The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-25

80 fNNiN 10 lllt
small amounts OF American cotton reported
To-day, Tor instance. the sales there were
10000 bales, of which only 1850 were Amer.
lean. This, with the action OF the English
splnners agreeing to operate their
mills only two weeks in March,
may affect prices there, and, of course, will
have its effects in this country. In this
city prices are entirely nominal and without
change. We suote:
GOOD Ordinary Observation-Disclosures iS
Low hudlhg .,,.., Observation-Disclosures. %,
mluunhS ;,'''''..',,,. ....,.,,,.a..,. l0ti
Nv l0l,
Mluuung lulr Observation-Disclosures. lOa,
The weekly cotton statement shows small
arrivals and light shipments. Fair weather
and good. roads will bring about better
showing for Dallas, The crop surrounding
place has not been exhausted and many this
agood, round dollar will yet reach the plant
ers pocket from the result of last years
labor.
COTTON STATEMENT
for the week ending February %, 1882:
Stock on hand Sept. f.....,,., s67
Receipts this week, AZ
Receipts previously ...,............ ,S5S-oi. ioi
a, Total ,,nii,.. ,,.. .'..,,,"..., 25,27l
shipments previously ..,.......,. %, S7S-ai. 100
stocE on hand ..",,.,,,..".,". 1,l42
Rainfall, lIlQ0
In Liverpool the cotton market was ouiet
and unchanged, middlings, IL ZIG Or.
leans, 81, Receipts, 22,1O0. Sales, 10000
(which 1850 were American and 500 for
expectation.
New, York spots opened quiet and steady
and closed firm, middlings, lls. Sales,
New Or leans opened quiet and closed
active and firm, middlings, ia Sales,
. Galveston closed steady, middlinrs, III.
The cotton movement shows the net 70.
ceipts for the week to be 81, 865, against
1886, ~, the corresponding day last Year y
falling OH of 77,i51 bales. The exnorts 10
Great Britain were 81 ,902; continent l5,SoT
France, 100; channel ports, none. The
stock on hand at all the ports was ,OSi, $50
bales.
THE Iron Age says; "rhe bureau of agri.
culture and the southern Journals are call.
ing attention to the increased weight of n
bale OF cotton II was not so many wears
ago that such thing rs bale of375 pounds
was common: 1t then became 400 pounds,
For the last five or six years the depart.
ment OF agriculture has been estimating IL
l'uhNss anu Nlitl lllt CENSUS WnS
taken in 1850 II was found necessary 10 In.
crease the official BALE and II was estimated
at 415 pounds. Last season the bale grow
considerably, and Il has already begun To
grow this year. The average weight of the
bales received ut our ports during October
was 1921 pounds, while for November Il was
4s6l. AT this rate we will soon reach The
Texas standard of 5li pounds. The Chat.
tanooga Tradesman, IN commenting mon
this, says The explanation Of his
growth is easy enough. Nearly
all the steamboats, and manv Of ~
railroads charge so much freight IN
Q bale OF cotton, whether II weighs 400 or
go pounds. This is no doubt the reason n,
the growth in size, but this growth has been
made possible by the Introduction of tbs
iron cotton tie, which has not only allowed
OF TINS Increase In weight, but has resulted
N decreasing the size OF the bale. The
planter pays about ; cents a pound for mi,
Tie, and sells II at the price OF cotton, say .
10 ~ cents, making profit Of 800 pcr cent
Aud yet some southern Representatives. in
congress are crying out against the hard.
ship Of the duty on cotton tie,.n
The Columbus (Mississippi) Times of ,ho
18th says There were four bales of cottan
brought to market yesterday from Inn
Plantation OF Colonel \. Terry. who livs.
near waveriy Hall, Harris county. ,hss