The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-09-01
FALL AND WINTER OUTLOOK.
What Some or Our Leading Business
Men Say About lt-Thelr Prepare.
lions and Prospects,
Taking In Heavier Stocks Than Those Of
Last FaIl-Dry Goods Men, CrOOers,
Dealers In Hardware aud AgrCul-
tural Implements and Others
Encouraged, and Why.

FOOtings OF Different branches OF
Trade for the CLOSING Yenr-CrOp
Estimated Rt sixty Thousand BaIes.
Below we publish short interviews
had with several OF our leading mer.
chants, dealers in agricultural nipple.
ments and builders material. They
are generally hopeful, and expect a
large fall trade in certain branches OF
business than last year. Dry goods
merchants, wholesale and retail, are
especially sanguine. The abundant
crops of the present year seem the
source of general encouragement, and
traders call attention to the fact that
farmers are coming into the city, and
paying wheat money for goods az u
sure indication that heavy cotton
yield is anticipated. In consequence
of favorable signs, many of the most
prominent merchants are preparing
for u 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 1.-THE sup.
ply of money is shorter than 1t 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 as soon as the crops be-
gin to move, there will be plenty
money here to move the crops, and for
all legitimate purposes. There Is near
ly always a speculative demand for
money that | hardly think can be sup
piled this year, and in my opinion this
IL better for the country. The rate OF
discount Is wholly dependent on the
supply OF exchange, which is light at
present. 1t viii vary from 1 to | per
cent. When cotton begins to move free.
ly exchange will be sold at par" He
thought that the stringency is caused
by the resumption act and the demon
itization of silver, and thought that il
the act was not repealed by congress,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 to
give his reasons, and upon being in.
formed that they were too lengthy for
this article, said: swell, just say that
il it is not repealed at the next SEES
sion of congress, the country will be
ruined"
Another banker said his institution
had plenty of money for their pIr-
poses. Did not engage much in hand
ling cotton, but thought that there
would be sufficient money on hand to
move the crop; ifnot, it could be readily
obtained as soon as the crop was ready
and began to move.
DRY GOODS.
Sanger Brothers report business good
for the past two months, with fall
prospects this fall, and look upon the
increased trade as proper index fol
their fall trade, which is now near at
hand. Mr.. Sanger, senior member OF
the firm, said yesterday that the farm
ers are well satisfied, they have com
menced picking cotton ana seem to be
in good spirits, and that the mass Of
his customers are now standing upon
the bottom rock--a solid, healthy
agricultural basis. Some few country
merchants have already commenced
making their purchases for fall ant
winter, and seem to be cheerful AZ to
their prospects. This firm will carry q
larger stock than last season, as they
are making greater efforts to extend
both their wholesale and retail bust
ness. They are extending thei
trade in all directions, and expect
fine trade from th'
west this fall. Mr.. Sanger
thinks there il a great deal OF whea
in the country yet unsold, that vii
probably be brought in with the cot
ton, and which will enliyen business
Mr.. Sanger bases his prospects on TN
success of the farmers, who are bus.
at work, and who are the real supper
OF commerce in general, and the Or
goods trade In particular.
Mr.. Boals, Of Blake, Jenkins
Boals, said business was shade bette
than at this time last year, crops 0ein
equal if not better than then. Their
Is more acreage, and wheat ma
brought better price than last season
thereby relieving the farmers, whie
was not the case at this season las
year. This, in connection with goo
cotton crop, places the farmers In
better financial condition, and nearl
out of debt. Thinks general bushes
will be better this fall and winte
This house will carry heavier stoc
than any previous season, and lines
goods they have not heretofore had.
GROCERIES.
Schneider & Davis report an in
provement In trade at present. The
are making no extensive preparation
and buy as required, but are alwa!
prepared TO do all the trade that