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---OFFICE COPY- --------PRoPERTY OF
J).ALLAS CHAMBER OF COKMERCJ:
DALLAS, TEXAS.
1HD BOOK HAS SEPVED ITS PURPOSB
l'LEASE RETURN'.
This document was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
TO THE RESERVE BANK ORGANIZATION COMMITTEE.
Gentlemen:
We are pleased to present you herewith, :facts in regard to Dallas and the great
Southwest, indicating the need :for a Federal Reserve Bank here.
Our argument is particularly developed :for the City o£ Dallas; the largest city
west o:f the Mississippi Rive:r: and south of the Missouri, with unexcelled railroad
:facilities and mail service; the telegraph, telephone and express development ranking
with the seven largest cities in the United States.
We present :for your · distinguished
consideration a city now the acknowledged market o£ the Southwest, the distributing
and financial center o£ this most progressive and rapidly developing section o£ the
United States.
The territory tributary to this city and to be most logically served :from Dallas
IS
all o£ Texas, all o£ Oklahoma, all o£ New Mexico, that part o£ Louisiana (86 % ) west
o£ the Mississippi River, and that part o£ Arkansas (45 %) south and west o£ the
Arkansas River; a territory that will provide ample capital and deposits in a Federal
Reserve Bank established here; care :for the needs o£ the terri tory; accomplish the
ends sought in the Federal Reserve Act and make possible the solution o£ the financial
problems o£ this section.
We present our argument in the sincere desire to co-operate :for the success o£
the law wherever Regional Banks may be placed.
We respect:fully request consid-
eration and are pleased to have this opportunity o:f presenting our views.
Respect£ ully
yours~
DALLAS CHAMBER OF COMMERCE,
By C. W. Hobson, President.
DALLAS CLEARING HOUSE ASSOCIATION,
By R. H. Stewart, President.
DALLAS COTTON EXCHANGE,
By S. W. King, Jr., President.
•
~------------------------------------~
0 Denver
leiinsas CtJY
Vi!mfa O
I
--•
DIS!ANCL" cf US. MAIL SERVICE
FROM D/IL L!iS
Natural Boundaries.
South and West
South and East
North and East
North -
Mexico and the Gul:f.
Mississippi River.
Ark ansas River.
State Line o£ Oklahoma and New Mexico.
This district is set apart and designated by the Railroads and approved
by the Interstate Commerce Commission as the Southwestern Traffic Committee Territory.
2
THE GEOGRAPHY OF THE TERRITORY.
The U. S. Census Department has always classified Texas, Oklahoma,
Arkansas and Louisiana as the West South Central Geographic
Division. This is one of the nine subdivisions made on account
of the correlation of its industries, the homogenity of its people, the
interdependence of its institutions. Set off by natural boundaries,
it slopes from the mountains of New Mexico eastward 1152 miles
to the Mississippi. From Brownsville on the Rio Grande 871 miles
north to the Kansas line.
U. S. Government Census has
Bounded and Designated the
Territory.
Its
Alabama,
'Vhite Population Greater than
Balance 'Vhole South.
The U. S. Government reports of 1910 showing its total wealth to be
37 % greater than the combined wealth of these five old and
developed States.
'Vealt.h Greater than Balance
Whole South.
Showing diversity of production and if a balanced territory is desired,
note that total annual production in the Territory is $1, 759,138,149.00,
divided as follows :
Balanced District. Demand for
Money Uniform During the
Year.
white population IS 22 % greater than Mississippi,
Georgia, Florida and South Carolina combined.
DEMAND FOR MONEY:
ANNUAL PRODUCTION:
Factory
$685,506,000 Uniform.
381,132,000 Four months.
Cotton
205,224,132 Uniform.
Live Stock
175,899,000 Consumed on Farm.
Corn
73,501,000 Uniform.
Minerals Miscellaneous Crops 237,886,017}Each balancing the other,
making uniform demand.
(Wheat, Oats, Hay, Vegetables, Fruit, Etc.
PIIOTOGRAPII COPY U.S. CENSUS MAP SHOWING GEOGRAPIIIC ))IVISION.
- - - -...,
~\.
· W E Sl T
!
S OAK
NORTH ,CENJRAL
I
ju
o
I
N '-- -;-V T.H
;
i
T: A
"4EBI-i
. .
IOWA
I N
COlo
I
/..._-·--·-
N ME)( .
W- -E
- ...........S
--........T :,_
'
SOUTH CENT :~AL
TEXAS
3
CONDENSED FACTS ABOUT THE TERRITORY.
17.4 %
o£ the AREA o£ the United States.
[517,584 Sq. Miles.]
8.3 % o£ the POPULATION o£ the United States.
[7,668,436.]
12.6 % o£ the National Banks o£ the United States.
[943.]
10.2 % o£ the State Banks o£ the United States.
[1816.]
13.9 % o£ the Annual Farm Production o£ the United States.
[$1,000,128,597.00.] 12 Crops Only.
41.8 % o£ the Annual Cotton Production o£ the United States.
[5381,132,400.00.]
44.5 % o£ the Annual Cotton Seed Production o£ the United States.
[$54, 785,550.00.]
9. 7 % o£ the Annual Live Stock Production o£ the United States.
[$205,224,132.00.]
48.8 % o£ the Annual Cotton Exports o£ the United States.
[$253,020,000.00.] 4,217,000 Bales.
12.6 % o£ the Annual Total Exports o£ the United States.
[$218,146,097.00.]
Galveston Only.
_ {National, $108,400,635.13
State,
69,673,845.61
Banking Capital and Surplus
$178,074,480.74
Which would furnish a Reserve Bank with a Capital o£ $10,684,468.80.
Annual Farm, Factory and Mineral Production $1,759,138,149.00.
THE PROPOSED SOUTHWESTERN DISTRICT HAS PERCENTAGE OF THE
WHOLE UNITED STATES AS FOLI. OWS.
4
KANSAS (7ry
ALL POINTS ON THI3 LINE ARE EQUID\JTANT
tW RAIL FROM DALLA.JAND :STLOUIS.
I
CONDENSED FACTS ABOUT THE TERRITORY
17.4% OFTHEAREAOF THE UNITED STATE.S f517.584.5Q.MJl
8.3,% OF THE POPULATIONOFTHE UNITED STATES []66a436]
ALL POINT:S ON THIS LINEAR£ 12 HRS BY.RAIL FROti !J\LLA3.
12.6%0FTHE NATIONALBANKS OF THE UNITED STATES [ 943·]
10.2,% OF THE STATE BANKS OF TH EUNITED STATES [ 1816]
WITHIN IOOMILE:S OFDALLA3 THERE ARE 1,48(:J)41 PEOPLE WHICH 15
13.9,% OFTH EANNUAL FARM PRODUCTION OFTHE UN IT ED 5TATES~100Q12B.597.00]
2-'1;58Z MORE THAN THERE ARE WITHIN IOOMILESOF K'ANSA0 CITY
41.'8% OFTHEANNUAL@TTON PRODUCTION OFTHEUNITED5TATE0 [$38L 132.400.00]
44.5%0FTH EANNUAL(OTTON SEED PRODUCTION OFTHE UNITED STATE-S [$.54, 785550.00]
PARCEL FbsT ZONE 2J FbPULATION 2,623,20ZVALUE fl\RM LAND0
9.7% OFTHEANNUALLIVE5rOCK
~ 1,166,743,688 WHICH IS MORE THAN THE COMBINED CAPITAL OFALL rTHE
PRODUCTION OF THE UNITED STATES [$205224,132.00
I
48.8%0FTH[ANNUAL(OTTON EXPORT-S OFTHE UNITED SfATE3 [4217.000.13ALES]
BANKS AND TRUST
Cos IN THE U 5.
i2.6%0.FTHEANNUALTOfAL EXPORTSOFTHEUNITEDSTATES[$21B,I4q097.00] GALVESTON ONLY
ElANKING 0\PITALAND SURPLUS
{~J+~NAL· $!£~~~~~:~~
-$17 B,074,400. 74
WHICH WOULD FURNISH A RESERVE BANK 'vv'ITH A CAPITAL OF ;f)! 0,684465.80.
ANNUAL ,fARM, FACTORY,AND MINERAL PRODUCTION $1}S9J38J49.00
YVITHIN200 MILES OF DALLAS THERE ARE 3,63t063 PEOPLE WH ICH 13
41.4% OFTHE FbFULATION OFTHE PROPOSED DI0TRIC.T WHILE HAVING
5UT Z0.3% OF THE TOTAL AREA
...jCALE.
ozo<to
ao
bo
"o
THE GROWTH OF THE TERRITORY.
Population 1900 to 1910
Acres in Cultivation 1900 to 1910
Production of Farm Crops 1900 to 1910
Number of Banks 1900 to 1914
Capital and Surplus of B anks 1900 to 1914
Vnt'VIIT~ /'f"fl-=%16. 77J 117;1c,.n.
~"• 11 /)JSfnet-.&7S.IJ1.++Ctf, res
8/.Jl}l
Increased
Increased
Increased
Increased
Increased
39 %·
46.5 % .
88.9 % ·
454 % .
510 % .
On this 18.6 % of Arable Land under Cultivation is
now produced 13.9 % of the entire crop production
of the U . S.
This terri tory is increasing its
production at the rate of $88,900,000 per year.
PIIOTOGRAPJI COPY U. S. CENSUS MAP 1910, SIIOWING PER CENT
INCREASE TOTAL POPULATION.
INCREASE.
IIITI Less than 10 per cent.
~ 10 to 20 per cent .
ISl§ll 20 to 30 per cent.
~ 30 to 50 per cent.
~ 50 per cent and over.
The heavy lines (-)show geographic divisions.
Average for the United States 21 %·
ACTUAL GAIN IN WHITE POPULATION.
Texas
Oklahoma -
32%
- 106.7%
Louisiana
New Mexico
Arkansas
23.1 %
5
68.1%
23.8 %
DALLAS' FACILITIES IN REACHING THE TERRITORY
Nine Trunk Line Railroads radiating in twenty - seven different directions
with 91 Daily Passenger Trains: Chicago, Rock Island & Gulf Ry.;
Gulf, Colorado & Santa Fe Ry.; St. Louis, San Francisco & Texas
Ry.; Houston & Texas Central Railroad; Missouri, Kansas & Texas
Ry . o:f Texas; St . Louis, Southwestern Ry. o:f Texas; Texas & New
Orleans Railroad; Trinity & Brazos Valley Ry.; Texas & Pacific Ry .
Nine Trunk
Line
Railroads
Five Electric Interurban Railroads radiating in seven different directions
with 156 Daily Trains, handling 4,000,000 passengers annually:
Northern Texas Traction Co.; Southern Traction Co.; Texas Traction
Co.; Eastern Traction Co.; Dallas - Corsicana Traction Co.
Five
Interurban
Railroads
Dallas has Headquarters and General Offices :for the Southwest o:f the
Western Union, Postal and Mackey Telegraph Compani e s with 262
circuits, handling 18,497,300 telegrams per year.
Dallas ranks
sixth in the United States in total volume o:f business.
Dallas
6th City in U.S. in
Telegraph
Business
Dallas has Headquarters and General Offices :for th e Southwest o:f the
S . W. Telephone (Bell) Company, with 159 Toll Circuits, originating
554,000 long distance calls per year, increasing at the rate o:f 50,000
calls per year .
2924 Toll Stations operated :from Dallas as head quarters . 643 towns sPrvefl :from Dallas on 50c rate; 169 on 25c
rate. 15.9 % o:f all the Telephones in Texas are in Dallas.
Headquarters of
Bell Telephone
for the
Southwest
Dallas has the Largest Telephone Developnwnt per capita o:f any city in
the United States.
All Express Companies operating in the T e rritory have Headquarters
at Dallas.
Only six cities in the Unite d States have a larger volume o:f Express
Business than Dallas.
Dallas has More Express Business per capita than any city in the United
States.
Dallas has 176 Mail Receipts and 137 Mail Dispatches daily.
Dallas has 111 Daily Exchanges o:f Mail Pouches direct with towns in
Texas.
Dallas has 65 Daily Mail Dispatches to railway post offices.
Dallas has 80 Daily Receipts o:f Pouches direct to Dallas :from other
Texas cities.
Dallas has 57 Mail Receipts daily :from railway post
office lines, exclusive o:f the 80 Direct Receipts :from Texas. I_n reaching
territory outside o:f Texas, Dallas has 57 Receipts o:f Mail and 65
Dispatches o:f Mail daily .
While Dallas is the 54th city in size its Postal Receipts are 33d in volume,
and as much as any two cities in the Territory combined.
7
Dallas
7th City in U. S. in
Express
Business
-Postal
Facilities
ABSTRACT OF REPORTS OF NATIONAL BANKS ,IN STATES NAMED.
Covering Items Indicated, as made to the Comptroller, October 21, 1913.
(Maximum Borrowing Period of District.)
T erritory .
N o.
T exas
Reserve Cities
Okl aho ma
Reserve C i t i es
New Mexico
Capita l.
S urplus .
- Indi vid u a l
D epo s its .
B e -disco unts,
Bills P ayable .
486
33
315
11
40
$34,024,000.00
16,475,000.00
12,185,000.00
2,200,000.00
2,215,000.00
$17,881,429.06
7,992,500.00
3,274,006.67
662,000.00
996,900.00
$129,329,373.36
73,737,105.77
59,745,818.30
12,417,025.13
14,383,713.82
$12, 007,954.70
4,080,223.06
1,903,422.00
425,000 .00
332,000.00
26
3,020,000.00
2,3.51,365.83
13,711,068.97
3,183,835.89
32
899
44
2,671,320.00
54,115,320.00
18,675,000.00
1,083,971. 70
25,587,673.26
8,654,500.00
9,374,828.94
226,544,803.39
86,154,130.90
1,368,002.91
18,795,215.57
4,505,223.06
943
$72,790,3.2 0.00
$34,242, 173.26
Louisiana ( West of Miss.
River)
Arkansas (South of Ark .
River)
C ountry Banks
Reserve Cities
-
-
-
~
Total
8
I
$312,698,934.29 1)
$23,300,438.63
,4
OPERATION OF FEDERAL RESERVE BANK.
(National Banks Alone.)
(1) Combined Capital and Surplus of National Banks $107,032,493.00 @ 6 % y ields
CAPITAL of Reserve Bank
$6,421,949.00
(2) R eserve of Country Banks on $226,544,803.00 Individual D«:>posits
@ 8 % yields DEPOSITS
$18,123,520.00
(3) Reserve of Reserve City Banks on $86, 154,130.00 Individual D eposits
@ 10 % yields DEPOSITS
(4) TOTAL DEPOSITS of Reserve Bank
(5) Less Reserve @ 35 % of D eposits
8, 61.5,413.00
$26,738,933.00
9 ,3.58,627.00
-
(6) Total Loanable Funds of R eserve Bank
$17,380,306.00
$23,802,255 .00
(7 ) Maximum of Bills Payable a nd R e -discounts shown on opposite page, $23,300,438.00
(8 ) D educt
3 % of $226,544,803 .00 Country Bank D eposits, $6,796,344.00
(9) D educt 10 % of $ 86,154,130. 00 Reserve City Bank
Deposits EXCESS
$8,615,413.00
$ 15,411,757 .00
$ 7,888,681.00
$ 15,913,574.00
The deductions of Items (8) a nd (9) are warranted b y pro visions of bill w hich reduce reserves to be
held b y Country Banks from 15 % to 12 % , and by Reserve City Banks from 25 % to 15 % ,
t h ere b y inc rea sing t h e loaning power o f the banks and correspondingly n~ ducing their need
of borrowing.
· No account i s taken a bove for possible Government D eposits; nor of voluntary or forced re - dis counting between Federal R eserve Banks.
A llo wance s hould a l so be made ·f or t h e pyramided loans included in the total s ho wn above of $23,300, 438.00 of bills pay abl e and re -discounts .
. .. :.,.
9
STATEMENT OF DALLAS BANKS.
COMBINED STATEMENTS OF THE FIVE NATIONAL AND FIVE STATE BANKS, AT
CLOSE" OF BUSINESS JANUARY 13, 1914.
Liabilities:
Resources:
Loans
U. S. Bonds Other Bonds Banking House
Available Cash
Statement of Dallas Banks.
$25,236,325.97
3,031,000.00
1,624,230.68
1,128,583.96
12,482,407.91
Capital
Surplus and
Circulation
Deposits -
$ 5,000,000.00
Profits 3,827,413.38
2, 775,500.00
31,899,635.14
$43,502,548.52
$43,502,548.52
Totals
BANKING SERVICE RENDERED TO TIIEIR CORRESPONDENTS BY THE
TEN DALLAS BANKS DURING 1913.
Service Rendered
Dallas District.
Banks
in
Handled through their Transit Departments items on other Banks within
the Dallas district amounting to
$499,589,236.00
Handled items on all points outside the
Dallas district amounting to
105,331,063.00
$604,920,299.00
Total
Remitted on Receipt to Eastern Banks,
conn try checks sent us £or collection
in this district
$111,595,076.00
Received £rom their correspondent Banks
and others shipments o£ currency
and coin amounting to
$11,600,193.00
Shipped out to their correspondents 1n
connection with crop movement,
etc., currency and coin amounting to
20,936,313.00
Total shipments, in and out, o£ currency and coin
Loaned to Banks and Bankers through on t the year an
aggregate o£
10
$32,536,506.00
$14,092,937.00
LIST OF BANKING TOWNS IN TEXAS CARRYING BALANCES
IN DALLAS.
Abbott
Abilene
Addison
Alba
Albany
Aledo
Allen
Alma
Alto
Altoga
Alvarado
Alvord
Amarillo
Anderson
Anna
Annona
Anson
Appleby
Arlington
Arp
Ashland
Asherton
Athens
Atlanta
Avalon
Avinger
Aubrey
Austin
Alexander
Bagwell
Baird
Ballinger
Balmorhea
Banks
Bardwell
Barksdale
Barry
Barstow
Bartlett
Bastrop
Bay City
Beaumont
Beckville
Beeville
Bellevue
Bells
Bellville
Belton
Ben Wheeler
Big Sandy
lHg Springs
BlooJning Grove
Blosso1n
Blum
Blum burg
Boerne
Bogota
Bonham
Boui ta
Bowie
Boyce
Boyd
Bradshaw
Brady
Brandon
BranhaJn
Brashear
Brazos
Bre1nond
Brenham
Bridgeport
Britton
Bronte
Brookston
Brownsville
Brownwood
Bryan
Deport
Detroit
Dial ville
Dodd City
Dorchester
Dublin
Duncanville
Eagle Lake
Eagle PRss
Eastland
Ector
Edgewood
Edna
El Campo
Eldorado
Electra
Elgin
Elkhart
Ehno
El Paso
Elysian Fields
En1ory
Emhonse
Ennis
EustRce
East Bernard
Fairfield
Fanners Branch
FRrmersville
Fate
Ferris
Flint
Floyd
Floydada
Forreston
Forney
Ft. Worth
Franklin
Frankston
Fredrickshurg
Frisco
Frost
Fnlhright
Flatonia
Gail
Gainesville
Galveston
Garland
Gary
Garza
Gatesville
Georgetown
Bluffdale
Bivins
Bristol
Buckholts
Buffalo
Bullard
Burkburnett
Burnet
Burleson
Burton
Bynunt
Caddo Mills
Caldwell
Calvert
Cameron
Cantpbell
Canadian
Canton
Canyon
Carbon
Cannine
Carroll ton
Carthage
Cason
Cedar Hill
Celeste
Celina
Center
Ct>nterville
Chandler
Chico
Childress
Chillieothe
Chilton
Cisco
Clarendon
Clarksville
Cleburne
Clifton
Cly(ie
Coahoma
Colentan
Collinsville
Colmesneil
Colorado
Contanche
Comn1erce
Como
Coolidge
Cooper
Copeville
Coppell
Copperas Cove
Corpns Christi
Corrigan
Corsicana
Coupland
Covington
Crandall
Crawford
Cresson
Crockett
Cross Plains
Crowell
Cuero
Cumby
Cushing
DaingerGeld
Dalhnrt
Dallas
Dawson
Decatur
De Ralb
De Leon
Del Rio
Denison
Denton
Gilm~er
Gladewater
Glen Hose
Golden
Goldthwaite
Gonzales
Goodlett
Gordonville
Gonnan
Graham
Granbury
Grand Prairie
Grnnd Saline
Grandview
Granger
Grapeland
Grapevine
Greenville
Greenwood
Groesbeck
Groveton
Gunter
Gustine
Garden City
Grand Falls
11
Hagerman
Hallettsville
Hamilton
Hamlin
Handley
Hansford
Harleton
Harper
HRsse
Hawkins
Hawley
Hedley
Hearne
Heath
Hebron
Hmnphill
Hmnpstead
Henderson
Henrietta
Hereford
Hico
Hillsboro
Holland
Honey Grove
Hooks
Houston
Howe
Howland
Hubbard
Hughes Springs
Huntsville
Hutchins
Hutto
Indian Gap
Irene
Irving
Italy
Ttasea
.Jacksboro
Jacksonville
Jeilerson
.Tennyn
Jewett
Josephine
;Justin
Kaufman
Kemp
Kerens
Kilgore
Killeen
Hingsville
Kirbyville
Kirkland
Kirvin
Rleburg
Klondike
I\:opperl
J{osse
Rress
.
Krum~
Kountze
Ladonia
Laredo
La Grange
Lamesa
Lampasas
J~ancaster
Larue
Lavon
Leesburg
Leonard
Leonder
Leroy
Lewisville
Lindale
Linden
Lipan
LIST OF BANKING TOWNS IN TEXAS CARRYING BALANCES
IN DALLAS
J
(Continued).
,
Livingston
J..lano
Loekhart
Lockney
Lo1neta
Lone Oak
Long Branch
Longview
l..joraine
Lorena
Lott
Lovelady
Lufkin
Luling
Lyons
McGregor
:McKinney
McLean
Mabank
Madisonville
Malakoff
~1alone
Mansfield
Marble Falls
Marfa
Markham
Marlin
Marquez
Marshall
Mart
Matador
Maud
Maxwell
Mnypearl
Melissa
Memphis
Mercury
Meridian
Merit
Merkel
Mertens
~1esquite
Mexia
Midland
Midlothian
Milano
Millsap
Miles
Milford
~1ineola
~1ineral 'Wells
Ming llS
Moody
Mt. Calm
'M t. Pleasant
Mt. Selman
Mt. Vernon
Muenster
Mnllin
Murchison
Murphy
Myra
Nacogdoches
Naples
'
Reagan
Red Oak
Red Rock
Redwater
Rhinehart
Rhonesboro
Hice
Richardson
Richland
Rio Vista
Rising Star
Roanoke
Roby
Roche!?ter
Roc dale
Rock Jan
Rogers
Roscoe
Rosebud
Rosewood
Rotan
Rowlett
Roxton
Royse
Rule
Rusk
Renner
Sacul
Sadler
St. Jo
Saltillo
San Angelo
San Antonio
Sandia
Sanger
San .Taun
San ~1arcos
San Saba
Santa Anna
Savoy
Schertz
Schulenburg
Scurry
Seagoville
Sealy
Seguin
Seminole
Seymour
Sherman
Shiner
Sinton
Smithville
Snyde r
Southmayde
Spur
Stamford
Stanton
Stephen ville
StrePtman
Sulphur Springs
Sulphur Bluff
Sunset
Sweetwater
Sylvester
Navasota
Nevada
Newark
New Boston
New BrFiunfels
New Castle
Newsonte
Nocona
Nonnange
North Zulch
Novice
Newton
New Hope
Oakwoods
Odell
Odessa
Oglesby
Oklaunion
Oleny
01naha
Orange
Osceola
Overton
Olton
Pecan Gap
Paducah
Paint Rock
Palacios
Palestine
Palmer
Paradise
Paris
Park Spring
Pattonville
Pearsonville
Pecos
Penelope
Petty
Pickton
Pilot Point
Pine Hill
Pittsburg
Plainview
Plains
Plano
Point
Poolville
Ponta
Port Arthur
Pottsboro
Powe ll
Prairie Hill
Princeton
Pritchett
Proctor
Putnam
Purdon
Quanah
Queen City
Quitman
Quinlan
Ralls
Ranger
Ravenna
Sugarland
Swan
Taft
Talco
Tatu1n
Taylor
T e ague
Temple
Terrell
Texarkana
Texas City
Thornton
Tirnpson
Ton"lbiill
Torn Bean
Trent
Trenton
Troupe
Troy
Trumbull
Tulia
Turkey
Tyler
Uvalde
Valley Mills
Van Alstyne
Van Horne
Venus
Vernon
Victoria
Waco
Walnut Springs
Waxahachie
W'eather.l'ord
Weimer
Wellington
Wells
W est
W'estminster
Wharton
Wheeler
Whitney
Whitehouse
'W hitesboro
Whitewright
Whitt
Wichita Falls
Wills Point
W'ilmer
'Vinchester
Windon"!
Winfield
'Vinnsboro
Winona
'Vinters
Wolfe City
Wortham
Wylie
Woodville
'~7 oodson
Yantis
Yoakum
Yorktown
566 Banks Carrying 1654 Accounts With Average Balance o£ $10,756,000.00.
12
..
;.
'
This Circle of 100 Miles Radius, of which Dallas is the centre, encloses 10.8% of the area of Texas,
Yet within this 10.8 % of the area of the State there is:
25.4 %
29.5 %
33.1 %
34.6 %
(3, 797 Miles) of the Railroad Mileage of the State.
($747,666,866) of the assessed valuation of the State.
(1,399,081) of the population of the State.
(144,583) of the farms of the State valued at $605,645, 575 on which are raised:
43.4 % of the cotton of Texas (2,223,622 Bales) and
37.9 % ($2.51,217,647) of the total farm production of Texas.
46 of the 249 counties of Texas and 8 of the 77 counties of Oklahoma, having 1,320 Cities, Towns
and Villages with 16,669 rated business houses and a population of 1,486,041.
Ga( Motor Car Service,_ _ _ _ __
Interurban Baildinc
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13
VIEW WHOI,ESALE DISTRICT.
_..
-
_?{P
A Few o:f the 26 Wholesale Agricultural Implement
Houses in Dallas.
14
DALLAS COMMERCIAL STATISTICS.
SIIOWING TIIAT ESTABLISIIED TREND OF TRADE CENTERS AT DALLAS
Dallas Leads the 'Vorld:
In the Manufacture of Cotton Gin Machinery.
In the Manufacture of Harness and Saddlery.
In the Distribution of Agricultural Implements second only to
Kansas City.
Dallas Leads Every City in the Southwest:
In Population
'
In Wholesale Business
In Number of Wholesale Houses
In Factory Output
In Number of Factories
In Fre.igh t Business
In Postal Receipts
In New Building Permits -
131,278
$211,458,000.00
318
- $42,595,000.00
393
602 carloads per day
$1,002,023.00
$8,439,540.00
~
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Dallas sells more Goods in the Territory than either St. Louis or Kansas
City, and particularly surpasses them and has the largest volume
in these lines:
'
Automobiles,
Cement,
Drugs and Groceries,
Dry Goods,
Electrical Supplies,
Harness
Hats and Caps,
Machinery,
Millinery,
Paper.
Dallas Leads the World.
Dallas Lends Evci"y City in the
Southwest.
Dallas Sells Moi"c Goods in the
Territory than her nearest
competitors, St.
Kansas City.
J,ouis
or
Petroleum Products,
Paints and Oils,
Saddlery,
Vehicles,
NOTE.- St. Louis surpasses Dallas in volume of business in the
Territory in two lines only, viz: Boots and Shoes, and Hardware.
141 Firms of National Importance and operating all over the United ·
States have their general offices and warehouses at Dallas, for the
Southwest.
141 Firms of National Impor-
Signed statements from the Dallas Job hers show that they sell:
Dallas Sells 44,351 Customers
Outside of Texas:
28,280
3,151
5,698
7,222
merchants
merchants
merchants
merchants
ln
ln
ln
ln
tance Located at Dallas.
Oklahoma.
New Mexico.
Arkansas.
Louisiana.
(NOTE.- These statements necessarily overlap to some extent.)
Of the 2448 rated business houses .in Dallas two only operate as branches
of St. Louis. One only operates as branch of New Orleans.
Three Dallas IIouscs only arc
branches of othei" Southwestern Cities.
Total Cotton Area Whole South 892,072 Sq. Miles.
Total Cotton Area in the proposed Territory within 12 hours ride from
Dallas 437,794 Sq. Miles.
49.1 % of Cotton Acreage of the
South within 12 hours ride
from Dallas.
Dal1as Cotton Exchange has 73 members with buyers in every portion
of cotton territory in proposed District. Bought last year 1,459,000
bales and paid out $92,097,000.00.
Dallas is the l-argest Cotton
276 Cotton Seed Oil Mills are within 150 miles of Dallas, producing onethird of the total Cotton Seed Oil of the United States.
Three of
the Largest Mills are at Dallas.
Dallas n
15
Market in the United States.
Great
Cotton
Products Market.
Seed
VIEW .DALLAS COMMONWEALTH BANK •
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The Business C en ter o£ t h e Southwest.
D a llas.
J)ALLAS COMMERCIAL STATISTICS.
Butler Bros. have five distributing houses: Chicago, New York, Minneapolis,
St. Louis and Dallas. Spent $1,600,000 in building; occupy 475,000
Sq. ieet in one building. It is not a branch o£ St. Louis, and the Dallas
house handles all Southwestern business.
Butler Bros. at Dallas .
Ford Motor Car Co. are now building at Dallas one o£ their iew assembling
plants, to cost $400,000, employing 600 men, to handle business o£
Southwest.
Ford Motor Co. Asse mbling
Plant at Dallas.
Sears, Roebuck & Co. have their largest distributing house at Dallas.
Investment $4,000,000.
1,200,000 Sq. ieet o£ floor space, employing
1300 people, distributing merchandise only.
Sears, Roebuck & Co. at Dallas.
26 Wholesale Agricultural Implement Houses at Dallas do a business
o£ $35,000,000 annually.
32 Wholesale Automobile Concerns 1n Dallas sold $18,164,972 during
1913.
141 Concerns have headquarters at Dallas and operate Southwestern
business and branches £rom Dallas.
FIRMS OF NATIONAL IMPORTANCE AT DALLAS
A. P. W. Paper Co.
Allis Chalmers Mfg. Co.
American LaFrance Fire Engine Co.
American Multigraph Sales Co.
American Soda Fountain Co.
American Steel & Wire Co.
_', merican Tire & Rubber Co.
American Type Founders Co.
American Well Works.
Art Metal Construction Co.
Art Wall Paper._Mills.
Atkins, Mentzer & Co.
B. F. Avery & Sons Plow Co.
Avery Company o£ Texas.
Barnhart Brothers & Spindler.
Samuel Binghams Sons Mfg. Co.
The Bolte Mfg. Co.
S. F. Bowser & Co.
Brown Cracker & Candy Co. (Loose
Wiles Biscuit Co.)
Brown Mfg. Co.
B~rnswick-Balke Collender Co .
Buick Auto Co.
August A. Busch & Co.
Butler Brothers.
Philip Carey Co.
J. I. Case Plow Works.
J. I. Case Threshing Machine Co.
Cocoa Cola Co.
Columbia Graphophone Co.
Consolidated Film & Supply Co.
Continental Gin Co.
~~!"" -m;.
Crown Cork & Seal Co.
John Deere Plow Co.
Diamond Rubber Co.
Detroit Electric & Motor Car Co.
Edwards Mfg. Co.
Electric Appliance Co.
Elliot Fisher Co.
"Emerson Brantingham Implement Co.
Federal Plate Glass Co.
Firestone Tire & Rubber Co.
Fisk Tire Co.
Ford Motor Co.
General Fire Extinguisher Co.
Gilsonite Construction Co.
Goodyear Tire & Rubber Co.
Gratton & Knight Mfg. Co.
C. H. Gray Rubber Co.
Hart & Crouse.
Hesse Envelope Co.
W. C. Hixson & Co.
Ginn & Co.
Hudson Motor Car Co.
Geo. P. Ide & Co.
Imperial Motor Car Co.
International Text Book Co.
B. F. Johnson Publishing Co.
Lincoln Paint & Color Co. (Acme White
Lead & Color Co.)
Liquid Carbonic Co.
A. E. Little & Co.
W. R. Madison Publishing Co.
Magnolia Petroleum Co.
Master Builders Co.
Michigan Motor Car Co.
Michelin Tire Co.
Monarch Telephone Mfg. Co.
H. K. Mulford Co.
The Murray Co.
New Home Sewing Machine Co.
Oliver Chilled Plow Works.
Overland Automobile Co.
Parlin & Orendorfi Implement Co.
Pathfinder Motor Car Co.
Patterson, Sargent Paint Co.
Peavey Rubber Co.
Pierce Fordyce Oil Assn.
Philips Boyd Pub. Co.
Pittsburg Water Heater Co.
Prest-O-Lite Co.
Queen City Printing Ink Co.
Remington Typewriter Co.
Rumley Products Co.
.'
Sears Roebuck & Co.
Sharpless Separator Co.
Sherwin Williams Paint Co.
Sigler-McNamera Co. (Acme Silver Co. )
Silver Burdett & Co.
Southern Hardware & Woodstock Co.
Southern Products Company.
(Mitsui
&Co.)
Rock Island Plow Co.
Southwest General Electric Co.
(General Electric Co. )
Southwestern Paper Co. (J. W. Butler
Paper Co.)
A. G. Spalding & Bro.
Stanard-Tilton Milling Co.
Studebaker Brothers Co.
Texas Bitulithic Co.
Texas Glass & Paint Co.
(Pittsburg
Plate Glass Co.)
Texas Harvester Co.
(International
Harvester Co. )
Texas Machinery & Supply Co.
(Fait·banks-Morse & .Co. ) .
Texas Moline Plow Co. (Moline Plow Co. )
Texas Ohio Cultivatot· Co. (Ohio Cui tivator Co. )
A. J. Tower & Co.
Underwood Typewriter Co.
United Cork Co.
United Shirt & Collar Co.
United States Chemie>d Co.
United States Tire Co.
Western Coal & Mining Co.
Western Electric Co.
Westinghouse Electric & Mfg. Co.
A. II. Wilkins Co. (American Book Co. )
L. Wolf Mfg. Co.
Western Union Telegraph Co.
Postal Telegraph Co.
Mackey Telegraph Co.
Bell Telephone Co.
Stone & Webster Corporation.
Pittsburg Testing Laboratory.
Robert W. Hunt & Co.
Republic Steel Co.
American Sheet & Tin Plate Co.
Chicago Bridge & Iron Works.
National Tube Co.
Graham Paper Co.
Aetna Powder Co.
National Cash Register Co.
West Disinfecting Co. ·
L. C. Smith & Bro.
Burroughs Adding Machine Co.
United Motor Co.
B. F. Goodrich Co.
Cole Motor Car Co .
The HaHI Co.
Franklin Motor Car Co.
Packard Motor Car Co.
White Motor Car Co.
Automatic Sprinkler Co.
General Film Co.
McBeth Evans Glass Co.
Advance Thresher Co.
17
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18
DALLAS COMMERCIAL STATISTICS-GENERAL AND COMPARATIVE.
It will be conceded that all o:f Texas is nearer Dallas than any other location under consideration. The map attached will show that all o:f
the territory claimed in Oklahoma, Arkansas and Louisiana is within
fi:fteen hours by rail from Dallas. That every portion o:f the terri tory can be reached :from Dallas in less time than :from St. Louis.
With the exception o:f a small portion o:f Northern Oklahoma, north
o:f the Canadian River, it can be reached :from Dallas by rail in shorter
time than :from Kansas City. The only portion o:f the territory
that can be reached :from Denver in a shorter time than :from Dallas
is the Northern hal:£ o:f New Mexico and a small portion o:f the Pan handle o:f Texas.
Less than 5 % o:f the population in the territory
exclusive o:f Texas can be reached more quickly :from Kansas City
or St. Louis than :from Dallas . 893 o:f the 943 National Banks are
nearer Dallas than they are Kansas City, St. Louis, Denver or New
Orleans . 1761 o:f the 1816 State Banks are nearer Dallas than any
other o:f the cities mentioned .
Growth in
PopulationPer Cent:
Increase in Factory
EmployeesPer Cent:
1900 to 1910
Dallas
116 %
New Orleans
18 %
St. Louis
19 %
Kansas City,
Mo.
51.7 %
I
I
Increase in Value o:f
Factory ProductsPer Cent:
Five Years
1899 to 1904
Five Years
1904 to 1909
1899 to 1904
1904 to 1909
21.2
41.7
64.7
72.5
7.9
- 3.6
41.7
- 1.2
.5.6
27.6
38.0
22.9
13.8
32.6
50.8
53.8
11.3
7.5
40.8
50 .9
13.8
24.7
-3.3
40.6
Dallas Closer to all the Territory than any other City.
Dallas Increased 116 % in Population, 184 % in Factory Output 1900 to 1910, Leading all
Cities in Southwest.
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Memphis
28.1 %
Denver
59.4 %
I
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I
2200 Traveling Men live at Dallas and make it Headquarters :for the
Southwest .
Dallas has 52 Magazines and Periodicals, and, ~ext to Nashville, is the
largest publication center in the whole South .
Commercial rating o:f the 2284 business firms o:f Dallas total $11.5,343,500.00,
an average o:f over $50,000 each.
19
Dallas Second Publication Center in the South.
(
Dallas Office Buildings.
20
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DALLAS- COMPARATIVE AND ILLUSTRATIVE.
3,691,063 people live within 200 miles of Dallas, which is 47.4 % of the
entire population of the proposed district,
but 20.3 % of the area of the district.
although it includes
\Vealth and Population of ])istrict Centre around ])alias
2,623,202 live in Parcel Post Zone Two; this Zone of 150 miles radius from.
Dallas.
Farm values 1n Zone Two for 1909 are around $1,166,743,688, which is a
greater amount than the capital and surplus of all banks, trust and
loan companies in the Uni~ed States combined, of same year.
Farm Values Greater than Capital of all Banks in the United
States.
The Annual Farm Production in Zone Two is greater than the combined
factory wages of St. Louis, Cleveland, Detroit, Pittsburg, Boston,
Buffalo, San Francisco and Providence.
160 Dallas concerns are rated at over $1,000,000.00.
It is interesting to note that the loans and discounts of Texas Banks
alone are · greater than those of Alabama, . Mississippi, Arkansas,
Louisiana and Florida combined.
Kansas City claims prestige on account of Sears, Roebuck & Co. locating
there. The Kansas City house of Sears, Roebuck & Co. is a warehouse only, occupying 200,000 sq. feet of floor space, shipping on
order from Chicago. The Dallas House of Sears, Roebuck & Co.
has six times the amount of floor space, originates and ships from
Dallas all business for Texas, Oklahoma, Arkansas, New Mexico,
and Louisiana.
Sem·s , Uoebuck & Co., Dallas,
Six Times Greater than Kansns City liouse.
100 MILE RADIUS CIRCLES AROUN]) ])AJ.LAS, ST. LOUIS ANn
KANSAS CITY, EXCLUniNG TilE POPULATIONS
OF THE CENTRAL CITIES GIVES:
1910
Population
Dallas
Kansas City
St. Louis
1,279,160
1,254,578
1,387,441
% Increase
1900- 1910
13.0
8.3
12.5
Including the populations of the central cities, gains in population were:
Dallas
18.0 %
St. Louis
14.8 %
Kansas City
1.4 %
Total Dallas population, 1,486,041, being 40.3 per sq. mile, compared
with 20.7 for Kansas, and 47.9 for Missouri.
21
As
~Iany or More People within
100 Miles of Dallas than there
are within 100 miles of St.
Louis or Kansas City.
lrYPIGAL BUSINESS BUilDINGS.
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22
