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Leader (1850-1860), 28th May 1859, Edition 1 of 2, Page 681

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      Untitled Article

      Friday Evening . TheJ arrivals of grain and flour , both English and foreign , thisVeek , have been liberal . A slightly increased supply of English wheat—2 , 280 qrs . —has come to hand coastwise , but the receipts fresh up to-day by land cairiage were trifling . The show of samples , chiefly left over from Monday , was tolerably good . Although more wheat changed hands than on that day , the trade must be called heavy at 4 s to 5 s per qr . beneath last week ' s currency . Nearly 15 , 000 qrs . of foreign wheat have been reported . For all kinds we experienced a heavy inquiry ; indeed , so little business was doing that prices ¦ were almost nominal . There was a fair demand for good and useful qualities of barley at previous quotations , but grinding sorts were very dull . No change took place in the value of malt . Good sound oats were in fair request on former terms , but low and damp parcels were rather cheaper . In "beans and peas very little was passing . The flour trade was heavy , and the quotations were drooping . At Liverpool there has been rather more doing in cotton , the sales to-day reaching 10 , 000 bales , including 2 , 000 on speculation and for export , at steady prices . The market for colonial produce generally remains inactive .

      Tea . — For nearly all kinds of tea the demand continues steady , at very full prices . Common sound congou is selling at Is . 2 £ d . per lb . Sugar . —Considerable flatness continues to prevail in this market , and a further decline of 6 d . per cwt . has taken place in the value of nearly all raw sugars . West India has sold at 37 s . 6 d . to 44 s . ; Mauritius , 35 s . 6 d . to 45 s . 6 d . ; Bengal , 36 s . to 45 s . ; Cuba Muscovado , 39 s . to 40 s . 6 d . per cwt . Floating cargoes have ruled steady . In refined goods very little is doing , Brown lumps have sold at 50 s . 6 ( 3 . per cwt . Crushed sugars are steady . Molasses . —The demand is confined to small parcels , on former terms .

      Coffee . —Tlie public sales have gone off somewhat heavily at , in some instances , a decline of Is . per cwt . Privately , the demand is confined to small parcels . Cocoa . —Oar market is still heavy . Good red Trinidad has sold at 56 s . to G 3 s . ; and Guaquil , 55 s . per cwt . Rice . —A few parcels of Bengal have changed hands nt 9 s . 3 d . to 9 s . 9 d . ; of Moulmein , at 9 s . 9 d . ; and liangoon , at 10 s . 6 d . to 10 s . 9 d . per cwt ., being previous rates . Saltpetre . —The market may be called steady , at px'ovious quotations . The stock is rather on the increase .

      Cotto >\—Wo have no change to notice in prices ; but the demand is steady . Hbmi and ITlax . — ^ All kinds of homp have moved off slowly , at baroly lato ratos . In flax Very little is passing . Metals . —Scotch pig iron has ruled heavy , at 47 s . Gel . mixed numbers . The total shipiujents , laist week , wore 13 , 755 tons , against 11 , 262 tons in tlio corresponding week in 1858 . Spelter has sold at 19 Z . 10 s , per ton on the spot . Copper , load , and tin continue firm in price . Si'iitiTS . —The markot for rum is very quiet , at barely the lato advance in the quotations . Brundy and grain spirits are very inactive .

      Oils . — -Linseed oil sells slowly at 28 Z . 10 s . to 281 . 15 s , par ton on ( ho spot .- Rape is quoted at 382 . 10 s . to 422 . 10 s . Cpcoa nut dull at 40 / . 10 s . to 422 . 10 s . ; and palm 40 a . to 403 . Spirits of turpentine , 42 s . Od . for American . Talloav . —JP . y . O . is quiot at 54 s . 3 d . to 54 s . 6 d . per cwt ., on the spot , at 55 s .. 6 d . for tlio last three months' dellvory .

      Untitled Article

      Bullion , per oz . ' Foreign Gold in Bars , Standard , 77 b . 9 d . ; Mexican ]> ols 5 s . OJd . ; Silver in Bars , Standard , Os . Od . COMMODITIES . Wheat—Red , New , 50 s . to 53 s . , Fine , f > 4 s . to 57 s . ; White , New , S ' Ja . to 58 s . Foreig-n , It ., 45 s . to 50 s . ; White 1 «\ , O- ' s . to 05 s , ; Kye , 30 s . to 32 s . ; Barley , USs . to 32 s . ; Malting 36 s . to 43 s . ; Malt , Ord . 58 a . to ( Hs . ; Pens , Hog-, 37 s . to 40 s . ; Bcaqs , Ticks , 37 s . to 41 s . ; Indian Corn , 35 s . to 80 s , ; Oats , Food , 25 s . to ' Z 7 a . ; Fine , 27 s . to 2 Sb . Flour— 'Town-made , per sack , 54 s . to 57 s . ; Seconds , 44 s . toi 48 s . ; Essex aud Suffolk , on board ship , 40 a . to 42 s . ; Norfo k and Stockton , SOs . to 403 . ; American , por ban-el , 30 s . to 32 s . ; Canadian , 30 a . to 32 s . — Bread , Oid . to 8 Jd . the 41 b . loaf . Potatoes—Kent and Essex Regents , ton , S 5 s . to 05 s . ; Ditto ShuwB , 0 a . ; York Heycuts , 100 a . to 110 s . ; Scotch , 80 s .

      Provisions— Butter—Best Fresh , 14 s . doz . ; Carlow , 100 s . to 110 s . per owt . ; Bncon , Irish , per cwt . 04 s . to 00 s . ; Cheese , Cheshire , fine , 7 () s . to 84 s . ; Derby , pale , 0-J * . to 70 s . ; Hams , York , 80 s . to VOu . ; Eggs , French , per 120 , 4 s . Od . to 0 a . Od . Newgate and L , pai > ENHALL—Beef , 3 s . 4 ( 1 . to 3 s . 8 d . ; to 4 s . ; Mutton , Us . 8 d . to 4 a . 2 d . ; to 4 s . Od . ; Veal , 3 s . Od . to 4 s . 2 d . ; 4 s . Sd-i Pork , 3 s . 4 d . to 4 s . ; to 4 s . 8 d . ; Lnmb , 5 s . Id , to ( Is . ; to ( is . id . JIay and Stham '—( Smithfiold ) . Ilay , Oood , 75 s . to 80 s . ; Inferior , 00 s . to 00 s . \ Now , 0 s , to 0 s . '; Clover , 05 s . to 110 s . ; Wheat Straw , 24 s . to 28 s . _„ , , „ HOPS—Woald of Kent Pockets , 00 s . to 80 s . ; Mid and East Kent ditto , 84 a . to Ii 7 s . ; " Suasox ditto , ( We . to 70 s . Wool—Down Tc ^ s , por lb ,, 18 d . to 18 Ad . ; Half-bred Wethers , Kid , to lOjd . ; Leicester Flcecof , 104 d . to 0 d . ;

      Combing- Skins , 13 d . to I 7 d . 0 « ocEniES--Cofl ' oe , Good Ordinary , 02 s . Od . to , 07 s . Od . ; Cocoa , Trinidad ( In bond ) , 60 s . Od . to 81 s . Od . j Rico , Amo , dr . Carolina , aos , od . to 25 s . 0 d . j Sugar , Muscovado , avorago , 27 s . did . ; > Ve » t India Molasses , 13 s . Od . to 18 s . Od . MiscKLLANEOUH—Jamaica ltum , per gallon , is . Od . to 5 a . 3 d . s Brandy , Host Brandies . 7 d , to Oh . 2 d . ; Cotton , Now Orleans , perl b ., oa . 5 d . ttTOa . 8 Jd . ; Saltpetre , Rollnod . por cwt ., Ma . Od , to 530 . yd . s Ctaano , iWuvlan , nor ton , 880 a . Od . to 0 a . Od . ; Tallow , P . Y . C . Tpui' owt ,, 00 s . 3 d . to 0 b . Od . ; Town , 55 a . Od . to On . Od . Metai « 8—Copnor , British Cakos , por ton , £ 107 10 s . Od . to £ 0 os . Od . ; Iron , "Welsh Bi » rB , & 7 0 s . Od . to & 7 Bs . Od . ; Load , BrillHli i'ia-, Slii 0 a . Od . to £ 2410 a . Od . ; Stool , Swedish Keg , # 21 Oti , Od . to 0 0 b . Od .

      Untitled Article

      An extraordinary general meeting of the Atlantic Telegraph Company is called for the 8 th June , to approve the heads of a provisional arrangement "entered into with Government . Authority will be asked for the creation of new capital to the extent of 600 , 000 / ., in preference shares of 5 / . each . The hoard is to be entirely reconstituted , and reduced in number . The ordinary meeting of shareholders in the London Chartered Bank of Australia is called for the 3 rd of June .

      At the meeting of the National Bank on Tuesday the report and accounts were adopted , and the principal discussion turned upon the progressive improvement in the prosperity of Ireland , and the compensatory results of the harvest of 1858 . The dividend paid at the rate of 6 per bent , per annum in February , 1859 , with a bonus of 1 . 5 s . per share , amounted together to 30 , 000 Z ., through which the rest , or undivided profits , which in December stood at 153 , 967 Z . was reduced to 123 , 967 Z . as against 104 , 792 / ., the balance of that account at the end of December , 1857 . The resources of the bank appear by the table of assets and liabilities to have increased nearly 1 , 000 , 000 / . since December , 1857 , and the general operations continue to exhibit an improvement . . ' , ¦¦

      A general meeting of the Commercial Dock Company is called for the 10 th June , to declare a halfyearly dividend ; and the annual meeting of the African Steam Ship Company for the 8 th of June . The annual meeting of proprietors of the Ionian Bank took place on Thursday . The net profits for the past year amounted to 10 , 127 ? ., out c > f which has been provided the amount of two half-yearly dividends at the rate of 5 per cent , per annum . The sum to the credit of profit and loss on the 1 st of January , 1859 , was 13 , 181 Z ., against 10 . 553 Z . on the 1 st of January 1858 . The directors' report was adopted .

      Untitled Article

      The Bauk Trade . —In consequence of the extraordinary position of the bark trade a meeting of the principal tanners has been held at the London Tavern , with the view of ascertaining the quantity held by the various manufacturers , when it appeared that the prevalent alarm as to scarcity is groundless . Most of the principal London tanners stated that they had more than an average stock for this period of the year , and that the high prices demanded were not justified by the position and requirements of their firms . It was therefore resolved that the timber merchants' combination to enhance the price from 20 to 25 per cent , beyond that of last season should be resisted .

      Postal Skrviok to Australia and New Zealand . —We have obtained a copy of the " Conditions " of the Admiralty tender for the conveyance of the Australian and New Zealand mails , via Panama , tho adjudication of which , as already stated is to take place on the 1 st of July . The mails arc , to be conveyed monthly each way between @rea $ Britain and Sydney , via Panama and New Zealand , and . the contractors arc also to make provision for conveying to and from Sydney and Melbourne the letters of Victoria and tho other Australian colonies . The contractors arc to state at what time they will be prepared to commence the service ; also " at between t

      what intermediate port or ports GreaEn-, tain and Panama and between Panama and Australia it may be in contemplation to call . " Hie Admiralty will fix tlio date of the dopavturos from each port , so that they Bhall altornuto fortnightly with tho mails by tho Suez route . Tho maximum time for performing tho service to or . from Melbourne is to bo 55 days , oxclusivq of tho transit across tho Isthmus , Imfc " proposals embracing a shorter timo will receive favourable consideration . " Tho penalties will bo 500 * . in default of a vessel being provided at the proper period ; 100 / . for every day which shall ol apse until the vessel starts , and 10 / for every hour consumed on the voyage beyond tho period stipulated . On tho other hand , a premium of 50 / . will bo given for every day less than

      Railway Intelligence

      announced that the line will be completed to Canterbury on the 1 st of March , 1860 . The dividend on the shares of the Eastern of France Railway Company has been fixed at 20 f . 46 c ., which , added to the interest of 20 f . paid in November last , gives a total of 40 f . 46 c . per share for the year 1858 , being 19 c . less than the distribution in the previous year . A special general meeting of the South-Eastern Railway Company was held on Thursday at the Bridge House Hotel , to consider two Bills , one for making a railway from London-bridge to Charingcross , and the other authorising the transfer of the Caterham Railway to the Soutli-Eastern Company ; resolutions adopting both bills were unanimously adopted . .

      Tub Council of tho Royal Agricultural Society having come to tho determination of holding their great annual country meeting for I 860 at Cantor- ' bury , the works on tho East Kent Railway between Faveralmm « nd Canterbury are being pushed forward with groat rigour , and tho company have just

      Untitled Article

      PEICES OF THE PRINCIPAL STOCKS , SHARES , AND COMMODITIES AT THE CLOSE OF THE MARKET . Last This Friday . Day STOCKS . 3 per cent . Consols—Money 9 i § 92 $ Ditto Reduced 90 + 91 £ Ditto New . ¦• - 90 } 91 BankStock 222 220 India .....,, 219 £ Exchequer Bills Canada Government 6 per cent •• New Brunswick Government 6 per cent . .. .. New South Wales Government 5 per cent . .. South Australia Government 6 per cent .. Victoria Government 0 per cent . ' . Austrian Bonds , 5 per cent . Brazilian Bonds , 5 per cent 98 French . Rentes , 3 per cent Mexican Bonds , 3 per cent .. . 10 $ Peruvian Bonds , 4 J per cent Spanish Bondsv 3 per cent ' .. 38 » 40 Turkish Scrip , 6 per cent — .. --- 6 l £ KAIL WATS . Bristol and Exeter 87 J 89 Caledonian .... ?* 75-Eastern Counties 52 f 53 ; East Lancashire 84 8 : Great Northern 95 99 ' „ Western 51 * 52 = Lancashire and Yorkshire 854 " Sol-. London and Blackwall 61 01 i London , Brighton , and South Coast ... 108 i 110 London and North - Wes tern SG' ¦ 87 | London and South-Western 85 : 87 t Midland ..-. 93 f 95 NorthBritish : 52 51 | North Staffordshire 12 J ¦ 12 . | Oxford , Worcester , and Wolverhampton .. 29 21 ) South-Eastera , 61 J 62 | S outh Wales .... * . 68 61 Bombay , Barpda and Central India . ' ... — . 16 J . 16 $ Calcutta and South Eastern ¦ 4 Eastern Bengal .. lfd IJfd East Indian 90 97 Great Indian Peninsula . 93 § 95 * MadraB ¦ - < .... 17 17 * Scinde ......... ¦ .- 19 Buffalo and Lsike Huron 5 J 5 Grand Trunk « f Canada 30 31 Great Western of Canada 13 | 14 Antwerp and Rotterdam 4 . 3 J * ¦ Dutch lihenisli - 7 7 d Eastern of Fi-ance 23 24 Great Luxemburg 4 g- 4 J LombardOrVenetian 2 * ¦ Northern of Francp - ..: 35 35 J Paris , Lyons , and Mediterranean ........ 31 31 Paris and Orleans 47 -48 Southern of Fmiice .. 18 Western and Korth-Western of France .. 20 20

      Untitled Article

      Intelligence . ] THE LEADEB . 681

      Untitled Article

      ¦ ¦ . ¦ ^ — . * > HOME , COLONIAL , AND FOREIGN PRODUCE MARKETS .

      Untitled Article

      RAILWAY INTELLIGENCE .

      Untitled Article

      promises to be higher priced . Though our trade tables show that our manufacturers are extremely active , and that all kinds of business for consumption is large , the speculation which' formed so large a portion of the London business is not yet . revived , It may be doubted , in truth , whether it ever wilt bei ; and those-who remember it and participated in it still complain that the times are very dull . Of- late , an additional demand for India has made itself felt in Manchester , and notwithstanding the war , which still alarms some people for our trade , we see no reason to fear that it will suffer .

      Untitled Article

      JOINT-STOCK COMPANIES .

  • Citation
    • Leader (1850-1860), May 28, 1859, page 681, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2296/page/25/