The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-02

AFTER mature deliberation a powerful
syndicate of Paris bankers, conspicuOu!
among whom were the Rothschilds, deter
mined to come to the relief of the embar
raised Union Generate. Stringent condi
tons have been imposed at the Rothschilds
especial demand, to prevent any abuse be
ing made of the assistance given: 1t /
probable the Bank of Lyons and Loire viii
also be propped up.
At a meeting of shareholders of the Bank
of Lyons and Loire, the necessary sums
were voted to insure the cooperation OF the
Paris syndicate to enable the bank to I'M
mediately resume business. The bank
assets are % 100000 francs, and liabilities
100000 francs. The shareholders will
have to pay 81, 000, 900 francs on their shares
The syndicate of capitalists, headed by the
Banque de Paris, have advanced lIOyO,0Ot
francs, thereby covering deposits due by
the Union Generate on demand.
The Financial Chronicle remarks that
the recent collapse in Paris does not di'
rectly affect United States bonds or stocks,
though it does indirectly through London,
by reason of the speculation carried on
there on French account, and the demand
the crisis creates upon London for gold. II
would appear from the large gain of gold
last week by the Bank Of France that lib
eral amount was thus sent forward. These
cs.IiShstances and apprehensions OF further
ASfhiculties Lave induced London to continue
selling American securities, and the trans
actions by cable have probably been large.
Instead, however, of dlsposing OF the fancy
properties held there, London appears tC
have literally sold her first class holdings
for which a ready market could be found al
New York, and in this way it is reported
that large amounts of Illinois Central, New
York Central, Lake Shore and Other
properties of that character have been dis
posed Of
The securities dealt in on the Paris boursC
are confined to European bonds and shares
of continental companies. Americans have
no place at the board, there having been nc
trading in United States bonds for nearly
twenty years. American securities art
upon the Frankfort and London exchanges
but not elsewhere.
The Tombstone mines have been worked
two years and seven month"; and the total
OUTPUT has been $685., l76. \Tbis is up to
December /. Up to January the output
is estimated at 1881 ,99E
The amount of bullion Withdrawn from
the Bank of Englandon balance to-day is
5000, all of which was shipped to Paris
Ear- eile f,ist Time since the nominal re-
~-S1mption of specie payments we are seri-
ously threatened with an outflow of gold to
The Fertilization BIZ, appropriating
1915 900, was passed by the House in Com
mittee of the Whole,
The taxable property of Oregon, las per as
sessment Just completed is $50, 2B, 10.
1t is believed the lines belonging to the
Western Union would not cost Sl5OJO.OJJ,
although the company has a capital stock
of $1,000 600, worth 80 cents on the dollar
in the market.
Silk, it may be said, stands fourth in the
list of duty-paying imports, contributing
1856, 400 10 the Treasury, and 50 ranking
al.eI sugar, wool and ilOa. The imports ui
raw silk in the last fiscal year amounted TO
20. lOs bales. valued at $40, SIS, l67, falling
off from q .741 bales, valued at Sll ,74J9 l3,
in the previous year but far in advance Of
former seasons.