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U14 THE LEADEB. fflo. 497. Oct. 1, 1859....
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PRICES OF THE PRINCIPAL STOCKS AND SHARE...
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Last This. " ' „ ¦ Week "Week
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QTHPITS 3 per cent. Consols—Money 95*. 9...
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* ox. div.
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JOINT STOCK COMPANIES. .
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The shares of the Van Diebien's Land Com...
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RAILWAY INTELLIGENCE
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At the half-yearly mooting of tho Jbubuk...
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Port of London.-—During the past week th...
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We regrot to hear that Mr. Robert Stephe...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Transcript
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Friday Evening. Matteks Of Trade Now Go ...
has led some foolish partizans of the shipping interest to contend that freight is paid by the producer and not by the consumer . All cost is , of course , payed originally by the producer , ' cost being the measure of his toil ; but his cost must be repaid him , or he would not and could not go on producing ; and it can only be paid by the consumer . In the ; end , therefore , though in individual cases some exceptions may occur , all cost must be paid by the consumer , freight included ; and it is merely an error to say that freight is paid by the producer .
U14 The Leadeb. Fflo. 497. Oct. 1, 1859....
U 14 THE LEADEB . fflo . 497 . Oct . 1 , 1859 . ^—^_ ^^— i ^^^^ m ^^ m ^^^^^ ^^^^^^^^^^^^^^^^^^^^^^^ M ^ M ^ ^ M ^^^ im ^^^^^^
Prices Of The Principal Stocks And Share...
PRICES OF THE PRINCIPAL STOCKS AND SHARES AT THE CLOSE OF THE MARKET .
Last This. " ' „ ¦ Week "Week
Last This . " ' „ ¦ Week "Week
Qthpits 3 Per Cent. Consols—Money 95*. 9...
QTHPITS 3 per cent . Consols—Money 95 * . 95 | Ditto Reduced 96 J Ditto New *¦ 96 Bank Stock § f ° * |* S India ¦ g . « . Exchequer Bills : •••••¦ . , *; ., £ * Canada G overnment 6 per cent . " ~ " fj New Brunswick Government 6 per cent . .. .. Ill * New South Wales Government 5 per cent . J 10 J 101 South Australia Government 6 per cent .. 110 110 Victoria Government 6 per cent .... Ill 111 $ Austrian Bonds , 5 per cent ... •• •• Brazilian Bonds , 5 percent •• French Rentes , 3 per cent . * 68 . 90 Mexican Bonds , 3 per cent .. 23 * Peruvian Bonds , 4 £ per cent .. ... Spanish Bonds , 3 per cent w £ Turkish Scrip , 6 per cent .... .. .. RAILWAYS . Bristol arid Exeter 9 a 100 Caledonian — ••• 8 S & 88 * Eastern Counties o & s ' 50 i East Lancashire ¦ Great Northern 101 * . 102 * „ Western 62 63 | Lancashire and Yorkshire 96 * 96 London and" Blackwall 66 66 London , Brighton , and South Coast 112 . 113 London and North-Western 94 J 93 | London and South-Weatern . 93 93 * Midland ..... 105 * 105 J NorthBriflsh 59 § 00 North Staffordshire . 4 d 33 d Oxford , Worcester , and Wolverhampton .. 32 33 South-Eastern . 75 f 77 * . South Wales .. 03 j 70 Bombay , Barod a and Central India ..., ... 17 17 Calcutta and South Eastern .. Ap Eastern Bengal id Id East Indian 100 £ 100 Great Indian Peninsula 98 97 * . Madras ...... 90 80 Scinde .... 19 * . 19 * Buffalo and Lake Huron 5 * . 5 $ Grand Trunk of Canada 36 37 Great Western of Canada . 135 14 Antwerp and Rotterdam 43 ' 4 Dutch lthenish ' . 4 m 3 : d Eastern of France , ...... 27 27 ; Great Luxemburg : 7 % 7 r Lombardo-Venotian . . p lip Northern of Franco 37 * . 37 * Paris , Lyons , and Mediterranean 35 . 30 ; Paris and Orleans CO 57 Southern of Franco 21 21 Western and North-Western of France .. 28 £
* Ox. Div.
* ox . div .
Joint Stock Companies. .
JOINT STOCK COMPANIES . .
The Shares Of The Van Diebien's Land Com...
The shares of the Van Diebien ' s Land Company hare advanced to between 18 and 14 , in consequence of an auriferous quartz reef having been found at Circular Head by one of the tenants of the company , and also of gold being discovered on parts of their property at the Surrey Hills and Emu Bay , as well as in neighbouring districts . The paying character and extent of these deposits remained to bo ascertained . A sample of tfye quart ? at Circular Head had sent to Melbourne to be tested , and it was expected that some -of tho other portions of the company ' s lands would soon be surveyed by tho Government geologist . , r , Tho proceedings at the meeting of the Brazilian Land and Mining Company wore not very interesting ) and were ultimately adjourned to receive tho report of the agent sent out to effect the realization of tho assets of the National Brazilian Association , in connection with which the now company was started .
Railway Intelligence
RAILWAY INTELLIGENCE
At The Half-Yearly Mooting Of Tho Jbubuk...
At the half-yearly mooting of tho Jbubuk g ii Bailway Comjpantji , report ) was presented , " stating that the revenuo for tho half-year was £ 1 , 736 , showing a considerable increase over tho corresponding six months . The expenditure "was £ 1 , 326 , leaving a balance of £ 410 , out of whioh the directors proposed that a dividend at tho rato of 24 per cent , ( less
income tax ) should be declared , The report was adopted and the dividend declared . The report of the directors of the Smyrna and Aidin Bail way states that they expect to open the first forty miles out of Smyrna early in the spring , " when it is understood that the Sultan and ministers of the Porte will attend . " Mr . Jackson , the contractor , " finding that his other engagements prevented his doing full justice to the Ottoman Bailway Bailway , " , with the concurrence of the board , relinquished his contract . The directors have accordingly entered into a contract with Mr . Crampton , upon the same terms as that with Mr . Jackson . They again express their confidence in the complete success and profitable nature of the undertaking . The half-yearly meeting of the Buffalo and Lajke Huron Railway Company is called for the 20 th of October .
The main line of the East Indian Bailway , from Burdwan to Synthia , on the River More , about twenty-two miles beyond Beddiah ( to which latter place trains now run ) , has been finished , and will be soon open for traflic . The bridge over the River Adjai , consisting of thirty-two arches of fifty feet span—the principal work between Calcutta and Rajmahal—is now complete ; and the difficulty of constructing an immense amount of cubic feet of brickwork , in spite of frequent failures in brickmaking , has been at last overcome . The traflic between Synthia and other places on the line cannot it is but small vil
be expected to be very great , as a - lage . It is , however , but a few miles from Sooree , the civil station of Beerbhoom , and there are a good many villages in its neighbourhood , and experience has shown that the passengers for short distances by the third class are the main support of the railway . It was stated in 1857 that the receipts from the third class were nearly four times as much as from the two higher classes taken together , and the ratio between the receipts from the different classes continues about the same , although the profits of the line have increased 3 or 4 per cent , since that period . ht at
In reply to a complaint broug on Friday Preston against the East ^ Lancashire Bailway Company , that they did not consume the smoke of their engines , as bound to do by law , it was endeavoured , on the part of the company , to show that the onus lay with the engine driver and not with the company . The engines of the company , it was said , were all constructed , on the principle of burning their own smoke , and in proof of this Mr . JLees , engine superintendent at Bury , was called , who produced a plan of the apparatus used . The bench , however , were unanimously of opinion that the engine was not constructed so as to consume its own smoke , according to the Act of Parliament , and they therefore inflicted a penalty of 51 .
The works on the Cape Town and Wellington Bailway are being vigorously prosecuted . Several portions of it have been let to sub-contractors , and it is expected it will be opened , from six to nine months within the stipulated period of three years . A company has been started , with the object of carrying a railway into the pretty district of Wynberg ; a railway is talked of from Cape Town to the Paurl , and in the eastern , province there are several projects on foot for the establishment of " iron l'oads . " The opening of the first railway will be a great event for this colony . At present the want of transport is most severely felt .
The important matter of direct railway accommodation between Stourbridge and Birmingham was , by the adjourned meeting at Stourbridge , referred to a committee which met at the same place on Monday , Lord Lyttelton in' tho choir * Tho committee decided upon measures boing immediately taken to secure the formation of the main line to Old-hill , with a spur to Cradley-park . With regard to the Waterford and Kilkenny Railway , we learn that negotiations ., between the directors of this and tho Waterford and Limerick Railway are nearly completed . The Kilkenny lino will shortly bo leased to -the latter company , who , of course , will have to pay to the loan commissioners the heavy Government debt due by the Kilkenny board .
The London and North Western Bailway troflje return shows this week on increase of £ 5 , 276 j the Great Western an increase of £ 8 , 051 ; the Groat Northern an inoreaso of £ 2 , 315 ; ana tho London and South Western an increase of £ 1 , 577 . Tho half-yearly meeting of tho Perth and Dunkeld Bailway was held on Tuesday . Tho report stated that the capital expended amounted to £ 88 , 270 . Tho revenuo of the half-year ( on which there was a slight inoroaso ) amounted , with the balance from last account , to £ 3 , 110 , and tho expenses to £ 2 , 304 , leaving a balance of £ 724 , from whioh a dividend of 2 per conti , was proposed . The Chairman , in moving the adoption of the report , stated that the disputoa regarding the railway Btation at Perth had unfavourably affected their traffic , and that tho directors had endeavoured to induce both companies
concerned to put a stop to their suicidal proceedincs but without effect . The report was unanimously " agreed to . y The Prefect of the Gironde , with a yjew to preventing accidents by fire-arms , has ordered that no person carrying a loaded gun shall enter any public conveyance or public establishment , and that all captains of steamers , conductors of stage carriages , masters of public establishments , & c , are forbidden to admit such persons without previously ascertaining that their weapons are not loaded
Just as the railway train was leaving Spa a few mornings ago , a young female , handsomely dressed , but in a very disordered state , wished to leave by that train . She had been seen on the previous day at the Redoubt , where she lost several thousand francs , and had probably been rambling about for the whole night . The profits of the bank at Spa had on the day in question amounted , it was reported , to 1 , 113 , 571 francs . .
Port Of London.-—During The Past Week Th...
Port of London .- —During the past week there has been rather less activity . The number of ships announced inwards at the Custom House as havin * arrived from foreign ports amounted to 270 ; there were six from Ireland , and 94 colliers . The entries outwards were 121 , and those cleared were 90 , besides 15 in ballast . The departures for the Australian colonies have been seven vessels—viz ., five for Port Philip of 4 , 748 tons , one for Sydney of 918 tons , and one for Portland Bay of 432 tons ; the total amounting to 6 , 098 tons .
NewEbaih Steam . ^— voyage steamer Guatemala from New York to Panama may be looked upon as the introduction of a new era in steam navigation . This vessel was sixty-three days at sea , travelling 11 , 000 miles exclusively under steam , without touching at any port for coal , thus conclusively proving the competency of steam ships to accomplish long sea voyages , without the necessity of coaling on the way . The Guatemala is a vessel of about 1 , 250 tons ,, with first cabin accommodation for about 100 passengers , and her saloons are very roomy , so as to suit the climate , Her average consumption of coal daily , in good and bad weather , was 12 A tons , but she will run in the
Pacific 10 knots on 11 tons . We need no better proof than this that there is no neecessity for vessels calling at Tahiti or any other port on the trip , between Panama and Australia . If ships are built sufficiently large and suitably constructed , they can carry coal for the' entire voyage with ease , giving plenty of room for freight and passengers . When the Guatemala left New York it was generally surmised she would , like all her predecessors in that voyage , have to touch at one or . two . ports on the way for coal , and it was with no little surprise that people learned on her arrival that she had come
direct . Hitherto a leading point in the discussions on the Australian route has been the halfway stopping place , but now the place , and the time lost m calling at it , may "both be left entirely out of tho question ; and the through trip from port to port may safely be calculated at not requiring over thirty days- —the Golden Age came over jn twenty-eight running days , but lost eight days coaling at Tahiti , or a quarter of the entire voyage . Tins subject is well worthy tlie attention of whatever company may procure the Australian mail contract , and we trust the facts which it reveals will not bo lost sight ot . —
Steam Shipping Chronicle . Steam Whalers . — -Within the last year or two steam-power has been applied to several vessels piosecuting tho northern seal and whale fisheries m Greenland and Davis' Straits . Thus wo nncl tljo following screw steamers fitted out from the' sevenu ports named : —Peterhead— the Inmut , 319 tons , and Jackal j Dundee—the Tay , 008 tons ; and from Hull , the Chase , 438 tons , and the Diana , ** " \ Recent explorations , such as that of Captain M'CUntock in the Fox , have shown the advantages of steam iu forcing a passage through wy o "" " ® » and we find the Jackal wintered in Davis' btraiwi in 57-58 . We have not heard whether tho screw gn cs the vessels any advantages over their colleagues i tho take of seals or whales . — Steam S > h' pp' «' J Chronicle .
We Regrot To Hear That Mr. Robert Stephe...
We regrot to hear that Mr . Robert Stephen *" ' the eminent engineer , is seriously ill . Rowing ACaxop on the Lago Maogioji . k . — Sonw English residents at Turin are preparing to con ouu at tho forthcoming regatta on the Lugo wee }™' Sonao few days since a hurrioano shivered to i « o « tho four-oared outtor wliioh had just arrivcuu " England . Bub , no ^ ay daunted , nnotlwi « is «» dorod from Searle ' s , and it is hoped will an i ° ¦* tlmo ( tho lfith Ootobor ) . Last year tho p » <" in tho three races on tho & ngo . ^ . H were brilliantly oarrlod oft" by English tf < - mon .
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Citation
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Leader (1850-1860), Oct. 1, 1859, page 22, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_01101859/page/22/
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