Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1880-12-03
Exports and Imports.

WASHINGTON, Dec. 1st.-The ex
cess of exports of merchandise owe
imports for the twelve month";
ended October 81, 1880, is $l35, 721,
$50; for the twelve month";
ended October 81, 1870, $269, 257, 1872
Excess of imports of gold and silver
coin and bullion for the twelve
months ended December 81, 1880
IL $67, 2l4,821 for the twelve
months ended October 81, 1879
$43, 763,343. Receipts at the Pat
'ent Office for the fiscal year from
fees Of various kinds aggregated
$3.50, 547; total expenses, $50, 696.
Tine Panama Canal scheme.
NEW YORK, Dec. 1.-The Times
In an editorial review Of the Pana-
ma canal prospects, says: There
seems little doubt left that q large
amount Of capital will be obtained,
and operations be actually begun
1t no remote date. The company
appears to have settled down to the
conclusion to limit the share capi-
talJto 300, OOO,OOO francs, and Nien
issue bonds for TIM reSt. az
needed, up to the outside
limit Of 10000 francs. This,
together with the fact that interest
ct the rate of five per cent. ia to be
paid on stock subscriptions during
the period OF construction, which
Is estimated at from six to eight
years, is not altogether reassuring,
but it does not appear.to impair con.
f1dence In the enterprise in Europe,
II we can rely on the dispatches
announcing the alacrity with
which subscriptions are coming in.
Ths Proposed C0asoIld altos, OF she
O. r. u. q. N ad she U. e. R. n.
NEW YORK, Dec. 1.-The Worlds
Boston dispatch Gays: The pro-
posed consolidation OF the Central
aud aion Pacific railroads into
one hpany is not favOrably re-
gars by the Boston Directors and
lead 3g stockholders, aud Direct rs
of the Union Pacific Company in.
formed your correspondent to-day
that It WAS generally opposed by
the stockholders residing In this
city, The proposed consolidation
has been o pet scheme Of Jay
Gould, and the terms of the pro-
posed union were arranged between
that gentleman and Huntington at
New York, and submitted to East.
ern Directors for their approval,
which, as | am now assured, has
not been given to it. From the
same source / learn to-day that Jay
Gould is displeased with the action
OF his Boston associates, and he
will retire from the directory Of the
Company ut an early day.
Ths Two Treaties with ohins.
NEW YORK, Dec. 1st.-The Trib-
une's Washington special says:
Two treaties have been negotiated
With China instead of one. The
frst relates mainly to the question
of Chinese immigration and the
other is y commercial treaty. In
the first, the Chinese Government
practically leaves the subject Of
the regulation of immigration to
the discretion and control Of the
United States, and In return
for this concession some new
aud important commercial priv
ileges have been granted. In
the second treaty, which regu-
lates the whole subject of CONNER.
cial intercourse hereafter, Chinese
shipping will be placed on the same
footing ~ that Of the most-favored
nations. 1t Is expected that the
dutiss paid last Summer under pro-
test on the Chinese steamship
which put in at San Francisco will
be refunded within week. The
second Chinese vessel that will ar
rive at San Francisco will be allow
ed to enter that port upon the same
terms ~ are imposed on chips Of
other nations.