The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-09-07
LIVERPOOL.
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to-day. to-day. yesterday
COMMERCIAL.


DALLAS, September 6.-The following extracts
are taken from the Selma, Alabama, Argus, OF
September 2nd, and shows what was accom-
plished by the merchants of the little city OF
Selma in the concentration of cotton ana traue
there:
"As giving some little idea of the voluma OF
business done in Selma, we will state that during
the cotton year of 1881, ending september lst, III
bought by the City National and Commercial
banks for this place. The sum Is suiIci s.,;
large to move 1000 bales OF COTTON anu oi. ~
that Semas trade is truly immense ioT Ci'5 - VI
its size. Twenty.one pa'es OF new cot-
ton were brought to the city YESTERDAY t py une
different railroads, apporuoned as el I1lo"s:
Louisville d Nashville DIVISIONS ,t oGihn ~
Sew Orleans. A. +. t., V. " u. A. Y. uiVisivh' o.
ana IS & NJ, 3" l.,
Setna last year QO0 bales OF cotioti ot IA
and of these seveS1 600 bales the year peioIe ~,
the railroads. Twice earrleu iaI yais ed
| grown in the same area around Selma. WIN
was done there can be done here if our mer-
chants and bankers are as wide awake to the
subject as are those of Selma. The four
railroads of Selma are under practical mana
| gers who understand that 1t is TO the
| interest of their roads to build up Lhe
large distributing centers on their lines, anu II
is Understood that the officials of the railroads
| centering at and crossing this city, are alike
willing to do all in their power to offer the same
facilities to Dallas as are afforded any great IN
| land city in the south. 1t remains with our own
citizens, merchants, bankers, and cotton dealers
| 10 act their part in inducing the shipments of
cotton to this city by rail and otherwise, and II
they are true to their interests and the pros
perity of Dallas, they will offer such induce,
mGnts in the way of Announcements OF goods ana
money TO country buyers as viii bring al least
double the amount of cotton to this city that has
ever before sought this market. Concentration
oiaction and determination to accomplish this
aid, will prove successful.
DALLAS, September I'm reviewing the bus.
mess of Dallas for the past week the increase OF
the wholesale trade of the city is worthy OF first
mention. Several of our heaviest dealers, by
reference to their books find that their sales are
| fully double what they were one year ago at
this date And this increase is not confined TO
any particular branch, but extends TO every de-
one of our leading dry goods merchants informs
us that a few days ago he sold to one party ten
thousand dollars worth of goods, and that his
sales are changing from small invoices
to dimensions not surpassed by
many of the heaviest dealers in
the eastern cities The grocery trade Is also as
prosperous, while dealers in boots and shoes,
| other branches report their sales as heavy be-
| yond precedent or expectations. Up to this time
! but one bale of new cotton has been offered on
| the market, but picking has commenced in
nearly every direction and before another
| weekly cycle rolls round there will be numerous
bales offered on the streets. The crop will be
| unprecedentedly large and all fears OF worms
| have been dispelled Prices will be established
| soon upon actual sales The grain trade dur
inc the mast six weeks has been the great feature
| on The market and it gives promise Of a
continuance for months to come. The corn
ported TO northern cities and 10 New Orleans.
Prices, il is hoped, will not fall as low as many
anticipated they would, and II the weather con-
| tinues dry and warla all that can be gathered
will find a ready market here for shipment TO
other localities before northern corn is ripened.
The present high prices given for cattle and
sboSs IN the northern cities will Justify farmers
In feeding stock instead Of selling their corn at
| fieures below thirty-five cents The great bulk
~ wheat has been disposed of by farmers, and
there Is no reason 10 anticipate a decline
Choice fall oats will soon be eagerly taken
M advanced prices for seeding purposes
The same holds good ia regard TO barley and
rye THE CROP of spring oats has not turned out
Egei Il being Pgeaeraily of light character and
n great deal OF Il discolored. This season has
Tuliv demonstrated that this will soon become
oro ~ tho nrinsipel grain growing states in the
Tnion Millet seed Is very plentiful and parties
are now selling at low prices, and many will
probably purchase next spring at an advanced
Inc louring mills turned out better quality OF
aaur Than they arc doing this year. This is
ON ing 10 The excellent quality of wheat grown
In thfs state Cattle arc coming in slowly, and
barely enough 10 supply the demand for home
eonsnmption Is ofiered al the stock yards.
aniy in small lots. and as a consequence bring
sd ~ ,iccs 1be season. is too Tar advanced fof
SScsi Calves or snIifig lambs Horses mules and
nonies are bonght m as rapidly as they are OF
tered ana forWarded 10 tie stock districts of the
STATE the wool trnde for the spring CLIP Is
sSont over ana there are ONLY a few stray lots
eSposed Tor sale, Hides are very firm
Heavy green hides are the most desira-
w,,ra,bf.a ,.-ith tha northarn