The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-07-19
FINANCIAL AND COTTON
FINANCIAL.

CALIFORNIA, from the discovery of gold In
as IN The present time, has yielded, so far as Is
etnsIy known, the sum OF 81, 2uO OoO VVO in gold.
Nnring the period from 1881 TO 1876 the single
fnslisn colony of Victoria produced s9e9 az, tS0
IN Gold The production of California and Vic
ma was not II combination of an cd growth,
XII a fresh development altogether of the
rorid's supply. During the period from 1855 TO
Isl russia produced s12i,t00 600 Of the precious
METALS, but she has always been gold produc-
m country, and this was from the whole en-
Ire and was the development and older growth.
isolh Is being continually discovered in various
S,arts of the empire, and the extension of the
ksilyay system 10 Siberia renders the deposits
Inore and more accessible to Europe. Statistics
khow that there has been Il falling oil in the
reduction OF the old mines, but the discoveries
N wonderfully rich deposits of gold, followed
[,non the annexation of the AMOR region in
30 saved her reputation as growing gold
hroducing power For political reasons the
russian government discourages any rush to east
liberia, or the dissemination of any kuowl'
klge about the auriferons wealth of that region.
I N English exchange says Russia fears rush
4 Yankee miners to the Amoor and latusk re-
lions, accompanied by Il Chinese migration, be-
huse she believas 1t would be attended by the
Inevitable hosting OF the stars and stripes over
he Pacific slope, So much does Russia regard
lth apprehension the influx Of aliens into east
liberia that the Cossack frontier guards have
Eringent orders to drive back and even kill
IllneSa elllSTuulS CTOsolllS tut DOTuGT lllVO
royinces OF the Amoor and Iatusk.
THE proposed ho0p.iron amendment TO the
eyenue bill. besides increasing the duties on
bton ties nearly S6per cent, affects very many
her articles. 1t increases the duty on iron
pops for casks from b per cent ad valorem to
X cents per pound. This is equivalent 10 an
crease from about Sl4 per ton to more than S33
er ton, or nearly 1856 per cent The increase in
be duty on iron hoops punched and riveted TO
adjusted is about the same.
sR RG's&ss and in ro ,hS duty yooo on
about double. The duties on some scores of
ftoles, including many implements and uten-
Is, are increased in like manner. This is
betty fair Offset to the moderate reduction pro-
psed in the duty on steel rails. Senator George
hs given notice of an amendment wholly abol-
hing the duty on cotton ties. Southern sena.
|rs will vote for this, as matter OF course, and
puisiana senators will support 1t with special
gor as a measure of retaliation for tue pro-
bsed reduction of duties on sugar.
THE Graphic gives this advice to its readers:
Those who are buying stocks will do well to
er III mind that the chances for p.oiit are best
those roads which are likely TO receive the
eater volume of traffic And as the wheat
op is nearly assured, the roads running
rough the wheat districts afford the best OPP
)Itunities. Northern Pacific, Manitoba, st.
Jul, Omaha, Northwest the Texas and Kansas
ads are all preparing fol a heavy business this
and If the Northern Pacific company sue
eds in holding its lands the stock is very
cap at going prices The Omaha roads have
own great steadiness for whole year. while
country has grown rapidly all about it. The
Pnitoba earnings have increased heavily, and
10 insiders are talking of stock dividend.
Prthwest ana ~ Paul are valuable properties,
d of the former the Vanderbilts are
fe buyers MD large holders. Rock Island,
ton, Illinois central, and Chicago, Burlington
Quincy, notably the latter, derive great
ruon OF their business from corn traffic. and
condition OF that crop should not be over
pked. Michigan Central, besides moving
Rin eastward from Chicago, taps Michigan
Proughly, and that state will harvest $4,000
bushels of winter wheat this year, OF Lake
ore the Vanderbits are believed to hold still
er goo shares, and they are maniiesting no
position to sell at present. Lake Shore start
the upward movement and may be expected
continue it NOT that the rest OF the list has
ZEN INTO line. Denver X Louisville tho pru-
lt buyer should avoid, although If the nd.
pee continues nothing Is to be made by sell
short The coal stocks are selling at high
ires' Or course, the end of it all will be u
lapse, which will be the more severe the
her prices are advanced, the situation is one
cause sudden and sharp reactions, and under
circumstances the low-pIiced fancles that
ye been hungering for buyers for the past
&c Nears-the stocks that the giver of points"
50 free with his advice about-are to be
bided.
HRlZoSA covers an area of 720l0 900 acres Of
ioer.lenths of which is mineral bearing.
larger 1h%oNew York, Pennsylvania, New
sey, anu DeleWatc Yer~hiucd Since 1Sig
ire has been extracted from savv. T,ai.s auI
tories the sum OF g., 100 100 900, foH 1tsniii
ilornia is credited sl,liS, 507, 73l; Nevada,
lbs 9i3; Idaho, s1.5i3, sol Oregon aud
sSSugton territory, sIS,Ghl0l; Utah, s55, slS,
anu hJ10na, Sl1g3Oll5.
ne earnings OF the st Louis " San Francisco
me week ending July 9TH were s5i 500, in.
Se, sz,.oo. january LIST to July 18th, 81 ,5G7,.
Increase, t5S, 700.
ne total OF the appropriations proposed by
gtess Tor the current fiscal year Is s26l, iGg 600
INST VII 472O0O last year.
of 8, g250O.
maha's real and personal property, including
railroads, IL assessed at s5,356, $50 b.
evenly gold mines are being worked In
brgia,
DALLAS EXCHANGE AND coIH,
Buying. Selling. Buying. Selling
3. Ex. A@xParGS 81. Louis lS6x ParOnG
ago. .h@APar@A N. o...h@&Par6ph
weston y Par@A Houston. X Para I
Sehange, all points u to%disCount. sterlinl
hl 81 % Francs, 6@s5 10 Marks, Is.
race dollars. scots. Mexican dollars, 81