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No. 503. Kov. 12, 1859.] THE LEADER. 125...
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PRICES OF THE PRINCIPAL STOCKS AND SHARE...
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Last This Week Week STOCKS. 3 per cent. ...
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GENERAL TRADE BEPOBT. Consumption of all...
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FROM THE LONDON GAZETTE. Tuesday, Novemb...
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EAILWAY INTELLIGENCE. The Loni>ok, Dover...
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JOIHT STOCK COMPANIES. An undertaking of...
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Trade in Russia.—A communication from St...
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.
Money Market &J3to0k Exchange. Jymay Icv...
nothing new to communicate concerning the iwnaey market , and the continued sameness is remarked by all as an unusual circumstance . In the Stock Exchange , too , there have been no business transactions of importance , and no changes of importance in the week . Consols were firm today , and closed at 96 $ to & Shares , too were steadv . In the market for foreign stocks , also , the business has been very slack . Such dulness is unfavourable to newspapers , but it speaks Favourably for the public , and indicates a total absence of all disquieting rumours . We subjoin our own Bank An Account . ? i ^ S £ i ? to toeK & th ' aiid 8 tti Victoria cap . 32 , for the week ending : on Wednesday , the 9 th day Of November , 1859 : — ISSUE nEPAKTMENT . . Notes issued ..... ^ 30 , 09 ,. 906 | go vernment g * t MI . CJg . Gold Coin ABullion lf ., 217 , 905 Silver Bullion .... £ 30 , 692 , 905 £ 30 , 092 , 905 BANKING DEPARTMENT . Proprietors' Capi- Government Secutai ........ £ 14 , 553 . 000 ritics ( including Best ...... 3 , 175 , 209 Bead Weight-Public Deposits ( in- Annuity ) ....... . £ 10 . 8 , 5 , 107 eluding Exche- Other Securities .. 1 £ «| 9 . 3 ' 3 quer . Savings' Notes ........ . ... - 8 , 888 , 430 fiauks , ' Controls- Gold and bilver sioners of Na- Coin 612 , 263 tlonal Debt , and ¦ . Dividend Accounts ) .. ^ ....... 6 , 997 , 259 Other Deposits .... 14 , 571 , 619 Seven 35 ay and . other Bills .. 888 , 494 ' £ 39 , 025 , 223 . £ 30 , 023 , 223 BI . MARSHALL , Chief Cashier . Dated November 10 , 1859 .
No. 503. Kov. 12, 1859.] The Leader. 125...
No . 503 . Kov . 12 , 1859 . ] THE LEADER . 1257
Prices Of The Principal Stocks And Share...
PRICES OF THE PRINCIPAL STOCKS AND SHARES AT THE CLOSE OF THE MARKET .
Last This Week Week Stocks. 3 Per Cent. ...
Last This Week Week STOCKS . 3 per cent . Consols—Money .......... 90 * 961 Ditto Reduced , 95 () . "> Ditto New 95 U 5 Bank-Stock « g 224 India . . ~ r * rr ° Exchequer Bills •>* J 1 Canada Government 6 per cent ... ll-js New Brunswick Government 6 per cent . .. ll . $ i 11 : 2 * New South Wales Government 5 per cent . Vn 10 Ji South Australia Government 0 per « ent .. H 3 114 Victoria Government 6 per cent 107 110 £ Austrian Bonds , 5 per ceiit •' Brazilian Bonds , 5 per cent .. Sfi 3- « French Kentes , 3 per cent < W" « n > Mexican Bonds , 3 per cent ~ -i Peruvian Bonds , 4 J per cent •¦ Spanish Bonds , 3 per cent . ' Hff Turkish Scrip , 6 per cent <*& RAILWAYS . Bristol and Exeter 100 lOOfc Caledonian « -4 »* Eastern , Counties 55 X ofl East Lancashire • -, Great Northern 103 102 A „ Western « £ > A M i LancnBlilre and Yorkshire ° S * l ) O f London find Blackwall 0 / 05 * London , Hrluhton , and South Coast H- > , Ha * London and ^ orth-Westorn 0 « A 00 London and South-Western , 0 >>* 05 } Midland .. :: , io < $ ioo North British 59 S OJM North Staffordshire l » n 4 Jd Oxford , Worcester , and Wolvorhampton .. 35 35 Houth-WiiBtern ..... 77 $ 77 SouthWalea 73 73 Bombay , Baroda and Central India ....... 053 ooj Calcutta and South Eastern P » i »" , 4 « Kastom IJcugftl , J ? -J " Emit Indian ... . „ ..,.. 10 ] 4 101 Great Indian ronlnsnln 08 \ 08 J Madras 88 V 0 Solndq 104 199 Buffalo and Luke Huron H f > J Grand Trunk of Canada . i . 40 mi Great Western of Canada 1 * 3 34 j Antwerp nnd Rotterdam * JL 4 A Dutch IClionlsh * Ad 4 Ad Eastern of Franco - '< ¦* Sfljxd Grout Luxemburg ,. "it m Lombnrdo-Venetian ' 12 11 * Northorm of Franco 37 ! l 37 ! J Parly , Lyons , and Modltormnoun ' M & . Iflxd Paris And Orleans GO fifk Southorn of franco Z l UV Western nnd Worth-Woatorn of Friuiuo .. J' 3 nil
General Trade Bepobt. Consumption Of All...
GENERAL TRADE BEPOBT . Consumption of all kinds continues good ami productive , ns also ( ictlvu . Our population is rapidly inorejising , and it is nil well employed , and well puld . Consumption , therefore must lio Incrcattlngj nnd yotj , pi'leos of no lcind are high , or are rising . Our imports nnd stocks niusb have boon lurgu to supply Our Inoi'auaing wants , without nny rjao of prioo . At present there uro indioatlona thut tho prloo of corn ,
¦ which tends upwards to-day in Mark Lane , has passed its lowest level . AH the continental markets are so dear that importation to any extent is no longer profitable . But -we must import corn , and , therefore , we may 'anticipate a rise in the price of . corn . Our seed time has not been favourable , which also indicates hardening markets . Fortunately a good demand continues for the produce of our industry ; and if prices should rise a little , the people can bear it . They are no longer in such a depressed condition as to be half starved whenever wheat rose a few shillings a quarter . From our manufacturing districts the reports continue favourable . A rise in the price of cotton in the face of an extraordinarily large crop , and a rise in the price of wool at the rates of Colonial wool , which began this week-, denote continued activity in the cotton and woollen manufactures ^ If trade could escape the influence of politicians , if it could be sure not to be disturbed by quarrels , and rumours of quarrels , it would now be as full of satisfaction as it is extensive ; but amongst manufacturers we find apprehensions of political events , which impede their operations and fill them with uneasiness . They want the assurance of continued tranquillity , and this is all they want to be extremely well pleased and prosperous . All the Mincing-lane markets are dull , without material alteration . Tea , -which was expected to be lively from the Chinese interruption , is particularly dull .
From The London Gazette. Tuesday, Novemb...
FROM THE LONDON GAZETTE . Tuesday , November 8 . BANKRUPTS . James Owen , Westminster-bridge-road , grocer . Robert Milburn , and James Llewellyn White , Cheapside , and Martin , Jeune , and : Co ., Paris , merchants , Friday , November 11 . BANKRUPTS . William Cullingford , Gerrard-street > Soho , woollen draper . ¦ Edward Gibson , Brook ' s-mews , Hyde park-gardens , livery stable keeper . John Jeyes , Northampton , seedsman . Robert Oakley Wilkins , Appledam , Surrey , corndealer . Mathe-w George White and John Hector Manro , Strand , picture dealers . James Wvcherley , Adderhury , Oxfordshire , maltster . Thomas Allen , Newport , Monmouthshire , corn factor . William Knapton , York , iron founder . George Henry Edwards , Birmingham , victualler .
Eailway Intelligence. The Loni>Ok, Dover...
EAILWAY INTELLIGENCE . The Loni > ok , Dover , and Chatham Railway Company propose to carry their line over the Thames , and , by means of an arch over ] Ludgate-hill , to proceed to the eastern side of Farringdon-street , where it will be necessary to clear a space for a terminus . The site is one of the very best that could be chosen in the whole metropolis , within a stone's throw of Newgate-iuarket , St . Paul ' s , and Cheapside , three minutes' walk from the Post-office , within sight of Holborn and the westward roads , and near the intended site of the Metropolitan Railway . A final call of £ 4 10 s . per share . on the additional capital A of the Bombay , Baroda , and Central Railway , has been made payable on the 30 th inst . The half-yearly meeting of the Danube and Black Sea Railwa y and Kustendjib Harbour Company is called for the 29 th inst . A call of £ 3 is to be paid by the 5 th December on tho new shares of the Great Western Railwayov Canada . A special meeting of this company ie called for the 22 nd inst . . in London , and for the 24 th Dec . in Canada , to consider " a proposition to exchange the existing third . and fourtji mortgages granted by thp Detroit and Milwaukee Railway Company , for the loans of 250 , 000 * . made to them in virtue of resolutions of this company passed Nov . 2 , 1857 , and l ^ oV . 2 , 1858 j and . to take xn lieu thereof a similar amount of an issue of 5 Q 0 , O 00 J . of preference shares , created under the authority of act granted to tho Detroit , and Milwaukee Railway Company , and which is to be secured by a mortgage upon the property of that company . A final understanding has boon come to as regards the joint use of tho Perth general station . Tho whole niiittor iu dispute , which led to , tho formation of a new station at tho Glasgow-road Bridge , has boon amicably settled between tho directors of tho Scottish Central nnd Scottish North-Eastorn Raihvuys » and the terms of arrangement only require tho up- ; proval of tho Scottish North-Eastern shareholders . < Tho necessary station buildings and accesses are < provided for , nnd tho Scottish North-Eastern Com- ' puny uro to rosuino their uso of tho gonornl station i in aU respects us ibrinorly . ' A call of X ' i is to bo paid on tho slmvos In Hie t Uwia and DimAiiuno Railway Company by tho ( 15 th Dcjoembor . ' The LoNucor and North Wicstehk Haimvay t radio rot urns shows this woolc the largo increase r
of £ 10 , 274 ; the South Eastern an increase of £ 1 , 505 ; the Great Northern , an increase of . £ 1 , 779 ; and the Xbndon and South Western , an increase of . £ 664 . According to announcement , the Castle-Douglas and Dumfries line was opened on Monday for general ' traffic , and a portion of Galloway now enjoys the advantages of railway communication . The first passenger train passed along the line to the entire satisfaction of all the passengers , the motion being smooth . ^
Joiht Stock Companies. An Undertaking Of...
JOIHT STOCK COMPANIES . An undertaking of some importance is announced , u « der the title of the Ockan Marine Iksvranci Company . The capital is fixed at one ¦ million , in £ 25 shares , of which it is proposed to call up £ 200 , 000 , or £ 5 per share . The prospectus sets forth that additional facilities are required foreffecting marine insurances in this city , and that the existing marine insurance companies were all formed prior to the year 1825 , since which period the commerce of the " country has nearly trebled in amount . It also draws attention to the enormous premiums commanded by the shares in the established companies . As soon as the measure introduced by Government last session , extending to insurance companies the principle of limited liability , is passed , this company is to be registered under its provisions , and meanwhile , in every transaction entered into by the company , the liability of each shareholder is to be " specially restricted to the amount of his shares . " The names attached to the prospectus are highly respectable , and include those of the chairman of the St . Katherine Dock Company , and two of the directors of the London Dock Company . At a meeting of the directors of the Bank op Bombay , held on Thursday , the 6 th of October , in the Bank-ofiice , Mr . James Blair , deputy secretary , was promoted to be secretary and treasurer , from the date of Mr . Stuart ' s retirement in March next . Another special meeting of the proprietors of the bank was also held on the same day , when on the motion of Sir Cursetjee jamsetjee , seconded by Framjee Nusserwanjee , Esq ., it waslunanimously resolved that a gratuity of tliirty thousand rupees be presented to Mr . Stuart on his retirement . A new project is in course of organisation under the title of the Anglo-French Marine Insurance Company . The capital is fixed at £ 100 , 000 , but power is to be taken to increase it to £ 1 , 000 , 000 . Branches are to be opened in the principal seaports at home and abroad , and it is mentioned that a board is being formed in Paris and Havre . The half-yearly meeting of the Imperial Continental Gas Association is called for the 30 th instant , to declare a dividend ,
Trade In Russia.—A Communication From St...
Trade in Russia . —A communication from St , Petersburg says : —The scarcity of specie is severely felt here in trade ; there is a deficiency even in the copper coinage , and people are compelled to supply its absence' 1 > y paper tickets . The consequences of the excessive speculation of 1857 are noAy felt most grievously . There exist in Russia 104 joint-stock companies , sixty-four of which were founded in 1857 . Several of them have been compelled to wind up their affairs . The companies engaged in metallurgical operations ; the St . Petersburg hardware manufactory ; tho Dniester Navigation Association , and tho agricultural company have lost portions of their capital amounting to 80 , 000 , 240 , 000 , 480 , 000 , and 900 / 000 silver roubles . In Poland , many merchants have suspended payment . The Government intends to create a new mortgage system for the relief of the landed ' interest ; also , to pass a now bankruptcy law as a safeguard for creditors , llie regulations relating to trade licences are also to be rpviscd ' The ' Grbxk Loan . — The Times says that England , France , and Russia hnvo at length agreed to coerce the dishonest Government of Greece into making some partial- provision for tho payment of tho intoreaton tho Greek loan of £ 2 ,. ' 343 , 750 , contracted slx-nnd-twenty yoars ago , under the ffuarantoo of the three powers , who have been eft throughout tho ixwiod to provide for tho liability . Tho sum now to bo extorted from her Is , however , nnlv £ 30 . 000 per annum , while tho amount actually requirod is , £ 107 , 187 , to say nothing of any repayment for vast defaults . Tho othor loans granted to } nablo hor to gain her freedom sho has dishonoured luring hor wliola existence as mi independent state . rhoy wore contracted respectlvily in 1824 and 1825 , md now amount , with arrears , to about £ 7 , 000 , 000 . Dn th ' eso tliero is no guarantee , tho only security of ho bondholders holng tho pledged fliith ot tlie > rpolc nation— -a commodity \ vl \ iuh tor many years uis boon entirely unmarketable . Nmw Sahdjman Loan . — The ncoounts trom Italy uontlon that ; tho Now Sardinian home loan of
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Citation
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Leader (1850-1860), Nov. 12, 1859, page 21, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_12111859/page/21/
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