The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-11-27
HE BUSINESS WORLD.
COMMERCIAL.


DALLAS, Nov. % The tables Of the Finan
c,sl Chror lce, of saturday last, show that up
To the 2lst instant receipts OF cotton for the
Nyeek were 2S,77l es, against 2dg, II bales
the week previous, and against 257,0n bales
the week proceeding that week, and T7,ii0
bales the third week previous, making the
Total receipts OF the present crop
'..r20,7'6 bales, against 2leS,90 for the
same p riod of lSS, showing an increas OF
the pr sent crop of y, 500 b. O., over that OF
last year, r the Same period Exports on
tho 2lst Inst for the week ending IN { dry
how n total ofl9S, tS bales, OF which l2j,87S
bales were to Greit Britain 1893 to France
and 5l,7Sf 10 toe rest e the Continent In
speculative values cotton has been buoyant
TOR the pastten days, although each bulee
l@ heen suc eedod by depression. II
tho reader win carefully study the
iLNres give from day 10 day nv the n ERALD
40 will easily arrive al the proper conclusion.
Cotton is wTth more than those who
need IL arepble TO pay for IL under the condi-
lions ext ting. h. hard tlmes-and times
are shard -ex st not only in the
United States, but involve al o
N the world, Russia, for instance, IL
lust now und rgpng u slringenuy in its
financial posit m which is Al ogether par
llo4 OF This country And Russia is one of
no be customers this country has in its
cotton markels Agents of the czar's gov
ernm mt are here in Dallas. gents
81 french splnners are here England
has BUYERS her and New England
isstronslS repres nted { Dallas. The zen
i1emen sent 10 this city from dislan points
undertook odepress cotton by strong selling
During uCto or t.ey overso d November, and
whom November came they sold
December with equal energy and
/ both Instances they got
squeezed. That T., the squeeze has actually
occurred in November, and he loss is al
ready pocko'ed Now they are confronted
With the following solemn figures:
On the 2lsi in t. the visible supply OF tire
world was 2Alb,7al bales, and on that day
miadlng. upland cotton sold a sgd,
Liverpool rates. On the corresponding
tiyclpool rates W 70 5l5-lG; 10 1882 II was
2,ib0,50l bales, ani rates were CID; In 1881, on
Tho date given, the worlds Visible supply
vas l,WD, and Liverpool rates were 6Iad.
Now mtrlt his we'll that ON the DIST ins /.
cotton OF the middle grade brought
I'D st Liverpool, md ON October 81,
1881 II brought 6l9d, " horcas The visil. sup
~ vas about lhe same, and the & neral po-
eition OF the figures nearly similar. Since
ISL new NILS have been built and
no demand has greatly in
creased owing TO increase Of con
SINNERS rom u ,ural caus +. Civilization
ne sxtende. iiseli and more, people buy
cloth now By sew raj millions than WINS the
ase In 1881. Yet cotton is sd lower now
nan % was that year Iiut thai was II period
miniiatlonltnd va ucs as presented then were
artificial, therefore n declin' from rates
81 49, Is proper and logical, but not to the
axten' int the ~ res show. Cotton ought
10 gel NJ q now IN order 10 bring It's rel tiv
value, u d IL " apparent that such Is the
ras,, and therefore the Dccembr shorts fe |
squeezed In Nntic patton, and hence the
pulge IN prices here and elsewhere But
'armers who are still holding cotton would
lowell to hear 10 mind that the most u D.
pal Ing cordiiio 4 eXisr, and TINT In the face
" the 'esuit OF the twenty-four v AIRS
of misrule, dire disaster in ali
hrnnc as Of trade must be ONE FIR, qucnt in
cidents II ogic las { Mt naught wher, false
nnnnce ha been the rule for so long perinn
and therefore I is he part OF prudence TO part
WIN cotton on the present market and
womb o the wa months lust about to nm
fold iheir vicis II dcs. There is an old proverb
very applicable In the case under considern-
non, that one bird IN hand Is bette han q
ccvey nying In rccdom over the fields.