The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-03
FINANCIAL ITEMS,

The total bullion shipped this year up to
the II Il OF this month is S6,279 Gao.
ltls stated al the treasury in Washington
that there will be no other call made for
bonds during the remainder of the present
fiscal year
A dispatch from San Francisco says that
reports OF immense gold discoveries in
Lower California, twenty miles inland from
Mulega, have reached there.
Adyices from Alaska say the placer mines
are giving good results. There are several
new claims prospecting, and wells have
been discovered. The Treadwell claim
took out so, 600 last month
Transfer books Of the Wabash company
show only $1,000 shares OF the preferred
stock of this country out of preferred cap.
ital of over 1874 go 900; the balance of the
shares is held abroad
The amount OF bullion shipped from New
Mexico to the United States assay office at
New York for the month of April. this
year, equals $50, 100, against 81 500 shipped
by Arizona.
Bullion receipts from the mines at the
various offices in New York Tor the week
ending may 18th were Sl33 900, as against
SlIJU GO the previous Week. The rtceip S
from January LIT, 1883, To date, were So.
lis 7l3 50
Tue attorney general OF Kansas has an.
that cu-oneraIve life hsura!lce compares
cannot do ouSlness III tnat state lawfully
unless I. ey are regularly licensed by the
Insurance. commissioner.
Thirty mining and smelling companies
have oten Incorporated III Colorado, whose
fields OF operation wilt be in that state,
during the past four months. The aggre-
gate capital represented Is about $40, 00O,-
OOO, estimating roughly.
Among the financial suggestions now
made Is that OF funding the legitimate
Mexican debt about 5000 900, in bonds of
forty or fifty years, and make them the
basis OF II national banking system whose
no es should be legal tender for debts and
taxes. 1t is thought that this could be ne
golated in the United States.
The plethora Of money has seldom been
surpassed on Wall street. The banks and
loan agencies were very busy on Monday
endeavoring to make time loans. Money
was off red at A per cent. for six months
The Indicator says that bets have been
made that money would loan before the
end OF this week at q per cent. rate Tor
the balance OF the year.
To Holland the exports Of gold in April
were valued at f650U00, against nil in the
corresponding month in the two previous
years. In the four months the exports to
that country were 97S2, AGA, against 81 400
in 1852 and 500 in 1891.
There are only four nations in the world
to-day that are paying their way. England
generally manages to make ends meet and
show tritling surplus of 9, 900 600 or 3 COO
coo 10 be applied to the reduction OF its
enormous national debt; the United States,
III spite of congressional extravaganza puts
by nearly fifty times AS much; and Holland
aud Belgium both keep about even. With
these exceptions every ration in the civil
lied world shows an annual deficit of more
or less millions.
The rapid and continuous fall in recent
years in the market price oi silver has raised
IN curious way the profit made by the
mint on the silver coins which, as is well
known, remain of the same weight and
hneness under all variations in the intrin.
sic value of the metal. In 1870 the profit
was only per cent, in 1870 1t was 16 per
cent, while at present it is about % per
cent. In one year it was even higher
namely, in 1873, when it was 81 per cent.
In 1881 the total gains of the mint on the
coinage ofsilyer reached the large sum of
IlbE soq