The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-03-27
FINANCE AVID COTTON.
FiSANCIAL.

THE general mercantile aud lndustrlal lines Of
business thpng nout the country, though show.
Ing considerable inoNa q tn volume, ss Nouu
naturally be expected at this seaso 81 lhe year,
arc SIN In an unBit s'actOry condition Ia tne
fact thai pr fits are exceedingly small Interior
and country merchants whilt holding niue
smaller stocks THAI usual, ar ~ buying very
gpaIingly an tho cnCfal distr butiOn OF koolH
IL not equal TO thai of at years, Mercantile
credit however. throughout the country stands
pretty well, aAd there WA, never q pitter le'
mand iIom banks for good mercantile paper Tor
Discount than NJ pr sont lhe earnings OF the
great iTuuk lines of rtilfoho IN mo west ana
northwest have been very mu'h q minis 'rd ~
the last few weeks 10y bud weather bur the
coyn psfison with tho . responding period o.
last year Ia also uniH,ntnh'c. because the
traffic conditions were uvttrr then than hoy are
now, and, furlhtf noflhw. Nhfn ROADS ,ere
osrfylnga large amount OF ireigh, tnni had
been delayed Ia previOus miutnH. Tho lat
reported c4rnl gR'f tns 81 Pau, the eorth-
west aud the o raha all thDw ~ falling on Tor
this reasln In the case Of he Uuilu Ptc'ic,
whose ianuhB eXhibit e, ending n les, OF over
5000 600 pss mad pub iu this week, there was
the add iensl cltcimsmucss " an Intense COM
petition with e iuring on q quincy aud the
Denver & Rio Graud' Tne export movement
OF specie has dlmri.hpd tom Iurirly 10 least
Tho exports from New rk iuu, far this week
reach less than tLOOlul. mlklug total ut
about 30 OO10l0 exported tincH February 3lif
when the movement began. Tue reduction OF II
GEMS per 100 pom IdH GO cent. uit-
vioualy uud . o. NJ more this NtCki ia he 4nt'.
trunk line raiiroA1s, Is Gu ya'eut - sredu'-
ton Of cents D. hushol in THO piice ~ tho
whoa, stored in the western IN lfkets and II this
difference snOt beu ranf't by an lquAl spccu-
lativc ndyauco a. ms weston prices, 10 should
facilitate he noveneng ui Rraiu % the saabDltt
aud the fOfoig1ghurk ts nnd ip lust the extent
that hrtadstufli went cut ui HCOu try further
shipments a gold would b. uyol I'D TJsJme
exte t. however, ms reduction iu iraighs u
only nominal as pre- Ton 10 The onlcls reJuo-
ton ritas mad Oaen cut by some oithe leading
lines The money market, both IN Nov Hoik
and IA the interior clues nra stll over supplied
with loauaba funds. aud rates Tor all classes 0f
loaps ana al cuuuts remain ~ low figures
In the New York m,rket the rn'cs fit cal
looms on stock On lHierAlS have continued
81 / IL and per teiL nor anuuu
(the Dulk of transact Gus being At the higher
hgure) aud time loans on .OOt diyiiDnd.paying
at s1s for Any Rod less than nine months
are still Obtq nal 10 at from , > ioi pr cont
Discounts OF mercantile pinor remain ~ ( aud
per cent for drst-clas, dOIDe names for 90
days and 4 months. and ana IL for Sin 10
names. Nev.r,heeg, IL 4, apparent that the
export movem int o. .pecie rs r1-uci1g he re-
serve OF the New York banks 40 4 ppilt whore
II must soon affect theit ability 10 loan The
weekly statement OF II Bank Of England on
Thursday lat showed a gain o, $4,000. The
reserve ia the hank WIS increased 10 4 l.l6 per
cent. rom % 7-lb per ceut lkst week Tho
bank rate " disc ~ remain unchanged mt
per cent Tha luk OF France gained during
the week z, g5j QUO irfnCs 81 gold asd ? CO.,, %
francs Ia slv r The bank OF German lost
1900 90 marks 40 specie.