The Express.
London, England, 1860-07-09 00:00:00

THE UNION BANK OF LONDON.

The directors of the Union Bank of London
have netted their report, in anticipation of the general
meeting fixed for Wednesday next. This document,
which has been looked for with great interest by
the shareholders, purports to give the details of Pul-
linger's defalcations, as far as they have been as-
certained by the directors in the oourse of their
prolonged investigation. The precise amount of
the frauds is now ascertained to be 263,1251. 6e. 10d.
Some particulars are st6nded of the manner in which
this sum has been disposed of. A sum of 117,2741. has
been traced as payments to members of the Stock
Exchange, and "is supposed to represent losses
sustained by Pullinger in time bargains." A sum
of 62,7991. has likewise been traced to a bullion
broker named Nathan, said to be deceased, who was
ghaEn not a member of the Stock Exc , but " who is
known to have been largely en with Pullinger
in speculative operations." A ce of 83,061/.
has not yet been traced. The sum realised from pro-
perty belonging to Pnllinger is 11,1161. The di-
rectors then refer to the system of checks which
they hsve instituted, and pay another tribute to
the zeal and services of their manager. They next
allude to their correspondence with the Committee
of the Stock Exchange, reiterating their remark
that the bulk of the money has been lost
on that establishment, and somewhat tardily
assigning a reason why they did not com-
municate to the Stock Exchange what had come
to their knowledge respecting the transaction
between Messrs. Scrimgeour, the brokers, and Pul-
linger. The manner in which the loss is to be met
is as follow. :-1. The reserve fund, which realised
100,8611., is swallowed up. 2. It is proposed to
"re-debit capital account" with the sum of
120,0001., which was carried last year to credit of
that account from the reserved fund ; and 3. The
balance 31,1561. required to make up the
252,0081. of net loss, is to be paid out of the profits
of the year. This course will allow of a dividend
of 12s. per share for the last six months, making
with the dividend and bonus paid in Janum'y
last a total payment for the year of 12}
per cent. on the capital of 720,0001. An un-
appropriated balance et 3,4061. will remain to
be carried forward. The directors conclude
with the remark that, apart from this lamentable
affair, the position of the Bank is perfectly sound
and prosperous, and they state that the number of
the Bank's customers has considerably increased.

Nummous Dierzuern, Fixas—During Satur-
day and yesterday morning several fine, some of an exten-
sive character, happened in various pert, of the metro-
polls. One broke out on the premises of Mr. J. Slaney, •
cabinet maker, situate at No. 5, Brett's-buildings, Fins-
bury-market The cause of the outbreak could not be
ascertained, but when the fire was first discovered it had
obtained a firm hold of the workshops, and it was rushing
through the roof, seising upon the premises belonging to
Mr. J. Wilkinson, • budder, Mr. D. Mount, a tobacconut,
and Mr. A. Weivrter, a bedstead maker, No. 8, Fest-skeet.
The en Puee of the parish and London brigade were soon in
attendance, and • good supply of water was obtained, but
the fire was not subdued until the whole of the workshops,
80 feet long, were destroyed ; and the premises of Mr.
Wilkinson, builder, Mr. Mount, and Mr. Webster, were
severely damaged by fire, Ste. Mr. Haney was insured in
the Phenix and Manchester Fire-offices ; Mr. Wilkinson
was insured in the same office ; but the other
sufferers were not insured.—Another fire broke out yester-
day morning, about 1 o'clock, oa the premises of Miss Jane
Grey, No. 40, Upper Baker-street, Marylebone. It was
eased by • spark from • lighted candle, which ignited the
had and furniture in the second floor. The Royal Society's
escape and the engines were quickly in attendance, but the
ever could not be subdued until a very serious amouut of
damage was done, and unfortunately the sufferer was not
insured.—A third fire happened on the premises of Mr.
G. G. Carter, No. 3, Artillery-terrace, Brewer's-green,
Westminster, which destroyed the back room first-floor and
its contents.—Another fire broke out on the premiers of
Mr. W. Muller, artist's oolourman, No. 62, High Holborn,
which was not extinguished until considerable damage
was done.

[ .
naYertmetnent.]—HOLLOW AY'S PILLII.-BILIOIII-
- Duman:. or rim Lax': —After the long continual wet
weather the hot summer sun will cause the atmosphere to be
enrcharged with deleterious exhalation*, which win produce
Men and irritation of the bowels. To teeth the undue action
of the liver, usually the Out indication of febrile complaints, the
pills invented by ?referee Holloway stand unrivalled. Thar
pills are es cheaply and early purchased that none need *War
either from nausea, !officered', disordered liver, diadems, or
toepl.l bowels, or, in e word, from any functional irreguLtrity.
These pills produce a happier effect on the digestive organs than
any other medicinal compound whether mineral or tearable.
By their mesas say person tan easily secure robust health.