The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1875-02-16

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other merchandise, Another
reason why Il Is 40 eXaggernllon 10
state that The advantage 10 the country
dealer Is In purchasing IN Dallas, VIII
be seen from the fact lhal his stock Is
made up Of 80 many different branches
Of merchandise, aud that each class Of
goods by Itself would make but a
small bill II bought In the large cities,
and hence would not by any means
compete In price with the Wholesale
bills of our IOhbera, which would be
shipped by the car lpad at perhaps one
half the rate Of height ~ II charged
by the hundred pounds, ~ less rates
would be,
Again, u close inquiry into the ruling
prices for all staples In this city reveals
the fact TINT the gradual decline In
rates Of freight In bulk 10 Dallas, aud
the advantage Of buying largely for
cash hy our merchanls Of means which
determination 10 control the Trade OF
the country properly attaching to this
commercial center OF north Texas In
duced them TO adopt, will enable them
to veil at ~, Louis or Nsw Orleans
prices, freight aud charges added, thus
saving halt the time that thepurchaser
In those markets would haveto pay In
terest on, M most OF the staples can
only be bought on thirty days, and all
merchants know that interest IL nj
ways included In the prices Of goods
boughton credit, from the fact that any
merchant IN ~. Louis or New Orleans
will, after u bill Is made on time, de-
duet 50 much for cash payment for the
same. This on dry goods aud the
other lighter material II not unire-
quently two and half to five per cent
oil the bill bought on thirty or sixty
days,
Another inducement to the country
merchant Is the fact the jobbers are re-
alizing that justice to their patrons de-
mands that he should discriminate In
favor Of his patron who buys the bills
of goods for sale at retail, aud that he
loses the trade OF such customer, should
he enter the retail trade himself
This has lost TO our city some job
bing lots in the past, as dullness of
trade caused impatience 10 realize, and
hence rather than not sell nj all for the
time, they would realize themselves.
This X, however, another wholesome
lesson our city has learned, and will in
the future, il is hoped, seduously prac-
tice; in fact We hear merchants affirm
ing IL us their fixed rule.
But the practice of such plain busi-
ness rules as the above, and the adop-
ton of prompt business habits, and
the general cooperation of our best
business men TO elevate our standard
of business integrity, will, we feel AS
sured, by keeping our friends west Of
us from going to the larger cities, and
making this their emporium, swell the
actual volume Of the sales Of this city
over that OF any season heretofore,
and make it what is intended, by loca-
ton and nature, rs well as unusual ar
titicial advantages it should be-the
emporium of the southwest.
"a critical insight into the financial
status of the city, the more fully as
sures us all this is practicable, when ii
reveals the fact that our large mer-
chants are small borrowers, and most
of those are in measure Independent
as to their credit.
The demand for loans at this time
are larger than usual, it is true, but it
is by the speculative element and the
farmer, who desire to made temporary
loans rather than sell lands and houses
or stock and produce, during the pres
ent dizziness, which naturally enough
reigns, while the plans of the farmer
rs of every other employment are
even undecided for the year just OPEN
ing up. With the bright weather and
near approach of spring every one will
leap into action and with a continuance
of the present encouraging prospects of
a good wheat crop, from which to re-
alise cash sufficient to run the farmer
until the fall crops of corn and cotton
come in, the present holders of the
money of the country will be willing
to invest and loan the same freely,
and, we 0pine, Mt rates even less than
aforetime have been obtained.
We are glad to note, among other
advanced ideas, our people are becom.
ing awakened to tie necessity of mu-
nicipal as well as individual economy,
and everywhere we hear discussed the
necessity ofputting at the head of our
city government none but good busi-
ness men and financiers, who will not
only talk of retrenchment, but who, by
the management of their own affairs,
have shown integrity and capacity,
and have demonstrated their ability to
cope with measures of such moment as
to justify the belief that they can pro.
vide, not only for the current expenses
of the city, but also cash to meet the
interest on coupons and other debts
past due, and such as may accrue here
after.
This is measure which can not
longer be put off, as it is quite an