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withheld There is ¦ ' ' , ¦ ¦ : ¦¦ '' • ...
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JOINT-STOCK COMPANIES. An extraordinary ...
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THE METAJL MARKET. W» copy from Trueman ...
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Riff Piuatks.—The Brussels Indcpendancc ...
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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.
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Home, Colonial, & Foreign Produce Market...
2603 hds ., including Barbadoes at 39 s . to 45 s . for low tofineyelW ; Jamaica , 40 s . to 41 s . 6 d . ; and Crystallised Deraerara , 40 s , 6 d . to 47 s ., the last named being rather cheaper ; 2000 bgs * Mauritius in auction were chiefly sold , brown at 31 s . 6 d . to 39 s . 6 d .. ; yellow , 10 s , to 44 s . ; 3200 bgs- Madras brought 42 s . to 45 s . 6 d . ; for grocery 4000 bgs . Bengal ; Benares , 45 s . Ud . to 47 s . 6 d . ; grocery , 44 s . 6 d . ; and dry brown , 31 s . 6 d . per cwt . The public sales of foreign were nearly withdrawn or bought in , 13 , 750 bgs . Manilla at 34 s . to 35 s . 180 brls
for middling to good unclayed ; lOOOhds . and . foreign Muscovado , at 38 a . to 39 s . 6 d . for brown ; 40 s . 6 d . to 43 s . for yellow ; but 1100 bxs . Havanah ( damaged ) , -were mostly sold : floretts , 46 s . to 489 . ; white , 51 s . to 52 s . per cwt ., duty , 16 s . and 18 s . 4 d . respectively . The private transactions have been small . A floating cargo of 36 O 0 bgs . Paraiba sold for Hamburg at 23 s . 6 d . per cwt Refined sugars are seasonably dull of sale , but supplies are moderate and quotations comparatively firm . Brown lumps , 52 s . 6 d .
Coffee . — The market has a firm aspect , the public sales having gone off with animation at full prices . 750 csks . 300 brls . and bags plantation Ceylon brought 64 s . 6 d . to 69 s . 6 d . for low middling and middling ; and 70 s . 6 d . to 74 s . 6 d . for middling to good middling coioury . 169 bgs . good ordinary St . Domingo , 47 s . 6 d . to 48 s . ; 800 bgs . Madras , good ordinary to middling pale , 63 s . 6 d- to 68 s . 6 d . ; and bold coioury , 81 s . 89 bis . long berry Mocha were held at 93 s . to 95 s . per cwt . Two floating cargoes of superior first Rio , new crop , have sold , the one at 46 a . 9 'd M and the other at 48 s-, both for continental ports . The statistical position of the market continues satisfactory .
Tka . ^ —The principal feature this week has been the public sales , in which 14 , 677 pkgs . were offered , comprising the unusually large proportion of 8600 pkgs . " without reserve . " The sales went somewhat unevenly , black leaf Congous realising very full prices , but scented teas showing a decline of id . to Id . per lb . Of the above quantity put up 9100 pkgs . sold . The private , transactions have been , chiefly in the new teas per Robin Hood , and these have found a steady sale at about former prices . To day private telegrams have been received in anticipation of the China mails , but they have had no appreciable effect on the market , which closes decidedly quiet in tone . Rice . —The demand ntns almost exclusively upon
low qualities , in which a steady business has been done at fully the previous currency . Rangoon has sold at 6 s . 6 d . to 7 s . ; pinky Madras at 7 s . 3 d . ; good JNecranzie , 7 s . 9 d . ; and low to good middling white Bengal , 7 s . 4 id . to 9 s . 3 d . per cwt . The deliveries continue very steady , and the stock is . still slowly decreasing . SAt , TPKXBB .- ^ -The market ^ is exceedingly flat , and where sales are made lower prices have to be taken . Public sales were attempted in the early part of the week , but the bids fell much below previous rates , and the whole offered was withdrawn . ' Since this nothing of moment has transpired . Spices . —Cassia lignea has further advanced Is . per cwt . ; sales of pile 1 having beeo . made at 100 s . In other spices the dealings have been of a retail character , and have not altered prior quotations .
Fruit . —The dried fruit market , na usual , so near to Christmas , has been quiet . Several public sales have been brought forward , but they have resulted in very little actual business . Holders in general are , however , firm , and in what has been done , quite late rates have been paid . Dbugs . —The only sale of moment has been one of 500 chts , of camphor ( a , portion of the arrival per Onni ) , which met a partial demand at 61 s . to 62 s . per cwt . Dyes . —Indigo is firmly held , and it ia difficult to buy except at higher prices . Some small lots of low and middling safflowers have sold rather cheaply , but the market in general is steady , 130 tons Savanilla Fustic in public sale realised 5 / . 6 a , to 51 . 7 s . 0 d ., and some parcels red wood 4 . 1 . 7 s . Gd . per ton .
Cotton—The market has been quiet , but holders having offered but small supplies , prices remain steady . At Liverpool a decline of l-J , Cd . to id . has talaon place , and the sales are 46 , 800 bales . The American advices bring increased receipts at tho ports , and also a general inclination to a . Wglicr range In crop estimates , and to this the heaviness in the Liverpool market ia mainly attributed . Hemp , —In Russian hemp but a moderates business is doing , and quotations are unaltered , 291 . being the price generally named for St . Petersburg clean , East India hemp is also in limited request only . Jute continues in active demand , and prices have furthor advanced 15 s . per ton , common to good selling In public sale at 16 b . 10 s . to 20 / . 10 s . por ton . of has
MteTAX'P . ^ The price copper been , advanced 57 . per ton on tile and coko , making the present quotations 107 / . 10 s . Best solooted Is worth 110 / . 10 s ., and for . Bnrra Burra UU to 112 / . is asked . Sheet copper has been put up id . per lb ., the prices being now Is . per lb . There have been several transactions in Straits tin at ) 1151 ., but very little in other descriptions . Scotch pig Iron , is steady In price , bu , t Inactive . On 'Change to-day the quotation was 54 a , 0 < J . In spelter rather a largo business hat ngnjn been done , principally foi ? arrival , spring shipment * bringing 22 A The ejeact terms of the
later transactions were withheld , but are supposed to have been at rather higher prices . In lead no change has t aken place . Oils . —Linseed , after being heavy all the week at 29 s . 6 d ., closed to-day rather firmer at 29 s . 9 d . Rape oil sells steadily at previous quotations . Common fiah oils meet but a limited demand . Sperm , on the contrary , finds ready buyers , and to-day 927 . ( one lot at 92 Z . 5 s . ) was obtained for good colonial fished . Tallow . — There has been but a moderate demand throughout the week , but stocks are well held , and prices ' show considerable strength . The deliveries have somewhat slackened , but have been rather in excess of the importations . The prices quoted during the greater part of tho week have been 50 s . 9 d . to 51 s . on the spot ; 50 s . 6 ' d . to 50 s . 9 d . for delivery up to spring ; and 51 s . 3 d . for March only ; and to-day the market closed rather flatly at these rates . - .. - ' ' m :
Withheld There Is ¦ ' ' , ¦ ¦ : ¦¦ '' • ...
¦ ' ' , ¦ ¦ : ¦¦ '' ' ¦ . ' ¦¦ ¦ . ¦ ¦ ¦ ¦ - ¦¦¦' ' . • ¦ ' V . ' ¦¦ ' : ' : ' - .. ' . ¦ ; ' ' 1426 THE Ii E A D E B . [ No . 457 , December 24 , 1858 - ^ T ^ I ^^ li ^ il ^ ! ' ¦ ' ¦ I-
Joint-Stock Companies. An Extraordinary ...
JOINT-STOCK COMPANIES . An extraordinary meeting : of the Trust and Loan Company of Upper Canada is called for the 31 st irist ., to authorise the directors to exercise the company's borrowing powers . ' The London General Omnibus Company ( Limited ) have issued an advertisement , in which they notify that on the 1 st January next " the business of the French Company will pass into their hands * and that it will in future be conducted by an English board of directors instead of the gerants of a .. French ' company . " It is announced , in vague terms , that " an extensive plan is under consideration for improving the svstein of working the omnibus traffic of the metropolis . " One of the " plans" upon which tlie company have acted appears to have been perfectly unsuccesscontract tickets
ful— the issue of correspondence « ud —which will be discontinued on the 1 st of January . At the adjourned annual meeting of the South Australian Banking Company , a supplemental report from the directors was read . Referring to the colonial profit and loss account for the year 1857 , the directors express their regret at finding that the colonial manager ' s explanations are most unsatisfactory as rcspcc . ta tho realisation of the securities on the pending account . The xirotits on the colonial account for the year 1857 , amounting to about 50 , 000 / ., have been absorbed in the losses sustained . The assurance was given , however , that the unfortunate . transactions referred to will be brought within the result of that year ' s operations , and that the capital and reserved fund remain intact . After some discussion , the report was unanimously adopted .
On Wednesday was held a meeting of sharehoMors in the European atid American Steam Shipping Company who are opposed to the directors' proposal for winding up the undertaking ; Mr . Austen was called to the chair . Resolutions were adopted , pledging tlie shareholders present to resist the directors' proposal , and referring to the election of a new board of directors . At the special meeting of the African Steam Ship Company , there was an insufficient attendance to consider the resolution for altering the form iu which the
accounts are to be presented ; but it was , nevertheless , intimated by Mr . Hadow , on behalf of the board , that the new system will bo carried out during tho next half-year . Tho change proposed is , that with a view of simplifying the accounts , the directors be " authorised in future to charge the actual disbursements for wear and tear and insurance against the recoipts of , tho vessels respectively , and to reserve 7 j per cent , per annum out of revenue on the coa . t of the company ' s ships , as shown in the books at the expiration of each half-year , to form a depreciation fund .
The Metajl Market. W» Copy From Trueman ...
THE METAJL MARKET . W » copy from Trueman and Fry ' s circular tho following statement : —< Wo have not much to note beyond the fact that , notwithstanding a little contraction of business , which is generally felt , tboro is no expectation prevailing that prices will go lower ; indeed , a confidence in tho future , and of a healthy return of business at the commencement of tho ensuing year , is entertained iu almost all quarters . Copper . —Since our last tho oxpectod advnnco in prices has been declared , but oven now tho Bmeltora « ro so fully engaged , that they are unnblo at present to tnko orders for unmanufacturod descriptions , oxoopt on a very limited scale . The holders of foreign arc for tho most part intent upon higher rates , although tho stocks of that description havo had aomo little accessions . High comparative prices can bo obtained for Hurra Burro and other fine foreign coppor , InoN .- ^ -The reports from tho Iron districts are Hatisfactory , tho Jinjfrovemout of tho past fow months having reached nil the manufacturers . Some one or two of tho flrat Welsh makers havo advanced their prices within the past ton days ; tho majority , however , accept orders readily , -without evincing oagorneBS . Scotch pig is at a stand-still s price-to-day 61 s . Od , cash , ' as In our last . Tin . —VThls motal is firmly held , and to all Appearance the holders of foreign are justified in their course . English , refined Is In request , but common not so much oo .
Spelter . —There is an improvement in the bosif , ^ , of this metal , ami it is not obtainable on such favour m terms as it was a week ago , whea ; some considerable transactions took place . * 'uwe Lead is still rather inanimate . TIMPLATE 8 arc eagerly sought at low rates * hi , K makers very reasonably decline , under the existine -c curastances of the tin and iron markets . The demand at makers' prices affords fair employment . * - * rti ¦ _ . ¦ ' ' " ' ^^^ ^^*^^™^^^^^ S * 2
Riff Piuatks.—The Brussels Indcpendancc ...
Riff Piuatks . —The Brussels Indcpendancc asserts that England , France , and Spain have agreed to make a joint expedition against the ' Riff pirates next spring Belize . —The Shipping Gazette publishes an elabo borate judgment , which has lately been pronounced bv Mr . Temple , tho Chief Justice of the Supreme Court of British Honduras , in the case of " Plues v . Hyde and Co . " The question at issue -was , virtuall y , whether the colonial creditors of Messrs Jame Hyde and Co . of Belize , should have a preference in the distribution of assets over which the creditors of Messrs . Hyde , Ilodge , ami Co ., of London , the two ' houses being in reality the same . The court has adopted tho common-sense view that there is no such law in that country , and that the estate of an insolvent must be distributed fairly and equally amongst all his creditors , wherever the \ - may reside .
Kiiw Commissionr : n in B . \ XKRrrTcy . —The newlyappoiatoil Birmingham Commissioner , Mr . G . W . Sanders , took his seat in the ' Bankruptcy Court on Wednesday . He Was met by a largo body of the professional gentlemen practising in the- 'court , but no courtesies were exchanged on the occasion beyond the usual obeisance to the bench and its customary recognition . Tlie usual business of tho court was at once proceeded with ; Tin-: Shipping Intkiust . — Mr . Duncan Duiibar , chairman of the public mci'ting of shipowners held on the 15 th instant , Mr . George Marshall , chairman of the General Shipowners' Society , Mr . George F . Young , and Mr . William IJon . ir , secretary , had an interview with Mr . Secretary Walp ^ le on YV'ediicsday , at the Homooffice , arid present . ( 1 the address to her ' Majesty . agreed to at the-public meeting .
Incrka . se or Russian Trapk rx Asia . — -Russian navigation on the Air . oor . dates from 1 . S 54 . when it was found necessary , with all ppeud , to convey troop 3 and provisions to Pelr «> pawlowsk ,. Kamsch { itka being at that time rixenarcd by ' th < - navy of the Allies . Since then shipping on the " river has attained ~ uch development that a pud of wheat ( 10 lb * . ) may now be carried for Is . C . I . from the confluence of the Shilka to the shores of the Pni-ilic . a distance of niuiv than two thousand miles . So long as ' the Ochotsk and Ajan line of roads wore the onlv available means of transit , a pud ( 10 lbs . )
of wheat could never be purchased at Potropawlowsk for less than thrco roubles- Since the opening of tho A moor this price has sunk to onu rouble , or sometimes not eron quite bo much . Gunpowder , formerly conveyed from Irkutsk to Oohotsk nt a charge of five roubles per pud , is now delivered by Irkutsk merchants , in Mcoljiteffsk at tho reduced rate of one and a half roubles . As to the progress of commerce on the Araoor , no more at present need be sni . l on this topic . In order to giro an idea of its growing important , it will be sufficient to obscrvo that the value of merchandise shipped on tho river in 1857 had already reached l . uoO . OOU roubles .
the correspondent of a New York journal ) visitci several of the workshops of all trades , and we lom . d that nH work was carri ., 1 on in nil entirely ¦!• rtcrcnt tvnj from that in our QWi . country . The carpenters ^ and r » b » notmakora all sit down to saw or piano their stock , no entered a blacksmith ' s shop . Horo ^ fuund tho forg in blast , while two men we . ro sitting down , one on end Side of an anvil , hammering out a Iiei- ^ o piece of « r » n . Tho one with the . slcdge-hanuner scorned to - Iff t «» JLJ 10 OHO WHIl HIO Sl «» gi :-M » " amifllS dO ii ti «»
easily [ in tho sitting posturo ns our ow . ataixlluff . While they heat th . ; ir » ron , thoj hmi n ^ J hook in tho roof of tho e * l . iblishmo . it , over « J J pot in which they aro at tl . u . nmo Unu , « jok n ^ th « r rice . In ono shop we saw a hole ( or ««•««•« , ™ » J dug in tho ground , in which was a ™ a \ aV * Z > Z \ . kept up by a small bellow ., running u « ulo ' tho ^ In front of this novc-1 forge eat a small l ) 0 j , ^ J \ ,, hard « t work with both hand * mukwff nailj , wi no bellowrthc kept in motion with thu toes of _ u I U « It wn . a novel night to soo with Wh « t ^ ' ; ' l ,, ger o up tho blnttt , his toes working Hko h lnu > « »» t "
ft tt :, » n OMK . nt , W in V , BNMA p « thonjornlns f tho 1 . 0 th tho first train left Vienna for Lnw . 3 " ™^ built Iu Kiiglond opnvoye . l the VW ^^ Zfo mlnua , and groat was tho crowd n « oinb ^ ' ° UC ( l Stcphft . i ' a Place to boo and nJmlro U ' ° " ™ " vll 0 Aro vohicloa nnd harness . Tho hackney ooaolimo , v o good jiulgcfl of huoIi maWow , « roiic . » ncort t ^ * w B workmanahlp to bu JUmo * » f W 'S fij « bh » not ono Vlonnoso Iu a liunuW will ore noru « and neck by being n « i outoWo i P » " » "Xiuli W " known form of the vohluloa prod « o « ' » » "J & J a pfloil gon Blon on tho English , and H was Incronao < 1 on « ¦» „ thorn tho words' " Munich , ^ Ufort , 1 orl » , wj In a fow months the journey bo ^ oon Vienna on don will be accomplished In loas tbm ttor « ° ™ 7 ''
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Citation
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Leader (1850-1860), Dec. 24, 1858, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_24121858/page/26/
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