The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-08-06
TRAD fTEMs.

SURROUNDING on the Clyde, In Scott and.
Is reported as still being very slack. The
latest estimates show that there are only
about 10000 tons on the stocks, against 500
trade Is far from favorable, and shlp-bulders
haNo gloomy view of the future.
The production OF anthracite coal for the
week ending July oath was g9,ST8 tons
against lj25 tons Ior the corresponding
week last year--Hn increase of l4T,SiS tons.
The total production from January LIST ~
date is l5,SO5,T75 tons, against 10 ,5i5,l2o tons
for the corresponding period last year--a de-
crease of 1890 tons.
IL r. estimated that the consumption of for.
edgn cotton In the manufactures of Mexico
will necessitate the Importation Into that
sountry OF 2lOCO,UO pounds during the year
The Secretary OF the Treasury hns pnld 10
tho board Of management Of the New Orleans
Exposition t33B,ssi50, being one-third of the
81 100000 appropriated by Congress nv loan
New York advlces report the receipt of the
Srs' bale OF hops raised In that State this
season.
lnu annual exports OF wheat, including
Hour, first exceeded l000O0,000 bushels during
.he year ended June 20, 1870, when they were
LAG, 10000 compared with 03,4O0.0O0 tho pre-
cedng year, then The largest. In lS7g-SO they
increased to lSO,@O 900, In lSSoSl to lS8, 100 900,
then decreased In lSSl-Sa 81 I'D ,6CO,OO0, and In
1925 rose 10 liss00,0O0 The past year, with
the diminished requirements OF the British
markets and lesscnod surplus, the exports
were reduced to llO,U0OONO bushels.
Tho British Board Of Trade returns for the
nrst half Of this year show the total value OF
ho Imports for June amounted to fD.05S ,0jl,
adecrease of fT,6Sd,S7V compared with June
Of last year. The exports for the month mr.
valued OF flSBig,l7i. which IN kl,3S5,T0l less
man the declared value OF the exports In
June, 1889 The imports for tho six months OF
1854 show total value of flgS,iSl, III.
This Is fls,2ll3Ol under the declared value u
the imports for the first six months OF 1879
The exports during the same period
amounted this year 70 fll5,62l,l73, and lat
year To fll6,9l69Oo; this years figures therc-
fore show decrease Of 81 ,3i5.7Sl.
The New York Commercial Bulletin says:
"During the somewhat protrncted period OF
depression In the iron and steel markets, no
less than nine Of the seventeen stecl-rall
works In this country have been closed for
want Of business. This fact alone would In
sicatc n condition ~ things much ~ be re
arcttcd, but the unfvornble situation Is
further aggravated by the fact that, with pro-
suction curtalled over 90 per cent, there
are moro rails on the market than
hore arc buyers for. md oonse-
snently q sharp competition for business
hnt is driving prices below the cost of pro-
suction. Within few days snles have been
made OF some 1900 tons at 81, at works; n
prico which, according To good authority,
shown n loss OF 10 81 per ton, even where
tho most economical process Is In use and
with raw materials secured at tho lowest
market value since the beginning OF the
year until recently. the ability Of manufi,c-
hnrcrs to keep their works In operation seoi1s
io depend upon the economy In cost OF pro-
suction. A. the moment, the Appearances
are that, with these yet going, II will be- u
sue~tion Of who can stand the greatest
lo<ees,n
A company has been formed In san Fran
cisco, under the little Of "Thc Sonora Anthrn-
cite and Development company" having for
its object the Developments OF the coal fields
In Sonorn, Mexico. The government has
ranted tia concession OF 100000 acres of
mineral lands with all the contents, except
gold and silver. These lnnds are located near
erRyInae. The capital stock Is tlO,OOOOQO.