The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-01-25
II NANCIAL AND COTTON
FINANCIAL

s. A WAsRISeroS correspondent OF the Cincin-
matt News says of the secretary OF the treasury;
S. "As the COMMITTEES on banking and currency
has as yet done nothing resarcing the secretary
d the treasury recommendations 90 ease the
reaSuIy OF It's large amount OF idle lawful
money! the secretary was asked p-day Ss }
What he would do in case OF non-scuon by con-
Eress. The secretary said he would decide
nothing In that mst'er until congress acts or ad-
burns, in March. He evidently holds that
while he has asked congress in his annual report
10 define the teim pubic moneys and denote
Vhat securities, other than government bonds,
he can take as security for public moneys,
MAI he can, in any pdblic emergency, under the
. Dresent law, accept railroad bonds, mortgages.
d other apparently safe S euriues for public de
1osits in government Repositories
~ British India, as is well known, has more sill
,yer than any other country, the amount Of full
Regal tender b,ing stated at N.Ol5, OO0Ce }.
France comes next with Ssl5,2s6,C0. These
two counties hold 20 per cent. of all the t1ll
legal tender silver In the countries embraced in
Che table. This country follows France with
about siS4,t )lC0i at this date, aud Russia comes
next with sll9,219,7si then japan with s50,66l.
BIS. In the amount OF gold circulation France
Stands at the head with SS1l $4,000, Then fol-
lows Great Btt Vim with S591t ll0.h the United
SteteS with s5i3CSl, i55, Germany with s3s7, li3,
az, Italy with sliLT lC D. Russia with Sll9 99,
4Sel, and Belgium with slOSt l(s1
* The secretary of the treasury has authorized
N the coinage of scent nickel piece of new de-
3 sign, which is considered as being more in COM
phance with the law as regards weight and iu-
fBcripGous than the present 6-ceut piece The
= new coin weighs 81 milimet1rs (which is mil
limeter more than the present clin), and is a
( little larger and thinner than the one now in
Z circulation. On the faC G of the new coin Is d
4 woman's head surmoun' d with file, upon
(which is Inscribed the word Liberty" the
a whole being surrounded by 10 stars, The re.
6 verse contains wreath surrounding Roman
3 mineral representing the denomination OF the
h coin.
The latest London journals contqin complete
list OF new companies brought out in Grea
Britain in 1882, showing Il nominal capt. Il Of
8Sij9l, 0i7; captsl offered to the public f52 ll?,
$50 deposits, ETA l9l go The nominal capita
is about e., CC1OC0 less than last year. The to
tai amount OF capital actually subscribed is
x however considerably below the amount stated
the shares applied for. some have been aban
doned, and others are already winding up. The
number of companies brought out for purposes
In connection with electricity alone amounts &c
40, with nominal capital Of fl637S,0L0; capital
offered to the public El0026,No
Advices from Alaska report the product Of the
mines worked last season at between 81 O.0O5 and
$500, 900. Only very small extent of the terri
tory has so far been pr0spected, but the result
mas been quite satisfactory. IL is claimed tina
lodes apparently equal In extent aud value (
the great Comstock lode of Nevada have beer
discovered. These facts & We the country great
err prominence, and the indications are tina
next season the emigration from sau Francisco
TO Alaska will be greater than that of the perioC
In which the country has been in poss eSsion of
the Unite States.
M DALLAS EXCHANGE AND SILVER