The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-26
THE BUSINESS WORLD
COMM ROJAI.,

hhLLAs, June - Inc great nre IN Mich
jgan some two or three years ago callet
public attention to the subject Of timbe
supply In the United States. To the amaze
mont of many but only confirmatory of til,
0ft.cxpressed opinions of others, IL was dis
covered that the area Of timbered land IL
tho United States was rapidly decreasing
and BY Increased percentage annually wa!
fast melting away. This at first view woulC
seem wonderful. in view Of the fact thai
coal had so far supplanted wood as fuel, bu,
the fact remains that the great forests O
Maine and the northwest and even oil the
Adirondack were melting away before the
army OF lumbermen gathering in the wood
harvest to feed the v0racious maws Of tens
Of thousands OF saw mills. Hence
tho alarm and well founded one of the 20
liticsl economist that America would, at nc
lar distant day import building lumber
g we'll as that Of tropical growth. Some
atates acting on this apprehension have &C.
tuslly changed thousands Of acres of rolling
prairie into woodland. This they accom-.
plished by exemptions and premiums. and
the plan has succeeded most notably in
Kansas. Now without the exercise of very
profound reflection, 1t must occur to the
average thinker that Texas Is pursuing
rather an Incorporate course with reference
to her timber land. They are donated and
sold without discrimination, and only
lately slight addition made to the price.
The tine pine lands on the Texas & Pacific
have been hastily consumed by
mills and moved from one site to another
until they are well-nigh exhausted. Own.
ers Of pine lands have sold them to specua.
tors, who strip and sbi p 10 other states the
finest OF our yellow pine lumber. The
small tongue, comparatively, of land COW
ared with this species OF pine, lying between
tho Longview neighborbood aud the Sabine s
mouth, Ii perhaps better preserved than
any other section of the state but that,
too. must soon disappear under the present
sYatem, which is simply this 10 cut down
recltlessly and preserve and cultivate not
az all. But what shall be done? II is said,
common sense suggests that the state
should only sell her timber lands to her
own citizens and not to foreign
corporations. That she should sell
most sparingly. and encourage the
planting and cultivation Of forests. That a
complete and thorough examination as to
her resources in that line be instituted at
once, and correct chart made, so that the
officials may know what they are selling or
refusing 10 sell. Again the HERALD would
advise very decided reformation in the
manner In which owners OF timber lands
arc selling them off. Keep them instead of
selling now, WHEN the price OF lumber at
tho mill is 30 ruinously low that the freight
and costs Of cutting almost consume the
sum paid. Let united effort be made to
reduce the heavy tribute exacted by the
railroads, and insist on q scale which will
discriminate in favor OF the nearest market;
lumber delivered from east Texas pine.
iaod Ia set down OF. Weatherford at the
same rate 1t is here. This accomplished, It
will not be necessary to chop down acres of
trees to pay expenses, and the amount of
lumber will be more equitably distributed
over much longer period. This subject
demands immediate and intelligent hand
ling by the legislature.
ON CHANGE.
The cotton factory still occupies the al.
tenti0n Of the members of the exchange.
Although there is not that interest main.
talned in the matter by many who should
devote more attention to It,
IL from no other motive than
self.interest. those who have taken
hold Of the enterprise are, Just as enthusias.
Tic now as when 1t was first originated. and
do not intend to desist from their efforts II
II takes all summer to succeed. Those who
subscribe literally to the enterprise will be
looked upon hereafter as pubic benefac.
tors, and their names and their deeds will
20 Tor ever green in tine
memory Of thousands.
In this connection II may be proper to state
that the Graniteville Cotton Manufacture
ing Company of Augusta, Georgia, has lust
declared q dividend Of 81 per cent. During
the year, 10000 900 yards Of cloth were
turned out, being an increase of $50 600
yards over the previous year. The com.
pany has in addition reserve fund of $3l,.
VOO, and will probably erect another mill
next year. A cotton mill in Dallas will Ger
tainly pay larger dividends than do those
OF auy other state In the whole Union,
GRAIN AND BREADsTUPrs.
There were about two..cars OF new wheat
received In this city to-day, and one came
10 from Trinity mills. The quality is fair,
about equa! to that Of last year, and will
grade strict No. 3, In ST. Louis, and good
portion will probably grade No. 2. Prices
paid here now are from 90 cents upward
owing TO quality. The decline in st. Louis
and Chicago will no doubt have its inilu.
ence her.. One car Of wheat was sent to
San Antonio. There were probably 500
bushels Of corn received to-day, but there
were no shipments. Prices are steady.
T0-DAy's QUOTATIONS.
WHEAT-Choice, 9Oc; medium, s5c; low grade
TIC, Nicaragua. 50d60c,
RYE-Flrm at b0Nb5c.
BARLEY-60@60c
.OkT5-3p@3,c for spring tOai 5c for fall;
oholce red rust proof, iOdi5c; In sacks, Sc I'D.
dittonal.
C0RN-ln shuck, 400 SOC; shelled and sacked,
skAGDc
aRAN-wc quote at mills. ooc; in store, sacks,
/ -.
fL1UR-we quote City Mills as follows
xxx 2 go xxx, 2 Is: extra, 9 o.; Magnolia
es p,tent O0cSi *; fancy, 8 60 as 20; choice
XXX, 40d2 co.
C0RNMEAL-Per bushcl. zoe; car lots, 1 4,
pr, 100 pounds,
FEED Chopped corn per 100 pounds, 1 30
crushed corn and cob per 100 pounds, / 90
o.ushed corn and barley per 100 pounds. . 90
corn bran per 100 pounds, Coo.
uAY-Dark. @ COOS o. bright, 10 90; from
stores. prairie, baled. dark, 6 0oCp7 90 bright
darS 7 OOds 90
MILLET SEED--9oc German milleL 1 Q,