The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-24

tyity manifested anywhere, there has been
no decline III spots. In Liverpool, how
ever, the market is quiet and easier, and
there was decline of sixteenth reported,
The receipts there from other countries are
larger than anticipated, and account, in u
measure, Tor the excess in the worlds WISH
bic supply Orders from Europe are not
reported large, and are given at price cor
responding with quotations there. Prices
IN this city are nominal and our quotations
are unchanged. Until receipts are larger
there can be no accurate figures given of
the value OF cotton, or what it would bring
on the streets.
Touu 9ii 9tf
Low middllng,..,... ....,,..,.,,...,..... 90
Good middling. ..................,,.,... lOI,
Middling fair ............ los,
The market in Liverpool was quiet at a
decline Of sixteenth since last advices;
mlddllngs GIG; Orleans SIS; receipts $50,
oil which 5000 were American; sales ~, 600
OF which 1850 were American, and 900 for
expectation.
New York opened easy, was dull during
the day, closing easier, middlings H..
Sales 7o0.
New Orleans opened quiet, and closed
easier, middlings liz. Sales 1900.
Galveston closed irregular, middlings liz.
IeCclplS Lou. SaleS iOU.
The st. Louis market closed quiet, mid
dlings lit. Receipts 1,0ll. Sales 2l5.
Shipments 9,733. Stock on hand 1850.
The cotton movement shows the net re-
ceipts to be 46, 443 against 90, i02 the cores
ponding day last year. "A decrease of 53,0i0
bales. The exports to Great Britain were
52,Al; continent, ll,G0; France, 1870;
channel ports, none The stock on hand at
all the ports was l,090,0l6
The Memphis Cotton Exchange have de-
clined to entertain the proposition to in
augurate future board.
Of the current American cotton crop
Great Britain thus far has taken 100000
bales less than last year to corresponding
date, and the continent 200, 600 bales less.
Ten boIls per stalk will give 800 pounds
seed cotton per acre Usually 800 pounds
seed cotton make 800 pounds lint cotton.
me cotton plant is supposed to be native
on the gulf coast OF Mexico, as Cortez on
his first visit found the natives clothed in
cotton fabrics of their own manufacture,
Its cultivation has been continued to the
present time in Mexico, but with very little
Improvement in the methods.
The Liverpool correspondent of the New
York Bulletin says:
A feature in the cotton market this week
has been noticed in the readiness of manu-
tacturers to operate on the slighles conces-
sTons by sellers. The business done ex-
ceeded the estimated sales by 1880 bales
and fair portion of this was found to be
due to q change of front by spinncrs going
IN LOT East Indian cotton in preference to
American, where grades allowed The
comparison with one year ago shows that
Ill KINDS which compete with one another
there IS wide margin, Fair and good fair
Oomrawattee are 1l-l6d and 3D., and Dhol-
lerah Id. and oiled. lower. whilst ordinary
ana good ordinary American are Id.
higher.
This disparity between values has at
tracted attention, and in consequence the
Official quotation for the American grades
have been reduced Id. this week, whilst
Surats are only partially lied. lower.
SpinnerS have moreover had trial lots of
Surats, and these have led to repeated Or
ders for quantity, especially ITO arrive"
and Oh the c. /. (. basis a very good business
IN these being done this week both here
and in Manchester.
In the manufacturing districts operatives
are, agtating for advanced wages, and
with the cotton section it is noteworthy
mat the Great Western cotton mills at Bris-
lol are shut down, owing to the hands being
Wv va INV WI btNttl pay. IIt OluIlnll
masters justnow are considering demand
Tor o per cent, increase and the north Lam
,ashire hands are asking "a per cent. ad- |
vance. The spinners are not in any mood
70 concede TO either of these, and, with n
5lut OF manufactured goods in both the !
nome ana foreign markets, they would not |
pc averse to shutting down for awhile TO |
allow time Tor the markets to get lightened |
IF stocks. This view keeps Spectators in
Liverpool in check, and accounts in part
or the refusal to follow the higher range of !
prices in New York and other markets,
Inc etymology of the term "bear" is be- |
ieyed to be this: When dealer in stocks, |
)r Tor that matter in merchandise, had sold |
more IMAM he was capable of delivering, he !
vas naturally bare of the article, and it |
vas naturally his interest that prices should |
all, in order that he should cover his en- |
;agements and be no longer bare. |
from the adjective the transition to |
ne substantive of the same sound |
bear was easy. The growing bear being |
nus embodied, his antitype, the bull, was
lot long in making an appearance. Ii is .
curious to find In the popular
mind diliused notion that bulls are the |
more virtuous creatures. This is some
lines fallacy. The bull is usually a spec
lator VINO proposes to gain merely |
y, market fluctuations, and to |
ish in troubled waters. The |
eal investor, for instance, is often a bear i'm /
pirit because he awaits an opportunity to
my cheaply. The cotton manufacturer
Who CONTRACTS to sell cloth is in spirit bear
II yarn and other materials, which he re.
luires to buy cheaply--that is, unless he
laS already boughttoo much of such ma.
erals, IN which case he has oyer.traded. .
some amount of speculation is no doubt |
'oou, wholesome, and necessary In bust.
less. II is only when the one party Is much |
bythc opposing party that mis-.
For years pastthe bulls have
lad their own way in France, being able to
borrow money with singular facility, until
few months ago, when the aspect OF fittings
,cgan to show signs OF changing, and this
week the bears have been paramount.