The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-07-27
FINANCIAL AND COTTON.
FINANCIAL.


oon as the act authorizing tho funding Of
AeSnrinued SA per cent bonds int per
ne was passed, the secretary OF thetreasury
tsnnNSs,ai he CHIEF of the bureau OF engraving
prnns to PTsPais for his lSr ' Tsi,
W Sone and the plates OF some OF them have
s va Nv, baen made and the printing commenced.
snnds will be registered only, aud OF the de-
la'nations of IS tlyO, $500 II ,OOQ, and Sl0,0Od,
M face of the 800 VIII nave IN lhe upper center
nn,rtrsit of ex.Secretary OF the Treasury Fss-
s.ppSen with large laIhework counter contain.
- denomination on either side. In the
Ihs n center will be picture OF the treasury de-
p 0ss,ment building. over the head OF Fessenden,
awning the agc Of a circle, are the words Three
srr.sth The portrait is the date Of issue,
,anrst / :. 1882. Along the left side ex-
Az. Az he Roman fasces aud ak, with the mono-
sn n S in the center and the motto "E Pln-
s,Sns iInum" in scroll-work. Down the right
ss,Jer are the words Act OF July II, 1851"
W. center is hlled up with the story. The
nv, denominations will be the same, with ths
V,esntion of the necessary changes 10 indicate
,bs amounts and the portraits, which Will be as
| Siows; ON the sl00, the head OF De Witt Gin
,On on the $500 that Of Benjamin franklin;
w the 81 ,OCO that Of ex,President Garfield,
snd an the $4,000 that of Alexander Hamilton.
The backs of these bonds will be different
,,m any that have ever been made On the
All fold will be a large denomination lathe
work counter; on the second will be, first the
,nt authorizing their issue, then an oval denomi-
nation lalhe-work counter, under which will be
,he number Of the bond. Then follow the
words United States Three per cent. Loan OF
Isl Transfer No, Original date, and
origInal number -" thus making complete
S,isf of The bond. This form of brief is secre
,arv Folger's own Idea, and its convenience will
,saaily be seen The remainder Of the back 10
ocTl,nied by the regular form Of transfer which
!, found on all registered bonds. The backs
viii be printed in the following colors $50,
green: $780, blue; $40, rcd; $1,000 brown and
with the passage of the national banking act
authorizing the national banks whose charters
had or were shortly TO expire to continue their
organizations within Two years, 1t was deter
mined by Secretary Folger to make new notes
Which should present additional obstacles to the
counterfeiters. AS the 80 note was the one most
generally selected, an entire new model for this
note was prepared by Mr.. George W. Castelar,
he superintendent of the engraving division,
which is as follows. On the left is Il large por.
trait of ex.President Garfield, above WHICH Is u
small lathe.work denomination counter On
The upper right side is IL larger denomination
cDuntcr, and the charter number of the bank
Is repeated six times IN the border. The
usual title and story fill up the center. In
the denominations of $40, s20, $50. and 500
no change has been made in the yignettes. but
In the s. notes The backs Of all the new notes
will be printed III chocoiate-brown, instead OF
green as heretofore, and in the center, where
the large pictures have been placed, there will
be a large series of lathG-work counters, acros
which MI be printed, in some color yet To be
selected the charter number of the bank, each
figure resting upon u large lalhe-work counter.
The national banking act authorized the issuing
Of gold certificates, and the models for these are
now being prepared by Mr.. CASTELAR,. As the
al 20. bout
Si0l,0J00VO or about one-tourth OF the entire
government debt 1t Is desirable that the new 5
per cents should be ready for use rs soon as pos
slbe, aud the work upon them Is being rapidly
pushed In regard " the national banks, 1t Ia
stated that the charters Of about $50 will have TO
beimmediately renewed, and, of course, these
will all have 10 take the new notes under their
renewals. New banks which have been organ
lied since the passage of the act OF July IL last
will also be furnished with the new style OF
notes. Work upon these is also being expedited,
the engraving printing and other divisions of
the bureau of engraving and printing working
beyond the regular hours to have the notes
ready for delivery 10 the comptroller OF the cur
rency by Augustl.
THE impression prevails at the Internal rev.
enue bureau that the tax bill will not become q
law this session of congress, AT the bureau of
engraving and printing the same belief is cur
stamp printing is going right ahead us usual, to
lay in the usual stock for fall orders. There are
some senators, also, who quietly express the
same opinion while leaders of tho house, to
sound the public sentiment probably ore giving
out that they will not take ltup when II comes
irom the senate, if 1t ever does, but refer il tn
the committee on ways and means and keep 1t
there It's fate is extremely problemat,cal.
some idea of the enormous power centered In
The railroad corporations may be gathered from
the TACT that in 1851 there were In the United
states WSl3 miles OF road, represented by 4
capital and debt Gggregaling over five thousand
millions, or about three times as much as the
national debt The total net revenue Of the
companies was s276, 325 ll9.
The returns of the Italian money-order Office
last year show that the greatest increase was IN
orders from the United States and France The
revenue was 100000 over that of 1850
DALLAS EXCHANGE AND COIN.
n Buying, Selling. Buying Selling
G INC, Elk. k@kPar@k 81 Louis I@% Para i
Chicago, ,h@<Par@A IN o.. .HG% Para y
galveston x Par@A Houston..h Par@h
r., exchange all points X toS discount Sterling
eighl "a 80 Francs, 5@5 10 Marks, %.
trade dollars. g0cts Mexican dollars. 81
Mexican halves. .4Octs Mexican e,artcrsll