The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-09

tcslil In "A cruu ul GuDOuD bales OF cot
ton. the tariff duty ui 70 per t'll I'I5'S iHI
cost of tics ~ cents per bale, A' rs ,9hO'u,u
Inv tLc Pruusvly.uja iron market then the
cS va rosf ol battling one years crop Is
s-1ouUO and therefore, the extra cost OF the
miller -O pcr cent. duty, which Is now
sarrbt to be- imposed 10y the Mckinley bill
ncnding I'M congress, will be Sl,lOOuvO on
nm annual cropol SIX million bales oI cot
ION I'm casc Of steel rails and tariff, the
professor showed that II cost about 5 extra
for each rail of heavier pattern, or S3,O0l
Per mile extra for single track ROAD lana
with steel rails.
Farmers and planters pay this extra cost
when they transport their produce ana
cotton from the praircs Of the west ana the
fields Of the south to the place Of export
Every one helps TO pay 1t VINO sends a
pound Of freight or travels mile on steel
rails.
CONCERNING the effect Of the European
financial furry on American markets, the
New York Banker and Broker of January
3lst, says several times in the past SIX
months we have asked careful considcra-
ton of the very unsettled and dangerous
condition of finances in Europe, as likely to
have an early and important effect on
our market, As a safeguard, we urged the
most careful study of their securities by all
holders. 1t depends on public Intelligence
and confidence whether Europe's panic
shall be our opportunity or danger. IL can
not be denied that the failures daily re-
ported from different European money cen
tiers by financial firms and stock opera
tors indicate general and large losses
that may, at any moment, cause n
general rush to unload securities. Amerl-
can securities held there will not be the
first 10 come on the maket, because they
are held with more confidence than others,
but they may, for that very reason, come
-, Inn, n I1snnEltlnn
of our people will be to buy as cheaPly as
possible but this disposition carried too
far will break our own market, and cause
panic here. Even in this event, there Will
be cool heads and strong nerves that Will
buy and secure the great profits certain to
follow calmer times. The Banker and
Broker would have this class enlarged, and,
therefore, repeats its warning and urgent
appeal to holders to study their securities.
be first to let go the iancies and last to sell
the good securities. a panic takes
enormous amounts of money out
of activity and boards it, but
the no rider soon finds that stockings, pots
and chests pay no interest and after the
fright begins to seek profitable place Tor
his money. He is very careful at first and
the dividend stocks are the first to get his
money. In a word the investor may now
buy or hold on the certain basis that come
what may a six per cent. security is worth
par to hold. Now is a time when investors
will find the securities Of the southeastern
systems specially interesting
s@PARIs continues to be the centre of tnan-
cial interest, and the present anxiety Is
chiefly respecting the settlements which
are in progress there of the speculative
accounts of the last month in rents, and of
the last half of the month in all other /
securities which are the subject of sperula /
ton through the official board of brokers'
-. ,;a tfpF,
Nv the ~ ~ %oard " hrIcors
IeSl ~ - e. p,nosad Of o,,i,, CIV
-, ,,,r1 jf,,'h col or mambersLin Is |
M. i-,, rti, "a nEH rrn,cs
nSs L,'r ~ Ins 10 dnnosii
I or S1FH'.- i','oN ~ nus " I0pG; III
with - % oUuaI zoo 6H6
the h .t1 l,,tin "", or n !
franc NV. rotnctinn of tba ems.
EuaraH =. - r M l' nI,ort 10 cLonon. !
toner Of the proc e.. sr agent de change;
and b. law no W.. ~. ,ne ,St siA'y '"H W.
buslntss i"' hl- q. SWlI1ii ,;..1,
Accoro.hE ~ ir1o,in,,t, ~, ,IiS
interes Hll ~. ,Siiae aro ~ tii to
coun1iE u"i-tt '-:or'ants nre sumD
$l6,l25 ,V'' -7' selhei'o arc 9uiii-
married as iolloWsA nat. r,,+o.ost
,,, s,a2 GSf $40 ~ "a ztS |
hhiIonI ,I i,.iJc1Ss 9is $50 S5i i6S 9gS
State bond. 3Gl2OOjO l2l9T, |
Municipal securiues.A 5L9jO 50 7ll,35l |
Miscellaneous .........\ l8,S61Sll S6IGlG |
f. c7- o-, s,c ,o- 100 |
Grand totals 49, \-no-''ooi Sl"l-,' i'o
For the purpose OF iaNllitatlng the with
drawal of mutilated CON- from clrculatlon
the superintendent OF the coinage minis
have been authorize ~ the, secretary OF
- treasury to pure csc mutilated United
es silver COR H. 'ndard 1nenesS In
Of 50 ana "'"... "ItHouI melting
gay, pawn "a. n. "n OF 81 per OF
V,snrA m ...r s..T..a ....|
paptain q.8d- uUl. .. of the
Itost of the mp ahW'y u.s. ... ~. VS. 800 IN In
proyement .he N.'.1 1.. 9 ,i;,,,'
improving the ~ J, w, siiip i"t1'
way, SOO,VVo,VVV te e io Improvements
S5,OOOUOO total, S'Z,VVVVo' -
The commissioner oil internal revenue ,9r.I re-
ports the quantity OF Splri's 10 me y, alstlleIy
warehouses; January Il az ,o,oVo,JIt taAaOIe
gallons, when Is ABOUT 1o'VVo,OoV III eAcess
OF last year
California Is creHIleH Win pTouiu.cilB 30,
WO,OOO IN gold IN lSaI' vi lhiS aiilo Jul,
Nevada county desires 10 Pe CreuIleu Win
with S5,OOV,Vo' anu proiDaIply IlloIe, ,,a
,,1i my IN az 1l an francs. of Great
Retain e77I 200 900. of the United States,
ci -C5 Ipi 900 Tho nublic debit of France
!; III, COZ o0o 90 yrea,er than the debt Of
u ohly L.oivVV'Vov ttea',l .tialt Wy - ~
uTeal Drilain anu lne ld.el - my 'i.''ii
twice as large as the ueDt oil the Ihlteu
States.
The New York Commercial Bulletin ,