The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-10-29
FINANCIAL AND COTTON
FINANCIAL.

p,,sslA estimates the value Of the siberian
Ia mines At SbolNpV0 a year.
ne assistant United States treasurer az Bali
~, asks for sl7.0tVo Ia sold certificates
o.iederaie bonds are selling in London 40
ne rae OF a. 70 per 81 a.
no GOLD and silver pM1uct % Idaho since
49, is estimated al $40 0eQUll
ne receipts from The eapitatiln tax on im@.-
grants, under the act Of august 80 up 10 aAd iu-
slI.ag eptembcr SO Is satnN
I'D * over SAt0l % pay the liabilities Of The
riIf Of omaha fOr the month Of september.
its receipts nom Ohio pustOllces in l,N2
wen jt3o> Ia excess OF expenditures.
Al kouigS0 burg there has been a Tremendous
h9ginc in NE price Of Russian grain, owing 90
lhatomprdull II America.
q t. stated that the state Golfers OF Italy now
rou.a.n ilN O1uo OF coin laid up toward the
Abolition OF the forced paper currency
There arc three mills under construction in
MINNEAPOLIS with an aggregate capacity or 500
bhlspar day. which will be gomplstCd and ruu-
Ming before New Years.
qho Chilian balance-sAec, for the year ending
December a. 1881, is said 70 Dee most salts. factory
ID shows an increase ON receipts OF Sll6l21 0 Us
aver those OF lSS0. The ordinary iucomg i'm ls,L
amounted 10 SS6, bi,1ilOl.
William Pollock Saturday gave $500 for
membership in the New York stock exchange,
Tbis was the higheS, price ever paid there ior
the prvi'ege Of gambling.
A nugget OF gold, entirely free from quartz
and worth sL3n was recently found IN Forest
civ mine, California, ID reSemblVd in shane a.
bear paw, and ne lucky finders are now search.
ing for the remaining parts of the golden bear
lhe amOUnt ct lawful money on deposit IN The
treasury for The redemption OF notes OF banks
reducing circulation is >2i.37l, 1d7 iU bauk, In
liquidation, el2YlS, 3e2 TO- failed banks. slO19.-
rl2 making tOtnl fund of s3S Sl2 SiG.l1.
There has been melted at the PHILADELPHIA
mint 5000 worth of silver three cent pieces
The loss 10y the Grafton was sl&,tO, or a little
over hall OF me appropriation for that purpose
for the ensuing year. The less is caused chiefly
three cent pieces was but $50 instead OF 300 hue.
The coin melted M will be miuteG into ten cent
pieces,
New Orleans MS usual, is clamOring for money.
For some reason the banking capital of that
city is by no means adequate u the volume of
business, and an ou,putut currency for Il single
week will nj any time create Il strugcncy In the
Oll and think the treasury should furnish II.
Treasurer d.tillhn has sold gold, ia the New Or
leans sab treasury to The amount OF sL5ON 700
in New York, but the parties having the eN.
change have not yet called for the gold which
was ordered 70 be delivered by telegraph, and
the pressure is therefore not relieved,
According 70 Mr.. John Peuder NJ p good
authority, the length Of telegraph wires III
America Il about 100000 miles, with capital OF
some EGO OOJ invested therein, aud represent
ing yearly revenue of fi $4,000 the sub
marine cables now show length Of 20, g9S miles,
representing capital of E2S. 900 600 or nearly
three'tourths of the value OF the whole telegraph
system OF Europe, and yielding yearly revenue
OF f}O o 900 All that submarine system has
been created within the past twelve years. The
total length OF the wires of the world. including
submarine cables, is l.1lu, SOP miles The esii,
mated cost is G7TO l62, the estimated revenue
being 1850, Isl.