The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-22

FINANCIAL ITEMS
The ilrSt American copper cent was coined In
New Haven in 1851
Since the beginning of the year, So 2SS i0I has
been placed on mortgage on real estate security
at San Francisco
In 1871 the revenue OF the suez canal amounted
than $40 100000
The first national bank in the United States
l7sl "
1t twas reported that the Wabash transfer books
SHOW That sl2OOO.OOO of the preferred stock is
owned abroad
The shrinkage in the New York stock exchange
values during the past twelve months is estims-
ted as high as $500, COO 600
The Pacific bank will open on Monday by or
der from the comptroller of currency.
Returns of French exports and imports for
January and February show.an increase Of co.
100000 and 9S,,Q0,'00 francs respectively, as
compared with the same months In 1881.
Vanderbilt IS said TO have bought Union Pa.
cihc yesterday, although that stock is not one of
those marked for support. There was some
Philadelphia account
The Chemical bank of New York is probabl v
the most successful financial institution in the
country, If not in the world. The capital is only
Si0VUJO, but Its deposits aggregate Sli 600 0e9 on
which discount business OF Sl3 500 900 Is trans
acted. Its shareholders are paid dividend of
- per cent quarterly. The stock is held ut
s2Oot probably the highest quotation for bank
Much comfort Is estracted from the fact that
alih, ugh there was deficit In last years crop of
iully " per cent. most of the railroads Of the
country show considerable gain OF earnings
gross and net Add to this the decline I'm I'm
ports and the probable increase In exports, and
our situation is not SO bad, Notwithstanding
the great decrease in the value of balloon shares,
amounting on the average to 40 per cent
The merchandise imports ut New York during
the past week, although showing q considerable
falling oil compared with the previous weeks
were moderate In volume, the total being S. 22S,
az of which IS, 907, 255 was general merchandise
and the remainder dry goods. Tho decrease is
about equal in dry goods and general merchan.
disc. Since January the total imports ut that
port amount to S95695.277, compared with S79,
y16 400 for the corresponding period OF last year.
Exports from New York continue small in
volume, the shipments of domestic produce
during the past week amounting to &c, $50 100,
against S. 80 500 for the same week last year
The exports of petroleum and brcadstuifs were
moderate, and those of provisions light. OF
cotton there Is also very little being shipped
since January the aggregate Is s6iit9 66s,
compared with so, 1881 for the corresponding
=. To meet currency panic the banks have
SI,'0iUO0 of gold and legal tenders to protect
their deposits of 81 ll5,OOOOD Sxty-eight mil
lion i've hundred thousand dollars of their re-
serve are greenbacks. With this vast amount
ofpaper obligations, compared with coin ON
hand, are we not trying to balance the church
on its ,spirc rather than ON Its base?
During 1881, NJ tho Philadelphia mint alone,
5Hl46S5 new coins were made, viz: 900 dou.
bic eagles $50; SS77, 100 eagles $40; SOS $40
half eagles, $50 81 pieces; $50 quarter
eagles 1860 gold dollars; 2'l6S 9Jj
silver dollars; 1925 half dollars. II.
gl5 quarters; i,9i5 dimes 1855 five cent pieccs.
l0Sl,615 three cent pieces; S92ll, SIS cents, and
@O trade dollars. Total value, s76076 1851.
10 count these pieces, twenty. four person.
would have TO work nearly nine hours every
week day In the year, and count one piece every
second
The continued excess of merchandise imports
over the exports, IN advancing the rates of eN.
changc, Is beginning TO tell on the specie move.
ment so that instead of the heavy treasure
Imports so conspicuous In the trade returns for
some time back, the past month disoloses an
export of sspi7. S6l-the largest for any single
month since May, 1877 Another noteworthy
feature OF the months returns is the fact that the
duties paid on foreign merchandise imported
wero within 70 per cent OF the total value OF
domestic merchandise exported. Taking even
the past eight months OF the fiscal year the com,
harison In this particular is scarcely less striking,
Tue duties ON foreign merchandise amounting 10
slV2Ood,OOo aud the total value OF domestic pro.
duce exported being 1922, al. $50
DALLAS ExCnANG. AND COIN.
NY, TX. seoNpM@e St Louis .SssPar@l
Chicago. k@APareSS N. .hDa Par60A
ealyeslon y :. Par@A Houston.S Par0A
Exchange, all points Y to \ discount Sterling
mght .! n. Francs, Dos III Marks, IS
Trade dollars. Scots. Mexican dollars. .sCcts
Mexican halves. .tocts. Mexican quarters lhcts