The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-12-29
FINANCIAL.

The cost of mail transportation for the
wear ended June so, 1851, was $3.50, ~
THE cost of the Star Service for 1881 was
So ~. S55, decrease Of AZ per cent in
cost compared with the amount expended
during iSS0. The appropriation Tor the
wear ending June 50 1882, is $79OO,O0O, being
Sgl2 Gl7 or l3 So per cent in excess OF the cost
his service for ISL. 1t is thought that tile
estimate for the Star Service can be safely
plnced at 81, 10000, n decrease OF S63O,OOo
from the appropriation for 1882 and $29Z,-
Gas more than the rate Of expenditure up to
June so, 1881. In this estimate provision IS
made for new service that may be petitiohed
for and established, after due investigation
looking 10 the requirements oil sections
interested and the postal facilities now iur-
nished. Had no orders been made reduc
ing the Star Service there would have beeh
needed, at the rate of past increases, aboat
100000 for 1882.
THELondon Economist ofthe 81 inst, iur-
nishes the following table of the whole Brit
ish banking capital and reserve tunds:
Capital; Surplus, o
Bank of England. .,,..,,S ~ o. Slo'0 0UOO
Ioint stock English ... lSo6li,0OO o6,6lO,9V
-Ioint s0nk. Scotch - 4j,230,cOj 2O,9g2, 800
Gsia If Nan 80 5000 22d,000
Total ................S 1888, li4OCO Sl35 600
Contrasted with the National banking
system of the United States, the above lig-
ures show Sl33 $4,000 less capital and SiS,-
734 800 surplus profits
Associated National of .,,--, .oo
New York .......,,.S il,l50,'OO 23E6VO
Other National. ....... il261200l l5l77$,2Oo
Total ....,.............s i6S, S22OO SlSi,jj2,So'
THERE will not be any discharges j anu
arv |. next, from the Treasury on the lapse
roll, as has been stated. The amount OF III.
terest on the public debt that will be paid
on January 3 will be over Sll 900 OO0, OF
which amount about $7,5OO,0O0 is on ac-
count of the per cent. loan 1t has been
customary to anticipate the payment OF
January interest, and the action of Secrc-
tary Folger in departing from this custom
has caused considerable complaint on the
part of holders of small amounts OF bonds,
whose convenience would have been mate
rally promoted at this season OF the year
by following the usual custom. One year
ago the January interest on the per cent
loan amounted to over S6,OOO,OOO. by the
reduction of the principal and the rate OF
interest OF InlS lOtll tuC annual l'IiNiNob i7
reduced to S3,3O0000, which is equal to an
annual saving in interest charge in bonds OF
this class of SG,55j0 600.
IL San Franc oo with the houses nearly
all of wood, ami with population of 3d.
600, the total a, 'sed valuation of all pro
perty, real and ,isonal, is S253, 100000. In
Hamilton cor ~, ohio, which includes
Cincinnati ald has much larger popula-
ton than San Francisco, it is 500 100000,
and in St. Louis, with population OF 3lO,-
900, / is only $lG5, 100000.
II appears that the State Of Wisconsin
still owes the United States balance Of
500 ,6s5 of the $5l9,6 levied upon the State
in the direct tax voted by Congress for wal
purposes in 1861.
The total redemption of bonds TO date Il
as follows: Under the l0jth call, $l7 09, 800
under the lO6th call, SG,439, $50
A company has been organized to oper
ate newly discovered silver mine in Green,
county, Pennsylvania,
The bank of Montreal has sold to date
100000 worth of Canada Pacific Rail
way Immigrant bonds.