The Express.
London, England, 1866-08-14 00:00:00

WOL'

LONDON BETTING.

2 P.Y.

Very few members present, and little doing. The
Ebor Handicap is the only race bet on. The following are
the quotations:

7 to 1 apt Gomera (t)
7 to 1 Caithness (t)
10 to 1 Mnulsey (t)
10 to 1 Glendale (t)
12 to 1 Zambia (t)

CARNARVON ELECTION.-(THIS DAY.)

(BY ILICTRIC TILLGILLPH.)

CARN.LRVON, TVZSDAY !domino.
Captain G. Douglas Pennant, son of the late si
representative, now Lord Penryhn, was elected this morn- ri
ing without opposition. There was no excitement attend- 11
tug tLe proceedings.

LONDON AND SOUTH WESTERN BANK.

(THIS DAY.)

The sixth ordinary half-yearly meeting was held
at the London Tavern this atteanoon ; Mr. S. H. HADLEY
in the chair.

WThe
111:CirrsitY (Mr. R. G. Cleather) reed the following
report
" The directors have the pleasure to submit to the pro-
prietors a statement of the affairs of the bank for the half-
year ending 30th June last. The following statements of
account show (after writing off bad and making provision
for doubtful debts) a gross profit of 29,500/. 6s. 4d., in-
cluding the amount brought forward from the previous
half-year, and after payment of all expenses, interest,
kc., there remains a disposable balance of 8,2a71. 12e. 9d.
The dinctore recommend the payment of a dividend at
the rate of 6 per cent. per annum, free of income tax, and
that the balance of 2,227/. 12e. 9d. (which includes 1,1391.
12s. 3d., rebate on bills not due) be carried to profit and
loss new account. It is gratifying to the directors to state
that notwithstanding the recent monetary crisis, the
business of this bank continues to improve, and during the
past six months many valuable connexions have been
secured. The dividend will be payable at the head office
or at any of the branches on and after Tuesday, the
21st inst."

dL ;100

The CHAIRMAN moved the adoption of the report, and
in doing so congratulated the shareholders upon the very
gratifying results of the half-year, which showed the con-
fidenoe of the public in the undertaking. The past six
months bad been marked by great monetary difficulty and
when mob statements were produced under circumstances
so unfavourable, the best indication was afforded of the a
future prosperity of this young undertaking. Their busi- g
ness had gone on increarmg and was still increasing daily
without interruption. He pointed with satisfaction to
the addition of 1,500/. to the reserve fund. a
Mr. E. ZUCCANI seconded the motion. li
A SHARZHOLDRR, while expressing his gratification with 1,
I the report, and his confidence in the direction, expressed 8
as opinion that considering the state of the money market
the whole of the profits might have been advantageously
carried to the reserve. He wanted to know how it was that
the preliminary expenses remained at so large a figure as
9,0001. in the amounts.
The CHAIRMAN said the dividend was one that the com-
pany could well afford to pay. The preliminary expenses
were reduced by 5001. at the last meeting, and were being
gradually wiped off.
Mr. You!. considered that the direction of this company
had done more than any other body to restore confidence
in the City, and—
Mr. GAIRWORTHT, taking the same view, expressed the
opinion that if the panic continued for the next six
months there need be no fear for the London and South
Western Rank. (Cheers.)
The report was adopted.

le- In
2o! is

LONDON AND BLACKWALL RAILWAY.
(THIS DAY.)

The sixtieth half-yearly meeting of the pro-
prietors of this railway was held at the London Tavern, at
noon, Mr. F. JeNanoirrafr, the deputy chairman,
The pre-
siding.
report, which hes already been published, stated
that the rents under the lease to the Great Eastern Com-
pany had been duly received for the half-year ending the
30th June last, end a dividend at the rate of V. 10s. per
cent. per annum might now be declared on the ordinary
and preference stooks of the company.
The CHAIRMAN, in moving its adoption, announced that
the outstanding accounts to the 31st December last would
shortly be adjusted and settled, when a further payment
would be made to the shareholders in the way of dividend
that would bring the division for the Tear 1966 up to 31
per cent. There had already been a division of 2 per cent.
on that period.
The report was unanimously paned, and the dividend re-
commended declared payable on and after the 15th instant.
A vote of thanks to the chairman and directors closed
the proceedings.

Mr. Eyre, the ex-Governor of Jamaica, has taken
up his residence in Southampton for the present.
We are informed by telegram last night from
Dublin, that the Master of the Bolls has been seised with
paralysis at his seat at Blairgowrie, and is not expected to
survive.
A MEETING OT 6,000 COLLIERS' AT ROLLING-
' WORTH LAIL —Yerterday afternoon about 6,000 millets
from Methie7, Wakefield, Leeds, Adwalton districts,
West Yorkshire; Farnworth and Beasley districts ; Old-
ham, Ashton, and Dukinfield districts met at Holing-
worth Lake to consider various subjects connected with
their trade, and to promulgate the benefit of unions.
William Ackroyd, of West Yorkshire. officiated as chair.
man.—Mr. John Dickson, of Draughtington, at great
length, endeavoured to show the beneficial influence of
trade unions, and urged that it got the working class
a higher rate of wages. Mr. William Brown next
addressed the meeting. He awaked them what made them
now work 'l2 hours a day! It was ignorance. What
made them poor ? It was ignorance. It
the eight hours' system were universally adopted they
would be improved in education, in month, in religion,
and trade would also improve. If they kept coal out of
the market they knew very well they would get • better
pries for it. There was no commodity that would keep
so well as coal, and it would keep nowhere better than
where it was to be found. He regretted to say
that the Wigan miners were • great drawback to their
program. The Wigan miners had 6,0001. in the bank, and
yet they would not attempt to improve the Mate of things.
Mr. Allen Tetlow, of Oldham, next addressed the misting,
and was followed by Mr. Thomas Halliday, who referred
to the measures before parliament during the pest session
respectins the management of collieries, and he put •
aeries of questions to the meeting, such as did they
approve of boys not being allowed to work in wapiti
until they were twelve years of sge ? A show of kends
was in its favour. Did they approve of an increased nom-
her of inspectors!-Yea. Did they approve of agents
or managers of ooalpita going through scientific mantissa-,
•tion before they were allowed the management ?—Yes.
The meeting broke up shortly after.—AlcsarAester
Guardian.