The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-18

New Joint stock Schemes In England.
From the London Times City Article, Aug Al
resume on the 81 I'll OF June showed the total capita
pominally required for the new schemes introduced
during the half year 70 be f23 O0o OF this about
promised 10 foreign countries while OF the remainder
only small proportion pledged to undertakings OF
oescrp,ion 20 wnaraw serious sums from tue ordinary
calculated TO awaken anxiety was such as 70 stimulate
caution; Nevertheless although the public disposed
probably TO iner that this fact and dulness OF the
money market during the subsequent period have led
an abatement Of the ardor OF projectors such has not
and II any effect has been produced by the e.s
state Of prices has simply been this
assuming TIL more Objectionable Dimensions. The sub
ecriptlops invited from January TO June averaged
sac, o,0G0 per month"; and in July they have reached
1880 COO Annexed is the list
Metropolitan Railroad ..................fl 900 900
New Brunswick and Canada Land and Railroad go 900
CALCUTTA am soutn Eastern. LOO. zoo
s 1aues iah 9, ......... 4oMn
Sittngbourne and Sheerness Railroad ....... 80 900
Central Italian Copper Mining Company. 40 900
Forest Of Dean Railroad Observation-Disclosures. 5000
Manure Company ....................... $1,000
Patent wooleh Fabric Company ......... 100 coo
London Cork Company Observation-Disclosures. $1,000
LAbn (N6ssau) Iron Company. .............. 10000
Copiapo Extension (Chle) announcement. 1900
Detroit and Milwaukee Bonds ..........,,,. $50 900
Unin King ON Provision Company ....,.. SOC 90 D
European and Indian Junction Telegraph 49,. 100000
HUNGARIAN Land Observation-Disclosures. 5000
south Western Hot d Company. ............ $4,000
M,uopontan Bath Company .............. 10000
Br.'ol south Wales, and Southampton Union
Railroad ..................... 800, 600
An additionally uniayorsbe feature connected with the
above h that the foreign proportion presents relatively
large augmentation 0t.he total Of ooo 2s 600
consider ably than half destined be drained
from quarters whence reux will be very distant
81 COO 600 Is intended Tor India although the require
ments for thai country have for several years past pro-
duced chronic pressure the money market, which
most ipjr'ousy affected resources during the war;
conveniently large Is raised for Canada and
Western America, apart from further large under
stood to have been privately negotiated the DO, DIS
aisO, 600 Is for Chile; 100000 for mines in Italy
and Germany; .o 60 70. goo Tor q land project IN
asy ss and INC f.s Si sass
these be entered upon safely at the
rate at which they thus promise TO be multiplied any
person can Judge who will avail himself Of the
perierce of what s passing in Paris. large majo
ry Of them sound and such would be desirable IL
there we're Of an early IL the number to
be introduced. But on this point there Is little hope. II
is certain that imy ortant railway lines
about TO be brought forward under attractive concessions
from the Turksh government aud that Russia dcibera
ting prehensve plan TO obtain from the capital
lists Of England and France the means to prevent by
network OF internal communications. repetition OF her
recent failure. The first will be recommended by toer
commercial and political characteristics, and the lat
ter by the existing prices Ct Russian securities;
and as the guarantees in each will, OF course
be calculated 70 meet the condition of the money
market for the tme there be little doubt u their
reception Once commenced, with the present facilities
for railway construction they to ,ceed with
rapidly and although owisg 10 the activity OF her trad
il relations with England the expenditure in the Of
Turkey wopls be likely TO flow back freely In Russia It
would probably be boarded with almost much tenacly
in ILoia III der these circumstances ii Is for the pub
lie TO consider whether they should exercise for the
ment discriminating reserve At all events they should
bear in mind before taking every American other de-
benure that may be offered that the agents ia the trans
action paid large percentage for recommending
them, nd also that with regard to undertakings
nounced the Stock Exchange the fact OF their being
quoted at a premium before die day OF issue does not
except In large and unqucs instances afford the
slightest proof OF the value at which they will really
stand.