Skip to main content
Museum of Freemasonry

Masonic Periodicals Online

  • Explore
  • Advanced Search
  • Home
  • Explore
  • The Freemason's Chronicle
  • Jan. 23, 1875
  • Page 6
  • MONEY MARKET AND CITY NEWS.
Current:

The Freemason's Chronicle, Jan. 23, 1875: Page 6

  • Back to The Freemason's Chronicle, Jan. 23, 1875
  • Print image
  • Articles/Ads
    Article ROYAL MASONIC BENEVOLENT INSTITUTION. ← Page 4 of 4
    Article MONEY MARKET AND CITY NEWS. Page 1 of 1
    Article MONEY MARKET AND CITY NEWS. Page 1 of 1
    Article ANSWERS TO CORRESPONDENTS Page 1 of 1
    Article CORRESPONDENCE. Page 1 of 2 →
Page 6

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Royal Masonic Benevolent Institution.

on together during the term of my Grand Mastership , united heart and hand in the prosecution of those objects which are proper for the advancement of our great cause . May the blessing of God rest upon us ! May our numbers vapidly increase , and our influence become greater in the land , and be more and more exerted for good , always and only for good f

AVINE 3 AND SPIRITS ( Foreign ) on which Dnty was paid in London by some of the principal firms during tho past year .

AVINES ( FOHEKJS ) Gallons TV & AGilboy HHt > , 2 as Dtmjwall , Portal & Co ... 130 , 833 FAVCosens 115 , 800 It Hooper k Sons 103 . 00 . - ) Jfnx Gresor & Co lOO . Kili

D Taylor & Sons 8 fi , "> 55 Dent , TJrvick & Co 79 , 701 Cunliffo & Co 7 N . 2 S 1 TAVStaploton & Co ... ... 7 t " ., 8 ' . U AV . T Murray 7 ( i , 2 !> 2 IITlfarfield 7 . ' ; IS . - > CG Phillips * Co 72 , 002

SPIRITS ( 1 'oiMx ) Gallons AV & AGilbcv 31 S . 531 Twiss & Browning 193 , 211 Daniel Taylor & Sons ... 1 B 5 , 0 « 5 Trowel" & Lawson 163 , 057 Diujrwnll , Portal & Co ... 13 ti , 7 !) t

Gnlbraith , Grant & Co ... 91 , 828 B Hooper & Sons Hl , 2 « l E S Pick & Co 05 , 3 ( 12 TC Unmet * & Son iiS . IV . ll Daun A A ' silleutin » f > ,: « 9 Osmond & Co 5 I 5 . 1 S 1 Fulchcv & Robinson 16 , 510

Besides the preceding there Avere about 2000 firms who paid duty on Wines and Spirits ia less qnanth' ws than those above mentioned . — Wine Trade iter tew , loth January 1875 .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FRIDAY , One result of the threatened ruptnre between the Turks and Montenegrins this week was to depress tho market all round the moment the news became current on 'Change , At first tho excitement was made the most of for speculative purposes , bnfc the agitation created by this intelligence has since toned down , and it seems probable that

the violent fluctuations which took possession of business AVI'U be fairly recovered . Next to this in importance has been the advent of the Brazilian loan for live millions sterling . Tho bonds bear interest at the rate of five per cent ., and the price of issue was fixed at 9 G 1- ; but notAvithstanding this high figure , it is stated that the subscriptions have far exceeded the amount required . The reasons given

for this new loan being required are plausible enough , aud appear to stand thus : the enormous rise in the value of coffee greatly enriched Southern Brazil , and its riches so obtained have given a great impetus to railway extension to the more distant coffee growing districts . Already the planters of one province have pushed forward a line for themselves out of their own resources , and now they are

connecting the arterial lino by a , branch which will open up com . nuvuication between the province in question and the capital , Rio Janeiro . 1 'or securing the extension of these and similar works a special provincial tax is imposed , providing for the remuneration of shareholders and bondholders under all conditions . The principal railway in the conntry , already belongs to tho Imperial

Government , dividends of 7 per cent , having been paid on a capital of £ 5 , 000 , 000 . Tho necessary funds for currying out this undertaking have been provided by sin issue of Treasury Bonds , which tho Govenimtuit now seeks to pay oil " , as also to proceed with its onward construction by means furnished by the now loan . So that for the greater part of its so-applied proceeds tho Brazilian

Government will bo recouped , interest and amortisation out of the profits of this its own property . The remaining portion of the Loan Avill also go to advance Public Works , which there is also reason to anticipate will bo remunerative . The new Loan is therefore raised , not to fill up deficits , or to meet extravagant expenditure , but to promote enterprises principally of undoubted security , and profit to the

Government . Consols are unaffected by any of the changes that have taken p lace in other directions , and remain firm at previous prices . To some extent tho Foreign market has suffered from tho outbreak previously referred to , and the feeling of uncertainty with regard to Turkish Stocks . Many operations have been noted at a downward tendency , bnt the unfavourable symptoms are not so strong at tho

close . Business has been fairly maintained in the L ' uglish Railway market , although a certain amount of depression crept in at one time in sympathy Avith the agitation elsewhere . There is evidently a revival of confidence in these undertakings , and quotations are taking an upward turn . Midland and Metropolitan stocks are marked hi'dier , as well as North Staffordshire .

In miscellaneous securities there is not much movement , the principal being a heavy fall in Turkish ; Imperial Ottoman Bank shares have been largely sold . We are informed that the Khedive has determined upon tho establishment of a Ministry of Commerce in Egypt , upon the model of the English Board of Trade , and has expressed a wish , through the

Foreign Oflicc , to obtain the services of two officers of tho Board of Trade competent to assist in organising the new department . AVe understand that the President of the Board of Trade has accordingly recommended Mr . H . Cholmondeley Penned and Mr . E . A . R . Acton to assist the Egyptian Government in organising respectively the departments for Internal and . External Commerce .

The Chinese Imperial Loan , contracted with tho Hong-Kong and Shanghai Banking Corporation , bus met with great success . The applications for bonds were seven times in excess of the number offered to public subscription . The report to bo presented at the meeting of the London and

AVestminsterBauk states the net profits for the half-year at £ 188 , 018 , raising the " rest" to £ 1 , 231 , 798 , out of which the directors recommend a dividend of 11 per cent , for tho six months , leaving the " rest " at £ 1 , 014 , 798 . The deposits , circnlar notes , & c , amount to £ 30 , 015 , 191 . The shares of the New Zealand Manganese Mines . Company are qtiuteil at 1 premium ,

Money Market And City News.

The ordinary meeting ot the Coal Consumers' Association , is to be held on the 27 th inst ., to receive the general report , and also the report of tho committee of investigation . In t he French National Assembly a bill has been presented by the Minister of Public AVorks for the construction of tho long projected railway funnel under the Channel . Tho French Company to which the concession is granted , undertake to carry cut the work without

any State grant or guarantee of interest on capital . On and after the 1 st of next month the mails from England and Scotland to the north of Ireland -will be conveyed by the short sea route , rid Lame and Stranraer . Dnring the past tAVO or three months there have been freqnent complaints as to the service fid Holyhead and Kingstown , and a town meeting has been held in Belfast on the subject , presided over by the mayor .

IIot . Low . ir ' s OINTMKXT AXD Pm . s . —These precious treasures work wonderful cures of the worst diseases , which defy other treatment . Thousands have extolled them as they deserve , yet have not given them one word of praise more than they richly merited . An attentive study of tho directions wrapped round Holloway's medicaments will enable any invalid to overcome his

liihrmitj ' , whether it be outwardly visible or inwardly concealed . Sores , skiu diseases , inflammation , erysipelas , chest complaints , as well as moat disorders of the head , stomach , liver , kidneys , and bowels , may bo radically removed by these means , which aro no less potent in successfully contending with the ofttimes fatal ulcerations of the throat which periodically render scarlet fevct and diphtheria most terrible public scourges .

Answers To Correspondents

ANSWERS TO CORRESPONDENTS

Q . —AVe have already touched upon the subject ; see onr opening number . It is early yet to revert to it . J . H . E . —AVe shall deal with the question you have raised when tho date fixed for the Annual Festival is nearer . AVe shall then gladly heed any snggestions you may think fit to make .

ENIGMA . —AVith all due respect we submit that you aro in error , Try , at all events , to substantiate your facts , then , perhaps , yom view of the circumstances , will have greater weight . We shall be obliged if our correspondents will write their communications on one side of the paper only . CKOWDEH OUT . —Promised reply to E . M . H . ' s letter and other matter ,

Correspondence.

CORRESPONDENCE .

All Letters must bear the name and address of the Writer , not necessarily for publication , hat as a guarantee of good faith . We cannot undertake to return rejected communications . We do itof hold ourselves responsible for the opinions of our Cor ~ respondents .

THE FKEEMASONS' LIFEBOAT

To the Editor of THE FREEMASON ' S CHRONICLE . Sin , —1 am greatly obliged to Bro . E . Gottheil , tho Hon . Secretary of the Freemasons' Lifeboat Fund , for his lucid history of an event of such interest to tho Order generally , aud of which I was , I confess , in utter ignorance . I hare been two years a Mason , and have attended my Lodge meetings with great regularity , but I do not remember ever hearing that the Fraternity had been the generous

donors of a Lifeboat . My letter was written on tho impulse of the moment , shortly after the occurrence of tho series of storms which will make the closing months of 1871 memorable in Naval Annals . I do not however regret that the question has been raised in your columns . I have recently looked into tho statistics published by the Lifeboat Association , and I find that cash to pay the working

expenses of tho boats already in the possession of the Association is urgently needed . I shall bo glad to subscribe a guinea for tho formation of an Endowment Fnud , having for its object the payment of the annual expenses incurred in working the Boat presented by the Order . I trust others of my brethren will contribute . It seems to mo that Ave .

who " live at home at ease , " incur a fearful responsibility if we do not do all in onr power to succour the seaman in his hour of dire distress . It is no doubt possible for the Legislature to do mnch for the class who got their bread on the ocean ; but when all that Parliament can do has been accomplished , there will be ample room for private enterprise and benevolence to come to the rescue of Poor Jack . I am , Sir , Yours Fraternally , Liverpool , 18 th January . A MASTER MASON .

To the Editor of THE FREEMASON ' CHRONICLE . SIR AND BUOTHKR , —I am in entire ignorance of your sen-nmonts on a subject somewhat important to myself , and one on which I have boon rather severely lectured by your contemporary , The Freemason . ; —Whether I am absolutely disqualified , or to what extent I ought to feel myself debarred , virtute officii , from taking part in discussions in Grand Lodge , or elsewhere , on questions intimately associated with

the interests of our great institutions . I appeal for space in your columns , therefore , to place before the Craft the facts and figures I was desirous of submitting , from my seat in Grand Lodge , at tho last Quarterly Communication . I could not ask this favour from your contemporary , because I yet fail to recognise tho distinction drawn by him in the concession of my perfect right to express my opinions in print , and tho abnegation of my right to do so orall y in Grand Lodge . If the objection to Bro . A . B ., not as Bro . A . B ., but qu & Bro . " Secretary " A . B ., be valid , it must be Talid alike everywhere , and

“The Freemason's Chronicle: 1875-01-23, Page 6” Masonic Periodicals Online, Library and Museum of Freemasonry, 1 Aug. 2025, django:8000/periodicals/fcn/issues/fcn_23011875/page/6/.
  • List
  • Grid
Title Category Page
AN ENDOWMENT FUND FOR THE FREEMASONS' LIFEBOAT. Article 1
THE MASON: A SINCERE MAN. Article 1
MASONIC RENCONTRES — THE TWO ISTHMUS. Article 2
ROYAL MASONIC BENEVOLENT INSTITUTION. Article 3
ADDRESS TO THE MEMBERS OF THE ORANGE BROTHERHOOD OF SCOTLAND, BY MOST WORSHIPFUL GRAND MASTER BRO. CHALMERS I. PATON. Article 4
MONEY MARKET AND CITY NEWS. Article 6
ANSWERS TO CORRESPONDENTS Article 6
CORRESPONDENCE. Article 6
REVIEWS. Article 7
THE QUARTERLIES. Article 7
THE THEATRES, &c Article 8
Untitled Article 8
Untitled Article 8
Untitled Article 8
DE PLURIMIS REBUS. Article 8
DIARY FOR THE WEEK. Article 11
NOTICES OF MEETINGS. Article 11
THE DRAMA. Article 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 14
Untitled Ad 15
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Ad 16
Untitled Article 16
Page 1

Page 1

3 Articles
Page 2

Page 2

3 Articles
Page 3

Page 3

3 Articles
Page 4

Page 4

4 Articles
Page 5

Page 5

2 Articles
Page 6

Page 6

5 Articles
Page 7

Page 7

3 Articles
Page 8

Page 8

5 Articles
Page 9

Page 9

2 Articles
Page 10

Page 10

2 Articles
Page 11

Page 11

3 Articles
Page 12

Page 12

2 Articles
Page 13

Page 13

2 Articles
Page 14

Page 14

14 Articles
Page 15

Page 15

1 Article
Page 16

Page 16

10 Articles
Page 6

Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.

Royal Masonic Benevolent Institution.

on together during the term of my Grand Mastership , united heart and hand in the prosecution of those objects which are proper for the advancement of our great cause . May the blessing of God rest upon us ! May our numbers vapidly increase , and our influence become greater in the land , and be more and more exerted for good , always and only for good f

AVINE 3 AND SPIRITS ( Foreign ) on which Dnty was paid in London by some of the principal firms during tho past year .

AVINES ( FOHEKJS ) Gallons TV & AGilboy HHt > , 2 as Dtmjwall , Portal & Co ... 130 , 833 FAVCosens 115 , 800 It Hooper k Sons 103 . 00 . - ) Jfnx Gresor & Co lOO . Kili

D Taylor & Sons 8 fi , "> 55 Dent , TJrvick & Co 79 , 701 Cunliffo & Co 7 N . 2 S 1 TAVStaploton & Co ... ... 7 t " ., 8 ' . U AV . T Murray 7 ( i , 2 !> 2 IITlfarfield 7 . ' ; IS . - > CG Phillips * Co 72 , 002

SPIRITS ( 1 'oiMx ) Gallons AV & AGilbcv 31 S . 531 Twiss & Browning 193 , 211 Daniel Taylor & Sons ... 1 B 5 , 0 « 5 Trowel" & Lawson 163 , 057 Diujrwnll , Portal & Co ... 13 ti , 7 !) t

Gnlbraith , Grant & Co ... 91 , 828 B Hooper & Sons Hl , 2 « l E S Pick & Co 05 , 3 ( 12 TC Unmet * & Son iiS . IV . ll Daun A A ' silleutin » f > ,: « 9 Osmond & Co 5 I 5 . 1 S 1 Fulchcv & Robinson 16 , 510

Besides the preceding there Avere about 2000 firms who paid duty on Wines and Spirits ia less qnanth' ws than those above mentioned . — Wine Trade iter tew , loth January 1875 .

Money Market And City News.

MONEY MARKET AND CITY NEWS .

FRIDAY , One result of the threatened ruptnre between the Turks and Montenegrins this week was to depress tho market all round the moment the news became current on 'Change , At first tho excitement was made the most of for speculative purposes , bnfc the agitation created by this intelligence has since toned down , and it seems probable that

the violent fluctuations which took possession of business AVI'U be fairly recovered . Next to this in importance has been the advent of the Brazilian loan for live millions sterling . Tho bonds bear interest at the rate of five per cent ., and the price of issue was fixed at 9 G 1- ; but notAvithstanding this high figure , it is stated that the subscriptions have far exceeded the amount required . The reasons given

for this new loan being required are plausible enough , aud appear to stand thus : the enormous rise in the value of coffee greatly enriched Southern Brazil , and its riches so obtained have given a great impetus to railway extension to the more distant coffee growing districts . Already the planters of one province have pushed forward a line for themselves out of their own resources , and now they are

connecting the arterial lino by a , branch which will open up com . nuvuication between the province in question and the capital , Rio Janeiro . 1 'or securing the extension of these and similar works a special provincial tax is imposed , providing for the remuneration of shareholders and bondholders under all conditions . The principal railway in the conntry , already belongs to tho Imperial

Government , dividends of 7 per cent , having been paid on a capital of £ 5 , 000 , 000 . Tho necessary funds for currying out this undertaking have been provided by sin issue of Treasury Bonds , which tho Govenimtuit now seeks to pay oil " , as also to proceed with its onward construction by means furnished by the now loan . So that for the greater part of its so-applied proceeds tho Brazilian

Government will bo recouped , interest and amortisation out of the profits of this its own property . The remaining portion of the Loan Avill also go to advance Public Works , which there is also reason to anticipate will bo remunerative . The new Loan is therefore raised , not to fill up deficits , or to meet extravagant expenditure , but to promote enterprises principally of undoubted security , and profit to the

Government . Consols are unaffected by any of the changes that have taken p lace in other directions , and remain firm at previous prices . To some extent tho Foreign market has suffered from tho outbreak previously referred to , and the feeling of uncertainty with regard to Turkish Stocks . Many operations have been noted at a downward tendency , bnt the unfavourable symptoms are not so strong at tho

close . Business has been fairly maintained in the L ' uglish Railway market , although a certain amount of depression crept in at one time in sympathy Avith the agitation elsewhere . There is evidently a revival of confidence in these undertakings , and quotations are taking an upward turn . Midland and Metropolitan stocks are marked hi'dier , as well as North Staffordshire .

In miscellaneous securities there is not much movement , the principal being a heavy fall in Turkish ; Imperial Ottoman Bank shares have been largely sold . We are informed that the Khedive has determined upon tho establishment of a Ministry of Commerce in Egypt , upon the model of the English Board of Trade , and has expressed a wish , through the

Foreign Oflicc , to obtain the services of two officers of tho Board of Trade competent to assist in organising the new department . AVe understand that the President of the Board of Trade has accordingly recommended Mr . H . Cholmondeley Penned and Mr . E . A . R . Acton to assist the Egyptian Government in organising respectively the departments for Internal and . External Commerce .

The Chinese Imperial Loan , contracted with tho Hong-Kong and Shanghai Banking Corporation , bus met with great success . The applications for bonds were seven times in excess of the number offered to public subscription . The report to bo presented at the meeting of the London and

AVestminsterBauk states the net profits for the half-year at £ 188 , 018 , raising the " rest" to £ 1 , 231 , 798 , out of which the directors recommend a dividend of 11 per cent , for tho six months , leaving the " rest " at £ 1 , 014 , 798 . The deposits , circnlar notes , & c , amount to £ 30 , 015 , 191 . The shares of the New Zealand Manganese Mines . Company are qtiuteil at 1 premium ,

Money Market And City News.

The ordinary meeting ot the Coal Consumers' Association , is to be held on the 27 th inst ., to receive the general report , and also the report of tho committee of investigation . In t he French National Assembly a bill has been presented by the Minister of Public AVorks for the construction of tho long projected railway funnel under the Channel . Tho French Company to which the concession is granted , undertake to carry cut the work without

any State grant or guarantee of interest on capital . On and after the 1 st of next month the mails from England and Scotland to the north of Ireland -will be conveyed by the short sea route , rid Lame and Stranraer . Dnring the past tAVO or three months there have been freqnent complaints as to the service fid Holyhead and Kingstown , and a town meeting has been held in Belfast on the subject , presided over by the mayor .

IIot . Low . ir ' s OINTMKXT AXD Pm . s . —These precious treasures work wonderful cures of the worst diseases , which defy other treatment . Thousands have extolled them as they deserve , yet have not given them one word of praise more than they richly merited . An attentive study of tho directions wrapped round Holloway's medicaments will enable any invalid to overcome his

liihrmitj ' , whether it be outwardly visible or inwardly concealed . Sores , skiu diseases , inflammation , erysipelas , chest complaints , as well as moat disorders of the head , stomach , liver , kidneys , and bowels , may bo radically removed by these means , which aro no less potent in successfully contending with the ofttimes fatal ulcerations of the throat which periodically render scarlet fevct and diphtheria most terrible public scourges .

Answers To Correspondents

ANSWERS TO CORRESPONDENTS

Q . —AVe have already touched upon the subject ; see onr opening number . It is early yet to revert to it . J . H . E . —AVe shall deal with the question you have raised when tho date fixed for the Annual Festival is nearer . AVe shall then gladly heed any snggestions you may think fit to make .

ENIGMA . —AVith all due respect we submit that you aro in error , Try , at all events , to substantiate your facts , then , perhaps , yom view of the circumstances , will have greater weight . We shall be obliged if our correspondents will write their communications on one side of the paper only . CKOWDEH OUT . —Promised reply to E . M . H . ' s letter and other matter ,

Correspondence.

CORRESPONDENCE .

All Letters must bear the name and address of the Writer , not necessarily for publication , hat as a guarantee of good faith . We cannot undertake to return rejected communications . We do itof hold ourselves responsible for the opinions of our Cor ~ respondents .

THE FKEEMASONS' LIFEBOAT

To the Editor of THE FREEMASON ' S CHRONICLE . Sin , —1 am greatly obliged to Bro . E . Gottheil , tho Hon . Secretary of the Freemasons' Lifeboat Fund , for his lucid history of an event of such interest to tho Order generally , aud of which I was , I confess , in utter ignorance . I hare been two years a Mason , and have attended my Lodge meetings with great regularity , but I do not remember ever hearing that the Fraternity had been the generous

donors of a Lifeboat . My letter was written on tho impulse of the moment , shortly after the occurrence of tho series of storms which will make the closing months of 1871 memorable in Naval Annals . I do not however regret that the question has been raised in your columns . I have recently looked into tho statistics published by the Lifeboat Association , and I find that cash to pay the working

expenses of tho boats already in the possession of the Association is urgently needed . I shall bo glad to subscribe a guinea for tho formation of an Endowment Fnud , having for its object the payment of the annual expenses incurred in working the Boat presented by the Order . I trust others of my brethren will contribute . It seems to mo that Ave .

who " live at home at ease , " incur a fearful responsibility if we do not do all in onr power to succour the seaman in his hour of dire distress . It is no doubt possible for the Legislature to do mnch for the class who got their bread on the ocean ; but when all that Parliament can do has been accomplished , there will be ample room for private enterprise and benevolence to come to the rescue of Poor Jack . I am , Sir , Yours Fraternally , Liverpool , 18 th January . A MASTER MASON .

To the Editor of THE FREEMASON ' CHRONICLE . SIR AND BUOTHKR , —I am in entire ignorance of your sen-nmonts on a subject somewhat important to myself , and one on which I have boon rather severely lectured by your contemporary , The Freemason . ; —Whether I am absolutely disqualified , or to what extent I ought to feel myself debarred , virtute officii , from taking part in discussions in Grand Lodge , or elsewhere , on questions intimately associated with

the interests of our great institutions . I appeal for space in your columns , therefore , to place before the Craft the facts and figures I was desirous of submitting , from my seat in Grand Lodge , at tho last Quarterly Communication . I could not ask this favour from your contemporary , because I yet fail to recognise tho distinction drawn by him in the concession of my perfect right to express my opinions in print , and tho abnegation of my right to do so orall y in Grand Lodge . If the objection to Bro . A . B ., not as Bro . A . B ., but qu & Bro . " Secretary " A . B ., be valid , it must be Talid alike everywhere , and

  • Prev page
  • 1
  • 5
  • You're on page6
  • 7
  • 16
  • Next page
  • Accredited Museum Designated Outstanding Collection
  • LIBRARY AND MUSEUM CHARITABLE TRUST OF THE UNITED GRAND LODGE OF ENGLAND REGISTERED CHARITY NUMBER 1058497 / ALL RIGHTS RESERVED © 2025

  • Accessibility statement

  • Designed, developed, and maintained by King's Digital Lab

We use cookies to track usage and preferences.

Privacy & cookie policy