The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-05-24

THERE are no new developments in the cotton
market either In this country or Europe, worthy
ofmenlon. Prices are unchanged and the mar
ket :hibits, if anything, n downward tendency.
The receipts In Liverpool from India continue
large which must have an influential effect in
keeping down prices There were no receipts in
this city to-day snd for the past week they have
only reached about seventy bales. Prices are
unchanged but firm.
Good middling ..". ,.............. ........ 4
Middliug ..... Observation-Disclosures, ,lOA
Strict low middling OBSERVATION-DISCLOSURES. los
Low midding ,lO4
Good ordinary ACKNOWLEDGEMENTS, 81
Liverposl cotton market showed only mod
crate demand which was met freely NJ previous
prices, middlings & "-l6; Orleans, %. The re-
ceipts were %, 800 bales of which 1900 were
American. The sales We're 1000, of which 5000
were American, and 900 for expectation
In New York the market opened nominal.
lower to sell wa quiet during the day aud closed
in the same tone mddlings, l2%. sales, 1910
| bales.
| The market in New Orleans opened quiet and
| closed easy, mlddlings, L. Sales 300
Galveston closed weak; middings, ~. Re-
cepts, 539 Sales TO- bales.
In st Louis the market closed quiet mid
dlingS, ll2 Receipts, lh, sales, S2l. Snip
menls l,37i. Stock on hand 10 l07 bales.
| The cotton movement shows the consolidated
net receipts to be 5142 bales against 20, 037 the
corresponding day last year, adecrease of l,!g5
| bales The exports to Great Britain were . 3l1
continent 3,lSE France and channel ports,
| none The stock ON hand at all tho ports ia
| 49, 9ls bales against iglll7 the corresponding
day last year, e falling Oh ofll,ls9 bales.
|
! FouR-FIFTHs Of the raw cotton of the world Is
| produced In the United States, but we manuiac
| ture not more than onc-half US much rs Grea
| Britain.
The Times is informed that $500 900 have beer
su scribed by the citizens OF Selma Tor the pulIo
| ing of Il large cotton factory.
| IlIARIpsTpS Nav ~ The News and Courier
has adyiCes from various portions OF the sat,
that the cold nights are having most injurious
effect upon the cotton crop III some cases rem
dering replanting necessary
According TO the last monthly report OF the
National Cotton Exchange of America, the tax
lngS or northern mills for the first eight lnOhlh'
of the crop year were l,i2A 6S bales agalns
li7l C56 bales the same time in 1881. This is ~
average per week of 1917 bales, against l!,IS'
last year and 80, 3j5 the year before
| Ia 1882 there were % mills in Lowell, Aassa
cGSetts in addition to print works, 1851 SPIN
dies, 1888 looms, 500 iema es operatives, j.
5l2 male operatives. and the products were 10y,
30 yards per week. In sathere were 10y mlls
representing an invested capital OF slISOnCOV
500 900 spindles 20 52l looms, Il SOP female opc
ratycs, $3.50 male operatives; the annual pro
ducts are 209.O56000 yards of cotton S,SS1O'
Yards wooden goods, 30 1000 yards cnrpetng
$50 0 shawls and Il, sos so pairs hose.
The following translation of extracts from
circular of Messrs No kart Bros, in relation
the Bombay cotton movement Is Iurnh hcu VI
hy Mr.. Drummond, and is Of great Interest nj
the present time:
Extract of MessrS Volkart & Bros circular
BOMBAY, April -. 1881 Although the arrival
at Bombay during the month of April greatly ex
ceed the preceding estimates the prices to-day
are only n small fraction lower than what the!
were fifteen days ago.
The large receipts from January to this da
compared with previous estimates, are eXplalhc'
10 certain extent by the fact that great pro
portion If the srop of Bengal which was hereto
fore exported via Calcutta, has found us wa
through bombay Moreover the very larg
, shipments of Kurochce and ruticcrn, with trans
shipment at Bombay, INSTEAD of direct snip
mcnt to Europc) are also added to the arrivals 9
the week At bombay, although not leEltimaicl
belonging to Bombay,
At Bombay 1t is the general belief that ~
greatest pressure caused by the receipts has SUI
sided and that the receipts OF May an
June will not exceed last yea
which would within few weeE
/, cause considerable decrease In the figures oi III
weekly receipts This is one of the prncip'
, causes Of the firm tendency of the Bombay ma
= ket, which Is very apparent especially for u
, Breach and Oomra the crops OF these TWO eel
= tres showing symptoms of early oNhau'uOn'