The Press.
London, England, 1855-12-08 00:00:00

DECEMBER 8, 1855.

the fact was that, while trade had multiplied fivefold,
the currency was now 6,000,000/. sterling below whet
it was in 1819.
The other principal speakers were Mr. Jonathan
Duncan and Mr. E. Capps. A series of resolution.
was carried, but the meeting has excited no interest
in commercial circles.
A most stormy meeting of the shareholders of the
Eastern Counties Railway was held this day at one
o'clock, at the London Tavern. Whatever grounds
of complaint the shareholders may have against their
chairman or their directors, it certainly does not
appear from their excitement on this occasion that
they are very competent to conduct their own affairs.
Mr. Waddington was received with uproar which
defies description. He persisted, however, in keep
ing the chair, and demanded an adjournment of the
meeting till after Christmas, that he might have an
opportunity of refuting in detail, and with close
particularity, the charges of the committee of investi
gation. He was heard with difficulty, and his de-
mand summarily rejected. After great confusion
the following resolutions were carried:— ,
That an inventory and valuation of the assets and
liabilities of the company in every respect be forthwith
prepared, by and under the sanction of the committee of
investigation, and publishe.l, and that a further account
be also prepared by the same committee showing the
amount of moneys employed and the debts contracted by
the directors contrary to the powers and terms of the Act
of Parliament relating to the Eastern Counties Railway,
or any of them, and that such accounts be forwarded to
each of the shareholders. That the opinions of the
Attorney and Solicitor General be taken, under the direc-
tion of the same committee, as to whether the directors,
or either of them who have sanctioned or authorised such
outlays as are contrary to the provisions of the Act, are,
collectively or individually, liable for such misapplications
to the shareholders, and also as to the proper and best means
to be adopted to compel such directors to account for the
same.
That the committee of investigation, consisting of
Horatio Love, Esq., Edward Ball, Esq., M.P., Thomas
Christie, Esq., J. T. Norris, Esq., Jeremiah Pilcher, Esq.,
Henry Soper, Esq., be, and they are hereby, appointed to
continue their labours until the half-yearly meeting in
February next; that the said committee be authorised and
empowered to confer with the board of directors, and to
make such suggestions and recommendations from time to
time as they may think necessary, either as to present or
future contracts, bills in Parliament, the appointments of,
the continuance, or engagements with officers, or in any
other and all matters affecting the administration of the
company's affairs, or the interests of the shareholders ;
that for such purposes the committee be authorised to em-
ploy such clerks, or to obtain such other assistance as they
may require, and to call for all books, documents, papers.
and persons under the management or control of the pre-
sent executive of this company ; and that the committee be
requested to report their proceedings to the shareholders
as soon as they are in a position to do so.
A shareholder moved by way of rider—" And that no
order of Mr. Waddington's be attended to from this day."
This was unanimously carried, but before the
meeting broke up Mr. Waddingtsn stated that, while
be remained the legal chairman of the company, he
should persist in paying attention to its concerns.

The third monthly return of the Bank of London
has appeared in the Gazette, and exhibits a progress
without precedent in the annals of joint-stock banking
in the metropolis; the amount of deposits at the end
of three mouths, is 539,2811., and the assets are
839,2811. The following were the amounts of deposits
of the entire joint stock banks at the periods of their
second annual reports, viz..—(taken from "Knight's
Statistics of Joint Stock Banking ")
The London and Westminster .....£268,884
The Union Bank of London
The London and County
The Commercial Bank
The British Bank
It appears therefore, that the Bank of London
has received a larger share of public patronage in
three months, than the above banks enjoyed at the
end of the second year.

BRITISH

INDS.

Closing Prices.

OFFIC:

lAL QI
i Mond.

ITOTATIOIi.
Tuesd. Wed. IThurs.lFridab.
531i406 99i0011901
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aBBi 9il 89i 88 3
88g f1989i 1 891
57.11, 7.
209 10 210411 9 209101 20) lUi
88 T 2 2
6 1
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89t
t_4B4

8 per Cent. Console
Ditto tor Account
pet Cents Reduced
3 per Cents
Long Annuities
Bank Stock, 7 per Cent
Omnium
Exch. 13111 e, 2/d. per diem'
India Bonds, (1,0001.)
FOREIGN R.
Mond. Tuesday.
71 b
3 21d 1
1 04d
1. 9 2
21 Id
431 231 4
51 50 01 71 pl
',tit
4tt 11
4/ 1 4 a 9 1
351 • 51
X5l 8 45j di
4d 48 7

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3 7-141
209 e

tintw.& Rttrdm.
Belgian East. J.
Dutch Rhenish 1
East Indian
Ot. Indian Pen
G. W .of Can.,Sh
Lyons et Genets
Madras
Na. R Lge.(w.in )
Nrthrn.oi Frno .
Norw. Trnk.
Paris et Lyons
Paris & Orleans
?Arlo I Rouen

3;2i d
1 71
3
I id
tot 11 2O
124 5
24
t 8 7 p
oi 181
41 5k 4f
ja 1 351
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454 '1454
44 6 144