The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1873-06-21
riNASCIAL AND COMMERCIAL



DALLAS, June ~, lWa'
fOur quotations represent the wholesale
utipps fu United States currency (cNcen!
when coin IL specified. In nlling slnn'
Ordorf higher rates VIII have 10 De cNulh'uI
We have but little TO say to-day Trade
has put on It's summer dizziness, ANA we hccd
not look for much improvement uhtil Nu-
gust or September.
Gold Inns declined In New York to lJHi
In Galveston, II IL quoted at l5Js here pay
about New York quotations silver does not
command over III fully 90 U cent less IMAM
gold.
The general state of trade Is dull; about
what Is expected Mt this season Of the year.
oar merchants are making preparations Tor
heavy fall business. Many of the "Elm street
men" who last year erected temporary frame
buildings, because they had not the time 10
build of IL more substantial material, are now
having foundations for handsome ana COM
modious brick structures, on Main ana Elm
streets, commensurate with the rapid growth
and prosperity of our city, and with the dc-
mnnds made for accommodations for busi-
ness. II is stated that there are no less than
fifteen large two and three story brick build
mys already contracted for and in progress
of building Mt this time on Main street alone.
Some of these are to have handsome iron
fronts. and will all be first class and substan-
tlal buildings. Besides these, there are II
number of brick buildings under
contract and in contemplation on Elm street,
Commerce street, and perhaps others. We
do not include in the above private resi-
dcnces, many of whcl, are going up all over
the city and its suburbs. These are too nu-
| n. ntt nj N nunlnnrutp a..
with these additional accommodations,
and well selected, complete and large stocks,
our "mcrchaNt princes of the Square, Elm,
Main and Commerce streets VIII he prepared
by the time the fall business commences to
offer facilities to their patrons uneXcelled III
any city in TEXTS.
| The weather for two or three weeks mas
been such as to snuse very great fears for the
wheat crop, but most of last week was clear
and suitable for harvesting, and we presume
that nearly the Whole crop is saved by this
time. The yield e wheat, we believe, Will
average 10 or 20 blshcls to the acre in this
county, and the guilty is excellent.
The growing cropspf cotton, corn, etc., are
needing work; the bad weather has pre-
vented the farmers from entering the fields
to great extent, but with the clear skies OF
summer which are n,w to be expected, these
drawbacks will be rtincdied. The prospect
now Is that the corn arad cotton crops VIII be
abundant, and but Tor the excessive wet
weather which has llhdered the harvesting
of the wheat crop, or farmers would geai
smiling faces.
Gold still keeps nj TO the rise of the past
few months, and TIN impression seems to
prevail that it will shy up to about IL or IL
per cent. premium, d least until the list OF
september.
Gold, us II circulating hedium, it thought
will soon cease TO be lted here, and, us III
other commercial martswill soon be an arti-
Gle of commerce, and Currency become the
universal medium Of tratc, We shall have
TO come to it in the end, nd the sooner III,
better, we think, for all pates.