The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-10-19
COMMERCE AND TRADE
COMMERCIAL.

COMMEKCE AND TRADE
COMMERCIAL.
DALLAS, October Is. Every day but adds 10
the belief that the supply of corn In this section
OF the state this season will fall far below the
demand. II Is true the yield was fnll average
one for north Texas, but the increased immigra-
ton into the state and the enlarged demands
from all directions are drawing heavily upon the
surplus product and this Is particularly true AZ
regards the Dallas market The formation OF the
Merchans' Exchange in this city has induced or
ders TO come 10 this city from localities which
have never before sought this market for their
grain, and the consequence II today dealers
here are overrun with orders, and notwithstand'
ing the strenuous EFFORTS they are msting to have
both corn and oats forwarded here, II would be
almost animp0ssibility 10 MI an order to-day for
five carloads of either Offers on the Exchange
were made to-day for corn In the shuck. for No.
vember and December delivery, at AZ cents, and
no one was willing To sell at that figure. Sixty
cents was offered Tor shelled corn In car lots for
immediate delivery, without response About
the first OF September II was predicted that
choice fall oats would sell as low as twenty-five
cents and no one expected them 10 reach above
thirty five cents ana yet to-day holders are ask
ing fftycents for them and are not am ious to
sell mt that figure. Wheat has declined In the
last two or three weeks but the light receipts
must have the effect to advance the price on the
market. There Ia no probability that there
will be any considerable shipments from Kan.
sas In the near future, and not until prices here
will Justify shipments south ntead of to st. Louis
or Chicago. The HERALD is not bull in the
market, but II cndeavors TO give facts as
they present themselves and while itdoes not DO.
llevo that corn and oats will advance materially,
II Mt oil, above present figures, there Is. good
reason TO think that wheat will command n bet.
ter price before the end OF the year. There
should be good demand for rye Mt this season,
as 1t Is said that farmers will increase the acre.
age In this cereal above that sOwn last year.
The same holds good regarding barley, Taking
all these views into confederation, 1t Is reasona.
bic to infer that there viii not be mnch decline,
any atal In the ruling prices OF the principal
Corcnls OF tho state until late next season. If II
ehould occur even then.
on 'crANGE.
There was n very GOOD attendance of the grain
dealers and others on the Exchange to-day, but
the light arrivals of grain In this city hinder
any very large operations. II seems that fatm
ers do not appreciate the good prices which
corn and oats are now bringing In this market
and are slow TO offer their products for sale.
The HERALD has always maintained that when.
ever farmers can secure good prices Tor their
grain they should dispose Of 1t, for II may BE-
that before the ycnr closes something VIII
'transpirc 10 reduce their values. II Is barely
possible that prices will advance, but tho prOba-
bilitics are that they will never reach above the
present figures II the corn crop In Kansas Is
as large as represented, 1t Will have Its effect
upon the market here for II can be shipped to
THIS city Mt low rates OF freight, In this city
prices are firm.
The following were the ruling quotations o
grain on the Exchange to-day; Wheat S06DsbCo
W. owing TO the grade and quality; Nicaragua
wheat 7V@7j oats, spring, 30@iO mixed, for
iced, 42cg45; choice red rust-prooi, 5000. There
~ no old corn on the market. New corn In
shuck, 3t@i0 shclled, b0M5i Barley In sacks
Go Rye In sacks, Texas $1,000 northern, sl0O
Little miet seed 50m60: German. SjGQg5
small advance for grain In store is asked by
dealers.
The markets In ST. Louis to-day were AZ fol.
lows october wheat 9i& November wheat
Mhtp9oss Octo Der corn, G6ii; November corn
W. October oats, 3la; November oats, 32i,.
THERE was u slight advance In both wheat
and corn In Chicago to-day. October wheat
opened at o5's. and closed at 9GN, thrcc-fourths
above the day before. For November II sold on
nrst eau NJ VIZ, and on last call at 97la, three
eighths advance on yesterdays prices. Corn
FOR October sold IN tho morning at 6s, and IN the
evening at 63's, three. eighths over the day be-
lore For NJ vember delivery II opened ut g.
ana closed at GS sevcn.eighths off, cent above
me last sales last ev ening, Corn In the ear for
october sold at OBS, and for November at G3ti.
CALL HOARD.
. inc following were the ruling quotations on
the Call Board to-day; October wheat, 81: No.
yember. Segsl0G December 9lmtl.l0 Corn, In
shuck, October, q; November, u; December,
"a SnSi,Gd corn II bulk cash 60 bid October
sacked, cash, 4i@5O; October iiG5O; November
HNM50 December ~. barley, sacked, cash,
oo@0S October, 65tcGa. There were no transac,
M xons IN rye; Bran, cash, 5000 Potatoes, cash
shuck, on the Texas 4 Pacific road, Al cents bid
on tho Houston Il Texas Central ~ cents bid
len shares OF stock in Mobile marriage nsso.
clauon were offered at IT, and 81 bid, From this
last transaction IL seems that q Stock Exchange
IL 10 be added to grain, produce cotton. etc
DRAIN AND BRRA DsIuFrs
Inc receipts OF grain to-day were very light
a anu tne supply ON the streets did not reach tho
demand. The bad weather Is already having a
telling effect on the grain arrivals and farmers
should use every effort 10 bring their products
10 market while prices arc good, There was
3 9hiy one car OF corn received by rail to-day
un1 shipments were light, one cas- OF oats 10
WIS Point, car of mixed oats and barley 10
the same place. and car of oats aud millet
seeu 10 eastern Texas, Prices In this city ARE
very firm
To.pAys QuorNTIoNs
WnsAr-Choice, oOc; medium, Soc; low grade
SOC; Nicaragua 6, to 70c.
RyR-Nrm atT0 To 100
bARLEY- 10 to Csc,
NiLLEr sExD-t0 to Is; German millet, rs to 80
OArs--sS TO Csc for spring. 81 to 400 for fan, An
sacks, 3 cents additional
CoRs-old In ear, Gee; Kansas. IN sacks. SO.
W W. uCW. ~ w
UBRAN-wo quote at mills 75c; In store sacks
20
YLoyn--we quote City Mills AZ follows. XXX
Q.lG xxx, t27h extra $780, Magnolia, $500
Fancy, 81, lh6DeS, 70: choice, t2.aSCfSS OS;
xxx. E75; XXX. $3.50 Xxx, S220
Corn meal per bushel u 20.
Graham -four per hundred. S20O
Tho Ontario bureau OF industries estimates tho
crop OF winter wheat for that province at 81, 500.
pQO bushels, and the spring wheat crop ut $500.
O0l bushels, or Al,G00, o0A bushels In tho aggre.
gate.
The Buffalo Courier publishes tho following
statement showing tho receipts OF flour and
grain ut Chicago, Milwaukee Toledo, Detroit
Cleveland and Duluth from january to October
2, In the years named:
A k,Nna +. lsss oo ISL o,s 1850,
Wheat, bu, ,,, SS57t,SS7 SS5N,S,6 t7,6SGS7s
Corn, bu.,,u,, iSi6SlS 7S60s0GS iOlg9a, gSs
Oats bu u.,,. 22,6so,Sl5 2<60N,3ss 1851, S6G
Harley, bu,,. 6<,nlSS Ss9a9SS h,si6,7s2
Rye, bu.... i,56i&Ss 20St.5l2 2OHaSS
Total Vt. bulls 72i,777 ltG2<s,+ei i,A $50, e6I
FRUITS AND NUTS.
To-pAYs QUOTATIONS.
RAis az :. layer new, por boz. q rs
aRxEs ArrLRs-New, t2.SoSaSo per Dbl.
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