The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-05-02
FINANCE AND COTTON
FINANCIAL.

exchange gives some figures from the
An rsnnri OF the Gould syst m of rail.
shnaa The cross earnings of the st. Louis,
iosa'N Maintain & Southern for lSS2 were
y iV %, M, operating expenses, including
|s',oe-semAnts. belterments, and taxes, So,
llllVssq. cost of improvements, S2f1 81; net
|s0eSh SS67l .S25. Number of miles
e. I'm track. So; increase over 1881,
o. o. n n,;es number Of miles OF side track,
~ ~ Hrcninmeut consists OF Ill locomotives
~, "a rars of all descriptions; capital
sans, S29 SlO,OSj funded debt, S3S,929 9Ol.
~. Missouri Pacific summarizes as fol-
~. Gross earning tor 1882, SS,O9i6lS;
rs.,,tnr expenses, including cost of all i'm
ppoSsrents aud taxes, 81 476 2l0; net earn
Wv s36lS lO3; cost OF improvements,
ssa 30 Equipments consist of l52 loco.
sso,,vss and /, SIS cars of all descriptions.
N,n,her of miles of main track operated,
ON. increase over 1851, 205 miles, number
| y miles of side-track, 1874. Capital stock,
SSl aiS 800; funded debt, 25,319,0O0.
VI ventleman now in Louisville tells some
nnSs about gold-felds i'll Georgia that will
/ Ss news 10 most people i'll this part of the
country The gold belt in Georgia" said
Ia "eIrends from Virginia and North Car
alma 10 Florida and Alabama. It's from 40
N IiOmies wide. You have no idea of what
/ an industry it is, Thousands of people
sre making their living working in the
mines, In one place alone in Lumpkin
ronnly, you can see twenty-six stamp.mills
Zach Of which employs from five to fifty
men Some OF these gold-mines have been
worked Tor years, and in places the cart h is
Gup away sixty feet. Some of it is very
ricb in ore. -Four hundred acres were sold
,ome time ago for 5000, 600 to English
apjtalists. All the mining is done by
wealthy capitalists, aud there are few poor
men in the belt. 1t is busy place. Good
wages are paid, and the men are industri-
ols and sober. People are Hooking there
from the lar west, and even from Australia
aud Mexico"
The total revenue of Mexico in the year
ls15 was but $lS,707 ,037. against total ex-
psnditures OF S9I M7775. In the year 1879
The revenue fell as low as 100000. But
IN 1882, under the inspiration of American
capital and enterprise invested in ranches,
farms, mines and railways, the revenue rose
10 Sg1j0O00O, which was some millions
above the expenditures for ordinary pur-
poses. And rom June 80 1882, TO January
l. lSS}, the receipts, according to the late
message OF President Gonzales to congress,
were So, W0, 600. AS the months ofMay aud
June give heavier receipts than any other
months, the estimates for the fiscal year
ending June Both next are reasonably put
at 100000. These comparatively enor.
nous receipts for Mexico must leave CON
siderable surplus in the treasury over all
expenses, including the subsidies granted
TO several railway corporations Tor work
completed.
According to the Insurance Chronicle,
the tie oSses IN the Upitei Safes during
the year lSS2 were SS5,0OO,0oO. The sum,
nsubtracted from the profits of the year,
would make very perceptible decrease,
aud the wonder is that the reduction of so
large an amount of capital to ashes is not
more seriously felt. There are whole
states that could have been blotted out of
existence with less pecuniary loss than that
caused in one year by fire. The taxable
value OF property, real and personal, in
even SO old a state as Arkansas, is less than
last years loss by fire.
The Federal CENSUS makes the estate
geO' proper" of Kentucky, 81 ,S5S. COS.
Inc state debt does not exceed $ls4,39i,
snd lhe sinking fund has five or six times
that amount with which 10 cancel the debt.
TheCitv and county Indebtedness ioots up
~ ,2A lao, or, less the sinking funds, 3d.
sNV?9 The largest indebtedness is that
Of Jefferson county, S., 1919 900; then Camp
bel county, 81 900, 75l, Kenton, 81 ,03l 600
Tod certificates din not meet with the
prominent treasury otiicer 10 c q" ltd with
saying The government. can never gain
anything by taking care of the gold of
elher people. When the certificates we're
ms issued, they were given out so rapidly
s4VW,0OO before it was discovered that the
issue Of these certificates was practically
lne same as issuing gold" The gold cei-
!lIcates are issued in denominations of
~, 800, 500, $500, 81 600, 5000 and So
w.
The handsomest financial NOLAN that b,s
been proparated in this cnnutrv h as ha m"9
...t.f 'l'NutNu III lulS mas Ottll