Skip to main content
Museum of Freemasonry

Masonic Periodicals Online

  • Explore
  • Advanced Search
  • Home
  • Explore
  • The Freemason's Chronicle
  • April 10, 1875
  • Page 11
  • MONEY MARKET AND CITY NEWS.
Current:

The Freemason's Chronicle, April 10, 1875: Page 11

  • Back to The Freemason's Chronicle, April 10, 1875
  • Print image
  • Articles/Ads
    Article OUR WEEKLY INTELLIGENCE. ← Page 4 of 4
    Article MONEY MARKET AND CITY NEWS. Page 1 of 1
    Article MONEY MARKET AND CITY NEWS. Page 1 of 1
Page 11

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Our Weekly Intelligence.

being spared in its production , so that it may not be unworthy of the great event it is intended to record , nor of its august original . We are informed that the highest talent is employed upon it , under the superintendence of Bro . J . Harty , of Lodge 1201 . This will prove an enduring

memorial of our triumph over the unmerited criticisms and too confident prophecies as to the decadence of onr Order , which were so rife amongst our detractors last year . The price of India proofs , a limited number of which only will

be issued , and which will be guaranteed by a stamp , is £ 1 Is , and of ordinary copies 10 s Cd to subscribers only . Application should be made either to Bro . Harty , of 9 Barnard's Inn , Holborn , or to Spencer and Co ., 23 A Great Queen Street , W . C .

The death occurred , on Monday last , of Mr . A . R . Bristow , Solicitor to the Admiralty , to which post he was appointed in 1862 . He formerly represented Kidderminster in Parliament . It is announced that the vacancy thus caused will not be filled up for the present .

The Earl of Mount Edgcumbe P . G . M . of Cornwall , has decided upon holding this year ' s meeting of the Provincial Grand Lodge at Callington .

The season at Her Majesty ' s , Drury Lane , will commence this evening , with the performance of Beethoven's Fidelia , Mdlle . Titiens enacting the role of Leonora . Bro . Sir M . Costa will , as we announced last week , resume his post as director of the music and conductor .

The programme of arrangements for the season 1875-6 at the Alexandra Palace , Muswell Hill , has been issued . It is full enough to justify a lengthy notice , which ,

accordingly , we shall give next week . Suffice it , for the present to say , that everything has been done to make the season an attractive one , and we have not the slightest doubt that the efforts of the directors Avill be successful .

By the time our present number is in the hands of our readers , Captain Boyton will have started from Dover on his trip across the Channel to Boulogne . According to the latest arrangements , the Pier authorities have given him permission to start from any part of that structure he may

select , at eleven o'clock on Friday night ; and it is expected he will reach Boulogne Pier between 1 and 3 p . m . this day . It is a venturesome journey , but it is expected Captain Boyton will achieve a victory . The Royal Humane Society

is watching the proceedings with intense interest , and rightly , for a greater boon to our sailors and those who so often risk their lives in rescuing shipwrecked people from the jaws of death cannot be imagined . We wish Captain Boyton a prosperous journey across "the silver streak" of sea .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FRIDAY . The Board of Trade returns for tbe month of March do not show any improvement in onr export trade , the total value being £ 18 , 006 , 223 against £ 20 , 100 , 814 in the corresponding month of 1 S 74 , or a decline of 7 i per cent ., while , compared with that of 1873 , the

falling off is equal to 14 J per cent . This resnlt is in great measure due to the large decrease in tho shipments of coal and iron , the quantity of the former being nearly 2 per . cent , less than in 1874 , while in iron there has been a small increase in the raw material , which , however , is more than counterbalanced by the decrease in the

manufactured article , which has fallen oiF nearly £ 600 , 000 , leaving a deficit on the total of 24 $ per cent . Machinery has increased in value nearly 10 per cent ., woollen cloths , in quantity , 13 J per cent ., worsted stull's 3 : £ per cent ., and jute goods u £ per cent ., while cottonyarn has declined 15 £ per cent ., haberdashery 7 per cent ., and silk

manufactures 17 per cent . The usual weekly return of the Bank of England , issued yesterday , shows a large decrease in the reserve , resulting froin the payment of dividends , the which commenced on Tuesday , yet the proportion of

reserve to liabilities has increased If percent , from 34 £ last week to 35 | . No change was made iu the rate of discount . Consols are quoted 93 i to 93 i for money , being an increase of i as compared with last week . The return of the Banker ' s Clsaring-houBe for the week , ending 7 th

Money Market And City News.

April , shows that £ 120 , 213 , 000 in cheques and bills passed through that establishment . Tho imports show an increase of 4 per cent ., being £ 30 , 920 , 747 compared with £ 29 , 748 , 844 in March 1874 . The chief feature in

this part of the return is a very large import of raw cotton , the arrivals being 1 , 831 , 539 cwts . against 1 , 273 , 241 cwts . in March last , or au increase of about 44 per cent . The quantity of wheat was 29 per cent , less , while tea was 32 per cent , more than in March 1874 .

At a general conrt of tho proprietors of the Bank of England , held on Tuesday , Mr . Henry Hacks Gibbs was elected governor , and Mr . Edward Howley Palmer deputy governor for the ensuing year . Mr . John Francis retired on Thursday from the postion of chief acconntant to the Bank of England , a post he has held for the past

five years . He is well known in the City as the author of the "His . tory of tho Bank of England , " and other works . Mr . Henry Gerald Aylmer was appointed as his snccessor , and Mr . Thomas William Innes deputy acconntant . Advices from Paris state that all idea of the issue of a new French

loan this year has been abandoned . At the ordinary general meeting of the Delhi and London Bank Limited , held on the 7 th inst ., a dividend of 4 } per cent , per annum was declared , the net profit for the half year , including the amount

brought forward , being £ 10 , 021 . A dividend and bonns , making 12 J- per cent , for the year , was declared at the meeting of the Anglo-Foreign Banking Company Limited , held on Thursday , the reserve fund being increased by £ 32 . 000 .

The net profit of the Bank of British North America for the year 1874 is stated to be £ 109 , 925 . It is proposed to pay a dividend at the rate of 10 per cent , per annum . An interim dividend at the rate of 10 per cent , per annum has been declared by the directors of the Bank of Alexandria : one of 6

per cent , on preference , and 5 per cent , on ordinary shares , by the Globe Telegraph and Trust Company Limited , and one of 5 s per share for the quarter ending 31 st March last by the Western and Brazilian Telegraph Company Limited . The English Eailway Market lias been exceedingly buoyant during

the week , the principal changes being increases of 3 g per cent , in Metropolitan District , 3 £ - in London and South Western , 3 J in Midland , 2 § each in South Eastern and London and Brighton Deferred , 2 f in North British , 2 i in Metropolitan , 2 eacb in Manchester aud Sheffield and Lancashire and Yorkshire , while most others exhibit an increase : Chatham , and Dover show a decrease

of 1 * . Canadian and Foreign Railways generally show little difference from last week . Mr . James M'Henry , in a circular issued to fhe proprietors of the Atlantic and Great Western Railroad , briefly sketches the hisi-ory of

the nndertakiug , and states that his efforts have saved the property , but proven the absurdity of dependence on the Erie Railway Company . He adds , that companies even more powerful than the Erie are 'willing aud anxious to exchange traffic , & c , over the several systems , that the reconstitution of the company is nnder discussion ,

and that "a railway passing over inexhaustible coalfields , and through districts producing ten million barrels of petroleum annually , and connecting the States of New York , Pennsylvania , and Ohio must , sooner or later , nnder a well-directed management , prove a prosperous concern . "

A dividend at the rate of 7 per cent , per annum was recommended at tho meeting of the San Paulo ( Brazilian ) Railway Company Limited . The profits , after deducting interest on debentures and debenture stock amounting to £ 113 , 148 . The report of the Recife and San Francisco Pernambuco Railway Company Limited , to bo

presented to tho meeting on the 13 th inst ., announces tho proposed pay ment of a dividend for the half-year at the rate of 5 i per cent , per anunm , leaving £ 1137 to be carried forward . The report of the National Life Assurance Society shows that the policies issned during 1874 were 10 per cent , in excess of those

issued in 1873 ; tbe Assurance Fund now represents £ 004 , 590 . The new policies issued by the British Empire Mutual Life Assurance Company during tho past year wore 915 in number , yielding in proniinms £ 7 , 318 ; the total income of the year was £ 116 , 423 , and the accumulated fund is now £ 574 , 230 .

At the meeting of tho London and County Provident Institution , held on 7 th inst ., it was stated that the revenue of tho society for the past year was £ 2 , 586 , being an iu ¦ ¦ -. <¦ case of nearly 40 per cent , over that of the previous year .

The report of tho Cuba Submarine- Telegraph Company shows an available total of £ 2 , 897 . The dividends for the year 1874 of the Eastern Extension , Australasia and China Telegraph Company Limited , amounted to 6 i per cent , per annum , the reserve fund now stands at £ 75 . 453 .

At the half-yearly meeting of tho South Metropolitan Gaslight and Coke Company , held on the 5 th inst ., a dividend at the rate of 5 pet cent , was declared making 10 per cent , for the year . The accounts , subject to audit , of the Australian Moat Agency ( Tallennan ' s ) Company Limited shew a balance sufficient to pay tho usual dividend of 10 per cent .

“The Freemason's Chronicle: 1875-04-10, Page 11” Masonic Periodicals Online, Library and Museum of Freemasonry, 24 May 2025, django:8000/periodicals/fcn/issues/fcn_10041875/page/11/.
  • List
  • Grid
Title Category Page
THE INSTALLATION OF H.R.H. THE PRINCE OF WALES. Article 1
THE GIRLS' AND BOYS' SCHOOLS. Article 1
TYPES OF MASONIC CHARACTER. Article 2
EAST, WEST AND SOUTH. Article 3
GREAT QUEEN STREET. Article 4
CAGLIOSTRO. Article 5
SONG. Article 6
REVIEWS. Article 7
CORRESPONDENCE. Article 7
HONOUR ITS OWN REWARD. Article 7
THE THEATRES, &c. Article 8
Untitled Article 8
Untitled Article 8
Untitled Ad 8
Untitled Ad 8
Untitled Article 8
OUR WEEKLY INTELLIGENCE. Article 8
MONEY MARKET AND CITY NEWS. Article 11
DIARY FOR THE WEEK. Article 12
NOTICES OF MEETINGS. Article 12
THE DRAMA. Article 14
RAILWAY TRAFFIC RETURNS. Article 14
Untitled Ad 14
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 15
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Page 1

Page 1

3 Articles
Page 2

Page 2

3 Articles
Page 3

Page 3

3 Articles
Page 4

Page 4

3 Articles
Page 5

Page 5

3 Articles
Page 6

Page 6

3 Articles
Page 7

Page 7

3 Articles
Page 8

Page 8

7 Articles
Page 9

Page 9

2 Articles
Page 10

Page 10

2 Articles
Page 11

Page 11

3 Articles
Page 12

Page 12

3 Articles
Page 13

Page 13

2 Articles
Page 14

Page 14

4 Articles
Page 15

Page 15

7 Articles
Page 16

Page 16

19 Articles
Page 11

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Our Weekly Intelligence.

being spared in its production , so that it may not be unworthy of the great event it is intended to record , nor of its august original . We are informed that the highest talent is employed upon it , under the superintendence of Bro . J . Harty , of Lodge 1201 . This will prove an enduring

memorial of our triumph over the unmerited criticisms and too confident prophecies as to the decadence of onr Order , which were so rife amongst our detractors last year . The price of India proofs , a limited number of which only will

be issued , and which will be guaranteed by a stamp , is £ 1 Is , and of ordinary copies 10 s Cd to subscribers only . Application should be made either to Bro . Harty , of 9 Barnard's Inn , Holborn , or to Spencer and Co ., 23 A Great Queen Street , W . C .

The death occurred , on Monday last , of Mr . A . R . Bristow , Solicitor to the Admiralty , to which post he was appointed in 1862 . He formerly represented Kidderminster in Parliament . It is announced that the vacancy thus caused will not be filled up for the present .

The Earl of Mount Edgcumbe P . G . M . of Cornwall , has decided upon holding this year ' s meeting of the Provincial Grand Lodge at Callington .

The season at Her Majesty ' s , Drury Lane , will commence this evening , with the performance of Beethoven's Fidelia , Mdlle . Titiens enacting the role of Leonora . Bro . Sir M . Costa will , as we announced last week , resume his post as director of the music and conductor .

The programme of arrangements for the season 1875-6 at the Alexandra Palace , Muswell Hill , has been issued . It is full enough to justify a lengthy notice , which ,

accordingly , we shall give next week . Suffice it , for the present to say , that everything has been done to make the season an attractive one , and we have not the slightest doubt that the efforts of the directors Avill be successful .

By the time our present number is in the hands of our readers , Captain Boyton will have started from Dover on his trip across the Channel to Boulogne . According to the latest arrangements , the Pier authorities have given him permission to start from any part of that structure he may

select , at eleven o'clock on Friday night ; and it is expected he will reach Boulogne Pier between 1 and 3 p . m . this day . It is a venturesome journey , but it is expected Captain Boyton will achieve a victory . The Royal Humane Society

is watching the proceedings with intense interest , and rightly , for a greater boon to our sailors and those who so often risk their lives in rescuing shipwrecked people from the jaws of death cannot be imagined . We wish Captain Boyton a prosperous journey across "the silver streak" of sea .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FRIDAY . The Board of Trade returns for tbe month of March do not show any improvement in onr export trade , the total value being £ 18 , 006 , 223 against £ 20 , 100 , 814 in the corresponding month of 1 S 74 , or a decline of 7 i per cent ., while , compared with that of 1873 , the

falling off is equal to 14 J per cent . This resnlt is in great measure due to the large decrease in tho shipments of coal and iron , the quantity of the former being nearly 2 per . cent , less than in 1874 , while in iron there has been a small increase in the raw material , which , however , is more than counterbalanced by the decrease in the

manufactured article , which has fallen oiF nearly £ 600 , 000 , leaving a deficit on the total of 24 $ per cent . Machinery has increased in value nearly 10 per cent ., woollen cloths , in quantity , 13 J per cent ., worsted stull's 3 : £ per cent ., and jute goods u £ per cent ., while cottonyarn has declined 15 £ per cent ., haberdashery 7 per cent ., and silk

manufactures 17 per cent . The usual weekly return of the Bank of England , issued yesterday , shows a large decrease in the reserve , resulting froin the payment of dividends , the which commenced on Tuesday , yet the proportion of

reserve to liabilities has increased If percent , from 34 £ last week to 35 | . No change was made iu the rate of discount . Consols are quoted 93 i to 93 i for money , being an increase of i as compared with last week . The return of the Banker ' s Clsaring-houBe for the week , ending 7 th

Money Market And City News.

April , shows that £ 120 , 213 , 000 in cheques and bills passed through that establishment . Tho imports show an increase of 4 per cent ., being £ 30 , 920 , 747 compared with £ 29 , 748 , 844 in March 1874 . The chief feature in

this part of the return is a very large import of raw cotton , the arrivals being 1 , 831 , 539 cwts . against 1 , 273 , 241 cwts . in March last , or au increase of about 44 per cent . The quantity of wheat was 29 per cent , less , while tea was 32 per cent , more than in March 1874 .

At a general conrt of tho proprietors of the Bank of England , held on Tuesday , Mr . Henry Hacks Gibbs was elected governor , and Mr . Edward Howley Palmer deputy governor for the ensuing year . Mr . John Francis retired on Thursday from the postion of chief acconntant to the Bank of England , a post he has held for the past

five years . He is well known in the City as the author of the "His . tory of tho Bank of England , " and other works . Mr . Henry Gerald Aylmer was appointed as his snccessor , and Mr . Thomas William Innes deputy acconntant . Advices from Paris state that all idea of the issue of a new French

loan this year has been abandoned . At the ordinary general meeting of the Delhi and London Bank Limited , held on the 7 th inst ., a dividend of 4 } per cent , per annum was declared , the net profit for the half year , including the amount

brought forward , being £ 10 , 021 . A dividend and bonns , making 12 J- per cent , for the year , was declared at the meeting of the Anglo-Foreign Banking Company Limited , held on Thursday , the reserve fund being increased by £ 32 . 000 .

The net profit of the Bank of British North America for the year 1874 is stated to be £ 109 , 925 . It is proposed to pay a dividend at the rate of 10 per cent , per annum . An interim dividend at the rate of 10 per cent , per annum has been declared by the directors of the Bank of Alexandria : one of 6

per cent , on preference , and 5 per cent , on ordinary shares , by the Globe Telegraph and Trust Company Limited , and one of 5 s per share for the quarter ending 31 st March last by the Western and Brazilian Telegraph Company Limited . The English Eailway Market lias been exceedingly buoyant during

the week , the principal changes being increases of 3 g per cent , in Metropolitan District , 3 £ - in London and South Western , 3 J in Midland , 2 § each in South Eastern and London and Brighton Deferred , 2 f in North British , 2 i in Metropolitan , 2 eacb in Manchester aud Sheffield and Lancashire and Yorkshire , while most others exhibit an increase : Chatham , and Dover show a decrease

of 1 * . Canadian and Foreign Railways generally show little difference from last week . Mr . James M'Henry , in a circular issued to fhe proprietors of the Atlantic and Great Western Railroad , briefly sketches the hisi-ory of

the nndertakiug , and states that his efforts have saved the property , but proven the absurdity of dependence on the Erie Railway Company . He adds , that companies even more powerful than the Erie are 'willing aud anxious to exchange traffic , & c , over the several systems , that the reconstitution of the company is nnder discussion ,

and that "a railway passing over inexhaustible coalfields , and through districts producing ten million barrels of petroleum annually , and connecting the States of New York , Pennsylvania , and Ohio must , sooner or later , nnder a well-directed management , prove a prosperous concern . "

A dividend at the rate of 7 per cent , per annum was recommended at tho meeting of the San Paulo ( Brazilian ) Railway Company Limited . The profits , after deducting interest on debentures and debenture stock amounting to £ 113 , 148 . The report of the Recife and San Francisco Pernambuco Railway Company Limited , to bo

presented to tho meeting on the 13 th inst ., announces tho proposed pay ment of a dividend for the half-year at the rate of 5 i per cent , per anunm , leaving £ 1137 to be carried forward . The report of the National Life Assurance Society shows that the policies issned during 1874 were 10 per cent , in excess of those

issued in 1873 ; tbe Assurance Fund now represents £ 004 , 590 . The new policies issued by the British Empire Mutual Life Assurance Company during tho past year wore 915 in number , yielding in proniinms £ 7 , 318 ; the total income of the year was £ 116 , 423 , and the accumulated fund is now £ 574 , 230 .

At the meeting of tho London and County Provident Institution , held on 7 th inst ., it was stated that the revenue of tho society for the past year was £ 2 , 586 , being an iu ¦ ¦ -. <¦ case of nearly 40 per cent , over that of the previous year .

The report of tho Cuba Submarine- Telegraph Company shows an available total of £ 2 , 897 . The dividends for the year 1874 of the Eastern Extension , Australasia and China Telegraph Company Limited , amounted to 6 i per cent , per annum , the reserve fund now stands at £ 75 . 453 .

At the half-yearly meeting of tho South Metropolitan Gaslight and Coke Company , held on the 5 th inst ., a dividend at the rate of 5 pet cent , was declared making 10 per cent , for the year . The accounts , subject to audit , of the Australian Moat Agency ( Tallennan ' s ) Company Limited shew a balance sufficient to pay tho usual dividend of 10 per cent .

  • Prev page
  • 1
  • 10
  • You're on page11
  • 12
  • 16
  • Next page
  • Accredited Museum Designated Outstanding Collection
  • LIBRARY AND MUSEUM CHARITABLE TRUST OF THE UNITED GRAND LODGE OF ENGLAND REGISTERED CHARITY NUMBER 1058497 / ALL RIGHTS RESERVED © 2025

  • Accessibility statement

  • Designed, developed, and maintained by King's Digital Lab

We use cookies to track usage and preferences.

Privacy & cookie policy