Bank note circulation in the United Kingdom drops year over year
The Bankers' Magazine reports four week totals ending October 15 for England and Wales private and joint stock banks plus Scotch and Irish banks. Compared with the prior month England shows a £1,043,606 decline and the United Kingdom £929,047. Fixed issues show England below by £1,880,772 while Scotch banks are above and Irish banks below their fixed issues. Bank of England bullion averages £13,074,183 for the month, up £152,248 from last month. Scotch and Irish specie totals rise to £4,352,043, up £223,440 from the previous return.
MENTIONED IN THIS ARTICLE
Bankers’ Magazine
England
Wales
Bank of England
United Kingdom
New Company Formed in Assam Tea Estates
The Baugparah Tea Estates Company of Assam Limited launches with £200000 capital in 20000 shares of £10. First issue limited to 10000 shares. Application and allotment at 10s each. calls not exceeding £1, with minimum three month intervals. Estates already cultivated with a guaranteed minimum dividend of 10 percent per year for three years, semiannual in July and January, and larger distributions possible. Purchase money £50000 to be paid over time.
MENTIONED IN THIS ARTICLE
Baugparah Tea Estates Company OF Assam
Baugparah Tea Estates Company of Assam (Limited
Whitwood and Methley Collieries Company Formed
Henry Briggs and Son propose a limited liability company to operate Whitwood and Methley collieries with capital £135000, nominal £15 shares, 10 paid in. Two thirds of shares stay with the firm to unite capital and labour and avert trade disputes. Nottingham life office launch praised for solvency and savings features.
MENTIONED IN THIS ARTICLE
Messrs
Henry, Briggs
Railway Shareholders Debate Feeder Roads and Darjeeling Line
The half year report shows passenger traffic rising and calls for government feeder roads to boost revenue. Directors resist a Darjeeling line without a government guarantee while stressing potential dividend prospects and noting cyclone damages in Calcutta.
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Banking Chronicle
Scotland
Treland Ese
Whitwood and Methley Collieries Company
General Provincial Livy Assurance Company
Limtrep
Nottingham
General Provincial
Great Britain
Nottingham Daily Guardian
Notticham Bankruptcy Court
Iective 5 Ee
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Wicket RD E
Ankrupty Court
Sanders
H Tesla
Jolloway
Railway Chronicle
Eastern Bengal Railway
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Lerrit
Charman
India
Barackpore
Dumdum
Calcutta
Bengal
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Paxton
Whytes
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North Bengal
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Taylor
Morgan
Government of India
Ciaran
London
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Pranklin
Prrror
Assam Tea Company
East India Steam Company
Soonderburns
Cuartman
Ihe