The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-10-14

COTTON.
There were at least two hundred and fifty
bales on our streets to-day, and while we do
not advance our quotations prices are very
firm and buyers anxious. II is thought by
many that cotton has seen its lowest point,
while others less confident think that in a
few weeks there will be material decline.
The prices are now rmunerative to the pro-
dueer and it is probably favorable time to
sell.
Good Ordinary OBSERVATION-DISCLOSURES. 81
LOW nluunhg '.,.,,t .,,..,.,,........ Wa
Middling. ........... ............... 10
strict mlddnB .,.,.,.,. OBSERVATION-DISCLOSURES, lOh
uool mlddling OBSERVATION-DISCLOSURES. lO!l
Mludllhg iOlr "",ur,".,,,uu,,,,, Iva
The overland movement of cotton for Sep
TENDER is larger than any previous year for
the same month. The gross figures for
September reach 46Sj2 bales, against a.
8i2 bales for the same month in 1880, diff
ference in favor of 1881 of 1920 bales. The
net movement for the month is also in ex-
cess of ycarago, being 80 500 bales, against
22,S09 bales last year, or an increase of S,0S7
bales. While the overland movement thus
shows considerable increase, the receipts
Mt the ports have fallen off 36,42l bales; it
should, however be remembered in cOnnec-
ton with this latter fact that the interior
stocks have increased IS, 105 bales.
Under the facts disclosed by the foregoing
statements, we shall fad that the portion
of the crop which has reached market
through the outports and overland and
through southern consumption in Septem-
Der this year and last was as follows:
1881 1890
Receipts at tho ports to October t.
bales ......',................s. 1926 bs,47s
Net shipments overland during
same tllne,.... ....,.,,"....., 3OSb 1908
Total receipts bales .,,...... 1926 i76, j1l
Southern consumption since Sep
tember l,......,,,,,............ 10000 1000
Total to October /, bales. .,: az 953 AL, 52l
The decrease in amount of cotton mar
keted during the first crop month of 1881 is
thus found to be lS,5GS bales.
The northern spinners have taken during
tho month of September 81 ,6SS bales, an in
crease over the same month in 1850 Of 1889
bales. During the same month this year
southern spinners have taken 10000 bales.
An additional fact of interest is the total
OF the crop which was in sight on October l..
We reach that point by adding to the above
the stocks remaining at that date at the
interior towns, less stock held by them at
the beginning of the season. In this man
ner We find the result for tho two years on
October TO be as follows;
lsSl 1850
Total marketed, as above, bales i72aS 4S5 52l
Interior stocks In excess ofSeptl. 1000 jl0OI
Total in sight bales 5l2,O53 5S652l
This indicates that the increased
movement up to this date OF
the present year is Gaze bales.
1t is difficult yet to approximate tho yield OF
cotton in the southern states. In Savannah,
Georgia, up to 0ctoberl0, oighty-two replies
had been received from fifty-one counties.
Tho weather has been warm and dry for a
month past and favorable to picking About
three-eighths of the crop has been gathered.
The yield will probably average 100 pounds
OF lint cotton ~ the acre, and compared with
last years is about Is per cent less.
Replies from twelve counties in Florida
report the weather during tho past month
favorable, There are general complaints of
injury from drouth and worms. The yield
has been cut off thereby % per cent, esti-
mating the yield at less than 100 pounds
of lint cotton per acre. The Sea island sec.
ton has had the same weather with the
same results Halfof the crop has been
picked, and the yield, ne compared with
last year, Is about 20 per cent. less.
Tho regular monthly crop report of the
Memphis Cotton Exchange comprising the
district of West Tennessee, North Mississip-
pi and North Arkansas, embraces eighty
responses. Nearly all report the weather
during September as having been generally
favorable for picking,
Tho damage by drouth, rust, worms and
storms is reported by all as serious-lyerage
81 per cent. Nearly all report fruiting
badly, with serious shedding of forms and
bolls. The responses indicate that % to 20
per cent. of the crop has been picked
average 81 per cent. The average yield is
estimated at 315 pounds of seed cotton per
acre, and estimates the range from % to 75
per cent. less than 1SS0-averagc 81 per
cent, less
Tho Chicago lnter-0ccan says:
A Chicago cotton commission house re-
ceived this dispatch yesterday from a man
who has traded in cotton for Years:
INV YORK, October ST. believe cotton
is good property at this price; there is no
doubt but what the crop has been consider.
ably damaged. The position of our market
Is this Calvin, our largest operator here,
has been depressing the market by large
sales for two or three days, but friends tell
me that he i, satisfied with present decline,
Chicago has been big buyer today and YES.
terday. Dillingham; Il Co. and l.estor have
bought q good deal of cotton. Liverpool
market looks as II 1t had turned; If so our
market will certainly do better. JIM"
Another Chicago house permitted rep
rescntatiye of the lnter-Ocean to look at
the following cotton dispatch, also received
Saturday afternoon:
"NRw YoRK, SIT any of your friends
want to take a safe flyer, don't think YOU
can make any mistake in advising them TO
buy cotton, The last few days has created
considerable short interest and shook ont
great many weak holders | would not
be surprised to see II take quite n start IN
any day. The crop is going to DO short aud
the consumption large. Elk, W.
FUTURES.
Futures In New York have been irreru.
lar and closed shade higher. opening M
II S3lgll 81 for January advanced 10 bOtG
o. then rocedcd TO Sl@S2, and finally
closed at 1l.s5(Dii 50.
In New Orleans they opened at II 47M
II 20 for January, and gradually declined,
and closed at ii 30.
In Liverpool they advanced an eighth of A
cent closing at O ~ for February. We
quote as follows
steady. N'VsN"
sales isi, obalcs.
49,, rsTRDAy TODAY
vutopot ..."...... ..."..1 II N6ll1 10 II i2@ii a
noyembcr ",.,.,.."".ll i,eDii i6ii 5saii IA
pccember, .,...,,.......ll1 60ap IN 6Geoii a.
:. -.