The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-08-24
Crops and Business.

The exhaustive reports in regard to the
crops already harvested, and as to the con-
dition of the growing crops which the cor
respondents of the World throughout the
country are collecting, and which we are
giving to the public in these columns have
naturally attracted widespread attention in
commercial circles. So much depends upon
good harvests that minute information
gathered from authentic sources, is of the
greatest interest to men engaged in all
classes of business, who must expand or
contract the operations as the prospect OF
crops brighten or darken. Our advlces
from all parts of the country are encourage
ing, and when summarized they show be-
yond cavil that the yield of cereals will be
as large, if not larger, than the enormous
crops Of 1880. Even corn, in regard to
which no little anxiety was felt last
month because of the continuous rains, has
improved, it will be seen, so rapidly under
the influence of warm weather that not
only is an average crop almost assured, but
good Judges consider it not i'm PROBABLE that
the crop may yet prove to be one OF the
largest ever gathered.
1t is a matter of course that in such con-
dition. a hopeful feeling should pervade
the community. Not only is the country
to be blessed with bountiful harvests, but
there is every probability ola large foreign
demand tor any surplus we may have
With these lights to guide them
business men may safely prepare
themselves for q trade in the fall and
winter months which must necessarily be
large and which may perhaps eclipse that
of any former season in amount. one ell
feet of the favorable crop out look has been
TO create more conservative feeling among
grain operators, and it is evident that the
tt,l,ln for m un nv N
mated over all the markets for all the nee
essaries OF life are fast giving away. The
condition Of affairs during the past twelve
months is about to be reversed Instead OF
high prices for food, the great abundance OF
the products of the soil will henceforth
tend to reduce the cost of liying,and instead
of a diminishing export movement there
will shortly be witnessed enormous ship
ments of all our staples TO Europe, indeed
the demand for room OH the ocean lines has
already increased and freights have hard
ened. What is true of the steamship conf
panies is also true of the railroads, or at
least of such of them as traverse sections IN
which the crops have been harvested. In
the southwest many companies have, in
consequence of the pressure of business,
been compelled to borrow cars from other
lines. and tho officials look for steadily
increasing traffic for months TO come.
Later on, when the spring wheat and
other late crops have been gathered, the
RAILWAYS throughout the country will have
large employment, as the moremeIt. OF
cereals to the seaboard will give them bust
ness TO the east, while the movement OF
general merchandise which will be aug
mented by the activity in building opera
lions la newly settled districts. Wlli give
them heavy traffic westward. This busi-
ness, il should be remembered, will be per
formed at rates which will yield lair re-
1a nd WI
case last year, at figures which made lines
doing the largest business come out the
greatest losers 10 the end.
Should the Egyptian troubles develop
into a protracted contest Egypt will cease
10 compete with us in the markets Tor wheat
and cotton, but even were Egypt in posi-
ton to export her products as freely as US,
therefore this country, from present APP
pcarances, would have ready and proiita-
DE market for all breadstufts and cotton
VIC can SPARE and an increased export trade
means a return flow from Europe Of the
SPICES shipped from this side during the
first half OF the current year. In this con-
nection a fact worth remembering IS that
during the past wear Europe has reduced
its supply OF American railway shares, and
therefore any settlement OF trade balances
will have 10 be made in specie to greater
ertent than heretofore. IL is significant
that since the beginning OF July
the London market for American
securities have steadily moved nearer
TO parity with our own ana Una.
on Friday and Saturday OF last week the
demand for our securities from foreign
sources showed q material increase. Amer
the experiences Sbich London has passed
throsRh in her Investments IN Spanish
Turkish, Egyptian and other bonds, II VIII
be little short OF marvellous n the English
Dublic does not turn it, attention more ana
more 10 American stocks and bonds, which
Afford a good return OF interest ana real
offer greater safeguards 70 the investor than
anv other securities usually offered in that
market. ID IL evident from the activity
and uninterrupted advance IN prices ct TIE
New York stock ercbrnge that operators
and investors here already aplfe,is.s "
change for the better in the financial and
csmmercial outlOOk.-fN. y. World.