The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-04-03
FINANCE A D COTTON.


TINS Financial Chronicle orliflns the mint
Intimate ct tne stock Of golt IN tn ,ouht y.
and srcrts villa such conhd nee that VIC
punt 1, eratly exsgg,ra,.i III, nin, p ,s,.
Zount In he country ON soeliaii, ave- sa'
January l, 1870 ~ fonnd by ms care ~ 2 iou'
: Aton rs the cifcu us anecs aimI ~ !, s'us W.,
the recOinag and adds 10 or subtiacia itoh
tho sum the net imports or expuiM
'Rhe rcmaicd de-. minus INC .m'nn. ran
\lpcf in tho arts A. aiken b. the te mhl
showing tho net addition 20 the domet-
kiosk We assume Saws nc COURIER jour !,
tnnt he mint s,atistlelans have ivINN,u
proper nr,cau.. rs T. avoid couanhS the 10y
imtorfs twice q nj inc port ~ tnlry hud
again In the coinage. and mis- tha Cnfnnl ~
does no, rnesuun That Item inf upuooly
reported. III, evldent that the miurs mnih0d'
are sol, ntinr and. NJ near a. ? SIDE, INC 70
suts are 81 obspy aocn are. j, would o1 be
possible Tor 0ficial ststlsticians - "npft moro
dargsrs tf error are In 81 4rlal mi.ip ke- IN TO
govsrDmcnt onpns, error iuvolylug IN u
amoun's IN the conaumpton ol soli IN
the ar,r, ana We h.p,,,.n liz or,on',is
brought IA hy emigrsits or carfi Il out by
tourists Proceeding ace ,,dinglo tnese men :
Cd The mint rerort puts the slotk of ol toin
ana nullion IN the Ullt,d oiatcs 90 November
J. 1888 At about f0i,ml0O Tao chronic G
says at this ,,tl n Q 4 xcssaiye lt patos ~
argument on the Variations r. the visible sosu
supply la all banks ami in TIE rub're'tur! AZ
diffsrant . rads The latter has inneHed rom
S25S 6sl IN ON November l. iSr, To y III
onOctobcr |, $50 The thiouicle Is ssepiigat
of the clni ms made for the growth uf tue III
visible suppl. when the visible shows a shlu
Of OILY $4,000 COO IN three Jests
With The Chronlec' D ri ~. Se must ray
that this illust aiipn proves too mnch' nam "
that The ChTonioles test IL worthless rms 10
even more ncuslvely prnvei ny COMPARING
tho stock of November I. 1883 vii he sock OF
Novem her !. 1881. VIII CHI snoun co y s,l sq' :
10 This shows n loss Of 2l,@i,lOO "hi n
would OF course i'm oily, according 10 The Chroni-
ole, that the cOunWy absolutely r ducod IT'S
stock Of coin aud bullion IN those two ears.
though TIE net ,rpors w,re about slO.V,wO
and the Amc lean prod, c ION about 1OWOOW,
Another argument In detogaiiom OF the minis
esumste is that II the latter be true
the people arc boarding fS53Oc00o) OF
sold, or a considerably lager amour. Ihs sp-
RS 4, the public resery irs III money IS w
we reply that the whole amount outside OF
ee reservoirs Is rot hoard d. as mere 10
sidcratle p. ceniagv In circu aion. hnra-
M the relative invisible tup y, as thus IN
.uated. dogsn tvary ron wh1t ~ opserv1i III
uother spa Gle. paying ma Ons % tunh degree As
90 impair tho credibihty II the ohici estimate
There Is mucs boarding OF gold by cope
OF mesns 20 email as r.nuef NM ~,
go urlties insignificant They, ther, iore' Keep
Athis money Tor a rainy d-y. nor would u ne NJ
hi surprising 1 the agar gate should as
kee As INDICATED THAT non Interest, bearing
'srd Of the poor. rs Large as II oks 70 ,ne
1.-The fntcrest.b ariug hoard of investors. not a
k<ousandih part so hume Gus me gsiu Ger
t!hcA'es the Chr nirle tlinks. should Mkn the
place of the yold hDar ed by the peogle Thstt
IL no apparent reason WY this shJnlu hnppei:
~ the ceitia at offer 30 interest aud would
appcar 10 The clas. " people Who hoard gold
In tho sane light as bank.notes or other psp'i
money