Bank Rate Rises to Six Per Cent Amid Market Turmoil
The weekly Bank directors meeting raised the discount rate from 5 to 6 percent, aiming to curb speculation and prevent a liquidity drain. Banks and discount houses posted higher call and notice rates, while public securities showed initial firmness then volatility as traders awaited Emperor Napoleon's speech and further Bank action. Despite some recoveries in later hours, the market remained unsettled with concerns over France's finances and Ottoman loans, as investors weighed liquidity, deposits, and bullion trends.
MENTIONED IN THIS ARTICLE
City
Tavgspay
Erexine
Lesus
Messrs
Overend, Gurney
Overend, Gurney, and Co
Messrs. A
G. W. Alexander and Co
National Discount Company
Joint-stock Discount Company
London and Westminster
Napoleon
Foreign Department
Paria
Consol
Stock Exchange
M. Fould
France
Corps Legislatif
Paris
New Grenada
Atlantic and Great Western
Pennsylvania
Panama Railway
Land Mortgage Bank of India
International Finance
Gener Credit
London Finance
Mercantile Credit
Australian Mortgage and Finance
Hudson Bay
Alliance Bank
London
Liverpool
Imperial Ottoman
Buenos Ayres and River Plate
British and American Exchange Bank
Standard of Africa
Consolidated Bank
Bank of Otago
Merchant Traders Bank
East London Bank
Discount Corporation
Louise
Vienna
Amsterdam
Frankfort
India
Ecuador
Venezuela
Great Northern
Lancashire
Yorkshire
Caledonian
Midlands
South
Great Eastern
Great Western
Lancashire and
London and North
Bombay and
Baroda
Eastern Bengal
East Indian
Great Indian Peninsula
Madras
Scinde Railway
Punjaab
Ditto
Grand Trunk of Canada
Cape Town and Dock
Atlantic and
St. Lawrence
Recife
San Francisco
Sambre
Meuse
San Paulo
Bank of London
Colonial Bank
London and County
London Joint-stock
Union of London
Buenoa Ayres
River Plate
Australian Chartered
London Chartered of Australia
Union of Australia
Bank of Lindustan
China
Japan
Imperial Bank
Bank of New South Wales
the Oriental Bank
Alliance Bank of London
Aigteponh
National of Liverpool
Mr Charles Buxton on the Permissive Bill at Mid-Kent dinner
Mr Buxton MP at the Mid-Kent Agricultural Association dinner argued against sweeping liquor restrictions. He warned that banning public houses would drive drinking into private terms and harm working people, urging moderation and respect for individual choice over mass licensing reform. He cited Maine law and warned of class bias and social disruption if ratepayers forced closures.
MENTIONED IN THIS ARTICLE
Mid-Kent Agricultural Association
Mitre
Maidetons
Viscount Holmesdale
Buxton
Peter Halp
League
Lawson
Teague
Pope
Lear
Charles II
America
Hhs
John Smith
Tom Brown
Smith
Brown
Ian Frewpans
Job
Jose
The Pitmen's Strike in Auckland District
Violence erupts as women assault a coke dealer near Hanwick while miners press for wage advances and the discharge of an overman. Across collieries in the area, workers stage strikes or threaten action to compel terms, with owners offering small sums for housing clearance and evictions looming amid fundraising efforts to aid striking families.
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Newcastle Journal
Auckland
Messia
Straker
Love
Coke Huraeta
Sunnybrow
Hanwick
Pago Bank
West Hartlepool
Hanowick
Byers’ Green
Newfield
Stanley
Mesars
Joseph Pease
Maine
Oakenshaw
Geounly
Notics
Brancepeth
Andover Conservative Candidate Addresses Electors at Star and Garter
Mr W. Humphery spoke to a crowded gathering of electors at Andover's Star and Garter Hotel, outlining Conservative principles. He defended his stance, criticized Liberal approaches, and urged support, noting potential opposition and hoping to be returned to Parliament.
MENTIONED IN THIS ARTICLE
Andover
Humphery
Star and Garter
A. Earls
W. H. Humphery
Eay
Texlly
Hawkshaw
Taving
Lord Hassell
England
Alma
Ifme
R. T. Latham
Court of Common Council debates Stangate hospital site
A special Court of Common Council at the Mansion House discusses a memorial opposing the Stangate site for a new St Thomas's Hospital. Parish vestries and guardians argue the site is unhealthy and distant from the poor it serves, urging the court to assist opposition in Chancery and to fund witnesses. The motion to refer the memorial to the general purposes committee passes unanimously.
MENTIONED IN THIS ARTICLE
Houe
Vestries
Boants of Works
Boards of Guardians
Thames
Lond
Alderman Lawrence
Metropolitan Board of Work
Commton Council
Court of Common Council
St. Thomas's Hospital
Aly
City of London
St. Thomas’s Hospital
London
Stangate
South London
Westminste
Charing-cross
Wade
Victoria
Court of Chancery
Southwark
Bermondsey
Iatherhithe
Camberwell
Peckham
Royal Hospitals
Memorialista
Theiiag
William Randle
Commit
H. Lowman Taylor
Deputy Elliot
Memorialiss
Bethlehem Hospital
Newington Church
Lambeth
Lawley
St.Thomas's Hospital
Alderman Finis
St .Thomas’s Hospital
Rotherhithe
Newington
Kennington
Walworth
Clapham
Deptford
Greenwich
Woolwich
Lewisham
Finsbury
Bethnal-green
Whitechapel
England
Countie
Bermontsey
Walworts
BH. Lowman Taylor
Pes
Metropolitan Boanist Works
Elliott
Spode
Surrey Gardens
General Purposes Committee
Bondholders at London meeting condemn Ecuador payment stop
A London meeting of Ecuador bondholders at the London Tavern chaired by J D Powles condemned the suspension of the 25 percent share of customs duties due to bondholders. They planned to seek British government diplomatic pressure via Earl Russell, arguing the move violated formal agreements. The resolutions backed pursuing justice and possible partial direct claims through a government channel.
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Huw
New South Wales
Victoria
Stock Exchange
Devon Great
East Caradon
East Wheal Russell
Tincroft
Wheal Ludcott
Foreign Department
United Mexican
Santa Barbara
Liverpool
Ecuador
London
J. D. Powles
Earl Russell
Guayaquil
W. G. Ouseley
K.C.B
Otea Copper Mining Company
Philip Wright
Westwinster Improvement Commission
London and Caledonian Marine Insurance Company
Queensland
Tasmania
South Australia
West Australia
New Zealand
Cape of Good Hope
Sydney
Port Phillip
Cape
Bank of England
Bishop-gate-street
J.D. Powles
Peru
Ife
Mocatta
Lord Palmerston
Loto
Gastenberg
Columbia
Cortoy Market Quiet as Bank Rate Rises in Liverpool
Liverpool market reports a quiet trading day with some sellers conceding 4d per lb amid higher rates while many holders exit. Total sales reach 4000 bales with 1000 destined for export or speculation. Stage list shows various railway and bank stocks with mixed premiums and admissions totals for Thursday.
MENTIONED IN THIS ARTICLE
Cortoy
Caledonian Railway
Lancashire and Yorkshire
London and North-Western
Manchester
Sheffield
Lincolnshire
Metropolitan
Midland
South-Eastern
Buffalo
Huron
Great Luxembo
British and American Exchange Bank
Mercantile and Exchange Bank
National Ban
Albion Marine
British An Foreign Marine
Mercantile Marine
Queen Insurance
Thames and Mersey Marine
Great Ship Company
Hertford municipal election shows Conservative gains
In Hertford the Conservatives report four candidates elected after years of Liberal governance. Binker 292 Armstrong 291 Cocks 235 Smith 271. Liberals Darcant 247 Foster 247 Gripper 243 Tween 229. Also notes a Royal Geographical Society meeting at Burlington House with papers on Africa and the Niger expedition. The Sebastian Cabot inquiry at Liverpool police court continues with witnesses describing the captain’s intoxication and efforts to save the ship, with adjournment pending.
MENTIONED IN THIS ARTICLE
Guildford
Totnes
J. C. Hertford
Binker
Armstrong
Smith
Darcant
Foster
Gripper
Tween
Royal Geographical Society
Burlington House
Snowy Mountains
Equatorial Africa
Baron Charles van der Decken
Richant Thornton
Herbrick Murchison
Shupanga
Zambesi
Niger
Baikic
Dr. Vogel
Interior of
Africa
Sebastian Canot
Orrictan
Board of Trade
Sebastian Cabot
Liverpool
Thomas Hopkinson
Conyers
Hopkinson
Death at Christ Church Shocks Oxford Society
The sudden death of Charles B. Holloway, Esq., a member of Christ Church, Oxford, is reported after he apparently suffered an epileptic fit leading to suffocation. Found deceased on the hearthrug, he had begun his term at Oxford only recently and was regarded with respect. The incident has cast gloom over the college, where he was highly respected. The Lancet also features an article praising Dr de Jongh and cod liver oil, noting genuine oil’s complexity and recommending licensed products available in London and elsewhere.
MENTIONED IN THIS ARTICLE
Christ Church
Charles B. Holloway
Hitchings
Oriel-street
Pe Joncus Livut
Lancet
de Jongh
Joogh
Ansar, Harford, and Co
Strand
London
Also Mentioned on This Page
Money Market and City Intelligence
Lundy
Muniz Metal Company
Ottoman
London and Caledonian Marine Company
British Indian
Peninsular Sed Oriental Steam
Royal
Mail
Crys Palace
Electric Telegraph
London Financial Association
General Credit and Finance
Anglomerican Mint
National Discount
Rio de Janeiro
Hudson’s Bay
S.d. A. Ind
Charles. Buxton
M.P
Election Intelligence
Matpox
H. J. Selwin
Maldon
Lord Lyndhurst
Selwin
Western
Cryaran Palace
Taursday
Hertford