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Weekly Chronicle in London, Middlesex

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Weekly Chronicle

Location

London, Middlesex, United Kingdom

Date

Nov 26, 1864

Page

5

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.

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.

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.

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.

Also Mentioned on This Page

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 Nottingham Banl Wicket RD E Ankrupty Court Sanders H Tesla Jolloway Railway Chronicle Eastern Bengal Railway Gresham-street Lerrit Charman India Barackpore Dumdum Calcutta Bengal Brassey Paxton Whytes Darjeeling North Bengal Himalayas Kooshree Eastern Bengal Company Captain Taylor Taylor Morgan Government of India Ciaran London Government of Pranklin Prrror Assam Tea Company East India Steam Company Soonderburns Cuartman Ihe
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