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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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lar o-e and of fine quality ; but , by the very latest intelligence from the United States , it appears that only 1 ^ 745 , 100 bushels of wheat have been brought by canal from the Western States to New York , in 1859 , against 6 , 358 , 000 bushels brought in 1858 . All other grain forwarded in this year shows a similar deficiency . This may'lie partly due to the low prides on the sea board , bufrit is also partly due to the crops and the stocks , both in Canada and the United States , being less extensive than report has represented them . Thus
none of the countries from which we derive our chief supplies are now bountifully provided , but our corn trade is so extensive , e mbracing India , Peru , and Egypt ,, in its -wide and diversified arms , that we . shall be sure to obtain a supply , because we , of all people , are able to pay for it , and to it , at all times , we freely open our markets . At present , prices are low . The average -of wheat for the last six weeks was 42 s . ( 3 d ., against 42 s . lid . last year at this time , but a continual rise for some time may be expected :
On former occasions , prior to the repeal of the corn laws , a deficient harvest here and a probable short supply abroad , occasioned at once a rush to get corn . Our merchants despatched their orders to buy to every corn market of the Continent , and immediately a demand on the Bank of England for gold began . The exchanges Avere sure to .-turn against us , the circulation was sure to be curtailed , the rate of discount was . sure to rise , and a general alarm ensued ainonest the mercantile classes . Now we hear
nothing of the kind . All business goes on so quietly and steadily that it is almost -difficult to find an alteration in it to record . Money is , indeed , becoming somewhat ' more in . demand ; loanable capital is dearer ; there is a good deinund sit the Bank for discount , and no business is done ' below its minimum rate . We nuiy undoubtedly expect , from the present state of our corn-market .--, additional purchases of corn abroad * and an additional demand for bullion to pay for it . With dear corn , dear ' money is , at , least ; , tit . iir . st' generally conjoined ; ' and , while we hrjvo now nothing ot ' tlie wild excitement and alarm ' which formerly aft . ected the mercantile world whjn the harvest was short , we inav look for money to become dearer .
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TTridny Kvoniny . Duam ; us . in money ¦ say there is no alteration . The demand continues good , but the supply is ample-. The market is qniut and steady . We have had the sumatale to tell for several weeks past . At present tho remarkable f . nture of business in the City ia that there U little or nothing now to record .
Money is » t the Uank rales . The exchanges arc generally good , nnil- business is dull . The Ocean Maritime Insurance Compan y , which we announced last week , has already found imitators , but they want tho vitality of the orginal project , the si in res of whh'h arc tit a premium . Them is room for many other new umlevtakiug . s , but little disposition to commence them ,
Thv ' Stock market lms been very little disturbed through tho wci ' lc . * ' To-day it was flat , and Consols which opened at 9 l )\ closed at t ) ii , \ . Prom Paris the Three per Ceut . llcntca came the same as yesterday , Gi ) f . Due . Tho various political rumours afloat of Congresses , Garibaldi ' s retirement , an I further disputes between Austria anil Franco , did not afl ' eet people , though some seemed pleased at the denial given by the JFnmeh papers to tlicj Times , which has attributed hostile feelings' lo tho whole AYcnch people .
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Wis have the sumo story to rep on t of our trad- this wook ns for ninny weeks ) , Tlio people ot'nlinuo gonoru'lly wejil omployed , and tho demand I'm * our chief miuniuiotiiros continues good . Some doubts are oppressed of tlie Indian marketn , and llumo who huvo relied of la to vary inueli on llieiu , mv told lliit like thulr American opponent . * , whom t'hoy tvnsuri'd , they luivo pinned b o many og ' ps in one husket . India ennnot mimopolinu our export trade to o : ir advantage . H'npiiilly other count rii'H continue their clomuiuln . iiiul our inunuf : ietiu'or « are well eui'dnve I .
The corn market was steady to-day in Marklane at Monday ' s higher prices , though the suppli es were large . Sugar in the week has been active , and the prices have advanced 6 d . per cwt . Other artir cles meet a steady sale , but prices are unaltered . In short ' our trade is very muc . i of a routine character , and is the same one Week as another .
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Mastkrs' Kotat . Cuystai . 1 ' aj . ach Hotel Company ( Limited ) have just held their half-yearly meeting , and declared ft dividend at the rate of 20 per cent ; The shares of the new Ockan M . vuiNii Uomi'anv , have touched - 2 proniiuni at one period this week . The number to be distributed is 40 , 000 of £ -20 . each , and it is said that , ' 300 , 000 . have been applied for . The oauso of the relapse this morning consisted in reports that other projects are to be started in imitation . That this is an inevitable consequence in all such cases was curiously exemplified when , after a period of more than sixteen years , during which no persons of position could be induced to promote the formation of a new jotiit-stock bank in London , the City Uiuifc was started , and went to a good premium . , , The J » oirri ; ui : rfSE Cjikhiv Md : iimb « fcwaiKTV have made a cull oi' . £ 4 lur dh . ire .
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Pjwdl ' ctm of . ¦ Muitoccu . — i : very town in Morocco has its peculiar m . iiiiUiwiiirc . At Tetuuii they make auna aiul certain woiilliu f . ibj-u-s , ospuuliilly belts called / ay " */* , for which Uhmv ia a good demand in tho South ' of Spain , At Kabul , u kind ol carpets scarcely inferior to llioau of JLVraiu uru iimnuflieturod ; tlicrc , too , uru matlu . tlic woollen luiiks with which tlie Moors eiivcluiju their persons , ami u kma of wnternruof fabric cullud ttjttUabiii , nmuii esteemed for its of
ovou liy Ktiropeanfl . Vux is noted pottery , whli-li considerable quantities are exported to Aluorla . This town also manufactures tho roil felt caps which boar its nniiif , with many oilier woollen and silknrtiolos , leather and velvet fllM-jurs , golil and silver embroideries , Re . . I 5 . it llic-ohk-1 nmnuflicturo of Morocco is tliu loathur which l > o « rs its name , and which Kuro | iouii industry cannot surpass and indeed scarcely rlv | d .-. Tl » roil nn « l yellow dyca used liv the Moors are ijuperlor to those ol Luropc . ' ¦ i ]
Fez , Taillet , and IMoroeuo are tl » o places xfUovo tnis leather inanufacture is carried on , but tfioro arc good tanneries at many olhor places , especially at It abut mul Tanglora . ' I
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Sib Samuel Pkto and Mr . Buassey , who have just arrived in . Paris , have . { jot the contract ( 125 , 000 , 000 f . ) for the railway from Nice to Genoa . The works are to be begun immediately . Seventeen miles of the Madras . Raii / vvav , . in the Malabar district , were opened on the 5 th September . In a few weeks , it will be opened to the Pal ghaut station . The natives crowded to sec the trial trip of the " smoke bandy , " which travelled at the rate of thirty miles an hour . The women signified their reverence by salaaming to it , and many of the men strove hard to keep up with it . ! New signal-men had been drilled to iheir work , and placed at every mile of tlie line , but several of them , on the approach of the engine , threw their signal-flags on the ground and took to their heels .
At a meeting of tlie L , oxl > okde ; iiiy antu Ooxekaixk Haii . yvat Coair . vN-v , a bill was considered for enabling the directors to pay off the Irish Loan Commissioners , also the debenture holders and other creditors , by new debentures at a lower rate of interest , and by which they hoped after five years to realise some-dividend , for the shareholders . . Some discussion took place , but , the bill was adopted . A general meeting of shareholders in tlie Lucca asd Pistoja IIailw-AT Company is called for the 29 th List ., at Lucca , . when amongst other business a proposal will be submitted for making over the rail war .
An extraordinary general meeting of the shareholders of the CALEuos ' iAif Eailwat Company , was held on Tuesday , in the Merehants ' -hall , Glasgow , for the purpose of considering an agreement entered into between the directors of the Caledonian , Edinburgh and Glasgow , and Scottish Central Kail way Companies , with reference to a proposed amalgamation of the said companies . A resolution confirming the agreement was adopted . The . East Indian Hail-way Company having
offered n commission of £ per cent , to members ot the Stock Exchange subscribing for the balance of tlie loan of j £ 1 , 600 , 000 unappropriated on Saturday , those -who subscribed on that day have claimed to be placed ^ on th e same footing , both as a matter of justice and from its being the general custom of all railway companies to make such allowance to the subscribers to their debentures . A letter to that effect has consequently been addressed , to the Board by a number of leading brokers . ' _
The London and JS'brlh- Western Railway traffic return shows this week an increase of £ 7 , l >~ 9 ; tlie Soutii Easturn an increase of . £ 1 , 013 ; the Great Western an increase of £ 2 , 154 ; the Great Northern an increase of ^ l . OOo , and the London and South Western an increase of , £ 2 , ? 24 .
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. ' ¦ ' ¦ ¦ ' ¦ t ¦ No . 504 . Jgo v ^ jjggg ^___ ^^^ J ^ jjj LEA-DEB .. 1281 ...
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GENHBAL TRADE EBPOST
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MONEY M&RKET & STOCK EXCHANGE
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UANIC OF ENGLAND . An Account , pursuant to the Act 7 th anil 8 th Victoria cap . -Vi , for tho week ending' oa Wcducsday , the 9 th day of November , l . So ' . ) : — ¦ ¦ ISSUE PEPAttTMENT . Notes issued . £ 30 , 711 , 170 ( idvernment Dcljt £ 11 , 015 , 100 ) ther . Securities .. 3 , 4 . >' . ) , 900 : i old Coin & 15 ulllon 10 , 2 : JC > , 170 Silver Uullion £ 30 , 711 , 170 £ 30 , 711 , 170 BANKISG DErABTMEST . Proprietors' C : i ]) i- Govcranu-nt Secui , x \ ... £ l-l . / i 5 : i , pOO rities ( inclu . lin . i ; - . R ' ost . 3 , 18 ij , f ? 5 C . l > ead Wi-ifflit . _ Public Deposits ( in- Annuity ) . .. ;> .. . £ 10 , 02 « , T ;) finding- Kxche- [ Otlier .. Securities .. l > , S / 0 , / . s . quer . Savings' ' ' Notes - y ,- ' 43 , 000 Kanks , Coinmis- Cold and Silver ¦' sioners of Na- Coin ( yJ 4 ,. > 00 tional Debt , and Dividend Accounts ) .. r .. 4- > j , o ( " . ) Other Deposits .... MJili , 017 Sovoi ' i D ; iv and other Hills-. -. SW , fTi 3 . . ¦ . . £ 30 , OiW ,: > 0-i . . ' £ : JO , fiO : { , oi « . - - M . iVIAKSHALL , Chief Cashier . Dated November 10 , li . "> 9 .
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PRICES OP THE PRJFJOIPAL STOCKS A&D SHARES AT TIIK CL 0 SEOF THE MARKET .
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Last This Week "Week
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STOCKS . 3 per cent . Consols—Mono ) - ¦ ° n yf'h Ditto KiMluecil ¦ _ » l | i Ditto New ...-.: ^ JHJ Wink ytoclc z - / ~ r < h India - - ;* -r ~ ° nxclioiiu . T Uills »} W ( . ' ana . l ; i ( Jovernnn'iit G per cent . ]}¦ , * New llrunswu'k ( Jovernnient » per cent . .. li-ip Now . South Wnles Ooveininc-nt o per cent . l < r _ SDiitli Austriilisi ( . 'oveninient . <) per cent .. 1 m . Victoria ( Joverniuent 0 per cent W ' . \ u . < tri ! in lionds , 5 per eint • ltrnx . iliiiu Homls , 5 pi . 'i- cent . ? . - ' Froui'h IJfiitos , : \ per cent . " ' ¦ : «) J AlexiiMin itonds , : j pi'r omit ' -i ~ -. t lVruviun lionde , IA per cent • S |)« iilsli l . ond .-s , : t per cent " £ Turkish ! - ! i-rip , C > per cent « ft . t <" UAILWAYS . Itrl . tol and Kxeter ] 01 101 CiiKulonian W& V 0 » Kiintorn Counties < J ° u- > Kiirit l . nneashiro _•• •• CJrwit Northern ' 101 * H 4 „ Weslera < Hf < H'f Liiiii-nshirc and Yorkshire '" It wA I . 6 iidon and IMnckwall <»¦">? «» - " 'S i . Diulon , Url ^ hton , and South Const 11 : 1 li : J London and North-WosUom l' - " 'l ' . »" > i London and South-Western ., C \ . » 'o - . Midland 1 < $ 4 l 0 /> i North llritlsh 13 " ^ ' 3 , North . Stnirordshire 1 : 1 . 1 14 « Oxford , Worcester , and Wolverliatnpton .. : j . > -U Soulh-JOnstern 77 } ? Soitlli Wales • " * ' Moiubay , liarodannd Ceiilnil India OH 00 Ciiivnlt ' a mul . South Kusteru par par Knsli-rn Henyal 3 | d : Wd Katft Indian . lOOj lOOj ( in-iit liHliijiu l ' enliiMiila l » S 1 > 8 Mmlnitf \ W ) 81 ) Selnrto ' . KM M » . l MiiHUlo and Lake Huron < 7 | t f > i ( irniicl TrunU of Caiuula : ! H *>* Givnt WoHtorn of CJiinudii j : | | l 'i Autvvorp and itottci'duin .. H •*( Plltoll KllelllMli ' *| tl -IiJ Kiirtk-rn ol' l- ' ranco xS& W ) 4 (• i i ' eiit LuNOinbiii' ^ ' 0 ^ : 07 l . ouibiirdo-Vonotiitn Jlf , 1 \\ Norlhern of Kranoe 3 ? i ji ; , ) I ' arl . i , Lyons , and Moiillerriinuiin , .. ' Mb ' <)•'> & i ' urid and OrleitiiH , M r >'> Hmiihi'i-n of Frnnoo ^ 0 ' - > YYeHlorii and INorlli-Wortlcrn of I ' mucu .. u' 13 vflj
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lit'btfiAN Commkiick . —Tliu proasuro iu comniorciul circles in fc 5 t . l ' ytordburg is- so scvero that ti lio Minister of Flimnco lins isaueil a notice- permitting ¦ puraons > vlro linvo to pay duties ut tlio' Custoinlionso to lo . lyv vailwivy flliaros as somirity , in lieu of ea ' rtli . Monu < vliile , atook uml sliaro pi'opcxty is < loa- erlbod it ' s iilinost vinsiilunblo . Tlio ruto of iliscyunt tins i-Lr * ( . 'ii t <> 8 i perconti Tlio oollnpse now witnoasotl | in nttriliuted to tlio sliare ninnitv which 1 ms pro- , vnllo . l In Hiisalii duriiiK thu lust twoyoiu'fl , combinoa wlili tlie wUk'ly-riunlllud pnper systuin unionget j iniunil ' iictiii \ r ,- < ami otlu « va , '
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RAILWAY INTELLIGENCE .
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JOINT STOCK COMPANIES .
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Leader (1850-1860), Nov. 19, 1859, page 1281, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2321/page/21/
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