The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-08-19
FINANCIAL AND COTTON.
FINANCIAL.

MIN commercial Bulletin says at
lhe ps.r,,,up,red that when Ar, Gould was
W ~ S,,s5' io ,el into The Mutual Union by the
| "..,rfA large block OF the stock, Suhse-
.r, "a his acquisition V' vac sHa't3 heid 0y
| eie' I,hu ID Evans, he agreed, among
pt "a, higgs 10 use his Influence to secure the
eld ,siaI,s1cc of litigation then being pressed
| tso0nH.,ih's company by the Western Union
| igilsi ',1N,,l paftirS At that time Erastus
nfa." yery energetic Western Uuiou man
| N9g,it.lpI the Mu.gA Union way by a suit
y. ~, IN. issue OF Increased capital stock.
.5n ms no way Of defeating that suit and In
ll3v1 present facts 10 is believed thut
~ .,f ~ Rslsrgud the Western Union interest
wlll iisJ mo Mutual Union u admit them D. in
| eAl .,rl. That the i0tuJ shares sold 70 them
s.sis psf share Wasin fact price uald by the
~. manipu,at1rs Of the Mutual Union to get
gsstsl mountain out OF the lineot their iudn'
~ ~ t.r- NOW fromuudugbted source that the
| "A, srrsnreueut with the Mutual and West
AT,ion clidurs contemplate beyond a QueS.
~ no ab.orpton of the fupner-but not lustRt
-.'n,--nud that there will In the meautime DO
sssly 'buu deal in Mutual Union. Although
80 c,t his NJ O. stock ut SOILS | don't think
WAN else could or can now get it nj less than
q or e. Il StG,V -o"' "'S' va" so' a. '""'
ny sTb s'' newest bull pool is In Western Union
| Ii ocrnnused OF Governor Cornell, eN-GOy-
snor + d. Morgan, George William Ballou,
S,Sn, D Mills James L Rush and other big
IN The pool is Il fact and was formed only
y "wednesday They say they are going To put
n, .,osk 10 par before september l. But us Il
Inrd fellow remarked to-day on hearing of ii;
Tssy are simply bob.tail pool following
and and he viii pull It there before they do
pak going tla' way
R,yERRISG to the bill increasing the duties on
,ri goods, worn by working people, from IS
=, nsnt 10 the equivalent OF 81 per cent an
s.,ert organ OF the protection beneticiaries re-
wafks that ut is not little singular that
sthonph this bill was intended to correct cler-
hi error il has been passed with II manifest
s~or Tue title OF the bill refers to section 2.Oi
Ithe Revised Statutes, but the bill itself, by
hinder made in the house, refers 10 section -
Which provides for the election of representa-.
IKE, IN congress The only singular
hng is that the house made the blunder
fAe senate, after holding on to the bill TO the
hlmOment without action. did not dare cor
pNlhe bluuder, because 1t could only do so by
s-enlment, which would send the bill back TO
The house for concurrence ut time when sin
gaObecton would throw 1t over to the next
sssll. Accordingly the senate passed it, blum.
dgall all. This was done, according TO the
eNsn monopoly organ, upon assurances of
be best lawyers in Washington that the secre-
bB0f the treasury and the courts would inter.
vet the measure according to its intention" The
cyan adds that Secretary Folger was also con.
alel in regard TO the matter, Now, watover the
secretary may see fit to do so, 1t is by no means
certain hat the court will interpret the act in
favor Of the knit goods monopolists. To do so
would be 10 reverse practically, their decision
hlhe matter OF sugar, which was to the effect
tiGc0ngress must be presumed to intend what
llsclS- and nothing more. 1t has been stated
that the importers would pay duties under ro-
tsst ifrequred by the treasury department to
pay the higher rates, and test the question In
lAe courts whether '2S' In an act OF congress
must be Interpreted az meaning "250t."
DALLAS EXCHANGE AND COIN.
y, Buying. Selling. Buying. Selling.
Cae TX. h@tParQs 1t Louis hDx Par@%
Chcsgo.. s@&par@A N, o.. A@&Par@A
Galveston 4 Par@a Houston. y Par@a
Exchange, all points y ton discount. Sterling
hght 81 10 Francs, 500 10. Marks. %.
Trade dollars ..gOCts. Mexican dollars. 80
Mexican halves, .i0cts. Mexican quarters 10