The Express.
London, England, 1865-04-21 00:00:00

ARRIVAL OF THE CZAR IN PARIS.

PLEA Aran 21.

The Czar arrived this morning in Paris, and had
a conference with the Emperor Napoleon, after
which his Russian Majesty continued his journey
to Nice.

THE SPANISH SENATE.
MADRID, Ann A

Tn the Senate to-day Marshal Prim said that the
Progressist party, impelled by the important cha-
racter of the debate, had temporarily withdrawn
from the attitude of abstention from public affairs
they had hitherto adopted. He believed that the
days of office of the ministry were numbered,
since the Sovereign of Spain could not support a
ministry committing such abuses of power a .th the
army.
Senor Gonzales Bravo, in reply, declared that the
ministers accepted the whole responsibility of the
events, for is the last demonstration of the students
leaders of a revolution were concealed, whose
object was to attack both the throne and reigning
dynasty.

STANDARD ANK OF BRITISH SOUTH AFRICA
(LBIHITBD).-(THIS DAY.)

The third ordinary meeting of the proprietors was
halt! at
.00.0 a, at the Load= Tavern ; Yr. JWIN Femme

In the ehair.'
The report for the half /war ending Um 31st of December
last rays : • The experience of the past year has satisfied
the directors that only theme institutions will at all tinier
command public confidence wbicb in their prosperity re-
verts • ormaiderable portion from their net profits, whereby
speedily to produce each accumulated fund as shall consti-
tute an ample guarantee of safety, as well to constituents
as to delimiters. Although, therefore, the net profits
from the hulks= again approximate the rate of
121. per cent. per annum, the directors recommend
that not more tball about two-thirds thereof, or at
the rate of 8/. per cent. per annum, be divided ; the balance
to be carried t r !Nerve fund. From the annexed statement
of mierrants it will be seen that the total gross profits of
the company for the half-year, including 30.640!. 10s. re-
mired in premiums on Dowdier's, and 2,6471. %ad. brought
forward from previous balf.yeer. amount to 77,4171.
15a. 5d., and after payment of cermet expenses, making
prevision for all bed and doubtful debts, and allowing for
rebate of interest on all bills diseounted but not due, there
remains a net available balance of 58,079!. 4s. Id. for dis-
port]. This sum the directors recommend should be applied
as follows, viz. :—To dividend to the proprietors at the
rate of 8/. per cent. per annum on the sums paid upon their
respective shares, 17,8691. 13e. 4d. ; to proportionate
annual amount to amalgamation and preliminary
expenses accounts, 2,20 W. 4s. Id.; to reserve fund, 36,0001.;
to balance carried forward to profit sod ices new account,
subject to payment of income Mx, and remuneration to
directors and auditors, 2,0094 6s. Bd. ; total. 58,0791.48.1 d.
In accordance with the articles of usoetation two of the
directors, vit., Alfred Jarvis, Esy., and John Paterson.
Eaq., retire from aim at this meeting, and being eligible,
they offer themselves for re-electioe. The midden, George
Harvey Jay, Eaq., and Henry Thirborn. EN., also retire
from office at this meeting, end being eligible for re-election,
they offer themselves accordingly."
The CHAIRMAN, in moving the adoption of the report and
accounts, observed that the directors had carefully sepa-
rated the issue of notes from that of post bill' ; the issue
of the former being 100,0004, and that of the latter,
27,09 W. The deposits had not Unnamed during the
lest helf*Yeat ite !`" ;,;:i a. rvr
desired, *owing to the high V tutee el Wired
obtained by the public in other ways but he believed that
they might from this time expect an increase. The profits
hitherto made were at the sate of 12 per mat. ; and banking
at the Cape wee, in hie opinion, as safe as bankieg
any part of the world. The population was settled, and
the character of the transactions very simple. A man-
ner could always easily sift the character of the paper pre-
sented to him. The safety of the beak was increased by the
circumstance that there were a great number of bmochea,
as there was nothing that would justify the incurring of heavy
losses. 2,7001. was the amount of calls unpaid, and it wa
dre from a proprietor whom it was not deemed advisable to
press. The board intended to propose that the nominal
amount of shares should be reduced to 251., with 101. paid
up, leaving a marlin of thms.fif ths for the security
of the public —a liability which would exceed that of
the shareholders in the Chartered Banks, who were
only liable for double the amount of capital. Other
companies contemplated • similar policy, one great
object being to meet the °bloc:Hoes of small holders
to • large liability. In order to accomplish this object,
the company would have to be re-registered, and the shares
re-issued in an amended form, and as soon as the necessary pre-
parations bad been made the concern would be reconstructed
in the manner that he bad mentioned. A circular would be
issued asking the assent of the shareholders to this arraoge-

mint.
A SHAREHOLDER WWI what would be done if any BlWA-
bolder objected.
The CHAIRMAN replied that in that case it might be worth
while to adopt his shares and pay the party something. to
get rid of him. All the board asked for on that occasion
was power to register the company in a new name.
A SHARIEOLDRE eked what time would be required to
obtain the anent of the shareholders in the color,
The Chninuati.—Three months.
Mr. WlEffrill strongly expressed his approval _of the
scheme of reducing the nominal amoont of the shares,
observing that it; would probably induce numbers to invest in
the bank who now stood aloof on prudential grounds.
A SHARZHOLDEZ remarked ;that the &Beloit= might, in.
finance depositor'.
The CHAIRMAN observed that that question had been
well considered. The limited liability bank is London
which bad the largest amount of deposits was the Consoli-
dated Bank, which had two-tifths paid up, and a remaining
liability of threo-fiftbs. He believed the board of that bask
wished to increase the liability to 251. That ease tended to
show that the deposits were not likely to diminish if the
nominal capital were reduced.
After some further discussion, the report wee adopted,
and a dividend at the rate of 8 per cent, per annum de-
dared, being, the chairman stated, about two-thirds of the
'unity of the company.
After the reelection of director' and a vote of remu-
neration to them, at the rats of 2,0001. per annum for the
past year, and at the same rate for the current year, Mr.
Whiteford moved a resolution to the effect that the meet-
ing approves of the re-registration of the company in the
name of "The Standard Bank of British Africa (Limited),"
with a capital of 40,000 shame of 251. each, and that the
directors be requested to register it accordingly.
Kr.tod W. deßmieY• seconded the resolution, and it was
anis terminiouslna ted the moodier.

WEATHER REPORT.

,-(THIS DAY,)

FRIDAY. APRIL

N
Abordous
Gbh 30.46 4
Ardrosuin 30.40
Ore•scastla .38
Galway
Valsotta
gyps
=rr 30.311
10
Esbuset x 60
Nampo
0611111 .... 13088 52
Mire 30.00 57
Itnehotort —
rim*
r=uth 33.16 54
couils 30.10
brace 'NM
T306(01h 30.20 41
flosruoraugh. 90.3.6 4?
Ski& 10.46 46,
nrugoland ,

LN.L

N.N.K.
N.L

N.N.W.

NT&

)1711
N.N.E.

N.E.

• LIB.

Lii.z.
&E.

&NIL
N.N.W.

RAE.
N.N.E.

LIM

bm
m
bo
co
mb

Imo 10.171
I ime 1

NA.
N.
N.S.

PRORASIAL
SATURDAY. OM NORTREIR SUNDAY.
XL to RK, moderate COW. B.IL to &W. and N.W..
to dram foo pm- fresh, la ee strong.
rally. some MowNers.es
Northerly to E. and Wasymts. N.E. to RR. And S. W.,
beck, troth to strong, moderate to strong,
Oxshowers In plareL
ILK to &E., fresh to dorrrKON. As next above.
strong, One.
N.N..
freshW, to strong, fine

WEEMS. N.V. to B.E . ao4 In
places t? 8 W., Wong

Iforthera:Sootload. Weitern.lreland,, Walls. and Lila-
eindas. Southern=inglial Chimed sad 11•4 a Biscay.
Mailasallastward Ingland and Barth Bea.

M. Cousin has just arrived in Paris from Cannes,
sad briny with him a "Life of Masashi," which he has
written. The work will shortly b. published.