The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-11-15
FINANCIAL AND COTTON
FINANCIAL.

w.n s,re.t News says: The sooner our
iss - II out of their heads that the cleo
rsisrss "a disturbing feature In this market The
~. The election is only one point In the
ksss,;on as evinoing the desire OF the people to
S|s.ts.,,r N unQpOly and compel reasonable
uHi.sssnce of The duties of public servants. The
~ sse,nr in the speculation is the roiIennsSs
~ ,,~rsiOrify of the corporations whose stocks
dlasas aean in upon the exchange. Mos, OF
rs COMPANIES nave been obtaining the
- ~ 70 ~ nm interest and dividends out Of the
rJ6sv of the. public, which has bought
,nasrion, relying upon the assurances
M managers as 10 gross and net
6ncs Now, when the buying capacity of
snnslie has been exhausted, the corporations
% ~, no more money, and tneir bankruptcy IL
~ Inc question of lev weeks or IN utns
Y, Wabash. the Denver 4 Rio Grande, ,c
llpsEs,sv,lle K Nashville ana score of others
~ sxisted in this m1nLer, and as their earn.
~ ~ ave not sufficient 10 gay dXed charges, and
His-rre securities can be sod, they will newt
.gr collapse Nobody cares TO lend them
w uaSsv when there is no earthly prospect of get
| NIL back, and those VINO nave already been
.;s.sad will not be inclined to throw good money
ny, Rad when solid stocks arc gstu Z hurt II
=. moor time TO hold on 10 those that are UNI
.utstonaby lainteo'
,rrc-edlt ofthe United States government is
al nvon what appears TO be very good su-
Sorty TO be the best of any government in the
sasd First Comptroller of the Treasury Law.
'.nns recently stated that while British consols,
MN are perpetual and pay s per cent, are
,,sh only % cents on the dollar: ours per cent
ENDS now being issued, and which are liable
~ No called Ia within few years, are worth a
,wnmium Of per cent IIo expressed the opin-
IN that II these Q per cents were certain not to
y Maid inside of leo years, they would sell at a
| Ft-t... If 4 M no
,isJgped for the high standing OF bonds Is that
MAJ hanks which must have bonds as the basis
Ithejr circulation, hold large numbers of them
rd their requirements keep UP the price.
Our tariff imposes duty OF ID per cent on i'm
mriei bananas and plgutains, 20 per cent. on
Tneapples and cents per pousd on ooa0anuts.
Isstyear we imported bananas and plantains to
ae value of s65i,o0', and collected duties on
mem to the amount of $4,000; piueapples 10 the
r.lue of Slll, 6j9, and collected duties on them
nihe amount of S2i,060. and cocoanuts to the
v,he of elS COO aud collected duties on them TO
he amount Of 500. The total revenue derived
tOm these three articles was Sg500). The con.
symptom of foreign fruits and nuts in this coun.
m lslargely increasing
The minos OF the Wood river and Saw Tooth
districts of Idaho, will, 1t Is estimated yield
pM00O0in bullion during the present year,
which Is double the yield of the territory of
laho three years ago, when these districts were
unknown, New discoveries OF value are con
sauly being made in those districts The
snOunt Of capital invested in mines In the
Wood river district alone this year viii be over
100000.
new smelling establishment went into OBJ
ention Il. Leadyllle last month, with sufficient
4@ on hand to keep II running for twelve
months to come. LeadYille now has twenty
eight furnaces in operation, all of which COM
tned are unequal TO the work OF treating the
ores produced in that locality, and large quaint.