The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-08
COMMERCE AND TRADE
COMMERCIAL

DALLAS, Feb. THE HKRALp has been ffe
Qusntly taken TO task for constantly advocating
the expenditure of money on the part of ou
citizens for very many improvements which ar,
seemingly In advance OF the ability of new
city TO accomplish in limited time. II take!
money they say, IA put on srsceessftil footing
all the varied enterprises. aud our business mel
in growing and prosperous but comparatively
young centre cannot do eyerything at once
Very true, but We will unfold TO the public oui
reason for the onstant Indictment ofthe HERALD
towards the development of our natural re
sources, We are profoundly convinced of the
fact that there is to be great city In north
and continued effort can attain that position
We are further satisfied that without the most
energetic and devoted purpose on the part Of
our people she will not be elevated to the me-
tropolitan proportions which her present
advancement aud inherent superiority
OF locr ton aud facilities should entitle her u.
Hercules helped the man who put his shoulder
save those who did all they could for themselves.
In the fairy-like transmutaton of western aad
southwestern territory from wilderness to civili-
Ea.i0n, We have seen great cities arise which for
grasp that the idea of riyel seemed to be tho
merest delusion. And yet g. Louis grew into
greatness long after Cincinnati and Louisville
had contended for the mastery. whilst Chicago
has stepped In aud become the second city In
the Union. San Francisco has grown into regal
grandeur and Cleveland Toledo and other
cities have expanded az though touched by the
wand Of the magician. Now, what does all this
prove? Simply that our vast empire Is being
are 30 developing Its natural resources that
large centres can be established In mauy places
10 suit the convenience and wants Of Increasing
are alive 10 this fact aud one of the great
objective. points OF the heavy proprie'
building ofciiies, we h"vs advantages far su:
perior e any other city south Of Missouri and
ton h Texas Central roads, at
this point was tho foundation OF onr preten-
slons. and the completion OF other lines and
through US, especially the 81 Louis & Texas,
will give us access 10 all competitive markets.
But we have tho Indian Territory above us,
which may not be settled for years. and emigra-
ton once started from the east ana northwest
San settle at no place short of our section. I'm
rivaed fertility Of soil. the opinion 50 widely
spread, that Dallas Is the coming city, together
with the fact that we are tho natural centre to
country now as well defined as II Its boundaries
were mapped out on the chart all press us 10 the
'front.' And is this result worth struggling for?
Land In this city not ten years since, sold BY the
acre; now real estate is valuable when sold In
small lots, and II our ownward march Is not re-
tarded, avery short time will witness Its sale by
the foot nj prices which would enrich the hold.
ers OF but q mall territory. Business would DO so
stimulated that all could command heavy
trades. The workingman would be
ever in demand and the professional man enjoy
that constant. occupation which ever follows in
tho wake OF population. In fact we would all
be enrehed--sOme more. some less-by the In
lux OF immigration and the establishment In
our midst Of various and varied industries. And
yet we must not close our eyes to the fact that
every one Of the cities OF Importance we have
mentioned have bought their success by incos-
SAINT vigilance and unlring effort True 1t costs
money TO lead, but II Is worth money, and the OBJ
m m ua nj In IN ba do
rived Ii so disproportlonale to the means neces.
sartly expended as TO render the comparison
absurd. We must remember that the corpses of
ambitious towns line the strand and the banks
OF the Father OF Waters With all his tributaries
They have committed felo do 50 by inertness
and over confidence. Let US take warning from
their sad fate az well as the bright examples of
successful marts, and strip ourselves toths waist
Tor tho championship OF municipal greatness In
northern Texas.
On 'CHAEdE.
Tho transactions on the exchange to-day en-
braced about ,hc usual amount of trading In
grain, but dealers generally were anxious to
buy, and holders were firm and II might be
said, defiant In their askings. The weather In
the last few days has initiated against receipts
by wagon, and the demands are very urgent on
the part vi retail dealers. Prices are unchanged,
but the market Is hardening for both corn and
oats. The orders from abroad are heavy,
and dealers are making great eIertions
10 respond to, the requirements
OF their correspondents. Unless the
weather is more propitious there must be an ad
vance In all kinds of grain. There are good re.
ceipts by rail, but they are not equal to the do
ma;lds fro.i abroad Tho receipts from tho
surrounding country are below the expectation
Of grain merchants, and several dealers have
sent agents out on the different lines of railroads
to secure what may 10 offered ut other points.
CALL BOARD.
The members OF the call board were SEEM
ingly In n good mood to day. and bidding was
active and animated. The following were the
ruling prices: Wheat, cash. 81 90; February,
sl.O5; March. sl06@LlO; April, sl,N@Ll0
Corn In shuck, cash, 50@55; February, 81
March, 81 April, 521s@60 Average Texas corn.
in bulk. cash, b2S@53; February 57@6i
March, 59D6ik April 60@G5, Choice red ust-
proof oats, cash, 57@6l; February, 52O59
March, 81 April As, Rye, sacked,
cash; northern, 1O Texas 5000. There were
some good sales OF barley mado for cash Mt 20,
but the general askings were 6ils. Bran, cash,
Clio; February, 81 07C@l IS Hay, cash, ST. 80;
February, 81, % AT Forney choice article
was offered at 81 90, and for delivery In Dallas
30, so, Milet seed, cash, German l.l06Qsl rs:
little millet 60g70 A car of shuck corn was Of
fered on the Houston y Texas Central road at
81, There were some large transactions effected
Of above figures.