The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-03

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There seems to be diversity of opinion
in regard to the quantity Of cotton in the
hands OF producers. Some planters on be-
ing Intercepted assert that the cotton has
nearly all been marketed, while Others
maintain there are still large amounts on
plantations which are being held for higher
figures. From what we can gather we infer
that there is still in the hands Of planters a
very fair proportion Of this years crop yet
to be brought to market, and that great
deal OF il will be held until late in the sea-
son, in hopes ofstill higher prices. In for
mer years in making up the yearly pro-
ceeds of the crop, the estimate was that on
the first of January oue-half of the amount
was marketed, but whether this will or will
not hold good the present season remains
TO be seen. There is undoubtedly yet \
considerable quantity Of cotton in the
hands OF tho producers, which will be
brought forward rapidly if prices advance
The stock on hand in this city, by actual
count, was l62 bales on last Saturday,
which is about $40 bales less than reported
by the congresses.
The receipts of cotton at st, Louis from
September LIST to January LIST were 269, 1881
bales as compared with 2ii ,0l2 bales for the
corresponding period of last year, showing
an increase so far this season oyer last of
$500 bales. The shipments since Septem-
her LIST amount to l09, $50 bales, against IA
go bales for the corresponding months of
last year. In the face of the generally ac-
knowlcdged short crops in Arkansas and
Texas, this is a remarkably good showing.
The Republican says the cotton business is
worth to ST. Louis $25, 100000 per annum.
II also states that the railroads make rates
81 favorable that st. Louis factors, as well
as the country shippers who trade there,
Lave had decided advantages over Memphis
md Galveston, and the indications are that
before the close of another year New Or
leans Will even )Se much other cotton trade,
AS to what the crop of the year will be,
there is wide diversity of opinion. The
Agricultural Bureau Bradstreet's Journal,
and Latham Il Alexander state il differ
emily, yet still largely short of last wears,
ana private estimates are also largely d.
vergcnt, although it seems to be admitted
that thc crop will be markedly less than last
years. There has been some very good fig
uring, says the Republican, by cotton men
on the crop, and following are two instan-
cces. Col, Shotwcll, of this city, ciphcrs as
follows;
Total port receipt. TO date yesterday .3iSi Gss
Estimated stock In interior towns .. $1,000
Estimated overland movement ....... 35l0SO
southern consumption (estimatetD, four
months".',,.,,...,....... $4,000
Total deliveries from farms ......... G
Colonel Shotwell's conclusion is that if II
per cent. OF the years crop has been mar
keted, the balance yet to come forward
would be ,33S,02l bales, and total crop of
5,3o5, ISL for this cotton year of lSSl-S2,
On the other hand, Mr. Theo. q. Meier,
one OF the most intelligent of the observers
OF the cotton products and prospects, and
having important interests in them as n
manufacturer, figures rs follows: In the
last four or five years the half of the crop
has been received at ports by January /,
The total receipts to date were 1882 As
bales Accepting this as representative of
nail OF the crop of the year in sight, and
multiplying it by ., the result is G,264 9l6
bales as the crop of the year.
The following record of the crops for the
last iorty'cight years will show what The
increase in the production of cotton has
been in this country: '