The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-25

IHE receipts of cotton continue light,
owing TO the eXeCrable condition OF the
roads, but they have not entirely ceased.
About fifty bales were received ut The ele va
tors, some by wagons and few bales by
! the Dallas q Wichita Road. Prices here
are very firm, and in face of the dull mar
kets in other localities and the slight de-
cline in New York and Liverpool all that
lsoilered Oh the streets brings full prices.
GOOD Ordinary. ............... OK
NV ow ,Inuullhg ''....' ACKNOWLEDGEMENTS. lOb
Good midding. 1917
Mlddling fair. H.
The Ilmes-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 have
been more confusing than enlightening, and
notwithstanding that we are now nearing
the close OF January, eminent statistical
authorities seem to be on as troubled sea
as ever. Consequently, with the facts star
ing us in the face, we will not attempt to
comment tayorably or unfavorably on the
various cotton statements, circulars and es-
Inmates that are appearing but will con-
tlnue to coniine 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 neutrality-suspicious. and declares
that, III the contest on prices between the
United States and Europe the former has
III its hand the "hot end of the poker" The
Chronicle has no other warrant for its face
tlous illustration than the fact that the mcr-
chants of the United States are daring to
hold an American product until foreign
I "a m 20, 20. Il ,,.l,..
may be considered on this side of the At
antic its fair value.
In commenting on the remarks of the
Chronicle, the Courier-Journal says if an
American newspaper We're hired to depress
an American commodity and cheaper it for
the benefit of foreign spectators, it could
hardly discharge its task more adroi.ly than
by pursuing the course of the Financial
Chronicle. Europe has so far taken about
100000 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 /, =
O3,OV bales OF cotton, and she has in stock
now only 6Jl 600 bales. In the meanwhile
there were about 10000 bales more aaoat
for Europe than at present. In the mean
while Europe is consuming 6,000 to 5000
bales per week more than year ago, and
altogether there is the strongest support for
The conc usion that Europe instead of
America has got hold of the hot end of the
poker.
TUE cotton market in Liverpool opened
dull and easier and decline- n sixteenth
during the day. Middlings Gs, Orleans G}.
Receipts were 2750O. Sales 5000, of which
6,3ON were American and 900 for exporta.
ton.
New York opened quiet and nominally
unchanged, was easy during the dav and
closed dull. Middlings II SIG. Sales .5Sl,
New Orleans opened quiet and closed
easier, but unchanged. Mddlings M.
Sales $500.
Galveston closed dull at former quota.
tons, middlings lll. Receipts l,5Si Sales
500.
ST. Louis closed steady, middlings III.
Receipts l,7Si, Sales 33j, Shipments ,Sli.
Stock on hand S6,04.
The cotton movement shows the nett 70.
ceipts at all the ports to be 47,GjS, against
3S,Ob2 the corresponding day last wear. n
falling otfof lOlUi bales. The exports 10
Great Britain. were 5s,Oll, continent sos.
France and channel ports none. The sto cl;
on hand l,l55,9l2.
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