A Scottish amateur golf championship has recently been instituted by the proprietors of the Dundee Evening Telegraph. A cup is to be annually given for competition. This trophy is a massive richly chased silver cup with cover, standing on an ebonised plinth, and was designed and manufactured by Mr. J. W. Benson, of Ludgate Hill and Old Bond Street. On the summit of the cover is a statuette representing Mr. John Ball, jun., in the act of driving, while round the vase are medallions and panels which represent persons and incidents connected with golfing. There are oval medallions with bas-relief portraits of Tom Morris and W. Auchterlonie; on the reverse panel the officers of the Dundee Evening Telegraph figure in bas-relief. The first tournament will take place at Carnoustie on July 25 and the two following days. The winner of the cup will receive a gold medal, and the runner-up a silver medal, both of which have also been designed by Mr. Benson.
Source: The Illustrated London News - 13th July 1895
I am very much obliged to my correspondent "J.U.P.," who reminds me that Jeffries’s Tables for the Valuation of Diamonds were published so long ago as the year 1750, and that the value of brilliants in 1880 is very much in excess of Jeffries’s estimate. Thus, a perfect brilliant of the finest quality would now be worth three times more than was the case in 1750. But, fancy the customers of Messrs. Storr and Mortimer or Mr. J. W. Benson refusing to pay more than Griffith’s—I mean Jeffries’s—valuation for the brilliants which they purchased from those eminent dealers in precious stones!
Source: The Illustrated London News - 18th December 1880
J. W. Benson, Limited.— Directors: J. W. Benson (Chairman), A. H. Benson, A, Benson, and F. Hindon. Secretary: E. J. S. Mills. Office: 62, Ludgate Hill, E.C.— The company was registered July 8, 1897, to take over the businesses of watchmakers, jewellers, &c., of Messrs. J. W. Benson and Messrs. Hunt and Roskell. The authorised capital is £500,000 in shares of £10, half being 5 per cent. cumulative preference, with a priority as to capital, and half ordinary, and power was taken to issue debenture stock for £250,000. All the ordinary shares were issued fully paid to the vendors, and all the preference shares and debenture stock have been subscribed and paid up. The debenture stock carries 4 per cent. interest, payable March 31 and September 30, is secured by a first mortgage on the freehold and leasehold properties, and is perpetual.
The accounts are made up annually to March 31, and submitted in May. For the period to March 31, 1898, and the nine years to 1906-7, 10 per cent. per annum was paid on the ordinary shares, together with a bonus of 2 per cent. per annum for the six years to 1906-7. General reserve fund, £105,000; carried forward, £11,376. On account of 1907-8 5 per cent. was paid in November. The preference dividend is paid half-yearly. Voting power, one vote for every share, ordinary or preference. Director’s qualification, 50 shares of either class, to be acquired within one month of appointment. Transfer form, common ; fee, 2s. 6d.; debenture stock is transferable in sums of £10 and multiples. Telegraphic address, Chronograph, London. Telephone number, 1448 Holborn. The preference shares and debenture stock are quoted in the official list. Latest prices—preference shares, 10; debenture stock, 99½.