Confidence and fraud attack joint stock schemes in London
The article argues that money sits idle due to investor mistrust caused by fraud and a biased money market. It urges safer investments and highlights the London and Suburban Land and Building Company, promising stable gains and secure land holdings around the metropolis with a 10 percent dividend and a 24 percent bonus.
MENTIONED IN THIS ARTICLE
Lombard Street
John
Thomas
Mary
Jane
Louisa
London and Westminster
London and County
Eea
London and Suburban Land and Building Company
London
Promoters Urged to Reveal True Nature of Company
The article criticizes a company for quiet operations and urges disclosure of its business, success, and prospects. It argues the firm could dispose of remaining shares and double capital, insisting on open details to reassure investors. It contends the business can safely expand and pay large dividends if properly disclosed.
Provident Clerks Propose New Guarantee Association
The Provident Clerks announce plans for a separate Provident Clerk and General Guarantee Association with limited liability and a £50,000 capital. Directors of the existing Provident Clerks' Mutual Life Assurance Association will run the new venture, offering guaranteed officials a fair share of profits from premiums and aiming for government recognition.
MENTIONED IN THIS ARTICLE
Provident Clerks’ Mutual Life Assurance Association
Provident Clerks’ Benevolent Fund
Provident Clerks’ and General Guarantee Association
Provident Clerk and General Guarantee Association
Weekly Chronicle
London and County Bank upbeat on shares and growth
The chairman reported steady progress at the half year with customer deposits rising by £1 100 000 and a profit of £106 891. The dividend for the half year reached 15 percent, lifting the annual payout to 30 percent while shares climbed from 27 to 76. The article notes strong public esteem and continued expansion despite competition.
MENTIONED IN THIS ARTICLE
Rphe
London and County Bank
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