The Express.
London, England, 1862-01-16 00:00:00

LONDON JOINT STOCK BANN.-(THIS DAY.

This day the half-yearly meeting of the share-
holders wee held at the bank premises, Princes-street ;
Mr. HEW Las in the chair.
The following report was read by Mr. Kennedy, t the
secretary of the hank :—" It will be seen from the ereser
plang dote:neat of the imitate el the hank ea
yi
the 31st ultimo, that the operations of the pee'
ceding half-year bare resulted is a set peal 11
94,312/. 18s. Id., which enables the directors to desks. Iles
usual dividend et the rate of 12i per mutant per mom,
with a bonus of 12e. 6d. per share, amounting together le
75,0001., and to add 19,3124. 18s. Id. to the r..... 4.
The government and India securities held like
having increased in value 17,0001. debit
of July, that ram also is impried to the
credit at the guarantee hind, whisk, with these
additions and the sonnies interest, now emenate to 237,7481.
Is. 4d. The dividend and bonus, fres kees income tax,
will be payable on and after Friday, the Nth Mat. The
following directors retire in the order of Wads% ladelfer
themselves for re-election, viz. :—Williset
Alderman Sir James Duke., Bert, M.P., Denali
Faq.4John Timothy Oxley, Esq., and Frederick Boileweld,
Elbe following is the statement of liabilities sad mete :
" Dr. :To capital paid-rap, viz., 80,000 shares at 101. each,
800,0001. ;to amount doe by the bank, 11,381,7571. 3tl ;
to amount of 'The Guarantee Fund,' 30th June, 1851,
198,458 E ss, 9d.; to six mouths' interest on ditto,st3l. percent.
PEE MEM, 2.0761. 17s. 6d.-201,4351. 3s. 3d. ; add increase
shoe the valuation on 20th June, 1881, in the market
value of government arid East Indian securities held
by the lank, 17,0001 —together, 218,4351. 3s. 3d. ;
to amount carried to profit and loss amount,
141,002/. ss. 2d. total, 12,341,1941. Bs. Bd. Cr.:
By Exchequer Bills, India Debentures, and Govern-
ment Stock, 1,103,4761.145. ; by cash, loans, bills discounted
and other securities, 11,140,142/. 14e. Bd. ; by building,
furniture, &c., in Princes-street. 30.7001. ; by ditto ditto, in
Pall-mall, 6,8751.—together, 37,5751—t0ta1, 12,341,1941.
Bs. Bd.
" Profit mid lam amount for the half year ending Dec.
31, 1861.—Dr.: To current expo:mei, proportion of build-
ing expanses. directors' remuneration, And debts, income
tex,loa., 25,482/. 9e. 5d.; to amount carried to profit and loss,
ainraccount, being rebate of interest on bills discounted not
yet due, 21,2061.17 e. 8/1. ; to divideedlioconnt for payment of
half a years dividend, at the rate of 123 per mutant per
annum, upon 800,0001, amount of paid up capital upon
90,000 shares, 37,5001. ; to ditto, for the payment of a
bonus of 12s. fld. per share, 37,5001 ; to amount carried to
the guarantee fund, 19,312/. 18e. ld.—total, 141,002/.56.241
Cr.: By balance brought down, 141,0021. 51. 2d."
The Cnitiarax thou declared a dividend in aecordemie
with the report, which is at the rate of 25 per cent. per
annum, and moved that the report be adopted.
Mr. MACLEAN seconded the motion.
Mr. Deputy CORNET 'eked whether the securities lei
been tested and remained intact
The Climaxes replied that they had.
In answer to another proprietor,
The OUTMAN said the profits of the W1N44111 ban&
were satisfactory, although there were the 1.1111181 Si asks
more Undue if they could get it.
The report was then adopted.
The retiring directors were re-elected.
Sir J. Doc& M.P., returned thanks on behalf of hiessif
and colleagues, and said it was the constant endeavour of
the board to make the London Joint Stock Bank second
to none in the metropolis.
Os the motion of Mr. Wriaor, se-ceded by Mr. Deputy
OONNIT, vote of thanks was pawed on the Millman sod
the directors ; and a similar compliment, on the motion of
Mr. Wootage, we paid to Mr. Hewett, the manager,
which terminated the proceedings.

Mr. Akroyd, of Bank Field, Halifax (says the
Mattel/weer Guardtart), has received the following letter
hom Earl Russell :—" Foreign-office, Jan. 7, 1862. Sir,—
I have to acknowledge the receipt of your letter of the Ist
lost., with • memorial signed by a numerous and influential
body of the clergy, magistrate', gentry, sad inhabitant' of
Halifax, exprommgtheir cordial approval of the prompt and
energetic measures takes by her Majesty's government to pro-
tect the honour of the British flag. It Is a gnat satisfsefliou
to my oollagure sod to myself to naive so flattering an ex-
pression of approval of the *mow which we have felt It oar
duty to take on this occasion, and I beg yon to have the
goodness to return our thanks to the aignem of the memo.
• and to ee pure this. bow highly her Majesty's govern-
ment appreciate the generous support which they have
tendered to than et the present crisis. —1 am, &c.,
piped) Ensaimx."
• Hams os ma HOP Donis.—Festealay after-
noon • numerosily attended sad logneetal pubbe seeetiog
of landowners, plasters, and other fa terinied la the hop
trade was held at the Vestry-bell,flanbreek for the I
adoption of memnres to proton • teal ears imenediste
repeal of the hop duties. The chair was occupied by Mr.
Ostkorne Manly, M.P., of Ilarstsd Park, and Lord
lioluteedale, M.P., Mr. J. G. Dodson, ILP., and ILr. L J.
Berestord Ham of , atended as • dovetails/a
Asseciation. Resolu-
from the Central Hop Duty
tions In favour of the object for w the waft was cgs-
TIMM were edepted.