The Express.
London, England, 1866-05-15 00:00:00

LATEST SPORTING INTELLIGENCE

Orf IMMO

EPSOM MEETING.—(THIS DAY.)
CRAVEN STAKES. One mile and a quarter.
The Duke, Breadalbene, Rapid Rhone's dam a Br to
Mirella, Lecturer, Rococo,Leybourne,Clown, andHartmui.
All are here.

MATCH FOR lea. Five furlongs.
Cameo, 5 yn, Bat 104 and Gambler, 3 yrs, 7rt. Both
are here.

ROCS STAMM One mile.
Osbe, King Charming, Stuideelah, Gardet:snre,
Wild Agnes Primate, Holstda, Cutaway, Tourmalin,
Caustic, Actor, Lady Sophie, Sylph, Cecrops, Pirate, The
Crar, and Stinger are here.

HORTON STAIERg. T.Y.C.
Mongrel, Little Ellen, Bevan c, Vidi, and Gnbars. All
are here.

WOODCOTE STAKMS. T.Y.C.
Hermit, Cathleen, Premiere, Aylesbury, Achievement,
Jasper, Clairroyante dam, Feodor, Vida, Miss Sellon,
and Glengarnock are here.
BRIGHTON STAKES. Three-quarters of a mile.
Sidewind, Lady Sophie, Warrior, Attache, Audi:,
Viten, Vortigern, Victoria, Glendusk, Knight of St. 81
Michael, Clams, Applecross, Filbert, Valeria, Holstein, bc
and Cecrope are here.
HEATHCOTE PLATE. Half a mile. Si
Scarlet, Problem, Sylvia, Stud, Qui Vive, Verulam, 11
and Kilkenny are here. 8

FESTIVAL OP THE SONS OF THE CLERGY.
(THIS DAY.)

The Lord Mayor, sheriffs, aldermen, and other
members of the corporation of the City of London, pro- g,
ceeded in state to-day to St. Paul's Cathedral, for the "or-
pose of usisting in the celebration of the 212th anmver Si
-
sary festival of the eons of the chime. They were met by Si
the Archbishops of Canterbury and York, the Bishop of St.
David's, the Bishop of Ely, the Bishop of Lincoln, the s,
Bishop of Peterborough, the Dean of St. Paul's, the g
Venerable Archdeacon Sale, the Rev. Canon Champ- s
neya, Rev. Canon Dale, the Rev. Canon Mel. S
viii, the Rev. Sir Lionell Darell, the Rev. Dr. S
Butler, head master of Harrow School, the Rev.
Dr. Vivian, Mr. W. Foster White, the Archdeacon 91
of Ely, together with a large number of gentlemen who had 1(
undertaken to act as stewards. Arrangements had been
made to hold the service on the large open apace under the 14
dome, formerly set apart for the special evening services. In 11
addition to the ordinary choirof St. Paursthere werepresent
to assist, the'choirs of her Majesty's Chapels Royal, Weet-
minster Abbey, St. George's Chapel, Windsor, and others, g
numbering about 200 voices. The service was well rendered 2
and an appropriate sermon was preached by the Rev. W. Si
Gilson Humphry, 11. D., vicar of St. Martin's-in-the-Fields, Si
from which it appeared that the society grants—first, Si
donations to poor clergymen incapable of duty from
mental or bodily infirmity, or burdened with
large families. Secondly, pensions to poor widows and
aged maiden daughters of deceased clergymen and temporary
relief in cases of great age or sickness. Thirdly, appren-
tice fees and donations towards the education and esta- t
blishment in life of children of poor clergymen. Unlike 1,
other societies established for the benefit of a particular
district, or one class of sufferers, whether clergymen,
widows, or orphans, the corporation assists them all with
equal solicitude, and administers its funds to claimants in
all dioceses of England and Wales. The average number
of persons assisted yearly is about 1,300, and of these 712
are widows and aged single daughters. At the close of
the service a collection was made on behalf of the society.
This evening the members and friends will dine together
in Merchant Taylors' Hall, Threadneedle-street, under the
presidency of the Lord Mayor.

CHARTERED MERCANTILE BANK OF INDIA
LONDON, AND CHINA.-(THIS DAY.)

The annual meeting of the shareholders was held
at 1 o'clock at the offices, 52, Threadneedle-street ; Mr.
GEO. G. Nicol in the chair.•
The report, which was issued some time before, having
been taken as read,
The CHAIRMAN moved its adoption. He expressed regret
that owing to the deed of settlement the board could not
meet the shareholders earlier, especially as the shares
had been so much and so needlessly depreciated. He
begged the shareholders not to part with their shares at the
present price. The board had had to contend with consi-
derable competition for deposits among the banks
in Bombay, and hence there had been some falling
off there ; but, on the whole, the deposits were about
the same as they were a year ago. The state
of the cotton trade and of the exchanges had
operated unfavourably. Re regretted that the balance of
profit amounted only to 38,000/. This was owing partly
to the heavy loss which the company sustained in Bombay.
The manager sent out seemed from his previous career
the very nun to shield the L....tops:ly sgoinst loss ; but
nevertheless they had been great sufferers. He had no
doubt the result of recent events in India would be the
confinement of banking business to a very few
establishments, and among them that bank would,
he believed, take a leading place. The business
of the current year was very satisfactory ; and so far as
he knew there was no prospect of any loss. They held
some bills of Overend and Gurney and Horned's, but
they were not likely to sustain any loos by them.
He did not anticipate danger at any point except Bombay,
where there was not unlikely to be a monetary crisis ; but
they had now a very prudent manager there, and come
what might they were fully protected. (Cheers.) The
branches had been weeded of dangerous elements, and the
board would not allow any of the managers or other
officers to speculate. They had now a body of officers of
whom any company might be proud, and he felt certain
that such scandalous events as he commented upon last
year would not occur again. (Hear, hear.) The telegraphic
communication with India was working most satisfactorily
for that bank by keeping the directors informed of all that
was taking place in the East. Inorder to show the minute-
ness of the audit, he might observe that two or three mem-
bers of Messrs. Coleman, Turquand, and Co.'s staff were
working st the bank nearly the whole year, and though the
cost thus incurred was 6001. a year, he was sure the
shareholders would consider that amount well expended.—
;Cheers.)
Mr. litismAT inquired what was the amount of loss sus-
tained last year at Bombay!
The CHAIRMAN thought it best not to state that pub-
licly, but he was willing to give the information to the
shareholders privately. (Hear, hear.)
A SHAREHOLDER expressed his satisfaction that all the
losses had been provided for, and that the business
consisted almost exclusively of exchange business.
The report, from which it appeared that the dividend
for the year was 13} per cent., was then adopted, and the
retiring directors were re-elected.