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Article SUMMARY OF NEWS FOR AUGUST. ← Page 5 of 9 →
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Summary Of News For August.
it was stated , an increase of £ 750 Is . lid . in tho earnings of the line on the hall year . On the 1 st of August , tho Manchester , Sheffield ancl Lincoln Company declared a dividend of 2 * . 6 d . per share for the half year on their ordinary stock . At the meeting of the company of the Copper Miners of England , held the same clay , it was stated that they had lost £ 1 , 017 2 * . 4 d . by the failure of Strahan , Paul ancl Co . Sir John Dean Paul had been the chairman of the company . The proprietors of the Royal British Bank met on the Srd , ancl declared a dividend of C
percent , per annum . On the 7 th , the Screw Collier Ship Company divided 10 per cent , per annum out of the earnings of tho year , leaving a surplus of 17 , 000 / . to be carried to the next account . On the 9 th , the North of Europe Steam Packet Company declared a dividend of 8 per cent . On the same day the Crystal Palace Company met but made no dividend . On the 10 th , the South Western Railway Company met and divided 4 , 1 . Is . Gd . per cent . On the 13 th , the Glo ' ster and Dean Forest Railway Company divided 4 percent . On the I 4 tbthe BlackwallRailway Company divided
, 2 * . 9 c / . per share for the half year ; and the North and South Western Junction Company 1-J- per cent , for the same period . On the same day , the Ulster Company declared a dividend of 14 * . per share out of the profits of four months'working . On the same date , the Stockton and Darlington Company declared a dividend of 9 per cent , per annum . On the 15 th , the London and North Western Company held then " half-yearly meeting , when it appeared that in consequence of the competition of the Great Western Company in the conveyance of passengers to the norththere had
, been a falling off in that traffic to the extent of 29 , 394 / . There had , however , been an increase of 36 , 413 / . on the goods traffic , shewing a net increase to the extent of 7 , 019 / . on the half year . There hacl also been a saving of 1421 / . in the workingexpenses . The net receipts amounted to 495 , 104 / . 2 * . 9 c / ., which , with 71 , 270 / ., the
balance from the last audit , gave the sum of 560 , 374 / . 14 s ., chargeable , however , with 23 , 559 / . 11 * . 4 c / . for the renewal of rails , as available for a dividend . A dividend of 21 . Is . 0 d . per cent , for the half year , equivalent to 535 , 865 / . 1 * . 2 c / ., leaving 6950 / . to be carried to the next half year ' s account . At the meeting of the North London , held the same day , a dividend of 21 . per cent , for the half year was declared , and power was given to the directors to borrow 25 , 000 / . on debenture . The East Lancashire met the same day , ancl divided 3-J per cent , on the ordinary stock . On the
16 th , Mr . Robt . W . Crawford , chairman of the East India Railway Company , announced to the proprietors that the line would be completed in 1860 . The Great Western Company met the same day , and declared a dividend of 1 per cent , on the half year . Notwithstanding an increase of 2 fj , 880 / . in the receipts of the company , there was , owing to the increase of working expenses ancl other causes on the year , a deficiency of 31 , 953 / . On the 22 nd , the Midland Company met at Derby , and after paying the guaranteed dividends , consolidated the paid up shares with stock . On
the same day , the Dublin and Belfast Junction Company divided at the rate of 5 per cent . On the 23 rd , the North Eastern Company declared dividends as follows : — -On the Berwick stock , 3- | per cent , per annum ; on tho York stock , 2 per cent . ; and on the Leeds preference , fi per cent . The Bristol ancl Exeter Company the same day divided 21 . 5 s . per share for the half-year . At the meeting of the General Screw Steam Company , held on the 24 th , the directors reported that , after paying 22 , 3121 . to the reserve fund , there was on the half year a netfc profit of 96 , 585 , which they
agreed to apply to the payment of the outstanding liabilities , thereby reducing them to 53 , 457 / . The Great Northern Company met on the 25 th , and after the payment of the guaranteed dividends , declared one of 21 . 5 s . per cent , per annum on the original undivided stock of the company . BENEVOLENT .
The Job and Post Masters' Benevolent Association met at Tattersall ' s , on the 27 th of July , when a very favourable report was presented by the committee of management , in which it was stated that the society now numbered 240 members , and had £ 14 , 033 Is . 1 Id . funded capital . In the course of the past year , annuities of £ l 3 per annum each were granted to three ladies , the widows of members , and the sum of i . 1 was voted to
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Summary Of News For August.
it was stated , an increase of £ 750 Is . lid . in tho earnings of the line on the hall year . On the 1 st of August , tho Manchester , Sheffield ancl Lincoln Company declared a dividend of 2 * . 6 d . per share for the half year on their ordinary stock . At the meeting of the company of the Copper Miners of England , held the same clay , it was stated that they had lost £ 1 , 017 2 * . 4 d . by the failure of Strahan , Paul ancl Co . Sir John Dean Paul had been the chairman of the company . The proprietors of the Royal British Bank met on the Srd , ancl declared a dividend of C
percent , per annum . On the 7 th , the Screw Collier Ship Company divided 10 per cent , per annum out of the earnings of tho year , leaving a surplus of 17 , 000 / . to be carried to the next account . On the 9 th , the North of Europe Steam Packet Company declared a dividend of 8 per cent . On the same day the Crystal Palace Company met but made no dividend . On the 10 th , the South Western Railway Company met and divided 4 , 1 . Is . Gd . per cent . On the 13 th , the Glo ' ster and Dean Forest Railway Company divided 4 percent . On the I 4 tbthe BlackwallRailway Company divided
, 2 * . 9 c / . per share for the half year ; and the North and South Western Junction Company 1-J- per cent , for the same period . On the same day , the Ulster Company declared a dividend of 14 * . per share out of the profits of four months'working . On the same date , the Stockton and Darlington Company declared a dividend of 9 per cent , per annum . On the 15 th , the London and North Western Company held then " half-yearly meeting , when it appeared that in consequence of the competition of the Great Western Company in the conveyance of passengers to the norththere had
, been a falling off in that traffic to the extent of 29 , 394 / . There had , however , been an increase of 36 , 413 / . on the goods traffic , shewing a net increase to the extent of 7 , 019 / . on the half year . There hacl also been a saving of 1421 / . in the workingexpenses . The net receipts amounted to 495 , 104 / . 2 * . 9 c / ., which , with 71 , 270 / ., the
balance from the last audit , gave the sum of 560 , 374 / . 14 s ., chargeable , however , with 23 , 559 / . 11 * . 4 c / . for the renewal of rails , as available for a dividend . A dividend of 21 . Is . 0 d . per cent , for the half year , equivalent to 535 , 865 / . 1 * . 2 c / ., leaving 6950 / . to be carried to the next half year ' s account . At the meeting of the North London , held the same day , a dividend of 21 . per cent , for the half year was declared , and power was given to the directors to borrow 25 , 000 / . on debenture . The East Lancashire met the same day , ancl divided 3-J per cent , on the ordinary stock . On the
16 th , Mr . Robt . W . Crawford , chairman of the East India Railway Company , announced to the proprietors that the line would be completed in 1860 . The Great Western Company met the same day , and declared a dividend of 1 per cent , on the half year . Notwithstanding an increase of 2 fj , 880 / . in the receipts of the company , there was , owing to the increase of working expenses ancl other causes on the year , a deficiency of 31 , 953 / . On the 22 nd , the Midland Company met at Derby , and after paying the guaranteed dividends , consolidated the paid up shares with stock . On
the same day , the Dublin and Belfast Junction Company divided at the rate of 5 per cent . On the 23 rd , the North Eastern Company declared dividends as follows : — -On the Berwick stock , 3- | per cent , per annum ; on tho York stock , 2 per cent . ; and on the Leeds preference , fi per cent . The Bristol ancl Exeter Company the same day divided 21 . 5 s . per share for the half-year . At the meeting of the General Screw Steam Company , held on the 24 th , the directors reported that , after paying 22 , 3121 . to the reserve fund , there was on the half year a netfc profit of 96 , 585 , which they
agreed to apply to the payment of the outstanding liabilities , thereby reducing them to 53 , 457 / . The Great Northern Company met on the 25 th , and after the payment of the guaranteed dividends , declared one of 21 . 5 s . per cent , per annum on the original undivided stock of the company . BENEVOLENT .
The Job and Post Masters' Benevolent Association met at Tattersall ' s , on the 27 th of July , when a very favourable report was presented by the committee of management , in which it was stated that the society now numbered 240 members , and had £ 14 , 033 Is . 1 Id . funded capital . In the course of the past year , annuities of £ l 3 per annum each were granted to three ladies , the widows of members , and the sum of i . 1 was voted to