The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1885-08-20
Dallas Boom-oottlog in Oar wor.,

Dallas BOOm-Gcttiug In Oar N0r.s
Unless all signs TAI, tho boom in Dali
las has commenced Ia earnest.
Throughout tho city al universal 'oe.-
ing prevails that 3 grand advance all
along the line IL now taking place.
Merchants are in good spirits, well out
OF debt and with au unusually bri)llan,
crop prospect 10 swell tho volume OF
fall trade.
Values In real estate arc slowly but
very stesd!ly advancing, and there is
presented every indication OF sweep
ing onward movement this winter.
Tho increased demand for almost
every species OF eligible property. the
Eu8dUed nut cees6lcsa search for bar
gains in business snd residence lots,
all couspire to carry forward in pa in
creaieu aaI roststless volume tho liz
Cipi9nt boom now upon u5.
The city was mGnifestly advancing
before the GOuld system Of railways
concluded 10 finally confer in Dallas,
bat when IL becanI9 certain that the
vast businegs of tGat combination of
corporations was to be transacted in
Dallas; that its employees, officers and
general headquarters were to lie loca-
here, then instantly an impetus was
given To the ontile place. The Iocatton
Of these offices here, however, by no
means Compre henaS all tho benG1ts
flowing in upOu US
IL is scarcely questioned now bat
that the Houston ~ Texas Central
railroad will commence about the
Union depot Improvements on al OK
tensive scale amply sufficient to &c
commodate the genoral otlico9
of that company. H. is How
known that The railroad north
west to Decatur and the coal
fields has completed its negotiations
with the Missouri Pacific and that
grading will commence next month.
The Trunk railroad affairs are shnDiCs
themselves for an extension and ~ is
believed that this important iire wlll
soon secure fund5 to adgGnC9 it into
The piperies.
Perhaps tho most important benefit
that Dallas has recently secured is m
the reduction III the price OF coal TO %
This gradual reduction Of coal is hay-
inga visible effect on tho es' oiisu.
lneut Of manufactures, and 3 few cou!s
farther fEll IN connection with IA in
crease Of money here, will result in the
rapid construction of several projected
enterprises. II t"e eastern portion OF
the city eud near the line of East Das-
las two enterprises OF much moment
to the CITY will soon break ground.
An additional banking iustitu-
ton of largo cSrital has about
cunsummated it's plans for op5ninE up
in Eat Dallas, and the merchants
there will shortly be supplied with
convenient banking facilities.
If proper concessions car be LAD
from the Texas Central railroad, enc
of the largest elevators i'll tho state
will be built near tho crossing OF MANI
or Commerce streets.
A few wealthy men in the city are
quietly arranging for the construction
Of railway southwest, and II river
crossings can 10 secured, or even tAo
temporary use Of tha Pdclhc'3 bridge
had, matters will soon assume tauyiD.o
shape; indeed, the advices from New
York would seem 20 indicate tu2G
every dollar necessary TO build even
beyond BrownwoQd viii DO olthoom-
ing.
For q few days past one the largest
banking mpanies in Now
York has had a reproscntauVe
in Dallas with view TO placing
funds il Texas nnd the !ocatlu& OF
Headquarters herg. While ii is not per-
banking company, we may yet 50 50
tar as to say positively that Dallas has
been selected as It's distributing con-
tor.
An extensive firm in Chicago in
quires OF us 'abGnt the best locality for
a bank in Texas" expressing "de-
cided preference for Dallas"
Surely Dallas has no reason to doubt
The future, since no instrument 'lity
short of war, OF PES tllrnce, can coA.-
mGpd halt III her marvellous advance
To TIE iesdersbiy 9f Texan citi0s. NJ
ready abreast OF Galveston suG san
Antonio, sho will, in less than two
years, outstrIp them in wealth aud
pop llation, contessing no peer or n
val this side OF s.. Louis. We have
bus to be true to ourselves, to urge on
these enterprises, to see TO 1t that all
necessary capital shall be forthcoming,
aud when here, duly handled.