1105
ESTATES GAZETTE,
Kimberley Diamond Company, limited, for the sum of £1,725,000, viz., £1,625,000 for the former and £100,000 for the latter¿. This will give each shareholder in the Exploration Company the sum of £16 per share, and in the diamond undertaking £1 per share. Meetings of the companies concerned will be held on Monday next for the purpose of ratifying the agreement.
!tannai.
Messrs. J. Lumby and Co., auctioneers, etc., have removed their offices from No. 70, High-street, to No. 143, Above-bar, Southampton.
Mr. Jesse Hiolness, auctioneer, of Margate, has recently considerably on Larged and׳ improved his offices, situate at 120, High-street, in that town.
Mr. K. G. Scrivem, F.S.I., of Castle Ashby, was judge of .the Jersey cattle at the Northamptonshire Agricultural Show, at Kettering, iast week.
Messrs. Ohas. Cassini and Co., auctioneers, surveyors, and valuers, of Ladywell, S.E., have opened additional offices a.t the comer of Cat-ford-hill and Stanford-road׳, S.E.
The will of the late Mr. John J. Orgjll, of 13, Oh ester-terrace, Regent’s-park, and 21, Hart-street, Bloomsbury, who died on May 6 last, has been proved a,t £75,100 14s. 6d.
We understand that Mr. A. E. Dyer has acquired the auctioneering and estate agency business carried on by the late Mr. W. D. Sandoe, at York House, Malvern, where it will he now continued.
The death occurred a few days since of Mrs. Esther Myres', wife of Mr. John James Myres, C.E., F.S.I., of the firm, of Myres, Veevers and Myres, Preston. The deceased1 lady was 63 years of age.
Mr. M. W. Gifford, of Folkestone, and Mr. C. T. O. Williams have entered into partnership as auctioneers׳, valuers, house and estate agents, and have commenced business at No. 44, Yicitoria-road, Deal.
Mr. Jaimes Mitchell, who was for sixteen years in the offices of Messrs. Kerr and Messrs. Wavell, Kerr and Kerr, solicitors, Halifax, nas commenced business as an accountant, estate agent, and insurance broker.
Messrs. Doudney and Agnew have recently commenced business as auctioneers, valuers, house and estate agents, at Sbuthsea•; their offices, which have been specially built lor them, being conveniently situated1, at^ No. 1, Goldsmiith-avemue (facing Fratton Station).
Mr. Edward George Lancaster, of Keresforth Hall,' Barnsley, auctioneer and valuer, has been appointed a Justice of the! Peace for the West Riding. It is expected that Mr. Lancaster will qualify at the next Quarter Sessions, and that he will sit with the Barnsley Bench.
Messrs. Franklin and Jones, auctioneers, land agents, etc., have discontinued their office at Ascott, near Wallingford, and will henceforth conduct the whole of their business at No. 2, Frewin-court, Com Market-street, Oxford.
Mr. Stanley Hawkings, surveyor to the Bromley Urban Council, and Mr. Frederick Payne, F.S.I. (Messrs. Baxter, Payne and Lepper, Bromley), gave evidence, on Monday, in a test case with regard to the footpath at Bromley-common, heard before ■the׳ local magistrates.
Messrs. J. R. Eve and Son, Bedford, havo been appointed by the Hertford authorities to re-value the Union, the special properties having been previously valued by them. The Hitchin Assessment Committee have also accepted the tender of Messrs. Eve for the revaluation of the whole Union, which has never been professionally valued. The two ^Unions embrace an area of 100,000 acres, with the borough of Hertford, the Urban Districts of Hitchin, Stevenage, and Baldock, and fifty other parishes.
Mr. Edward Arthur Tewson, F.S.I. (the eldest son of Mr. Edward Tewson), for many years an active partner in the firm o: Debenham, Tewson, Farmer and Bridgewater, has, under medical advice, retired from th London business. Mr. E. A. Tewson has, •fo several months, resided at Tunbridge Wells, air we are pleased to learn that his health has s_ much improved that he has now decided to see' a resident agency on a country estate, fo which post his long and varied experience mu-have given him every qualification.
Citg ®optcs.
[SPECIALLY CONTRIBUTED.]
Bank Rate 3 per cent, (ohanged Feb. 2,1899)
The shadow of politics continues to hang like a cloud over the City. People who want to borrow money have to pay more for it because of the fear thait hostilities may begin between England and the Transvaal. As a matter of fact, hostilities have already begun, and all we can now hope is that they may end without the necessity of firing a shot. The effect of the whole affair on the Stock Exchange is bad-very bad. And yet it might well be worse. The South African market is dull and almost lifeless, and business is well nigh at a standstill. But this is the worst that can be said of it. The most favourable feature is that there has been no wholesale selling on the part of real holders of shares. The public are not buying, it is true, but then, on the other hand, they are not selling to any extent, and when any real stock is׳ offered for sale it is quietly absorbed by the big !South African houses, who have reasons of their own for not wishing the market to tumble altogether to pieces.
* * *
We cannot give our readers better advice than we gave them last week, namely, to stick to their shares, unless—which is hardly probable—they can sell them ait a profit. ^ With regard to speculative operations, to “bear anything, even in these unsettled times, is not safe. The reason for this is that it is impossible to see one clear day ahead. If the Transvaa! difficulties were adjusted—if the position were better in Paris—whichever way we look there is an “ if ” in the way. Meanwhile the markets are, as it were, sitting on a fence, ready to spring one way or the other as circumstances dictate.
* * *
Comsols this׳ week reached the lowest point of the year, and have almost got down to the figure touched during the FasQioda crisis. There has recently been some real selling of stock on the impression that, should war break out with the Boers, the Government would want to raise money by a new loan. As a matter of fact• the Government are in want of four millions for military purposes, which if will probably seek from the public, but even should we get a loan for ten or twelve millions, the position of Consols would not he prejudiced in the slightest degree. There is no sign as yet ™at our premier security is really going back. There are a dozen reasons why its price should be kept up, not the least of them being the fact—becoming more patent every day—that with the increase in the visible supply of money the rate of interest on all high-class׳ •securities must in-evibaibly decline.
FRIDAY 23rd.
MESSRS. ALDRIDGES, 4, King-street, St. James’s.
Piccadilly—14, Stratton-street, F Anerley—10, Seymour-terrace, L FARADAY and RODGERS, 77, Chancery-lane, W.C.
Teddingtcn, Middlesex—Cedar-road, Nine Leasehold Residences	_	_	. ,,
Leigh-on-Sea, Essex—Glendale-road, Three Freehold Residences	״	,
Feltham, Middlesex—Hanworth-road, Three Freehold Residences
Chelsea—15, Cremorne-road, L GIDDY and GIDDY, 4, Waterloo-place, S.W., Maidenhead, Sunningdale and Isleworth.
Hyde-park—23. Inverness-terrace, L Kensington—84, Holland-road, F	״
Uttoxeter, Stafford—Wood Villa, and 11a. 2r. 26p., r J. H. LYNCH, 37, Norfolk-street, Strand. W.C.
Buckhurst-hill—Princes-road, Albert Villa, E Maidenhead, Berks—Baymead-road, Fairholme, r
H. N. NEWTON and CO.; 69, Chancery-lane. W.C.
Hammersmith—Bavenscourt-park, Oakhurst, L NOTT and CARTWRIGHT, Balham, Wands-worth-common, Tooting, and 52, BelgraYe-road, S.W.
Wimbledon—4. 5 and 6. Faraday-villas; 1, 29 and 29a, Evelyn-road, L Clapham—139, Elms-road, L Balham—147. High-road, L A J. SHEFFIELD, 218, East India Dock road Poplar, E., and 35, Eastcheap, E.C. Hampstead—76 and 78, Kingsgate-road, L Willesden-green—91 and S3, Vffliers-road, F Canning Town—1 to 9, Church-terrace; 9, 11 ana 1״, Hemsworth-street, L Limehonse—74, Aston-street, F E. and S. SMITH, 54, Amwell-street, Penton-ville, E.C.
Stoke Newington—99, Green-lanes, L HOOKER and WEBB, High-street, Croydon.
East Grinstead, Sussex—37 to 43 (odd), London-road, F, with Goodwill	,	0 יגד 7ד
Godstone, Surrey—Enclosures of Land 47a 2r. 33p.,1 Bletohingley Surrey—Enclosures of Land, 22a. 3r. 7p., F
Whyteleafe, Surrey—Bourne Croft, and Bourne House, F	. ,	,	,
East Grinstead, Sussex—Portland-road, Ivanhoe and Hill View, F
LONDON AND SUBURBAN RESULTS.
JUNE.
Devon, Somerset and Cornwall Attc tioneers.—The Auctioneers’ Institute has no־ formed a branch in these counties, and a com mittee has been formed, with Mr. A. Bromle Sanders, of Exeter, as hon. secretary, to who application for membership to the branch shou be made.
Is Mother Seigel’s curative syrup losing its popularity? It would appear so ; but to is no comfort to the shareholders of A. J. Wlhrte, Limited, Who this year get no dividend. We hear that the directors were a!s much surprised at the result of the year’s operations as were the shareholders ; but this does not explain the steady selling that went on before the default was •announced. I׳t is remarkable how quickly bad news leaks out.
* * *
The Welsbach Company is another under taking about which there seems to be a good deal of mystery. The excellence of the light is indisputable, and׳ its popularity passes urn-questioned. Yet the result of the year’s working was unsatisfactory, and the company s securities are quoted lower and lower, notwithstanding the almost frantic efforts on the part of a few interested people to keep them up. The only point that seems clear is that the company for a short period since is inception was badly managed. A new mantel was promised and fresh transactions were almost suspended while it was being perfected. This took so long that business in the old mantels had to be resumed, but the result was a loss to the company., which was strongly reflected in the balance sheet. There is a great hope, however, that the current year will show up much better.
* * *
The new issue of Leslie and Co., Limited, does not look like a bad investment. The company, which has a large and valuable connec-tion, was formed in 1894 to amalgamate and carry on the business of Leslie and Co. and Aldin Brothers and Davies, building contractors, decorators and sanitary and electrical engineers. The present issue is of 10,000 Six per Cent. Cumulative Preference Shares of £5 each, the money being wanted to pay off bank loans, and to provide further working capital. The profits of the last three years are given as averaging £12,500 per annum. There is a Debenture issue in front of the Preference, but it amounts to only £16,500.
* * *
The directors of •the De Beers Consolidated Mines, Limited, have made an offer to purchase the properties of the London and South African Exploration Company, Limited, and the
THURSDAY 8th. i BLAKE and CARPENTER, 45, High-street, Croydon (at the Greyhound Hotel, Croydon)
Addiscombe—92, Lower Aadiscombe-road, E
£45 F .................................
15, Inglis-road, ER £32, F........• •.... 390
Croydon—FGR of £9 per annum, secured upon
131, London-road ........................ g™
7, Bedford-park, F ...................   2,520
4, 6 and 10, Thornhill-road R £r׳׳•^ F .... 2.130
44 and 46. Ilandcroft-road, R £34 10s., F 470 5 and 6, Ravenswood-road, R £54 12s., h ...	66b
W. N. WILLOUGHBY, 363a, Norwood-road, and Tulse-hill, S.E. (on the premises).
Norwood—143, Beulah-hill, R	£130 .......... 2,000
WARLTERS, LOYEJOY and TELFER, 9, South-
ampton-street, W.C.
Barnstaple, Devon—The Gold'en Lion Hotel, and the Royal and Fortescue Hotel, F T. W00D8, Hounslow.
New Brentford, Middlesex—127, High-street; 8 to 11, Boar’s Head-yard, with Factory and Warehouse Premises, F
TUESDAY 13th.
BOYTON, PEGRAM and BUCKMASTER, Bank-buildings, Broadway, Walham-green, S.W. (at the Victoria Hotel, Yictoria-road, Surbiton).
Surbiton—Six Plots of Freehold Building Land
in Tankerton-road........v......••••:•••	144
Two Plots of Freehold Building Land in
Tolworth-park-road .......;•••;.y...i ™
Thirty-six Plots of Freehold Building Land
in Ravenscar-road ...............   123׳J
Six Plots of Freehold Building Land in Doug-
las-road .......................     iy4
Twenty-six Plots of Freehold Building Land
in Ellerton-road ...................  350
Four Plots of Freehold Building Land in Cotterill-road...................  188
FRIDAY 16th.
B. R. BOSTOCK, Upton-park, E. (at the Swan Hotel, Stratford, E.).
Dagenham—Thirty Plots of Freehold Building
Land, on the Station Estate ........  9UU
WEDNESDAY 21st.
BLAKE and CARPENTER, 45, High-street, Croydon (at the Greyhound Hotel, Croydon)
Forest-hil׳'—Twenty-five Plots of Freehold Build-
ing Land in Dunoon and Devon shire roads 2.3/1
(^VLtxm & ÏUpltis.
Subscribers are invited to make use of this column for submitting their doubts and difficulties upon points of practice and questions as to custom and usage for solution by brother professionals and others.
In all cases the name and address of the writemust accompany any communication, not necessarily for publication
Every endeavour will be made to secure a prompt aud sufficient reply to each enquiry, but we are unable to give any guarantee in this respect.
Drains—In answer to “A Subscriber,” we presume that he wish es to know who-as between the lessor and lessee of the premises—would be liable for the re-construction of the drains. If he will write again, telling us the nature of the repairing covenants in the lease, we will give an opinion, but should not like to do so without such information—BARRISTER.
[752]
Removing Stone.—Assuming “ Freeholder’s” facts to be correctly stated, his remedy would be by an action for injunction and damages. Why should the contractor remove the stone without permission or payment?—BARRISTER.	[751]
Compensation—I do not think that “ Compensators ” would be liable under the Act of 1897 in the circumstances mentioned. Section 6 is not. in my opinion, meant to apply to such a case.—BARRISTER.	[7o4]
Commission and Distress.—We are unable to assist “ Douglas ” as to the first portion of his enquiry, except by saying that the necessary information is generally to be obtained from the tenant. As to the second part of the letter : (1) It is only necessary for “Douglas to serve the notice No. 4 ; (2) This does not require a stamp ; (8) Five days must elapse before the sale. Every necessary information is to be obtained from Daniels “ Law of Distress,” 3rd edition, published at this office, price 3s. 6d.—Ed. E.G.	[753]
TUESDAY 20th.
BROAD and WILTSHIRE, 7, Queen-street, Cheapside. E.G.
Gunnersbury—94, Welleyl ey-ro a d, L DAVID BURNETT and CO., 15, Nicholas-Iane,
Anerley—184 and 186, Anerley-road, L Muswell-hill—Sidney-road, Palm Lodge, and live plots of Land, F	״
Finchley—Dollis-road, etc., Two Building Plots, F South Kensington—52, Bedcliffe-road, etc.
Hampstead—44, 46, 52 and 54, Parliament-hill, L DEBENHAM, TEWSON, FARMER and BRIDGE-WATER, 80, Cheapside, E.C.
Wilmington, etc.. Kent—Oakfield, and 32 acres, F Hampstead Heath—Branch-hill Lodge, and 6 acres, J! Staines, Middlesex—Shortwood-common, Knowle-green House, and 6 acres, F	.
Streatham—Leigham-court-road, Springfield, and 4 acres, F
MESSRS. EILOART, 40, Chancery-lane, W.C.
Hyde-park—8, Queen’s-gate-gardens, L
E.	and H. LUMLEY, 22 and 35, St. James’s
street. S.W.	^
Belgravia—1, Wilton-terrace, and 51, Eaton-mews South, L
ALFRED RICHARDS, 18, Finsbury-circus, E.C., and Tottenham, N.	,
Dalston—12, 13, 14 and 15, Bay-street; 36, Myrtle-street, L
WALTON and LEE, 10, Mount-street, Grosvenor■
square, W.	, _ ,
Crowmarsh Gifford, Oxon-The Howberry-park Estate 112 acres
WESTON and SONS, 1, 3 and 5, Angell-road, Brixton, and 252, Brixton-hill, S.W.
Brixton—31, Barrington-road, L C. and H. WHITE. 262, Kennington-road, S.E.
Clapham-oommon—Erinville, Beverley and Pontivy,
1 1 5 9, 11. 17 to 25 (odd). 4. 10, 12 and 18, Alder-brook-road6 ,4 ,2 ;׳ and 12. Lysias-road, L
WEDNESDAY 21st•
H E. FOSTER and CRANFIELD, 6, Poultry, E.C.
Enfield—Windimill-hill, Hill Side House; Glebe-avenue, Tarradale, L City of London—24, Bedcross-street, L Streatham—1 to 6, Poland-terrace, L Lewisham—6, Westeria-road, F
F.	W. HARRISON, 15, Walbrook, E.C.
Norwood—Auckland-road, Mount Cyra, L Catford—29 to 53 (odd), Brookdale-road, and 19 to 27 (odd), Bastbourne-terrace, L
EDMUND W. RICHARDSON and SON, 50, Fins-bury-square, E.C.
St George’s East—Old Gravel-lane. York Buildings, L Hornsev—47. 49, 51 and 51a, Myddleton-road, L Three Bridges, Sussex—The Woodlands and Park Estates, 19 acres, F
RUSHWORTH and STEVENS, 22. Savile-row,
Cavendish-square—2, Chandos-street, L RUTLEY, SON and VINE, 6, George-street, Euston-road, N.W.
Kentish Town-15 and 17, Warden-road, L Harold Wood. Essex—Atlielston-road, Fernleigh, 1 Euston-road—56. Judd-street, L Holloway—73, Benwell-road, L J. D. WOOD and CO , 6, Mount-street, Berkeley-square, W,	״
Beauworth, Hants—The Beauworth Manor Estate, 268 acres F
Chalfont St. Peter, Bucks—The Grange, and 42 acres,
F
DOUGLAS YOUNG and CO., 51, Coleman-street, E.C., and 213, Clapham-road, S.W., and Ilford, Essex.
Pitsea, Essex—Nevenden-road, etc., a Freehold Building Site, 2a. lr. 30p.; also 19 Plots of Land
^THURSDAY 22nd.
ALDER and CO., 28. Queen-street, E.C., 4, Railway-terrace, S.W., and Carshalton.
Datchet, Bucks—Penn-road, 14 Leasehold Houses
H. J. BLISS and SONS, 106, Cheapside, E.C., and
164, Bethnal Green-road, E.
Bethnal-green. 326, Bethnal-green-road; 11 to 21 (odd),
29 and 31 Jersey-street, F
Tulse-hill—15 and 19 to 27 (odd), Harpenden-road. L FAREBROTHER, ELLIS, EGERTON, BREACH, GALSWORTHY and CO., 29, Fleet-street, and 18. Old Broad-street, K.C.
Finsbury—Hearn-street, Freehold Building Site, area 42.000ft.
Hampstead—25, Netherhall-gardens, L Chancery-lane—Lonsdale-buildings, L Streatham—Tooting Bec-common, the Grove, and 11 acres, F	״	, .	,
Mortlake—Barnes-road, Elm Lodge, and Aspiin Cottage, F
FIELD and SONS, 54, Borough High-street, S.E. and 52, Chancery-lane, W.C.
Peckham—Dennett’s-road, the Earl Derby P־h, FGE £45
Bermondsey—19 to 45 (odd), Abbey-street, F Wandsworth—21 and 23, Park-road F Old Kent-road—Nos. 34. 36 and 38. L	.
Hollowav—North-road, Leasehold Factory Premises Wimbledon—Wimbledon-park-road, Four Freehold Residences
J. A. LUMLEY and CO., Lumley House, 34, St. James’s-street, S.W.	.
East Molesey, Surrey—Bridge-road, 11 Freehold Eesi-
C. C. and T. MOORE, 144, Mile End-road, E., and 7, Leadenhall-street, E.C.
Norwood—5, Auckland-hill, L Plaistow—2 to 20 (even), Pelly-road, L NEWBON, EDWARDS and SHEPHARD, 275, Upper-street, Islington, N.
Barnsbury—2, Cumberland-street, L Harringay—70 and 72, Cavendish-road, L Finchley—17, Stanhope-road. F
New Southgate—3 to 9 (odd). Friern Barnet-road, L Chelsea—7, 8, 13 and 14, Gertrude-street, L Southwark—1 to 8. Nelson's-place, L Stanstead, Kent—Enclosure of Land, 6% acres, r West Brompton—122. 138, 140, 144. 156. 157. 159, 16״. 169 to 177 (odd), Finborough-road; 10, 12 and 14, Wharf dal e-street. L Chelsea—15 to 23 (odd), Fernshaw-road L Camberwell—25. 27. 35 to 47 (odd). Eastlake-road L
ALFRED SQUIRE, 106, High-street, Camden-town, N.W.
Hampstead-road—1. Oakley-square, L Islington—19, Waterloo-terrace, L E. and A. SWAIN, 26, High-street, Notting-hill,
Notting-hill—95, Elgin-crescent, L Kensington—16, Kensington-park-gardens, 1