The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-10
COMM ERCE AND TRADE
COMM EHCIAL.

DALLAS, June g. The profits derived from
orange orchards In Florida are attracting VIDE
spread attention all over the country ana even
here In Texas there are many who tnlhS that
the possession of such an orchard would render
them content and they would seek ior hothlng
further. And yet In any part OF tnls su,le tneIe
is an industry that can DO made 10 pay lurBer
revenue, with less trouble and at less expense
than the finest ornngv-growers OF Florida The
cultivation Of pCcaus, planning tne young 'lecs
and caring for them until they are i've OF siN
years old. when they will begin to bear FRUIT
can be made fur moro profitable than the grow
ing OF oranges in Florida. 1t is true,
there are seasons here when the pecan
crop is nearly imlite ana
the same holds good with al crops
In the south not excepting fruits In Florida. II
The bottom lands in Texas were planted with
pecan trees, in five years time these lands would
sell for more than the most valuable orchards III
the Peninsular state, and In ten or fifteen years
the product of these pecan lands would DC more
than double IN value those Of any fruit orchards
In the world. The pecan tree lives, noufishes
md bears nuts for hundreds upon hundreds OF
years. while an orange orchard must DC re-.
planted every decade or two at furtheresI II
will not be very long before the growing OF
pecans In Texas will attract attention, and when
once begun 1t will prove one of our most valu'
able products and source OF great revenue TO
the state. -
ON CHANGR.
THEIR was good attendance on change 70.
day, but transactions were not large, there pelng
wide difference between buyers ana sellers III
oats Ono party offered to sell ten cars OF July
oats at 30 cents, but there were no takers car
of spot oats was sold on private terms. d. I.
Rainwater Is shipping today six cars OF wheat
TO st. Louis and other dealers are sending there
few cars OF oats. The arrivals In this city are
not very large, but during the neit week or ten
days heavy receipts are expected, when opera
tons will be much improved and on larger
scale. Prices here are firm and unchanged.
THERE were number of visitors on change
to-day from the country, city, and towns sur
rounding All are well pleased with the organi,,
cation of the exchange, and farmers now feel
that they will get better prices for their products
and feel assured that they will obtain al tha'
their grain and produce are worth on the mar
ket II Is hoped that country merchants VINO
are In the city and farmers and planters viii
visit the exchange and witness its operations
INa day or two NJ farthercst the exchange
will have their blackboard erected, when quota
lions from nil the principal grain aud cotton cen
tres will be posted.
On the first day OF july the call board will be
established on the exchange, whom futures III
grain and cotton will o call ID, for delivery mere
In Dallas. This will be IN Interesting feature OF
the Exchange and will insure large attend
ance daily
THR following instructions were issued to-day
MERCHANTS pRoDucEAND GRAIN RxchASab'
Colonel H. g. Stephenson Sec'y: -,
DALLAS, June y. lSS2.-DEAR SIR, You VIII
please post notice that after the 10th inst nc
one except members Of the Exchange will b,
permitted on the door of tho Exchange, excep
strangers and visitors. who Will have TO be Intro
duoed by member. Such visitors will not be al
lowed TO transact any business except through'i
member of the Exchange. Respectfully, yours,
A. OPPEaHEINER President
Nj. d. DARLINGTON, Vice President
W. G. HOWARD
THOMAS +. McENSIsj Directors
The above applies to business during tn
hours from II II. IN. to II m.
THE fees for membership In the Produce ant
Grain Exchange will be $50 on and after the Is
of July. 1t Is the general opinion of the mem
hers That 1. should he advanced To 500. Gu
business men should unite with 1t now Will,
the fees are but $40.