The Express.
London, England, 1863-01-15 00:00:00

THE EXPRESS, THURSDAY EVENING, JANUARY 15, 1863.

sponding defect. For every hundred hands work-
ing full time here, there must be a hundred hands
wholly idle there ; and a period of prosperity to the
working clans will be paid for by a period of pri-
vation.

To whatever degree of comfort or distress, then,
may be implied in half-work and half-wages, Lan-
cashire may confidently look forward for the coming
year. Under ordinary circumstances we might
fairly expect th►t whatever cotton comes will be
worked up ; but of this the undeniable fact that
stocks of manufactured goods are everywhere
becoming low affords now an additional security.
Whether some of the smaller manufacturers will
be able to sustain themselves during a lengthened
period of unprofitable trade, much more to main-
tain their present exertions for the relief of their
people, is another and very serious question.
While half-work means half wages for the
hands, it means also a steady certainty of
loss to their masters ; and the permanent closing
of mills, at a time when surplus labour cannot be
rapidly absorbed, may introduce an additional ele-
ment of aggravation into the distress. And
although mill property may be eagerly bought at
its present deteriorated value by those who believe
in the return of prosperity, and are anxious to
begin the race of competition only half weighted,
a factory whose gates are now closed by the
failure of its owner may be safely looked upon
as idle till the storm is passed. The old cannot
transfer to the new proprietor his obligation, of
employment and relief, and no one who can help
it will willingly assume them.
The question, therefore, is not so much
whether Lancashire will need more money, as
whether it shall be subscribed now or when
the fresh need is felt. In the former
case the subscribers must run the risk
of the lavish expenditure which inevitably follows
upon the possession of large balances ; in the
latter, the administrators of relief will be subject
to the difficulty of rekindling the flame of popular
sympathy. Of one thing there can be no doubt,
that during the period of transition from old to
new conditions of cotton supply, however long it
may last, Lancashire will need all the help which
more prosperous provinces can give her.

rbt Court.

OSBORNE. JAN. 14.

. _
The Queen, accompanied by Prince and Princess
Louis and Princela Beatrice, drove oat yesterday afternoon.
Colonel the Hon. A. Harding, attended on horseback.
The Prussian Ambassador and Countess Bernstorff have
returned to London.

Despatches Were remised yesterday at the Casuist-Ake
from the Governors al the West India Wands and British
Coiambic

DATIRMINED BURGLARY Ar BATLEY, NEAR

lialWiliella'

Yesterday morning the warehouse of Messrs. Ro-
bert Brenriey and Boos, woollen manufacturers, Batley, was
entered by mesas of skeleton keys, and an attempt made to
break open the safe (one of Milner's) in the counting. hones.
It is supposed that about six men were engaged in the
attempt, and from the traces they have left it is per-
ceived that they had with them a most extensive, power-
ful, and elaborate set of tools. It appears that they
first broke away some masonry from one of the two
✓ates in the room, and hit upon that which contained
gold to the amount of about 500!., and notes and other
'enmities to a still higher figure. The other safe, it may
be stated, did not cootain anything but books and papers.
They applied a wheel drill, and bored a hole through the
door at the bottom and near to the centre, and with other
implements they wrenched it from its binges and then hid
it on the Boor. They next endeavoured to force the inner
door, and had they pursued the same course of drilling,
it must have yielded. They tried to forge it inwards, and
used for that purpose a large crowbar, which they stole
from equerry, but being bevilled oe the edges, it became
fast. The house of the jroprietor of the works adjoins the
warehouse, and the noise the burglars made, in trying to
drive in the second door, aroused Mr. Brearley. He got
up, and throwing up the sash, called cloud for the watch-
man. The men must have heart his cries, for they
decamped at once, but without being seen, and left behind
them most of their implements, including a portable wheel
drill, wrench and screw, two jemmies, three sacks, and •
dark lantern. Some of these were left in the counting-
house, but the others were found in the road adjoining the
warehouse and a field close at band. A reward of "Of, bee
been offered by the firm for such information as will lead
to the apprehension and conviction of the offenders. The
implements are now io the possession of the police authori.
ties at Dewsbury, and they have been inspected by great
numbers of persons.

WEATHER REPORT.-(THIS DAY.)

TIORIMAY, JAmat ti, il A.N.

IL I. D. W. 17. 1..0. L Z.,1 1. 11.
- ------
Nairn ..40 B.W. 4--
Aberdeen - 1--
Leith ,.49 42 W. S
Ardruesea
Portrush
Galway ........34 41 13. W. 11
Valenti*
o
roleeynstown ...I:1:i N.N.R.. .
Liverpool
Pembroke SOO 60 N.l. 3 0
Penzance
Jersey
Brest
&Aleut 26 41 N. 9 o
Rochefort
Plymouth . N. 3 b
Weymouth n0.42 N.R. 1 b
Portsmouth F 64 .19 N.E. 4 e
Kew.
London - 30.40 INC.. 4 7 e
Yarmouth 10.47 IN.B. T 9 IN
Scarborough 30.6077 W.N.W. g $ t
Shields _. bo 59 N.N.W. 9 IN
Helgoland 39.49 IN.IL 0 7 1
He der — - - - - -
Lisbon — - - - - -
700060 i
FRIDAY. SATURDAY.
N. to K., fresh. some GOOTICAND., N.K. to N.W., fresh to

mow. light.
N.W. to N.&, fresh to IgILAND.

variable,

ECM.
As next above. W. CerenAL. As nett above.
N.Y. W. to LILL, N.W.FiAww. N. to L. moderate.
fresh to light.
N.N.E. to LAL, trash S.W.ltsanawn.
to moderate.
As next above. LiOt.Ann.
N. to L. fresh to E. noun.
moderate.

N.E. to B.E, trett
to 'telt
As nest above.
N. It. to 8. K., moderate.

On Tuesday last, Mr. James Hannay, F.R.S.E.,
delivered the fist of two lectures on the " Naval Heroes of
the Seventeenth Century," to the member of the Philoso-
phical Institution, Edinburgh. There was a crowded au-
dience.

According to the Weekly British Colonist of Vic-
toria, Vancouver's Island, of the 4th of November, two
stamen had just arrived there from New Westminster,
with upwards of 200 passengers, and gold-dust to the value
of quarter of a million dollars.

According to the last accounts from British Colum-
bia, a gold region, u rich u Cariboo, had been discovered at
James Lake, out of which the Peace River flows.

The North Pacific Review, a monthly literary
journal of considerable merit, ban been started at San Fran-
cisco. Each number is to be illustrated.

THE LONDON JOINT-STOCK BANK.
(THIS DAY.

This day the ordinary general meeting of share-
holders was held at the bank 'premises, in Princes-street,
Mr. Bacons° in the chair.
The following is the report and statement of facts :-
"By the annexed accounts, which the directors have
the pleasure of submitting to the shareholders, it will
be seen that the net profit realised by the bank during
the six mouths eating the 31st December last amounts
to 75,4041. 17s. Id. After providing for the usual
dividend at the rate of 120. par cent. per annum, the
directors are enabled to declare a bonus of 10.. per share,
and to carry the sum of 8,1041. 17s. Id. to the credit of the
guarantee fund. This fund, with the accruing interest and
enhanced value of government and I•;ast Indian securities
held by the bank since the 30th of June now amounts to
267,1731. Os. sd. The following gentlemen retire from the
direction under the provisions of the deed of settlement :-
Francis Joseph Delafease, Philip William Flower, John
George Maclean, George Taylor. Tnedivideadand bonne, free
frominconie-tax, will be payable on and after Friday, tizeZ3rd
inst. The liabilities endued., up to the 3lst December, 1862,
are as follows :-Dr. To capital paid up, via., 60,000 shares
at 101. each, 600,0001. ; to amount due by the bank,
11,472,7331. 17s. 10E1. To amount of the guarantee fund,
30th Jane, 1862, 249,5251. ss. 9d. ; to six months' interest
oa ditto, at 31. per cent. per annum, 3,742/. 17s. Id.-total,
253,2684 It 4d. Add increase since the valuation on
30th June, 1862, in the mast value of govern-
ment and East Indian securities held by the Bank,
5,8001, ; together, 214,0681. as. 4d. ; to undivided
profit for the lasthalf year, 7,2701. Is. sd. ; to amount car-
ried to profit and lees account, 106,9151. 18s. VEL ; together,
116,1861. 4s. 2d. ; total, 12,447,9661. Is. 4d. Cr.-By Ex-
chequer Balls, East India Debentures. and Government
Stock, 1,T24,1831. 5.. 7d. by rah, loans, bills discounted
and other securities, 11,147,7291. 19s. 9d. ; by building, far.
niture, Sic., in Princes-street,V,4sol. ; by ditto in Pall-
mall, 6,6251. ,• together, 36,075 ; total, 12,447,988/. sa. 4d.
The profit and keg account, for the half-year ending 31st
December, was as follows :-Dr. : To current expenses, pro-
portiou of building expenses, director.' remuneration, bad
debts, income tax, /cc., 25,1121. 10s. 10EL ; to amount car.
ried to profit and lees, new account, being rebate of interest
on bills discounted not yet due, 15,468/. 16s. 3d. ; to divi-
dend account for the payment of half-a•year's dividend,
at the rate of 124/. per rectum per annum, upon W 0,0001..
amount o: paid-up capital upon 60,099 shares, 37,5001. •
To ditto, for the payment at a bonus of 10a, per akar*:
30,0001. ; to amount carried to the guarantee fund,
8,1041.17 x lA-116,1861. 4s. 2d. Cr.: By halloos brought
d0wc,106,9151. 18a. 9d. ; by undivided profit brought for-
ward from the last half-year, 7,2701.55. scl. -116,1861. 41. 2d."
The CakuurAN moved a dividend in accordance with the
report, which was adopted.
The CHAIRMA2I then moved that the report be received
and printed for the use of the shareholders. lie did sot
think it nes:emery for him to my anything on the report,
which he believed would be considered satisfactory.
Mr. Clime= ascended the motive, which wee agreed to.
Oa the motion of the Casmisse the retiring directors
were reelected.
Mr. MACLEAN returned thanks.

On the motion of Mr. Guam votes of thanks were pared
in favour of the directors, the manager, and the other
officers of the company.
The ()natures hoped that the directors would be able
to meet the shareholders the next half-year with as Betide°.
tory a statement as the present one, and as they had realised
the present dividend on a half year which began with a Beak
of Ragland rate of discount at 2 per cent., it was probable
they would have at least quite as satisfactory a report next
half year, when the rate of intemit was 4 per osat., for be
had to inform them that the Bank of England had that day
raised its diacount rate to 4 per taut (dear.)
The Marian= haying returned thanks, the meeting New
rated.

DANUBE AND BLACK SEA RAILWAY AND KUS-
TRNDJIE HARBOUR COMPANY.-( THIS DAY.)

This day the ordinary general meeting of share-
holders eras bald at the company's offices, Abingdon-street;
Sir S. Cuasao in the chair.