The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-10-05
QUoTAIIoNs FOR UNcURRENr MONEY.
Uncurrent M0neu. Lnctprenf Moneu

The amount of capital embarked in railway enterprises
in Great Britain is immense seventy railways
completed or in progress the amount of capital is fs5
3O723 OF which 1913 paid up, and f32 800
remain to be called up OF 1879 railways before Parlia
meht the last session. exclusive of small branches
tons, connecting links, &c, the nominal capital for
which the registered shareholders LIABLE is f96
ESQ., OF which averaging the deposits at f2 per share
f790a3 appears to be paid up, and being lodged with
the treasurer OF the private bill Office thus withdrawn
IRON commercial circulation There have also been 1876
railways projected but not yet before Parliament Of
which the average deposits amount to Ell per share
The total capital represented by these is 3Os 600
and the amount paid up and withdrawn from CONNER
cia circulation is f99l33l2. There are also number
OF small branches and devations in progress and pros
pec involving capital of EAT 900 soO which the de-
posts amount to 00 The total number shares
ll0472sl or nearly share for every of the popu
ation The total capital represented by railways paid
up and to be paid up, is f36s OOo about Eel per
head to the whole population and the total Of paid up
capital ETA gas leaving f296 346 to be called up
Ofcourse this calculation refers to the amount required
the whole ofthe schemes projected should carried
Many OF them however, competing lines some ar
rejected whilst others have been rendered
by the formation Of branches, &C., from existing lines
Taking, however, only half Of the remaining
to be called up for the lines being as much as the
legislature is likely to sanction we have no less than
100000 which, will probably be called up to fur
nsh for railways in the Of the next four or
five years in addition to fs227 O0o remaining unpaid
upon the lines completed or in progress.
OF the lines completed in progress, representing
capital Of 723 many at considerable pre-
MUM, some of those at present before parliament
and projected. We may fairly add nethird the pi
tai represented by the rst for premium, and have
then the following the total capital already invested
in railways and liable to be acted upon by speculation
on the various Stock Exchanges
RAILROADS GREAT Britain.
Paid UP lines completed or in progress f53 900 500
Add one-thiTd for premium ........ IL 9e6 96a
Paid w railways before parliament. 80. 1890 273
Deposits on new schemes. 9,9l3,3l2
Ditto Tor branches, &c. .........."... 2,350,000
Iotai. .E9O,3ll ,442
his amount is already invested in this de.
scripton Of property, exclusive of engagements
in foreign railways OF this amount no less than
fl9,554,045, the amount of deposits on new
lines may be said to have been furnished within the last
twelve months, in addition to the amount, large one
which has been absorbed in calls upon lines In progress
To give some idea of the immense extent to which
banking institutions in Great Britain have recently i'm
creased in consequence of railway business IL is stated
the amount sent to the clearing house bv one firm in
London CO 500 OO0and as nearly the same amour
would be drawn upon Them it gives the enormous an
OF f600O0O0 for the business of one firm in one da
Under ordinary circumstances the amount sent 10 tho
clearing house by any of the largest bankers seldom
exceed fl 100000 daily.