The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-08
FINANCE AND COTTON
FINANCIAL.

The Chicago Times says the May debt
.tatament shows a reduction of 81, $50 All
s~ring the month, which was about s.
1910 more than the reduction in April,
The reduction since the 30th of June, 1852
has been Sll9 725, 052, which is only about
onarter OF million short of the estimate
nv Secretary Folger last November of the
rsanction OF the fiscal year. As one month
~ The year still remains, his estimate is
likely to be exceeded by at least $500 co.,
The principal changes in the form of thu
debt during the month appear In decrease
nj about SIS, CWO COO in the amount OF con-
,inued "a per cents. outstanding, and an in
crease OF nearly S2,N0,UO0 in the amount of
Sner cents. Only S33, l54 $50 of the former
remain, and 1t is probable that all these
will be called in and paid by the middle of
the next fiscal year.
The statement of liabilities and assets
show considerable changes in the state of
the treasury during May. The amount OF
cold coin and bullion in the treasury in
creased from about $lSS,000,0O0 to about
sI93 600 coo, but the amount belonging to
the government decreased from Sl39, 400
000 TO 1888, 7C1 00C "a loss of 81, 500 0CJ. The
amount of gold certificates in the treasury
fel from $32, 500 COO to less than $23, 900, 600
"A decrease of more than 50 100000 The
silver dollars now in the treasury amount
now 10 about sos 900 900, which is upward
of So, 500, 900 more than at the beginning of
NAV, The amount of these dollars belong.
ing TO the government is now $37 2O0, 600
against $34, 81 900 a month AGA gain of
81, 7O0,0 600, or more than three months com
age. Perhaps there is some one who wants
better evidence that the public has all it
wants of this kind of money. The United
States notes in the treasury increased from
about $3l 600 900 to about $3.50, 10000. The
"bsance, including bullion fund" fell
from $l33 $4,000 to $l29, 400 0C0--a loss of
nearly $4,0000O0. In other respects the
changes in the account during the month
were unimportant.
The Bureau of Statistics has issued an es-
innate of the probable exports during the
fiscal year ending June next. While not a
thoroughly trustworthy guide while there
is any doubt as to the foreign demand for
certain of our surplus products during the
coming weeks the statement probably APP
sproximales the forthcoming total and is
therefore of interest. 1t shows that the ex-
ports of merchandise during the present
year will probably exceed those of last year
by from $6O,OOO000 to $4,000, 600. Last
year their value was $3.50, 600. This
year. judging from the work of uine months
The total VIII be from $50 ,000,0 to $500
Oc) 900. The total Tor the nine months
ended March 81 we're $3.50 ,t000 600, against
about $500 0J0 900 III the corresponding time
Of last year. ii the increase goes on during
the remaining three months ut the same
rate the exports This year viii exceed those
ofany year IN the history of the cou try,
excepting 1880 and 1881.
The Imports at the port Of Boston for the
four weeks ending May %, 1883, amounted
to S6,O7S S6S, Il less amount than for the
previous four weeks, but, with that sole ex.
ception, the largest for the past eight
months. The following table shows the
value of imports at that port since October,
1882: