The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-16
THE BUSINESS WORLD
COMMERCIAL.

DALLAS, March l5.-It is generally con-
coded that embarrassing in Texas is among
the most profitable OF all. he Industries, and
there is one incident growing ont OF tina;
pursuit TO which the HERALD sould advert
to-day. The argument for manufacturing
at the spot where the material is raised Is
now universally recognized as being neon.
troyertible This point has been especially
urged 10 reference 10 the establishment OF
cotton factories throughout the south, and
Is bringing eastern capital TO our own as
well as other southern states. But southern
people are too prone To look at their advan-
tages in a kind of wholesale way without
regard To these little items out OF which the
northern population make so much profit
True II is that the great obJect-ol cattle
raising Is the sale of the beef, but in what
way do we utilize the immense number OF
hides that are brought to northern Texas
and offered in market? The reply is that
they are at once shipped by the purchaser
10 some other market and sold at Il profit.
Why is IL that they are not manufactured
into leather aud this immense margin OF
profit saved to our own people? In other
words why do We not tan our own leather,
instead OF sending off the raw material aud
again buying il back in a different
form? In the case of other
articles of production the argument Ia
sometimes employed that we havenO skilled
labor with which TO run spndles and regu-
late machinery. But this does not apply in
the matter of making leather, as the art OF
tanning is this very simplest In existence.
That 1t is extraordinarily remuneratiye no
man OF experience or reflection can deny,
and ii any business man will con over the
list OF tanners whom be has stored in his
memory, lac will discover that larger pro-
portion of men engaged in that avoCation
succeed than In any other pursuit in life.
Bark is tho sine qua non III tanning, and
We have all around us here In Dallas the
trees In abundance for putting into success
ful operation any number OF lanneres. The
mesquite is said 10 be superior TO the red
, oak, and we have, in addition, all varieties
OF forest trees that grow in the temperate
regions except, perhaps, the chestnut In
Dor and water are abundant, and the CAPT.
tai required is less than ia any other manu-
featuring business, unless it be brick
making, Some may say that leather Is now
being made by steam and acids, Mt
cheaper rate than can be done by the Old
style OF long soaking in watts, but any car.
riage or harnessmaker, any saddlcr or shoe
maker, who knows his trade, will tell you
that the old and natural mode of tanning
produces character OF material so far su.
perior to that afforded by the more artih-
cial and hot-house plan, that the difference
IN price will not begin TO compensate for the
difference in quality. We call the attention
ofmen of even limited means TO u thorough
investigation OF this subject, satisfied they
will And 1t will pay well.
ON 'CnAHGE.
AS the HERALD has minated Tor several
days PAST, the president and directors of
the Merchants Exchange havo Ind IL in
contemplation to secure other quarters for
their meetings and transactions, where they
could have exclusive privileges and none
but members BIO admitted, unless il should
BIO visitors from abroad. To-day they Sc
cured the room occupied by the Queen
City Cotton and Grain Exchange, and will
formally take possession OF IL next Monday.
They will have erected callers stand, viii
increase the number of the blaC- kboarda,
and In addition TO the reports now received
have contracted for full cotton quotations,
both of this country and Europe, embraC-
Ing spots and futures. This is cOnsum.
nation over which the whole people of
Dallas should rejoice, as IL will render the |
Exchange still more stable and permanent, |
and still further advance tho general com.
mercial business of The city All the mem
beers OF the Exchange are expected and will |
be entertained by n bountiful and anbstan. |
tial lunch at the inauguration of tho
new Exchange room, on next Monday.
The Exchange prices for grain to-day |
We're not noticeably different from yester-
day. Transactions were light, and business
generally quiet. The weather, for the past
three days, has been uniavorable for grain
deliveries, and receipts were small Prices
on the call board were hardly as firm rs
they have been, and little was done in flu
lures.