The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-03-02
FINANCE AND COMMERCE.
FINANCIAL.


show gratifying increase in our exports to
Australia. The exports for the year to July
|, 1881, amounted to $685. the largest
items being: Fish, 1885 ,l66 (S207 ,Sil more
than the previousyear); wool manufactures,
Sll2,2lS, tan increase OF S37 $500; machinery,
Sii,S9S IAN increase of $50i2), and seeds,
S23,21l (only 81, 1872 the previous year. J
This year we exported agricultural impe-
ments to Australia to the value of S43S5
none during the previous year.. For the
first six months of the present fiscal year,
ending January /, 1882, the exports to
Australia were of the value of
$623,6,S, which, at the same rate
for the whole year, ending July |
1882, would amount to 81, 9i7 $3.50, which is
an increase of 1927 ,223 over any of the pre-
yious years named, or over % per cent
The principal items during the last six
months are Fish, $llS,5l0 wood manu-
features, S7i,656; sugar, $50, 266 none dur
ing the previous years. fruit, SOL 1886 (only
$50, I9l in all of the previous years. hops,
$50, N7 ($l2, l05 more than in all of the pre-
yious years.; machinery, $50, $50, and
quicksilver, S32,S35 (Sl2,S99 the previous
year,
Our book trade with Australia is deci-
dedly on the increase. During the last six
months the value of books exported was
$l2,2O, or at the rate of $2i $50 for the year,
while the previous year it was but &c.
OSO; IN the year 1878, $l4,772, and the pre-
vious year but 1928. During the last half
year we have exported to Australia cigars
and tobacco to the value of $l3,-
POS, which for the year, at the same rate,
Will be SIG ,4l6, against SIS, 1856, the largest
amount in either of the previous years.
During the last two years ending July /,
1881, we have exported to Australia Amer.
lean watches to the value of $3S,Sli, and
paint to the value of $3S, Sii; iron manu-
features, S35,6l2; leather manufactures.
$500. The exports of fruit, mostly dried
and preserved, for the same two years.
amounted to $65, $50.
In New York banking circles, during the
past week, there has been much discussion
regarding the bill introduced in the house
by Representative Grape, for the extension
of the charters of national banks. Among
bank officers there is decided sentiment
IN favor of the renewal of bank charters
Within two years the charters of about
four hundred national banks will expire
1t is believed that their withdrawal
would prove embarrassing to the business
ana industry OF the country, and therefore
should not be contem plated. On the other
hand, it is said that the renewal of their
charters under different names would be
expensive. Either of these processes, il is
sald, would cause the withdrawal of the ma
tlonal bank circulation, and it is estimated
that within the next two years this with
drawal, il made, would amount to so, 600
900, or one-tcnth of the entire paper chr.
rency of the country.
TIE Commercial Bulletin saws: at leaked
out during the day that for the first time
Tor many months Vanderbilt has been a
heaVy buyer of his own stocks. From
money-lenders and Others it was ascertain
ed that at least two of the heavy specula-
tors who had worked the decline from Mon
day until Yesterday afternoon were ar.
ranging Tor longtime loans to large
amount, showing what they are preparing
Tor. Foreign bankers bought many stocks
for the foreign market. The temrer of
speculation at the stock exchange among
small professional traders continues very
bearish, as usually happens when prices
are lowest, so there is large short inter
est in the market"
FINANCIAL ITEMS.
The money locked up in cotton held in
the American market is now over $50 600
600, against about S62,0OO000 at this time
last year.
The state of Pennsylvania claims from
the Standard Oil company no less than 49,
li5,OO for taxes, interest and penalty
"A million dollars each day are now being
handled at the First National bank OF st.
Paul
Omaha saloon licenses at 81 600 each have
so far produced $4,000.
Caleb Cope, president of the PHILADELPHIA
Saving fund, is the sole survivor of the
nineteen directors of the famous United
States bank, erected in 1899.
When Kansas school lands are all sold
the state will have an endowment fund of
$l0,0C0,000.
An effort is being made in South Carolina
10 secure the repeal of the usury law,
-Four thousand dollars First National
bank of Fargo stock was sold the other day
for $4,000 spot cash.
Insurance companies received $23l 1927 for
tre risks in Tennessee last year and in
Cured losses amounting TO $23S,0o0.
during the past three years the mines of
Dakota have yielded nearly SS,0000O0.
lhere are twenty-five ports of entry in
the United States where not dollar OF din.
ties has been collected for year. There
are thirty-two districts in which the OK.
penses exceeded the receipts last year.
The Mesilla News claims that southern
New Mexico has added $4,000 900 to its
wealth in two years,
According TO the annual report of the
Massachusetts Savings bank commissioners
there are eighteen cooperative banks in
operation in the state. During the wear
three have been added.
The Bank of England has reduced the
rate of discount to per cent, and the
banks of France and Belgium to ~ per
cent,
The foreign exports from Philadelphia
during January were valued at $3,Ooi ,S75,
an increase OF $50, 1SI over the total for the
previous January. OF these exports one.
third were carried out In American vessels
and over two-thirds went to the United
Kingdom.
The subcommittee in charge of the army
appropriation bill, after taking testimony
Tor two weeks, has decided TO recommend
the setting aside OF $27 ,G06,6Ds.
In New York state personal property is
supposed to be taxed. Mr. W. fl. Wander.
bilt is known to own Sl0O, OpO, 600 worth OF
personal property, and not more than hall
OF this is IN United States bonds and un.
taxable. Yet Mr.. Vanderbilt escapes taxa.
tion on all but Sl,00,0O0 OF his personal
property.
DALLAS ExcuASe. AND COIN.
=, a. Buying. Selling. Buying, Selling
n Y, Ex, k@sparesE / ST. Louis, ycsxfarcsI I,
chicago, h@AparSpN IN. o.. SStS Pare, 4,
Galveston y par@k lIcus,on,.S Par@ Z
,,s 5Ssen y, points 70 discount. Sterling
Trade dollars, ..vVc,s. Mexican dollars, scot,
Mexican halves. .tocts Mexican quarters. isct,
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