The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-10-05
Commercial and Financial.



Commercial and Financial,
STOCKS.
NEW YORK September 30.-The stock
market opened irregular, but in the main
at O fractional advance from yesterdays
closing prices. In the earlier trade there
was furthur fractional advance. after
which the market became weak and at IL
O'Clock prices fell off to II, Louisville &
Nashville, Delaware, Lackawanna ~ West.
ern and Union Pacific and Erie preferre
being most conspicuous in the downward
movement. a -..ggs,..-+
TOTAL VISIBLE SUPPLY.
New YoRK, September 30.-The total
visible supply of cotton for the world is l.
3O5, 25l, Of which 576, Isl is American,
against 1 ,764 ,001 and 1854 respectively
last year. Receipts of cotton at all interior
towns, S6,3S3; receipts from plantations,
1853, 1l6.
WEEKLY BANK STATEMENT.
New YORK, September 30.-The weekly
statement of the associated banks issued
from the clearing house to-day, shows
the following changes: Loans decrease,
Sc, POI ,6O0 specie decrease, $2,596,5G0; legal
tenders increase, $589, $780, deposits decrease,
So, 760, AGO. circulation increase. $l62, 400;
reserve increase, 1874, 400. The banks now
hold S21374 ,250 less than legal require
ments.
TOBACCO STATEMENT.
DANyILLE. VA, September 3O.-The to-
bacco association reports that in the year
ending to-day there have been sold 25,57O-.
600 pounds of leaf tobacco at an average OF
1881 per hundred, against 3o,55O,OOO
pounds, at an average of $1O.S9 for the pre-
ceding year.
New YORK, September 3O.-The Posts
cotton report says: Future deliveries at
first call sold at decline of points and
lost soon after an additional to 3-1OO; then
followed an advance of 10 points, succeeded
by new decline Of to 10points. A slight
ket closed barely steady, October points
lower than yesterday; the balance 6 to 3
points lower
New YORK. September 2S.-The stock
market opened irregular, but in the main
at an advance from yesterdays closing
prices. Cleveland, Columbus, Cincinnati d
Indianapolis, however, was l, and st. Louis
IL San Francisco preferred II lower. I'm
mediately after the opening the market
was somewhat irregular, but subsequently
became weaker, and sold down ! to IL,
Michigan Central, Louisville IL Nashville,
Oregon q Trans-continental and Delaware
Lackawanna & Western being most conspic-
uous in the downward turn. At IL o'clock
a rally of to took place, Michigan Cen
trail leading therein.
FUTURES.
New YORK, September 2S.-The POSTS
cotton report says: Future deliveries de-
clined: September points, the latter
months 8 points, but not only recovered
the loss but October advanced points
above yesterdays closing quotations At
1,n hir1 hrOnnht /
October II Al TO II ~, November II %, De-
cember II 81, January IL 20, March IL 46,
April II 81, May II 60.
TOBACCO.
RALEIGH, n. c., September 2S.-Reports
from the principal tobacco growing sections
of the state are to the effect that the crop is
very good. There is a large increase OF
acreage, and in the western sections the
quality of the leaf is high, particularly of
the famous North Carolina bright" The |
yield promises to be unexceptionable. The |
crop is being rapidly. gathered and cured.
Improved methods Of curing have proven |
of great value in increasing the quality of
the crop. But little damage was done by |
the rain.
HEAVY FRISCO FAILURE.
SAN FRANoIsoo, September 2S.-The firm
of Kemerich & Hanson, well-known wheat
brokers and dealers in promissory notes
failed to-day. 1t is reported that bank |
engaged in discountihg business paper
holds securities of the firm for $780,
600, another bank for $4,000,
and q third for Go, 600. II Is estimated That
the total liabilities will reach $4,000. The
assets can't now be determined. Emanuel
Hanson, one of the firm, was arrested to-
day on the charge OF grand larceny, on the
OF the Pacific bank. II is
chained Hanson came into the bank yes
terday and asked permission TO take away
with him three notes made by Regenor d
Co, representing amounts aggregating
about 10000. Hanson failed TO return the
notes TO the bank, but returned them to
the makers. Steps are being taken TO pro-
tect the interests Of the bank. Hanson was
TO bail in the sum Of $4,000, and
tinued.
NEW YORK, September 29.-The stock
market opened in the main fraction lower
than 1t closed yesterday. Manhattan Ele-
waited, however, was higher. In the early
dealings the tone Of the market was strong, 1
and prices advanced 10 1. Delaware, Lack
awanna Western and Oregon & Trans-con-
tinental leading the upward movement, but
this was Immediately followed by decline
Of per cent. In Louisville q Nashville TO
"a. and 4 to per cent. in the remainder OF
he list, the latter for Missouri, Kansas 4
Texas and Oregon a Jrans-cshtinental. At
II o'clock Allezhaney Central led q recovery, ,
ranging from 10 l.
COTTON CIRCULAR.
LrvEnrOoL. September 20.-This weeks |
circular Of the Liverpool Cotton Brokers' |
association SAYS. Cotton has been In mod I
srate demand. and prices have generally
-eceded. In American there was some pree- !
,ure 20 sefl, prices were irregular and are
generally 1854. 70 1-8d. lower. There has !
been small request for Sea Island at IN :
,hanged rates. Futures have been weak. !
nd with considerable pressure 70 eel, :
prices declined 5-32d. for September. and Z
I-6id. 10 e0fd. for other positions.
NrrY err. sepssnbsr 29.-Tbe Posts .
.otton market report says- Future deliv- :
.ries 1t the FIRST call lost points, recovered |
, nan Of the loss, but declined again con- J
iderabiy. AT the third call September :
,roueht II 45fo II Is, October II % 10 Z
n p. November II O. 10 q, December :
a IS 20 N o., January II Y % II d, feh-
.urrv II n 70 II % March II -, April I
4 a. Nay II S.. June II s. 70 II %.
FAnutEs. 9
Wv ToRr. Septsm rer E.-The failures .
Iurine the last seven days, as reported 20
G. Dan A Co.'smerrnntlle nrencT, NUM- I
,er 10. of sfIirh Joe occurred IN The country :
nd 1 ia the city. Gordon, Chapman a Co, I
- = rr-is f..iers. hsve susfDendsd. Ths o
lnir aunouneemert m rtlatiOn % Their Z
'nsiness - far pubIishef y Inst rreierences 2
ave ben given - fhs smouDt q 80 90. Q
rHr uarrHKsrrI NEEEE-
Tnrrnr So eu.trr x1.-1he Mancbester p
1nard an. IN Its oomrlrrcisl artice, saTs- .
,rs1ness has H.efr rrrsI Eu1 wttuut IN .
.~1~rrnert Erinee stearT.
enIr ~ arrTI0r-
Harlr1r " g. 1-rsarIter - Ire larr- Il
ed r.r.rtIrr ~ . r1~r1 II uhrrt - fht =
rrrrrer 1rrs-rIi1. rom Ieu Orle-rs ~ =
/ all rtir1 cot 81 - eI1rfF. e. p j d. e
-.ss trr uetks 40. nla t-er sid r. a1c- =
|or. rsslirirg ~ c-1-s - tnttsl- .