The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-09
COMMERCE AND TRADE.
COMM ERCIAI-

DALLAS. June S--while Dallas Is reaching out
and extending the lines that encilclc me areas
that are naturally tributary TO nor us lhe siehs
central market for the immense piouuclYns VI
grain, cotton and farm produce OF al uesSlip
lions there has not MS yet been Observable
corresponding increase III uo 0.u rpn,
of hides and wool from lne Grea,
plains and herding regions 70 the Moss
been more prominent than any other OF lie i
kvts OF l,In section iUr the delivery anu puIchnsc
of these impnrlilnt articles OF comihercial uaniC'
The reasons for this. are, FIRST that teseasoii u
only iainy oieheu, UNI uIoved IN induce their
shipment To this point that has been made III me
other articles named. Hides ana WOOL pafucu-
larry the latter, will soon demonstrate lh@' .hey
deserve more recognition lhah my
are receiving from Dallas uauers;
for the reason that the section o! country around
the new and nourishing towns Oh Balrd, ADhene'
Colorado City, Big Springs and score Oh othels,
is rapidly being developed IN heiuilg l"lu'ih h
and sheepralsing nma P incredibs in 30 now
country Scarcely day passes Dut what many
carloads of fine sheep pass WestwuIu iol .ho
plains and hills of the upper Bralos anu Noi w.,
ado rivers and daily reports are ieuoiy s VI sno
importation OF fine bucks and ewes from Sali-
fornie for the breeding Of fine grade HOOKS. me
agitation OF wooden mills Is also heard thIoush,,
out north Texas; particularly III Dallas, a,iu
every inducenent should be Ouereu W inhhc wy
tTuul Ill WOOL, Dluts ullu HeihiN'
cal with the commerce OF this city. they are
paying commodities 10 handle. The demand re-
mains strong and prices arc wen up,
We predict u very notceapie lhcIeuse
of receipts and shipments nom Daiias 'h'S !e"r'
ON CHANGE
There was decided bulllsh ieehns o'inceu On
Change to-day in oats. some OF inc neaNlost
dealers think prices will decline, ana thai lhls
product will sell here In less than SIX weeks ~
81. nth
tive that il will never 30 below thirty-ttwo or
thirty. three cents. one thing was evident TO-
day, that the demand for immaculate uehNoIy vi
delivery during the week was, very slrohg'
and but few sellers could DO n nonhu,
Operators were backward In making
Contracts for delivery next week although ~ was
stated that large arrivals by rail might DC ex'
pected very soon. Among the saiGs 'o,umy Wns
one for ten ears Of oats, . D., 10 DC uei'elcu
on or before the I'D, sacked at 10 cents; one
car srot on d. [ and several other sales not re
corded
THERE is always an interest manifested BY
grain dealers OH The exchange, anu ali ulc hnA
iously looking forward to the future, some Tor
lower prices and others for the maintenance OF
good figures There will undoubtedly De nc,
cline, but the bulls think before the new crop %,
corn IL on the market tho onts crop Wlll
be nearly exhausted, and that great feuucuoh
in prices ia not imminent The bears however,
seem to think, and with reason, TOO, that the
heavy crop all over the country VIII have tell.
dency to bring prices down very low. nnd mat
the markets everywhere Will be overstoeked.
Ono thing certain Is, that at present tnere 10 nh
active demand both In New Orleans and ST.
Louis, and both markets arc open to Texas
grain.
THERE were number OF visitors ON the EN-
change to-day from New Orleans, the country
surrounding and gentlemen residing in the city,
Farmers and planters and country merchants
are always welcome on the board.
THERE Is great deal of interest manifested
In the new cotton compress to DO erected III TINS
city. II IL now said that the Morgan Cgmpicss
located In Clinton, in this state, and IN which
the Houston & Texas Central railroad Is inter
ested, will be removed 10 this city. II Is repre-
scented az being one Of the largest and best com.
presses In the whole country. aud Its removal
here would add largely 10 the cotton receipts Of
Dallas.