The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-01
FINANCIAL.

CENSUS bulletin No. 90 gives the statis-
ties of the steam craft of the New England
States for the year 1880. The whole mum,
Der of such craft was 5l5, wits capacity OF
100, III .o3 tons. The value of the boats was
estimated ut $s,0il $50. The number of
persons employed officers and men, was
6,S27, and the amount paid for services was
S269l ,492 or an average OF sf5i ~ to each
person employed. The number of passen-
gers carried. including ferry passengers,
was Is ,5S7 $50, and the number of tons Of
freight carried was 2,6S0,S7i. The amount
of gross earnings was S7,9lS,7S6. The
number OF passengers lost during
the year was q, and the mum
Der OF employees lost was =; total, 20. Massa.
chusctts has the largest number of craft
$50; Connecticut came next, with ZIG;
Maine. next, with III; Rhode Island next,
With 40; New Hampshire next, with %, and
Vermont last, with IL. The tonnage fol-
lowed the same order excepting that Yer
mont, with less than half the number of
vessels of New Hampshire, had nearly dou-
BILE the tonnage, the figures being 100. SO
and 2,25o.26 tons respectively. 1t goes
without saying that these vessels were not
engaged to any considerable extent in
the foreign trade. They were almost ex.
clusively engaged in eoastwise and internal
navigation.
TnE State Treasurer of Pennsylvania
makes good exhibit of the finances in his
annual report. The receipts from taxation
OF corporations show an increase of S3i5,0OO,
and without any taxation of real estate
he has paid off 81 ,250, 600 of floating indebt-
edness. lie estimates that for the current
year the receipts will exceed expenditures
by 81 100000.
New York's business transactions for the
year, as shown through the clearinghouse
returns, will probably reach the enormous
and unprecedented total of $i9, 400, 900, 600.
This Is an increase of Is is per cent. over
the transactions otlsS0, which were at that
time unprecedented. The business Of Lon
don in 1874, and that was the busiest year
for London, was only $32 900, The
aggregate business transactions of all the
other cities OF the country for the year will
be about Sl4, 7S0,0O0,oO0.
Taking tho most authoritative and ac
ceptcd data, we find that the United States
stands at the head of nations in earning
power reaching $S25,0O00OO annually,
and this earning power proceeds at II greater
ratio than either the United Kingdom,
France or Germany We add $2,000000 TO
our wealth each day In actual capital ac-
1uired, the United States is set down at 80
600 million dollars, or next to France, that
OF the United Kingdom being set down at
f1,WU nllllOn uOllarS, Inc progress IN tnc
accumulation of wealth in Europe has been
moderate D. compared with our country.
The banl in Montreal and Toronto have
been callui upon for information by the
Dominion ,overnmcnt concerning their
loans and discounts on foreign securities
and the othcc current loans OF the
banks, aud of the guarantees he'd rs securi
ties for overdue notes, the object being to
ascertain to what extent the banks have
been loanng money on bank stocks contra
ry to law. The demand has caused fall of
Ito 7per cent. in bank shares.
Baltimore's exports TO foreign countries
since Jan. have fallen to $54, ia, ls4,
against $73, l1 ,S4l for tho like period last
year.
Mr.. Gould said the other day that hs had
been trying to have a bull market, but his
efforts had been thwartcd by operators who
wanted to milk the market or 2 por' cent.
each way. He thought they would now get
all tho bear market they wanted
The recent decline in Western Union Is
attributed in part 10 the fact that the OPP
position of the Mutual Union commenced
active operations last week.