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  • Aug. 21, 1875
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  • OUR WEEKLY BUDGET.
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The Freemason's Chronicle, Aug. 21, 1875: Page 10

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Our Weekly Budget.

tributors . The second match was drawn . Nottinghamshire compiled 192 and 21 for the loss of one wicket , Gloucestershire 289 . For the former , Selby scored 66 and 15 , Barnes 45 , Shrewsbury 41 , and Oscroft 19 and not out 6 ; for the latter , Mr . W . G . Grace made one of his grand

threefigure innings—119 , while his brothers , Dr . E . M . Grace and G . F . Grace , contributed 27 and 31 respectively . Mr . Townsend also played a somewhat fortunate innings of 84 . Of the return between Surrey and Middlesex , which was put off from the 15 th July , owing to the wet weather , we

cannot yet give the result , but . when this , and a few other matches have been played , the season of 1875 will be over . We shall , of course , see records of matches for many weeks to come , so long , in fact , as the weather will permit of

playing , but legitimate cricket will be at an end in another ten days . It will be interesting to note the battingand bowling averages this year . We fancy there will be a considerable falling off from last in some of the more conspicuous players .

The Thames Regatta for professionals only , which , thanks to the energy of a few leading amateurs , notably Mr . J . G . Chambers , an old Cambridge oar and coach , has become one of the most important aquatic fixtures of the

year , was held on Wednesday and Thursday of this week . The former day was confined to rowing the preliminary heats , the finals being reserved for Thursday . The following are the winners in the several contests . Tho Newcastle

crew , consisting of R . Hepplethwaite , W . Nicholson , R . Bagnall , R . W . Boyd ( stroke ) , J . Scott ( cox . ) , took the first prize of £ 100 for the Champion Fours ; the Hammersmith crew , stroked by J . Sadler , being second , and a

Blackwall crew , stroked by A . Egalton , third . J . Tarryer , Rotherhithe , won the Coat , Badge and Freedom for apprentices . The race for scullers who have never sculled for £ 100 , was a splendid struggle from start to finish , T . Blackman , of the Plough R . C . winning by six inches . R . Bagnall and

J . W . Boyd , of Newcastle , won the Champion Pairs very easily from H . Thomas and J . Saddler , of Hammersmith We are sorry to learn that of the £ 230 which , apart from expenses , are devoted to prizes , hardly £ 100 has as yet been subscribed . Considering the number of amateur clubs there are , this is by no means creditable to them .

Londonderry is just now in a high state of excitement , the Royal Agricultural Society of Ireland having selected it for its annual display of cattle and implements . Among those present on the opening day were His Excellency the Viceroy , and many of the Irish nobility and gentry . The

DulK ol the exhibitors were , of course , Irishmen , but some of the leading prizes , and , singularly enough , that for swine , have been carried off by Englishmen , Mr . A . H . Browne ,

of Doxford , Northumberland , securing the Purdon challenge cup for the best shorthorn bull , Lady Emily Pigot the Purdon challenge cup for the two best shorthorn heifers , Mr . G . Turner , of Northampton , the Cork challenge cup for the best ram , and Mr . Jacob Dove , of Hambrook House , Gloucestershire , the first prize for the coloured breed of

swine . A most interesting geological discovery has been made at the Surrey Commercial Docks . For some time past excavations have been going on with a view to forming a new tidal basin , and owing to the prevalence of sundry

rumours , several of the fellows of the Geological Society paid a visit to the neighbourhood , and evidences were found of a large subterranean forest , submerged ages since ,

« uu uexongmg , as we are mtormecl , " to the bronze age of prehistoric archaeology . " Evidences of this fact have frequentl y been found along the river on both sides . All the trees are of the kind yet inhabiting Britain , and in the

peat are bones ot the great fossil ox ( vos primiqinius ) . _ The news from the East is very serious . The insurrection in the Herzegovina appears to be extending , and there are rumours of Servia aud Montenegro taking part in the struggle against Turkey . We hope the peace of Europe

wm not be disturbed for the sake of a number of petty principalities , the history of whose career is the reverse of creditable . If the Great Powers signify unmistakabl y their determination not to allow the whole continent of Europe to be set by the ears for the sake of a few tribes of freebooters , the insurrection will soon be at an end , but

imperial jealousies may step in and prevent this happy consummation . That this is no idle imagination may be gathered from the panic reported on the French Bourse , which is chiefly , if not entirely , attributable to the unsatisfactory rumours about this revival of the Eastern question . More fi ghting in Spain has come to be quite

Our Weekly Budget.

a general piece of intelligence . We do not see , how ever , that the end of the war is much nearer .

From the United States is reported the death of Ex-President Andrew Johnson , who was buried with full Masonic honours on the 3 rd instant . Further respect was shown our respected brother by General Grant ordering that all the public offices should be in mourning for several days before the funeral .

We are necessarily gratified at finding our articles so frequently quoted in extenso . In a recent issue of the Keystone will be found our article on the late Dr . Oliver , but we do not see the usual acknowledgment as to tho source whence it was obtained . Doubtless this act of courtesy has been omitted through an oversight .

It is announced that a " Royal Masonic Cyclopaedia is in course of production . The work is to be issued in six half-crown parts of 128 pages each , and will be edited by Kenneth R . H . Mackenzie . Among the subjects to be specially treated may be mentioned , the History of

Freemasonry , the revival of Masonry in the seventeenth , and its re-construction in the eighteenth century . Biographical notices of the principal Grand Masters and other Masonic

celebrities will also find a place in the work . Intending subscribers may send their names to the office of the Freemason's Chronicle , 67 Barbican , London , E . G ., or to the publisher , Bro . J . Hogg , 15 A Paternoster Row , E . C .

On Tuesday next the Great Swimming Fete will take place at the Crystal Palace , and in connection with it will be held the annual competition of the Victoria Park Swimming Club . The following will be the events contested : a Mile Race for the Amateur Championship of

England , the first prize , a cup given by the Swimming Association of Great Britain , the second prize being Excelsior and Leander Medals ; the Crystal Palace Challenge Cup , a mile ; a Two Hundred Yard Open Race , a Hurdle Race , and a Race in Dress , the Victoria Park Swimming

Club Handicap for three prizes , given by Messrs . O . E . Coopc M . P ., J . H . Heeps and E . H . Cnrrie , and a variety of ornamental swimming , racing in tubs , duck hunts , & c , & c . Sir Antonio Brady will present the prizes afc the conclusion of the competition .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FltlDAY . Tho Bank rate remains at 2 per cent ., and the -weekly return issued by the Bank shows a further increase of £ 800 , 000 in the reserve ; the proportion of reserve to liabilities is now 54 J per cent . The question as to the future allowance of interest by the London

Joint Stock Banks for money on deposit remains unsettled , but it is fully assumed that the great strength of these institutions will prevent in future a thoroughly strict adherence to the old custom of giving 1 per cent , below the Bank of England rate . In accordance with the system of the Scotch banks , the London and Westminster

Bank has for a long period paid interest on deposits afc call , but it may be questioned whether the arrangement works so well as in Scotland , where money placed with a bank is usually kept there for many years . In London the changes in the value of money are , as a rule , much more sudden , and a large sum placed at call is not usually

regarded with , satisfaction by most bankers and discount establishments . The other joint stock banks require a week ' s notice before they repay any deposits . There is meanwhile no apparent outlet for the mass of float , ing capital , and further discussions upon the subject maybe fully anticipated . For many years a very large proportion of the surplus capital

of this country was diverted abroad in tho shape of subscriptions to new loans , but the danger attending many of these investments has recently been fully shown , and hence there is no immediate prospect of any important reduction in the supply of money . The banks will therefore hold a very large sum unemployed , upon which interest ia

being paid , and it is not unlikely that the dividends for the present half-yenr will bo smaller than those recently declared . But in the meantime the commercial atmosphere is being thoroughly purified , and when operations revive upon an active scale the legitimate trader

will have a much better chance of obtaining a fair share of profit . A new undertaking has been formed , under the title of the Maritime Passengers' and Mariners' Insurance Company Limited , " to insure the lives of persons who are about to undertake a sea voyage , or a voyage or journey , partly by sea , and partly by land . " It is also

“The Freemason's Chronicle: 1875-08-21, Page 10” Masonic Periodicals Online, Library and Museum of Freemasonry, 3 Aug. 2025, django:8000/periodicals/fcn/issues/fcn_21081875/page/10/.
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ROBERT BURNS AND TARBOLTON LODGE. Article 1
THE GRAND LODGE OF CANADA. Article 2
DISTRICT GRAND LODGE OF BRITISH BURMAH. Article 2
SPEAKERS AND SPEECHES. Article 3
Obituary. Article 4
ANSWERS TO CORRESPONDENTS. Article 4
CORRESPONDENCE. Article 4
REVIEWS. Article 5
PROMENADE CONCERTS. Article 6
GOTHIC ARCHITECTURE AND FREEMASONRY. Article 7
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OUR WEEKLY BUDGET. Article 8
MONEY MARKET AND CITY NEWS. Article 10
LIFEBOAT ENDOWMENT FUND. Article 11
STRAND THEATRE. Article 11
THE PRINCE OF WALES AND THE CHLDREN'S HOSPITAL. Article 11
DIARY FOR THE WEEK. Article 12
NOTICES OF MEETINGS. Article 12
VICTORIA PARK SWIMMING CLUB. Article 13
DR. WINSLOW LEWIS, Article 14
RAILWAY TRAFFIC RETURNS Article 14
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Our Weekly Budget.

tributors . The second match was drawn . Nottinghamshire compiled 192 and 21 for the loss of one wicket , Gloucestershire 289 . For the former , Selby scored 66 and 15 , Barnes 45 , Shrewsbury 41 , and Oscroft 19 and not out 6 ; for the latter , Mr . W . G . Grace made one of his grand

threefigure innings—119 , while his brothers , Dr . E . M . Grace and G . F . Grace , contributed 27 and 31 respectively . Mr . Townsend also played a somewhat fortunate innings of 84 . Of the return between Surrey and Middlesex , which was put off from the 15 th July , owing to the wet weather , we

cannot yet give the result , but . when this , and a few other matches have been played , the season of 1875 will be over . We shall , of course , see records of matches for many weeks to come , so long , in fact , as the weather will permit of

playing , but legitimate cricket will be at an end in another ten days . It will be interesting to note the battingand bowling averages this year . We fancy there will be a considerable falling off from last in some of the more conspicuous players .

The Thames Regatta for professionals only , which , thanks to the energy of a few leading amateurs , notably Mr . J . G . Chambers , an old Cambridge oar and coach , has become one of the most important aquatic fixtures of the

year , was held on Wednesday and Thursday of this week . The former day was confined to rowing the preliminary heats , the finals being reserved for Thursday . The following are the winners in the several contests . Tho Newcastle

crew , consisting of R . Hepplethwaite , W . Nicholson , R . Bagnall , R . W . Boyd ( stroke ) , J . Scott ( cox . ) , took the first prize of £ 100 for the Champion Fours ; the Hammersmith crew , stroked by J . Sadler , being second , and a

Blackwall crew , stroked by A . Egalton , third . J . Tarryer , Rotherhithe , won the Coat , Badge and Freedom for apprentices . The race for scullers who have never sculled for £ 100 , was a splendid struggle from start to finish , T . Blackman , of the Plough R . C . winning by six inches . R . Bagnall and

J . W . Boyd , of Newcastle , won the Champion Pairs very easily from H . Thomas and J . Saddler , of Hammersmith We are sorry to learn that of the £ 230 which , apart from expenses , are devoted to prizes , hardly £ 100 has as yet been subscribed . Considering the number of amateur clubs there are , this is by no means creditable to them .

Londonderry is just now in a high state of excitement , the Royal Agricultural Society of Ireland having selected it for its annual display of cattle and implements . Among those present on the opening day were His Excellency the Viceroy , and many of the Irish nobility and gentry . The

DulK ol the exhibitors were , of course , Irishmen , but some of the leading prizes , and , singularly enough , that for swine , have been carried off by Englishmen , Mr . A . H . Browne ,

of Doxford , Northumberland , securing the Purdon challenge cup for the best shorthorn bull , Lady Emily Pigot the Purdon challenge cup for the two best shorthorn heifers , Mr . G . Turner , of Northampton , the Cork challenge cup for the best ram , and Mr . Jacob Dove , of Hambrook House , Gloucestershire , the first prize for the coloured breed of

swine . A most interesting geological discovery has been made at the Surrey Commercial Docks . For some time past excavations have been going on with a view to forming a new tidal basin , and owing to the prevalence of sundry

rumours , several of the fellows of the Geological Society paid a visit to the neighbourhood , and evidences were found of a large subterranean forest , submerged ages since ,

« uu uexongmg , as we are mtormecl , " to the bronze age of prehistoric archaeology . " Evidences of this fact have frequentl y been found along the river on both sides . All the trees are of the kind yet inhabiting Britain , and in the

peat are bones ot the great fossil ox ( vos primiqinius ) . _ The news from the East is very serious . The insurrection in the Herzegovina appears to be extending , and there are rumours of Servia aud Montenegro taking part in the struggle against Turkey . We hope the peace of Europe

wm not be disturbed for the sake of a number of petty principalities , the history of whose career is the reverse of creditable . If the Great Powers signify unmistakabl y their determination not to allow the whole continent of Europe to be set by the ears for the sake of a few tribes of freebooters , the insurrection will soon be at an end , but

imperial jealousies may step in and prevent this happy consummation . That this is no idle imagination may be gathered from the panic reported on the French Bourse , which is chiefly , if not entirely , attributable to the unsatisfactory rumours about this revival of the Eastern question . More fi ghting in Spain has come to be quite

Our Weekly Budget.

a general piece of intelligence . We do not see , how ever , that the end of the war is much nearer .

From the United States is reported the death of Ex-President Andrew Johnson , who was buried with full Masonic honours on the 3 rd instant . Further respect was shown our respected brother by General Grant ordering that all the public offices should be in mourning for several days before the funeral .

We are necessarily gratified at finding our articles so frequently quoted in extenso . In a recent issue of the Keystone will be found our article on the late Dr . Oliver , but we do not see the usual acknowledgment as to tho source whence it was obtained . Doubtless this act of courtesy has been omitted through an oversight .

It is announced that a " Royal Masonic Cyclopaedia is in course of production . The work is to be issued in six half-crown parts of 128 pages each , and will be edited by Kenneth R . H . Mackenzie . Among the subjects to be specially treated may be mentioned , the History of

Freemasonry , the revival of Masonry in the seventeenth , and its re-construction in the eighteenth century . Biographical notices of the principal Grand Masters and other Masonic

celebrities will also find a place in the work . Intending subscribers may send their names to the office of the Freemason's Chronicle , 67 Barbican , London , E . G ., or to the publisher , Bro . J . Hogg , 15 A Paternoster Row , E . C .

On Tuesday next the Great Swimming Fete will take place at the Crystal Palace , and in connection with it will be held the annual competition of the Victoria Park Swimming Club . The following will be the events contested : a Mile Race for the Amateur Championship of

England , the first prize , a cup given by the Swimming Association of Great Britain , the second prize being Excelsior and Leander Medals ; the Crystal Palace Challenge Cup , a mile ; a Two Hundred Yard Open Race , a Hurdle Race , and a Race in Dress , the Victoria Park Swimming

Club Handicap for three prizes , given by Messrs . O . E . Coopc M . P ., J . H . Heeps and E . H . Cnrrie , and a variety of ornamental swimming , racing in tubs , duck hunts , & c , & c . Sir Antonio Brady will present the prizes afc the conclusion of the competition .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FltlDAY . Tho Bank rate remains at 2 per cent ., and the -weekly return issued by the Bank shows a further increase of £ 800 , 000 in the reserve ; the proportion of reserve to liabilities is now 54 J per cent . The question as to the future allowance of interest by the London

Joint Stock Banks for money on deposit remains unsettled , but it is fully assumed that the great strength of these institutions will prevent in future a thoroughly strict adherence to the old custom of giving 1 per cent , below the Bank of England rate . In accordance with the system of the Scotch banks , the London and Westminster

Bank has for a long period paid interest on deposits afc call , but it may be questioned whether the arrangement works so well as in Scotland , where money placed with a bank is usually kept there for many years . In London the changes in the value of money are , as a rule , much more sudden , and a large sum placed at call is not usually

regarded with , satisfaction by most bankers and discount establishments . The other joint stock banks require a week ' s notice before they repay any deposits . There is meanwhile no apparent outlet for the mass of float , ing capital , and further discussions upon the subject maybe fully anticipated . For many years a very large proportion of the surplus capital

of this country was diverted abroad in tho shape of subscriptions to new loans , but the danger attending many of these investments has recently been fully shown , and hence there is no immediate prospect of any important reduction in the supply of money . The banks will therefore hold a very large sum unemployed , upon which interest ia

being paid , and it is not unlikely that the dividends for the present half-yenr will bo smaller than those recently declared . But in the meantime the commercial atmosphere is being thoroughly purified , and when operations revive upon an active scale the legitimate trader

will have a much better chance of obtaining a fair share of profit . A new undertaking has been formed , under the title of the Maritime Passengers' and Mariners' Insurance Company Limited , " to insure the lives of persons who are about to undertake a sea voyage , or a voyage or journey , partly by sea , and partly by land . " It is also

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