The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-01-07
MONEY AND TRADE MOTIFS.

1t is strange % many people that SO few
8 American ships ara now aaoat. Seven
Rights of the exports from New York in
hsS0, amounting TO one billion in dollars,
went out in foreign bottoms, and other sea-
ports make as bad, if not worse, reports. AT
E khs beginning of the late civil war vessels
carrying the American flag were successfully
competing for at least the trade of this
tountry. Confederate cruisers ran them off
be oeaaas of tho world, Comparatively
few Of them were American built ships
hher all. Over half had been constructed
in English docks and large nunber were
.ehicered and nearly all manned by British
skailors. When Admiral Semmes had flashed
biz work greater disaster overlook the
American mercantile marine" Cen
gress was then completely under
the control of New England, and,
hc,iug in the interests of her ship builders,
law was passed forbiddiog tina registry and
he carrying Of the American asg upon any
I.INGEsel nOJ bullt III hmcIlCA' luhI enhcL-
1ment has proven fatal to American COM
mSrce" is chorus coming up from the press
of the county. The truth is our actuSl ships
FEVER amounted to much more than they 90
now The law has only exposed tho fallacy.
no nation can compete with England either
n building or navigating ships. Napoleon
bald tho Brton was the best sailor in the
world. This was nearly one hundred years
sgo and is true even to this day.
81 This country supplied 65 per cent. Of tho
wheat imported into Great Britain in 1880.
The Globc-Democrst puts the population
pr Dallas At 80 900, Sgsina: 1900 in 1870, 81
lain Of 29,500 in tea years The CD
e makes this the largest town in Texas. Gal
WESTON, Houeton and San Antonio should re-
hsmber this.
"Seversl Touring mills in Shermsr, Texas,
8nd vicinity, kavs boon changed To cotton
lniils, says the New Orleans Times. Whether
true or not it ought TO be true, since We have
nuit raising wheat and will hereafter know
Z 9Othing but cotton with here ard there hog
appearing as a phenomena and in the shape
Iii the implement of the barber. This being
The case we had better ego the whole hog
abandon grist-mils aud convert them into
cotton factories. There are several around
fItulb NibN. obut NCNH lbi Whik VI WuGub W
,grBd, ard US none was planted Of any conse-
squence last fail, there ere ne prospects of
their again running in nearly two years.
#There are $4,000 or $4,000 invested in
these Dallas mills. Their owners had better
take cut their mill.stones and put in spind Is
Fanj go to weaving cloth. They then can
make moaey certain, sure, beyond any ques-
ttion, and run every day in the year, wheat or
no wheat.
81 Baltimore looms up as one ofthe chief cit.
les of the continent in point Of commerce if
not in population. Her business has doubled
in tho last twenty years. The capacity of
Il her grain elevators is $3.50, 000 bushels. With
the exception of the floating elevators, all
+ these elevators have been built within the
last eight years. Even the present immense
a storage room ia not sufficient, and the Balti-
more d Ohio railroad has slrsady laid the
Y foundation fer sn elevator of 500 600 bushels
to be finished next February, and the North
= ern Central railroad hss under consideration
q The erection of another elevator.
Indian corn is being successfus 9ied in
Great Britain instead of barley ler ,rlt. 1t
4 is doubtful, and not desirable, if 10 orske
lager beer from corn. 1t is the very thing
for whisky, much superior drink 10 lager.
Bismsreh says "lsge beer makes man cor
pulent, indolent and impertinent." And JIG.
Bogel of this city, says that's so-Bisnarck
is right"
NV Orleans has received fraction over
1000 900 bales of Gotten this season and has
300 900 now stored 10 the city. More than
ons fourth Of tho whole crop will To Esr-
ketsd there.
Coal 10 selling for Sc so to IS per ton in
Chicsgo SO TO quality.
There is not the slightest doubt of tho ice
crop.
The revision of the sugar tariff will be in
sisted upon most vigorously before tho ways
and means committee and house and senate.
The Importance of the legislation sought
can be folly estimated by statement Of the
amount If money Involved in it. The PEG.
pie OF this countrg pay $l50000 000 year
fnr sugar, or little over 100000 day.
Forty millions Of this is collected in the way
of revenue Three quarters Of this revenue
4 is collected in New York, the other one
fourth in Philadelphia and Boston.
Following was the Galveston wool market
on the 4lh: Sales to-day 500 lbS; short
meEino, slightly bury, at q private price, but
A conceded to be a full figure Osicial prices
are unchanged. Fine, 2s@55C; medium,
22(925c; coarse, 1920; six months clip 81
less; bury and dirty 5(910c off.
The Washington department Of sgricul-
lure publishes the folio wing official figures
ofthe wheat crop of 1880 and 1870:
States 1850, bu 1875, bu
Name. 1888, 1875 3SS 9SS
New Bampshire... 2Oi, j55 1875, $40
Nern1Ont..........,.. 0EO, U96 1853 o "A
Massachusetts. ...... 1905 Is 1854
Connecticut. ."..-,. 1870 30, 3lS