The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-04-03
FINANCE AND COTTON
FINANCIAL

Az Investigation has been made by agents
If the treasury department, and the intor-
nation has been collated at the mint bu-
Ian which will show the gold and silver
SEDUCTION of the country for the calendar
i,ssr of 1852 The details are not yet ready
a. nublcation, but in general terms it may
rs stated that there is an Increase i'll the
s;lver production amounting to about
SSOGoO6O, and slight falling Off in gold.
Tbe nrincipal increase in the silver product
ain Colorado and Idaho, while Nevada
and Arizona hold their own. There is some
increase in New Mexico also. For the iirst
time a silver product is reported from North
Caroline, and though not over S25 900
for the wear, will attract attention as nov
DIV. The decrease in the gold production
arises chiefly from the falling off in Da-
tota And 10 some degree in California. The
decline is small, however. The gold mines
of Colorado have made q notable increase
in output, while Idaho has increased some
what In its product, and Montana has held
jtsOwn There has been the greatest pro.
portionate increase in Georgia of any state
or territory in the Union. The output will
foot ND for the year about 81, 900. The
report indicates further that for the ensuing
wear the product will probably be Quadru-
ped. The most noteworthy characteristic
ofthe report is the unprecedented activity
in mining along the Appalachian range in
Georgia and the Carolinas,
SPEAKING of Wall street affairs, Mr..
Gould said that, from all he had seen and
heard of late, Wall street is the only blue
spot in the country. He did not see why it
should be blue. The balance of trade, he
said, is in our favor railroad earnings are
large and constantly increasing, and every
thing points toward prosperity.
"a do not care to make any predictions
he said, but believe that the country is
inamuch better condition now than it was
ayear ago."
Mr., Gould looks for easier money, and
with il he says there ought to be an I'M
proyement in the better class of securities.
Mr.. Gould's family returned with him,
excepting Mr.. George Gould, who, with
others of the party, stopped for some
shooting along the Chesapeake bay. About
the middle of April Mr. Gould, accompa-
MED by the Hon. Russell Sage and few
others who are largely interested in the
Southwestern railroads, will start on an
extended trip over that system. Mr..
GOulds yacht will not be launched before
June 3, and several weeks will be required
OpuI Ill ner machinery ana DO the Joiner
work, so that it is not probable that she
will be ready to go into commission much
before September l.
Iris reported that the influence of the
administration will be exerted next winter
to bring about u compromise on the silver
question. 1t is not thought possible,to stop,
even for time, the silver dollar coinage,
but as the country has evidently absorbed
all the dollars it will take, it is proposed to
issue 81 900 worth of silver certificates
each month, upon the deposit of the equiv
aent in bullion, and thus simplify and save
the cost of coinage, until the demand for
the actual dollars shall exceed the present
supply. About 50 per cent. of the dollars
now circulate; the rest are represented by
certificates, and at this time they are COM
Ing back, and are expected to do so till next