The herald and mail. [volume] (Columbia, Tenn.) 1873-188?, 1875-12-03

and the west have advanced the ate Of
jinnap for one bound
h There viii be twenty-foHr contested
election eases TO settle in the next national
( huilse OF Representatives. Nine of the con-
/ testants are republicans and fifteen are
democrats.
The body of Captain Wolfe, the Gal
weston pilot, who went out on board the City
of Waco, has been found near where the
steamer went down. His remains bear sew
eral marks which appear to be burns. As
Captain Wolfe was an experienced pilot and
seaman there isnoE no hope that anyone on
board fhe i5asFnesF yessel escaped.
A 'contraef has been closed between
parties Eslrtjiees IN Chicaeo- and Liverpool, England
ID HhI4dsa nuEnber of sailing vessels to ply
! ItefWeen these two ports in the grain trade
ehchsvessel 20 have carrying capacity of
shif4S-eighf thousand bushels They viii be
constructed in time for the opening Of Bavi-
cation next year,
From Jpis 10 Oct. 81, there was a
-alilng or IN Customs receipts probably to
the extent ef three millions, as compared
with the corresponding months last year.
This month thus far, the receipts are much
larger. The internal revenue receipts
snow ali increase for July, August, September
and October of $, ,4OO, ,19s, and it is expected
the increase for the present month will be
one million and half of dollars. The In
crease in the receipts from the increased tax
on distilled spirits KaE not been as large as
anticipated, but there has been an increase
of receipts from tobacco and snuff, owing to
the change of the tax from 20 to % per cent
per pound.
The following report upon capital de-
posts, and banks and bankers, appears as
the supplement to the report of the commits
sioneS Of internal revenue: Since the organ
ization of national banks, the amount real
lied from these sources to the close of the
last fiscal year, was s64 ,eS7, ,S74; realized dur
ing the last fiscal year S7,27O, ,75S; amount
paid by national banks ON deposits alone dur
ing the period of their existence up to June
80, 1875, $50, 1s,02ss nnaosrnt paid during the
last fiscal year 81 T5. The commissioner
calls attention to FexsAAption on deposits i,
Swings banks. He SAYS by the existing laa
dSpesiis made by any one person are not
liable 10 tax, Unless they exceed $1,000. Il,
says the commissioner, deposits in these so
called savings institutions are thought
proper subject for exemption fronftax, where |
they are employed with such profitable re-
suits, il were better to return to the rule |
aanRtea bF congress in 1866, where deposits |
made bgany one person in excess of $500 |
EkreSubieet to taxation.
The cotton crop report for November |
makes the direct comparison of product this |
year with that Of 1874 As the former re-
ports of their condition have indicated, the /
states bordering on the Atlantic all show re-
luced products, and those on the Mississippi |
Ialley an increased yield. The area of the |
great September storm in southern Texas
proves less disastrous than was at first appre-
lended. The amount of lint in comparison
With the weight of seed cotton is quite favor /
lhle, ranging from 25 to 80 per cent; but so /
ar as reported appears to be less than in
S74. The state per centages representing
he aggregate quantity as compared with last
ear, are as follows: North Carolina 81,
south Carolina Of, Florida CO. Alabama 1O2,
Mississippi Ill, Texas ia, Arkansas 130, Ten
lessee 116. The crop of Arkansas is good
me- but the figures are increased more by
he fact of last years poor yield than by the
xcesS of this years crop. These figures
'oint to a small advance upon last years ag-
-regate if November and December should
'e favorable to the opening and picking of
he top crop.