The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-08-05
ElNlNCIAL AND COTTON
FINANCIAL


yo,t Financial Chronicle says;
..ithin our experience naNe nu. peopie
y.Ssf ~, ,nrril temperature with tho equani.
slitu ~orsvsil. At tho present moment,
nss feornn seems to have become the
~ ~ ,,itite for pleasant day, ~ frlond
DIT sl lsSr business circles. and 1t IL always
% iil.nnooaixsd with At least AL appearance OF
ioa though 10th speaker and nearer
eNVy,s,ing under the heat And SO tits
'pt'eorn and for wheat and for all the
" pO,,r,cIally as the heated term seems now
ssTrved, in the more flchy producing
~. with timely rams ,..u
i0ar ,S of wheat OATS and other small
gA and root crops ever recorded; while
tlgs ~! ,nguSt and late fall the prospects
apue az az Mi that could be desired, ana for
paon .s,anle--for hlch these burning days
GoIaua, PATIENTLY endured-really promising.
eIss "a ..llrances naturally stimulate bust
i'ssss,ernrises all over tho country IN see
where the evidences OF prosperity are
" Min.hle merchants are making prepare
- pa active fall trade, which are rejected
y ~ Nn a circles, SO that manufacturers
nsNaSp,ers are feeling now the first effects
y INMATE full and healthy demand for
sA1oS AZ conrse active business must quickly
IplA ~ benefit of the railroads which are 10
NJ Ha grain and other produce to
r,g and distribute among interior points
nn.a,chandise bought III exchange for pro.
s,.,t he influence OF this fact the spirit for
Etsi !. IN he extending widely, and among
sa euS, and hence the enthusiastic buy
y, sgsrs properties which has been charac-
rsG ths market ever since the beginning
VSan,b Undoubtedly The railroads will
largely increased business this year, and
',,os naiut. lined that must result in aug
y NTH is the basis of these purchasers
VI and from II they draw the hssty conclu.
,bst A brilliant future for all properties,
~ mind now heavily encountered, is AZ
WI N they buy shares in almost any rail-
Y. and hold them for a profit. The speCula
y, ~ ,sTe i thus again Selling upon very large
.rtion of the community.
pwSS me exception above noted, money has
.'ain GOOD supply during the week, although
'n' a,, nnmistakable indications of Il speedy
sa,i.niHg ofthe rates. Time loans are noS In
.,s,i and the transactions thus far reported
~ timer cent for xix months on S Ock col
sspL The banks are doing e lmparatively
M n commercial paper and are evidently
..nsrinr for au active demand for money with
nheuext sixty days
,s,n heavy. and for the past ten days st. Louis
.sNr, A gain Of over l,0000JO bushels. COM
MA win the same time last year, aud the in
ESQ Al that point and at Chicago is reported
y Sf5OIS bushels. The domestic exchanges
tt5e.e cities have fallen during the week to 80
rpg per 81, 900 discount and on Thursday and
ydllyihe rate at ST. Louis was 81 discount
M; shows that the drain upon this centre for
MONEY with which to move the crops 4. about to
ennencg, and ii is at least two weeks earlier
Aiu It began last year.
phvell understood. of course, that England's
interest IN Egypt is chiefly commercial. But
rpblbly ts not generally known to what ex-
put 10Th absolutely and relatively, she Is inter.
s,el 10 the safety of the Suez canal. An Official
rpot recently issued by the canal authorities
bow. that during the twelve months ended
lpii 90 1885,, the number Of steamers passing
though the canal was Lose, with measure
aantO az, geo tons, OF which l,33i, or nearly
Nper cent, with measurement of LS9l, 1853
pns or more than IS per cent. OF the total were
British The French steamers, which were next
hod T. numbered only w. with measurement
dl9s7 tons The British steamers, therefore,
cgilumbered those Of any other nation nearly
shten 10 one and their tonnage exceeded that
d any other nation In the ratio of nearly eleven
b one During the twelve months ending
With last April, tho total steam tonnage was
i!ill1. Of which no less than S,5l2, S57 was
british. In two years tho British tonnage had
aafly doubled, and its proportion to the whole
bad n'en from Is per cent TO - per cent No
Ecldei John Bu.l is y triilc particular about
keeping the canal under civilized control
Boston paper which seems to think that
SeT England manufacturing interests cannot
k TOO much projected holds very different
olllion respecting the sugar planting interests
u louisiana. In the course of an article advo.
talg The proposed 20 per cent. reduction OF
Tie sugar duties IL says at may be said in
hiel That the present duties on sugar subject
he People Of the United States to an average
AK OIL . III cents on every pound OF sugar that
hey use, That is to say, refined sugar which
nov costs l-2Cents per pound would be OBJ
unable at Ii cents, IL the retluGrics Of Boston
e9l new YORK were given their raw materials
IVY Of duty OIflreign raw sugars the present
dues amount to an average VI about Gl per
etat, out the government allows n rebate on
hlltl su.aS Tor export sufficient To offset tho
dulles aud It's found that the rebate on ga
esMfthNed sugar to-day amounts 10 abOu. -,
ceuH per pouni."
=, DALLAS EXCHANGE AND COIN.
NJ, BlNng. Selling. Buying. Selling.
caiN, TX. h@SPar@s ST. Louis h@E ParCola
lineage, hskpar9A n. o....h@kPw@ Z
o1Neson =. Par@k Houston,.h ParC0i>
6, 1asehangsall points \ ton diScounL Sterling
'iSnt % Francs, 695 TO- Marks, %,
uIade dollars. scots. Mexican dollars. 3. Sc
AeSlap halves. .40cts. Mexican avarterslt
I'D