The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-11-30
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COTTON.

THE cotton receipts to-day were below those
of any other day during the present season nl,
only reaching 81 bales, AZ OF w5icn cain Pros ny
I for L. j. Cannon, and 5 for Caller q HUI
The shipments were 9S bales for White y 20,
over the Houston & Texas Central, lOO bales
over the Texas & Pacific for the same parues,
400 bales for L. b. Mitchell, over the Gull, Col
orado & Santa Fe, and 10) bales for Caller "
Hill by the last mentioned road. Prlces IN , Inv
crpool declined q sixteenth, ana III new loik
an eighth In all other centers the markets
were reported easy or steady. In this CITY there
is no change to note in prices although me ae.
cline in other localities is having its effect upon
the views of buyers there. o,<
Coco mlddlng. .........'''''''''''''. 10
Niddling. ..'.'....''''''' &c
Strict low middling ......"................ 91s
Low middling. ..........'.'''.'."''' S5e
Good ordinary. .........'...'...''''''. SIS
Tennessee has sixteen cotton mills, represent
ing a capital of 81, l4O,6O1. Number Oh splhoies
30' i36 number of looms, SOC; baes of cotton con-
sumed, 10 436: number of operatives, 99S; amount
paid for wages slS0,1I2; cost OF cotton con-
sumed, $50, 1906; value of production, s92l6
The Times Democrat says: Theories ana estl-
mates i'm regard to the cotton crop continue to
be the order of the day, with the results from
reliable correspondents and eminent stalisti-
clans as widely divergent as eyer eu veal ah Sa
been 4 halt In the downward move, abd a
steadying up, accompanied by liberal saies OF
| spot cotton in this market WhetheI thls Is
| bly be shortly developed. As the weather.
however, continues fairly favorable ior gamer
| ing the staple, and the receipts are large, the
| bears maintain that prices VIII WORK GOWN
further, though there may be temporary hatu
raj rebounds On the other hand the buiis are
sanguine that the turning point is at mana
The average weekly rate Of con SUMPTION OF
cotton in Great Britain for the year endlng sep
tembe 80, 1852, as given by Mr. Ellison IN ms az
| nual review was 10 600 bales OF 400 pounds each
per week, and on the continent % W. p mS
| per week, making total of 10000 bales; me
same authority says that as the great markels oi
the east appear to be overstocRed WIN gooos; II
may be that the requirements of English SPIN
coed those of the old season; but tnat tne CON
tinental spinners will, in all probability in;
crease their consumption fully per cent, anu
that perhaps, for all Europe tnere VIII pc wanted
an average OF $4,000 bales per week, or an IN
crease of 500 bales per week. This would give I'VE
the continent SO 00i and Great Britain 7l,COO
bales per week The continent Is increasing lts
consumption of cotton much more rapidly man
Great Britain and much more uniformly from
year TO year If the estimated consumption Is
realized this year, 1t will show an increase on
the continent since lS73-14 OF y wv Dales per
week. and in Great Britain Of only lO,5OJ Dales
The latest reports regarding the Egyptian cot
ton crop Indicate that the quality will be below
the average. owing to an nniavorable season
insufficient irrigation, which produces weak sta
pied crop. aud the prevalence OF worms In sep
lember. The early receipts being o. eosso ns
better quality than the more recent arrivals
The extent Of the yield is more generally esu-
mated al 100000 cantafs. when would give
crop of 81, 90 bales of 63O pounds net per pAle
Ia India the season has been favorable and
the average, although not officially reported, Is
believed to be fully equal to last year. in some
districts an increased yield Is expected ana me
prospects generally are decidedly good, both as
regards quantity and quality.
Il II.