The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-07-29
THE BUSINESS WORLD
COMMERCIAL.

DALLAS, July 2s The last panic vas ten year.
since and there seems TO be not the remotes
possibility Of an immediate recurrence OF thii
purely American financial pestilenC0 The
abundance Of the earth has been yielded The
people of the United STA es for two successive
years Its immense territorial area is being rap.
Idly filled up with an industrious population,
and the Internal sli'alrs Of economy and thflfi
have 50 prospcred that relations with the out
side world have scarce seemed matter OF con-
sequence. There can DO no better evidence Of
this fact than is seen In the uding over on ou'
side OF any other people The HEkALp advoi
dated and sustained the silver bill, and
our people have been greatly benefited by THIS
popular medium OF exchange. Yet II must
be confessed that II was a very bold move 10
adultefate coin. Nevertheless II has been a
success, and one which no other nation under
the empyrean vaults could have made, We
hulged II through, and the dollar Is dollar,
ana there arS great many OF thCm. III some
centers -onlv few-lhere Is discount but as
general rule they pass aud nobody objects 70
their reception. The reason OF this Is simply
that wv are rich and prosperous peoplo'-wiih
grand prospects and 0illatus SIN matte 4 DO
not affect the American nationality, ana The
very truth Ia that with our wonderful productive
capacity, and the continuous stream Of lmmikta.
ton from other lands, we are fast heUOm W th
residuary deposit OF ih) worlds surplus IF
wealth Aud this unexampled stat, OF health
lul COnulllOn IN uut W no hNNNuuliuuh hAhNN VI
simirs Since 1879 there hHS been no fditign
war 10 swell the volum, of our sa,ls-g uulver.
sal Dencn has preVniled-Our great debt mas been
rapidly paid of and the c0nsols OF Gftnt britain
a'o no better / an our nation obligations
Truly we should be a gineful nntlon, and Ia the
rapid accumulation oil wea to II would be vile
ingratltudo to forget that We are loligous
people whose Anglo'SdXon ancestry has Dent
every foreign influence to It's nature und caused
our countless millions 70 worship at the shrinc
az q AIp,tnhtp- Wn "A uiaf hpliaVp la
Cromwelian theory that the eatn bel ugs Ia
the SAINTS and we are the saints but we do
think that on sabbath mora II Is wei to con
gfatulats ourselves and thank the great Dis
penser Of blessings for the w0ndtous blindness lie
has poured upon our heads from Ills horns Of
plenty aud mtness.
GRAIN AND RRrApsTUFFs,
The receipts OF grain In this city to-day were
only moderate, About 100 bushels Of oats, 3Ot
bushels OF corn aud 400 bushels Of wheat came
during the past week and has hfotieh lOcenis
Nicaragua wheat Is firm at 80 cents, aud Il
few loads OF rye sold at 80 c0nR, The re-
ceipts by rail to-day were five cars of oats, one
ofcorn aud one of wheat, The shipments were
four cars OF oats and two OF corn. Prices a.
given below arc correct
To-DAY's QUOTATIONS.,
WHEAT-Choice. O0c medlum, S5c low grade
TIC: Nicaragua. 800,
RYB-Nomlnal at SOC,
oATs@choice. 27c; spring, go sacked SO.
higher.
CoRN-In shuck, lo@i5C; shelled and sacked
BRAN-we quote at mills zoe; In Storc sacks,
choice soaS 10; XXX. Q zoos iS * XXX x
? 1902 90; Xxx, 5000 40
CoRNMEAL-per bushel, 7Oci car lots, Il
per 100 pounds,
FEED Chopped corn per 100 pounds, l 30
crushed corn and cob per le0 pounds l 90
crushed corn snd barley per 100 pounds, 2 00
corn bran per 100 pounds, 60c
HAf-perk. O9oqS 90 bright 90; from
u 90 bright frco on board car. . 90
dark, COOS co.
MlLLEr sEED-C0c German mlllct i5
acKed
Underline head OF "what II cost last year tC
find u market for California wheat" the Sar
francisco Journal OF Commerce remarks "rhI
wheat fleet OF 1879 fell much behiud that o
1ool.2 In the nunbor OF vessels the quantity
carried, and the amount paid. Tho course Ol
the markets III lIoighls was almost steadily
downward. The quantity OF wheat shipped
was about two-thirds OF that of the previous
harvest year, The nv rage rate OF freight was
much lower G. a. sd, us against 81 It's 10 / I'd
last year-and the grand total about one half OF
thatof the great chipping year Tho grand
total OF freights paid for wheat was Al, i3i 2lU
l5s 3D. or In dollars, '6V1D,g11 30. FIR lour
there was paid In American coin f6GOai2 i5A,
making total for wheat and 0our of about
N6l0,3is Hut the wheat frelghs Of 1881
alone were u, O69, Isl, ~ 40, Az the rates paid
tho previous year The irelphls of the past yoaI
would have reached nearly 81 500 0D0 more M
that this amount was saved 10 California agti
culture and comm rce The rates ut which tho
largest number of ships were engaged was u,
follows;
Rate Vessels
~ Utbd ''''''...'''''.''''.s'','
~ pANu ,.,,,'ss',s,'t',,'. ',,,s.,,t,,,,,s,.,s,S
~ aApu ',s',ssssss.s,,'t.''.s s,ssss.sss,ss..,W
~ COS Al
Gi los Cd Observation-Disclosures. 4,
Twenty vessels were loaded at rates kOp
private or on owners account Tho highos
figure paid was 81, the lowest Al lis 3d.
Besides the wheat ships here enumerated
there were two loaded ~ san Diego, by A. Went
shor, with $3.50 centnls wheat and 100 barrel,
flour, and eleven vessels loaded with flour 10y
diil6ront parties, making u total OF 866 vessel
cleared for the harvest year, The number tina
sailed was latecE as several clearing In ISIS
sailed In 1929,