The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-12-17
DALLAS EXCHANGE AND COIN.
COMMERCIAL.

Dallas, December l0,e-ln conversation |
with prominent attorney an elegant gem |
teman, whose practice is extensive with |
the whole northern portion of the State, he |
remarked that the number OF business fail |
ures In Northern and Western Texas, so Far |
this year are not in excess of fifty per cent |
of those of the past two years, and that the |
amounts involved were still less. He fur |
ther said that in every instance this year, |
so iar as his observation extended, the fail |
ures were the results of outside speculation |
This speaks well for our section and is an evil |
dence ofprosperity. In connection with this, |
there never has been year in which our |
merchants, both wholesale and retail, have
found collections SO satisfactory. There is |
undoubtedly more money in this portion
OF Texas than there ever has been before, !
and no people in the world at this time are
growing rich and easy in circumstance
more rapidly than those in our own Ste \
The main dependence of our people is .oe
upon the agricultural resr nov
OF the country, and while the yields Erv y,
staple products have not been al % lh'
their value has been far abov 'uhuaht
former years, and the amounts , tnaI u
the farmer and planter for their ,.SiiAVu ..
been greater perhaps than in 'SuUI na.'
season. 1t is pride and gre ,; asn prGv,o "
to know that this condition n T'Sn'ioiito u.
and that the outlook is 81, W. ai , cA. .i
wears 10 CONC 81 prosperity TO
business stp'1say As brisk ana street.
late in the evening The coming Chris NJ,
,ui AZ =, bringing ont In,
Iuy,W "d" lie good, who remcmhe
.,, et',, ' heen's and many o present has al
rv nio c or Il .ecured and hid away as u sur
pltso ., IL, lose who know all about it. Their
In ola a.. a.. L..
on nus advanced in all the markets, In con
sSSqu' ace of the advance in petroleum
onp mt changes have occurred in fruits an,
W.ts and other fancy articles. Firccracker
ere very scarce in the market, OWN
TO the loss of one yossc
from China and the failure of another to AZ
rive on time. They are now selling at 5
per box, with but few in the market
staples are firm, but without change worth
declined quarter OF u cent Meats are un
changed.
As late as 1896 the mgar.canc wa
ground in Louisiana by cattle. But tn
use OF steam made u marked improvement
III the production, so that II increased from
10000 hhds. In 1893 to 5000 hhds. in 1885
and 100000 hhds, 1913. In the decade iron
1919 to 1853 the yield went up 10 iiD, 32i. Ii
loOl tne amount OF sugar manufactured In
Louisiana was 459, 40 hhds. 1t has ncvo
since risen beyond 10000 hhds. Durin!
the war the yield fell as low Us 10000 hhds
Since the war the yield has been uncertain
and fluctuating. The average yield pc
acre has greatly fallen Off, and the qualit,
OF the product has never been equal to tina
raised In the English colonies in the Wes
Indies, from which we annually impor
sugar TO the value Of $l00,Oo0,6 600. TIN
hope OF the sugar planter to overcome thu
tendency Of his crop to decline lies In tw,
directions = the cultivation of fresl
land and the use Of improved machinery
by which oil the Juice Is cxtracte,
from the cane. The labor system Is by n,
means perfect In Louisiana. The custom
70 allow tho negroes Toe a day and n pate
socultivatc on their own their account
This. under. ordinary circumstances'
satisfactory, but the detection of his fore
FROM planter at q critical time during An
scnson OF cutting the cane Is inlurions
not ru,nous, 10 his prospects for tint AZ,
som Tie labor problem In The Sow,h
o''v WAT mas yet IA lie solved
Nulhvgr Grow ON little trees which, loo