Skip to content

Chapter XXI: Appendix: THE (2)

Text size

Again, are there fewer sharpers and setters in Exchange Alley than at the Groom Porters? Is there less cheating in stock-jobbing than at play? Or, rather, is there not fifty times more? An unentered youth coming to deal in Exchange Alley is immediately surrounded with bites, setters, pointers, and the worst set of cheats, just as a young country gentleman is with bawds, pimps, and spongers, when he first comes to town. It is ten thousand to one, when a forward young tradesman steps out of his shop into Exchange Alley, I say ’t is ten thousand to one but he is undone: if you see him once but enter the fatal door, never discount his bills afterwards, never trust him with goods at six months’ pay any more.

If it be thus dangerous to the mean, what is it to the great? I see only this difference, that in the first the danger is private, in the latter public.

It has not been many years since elections for members of —— came to market in Exchange Alley, as current as lottery-tickets now, and at a price, like these, much above what any Parliament allowed them to go at. While this was carried on, a great many honest men exclaimed against it, and exposed it; nay, several Acts of Parliament were proposed for regulating elections, and preventing bribery and corruption; but all this would not do, and this, indeed, was one of the happy consequences of that otherwise necessary act for triennial Parliaments; and I firmly believe, that it is owing very much to the late suspending that act for a time, that these things are not come to market again.

It may easily be remembered, that the first occasion of the Exchange Alley men engaging in the case of elections of members was in King William’s time, on the famous disputes which happened between the Old East India Company and the New; which, having held a great while, and having embarrassed, not the city only, but the whole nation, and even made itself dangerous to the public business, it was expected it should be fully decided by the House of Commons. To this end, the members of both companies, with all the trick, artifice, cunning, and corruption, that money and interest could arm them with, bestirred themselves to be chosen members.

Brokers rid night and day from one end of the kingdom to the other, to engage gentlemen to bribe corporations, to buy off competitors, and to manage the elections. You will see the state of things at that time, and the danger this stock-jobbing wickedness had brought the public to, if you please to read the following exclamation of the honest freeholders at that time, which was presented to the public by way of complaint. The thing was laid before the king first, and before the Parliament afterwards; and it was his Majesty’s sense of the consequence, that made him resolve to bring the two East India Companies to unite their stocks; for, in a word, the stock-jobbers embroiled the whole nation.

There was a book published some years ago, and when the stock-jobbing people were thought as willing, yet not quite so daring or so cunning, as they are now; it was entitled, “The Villany of the Stock-jobbers.” Indeed, it set them out in their true colors, and for some time gave them a little shock; for the truth was, they jobbed King William and the government at that time at such a rate, that, in spite of the invincible valor and resolution of the soldiery, in spite of the most glorious prince and most vigilant general the world had ever seen, yet the enemy gained upon us every year; the funds were run down, the credit jobbed away in Exchange Alley, the king and his troops devoured by mechanics, and sold to usury; tallies lay bundled up like Bath faggots in the hands of brokers and stock-jobbers; the Parliament gave taxes, laid funds, but the loans were at the mercy of those men; and they showed their mercy, indeed, by devouring the king and the army, the Parliament, and, indeed, the whole nation, bringing that great prince sometimes to that exigence, through unexpressible extortions that were put upon him, that he has even gone into the field without his equipage, nay, even without his army; the regiments have been unclothed when the king has been in the field, and the willing, brave English spirit, eager to honor their country, and follow such a king, have marched even to battle without either stockings or shoes, while his servants have been every day working in Exchange Alley, to get his own money of the Stock-jobbers, even after all the horrible demands of discount have been allowed; and, at last, scarce fifty per cent. of the money granted by Parliament has come into the Exchequer, and that late, too late for that service, and by driblets, till the king has been tired of the delay, and been even ready to give up the cause.

We have just now had a test of their cunning on the subject of the invasion. These were the men that made the first advantage of the news; immediately those that were to put stock upon any man at a high price tendered it, the accepters, forced by the demand, call in their money on their hand, pay the difference, the price falls, a general run upon the Bank follows, and stock-jobbing began it.

Say this was no design, yet if every alarm of the foolish, or the timorous, or the false, is capable to set the humor afloat by the agency of Exchange Alley, is as dangerous to the public safety as a magazine of gunpowder is to a populous city.

But if it be by design, then, whenever the Pretender is to be pawned upon us by any foreign power that can but talk of lending five or six thousand men, our public credit is at his mercy, by the agency of Exchange Alley and the brokers.

The story of the invasion from Spain, we hope, is now over. Indeed, at the worst, I saw no such reason to be surprised to that degree as was the case here. Let us look back, and see what injury to the public has the very rumor been! what damage to credit! what stop to trade! what interruption to our general commerce! besides sinking above a million sterling upon our estates; and every farthing of this is occasioned by the stock-jobbers, and in the consequence of their contrivance, and by no other means; for as to the design of an invasion, or that they resolved to come hither at all, though we have evident proofs of that, because some of them have been actually landed, yet we cannot yet resolve the question positively, whether it was ever worth our being so much alarmed, as we have been in Exchange Alley.

While these sheets were at the press, we had another little test of their knavery to the public; and it is not at all owing to them that the thing ran no farther. The contrary winds and storms, &c., had disappointed the king’s enemies, and the Spanish fleet was driven back to Spain in a shattered and defeated condition, as appears by the public account of those things: but in the interval of this news came an account, on the other hand, that some of the party were arrived in Scotland, that they had beat it up, notwithstanding all the opposition of nature, the hindrances of winds and seas. Immediately stocks fell two per cent., nor did the good news of the defeated return of the rest animate these men to keep up the interest, by which it appears that they are acted more by the bad principle than by the good; that they choose rather to do evil than to do good; that they sink faster than they rise, and are willinger to do harm than good to the government.

From whence I infer, that the government, looking upon them as they really are, rather enemies than friends to the general interest, should rather incline to root them out than preserve them. AMEN.

ENGLISH FUNDS.

HIGHEST AND LOWEST PRICE OF THREE PER CENTS IN EACH YEAR, FROM 1731 TO 1848.

Highest. Lowest.
1731 99 94
1732 101 96
1733 103 92
1734 94 90
1735 98 92
1736 113 100
1737 107 105
1738 106 102
1739 105 97
1740 101 98
1741 101 98
1742 102 98
1743 103 100
1744 99 90
1745 92 85
1746 89 75
1747 86 81
1748 91 76
1749 102 91
1750 101 98
1751 103 97
1752 106 101
1753 106 104
1754 104 102
1755 101 90
1756 90 88
1757 91 86
1758 98 89
1759 88 79
1760 83 76
1761 88 66
1762 87 63
1763 96 82
1764 86 80
1765 91 85
1766 90 87
1767 91 87
1768 93 88
1769 89 84
1770 87 78
1771 88 81
1772 95 87
1773 87 86
1774 89 86
1775 90 87
1776 90 81
1777 80 76
1778 72 61
1779 64 59
1780 63 60
1781 59 56
1782 61 53
1783 68 58
1784 57 54
1785 71 55
1787 78 69
1789 81¼ 71⅝
1790 80⅞ 70½
1791 89¾ 75¾
1792 97¼ 72½
1793 81 70½
1794 72⅜ 62¾
1795 70½ 61
1796 70⅝ 53¼
1797 56½ 47½
1798 58 47¼
1799 69 52⅝
1800 67¼ 60
1801 70 54¼
1802 79 66
1803 73 50¼
1804 58⅞ 53¾
1805 62 57
1806 64⅝ 58½
1807 64⅜ 57⅝
1808 69⅛ 62⅝
1809 70⅜ 63⅜
1810 71 63¼
1811 66¾ 61¾
1812 63 55⅛
1813 67½ 54½
1814 72½ 61½
1815 65¾ 53⅞
1816 64⅝ 59½
1817 84¼ 62
1818 82 73
1819 79 64⅞
1820 70¼ 65⅝
1821 78¾ 68¾
1822 83 75⅜
1823 85¾ 72
1824 96⅞ 84¾
1825 94¼ 75
1826 84½ 73⅞
1827 89½ 76¾
1828 88⅜ 80⅞
1829 94¼ 85⅝
1830 94¼ 77½
1831 84¾ 74⅞
1832 85¾ 81⅝
1833 91¼ 84¼
1834 93 87½
1835 92⅞ 89¼
1836 92¼ 86⅝
1837 93⅞ 87⅞
1838 95¼ 90⅝
1839 93⅞ 89¼
1840 93⅛ 85¾
1841 90½ 87¼
1842 95⅛ 88
1843 97⅛ 92⅛
1844 101¼ 96½
1845 100⅝ 91⅞
1846 97¾ 93¼
1847 94 78¾
1848 89½ 80

LOANS RAISED SINCE 1793, WITH THE RATES OF INTEREST.

Year. Amount. Per cent.
1793 £4,500,000 £4 3_s._ 4_d._
1794 11,000,000 4 10 9
1795 22,600,000 4 15 8
1796 18,000,000 4 14 9
” 7,500,000 4 12 2
1797 18,000,000 5 12 6
” 16,120,000 6 6 10
1798 17,000,000 6 4 9
1799 3,000,000 5 12 5
” 15,500,000 5 5 0
1800 20,500,000 4 12 2
1801 28,000,000 5 5 6
1802 25,000,000 3 19 2
1803 12,000,000 5 2 0
1804 14,500,000 5 9 2
1805 22,500,000 5 3 2
” 1,500,000 5 16 4
1806 20,000,000 4 19 7
1807 14,200,000 4 14 7
” 1,500,000 4 16 4
1808 10,500,000 4 14 6
1809 14,600,000 4 11 7
1810 13,400,000 4 4 2
1811 12,000,000 4 13 6
1812 22,500,000 5 5 7
1813 27,000,000 5 8 4½
” 22,000,000 5 6 2
1814 24,000,000 4 14 1
1815 36,000,000 5 12 4
1835 15,000,000 ” ” ”
1847 8,000,000 3 7 6

A LIST OF ACTS RELATIVE TO BROKERS.

13 Edward I. Statute 5 Anno 1284.
1 James I. ” 21 1604.
8 and 9 William III. ” 32 1697, expired 1707.
6 Anne ” 16 1707.
10 ” ” 19 1711.
6 George I. ” 18 1720.
3 George II. ” 31 1730, for Bristol.
7 George II. ” 8 1739.

DIRECTORS OF THE BANK OF ENGLAND

FROM 1694 TO 1847.

Sir John Houblon 1694
Michael Godfrey ”
Sir Thomas Abney ”
Sir James Bateman ”
Brooke Bridges ”
George Boddington ”
James Denew ”
Sir Henry Furnese ”
Sir William Gore ”
Thomas Goddard ”
Sir Gilbert Heathcote ”
Sir William Hedges ”
Sir James Houblon ”
Sir John Huband ”
Abraham Houblon ”
Sir Theodore Janssen ”
John Knight ”
Samuel Lethieullier ”
John Lordell ”
William Patterson ”
Robert Raworth ”
Sir William Scawen ”
Obadiah Sedgwick ”
John Smith ”
Nathaniel Tench ”
Sir John Ward ”
Henry Cornish 1695
Edward Clarke ”
Sir John Cope, Sen. ”
Peter Godfrey ”
Anthony Stevens 1695
Sir William Ashhurst 1697
Robert Bristow ”
Samuel Bultell ”
John Page ”
Sir Francis Eyles ”
John Shipman ”
Sir Nathaniel Gould ”
Samuel Lock ”
Sir Peter Delme 1698
William Dawsonne ”
Francis Stratford ”
Peter Gott ”
Sir Richard Levett ”
John Devinck 1699
John Rudge ”
Richard Perry ”
John Reynardson 1700
William Desbouverie ”
Josiah Diston 1701
John Gould ”
John Hanger ”
Humphrey South ”
Sir Robert Clayton 1702
Sir Gerard Conyers ”
Abraham Hill ”
Samuel Heathcote ”
Charles Chambrelan 1703
Sir William Hodges ”
Sir Charles Peers 1705
Sir Thomas Scawen 1705
Sir John Cope, Jun. 1706
James Dolliffe 1708
John Emilie ”
William Gore 1709
Sir Justus Beck 1710
William Henry Comellissen ”
John Dolben ”
Jeremiah Powell ”
Sir Denis Dutry 1711
Heneage Fetherstone ”
Sir Philip Jackson ”
John Ward, Jun. ”
Sir George Thorold ”
Mr. Robert Atwood 1712
Richard Cary ”
Sir Joseph Hodges ”
Sir Randolph Knipe ”
Christopher Lethieullier ”
Matthew Raper ”
John Edmonds 1713
Sir Richard Houblon ”
Richard Chiswell 1714
Sir William Jolliff ”
Henry Lyell ”
William Thompson ”
Sir John Eyles 1715
Mr. Barrington Eaton 1716
John Francis Fauquier ”
Humphrey Morice ”
Moses Raper ”
Sir Joseph Eyles 1717
Sir William Humphreys 1719
Richard Du Cane 1720
Samuel Holden ”
Bryan Benson 1721
Thomas Cooke ”
Delillers Carbonnel 1722
Nathaniel Gould ”
Henry Herring ”
Hon. Horatio Townshend ”
Sir Edward Bellamy 1723
Matthew Howard ”
John Olmuns ”
Sir Francis Forbes 1724
William Fawkener ”
Sir John Heathcote 1725
John Nicoll 1726
Sir Francis Porten ”
Stamp Brooksbank 1728
James Gaultier ”
William Hunt ”
William Snelling ”
Clement Boehm 1729
Joseph Paice, Jun. 1730
Matthew Raper ”
James Spilman ”
Robert Alsop 1731
John Bance ”
Henry Neale 1732
Robert Thornton ”
Charles Savage 1733
Benjamin Lethieullier 1734
Benjamin Longuet ”
Sir John Thompson ”
Christopher Tower ”
John Eaton Dodsworth ”
Frederick Frankland 1736
Samuel Trench ”
Alexander Sheafe 1737
Richard Chiswell, Jun. 1738
Sir John Lequesne ”
Benjamin Mee ”
Mark Weyland ”
Claude Fonnereau 1739
Charles Palmer ”
John South ”
Matthew Beachcroft 1741
Robert Nettleton ”
Thomas Whateley ”
Merrik Burrell 1742
James Lever ”
Theophilus Salwey 1742
Robert Marsh 1743
James Theobald ”
Robert Salusbury 1744
Peter Thomas ”
Bartholomew Burton 1746
Godfrey Thornton 1748
John Weyland ”
Thomas Winterbottom 1749
Charles Boehm 1750
Matthew Clairmont ”
Samuel Handley ”
Richard Stratton ”
Harry Thompson ”
Sir Samuel Fludyer 1753
John Sargent ”
William Cooper 1754
Philip De la Haize ”
Sir Thomas Chitty 1755
Peter Du’Cane ”
Edward Payne 1756
Thomas Plurner ”
Peter Theobald ”
Robert Dingley 1757
James Sperling ”
Henry Plant 1759
Samuel Beachcroft 1760
Gustavus Brander 1761
Daniel Booth ”
John Cornwall ”
Peter Gaussen ”
James Haughton Langston ”
Edmund Wilcox ”
William Bowden 1763
William Ewer ”
Richard Neave ”
John Fisher 1764
Christopher Hake, Jun. ”
Thomas Thomas 1765
Edward Darell 1767
William Halhed ”
Lyde Browne 1768
George Drake ”
George Hayter ”
Benjamin Hopkins ”
George Peters ”
Mark Weyland ”
Roger Boehm 1769
Matthew Howard ”
Benjamin Branfill 1770
William Snell ”
Samuel Bosanquet 1771
Martyn Fonnereau ”
Godfrey Thornton 1772
Daniel Giles, Jun. 1774
Christopher Puller ”
Thomas Dea 1775
Richard Clay 1776
Thomas Raikes ”
Benjamin Mee, Jun. 1777
John Sargent, Jun. 1788
William Cooke 1780
Samuel Thornton ”
Thomas Scott Jackson ”
Job Matthew 1781
Joseph Nutt ”
Thomas Boddington 1782
Benjamin Winthrop ”
Beeston Long, Jun. 1784
James Maude ”
Isaac Osborne ”
Sir Brook Watson ”
John Harrison 1785
Bicknell Coney 1786
John Whitmore, Jun. ”
Peter Isaac Thellusson 1787
Moses Yeldham 1788
William Manning, Jun. 1790
John Pearce ”
John Puget ”
Thomas Lewin 1791
Peter Cazalet 1792
William Mellish 1792
Edward Simeon ”
Alexander Champion, Jun. 1794
George Dorrien ”
Jeremiah Harman ”
Nathaniel Bogle French 1796
Charles Pole ”
Thomas Amyand 1798
Thomas Langley ”
Ebenezer Maitland ”
Peter Free 1800
Jeremiah Olive ”
Henry Smith 1802
Stephen Thornton ”
John Bowden 1803
Cornelius Buller ”
Alexander Baring 1805
John Josiah Holford ”
John Baker Richards ”
Samuel Drew 1806
Henry Davidson 1807
John Stainforth ”
Sir Robert Wigram ”
John Campbell 1808
William Haldimand 1809
George Blackman 1810
William Tierney Robarts ”
John Horsley Palmer 1811
Andrew Henry Thompson ”
Sir Thomas Neave 1812
Richard Mee Raikes ”
James Pattison, Jun. 1813
William Ward 1817
Samuel Hibbert 1819
Timothy Abraham Curtis 1820
John Rae Reid ”
Sir John Henry Pelly 1821
David Barclay ”
John Cockerell ”
Henry Porcher ”
William Cotton 1822
John Benjamin Heath 1823
William R. Robinson 1825
James Morris 1827
William Thompson ”
Humphrey St. John Mildmay 1828
John Oliver Hanson 1829
Charles Pascoe Grenfell 1830
Abel Lewes Gower ”
Sheffield Neave ”
Rowland Mitchell 1833
Christopher Pearse 1834
Henry Davidson 1835
Bonamy Dobree ”
Thomson Hankey, Jun. ”
Henry James Prescott ”
Robert Barclay 1837
John Malcolmson ”
John Gellibrand Hubbard 1838
Charles Frederick Huth ”
Alfred Latham ”
Thomas Charles Smith ”
Thomas Matthias Weguelin ”
Edward Henry Chapman 1840
Kirkman Daniel Hodgson ”
William Little 1842
David Powell ”
Francis Wilson ”
Arthur Edward Campbell 1843
Thomas Tooke, Jun. ”
Henry Lancelot Holland 1844
Thomas Newman Hunt ”

ANNUAL DIVIDENDS OF THE BANK OF ENGLAND,

From 1694 to 1849 inclusive.

Per cent.
1694-1697 8
1698 7
1699 9½
1700 10¾
1701 9
1702 12
1703 16½
1704 15¾
1705 15½
1706 18¼
1707 7¾
1708 12½
1709 8½
1710 7½
1711 7
1712 8
1713 8
1714 8
1715 7¾
1716 8
1717 8
1718 8
1719 7½
1720 7½
1721 6
1722 6
1723 6
1724 6
1725 6
1726 6
1727 6
1728 5½
1729 5½
1730 5¾
1731 5¾

Dividends, with the highest and lowest prices of Bank of England Stock.

Year. Dividend. Highest. Lowest.
1732 5¾ 152 109
1733 5½ 151 130
1734 5½ 140 132
1735 5½ 146 138
1736 5½ 151 148
1737 5½ 151 142
1738 5½ 145 140
1739 5½ 144 115
1740 5½ 144 138
1741 5½ 143 135
1742 5½ 143 136
1743 5½ 148 145
1744 5½ 148 116
1745 5½ 147 133
1746 5½ 136 125
1747 5 129 119
1748 5 129 117
1749 5 140 128
1750 5 136 131
1751 5 142 135
1752 5 149 141
1753 4½ 144 135
1754 4½ 135 130
1755 4½ 162 119
1756 4½ 121 114
1757 4½ 120 115
1758 4½ 123 116
1759 4½ 123 109
1760 4½ 114 101
1761 4½ 116 98
1762 4½ 119 91
1763 4½ 131 111
1764 4¾ 127 112
1765 5 136 126
1766 5 139 135
1767 5¼ 159 142
1768 5½ 170 158
1769 5½ 175 149
1770 5½ 153 105
1771 5½ 155 134
1772 5½ 153 144
1773 5½ 143 139
1774 5½ 146 139
1775 5½ 146 141
1776 5½ 143 134
1777 5½ 138 128
1778 5½ 120 107
1779 5½ 118 106
1780 5½ 116 109
1781 5¾ 119 105
1782 6 124 109
1783 6 134 112
1784 6 118 110
1785 6 142 111
1786 6 158 138
1787 6 160 145
1788 7 178 158
1789 7 191 169
1790 7 188 164
1791 7 204 178
1792 7 219 171
1793 7 180 161
1794 7 169 153
1795 7 180 152
1796 7 180 142
1797 7 146 115
1798 7 138 118
1799 7 176 134
1800 6¾ 175 154
1801 7 190 148
1802 7 207 178
1803 7 193 136
1804 7 169 146
1805 7 197 167
1806 7 223 191
1807 10 235 208
1808 10 240 224
1809 10 288 235
1810 10 276 273
1811 10 251 229
1812 10 232 212
1813 10 242 211
1814 10 266 234
1815 10 262 219
1816 10 262 215
1817 10 294 220
1818 10 292 207
1819 10 267 210
1820 10 226 215
1821 10 240 221
1822 10 252 235
1823 8 246 204
1824 8 245 227
1825 8 299 196
1826 8 223 193
1827 8 217 200
1828 8 215 203
1829 8 218 208
1830 8 203 194
1831 8 204 189
1832 8 208 185
1833 8 213 190
1834 8 225 211
1835 8 225 208
1836 8 219 199
1837 8 212 203
1838 8 208 201
1839 7 206 177
1840 7 179 156
1841 7 173 157
1842 7 173 165
1843 7 185 172
1844 7 211 185
1845 7 215 199
1846 7 211 199
1847 7 206½ 180
1848 7 202 183
1849 7 200 188½

* * * * *

BANK HOLIDAYS.—At the Bank of England the only holidays in
the dividend offices are Good Friday and Christmas. In the
transfer offices, besides the above, May 1st and November 1st.
East India House and Exchequer,—Good Friday and Christmas.
Custom-House,—Christmas, Good Friday, Prince of Wales’s birthday
and the Queen’s birthday, November 9th and May 24th.

IN IRELAND.—Banks, Custom-House, &c., Good Friday, Christmas, and
Queen’s birthday.

IN SCOTLAND.—New year’s day, King Charles I. martyrdom, Queen’s
marriage, Queen’s birthday, Good Friday, Charles II. restoration,
Queen’s accession, Queen’s coronation, Gunpowder Plot, and
Christmas day.

FLUCTUATIONS OF THE ENGLISH FUNDS IN 1846-47.

_Table showing the Highest and Lowest Prices of the principal Funds of the London Market, from November, 1846, to October, 1847._

[1] _Months._ [2] _Bank Stock._ [3] _3 per ct. reduced._ [4] _3 per ct. Consols._ [5] _3 per ct. Annuities, 1726._ [6] _New 3¼ per ct._ [7] _New 5 per ct._ [8] _Long Annuities, expire 1860._ [9] _Long Annuities, 30 Years exp. 1859._ [10] _Long Annuities, 30 Years. exp. 1860._ [11] _India Stock._ [12] _South Sea Stock._ [13] _Exchequer Bills, £1,000._

[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13]
1846:
November, {206½ 93⅞ 95 94 95⅞ 118 9⅞ 9¾ 10⅛ 258 103⅞ 14_s._
at 1½_d._
{204 93⅛ 94 94 95⅛ 118 9 9 10 255 103⅞ 6_s._ pm.
December, {207¼ 94⅞ 95½ 94⅞ 96½ 121 9⅞ 9¾ 10⅛ 254¾ 105¼ 14_s._ ”
{205 93⅞ 95 94¼ 95⅝ 121 9 9 10 254¾ 104¼ 8_s._ ”

1847:
January, {206½ 94 93¾ 91¾ 95¾ 114 9⅞ 9¾ 9¾ 254¾ 103¾ 15_s._ ”
{203½ 90¾ 91⅛ 91 93 114 9 9 9 249 100 5_s._ ”
February, {205 91⅝ 91½ 89⅜ 93½ 9⅝ 9½ 9½ 251 101¼ 10_s._ ”
{202½ 90⅝ 90⅜ 89¾ 92⅜ 9 9⅜ 9 249 100¼ par.
March, {205½ 91½ 90⅞ 88¾ 93⅜ 9⅝ 9⅜ 9⅝ 251 99¼ 7_s._ pm.
{203½ 90⅝ 88⅛ 88¾ 90⅞ 9 9⅜ 9⅛ 250 99¼ 1_s._ ”
April, {200½ 87⅜ 88¼ 88⅝ 118 9⅛ 8⅞ 9¾ 246½ 97⅜ 10_s._
at 2_d._
{190 84⅜ 85⅛ 86 118 8⅞ 8¾ 9¼ 244 95½ 1_s._ pm.
May, {196 87½ 88⅝ 85⅜ 89⅛ 117 9 8¾ 9¼ 244 98½ 10_s._dis.
{188 85¼ 86⅜ 85⅜ 87 117 8⅞ 8¾ 9 240 96¾ par.
June, {197½ 89½ 88⅞ 91¼ 118 9⅛ 9⅜ 9½ 246 12_s._ pm.
{195 86¾ 87¾ 88⅝ 113 9 8⅞ 9⅜ 246 3_s._ ”
July, {198 89½ 89¼ 87¾ 91⅝ 115 9⅛ 8⅞ 8⅞ 246½ 98⅝ 15_s._ ”
{195 88⅛ 88 86⅞ 90⅜ 115 9 8⅞ 8¾ 244 97⅜ 10_s._ ”
August, {198 89 88⅝ 90¾ 118 9⅛ 9 8⅞ 244 98⅝ 10_s._ ”
{195 86⅞ 86¼ 88⅝ 118 9 8¾ 8½ 239 95⅛ 2_s._ ”
September,{197½ 88¼ 87½ 89⅝ 112 9⅛ 9 8¾ 241 17_s._ ”
{195½ 86¾ 85⅛ 88¼ 112 9 8⅞ 8¾ 236 11_s._ ”
October, {186 82⅞ 85¾ 83⅜ 115 8½ 8½ 8¾ 238 par.
{180 78¼ 79¼ 79½ 115 8 7⅝ 8⅜ 238 30_s._dis.
1847:
November, {189 83⅞ 85½ 85½ 8⅝ 8¼ 8¾ 235 93¾ 2_s._ pm.
at 2_d._
{185 81 82 81¾ 8⅛ 8 8½ 228 91¼ 20_s._dis.
December, {189 85⅜ 86 86¾ 8⅝ 8½ 8⅞ 235 94½ 12_s._ pm.
at 3_d._
{186½ 84 85½ 85½ 8½ 8⅜ 8 235 92½ 2_s._ pm.
1848:
January, {202 89⅞ 89½ 90⅜ 90¾ 114 9 8¾ 8½ 243 96 35_s._ ”
{187 84⅞ 85⅞ 89¼ 86 108½ 8⅝ 8½ 8⅝ 227 93 12_s._ ”
February, {202 89⅞ 89⅞ 87½ 90¾ 9 8⅞ 8¾ 245 98 41_s._ ”
{191 81¾ 81½ 82½ 8½ 8⅝ 8¼ 230 95¾ 5_s._ ”
March, {194 82⅞ 83⅜ 79⅞ 83¼ 8⅞ 8½ 8½ 253 89¾ 35_s._ ”
{191 80¼ 80⅝ 82⅞ 8⅝ 8⅜ 8¼ 86 13_s._ ”
April, {189 81 82⅝ 82¾ 104 8⅜ 8¼ 8½ 231½ 88¼ 45_s._ pm.
at 2½_d._
{185½ 78½ 80 79½ 8⅛ 8 8¼ 227 85 33_s._ pm.
May, {193 82¾ 84⅜ 82½ 83⅞ 108 8⅝ 8⅜ 8¾ 234 92⅝ 47_s._ ”
{189 81½ 83¼ 80⅛ 82½ 107 8⅜ 8⅛ 8½ 229 90 30_s._ ”
June, {193 84½ 84¾ 81½ 85 111 8¾ 8⅝ 8¾ 234 92⅝ 41_s._ pm.
at 2_d._
{189 82¼ 83⅞ 81 83¼ 8¼ 8⅛ 231 90⅛ 32_s._ pm.
July, {198½ 89 88⅞ 84 89⅛ 109 9⅛ 8⅞ 8⅝ 245 97½ 52_s._ ”
{190 85 85⅞ 85⅝ 8⅜ 8½ 8⅜ 239 96⅛ 32_s._ ”
August, {199 87½ 87⅛ 87¾ 112 9 8⅝ 8¾ 243 97¼ 39_s._ ”
{196 85¼ 85⅜ 85⅜ 109 8⅝ 8⅜ 8⅜ 238 21_s._ ”
September,{198 86⅜ 86¼ 87¼ 8⅞ 8⅝ 8⅝ 240 95 31_s._ ”
{196 85⅞ 85⅝ 86½ 8¾ 8½ 8½ 235 22_s._ ”
October, {190 84¾ 86¾ 84¼ 85⅛ 112 8½ 8½ 8¾ 237 95¼ 40_s._ ”
{183 83¼ 84⅛ 84⅛ 84 108½ 8¼ 8⅛ 8½ 234 92¾ 29_s._ ”
1848:
November, {190 86¼ 87½ 85⅜ 89 8½ 8⅝ 8⅞ 237 95⅞ 45_s._ pm.
at 2_d._
{188 84⅝ 85⅞ 85⅜ 8½ 8⅜ 8⅜ 232 94 36_s._ pm.
December, {191½ 88⅞ 89⅜ 89⅜ 8⅞ 8⅝ 8⅞ 241 96¾ 42_s._ ”
{188½ 86¼ 87⅜ 89¼ 8¼ 8⅝ 8⅜ 237 94⅞ 37_s._ ”
1849:
January, {196 91⅝ 91¾ 88⅞ 92¼ 9 8⅞ 8¾ 245 98⅞ 51_s._ ”
{188½ 88⅞ 88⅞ 87¼ 89¼ 8¾ 8½ 8¼ 238¾ 96¾ 40_s._ ”
February, {197¼ 94½ 94½ 95½ 120 9⅓ 8⅞ 8¾ 249 102 53_s._ ”
{193 91⅛ 91⅛ 92¼ 116 8⅞ 8⅝ 8¼ 243 100 39_s._ ”
March, {196 92¾ 92¾ 93⅞ 119½ 9⅛ 8⅞ 8⅞ 245 100¾ 45_s._ ”
{193 91 90½ 91½ 8⅞ 8¾ 8½ 240 99⅛ 35_s._ ”
April, {194 90⅞ 93¾ 90½ 91¾ 8⅝ 8⅜ 8¾ 248 101 49_s._ ”
{191½ 90 91⅛ 90 91 9⅛ 8¼ 8⅜ 243 44_s._ ”
May, {195 91⅛ 92⅝ 91¾ 8⅝ 8⅜ 8¾ 250 100⅝ 49_s._ ”
{192½ 89¼ 90⅛ 90⅛ 8⅜ 8¼ 8¾ 245 99⅛ 44_s._ ”
June, {195 92⅝ 92¾ 89¼ 92⅝ 8¾ 8½ 8⅞ 252 100¼ 48_s._ ”
{193½ 89¼ 90⅛ 90⅛ 8⅜ 8⅜ 8¾ 250 44_s._ ”
July, {200 93¼ 93¾ 91⅜ 94⅛ 9 8⅝ 8⅝ 253¾ 103 51_s._ ”
{195 91½ 92⅛ 92¼ 8⅝ 8⅝ 8½ 251 102⅞ 44_s._ ”
August, {200 93⅛ 93 90⅛ 94⅛ 118¼ 9 8¾ 8¾ 255½ 102¾ 51_s._ ”
{198½ 92 92½ 92⅝ 8⅝ 8⅝ 8½ 252 101¼ 40_s._ ”
September,{200 92⅞ 92⅞ 89¼ 94 8⅞ 8⅝ 8⅞ 254 102⅜ 42_s._ ”
{199 92½ 93⅛ 93¾ 8⅜ 8⅝ 8½ 252 35_s._ ”
October, {198½ 91¼ 92⅝ 91 92⅜ 8½ 8¼ 8½ 257 102½ 47_s._ ”
{196 90⅛ 91⅜ 90⅞ 91¾ 8⅜ 8⅛ 8¼ 254 100¾ 41_s._ ”

FOOTNOTES:

[13] The above tract appeared in 1719.

ALPHABETICAL INDEX

TO

CHRONICLES AND CHARACTERS

OF THE

STOCK EXCHANGE.

Page

Alison, Remarks on the National Debt, 83

Annuities, Policy of, 85

Asgill, Mr., on reducing the National Debt, 87

Baily, Francis, Defence of the Brokers, 72, 81

Bank of England,—First Charter, 27th July, 1694, 9

” ” First payment of Government dividends, 23

” ” Directors of, from 1694 to 1847, 156

” ” Dividends of, from 1694 to 1849, 161

Barbier, Mr., on the National Debt, 87

Barclay and Co., Bankers, Operations of, 104

Baring and Goldsmid, Anecdotes of, 61, 75

Barings, Sketch of the House of, 75

Barnard, Sir John, Opposition to the Stock Exchange, 26

” ” Act against Stock Gambling, 27

Blackboard, Notices of the, 55, 120

Blunt, Sir John, Originator of the South-sea Bubble, 23

Bolland, James, Execution of, for forgery, 119

Bolingbroke, Remarks on the National Debt of England, 82, 84

Bonaparte, Policies on the life of, 79

Bowring, and the Greek Loan, 106

Bridgewater Canal, 90

Brokers, Acts against, 71

’Change Alley, Origin of, 10

Charitable Corporation Frauds in London, 19

Chatham, Lord, Opinions of ’Change Alley, 57

Clayton, Sir Robert, notice of, 8

Cochrane, Lord, Fraud of, 80

Consols, Highest and Lowest Prices of, for 120 years, 153

Daniels, Joseph Elkin, Fraud of, 69

Douglas, Heron, & Co., of London, Failure of, 39

Dunbar, Speculations of, 118

East India Company, Stock of, 9, 18

” ” Restriction of its Dividends, 37

Elizabeth, (Queen,) Numerous Monopolies granted by, 8

Equitable Loan Company, Charter of, 97

Exchequer Bills, First Fraud in, 17

Exchange Alley, Anatomy of, 135

Fordyce, Alexander, Fraud of, 40

Foreign Loans contracted, 17

Fox, Charles James, Anecdote of, 58

Frauds and Forgeries, 32, 40, 69, 77, 80, 100, 119

Furness, Sir Henry, Anecdote of, 11

French Revolution, Effects of the, 64

Germany, Attempted Loan for, 26

Gideon, Sampson, the Jew Broker, 33, 118

Goldsmid, Abraham and Benjamin, 59

” Suicide of, 60

Gordon, Lord George, Anecdote of, 58

Gray, Thomas, Plan for Roads, 92, 94

Greece, Loan to, 104

Guatemala, Loan to, by English Capitalists, 103

Guise, Count de, Notice of, 119

Guy, Thomas, Anecdote of, 12, 25

Hebrew Brokers, Number limited to Twelve, 42

Hume, David, Remarks on the National Debt, 84

Hume, Joseph, and the Greek Loan, 105

Johnstone, Cochrane, Fraud of, 80

Joint Stock Companies, Speculations in, 73

Life Insurance, Notices of, 125, 127

” ” Indisputable Company, 127

” ” Policies on Diseased Lives, 128

” ” Fraudulent Companies, 130

Liverpool and Manchester Railroad, 93

Loans to Continental Powers, 104, 115

” New, Frauds, &c., 44, 154

” Since 1793, and Rates of Interest, 154

Lopez, Manassez, Punishment of, 29

Lotteries, Invention of, 49

” Employed by the State, for Revenue Purposes, 47

” Evils of, and Frauds in, 49

” Abolition of, 53

” Effects of, 50

Loyalty Loan, Subscriptions to, 68

Marlborough’s (Duke of) Victories, Effects of, 21

MacGregor, Gregor, Notice of, 100

Mining Companies, Speculations in, 98

Moneyed Interest, Origin, Extravagance, and Folly of the, 7

National Debt (The), Remarks on, 1, 6, 23

” ” Proposal to reduce the Interest on, 28

” ” Increase of, 1740-1766, 32, 35

” ” Curious Proposition to pay off, 66, 86

” ” Review of, 82

” ” Smith, Paine, Hervey, Graham, on, 84

Newcastle, Duke of, Notice of, 118

Petty, Sir Henry, Proposal for a Sinking Fund, 72

Pitt, William, Policy of, 64, 65

Plomer, Sir Thomas, Fraud on, 77

Portugal, Loan to, by English Capitalists, 115

Poyais Fraud, Disastrous Effects of the, 100

Ricardo, David, Notice of, 77

Rice, John, Execution of, for Forgery, 32

Rothschild, Notices of, 109, 111

” Death of, 114

Royal Exchange, (The) Notice of, 8

Secret Service Money, 37

Sedley, Sir Charles, Speech of, 13

Sinking Fund, the Origin of the, 34, 55

Spanish Stock, Fall in, 116

Speculations of 1825, 108

South American Loans, 99, 103

South-sea Bubble, Notices of the, 23, 25

Sprot, Mark, Death of, 74

Stephenson, on Railroads, 94

Stock Exchange, Increased Importance of, 22, 76

” ” Opposed by Sir John Barnard, 26

” ” Origin of the Blackboard, 55

” ” Removal of, 67, 108

” ” Increase of Business, 1810-15, 76

” ” Morals and Manners of the, 121

” ” Rules of the Board for its Members, 124

Time Bargains, Origin of, 27

Tontines, History of, 6

Tulip Mania in Holland, Sketch of, 4

Vansittart, Mr., Modification of the Sinking Fund, 78

Walpole, Sir R., Opposition to the German Loan, 26

” ” ” to a Reduction of Interest on National Debt, 28

” ” Adoption of the Sinking Fund, 34

” ” Remarks on the National Debt, 84

Walsh, Benjamin, Trial of, for Fraud, 77

Wilkes, John, Anecdotes of, 42

William III., Modes of raising Money for War Purposes, 7

” Enormous Briberies of, 12

” Increased Taxation under, 13

” Defence of his Policy, 14

Transcriber’s Notes

pg 32 Changed: conscience of Rice took the the alarm
to: conscience of Rice took the alarm

pg 36 Changed: was carried through and approved by a phcuniary
to: was carried through and approved by a pecuniary

pg 147 Changed: said to manage for three blue ribbonds
to: said to manage for three blue ribbons

Comments

Log in to leave a comment.

Chronicles and characters of the stock exchangeChapter XXI: Appendix: THE (2)

0%20 min left in chapter