The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-24
GRAIN AND BREADsTUFFs.

THERE were very good receipts of wheat to-
day, which were readily taken at full quotations.
Oats are not coming IN as freely as they should
q, this time when prices are above parity with
other markets. The demand for all kind OF
grain continues active, and the only transact ons
are for near delivery. There Is very little corn
coming In and prices are firm Mt quotations. Be-
low will be found the ruling prices to-day:
rO-DAY's QUOTATIONS..
wlEAr-Choce, co. medium, 9Oc; low grade
Coo; Nicaragua, 60c.
RYE-NOminal at GOO.
BARLEY As to Soc.
NILLET sEED-l So German millet, LIS.
OATs-'lOc no old on the market
CoRN-S5C to 95c.
BRAN-We quote at mills, 81 2O@l Is; in store.
sacks, 81 40 to 81 So
FLouR-we quote City Mills as follows: xxx.
g. rs; xxx, 81 40 extra 81 76
xxx s. so choice family, 50 70 fancy. So go.
California, fancy, % 1908 50; choice family,
Corn meal, per bushel, 81 20
Graham flour, per hundred 1875.
Schwabacher & Hirsch, in their New Orleans
grain circular OF june 10Th, review the grain
market rs follows:
Oats IN Sacks-ln consequence Of the large
arrivals of oats from Texas and the west and
the anxiety of the receivers and holders gen
orally TO meet the market and W sell freely from
the landing rather than to incur the expenses In
| warehousing, We have IN report material de-
| cine Ill prices uuIlUp tuu past Week. ~
| the close, however, the market is more steady,
| and we look for Improvement In the consump-
| tive demand soon. Standa'd No. mixed oats,
| from the west, can be quoted to-day in fair de-
mand at 81 to Soc, as IN quality, and for Texas
red rust proof oats IS Tn SIC per bushe for lots
on the spot; for July delivery. 461sc Is asked
wth 45c bid: for June delivery, 81 cents wa
bid to-day.
Corn in sacks-Quiet; white. 81 to slOi; vel
| low aud mixed, 81 TO 95c.
pran-Market slow at 95c. TO 81 per 100 pounds
Haydn fair demand; choice, s2s to $50
prime, SIS toS7
COMPETITIVE GRAIN FROM INDIA.
| Last year S3j 90 ,0GO of wheat was exported
from northern India, and during March last 49,,
COO 900 worth was sent to Europe by way of the
suez canal This export would not have been
| made perhaps but for the high prices prevail
ing In the United States. But the Significance
| of European importatiOns of grain grown by
the cheap labor Of India Is easily perceived
Russia has hitherto been the chief competition
OF the United States In the grain markets o.
Europe, but the American farmer is threatened
with new opposition when European capita
and intelligence shall have learned to give di
rection to the energies of the crowded p0pula
tons OF India. good crop In Europe, India
and Russia next harvest with fair crop In thu
| United states, would send the price of whea
down To very low figures next fall. A poor croT
here and fair crop abroad would alter our com
mercial prospects materially and emphasize thu
doctrine that the time has come for the farmer
70 DC projected III MS turn by having some y
the tariff charges, laid for the supposed benefit
OF the manufacturers removed. IL the tariff
raises the wages Of factory hands, Ii also raisei
the price of farm hands. and thus makes tht
cost of producing q bushel Of grain too great u
permit Its export except under the most iavors
bic conditions. A lower tariff means lowe
standard of expense for every article produced
and by that much an increased ability to ents
foreign markets with our grain, cloth, ma.
chinery aud other wares. An era of high price,
Is OF no advantage TO anyone when II meant
merely that figures paid are large on all articles
alike. In the days of the Confcderacy barre
of 'ur cost sometimes hundreds of dollars, and
q lawyers fee ran up among the thousands bu
neither farmer nor lawyer found himself bette
OH Tor his big prices.