The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-24

January H., the highes. in the period
dated Wednesday aud yesterday were
strongly marked declines: and the theo-
rists Of short crops and high prices were
consequently quiet, vet still ready to offer
plausible explanations of the cause or
causes of the declines. There were on the
Cotton Exchange yesterday two kilograms
which preferred explanations of the course
OF the mtTket, one from Liverpool which
stated that Ranger, the Liverpool king
speculator, and other spectators. had un-
loaded $1,000 bales; and another iiom New
York which ascribed the decline to "heavy
stocks, no demand from spinners and gen
eral nervousness of bullsn Il would seem
by these circumstances that confidence in
higher prices was not firm and that the
iuture of the market is matter of fair
doubt. But opinions are strongly divided
on the ultimate result and intense interest
will continue until that is determined.
HE cotton plant is supposed to be native
on the gulf coast of Mexico, us Cortez on his
lrst visit found the natives clothed in cotton
fabric OF their own manufacture. Its cult
walton has been continued to the present
time IN Mexico, but with very little inn
proyement in the methods The PRINCIPAL
producing States are Vera Cruz, Guerrero,
Chapas,, Oaxaca, Colima Michoacan, Jalis-
| .,
and Coahuila. The annual crop of Sinaloa
is estimated at $50 900 pounds, the average
yield per acre at | ,050p pounds seed and pure
1bre-the latter $50 pounds. The crop of
Sonora averages about ,000t pounds per
snnum. The annual product of Durango
is estimated at 100000 pounds, the
product per acre, 100 pounds, yielding APO
pounds of pure lint. The annual produc
ton OF Coahuila is estimated at 100000
pounds. The usual time for planting cot
! Ton Is IN June or July, according to the
greater or less amount of moisture con-
tanned IN the soil selected, and the gather
lns OF the crop is begun in February.
a telegram from New York to the St.
LOUIS Cotton Exchange states that the re-
celpts at interior ports for the week (endjnr
| Yesterday were q. 800 bales Stock losses
$1,000 bales. The receipts for the CORES
/ pondihS week last ysar at it,
terror ports were 5000 bales
and the year before that, 1880, $40 0
bales, and this great difference this wear is
! regarded as evidence of short crop and
us approaching exhaustion. There have
/ been, however, heavy rains in the South
ana much overlooked land and consequent
| ~ bad roads and this may have contrbu.
/ ted to the large reduction of receipts
Cuero Bulletin The Excelsior Cotton
Factory at this point has orders in advance
inr all the yarn the factory can turn out.
me superior class of thread made by the
Excelsior has already attracted attention
ana won popularity abroad.
II factories don't, pay in Augusta and vi
entity, it will be difficult TO
ma place whore they do.
As an disqualification of what they ac.
complish here, it may be stated that the di-
/ reclorS of the Langley Factory on yester-
day declared u dividend of l2t per cent.
| to its stockholders, from the earn
/ lngS of the past six months Where is
the factory at the North that can beat or
begin to equal that? The factory made
about $4,000 during the year 1851 on u
| capital stock OF 100000 and its dividends
Tor mat time were POI per cents per cent
IN July and l2i in January.
! Mr.. LOveman, of Pulaski, Tenn, lately
received from Cincinnati factory samples
taken from ten bales OF cotton, which he
mad bought in Giles county, showing false
packing. In the centre OF the bales were
/ several pounds of sand, refuse cotton and
seed.
HE Liverpool cotton market was easy,
but prices unchanged, middings, 6 ll-l6
orleans, 1916. Receipts, $3.50; sales, TO-.
OOo OF winch $3.50 were American and
/ 1000 for expectation.
| In New York, the market opened quiet
but steady, but gave evidence Of weakness
during the day, closing easier at decline
OF a sixteenth, middIings, II 15-lG. Sales,
/ 9OI
| New Orleans opened quiet, remained
without change during the day, closing
quiet and steady, middlings, lls. Sales,
/ $3.50
Galveston closed firm, middlings. ia.
| Sales, LOO; receipts, 1857.
The net receipts ut all the ports were
33,iBS, against IL 453 the corresponding day
last year, u decrease of 1885. The exports
to Great Britain were 1888: Continent
t923; France and Channel ports none,
! The stock on hand was ,l52, 013 showing
~, ii6 in excess Of corresponding day last
year.