The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-01-26

M
roads but they have not entirely ceased
About fifty bales were received ut the ele "a
tors, some by wagons and few bales by
the Dallas & Wichita Road. Prices here
are very firm, and in face OF the dun mar
kets in other localities, and the slight de-
cline in New York and Liverpool, all that
is offered on the streets brings full prices.
Good Ordinary "a
Low middlng.....,. ''''''''''''''''''''' i i0,.
Middling. ...,.... '''''''''''''''' ~
Good middltng. ivit
Middling fair, '..''; ia
The Times Democrat says: Never before
has the probable yield of the cotton crop
excited such widespread investigation or
remarkably conflicting views. Even with
the aid of the press and the telegraph the
deductions from the various estimates nave
been more confusing than enlightening, ana
Notwithstanding that we are now nearing
the close of January, eminent statlstlcal
authorities seem to be on as troubled sea
as ever. Consequently, with the facts star
ing us in the face, we will not attempt 10
comment favorably or uniavorably on the
various cotton statements, circulars ana es-
Inmates that are appearing, but Will con-
tinue to contine ourselves to the reports OF
the day and the week.
The New York Financial Chronicle in its
last issue speaks of the accumulation OF
stocks of cotton in the United States, while
| Europe is delayingpurchasers. and declares
| that, in the contest on prices between the
| United States and Europe, the former has
| in its hand the "hot end Of the poker" The
| Chronicle has no other warrant for its face
| tious' illustration than the fact that the mer-
| chants of the United States are daring TO
hold an American product until foreign
| consumers are prepared 20 take 1t at what
may be considered on this side Of the At
| lantic its fair value.
In commenting on the remarks of the
| Chronicle, the Courier-Journal says II an
| American newspaper were hired to depress
an American commodity and cheaper it for
| the benefit of foreign spectators, 1t could
hardly discharge its task more adroitly than
by pursuing the course of the Financial
! Chronicle Europe has so far taken about
! 400 900 bales less than last year to this date,
| is beginning to feel very nervous about the
future, and is peculiarly anxious for cotton
to decline. In April last Liverpool held ],
| 003 900 bales of cotton, and she has IN STOCK
now only $4,000 bales. In the meanwhile
there were about 100000 bales more afioat
for Europe than at present. In the mean
while Europe is consuming 5000 to $500
| bales per week more n;tu Il year ago, ana
altogether there is the rongest support for
the conclusion that Europe instead OF
America has got hold of the hot end OF the
| poker.
THE cotton market in Liverpool opened
dull and easier and decline. a sixteenth
during the day. Middlings 90, Orleans 81.
Receipts were 27;5OO. Sales 5000, of which
6,3Oc were American and 1000 for eXporta-
ton. ;,
New York opened quiet and nominally,
unchanged, was easy during the day and
closed dull. Middlings II 5-lG. Sales l,5ol;
New Orleans opened quiet and closed
easier, but unchanged, Middlings Jig.
Sales $500.
Galveston closed dull at former quota
lions, middlings 1ls. Receipts l,7S4' Sales
800.
ST. Louis closed steady, middlings IA.
Stock on hand S6,054.
The cotton movement shows the nett re-
ceipts at all the ports to- be 47,65S, against
SIS ,062 the corresponding day last year, q
| falling off of 10,44 bales. The exports to
Great Britain were 3S,0ll continent 5,7O6,
France and channel ports none. The sto ok
on hand ,155,9o2.