The Express.
London, England, 1866-08-02 00:00:00

LATEST SPORTING INTELLIGENCE

(By =ammo TILSIMAPIL)

GOODWOOD MEETING.-(THIS DAY.)

ZETLAND STAKES.
wiild Briar
Beelzebub ...

SWEEPSTAKES OF 200 BOYS. T.Y.C.
Charming May, Maid of Maaham f,Thoraday, Haider,
and Harloquin f are hare.

MOLECOMB STAMM. T.Y.C.
Milan, Maria, Alexander, Prodigal. Red Ethos, Fre?,
mason, Marksman, Pericles, and Rarptnden are here.

RACING STAKES. One mils.
King Hal, War, Langham, Centaur, Apeley, Beelzebub,
and Staghound are here.
GOODWOOD CUP. Two miles and a half.
Moulaey, Broomielaw,The Duke, Archimedes, and Tour.
malin are here.
PAID FORFElT.—Glactiateur, Dail: &amender, General
Peel, Cambuacan, Backfoot, &raft Regalia, sndJanitor.
6 to 4 on Tourmalin
2 to 1 Duke don't run.
TWO-YEAR-OLD MEMORIAL STATUS. T.Y.C.
Splitvote c, Vanban,_
_Charming May, Taraban,
locks, Blanche of Middlebie 1, Cincinnati a, and Harlequin
o. are here.
CHICHESTER STAKIII. T.Y.C.
Ostreger, lOst nb ; Queen of Trumps, Bst 131 b ; Trouble- 9t.
acme, Bst 91b ; Lord Ronald, Bst 71b ; Confederate, Bst 41b ;
Overture, Bet Ilb ; Star, 7st 10lb ; Brisk, 7st 71b ; MTh. rt...
Stratton, lit 71b ; Salliet, 41b ; Gretna, 7st 21b ; Lord at..
Waldegrave, 7st Mb ; Nukuheva, Sat 9tb ; Chibisa, 6st 9113 ; at.
Acton, Sit Sib ; Sister to Minnie, Set 31b : Queen of the M.
Isles, Est 21b ; Thalia, Sat Mb. All are here. Bt.
THRER-YEA.R-OLD MEMORIAL. One mile and a half. gm,
Westwick, War, Effervescence, Beelzebub, Monarch of St.
t.
the Glen, Wolsey, and Leybourne are here.
FOUR-YEAR-OLD MEMORIAL. Three miles. in,
Klarinska, La Fortune Skirmish f, Arkanaes, Alex- St.
dm, and Nightwatch are here. 81.
DC.

LONDON AND COUNTY BANZ.-( THIS DAY.) 1 58Z

The half-yearly meeting was held at the London 10
Tavern, at 1 o'clock ; Mr. W. inot in the chair. 10
M
10e
The following are the report and balance-sheet is
" The directors in submitting to the proprietors the is
belanesobeet of the bank for the half-year ending the 30th et.
..1111111 last, have to report that, after payment of all 9
*bargee, interest to customers, and making ample provision °
tb
1-
for bad and doubtful debts, the net profits amount to SL
85,4401. 17s. Bd. ; this with 14,5271. 18s. 10d. brought 84,.
forward from the last account, produces a total of sa
99,9681.165. 6d. They have declared the usual dividend 95
of six per cent. for the half-year, with a bonus in addition 01.
of five per cent. (equal to 92 per cent per annum), which St.,
will amount to 82,5001., and leave 17,468/. 16e. W. to be 75.•
carried forward to profit land loss new account. Mr. John la
Edmund Anderdon has been elected a member Bs.
of the board. Mr. Hugh C. E. Childers, M.P., 10
who retired from the direction on assuming the position 1.0
of secretary to the Treasury in the late government, being
now relieved from the duties of his office, will, at the
unanimous request of the directors, resume his seat at
the board. The dividend and bonus (together V. 4e. per
share) free of income-tax, will be payable at the Head-
office, or at any of the branches, on and after Monday, the
13th Inst.
" Balance Sheet. -Dr. :To capital paid up, 750,0001. ; ;
to reserve fund, 250,0001. ; to amount due by the bank for 9
customers' balances, &c.,10,718,4831. 16s. Id.; to liabilities s
on acceptances, 2,032,4901. 10s. Id-12,750,974f. 6s. 2d. 5
to profit and loss balance brought from last account,
14,5271. 18e. 10d. ; to gross profit for the half-year, after
making provision for bad and doubtful debts, 348,310/.
10a. 10d.-362,838/. 9s. Bd. ; total, 14,113,8121. 15e. 10d.
Cr.: By cash on band at head office and branches,
2,149,2161. ss. Id.; by cash placed at call and at notice,
883,3961. ss. 9d.-3,032,612/. 10s. 10d.; Investments, viz. :
Government and guaranteed stocks, 194,3811. 17s. 3d.;
other stocks and securities, 99,3081. 13a. lid.-293,6901.11s. 2.L; by discounted bills, and advances to
customers in town and country, 10,410,7721. 81.;
by freehold premises in Lombard-street and Nicholas-lane,
freehold and leasehold property at the branches, with
fixtures and fittings, 156,078/.lBs. ; by interest paid to
customers, 126,5811. 10s. sd. ; by salaries and all other ex-
penses at head office and branches, including income tax on
profits and salaries, 94,0761. 17s. 51. ; total, 14,113,8121.
15s. 10d.
" Profit and Loss Account : To interest paid to cus-
tomers, 126,5811. 105. sd. ; to expenses, as above, 94,076/.
17s. sd. ; to rebate on bills not due, car .:ed to new ac-
count, 42,2111. se. 4tl. ; to dividend, of 6 per cent. for the
half-year, 45,0001. ; to bonus of 5 psr cent., 37,5601. ;
to balance carried forward, 17,468/. 16a. 6d.-total,
362,838/. 9s. 8.1. By balance brought forward from last
account, 14,5271. 18s. 10d. ; by gross profit for the half-
year, after making provision for bad and doubtful debts,
348,310/. 10s. 10i-total, 362,1.381. 9s. Sd."
The CHAIRMAN moved its adoption. He commenced
by referring to the perilous ordeal through which the
bank had passed, and the successful manner in which it
had gone through the trial when many other banks
had succumbed. Nothing could be more unser upulous
and malevolent than the conduct of certain members of
the Stock Exchange with regard to that bank-con-
duct which had caused great anxiety in many private
families. Most calumnious reports were spread by
the persons to whom he alluded, and nothing
could exceed their determination to ruin the bank if pos-
sible. As regarded the accounts, the capital and reserve
remained intact. There was a diminution of
1,124,00 W. in the customers' balances, which now stood at
about the same amount as this time last year. Under all
the circumstances it was wonderful that the bank had suf-
fered so little, and he was happy to say that money was
coming back again, and the customers balances had in-
creased 350,0001. since the let of July. (Cheers.)
After some discussion the repot was adopted, and a
dividend of 6 per cent. for the half-year having been
I declared, the customary votes of thanks terminated the
proceedings.

THE ALLIANCE BANK (LIMITED).
(THIS DAY.)

An extraordinary general meeting of the share-
holders in this bank was held at the Bank-buildings to-day
for the purpose of confirming the resolution passed at the
recent meeting held at the London Tavern, to the effect
that the eusting rules and regulations of this company
should be repealed, and that in lieu thereof (*ruin new
rules and regulations should be substituted. Mr. CHAYTOR
was in the chair.
The advertisement csliing the meeting having been read
1 by the secretary,
The CHAIRMAN moved the formal resolution confirming
the previous one, stating that the change proposed to be
made were fully explained at the last meeting, therefore
it was unnecessary to reiterate the statement he then
made.

In reply to SHAREHOLDER,
The CHAIRMAN said that a copy of the resolution had
been sent to every shareholder, for the purpose of eliciting
their opinion, and they could not now enter into the
question of the increase in the qualification of the
directors. He added in reply to another question that
they had not at present any opportunity of letting the pre-
mises in the building not required for the purposes of the
bank.
The resolution was then agreed to, and a vote of thanks
to the chairman concluded the proceedings.

SUSPENSION OF THEON. OLD BANE AT CONGLH
T

Yesterday great excitement was occasioned in
the town of Congleton in consequence of the stoppage of
the Old Bank, belonging to Mr. George William lialL At
9 o'clock, the hour of opening, the following notice was
posted on the bank doors :
" In consequence of the lompoontinued pressure in the
money market, the proprietor of this bank feels bound, in
justice to his creditors, to suspend payment. A meeting
of creditors will be called as soon as a complete statement
of the accounts can be produced."
The consternation and surprise which this totally un-
expected announcement created was depicted on the
countenances of the group. of tradesmen and others who
trod round the budding as the intelligence spread
the town and neighbourhood. It is generally
thought, however, that the operations of the bank were
not of that extensive character locally as to very seriously
affect the town, beyond the individual losses of the fe
rather heavy depositors connected with it. The
bulk of the loss—should there he any absolute permanent
deficiency—will, it is expected, fall hardest upon the old
families in the town and neighbourhood. who have for
many years kept accounts at the bank. There are three
banks in the borough—the Manchester and Liverpool Dis-
trict Bank (branch), the Congleton Savings Bank, and the
Congleton Old Bank, the one which yesterday suspended
payment. The latter is a private hank, and has been in
existence, under one firm or another, for a number of years.
Formerly, the business was carried on in the name of
Fowler, Gaunt, and Co. ; afterwards the late Mr. Fits-
Adams conducted the affairs ; and, for the past sight
or nine years, Mr. Hall has carried on the bank.
The exact cause of the stoppage, beyond that alleged in the
office notice, has not dearly been ascertained ; and it is
merely surmise at present whether the failure a few weeks
ago of the English Point Stock Bank of London (formerly
Belden, Sharpe, and Co.), the metropolitan agents of the
Congleton Old Bank, has precipitated a Eimilsr disaster
in connexion with the latter. The bank proprietor
was the treasurer to the Congleton Corporation,
the Congleton Poor-law 'Onion, the Congleton Savings
Bank, the Congleton Gas Company and Lighting In-
the Society for the Propagation of the Gospel,
etreefittr'Battalion of Chester Rifle Volunteers, and a number
of other local bodies. Mr. Hell, the proprietor, yesterday
resigned his office s treasurer to the corporation. The
event is doubly disastrous owinir to the unparalleled de-
pression which has for a long tune existed in Congleton,
there being a greater number of heads out of employment,
and a larger number of dwellings empty than for the past
twenty or thirty yean.—Mmentseter mssininer.