The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-03
COMMERCE AND TRADE.
COMMERCIAL.

DALLAS, June 2-N0w that the Grain ana
Produce Exchange is In active operation anu on
permanent footing, 1t may not be out Oh place
In the HERALD Offering some suBgesiloiis W
side and at distance from the city Inc petter
plan to pursue In consigning goods 10 this mar
ket would probably be TO select some member
of the exchange to transact saleh anu " Iiako e
Purchases, but should parties ABROAD nave
alfpudy established business relations here.
thly Should give strict and positive INSTRUCTIONS
81 have all their consignments disposeu Oh on
tile .xchunge, and all purchases Oh gram vi pio,
duce made ut the same place lnas w,h"ho or
them protection and insure them fair ana non.
Orable dealing and at ruling prices. ~ IS
we'll. known fact that there are many complaints
entered by shippers that their consghinents
do not realize them all that they expected 10 re-
ceive for them, and In many instance lnelr com
plants are well founded II erchant mere may
receive small consiguments which VIII not JUS
ufy him In spending nearly whoie ahy III run
ming over the city 10 find buyer, ana gehefally
the first offer made for the article Is accepted
and which Is very often below the market value,
but now II samples are displayed on the ex-
change there will always be some one III AZ
tendance who desires to purchase, ana every At
ticle shipped here will be certain 70 bring the
market price and Its true trade value. The Tor.
nation OF the exchange will he of the greatest
importance to dealers In all tho surrounding
country, and In fact In all north Texas, nnu
they should not neg ect tho advantages IL oilers
tneln III tne trhubuCllOn VI tncu bIhih huu paw
duce business.
DoISGs ON CHAN0I.
THE attendance to-day AT the exchange was
very fair, and nearly every prominent gram and
produce merchant was present. The tfansac'
tons were larger than many anticipated they
would be, and even the members themselves
were astonished ut tho magnitude OF the grain
trade being done here now, and ut season
when transactions are generally Tho smallest
during the whole year. The following are some
OF the business operations, which, however, dc
not nearly embrace all: Five cars of sacked
oats, to be delivered on or before June l5th sub
jcct to New Orleans weights, AT 40 cents. One
car on Texas & Pacific track. In three days
sacked, Al cents. One car spot f. o. b, TeXas
q Puuinc track, sacked, 40 cents. One ION bran
new, sacks Sl.35. Ono car corn IN ear. mex
week. on Houston Il Texas Central track, 10
Twenty bushels German mllct seed spot, Sl65
One car new oats, f. o. b., tomorrow, IA. one
car sacked oats, on or before June 9th, A.
One gentleman had an offer by telegram from
New Orleans for ten cars of oats. June delivery
sacked, at hfty.two cents, and the same amount
to be delivered there In July Mt forty'iivc cents
But the margins did not Justify the acceptance
of the offer
The exchange will soon be In good smooth
working order, and AZ soon Us blackboards cai
be completed dispatches will be received an(
recorded regularly from all the grain centres Of
the country. Tho members OF the exchange
were all highly elated with the operations W
day, and already appreciate the facilities thu
Offered for the transaction OF business.