The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-22


THERE is some talk of the erection of a cotton
mill in or near Milwaukee.
The Manchester Guardians Commercial arti-
Gle says: There is more demand FOR shipping
yarns Cloth is dull with small sales; prices are
steady.
The first machine for carding, rowing and
spinning cotton made In the United States was
manufactured in 1856
The Austin New Reveille says that the val
ley of the Muddy river, in Lincoln county, is
well adapted to growing cotton. On the Virgin
river tributary of the Muddy, 1t does we'll
All the cotton fabrics worn by settlers on the
virgin fiyer are woven by the St George mill
selves.
The Lawrence Massachusetts,, Pacific mill cor
Poratlon announces reduction of wages of the
mule and ring spinners The latter, all women
ana girls, abandoned the mill, and 6i,0OO spin
dies are thus stopped.
There are several cotton factories in the south
ern portion of Tennessee. There is one in
nashville which has 400 looms, one in Memphis,
one III farls one III Pulaski one In Carroll couu-
", TWO or threc III Lawrence county, and num-
Der of small concerns in other localities; they
are III prosperous condition paying large
profits
There is great howl all over the world at
present about the putting of sand tn bales OF
| cotton shipped from the southern states, and
1t is said to be operating against American
| cotton, and greatly TO the advantage of East In
dlan cotton IN the markets of Europe Not only
| sand, but water seems to be put into the cotton
| to increase its weight 1t Is little queer that
| these cotton plots happen at the same time with
| speculative cotton exchanges which were
| hardly heard of before the war.
ST. Louis Republican: The deferred advance
III cotton appears to be gaining strength and ap.
preaching closer daily. The barometer of the
c ton mems hopes is rising steadily, and the
| spectators who were not swamped OF
lToze out ut the last break are moving
Ahlnt hnnHanf AL "a
| step az they gaze on the blackboard and
watch the quotations of their fayorite option as
cending steadily. A decided upward movement
has been acquired, and once more the bulls are
prancing around in the arena and airing theil
heels in defiance of the bears, who appear Il
have somewhat suddenly disappeared from theil
accustomed haunts. They have concluded thai
II Is bad weather TO carry short contracts and
nave accordingly covered and gone over 10 the
long side.
| Al the cotton exchange yesterday IL wa.
claimed that the increase was caused by d
strong demand from spinners and the ex
! nauuon OF the crop which has become pal
pable fact to the conservative British spinner
| Very few SPECTATORS and these q mere hand
ful, seem TO be banking much ON reports o
! short acreage for the ensuing year elsewhere
IN other markets the floods have exercised
! steady influence in converting the bears How
ever, the parity between early and late future
has been disturbed 10y the speculative elemen
who are already discounting the crop of 1928
as may DC perceived by the quotations for Sep
TENDER delivery, which were yesterday iiy,
points higher than for May delivery.
a prominent factor accounted for ii as follows
There is very enormous impression in regart
to the Mississippi floods" he said "The peopl,
of the north and east are all the time talkinl
about the. sedmentary deposit which acts as ,
rich fertilizer to the lands after the water recedes
That is all nonsense, and granting that 1t wa
true don't you think sixty days delay in plant
ing would tell on the strength OF the cotton crop
The planters should have their blowing al
finished now and the seed In the ground by IN,
first of April. but I'll bet that many of them vii
not have an acre seeded by the middle of May
Again after the waters recede on the flooded
farms the value of the land for planting pur
poses is almost wholly destroyed by the sand
banes. which are caused by the deposits from
the river. The silt and sand separate and ar,
deposited in long hillocks over the farms, anC
are packed so firm that with the keenest Yanke,
pillow four mules could not drag 1t through tn
soil"
Another broker, when asked about cotton
iacetiously replied THE world is cold an,
naked, and Adam and Eve never more dill
gently sought for leaves than the spnners hun
Tor King Cotton now The spot demand ha.
never been more urgent since 1867"