The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-03-23
FINANCIAL ITEMS.

THE hrst American copper ceht was 'oiii'u -
N Since the beginnias6f the year. 81, 2SS 4Oi ha
been placed on mortgage on real estate securit!
at San Francisco ,-.
10 about 81, 7D5 0C0; in 1881 it had grown to NOR
than Sl0096,000.
The fffst national bank in the United State
was Incorporated by congress, December 81
Ivwas reported that the Wabash transfer book
SHOW that sl2, 0Oc,OoO of the preferred STOCK Il
owned abroad.
values during the past twelve months is eslma
ted as high as $500 COG, 900.
The Pacific bank will open On Monday by or
der from the comptroller of currency. =
Returns of French exports and imports fol
January and February show an increase of &c.
OOO 900 and $780, 90 francs respectively, as
compared with the same months in 1881.
Vanderbilt is said to have bought Union Pa
ciic yesterday, although that stock is not one OF
those marked for support: There was some
buying of Union Pacific for Boston and some fol
Philadelphia account.
The Chemical bank of New York is probably
the most successful financial institution in the
country, If not in the world The capital isonly
S300 900, but It's deposits aggregate SllOO OeJ on
which discount business of sl3, 100000 IS trans
acted. Its shareholders are paid DIVIDEND OF
25 per cent quarterly. The stock IS held at
s2Oio probably the highest quotation for bank
Shares In the world.
although there was a deficit in last year crop OF
fully 20 per cent, most of the railroads of the
country show q considerable gain OF earnings,
gross and net. Add to this the decline IN I'm,
Sorts and the probable increase In exports, and
nur 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 at New YORK during
the past week, although showing a considerable
falling off compared with the previous weeks,
~ Moderate in volume, the total being S, 223,
Ihich s5,9O7 255 was general merchandise g
rfVeNCf % f# MI H
pal l. dry goods 1lh ,ral merchan.
lhce JaAu0ry 3 ne lDirl IMPORTS ut that
ount e5 6jft.i "Yulptfed with 49,
u the core poEdlg,s lc7sd OF last year ar
volume, the shipments o, lumestic produce TO io6
during the p week alhognhl. 70 10, lso d iVV'
The exports c petroleum and hr idstufIs were
moderate an those o. g.cyisLJls light oi
cotton there is also very little being shipped.
Since January the aggregate is s64, lt96o5,
compared with 49, us WI ior lhe corresponding
period of 1881.
To meet a currency panic the banks have
STA, o. 900 of gold and legal tenders TO protect
their deposits of 81, lis, 0000J) SiXty-eight mil
lion five hundred thousand dollars of their re-
serve are greenbacks. With this vast amount
of paper obligations, compared with coin on
hand are we not trying to balance ho the church
During 1881, at the Philadelphia mint alone
59l74 63j new coins were made, viz: 2,2UO dou.
BILE eagles Cs2O); 1871 l6o eagles $50; 5,7Os SO
eagles 1880 gold dollars; 2,l63.E5
silver dollars; 1875 half dollars; II,
975 quarters ~ 975 dimes: ~ S7j five cent pieces
l,Osi SIS three cent pieces; Sg,2ll,575 cents and
900 trade dollars" Total value, s76,916, 1888,
To count these pieces, twenty -four persons
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 Ihe exports, ia advancing the rates oi eA
change is beginning TO tell on the specie move
ment so that instead of the heavy treasure
imports so conspicuous in the trade returns fol-
some time back, the past month discloses al
export of Ss2I7, S6l-the largest for any single
month since May, 1877. Another noteworthy
feature of the months returns II the fact that tho
duties paid on foreign merchandise imported
were within a5 per cent of the total value o.
domestic merchandise exported. Taking ever
the past eight months OF the fiscal year. the com
parison I'm this particular is scarcely less striking
The duties ON foreign merchandise amounting 70
BOP CSC OOo and the total value OF domestic pro
duce exported being 1922 81. Csc.
DALLAS EXCHANGE AND COIN.
Buying. Selling, Buying. Selling
NY. Ex. kdxPar@k St Louis H6kPara4
Chicago. k@kParak N. 0.....k@k Pardh
Galveston \ ParaZ Houston..h ParnA
Exchange, all points y 70 y discount. Sterling
sight a. S. Francs. SOS 10 Marks, Is.
Trade dollars e. .s0cts. Mexican dollars. scots
Mexican halves. .<OctA- Mexican quarters lbcts