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"In the year 1896 he had £8,000 or thereabouts in London and North-Western Debentures, £6,000 in Consols, £7,000 in Government bonds of South Australia?" "I have no doubt those figures are correct." "A fortnight ago you bought £8,000 of London and North-Western Debentures, £6,000 in Consols, £7,000 in Government bonds of South Australia?" Mr.
Exchange Alley, so denominated from its being situated on the south side of this street, over against the Royal Exchange, has long been famous for the great concourse of merchants and commanders of ships, and the bargains and contracts made there and in the two celebrated coffee-houses in it, which go under the respective names of "Jonathan's" and "Garraway's," where land, stocks, debentures, and merchandise, and everything that has an existence in Nature, is bought, sold, and transferred from one to another; and many things contracted for, that subsists only in the imagination of the parties.
In 1873, which was everywhere a year of black depression, it was found that these debentures, which were pledged by the contractors to a local bank for advances, could not be sold except at a heavy loss. The directors of the bank were influential in the Government of the province. It was not surprising, therefore, that the government soon opened negotiations with Ottawa.
From that time until the 30th of September last the duties secured have exceeded those of the corresponding quarters of the last year $1.172 millions, whilst the amount of debentures issued during the three first quarters of this year is $952,000 less than that of the same quarters of the last year.
I could not help giving, a few days ago, a hint concerning my Canadian experience on this point. When I was appointed to Canada, the first Canadian official to whom I was introduced was the Finance Minister, who was walking about the streets of London with £60,000 of Canadian 6 per cent. debentures in his pocket, which nobody would take.
He had received in payment cash, debentures and preference shares, and his lawyers and his own acumen had acclaimed the bargain. But all the week-end he had been a little sad. It was the end of so old a song, and he knew no other tune to sing. He was comfortably off, healthy, free from any particular cares in life, but free too from any particular duties.
It certified that Hans was the proprietor of I know not how many debentures or shares, I forget which they were, in the Bona Fide Gold Mine, Limited, that same company of which I was the unlucky chairman, in consideration for which he had paid a sum of over six hundred and fifty pounds. "Hans," I said feebly, "from whom did you buy this?" "From the baas with the hooked nose, Baas.
She was, of course, quite wrong, according to general principles; but, unfortunately, women, as all men sooner or later learn, have a disconcerting habit of being right in the wrong way for the wrong reasons. In a single moment, without justification, she had in her heart declared war on all debentures.
He had so carefully governed his life as to have been already able, out of a scanty salary, to invest more than a hundred pounds in Railway Debentures.
There may be a few First Debentures of Erie or what not still there." "I felt some strange, disklike protuberances in my dress suit the other day, but belike they are but poker chips," said Stacy thoughtfully. An uneasy feeling crept over Barker. The color which had left his fresh cheek returned to it quickly, and he turned his eyes away.
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