The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-11-02

three hundrd and eighty bales. Prices are
very firm but no advance has taken place
in this market. We quote:
Good Ordinary ACKNOWLEDGEMENTS. 81
Low mlddlhg ACKNOWLEDGEMENTS, va
Middling .........,.. ...,,....,..... lOl5
strict nluullng .,.,.....,'..,..',,,. lu'a
Go2a nluunlB ''''.''''''''''''''''' VA
Midohng ialr....,.. ACKNOWLEDGEMENTS ii
In New York spots closed firm and I'M
changed, middlings II 5-S. Sales were ,3O5
bales.
In New Orleans the market was easy and
quotations remain as last week. Middlings
II ii. Sales 600.
The market in Galveston was quiet and
spots were reported without change. Mid
dlings II cents.
In st. Louis spots were steady; middlings
II III. The receipts were 1850 bales, ship
ments 2,3i0 sales 2,9S5.
The net receipts at all the ports for four
days were III, SIG against l20,0lO lorthesame
| time last year. Exports to Great Britain
| q, ITO, France $3.50, continent 1880, chan
mel ports none. Stock ON hand Gi,53l
against 70i, III the same time last year.
In Liverpool spots were irregular and
prices changed for both middlings and Or
leans. Middlings went off u sixteenth, and
are quoted at q 3-S, while Orleans advanced
sixteenth, and are reported at & IL. In
ports %, 100; sales of American $3.50.
There seems to be q quoting down all
over the country us regards the cotton crop
of the south The hue and cry that was
! raised short time ago about the crop be-
ing failure and that the consumptive de-
mand of tho world could not be supplied,
| has dwindlod down to almost insignilicancc,
| IL is true there are few papers in the
south, like the New Orleans Democrat, that
! still endcavor through their correspondents
| to lessen the actual yield for the year, but
intelligent, well.informed persons who are
interested and are really the purchasers
pay no attention to these idle vaporings.
The Democrats correspondent from Dallas
says the crop here will only be half that OF
last year, and that worms have destroyed
the balls brought out by late rains, and
that much injury has been done, and fifty
per cent of the crop has been marketed,
and that seven-eights of the crop has been
picked. Now all we can say about this is
that our information is so very different
from these statements that il needs no cor
rcction in this city, but IL might mislead
persons abroad. We will not receive as
much cotton as last year, but the deficit
will not be very great. We have
been unable to learn OF u single
worm IN Dallas county preying upon the
cotton. The rains have rs yet done no
damage, and the top crop isyet in abey'
ance. 1.-THE other reports of the Democrat
are equally correct with the one from Dial
las, they are nil, The report of short crop,
have induced many planters to hold
their crop over for higher prices, but they
may probably soon be undecciyed, AZ
every receiving point the stocks Of cotton
on hand are larger than last year, and il
the interior towns, like Dallas, the number
of bales in store are nearly twice as large n,
at this time last year. In st. Louis tn,
stock on hand is a ,0l0 bales against 26, 36t
at the same time last year. The same il
true of Louisville, Memphis, Nashville ant
all the important points in the interior.
correspondent of the Cincinnati Enquirer
writing from Chattanooga, says the scare
has pretty well exhausted itself, as tn,
ileecy commodity still pours upon tn,
market, and the picking goes on, an evi
dence that September did not exhaust Tn,
crop. The second crop produced by the (al
of rains is now showing aresult far beyont
the most sanguine expectation. A refer
ence to the cotton movement in the United
States shows that larger number of bale
were handled in the United States up I,
the end of the week just past than ever be
fore came into the market in the CORES
ponding period of any other year
Yesterday, at Atlanta met the contrac
tor who is building the branch of the Eas
Tennessee, Virginia 4 Georgia railroad be
tween Rome and Atlanta, and learned thai
he was then en- route for the north to gc
more labor. He informed me that they la,
secured the country from Chattanooga {,
: Atlanta for men, but every available man
was in the cotton-ficlds and would he unit
the middle of December. Other railroad
builders are suffering from the same cause
The cotton production in the United state
, this year, as estimated by the most candid
intelligent dealers whom met at the AT
lanta exposition, will not be less than tlv,
million bales. While In many instance
there Is decrease in quality per acre, tn,
acreage Is much larger in the south than |
| was last year, and the total OF the crop thcl
was six. million bales. These estimate
are based on reports from every cotton
, growing country in the south.
, The st. Louis Republican says that cot
ton bear In New Orleans had heard O
some cotton "bullh or bulls here who wcr
willing to stake money that the cotton Gro
OF 1SSl-S2 would not reach 6,0O0,0O0 bales
and that he proposed n bet of 81 200 that Oh
crop would exceed that amount and n lei
ter came rom cotton firm of that city I
one here stating that the money would b
RENTED for deposit to secure the bet Tn
house here wrote that the bet would be a,
copied, and asking that il be confirmed b
!, the New Orleans party, and yesterday tc
egram was received that the bet was cor
firued and asking FOR particulars, lfbot
parties stand firm on the bet, there will b
the handsome sum Of 81 200 TO the bcneii
OF one or the others exchequcrs.
Georgia farmers pay about $500, 900 yearl
10 have their cotton weighed at the war,
FUTURES.