The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-02-16
FINANCE AND COMMERCE.
FINANCIAL.


Is estimated al tdO,OOU,uOO, upon WHICH tnere
are Gig 100000 mortgaged,
The total state revenues for last year was
$2,526,2 G7.
The Dakota delegations are pressing the
commissioner of the general land office for q
division of the land districts OF Dakota and
new land officers.
The total city assessment Of Galveston
shows total valuation of Sl7 S34, $50.
The new county of Cochise, Arizona, is
already in debt to the amount of $1,000.
In eleven months of 1881, ending Decem-
Der oath, Sl0,S9,6 go were received in New
York.
A prominent New England banker says
that there is more money in Massachusetts,
Rhode Island, and Connecticut than can be
employed to advantage. He looks for ex-
tensive buying of good securities from
those states this winter and spring.
It is believed that Germany will not agree
to a bi-metalc standard unless England
does.
Coinage at the Carson mint for January
was as follows: Double eagles, 1900; half
eagles, $4,000; standard dollars, $4,000;
total, $l0S,0O0.
Arizona's delegate to congress has intro
duced bill to have mint established in
that territory.
The recent call issued for $4,000, 600 more
cNlcUucu U ) muluTtS n pIl o. lnlS illuhtS
$40, 600 900 of extended 6s notified for re-
demption since ex-Judge Folger became
secretary OF the treasury. The first $4,000
600 mature March 10.
The foreign export trade of Philadelphia
during the year 1881, amounted to Sal ,5S9,-
| 5Si, decrease of So, 426,627, as compared
with the previous year. Ofthis trade about
one-fifth was carried abroad in American
vessels, and more than one-half went to the
united kingdom.
In reporting l31 failures for the past week,
a mercantile agency of New York finds
them generally caused by speculation or de-
liberate fraud, and again urges the passage
of q severe national bankrupt law.
| Captain James b. Eads feels confident
| that the senate committee will make ia
vorable report on the subject ofhis proposed
Tehuantepec ship railway scheme. lfcon-
gress, however, will not assist him in this
way, he proposes to get foreign aid.
What the protection that does not pro-
tect has done for American shipping can be
Judged of by returns just received from
Amsterdam Holland. In 1928, one hum
dred and two American ships entered that
port in 1880, ten ships; in 1881, two ships;
in 1880, five hundred and sixty-six British
vessels visited Amsterdam. Is this con-
clusive2
The commercial banks of San Francisco
own bank premises worth Sl,0li 1913 81,
have So pc, 074. 10 worth of United States
bonds (cost price,, have loans on stocks and
bonds $379l ,3l3.1, on personal securities,
$40, 100, 1929, other securitNts lgraiA, etc.,
$40, 70i, 305.56. They have conbned paid
up capital of $l4 l02, 2l6.30, of which $S03l =
900 is of the home banks and $G,0n ,0l630,
the amount due the London Offices by the
four English banks. The amour. due de-
postors is so sos, 1862 and the surplus Of
the home banks, S7l7,9G. Tie net in
crease in the liabilities of the banks during
the year 1881 was 81, $4,000.
lnthe payment of pensions the estimate is
made that the people Of the United States
must look forward to the payment of $780,
100000 to fraudulent beneiiciaries during
the next twenty-five years, and over S7i,-
0O0,0 900 of that amount are to be paid during
the next ten years, unless congress provides
effective means to expose and punish these
frauds.
A REPUBLICAN member of congress from,
Indiana said that he did not look with
much confidence to the next campaign OF
account of the temperance complications
One legislature had passed constitutional
amendment to submit the matter to thu
] people, and the present lCgslature-elec
, would take the same action. Then i
would 90 to the people, The whisky inter
est is always, in such contests, united will
, the democratic party, and the result woul'
/ probably be disastrous to the republican
r party, which was identified with the TEN
5 pcrance reform, as it had been with all 9th
! err reforms. An experience of over twenty
five years in Indianapolis had shown hin
= that in the face OF such u complication
!. where the state was so close, that the dem
b. ocrats had the advantage in the situation
THE New York democrats in the hous
are preparing to antagonize the tariff CON
mission bill adopted by the ways and mean
committee, on the ground that II is u mer
subterfuge, framed and intended TO PEI
a petuate the present protective system
n They intend TO make an issue on this bill
n the party can be brought together, A cat
Gus will be held to map out line
N N action. A prominent democratic leader
)" the house said this afternoon: "Our polio
N is to show the iniqutics of protectiy
m system, and to expose the sham that
m presented in this bill. 1t is nothing MOI
M nor less than n scheme TO quiet the deman
-, of the people for q tariff reform by a pr
m tense of doing something. Democra
should take determined stand an
III ~ i'uN thV NiNuu
M Is, that we have got n few black shee
amongst us who are just strong enough
n, prevent us doing anything. There are
N few democratic members who are su
4 servient to Kelley. and the protectionist
or and they will, of course, attempt, rs tn,
N have done hitherto, to handicap the dem
lis cratic party in congress and prevent IL fro
s. making a record In favor Of tariff reform.
do not believe they can succeed this tim
n. For my part, am determined, and shl
not be muzzled." II is evident there W
be n strong democratic opposition to NJ
= Kasson, but there is a sentiment on tn
side OF the house In favor of COMPROMISED
upon the tariff commission, provided q
= power to create commission shall be vest
u In congress, or that the commission cons
Of members Of congress.
DALLAS EXCHANGE AND COIN.
Buying. Selling. Buying. sellin
NY, TX, nCSNPar@gI ST. Louis .heAPar@
Chicago, k@APar0Ds N. o. @a Par@
p Galveston Y parGA Houston.k Par@
Exchange, all points Y to Y discount. sterli
n | sight a. ~. Francs, SOS 10 Marks, 26
Trade dollars. .pOcts. Mexican dollars. Sc
Mexican halves. .4octs. Mexican Quarters. IL
}. COMMERCIAL