The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-29
FINANCE AND COTTON
FINANCIAL.

HE nominal money value of tbs Co,,
stock lode has undergone many chanss0 IN
the last twenty years. From 1851 ana On ~
ior several years the mines grew in nnhi;a
favor. and values rose rapidly. and w;,S
but few radical contractiops. Fron, ISeS
prices began to fall Off under loss of ors AZ
posts and diminished bullion Weld TS;.
reduction followed the mines until shams
close Of 1870. AT that time the twentv.s; w
or more leading mines on the iods w ,e
rated at a triile over $4,000 900 in rounS
numbers. Then came the Belcbar and
Crown, Point bonanza, and values again
expanded all along the line. This Con-
tinued Tor couple of years, with now and
then an interruption. Before the wanins
inluence OF an exhausted ore body in these
Two mines had become to be seriously fell
the edge OF the bonanza in the Consoli'
dated Virginia and California mines ws q
uncovered. This was followed by an nm.
paralelied imitation in values until lS75
Wheh the properties that were thought To
be dear hive years previously at 81 0OO OO0
were considered (by some at least), under.
valued at $40, OOO, 900. That was the highest
valuation ever put upon the Comstock lode
From 100000 to $275.0OO,O 900 was a bio
jump, and from 1915 900 to about 49,.
OOo, was an equally big fall. But these
are teats which have been accomplished by
the Comstock lode inside of twelve wears.
The Chesapeake t. Ohio canal is A public
M I ~ WHICH ; tne national government
.tnoa i.aise .p.elest, owning Si2oo 0O0 of
60 SSS 600 "Ssiesa.e amount OF which is
% 80, O One vi tne Sonditlons OF the
$4,000 mao NAV ;' .he United states should be
;ts ;nt sooa ~ oae management ana nave
$500 pio.eoteui out the Maryland
now, S;srosad s oS.mneu tne money are
S ,o,o ''pvssu ~ neeIe out tIe United
SoiW., ouuse nuniunuS, VI tne District OF
49, n ne mas wIlt.ens ie.ter 10 the secre'
SGiy VI .ne treasury complaining IN IN
.nnmui .einus Vi UNFAIR treatment at the
Mha meeting iateiy helu IN Baltimore.
s ane svSernmeht, noidihg one-third OF the
b, 70 az. allowed represeh.auoh IN the
u uJaiH VI uitec.ors Ut any lnhuence, Deing
wnoiiy az Ine mercy Of tn9se VINO cast the
WE VI tne state Vi maryland. lie says,
INV; .nat tne property is oeterlorat-
a dng, tnat me expenses iast year were $iO.-
w MVIe man tne receipts wnlie the BALI
IiOlI Ohio Ialiloau, cohPetine WIN tne
canal unuer great natural disadvantages, IS
prosperous. Inc canal manasement Is
in SS up mnn MAI ylanu poli'ios.
CONCERNING tne aiR,omasiG reia,,ons pe'
tween mexico anu England, the CONNER.
Jist pu,;e'in says. ine IesumPtloh U,
G,plolha'iC reia'ions oetween MeHlGo anu
Engiahu is au important TACT whlch Will
probably lead al an early day TO important
commercial c9nst quences' ihe new MINIS ms
ter Senior Mariscal; a pubiiclst Of nigh
~ rss asseady taken MS departure dt
;assseD Cruz, ana VIII PROBABLY rsSch
rom fronaaoNn by the 10Th Oh next month; inc
LooInslish Journals, 1t NAV be observed, nave
Tor sometime past peea antiG cl,.ahg. 'nis
event rs one from which very desirable re-
suits are TO be expected, anu IL ~ oy NJ
means improbable mat while we are hesl'
tating and deliberatlng upon tne acceptance
Of the commercial treaty wnlcl our next ps.u
door neigh6or has proliereu US, Jonn pun,
ever on the.aert to improve opport!nhitiess
for extending his ma'KetS. may s!ep ~ anu
crowd us out. me very cGnsl snsr r. ;s
American capital ina1 Is now inve esu ~
the rspidly-eIiendlng railway system mn. IN
Mexico has within lhe iew years past
greatly multiplied our Interests ), ID t Y y