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Current Events.
iaverage of fifty-five members . This average in 1873 , had been raised to fifty-seven . It is further noticeable that , in 1850 , there was in this State one Mason to every 345 inhabitants ; in 1860 , one to eveiy 139 ; and in 1870 , one to every seventy-one . The Grand Master of this
flourishing Grand Lodge is Bro . Lucian A . Foote ; the Grand Secretary , Bro . John Bramwell . There are , at the present day , in the United States , thirty-seven Grand Lodges , numbering 555 , 200 members , the States which contain the most Masons being New York , with 79 , 848 ; •Illinois , 35 , 583 ; Pennsylvania , 34 , 772 , and Ohio 30 , 300 .
'The formation of a tunnel under the sea between Dover and Calais has often been mentioned , but has hitherto been confined to rumour . Within the last few days the project of building this tunnel between Dover and Calais has
assumed a more definite shape , and we may soon expect to hear of the actual commencement of the undertaking . We hear that a company is being formed for this purpose . We need only mention such names as Sir John Hawkshaw and Monsieur de Lesseps to have faith in the practicability of the scheme .
On Thursday , the 28 th ult ., in the Masonic Hall , Limerick , a presentation of plate was publicly made to LordDunboyne , in recognition of his services as Provincial Grand Master .
His lordship , in acknowledging the compliment , promised that so long as he was spared , he would do all in his power to further the interests of the Craft . In the evening there was a sumptuous entertainment , his lordship being the principal guest .
The honours of the great American Billiard Handicap have been eventually secured by J . Roberts jun ., who defeated A . Bennett in the final game . The meeting was highly successful ; it brought together such celebrities as Cook , Roberts , A . and J . Bennett , Stanley , Taylor ,
Kilkenny and Timbrell . The financial results are also gratifying ; the admissions , together with a gift of £ 100 , by Messrs . Burroughes and Watts , having produced about £ 550 , which , after deduction of expenses , will be divided among the eight competitors .
Our brethren of Lincolnshire are coming well to the front . They headed the list of Provinces subscribing to the Boys' School last year , and are now in the same honourable position with regard to the R . M . B . I ., their Contribution to which is £ 573 . One of their Stewards ,
the Rev . Bro . Daniel Ace , D . D ., who has for two years officiated as Provincial Grand Chaplain , and who now holds similar office under the Mark Degree , is well known for his forcible Masonic Sermons , and luminous treatment of advanced social problems .
We read that the Second King of Siam has fled for protection to the house of the British Consul-General . We presume this to be the same Prince who , under the rule of the late First King was so esteemed and respected by Europeans for his tolerance and love of European
literature . Ho is , we believe , one of the few Siamese literati who possess the key to those remarkable inscriptions which are still legible on the enormous ruins , of
forgotten cities in the dense forests bordering upon Siam and Cambodia , which but few have ever reached after weeks of tropical travel , up the pestilential river that winds through the dense jungle which has overrun them .
Bro . Clarence Holt has created a furore at the Oxford , by his delineation of the characters of Sir Walter Scott . Bro . Holt ' s faithful representations nightly receive wellmerited applause .
The St . James Union Lodge of Instruction , No . 180 , has removed from the Horse and Groom , Winsley Street , Oxford Street , to the Union Tavern , Air Street , Piccadilly On Wednesday last the 15 sections were worked b y the
A Lodge of Instruction , under the wan-ant of the Egyptian Lodge , No . 27 , will be held at Bro . T . J . Maidwell ' s , the Hercules Tavern , Leadenhall Street , every Thursday evening . Commencing on the 11 th inst .
Current Events.
members of the Salisbury Lodge of Instruction . Bro . J . Mander W . M . occupied the chair , and above forty brethren were present on that occasion .
That the energies of Masons , when roused to energy , can produce excellent results is shown by the following figures , representing the sums severally contributed by the seven East-end Lodges who sent stewards to the Festival of the Royal Masonic Benevolent Institution .
£ s d Sincerity , No . 174 Bro . E . J . Billiard - ••51 10 0 Yarborough , No . 554 „ J . J . Berry - - - 168 10 0 DukeofEdinbro' , No . 1259 „ S . "Weatherill - . . 165 0 0 Burdett Coutts , No . 1278 „ TV . J . Crutch . . . 103 10 0
Clapton , No . 1365 „ C . B . Miles . •- 65 0 0 Longthorne , No . 1421 „ C W . Ashdown •- 40 0 0 Prince Leopold , No . 1445 „ W . T . Howe . •- 105 5 0 Amounting in the aggregate to ••£ 608 15 0
On Ash Wednesday the Moore and Burgess Minstrels will g ive their entertainment at the Theatre Royal Drury Lane , in consequence of their own Hall being closed on that date , pursuant to the Act of Parliament of the 25 th of George II . We understand the company will be greatly augmented on this occasion .
A complimentary farewell banquet was tendered by the Sydney Lodge of Mark Masters to Brother Senior Warden John Leveson , Past Master of the Zetland Lodge , No . 655 ,
E . C ., Past 2 nd Principal H . Zetland Chapter of Australia , No . 390 , E . G ., Past Pro . G . L . Officer , New South Wales , E . G ., on his approaching departure for England , which was numerously attended .
Money Market And City News.
MONEY MARKET AND CITY NEWS .
FKIDAY . THE actual commencement of a lock-out in South Wales , with its attendant evils , is not the least important event in the commercial annals of the week . In a business view also the strain upon our coin reserve has been unusually severe the last few days , but ifc is hoped that the necessity for such heavy withdrawals as havo receutly taken place , will soon have ceased to exist , and the balance
at the Bank restored to its normal condition . The fact of no change having been made in the quotation after the meeting yesterday is looked upon with a certain amount of satisfaction , as it seemed to be accepted as more than probable that a move to a higher figure would have to be resorted to . Such not being the case , the markets are gaining ground a little , although there are circumstances which require to
be taken into account when reviewing the situation , of an exceptional character . The late trial for libel in the Times has had its effect on the public mind , and the investigation now going ou in another case is not without some influence in deterring speculators from entering into fresh engagements . For these reasons , then , the markets may be described as extremely quiet , and there is evident reluctauce to
deal with many of tho new properties that have lately been brought forward . The instances of " plunder " have been too numerous , unforinnately , in recent times , to be easily forgotten , and it behoves the investor to watch carefully and inqnirc closely before parting with his or her money . What arc known as Trust investments are , although a new medium of employing capital , a recognised feature in the Stock
Exchange list , and as wc intend occasionally to point out the merits of different undertakings , we propose to supplement the remarks which have , from time to time appeared here , with a few words respecting " Trusts . " Tho principle on which these Trusts aro based , is that of averaging the risk of investments by tho division of capital amongst a number of different securities . The capital of the trust is put into
a number of Stocks of that particular class , with which it deals , and the dividends arising therefrom , aro employed , in most cases , in paying interest on the Trust Certificates at a certain fixed rate , and the surplus , in reducing tho certificates by drawings . These are the leading features , although not all , but as a rule , the security is considered fairly good , and in cases where the design confines the Trust solely to the investment of
its capital in different stocks , the character of the security must depend on the discrimination which has been used in dividing the capital and employing it . In selecting ouo of these Trusts for an investment all the best available information should be obtained , the last report of the directors or trustees , the report of the last meeting of certificate holders , and if possible a list of tho securities held iu trust .
The English Funds are fairly quoted , aud no adverse movement is reported in this quarter . For Home Railways there has not been quite such a brisk demand , although the proceedings have not actually changed to weakness . Good dividends have been notified iu several instances , and it ia to be greatly regretted that a want of harmony in working arranf ements between companies prevents the shareholders from reaping the benefits that would otherwise be secured .
The foreign market is moderately firm , and if indications of smoothness could be relied upon , in connection with the money market , it is propable that a firmer feeling would lead to still better prospects . There are scarcely any sew features in regard , to American or
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Current Events.
iaverage of fifty-five members . This average in 1873 , had been raised to fifty-seven . It is further noticeable that , in 1850 , there was in this State one Mason to every 345 inhabitants ; in 1860 , one to eveiy 139 ; and in 1870 , one to every seventy-one . The Grand Master of this
flourishing Grand Lodge is Bro . Lucian A . Foote ; the Grand Secretary , Bro . John Bramwell . There are , at the present day , in the United States , thirty-seven Grand Lodges , numbering 555 , 200 members , the States which contain the most Masons being New York , with 79 , 848 ; •Illinois , 35 , 583 ; Pennsylvania , 34 , 772 , and Ohio 30 , 300 .
'The formation of a tunnel under the sea between Dover and Calais has often been mentioned , but has hitherto been confined to rumour . Within the last few days the project of building this tunnel between Dover and Calais has
assumed a more definite shape , and we may soon expect to hear of the actual commencement of the undertaking . We hear that a company is being formed for this purpose . We need only mention such names as Sir John Hawkshaw and Monsieur de Lesseps to have faith in the practicability of the scheme .
On Thursday , the 28 th ult ., in the Masonic Hall , Limerick , a presentation of plate was publicly made to LordDunboyne , in recognition of his services as Provincial Grand Master .
His lordship , in acknowledging the compliment , promised that so long as he was spared , he would do all in his power to further the interests of the Craft . In the evening there was a sumptuous entertainment , his lordship being the principal guest .
The honours of the great American Billiard Handicap have been eventually secured by J . Roberts jun ., who defeated A . Bennett in the final game . The meeting was highly successful ; it brought together such celebrities as Cook , Roberts , A . and J . Bennett , Stanley , Taylor ,
Kilkenny and Timbrell . The financial results are also gratifying ; the admissions , together with a gift of £ 100 , by Messrs . Burroughes and Watts , having produced about £ 550 , which , after deduction of expenses , will be divided among the eight competitors .
Our brethren of Lincolnshire are coming well to the front . They headed the list of Provinces subscribing to the Boys' School last year , and are now in the same honourable position with regard to the R . M . B . I ., their Contribution to which is £ 573 . One of their Stewards ,
the Rev . Bro . Daniel Ace , D . D ., who has for two years officiated as Provincial Grand Chaplain , and who now holds similar office under the Mark Degree , is well known for his forcible Masonic Sermons , and luminous treatment of advanced social problems .
We read that the Second King of Siam has fled for protection to the house of the British Consul-General . We presume this to be the same Prince who , under the rule of the late First King was so esteemed and respected by Europeans for his tolerance and love of European
literature . Ho is , we believe , one of the few Siamese literati who possess the key to those remarkable inscriptions which are still legible on the enormous ruins , of
forgotten cities in the dense forests bordering upon Siam and Cambodia , which but few have ever reached after weeks of tropical travel , up the pestilential river that winds through the dense jungle which has overrun them .
Bro . Clarence Holt has created a furore at the Oxford , by his delineation of the characters of Sir Walter Scott . Bro . Holt ' s faithful representations nightly receive wellmerited applause .
The St . James Union Lodge of Instruction , No . 180 , has removed from the Horse and Groom , Winsley Street , Oxford Street , to the Union Tavern , Air Street , Piccadilly On Wednesday last the 15 sections were worked b y the
A Lodge of Instruction , under the wan-ant of the Egyptian Lodge , No . 27 , will be held at Bro . T . J . Maidwell ' s , the Hercules Tavern , Leadenhall Street , every Thursday evening . Commencing on the 11 th inst .
Current Events.
members of the Salisbury Lodge of Instruction . Bro . J . Mander W . M . occupied the chair , and above forty brethren were present on that occasion .
That the energies of Masons , when roused to energy , can produce excellent results is shown by the following figures , representing the sums severally contributed by the seven East-end Lodges who sent stewards to the Festival of the Royal Masonic Benevolent Institution .
£ s d Sincerity , No . 174 Bro . E . J . Billiard - ••51 10 0 Yarborough , No . 554 „ J . J . Berry - - - 168 10 0 DukeofEdinbro' , No . 1259 „ S . "Weatherill - . . 165 0 0 Burdett Coutts , No . 1278 „ TV . J . Crutch . . . 103 10 0
Clapton , No . 1365 „ C . B . Miles . •- 65 0 0 Longthorne , No . 1421 „ C W . Ashdown •- 40 0 0 Prince Leopold , No . 1445 „ W . T . Howe . •- 105 5 0 Amounting in the aggregate to ••£ 608 15 0
On Ash Wednesday the Moore and Burgess Minstrels will g ive their entertainment at the Theatre Royal Drury Lane , in consequence of their own Hall being closed on that date , pursuant to the Act of Parliament of the 25 th of George II . We understand the company will be greatly augmented on this occasion .
A complimentary farewell banquet was tendered by the Sydney Lodge of Mark Masters to Brother Senior Warden John Leveson , Past Master of the Zetland Lodge , No . 655 ,
E . C ., Past 2 nd Principal H . Zetland Chapter of Australia , No . 390 , E . G ., Past Pro . G . L . Officer , New South Wales , E . G ., on his approaching departure for England , which was numerously attended .
Money Market And City News.
MONEY MARKET AND CITY NEWS .
FKIDAY . THE actual commencement of a lock-out in South Wales , with its attendant evils , is not the least important event in the commercial annals of the week . In a business view also the strain upon our coin reserve has been unusually severe the last few days , but ifc is hoped that the necessity for such heavy withdrawals as havo receutly taken place , will soon have ceased to exist , and the balance
at the Bank restored to its normal condition . The fact of no change having been made in the quotation after the meeting yesterday is looked upon with a certain amount of satisfaction , as it seemed to be accepted as more than probable that a move to a higher figure would have to be resorted to . Such not being the case , the markets are gaining ground a little , although there are circumstances which require to
be taken into account when reviewing the situation , of an exceptional character . The late trial for libel in the Times has had its effect on the public mind , and the investigation now going ou in another case is not without some influence in deterring speculators from entering into fresh engagements . For these reasons , then , the markets may be described as extremely quiet , and there is evident reluctauce to
deal with many of tho new properties that have lately been brought forward . The instances of " plunder " have been too numerous , unforinnately , in recent times , to be easily forgotten , and it behoves the investor to watch carefully and inqnirc closely before parting with his or her money . What arc known as Trust investments are , although a new medium of employing capital , a recognised feature in the Stock
Exchange list , and as wc intend occasionally to point out the merits of different undertakings , we propose to supplement the remarks which have , from time to time appeared here , with a few words respecting " Trusts . " Tho principle on which these Trusts aro based , is that of averaging the risk of investments by tho division of capital amongst a number of different securities . The capital of the trust is put into
a number of Stocks of that particular class , with which it deals , and the dividends arising therefrom , aro employed , in most cases , in paying interest on the Trust Certificates at a certain fixed rate , and the surplus , in reducing tho certificates by drawings . These are the leading features , although not all , but as a rule , the security is considered fairly good , and in cases where the design confines the Trust solely to the investment of
its capital in different stocks , the character of the security must depend on the discrimination which has been used in dividing the capital and employing it . In selecting ouo of these Trusts for an investment all the best available information should be obtained , the last report of the directors or trustees , the report of the last meeting of certificate holders , and if possible a list of tho securities held iu trust .
The English Funds are fairly quoted , aud no adverse movement is reported in this quarter . For Home Railways there has not been quite such a brisk demand , although the proceedings have not actually changed to weakness . Good dividends have been notified iu several instances , and it ia to be greatly regretted that a want of harmony in working arranf ements between companies prevents the shareholders from reaping the benefits that would otherwise be secured .
The foreign market is moderately firm , and if indications of smoothness could be relied upon , in connection with the money market , it is propable that a firmer feeling would lead to still better prospects . There are scarcely any sew features in regard , to American or