The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-03-30

posed 10 curtall their use decrease Of from
10 10 10 per cent In cotton acreage In the ATTAIN.
tlc states Is probable The area Of winter wheat
has been considerably Increased ....o.,,,,.,u
We extract the following from dessrssamuelH
Buck Il Co.'S, New Orleans, cotton circular el we
9th: stocks at interior towns to-day are H,llO
bales less than last year. spots to-day rs o9lh.
pared with the same day last year are III points
higher, while the dearest month August-ia 2i0
points better than Mt this date last year, rms
premium seems too high. We dare not hazard,
at this time positive opinion NJ 70 the future
course of prices That there is large dehcil
In the exports Is evident and that there Is, com,
paratively, smaller supply from whV ai
to draw the amount to make them cquai
s to last How year far this S daacit ABROAD ABROAD
may be met by the unusually large and unusually
good supply from India and Egypt we 90 not
know. There is talk of short time al Ol1hnm
aud depression in the cloth trade everywhere
but this Is not an unusual cry at this time Oh lle
year. Markets have all been hesitatins OF n'es
! and while few are willing to buy IN the i3ce Vi
such uncertainties, none are anxious 10 sen, AZ
are awaiting the developments OF receipts winch
| must materially affect the course OF prices III
| the spot market the demand has, for the Week'
| been liberal for medium grades, WINE ,oul-
side grades, both above and below, nunc
! been neglected. Factors refuse CONCESSIONS,
and buyers are unwilling 70 20 on
at outside prices. The result mas peen " NY"
of extreme dullness, sales amounting 10 onlE
go bales Ellison Co S circular OF ,iie ~
predicts reduced consumption III EnroPe 10, s, d
remainder OF the season, particularly o ali az r
? vance occurs on current prices. rms cans ~, w
orr inquiry of January Elbow hlgh can NY
price ofcotton go before the demand is cuttfl'eo
and consumption so reduced from molNes ~, "
economy as TO make even the smallest lhlelI
gently estimated crop large enough 10 supply
! the trader ,,. oos ,,,
The last Liverpool Shipping Express say tn'
present week will witness two importaht s't ~
in the progress of n heightened dispute IN Wv
Liverpool cotton trade the parties to when hi'
the brokers on one side, and the merchaIts o.
the other The topics of complaint are luWeI
GUS and of technical nature; Dut, rousil!
stated the case of the brokers is that thele ID
growing tendency on the part OF meIcnailts y, U
discard the services of brokers after the latle
, have fulfilled their functions of bringing IN
merchant into business negotiations WIN
purchasers of cotton, the OBJECT penn
= to avoid the payment OF the piU
kers commission The merchants, OF
the other hand, allege that the brokers, or
least some of them, have undertaken busilles
| ne merchants AS a result of the dissatisfaction
on the part of the merchants II has been re
solved to form new cotton exchange, 10 D
conducted much upon the lines OF inc SeI
York cotton ex.hange, the regulations OF Whul
will preclude the practices complained o. ail'
which, it is hoped, will in time superceue Wv
existing cotton brokers assocaiioii as se ivnr
! trail authority and governing body IN the LIVER
| poOl cotton trade This action, however Is 10
j TO be allowed to pass without opposluoh on w
nart of the brokers' association, Tor, at ul
weekly meeting of that body tomorrow,
series of resolutions are to be proposed Whlei
are of a stringent nature ana III pioho"h'''
hostility to the cotton exchange, ,.,.
The rival schemes have been much dlscusse'
; in the cotton markets and both merchants any
brokers appear to be satisfied that the TWO ihsu
tutions cannot exist side by side, and that con
! seauently compromise should be arrlVeu III