The Express.
London, England, 1859-07-29 00:00:00

UNITY BANI.-(Till D4l)

- -
The half-yearly meeting of the shareholders was
bald this morning st the Loudon Tavern, Mr. Alderman
Knout is the chair.
TO 13ROWART (Mr. Birch) read the following report
sad balenooritest :
" The directors in again presenting to the shareholders the
half•yyesssrrly statement of the affairs of the bank, can with
eoddnaestate that the beak continues to make sway pro-
E: I end Is gradually increasing the number of
ettorre. The directors have succeeded in letting that
podium of the ground floor in Cannon-street not
setrabed by the Oak, and this with the income derived from
the Brigham freehold, will teed to a material increase of
essenwe. The West-rad breach has for the feet time since
the eammommot of operations yielded a profit. The
atoms led this a steady pereeverance in the comes they
bane permed masa soon result in profits, which will enable
the bank to pay dividend. to the ahereholders.
" Balance demi-To paid up capital, 170,0601. ' araonat
Las on current sad other amounts, 123,2941.2. 8d: ; balance
of interest account, after papetot of Wriest to customers,
C 511406100,3,3711.34.41.; Westßranch, 6291.138.74.; Brigh-
teaditto, MIL Mead-4,0701. 1 le. Id. Total, 303,42•1 13s. 9d.
Cr.: By preliminary expenses, 33,1481. 15s. 61. • investment
ia Oak premien (Mclading freehold at Sachem), 24,4761.
2..7d. ; profit and loss old Recount, 1,6011. 3a. 103. ; Mrs on
bills dieocautted, loans, Ac., 38,0781.165. fid.-together,B9,679l.
19e. 7d. ; current exprases from Ist Jan. to 30th June, 1859-
Chief Milos 2,2561. 61. 3d. ; West bomb, 6231. 14s. 10d. ;
Brighton ditto, 3031. 10e. Bd.-together. 3,0831. 11. 9d.
Bills discounted, and loans to customers. 168.7251. 10e. &I.
cash in band, 44,3111. 18e. Bd.-together, 203,0371. fr. '
Total, 393,4241. 13e. 9d.
" Profit and Law Acoonnt.-To carrot expenses from Lot
January to 80th June, 1859, 3,0631. 11.. 9d. • to briaece to
be earned to the credit of peolit and low,old account,
998/. 19e. 4d. ; total' 4,0701. 11s. ld. By balance of in-
terest accoant, after payment of interest on customers'
balances, 4,0701. 11. Id. We, the undersigned. have o-
mitted the foregoing halancwsbeet, and compared the items
it comprises with the several books end vouchers relating
thereto. and have found the same to by correct.-Signed
Wau Gould sad Wee. Hopwood. auditors."
The Cnantnew, fn moving the adoption of the report,
said it was two years since the new management of that
bank began, and it behoved them to consider how
far the condition of the bank had been ameliorated
sines thtsiod. The lest two years had been devoted to
the cot ' a the error of the first year, and the board
had encore in accomplishing their object. In the first place
they had largely diminished the expenditure without mate-
rially diminehing the bueinees. While the expenses bad been
reduced from about 20,0001. to little more then 4.0001., the
deposits had not mach decreased, and the character of the
aeconnte was wonderfully improved. Moreover, while the
bad debts arising on' of the first year's transactions
amounted to nearly 40,0001, those incurred at the bead-office
during the last two years undo the manapment of Mr. Tiny,
although that reriod included the fearful panic of 1857. del
not erased 1,2001. or 6001. a year,while at the West HMO's&
rite loas during the same period was oely between three and four
hundred pourile. The total amount of bad debts of the
,potatirdinsg tntreethwee:
yamßrighton.
due bills which had from time totems appeared in thebelance-
branch.
geolichtowaseighut'whtuctrdred
obese because it was hoped that something would
be realised were now all trattes off. A su
cient time haring now elapsed to enable the direc-
tors to form a oorrect optima*, it was thought that that
coarse was the hot. (Rear, hear) The board bad been
somewhet disappointed in the reelisation of use or two assets
Among the. was a skip, which was taken as wordy for
3,7001. 2,0001. ea. ultimately accepted; and the directors
take cue revert° touch a ship as recurity again ea loci
they lived. (Laughter.) As regarded the rectories ot
expeediture he was IthpfLino say that they had lately suc-
ceeded in Iritiog off a portion of the Cannon-street
premises and he btlieved t had now gone as far fat that
direction as they could go. He belieeed that the
profit of the next yaw am ld be suMeleat
to re
a dividend. He himself might be outsiders. a
little too penguin.; but be believed that Mr. T wee of the
...pinion. (Rear, hear.) When that anticfpatfoa was
realised, it would be for there to set aside one portion of the
amount available for dividend, and the remainder towards
liquidating the bad debts. He eoednded by exposing his
firm conviction that the bank had now summon ed all its
1
chief difficulties end would from that time be pn greasively
pecteperous (Chem.)
The motion was seconded by Mr. Co TIIIIIIIIT, and carried
uorairsouely.
Major Mulkern having been re-elp tad a director, thanks
were voted to the manager, the chairman, and directors and
the auditory, respectively, after which the meeting separated.

MONEY MARKET -7111 S DAL.

Two o'Otocar.
The Stock Exchange is extremely quiet to-day.
Business is languid, and the principal occupation et
• ' ' .

the dealers haaconaisted of the comlet'of the
p ton

settlement in shares and foreignstocki. The fonds

are quoted the same as at the close yesterday ; and
in the other markets prices are likewise fairly

supported.
The Three per Cent. Bentes opened at I'aria to-
day, according to Mr. Renter's telegram. at 6Bfr.
70c. for the account, whence they fell to 68fr. 60c.,
being I per cent. lower than the Met price of yes-

terday. -
Consols are officially marked aq to 951 for money,
and 941 to 95 for the 9th of August. The present
quotation is 941 to 95 bothformoneyand the account.
Bank Stock has been dealt in at 221 to 223;
the Three per Cents. Reduced, at 95 to 951 1 the
New Three per Cents., at 93 to 961; the Five per
Cents., at 111; Indian Four per Cant. Debentures,
1868, at ; ditto, 1869, at 931; the scrip of the
last Indian Loan, at 941.; India Sonde, at 3a. dia.;

and Exchequer Bill., at 28s. to 31s. prem.
There are again some inquiries for Turkish stocks,
which are rather firmer, the old loan being quoted
801 to 811, and the new, 701 to 711. In other foreign
stocks there is no alteration worthy of notice.
Sales are recorded as follows :—Brazilian Four-
and-a-Half per Cents., 1868, 941 ; Mexican Three
per Cents., 181, 181 ; Portuguese Three per Cents.,
1863, 441, 441; Spanish Three per Cents., 44;
Turkish Six per Cents., 1864, 81/, 80/ ; ditto for
account, 811, 81; ditto Six per Cents., 1858, 701.
701; ditto for account, 711, 711; ditto Guaranteed
Four per Cents., 1041; Venezuela New One per :
Cents., 141.
The demand for money at the Bank yesterday was
brisker than of late ; and in other quarters very few
bills were taken below the Bank minimum. Dis-
counters showed a disposition to raise their terms for
long paper.
There are rumours that the coming Indian Loan
will not exceed five or six millions.
No gold was taken from the Bank to-day fur ex-
portation. Only 30,0001. of the specie by the Van-
derbilt area on English account, 20,0001. of which, in
gold, was taken for the Continent; the rest consists
of Mexican dollars. The City of Baltimore bas
arrived from New York with 218,0001. in specie,
which will also be sent away.
In explanation of the further delay in the arrival
of the long overdue Australian mail, which was last
heard of at Aden, it is suggested that autumn-
' ebb weather may have mused a delay of two or
the.. days in the arrival of the Calcutta and Mina
malls at Sus : the former would he detained waiting
for the latter. The inconvenience to the mercantile
interests connected with Australia is severely felt,
and furnishes a strong additional argument in favour
of the immediate establishment of an additional mall
service by the Panama route.
A large steamer, supposed to be the Onside,
arrived off Port Phillip Heads, from Suez, on the
29th of April, with the English mail of February,
being the last under the Royal Mail Company's con-
tract. She had made a quick passage.
The expected call of 60 francs, or 21., on the
shares of the Lombardo-Venetian Railway Company
is officially announced, and is made payable between
the Ist and 15th of September next. It is notified
that, The shares being quoted on the Paris Bonne
for the ' liquidation' of the 31st of August, the share-
holders will be allowed to anticipate the payment of
the call from the 28th of that month."
Advioes from Paris allege that the sale of railway
bonds through the Bank of France goes cm with a
satisfactory
.degree of rapidity, so much so that hopes
are entertained that the same plan (in lien of a
public subscription) may be pursued with regard to
the further sum of six millions sterling of bonds, the
issue of which bad been arranged to be made by the
railway companies themselves, without the interven-
tion of the Bank.
The Eastern Counties Railway traffic return shows
this week a decrease of 9891.; the Midland an in-
crease of 7841.• the Lancashire and Yorkshire an in-
crease of I,ooBi. ; the East Lancashire an increase of
4841.; the Manchester, Sheffield, end Linoolashire,
an increase of 1,0721. ; and the North Eastern a de-
crease of 6041.
The half-yearly meeting of the Great Northern
Railway Company is convened for the 20th of
August, and that of the London and Blackwell
Railway Company for the 18th of August.
A meeting of the Great Luxembourg Company is
called for the 6th of August in London, preparatory
to the thirteenth annual meeting, called for the 18th,
at Brussels.
A meeting of the Netherlands Land Enclosure
Company was held yesterday. The chairman,
Mr. Bidder, referred in terms of regret to the recent
rejection of the company'sbill by the Dutch parlia-
ment, and stated that the only plan to adopt was to
appeal once more to the Dutch government, which
would, he hoped, alter a little more pressure, accede
to the improved terms required.
The position of the market for American securities
is thus noticed by Messrs. D. Bell, Son, and Co. :
The mast for American Bate Stork, continuos to its.
prove. During the past week tbe inquiry for them has been
general, whilst the more active demand has been foe the
bonds of the &ides of Pennsylvania and Virginle. The
Inquiry for Panama Bonds noticed in our last report bee been
followed by some terse purabeses of them for invtment.
In other railroad bonds but little doing.
' The Admiralty will receive tenders to-day, for
the conveyance from the Thames of 220 tons of hot-
. tied beer, wines, and provisions to Malta; 148 tons of
- navy provisions and clothing to Hong Kong ; and
l.
; 106 tons of stone to Gibraltar; also stores to Ber-
, muds. and Trincomalee.
4d.

TaVISDAT EV/NINO.

The telegrams received this day from various parts
of the Continent report a general rise in public secu-
rities. At Amsterdam this day morning the Austrian
Metallics opened at a rise of 2 per cent., and left off
11 per cent. higher than yesterday. There has also
been a rise of 1 per cent. in Austrian stock at Ber-
' lin, Frankfort, and Vienna, besides a movement of I
per cent. in the exchange in the latter market.
Consols, which closed yesterday at 94 to f for
the 9th of August. opened this morning at 95} to
and closed at 95, "sellers." For money the last
price was 91'4.
Bank shares to-day were well supported. London
and C •uoty, Oriental, and English, Scottish, and
Australian Chartered Bank shares were inquired
for. Colonial Bank were officially marked 32. Bank
of Egypt were dull, at 21 to 22. In the market for
miscettaneous shares there was again no variation.
Commercial Dock stock was marked 102, and London
Dock, 70 to 72.
Victor Emmanuel Railway bonds were firmer, the
late fall having induced some Inquiries.
An advance of per cent, was quoted in New
Brunswick and Nova Scotia Government bonds.

MINES.-THIS DAY.

Two o'CLolz.

The mining market to-day is rather quiet, but
steady. Fast Wheal Russell shares are well-
supported at 9 to 10, and have been marked in
the Stook Exchange as high as 101. Shares in
Wheal Margaret, Providence, Lady Bertha, and
West Crandon mines have also met with some
attention.
There are some inquiries for United Mexican Mi-
ning shares, which have been dealt in at H. Other
foreign descriptions attract little sits ration.
as smash
At West Condon meeting, held 3 recd.', t— 64 A
showed • profit for March Aprfl of 2.19 W. lda •
most sathd.ctou report was read by Ile Pfltnl.b•
sad a dividend of 41. per 512th sh4vvlra',4.,'etf
At a meeting of sdvennuews fa WTL," "mg
held on the 20,b inst., the ecoottotemb—•
the urns of 4791. be 2d. A call of 9.: P.r._
cbsibaliawttT.he suiocohB.l.otdep.c.edielE..eLhst.ldthr,:eol:dlili.i.obfa.:.bbb.da:b:bo:7l.4l....taigebraskina
about 5001. A le.oint,oo w
to confirm this ambition
ft,..tes omelet. A.t •1 noee o dle d
wen %boil ea the ,th of Aug"'