The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-01
FINANCIAL AND COTTON
FINANCIAL

TIE Financial Chronicle says THE exchange
uayxet mas again disappointed expeetapons 1hls
Wo2k. And still the advance III rates wAlca We
hare TO record is now easily accounted Tor IL
0ooms that the United States Mortgage company
q % pay off on the LIST of March. in London sS,-
OootO0 of its bonds and that II has been making
proyisons within a few days Tor IN payment
It's also stated that considerable amounts or
maturing railroad bonds owned in Europe have
been remitted Tor payment during late weeks
We cannot rec II any sterling bonds which have
recently fallen due, but theie were the first
mortrage sinking fund bonds of the Burling ION
q Quincy, about g. 500oe0 due January /; then
sh6nt 81 75o, 900 of the United New Jersey con-
nonies due February /, and ON May abouy 81, :
lm000 New York Central 6's fall due and prob
67v Europe holds, or held a fair portion of all
-. OF course there is not wuch temptation
- Eurpcan investor TO take a 4 per cent in
Gthange for his maturing security, especially
the interest is not paid In London. He can
Gohs well at home.
81 ABesides the payment of these and other sim.
nmr obligations, which we do not for the mo-
mi remember, there Is q constant flow this
VAT In moderate amounts OF the called and 9th
e. United States bonds. We noted one large re-
mittance of this kind in December At tbs
prices these government securities are selling
1or here. there is no reason for their being re-
tained abroad, and the tendency of the move
nent is this way all the time, of course, though
IN small amounts. So far as the old trade bal
ance Is concerned, there Is no doubt of our hay-
tes, and II there were no special Influence at
work We would be receiving gold now But
with money really easier here than In LONDON,
aud with so much uncertainty In Europe and so
short stock OF gold in the Bank of England,
We must expect for the time being that funds
set looss here and belonging to European in
vestors will return to their owners"
In view of the pending commercial treaty with
Mexico the official statistics of trade between
MexlQn and This ppnntrV rppan Tlt pn,nni1al hv
tho bureau OF Statistics, are peculiarly interest.
Ing. The total value of goods Imported into
this country from Mexico In the last fiscal year
was little more than sl5,0yQ,00O of which about
6bOO, 600 was specie, leaving about s,5O000O for
merchandise. Of this amount about 250,00(
represents the value of goods which came In
free of duty. We imported 1900 OOl pounds OF
coffee free OF duty, valued at l,SO0O9O, and L.
100000 worth of hides and skins, also on the
free list The value of goods imported upon
which duty was paid was Il little hess than g.,
100000 The imp lrts OF jute-2O0,0 tons--coyel
more than two-thiIds of this sum, while the
value of the sugar and molasses imported (abou
a000, 600 poundsl was only little more thar
100000 Other imports were tobacco, about CO.
900; living animals, nearly 6O0,00O breadsIufrs
0000; nuts, $1,000 precious stones, 49, 100 fruit
$1,000, and lead, $1,000.
The value of our exports into Mexico was SlS
100000 and he list is much larger Than the lis
OF our imports from that country Iron an(
stesi head the list, value nearly $4,000 00i. Coz
Ion, nlaliulhctureu ana ulnlullulhcllrGu, conner
next value $4,000, breadstutls and provisions
60A00G wood, lumber and furniture, about 1, 500
600. The value OF living animals sent into Mexi
co was 10000. We sent W Mexico about III
much sugar ~ we took away ami almost tire,
tine US much tobacco. The value of SEWN,
Machines and railway cars exported from thi
country was nearly 90a040, and OF kerosine OF
about 100000, while gunpowder amounting 4
About the same value was sent over the line
The Me1icans took 1900 worth of paper ant
Astatiouery from us, and 10000 worth of boots
shoes aud harness. The balance of trade 4
against Mexico in fruits. The carrage-make
OF this country sold 10000 worth OF goods Il
Mexico last year, and drugs chemicals, me II
ctnes End fancy articles 10 the value OF 1901
went over the line. The treaty will greatly de
velop the trade Ill agricultural implements, 10
the value of such implements sent into Mexie
last year WAS less than.g0 900. II New York New
IN WASHINGTON, Jan. 81 Receipts Of nations
!. pspk notes for redemption during the wee
elhipg today sS,3S000; bonds held by tn
uenutcr TO secure national bank circulation
ySoY w, i50; to secure public none, in nations
Dank repositories, Sl65lg,000 bonds depo tied
secure circulation during Tho week $3.50, So /
secure CIRCULATION Withdrawn during he weel
wv; istonal bank notes outstanding, sS6Z
iIo,llG laWfll money ON deposit to redeem note
q national osnks reducing circulation. SOS, $50
NJ ~, lqu1aMns banks, III, iOS,9ss; iailc
banks. 81, oGi SjS ~ - -