The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-01
COTTON.

THERE were few scattering bales on the
market to-day, and smattering by rail-
road but the roads in all north Texas are
in such a condition that planters find il
impossible to bring the staple to market.
The higher receipts are no evidence that
the crop is exhausted, and when the ides
of March have come, it will be seen that our
fOotings will be far in excess of what many
now calculate they will be- There is no
change in prices and our quotations are en-.
tirey nominal. We give them as index
to dealers in surrounding towns, who look
to this city alone for reliable prices.
1000 ORDINARY ...,,.....,,.............
70 Low ,mluuIhg' NEUTRALITY-SUSPICIOUS.. l0H
GGiu aa l g,;;in,;,,'''''''' loS
WOOD ihluuilhg ..,..."......,....,.... 1917
Middling fair .... ..... .,..... ......... III
The Liverpool cotton market was re.
ported dull and easy at'thc opening, clos.
ing steady at a decline ola sixteenth, mid
dlings %, Orleans g. The receipts were
5000, sales 5000 of which 4, 800 were Amer.
icaA, and 5000 for expectation.
In New York the market opened Quiet
and ,n,ominally unchanged, closing dull,
middlings, u; sales, 523.
New Orleans opened quiet, and at the
close the tone of the market was the same
middlings, III; sales 1000.
The Galveston market closed easy. mid.
dlings, III receipts, Az sales, 500.
ST. Louis closed quiet, middlings, ia; re-
ceipts, IO2; sales, 800; shipments, 773.
Stock on hand, Sl,SSS.
The cotton movement shows n decline
of 3o,692 bales since the last weekly REPORTS
Inc net receipts at all the ports were 47,6j5,
against 7S,3i7 the corresponding day lnst
year. The exports to Great Britain ware
22,5O0; continent, 1897; France and tbe
channel ports none, The stock on hand
at all the ports is Linz a3, against $40 SGI
on the 4th of February last year, an excess
of 3O3,032 bales. S'>''''
BRApsTRrIT's cotton report this w.et
says that only about s per cent. of tho ios,
crop remains nnsold on plantations and In
gn-houses, The financial necessities of the
planters have compelled them to sell their
cotton early. The reports indicate that Tho
acreage to be planted In cotton for tho cron
Of lss2.S9 is likely to be much less than was
planted last year. and particularly in those
districts which suffered most from the
drought, OF last summer, and where. ns a
result, both money and provisions arc
scarce From some regions the reports as
10 the condition, OF farmers, especially the
poor ones, are almost distressing, and II is
evident mat many who planted last wear
f'"'' ',ie ,.'oi' large quantity OF
land has already been planted In wheat md
oats, and still more will he put into corn
There is not welliniormcd gentleman In
the south who believes that only about s
per cent. OF last years crop is yet in the
hands of the planters and at gin.houscs
In regard to the financial condition of
the planters, we know here In Texas
they are In this particular better
situated than ever before, nor do we be.
lieve IN any southern state even the moor
farmers arc In q condition almost distress.
ing. And again, We believe, from all tho
Information ut hand, that there will bc far
more acres planted IN cotton this year than
in any previous one. In regard TO cotton
cotton.planting, and affairs In the South
generally, We think Bradstreet's the most
unreliable paper In the whole country and
yet II makes great pretensions Of IN v.s,
means to obtain reliable facts.
The Times-Dcmocrat, one of our most
prominent authorities here on cotton. sends
us the following article.
IT evera community on earth were Iivin,
IN FOOLS paradise, II seems to INC that ths
European bears, whether spinners or snecn.
lators, may now be said to occupy that posi.
ton. In order to demonstrate the trnih Of
this statement, let us analyse the pros.
poets Of supply and consumption for this
year for the world at large, In the lirbt az
known facts. We know That with the ln,t
crop OF COCO 1000 bales and supplies from
all other sources Of i,sG3,0O0 bales. and n
stock at the opening Of that season of Sis.
w, making a total supply for the year of
p,2sl,Wo bales, the worlds consumption
was SO active Ms to have closing stock on