The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-07
FINANCE AND COTTON
FINANCIAL.

AveN Of pure sod viii make something over
SIbe anal resumption Of specie payments In
t,,ly i fxcd for Apri. n next
lion output Of Arizona for lSs1 was sS-
,isA ana f,r ISL $4,000, aud that Of lsse
va 4b M Mexican government expenditures for
80 fscsl year are estimated at Se7.0J2u,0 and
~ revenues a. SjNOll,Ou0.
us.sts in Inc New York stock exchange bring
sn0Q and there is a prospect that a new stock
cvebauce will be formed
VAtf Inc Philadelphia mint G. 265, ii0 pieces were
coined during February their total value being
sll0,S6l 49,, &C., a., ,..-.,.-,,,
sachusetts savings banks, ana the average Of
Ot iiSe public dept decreased during February
aeSi6.S The cash In the treasury Is sSO6 266,-
The internal revenue receipts at Peoria dur
Inc February were sl,0SS,093S0. The exports
hi shipment for the month were 1922 gallons
ofspiriS' - =. a. .-. r. ,,.-,-
has sold $4,000 United States bonds for Geor-
III and placed the proceeds, exceeding SlS0,000,
n 6ank 10 reduce the debt OF the state
Dividends pa d in January by mines amounted
os5so 700 as follows; At New York, SSSS,0 at
SAN Francisco $1,000; at Boston, 100000. at
PhladelPhis i oNG st salt Lake $4,000; ut
IeadSille SS,OeO
"A dispatch from salt Lake City says that a
new company has been organized in London 10
work the famous Emma mine, which is now
ssil Ia promise welt. The articles of association
have been filed with the secretary of the terri.
inv The capital is 10000, In fl0 shares.
lihe amount of deposits and cash balances In
the jont-st0c banks OF Ireland in June, lsS!,
was / o. 1857, 0U0 an increase OF more than 200J,-
tOO over the previous year.
No bank In China has failed since the law
was devised providing that on II banks sus-
pending payment the heads VI the president,
cashier and diCecIOTS shall be cut Oft and
added 10 the assets,
mint in Phiiadelphia during February aggre-
gated 265 40 pieces valued at ST. 100, $50. This
was composed of 40 double eagles, 10 eagles, 40
haf-eagles, 10 So gold pieces, 10 quarter-eagles,
1910 gold dolsrS 100000 silver dollars, Clio, 900
dimes, 222L0Ol 5-cent pieces, and 2,530.000
The Financial Chronicle publishes an estimate
of the world production of gold, compiled from
the most reliable sources for tgcnty-siS years,
fron which we take the following Tor the last
1882 1881. 1850.
Australia. 1 100000 { 6,45l0lO { 5,sisOOO
L, states. 6,540d0 7l59000 100000
Russia. 59ISOOO o'Sg9OOO 5,S99OOO
tiles. 100000 100000 2,nl,OOC
Total. .. ( 2l,777OcO t 2l,26iOOO c 2l, 093OOC
Equal to. ". Sos $4,000 slll2s0U00 sl09,965 OOC
"A
meut regarding the British national debt: Its
weight in gold would be 6,2S2 tons; in silver
10 tons its transportation in gold would re-
quire 26 ships of $50 tons each; 25Sl hOrsecarts
each carrying half ton, and forming process
sion Of Is miles length or Isl, 769 soldiers each
carrying 50 pounds; in sovereigns, piled ont
upon another, they would be 10 miles In height
laying them side by side and touching each
other they would form chain OF gold II, ClS
miles in length, or nearly twice the circumfer
ence of the moon; the same amount in 81 notes
sewed together. would carpet a turnpike road Il
feet broad and 0iO miles long. or from Laud'i
End to John O'Groats and halfway bach
again"
The Ieadvile Chronicles representative hai
Just returned from an extensive trip on the Pa
ellie coast, ana reports the inhabitants of thai
section as in Il wild craze over the reported gOl(
discoveries in Alaska He says that capitalist,
are organizing parties TO 20 there They oxpec
TO leave San Francisco about the LIST of May
This Will enable tbem TO 60 up the UkOn river
near which the placers are located. He saw ont
man who had come from there 10 Sitlia over
land and then took boat to the states Thi
party pronounced the the digglngs the most re
markaOe ever seen He claimed that men wer,
making large wages with pans and digginl
down through deep snow to get at the ground
recent number of the san Francisco EveuinI
Post says There will, during the coming sum
mer' be greater immigration To Alaska thar
there was to California in 1919. low estimate
would allow 10000 men from California and Ne
yada one, who will so to these now diggings
by the combinations of California and New Yorl
Capitalists now forming, It has been determined
to send in fve stGmp-mills OF 100 stamps each
II Is evident that the parties interested have
high opinion Ofthe country"
Temperance of the new nickel j.cent coli
convenient and handsome-has suggested tn
question, what Is nickel? In l75l COnstadt an
nounced the discovery OF new metal in kBppe
false copper MCKEE, to which he gave the nam
of GiCkel Ii was In combination with arsenic
and the alloy of nickel and arsenic which h
obtained was white brittle and very hard, an,
had melting point nearly as high as cast-iron
some seventy years after this discovery pur
nickel was obtained by analysis Of German sill
yer. Pure nickel furnishes readily in the ali
and has heretofore been used chiefly for plating
Nickel broeze which consists of equal parts o
copper and nickel, with little tin may be cas-
lllo very delicate FORMS and is susceptible OF
nigh rolish Mines of nickel are worked q
Ihalham, Connecticut; Lancaster, Pennsylvania
Lie Mote, Missouri and at several points in Col
orado aud New Mexico. The recent discover
OF sllicate OF nickel will probably bring nicke
into common use The United States mad
nickel cents In 1856 and in 1864 coined the been
pieces, he nickel is the haudsomest coin Il
circulation. and 1t being the handsomest Is be
cause It's design Is plagiarism, the coin.maker
~ inc mint having become famous for producn
homely-designed coins. II is alleged that TIA
reverse OF the new 6-c5nt piece is that of tn
o-res Portuguese bronze coin of 1865 and the OF
verse That OF the Spanish pesas OF 1861.