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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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Friday Evening . The usual monthly adjustment of commercial encasements on the 4 th inst . may be reported to have feeu a satisfactory one j but flic week opened-with a marked degree of uneasiness on the subject ot Austro ^ Italian politics . The admission ( possibly volunteered ) of the French Emperor to the Austrian Ambassador , at a recent diplomatic reception , that the relations of the two countries were not the most cordial in the world , caused , or was made to cause a ' very , strong sensation on the Paris Bourse , which was perceptibly reflected on our own Exchange on Tuesday . Oh Wednesday the ¦ feeling ot insecurity became more intense ; considerablefluctuations took place , and symptoms of panic seemed impending . In spite of large purchases for money on the part of the public , which contributed to support the market , considerable operations for a fall were undertaken on the Exchanges of both capitals . Yesterday morriin" - a considerable revival was experienced owing to the telegraphed announcement that a traflnuillising note was to . be expected hi the Monilcnr , the only avowed organ of the 1 reach Government ; but it having transpired in the course of the day that the appearance of the article in the
question had been followed uy a relapse on Bourse , a corresponding effect was produced here . Consols were quoted at the close of business OG to 9 G £ . The rate of discount rules from 2 ^ to -2 per cent , per annum , and the foreign exchanges are all very firm . It is now understood that the appearance of the Russian loan on . the market is not to be looked for , for the present at all events . been the
A leading feature of the week has considerable depression which has taken p lace iu Turkish securities , due - to the supposition that the bulk of the -new loan is still unissued , and that much of that which has been taken up is in weak hands . It is therefore presumed that , in the event of any complication in European politics , ' . these securities will be immediately and especially affected . The complexion of the traffic returns from several trunk lines is satisfactory * considering the recent unfavourable weather , The London and North-Western exhibits an incrcnient for the week ending January 2 nd of 6179 / . But for the recent disturbing causes , a brisk demand would have been noticeable on the market for this and other leading
stocks and shares . It is understood that 500 , 000 / . of the Victoria Railway loan has been taken up at 1 he minimum price of 107 per cent . The remainder ( of the 1 , 000 , 000 / . ) will , in the first instance , be again offered at that price to the various unsuccessful tenderers , and , in the event of their declining the option , to the general public . At the half-yearly meeting of the Bank of New South Wales , held at Sidney on the 27 th of October last , a dividend was declared after the rate of 20 per cent , per annum , with 15 , 000 / . carried to 20 per cent , per annum , wim lo ^ vvi . carnca to
the reserved fund . On Tuesday , at the half-yearly meeting of tlio London Dock Company , it was announced that every preparation was now made for extending the company ' s business and making head ngainst the present strong competition . The dividend doclarcd was aftor tho rate of < L per cent , per annum , being 1 per cent , less than customary . The stook has consequently dcolincd nearly 8 par ccut . The Madras Irrigation Company ( guaranteed ) closed their subscription list on Wednosaay . Littlo doubt is entertained that tho whole capital has boon applied for .
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JOINT-STOOIC COMPANIES , At tho half-yearly general meeting of tho London Dook Company tho accounts showed a decrease in the number of ships whiolv entered tho docks to tho 80 th November , the number boing to that date 451 ships , moanuniig 177 , 479 tons , against tho corresponding period of 1867 of 517 ships , measuring 207 , U ' 2 , 'l tons . Kurnluga for tho Bftmo period , 1 H 58 , 238 , 770 / . JJs ., mid for the ¦ corro-BpomUng period of 18 ( 57 , 200 , 407 / . 0 s . 7 il . Tho fulling otf iu « Ukj receipts was from tho groat diminution in tho Imports of tobucoo and of whioH , A dividend of 2 per cent ., 1 « hs the income-tax , was declared . At the mooting of tho Hank of Now South Wales at Sydney , on tho lJUh of Ootobor , tho report for tho halfyear ending tho HOth of Sopfrombor , shawod profits amounting to 0 X , 07-l / ., which , added to tho previous
The half-yearly meeting of proprietors of the Colonial Bank was held on Wednesday . The business of the half-year has been very successful , the net profits amounting to 3 G , 3207 ., which allows a dividend of . four per cent , to be ' paid for the six months , and leaves 10 , 320 / . to be carried to the reserve fund . This fund is consequently increased to 37 , 035 / . The directors ' report was agreed to . The proposed dividend of the Union Bank of Australia for the past half-year is at the rate of 20 per cent , per annum .
balance , made an available total of 66 , 3271 . Out of this a dividend was declared at the rate of 20 per cent , per annum , and 15 , 000 / . was carried to the reserve fund ( thus raised to 175 , 000 / . ) , leaving 1327 / . to be carried forward . . At the half-yearly meeting of the New South Wales Marine Assurance Company , held at Sy dney , the usual dividend , at the rate of 25 per cent , per annum , has been declared . The Sydney Fire Assurance Company have also held their half-yearly meeting , at -which a dividend of 5 per cent , for the half-year was agreed to . The Ecuador Land Company will issue their prospectus in the course of the present month . The object of this ! association is to make available a portion of the lands assigned by Ecuador to the English bondholders . A beginning will be made at the port of the Pailon .
At an extraordinary meeting of the European and American Steam Shipping Company , held on Thursday , a new . board was elected , consisting of the fallowing gentlemen , namely -. —Colonel Holloway , Captain Shut--tleworthj and Messrs . Lambert , Saward , Donaldson , Dawson , Stebbing ,. and Austen . It is understood that arbitration between Messrs . Croskey and Co . and the company will be recommended by the new board , as well as the cahcelment of the existing agreement .
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BANK OF ENGLAND . An Account , pursuant to the Act 7 th and 8 th Victoria cap . 32 , for thu week ending on . Wednesday , the 5 th day of January / 1 S 01 ' - '• . '¦¦ ISSUEDErAlITMES'T . : . ¦ £ £ Notes issued 33 , 013 , 250 Government debt .. 11 , 015 , 100 i Other securities ... 3 , 459 , 900 '' Gold coin aud bul- ' . . " . ' lion , 13 . 5 GS . Silver bullion .... ; . , — = — £ 33 , 043 . ' 23 U . £ 33 , 0-40 , 250 BA . SK 1 S& PEPA . EXMEITT . . ¦ ' £ .. ' ' ¦ ¦ ¦ . £ ' Proprietors' capital i i , 5 r . ; 5 , inio Government secu-Itcst . ......... 3 , 10 t > , b 02 , rities ( including Public deposits ( in- Dead Weight Ail-• cludiuR Kxche- nmty ) 10 , S 0 o , 931 quer . Commission- t Other Securities . IS . 209 , 742 ers of National iXotes- .. .. 12 , 161 , 000 Debt , Savings' : Gold and bilver Hanks , aiul Divi- Coin 577 , 300 dend Accounts ) .. 0 . < W 2 . > Other deposits 13 , 5 So , iOG Sovun Day & other Bills . 82 . 1 , 705 . ¦ £ 4 . 1 . 754 . 072 £ 41 , 75 ^ , 072 M , MARSHALL , Chief Caahicr . Dated tho 6 Lh day of January , 1 S 5 U .
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BRITISH INTERESTS IN MEXICO . The advices from Mexico confirm the worst accounts of the horrors in progress in that republic , and reiterate tho surprise already expressed at the total apathy of the British Government as respects tho protection of either the personal or commercial interests of our people , which at least quadruple thoso of any other country . Our pecuniary claims alone range between ton and fifteen millions sterling , and tho outrages' on our merchants have fur exceeded thoso which any of the conflicting chiefs have dared to inflict on the citizens of other countries . A seizure- of tho richest mining provinces of tho State hns been recommended by tho American President } throo Spanish and four French ships of war have arrived off Vora . Cruz , but , " unfortunately , " it is added , "the Union Jack has not made iu appearance . " As the case stands at present , the . only . question is , is equal justice to bo obtained by tho several nations that have reclamations to make ? Mr . Buchanan advises a seizure gf torritory , to bo hold as a material guarantee for tho satisfaction of tho demands of hia countrymen , —a course , ho observes , which would bo sanctioned " by international law . " But is each nation to do tho same , or will America aot as agont and trustee for nil ? If two or throo provinces are to bo taken in execution for tho Washington bill of 8 , 000 , 000 / ., how many is England to seize for hor 12 , 000 , 000 / . ? What , also , ar » to bo
tho portions of EYanoo and Spain ? Vcra Cruz is tho least that England could lay hold of , and Franco , perhaps , might bo content -with Tampico . Spain had better occupy tho capital itself , where she will find tho willing devotion of tho priests . Will Lord Malwosb . ury stato ¥ is polfoy , or ja ho afraid of tho trouble of having ono ? hero is no indisposition in England to ado Amorioa nrtaumo hor natural part as pacificator and regenerator of Mexico , but it should bo upon understood principles . The sooner thoso are made known tho bettor , booauso hitherto thoro have been symptoms iu tho Now York proea that ¦ tho American ¦ policy is intended to cover something not roputablo . Thora are two parties in
Europe accustomed to express opinions on this matter ; one of them desires to see America opposed either by intrigue or a hostile combination ; the other considers that if it , can be managed without dishonour or cruelty it will be a happy thing to see Mexico at once placed under restraint by the . Superior race . But neither of these parties meet approval at New York , for their respective suggestions there is nothing but defiance or scorn . Have the Ministry taken a single step to ascertain the course actually contemplated . In . a circular
issued by the Mexican Committee , it is stated that while America , France , and Spain are using the most decided means to protect the lives and rights of their citizens and subjects to theextent of blockading ports and seizing territory , the British Government have countermanded even a r gunboat that was sent to Tampico . Hence it seems that although British merchants are every now and then sentenced by one or other , of the contending factions to supply a certain amount of dollars on pain of being , shot or marched off to fight in the ranks , there is not a single English vessel on the coast . —Times .
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FROM THE LONDON GAZETTE . Tuesday , January 4 . BANKRUPTS . . John Peters and Frederick . Peacock , fish merchants , Lowestoft . William Swaine , miller , Stevenage , Herts . A > s Foster , grocer , Eynsham , Oxfordshire . Thomas Fitt Balls , innkeeper , Brixton . Thomas Patmond Evans , merchant , late of Bush-lane , Cannon-street . Frederick ,. James Howard , grocer , Chatham . Geobgk Nurse , livery-stable keeper , Red Lion-yard , Old Cavendish-street . George Galljenne , cutler , Gpswell-street . He ^ ry Lowe , fruiterer , Birmingham . SCOTCH SEQUESTRATIONS . David Dickinson , millwright , Dunse . Angus Forsyte e , draper , Ay ton , Berwickshire . Friday , January-7 . BANKRUPTSJoSEPir Cooper , Friar-street , Blackfriars-road , baker . Edward Zulzer , Upper North-place , Gray ' s-iiin-road , merchant . ~; Arthur M'Donald , Kingston-upon-Hull , victualler . Carl Bresdos , Liverpool , licensed . victualler . William Monk , Padiham , Lancashire , manufacturer . Demetrius Pieteo Demetriadi , Manchester , merchant . , Thomas Suthers , Mytholmroyd , Halifax , reed maker * Thomas Brewin Furnell , Sheffield , draper .
SCOTCH SEQUESTRATIONS . Andrew Christie , Dunfermline , coalmaster . WiLLiA 3 t Kirk-wood Stewart , Glasgow , bedding and iron bedstead manafacturer .
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The Mediterranean Extension Telegraph . — The Company have despatched . Mr .. Frederick Webb to discover the break iu their cable between Malta and Cagliari , and to take the necessary steps for its repair , the Elba steamer , now at Malta , having been chartered for the purpose . The Agricultural Chemicals Company , whose advertisement appears in another part of our impression , proposes , wo are glad to observe , to embark in an industry which we have long desired to see at work . The prospectus issued give ? , we regret to notice , but a faint idea of tho national importance of a fish manure manufactory . Tho interest wo ourselves have taken in the subject " dates from 1852 , when , having fully
investigated it , as did our worthy contemporary , the X > aily News , wo are able to avouch the feasibility ^ of such a project , and its consequence as well iu an agricultural as in a national point of view . Some of our readers may remember the excitement caused among inventors and others by tho issue of a certain derUive or foolish invitation in tho year alluded to , by tho Royal Agricultural Society . That worthy body offered , if our memory fails us not , a thousand-guinea prize to the inventor of a manure equal in fertilising properties to the best Poruvinu guano , in inexhaustible supply , and at half the price of the said guano . Tho best and nearest approach to a substitute was discovered by Mr . Edwin Pottitt to bo a preparation of fish { and though the prizo ^ was , of course , never docreod , that goutlcman communicated to
the Irish Agricultural Society , tho Society of Arts , and other bodies , a mass of information for tho use of tho manufacturing community , of which thoy . have not yet availed themselves properly . Ilia processes and ideas have boon , doubtless , much usod in secret by private makers ; but nobody has stopped forward to foster thus tho fishing industry of Ireland and utilise tho thousands of tous of fishy matter unrequired for human food . Tho waste of Blllingsgato and other fish-markets U worked up , but no spclety of sufllolont'dtopital has sot about procuring flsh for manuro , and manure only . Ouroxpcrionco , irrespective of tho allegations of tho prospectus boforo . ua , is that this uan bo dono in England , Ireland , and Franco at an astonishingly low prloo j that nativo fish guano can bo manufactured bettor and richer thau tho average
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MONEY MARKET AND STOCK-- EXCHANGE .
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No . 459 , January 8 , 18590 ^ THE DEADER , 59
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Leader (1850-1860), Jan. 8, 1859, page 59, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2276/page/27/
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