The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-01-05
COTTON.

THE receipts of cotton to-day were larger
than anticipated at this season, reaching
fully one hundred and twenty-five bales.
There is a diversity Of opinion in regard to
the amount yet on the plantations: Ihere
are some who assert that there is fully one
third of the crop to be marketed, while
others maintain that at least eighty per
cent. of the product has been SOLO. Inc
probabilities are that there are larger guam
titles in reserve than many anticipate. Inc
belief that cotton will advance has induced
MANY to hold their cotton back fer the pres
emit. and it may not be until March or
April before it will be offered
on the market. Prices are firm, notwlth-
standing the unfavorable reports from the
dull and nominal in New York for several
DAYS, and the quotations to-day show de-
cline of an eighth of cent. The bears here
assert that it cannot be sold there at that
figure, and that spinners in Europe and in
this country are sending out no orders that
would Justify even those quotations. tbs
to be hoped that the present depression
cannot be maintained and that the
ringsters, who now have control, will meet
with discontinue in the end. We quote
to-day: 49, .,>
GOOD Ordinary. -. Va
Low middling. ''....''.'''......'.' Io,<
G1Sdi mlsading. '''' loa
Middling fair. .........., II
In Liverpool the cotton market was quiet
and dull; middlings, 5-S Orleans, 3-f.
Receipts, $1,000, OF which $1,000 were
Americana; sales, 10000, OF which, l,OoV
were for expectation.
In New York spots opened quiet, ana
closed dull, at decline OF an eighth oil
cent; middlings, IL 7-S. !,
New Orleans opened quiet, and closed
steady, at former quotations: middlin gs.
II 3-S. Sales, 5000. =,
Galveston cotton market closed easy: mid
dlings, IL 3.S. The receipts for four days
were 6571. against 10, S5S last year, showing
deficit of A ,4S7 bales. Sales, 100.
The exports to Great Britain were 32,6J3;
Continent, 20, III; France, 2987. The stock
on hand at all the ports was LII ,OoO;
against 977 900 bales last year, an excess OF
about 900 bales.
The cotton industry OF the United states
! In the census year employed $50, 223 looms,
| 10. 92l ,l47 spindles. lSl, 62S operatives. and
consumed $50 Sl bales Of cotton. The
States with the largest number of spindles
wore. Massachusetts,, 4465.2OO; Rhode
Island, Gas, 2S5; New Hampshire, ,0oS, 52ii
! Connecticut, o3l ,53Si Maine, Cy4,sso. oll
these States are in New England, New
| York had 57s5l2 spindles Pennsylvania,
| az. $40; New Jersey, 2S2.305, and Georgia,
the only Southern State that manufactures
cotton extensively, 2OO.074 spindles The
takings of cotton By Northern spin
ners in September. october and No
yember last were Gil, 40 bales. against
554, g55 bales for the same months IN
1880. The shipments overland direct 4, 70
mills north Of the Ohio river and east OF the
! Mississippi, during the same time, were
90. s07 bales and 1Ts, llD bales for 1851 and
! 1880, respectively.
The New Orleans Picayune saws: In 1903
there were but 29O, $50 sPindles in the south
ern States. In 1850 there were 5Oo, 20.
Among other subjects Of cqgitation. the
south has been rejecting on the enormous
waste involved in paying Tor thetransp0rta-
tiou Of her cotton. iron hoops and ali, u
\ mills In England. Old and New. and OF her
cotton goods back again. II Il almost rs
absurd as il Is for The Louisiana planter o.
have his corn raised IN Illinois; but TIE
Georgia planters thinking machinery J.
sou1ewhaf ahead Of the Louisianisn's. and
consequently the Georgian is raising bis
own corn. and making his own cotton
goods, neither 10 % great al extent ns hf
ought and will. but still far ia Advance q
his past usage, and very much 10 the al
vantage of his pocket. Il is an ever
chance that Georgia viii raiss
iute and make Der own bagEine, spin be-
cotton refuse into c5rdnge, and get wealthy
and lazy on a dozen utilizafions before tbs
rich Louisiana sea marsh IL put 70 account
n all. -
Ip1g70 the acreage OF cotton was IL -
O00. and the averaee yield was lc5 pQundi
10 the acre In 1881 the acreage was -,
I $50 600. ard the AVERAGE yield l5l pounfs
The States that IN the year lstl-ol had oTci
2Og0 90 acres each In cotton are ns iollev'
IN the order q Their screaee. Georgia. Tex
a.. Alabama Mississippi These we're iolloT
ed in due srter bv south Carolina. Arknn
sas. North Car0lins. Louisiana. Iennes-ec.
and Florida. The crops for The last Tires
s''' ~. ashz