Current:

Leader (1850-1860), 18th December 1858, Edition 2 of 2, Page 28, Finance in Fbancb.—A principal topic of ...

Page 28
Page 28
28 of 32

On this page

  • Departments (1)
    • DR. DE JONGH'S (Knigh t of the Order of Leopold of Belgium?) LIGHT-BROWX COD LIVER OIL,
  • Adverts (5)
  • Text (5)
  • Transcript

    • 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.

      1396 __ T Jl E Leade R. [No. 456, Decemb...

      1396 __ T jl E LEADE R . [ No . 456 , December 18 , ia $ . g

      Money Market And Stockexchange. Friday E...

      MONEY MARKET AND STOCKEXCHANGE . Friday Evening . Bills are discounted at the Bauk terms , 2 £ jier cent ., which is the general rate . Money is easier to-day than it was yesterday and in the previous days of the week , and the probabilities are that it will become still easier . The funds were firm to-day at the close of the market , though yesterday and to-day at the beginning they -were weak . Consols closed at much the same prices as yesterday . The telegraph brought an improvement in the prices on the Bourse at Paris , which had a

      favourable effect on our market , and gave all things a cheerful aspect . Railways have been steadily rising through the week , owing to the favourable reports of the traffic on them ; and the public , which has for a long time stood aloof , is beginning to invest in them . For the moment the Great Northern is less in favour tlian some other lines , while the Midland has been much sought after . Altogether business in the public securities wears a more cheerful aspect than for some time past . There is no unfavourable news from the Continent ; money is as abundant there as it is here , and the dealers in them , who have of late had but little to do , look forward to improved times .

      It may be of some use to the members of the shipping interest if we state—though many of them probably know the fact already—that in Holland , according to recent accounts , the shipping interest is in a worse condition than has been known for a long period . There is so little employment for much of the shipping there that the shipowners forego all remuneration , happy if they can only * find employment for it which pays the expense of preserving the vessels . "We are not surprised that all the dock companies have written to the Titties to explain that warrants

      for goods in their keeping are as sound and securely as ever they were supposed to be . Such goods are never parted with but to the holder of the warrants properly endorsed by the parties who deposit the goods . We have no recollection of any such frauds Bein" - perpetrated by means of dock warrants for goods deposited with the companies ; and till the time of Messrs . Windle Cole and Co . such frauds were , we believe , unknown . Accordingly , dock warrants , till that time , were esteemed a perfectly safe security , and great was the consternation when it was practically demonstrated that they could be vitiated . The clock companies have done well to explain the nature and vindicate the character of warrants ,

      though the work was chiefly made necessary by the erroneous description of these documents which was put forth by the Times . The arrivals of bullion in the week seem about equal to the exports , though the latter include 120 , 000 J . as part of the loan to Chili , and 200 , 000 / . expected to be sent in silver to India on Monday . The very old banking firm of Robarts , Curtis , and Co . has admitted Mr . J ? . M . Weguelin and Mr . W . Cotton Curtis into partnership , the firm being in future Robarts and Co . The cable of the Atlantic Telegraph Company has been underrun from Valentia to the extent of eleven miles and found uninjured . The defect in the cable is therefore further off , and we regret to learn that the finances of the company are insufficient to enable therri to repair the deficiency or lay a new cable . What will be done the company much

      cannot yet say , hut the enterprise is of top importance and too sure ultimately to succeed , not , on some terms or other , to be carried on . Thq company had a meeting on Monday , at which several projects were discussed and nothing decided . A second , however , called the South Atlantic Telegraph , has been announced , which is to connect the Land ' s End with Cape Finistere , Gibraltar , the Cape Do Verd Islands , and ultimatel y Brazil and North America . This is the most gigantic plan of ocean telegraphs yet announced ; whether it have a ohanoe of success we will not undertake to say . The Government , of India is about to issue in London bills at throe days' sight payable at Bengal and Madras , for interest on Government promissory notes previously indorsed ia India for payment here . The railway traffic for the week qontinuos to show nn improvement— -another indication of not inactive business . , Ouo of the earliest and most satisfactory examples

      of English capital and enterprise to be extensively applied in India under the fostering care of the new Government , is the Madras Irrigation and Canal Companv , of which the prospectus has just been issued . Of the wonderful utility of water in a country like India ,- no proof is now required . Fertility depends on it . The object of the company , which is incorporated by act of Parliament , is to form a complete system of irrigation and canals as a means of transport . The company contemplates extending its operations over a district of four hundred thousand square miles , throughout which cotton can be cultivated , while ¦ t he canals will place the district in easy , commuiun . itinn with the ocean . Hitherto such works have

      been undertaken in India by the Government exclusively , which has monopolised their immense advantages . Private enterprise , if duly protected , may succeed even better than Government , and the Government will not only protect this enterprise , it will guarantee the company a certain reward .

      From The London Gazette. Tuesday, Decemb...

      FROM THE LONDON GAZETTE . Tuesday , December 14 . BANKRUPTCY ANNULLED . Joskph Samuel Ocston , Kingston-upoii-Hull , wine and spirit merchant . JOINT-STOCK COMPANIES WINDING-UP ACTS . The Patent Carpet Company . —Petition for winding up , to be heard Jan . 5 * at two o ' clock at the Bankrupts ' Court . ¦

      BANKRUPTS . Thomas Williams , Jermyn-street , dealer in wines and spirits . Daniel Mesnard , Park-street , Grosvenor-square , cutler . James and William Bahkeb , Albany-road , Old Kentroad , builders . James Tbbbut , jun ., Yeading Hayes , Middlesex , corn dealer . Henry Ranger Parton , East Greenwich , Kent , grocer . Edward Robert STANLEV , Kirby-street , Hatton-garden , jeweller . Eliza Pebrins , Saltley , near Birmingham , artificial flower maker . James Henly ( and not IIenty , as in former Gazette } , Norris , Birmingham , paper dealer . Joseph Goodbarn Thornton" , Richmond , Yorkshire , watchmaker .

      SCOTCH SEQUESTRATIONS . William Otto Watson , Glasgow , spirit merchant . James Finlay , Newlands , Kinross-shire , farmer . Joiu * Carruthers , Annan , innkeeper . Robert and . William Hill , Hamilton , ale and porter dealers . Alexander Sinclair , Wick , fish-curer . Friday , December 17 . BANKRUPTCY ANNULLED . William Wkller * Woolwich , stonemason .

      BANKRUPTS . George Rogeiis , Abchurch-lane , City , stockbroker . Frederick Edward Bear , Crown-row , Mile-end , tobacconist . George Henry Venables , Clapton ' s Mills , near Beaconafield , Buckinghamshire , paper-maker . Samuel Unwin , Nottingham , draper . William Jackson , elder , Kingston-upon-Hull , soapmanufacturer . Thomas Hastings and Samuel Heron , Kingston-upon-IIull , drapers .

      SCOTCH SEQUESTRATIONS . Andrew Gillkspie , Edinburgh , merchant . J . Smith and Co ., Helenaburgh , Dumbartonshire , coal agents . Alexander Wallacb , Glasgow , wrighfc and builder . William Miller , jun ., Springfield , Glasgow , oil merchant . John Campbkll , Queen-street , Glasgow , seed merchant . William M'Larty , Invercloy , near Brodick , in tho { aland of Arran , grocer . Elizabeth Cuthbektson , Edinburgh . Robert Ross , WUlowbank , near Wiok , Caituness-ahire , shipowner .

      Finance In Fbancb.—A Principal Topic Of ...

      Finance in Fbancb . —A principal topic of convocation during last w « ok was the establishment of » groat discount bank on a large scale , to be called the Imperial Baqk , " or " Commercial and Manufacturing DiBcountofflce . " The statutes have been laid before the Council of State for its approval . Tho capital of the now establishment is to bo 60 , 000 , 000 f ., of which , ono-thlrd is to bo applied to tho discount of commercial bills having ninety days to run . The new establishment will be allowed to lend money on deposit of dopk ; warrants , bonde , transferable socuritioa , and ou mortgages , to which a third of tho capital la to bo- devoted . Hie laat third of tho company is to be employed , according to elroumstancos , in tho support of publio credit . Iho new Dank may propose for Government loans , may purchase Government rentes or railway shares and bonds ,

      Finance In Fbancb.—A Principal Topic Of ...

      but m all Stock Exchange operations it must nnr . j , ^ for cash , and never for time . The Government t ™ time since , proposed to the Directors of thlr e d'Escoinpte to increase their capital to 60 OOti Onnf * condition that the Government should npnoinf' » r ' ° nor and a Deputy-Governor . The Co 2 K t 5 i ^ that case have been charged with all advances on » 1 ? securities , the negotiation of warrants and ad the bakers' fund , and that of the public works eS ^ by the city of Paris . The proposal of tta ^ ££ 2 was rejected by a majority of three votes . UYemm ™ t The Coal Supply of London . — It appears tw the importation of coals , culm , and cinders into thereof London in the past month were 271 ft » a ? brought in 845 ships . In the corresponding ' montft 1857 , the importations were 333-. 1 GG tons ; The irano tations by sea have increased , while the deliveries t > railways and canals have decreased , as compare d vrhl lost year . The total receipts from all sources have been 1 , 013 , 397 tons in 1858 , against 3 , 923 , 07 G tow in 1857 leaving an increase of 90 , 3 : 21 tons . '

      Christmas Cattle Maiskbt . —The pendant to thgreat cattle-show in the market at Copenhagen-fiel ds presented one of tho finest exhibitions of the kind witnessed in the metropolis for . years . The number of short-horns was greatly in excess of all other kind ? and they were remarkable for beauty , breed , and condition The Herefords ranked next ; while smailness of bone and medium weight were the leading characteristics of the Devons . The- show of Scots was a magnificent one , and not a few of that splendid breed were as heavy as their statelier neighbours . Neither the Welsh nor Irish su pp lies were remarkable , and the condition of the few foreign beasts brought forward was only of a middling character . The total import of foreign stock into London last week amounted to 4323 head , and it is computed there could not have been a less number in the market than between 5000 and 6000 . The attendance

      of both town and country butchers was very large , and there was a fair , but not active demand , for all prime beasts .

      Dr. De Jongh's (Knigh T Of The Order Of Leopold Of Belgium?) Light-Browx Cod Liver Oil,

      DR . DE JONGH'S ( Knigh t of the Order of Leopold of Belgium ?) LIGHT-BROWX COD LIVER OIL ,

      Ad02806

      Prescribed , in consequence of its vast superiority over every other kind , as the safest , speediest , and most effectual remedy for CONSUMPTION ' , UKONCIIITIS , COUGHS , GOUT , RHEUMATISM , NEURALGIA , IHSKASKS OK THE SKIN , IX FANTILK WASTING , RICKETS , GENERAL , DEBILITY , ¦ AND ALL SCROFULOUS AFFECTIONS . opinion of A . B . CRANVILLE , ESQ ., M . D ., F , R . S ., Author of " The Spas of German ;/ , " " On Sudden Death , " 4 c . $ c . Dr . Granvillc has found that Dr . . do Jongh ' s Oil produces the dftsircd effect in a shorter time than others , and that it docs not cause the nausea and indigestion too often consequent on tho administration of the Palo Oils . Spld only in Imperial Half-pints 2 s . Od . ; Pints , 4 s . 9 d ; Quarts , 9 a ., capsuled and labelled with Dr . do Jongha signature , without which nonb can possibly bb genuine , by many rospectablc Chemists . S OLE AOENT 9 , -rp AXSAR . IIAItFORD . nnd CO .. 77 . Strand , London , A > . t .

      Ad02807

      CAUTION TO INVALIDS . Frequent attempts being nrnclo by some Ch « nW « ' « gg Druggists , when Dr . do Jongh ' s Light-Brown CpOL jverj / u is applied for , to intrusively recommend , or wmoptittousiy substitute , from obviously interested nio » vcs . a fJJJg Yellow , or Coarse Brown preparation , oithe -totally-more or seriously pernicio . ifl . purchasers are w ™ w « y " «« tnonded , whenever UIBlculty J * !*' . " d ?^ " " WSoto WO . __—

      Ad02809

      "" ~~ ASTHMA . DR , LOCOCK'S PUUMONIC WAFERS Glvo instant relief and a npljcjiro of ^ XknTlS tion . coughs , and ? 11 dlHordors of tlin . i > r «^ u j n . To SINGERS and PUBLIC SPbAKWW ™^ T , ) ey va ' uablo for oloarlnff w \ t l ** ?" Vid 2 s Jhl . WH » . P «' liavon pleasant tasto . l ' rlco is . ' S '' -. ^ - WU | box- Sold by all DrugRists . __~—

      Ad02808

      t i I , — DEAFNESS AND NOISES IN THE HE * - . T 5 RKISH T ^ TMBOTg ^ -gaSS as ^^ n ^ ii ^ 'js ^ fc ' tfSB square , London , W . C . GoimuUliiff ' > ouru wuvu daily . _ . -

      Ad02810

      MSM ^ JIli l ^ ' Medical Galvanism , " whloU l >« ^/ ° bSolil ofTeoto ol rocoipb of Two 1 ' oatagp Stamps r ' « . A" JAuiar 1 'otfor W GftlvttuiHm in oaaoa oA ' aralyslH , Lo »« of M » Jtw' » ro »«{ any part , Astlima , Indliroatfon , "" t'ffimaiiiior . niid ^ oxenvordlnary whon applied liinMo » J " ^ , Ton to TWO itfX TOS ^ Uva u ^ « "l- « •« *» " " UAOll .

  • Citation
    • Leader (1850-1860), Dec. 18, 1858, page 28, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_18121858/page/28/