From Robert Stedden Scrimgeour & John S. Scrimgeour & Co. 17 June 1859
22, Threadneedle Street, | London | E.C.
17 June 185 9.
In reply to your favor of 15th. inst1 we beg to call your attention to the following information respecting the Gt. North of Scotland Ry. Co.
Original Share Capital £232.324— Preference ' '330.768— Dividend on Ordinary Share Capital 1855 1 Pr. Cent —6 2 ' —7 4 ' —8 4 ' —9 4 '
The Optimal Preference Stock is the only Preference in this Company.—
The other Stock to which we alluded in our last is “North Eastern—Berwick 4% Preference” This stock, the amount of which is about £2.000.000, is protected by an ordinary share capital of £6.427.345 upon which dividends have been paid of late varying from 4 to 6%
Last Feby. twelvemonth the stock touched par or 100. & you will now see it quoted in “the Times” nominal price is only 96.8
It is impossible to give the amount of “Berwick” Loans, as the Loans on the
Nth. Eastern—Berwick Line
Do. Leeds '
Do. York '
are a joint charge on the three associated Companies The total amount is £5.500.000 against a total share capital of £16.198.295
The exact figures of the ‘Berwick’ Capital are
Ordinary £6.427.345 Preference 2.047.900
We are Dear Sir | Yours respectfully | RS. & JS. Scrimgeour Co
To C. R. Darwin. Esq
P.S. | We may perhaps state that this is so far a favorable time for effecting the operation you have in view that there is just now a parcel of “Berwick” stock on the market, while at times it is impossible to buy it at all.2
Provides requested information about certain railway shares.
Please cite as
Darwin Correspondence Project, “Letter no. 2469B,” accessed on 26 March 2017, http://www.darwinproject.ac.uk/DCP-LETT-2469B