New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-28

French Confidence RestOred-Pro-
Tiding for an 4utOdromc.

Especial 70 The New-Yorx Tribune by French Cabls)
Copyright. 1904: BY The Tribune Associaton)
Paris. Feb 2T-The Paris Bourse is slowly
recovering from the paric OF last week. but
there is a general want OF confidence in all
European government securities. A signif-
cant feature of the situation is that the prom
inent banking houses doing business with
the United States are being deluged with
applications from small. thrifty investors,
not only I'm Paris. but from all parts Of
the country, for information concerning sound
government, railway industrial bonds and
stocks In the United States. Among the bankers
who have received such applications are the
Rothschnds. Messrs Perier. Messrs Hominguer.
Messrs. Morgan Hayes, Messrs. Munroe and the
Credit Lyonnais. Il is estimated by leading
banker that the accumulated uninvested savings
in Paris seeking sound investment IN America
now amount 10 SS0OO0O0O. As no United States
securities not even government bonds. are listed
on the Paris Bourse. French investors COM
PEELED 10 select such transatlantic securities as
may be found the London Stock Exchange.
and the banking profits go 10 English Ger
man dealers I'm American securities. The French
public feels the need Of having American bonds
and stocks officially listed in Paris especially
in panicky times like the present. when all sorts
Of irresponsible spectators and company pro-
meters working the Paris market for all It
is worth and putting before the French public
American propositions Of exceedingly doubtful
values.
According 10 the best informed financial
circles. Paris viii soon be treated to a French
edition Of the Whitaker Wright hasco. for just
now money is cheaper and more abundant In
Paris than in any other financial centre Of the
world; and it is deplorable that the masses Of
thrifty French investors. searching for sound
gilt edged United States securities that will
yield interest Of from to 81 per cent. should
be often disastrously msled and prevented from
getting what they want simply because Of the
absurd rules Of the administration Of the Bourse
prohibiting United States securities from being
officially listed in Paris.
French sympathy for Russia is being actively
manifested i'm fashionable circles. Subscriptions
for the Russian wounded are coming IN. never
theless. with moderation. So far the total
subscriptions amount to about $4,000. A
grand gala artistic tombola is being organized
under the patronage of the Marquse de Monte
bello. the wife of the former French Ambassa-
dor at ST Petersburg, to which the leading
painters and sculptors. including Rodin. Carolus
Duran Detaille. BouEuereau. Besnard. La
Touche. LHermitte Bonnat. Jules Lefebvre
Gabriel Terrier, Harpignies. Dubufe and others
have promised TO send works.
The French Commissioner Of Fine Arts 10 the
ST Louis Exposition Andre Saglio. leaves Paris
to-day for St Louis President Loubet has
lected Paul Adam French journalist. TO ac-
company the French commission to St. Louis
as the official French historian OF the st. Louis
Exposition Paul Adam. accompanied by his
wife who is a sister Of Nine. Muhlfeld and of
aIme CappieHo VIII start for st. Louis in
March.
Paris is at last 10 have an autodrome. The
place selected is the Pare de Buzenval, close to
the ST Cloud racecourse, within easy driving
distance Of the Champs Elys6es. The autodrome
VIII be on the grounds Of the New Country Club
and will have a track five miles long, with a
straight r7lr Of one mile. The land forming the
old Pare. where Napoleon and Josephine passed
SO many pleasant hours, overlooking the chateau
OF Mainlaison has already been leased by prom
inert Parisaus Interested in open air sport, in
Guiding the Vicomte Leon De jane. James Cor
don Bennett and the Baron Pierre de Coubert.
The grounds. which comprise an area Of 53o.-
600 metres are entirely surrounded by stone
walls Besides the autodrome, clubhouse VIII
be erected overlooking football cricket and base
ban grounds and among the other sports VIII be
provision for pigeon shooting tennis hocKey,
pelota. bascule and skating. and also a forced
of place where children OF the members can
play and amuse themselves.
Social activity centres just now at the Paris
skating club in the Champs Elysees where two
mornings q week are reserved for young women.
Among the most accomplished skaters TO put I'm
an anna. france are the Msrquise de Laborde. the
IA ron. Henry De Rothschild. Mrs. Leishman.
MIS- I.ishman. Miss Taylor Miss Colburn. Mrs.
,.aels- TAYLOR Mrs. Ayres Miss Blackington.
Miss Muington Drake and Nine. de Mora.
,ot,v.thstanding the exodus OF the Russian
ne a
--A,res Nice and Monte Carlo seems as gay as
ever The Prince OF Monaco is entertaining Law
ishly Among his guests at the dinner he gave
10 Salnt-Saens the composer on Wednesday,
were Nine. Melba Mrs. Carroll. Mrs. Bell, Jean
de fseszke and Alvarez. The table was beauu-
fully decorated with daffodils. Among the
Americans participating In Informal dinners and
luncheous at Monte Carlo are Mr.. and Mrs.
Prank Parrish. Mr.. aud Mrs. Henry Birch. Mrs