The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-23

next cotton season, II IL to
be hoped when matters Of such
moment TO our interest can be accom-.
plshed, and without expense, that the
Board Of Trade will take IL In hand, ana "
they neglect 10, then the business men
most interested should themselves take oil
necessary stops to.Consummate 80 desirable
an end.
DALLAS, February ls.-Tho Cotton Ex-
change of this city Is already taking steps To
secure the benefits that such an organiZa-
ton can confer when properly conducted.
As the HERALD took occasion to remark be-
fore, the officers elected to ill the various
positions We're selected from among the
most responsible and conscientious business
men of Dallas, who will exert all honorable
efforts to control the cotton products of this
portion of the State, and make Dallas the
great cotton centre of North Texas. should
the Exchange accomplish the purposes
they are striving for, the city of Dallas will
owe q debt of gratitude to all those who la
Dor in the cause, and the officers will be
justly entitled TO the honors which
attach to intelligent and well di-
rected energy and enterprise in important
business undertakings. The president, Mr..
White, is n gentleman in every way quail
fled for the responsible position he occupies,
and his friends and admirers, who are
many, say when he enters into matter OF
this kind with hearty goodwill, there can
be no such word as fail. Colonel Cochran,
the secretary, is an excellent officer for the
position he fills, and his extensive acquaint-
ance and well-known probity will do much
for the success of the Exchange. The fol-
lowing note from Mr.. White explains itself,
and it is hoped our banking institutions
will not be found wanting in contributing
all in their power for the success OF the IN
change and the objects it has in view, which
are fraught with the best business interests
of Dallas and her people
DALLAS, February Is, 1SS2
COMMERCIAL EDITOR OF HERALD.-En-
closed find list of the committees appointed
by the board of directors of the Dallas
Cotton Exchange. The success Of the eX-
change depends in a great measure upon
the committees on trade and freight. II
the trade committee succeeds in interesting
half million of capital in the cotton fac
forage business here, and the freight COM
mittee obtains favorable rates on cotton
shipped to Dallas, the question of CONNER
cial supremacy in north Texas will be vir-
tually settled.
One great difficulty in the way of concen-
trating cotton here has been the rate of in
terest charged by our capitalists and mer-
chants on cotton carried here.
Houston, Galveston, New Orleans and ST.
Louis are quite willing to advance literally
and charge only per cent. interest on all
cotton shipped to them. The rate charged
here is very much greater, and consequent.
ly any merchant or planter worthy of cred
It, who desires to hold or speculate in cot
ton, is quite unwilling to pay more, and
hence the cotton goes to those mar
kets that should be received here.
Yours w. WHITE.
The board of directors of the Dallas Cot
ton Exchange met in the office of MesSrs.
Caller e. Hill February 10Th, 1889, w. White
presiding, at which meeting the following
committees were appointed:
Committee on Membership-Waid. Ent,
Lahnstlen, Henry Wolf ard p u, Kelly.
Information and. Statistics--F. c. Caller,
chairman; Johh II. Jones, p. S. Plouts,
John Zimperman, A. Oppenhemer, Henry
Mordee.n, +. II. Littlehale and II. Loeb
| ,Trade-W. r. McEntire, chairman; w.
w. Evans c. +. Carter, Jules Schneider,
| Waid Hill, Y. i. Marsalis, \. Sanger, W.
II. Flippen, j. i. Leonard and Ed Cannon
| Classiiications and Quotations-C. F..
Carter, chairman; T. B. Mitchell and
Finance-Waid Hill, chairman; w. r.
Evans and Levi Kraft.
Arbitration-A. n. Bradshaw, chairman;
| w. b. Lightfoot and +. G. Caller.
Freights-R. V. Tompkns, chairman; 7.
L. Marsais, Jules Schneider, A. Sanger, I.
Il. MITCHELL +. G. Caller, w. b. Lightioot,
Il. d. Berry, G. i. Stephenson, Z. #. Car
ter and +. A. Wilmans.
Credits-W. K. Evans, chairman; I Il.
Mitchell and L. e. Kelly.
JOHN II. COCHRAN, W. WHITE,
Secretary. President.