The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-11-09


and it is doubthlif there will be an i'm
provement for weeks to come. Still there
is an uncertainty about the crop ofthc world
and should ii fall short of the estimates
there may be an advance in price, but it
cannot reach the fabulous figures many
look for. We cannot advise any one to
hold for higher prices, nor can We say that
there will not be an advance, We give the
facts and figures as they are brought to our
notice, and desire every one to be his own
judge of the future market. We quote to-
day;
Good Ordinary ....,,,..,.,",,.,..,,...9
Low mlddling ",.,,, .'r..r.',...'',..'. va
Mludnng .,..'''''''' '''''' '''''''''''''''' iU.e
G1cd middnng ....,,,.'..'.'''...,..''.'' IVA
Midoing lalr. ACKNOWLEDGEMENTS IL
One of the most interesting articles we
have yet seen on cotton is published in the
New York Mail. 1t says the total yield of
cotton in all the southern states raising it
for sixteen years before tho war was 49, 1885,
coo bales, ending with the season of 1860 =
1861. For the sixteen years since the war,
commencing with 1s65-1SG6, and end
ing with lSS0-lSSl the crop
amounted to 63,135,000 bales, an excess Of
yield of 1l029,000 balls, or an average
annual increase of $4,000 bales. The entire
acreage in the ten cotton states planted to
cotton this year is 1882 ,09G, gain over
last year of 6i,496 acres. In 1871 the en-
tire acreage was about S,G66,2l giving an
increase of6, 725,S79 acres in ten years For
these l0years Texas shows the greatest gain.
In 1871 Texas had but 900,037 acres against
2,ii3,Og this year, a gain of 1,Gg,065 acres
Louisiana is the only state which has re-
duced its acreage in the same period, in
which it shows loss of 1860 acres. The
twn gn.pnllp1 Arb q
and Texas, produced 100000 bales in 1871
and l,7i5,000 bales in 1880, an increase of
over 200 per cent. The crop of 1880 was
disposed of as follows: Exports to Great
britain =, 1882 COO bales; to the continent, L.
733,OO0 bales; total exported 1866, 600;
home consumption, northern mills, LIB
600 bales; southern mills, 100000 bales;
total crop, G,606,oo0.
The st. Louis Republican has the
following: There is lively interest
in what may be the outturn of
the cotton. crop of 1SSl-S2, and some
very remarkable effects of views have been
displayed in the speculative future trading
in home markets: The great "boom"
of some weeks ago, melted by dire reports
of disaster to the crop from drouth. and the
powerful bellows-blowing of the short crop
side, has passed by, and since the markets
have boon not only free from excl tsment,
but have ruled day by day with slight
range .noticeable-a fact really the most
valuable as to the strength Of the market
value NJ present rates. and somewhat as
surfing of even higher ones. But there is a
wide difference of views on the crop. and
for time, and perhaps yet, the "short-
crop and higher prices opinions are in
the ascendant, As the view of one gentle
man largely interested in cotton is given
the following informal figuring by him yes
terday on the cotton exchange: For in
stance he says, "the crop was last
year in round numbers, 100000
bales old crop, over 100000 bales; total
supply. for the year, 6,S00,0O0 bales. In
1000 bales, making an available supply
of I, 10000 bales. Say the crop this year
will be 10 per cent. short of the total supply
the result will be 600 600 bales for 1SSl-S2.
This is merely the opinion of one, and is
given for what it is worth.
fhe Globe.Democrat says Bradstreet now
reports that the cotton crop of the country
will not aggregate more than 4,500,000
bales. We begin to suspect that Brad. is an
aggravated type of "bull.n
The cotton exchange in New York was
closed to-day to give tho members an
opportunity of exercising that great pre-
rogative of free government, and which
the New Yorker appreciates, the right to
vote, II is election day.
In New 0rle ans spots closed steady,
middlings llb. Sales 1000 bales.
Galveston spots closed steady, middlings
ii. Sales 31Sl. Receipts l0f.
The nett receipts at all the ports for three
days were ,095, against l0S,060 the same
time last year, showing an excess this year
of4,O35 bales. Exports to Great Britain,
$500 France, ll,74O; continent, 1852 ;
channel ports, none. Stock on hand,
H7 ,30l bales.
Spots in Liverpool closed steady; mid
dlings Q ZIG; Orleans, 6 9-l6. Sales 1900
receipts $500, Of which q 500 were
American. The last weeks circular of the
Liverpool Cotton Brokers' Association saws
cotton was in good demand on Friday and
Saturday of last week, and there has been n
fair amount Of business since, but with
some pressure to sell, prices have partially
declined. American was in good demand,
but was very freely offered; upland and
Mobile low middling to good middlinCs,
declined Lied In Sea Islands there was a
fair business at unchanged rates. Futures,
after declining 3-32d In the middle of the
week, closed firm at Thursdays rate.
FUTURES.
There has been no material change in
futures to-day. In New Orleans they have
been steady, and in Liverpool they are oil
about one-sixtcenth, The exchange in
New York was closed ON account of the an.
nual election, and no business was trans
acted there on any of the boards. The FOL.
lowing are the reports to-day:
NEW ORLEANS, November S-Futures closed
hall