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TSTn. 452. November 20, 1858J THE LEADER...
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> Trade of Belgium.—The following partic...
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l p BANK OF ENGLAND. An Account, pursuan...
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FliOM THE LONDON GAZETTK. Tuesday, Novem...
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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.
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Money Market And Stock Exchange. Fkiday ...
_ ^ " ^^^^^^^ m ^ ^ on the part of creditors . Numerous public works , however , were in hand . A bill for making the Kapunda Railway had been introduced into the parliament , and a line of telegraphs had been opened from Adelaide to Melbourne . Some little jealousy exists amongst the different colonies , and the Chamber of Commerce complains of " an attempt to coerce South Australia into the postal arrangement made by the authorities of Victoria , and carried to the extent of refusing to transmit its mails by the mail steamer for several months . " m The South Australian Advertiser , too , complains ot unfair attempts in Melbourne to depreciate the produce of South Australia . At the same tune the trade of the colony was gradually increasing , the total value of imports consumed or remaining in the colony during the year ending June 30 , 1858 , was 1 556 489 / ., and the exports during the same period were ' l , 470 , 236 / . The total value of imports to June , 1857 was' 1 , 456 , 983 / ., and of the exports for the same period , 1 , 382 , 760 / . The imports of the year ending June , 1858 , had increased at the rate of six per cent , over the preceding year , and the exports were in the same ratio . Amongst the exports of native produce we notice wine , which is increasing , and with the great agricultural capabilities of the colony we are surprised that it continues to import considerable quantities of hams , butter , & c , froni Europe . The immigration above the emigration in the year has amounted to 1800 persons , which falling far short of the number sent from England , 3239 , of which 1985 were nominated by the colonists and their passage paid out of the colonial funds , would seem not to be very commendable . The total population of the colony is 112 , 000 . Newspapers , chambers of commerce , proceedings in Parliament , & e . & c , all indicate that the colony is carrying on very actively the practice of self-government . It has all the paraphernalia for the government of an empire , but it has 350 destitute persons , or 1 out of 320 of the population ; many of them are said to have been left by husbands and fathers who have run off . The number of criminals in the colony , too , though not a convict colony , is not small ; while the number of officials and the expense of the government are great . We infer that self-government in South Australia implies a great deal too much government , and government of a kind rather unsuitable to a community in which , if it is to thrive , every man must struggle to get wealth by winning it from nature , not from other men . The Melbourne papers inform us that numerous bankruptcies have taken place of late . The population has increased by 13 , 342 by immigration since the beginning of the year , although 13 , 444 persons left the colony . The . total value of the imports since the commencement of the present year is 8 , 513 , 517 / ., against 9 , 999 , 292 / . for the same period of 1857 , showing a decrease of 1 , 485 , 775 / . The exports have been 8 , 665 , 331 / . against 9 , 210 , 666 / ., showing a decrease of 545 , 335 / . > i ; f . i i : ,
Tstn. 452. November 20, 1858j The Leader...
TSTn . 452 . November 20 , 1858 J THE LEADER , 1269
> Trade Of Belgium.—The Following Partic...
Trade of Belgium . —The following particulars are gathered from official reports supplied by Secretaries of Legation abroad . The coal trade has increased most ; rapidly ; in the five years from 1841 to 1845 the average quantity annually raised was under 4 , 500 , 000 tons ; whereas in 1855 it had risen to 8 , 500 , 000 tons ; j the statement for the year 1856 will , it is expected , exhibit a considerable diminution , which is to be ascribed to financial difficulties with France , and partly to a re- J action caused by the extraordinary rapid manner in * which the trade has increased of late . It is not pro- ; bable that the trade in English coal will increase ; the import of English coal in 1856 only amounted to 34 , 577 l tons , although the duty was virtually nil . The iron " * trade has considerably improved ; the production is now * valued at about 90 , O 06 , 000 fr . annually , and has doubled ( during the last ten years . Holland , Brazil , and * Turkay are the chief customers of Belgium for iron . England only takes nails . The manufacturing machinery * has also become a flourishing trade ; there are now in ] Belgium 3300 machines of 80 , 000 horse-power . France , r Holland , and Sardinia are the chief countries of ex- * port . The trade in arms is very flourishing . The ex- * port of mixed cotton and woollen , or cotton and linen - ' goods , has tripled during the last ten years . The import a of manufactured cotton remains stationary . The pro- Y gress of the cloth trade is most . marked , the increase of e wool imported amounting to 25 per cent . The Veryiers v Chamber of Commerce has offered to renounce all pro- * tective dirties if allowed to obtain the raw material at a ^ low price . The linen trade is again rising to its former v importance ; the export of flax has nearly doubled itself *' in the last rive years . Of sugar , 36 , 000 , 000 kilogrammes £ are produced annually , of which two-fifths are exported . o : The produce of the glass trade figures for 15 , 000 , 000 fr ., b and is becoming of much importance . The foreign trade P of Belgium has nearly doubled itself in the last six years , c ' and the exports have increased in a far greater ratio ^ than the imports . The imports from England amount n to 70 , 000 , 000 fr ., and the exports thither to 78 , OOO , OO 0 fr . n There is a strong and growing tendency towards free n trade , and a law on the subject , on liberal principles , a has already been prepared for submission to the Chambers . ^ Opium . —A deputation from the Society of Friends ° has presented a memorial to Lord Derby , praying tb . u ^ Government to suppress the growth of opium in India , and to prevent its introduction into China by British u subjects . The deputation met with a very courteous re- *' caption . P Hop Duty . —A highly influential deputation attended ° ' at the Treasury , on Tuesday , to urge upon the attention ai of the Chancellor of the Exchequer the propriety of re- sv pealing tlie hop duty . Mr . Disraeli had to go to Wind- £ sor , and Mr . G . A . Hamilton was left in his place . The ** deputation proceeded to prove that the excise duty on oc hops is unequal in its operation and unsound in its prhir m ciples , and that the hop interest will not prosper until it c 0 , is relieved of its payment . Mr . Hamilton took a note w ' of what yaa said , and replied that lie would present the a case to liis superior . Other interests anxious to bo rer- tn ieved from the excise will no doubt make similar ap- co lications before the next budget statement is mado to P the Houso of Commons . to MlNHRAI , RkSOUHCKS OF TUB FRENCH POSSESSIONS 1 » Vfl Senegal , —An article in the Jteviie Coloniala gives the m following particulars rolativo to mineral productions in , Senegal : —" Iron appears to bo the oro that is most , ? abundant , and it is to bo found of all kinds and in dif- tl foront positions ; in some places vory near tho surface , and in others at some depth . The carbonate of protoxyclo of iron hns not been found , but It is very pro- on bablo that It may bo in some parts of the upper country , nl Copper exists in the districts of Boudou and Banibouolc , of particularly in tho former . A » both coppor and iron »« exist in tlio district of Bambouck , silver ought also of to bo found hero , but Iron and gold are the two motula H which principally have boon discovered . Of nil tho provincosof Upper Sonogal , Bambouok is that which Xj < s tho riuliost in auriferous strata . The mines of T < Bambouck are , like that of KoWba , a league from tho fo ; village j this is tho principal one , comprising a space do of about « square league , and it ia there that the natives au ® lf ¦* e ' -, _ . I j I j , " ! [ . , . . r ¦ g of of onl a tion sh this ond of of for day
. ¦ . ¦ \ ¦ ! ¦ ¦ dig pits from eight to ten yards in depth , and there procure powder and grains of gold ; that of Khakhadian , a large village , situated at two leagues from Senoudebou ; and those of Nacatou and Sirmana , four days' distance from Senoudebou . Up to the present time , the gold has only been procured from the ferruginous sand by a very rough manner of operating . The size of the pieces found is / small , but sometimes nuggets of a fair size are discovered . Washing the sand and earth is the only means which has been used by the natives , and much gold is lost in that operation . " \ Vhen the mines of Bambouck shall be properly worked , more important advantages will in all probability result , and the gold be found in larger quantities , and there is little doubt but that silver may also be discovered . " Illegality of Trade Projection Societies . — At a recent sitting of the Portsmouth County Court , the judge inquired if there was a Trade Protection Society in the town , and being answered in the affirmative , his Honour intimated that such societies were illegal , and every member , solicitor , secretary , and others concerned , liable to be indicted , and that he should for the future disallow costs in any action where it was proved that these societies had meddled with the matter in any way . Mr . Stening said he was glad to hear his Honour say that such institutions were illegal . He had always entertained that opinion , and refused offers or the agency of two such societies upon that ground . " Neapolitan Commerce . — The following official return has been published of the commercial movement of the continental part of the kingdom of Naples during 1857 . The commerce with foreign countries amounted to 145 , 930 , 000 fr ., of which 79 , 615 , 000 fr . were for imports , and 66 , 315 , OOOfr . for exports . The former , as compared with 1856 , have increased nine and a half millions , and the latter decreased twenty-four and a half millions . The diminution may be principally attributed to the prohibition to the export Of'corn , and in a slight degree to the effect of the commercial crisis . In the above total of imports , England furnished for 29 , 425 . 000 fr . ; France , * 19 , S 3 O , O 0 Ofr . ; and America , l 4 , 500 , 000 fr . ; the remainder being by Holland , the Sardinian States , and Spain . In the exports England stands for lS , 400 , O 00 fr . ; France , 16 , 7 OO , OOOfr . ; Russia , 12 , 025 , 0 OOfr . ; and , Austria , ll , 945 , 000 fr . The principal articles of export are raw cotton , cotton yarn , sugar , woollen and cotton wove goods , tobacco , coffee , coal , silk goods , & c . The exports consist of olive-oil , raw silk , madder , raw wool , almonds , dried fruits , and liquorice . The total production of . olive oil in the kingdom of Naples in 1857 amounted to 912 , 000 hectolitres , valued at sixty-seven millions of francs . During the last few years considerable extension has been iven to manufactures in the kingdom , and a number establishments have been formed , both in the neighbourhood of the capital and in the provinces . The principle ones are for the manufacture of cloth , printed calicoes , ribbons , silk goods , carpets , paper , earthenware , & c . Most of the workmen employed in those manufactories are foreigners , and the managers or foremen either English , German , or French . The shipping movement of the port of Naples , in 1857 , entries and departures as well as the coasting trade included , was 4892 vessels , measuring together 635 , 075 tons . Out the above tonnage , 407 , 768 tons belong to the Neapolitan flag . The Lesseps Scheme . —A Paris letter snys : "I understand that already there is discord in tho bosom of tho Suez Canal administration . It does very well in a poem or at a public dinner to represent M . de Lesseps as y a labourer in the cause of humanity , civilisation , and so forth ; but most people are ungenerous enough to suppose that he cannot be altogether indifferent to tho golden results that are likely to follow his exertions . However it may be , squabbles are spoken of as having occurrred upon the money question between the promoter of tho ' gigantic enterprise' and some of thoso concerned in it . M . Bar . thelemy Saint-Hilaire has just Withdrawn , it is said , from tho editorial management off journal which was the organ of the scheme . Thcsro is thus already dissension in the oamp , if rumour speaks correctly ; and we may suppose that , if at this onrly period in tho life of the company such an occurrence lms bo signalised , matters will not improve as time advances . The shares , let me add , aro still in brisk cIct . maud , according to the statements generally in circula-. It is acknowledged , however , that capitalists light y of tho project , and that it is principally pooplo of humble fortune' who support it , Tho signilicanoo of fact need not bo insisted on . " Tub Liverpool , Town Dues . —The Mersey Docks Harbour Board have granted a superannuation allowance of 200 / . a year to Mr . Litliorland , lute ruooiver the town dues , ah office which lms become unnocossary by tho transference of that local tax from tlio hand * the corporation to thoso of tho Mersey JDucka and Harbour Board . Foreion Cattle . —Tho importations oC cnttlo fnto Lowoatoft harbour have closed for tlio season . TIiq Tonning steamer , which has boon ongrtgod in tlio service the last four or five months , loft Lowcttotl on Tucafor London . The importations liavo not boon on auoh an oxtonsivo scale as lust seneon .
L P Bank Of England. An Account, Pursuan...
l p BANK OF ENGLAND . An Account , pursuant to tho Act VtU and 8 th Victoria , cap . 32 , for tho week ending on Wednesday , tho 17 th day of November , 1858 . ISSUE DBPAJITaiEN'T . £ | £ Notes issued 32 , 499 , 370 Government dobt .. 11 , 015 , 100 Other securities ... 3 , 459 , 900 Gold coin and bullion 18 , 024 , 370 Silver bullion £ 32 , 499 , 370 £ 32 , 499 , 370 BANKING DEPARTMENT . & . £ . Proprietors ' capital 14 , 553 , 000 Government socu-Itest 3 , 144 , 880 ritles ( including Public deposits ( in- Dead weight Anoludlug l ! xohc- nutty ) ,....,.... 10 , 808 , 091 quor . Oommisslon- Othor Securities . 14 , 711 , 033 ors of National Notes 11 , 700 , 315 Dobt , Savings' Gold and SUvor Banks , and Dlvi- Ooin 011 , 540 ( lend Accounts ) .. 0 , 821 , 973 Othor deposits 12 , 061 , 558 Sovon Day & other Bills 819 , 008 £ 37 , 800 , 480 £ 37 , 000 , 485 M . MARSHALL , Chlof Oashior . Dated tho 18 th day of November , 1858 .
Fliom The London Gazettk. Tuesday, Novem...
FliOM THE LONDON GAZETTK . Tuesday , November 16 . BANKRUPTCY ANNULLED . William Aknqll Bailey , Bidoford , wine merchant BANKRUPTS . William Dakbic , Choapsido and Hull , horeo food manufacturer . Jambs and Jamics Alexander Poldbn , Oaatlo-utroot Leicester-square , fishing tackle manufacturers . ' Richard Cakventur , Newcastle-place . Pnddington , omnlbua builder . b '
nd t . , e , Henry Philps , Cornbury- ' place , Old Kent-road , and Brighton , draper . Daniel Francis Oakey , Paternoster-row , bookseller . Frederick Lillie , Ardleigh , Essex , miller . George Henky Bbentnall , Watford , coal merchant . Bexjamin Mooke , High Holborn , dealer in machines , and Basinghall-street , warehouseman . RichAkd . Ford , Wolverhampton , licensed victualler . Joseph Smith , Birmingham , licensed victualler . James WiIeatly , Bourton-on-the-Hill , Gloucestershire , farmer . Geokge Bkain , Saint George , Gloucestershire , grocer . William Bingham , Great Grimsby , joiner . Cecily Egcles , St . Helen ' s , Lancashire , draper . SCOTCH SEQUESTRATIONS . J . C . Money and J . Bakron , Glasgow , engravers . T . Knox , Springburn , joiner . J . Ferguson , Kilmorich , Argyleshire , sheep farmer . J . Tulloch , Wick , Caithness-shire , wood merchant .
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Citation
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Leader (1850-1860), Nov. 20, 1858, page 29, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_20111858/page/29/
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