The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-03-30

The wheat crop Of North Texas ~ now
yapidly growing. II looks vigorous and
beautiful. The farmers nr0 unanimous IN
saving they have not had better prospects in
,wenty years. A larger area than any pre-
yious year has been sown aud tho outlook
now Is favorable for the most magnificent
harvest ever reapod, II must not DO forgot
ten however that II Is not too late for many
accidents to happen Def reit gets ripe enough
Tor tho reaper.
As wo get n good deal Of -four from Kan
sas, tho following is II refreshing paragraph,
taken from the Kansas City Times: "Tho re-
cent copious rains in Southern Kansas have
Increased the estimate Of the wheat crop
millions Of bushels"
The New York Produce Weekly says
AErom California our advices are more ih.
vorable, though they had not had their
usual quantity of rains. From our winter
wheat States the reports are generally favor
able; the plant has very vigorous appear
ance, especially that in drills, and the pros
poets are better than ut the corresponding
time last year.
The present crop situation in Texas is re-
ported generally most favorable. In all sec
lions Of the State more than tho ordinary
quantities of snow and rains have fallen dur
ing the winter, and the ground
Is now in splendid condition to withstand
che heat of summer and although drouth
may do its worst, we are nearly certain OF
raising fine crops Of grain. Last years ex'
perience demonstrated the fact that we can
raiso crop of one million bales of cotton
without rain winter or summer. IL we have
no more frost our fruit crop will be full
one.
The Plata Peidra and Dallas mines, two Of
tho most valuable claims in the chloride belt,
Custer county, Colorado, are improving with
development. The Plata Peidra is being
uuarried, the ore assaying as high as eighty
ounces. The Dallas is down eighty feet, and
shows assays as high AS sixty-nine ounces.
The company will doubtless put up a large
stamp mill near these two claims very soon.
There has been wonderful amount of
commerce between Kansas and Texas
during the fall and winter,
Texas has purchased ninety per cent.
Of the corn and wheat it has imported, near
" all the meat MS well as country produce of
minor importance from the markets of that
State. We find there our cheapest and best
markets for all these things, and this added
to the freight rates being in their favor has
done the business.
The pushing of railways into Colorado,
New Mexico and Arizona has revived mining
until it now assumes grander proportion
than ever known. Il c names of the gold
and silver mines out there are as numerous Il:
ose of counties in Texas. And rs fast rs
the roads are built that fast are new ones dis
covered or developed There seems no enc
to them, and vet the States Of Northern Ole
M xco have not as yet been brought into
market. Old miners all say they contain NOR,
precious ore than has ever been taken from
California or our territories, and that as soor
rs onr railroads are pushed across the Ric
Grande their opinion will be developed.
The Western Union people are represent
cd rs saying that jay Gould is still short 30,
900 ares of Western Union stock, having
bought in about 10000 shares.
The Wall street banking institutions ar,
all bulls on money, of course, and many con
sentative bankers, it Is said, do not think i
will be cheap again until next full. They say
that on immense amount Of funds has beer
shipped West and invested in new mimi!
enterprises; that many millions of dollar
have been put into the construction of new
Western and Southern railroads, and that i
will probably be some time before this vas
amount of capital will come back.
The American Exchange, of New York
says that the money market Of that city i
unnaturally lazy because certain banks are S,
loaded with "inferior securities" that the,
dare not adopt the conservative course 0
hauling in their "horns," and prices must b
sustained at the Stock Exchange or thei
collateral security will not be sold