The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-02
FINANCE AND COTTON
FINANCIAL.

-,rrr,s discusses IS fellows about
s,nrt. and the situaiiom ~ i WeniNpne "
fser IN saving the same thlng me mH.Aet -
falling That is what Il = a1g MI IN O sisht M
US, tbalitwin not go on falhng, aihoogu
$50 ySas sharp upward turn Yes'ef1Hy' Sae
.a,ha market having been heavily "oFcg-sold.
In is almost waste OF time 70 slsvH;s se s,,S,
te,,bole market is effected with the >ene ser-
lsi nnlady and the mslady Is u De fouAu "a
- 49, iitisn of trade throughout the country
lie building nj lilo miles OF fs!osu lHs $50; 49,
and ibe conviction dawning on the puohe hilnd
Ssi--ss usual under such eireGmSisuceS-eN'
hi ing was overdone in tue booming years
Va INC fail OF 1873 10 the m't%H oi
! ,tyear II the ratrUai so'sIphses s'lI1suua
- t,vo wears ago could have 6ven stppey
= Gunner they would have bean; but then
"a loo lar advanced; the projectors were AZ
,oodeeply; ana 10 prevent utter lOSs they screpeu
together money or col caeu.t 10 carry WSlu
hough and The II, lOi miles OF ROAD Wefe punt.
~ have vet to be peld Tor, The mRin us.
cnSsion In the street now is are We, or are we
moi in the same condition US We were Mheh tne
manic of 1873 came on IL may De ha4giueu
What sort of u feeling is prevalent when sueh
,oIic is uppermost The best opinion seems 10
w. Ibst though there has Ueen wi u sNlrava.
Ssnce I'm railroad extension, ami we are SGnsE-
nv from short crOpS-the crops OF ISL we've
vet the country generally is in much
sonnder condition. Much-Yery much-depeuls
an what sort of a crop sc shat have this year.
If we have good one, Il viii % Tar 10 Sellihg
ms firmly on our legs again, Tor ~ IS certain there
will he a large European demand and good
nrie-s for it, GA tee other hama. II IL be short,
The Lord help Wall street. Seats on the stock
Exchange " n not be quoted at so O.O bid Al
tbis lime the general outlook is as bad a FEB
mary outlook GENERALLY is, That month being
tnoSn on the stleet rs bear month. We have
anods of disastrous extent in Oae direction, and
frishtful snowstormS putting an embargo on
railroad traffic IN another. and costing the COM
NAMES enormously to clear their tracks, The
general manager Of the Rock Island road said
ouhliely a few DAYS ago that 50 far the year
iSS9 had been disastrous one to the railroads,
ana uuless there was soon change for the bet
Ter some Of them would go into bankruptcy
comforting sort of talk that for people long OF
Stacks The thing will have to run Itself out
If congress finishes up Its business and adi0urns
ia good shape; II the weather grows mud aud
the storms Cea G; if the floods subside aud the
SHOWS melt slowly so that no second lot of floods
come down from the northwest II failures do
not occur and business improves, lhen much
better feeling will be manifest IN the public
mind, ami Wall street. rellacliug IL, will throw of
much of It's gloom, and the buiis in stocks will
again have a show" SO far this year the cur.
rent Of events has all been against them,
THE Financial Chronicle says there seems to
be possibility now that money may soon be
less abundant than il has been tor months past
althOug for the present II remains i'll good sup
ply, Notwithstanding liberal mov. mcnt OF
funds to the western centres. The reason for
this ease is the comparatively light inquiry fer
commercial purposes and the steady liquidation
in the stock market, which lessons the demand
at the stock exchange. A revival OF business
and steady upward movement in stocks
would naturally tend to make money nctve;
but, unless this season proves an exceptions,
such activity may not be greatly prolonged.
DALLAS EXCHANGE AND SILVER