The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-15


mel ports, none, The stock ON hand at all the
ports is 9i6.G0o bales,
tbs Lancashire England cotton manufac-
turerS have decided TO close their mills for a
fortnight before April II.
The plan of hiring farm labor instead of let.
ting freedmen work for part of the crop seems
10 be gaining favor in Alabama.
The grand Jury of the criminal court in Mem
phis returned indictments against the two
sucket-shops for dealing in futures
Ellison reports the weekly consumption Of Eu.
rope in February at l2SO0 stocks ut European
mills, 81, 00J above last year.
Greenyilc has shipped over II, $50 bales of cot.
ton this season, Notwithstanding the bad crop
year
1t is stated that the greater part of the best
cotton lands in Arkansas, Tennessee Mississippi
and Louisiana are under water, and that, under
the most favorable circumstances not more
than two.thirds of the area can be planted this
year. MS the planters have lost stock, fences aud
farm implemShts, and are without the means to
replace them
manent prosperity. She has a capital of 81, 96S,-
600 in the cotton factories, which gives employ
ment to $50 hands, and consumes 1850 bales
of cotton annually.
floods, IL is thought that in large districts he
overflow will not interfere materially with the
cotton crop. Much will depend upon the stage
of water after the ireshet runs out
piled in the New York Chr nicle If Saturday,
and telegraphed to the Cotton Exchange, is as
foll.ws;
This week. Last week
This year. .......,.,,...,..3, Oip,l7b 3,l22l2l
Last year. ..So0Sl 52 2,97S352
Difference .....,,..,... 4l.S2i l43, 7G9
The above sh VS. decrease in the excess OF
the visible supply of l0i, AS bales.
OLDHAM March l0-At yesterdays meeting of
the Master Spinners association, it was stated
that it was likely that the short time movement
| in East Lancashire would be abandoned. Re
peal ofthe Indian import duties will have an in
huence on the production.
LIVERPOOL, March lo.-This weeks circular Of
the Liverpool Cotton Brokers association says:
Cotton has been In extensive demand, with II
hardening tendency. American was In incrcas-
ed demand good ordinary TO good middling is
| l-Sd. and middling fair Lied. higher. Sea is.
land was in somewhat improved request but 1t
was freely met. Florida is I'D lower Futures
hardened, aud are generally lied higher
THE monthly report of the National Exchange
shows the entire amount of cotton coming into
sight up 10 March /, as follows.
lSsl-S2. lSSO-sl. lS79-sO.
Bales. Bales Bales
Stock Sept 1.... 2l7,05l lll,sGl 65, U7C
February 2s. ~, i,OOi42 l,5s2,2'3 400, sil
| Oyerl'nd to nllls 355Ol3 37i ,62d iS2,gSi
d.. To Canada 229l2 l1,626 1860
/ In transit over
| land close OF
February. 2,S23 1876 lG.26s
- - -
Total supply. 1901 69l Al2l705 1850 100
! This deficit of nearly 6Uo.0'0 bales has been
further enlarged by the reduction in receipts
! since. The overland movement during Febrll-
nry was only 1886 bales as against 0.ljg
last year The northern mills took
only g. $50 bales in february, against 1879 In
1851 and the total purchases since September
Isl are now T. 900 bales below the figures of last
season.
The export movement has continued on Il very
norris and interior dcpots has nearly disan.
| ponred
! Abroad the situation has been rather cncOur.
aging for buyers Il large business being done nj
Liverpool mt higher prices
The vast area of land now under water in the
Mississippi Valley is likely to largely curtai he
planting In the bottoms. To-day good business
was done at full prices
While the overland movement of cotton Ia the
Imorthern spinners and ports has been much
larger this season than last, the uel amount
which has reached the mills without touching
the port Is smaller In the month of February
according To the Financial Chronicle, the gross
shipments were 56,li7 bales, which is 6.l5i
were i6O57 bales, which is 2i,O5i bales less than
last year For the six months ending March l,
the gross shipments were si2,S69 bales, or 81, 7ii
bales more than last year while the net amount
Twas 1855 bales or u ,6g2 hess than last year
This tludes26 92s bales tent to anatla.
nv adding the rprpints Mt tho norris thn ovnr