The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-05-04

n,ttat, ,,e,a N tg2. France, 8.02t continent
4 2gs The stock OH hand nj all the ports was |
$40 $50 bales, against 5T,0j2 the c9iiespnnulnB
day last year, itxce's 81 only -2,lys bales
A STALK OF cotton Ia on exhibition ~ Tampa !
Florida which + seven feet high' that mas petn
growing all winter and has now WehViou'
blooms and blOssmOs on II.
Ground has been broken Mt Beaver Dam lOr
the new cOttOn-mill which Is 10 be hullt tnete
The building will be four stories high ana lntrG
are to be blooms run. The amount OF capiuil
The members in the Louisiana delegation IN
congress estimate the loss to the COTTON cop III
that state from the floods at 20 per cent ana the
loss of the cane crops ut 80 per cent ne
total loss In crops, live stock, fences, elc Is pun
at sjO, 600 COO.
There is very little to note in regard to, cotton
The market is very dull. Stocks III lhe me
rior towns are being greatly reduced and are
now only $780, PSI bales against 21l i9o same tle
last year, or decrease OF Ol,3U2 pales' ~ sum
towns the decrease in the STOCK Is nsloiiiSinihs'
thus at Dallas, Texas, the stock IS only Iji pIles'
Against g. 47G last year Receipts from the pan,
taliuus since September have been ! o55 w
bales, against So g. 979 year ago ana l,ooZi loo
the wear before. The exports since september
have been 294s,S73 bales against 3.HS,5O' IasI
year or Il decrease of SO ,O9i bales. Inc u,uii
visible supply Of American cotton Is - -,o
bales, agaims: 3, S97 25G in 1851 ana i'S5Joo9 ~
1850. The total visible supply of al COTTON IS
2,s6l Cos bales against 2,y1l,oO6 III looi' ana p
"Everythir g" says the Rural Press, of Cali
fornin "indcates that cotton viii soon cut Il
figure in our produce reports As we nave
sAOwn from time to time, experiments are neille
tried in nearly AL parts Of the state nom iena-
ma to Los Angeles, and the Wclghtoi eNperirmes
has been favorable. Kern county has usurpeu
| the place which was held some yeats ago ny
MERGED county, although the latter sun grows ,s
cotton and may yet be the banner county We
read in Bakersfield paper that ninety-sN Dales
! of cotton were shipped from the Bellevlew larm
to San Francisco recently for the use OF the ore
| gon wooden mills, located at Salem. the capllai
| of the state which are noted for the hne cassl.
| meres and blankets they turn out. The agent OF
! tue company. through whom TINS trahsactiVh
was effected, says this cotton is superior 70 tIle
article they have heretofore imported from the
| cotton states"
| Professor Riley the entomologist, estimates
| the loss to southern planters from the raVages
| of the cotton urm at 81, OO,OOO Il year nun.
! erto it has been the practice to treat the plants
! infested with the insect with Paris green, very
| expensive article, but Riley says they can Dh
more cffectually destroyed with the arsenical re-
! fuse from the manufacture of anilne dyes AT a
| cost of only about cents per acre. The appll-
| cation of water tinctured with this substance he
says may be easily made with syrlngeS 10 the
under side of the leaves of the PLANS. froiesS T
Riley further intimates that the worms may De
got rid of altogether by carefully destroying me
stalks after the crop has been gathered, as the
only food the young insects feed on III the spring
Understanding in the south is rapidly in
creasng The Columbus (Ga.) Sun gives the
names of new mills built in 1881 and organized
| for building in 1889, with the number OF SPIN
dies, which, together with the addition of spin
dies in the old mills, makes an increase OF 50l,-
600 spindles in the capacity OF southern mlis.
These spindles, being intended Tor spinning
coarse numbers of yarns, will consume over
| 100 900 bales per annum. The investment OF
capital including operating funds, is estlmateu
at something over Sl2,OOOOO Northern capi-
| talists have become satisfied that cotton mills
near the cotton fields are more profitable for the
manufacture of heavy and coarse fabrics than
those situated remote from the
sources of production msaS of h ee sre
taking steps to invest their means in that dlrec-
ton. Among some of the especial advantages
which they find in the south for this Industry is
abundance of water-power, which can pc mace
| available with moderat outlay of capital, CON
genial and favorable climatic influences, sup
ply of raw material at little over the cost OF
production and no freight charges, ana q nome
market for the manufactured product
The work on the new Charleston, South caro-
lima, cotton factory building is rapidly appr0ach-
| ing completion. The walls of the main building
have reached the top of the fourth story, lcav-
| ing but one mole story 10 complete before the
building will be ready for the roof The main
| building will probably be rooted in by June
next The picker-roOm and engine room have
been completed and the ashamed rooted
The machinery for the new mill was ordered
some time ago, and most OF 1t Is ready ior de-
| livery. No. ,
manufacturing company was held Thursday
J lat . he report foe the wear showed excellent
results The net profits of the Graniteville ana
Vancluse mills combined were sl7933S, or nearly
| so per cent on the capital. Dividends amount
| ing to $1,000 were paid leaving sl25 SSS 10 be
carried to profit and loss account The produc-
ton of the Granitevile mill was ll,3l7, III yards
| of sheetings, shirtngs and drillings, consuming
! 4, OGi, $50 pounds of cotton. while the Nancluse
mill turned out e43, S7S yards of goods, using
| 5,6i3S73 pounds of cotton
| The president who was reelected, announced
that he contemplated furtherimprOvements dur
ing the ensuing year. An election for officers re.
suited as follows: President II IT, Hickman;
directors James 7. Boy2t, Hamlin Be.ttie A. b.
Davidson, X. A Fleming, A. S. Johnson. Forty
two sbares'0I Graniteville stock, belonging TO
he Company, sold after the meeting at sl75 per
share, as follows: Seventeen shares TO Mr.
| Murray, of Charleston: ten TO DR.. j. p. Boycc
| ten to Superintendent S. W. Rowland and five
| to Mr.. A. d. Lockwood.
The stockholders of the Huntsville, Alabama,
cotton factory at their recent meeting TO con.
| slider the question of increasing the stock, voted
additional subscriptions of "a 900 which, added
to the original, makes the stock $4,000, which
is at least $40 600 more than expected The factory
runs now 1.2iS spindles. A resolution was
adopted to add 1905 TO 5000 spindles, and Mr. j..
Coons left for the north to buy the necessary
machinery.
Seven prominent business men of Eufaula,
| Alabama, propose erecting cotton mill of 8, 600
spindles TO begin with. the cost of which will be
about sl00OO0.