The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-04-25

hold about as much now as one year ago, anu
about 100 20 less than two years ago. that Is the
actual supply Is now some a0,0o l, 25o,OSv bales
larger than In 1850. Any decrease there may be
ing five months of this season. as compared with
the same period OF lSS0-estmated ~ $1,000
bales-will, II is now believed. be more than
offtet by increased shipments from
India and , Brazil Consumption sG may may
years ago but the average for the next hye
months is not likely to show an increase Then
QSS0l the boom" not only in cotton, but IN
trade generally, had but fairly set in; now, ii is
rapidly subsi,ing. Then, the world was com
paratlyely bare Of cotton goods; now it's over
stocked AT Fall river there were then only
50, 900 pieces of in,s, and now l,S5O,O0 pieces,
and all accounts agree in representing the great
eastern market glutted with goods Then spin
are losing money, and hence the reports of
short time mills, without stopping their
spinne5s can, and probably will, because
OF bad trade, reduce c assumption 10 to Is per
cent by runni their machinery at
slower speed. Many have for months past re-
lied upon scarcity of American cotton 10 bring
about an advance, but this now seems almost
hopeless, FOR not only are Surats rela;
,ey om %sSs cheaper farmer in lve TesSs
than American, but the Indian crop Of this sea-
son Is exceptionally good in poiut of staples,
and compares with poor stapled and sandy
crop of American. Again, II there is any, scar
city of Gotten at the close of this season. ii is evil
dent il will not be in this city or in Liverpool,
the great controlling markets but on the contl-
nent; for there Is now moro cotton i'll the Amefl-
can ports and in and afoat for Liverpool than
there was vt this time last year. Last but by
no means least, what is New York 10 do with
her large stock? So long as there was Il specu.
lstive demand buyers were willing TO pay hig Il
premium for distant deliveries, say Is to q
points per month. which paid merchants big
interest to bank on their stocks, !. G., hold II
against short sales; but now the margin is mar
rowed down to IA to 10 points, and 1t looks ne !
it would soon be reduced to point which viii
cause very large deliveries and break thi,
market down 10 or below figures ut which eX
porters can operate freely:
The stockholders of the Huntsville cotton
factory must be making good thing OF 1t
Their recent meeting to consider the question
of increasing the stock resulted in additional
subscriptions of $40, 000, which added to the orig
$40 900 more than expected The factory rum
now LAS spindlss. A resolution was adopted
to add 1000 to 600 spindles, and Mr., j. Coon
left for the north to buy the necessary machin
cry
Seats In the New York Cotton Exchange ar
quoted at IS, 900. The exchange Is about erect
ing q building, to cost with the ground oil
which 1t stands, 100000.
| 1t is predicted that the Mississippi foods vii
reduce this year cotton crop by 10000 bales
or about one-sixth of the whole.
| Vicksburg Herald: The country contiguous t
| Vicksburg is now almost entirely out Of water
and planting and blowing is becoming general
| The prospect for the Hill City is unusually good
| A full crop will be made, and the people ar
alive with the hope which comes of the be,
prospects.