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Weekly Chronicle in London, Middlesex

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Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

May 28, 1864

Page

11

Indian canal ventures report progress amid cholera and demand

Directors recount financials and plans for Indian canal works. They note reserve funds, loans, and dispersal of surplus, with navigation to Calcutta Midnapore expected by 1865 66. Madras Irrigation and Canal Company reports optimism despite labour costs and rising food prices.

Canada East Indian and Canal Company India Midnapore Cossye Madras Irrigation and Canal Company Anicut Hindry

Terrible fire in Glasgow destroys warehouses on Gordon Street

A major blaze in Glasgow West Gordon street leveled a four story block housing calico and muslin manufacturers Inglis and Wakefield Carslow and Henderson Wallace and Murray and James M Lean Co. Fire spread through wooden floors. roof collapse and gable failure followed. Total damage up to £100,000 with many insured. Nearby firms Young and Black also affected.

Glasgow West Gordon-street Gordon-street Renfield Lane Inglis and Wakefield Calico Carslow and Henderson Muslin Wallace and Murray James M’lean and Co Gordon Street J. H. Young and Co John Black and Co Messrs Young’s Black’s House of Commons London Horano Avalon Great Eastern Railway Company Harwich Rotterdam Great Eastern

National Bank 1863 profits and capital expansion reported

The twenty ninth annual meeting at Old Broad Street details 1863 results with £105,445 13s 0d profits and a 23 percent return on original capital, plus a capital rise plan to £2 million and 20 000 new shares. It notes branches in Bayswater Charing Cross and Camden Town and contemplates moving annual meetings to February and issuing half yearly reports.

The National Bank Broad-street Jos M.kenna M. J. Power Great Britain Ireland Bank of England London Dublin J. N. McKenna Rowanp Ronano J. B. Smith Joan O'Meara T. W. Kove Bayswater Charing-cross Camden-town Robert Sutton Sutton Albert Ricardo Henshaw Kough McKenna Smith

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Banking Chronicle the National Bank
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