The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-02
COMMERCE AND TRADE.
COMMERCIAL.

DALLAS, TEXAS, June The formal opening;
of the Dallas Grain and Produce Exchange Nv
the Board of Trade rooms to-day was another evil
den,e of the position occupied by TINS clly'
Justly ranking her MS the leaulng uo n1ia
mercial centTe-in fact the lietIopo,is
of trade and business In the ever AZ
vancing and progressive grea south,
west as 1t Is the first and only exchaigo vi ,Io
kind In existence In this section or III lne eiuIo
state except at Galveston. IL indicates thh. ph'
las is the great metropolitan mart Tor that Douh-
teous ron of country commonly designated the
Grain Belt of north and northwest texas, ~
speaks more potently than Ordinary Language
can convey of the great devc opmcht ihet INC
iuembered that less than decade ago iew
thousand bushels of wheat only were raised
where now upwards Of four milliohs are mar
vested, and where then regular harket ,ur
its sale or purchase was not lhouBnt, " Ont'
corn and the other cereals were cultivated 10
only about the same limited extent and 'uch Il
thing as exports was unknown, but on the con
trary imports from northern markets ior uoihes
tic demands was the rule. the eshbilshmcutV VI
the Dallas Grain and Produce Exchange ihul'
Gates that this unfavorabe condition OF things
has been or is about to be reversed anu that III
stead OF purchasing grain ana hour Texas IN
now able to supply herself ana SEND soilctnil.s
abroad 1t also indicates mat our meicn .I's
and business men are abreast with the unes
and have the intelligence, pluck anu capacisy
to conduct business on the most approved
modern scientific principles, sucf ~ prevail IN
similar transactions In the great cues througn-
out the country. The buyer ana inc seller III
stead of Flooding about the streets promiseousiy,
seeking each other propose coming logetncr II,
a convenient place where all can nave hii equ',
chance and where prices are open anu ihlI aiu
governed by Legitimate rules ana coiiui.ions, ~
Is an inducement for the agricultural commiinl-
ties TO seek Dallas In preference 10 hny otner
market and cannot fail to add largely Ill a
mutual way TO the farmer nj, m'u W
every business man In Dallas; inc large
attendance of the most substantial business men
Of this city. who to-day witnessed ana part,cl,
pated In the opening ceremonies at the board OF
Trade rooms, shows how largely Is the interest,"
felt In every similar practical legitimate eh'er'
prise by them
IMMEDIATELY after the closing OF the. core..
monies of formally opening the Dallas Grain and
Produce Exchange to-day, the following trans
actions occurred: Sixty.seven car loads OF oats,
June delivery were sold at prsceS t tHeniy
Ave cars oats June delivery, at
from 80 IL to sll-2 cents. Four cars spot
corn si.06, In bulk. One car barley, June deliv-
cry, As l-2 cents. Two cars barley. July deliv-
cry 45 cents, Five thousand bushels May wheat
els Mediterranean wheat July delivery, %
cents.
W. G. HOWARD & Co, of this city, have been
awarded II contract by the government board al
San Antonio, to furnish the United States gov.
eminent 1870 900 bushels of oats, to be delivered
nj frontier posts Twenty six thousand bushels
on this contract are To be delivered during July.
II Is probable the order will be increased TO $50,
coo bushels
The HERALD extends its thanks to Messrs s.
II. Cockrell Co, { courtcsies shown which
the following note will explain.
DALLAS, TEXAS. June |, 1SS2.-llRRALD ofFICI
You will please accept sack Of flour ground
from new wheat. 1852, AZ n compliment du,
from us TO you for your jealous support OF oul
city and state. Yours truly,