The Express.
London, England, 1866-01-19 00:00:00

QTEAM.—LONDON to GOTHENBURG in
42 hours.—The magnificent, fast, and weU.known twin
nem steamer MARY (1.000 tons burthen, 300 horse power).
Captain T. LEIGH, will clear forthe above port on FRIDAY, 100,
test. During the recent hear) gales this steamer made the run
tfOrn London to Gothenburg In es hours, and back to London In
47 hours. Has splendid accommodation fur saloon passengers.
la freight or passage apply to PHI LLIPPS, GRAF/fal,
PHJL-
LIPP3 and Co., St. Dunstan slow, EC.

IMPERIAL MERCANTILE CREDIT
ASSOCIATION (Limited).
NOTICE 18 lIKKEBY GIVEN, that the TRANSFER BOOKS
el UM Amociatlon will be CLOSED from the 10th to the 23rd of
January neat both dik) a inclusivo.—By order,
W. C. WINTIBBOTTOIf, Secretary.
27, Lombard-street, 20th Dec., 1363.

SEVENTH REPORT of the ALLIANCE
BANK (Limited).
At a GENERAL NIEETINi: of the Shareholders held at the
Loudon Tavern, Bisho agate-street, in the City of London, on
THURSDAY, kith January, 1866, the following report was pro-
bated
The Directors have to repot t that the net profits of the Bank
teethe last half-3 ear After making the necessary deductions for
interest on current and deposit eccouata, current expenses, bad
debts, and rebate on bills not yet due), amount to £22,980 8a 3.1.,
which with £1,485 15e. 6d., balance from the previous half-year,
makes a total of £27,466 3s 9d. This sum it is now proposed to
appropriate as follows, viz :
£24,10 16 3 iu payment of dividend.
500 0 0 in reduction of preliminary expenses.
1-2 14 1 in reduction of building, de., account.
1,03 13 5 to peek and loss new account.

07,466 S 9

The dividend which the Directors now recommend is at the
rate of 5 per cent. per annum. free of income tax, or 120. 6d. per
attire on the old (dune, And 111.5 d. per share on those Issued In
. . . . . . .

In fullilment of the pledge given by the Directors at the last
meeting of the shareholders, to deal decisively with the accounts
which have been specially referred to in their two last hall-
'arty reports, t set art from the reserve sum
rg 1.112.1 rt fia rheyd., tohave
meet anypa loss that may ariasfund the
from the
amounts connected with the General Rolling Stock Company.
And in order to remove any uncertainty as to the loss on other
doubtful debts of 1864 having been fully provided for, the
Directors have deemed it advisable to write off their entire
amount from the reserve, to the extent of £32,260 Bs 11d.
These deductions will leave the reserve fund at E 70,000.
It was announced at the la .t meeting that the Directors had
elected Matthew Button Chay tor, Esq., to a seat at their Board,
sod they hove Low to ask the shareholders to confirm that elec-
tion ; and ohs that of John Elm, Esq., in the place of John
Bloxam Elin, EN., renamed.
N.B.—The Dividend Warrants will be forwarded to the share-
holders on or before the Pith
TILE ALLIANCE BANK (Limited).
BALANCE SHEET, DEC. 31, 1860.

DS.
To capital pall op—viz :
L•_'S per shore on :.o.ooe shares .C 730,000 0 0
So LtS per share on
9,766 shares, less 177
forfeited ;equal to
9,569 shares) £39.725
Leis calli in arrear 3,910

235,735 0 0
985,735 0 0

To amount due to customers
on currant and depoAtt ac-
counts, circular notes, .t:o £1,811,476 19 2
Acceptant es

2,504,164 3 7
70,000 0 0
11,540 13 9

To reserve fund
To rebate reedunt
To profit and 103 i ba'auce, 30th
June, 1885
To net profit for haltirear ending
31st December, 151.4 22,9'e0 8 3
27,466 3 9

.C 4.495 15 8

1.3,698,00 1 1

eft.
By cash in band, at Bank of England, and at call £435.929 18 0
By investments in Guns, th and India stock lOO,OOO 0 0
By bilk of exchange, loans t., customers, &c 3,007,456 9 3
By buthliogs, furniture, bank fittings. &c., In
London, Southwark, Liverpool, Manchester,
and Birkenhead
By preliminary expense'

L%698,'JG0 1 1
PROFIT AND LOSS ACCOUNT.

DR.
To current crpenses, including salaries, sta-
tionery. law charges. directors* remuneration,
provision for bad debts. o:e., and income tax. £24,534 3 1
To interest OD current ant depooit accouots 20,296 15 3
To rebate on bills discounted, not yet due 11,540 13 0
To dividend account for payment
of dividend of 12.1. Gal per share
on 30 000 shares.... ..... . £13,710 0 0
To ditto for payment of dividend
of ilk 3.1. per share on g.),5,.i9
shares

5.393 16 3

124,143 16 3
To amount written off preliml-

nary expensts
To amount Written oil building

500 0 0

account
To halancl carried to profit and
lois new accoiud

932 14 1

1,613 1.1 6

CR.
By halence, 30th June
By =nu peons fur haltyear ending Dtcembzr
31st, 134,5

117 balance brought down
RESERVE FUND
To bad debt account
Balance carried down

CR.
By balance, 30th June, 1966
Premium on share, since received