The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-10-27

We are pleased to note that our efforts to
give reliable quotations OF the markets are
being appreciated. We again assure our
readers that our reports of the cotton mar.
kct, as well MS Ill others, are ms reliable as
they can possibly be made without regard
to what effect they may have upon the
"bullsn or the bears We are pleased to
publish the following
EAsTLASD, Ten, October 81, 1881,
EpiroR HERALD:--l write in regard to
your cotton quotations. | subscribe for
your paper expecting it to give me prices
that could actually sell for in Dallas, |
am proud to believe you are doing it,
Hope you will continue same to satisfaction
of J. T. YrARGF..
The reports from New York state ita
cotton is easy and quiet, Without giving
quotations.
New Orleans spots closed an eighth lower
than last evening, but quiet. Low ordna-
ry s; ordinary %; good ordinary 1911; low
middling l02; middling III; good middling
1ls; middling fair l2s; fair l3s. Sales $50
bales
Galveston sent out no quotations. Re-
ceipts ,6iS bales.
st. Louis spots closed quiet; middling III;
low middling l0a; good ordinary l0s. Re
ceipts 9, Dos; shipments 2,336; sales 275; ac-
Liverpool spots were active and firm;
middling 6 ZIG; Orleans 6l. Sales 5000,
of which l5 100 were American.
The net receipts ut all the ports were b.
355; exports to Great Britain, 2,939; France
4,l4l; continent, 2S,577; channel ports, none;
stock on hand, 627, 0i6.
1t is an evident fact that cotton is not
going forward as rapidly this season as it
did last year. Planters all over the south
are holding their cotton in anticipation of
an advance, and at nearly all the interior
towns the stock on hand is larger than u
year ago. Dallas is not an exception to
this rule, and we have here now nearly
twice as much as at this time in 1850.
Many persons believe that the visible sup
ply of cotton is this country and Europe
ut this date Is less than at the same time
last year. From the New York weekly
cotton statement of0ctobcr 2lst, we learn
the following facts:
Stock nj all U. s. ports. 1900
Last year OBSERVATION-DISCLOSURES. bOSOO
Stock al ali interior towns 100000
Last year. NEUTRALITY-SUSPICIOUS., 5000
Stock at Liverpool ..",..'..,.,.,,',. 2OoO
Last year Observation-Disclosures. $4,000
Stock OF American aiioat for q Britain, $4,000
Last year, NEUTRALITY-SUSPICIOUS.. 2aiOC0
From above IL will be seen that there are
at this time in Liverpool ailoat and at the
United states ports anu interior towns,
Az, 900 bales, while at the same period
last year there were ,235,000 bales, 177,000
more bales at this date than there were ut
ut the same time last year The total re-
ceipts at all the United States ports this
year has only been $4,000 bales, against
l,0S5,0O0 last year at same date.
These figures do not indicate that the
crop of the world this year, taken in con-
nection with the surplus left over from last
year, will develop any scarcity of the sta
pie, or at least such shortage as to bring
about fabulous prices.
The staple and quality of the crop of In.
da is far rom being as good Us that of the
United States, and English spinncrs use
them together in the manufacture of their
fabrics but the Egyptian cotton is superior
TO either, the staple being longer and of n
better quality The crop there this year is
reported as being nearly double that Of 1850.
ST. The crop ofih world will probably fall
short of that of last year. but the deficit will
not be as great as many anticipate.
FUTURES.
Futures were weak yesterday and dc.
cllncd both In New York and New Orleans
In the former city they went oil about
eight points for January, aud tho latter
about three points. In Liverpool there wa,
no material change, but price very firm.
NHw York, October 26.--Futures CLOSED
steady Sales 5000 bales