The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1877-09-08
rALL AsD TiEsEe OUTLOOK.
Hhat Same of oar leading Business
Men Sal tbeui f.-Thslr Pre- ara
slaas ard Prospects.
Taking 10 Heavier Stocks Than Thgse OF
Last faI Dry Ga0ds Men, Graeers,
Dealers in Hardware and AgricuI-
taraI Implements and others
Encourages, and Why.

'eotisgs of different Branches of
Trade for the Closing Year--Erop
Estimated at sixty Thousand Bales.
Below We publish short interviews
lad with several of. our leading mer-
'hants, dealers In grieultursl nipple.
nenta and builders material They
ire generally hopeiai, and expect 8
arge fall trade an certain branches of
business than last year. Dry goods
wholesale and retail, are
sanguipe. The abundant
crops Of the present year seem the
source Of general encouragement, and
traders call attention 10 the fact that
farmers are coming into the city, and
paying wheat money for goods as
sure Indication that a heavy cotton
yield IL anticipated. Ia consequence
of favorable signs, many OF the most
prominent merchants are preparing
for ii heavier stock for the fall and
winter trade, than that which they
took in for the fall and winter of 1876.
BANKING.
a leading banker said: "Tbe sup.
ply OF money il shorter than il ever
was before in Dallas. The loans by
business men have far exceeded the
demands at this time last year. This
is owing to their inability to collect
their claims. / think within the next
thirty days, or az soon AZ the crops be-
gin to move, there will De plenty
money here to move the crops, and for
all legitimate purposes. There ia near.
!y always speculative demand for
money that hardly think can be sup
piled this year, AID in my opinion this
is better for the country. The rate of
discount is wholly dependent ON the
supply of exchange, which is light at
present. II = i'll vary-from I to per
cens. When cotton begins to move free
~ exchange will be sold at par" He
thought that the stringenoy is caused
by the resumption act aud the demon.
itization OF silver, and Thought I hat II
the act was not repealed by congress,
property would have but little value
whatever, values being nearly already
ruined He then went on at length te
give his reasons. and upon being in
Termed that they were teo lengthy fol
this article, saifl "Weli. just say thai
II il IS not repealed at the next SEES
SIGN of 'sobgr, ss, the country will b,
rnined,n
Another banker said his institute II
had plenty Of money for their pLr.
poses. Did not engage much in hand
ling cotton, bat thought that ther,
would be sufficient money on hand tc
move the crop; II not, it could be readil,
obtained rs soon rs the crop WIS read,
and began to move.
DRY GOODS.
Sanger Brothers report business geot
for the past two months, with fsi
prospects this fall, and look upon tn,
| increased trade as proper index 70
their fall trade, which is now near q
hand Mr.. Sanger, senior member o
| the firm, said yesterday that the farm
ers are well satisfied, they have com
| menced picking cotton AMI seem to b
| in good spirits, and that the ms IS o
| his customers are now standing upoI
/ the bottom rock-a solid, health,
agricultural basis. Some few countr,
merchants have already commence,
making their purchases for fall an,
winter and seem 60 be cheerful as II
/ their prospects. This firm will carry
larger stock than last season, as the,
are making greater efforts to exten'
| both their wholesale and retail bust
ness. They are extending thei
trade in all directions, and expec
"A fine trade from tn
west this fall. Mr.. Sangel
thinks there is great desl of whea
! in the country yet spsoid, that vii
| probably he brought in with the co,
ton, aud which will enliven business
MIR. Sanger bases his prospects on tn
success of the farmers, who are bug
at work, and who are the real supper
of commerce in general, and the dr.
( goods trade in particular.
Mr.. Boals, OF Blake, Jenkins
BoaIs, said business was shade bette
than at this time last year, crops bein
equal if not better than then. Their
is more acreage, and wheat ha
brought better price than last season
Thereby relieving the farmers, whicl
was not the case at this season las
year. This, in connection with goo
cotton crop, places the farmers in
better financial condition, and pearl
'out of debt. Thinks general busines
will be better this fall and winter
This house will carry heavier ztocl
than any previous season, and lines Q
goods they have not heretofore had.
GROCERIES.
Schneider & Davis report an i'm
provemeht 10 trade at present. The,
are making no extensive preparation
and buy as required, but are, Away
prepared to DO all the trade that
offered. The fall business has not ye
fairly opened, but general improve
ment is noticeable. AL the staple ~
tieIes are generally steady. and but lit
tie change from last season at thi
time. The Dalial market Ii not lfk
es stern markets, and there 10 but littl
tiuctnation in it. No advantage !
taken OF slight fluctuations, ss 10 don
east. The firm Is looking forwar
with expectations OF q larger trad
this fall than they have ever done. tn
general condition Of the erops justify
ing the expectation. This house has
large and incres sing western trade.
Marsalis l. Howard report quite q
Improvement over corresponding ps
Rod lat year. They have heev,
stock on hand, and are prepared TO d
all the trade that Is offered them
Prospects, Is fair for good averag
trade this fall. There hiss been o.
special advance in western produce
which has run along steady at fai
prices, Their trade Is gradually in
cfeaslng, and is taking in new terri