The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-11-02
FINANCIAL AND COTTON


railroad construction IN our s0uihesn sllVs
since the business revival on ~ aucd 'nrt
the old roads have been improYCd 70 u ConHIa
cradle extent. At the close o. lhe Cu'a'n ,gorl,
cade the southern geetlOn. Will nhNc u az
of rsilways OF an extent three tllleh hs s'eas .
In 1s-O The development has been NOV
marked I'm Texas, Arkansas Loulslalu, Ncut-,s
and Florida, although gtauIyl.B PIOb,rstb -
heen made In all the states huuAm ",
ne obin and Potomac. According to oilclal
returns during the year ended June oo, loo- -
800 miles of new railway were putin oPctHuon,
showing IN increase OF about Inv ~ T,v
Inc nrey,ous year. The gross earnings haye
also experienced q remarkable increase WITHIN
the past few years, shown by me my YIN 4
1SIOthey amounted 10 Sl3,WO,OOU ~ leeO, 10 -
OsO'GOO: aud in lSSl to $4,000 700. me net earu-
inGs Is increased from SlitOO,OOO in 1871 10 ~
100000 in 1881, and more than 2i,OgOO1V III looi'
FINANCIAL ITEMS.
Bullion IN the Bank of EnglEnu decrenseo out-
ing the past week El93.OOO.
Ihe real estate transfers Mt Minneapolis IN one
day recently amounted % s-lGOOO, g..
ing lie past w..r 9jI,tOOt gold and ~t'S9'oOV
silver. vol o;,r IL n very
lucrative o. Eh- .u1yne ranges from '-'"o'
10 S5l0,UN q ..4r. b,r, aus
=SSnr IN. .5,.rtr- .l.r go!d certificates,
snban 4 az 1...t mott be- .rf..4. d, has not asked
60 ,T oh. H.u. ..+ can be procured
m. F..ue.. gf.tcr .f.. D hold sixty MIL
.fs .l7t f war in Egypt viii
,Ir4utf o ..-r- .uU, coo, exclusive OF the
,.rcIs.- IA. .f... e. occupation and the In
ffrj,,s, .,i wears old has heen found
.,. iiuersr. DO were digging in Il claim al
- ErIIs, ylumbia. IL is supposed 10
Ia.r It'd there by Chinese mariners
ster ed on .hr cast long before the CHRISTIAN
IL tsf1. charles Turner, then in the fur and
skin On ines, in East Saginaw, issued n large Io'
of adver,. ng cards IN the form OF l-ceht pieces
which in those days Of Ga sc% deSs cs since one e'I was
brought to him for redemption .
The New York Herald mentions the foIoWlnS
as a feature of Mondays stock marEel
'Kansas and Texas aud Texas racine were
fairly strong under improbable stories OF q con.
so.idation OF the two roads and a Yhd goton una,
the prices of the Two properties would DC lhau n
10 APPROXIMATE before the bl9hding TOOK place,
which blending would be gdite probable II any
consolidation was eitheE possible or conVeih'
plated"
The imports OF Frfnce for the past. nine
months, as compared with those OF the SAINT
period last year, increased 50, GoO'9OO francs anu
The exports increased 2i6, 600, 0CO francs.
In that part of the United states ceqed by
Mexico at the close Of the Mexican war, golu ana
silver of the value ofs2, 200, QUO, eco have been re,
ceived. The customs from ports thus ceue9
have been 1870, 900, Coz in excess of the cost si cor
lection. In twelve years California mas PIouuC,
ed $40, 900, 600 bushels of wheat, large porlon VI
which has been shipped from the state.
During the fiscal year 1852 1894 per cent. OF
the total foreign commerce OF TINS country Wa
with Great Britain and Ireland, 6.f2 per cent
with France, $50 per cent, with Germany, 29-
per cent with Canada, 5. 60 per cent WIN C4o9'
3 90 per cent. with Brazil, BIB per cent with BEL
GUM, and ,62 per cent with Mexico, nj Pr IL
American vessels dropped TO l3,5, the loves
point reached in the history of the country ~
has been falling regularly year by yeur sinee
1876, when it was 33.l per cent.
During the year ending June 30 the coinage
by the United States minis was the largest ever
known, sll7, Sil, 59L.. of this $50 4la4I''CO was
in gold, 500, 000,0J0 in silver, S64i,I5f IN copper
and nickel. The very large coinage OF 4hOOlCW
copper cents is ascribed TO the growing popular
ity OF the small coins in the southwest. Inc
years production of our mines shows a decrease
Of 81. 600 OOO in gold and an increase of S2,6OO,OOO
in silver, the total product being about SI6,OJV,
OOO. 1t Is known that there was ,CO,OO9UoV IN
coin in the country on tae ed ISt oS Sl Jq tbyS. n 0i q mai
banks, SIP 000, 900, and private parties, s44O0Jo,.
900. The worlds production Of gold was about
sllO. OOO, 900. and OF silver, 500, 100000,
rency eos, $40, COS. rs By the act of June y, 1879,
there was dropped from the estimate as lost or
destroyed $3.50, 923. Since that tune inc
treasury department has been calling IT in. ana
has succeeded in canceling and d stroying S4lg,
42i OF, leaving as still outstanding, August II,
1882, the sum of 81, 0f7,247.U. OF TINS proDaD!y
81. 1000 30 will never be presented for redemption;
This would make the total profit on the postal
currency about sl5, 100000.
The New York Tribune says:
Taking the New York sub-treasury dairy re,
norris oI receipts. payments and balances for the
week ended last Friday. it seems TO have taken
in s93 I455 more coin than 1t paid out, aud 70
have paid out s29I,79 9 more currency than II
received, making an apparent accumulation OF
1852 $50. We already have shown in the review
OF the bank statement by what method OF book
keeping an actual loss TO the treasury's real pal
ancc OF ssUl, 40l was transposed into that seem
ing gain. But there is another item included IL
the weeks receipts at this sub-treasury that y
not a gain TO the treasury. There was solO,OV
gold coin received for exchange on New Or
leans. that is the New York sub-treasury re
ceiyed that amount plus l-20 Of / per cent, and
the New Orleans sub-trcasury paid IT out, u
merchants of that city on tclegraphlc order
Hence. BY the operation at New York last week
the treasury's payments exceeded its receipts
eL6lL4 400, or exclusive OF redemption OF bond
OF the 10th and ll7th calls about t60lOUO'
narTAe uWCrTAf,Qr AND SILVER,