The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-07-19
rur DALLAS WEEKLY HERALD. THURSDAY july 10 1883
ADDICTION.
rlnAnoiAL.


Tug Ilnanolal Chronicle says tho New
YORK money market has been aupcfabund'
antly supplied during the past week WIN
funds Tor call loans a. 2 per cent on htvck
There has, however been less
money offered for time loans, and the rates
lot this class are nomlnhlly higher nj u per
cent per nnDum. There has been com.
pnratiyely llItle demand for loans OF this
description, nj least 10 carry stocks, and
IL supposed that borrowers OF TINS kind
we're accommodated q month ago wben
money could chad alto. Inc gonerei ex,
peCtation appears TO be that, In view OF
large crops to move and the requirements
for currency ut the west Tor that purpose,
the money market will soon bs
more active and possibly stringent In the
fall. The winter wheat crop 10 now about
ready TO move, and the receipts OF wheat at
the principal western points are increasing.
Old wheat 10 being pushed into Market oy
the new crop just behind II. For the pres.
eut, however there appears 70 De plenty OF
money at the west, and the domestic ex-
changes are still almost every where In ID
yor OF New York. 1t must be remembered.
though, that the crops to be marketed this
wear will be more largely than before from
very distant parts of the country, and that
the currency going there will require
longer time to return to any OF the western
financial centres.
THOUGH the statement has not been made
officially, there seems to be no doubt that
after October LIST, on which date the regular
Scent postage will be reduced to cents,
there will be also an issue OF 4-cent stamps.
Several designs for it, it is said, have al
ready been received by the department,
none of which, however, were satisfactory.
Mr.. AdaEs, Of the postage department o,
the Boston office, has not been not,ned
that there will be q 4 cent stamp, but ne Is
satisfied that there will be an issue of that
denomination to meet the requirement OF
double postage, fulfilling the functions that
the 6.cent stamp performs now. There VIII
very likely be new 2-cent stamp, and 1t is
said that its color will be green or lawn. A
4-cent stamp would be used to pay double
pos,ag on letters. The inference to be
drawn, says the Boston offic' ais, is that the
4-cent stamp will nod sale equal
to that of the 6-cent stamp. During
the last quarter the number OF Scent
stamps sold at the Boston office was 350,.
900. and the number of6-cent stamp lDO,OOo
The scent stamp is used mostly on English
and foreign letters; and 10000 were sold
during the same period. OF 10 cent stamps
80 600 were sold, and Is cent stamps IL 0OO,
OF 2O-cent, 900, and of 5O-cent only NO
The mum Der of 1-cent hostages dispensed
was 3 400 600 for the quarter. an0 the num-
Der OF 2.cent stamps 2,35O.Oo The belief
here is that after October 1st, the Scent
stamps will be called in, and, as Scent
stamps are used to very limited extent
outside of double hostages, there will prac-
tically be no further use for them, and they
will therefore be abolished also. Stamps OF
the larger denominations are used almost
entirel4 on parcels. Taking the sales of the
quarter alluded to as the basis, the saving
% people in Boston who buy stamps at,
ter October LIST, will amount to upward OF
100000.