The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-08-12
FNANCE ADDICTION
FINANCIAL.

srst seven months Of the current
EgIiSc NY I ssys the Chicago Times, the ex-
stM yyg,r,m New York amounted TO N257,-
xsef golu ,,r,rt to IS O9S $50. The net import.
IBd me wv Sin 532, During the same time
NiOfe, wa 'nort was f3l, S5l SIS, and the i'm.
year No : Ia. net export, ~ 23S,u66, The
Il was W W., the seven months last year eH-
lp y VDroduct of our mines for the same
1ea ky, HE country sustained an actual loss
BE- %'TTSis wear however, there mas been a
soginesrly 5000 900 by impoiItaSu VOL o at New
y lane p aud of probably ,zV,Ovu,uOO mo G
q sony, ss During the first seven months
ihe inL M Vas net gain OF SIS 3l3 239 by inn
III l De,' Nv York. besides the product from
iapolA' Tsting the three period OF seven
nlh% .sthpr there was net gain OF
1i1s W5rininn by importation at New
N q ~, tntnl gain, inc uiing the product
q Alu Wv may be estimated ut about
. wy .oo "l nf which probably $50 OOOOlO has
MlWA .Sie for circulation or reserves of the
ID ,nd hanks. During the same three
y51, s. was a net export OF silver TO the
del; , of about el5, 10000 which was at the
wy N about IS, 70l,t OO IL year A., -, l.,
..us The last seven mourn We Vi VIZ Aoau lul'
M a. NV 20 rom Great Britain, S733 1858
by, ~ West Indies, and SS4S, Ill from all
r. my ,,,es OF the EXPORT l3S6O3 went IN
dwu"'srica and the remainder TO other
qh any nj % I62 Sl6 in silver imported, VI,
nnfs ~ nor cent came from Mexico. OF
W. y. % IN silver exported, Great Britain took
sLs.S ~ ~, as ner cent Thatts not because
so U has much use for silver, but be-
" IPnnson distributes silver to the world.
a., asbt Of New York is s97 72A i65 40.
~" postmaster General HaHen mas ap
AVA" Iss design for the new tour'Cenl postage
uss Tb stamp wi contain bust pictu'C
"A lrdrew johnson. ,ho vo,io,,
Shan receipts from the mines AZ the VaIl9 ltl
ay ~ New York city for the month ended
q ~, ~ smonpted to $lgl000, against s22S.5vI
\ r,evions we k. The receipts from Jan.
" " . uuV NJ standard silver dollars to b,
lA NV In,ing the month OF August at the vari
sIoisis Is 40 600, divided as follows Phila
M. n 0l1Oo. san Francisco, 100000 New
" ns gOo OtO: larson, 100000.
Tbe ,6t4l receipts from customs AZ New or
.sns tbe month of July last We're $1,000, 2gO'
,sst g1Q $50 G37 collected from the same sOurc
En- the same month of last year. TN
oTs an increase of S95S,653 in the hrst mohu
Menew tarlil law. , ....t. e.,,,, 9 a,
,scisco In Tuly were quite light The wv
,,~a,s In Hong Kong took 1856, ~, tnoludin
IN Ia dne silver, Al56 500 In Mexican dollar
Iysluel tSiOl6 in god coin and 'SS9S
XAdgSt The other foreign shipments en-
|ae slGCO in gold coin to Central Amerlci
gOln Chill dollars to sydney, and slOOOO
sgi,h soyeregus and bl,d75 in small money
number Of nstional banks organized III
NE law IS now over 5000, though the aotui
Snber Is somewhat smaller, owing to spOrad
Iures and other reasons. But The tsct I'M
citizens Of the country have organized Owe
10 national banks, and that hardly any
sm have ever caused real losses to the shar'
sler, depOstOrs, nOteholdeis, Or the trednl
immunity should go for something In the r
rsttdue 10 these institutions which, indispens
fS they are, produce mora than they col
.ne aud rank with the most useful busine
lAbAshments In the country. The banks nee
larger circulation than they have, and muC
fnfe Is the country in need Of bank notes whit
n protected, not by credit, not by reserve
a 70 per cent but by quick assets. the nom
! and market value of which exceeds that
q b bank notes themselves. Wherever a II
0lh bank has been established, the busine
Onnunity has been unwilling TO part Win
replace II by state or private estsblls
tHs