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Leader (1850-1860), 5th November 1859, Edition 2 of 2, Page 22, a234 THE ' , iriK A DEB. {No. 502. STov....

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      A234 The ' , Irik A Deb. {No. 502. Stov....

      a 234 THE ' , iriK A DEB . { No . 502 . STov . 5 , 185 Q .

      Money Market & Stock Exchange.

      MONEY MARKET & STOCK EXCHANGE .

      Friday Evening. Money" Is In Good Demand...

      Friday Evening . Money" is in good demand—the rate of discount the same as the Bank minimiin *—2 £ per cent . The market is therefore very steady , without any pressure . It is said , that the Bank , in consequence , is not getting many bills . There is always a good demand for money to meet bills on this day , but on the present occasion the demand is by no means . excessive . The Stock market , too , was decidedly steady today , and for some time has been without any great fluctuations . Consols opened at 96 to 96 & , but showed a disposition to firmness , from a report that England is to take pa rt in a congress which is looked o n as a guarantee of peace an d quietness . At the close of the market Consols were 96 £ . There are continual arrivals of gold , but the Tvhole is taken for the foreign markets . For some time England has been the entrepdt of all bullion operas tions . She imports the precious metals from all the producing countries , and distributes them over the world . In this there is something more than at first strikes the mind . The precious metals are everywhere used as the . measure of value , and as England controls the distribution of this universal instrument , she consequently has more influence over the genera business of mankind than is measured by the influence of her Government . . The general steadiness which is now noticed in mercantile and money affairs is the real commercial phenomenon of the hour . Perhaps . it has some reference -to the fact that the price of wheat has undergone no important change for twenty-one months . Perhaps it is connected with the great success of trade . It has grown so much as to be independent of or above all petty changes . Its magnitude gives it the characteristics of a great general fact or law which is not liable to interruption or change . It is yet partially affected by political regulations , but its stability and regularity are due tO its extent . It is quiet and steady , because its bulk is so gre at that no petty force can move it or impede its onward march ; It is less interesting than it was , because it is less liable to fluctuations . A further loan , for the East Indies on railway debentures to the amount of , £ 1 , 500 , 000 is announced . People are very much disposed to laugh at the assertion of the Morning Herald , to-day , that the preservation of the piratical and barbarous empire . of Morocco is " essential to our mutual safety . " They cannot believe , though the great organ of the Conservative party asserts it , that England can only maintain her power and her greatness by maintaining the integrity of a State which has long been the enemy of all Christendom . The Conservative oigan does a grievous injustice to England , and magnifies , most unduly , the influences on Europe of the possession of Morocco of the southern shore of the Straits of Gibraltar . BANK OF JBNGI * A 3 SD . An Account , pursuant to the Act 7 th and 8 tji Victoria . cap . 32 , for tho week ending on Wedueeday , the 2 nd day of November , 1859 : — rSBUE DEPARTMENT . ' Notea issued £ 80 , 756 , 005 Qoyernmont Debt £ 11 , 015 , 100 Other Sepurltles .. 9 , 459 , 000 Gold Coin & BuUion . 10 , 280 , 005 Silver Bullion . ..., t-£ 30 , 766 , 006 £ 30 , 766 , 905 BANKING DEPARTMENT , Jhropri « tore'Capi- Govenuncnt Scau-B ^ :::::::::::::: * TiM Pu ^ W » - _ _ K & , fi 3 £ . »^ -sv . v « v 2 !« eionero of Na- Coin 086 , 481 tional Debt , and Dividend Accounts ) 6 , 612 , 688 Other JDopoHitB .... 14 , 67 ^ , 011 ) Seven Cay imd other BHIb < K > 7 , 178 ______ £ 38 , 070 , 114 £ 88 , 076 , 114 M . MARSHALL , Chief Oflflhler . Dated November 3 , 1860 .

      General Trade Report.

      GENERAL TRADE REPORT .

      Friday Evening. 'Tnn Corn Market Was Qui...

      Friday Evening . 'Tnn corn market was quiet to » day In Mark-lane . In general the terms ore unaltered , and steadiness characterises the corn markets . At the eamo time tiwre < mtujt expect a rise , The weather continues -exu * r « melv nniavourablo to 'sowing winter corn . In general only a very small iporMon has been « wwn ,

      and as long as the ; " wet weather continues , sowing impossible . A bad seed-time is generally the pre cursor of a bad harvest , and it is modern wisdom to foresee these distant evils and allow them at once to influence the markets . All other markets : are quiet and steady / In the manufacturing districts , there is a general tendency to' activity . In France , too , trade , especially at Lyons , looks more hopeful , and in the United States the imports continue to be very large . Our trade is now another name for the trade of the world , and as we flourish all the nations which trade with us may flourish likewise . . s 3

      9 And Jubbulpore Shares, Payable By The ...

      9 and Jubbulpore shares , payable by the loth De - cember . 3 An extraordinary general meeting of the Cale 3 donian Rail wax Company is called for the 15 th inst , at Glasgow , to ratify an agreement for an 3 amalgamation with the Edinburgh and . Glasgow ^ q j r Scottish Central nailway Companies . ° . t ————i i . is

      3 ¦¦¦ ¦ ¦¦ ' ¦¦ . 3 Joint Stock Companie...

      ¦¦¦ ¦ ¦¦ ' ¦¦ . 3 JOINT STOCK COMPANIES . ¦

      S • • = . . 3 The Prospectus Has Been Is...

      • • = . . The prospectus has been issued of the London Ropery Gompant , with a capital of . £ 30 , 000 ia ^ £ 10 shares . The object is to carry on and extend the business of a rope manufacturing firm , which with a branch at Whitby , is stated to ha ve been in successful operation for the last ten years . The proprietors take the whole of their consideration in shares , which are not to carry dividends until a dividend of 15 per cent , shall have been realised on the subscribed capital . A payment of . £ 13 , 138 has been made by the directors of the Madras Irrigation and Cakal Company to the Indian Treasury , giving , with previous instalments of a different character , a total of £ 402 , S 33 , on account of the capital of the company . ¦ Th e report of the Inland General Stkam jSTavigation Company for the first half of this year shows a profit of Rs . 4 , 38 , 479 which will pay the shareholders at the rate of 50 per cent , per annum . For the same period the Calcutta Auction ¦ Companyhave declared a dividend at the rate of 10 per cent , per annum . The share list shows 250 proprietors , holding 5 , 089 shares , on which the sum of lis . 2 , 58 , 580 has been , paid up . The outstandihgs amount to a large sum . An undertaking- lias been instituted , called " The Agricultural Engineers' Company . " The object is to establish in ^ London a depot of the best ngriciiltural engines and machinery , to which buyers from the colonies and foreign countries may resort . The shareholders are principally lai-ge manufacturers , and the Board is composed of experienced persons . At a meeting of the British and Irish Magnetic Telegraph Cojii'any at Liverpool , Mr . J . C . Ewart , M . P ., in the chair , a resolution was unanimously adopted , authorising the directors to raise £ 70 , 000 for further extensions . The . prospectus of the Great Northern . Copper Mining Compa . yy of South . Australia ( Limited ) has been issued , the capital being ^ £ 160 , 000 in 80 , 000 shares of . £ 2 each , 10 s . to be paid at the date of application , and a , further sum of 10 s . per share at the expiration of one-month from the date of allotment . The company propose to work the valuable properties known as Chambers ' s Mines , situated about 140 iniles . north of Port Augusta , in the colony of South Australia , and it is alleged that the resources arc considerable . The local government appear to be prepared to aflbrd facilities for their development .

      Prices Of The Principal Stocks And Share...

      PRICES OF THE PRINCIPAL STOCKS AND SHARES AT THE CLOSE OF THE MARKET .

      This Last Week Week

      This Last Week Week

      Stocks. 3 Per Cent. Consols—Money 96a 96...

      STOCKS . 3 per cent . Consols—Money 96 A 96 J Ditto Reduced Oil W 5 Ditto New VHj 05 Bank Stock . 2 * 4 227 India ,... 221 * 224 Exchequer Bills 28 31 Canada Government 6 per . cent . ... ; 115 * New Brunswick Government 0 per cent . .. .. H 3 J New South Wales Government 5 per cent . .. llKi South Australia Government 6 per cent .. ... 113 Victoria Government 6 per cent ; .. 107 Austrian Bonds , 5 per cent .. .. . Brazilian Bonds , 5-p . e . r cent ,...... ; ... .. 101 J French Rentes , 3 per cent 69 G 5 Mexican Bonds , 3 per cent . 22 J UX $ Peruvian Bonds , 4 J per cent ' .. Spanish Bonds , 3 per cent 44 | Turkish Scrip , 6 per cent ......... - .. . ? 8 f KAIL , WAYS . Bristol and Exeter 100 100 Caledonian . ¦ t Mi- . 9- 'i Eastern Counties .- ¦• 56 $ 55 f East Lancashire Great Northern - 104 103 . „ Western f > 5 05 * Lancashire and Yorkshire 98 96 $ London and Blackwall . GOJ 07 London , Brighton , and South Coast 113 | 113 London and North-Western 90 * 95 £ London and South-Western 90 j 95 * Midland 106 | 105 * ¦ North British , GOg 5 < J | North Staffordshire 4 d 13 J Oxford , Worcester , and Wolverhampton .. 34 £ 35 South-Eastern ~ 8 & ~ i South Wales .. 75 73 Bombay , Baroda and Central India .. 9 oJ Calcutta and South Eastern id par Eastern Bengal 13 d lid Eastlndian 101 ^ 101 * Great Indian Peninsula 9 S . J » 8 j Madras 84 68 Scinde , 20 . 19 * Buffalo and Lake Huron Si 5 j Grand Trunk of Canada , 38 A 4 Q Great Western of Canada 14 j 14 g Antwerp and Rotterdam .. 4 * Dutch Khenish 4 d 4 £ d Eastern of France 27 * 2 ?| Great Luxemburg 78 74 Lombardo-Venetian 124 12 Northern of France 37 f 37 $ Paris , Lyons , and Mediterranean 30 { 30 $ Paris and Orleans , 65 50 Southern of France 21 21 Western and JNorth-Western of Franco .. 23 23

      ] ' From The London Gazette. Tuesday, No...

      FROM THE LONDON GAZETTE . Tuesday , November 1 . BANKRUPTS . Bennett Barnett , Burlington-gardona , Bond-street dealer in pictures . , . William Layton , Landport , Portsea , Hants , bootmaker . William Chesworth Caldwell , Nassau-place , Conimevcial-road East , tailor , . James Barnard , Jan ., Aldorshottj licensed , vietuullei . George Kindersley Jackson , Ehzabeth-strcut , South Pimlico , grocer . Esther Louisa Mayne , Exeter , milliner . Thomas Simister , Liverpool , pastrycook . Samuel Russell , West Hartlepool , builder . Friday , November 4 . , bankrupts , William Attwells , Arundel-strcot , Strand , vlctuu ^ . Charles lCoeber , Vigo-street , Regewt-atvoct , MiUUicBc . \ , woollen draper . , ^ .... n jj William Maynnrd Aylward , Sermon-lano , Doctors Commons , City , Tvine merchant . Walter Phillips Ghumyon , Wverpool , olotlihn . Samuel Walters and Thomas Wulters , Cnvurswou , cattle dealers . , „„ a . ... r . Thomas Henry FatrhaU and William Wuter , Jun ., ^ n don-road , Southwark , ironmongers . w , i , wimr Wi . Uam Rax , Waiwlsworth and Putney , cow « U V Edward Loatherlanas , Aston-stroot , Toll luud , lW m > licensed victualler . _ . . , n , i .,.. Poroivall Tunstall , QoWen-hiU , Staflbrd , l ) iill « l « Benjamin Geldart Wle , Heaton , M iddles , InlcK m toon Millard and . Richard Ha court , Bln » l » lwn , modellore . Oharlos Willmer , Liverpool , printer . , Thornus Joseph Porter , Jweph Walmsley Portoi , WJJ } J Walmsley Porter , anU Robert Rogers , Salfwrd , scvow uow manuiUoturers . BOqXOiX DANKHWTS . Robert Angus , L « lth , milliner . Georffo wStmm , Borelonds , PertlisUire , farmei .

      Railway Intelligence. ]

      RAILWAY INTELLIGENCE . ]

      Tub Half-Yearly Meeting Of The Bahia And...

      Tub half-yearly meeting of the Bahia and San Fhanoisoo Railway Company took place to * day , Mr . Samuel in the chair . The report was satisfactory as to the progress of the works , and it is expected that the first section will be opened in June next . The call made in May last of £ 2 per share had been duly responded to . The directors contemplate making calls to the extent of £ 5 per share in the ensuing year . The accounts showed a balance of receipts over expenditure , ' on- 20 th of September last , of £ 48 , 153 . The report having been adopted , a vote of thanks was passed to the directors . The traffic receipts on the Great Western Raiuwatt of Canada , for the weak ending the 14 th of October , exhibited a decrease of . £ 152 as compared with the corresponding period last year . The directors of the East . Indian Railway Company notify that they will receive applications until the 12 th instant for JTive per Cent . Debentures at par , to the extent of 1 , 600 , 0002 ., for five years . Tho payment of the principal And . interest is guaranteed by the Secretary of State for India , in Council . Tho option of conversion is thus expressed ; " The holders will have the option , at tho expiration of 12 months from the date of tho bonds , and thenceforward , upon giving one month ' s notice at any time before the same become payable , of converting them into Extension Shares of 201 . each , bearing 5 per cent . Interest ; " The directors have also naade a call of 51 . on the HE 1 Extension ' I

  • Citation
    • Leader (1850-1860), Nov. 5, 1859, page 22, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_05111859/page/22/