The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-09
COTTON.

THERE appears to be decided feeling for
the better in spot cotton, both in this coun-
try and in Europe. In Liverpool the
market advanced a sixteenth, in New York
q sixteenth, and in New Orleans and Gal
weston an eighth. The sales at American
ports Will aggregate more, probably, than
on any other day for he past three months,
and i'll Liverpool they reached twenty-seyen
thousand bales. The receipts at all the
ports continue far behind those of last wear
at corresponding dates. This may be owing,
Ill great measure, to the rains and The
condition of roads all over the south. The
heavy shipments to Europe have reduced
the stock ut the ports, and the sales at the
interior towns have also decreased the
stocks inland. In this city there were no
receipts, either by rail or wagon, and our
quotations are unchanged.
GOoi Ordinary,....... OBSERVATION-DISCLOSURES. Ois
Low middling. .,"... ..................,. gN
noou mludlihg. OBSERVATION-DISCLOSURES. l0b
Miuulhe lulr ''''''''''''.'.':..... 104
The cotton movement shows the receipts
at all the ports to DC 50, SOL against 9S COL
the corresponding day last year, decrease
of 53,ll0 bales The exports TO Great
Britain were 56,G05; continent, 0,S79; chan
mel ports, 3,2l5; France, $40. The stock
on hands at all the ports is 916, 1SS.
The market in Liverpool was reported
hardening, and at the close of the day adj
yanced sixteenth, middlings, GO; Orleans,
u 1916; receipts 1900; sales, 27,OOe. of
which 1900 were American and 1000 for
expectation.
The market in New York opened quiet
and nominally unchanged, was firm during
the day, closing firm, middlings II 1916;
sales 2,llS.
New Orleans opened steady, and closed
firm, at an advance of an eighth, middlinrs
III; sales 5000,
Galveston closed firm at an advance ofan
eighth, middlings III; sales 2,0il.
ST Louis closed firm, middlings III. re.
ceipts OH sales ,296; shipments 1858; stock
on hand 66,026.
THE southern states had 100000 acres
in cotton last year.
American spinners' takings are ll3,OOO
below last year.
The overland movement of the past six
months shows u decrease of 81 ,695 bales.
and an export decrease of 65l $50 bales.
The weight OF bales this year is about ff
teen pounds below that of last year.
There are now in operation in the south
slNty.seven cotton-oil mills, and the price
OF cotton seed has advanced from so to ST.
per ton. over S2,oOO,OOO worth of oil
i'NhNiu'NAltu iuNb year, Nnu
Sl,OOO,0OO more was realized by .plant.
ers than ever before for cotton.
This, however, is declared to be but mere
fraction of the whole crop, where 1t is all
utilized. The cotton crop OF last year pro
duced about 3,OOO, 600 tons of seed. OF thi.
no more than 10000 tons, or one.sixtecntl
OF the whole, were manufactured into oil.
The New York Bulletin says; Specua
ton has been more or less in abeyanc,
upon the contract market, and operator.
evidently have been slightly perplexed. Ii
many quarters there was no doubt, n ten
dency to assume that the downward turf
had about run It's course, and after the nat
ural Strengthening out OF complications re-
naming us q legacy OF the late break, re
action would follow. The southern
markets. were keeping firm, the movement
supplies at ports and interior small, tn,
adherence between values here and at I,iy
erpool reduced, and the market at the las
named point now and then showing some
thing Ike strength, with closer attention
. gwen the situation by exporters and In ad
ultion 70 rue above, sentiment begins tc
! assert that cotton had gone low enough
The demand, however, failed to TAX,
healthy and positively stimulating form
: ana the recovery on price amounted 10 onl,
about enough 10 check come of the good IN
tentions OF exporters, and apparently shov
: mat calculations upon a renewal Of export
! IN manner TO benefit the market were a
least premature. A gre deal of GOVERN,
: TOOK place US the natural sequence .of IN,
change OF sentiment, and strong appear
! nnce frequently led to some purchases, bu
tue latter were quickly thrown over on q