The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-12-03
COTTON STATEMENT.

lOVi. ACKNOWLEDGEMENTS, 2U,iet
Shipped this week ,.....,..........l 1$j
previously. ..,,....,..,.. l2,9d
Since Sept LIST .......,.., 14,ll9
Stock on hand. ....,.........., G,2SS
Rainfnll-None
1t will be seen from the above that the
stock on hand in tins city is gradually in
creasing, which is ewing to the fact that
prices here are relatively above those In
Europe and in the Eastern States.
The New York spot market opened quiet
and firm, and closed steady at an ad-
vance of an eighth over yesterdays quota
tons, middlings l2s; sales l,740 bal IS.
New Orleans opened and closed steady,
low ordinary 81; ordinary 9l; good ordinary
l0i, low middling lot; middling lls; good
middling liz; middling fair l2i fair l3i;
sales $500
In Galveston the market closed firm,
middling ll4; sales 1888; receipts 1856.
st. Louis closed firm and unchanged;
middlings l13; receipts 2,700; sales l,5G2;
shipments 3,5i6; stock on hand O., 1872.
The Liverpool cotton market was steady
at former prices; middling 6 ll-lG; Orleans
1916; receipts 10000, of which $3.50 only
were American sales 1900, of which TO-
600 were American and 1000 for specua-
tim.
The movement of the country shows the
nett receipts at all the ports to be 2l4,9iG,
against 2l7 1913 the same day last year, a
falling Off of 1852 bales. The exports to
Great Britain were IS, 1888, France 10 24l, con-
tinent 1913, channel ports none. The stock
on hand was 925 1857, against 5000 bales
last year on the Sd of December.
We clip the following from Ellison &
Co.'S circular, which probably reflects the
opinions of spinners in England at this time
| in regard to the cotton crop of this country.
| 1t says Liverpool is still the cheapest
market where our spinners can buy, and
therefore is likely to be fairly well sup.
ported. The great strain caused by releas.
| ing the Hood of cotton penned up during
September is now well-nigh over. BUSINESS
| has resumed its ordinary aspect, and it will
be difficult to move our market much either
way, except rs new crop developments oc
cur. Spinners have now replenishod theii
exhausted stocks, and can afford to buy
moderately, and so it will be difficult
to. force up. our market, unless an
other wave of speculation arises. There
i, nothing in the state of Manches
ter to warrant high prices for cotton--in.
deed much calculated to inCulcate caution
at the same time, when the uncertainties
of the crop are considered, and the fact that
Liverpool is the cheapest market the pres
ent price of cotton does not seem eXtraya
CANT. We think a crop of 6 to ct million:
will be needed this year to keep down dan
gerous speculation, and perhaps the present
price represents in rough way the expecta
ton of such crop. Should it run up tC
q millions, a fall in price may be expected
should it fall short of 6 millions, perhaps 4
temporary rise may be looked for Be
tween these two alternatives we do not eN
pect to see the equilibrium much disturbed
for some time.
IT is believed that in the outcome of tn,
recent agitation ut Oldham, concerning
damaged cotton, will be that dcputatioI
Of Oldham masters and operatives will wal
on Lord Harrington, Secretary for India
during his forthcoming visit to Manchester
to urge the government to favor the extcn
sion of cotton-growing in India so as /,
lessen dependence on the American crop.
Crockett has 900 bales of cotton awaitin,
Shipment-a great deal of il ON the ground
1t has been received by the railroad com
pany and is liable to damage. Merchant
here lest last season thousands OF dol
lars just from q similur cause.
The Brenham Banners correspondent
from Austin county says the crops are nj
gathercd-cotton turned out better thar
anticipated, Gins in ncighborhood turnc,
out 1875 bales, which is nearly up to las
!, years crop.
For the week ending November 10Th En-
mis- shipped AGO bales of cotton.
The New York Times thinks tina
cotton mills in the South afford most in
viting field for investment, and that Their
need be no jealousy on the part of the NcN
England factories. Lowell, Providence am
Fall River have already given up the coarse
, grades of cotton fabrics, and are dcvotin
themselves almost exclusively to prints an
! the fine and costly stuils. The demand 70
coarse goods, however, Is increasing, an
the South has the business all to itself.
Am now we have two other estimates {
the probable yield of cotton for 1882. Tn
New England conservative estimate, we ar
told, is 5,S00,0OO and MeSsrs. Woodward
Stillman, Of New York, figure II at @, 300, 0C
bales. Each succeeding estimate places
| higher than the preceding one. Ii woul
, seem that the yield Is now being elevated I
n falling height, and some fellow ma
mark down long array of figures that wi
! tumble the other columns over and utterl
dcmolish them.
The Jolly fellows who frequent OIL
Board of Trade rooms are good.nature
! individuals and have their fun at cac
, others expense. They are classified d
. bulls and bears, and to-day they ha
q good deal of amusement over a stall
OF frost-bitten cotton with few miserabl
, bolls, or hard, shrivclled, rotten and DIR
bolls upon Il. A "bull" got tho. laugh o
the "bears" by labelling Ii
Romance OF the Top Crop"
. or.
Last Years BIRD Nest. -
. Concluded
: The specimen would average about on
: bale of cotton 10 A State