The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-01-14
[ VOL. IV.-N0. 272
DALLAS.
The Future Flour Market OF tho sou,h
West.

The Future Flour Market OF tho South
West.
1t IL already an established fact that
In the future manufactures will contrl-
butte to the permanency and growth of
Dallas, but the extent and rapidly
with which this will be done depends
In a large degree upon the prudence
and judgement with which we find
ont and follow such lines OF production
as we now have and are likely to have
the greatest proclivltles for. In the
first place, in all manufacturing four
things are essential. LIST Money
capital to work with; I'd, raw material
something to work ON; ID, labor.
somebody to work, and 4th, a market
somebody TO buy what ia made. Now
that place which can furnish In some
line OF production the necessary CAPT.
tai at The lowest rate OF interest; con-
slant supply of raw material at the
lowest cost; the best and cheapest la.
Dor; aud can command good market
for all IL can make, is most likely to
succeed In that particular line, and
should direct its development In that
direction. The past history OF success
full manufacturing cities show that tho
greatest results are accomplished by
those that concentrate their efforts In
one direction, viz: that In which II has
the most of true advantage. For In
stance, Pittsburg is famous for heavy
iron work--her advantage is cheap
raw material. Lowell, in America, and
Winchester, in England, are famous
cotton mills; they have cheap capital
and abundant labor, and 30 of any other
city that has surpassed Its sisters In
manufactures, 1t has been by doing
that which could be done best. We
then ask ourselves, what interest can
Dallas develop In which she has supe-
rior advantages over other places in
North Texas? The answer is-the
milling interest-llour. No place can
command as large, cheap, and con-
slant supply OF wheat. The present
population and accessibility by rail
give assurance of the largest and best
supply OF proper labor. The capital
already here, and that which is likely
to come ia such enterprises fl
surpasses that afforded by any other
Texas town. And for u market, we
have the State OF Texas, West Arkan-
sas and Louisiana, and the great west
soon to be opened beyond us. The de-
mand at our very doors is far beyond
our ability 10 supply, and the manu-
facture Of anything like the amount
needed, would be OF volume sufficient
to allow n profit ut prices that would
exclude competition. When wheat
can be held at low rates in flrst-cass
insured, the miller can bor-
row money with which TO buy and
carry the same at comparatively low
rates, 80 when barrels are made by
the thousand, IL can be done at less
cost apiece than when made by the
dozen or hundred. Again, banks will
advance money Oh shipments at low
rates; when large and regular, than
when small and uncertain. Large en-
terprises can afford the best machinery
and most skilled labor, while smaller
ones cannot. Possessing the advanta-
ges that Dallas does, ii there be any
ruth in the adage, "do that which you
can do best" her most promising
field in which TO direct her efforts, is
In taking early steps to become, as she
may easily and speedily BIO, the -four
market oftho SoattpeSt. p