AS, notwithstanding the accumula- transmitted to us by an intelligent cor respondent, which may perhaps be still more tion of documents on the widely ramifying topic of Joint-Stock Companies, the double duty of preparing for this month, not only the usual current number of our Magazine, but the Supplement also for the precedent volume, has precluded the necessary time and attention for the digestion and arrangement of those materials,-and for marking, with requisite discrimination, the line of distinction between the speculative bubbles, whose object, or, at least, whose operation, must be the prompt enrichment of the projectors by shing funerals, £1,200,000, at the Fleece Tavern, one hundred and three years ago as appears by the following list of joint-stock companies, extracted from the Weekly Packet, a newspaper of that time, dated January 2, 1720: anticipated interest upon a moon-shine -ex * Infatuations of this kind appear at certain times, and under the influence, we suppose, of certain planets, to be endemical. The joint-stock star (whether dog star, or by whatever other more discriminative name it may be called,) raged with something like a correspondent fury just MONTHLY MAG, No. 406. For building or buying ships to let or freight at Garraway's, Exchange-alley, £1,200,000. For the raising the growth of raw silk, £1,000,000. For lending, upon the deposit of goods, stock, tallies, &c. at Robins, Exchange-alley, £1,200,000. For buying and selling of estates, public stocks, government securities, and to lend money, £3,000,000. For carrying on the undertaking business for furCornhill. For buying lead mines and working them, Ship Tavern. £4,000,000 for purchasing and improving commons and waste lands, Hanover Coffee-house." Blanco and Saltortugas. For supplying the London market with cattle, For smelting lead-ore in Derbyshire, Swan and Rummer. £2,000,000 for importing walnut-tree from Virginia, Garraway's. For purchasing tin and lead mines in Cornwall and Derbyshire, Half-moon Tavern. £2,000,000 for an engine to supply Deal with fresh water, &c. Black Swan. For making Joppa and Castile soap, Castle Ta vern. £4,000,000 for exporting woollen stuffs, and importing copper, brass and iron, and carrying on a general foundry, Virginia Coffee-house. This day, the 8th instant (Jan. 1720), at Sam's Coffee-house, behind the Royal Exchange, at three in the afternoon, a book will be opened for entering into a joint-copartnership for carrying on a thing that will turn to the advantage of the concerned. For a settlement in the Island of St. Croix, Cross Keys. 2,000 shares for discounting pensions, &c. Globe Tavern. £4,000 for improving all kinds of malt liquors, Ship Tavern. A Society for landing and entering goods at the Custom-house, on commissions, Robins.-£2,000,000 for a Friendly Society, for purchasing merchandize and lending money, King's Arms. £2,000,000 for purchasing and improving fens in Lincolnshire, Sam's. £4,000,000 for improving lands in Great Britain, Pope's Head. The Gold and Silver Society. For extracting Silver from Lead, Vine Tavern. Insurance Office for Horses Dying Natural Deaths, £100,000 for a perpetual motion by means of a wheel moving by force of its own weight, Ship Tavern. A copartnership for insuring and increasing Children's fortunes, Fountain Tavern. £400,000 for manufacturing iron and steel, Black Swan Tavern. £200,000 to be lent upon pledges, Blue Coat Coffee House. £2,000,000 for erecting salt-pans in Holy Island, John's Coffee House. B |