July 25. 1868.

Aus:
The Money Market Review, 25. Juli 1868. S. 84/85.
Schließen
Icon dass Zitate symbolisiert

Banking Progress during half year ending 30. June. Reports of the London Joint Stock Banks.

Deposits:
June 30. 1868. Dec. 31. 1867.
London and Westminster £19,915,950 22,010,572 Decr. £2,094,622 Total net decrease of deposits
£3,747,194
= 9% on amount held last Dec.
Union 10,069,837 12,071,097 Decr. 2,001,260
City 2,514,782 2,229,791 Incr. 284,991
Alliance 1,296,286 1,322,218 Decr. 25,932
Imperial 1,159,412 1,177,967 Decr. 18,555
Consolidated 2,260,770 2,184,783 Incr. 75,987
Metropolitan 297,237 265,040 Incr. 32,197
Acceptances.
June 30. ’68 Dec. 31. ’67
London und Westminster £970,096 902,700 Incr. £67,396 Zunahm[e] Total in acceptances of
£2,252,674
Union 7,308,655 5,298,744 Incr. £2,009,911
City 2,161,690 1,418,388 Incr. 743,302
Alliance 217,593 98,541 Incr. 119,052
Imperial 93,004 134,726 Decr. 41,722
Consolidated 200,531 102,414 Incr. 98,117
Metropolitan 4,596 4,676 Decr. 80

London Joint Stock had still its old form of account of lumping acceptances mit deposits. Total of these items £13,836,628, being £1,859,296 more than last half year.

Amount of net Profits.
June 30 ’68. Dec. 31. ’67
London and Westminster £152,396 £147,646 Incr. £4,750
London Joint Stock 74,908 66,994 7,914
Union 99,570 89,711 9,895 9,859
City 17,673 19,877 [Decr.] 2,204
Alliance 16,417 5,734 10,683
Imperial 10,824 10,670 154
Consolidated 31,313 27,263
Metropolitan 5,932

London and Westminster divides 24% p.a. against 32 und 28% p.a. respectively in the 2 preceding half years.

London Joint Stock 121/2% (on larger capital) against 121/2 und 162/3
Union Bank 15 15 25
City Bank 7 7 10.

Imperial, Consolidated und Metropolitan continue to pay 5% p.a. as in January last, Alliance Bank 3% p.a. for last half year, no dividend January last.

Aus:
The Money Market Review, 25. Juli 1868. S. 85.
Schließen
Icon dass Zitate symbolisiert

Intrinsic Value of Railway Property. (Concluded.) (Sieh p. 38)

Capital apparently raised or expended at close of 1867 by said 18 Railways in round numbers: £361,387,016. (Dieß weniger als wirklich)
Gross Revenue of Year 1867 £34,749,460
9.63% upon the capital spent at the end of the year. (Gross Revenue upon the capital spent at the end of the year.)
Working Cost (1867) 17,138,120
Apparent net profit £17,611,331
This yield nominally an average of 4.88%. Aber nun deduct charges made during year to capital
Deduct charges to capital 12,198,967
Net Profit with closed capital accounts £5,412,364
These net profits upon capital of £361,387,016 would yield in year exactly 11/2%.|

40

A bad Business. – Smith, Knight, and Co. (Lim.)

Aus:
The Money Market Review, 25. Juli 1868. S. 85.
Schließen
Icon dass Zitate symbolisiert
John Smith, of that firm, contractors applied to Bankruptcy Court on 9. July for discharge. Nach den accounts (before dem Court) liabilities £493,384, assets only about £4,407, besides a „doubtful“ claim of £118,000 on the Penarth Harbour Dock and Railway Co. On 1st April 1864, the business of Smith and Knight transferred to limited Co. im in consideration of £234,000. Their liabilities at that time £218,076 mit assets stated to be £119,000, in addition to the doubtful claim above mentioned. When the Co. was formed each of the partners took 10,000 shares of £50 each. Diese Kerls sold their really insolvent concern at goodwill of £234,000. Found directors to father such a project.

Aus:
The Money Market Review, 25. Juli 1868. S. 88.
Schließen
Icon dass Zitate symbolisiert
Dieser Smith commenced business in 1855 mit £4,400. He senior partner. Of Knight nothing is said, has besides, absconded, war probably penniless. Each of these partners (1864 when the lim. Society started) engaged to take 10,000 shares, i.o. to pay £1,000,000 (when they were insolvent[)]. Vor dem Bankruptcy Court Smith (nachdem Knight absconded) discharged, since the directors of Smith, Knight et Co – the representatives of the shareholders – intimate that they are perfectly satisfied mit Smith’s accounts, and have no objection of his passing and being discharged of all legal obligation.



Inhalt:

  • Inhaltsverzeichnis von Friedrich Engels
  • 1869 I Heft
  • Money Market. 1868.
  • Money Market Review. Jahrgang 1868.
  • The Economist. Jahrgang 1868. Nachträge
    • The Economist. Jahrgang 1868.
    • Inhaltsregister für 1868 Jahrgang. („Money Market Review“ und „Economist“.)
    • Kommentar zu George Joachim Goschen
      • George J. Goschen: The Theory of the Foreign Exchange. 7th edit. London 1866.
      • Friedrich Ernst Feller, Carl Gustav Odermann: Das Ganze der kaufmännischen Arithmetik
      • Inhalt.