The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-30
COMMERCE AND TRADE
COMMERCIAL.

DALLAS, June The business OF Dallas To-
day presents happy contrast win neariy every
other prominent city In Texas, ana " might no.
be yenturng too much 10 say win any otner
city in the south Reports from nearly all the
business centsrs In this state, not excepting Gal
weston and Houston, are TO the ehect that pusi,
ness In all branches IL very dull ana quiet ahu
will probably remain so until favorable advlces
from the growing cotton crop are determined.
In this city, however, every line OF trade II not
brisk is at least fair, and the wholesale business
has never been better. Our farmers ana plant
ers are generally out Of debt and areasking very
little credit to tide them over the summer
months The graip crons have all yielded well,
and the producers are now rr reaplhg
the benefits of thoir harvest. Ihey ag
enabled to pay cash for oil the supplies and
necessares they require and mot few are In.
dulging in luxures. This favorable state OF
affairs has Statutory effect upon the puSipess OF
the city, and sales, both In the wholesale ana
retail way. were never before so large AT this
season. There seems to be y growing demand
for more Wholesale houses here In every lire,
and it is passing strange that business men OF
capital do not avail themselves OF the opportnn-
lily here offered them TO engage In trade, winch
must prove lucrative from the day they first
open their houses. Our citizens all should lay
these facts before their friends and and acquant-
ances, and make oil honorable endcav0rs 10 Sc.
cure to the city ut least sufficient number OF
wholesale houses 10 accommodate the growing
demands that are daily being made for goods
and merchandise from The country surrounding
and tributary 10 us.
on CHANGE.
There were twelve new members added 10 the
Exchange up to u clock to-day, with II pros
pect of several more before the day closes. The
membership now numbers ninety-flve, and by
tomorrow evening 1t may reach as high as one
hundred and twenty five. After tomorrow
Friday,) the fees for membership have been
fixed at fifty dollars, and those who desire
uniting with 1t should do so ut once. The Er-
change has proven grand success, both i'll II
business point and financially. II is now
thought that the directors will order the loan OF
one thousand dollars 20 the best bidder, some
time during the coming week, the interest on
which will go far toward paying the expenses OF
the Exchange. In view of all these facts II
would be well for our business men and others
not TO delay handing In their names for mem
bership before Saturday, the first day OF next
month, and while the fees are but the triiling
sum of ten dollars.
The first case for arbitration come before the
Merchants Exchange to-day. One party bought
from another five cars OF oats 10 be delivered on
the track at Austin last Saturday. The oats
were loaded but the bill OF ladng was not
signed until last Monday The first party re-
fused TO receive the oats and claimed the differ
cnce between the buying and selling figures.
four and quarter cents. Under the rules OF the
Exchange which require the prices In this city
To govern, the damages assessed against the sec
ond party was one cent bush0l.