Durham Mining Museum - Stock Exchange Information (original) (raw)

Extracted from: The Stock Exchange Year-Book for 1878, by Thomas Skinner

In the case of companies worked upon the cost-book principle the laws of ordinary partnership prevail as regards the liability of shareholders ; it is quite unlimited.

Van Mining Company, Limited. — Directors: J. Alington, R. Oldrey, W. Page, and F. L. Slous. Secretary: W. J. Lavington. Office: 14a, Austin Friars, London, E.C. — The company, which was established in 1869 to acquire and work certain Welsh mining properties, has a capital of £63,750 in paid-up shares of £4 5s. The accounts are made up annually to December 31, and submitted in March. For 1874 the dividends amounted to £2 2s. 6d. per share; for 1875, £2 14s.; for 1876, £3 6s.; and on account of 1877 there have been paid, 16s. in April, 16s. in July, and 12s. in October. The company is quoted in the official list. Transfer form, common ; fee, nil.

Vancouver Coal Mining and Land Company, Limited. — Directors: Hon. C. W. W. Fitzwilliam, M.P., J. Fry, J. Galsworthy, J. V. H. Irwin, W. Needham, J. Wild, and E. J. Woodhouse. Secretary: S. M. Robins. Offices: 110, Cannon Street, London, E.C. — The subscribed capital is £135,000 in shares of £10, of which £82,600 is paid up, 400 shares being fully paid, and the remainder having £6 paid. There are also £14,500 6 per cent. debentures. The accounts are made up to June 30 and December 31, and submitted in November and May. For 1876 the dividends were 2½ per cent. each half-year. Reserve fund, £3,834. The shares are quoted in the official list. Transfers are to be made out on common forms; fee, 2s. 6d. per deed.

Victoria (London) Mining Company, Limited. — Directors: H. Moor (Chairman), A. T. Thomson (Deputy-Chairman), R. H. Bland, A. Cobbett, and J. R Macdonnell. Secretary: J. W. Purchase. Offices: 57, Moorgate Street, London, E.C. — The capital is £50,000 in shares of £1, of which £45,000 is paid up, one-half the shares being fully paid, and the remainder having 16s. called up. The accounts are made up annually to October 31 in Victoria, and December 31 in England, and submitted in February. For 1874 the dividend was 7½d. on the fully-paid shares, and 6d. on those partly paid ; for 1875 it was 10d. and 8d. respectively; and for 1876, 1s. 5½d. and 1s. 2d. Transfers are to be made out on common forms ; fee, 1s. per deed.