The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-08
COTTON.

|
THB only noticeable feature in cotton to.
day was an advance of sixteenth in New
York and an eighth in st. Louis. The re-
celpts at all the American ports in the last
| Few days were only about one-t third of what
they were during the corresponding period
a year ago. The exports to-day were large
and reduced the stocks at the ports below
a million bales, although they are still
IN excess OF last year. The receipts
at all the ports have decreased about six
hundred thousand bales from the first Of
| September compared with the same date
last year, and the stock on hand at all the
ports is about $4,000 bales more
than the same date last year.
The visible supply of the world
is in excess of last year and prices are high
er. The increase of stocks at interior towns
still show an increase over last year of
about twenty thousand bales. There were
No receipts in this city to-day by wagon or
! by rail. The roads throughout north Texas
are in such condition as to render hauling
cotton to any point impossible. There is
still great deal of cotton in the country in
the hands of planters, which will come in
when the weather clears up. Prices in this
city are unchanged and nominal.
| GOOD Ordinary ACKNOWLEDGEMENTS. 9k
Low middling...... .................... 92
G6udlg Sii;i;ii..'''.'''' l0A
Middlng fair .............,,,.,,.,i0 I
In Liverpool tine cotton market was re-
ported steady, middlings, 6 GIG; Orleans,
W The receipts were 10000; sales, 10, 900,
of which G6OO were American and 1000 for
expectation.
The market in New York opened quiet
and nominally unchanged, remained quiet
and firm during the day, closing steady at
an advance, OF sixteenth middlings,
IL 1916. Sales ,32l.
New Orleans opened quiet and closed
firm, middlings, liz; sales, good.
Galveston closed steady, middlings, l1s:
receipts 46l; sales, 5a6.
The cotton movement shows the net re-
celpts ut all the ports TO be q, 100, against
~ l9 the corresponding day last year. n
falling off of 1863 bales The exports 10
Great Britain were As S54; continent. !. 23S.
channel ports, 1850; France, G,96i. The
stock on hand at all the ports was 9sl COS
Dales.
THE total amount of cotton in sight in
this country, in Great Britain and ON the
continent is said to be greater than IL has
been for years, and still the prices are
higher.
Ranger has depressed cotton by throwing
over lots of 800 to 1000 bales, but il regained
part OF the decline before the close
The receipts for March are estimated at
10000, against AIS, 600 last year
The court of appeals of st. Louis decided
that note given in consideration of n diC.
ference in an option deal is not void in the
hand OF bona iide holder, the nete having
been acquired before maturing, and with
out notice OF any illegality. This seems to
be Just opposite TO the decision of Judge
Moran, Of Chicago
Columbus, Georgia, with population of
only 7,400, last year increased lis assess.
ments by s47l 900, and its business by $685.
coo, Augusta, Georgia, has six cotton
mills, with s4OOO,OO0 capital and ll5, 900
spndes, and all are making money,
The editor OF the New Orleans Price Cur
rent has been shown letter written by n
California gentleman to prominent cotton
factor OF New Orleans asking his kind sfli-
ces in procuring hundred coored families
as laborers on large farm in that state
The gentleman states that his success has
been so mar ked that he intends to engage
largely in cotton culture. The product
thus lar has exceeded one bale of lint per
acre. Judging from the success which has
attended these experiments in cotton
planting in various portions of California. il
is by no means Improbable that the golden
state will exercise no mean influence in the
markets of the world.
The following is a statement of the cotton
crop of Texas for 1881, shipped to August
81 $751; compiled from reliable sources:
No. of bales.
Received at Galveston from the interior,
;, by rail .,..... GSS,1s5
kccei,su coaslwiss nom lndianoa Gee. 6,2Q5
From Morgan City and Clinton, cleared
at Galveston Observation-Disclosures" 6l,475
Total racpints nj Gnlvn.tnn - Gas
shipments from Houston to New Or
leans by rail Observation-Disclosures, SllH
shipments out Of state via Tsxarkana lgl SO
Shipments out of state via Denison. ..... 1904
Total ACKNOWLEDGEMENTS, l,l59l7o
shipments TO Mexico nom Laredo, .,.. l,0ll
Shipments 10 Mexico from Eagle Pass 1851
Shipments via Red River from shrevc.
port and above ,;...,....,, ,',.!"... 500
Shipments viz Red River from shrcve-
port and below. 400
Total ..;;. ..y.....;,.,. ..,,,.I, 2Os,7I7
To which add crop OF 1850, shipped aiter
September !, 1881. observation-disclosures. 5000
/
Total crop, .,,.,,l, 25S 7l2
The figures gwen for shipment from
Shreveport are maximum figures, mo records
of cotton transportation by boat down Red
River being kent, but the total given being
approximately correct. The figures given for
cotton out via Donison are subject to an
estimated reduction of about $1,000 bales,
which were received FOE reshipment.
| EIITlREs