The Sun. — London, England, 1863-08-08 00:00:00

LONDON AND COUNTY BANKING COMPANY, Established 1830, Subserib.:d In 30,000 shares of .E5 l each. Paid-up Capital —£6 0.001). Reserve Fund—X9).ooo. DIRECTORS. Thomas Tyringliam Beroard, John Fleming, Esq. Esq.. M.P. Frederick Harrison, Esq. Philip Patton Blyth, Esq. i Edward Hug.,gins, Esq. John Wm. Burmester, Esq. Wm. Champion Jones, Esq. Coles Chiid, Esq. James Laming, EFq. l UFh C. E. Childers, Esq W illiam Lee, Esq., M.P. DLP "William Nicol, Esq., M.P. GENERAL MANAGER. Willi.tm 3Pliewan, Esq. CIIIEF INSPECTOR. I ASSIST. G F.NERAL MANAGER W. J. Norfolk, E sq. Wlll am Ho a ard, Esq. CHIEF ACCOUNTANT. James Or y. Esq. INSPECTORS OF BRANCHES. 11. J. Lom, n, Eq., and C. Sherring, Esq. Head Office—No. 21, Lombard street. At the Half-ye rlv ATeetinzof the Proprietors, held on Thursday, the nth Aug us t, 1563 , at t h e L on d on T aver n, Bishops ate-street, the following. Keport for the halt year ending. the :coth June, 1461, way read by the Secretary. - WILLIAM CHAMPION JONES, Esq., in the Chair. RE PRT. The Directors, in submitting O to the Proprietors the Ac counts of the Rank for the half year ending the 30th June last, have the pleasure to report that the net profit, after de (Meting all charges, am mitts£r, to V,3,‘38 19s. 901., which, added to £1,483 2 3 . 3d. brought forward from the last account, re sults in a total of £65,,2215. Out of this sum the Directors have declared a dividend of 6 per cent. for tit • half year, free of Income Tag , a bsorbing .645,978 18s. 4d . ; th ey recDmm, end that £15,000 be added to the Reserve Fund, and that the balance £14,343 3s. Sd., be carried forward to Profit and Loss New Account • The dividend will be payable at the Head Office, or at any of the Branches, on and after Monday, the 17th instant. BALANCE SHEET Of the London and County Banking' 1853. C om pany, 30th June, D. To Capital paid up. ••• • • • ................. Z 5 0 0 ,000 0 0 eserve Fund ........................ 75,000 0 0 Amount due by the Bank for customers' balances, &c. .................. £7,765,126 210 Liabilities on acceptances and endorsements by the Bank, circular notes, and letters of credit .. 789,366 11 9 8,554,492 14 7 Profit and loss balance brought from last ac count 1,483 2 3 Gross profit for the half year, after making pro vision for bad' and doubtful debts 186,869 19 7 £4,416,36214 2 Cn. By Cash on hand at head Office and branches £1,320,025 13 2 Cash placed at call and at notice 1,043,438 2 0 £2,363,46315 2 Investments, viz.:— Government and Guaran teed Stocks 555,629 4 3 Other Stocks Az Securities 104,77 i 5 5 661,404 9 8 Discounted bills and advances to custom ers in town and country Freehold premi-es in Lombard-street and Nicholas-lane, freehold and lease hold property at the branches, with with fixtures and fittings Interest paid to customers .... Salaries and all other expenses at head office and branches, luau :Wig income tax on profits and salaries .... 106,613 911 37,355 0 10 67,027 6 1 £9,416,36214 2 PROFIT AND Loss ACCOUNT. DR. To Int( rest paid to customers Expenses as above Rebate on bills not due, carried to new account Reserve fund Dividend of G per cent. for the half •year Balance carried forward £37,355 0 10 07,027 6 1 17,16; 10 8 15,003 0 0 35,978 18 4 14,343 3 8 £186,869 19 7 CR. By Balance brought forward f rom last account £1,483 2 3 Gross profit or the half-year, after making provision LA' bid and doubtful debts .. 185,386 17 4 £186,869 19 7 We, the undersigned, have examined theforegoing, balance sheet, and have found the same to be correct. (Signed) HENRY OVERTON, R. H. SWAINE, 1 Auditors. JOHN WRIGHT, London and County Bank, July 30, 18t3. The fore - oing Report hiving been read by the Secretary, the following Resolutions were proposed and unanimously adopted 1. That the Report be received and adopted, and printed for the use of the Shareholders. 2. That £15,000 of the profit for the hall-year ending 30th June, 1863, be added to the Reserve Fund. 3. That the thanks of this Meeting be given to the Board of Directors for the able manner in which they have conducted the affairs of the Company. (Signed) W. CHAMPION JONES, Chairman. The Chairman having quitted the chair, it was resolved, and retried unanimously 4. That the cordial thanks of this Meeting be presented to William Champion Jones, Esq., for his able and courteous conduct in the chair. (Signed) W. NICOL, Deputy-Chairman. Extracted from the Minutes. (Signed) F. CLAPPISON, Manager. LONDON AND COUNTY BANKING COMPANY. NOTICE IS HEREBY GIVEN, That a DIVIDEND on the Capital tock of the Company of 6 per cent., for the half year ending . 30th June, 1863, will be PAID to the Proprietors, either at the Head face, 21, Lombard-street, or at any of the Company's Branch Banks, ( n and after MONDAY, the 17th inst. By order of the Board. W. IPKEWAN, General Manager. 21, Lombard-street, August 6, 1863. N EUSTADT CHARCOAL IRON WORKS COMPANY (Limited). Capital £230,000, in 11,500 Shares of £2O each. Deposit on application 10s. per Share, and £1 10s. on Allotment. The calls not to exceed £5 per share during, the first three months. and no further calls to be made payable at shorter intervals than Three Months. In the event of no Allotment being made, all Deposit s to be returned in full. The Company will be formed under the English law of Limited Liabilify. The Articles of Association will secure to the English Shareholders the right to elect two-thirds of the Directors of the Company durin the first seven years. The amount expended in these works exceeds £340,000. The purchase-money, to be paid by instalments. is £160,0)0 ; and this amount, with £40,000 for gradual extension of the works and working capital, will, it is estimated, be sufficient to carry on the undertaking profitably. Total present Capital required ................. ..£200,000 Of which a Mortgage ma y remain at 5 per cent of.. 50,000 Leaving Net Capital to be raised £150,000 Upwards of 4,000 Shar3s have already been taken, amounting to 80,000 Leaving; 3,500 Shares now to be taken, amounting to 270,000 DIRECTORS. harks Buck, Esq. (R. Buck and Co.), 1, Crosby-square, Theodore Erich, Esq., (F. Steigerwald), 77, Newgate-street, I , ondon. and Munich. William Fowler, Esq., Sheepbridge Iron Works, near Ches terfield. John Hed ey, Esq., her Majesty's Inspector of Works, Derby. Ado strelpet. Knapp, Esq. (Lo e d er, Knapp, and Co.), 1, New Broad- &ward Nehse, Esq., Nenstadt Charles Phelps, Esq., 3, Rood-lane. James Taylor, Esq. (James Taylor and Co.), 13, Penehurch buildings. SOLICITORS. Messrs. Hargrove, Fowler, and Blunt, 3, Victoria-street, Westminster. BANKERS. The Consolidated Bank, 4. Lombard-street, London, and Manchester. AUDITORS. Messrs. Chadwick, Walford, and Adamson, 27, Great George street, Westminster, and 75, King-street, Manchester. Temporary Offices-27, Birchin-lane. This Company is established for purchasing and working the celebrated Iron Works, situate at Neustadt, on the Hanover and Bremen R. , ilway. These important works, well known in Germany for the production of Charcoal Iron, were established in 1856-58, at a cost ex eeding £340,000. According to a report by John riedley, Esq., of Derby, one of ll.M.'s Inspectors of Mines (which report may be seen at the Office), the works consist of two blast turnaces— a foundry ncontaining s cupola and arrangements f or a l arge cast i ng busi nes forge—bar and plate milli with eight pairs of rolls— shears—lathes, &c., capable, with slight additions, of turning out annually 5,000 tons of boilerplates, and 3,000 tons of bars, the whole of the mac hi nery worked by steam _power— together with ampl e storehouses, workshops, and offices, and cottages for twenty-five families. The buildings are of a more substantial kind than is usual for coast such purposes i n E ngland, and the machine, y, which is rnoted with all recent i mprovements, is in excellent condition, having been used for a short time only. The deposit o f iron ore belonging to the works y is practi cally i nexhaustible ; it is of ve r y pu re quality, of the s irne composition as the clay band of the coalmeasures, and con tains from forty-two clay forty-four pee G o vernment accordin g St the analysis of Dr. Percy, of the School g Mines in London. As this mass of ore lies open to the w d a y o It is worked without the expense of sinking shafts, pum p- The &c. fuel employed being half woo d c h arcoal and half peat, entirely free from sulphur and phosphorus, plates and all other descriptions of the finest quality are manufactured. The extensive forests in the neighbourhood, and an inex haustible deposit of peat from 2u to 30 feet in thickness— which is prepared at the works—supply the requisite fuel at a cheap rate. Cok e d it supplied by neighbouring collieries, of a quality equal he best North of England coke, with which superior Iron for casting purposes can be made, and for which there is will x leave ten 8 yaeladregmeapnrdofitivt.roughout Germany, at a price which The Iron tare of first-clads_s_ made at these works is adapted for the manufac tenacious and plat a feo piliates, bars, tyres, and steel ; and from the rior armour " c character of some of the mixtures, supe yancer ,•hips can be manufactured. For the cmve property in eir,iqt fuel ,nd products of the works the t miles of railway, three feet gauge, besides two and three ngs connecting the miles of main line, branch and of Germany. Isvuaourr:ksearwAh the Hanover and Bremen line, and thus wito all about fifty acres (65 Morgen` The works are erecta ix ' o f freehold land, and therriu! Which a e,opyhold farm of 172 liforgen (about 130 acres) on the Iron ore is worked gw:discilla farm house and home twentyof Puddle Iron and about understead feoernteheesstieunuan' comprisin g p ri sin Six hundred and of tons P-eces of dried peat rernai ed in the puschaae. of the excessive outlay made by the Com n upon the property, And nweou nlm,bei be includ ed lui e le i c i rl, eu ed i together svith the mercan fficulties brought p a ny who e s s io ta n bl a i t sh t e h d at th p e er vv io o d r , khe nanciai di e i d at a very low t, le depression voorrkginal cost. them to stand. The whole is now O ff er f 2 ' l(o,ooo—being less then haft the revessaril - nee Pric e °",-;" ny now purchasing the 1 The k_oinpa , I 1 may at o avoiding the delays Y attendant erection of works of such finit u d e, ma on the first )ect of an early dividend , and there commence bus ine , s, fore with p a - 11" id resident Manager will be sent from Eng- A n experience land. cap ital f £230,000, with the exte i 1 his total cap leercarefully estimating the na ons Upon Ildy, a cost of Proposed, Mr. the supposition that the present high produltion, an d e co the _ Zollverein on foreign iron are repealed protective duties of d fury ears to come) shows a clear profit • h is not expecte With the first issue of 7,500 shares (which is cent. . . , of upwards of 20 per t X 150,000, the works can be started t o a capital o and 4,500 tons of plates annually ; representing .00 of bars, t the rate of 5 per cent on the produce 1, tons rest a i t per cent. may be realised and atter paying' Al dividend of 11 p in re-rollingrealised. rails mortgage of X 50,000, a ble item of prof i t 1 i h t _prisent are There is also a considerable stem w hich a of the G, rtnan and Austrian r Works, wait a carriage of al,: • Iron sent to the Westphalian miles beyond Neustadt. coke iron, re- The hthe unissued shares additional f u rnaces for man ufacturing commended by Air. Hedley, and forwh ic the pre. d for , ss. per ton, will be called, wil • be post, one h sentcost of ore to t d ' The prospectiv.. reduction in the 1 ildesheim is consucte r 11 y when the line f rom Ri ng l e h e i m to I about L 6,0 00 annua lly to the mixt ure o f coke iron, w ill add to the profit s . li ca ti o n may a Bankers Prospectuses and forms of App had at the -rr be T emporary Offices, and S o licitors, an of the Brokers, 0 of the Company, N°. 22,188. MRS. MACKENZIE DANIELS' NEW NOVEL. AFTE R LONG YEARS. ":firs. Daniels has touched cords that will vibrate in every heart ; and her book is so gracefully written, and so interesting, that it must gain for her increased fame." — Advertiser. . New Novel by the Author of ":11eca Garland," SKATING ON THIN ICE. " It is full of interesting situations." —Observer. T. C. Newl T , publisher, 3 ~ Welbeek-street, Cavendish square. to CHEAP TRIP to LONDON. — A II vißitorq the metropolis should see LONDON at the COLOSSEUM, Regent's-park. This is without exception the most beautiful and stupendous work of art ever exhibited in this or any other country. One Shilling* to the whole Institution. Acting Mana g er, Mr. A. NIMIIIO. LISBON. —To TOURISTS.—The TacrUS is one of the grandest rivers in Europe. See it and the CITY of LISBON before and after the Earthquake of 1755 at the COLOSSEUM. The most extraordinary exhibition of a scenic nature ever brought before a metropoli tan audience."—Observer. "The most thrilling effect we ever experienced."—Court Journal. Admission, One Shilling. T O EXCURSIONISTS.-_All who intend visiting France should first see PARIS at the COLOSSEUM, Regent's-park. "One of the most extra ordinary pictures ever exhibited."—Times. "The Pau orama is magnificent, and equally delights and surprises the be holder."—Morning Post. "The Colosseum, with all it.' wonderful attractionF, is decidedly the most charming resort in the metropoiis."—Dispatch. Morning, 12 to 5; Evening, 7 to 10. TH E OXFOR D, 6 , OXFORD STREET, W. THIS EVENING, will be performed Operatic Selections from Sir Henry R. Bishop's THE SLAVE and Halevy's MUSKETEERS (first time in England). Principal Artistes—Miss Russell, Miss Ellison, Messrs. Green, Bernardi, Huish, &c., with full band and chorus. Conductor, Mr. F. Jonghmans. Flute Solos by Drew Dean drc. Comic, by UNSWORTFI ("or any other man"), Eugene, W. Randall, E. Righton, and A. Lloyd. Also, a Performance by Herr SCHALKENBACH on his wonderful instrument, the PIANO ORCHESTRE, contain ing a full baud of 40 instruments. he HALL has just been newly Decorated and Ventilated, and is one of the most Beautiful in the Metropolis. Open at 8 o'clock. Admission, 6d. ; stalls and balcony, is. ; private boxes, 10s. 6d, N OTICE. —The GHOST! GHOST !! GHOST!!! AT CANTERBURY HALL. 'lwo representations of Professor Pepper's startling Illusion will be given on Mondays, Wednesdays, and Salurdays, at Nine and a quarter• past Eleven o'clock; other Evenings at Eleven only ; and produced with all the newest improve ments by Mr. A. Silvester, which can be seen only at this establishment. Dramatic Readings by Mr. Graham, in addition to Grand Operatic Selections, Cantatas, Glees, Songs, Comic and Sentimental, and UNSWORTH, the Stump Orator. Open every Evening at half past Seven. Admission, Sixpence. ROYAL ALHAMBRA PALACE. The FAIRY FOUNTAIN EVERY EVENING, at IS ine and Eleven o'clock. ROYAL ALHAMBRA PALACE.—Sienor and Signori FRANCESCO in a Grand Divertissement and Pas Deux--Operatic Selections from " Ernani " and "Lucia de Lammermoor." Miss M'Gregor, Mr. Laurence Albert, Signor Georglni, Mr. Vernon Rigby, &c. Ar.c. Band and Chorus of Sixty Performers. Conductor, M. Sthallehn. CHEAPEST PASSAGES to all the Colonies. PASSAGES guarantee) at CHEAPEST RATES to AMERICA, CANADA. BRITISH COLUMBIA, AUSTRA LIA, NEW ZEALAND, PORT NATAL, the CAPE, &c., &c., by Mail steam and Clipper Sailing* Ships weekly from LONDON, LIVERPOOL, and other ports. Steamers for AMERICA and ''ANA DA, every few days, from £4 Ws. to £5 55., sailing packets £3. Passengers met at all the Stations and conducted to the Docks, thereby avoiding much imposition, trouble, and annoyance. Free Grants of Land obtained and Outfits pro vided. Through Tickets issued to all the chief Ports in Aus tralia and New Zealand, and the Towns and Cities of the United States and Canada, also to Halifax and St. Johns. Full particulars, tree of charge, upon application to PEARCE and CO., First Floor, 100, Leadenhall-street, City, London, or 43, Union-street, Liverpool. ' Panels and packages collected, shipped, and invoiced. ESTABLISHED 1833. BOWDEN'S JERATED GINGER BEER, in glass or stone bottles, warranted to keep goo d twelve months. Lemonade, Soda-water, rotass, Seltzer, and every description of Mineral Waters.—Manufactory, No. 3, White Hart-street, Drury-lane, W.C. 110 WELL, JAMES, and CO., respectfully announce that, in accordance with their custom at this season of the year, they will OFFER THIS DAT, and durinn the month, their STOCK of FANCY SILKS, LIGHT DRESS FABRICS, LACES, RIBBONS, LINGERIE, EMBROIDERY, &c., at a VERY LARGE REDUCTION IN PRICE. H., J., and CO., will offer, at the same time, a quantity of RICH FRENCH SILKS, principally MOIRE ANTIQUES, and a variety of beautiful ORGANDI MUSLINS, which they have recently purchased at about one-half the value. TEA.—MOORE BROTHERS respectfully inti mate that their New Prospectus is now ready. They especially recommend their improved Family Tea, reduced to 3s. 2d. ; Souchong, reduced to 38. ed. ; mixed Assam, re duced to 38. Bd. ; and the finest Assam, reduced from 4s. 4d. to 3s. 11d. per lb. MOORE BROTHERS, 33, London-bridge, City, E.C. GIPECTACLES.—The Patent Newly-invented Li Tinted Spectacles are patronised by the majority of the Nobility, including Viscount Palmerston. They afford extra ordinary relief to weak, dim, and detective vision.—S. and B SOLOMONS, Opticians, 39, Albemarle-street, Piccadilly. CARD PLATES ENGRAVED. Any Pattern 50 BEST CARDS, Printed from Plate REAL MOROCCO CARD CASES 1,000 BUSINESS ENVELOPES, grummed. • 3 s. NEWSPAPER ENVELOPES, 4 doz. F. ARNOLD, Manufacturing Stationer, 86, Fleet-street, E.C. KEATING'S PERSIAN INSECT DESTROY ING PO VVDER, for which a Prize Medal was awarded to the Producer at the International Exhibition, 1862, This Powder is quite harmless to animal life, but is un rivalled in destroying Fleas, Bugs, Flies, Cockroaches, Beetles, Gnats, Mosquitos, Moths in furs, and every other species of Insect. Sportsmen will find this an invaluable remedy for destroy ing Fleas in their Dogs, as also Ladies for their Pet Dogs. Being the original importer of this now invaluable article, which has found so oTeat a sale th a t i t has tempted others t o vend a so-called article, the public are therefore cautioned to observe that the packets of - the Genuine Powder bear the autogragh Of THOMAS KEATING. Sold in packets, is., 2s. 6d., and 4s. 6d. each, or post free for 14 or 38 postage stamps, by Thomas Keating, chemist, 79, St. Paul's-churchyard, London, E.C. RUPTURES.—BY ROYAL LETTERS PA TENT. NVHITE'S MOC-MAIN LEVER TRUSS (PERFECTED AND EXHIBITED IN THE GREAT EXHIBITIONS of 1851 AND 1862), is allowed by upwards of Two Hundred Medical Gentlemen to be the most effective nvention in the curative treatment of HERN I A. The use of a steel spring, so otlen hurtful in its effects, 's here avoided—a soft bandage being worn round the body, while the requisite resisting power is supplied by th e Moe-Main Pad and Patent Lever, lifting with so much ease Lnd closeness that it cannot be detected, and may be worn luring sleep. A descriptive circular may be had, and the truss, which cannot fail to fit, forwarded by post, on the cir cumference of the body, two inches below the hips, being sent to the manufacturer, Mr. WHITE, 228, Piccadilly. A Single Truss, 165., 215., 265. 6d., and Ms. 6d. Postage, is. 1 Double Truss, 31s. 6d., 425., and 525. 6d. Postage, is Bd. An Umbilical Truss, 425. and 525. 6d. Postage, is. 10d. Post-office Orders to be made payable to John Whlte,lPost office, Piccadilly. NEW PATENT ELAST IC STOCKINGS, KNEE-CAPS, &c., for Varicose Veins and all oases of Weakness and Swelling of the Legs, Sprains, &a They are porous, light in texture, and inexpensive, and are drawn on liYe an ordinary stocking. Prioe 45. 6d., 75. 6d., 105., to 165. Nish. Postage 6d. JOHN WHITE. Manufacturer. 225. Piccadilly. ROYAL NATIONAL LIFE-BOAT INSTITUTION (Incorporated by Royal Charter). PATRONESS—Her Most Graeious Majesty the Queen. PRE SIDENT—Vice-Admiral the Duke of Northumberland, K.G., F.R.S. CIIAIRMAN—Thos. Baring, Esq., DEPUTY-CITAIRMAN—Thomas Chapman, Esq., F. R.S. V.P. APPEAL. The Committee of Management have to state that, since ,he beginning of the year 1860, the Royal. National Lifeboat Institution has expended £32,000 on various Lifeboat Estab lishments on the Coasts of England, Scotland, and Ireland. The number of lives saved by the Life-boats of the Society and other means, since its formation, is 12,800; for which services 82 %old Medals, 718 Silver Medals, and £16,480 in c as h h ave been paid in rewards. The Institu tion bas also expended £67,000 on Life-boats, Life-boat Tra nsporting-carriages, and Boat-houses. The Committee desire to express their grateful sense of the generous support which they have received from the British public during the past few years, a support which has ertab'ed them to establish their present magnificent fleet of 123 Lifeboats on the shores of the United Kingdom. Deeply sensible, however, of the great responsibility that rests on them to maintain their fleet in a thoroughly efficient state, and its Crews practised in the management of their boats, whi h can only be effmted by a large and permanent annual income, they earnestly appeal to all classes of their ountrymen to aid them in u ph o l d i ng and perpetuating so great and truly national a work. The Committee gratefully acknowledge the following con tributions:— £ s Her Majesty the Queen • • • • .. annual 50 C . d 0 Campbell, the Hon. Mrs. G. • • • .. • . annual 50 0 Clerk, Colonel, R.A. .. .. . .. annual 11 0 Coutts and Co. Messrs., Bankers .. .. annual 10 0 0 urrie, Wm. I::sq., .. .. .. .. 4th d oa.lo 0 0 Erle, Lord Wm., Justice • • • ' don. 10 10 0 F :f a so u po s or h e a : : 1 e ze ,: c r . a i G ce .i - ial . ~ 2 :7 1. Sir . A . . , K ..C . . B . .. .. 2d don. 25 0 0 Fenwick, G. J., Es , cost of a .. Lifeboat a.r.iddTorna.n -.. 250 0 0 " ar veY• Rev. G. G and Mrs. • • • • • don. 1 3 5 1 0 5 0 0 51artin, Sir Henry • Bart .. .. .. 7th don. 10 0 0 Smith, Mrs. George, Gre • e • nwich • • 30 0 I S , t h ir o l ing, Col. Sir An - thon K 2 0 0 LaradylilLpadY, Weston-super . -!fare . ,. collec .. tedby .. her 16 16 0 Willoughby d'Ere — sb , Eord '• • • annual 50 0 P ° ,, nat iorls and AZ 1•4 hscriptionswillbe thankfully re ( . v . e' o, b S Y t t a h n e d Percival, and co ; 11 ; i nke u r a '- f u the Institution, Messrs. Willis, rs. r Jamei's-street, Lolled Richard Lewis Y 1' the Collectors of Customs 7 . 6 . , 8 L Lombard-street; a r e d s - s F t r a e r e a t u ; har. Messrs. and C c o o u . , t t l s 6, ag and Bankers in fee xjt ; ed b n a gdo • and by the Secretary John-street, A.delp London, W.C. ' I :, a t t the Office l' of the Institution,' 14, r~r.: ~',.,.. - 7 ,--- NEWSPAPER C.....- --- : --- ---, ----- -e - e;} . _. , '. ..Z.P. , , ...,:. .1r . , , . . . ' , L . . .X . ," - 4,110. 1 , '' i'. 4. 1 _4: TAr•—• 1,, • • , ~. t'' ‘f • .1 1 1;•%:1 ' . s liif, - .. 4k i . _ __- --- , i / new 44, i , r ------in a ell, accession w f hich could only lead , .7 .1 2 : W0 . , ( 414 . . - .-- 4. . 9.1 r - ' N ' ' ' ' . " " * - • - " " - - - . . . , ~1 1 I 111 I I I I I II I I I I ihhb-. '''''s i+ ii , 1%,:• , . i • . •, 144 ..,,, • ~., . 1 (134 :, ''d* '' Ak\ i l q 'Ft ) 4.- _ .,-,-.1 , \14,4 * _ ,_,-.. - ,.....,, , , ,, (,... , i,,,,,..1i . ,,, 1 ,....,_hri i .,, ,,,,r, ~ .?„, ..,7 ~*-. -t- aa,,,, " r g _......_... ‘._ 40-, 4 401111 1 i - d i s .r.o. 7 - g ....- ' '11; „ -7- ‘ - "‘ ' ' ' -1 b ill& --- --- .i`si ' :I t \ ..1 - R It'ii ‘ 6 4:,, tinned in the report. (Hear, hear.) Anoth ..tMli, Aken place i ;hp an • .'.-'' ' 4 11r. - -'* "- ' 7067 , 4 .',,, -.... j r, c . DIE r i t - 11 Zillellf N."' - 1:.-'... AM. --, 4 8 ' -77", *.-:--- S ' , r -'m-!'ir. 'o f , It° ~.• .-- e 'V -ZICETM!V›- -iS =,,— In the year la* fill). - %a+ 2 n c i--- -- -te - .e / -z..er -. ~; :_.& r -Ge- - able fact is the increase which has ta of the life funds. (Hear, hear.) balance was £191,342; for the year 1862, it was £257,022. There was, therefore, an increase of funds in 1862, as com pared with 1861 of £66,580. (Hear.) Now, as the life premiums for the year are only £105,703, the result shows an increase of funds, arising from the year's transactions, equivalent to 62 per cent, of tne premiums received in the same time. (Hear, hear.) Then, gentlemen, ac to the general nature of this increase in the tevenwo, it is satisfactory to remark that it is not confined to one place, or one country, which would indicate, probably, too great a concentration of risk, but is spread over the four Continents, and the Australian Colonies, in somelhing like a corresponding ratio to the former business of each, This is verymuch better than a sudden, perhaps temporary advance, in one place, to be followed by a period of distress and col- lapse. (Hear, hear.) Where an increase is spread in this way, over a great number of countries, it is much mare likely to continue than if it took place in one or two countries only. Well, gentlemen, the profit of the year shows an in creasing average ; and, although we cannot command suc cess, I trust you will think that it is evidence, to somi , extent, ettoooofnrxesuno e:consequence efv watchfulnesswhich the excellent hh a en your effect c ue care r t e dp oniorroffie de t cut h eoc e rress p d o a pof r nr t toh o p e f o thetscheE:e mxascp haanny d g. mentionedoe f s ( D bi r e t e ahi e rne; rheeqauri.riniTehnetsprooffitthoen law,the a N n o d r w th hich h American av esbte b i elulasginoeinssgaomn depreciated ouanlitnes y w te ar c f a a r r r e y w to hi t c h h e i a s, cc u o n u h n a t p o p f i t ly he , investments which have . been made in that country, in conformity with the d th ep e l r o e r p ab o l r e t, profit on the other branches of your Fire business amounts for for the past year, to the sum of £45,107. Out of this fund the directors recommend a dividend of three shillings per share, and a bonus of four shillings per.share, making to gether seven shillings per share, which will absorb £34,000, and leave a balance of £11,107. Thi s sum the directors ' propose to place to the credit of profit and loss, which will then have the credit balance, as on the 31st December, last of £58,042. The Rsserved Fund amounted on the same day to £96,262, so that these two items together make an aggregate of £154,304. One other topic you will probably expect me to allude to. The directors have long felt the impor tance of obtaining offices in. London, more commensurate with the importance and magnitude of their business than those they now occupy ; and they have secured, after a long delay, a plot of land in Lombard - street, which is eminently to their wants, upon what are considered, by those well qualified to judge, very favourable terms. After pro aiding for your own requirements, there will remain a large amount of office accommodation, which the directors of the London Board expect to be able to let, at highly remunera tive rents. (Hear.) The land has cost £45,000; and it is estimated that the erection of the building—with furniture, interest, and architect's commission—will involve a further outlay of £25,000. The entire expenditure, therefore, will be £70,000, for which your directors do not doubt you will receive a good rate of interest. The building at Montreal is nearly finished; a large portion of the offices are already let, and it promisee to be an excellent investment. Nothing further occurs to me, at this moment, to remark upon; but I shall be happy to answer any question which may be put to me, and to give any additional information which any proprietor may require. I beg to move— " That the report now read be received and adopted, and printed for circulation amongst the proprietors," Mr. T. Boum seconded the resolution, which was car ried unanimously. It was then resolved—" That this meeting approves of the declaration by the directors of a dividend of 3s. per share, and a bonus of 4s. per share, out of the profits of the com pany, to the 31st Dec., 1862,—the same to be payable on or after Moaday, the 17th of August instant, free of income tax." The following resolution was also carried with unani mity :—" It being stated that during the past year Francis J. Johnston, Esq., and Henry Royds, Esq., had been elected directors, and that the following directors retire by rotation at this meeting, but were eligible for re-election, viz. :—Geo. Booker, Esq., Jas. Holme, Esq., James Law rence, Esq., David Cannon, Esq., T. D. Hornby, Esq., John Torr, Esq. Resolved that the retiring directors be re-elected directors of this company." The auditors, Messrs. Titherington and Younghusband, were also re-elected. It was then unanimously resolved :—" That the thanks of this meeting be presented to the chairman, deputy chair man, and directors of the company; to the directors and secretary of the London branch ; to the members of the managing committee, and the company's agents at New York; and to the members of the respective Boards of Management in this country, for their valuable services during the past year." On the motion of the CHAIRMAN the best thanks of the shareholders were unanimously accorded to Mr. P.M. Dove, and the staff generally. Mr. PERCY M. DovE, in returning thanks, said—The contents of the report and the speeches of the chairman and other gentlemen leave me little to add to that subject on which I would wish exclusively to dwell in acknowledg ing the kind mention of my name. Yet the growing pros. peritj and still gathering strength of the " ROYal' froky - ber" shown in so many ways, that all have not even now been exhausted. (Hear, hear.) For instance, nothing could be more satisfying to our life policy holders, or indeed to our fire insurers, than to be told such facts as the following showing the increase of our resources—that 16 years since, our accumulated funds were something under a quarter of a million sterling—that eight years from that time they were double that sum ; and now that another eight years have witnessed the latter amount doubled, or, in other words, that we have four times the available and accessible funds that we had 16 years since. (Hear, hear.) These are the points with which the insurers, either in fire or life transactions, are the most interested, and such are the ad vantages derivable from these public statements of your accounts made year by year, after undergoing severe ordeal at the hands of our auditors, such as has been described. (Hear, hear.) We have, then, not to rest our claim for con fidence solely on our prestige,which in other branches of com mercial transactions have within the last few years, though ancient, sometimes only concealed gradual decay, and long existing decrepitude. We show you annually the statement of our accounts, and of your resources, so that you would not meet with any reasonable insurer, who would doubt the capacity of this company in common with other respectable companies to meet all its engagements, however great their magnitude. (Hear, hear.) It may therefore be safely asserted that if you select two insurers, one for fifty pounds and one for five thousand, each will have a moral certainty, and one not in the least degree more than the other, that assurance in the " Royal" indicates safety to himself. (Hear, hear.) Other methods of laying this matter prominently before you might be used if time per mitted, or if it were at all needed. (Hear, hear.) Every thing makes us in fact thankful for the past and hopeful for the future. (Hear, hear.) The progress of last year has been made under more than usual difficulties. We have had competition in this country to struggle with, new new of its kind and som ew hat unwise, as will perhaps ulti mately be shown in its action. Besides this, silent millp Ison a l il er7, m from pa" and a paucity of cotton , R te o l y iiy , m th o an re or less many es others, nies, tell more on the , its local habitation. Yet we h ave thankfull y to say that oobstarcleteusrnsmosotf successfully. clu ty we haveover th co e ss F e ir b tt thesra nche ur by this test which has been used l ong b e f ore one e w this. No evidence can be more conclusive than the this company w as in existence by the oldest office in the country, and s i nce th en re f erre d to by others with ex. nre ions of pride when its revel a ti ons have been favour to them. (Hear, hear.) B ut our progress this year, I may add, is more fl a tt er i ng and encou raging to the company, as it i n di cates a rapid increase still able' further of the confidence of the public. This, notwithstand ing a constant like experience for many years, has astonished the entire establishment by its results in the flow of business which has come in, and which has taxed our utmost strength to meet. (Hear, hear.) Again, the duty paid within the last six months, the test of our home fire business, is larger than ever. The new life business, both in number and in the aggregate sum proposed for as surance, the test of the other branch, fully equals the ex traordinary results of last year, (Hear, hear.) We trust, therefore, that, great as has been the revenue of the Royal Insurance Company in the last year, it will be exceeded by the results of the present year ; and, if it be as successful, lam sure we need all be well satisfied. (Hear, hear.) The meeting then broke up. A MAIDEN BY MOONLIGHT.—But that the fol lowing is a fragment from Richter's "Titan," one would be disposed to call it slightly rhapsodical ;—" Young, open, still Madonna-brow, upon which no vexation and no effort had as yet cast a wave ; and the thin, tender, scarcely arched line of the eyebrows; and the face like a perfect pearl, oval and white; and the loosely-lowing ringlets lying on the May-flowers over her heart ; and the large blue eyes which, while the head sank a little, opened up ward with such inexpressible beauty, and seemed to lose themselves in dreams and in distant plains, reflecting the evening twilight's glow," A VETERAN,—CoIoneI Waugh, at his late exami nation in the Bankruptcy Court, insisted much on the posi tion that he was an "old soldier." Nobody doubted it.— _Punch. CAFTAIN SMALES.—The following is the official letter communicating to Captain Smales the fact of a pardon having been extended to him :—" Horse-Guards, July 28, 1863.—5ir,--I am directed by the Field-Marshal Commanding-in .Chief to inform you that the Juage Advo cate-General has represented to his Royal Highness that in consequence of further information having been obt a i ned concerning the manner in which your trial by court-mar there felt him se lf ca ll e d i tial had been conducted, the proceedings are in hi s opinion vitiated. His Royal Highness, fore, upon to recommend to th e Queen, n accordance with the suggestion of the Judge Advocate-General, that her Majesty would be pleased to extend to You her most gracious pardon, to take effec t from t he date ther eo f (21 s t i n st.), but not to operate in any manner to reinstate you as Paymaster of the 6th Dragoons, and her Majesty has been graciously pleased to approve of this recommendation, and to grant yo u her pardon accordingly. (Signed) W. F. FOSTER.-- To Thomas Smal es, late Paymaster, 6th Dragoons.'' THE SUN, LONDON, SAT k lIDAY EVENING, AUGUST 8, 1863. EMEM BE 11 WE SUP AT EVANS' XIV ]VERY EVENING NEXT WEEK alter Alfred Mellon's Promenade Concerts. SEA. -- First. class APPRENTICES respired in an East Indiaman.—Far premium. name of ship, ,tc.. apply to Messrs. Laing and Co., 27, Coleman-street, Bank. No control over or interference in the outfitting exercised. ALEXANDER WILLIAMS. dPeensFd.—Pur suant to an Act of Parliament of the 22d and 23d Victoria, chapter 35, intituled "An Act to further Amend the Law of Property and to Relieve Trustees." NOTICE IS HEREBY GIVEN, That all creditors and other persons having any claims or demands upon or against the estate of Alexander Williams, late of New Brentford, in the county of Middlesex, Gentleman, who died on the 22d day of August, 18f2, and whose will was proved in the prin cipal Registry of her Majesty's Court of Probate on the 11th day of September, 1862, by William Roger Williams. of 1, Westgate street, in the city of Gloucester, draper, and Ben jamin Williams, of Cowbridge, in the county of Glamorgan, draper, the Executors thereof, are hereby required to send the particulars or such claims or demands to the said Execu tors, or to me, the undersigned, as their solicitor, on or be fore the 4th day of December next, at the expiration of which time the s Ad Executors will proceed to distribute the assets of the said deceased amcr , g the parties entitled thereto, having regard only to the claims of which the Executors shall then have had notice. Dated 6th August, 1863. J. CHAPPLE. 19, Great Carter-lane, London. THE LAUNDRESSES to h er l a t e Majesty Queen Adelaide say, that " BRIGGS' AUSTRALIAN S kARCH needs but to be tried to be approved." Sole Wholesale Agent, Harper Twelvetrees, Bromley-by . ,Bow, London, E. THE FARMER'S BAROMETER, 505., a new Instrument, by Isiegretti and Zambra, will cor rectly indicate whether the Barometer falls for Rain or for Wind. Particulars by enclosing stamp.-1, Hatton-garden ; 57, Cornhill ; and 122, Regent-street. taken possession of a portion of them. The engineer's re port shows that the whole of the expenditure in the loco motive and carriage and waggon department is represented by a rate of 10.17 d. per train per mile, and that of the Juno halt-year of 1862 by 9 97d, Three engines and tenders have been completed and placed upon the line, and three more will be finished in about a month or six weeks. The amount expended upon the construction of new engines has been £11,070; and the stock of carriages and waggons is in a good and effective estate. for the preceding six months, and £4,237 4s 11d for the corresponding period of the past year. The amount required for the payment of the dividend at the late of 5 per cent;. upon the first and second preference shares was £3,576 Os 9d, leaving a balance of £660 lls lld available for division amongst the shareholders of ordinary stock for the purposes of a dividend, on which, at the rate of 4 per cent., it would be necessary to draw the sum of £721 Os ld from the reserve fund, which would then be re duced to £5,467 19s. The directors had hesitated to under take the conveyance of passengers, but the time had arrived when they thought that the experiment might be tried with success. With respect to threatened opposition, the Ely Valley Railway had expunged those portions of the powers they had sought to the detriment of this company. The Ogmore Valley Railway's objectionable matter was modi fied, and finally brought into such a form as afforded pro mise of great additional traffic when the line was constructed and the country opened. The report concluded by stating that the directors had succeeded in making arrangements by which all litigation had been terminated with the prin cipal traders on the line. The chairman announced that the dividends would be payable on August 21, and after some remarks on the prosperity of the undertaking, the meeting concluded with the usual compliments. TRAFFIC RECEIPTS FOR THE WEEK. Miles Opened. Receipts. Railways. 1863. 1862. 1863. 1862. £ £ Belfast and N. Counties 136 136 2,378 2,357 Belfast and County Down 49 49 792 631 Blyth and Tyne 2B 28 1,895 1,895 Bristol and Exeter l2l} 121 i 7,969 8,292 Caledonian 230 230 18,045 17,237 Cockermouth& Workington 14 84 '3Ol 289 Cork and Bandon Cork, Blackrock, & Passage el 0 257 249 Cork and Youghal . 32 324 545 404 Cornwall 53 531 1,639 1,702 Deeside l7 17 351 422 Dublin & Belfast Junction 63 63 1,380 1,276 Dublin and Drogheda 75 63 1,866 1,854 Dublin and Meath Dub. & Wicklow and Wextd 544 481 3,174 2,783 Dundee, Perth, & Aber. Jun 3l 31 Edinburgh and Glasgow l69} 1691 9,183 8.537 Forth & Clyde Junction 3O 30 Furness, 4 . rc , , Glasgow & South-Western l9B 198 9,583 9,204 Gt. Eastern,Nrfk.,&E.Union 663 644 32,626 32,347 Great Northern 351 351 33,340 33,327 Great North of Scotland 5B 58 2,032 1.950 Gt. Northn. & Westn. (Irel.) 7ll 561 302 336 ilt.Southn. & Westn.(Ltind.) 3541 329 8,498 7,993 Great Western 1056/ 10041 67,297 70.939 Inverness & Aberdeen June B6/ 862 1,488 1,301 Irish North-Western 145 145 1,586 1,921 Lancashire & Yorkshire 39 394 38,090 33,963 Limerick and Ennis... 24 241 183 170 Limerick and Foynes 2 261 94 116 Llanelly London & North-Western London and Blackwall 5l 51 2,183 2,210 London & South-Western Loud. Brighton, &S. Coast 2501 2414 29,569 30,550 London, Chatham, & Dover 72 224 6,642 6,693 Do. Metropolitan Extension 104 - 1,480 - Lond., Tilbury, & Southend Kan.,Sheffield, & Lincolnsh Manch. S.Jun.&Altrincham 9.1 91 ,1,548 1,377 Maryport and Carlisle Metropolitan 3l - 1,979 - Midland (incl. N.-Western) 641 6141 45,503 44,677 Midland Gt.Westn. of Irind 2591 1921 4,190 4,005 Monkland 7ll 711 1,460 1,585 Monmouthsh. Rail. & Canal 44 44 2,513 2,236 North British, Edin., Perth , and Dundee ' 4lok 410 i 15,029 13.948 N-Eastern and Stock. & DarL 10791 10611 57,347 54,734 North London 9 9 3,454 3,469 North Staffordshire 254 252 8,751 8,233 Oswestry and Newton... 5O 42 1,267 1,030 Rhymney l9l 19} 923 797 St. Helen's Canal & Railway 52 52 2,043 2,057 Scottish Central Scottish North-Eastern l3B 138 6,200 5,633 Somerset and Dorset 39 39 1 392 374 South Devon South-Eastern 306 306 30,197 32,134 Taff Vale 55 55 5,673 5,064 Ulster 641 51} 1,904 1,906 Vale of Clwyd . . 10 10 270 217 Vale of Keath 2s} 25} 2,571 1,913 Waterford and Kilkenny 3l 31 394 380 Waterford and Limerick 77 77 1,025 1,630 West Cornwall 27} 2711 727 760 W.HartlepoolHarbr.&RaiL 39 39 5,215 4,099 W'haven,Cleator,&Egrmnt 7 7 622 484 Whitehaven Junction... _ l2 12 837 630 Whitehaven &Furnessun 35 35 806 724 FOREIGN AND COLONIAL. Antwerp and Rotterdam 52 52 1,361 1,424 Austrian B2B 828 _ .. ....... Belgian Eastern Junction 26.1 26i - - -- Bombay, Baroda, & Cen. India 1854 1854 Buffalo and Lake Huron l6l 1614 1,921 1,748 Detroit and Milwaukie lB5 185 2,688 3,212 Dutch Rhenish lOBl 1081 6,426 6,402 Eastern of France....— lO7B 1060 51,718 51,913 East Indian - _ _ Grand Trunk of Canada lO9O 1090 16,072 14,093 Great Indian Peninsula 5381 on 10,658 6,997 Great Luxembourg 134 134 4,357 4,321 Great Southern of India Great Western of Canada 345 345 8,126 8,299 Madrid, Saragossa &Alicant 499 435 19,142 16,912 Northern of Canada Northern of France 697 691 Norwegian Trunk Ottoman Paris, Lyons, & Mediterrn 1491 1354 128,350 127,667 Paris and Orleans 1340 1204 57,000 56,793 Pernambuco 77e -- 577 Royal Danish 69 69 900 897 Sambre and Meuse 6B AR 1,421 1,486 South Austrian Southern of France .... 777 777 28,508 28,523 Victorian 196 151 8,943 5,103 Welland.... ........... West Flanders ... 75 75 1,171 1,019 W. and N.W. of France 758 758 45,874 42,750 RAILWAY INTELLIGENCE. GREAT WESTERN RAILWAY. Yesterday a special general meeting of shareholders was held at the Paddington Station, in pursuance of the 52d clause of the Amalgamation Act of 1863, to elect 17 pro prietors, exclusive of Sir W. W. Wynn, who by a clause in the original act is a permanent director, to represent the board of the three companies (Great Western, South Wales, and West Midland) ; the Hon. F. Ponsonby in the chair. The following is a list of the names proposed by the di rectors :—The Hon. Spencer Walpole, Mr. Anthony K. Baker, Captain Bulkeley, Mr. Edward Hamilton, Mr. Ed ward Lemming, Mr. Richard I\litcheil, Mr, Micklewaite, Mr. J. W. Miles, Mr. David Ogilvy, the Hon. Frederick Ponsonby, Mr, Richard Potter, Mr. Alex. Wood, Mr. Row.. land Venables, Mr. Edward Wanklyn, Mr. Chas. Whetham, Mr. John Williams, and Mr. Thos. Williams. The following list was circulated as the " Shareholders" List :" " Sir Watkin W Wynn, Bart , Wynnstay. " Members of the Board—Edward Leeming, Esq., Richmond, Surrey; J. W. Miles, Esq,, Bristol; Thomas Wil liams, Esq., London; D. Ogilvie, Esq., Sydenharn ; John Williams, Esq., Chester. _ _ . " Nominated by the Shareholders' Committee —Edw ar d Wanklyn, Fulmer -place, Slough; Richard Mitchell, E sq ., 2, Ladbroke-square ; Charles Whetham, Esq., 53, Gordon square ; Edward Hamilton, Ehq., 32, Upper Brook -street ; Richard Potter, Esq., Stonehouse,Gloucestershire; Charles Alexander Wood, Esq., 25, Chesham-place. " Proposed for Election under the Act—Benjamin Smith, Esq., Bron Sieont, Carnarvon ; Richard W. Johnson, Esq., Bricklehampton, Worcestershire; Charles Jack, Esq., Beech-hill Park, Barnet; Colonel James R. Weston, 12, Albany ; Richard Fort, Esq., Read Hall, Lancashire ; Thomas Adams, Esq., 19, Bread-street, and Lewisham, Kent ; or any other proprietor more eligible. "Reconstruction, not Disorganisation." The CHAIRMAN, in opening the business, said that Walpole, who should have presided at the meeting, was summoned to Ireland to give evidence on a trial in that country, and he was thereby prevented from being present that day. As this was the last meeting to be held under a board representing exclusively Great Western interests, he felt it to be his duty to explain t 3 them that it was held ex clusively for the purpose stated in the notice. There were 17 vacancies to be filled up, and 22 candidates. The chairman then explained how he would put the question to the meeting. Mr. MALINS asked how the proxies on each side stood ? The CHAIRMAN said he believed there were 29,000 votes, representing £4,500,000, in favour of the reconstruction of the board as proposed by the directors, and 10,000 votes, representing £1,500,000, in favour of Mr. Adams, who re presented the committee of shareholders. (Cheers.) He then proposed that Mr. Walpole be elected a member of the board. Mr. BROWN, a member of the committee of shareholders, seconded the nomination, on the ground that there was now no difference in the policy pursued by the board and that proposed by the committee. Mr. ADAMS urged the necessity of not re-electing the Hon. Mr, Walpole, the Hon. Frederick Ponsonby, and the majority of the other names proposed by the directors. The manner in which the Metropolitan line had been worked showed that the board was not deserving of the confidence of the shareholders, The Metropolitan line, if worked at 50 per cent. of the working expenses, would entail a loss of 28,000 a year. He contended that by repudiating their agreement the directors had cut themselves off from the communication with the City, and had admitted the Great Northern into a most useful and advantageous station. The CHAIRMAN said that the meeting was not competent to enter into the question of the arrangements with the Metropolitan, and it would be very improper to do so; but he would simply say that the meeting must not take Mr. Adams's statement as correct. (Cheers.) Mr. ADAMS concluded by proposing the election of Mr. Benjamin Smith, Mr. Richard W. Johnson, Mr. Chas. Jack, and Col. Jas. B. Western, as directors of the new board. Captain BRIGGS seconded the resolution of Mr. Adams. The nomination of Mr. Adams was also proposed and seconded. After considerable discussion, the names of the gentlemen proposed as directors by the Great Western board were put seriatim, and for each of them a unanimous majority by show of hands was declared. At the announcement of the result in each case Mr. Adams, amid most derisive cheers and laughter, demanded a poll. Several shareholders ap pealed to this gentleman not to put the company to the an noyance and expense of a poll for a useless purpose, as the directors held more than three to one of the proxies of the shareholders. Mr. Adams, however, would not yield, whereupon several shareholders present said they had come to the meeting prepared to support Mr. Adams, but after what they had heard and seen, they would certainly give their support to the directors. Mr. WILKINSON said—Then you prefer a discreditable defeat to a graceful retreat. (A laugh.) It was finally announced that the poll would be taken at the close of the meeting. and would be continued on Satur day and Monday until 12 o'clock, and the meeting was ad journed to three o'clock on Monday for the purpose of re ceiving the report of the scrutineers. A vote of thanks to the chairman brought the protracted meeting to a close. LONDON AND SOUTH-WESTERN. - - - The report of the directors.of this company, to be pre sented to the shareholders at the half-yearly meeting on the 13th inst., shows the net revenue for the six months, after deducting interest on loans and all other preferential eharges to be £164,905 17s ld, which, together with a surplus of £3,039 5s from Dec., 1862, leaves £ 16 7, 945 2 s ld available for a dividend, which.is recommended at the rate of 4 per cent. per annum on £7,425,564 13s 4d of paid - up capital, amounting to £167,075 4s Id ; and leaving £869 18s to be carried over to the current half-year. The gross revenue for the half-year exceeds that of the corresponding period of 1862 by £67,017, which may be partly attri buted to the traffic of the North Devon and Bideford Lines being brought into account. As, however, the re ceipts of the spring of 1862 were favourably affected t , y the Exhibition traffic in May and June, the increase is very satisfactory. From a tabular comparison of the two half years it appears that the mileage has been increased by the addition of 501 miles of railway, and that 247,506 more miles have been traversed during the period of 1863 than in 1862. The passengers number 43,789 more, the working expenses are £32,956 greater than during the corresponding half year of 1862. The total receipts are £625,646, as against £558,628, and the net revenue £301,691 as com pared with £268,210. The miles run in 1863 were 2,472,247, and in 1802, 2,224,741; the passengers conveyed in 1863, 433,070 ; in 1862, 389,281 ; the taxation in 1863, .C 29,712 ; and in 1862, £29,132. The goods department also shows an increase of £24,155, the figures being--1863, £177,593 ; 1862, 153,438. The permanent way continues in good working order. The company had during the past session introduced bilis for the extension of the North Devon line from Barnstaple to Ilfracombe, and the Epsom and Leather head railway to Guildford ; but both of them had been thrown out. They purpose renewing them, however, at an early opportunity. They had also opposed ten other schemes for new railways, six of which had been withdrawn, two more were rejected on standing orders, and the remaining two were defeated in committees of the House of Lords. In order to provide for the increasing requirements of the Channel Island traffic, the directors have entered into a con tract for the construction of a fast paddlewheel steamer, combining all modern improvements. She has been launched and will be ready to be placed on the station this month. Amongst other works in hand the Petersfield Railway is proceeding satisfactorily, and will probably be completed for traffic at latest in the eneuing spring. The doubling of the Southampton and Dorchester line has been com pleted, and is open for traffic, but equal progress has not been made on the Salisbury and Yeovil Railway, the execution of which lies with that company. The build ings for the new workshops and engine and carriage sheds are nearly completed, and the company's establishment has GREAT EASTERN. The second half-yearly meeting of the amalgamated com pany will be held at the London Tavern, Bishopsgate-street, on the 13th instant, at one o'clock. The revenue account exhibits the following :—Receipts, £720,249 16s 8d; expen diture, £352,772 13s 8d ; total, £367,477 3s. Less—Pay ments to Northern and Eastern and other companies, and interest on guaranteed and preference stocks, mortgagee, &c., £323,165 is 11 d ; balance, £44,312 is ld. The above balance of £14,312 is ld, together with the sum of £15,190 19s sd, the surplus after the payment of the dividend for the half year ending December 31 last, make a total of £59,503 Os 6d; this amount, less the deductions set forth in the general revenue account, will admit of a dividend for the half- year at the rate of £1 5s per cent. per annum being paid on the ordinary stock of the company. This will require 452,246 15s 3d, leaving £3,256 5s 3d to be carried forward. The expenditure on the capital account for the past half year has been chiefly incurred for the purchase of land for the new lines, and in payment for works executed under the contract for their construction. In addition to which a sum of £34,132 has been expended for rolling stock required to meet the exigencies of the service, and for the working of the extra mileage since the Amalga mation Act. The working expenses for the half-year are £4B, 19s 7d per cent. The rolling stock continues to. be maintained in a state of efficiency. The revenue of the amalgamated lines for the past half-year exhibits an in crease of £28,289 over the some period of 1862. As regards the permanent way, the engines and bridges, the directors see no reason for departing from the principle explained to proprietors at their last meeting, but they now propose, for the first time, to lay aside a large annual sum as a provision for keeping up the rolling and other working stock, thus affording to the proprietors a correct basis whereby to judge of the prospects of the undertaking; and it is the opinion of your directors that the results of the past half-year, tak ing all the circumstances into consideration, are of a satis factory character. When the last report was made the amount of the claims of the Eastern Union and East Suffolk Railway Companies, which had been referred for settlement to Capt. Galton, had not been ascertained. The directors were, however, enabled at the subsequent meeting to report the amount of stock which had been awarded to the East Suffolk Company; and subsequently they were enabled to pay to the shareholders the dividend then declared, Capt. Galion having determined the amount of fixed charges attaching to the Eastern Union Company, which exceeded by £4,178 per annum the amount at which they had been taken in arranging the terms of the amalgamation, and one moiety of that sum was therefore deducted from the dividend upon the amount of stock allocated to them. An applica tion was afterwards made on the part of the representatives of the Eastern Union Company to set aside Capt. Galton's award. This application was dismissed by Vice-Chancel lor Wood ; but upon an appeal to the Lords Justices, which came on for hearing on the 24th day of July last, their lord ships were pleased to grant the application for setting aside Esq., Rich. Paterson, Esq., the award. It will consequently become necessary that the matter shoull be again investigated by Capt. Galton, and until his award is obtained the payment of the dividend to the shareholders of the Great Eastern Railway Company must be postponed. Four of the directors , . viz., Samuel An derson,and E . in accordance with the Act, 8111:SGhaeZjElsqe.1,Yrent'ire by rotation at this meeting ; the two former, being eligible, offer themselves to this meet ing for re-election. The vacancy caused by the retirement Esq., is, m accordance with of Richard Paterson, Esq., is, to be filled up by the board of directors of the Northern and Eastern Railway Company ; and the vacancy. caused by the retirement of William H. Shaw, the Act, to be filled up by the East Anglian proprietors. One of the auditors, Henry Soper, Esq., retires at this meeting, and offers himself for re-election- At the conclu sion of the half-yearly general meeting, speci a l mee ti ngs will be held for the purpose of obtaining the sanction of the proprietors to the measures which are set forth in the ad vertisement. EDGWARE, HIGHGATE, AND LONDON. The half-yearly meeting of this company was held at the offices of the corporation, Duke-street, Westminster, Mr. Harper, the chairman, presiding. The SECRETARY of the company having read the report for the half-year, an abstract of which has already been published. The CLIAIRMAN said, as the statement of accounts had been in the hands of the shareholders, it was not necessary to lengthen the proceedings by any further statement. The shareholders would be glad to learn that, since the report was printed and circulated, some progress had been made in obtaining the necessary land before commencing the works. The difficulties always incidental to such an un dertaking had been removed, and the contractors would in a few days be in possession of sufficient land for their plant, and before the end of next week would be in poss essi on of that portion of the land where the most extensive and heaviest works had to be commenced. The neighbour hood of Highgate was the portion of the line where the work was the heaviest, and it was judged to be the best economy to proceed with this part of the line first. The piece of land beyond Highgate to the Great Northern would be in the hands of the contractors before six months. The works beyond Finchley were very light, and would be proceeded with last, and there was no reason to doubt that the line would be completed up to Edgware by the end of 1864. It was also thought right to ask the shareholders for authority to exercise• the bor rowing powers which they would be in a position to do when half the capital should have beon paid up. It was needless to say that such borrowing powers would not be exercised beyond what was requisite to carry out the un dertaking. Mr. DRAKE suggested that the calls should be first paid up. Resolutions adopting and confirming the report, and authorising the company to borrow £73,300, were put and carried unanimously, The CHAIRMAN said that the pr o p osa l was anticipatory of proceeding with th e works, but that if the proprietors desired to pay their calls beforehand, re ceived, and five per cen t a l lowed, th e y would be The usual vote of thanks to the chairman and directors concluded the proceedings. SALISBURY AND YEOVIL. The report of the directors of this company, to be pre sented to the shareholders at the half-yearly meeting on the 14th inst., states that the incom e of the line has been steadily progressive. Notwithstanding the absence of traffic created by the Exhibition of last year, there has been a gross increase of £3,108 14s 6d, the amounts for the two half-years being relatively-186 3 I £24,208 8s 6d ; 1862, £21,099 14s. The traffic for the year ending June 30th, 1863, is equal to £26 per mile per week, amounting to £54,042 4s 4d ; and in 1862 to Id, amounting to £45,874 3s ld, showing an increase of £3 18s lld per mile per week, After deducting working expenses and all other charges, the accounts now present a balance of £8,261 5s Gd, which, with a balance of £2,194 17s 9d from last year, leaves £10,456 3s 3d available for dividend. After the payment of a 5 per cent. dividend to the preference shareholders, amountiug to £2,716 9s Gd, the directors re commend the declaration of a 4i per cont, dividend upon the culinary shares, which, amounting to £6,855 14s 4d, will leave £BB3 19s 5d to be carried to the credit of the cur rent year's account. OSWESTRY AND NEWTON. A special general meeting of the shareholders in this company was held yesterday, at their offices, 9A, Bridge street, Westminstet ; Mr. G. H. Whalley, m . p ., in the chair. The object of the meeting Was t o i ncrease the borrowing powers of the company. The CHAIRMAN said he had entered so fully into ex planations as to the importance of their borrowing powers on a former occasion, that it would be unnecessary for him to go over the same ground again. must, howaver, state that all the requirements of the Act of 1863 had been complied with. With respect to the general state of the line and prospects of the company, he would defer any re marks upon that point until the approaching half -yearly meeting- He would now move " That the directors be empowered under the powers of the Act of 1863 to borrow on mortgage any sum not exceeding £66,660, at such rate of interest as to them may appear desirable." Captain JOHNS seconded the motion, and it was agreed to unanimously. The proceedings closed with a vote of thanks to the chairman. LLYNVI VALLEY. The ordinary half-yearly m eeting of this company took place at the Great Western Hotel yesterday. Alexander Macgregor, Esq., presided. Mr. G. F. SAUNDERS, the secretary, read the report, from which it appeared that the gross revenue for the halt-year ending June 30, 1863, amounted to £9,374 7s 11d, against £9,426 198 9d for the preceding six months, and £9,401 3s 6d for the corresponding period of the past year. The working expenses amounted to £3,130 198 4d, against £3,012 5s 3d for the preceding six months, and £3,155 13s 7d for the corresponding period of the past year. The net income, after deducting the working expenses, with the interest on debentures and on land purchases unpaid, awounted to £4,232 13s Ild, against £4,231 7s 3d THE BATTLE OF GETTYSBURG, The Medical 7 Imes publishes an interesting letter on this subject, from its special correspondent with the Federal army. The following is an extract: The Gettysburg wounded were left to the care of the country, and nobly did the country respond to the call ; but it took time for the wants of the wounded to be known, and for them to be supplied. The immediate neighbourhood o f the scene of con flict was unable to do anything, however charitably inclined, since the contending armies previous to and immediately after the fight, had used up everything eatable for miles around. A large force of volun teer and contract surgeons was the first asaistance that arrived, and, having had certain of the wounded placed under t heir charge, were soon made useful; but the lint, bandages, chloroform, left with us began to fail. 'What was to be done? We looked at each other in dismay, when, lo! relief was at hand. The supplies of all the different associations in the country poured in en masse, and in a trice we found ourselves elevated from a state of destitution to one of luxury. Everything we could wish for the wounded was now at our dis posal. We now had a sufficiency of dressing ; we had blankets, shirts, drawers, socks, soft pillars for stumps to rest upon, fans to keep the flies away from those who had strength enough to use them, and mosquito-bars for those incapable of doing so. Food we now had fit for sick and wounded men, and brandy, wines, and fruits. Nor was even tobacco forgotten by these kindly associa tions. A number of ladies connected with them enliven our camps, and do more good as nurses, each of them, than a dozen men detailed for that purpose. The wounded, the government, the coun try can never sufficiently thank the Sanitary Com mission, the Christian Commission, Adams' Express Hospital Corps, and the many other associations which transformed the scene of misery here to one of homelike comfort. The rebel wounded in our charge have fared, so far as comforts and attention went, as our own men fared. Before our supplies came up they made no complaints, after their arrival they declared they had not had such a gay time since the Confederacy commenced to exist. The surgeons, in bringing their cases to the table never examined previously if a man wore blue pants or grey, but looked simply at the nature of the wound. Had they been within their own ;fines they could not have been so well attended to. I have seen now Confederate wounded in the hands of the Federals, and Federal wounded in the hands of the rebels, and I cannot but say that in acting the good Samaritan the North bears off the palm. At Chancellorsville battle the rebels re moved their wounded to be cared for at Richmond, leaving the 1,200 Northern wounded to lie upon the ground. The rebel soldiers near them gave them what help they could, but the rebel government did nothing but confiscate the captured surgeons' cases and hospital knapsacks, looking on them as govern ment property. On the misery being represented to those in authority, sugar, flour, bacon, and bard bread were plentifully issued to the wound,3d. This was all, they said, they could give, because it was all they had. S t ill, th e y c ould have done more ; they co u ld h ave remove d t h ese 1,200 men to Rich mond along with their own wounded, to fare as they fared ; they could have sent a detail of surgeons from their army at Fredericksburg to attend to them ; and from Richmond —only a couple of hours away by rail —straw at least might have been sent for them to lie upon. What would have been said had the Unionists acted similarly at Gettysburg_ had they removed their own wounded by rail and left 10,000 rebels to lie upon the field with sim ply hard bread, bacon, sugar, and flour to sustain them, and with no surgical assistance, save the dozen men whom Lee sent over to take care of them ? Had this been done, God help the Yankees we should never have heard the end of it. STAMPED ....sd. TILE ROYAL INSURANCE COMPANY. - - - - ANNUAL MEETING OF PROPRIETORS. The annual general meeting of the proprietors of this company was held yesterday forenoon, at the company's of f ices, North John-street, Liverpool,—Charles Turner, E sq ., M.P., the chairman of the board of directors, presid ing. Among the gentlemen present wo noticed Mr. Alder man Salmi:4 Holme, Deputy Mayor, Messrs. Ralph B cockle • bank, Thomas Boucb, George Booker, Richard Houghton, Frencis Maxwell, John Torr, Michael Bousfield, Michael Belcher, T. B. Hornby, J. Younghusband, Wm. Tither ington, Maxwell Hyslop, &c., &c. Mr. PERCY M. DovE, the actuary, read the notice con vening the meeting, the statement of accounts, and the reportof the directors, of which the following is an ab stract:— Having arrived at the eighteenth anniversary of the existence of the company, it seems appropriate, as a pre liminary introduction to the subject, on this occasion to divide the era of its experience into two equal parts, and to contrast its position •at its ninth with that which it has attained at its eighteenth year of duration. Thus it presents the following features :—Then—at its ninth year—its fire premiums were about £112,000. Now—at its eighteenth year—they amount nearer to three times than double the sum. Again, the life premiums were then £22,000. Now, they are very nearly five-fold that amount. So with the annuity branches—it is found that the ameunt paid for purchase of annuities now is eight times the sum received for the same purpose in the year selected for comparison. FIRE BRANCH. It is to be observed that, in the commencing months of the past year, the pressure of well-remembered political, commercial, and other causes appeared, for the first time in the history of this company, to have a depressing influence ; and the continued impetus with which the company had been uniformly favoured seemed to be, for a short period, languishing, if not entirely suspended. Happily it was but for a limited time, and it is satisfactory to add that a vigorous application of the same moving causes, which have been successful heretofore, have again already gives an accelerated motion to the progress of the company,—so that the directors have, as pleasingly as unexpectedly, at the close of the year, to announce, for the first time, that the fire premiums have not only reached, but exceeded £300,000. The profit of the business of the year exceeds consider ably the amount realised in the preceding year, and in fact surpasses that of any year, with but two exceptions, since the commencement of this office. The balance to the credit on account of British and Foreign Insurances being £15,107 10 5 and of the North American business,which is kept separately .. LIFE BRANCH. It will not be forgotten that the report for the year 1861 contained a most satisfactory announcement of the progress of the Company's Life Branch. It was then stated that the sum assured on new policies for the year for the first time exceeded £500,000, equal to the average amount effected annually by the very first among the many excellent com panies of this country, and that this sum exceeded by up wards of £70,000 the amount assured in the year imme diately preceding. _ The very gratifying duty now falls upon the directors to state that the sum assured on new policies for the year 1862 exceeds even that of the year 1861, which was the subject of the congratulatory phrase just quoted by £lBO,OOO, and has arrived at the almost unexampled amount for a single year of £701,427 on 1498 new policies issued. Until within the last few years it is believed that such a sum assured as that which has just been announced as the result of one year's business was all but unheard of. Such an incident as this may well be adduced in proof of the general expansion of life assurance. - - Evidence of continued care in the selection of lives is amply afforded by a statement cf the number rejected. These have amounted to 311 for the year, on which the aggregate sum proposed for assurance amounts to £143,281. Various degrees of ineligibility, from disease and other causes, have led to these lives being declined. The atten tion of persons accustomed to look into the reports of insurance companies will no doubt be immediately arrested by the fact, that no small number of the assurance com panies of the day record their accepted lives annually at a sum not much, if at all, exceeding thoce which the Royal has declared as inadmissible in a single year, from deterio ration of some kind or another. FOREIGN AND BRITISH BRANCHES AND AGENCIES. In the United States, the board of management in New York, consisting of merchants of the highest standing in the commercial world, and the agents in the leading cities of the Northern States, continue their valuable and highly ap preciated services. In Canada, where the Royal Insurance buildings are now reported as nearly completed, and likely to prove a good investment, much esteemed agents in the Upper and Lower Provinces are increasing the business rapidly to one of very large magnitude. Australia, again, is another field of the Company's operations from which evidence of a future large success may be gathered from the results and advances of the past. In India and China and the West Indies equal activity is displayed, by which the Company has derived large success from a rapidly growing business; and, without entering into further detail, it may be stated that in other places in Europe, South America, and elsewhere, the business of the Company progresses so favourably that few offices are so well known, or are more confided in abroad than the Royal. In fact, no insurance company has ever held a higher position in the various countries it has entered, and none could possibly obtain greater encouragement from influen tial quarters to continue its exertions among them, If, to complete their review, the Directors now advert briefly to the United Kingdom, they have to announce that in fire business its progress has been undoubtedly more rapid than that of any other Company established either in 'London or elsewhere, except when amalgamations have taken place. The returns of duty have proved this. In life, the amount of new policies already reported make all other evidence needless and superfluous. It would almost be in vidious to single out any individual agent, or any isolated place, where all have used their heartiest exertions, and every place almost without exception has witnessed the expansion of the Royal, either in its fire or life business, if not in both. It may, however, be observed, generally, that the com pany has attained a very high position in Scotland and in Ireland. It takes its place among their own national insti tutions in each of these kingdoms, and has its full share with them in the favour of their respective inhabitants. The old branches of the business established in England, with out exception, continue mast satisfactorily to expand and prosper, and new ones recently formed will hereafter, from their present promising condition, call for special notice. The branches at Bristol, Birmingham, and S ou th ampton, upheld by the respected and influential m em b ers o f t h e i r respective local boards of man agemen t , give promise of taking the highest standing among their contemporaries in their various districts. The directors look back at the hopeful anticipations with respect to the future contained in their reports to the share holders throughout the various important crises which have taken place in this country during the last 18 years, and are unable to recal one which has not been far more th n realised by the concurrent event which it attempted to shadow forth. They, therefore, with much stronger confidence, now n or_ elude their present report with the expression of an opinion that the prospects of the Royal Insurance Comfolsn Yequent never more encouraging or brighter, and of the past, that hope, founded on a grateful remembrance!: eater magni the future may unfold for it a sphere of still gr eater to the tude, combining distinguished commetrusci efainess and pro office with a lengthened career of gills tection to the public. Iw:cm DITIDEND AND adret,h together 75., freeat a dividend of The directors beg now to recommend 3s, per share, and a bonus o f 40 P of income-tax, be declared. The Directors have the pleasure The CHAIRMAN said : en, w h i i t g h h a ly report of the state of your of meeting you, gentlemen, satisfactory ; and they affairs, which they tw consider do not doubt that has • be so deemed by you. (Hear, hear.) I it eighteen years in existence; and its The as compared with what it was nine years ago, s ituat " io lt n ° n Y :w .", when we had reached half our present age, is so remarkbble that, althoug h it is alluded to in the rep or t , I h ope I may be excused for again calling your attention to the fact that, whereas the fire premiums of the Royal, in its ninth year, were about £112,000, they are now, in its eighteenth year, above £300,000, or nearly three times the former amount ; a nd I believe I may state, without fear of contradiction, that a yearly income of £300,000, derived from fire business alone, by a single office, after an existence of eighteen years, is wholly unexampled. (Hear.) Then, gentlemen, taking the same period for comparison, the life premiums have in creased five-fold ; and the amount paid to the " Royal," for the purchase of annuities, is eight times larger now than it was at the end of the former period. (Hear.) As further evidence of the rapid growth of your business, I may mention that, whereas nine years ago, the sum assured on accepted lives amounted only to £182,423, the amount proposed to be insured on declined lives, during the year 1862, was £143,281. (Hear, hear.) We have thus before us the striking fact that the lives declined now are nearly equal to the numbers which, nine years ago, were accepted. (Hear, hoar.) I may also remark, as bearing upon this subject, that whereas the premiums received in the life branch, in the year 1861, were only £86,751, they amounted, in the year 1862, to £105,703. There was, therefore, an in crease of £18,952 ; and I think you will agree with me, gen tlemen, that this is an enormous increase in life business, especially when you take into account the constant waste going on, by policies cancelled by death, or purchase, s i as i e s : lapsing from o th er contingencies. (Hear, hear.) It ;goo on let ed no 13. 10. 20. 7. 10 )7. 3. 11a I i 7 I ~I ..: z,. 1 - .1 1