The Express.
London, England, 1864-08-02 00:00:00

TWELFTH BIENNIAL STAKES. One ulna.

Psoi, Fil4 do I'Air, The Hind of the Forst, Bangle, aid
Plaything are ham

BRIGHTON STAKES. One sole and We►gaertere.
Magnum Beams Belly Edmond, Captain ()row, The
Strasser, Redcap, Olsitos, lisdrep, and Jesootte are here.

MARINE PLATE. Three-quarters of a mile.
Reindeer, Rundle, Gunner, King of Utopia, Bertha,
Peigooir, Greenland, Rosins, Microscope, Dirt Cheap,
Lytham, Orphan*, Spat, and Perfumer are here.

NURSERY STAKES. Throrquariers of a mile.
Ethelred, Proviaor, Attache, Gomm, Bunch, Godenbana,
Imogene f, Vigilant, Simple Maid, Nukubeva, Quill, Grace
Barbee, British Queen, Wino of Wind, Belle of Kan,
Rose of Denmark, Rohrer, Spain, Olive, Chesterfield, sad
Doublet are hers.

BANK OF WALES (LIMITED).-(THIS DAY.)

The third ordinary meeting of this company was
held at soon this day, at the London Tavern ; Mr. J. N.
DANIELL in the °bib..

The directors submitted the following report and balance-
sheet to the 30th June last :—" In the report presented to
the shareholders at the first meeting of the com-
pany, on the 23rd October last, it was stated
to be found my inconvenient to make op ac-
counts at other periods than to the end of June sod
December. The directors, therefore, resolved to bold this
meeting, so quickly after the List, to obviate such incoe-
venience in future. The balance-sheet shows that the gross
profit for the three months, including 1,1154 7s. 3d. brought
forward from last account, amounts to 4,9371. 18a. 2d.,
and that after deducting salaries, rent, and current
expenses, there remains a balance of 2,2871. 198.
The directors recommend that out of this lut-nteo-
Cooed sum 1.5841. 2s. 4d. should be . appropriated to
the payment of a dividend for the last az mouths, at the
rate of 5 per cent. per annum, free of income tax, upon
all the sheave of the company upon which 201. per Mare
ham been received ; that 5001. should be placed to the
credit of a reserve load ; and that the Wanes, 2031.
16s. Bd., should be carried to profit and loss new moonnt.
On the 30th of Jane the business of Messrs. Lock, Halm.
and Co., of Pembroke and Tenby, was transferred to this
bank, and the directors have much pleasure in stating that
it was effected without the lose of a single account, and
that the business fully realises their expectations as to it/
value and importance."
The belsace-sheet showed : —To capital, 72,285/. ; to
amount due on current, deposit, and other amounts,
136,3631.8 a ld. ; to gross profit—from last sooount, 1,1151.
7s. 3d. - interest, discount, oommissioe, and other profits,
3,tt-V.l. 10s. lld.-4,9371. 18s. 2d.—total, 213,586/. 6s. 3d.
The items per coatis wen:—By preliminary expenses,
6,2781. 12a. 6d. ; by cash on hand and at bankers, 58,2591.
Is. 7d. ; by freehold sad leasehold premises, furniture, ex-
of establishing sad purchasing branches, &a.,18,821(.' 13e. ; by bills discounted, loans, ice., 127,577/. •
by current expenses, 2,6491. 19s. 2.1. ; tote„ 213,5861:
65._3(1.

The profit and lon account showed :—Curreut expenses,
2,6491. 19s. 2d. ; dividend at 5 per cent. per annum, 1,5841.
2s. 4d.; reserve fund, 500'.; balance carried forward,
MU. 16s. Bd. ; total, 4,9371. 18e. 2d. By grow prude as
above, 4.9371. 18s. 2d.
The CHAIIIMAII, in moving the adoption of the report,
expressed a hope that the state of the bank would be con-
sidered satisfactory. It was very little, indeed, from what
the directors knew of the business of the company, to pre-
dict that the future dividends would be at least equal to
that which wee now about to be declared.

The motion was agreed to ; and a dividend was made as
recommended by the board.
A vote of 501. to the auditors was also pawed.
The ciranixam paid a warm tribute to the manager in
London, to whom he proposed a resolution of thanks.
Mr. Tut.Loca acknowl the compliment ; and
A vote of thanks to the and board concluded the
business of the meeting.

LONDON. BIRMINGHAM, AND SOUTH STAF-
FORDSHIRE BASS ( LIMITED ).-( THIS DAY).

The second ordinary meeting was held this
morning at the Head Office, 110, Cheapside ; Mr. Jxo.
Barium. in the chair,
The directors laid before the meeting • statement of
accounts for the half-year ending 30th June, showing
the gross profit to amount to the sum of 14,7281.
14e. 10d., inclusive of the sum of 1,2111. 14a.
brought forward from the list of December, 1863,
After deducting interest on customers' balances, &c.,
3,2971. 19a Id., and current expenses of every d•nmina-
tioe, including provision for doubtful and bad debts,
4,6861. 7a. 3d., there remained • net balance of
6,7441. Bs. 6d., which the directors proposed to deal with
in the following manner—via, to declare • dividend at the
rate of 5 per coot. per annum, on both the first and second
issues of capital, which would ahem) the sum of 2,5371.
17a. ltd., and to carry over the balance of 4,206/. 10s. 7d.
to profit and loos sew account. When it was remembered
that the paid-up capital of the bank on the Ist
January last, amounted to but 69,523/., it could
not be otherwise than satisfactory to the proprietors
to find the business in so healthy and promising a condition.
Daring the belt-year new premises, in a more eligible
position, bad been taken for the Burton branch—a change
which had already been productive of an increase of hue.
nem • while the very encouraging success of the Longton
branch bad induced the directors to establish another at
Bantam, In the immediate district, where there was every
promise of profitable results The directors might well have
felt confident in the development of • sound and remunera-
tive Wainer from their own macron and limited to their
original scheme. It had nevertheless appeared to them that
the interest. of the shareholders would be still better ad-
yawed by an amalgamation of the bank with another of
equal capital and prosperity. The preliminaries of such
en amalgainatiort had therefore been concluded, the parti-
culars of which would be shortly announced. Mr. Eugeoe
Collins bad been elected • member of the board of direc-
tors, the business of which had been much assisted by his
banking experiesce and oceseaire.
The accounts showed : Capital subscribed, 119,9541. ;
amount due by the bank on customers' accounts, deposits,
loans, liabilities on aoospterrom, and letters of credit, ko.,
209,4581. 16e. 6d. ; balance of profit and loss *mount, after
paymeut of all expenses. 6,7441. Bs. fid.—total, Xi 6 ;
,1571. fie.
On the other side, cash in haad, 26,952/. 6s. 3d. bills re-
ceivable, loans. do., 291.0101. 18s. lid. ; bank minima,
furniture, fittings, do., 9,2151. 8a ltd. ; preliminary ex-
posses, 9,8.:81. 10s. 9d.—total, 336.1571. fie.
The profit sod loss soonest showed interest allowed oe
customers' balances, deposits, de., 32971. 19s. Id. ; carnet
ezprosca, including salaries, rest, tacos, and allowanee for
doubtful and bad debts, 4,686/. 7a. 3d. • dividend at 5 per
coot. per annum, 2,5371. 17s. ltd.; baliines carried to profit
and loss sew *must, including rebate of interest on
bills not due, 4,2061. 10e. 7d. • tote], 14,728/. 14a. 108.
Baines of profit and loss iron 31st Deeember, 1863,
1,2111. 14s, 2d. ; interest, commission, &a, and premiums
reinsieed en new shares, 13,5171. Us. lid. ; total, 14,7381.
14e. 10d.
. _ _

ISt; 6141RMAN, io loosing the adoption of the report,
stated that the business wee steadily iocreesing ; ad maid
it was a matter of coopstalation that at the end of only
the third balf•yssr they should be able to pay 5 per cent.,
which had been fairly earned sod which left thaw a am-
siderable balance to take over. The bask with which they
were proposing to amalgamate was one that had
a million of modal. and it wee sow payieg about doable
the income. The arrangement, though it was not quite
concluded, was that the amalgamation should take place on
equal terms. The basilicas of the two banks at present ma
in different cliental* ; and the result of the jaaction would
doubtless be for the benefit both.

Mr. MIDDLEMAS complained of the 1121113110 T in which the
none of pew shares bad been managed ; and he stated that
he should oppose the reception of the report totil the matter
bed been nonfood.

The report was &MOW.

THI RECTORY OT ST. BURYAN.—His Royal
Highness the Prime of Wales, as Duke of Cornwall, has
conferred the rectory of St Baryon, rendered varact by the
death of the Hoo. and Very Rev. Fitcßoy Stanhope, M.A.,
formerly of Trinity Hall, Cambridge, oa the Rev. Thomas
Bodes. Coulson, M. of Trinity College, Cambridge, for-
merly (orate of the metropolitan parish of St Clement
Danes, Strand. The benefice is worth about 1,0001. • year.
FORESTERS' DEMONSTRATION AT HALIFAX. —The
annual High Court meeting of the Ancient Order of Fore.-
ten Friendly Society was commenced yesterday, at Halifax.
About 180 delegates from various dietriete in the hoiden
assembled. The order war represented by delegates from
Plymouth oo the South to Carlisle and Sunderland on the
north, from King's Lynn on the east to Shrewsbury en the
west, and from a great number of uiterrnedi:ts plena The
order, it was stated, has received an accession of 22,000
members since the last High Court meeting, at Birkenhead,
last year. In the afternoon stout 500 beet/tree dined
together in a spacious Marques, Mr. Sthosfeld, M.P., pre-
siding.
STRIKE IN THE BUILDING TRADE AT BRADFORD.—
The journeymen carpenters and joiners at Bradford, nom-
beriog about 500, have struck work, leaving their employ-
ment on Saturday night. The great point of difference
between the master. and the men is that the former ref see
to agree, without resaouable notice, to a reduction of the
hours of labour from 59 at present to 55i hours per week.
The masters are willing that the proposed reduction shall
come into operation on the Ist of March next, bat the men
have insisted that it should cone into operation on the let
of August. The masters have proposed to refer the matter
in dispute to arbitration. The building trade is very brisk
at Bradford, and some of the mestere have contract. on
head whisk will occupy them eight or Dim mouths.
COVroa GROWING IN TAHITI.—We have dates to
the bad April, from Tahiti vilt Nita between which points
• line of French vessels min regularly, carrying the malls.
Our oorreepoodent writes :—" We have no news to give
you, except that 110440 pleating is going shead here sow.
alma& thousand sari of land having been cloned and
planted, and steam enema, gins and prism, all ready for
work."—Passina *tor.