The Stock Exchange Handbook and Glance Prices and Dividends (Paperback)

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1901 edition. Excerpt: ...MONTREAL. Transfer form common. Fee 2/6 per deed. If more sellers than one, 2/6 each. Note.--Entitled to a dividend of 4% per annum in perpetuity charged on the available net profits of each separate year, subject to priority of the First and Second Preference Stocks. 3,518 miles open in 1900, same in 1899. (To 30th Nov.) Secretary, WALTER LINDLEY. Ojfices, 9 NEW BROAD STREET, Lormon, E.C., AND AT MONTREAL. Transfer form common. Fee 2/6 per deed. If mere sellers than one, 2/6 each. 3,518 miles open in 1900, same in 1899. Great Indian Peninsula Railway Capital Stock. Now converted into Annuities (see below). Year Lowest Highest 1st half 2nd half 1890 Sep. 161% 178 Dec. I50/8 IOO/ Note.--Incorporated in 1849. The Act for the transfer of this railway provides for purchase of the line by means of an annuity for 48 years and 48 days from 1st July, 1900. The amount, in respect of which the annuity is to be paid, has been fixed at 34,859,218, being at the rate of, say, 174 5s. nd. per 100 of original capital. The rate at which annuity is calculated is 22 17s. per cent., being the average rate of interest received in London on public obligations of Government of India for two years ended 31st December, 1899. Provision is made for creation of a sinking fund by means of deductions from annuities. Line is at present being worked by State, but negotiations are in progress for its retransfer, for working purposes, to the Company, which will also take over the working of the Indian Midland line. A new capital of 2,575,000 has been created, bearin 3% guarantee for 25 years; will then be repayable at par. 51,750,000 of this Stock was offered to holders of old Capital Stock in part satisfaction of annuity. In addition to t e...