The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-12-28
MONEY AND TRADE xorrs
The recent failure of welch & R,o,, ,

AN' '''sA' iA"u's OIL "eleh u B.coa, Al
is suggestive of "killlipg n.
goose that lad the golden egg" For en.or
years past tii' shaving shop has plsrs1
banker for the Gotten growers Of south ws,,
ern Georeia,..ani played it with yeup.Dnco
It's nominal charge for money was ~.
cent per month, but then it had a v,v =,
discountiag which was peculiar. It vonIa
subtract the discount, thea ths iptsrs,, t,.a
several other Items, always shayiag aow.
untilfor tho note thu planeer hasaSS in 70.
500 he got $50 in cash. II masasa5 y,
keep the whsls plratisg community Sronn5
Albany upon \ tsmistSryiAg condition s.,
that the bank hes itstlf hnnny oolIsn,s; ~
no wonder and perhaps liuls r,",. Is
Senator Beck has introduced q now iersI
tender bill. ltprovidos that any nrjvs,S =,
corporate person not "a alien shall h,ye ~.
privilege Of depositiag gold il sum. -,
$4,000, or any multiple thereof at ia W.. y,
York sub.treAsury, fer which l.r,I.t.,Jo",
certificates of deposit shall be- njysn in Nv
nominations of $40 and upvarS' tIs,a = n. ~
hcstes to be payable on demand and IN Ts, NJ
respects like the existing gresnbncks, except
that thC works ISSUED oa depo,it Of raId"
shall be priatsd on them. The gold rscsvsS
on deposit fer certificates is to be held for ,be
redemption Of the ssrno, or of other I.gnIS
tender nstsS. and The notes redeemed ara 70
be held for reissue upon further dososit, ~
gold.
ST. Paul, AKnaots bM built s4Os5sO
worth Of bHGisgsi Dlecfs tsis wear. S16S 20O
Of public building S26S 900 Of Mill. sI.O
ya!ors. etc, etc, S746, 100 Of private hvilS-
isgs, ard $4,000 worth Of r,irs,i ,trnC .
turss. The new S.. Paul slsvstsr, Just A.
i,hed, cost $l5O0,000, and there are sops
hslf dozen new mill, and factories. whore
average coat reaches $4,000 tn, railroad
buildisgs include tbs new uusn depot. SIS
0OO the 81. Louis s. OHsha shops, Sc. 900
and the Northern Pacific psd the St. Paul
u Omaha general buildings And freight
hSuts, $50 600 esob. The public imprevs-
mems by tho railroad ceMpsniss 10 addition
to the actual erection Of buidings have in.
viewed tho expenditure OF $4,000 the
present seasSn, while the public improve
msnIF by The city aa9 street railroad, water
and gas corporations have cos. nea " $780,
900 m)ro,
A Washington special to a Nav York :.
per states that, owing 10 large pension az. rT
other payments this msatS, ills preS.hI.
that Secretary Sheraas will bs ebIig.5 w
draw on the treasury balance for tho dr.
ence between this sgrpus revenues and No
amount necessary 80 redesm Sls 10000 Do a
per oea1. bends on January |. Ho, mnob
treasury balance will be drawn c.apot r"rr
be known but it will BE- bstwe,n 81 ON 0oo
and S5,000,000. The revenue, como IN
slightly less than expectations for tho month
This condition of taisgs will preclude The
secretary from going into the market far
bonds other than for Ga, perhaps, Until Fab.
ruary. Sixea have been Gem At .bont
the rate Of about 5000, 900 per aay. And tho
done.
A few years sgs tho grsste.t .t,ausrs did
net exceed $50 feet in lsng,h 45..,feos in
breadth, $500 tons in toassgs,er 1000 horse
power. Now the City of Rerlis, OF the Ia.
man Inc, is 1888 feet BY al fs,t, and thsir
now ,tesmsr, the City OF Rome, building Of
iron at Barrow, will DO still larger, ha,isr A
length Of SAG fest, sbrssdth Of so f.st and 4
gross registered tonnage Of $4,000 TIL.
Cunard stesl ship, the 5srvia now building
at Glasgow, is 500 feet BY 50 feet, with ever
10000 indicated horsepower, Gad will
doubtless possess stssd ia advance of tho
very faatsst ship at present saoa! in the ner~
camille naGrina.
Until comparatively fow years sgo tho
manufacture of woelsns in Canada received
little attention. The last ten or fifteen wears
have, however, witnessed remarkable
change. Mills at Pstsrbpro, Gait, Perth
ard Vslloyfsld were established for the
manufacture Of Csnsdisn twssd,. The1e
were followed by the erection Of .ctores at
Guelph, ST. Hyacinthe for blankets; ut va
rious points for yarns; at Paris, Slrslhrov
Cosllcook, Montreal sRd Toronto for knitted |
Underwear; while the mills at Almonte, |
Smiths falls, Cali and Guelph for hosiery, |
Csr5igSn jackets, woven caps, and nubss |
are amcng thu latest achievements in this |
line. The Toronto Monetary Times SAYS
"Tho annual product Of the sevsnty-nine
mills, for which we hav6 estimates, is about
S4,26O,00O. The other mills on the 0Atsrio
list will tura out perhaps 100000 worth of
goods. Tho Qutbsc mills nsmsd turn out
annually close upon 100000 worth, max,
ing the total outturn for both provinces in
the vicinity of S7,000000."
The last victim Of the sultan Of Turkey is
the house of HSnsoA s. Co. 1. has failed
for 923o,000. This SUN foStsd tks bills Of
ais ssraglio fer about Month, and he is now
locking for new customer which his bunko |
steersrs will have hard work to find. i
Tho frat spiral tunnel on the st. GethNa
line, in Switzerland, hiss been completed. 1t
Is ons thousand metres in length, and was
borsa ,hrsagh granite entirely by hasd.
When man discovers gold mine in
New York he is allowed 10 wsrk it twenty
one years and then it rsvsrts to the state.
Which accounts for none ever being dis
covered there.
The chief of The bureau of statistics re-
ports tSat the total values of tho experts OF
domestic provissns aud tallow from the
United States during the month of Novem-
Der, 1880, vera SD, os8,1 1888, and during No
vember, 1876, rs 9s09l2 For tbs eleven |
months ending Nov. So 1880, SIG, ll00Bl, |
and during the same period ia 1879, S99'-
l40038.
SUBJ ,issd is classified list Of tho exports |
of all articles shown in the monthly trade |
and navigation returns from the United King
dom to The United States of America in the
menlh ended Nov 80, 1880, as compared |
with the corresponding month OF lo'9:
Iron 1879, 1850 |
Pig, toss. ...,......,. ....,.. sI,fH u,WV
BAR angie, bolt, and rod ,,