The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-12
HE LATE FINANCIAL EXPLOSION IN

THE LATE FINANCIAL EXPLOSION IN
PARIS-ARREST OF NJ. MIRES.
The failure of the house of NJ. Mires K Co.. an.
ticipated in my letttr OF yesterday, formally
announced on the Bourse at early hour this
morning and created considerable excitement
Count de Germny, Governor of the Bank of France
has been named to liquidate the estate. The house
OF Mires Co. is of those large banking estab-
lishments which have grown up suddenly in Paris
and become identified with extensive railway con-
tracts, foreign loans and domestic enterprises on a
scale which involves many millions of francs NJ
Mres & c.. it will be remembered, lately contract
ed with the Turks new loan, which, owing to the
opposition of the French COVE; nment and the
house OF Rothschd was not successful in Paris
This blow appears to have condemned the house of
NJ Mires to ruin. Before entering into an agree
ment to pay the Ottoman government large sum
monthly, NJ. Mires had heavy calls on his bank
originating in his engagements with Spanish and
Roman railways, public works at Marseilles and
other smaller liabilities. Under such a weight of
liabilities the house has broken up and caused
much CONSERVATION to hundreds of shareho lders-
1t is whispered about that NJ Mires will max some
remarkable revelations concerning the financial
transactions OF great personages. If so, he will
prove himself a good friend of the Emperor |
hear that not only has NJ. Mires been put un-
der arrest, but three other gentlemen whose
names [ do not care to mention, are also under
the control of the authorities. The liabilities
OF the house of Mires are estimated at from
200 to 600 millions of francs; but the fact is
no one knows at the present moment the real con-
ulllOn ol tue estate L give you the precise words
of the notice which stuck up at the Bourse
touching the Mires failure: "Par ordonnance de
NJ. lie President du Tribunal de la Seine, ii. lie
Comte de Germiny, Gouverneur de la Banque de
France, est nomme Administrator Provisoire de Ia
Caisse Generate des Chemins de Fer, avec les pou-
voirs les plus etendus." Quoted property in our
money market was at first much affected by NJ
Alres' failure, but later in the day rally took
place, and the three per cents. closed with an i'm
provement OF l5c., viz. at 6Sf. 25c.
Inc Parls correspondent of the London Times
writing on the 18th ult., M. Mres was ar
rested at nine O'Clock last night, various charges
lie is in custody at Mazas. 1t is rumored that
several persons of standing are more or less impli
Gated IN the affair." and that disclosures as well "A
serious consequences to individuals, are likely to
follow 1t is the general topic of conversation
everywhere.
The Paris correspondent Of the London Mans.
writing on the 10Th, says 1t is now no secret but
an undoubted fact in eyerybody's mouth that M.
Mres, the great millionaire, the negotator of the
turkish loan, the managing director of the Caisse
Generate des Chemins de Fer, was arrested on Sun.
day evening, and is now in Mazas prison. Accord
ing to report, the charges ainst him are of very
serious character. At the Bourse tie Caisse Cen
| erale, which on Saturday quoted at 205f
opened at l55f and fell to l40f but when BY order
| OF the Project of Police, the despatch announcing
| the appointment of Count de Germiny was placard
! ed at the Bourse, it recovered to 1851
THE MANUFACTURE OF POSTAGE STAMPS.
The Philadelphia Ledger says:
The Postage Stamp Agency, which was located
| in this city in 1855 by the Hon. James Campbell
who was then Postmaster General, is a matter Of
! some Importance. The immense number of stamps
| that are now used, the constant and regular in
crease OF the consumption, under all the depressons
| OF business that we have had since the agency was
| established, shows that cheap, convenient mail ar
| engagements are appreciated by the people.
All postage stamps for all post offices in the Uni
ted States and Territories are manufactured in this
| city by Messrs. Toppan, Carpenter & Co., under
contract with the Post-olice Department. The
| contract affords steady employment and good wages
for about thirty hands, third of whom are wo-
| men. AS the present contract expires in June
| next it is hoped that those to whom the interest
| OF our city in the government of the country has
been contded, will not neglect this important mat
ter and cause loss of this labor to our operatives
The business Of this agency has from the be-
| ginning been conducted by MIR. Jesse johnson and
| two assistants, Mr.. Edwin Lamasure and Samuel
Il. Durand, to the entire satisfaction of the Depart
ment at Washington.
1t is the duty of the agent to see that all parcels
OF stamps are properly put up, and to direct them
and to have each parcel registered at the Philadel
phia Postotice 1t involves the mailing and regis
| tering of about sixty thousand parcels per year,
and as will be seen by the following table of stamps
sent, that during the year 1860 the amount reached
| the enormous sum of over two hundred and twenty
three millions, and in money value over six mil
| lions of dollars.
The following table shows the number and value
OF stamps sent from the agency since January lst,