield of cotton the
present season Will be below an average and
greatly under that of last year, the damage
done to the crop while growing and ma
turing, by drouth and other causes, has
been greatly exaggerated. The facts are
that year after year, during the 60 g., and
OF rac. 80, inc greatest number
i FE.me IN the South honestly conclude
C,e CTol'l sometimes from one cause and
sSmpt'mes nom another, will fall far below
az average ana the Mpply demanded Tor
The worlds consumption be cut short.
This was true of last Year, when this coun.
try produced the largest crop in its
history, and long after the holidays,
reports and estimates were telegraphed
all over the South, that in many districts
the crop was failure in other localities n
half crop would be raised, that the bolls
were rotting on the stock, that the rains
had caused the cotton to shed and many
other similar reasons given why the yield
would be light and the staple prove of
low grade, In view of the past, the HERALD
is inclined to take the present statements of
the damage done the crops by drouth and
worms ami rains with good deal OF al
lowance, The heavy receipts so far at all
the ports inns season, the amounts of raw
cotton IN the hands of spinners both in this
country and Europe, the unprecedented
stocks on hand at all the ports. conspire
to relute the belief that the
yield this season will fall so far
short OF an average crop taking the last past
live years rs basis for an estimate, There
can be no doubt that the estimates of the
crop in this section, by some of our best in
formed cotton men, will prove wide of re-
suits when known. 1t should be remem-
bered that the receipts of Dallas, compared
with those of last year and the year befc
cannot be taken as criterian of the ~
the present season, The many 'ett
springingup all around u.s. on the own'
roads just completed, are rece' me oil ran
that in former years came h wing ootIo'
our receipts. The whole ire ana swelle'
son county was heret ,roduct of John
the ' Sreatcr numhor 1T Worth, Will,
i'm the REGENTS oe .ol bales are now counted
having railroc Cleburne and other town
be the Hrr Id communications. 1t ma,
be grea'' AIDS wishes that the crop will
tur to the thought that the crop vii
y N out better than estimated, but b,
mat us IT may, there is genera
feeling now that the yield becomes NOR
satisfactory to the planter as the piokin,
season closes, tits asserted, however, tim
the crop matured earlier this season tina,
usual, and was rushed to market durinl
good weather, but this latter statement chi
only be verified when the crop is all IN th
elevators and warehouses.
THE st. Louis Republican, discussing IN,
late influence of rapid crop deliveries, saws
There is o strong undertone in the markc
that should iorewarn the short interest of
rapid appreciation, and numerous orders l.
buy handsome round lots were executed b.
all the, brokers. The English market IL dc
pressed by the heavy recent,
and tho national conservation of the sin
ncrs which teaches them to always hold of
: to the last moment, with the hope of fore
ing the spinners this side to discourage som
OF their heavy doings. Their persistency Il
ignoring the short crop estimates Is n RI
markable feature, and II IL said that I'M
spinning interest Is building its prospects a
lower prices on crop OF 6,50O0Oo bales
whereas the most sanguine statstician
here estimate the shortage at 900, 900 bale,
Tho BRENNAN Banner is indebted TO MI
VIM. Thompson for the following Statement
OF the receipts and shipments of cotton a
BRENNAN tor two weeks ending December
1881: Receipts, $40 bales: shipments
2,l7o bales; stock on hand 503i bales; toto
: received this season, 1900 bales.
IN Liverpool tho market was steady an,
prices unchanged, niddlings g-l0, Orlenn
9 ll.l6, low,middlings 0 7.i6, good ordinar
1o.l0, ordinary o I-S Receipts 1890; sale
| doVv OF which 5000 were American an
700 for expectation.
4, New York opened dull, prices nominal,
unchanged, and closed dull, middlinr
, ii rs. Snles 33i.
New Orleans opened quiet and close,
steady, mlddlings IL 3.S. Sales $500.
Galveston closed firm, middlinrs II is
! stained aud sandy half cent lower. RI
seiplt. 3,3vt sales 300.
" s''LOu's closed quiet; midding IL. Rc
II