The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-06-03
TEE BUSINESS WORLD
COMMERCIAL.

DALLAS, June 2.-G6neral approval scent
to smile upon the proposal % hifpduc'
the cent coin into Dallas trade !; la
mark OF thrift IN any placf, and the smtIle
the change possible, the greater tue uefie'
OF lrugblty, Ia reckless mining plHo,f
nothing uLdet 20 Genie is current, ana thu
Is the Ir.ce paid Tor shine. la Dallas
nickle Is the SIN .llss, coin in use, and so
two of many q il-Ient srt'cles sell log un'
nickle, 50 that II oCo1rs occasionally ths
one must puTchRse twice tue qnahtlsl
nee ed. THIS fu.es moro 10 s1hNohhIJ
aud IN confectionery man =. ~
other Hoes. The rich cry OF NsH YORK
snyBa winter, ~ demanding thec lnluH U
halt cent. as a needed convenience 10 ecY'
ernl trades ara lines OF business Toys
candles and irUcmtrabo smell, articles ar
now sold ~ that Guy fer lees lhun cent
but ihera being 10 con 81 smal.er va w
than ten mills, /. 10 ttc-t. .ry 70 lu'cnss
more than one ptfhsps res!ly TsmlH fih'
for binding Is gold Ia Now 1crT tV'
hurdits Tor u cent; gpplss, tlree Tor cont
Ilyou want only one ycu cannot get n; ~
must Ouy tnrte times the amount you
need, and give or throw away
what you do not want. The
M York Sun. Yhch made o.
inspection OF the shop, found general
demand for small coin such ssahait O"hI
among both the rhop'kcepers ard pur-
chasers. |. points on, that nearly every
other country hue ours has a rmaller coin
age. Tae French centime 10 onlJ one MN
OF one cent; the Portuguese rel only one
tenth, and the Chinese cash. or sen, oil
even .tss value. 1t was evidently the inten'
ton of the original ir mes OF our currency
that We slfo should have a smaller coln
than the ceni-tne mill; bat the mlll ~
purely imaginary and has never been
r.li cd ,pt. ltf
ex,tavsgsnce otthe American. IL has been
regarded hitherto as mean and stibgy 10
care for tle pennie', and 1t 10 only OF laie
years that the EIropesn idea OF economy
and thrift has invaded this country, aud 10
IL is due this new demand Tor bali cent.
i. Is not proposed 10 reduce chsnge ne g
under a cent; the purpose Is TO get the
bright little American penny idto active
service, and make IL carry out It's mission Of
teaching economy TO the people; lesson
Dallas ciiZ.ns need 10 study more IMAM
they have in the past. With increase
Of populat atoms comes greater number OF
the poorer classes, aud these especially need
fractional currency small as The Smallest
want. The Times. Democrat says: Inc
cent itself has encountered great difficulty
in making its way In many portions oil lhe
Union. In the south, In some por,l' ns OF
the west, and on the Pacific coast, the man
who wanted change for picayune was
looked down upon as picayun'
ish and contemplate. The cent
was introduced into 81. Louis
Just four years Ego by cheap newspaper.
This summer San Francisco will DO the
same New Orleans, as we know, We have
not yet learned the Thrift OF the north and
west. Our smallest money is five cents,
and II bananas are worth picaynIe
dtz.n 1t ia impossible to buy less than an
entire dozen, In order, pernaps, TO ca, a
single one. AS one Of our evening contem.
poraries suggested a few days ago, the ex'
position 10 good time to attempt to intro
duce the cent here. IL has been tried n
half dozen times already, but each at
tempt has been failure. The chances
will be decidedly more favorable than ever
this winter. There will be thousands OF
people down here with pennies In their
pocket, and who have been accustomed TO
their use and 10 the making Ut correct
bly, enable us TO put in circulation here
this coin, which We all recognize would be
q great public convenience.
GRAIN AND BBEADsTUFrs.
The big decrease in the Chicago State
meHt OF the visible supply Of wheat gave
the Chicago market sharp boom last
week, but the failure OF the New York
markets to respond, the belief that ar.
walkers figures today would show =
smaller decrease, and the discredit thrown
on the Chicago statement even st Chicago,
took the support from the mNket and
prices broke OF sharply ~ the close. The
market this morning hung on tbs expected
statement, and u large crowd was gathered
around the bulletin board. Weather adj
vices we're favorable. Colder, rainy wealth
or was reported, but such weather ia con
sidertd benz icial, as II checks insect deYei-
opment az gives the wheat plant vigor-
Gus growth.
ON CHANGE.
Being Whit. NJ vnuay, Liverpco! exchan-
ges were all closed to-1ay, which causes a
blank under II at port. Shares are still on
the mend, ~ II Wsl street meant 10 redeem
itself after the big fairy. North Western
opened under Saturdays close and closed
Ii per cant. above, gain to-dsy Is
selling at l02 IL, higest at 2:30 m. But
the IL rstst gain 10 In Union Pacific, which
mended 81 from opening to-day aud ]
from previous q Jse, closing today at lGl
Delaware II ckewsnua Kept pretty STEADY,
closing at lO3 Is, which Is lis higher than
SATURDAYS close. Texas & Pacific closed
~ rs, which IL a gaia of IL csnts. West
ern Union gained cen = on previous close
and closed to-day at 6l = selling at 65
bipheaf Lake Shore solu lowest at hrit
call and closed 2 SIS higher than Saturday s
close, at 81 today. PofK has reached high
rates ny a proct ss which future grand will
consider criminal and condemn US such.
wHEAT-choice. / 10 nedlum grades, Doc,
Mic goa ptg Csc.
RYE .Nrminal Et co. northern. Sc.
BARLEY fGfSC.
CORN -saoiied Snd ,a,tod, Is 1850.
OAIs-Choioc, 31c So tgcEed.
FLOUR -pstnni. 7G eaIS breakfast
70 cream bodn, o5 Is; purc c-rem, IS
TODD LNiE Patent 81; Union, ", Prairie
Flower 20, Star. Choice, is
BRkN--At mill1, S0C, In store. 0c.
COR SnEAls-Piue tollod per 100 pounds
] 30.
= HOMfHY AND GBITs-6 % par barrel.
fEfp-ChopJsd oetn par 100 pounan, 20
chopI ei ,crn and oats per 100 pounds, Lao
corn nr1n eor 100 pounds, <oc
GRAHAM FIOUk-ier 100 pounds Soc
HAY-Dsrk, oosss co bright 10 VG nom
stores, prairie. bslod. dark. s o. bright
II 90 bright free on hoard car II W.
n.i.LsT sEED-e5c German Hil.et SOC.
TRADE ITEMS.