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1138 THE LEADEB/ fKo - *93- Oct. 8, 185^...
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PRICES OF THE PRINCIPAL STOCKS ARID SHAR...
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¦ . last This Week Week
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STOCKS. . ., '. ¦ „ 3 per cent. Consols—...
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* ox. fllv.
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GHENBRAL TRADE REPORT-
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Friday Evoning. Thhrb is nothing new. Or...
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RAILWAY INTELLIGENCE.
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The receipts of the Illinois Central Com...
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Pout of London.—Business during tlio pas...
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JOINT STOCK COMPANIES.
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The prospectus of the East India Steam N...
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BRITISH MARITIME SUPREMACY. The maritime...
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Vnisxon Fisjibiui:8.—Tlio herring fisher...
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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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.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Will Koop Tlio Demand For Monoy Limitod....
now made on account of the Government . We subjoin the returns : — BANK OF BNGLAM ) . An Account , pursuant to the Act 7 th and 8 th Victoria cap . 32 , for the week ending on Wednesday , the 5 th day of October , 1859 : — ISSUE DEPARTMENT . Notes issued . £ 31 , 500 , 930 Goverament Debt £ 11 , O 15 , 1 M Other Securities .. 3 , 459 , » w Gold Coin ^ Bullion 17 , 025 , 930 : Silver Bullion .... £ 31 , 500 , 930 £ 31 , 500 , 930 BANKING DEPARTMENT . I ' mnTioMm' foni- Government Secu- ' 43 " " : "™« isjffi ^ . yss ^« 3 s «| " sss !^^ lii tioniil Debt , and Dividend Ac-• counts ) .... S , 52 S , 088 Other Deposits .... 13 , ^ 71 , 438 Seven Day anil ¦ other Bills ...... 909 , 000 . _^ ¦ £ 40 , 998 , 215 £ 40 , 998 , 215 M . MARSHALL , Chief Cashier . Dated October 0 . 1859 .
1138 The Leadeb/ Fko - *93- Oct. 8, 185^...
1138 THE LEADEB / fKo - * 93- Oct . 8 , 185 ^_
Prices Of The Principal Stocks Arid Shar...
PRICES OF THE PRINCIPAL STOCKS ARID SHARES AT THE CLOSE OF THE MARKET .
¦ . Last This Week Week
¦ . last This Week Week
Stocks. . ., '. ¦ „ 3 Per Cent. Consols—...
STOCKS . . ., ' . ¦ „ 3 per cent . Consols—Money 0 u £ " >> $ Ditto Iieduccd ............ Ditto New . ... BankStock . - ...... 2204 .. India .... ¦ ¦ ~ y Exchequer Bills - <* Z 1 Canada Government 6 per cent . 11 ^ New Brunswick Government 0 per cent New South Wales Government 5 per coat . 1104 youth Australia Government 0 per cent :. 110 Victoria Government 6 per cent ........... Ill Austrian Bonds , 5 per cent Brazilian Bouds , 5 per cent ' . French Kontes , 3 per . cent » .. .. " Mexican Bonds , 3 per cent Peruvian Bonds , 44 per cent Spanish Bonds , 3 per cent ; Turkish Scrip , 0 percent . KAILWAYS . Bristol and Exeter 09 100 Caledonian ,. 881 * 69 * Eastern Counties , 004 50 East Lancashire Great Northern 1014 103 „ Western «* 034 Lancashire and Yorkshire ' . HI * 004 London and Blaokwall 00 00 London , Brighton , and South Coast 112 113 London and North-Western 04 J 04 i London and South-Western 03 94 i Midland IOC * 10 ojf "North British :. 595 60 § North Staffordshire 4 d 3 Sd Oxford , Worcester , and Wolveihampton .. 32 33 . South-Eastern 76 ft 77 A South Wales 03 $ 72 * . Bombay , Barodannd Central India 17 17 Calcutta and South Eastern . Jrm Kastern Bengal Xd Id East Indian 1004 101 Great Indian l ' vnlnsula 98 074 Madras 00 80 Scindo .., 104 10 i Buffalo and Lako Huron ., 64 04 Grand Trunk of Canada 30 89 Great Western of Canada 13 £ 144 Antwerp and Kotterdam .... 4 ft & Butch lllionlsh 4 | d 4 d Eastern of Franco , & 274 Great J-. uxemburg ...: ¦ 7 » 7 « Lombttrdo-Venotian .. p »* p Northern of France . 374 « 74 Paris , Lyons , n ^ d Mediterranean 35 304 Paris and Orleans go 07 Southern of Franco . 21 21 Western and INorth-Wostorn of X ^ rnnoe .. . 834 2-1
* Ox. Fllv.
* ox . fllv .
Ghenbral Trade Report-
GHENBRAL TRADE REPORT-
Friday Evoning. Thhrb Is Nothing New. Or...
Friday Evoning . Thhrb is nothing new . Orders continuo to bo numerous in the manufacturing districts , and business is both extensive and profitable . Porhaps tho manufacturers of textile fabrics have boon making as great profits within tho last six months as over they made ? and tho incomes of the middle classes , which have latterly increased vory fasti , go on increasing , rrom no quarter do complaints come , ana to hear no complaint is a certain sign of genoral prosperity . Trade is now Mice agriculture , settled ana regular , nnd what is true of It In ono week will servo for tho report the next . Tho corn markets generally are firm but quiot . In Mark-lane to-day the show of foreign wheat was
large , but once more steady . Flour , too , was firm , with a good consumptive business . From all quarters the reports of the harvest , now generally finished , are favourable , though our . crop of wheat will hot be so large this year as last . It is of various qualities , and while some is very light some is extremely good . It is very satisfactory to know that the bulk of the . subsistence of the people for the next year is assured . The sales of sugar in the week have been small , and the prices remain about the same . Coffee has been sold in greater abundance , at improved prices . Tea has been dull , notwithstanding the dispute with China , which , probably , will not interrupt the trade .
A good deal of interest now attaches to tallow , which has been largely bought up in Russia , with a view to get a high price in our market . . But the speculators will be deceived . The market is flat . So many substitutes for tallow are now found , that it will only be -purchased at a certain price , and when the price rises above this people will not buy it . Speculators for a great rise are , therefore , sure to be defeated . Our whole trade is in a most satisfactory condition .
Railway Intelligence.
RAILWAY INTELLIGENCE .
The Receipts Of The Illinois Central Com...
The receipts of the Illinois Central Company for the first half of September exhibit a , decided improvement , the traffic amounting to 125 , 000 dollars and the receipts from the land department to 32 , 000 dollars . The fourth ordinary general meeting of theBAjiiA and San Francisco Kaiiavay Company is called for the 31 st inst . The half-yearly guaranteed interest will be payable on the 14 th inst . The Earl of Besborough lias resigned the chairmanship of the Wateheord and Kilkenny Hailway . It is stated that the London portion of the board refused to confirm some act of the local committee , and in consequence , Lord Besborough declined to continue to act as their chairman .
An extraordinary meeting of the Dartmouth and Torbay Company was held last week at Paignton , for the purpose of authorising the directors to borrow from time to time , on bond or mortgage , such sums as they might think fit , not exceeding in the whole . £ 30 , 000 . A formal resolution in accordance with the objects of the meeting , was carried unanimously . . The general meeting of the Great Nojith of Scotland Company was held at Aberdeen on Saturday . The chairman said that the best test of the prosperity of the line vras that they were enabled to propose a dividend at the rate of £ 5 9 s . Id . per cent , for the eleven months ending the 31 st of July last on both the original and preference shares , or 5 per cent , for the full year . The weekly traffic return of the Great Western Railway of Canada shows a decrease of . £ 3 G 6 .
At the half-yearly meeting of the proprietors in the Great Westerx Hailway of Canada the directors' report was adopted . No dividend was declared , and a surplus of £ 8 , 167 was carried to the credit of the next half year ' s accpunt . The chairman and the manager in Canada both spoke hopefully of the prospects of the company , after the severe trials it had lately been encountering . The competition of other lines resulted this half-year in a loss of £ 15 , 000 , but the competition was now at an end , and there was now every reason to hope that it would not be revived . The cost of working this half-year had been , £ 120 , 400 ; whereas in the corresponding half of 1856 , when the company had fifty miles less to work , the cost was . £ 104 , 000 . An admirable traffic arrangement had . been made with the Grand Trunk lino , and competition would in future be avoided .
The twentieth half-yearly meeting of the Great Indian Pjksninsuxau liAir-WAY Company is called for the 28 th instant , when a resolution will bo submitted , authorising the directors to exercise the company's borrowing powers . A general meeting of tlie Oude Railway Company is called for the 20 th instant . The first general mooting of the Nuneaton and HiNoiciiMY Railway Company is called for the 19 th inst ., at Uinckloy , The first sod of the railway will subsequently bo turned .
Pout Of London.—Business During Tlio Pas...
Pout of London . —Business during tlio past week . has not been quite so active . The number of 'vessels announced at'the Custom House as having arrived from foreign ports amounted to 100 ; there wore six from Ireland anil 118 colliers ; the entries outwards were 133 , and those cleared 107 , besides ton in ballast . The departures fur the Australian colonies have been six vessels , comprising one to Sydney , of 1 , 287 tons j one to Port Philip , of 1 , 405 tons > one to Launcoston , of 405 tons ; one to Swan River , of 200 tons t and two to New Zealand , of 1 , 694 tons . Totul tonnage 6 , 121 ,
Joint Stock Companies.
JOINT STOCK COMPANIES .
The Prospectus Of The East India Steam N...
The prospectus of the East India Steam Navigation Company ( limited ) is issued , with a pronosed capital , of 120 , 000 * ., in 24 , 000 shares of 5 Z / each The object is to scud out steamers ; to navigate the inland rivers of India , It is promised that the first vessels shall be ready for shipment within five months . Notice is given that a petition for the winding up of the Newcastle Commercial Banking Company is expected to be heard before the Ma ster of the llolls on the 17 th inst . At a special meeting of the General Steam Navigation Company Mr . Philip Twclls was elected a director in the place of Mr . 11 . IVP-neluird deceased .
British Maritime Supremacy. The Maritime...
BRITISH MARITIME SUPREMACY . The maritime supremacy of Great Britain , whether in peace or war , is a matter of the greatest importance to her people , involving , as it docs , the verv existence of the nation as a first-rate power , mid as a home of liberty . No just or useful comparison can be instituted between England and any other country on the face of the globe ; and if we claim for her the supremacy of the ocean , it is not w ith a view to aggression and wrong , but simply because such a supremacy is essential to her prosperity ; we gain on the ocean what we lack in territorial dominion , and half our population , at least , , may be said to find their employment and sustenance directly or indirectly from our supremacv of the * seas .
The ocean is to England Avhat France is to the French , it is a part of our possessions , ' held by virtue of that providential decision which once swept French , Spanish , Dutch , and other national fleets from the seas . Possessed of naval supremacy without a . rival now for More than fifty years , , wc ¦ find ourselves , at last in a 'fair ' way of losing it : From sonic hitherto unexplained Cause the French are gaining rapidly upon us in the minibc-r oi . ' their merchant seamen , and in the size and cLuracltr of their war . fleet . The French seamen , ji ' s we have repeatedly set forth iu these columns , are all available . for purposes of war * and are iif fact trained to war ; and it is equally well known that both the Russian and -French Governments desire a mercantile marine
not for the commercial enrichment of their subjects , but for the ostensible purpose of political aggrandisement , having learnt to their cost , in time * past , that sailors can only be formed by long experience on the seas , and that soldiers and landsmen however well drilled and appointed , are useless for coiih bats on the boisterous ocean . The mercantile navy of France is only a very secondary prop to tho prosperity of the p ' eoplL > , and , indeed , might be dispensed with altogether , without any material injury to the nation ; but ; is a nursery for fiyliting men who can work yiws upon the rolling decks of a man of war , it is highly serviceable , and every one of the seamen may bu abstracted from peaceful
pursuits and concentrated upon any ambitious project her rulers may devise . Not so , however , with Great Britain . Our mercantile marine , although numbering three thuds as lminy sailors as the French possess , is essential to our well-being , and even supposing that the seamen were nil liable for war service , we dare not abstract tlioni altogether from the pursuits of that commerce , which must bo continued vigorously under nil circumstances--and especially in war time , when the revenue needs sible assistance and support—so tlint
every pos the French may probably possess as large an available force of seamen for war purposes as ourselves . Setting all matters of policy aside , the broad question wo have to ask ourselves as a responsible peopic , boil : in Parliament , and out of Parliament , is tins , — Are wo making the Lost use of the many undoubted advantages wo still possess for securing undisturuoa our maritime supremacy ? If we reeogniac tlio ocean as tho Briton ' s providential birthright ,, uro wo piepared to sell that goodly heritngo for the sake ot a tiimnnriOT . nml Lllusorv neaco V Wo dnro not ft """*
unadvisedly , or recommend evil that good -may come ; but if a great naval war wore possiblo lit tho cost oi money only , without nny cxpenditureof precious liufl . wo should hail its appeairanco as the h : u ; b iigtn o good , and welcome gfodly tho . thunder which alw ma arouso us from tho lethargic 1 mlinference and menu indolenco which at present oharaoiovlao « ' rttf people . —Steam Shliwluy Chronicle .
Vnisxon Fisjibiui:8.—Tlio Herring Fisher...
Vnisxon Fisjibiui : 8 . —Tlio herring fishery , ono of the most productive branchos ot cohhui b industry In Franco , siml which forms onuuHoiu seamen for tho Imperial navy , has boon niosv successful this your . Tlio greater nunibur oi tho boats employed In fishing on tho o 0 " ? ' S Scotland and Yarmouth have returned wltw m " cnrgoes .
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Citation
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Leader (1850-1860), Oct. 8, 1859, page 22, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_08101859/page/22/
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