The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-04-06
FINANCE AND:COMMERCE
FINANCIAL


FINANCIAL Il
,yrtrtn in the Boston Economist upon ths II
f,inte Of gold shows that the present ahhusi
nrodnct OF gold, US compared with iotneI per-
aads h, enormous Al the period OF we ulscpn, u
or, III America tho annual production was ny 2
si}oooo Aner the occurrence Of that event u
GRADUALLY Increased. and In 1900 segregated slL'
100 zoo In 1853 the production reached Tvs u ny
imrm when II was s2l6,WOOOO, put soon inter, | !
mard gradually decreased, and II now about
half of that sum. The amount OF go,d III eNlst,
cnce nj the commencement OF me ChTlsunl cru
is estimated 10 have been si2IOOOOI0 Az the
Hasiod 1.-The discovery of America the visible
supply had diminished 10 soIOOt0JV hlleI Lna a
event II gradually Increased, hnu III lOoo
Amounted 10 over SlO5OuGO'U IN l1OO lhe sup |
NV reached $751; co. OOi in 1900 II amounted 10
Sl95 10000: IN 1873 II attained 10 s5OO wv,
200 and VI the present time INC amount OF golu
in eXistence Is estimated 10 be 81, og5 100000,
which n melted into one mass, could be con-
tained In the basement OF Bunker Hi momu-
ment which is cube OF thirty ieel. nc
amount of the precious metals in existence Is es-
timated TO be sl3 276, 0OtOOj. From the earliest |
times TO the commencement of the Christian era, |
the amount of gold obtained from the surface |
and mines of the earth is estimated to have been
Al 400 600 O 0. from the date of the latter event
10 the discovery of America $500, goo were
obtained from the date of the latter event to
the close of 1912 an addition OF
50 ZOO 100 was obtained; the extensive work
ing of the Russian mines since 1913 added, TO
the close OF 1852, SOC, 100000 more: the triple
Australian in 1851, and the New Zealand In 1851
has added, to the close of ISL, s5,4Oi, S4,OOo
making grand total of Sli,3Oi, 34,OOO; Inc To-
tai amount of the precious metals Obtained from
the earliest time TO the present day is estimated
to be s25,673,3A,OOO.
THE following is the statement of special oc-
supation taxes received at the comptrollers
office in Austin from September !, 1850, to Au-
gust 81, 1881 1t will be noted That the law
that went into effect March 2i 1851 changed the
10 Of ia dr1lmmers, ana required CLOCK
peddlers and sewing machine canvassers TO pay
taxes 10 county collect rs. From merchants ana
commercial travellers to March q, 1881, s9h4Oe;
clock peddlers to March u, 1881, SlO5.
Sewing machine canyassers, $50; railroad
companies from passenger tarln, s4i, 99; IeNas
panes $50 IS: sta ge companies, S23959 telegraph
comnSnies on messages, go! IS; insurance insurance
COMPANIES slS,466,G5; express companies
Under the new law regulating com;
mercial men, 1,965 licenses have been issued
and the comptroller estimates that annual re-
ceipts from this source will be SlC J,CoO
The amount Of state tax paid in redemption
for lands and town lots sold to the state, from
september !, 1885, to August 81, 1881, Is 80
357.40.
CONGRESSMAN BINGHAM eX-postmaster oil
Philadelphia and member of the postoiiice
committee, is chairman of the Subcommittee de-
rate of letter postage. The subcommittee, after
carefully considering the matter have decided
not to change the present rate, pnt IN IN
carried for what is now paid.
Three cents is now charged for half an ounce III
is proposed & carry an ounce at this same rate
This is all lie change that i'll be recommended.
1t is probable hat the iull committee VIII adopt
this report ana make it TO the house at an early
day. e..,.,,,,
dar year 1880 was SlO700J,CGo aud Of silver, $751;
100000 The consumption OF the word III orna-
mentation, manufactures and arts, Is estimated
fnr fha nnrin1 a OF
S35, 1000 COZ of silver. The estimated circulation
of the principal countries OF the world; is placed
at gold So 221, 0000lG full legaltender silver,
si155 600 COG limited tenders, 1923 100000; total
specie. S. 1870 00o. 000 paper So, 6H OvOCJs making
the total circulation including the amount held
in government treasures, banks, ana Ill acuNe
circulation, So 4i3, 00000D.
United States bonds to secure national bank CIR
culation $500 955, 700 as follows Currency 6s,
1851 COO; per cents, sl74,OC0 12 per cents,
$50 293, $50; 4 per cents, S93 6j0,950 8 IL per
cents $40 305 90 United States bonds held by
national bank repositories March 20, 1882,
amounted to SEQ, as follows Currency
6's $4,000 per cents, slSeO0; ~ per cents,
SSiSOOO; per cents, &c. 20C; IL per cents,
SIS 1915 800. United States bonds deposited to
secure circulation during the week ended March
25, 1882 aggregated sl,Cs7 700
Although the Italian kingdom since Its estab-
lishment in 1861, has constantly struggled
under high taxes, the country has not
been without its measures OF prosperity.
One Encouraging sign Is the increased savings of
the people. In 1860 but 81, O,0U0 were deposl
ted H. Italian savings funds, i'll lS19slg1WO
!. Go.
TIL. hayg -eccnuv been receive atthe treas
Ny tlI N-fgisE Of business quite IN amount
80 s.tf.rfci- Scr dollars TIC deparment is
inforrupa paI there one a iursar2moero OF coun-
~ th. coin IN circulation hspeclally IN
sr'irr- The center Oi L-f ,Hlnierielts seems,
frOm tbc reports received, go be- 'b'rlgo, ana, as
aru.c -lc cllgrar'cs -re reported TO be very
fGr
Mr.. Daoys, ..yI lHU appr0prT. ms commit
tee reported the Indian Appropriation bill, with
sundry amendments These increased the APP
preparations for the support of the Sioux In
dians about Sl50,C00, making the aggregate
amount appropriated for this purpose 81, S73Os
also appropratng $4,000 TO provide for the cree
tlon OF school buildings and school purposes in
Indian Territory and on the Sioux reserva-
ton in Dakota; also approprating $1,000 to
provide for the support and education of one
hundred Indian children in the state schools,
not more than twenty pupils TO be educated in
any one state.
United States bonds were quoted in New York
as follow;
Unit States fs.........1907 ll9 ll9 Ia
Tu.tJl states 4l-2s......lS9l uil2 ll5
United states 1-2s, ex.
g. ........... ..........1SSi lOl l0l IL
United Stat. l-2s, ex.
pistr-. az 'umbia
SIM. ......192I 1862 ......
~.
con lERCIaL.
H...r.. rfm... As was uotiocd In this