The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1875-07-31

The following special dispatch
was sent from here Oh Friday last
and published the day following in
the Galveston News:
Immense quantities of wheat and
oats are being sold here now, most of
which is shipped to st. Louis. Freight
on wheat per car to st. Louis is $50, a
distance OF 1856 miles; to Galveston S7O,
distance of 3l5 miles; to New Orleans
$50.
The sale of shipment of No. 2wheat
in Galveston for 81 10, when the same
was worth in st. Louis 81 30, is not apt
to encourage shipments to Galveston.
A trade with New Orleans in grain
has sprung up, and the price of wheat
has advanced five cents per bushel in
the last day or two by the appearance
of several New Orleans buyers In this
market.
1t is the desire of most shippers here
to send produce to Galveston, and they
look upon the Gulf City AS the natural
outlet for the whole State, but unless
freights are reduced or better prices
offered, Galveston will lose the trade
of Northern Texas.
Upon which the News remarks:
There are too many active minds
and willing hands to aid the grain OF
our State In other directions to make
1t safe for our people to unite their
chances of success in this direction
with any such contingencies.
1T is the desire of most shippers
here,n says the Dallas dispatch, ITO
send produce to Galveston, as they
look upon the Gulf City as the natural
outlet for the whole State; but unless
freights are reduced or better prices
offered, Galveston will lose the trade
of Northern Texas" And nothing
else is to be expected. One dollar and
ten cents is no price for wheat In the
present advancing state of the grain
market; and although the sale at that
figure, the other day, Is attributable to
the absence of demand, this very alb
sence of demand is Just what has to be
overcome.
A market must be made for grain.
Our interior friends show disposition
to send their produce here, and IT
should be seen to that 1t brings its val
ue. Let it be bought for expOrtion,
through some medium of combination
among our mercantile men, and let the
best be done to prevent its being turn
ed away from the gulf port. In u short
time. no doubt, the demand here will
DO equal tn the supply. lint i'm the
meantime the way has to be paved by
judicious management
This grain trade, In its inception,
should be regarded as something to be
nurtured and developed. 1t should
not be made even source of profit, or
thought of In that light, until the busi-
ness is fairly under way. There are
certainly enterprising spirits enough
among our business men ti overcome
the difficulty under which Galveston
Is now laboring in this particular, ana
who may devise plan whereby capi-
tai sufficient can be secured to pur-
chase all the gain that offers at its full
market value. Let our merchants get
together and try.
On the same day that wheat was
selling in Galveston for one dollar
and ten cents, the same grade in st.
Louis according to the Globe-Dem-
ocrat, was bringing one dollar thir-
ty-seven and nalf Genus 10 one
dollars and forty cents per bushel.
The difference in freight per car
load of three hundred and fifty
bushels being only ten dollars
or less than three cents per
bushel to St. Louis than TO Calves.
ton, it is clear that as matters now
stand, our merchants and farmers
are losing from fifteen TO twenty
cents on every bushel shipped to
Galveston.
As we are desirous of seeing Tex
as products going to Texas ports VIC
trust this state of affairs will not bt
of long continuance.