The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-07-05
AND COTTON
rIhANoiAL

"MgrALtfo nHD" will b. The color Of he
ncH two.oent postage stamp, sOon 10 be- H.
sued.
Utah shows an increased production OF
81 100000 In silver during the year 1882,
IL Is reported that extensive gold and sll.
YER deposits have been discovered In the
northern end OF landowners island.
Tho richest gold mine In the world, IL II
said. liz In Tran svaal, South Africa. A ton
of ore gives In some cases 900 ounces OF
metal.
In Montana the mining Industry has In
creased In importance during the past year,
the increased yield having been in silver,
which. from $2,630,OOO In 1881. Is $4,34O,Ooo
In 1882.
iron and copper mines OF the upper Michi-
gan peninsula on the product of 1882 foots
up 500, 70027. OF this amount the copper
mines pay $2l 1907 20, and the iron mines,
$40, 4S3 or.
The Indicator says: During the month
of May there was ST. 800 in gold bullion
shipped through the Central City Union
Pacific Express company's office. The ship,
ment for the corresponding month Of 1887
050."
There are in Boston fitty-three bangs
operated under the national banking law,
and their combined capital is $50. 450, 600.
In the last year the dividends declared
amounted to 1904 ,56f.60, but the net
earnings were much more, the amount
being $1,000, 1874, The losses by forty
one Of these banks aggregated 1854 ,S4S.
The American railroads are worth almost
and shipping combined. The British ship
ping is valued at 81. 900, 900, 0O0 British rail
roads at SO ZOO, 900 900; American railroads
at Sc, 300, 900. 900.
Corea's attempts to negotiate loan In
China have been partially successful: The
amount is stated to have been reduced upon
the report of the celebrated Ii Hung Chang
from So, 900 900 to $780, 900. In return Corea
is stated to have mortgaged her mines, Gus
tom dues, and other national resources to
the Celestial empire.
The Boston Transcript says: "The Chi
cago upheaval is over and the wrecks have
been counted on the beach; crop prospects
are all that could be desired, and storms or
disasters after July must. only be local;
the metal markets are hardening, agd pig
iron cannot be purchased at any concession
in price. Money is easy, and the distribu-
ton of produce and manufactures Is upon
a healthtul basis"
The richest quartz mine in the state, says
Tho San Francisco Bulletin is said to have
been recently discovered at Ashland, oppo-
site Folsom, Sacramento county. The
ledge is Situated dDOuJ lullc dpoNC ouo
village, is large and well defined. and the
rock is filled with gold, and the assays are
all up in the thousands of dollars per
ton.
An exchange says: 1.-THE New York and
European syndicate that hoated the first $40, :
900 600 of Canadian Pacific railway stock
successfully has agreed to take the Sic, 900, :
600 more-their limit-at 60 per cent. This
makes $50, 900 900 issued, and when $25, Oo0, :
O0O additional is sold next year it is consid-
cred no more will be required to complete
the railway to Port Moody,ln British Column
bia.
New South Wales has intimated its inten-
ton of becoming borrower of e., 900 900 to
be extended to f3, 600, 900 if the market be
favorable. The present indebtedness Of the
colony is els, 924 O19, f2, 900. 900 of which was
issued last year. This debt has been in
Cured chiefly in constructing railways and
telegraphs, which, together. account for
more than Ell, OOO, 900 Of the total. Twenty
two million pounds sterling is pretty big
debt for young colony.
The Journal Official publishes an account
of the quantity of gold and silver money
coined in France from the year 1875 to De-
cember 81, 1882. The gold and silver coins
amount in the aggregate to IA ,242 1873, 1858
francs 30 confines for the period given.
The gold and silver withdrawn from circu-
lation in the time represents 293, 249, l64
francs % centimes.