The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-27

SAN ANTONIO has this season received I'm
to this time more than double the quantity
ofcotton that she did the last one. Her re-
celpts III December alone were more than
two-thirds OF the entire crop of the year
before.
The Waco Examiner says No cotton in
this week, but advices indicate a larger
amount in the country ncghboring to us
than formerly supposed. Weary of an in
ertia of two weeks, buyers are on the oui
viye. The continued light receipts at ports
causes many to look for an upward ten
dency. When all thoroughiares are open
how will it be?
The Mississippi Mills Company, at Wes-
son, Will soon build another large mill, to
cost not less than 100000. The cotton mill
at Wesson, Mississippi, pays twenty-six per
cent dividend, and the stock is worth over
800.
The New York Public says the pcople of
this country are not going TO consume 100.
600 bales of cotton more than they did last
year. But they have already decrease of
nearly that quantity of exports since the
crop began, and there is no present indica-
ton of an increase in the foreign demand.
A New York special says the gambling
IN cotton continues to attract outside specu-
lation,. but disappointment is probably in
store for the amateur dealers of bullish
turn of mind. In spite of tue diminished
crop this year the market is languishing
and the warehouses of the city are groaning
with q load of cotton said TO be unprece,
dented In the history of the New Yor,
trade. India and Egypt are in the
course OF compromising by an extra supply
the shortness of our crop, and Manchester
can safely resist the efforts made to boost
prices above reasonable ones.
The Globe Democrat saws: The pcrpen-
dicular drop in receipts has not showed IN
very strongly vet In the cotton markets,
aud operators who expected that dimin.
ished receipts would cut any great figure In
the manipulation Of futures have met with
ogr'gious disappointment, The drop has
commenced and Is continuing in a style
which meets with the appreciation of every
Spectator of bovine procliyitics, but
their overwhelming contempt is cX.
pressed Tor the quotations which refuse TO
be affected by the matcrializcd facts. The
market is dcmorali2ed ON futures.
and the drop of the last few
days has squeezed ont many a
tyro hand VINO cssayed to venture
= little money on deal which promised
him y dead sure profit. The break has
brought severe losses upon many who are
not in position TO bear n loss. Spot cot.
ton has shown very little weakness, and its
stability remains uniucstioncd, while the
myrlads of spectators who rushed into
cotton options on the strength of margin
find the market has succumbed 10 It's own
weakness, and futures have become heavily
depressed,
y cotton iacior speaking about the break
IN futures, snid; THE weakness Is caused
by The number who have gone into futures
with single margin to back them, aud a,
after holding for u long time, are anxious TO
close out Mt any cost. There Is no strength
about their backing, and rs their contracts
approach delivery day, they gladly come
forward and settle, In preference
10 taking the cotton. Tie sight
OF u bale of cotton would give some of those
fellows chill which would last them for n
month. Let the depression keep on for u
few days longer, and then We shake our
skirts clear of the tailers and start out
again. The market will be stronger and
better, aud the influence will be healthier"
A leading bull said yesterday, IN cxplana.
ton Of his position; Cotton has hern
about the same price for about ten years.
while provisions aud wheat are 10 per cent,
higher than last year, Cotton Is principally
an American product, while wheat and
provisions are found In every climate. and
IN my opinion the cotton crop Is shorter
than either OF the others, and | cannot sec
why prices are not bound to 30 HIGHER,
Hence ! am a bull, aud would buy every
bale OF cotton In the country IL | could.
II Newgrass & Co., of Liverpool, have Is
sued q circular containing cotton statistics
Of value TO buyers and sellers alike. From
this circular q comparative table gives the
average weekly consumption of American
cotton IN lST2 at 1850 bales, when The
price was 10 DIG pence. The CONSUMPTION
Tor 1881 Is estimated at ~, lao bales of Amer.
lean, and Notwithstanding short crop, the
average price of the year was I.iU rrnrr,
According to Allcson & Co.'S riSw, Ar.
the consumption has increased from la Ia
per cent. for lSSl, and as the Egyptian and
Brazilian crops have fallen Off heavily, the
inference Is drawn that the existing price az
cotton has not KEEP, pace with the increase
In the demand.
4 prominent authority In the New York
Cotton Exchange writes. al find upinion
divided as to the immediate future OF the
contract market. cannot see how we ca,,
look for an advance until we pass the perio,l
OF short notices, FIR most Vi the operators