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

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~, ,VW ,i,lluuIihg ACKNOWLEDGEMENTS, l0i6
i III y ;;.,,''''.'.. .,,....,... 10a
1o0d mlddling .............,..,......... lO5i
ialI IL 2,
Inc Liverpool cotton market was Quist
and unchanged, mlddlings o., Orleans 81.
Receipts $3.50, sales 5000 of which 6.3JJ
were American and 600 for expectation.
New York spots opened quiet and nomi.
naIly unchanged, closing dull and easy,
middlings r. Sales, 40S.
New Orleans opened quiet and closed dull
middlings liz. Sales, $500.
galveston closed nominal at decline OF
asixteenth, middlings H. Receipts, 90,
The cotton movement shows the net re.
ceipts at all the ports to be 604Sl, against
g4,o3o, the corresponding day last year, a
decrease of 3i,05l bales. The exports ia
Great Britain were42 0lS; continent, 4O,077,
channel ports, l,6l7; stock on hand, ,l33, O92.
NEW YORK, January 2S.-Ellison's circu.
lar places the weekly European consump-
uon Tor the balance of the year at lbs 600
bales Cotton spinners' stocks are lGS.O0D
bales greater than last year. Ellison re.
gards the American crop as $4,000 bales.
Ample for Europe this year.
FROM the above dispatch it will be seen
that European spinners still regard the
American crop at 100000 as ample for
Ihelr purposes 1t may be that they calcu-
late more correctly than we give them
credit Tor. The stocks on hand mi aIl tbn
ports in this country are now about 800 600
bales more than they were at this date last
year, and from this date to the first of April
last year they had decreased nearly 10000
DaieS. Now suppose our receipts should
fall OIL weekly say 10000 bales, there would
stu be nearly as much cotton at all the
ports IN this country next April as there
was on the first of last April. With this
large stock on hand at ali the ports, as well
us ut the interior towns, with lGS 600 bales
more III European spinners' hands than
year ago, and the increased amounts at
nome mills, IS 1t not little too previous
to look for much Of a rise Mt this time. and
That, too, when financial panic threatens
Europe?
The value of the present stock of cotton
IN Memphis exceeds $4,000
ABOUT a week ago the st. Louis Repub.
Ilcan published the following items. They
are good reading to-day:
a cottondealer received dispatch yes
terday nom New Orleans, containing the
opinion oil an authority there who was
never known to slip tip" on his predic-
tons. He waits until he has ample grounds
Tor stating his opinion, and he now saws
mat the bottom prices for the season have
been reached. Cotton must advance. he
thinks. ''>
Some one wrote on the blackboard at the
cotton exchange yesterday, Look at the
small receipts, boys; read the Graphic
and then have talk with b. and NJ"
there Is evidently Joy in the ranks of the
bulls" here.
A heavy holder of cotton yesterday re.
fused TO sell any OF the staple at &c above
quotations; lie 50 id he wouldn't part with
u single bale now, because his faith is firm
in sharp advance.
The special white chalk artist at the Cot.
ton. exchange yesterday drew sketch
which rather tickled the bulls" He placed
on the board a nest containing three eggs
marked IL, II and Is, with the hen ready to
SET The old hen is on it, and don't for.
get it, was written beneath Some one
marked the TO- egg added"
The Little Rock Gazette says: The cotton
exchange yesterday afternoon was the scene
OF considerable excitement, aS it generally
Is every FRIDAY, that being the end of the
cotton week, when the interest is conferred ON
the receipts OF the week The wires vere
tardy in bringing the wishes for inCorma.
tlon' so to pass away the time an inn
pronptu pool was made M, to guess at the
receipts ut the ports for the week. The
members and visitors present began 10
figure, and look up comparative data.
When all were ready with their slip of
paper inscribed with their estimate, n LIST
was made, which showed the gucssers 10 be
all OF ore mind, the number of bales NOT
varying 1000 bales. When the dispntch
was received, Hon, John q. Fletcher was
found to have hit the exact number ofbales
VIZ 9J,l'5' 1t is clear to believe that If !,
u, II. marks in tho 0upssiny r,,l "a ~
crop this year, that his chances are yood