The Express.
London, England, 1859-08-05 00:00:00

BANK OF EGYPT.

Subjoined is the directors' report to be presented
to the roasting of shareholders, to be held on the 16th
West :
" The soceonts now presented to the shareholders glee
the result ol the operations of the Bank of Egypt kw the
hall- year man the 30th Jana MO. The directors regret
that rho Wilms s 1 the kook hos not bees so rwassarattve se
as INOIN eseabse. This will not came moths, mad le to
be ellelbseel M the some caorooroial arias arias( boas the
:Ma oses=dosi dila to imps, which greatly affeeted
with the pods of the Illeditteraessa sad the
*Matte. Voss eitromotimass opposesd to the directors

seek rte ieeder It bepeettut ea itientto and eat Marne-
time Mime the heatproof the bank within the nanewest
seeswei to look to security rather then prat. They
ere le say that nothing requires to he set aside to
meet dab, the sum appropriated last half-year to meet
a deekda debt (now likely to prove good) being considered
Nadia to cover all doubtful dependencies. The coarse of
exasep, during the last twelve months, hss risen to an
unmemdested extent ; and, In March of this year, the row-
asses mid trading community of Alexandria decided upon
alkorisit the piastre of account from the Egyptian to the
tag piastre. This alteration. without entailing any earl
Men ma the beak, Devertheleas, neosmartly ameba a
great pea alio peals on the bushier of the half-year,
whisk the aratases have every reason to believe will speedily
be rowisesiL. TM mount appearing to the credit drat
ea lees debg mely6,lol/. 3s. lid., the directors do not re-
eamisi the declaration of any dividend at this half-yearly
se the meal dividend could only be met by ea-
se the reserve fund."
" The hest at June al te an follows:- Liabilities :
Celled paid-cep 260,00014 reserve fund, 10.0001.; bills
payable, onerset wed other secoants, 346.111141. 17s. ad.
mat and lose (trlanos as below), 6,1011. 38. 116. Total,;
614,9861. le. 3d. Assets, itc.—Cub, 30,4305. 6e. 2d.;
bills receivable, advances, end other securities, 680,8671.
Se. 64. ; aloe forniture, 8881. 13e. 7d.; total assets,
611,9861. ls. 3d. ; preliminary expenses, 3,0001. Total,
614.9661. ls.
The profit and loos aocotmt at June 30 shows :—Dr.
To balance-sheet carried to next account, 6,1011. 3e. 11d.
Cr.: By net profits for the lest ex maths, after providing
for bad and doubtful debts, rebate of interest, cement m-
ra in London mid Egypt, and directors' remuneration,
fto7. 14..21.; by balance of undivided peodty December
31, 1868, 2,9331. 17e. 81.; by lees income Mx, de., 6421.
7s. 11d.-2,2911. de. 9d. Total, 6,1011. 3s. 11d.

RAILWAY COMPANIES' ASSOCIATION.—A meeting
of this samodation wee held yesterday at the railway clear's,-
hones, Seymottr-street ; Mr. Gamble in the chair. The
chairman had great pleasure in stating that the Arbitration
Bill had of through the committee the House of
Lords. first boldness he had to submit wee that
the appointment of Mr. Lessees as solicitor to the asso-
ciation be confirmed. lie congratulated them upon
having the services of so able • men. Mr. Dugdale
seconded the motion, and it wee carried unanimously.
The final consideration of rule 8 was pored to
&the nest
meeting. The mammy then read the re see of the Me-
mo of the Brighton sod South. Western lway eompanies
respecting the offer of the emaciation to Interpol. its good
officio with a view to settle the matters in dispute between
them. The chairman was glad to my that some of the
directors of both cowponies had met with a view to • rattle-
meat of difiennom and then was no doubt that an amicable
arrangement would be arrived at which would put an sod
to the competition and all otter disputes which had existed
between the two occapeatw. On the motion of Mr. Fenton
the meeting was adjourned to the 3rd of November next.
STOCKTON AND DARLINGTON RAILWAY.—The
half-yearly report of the directors shows the total expenditure
on algae] coconut to be 2,848,0791. 14e. 2d. A 'raiment of
the amalgamated company's loans In the capital amulet
Mows that those of the Btocktnn end Darlington proper have
been reduced by the mum of 83,9131. 7e. 7d. during the past
half-year. The revenue has bees affected by the war In
Mures* sad the coneequset Mdwepreed disturbance in coo-
. Ilemlel bade; this has rendered meeneary, for • further time,
assn sememeions in mineral dues, which, at the comatenoe-
mot elate half-yew, it wee antkipeted might cases at an
mely peeiod. The receipts for the six months just
ended me (Including the balance from the preced-
ing half:year) 190,29/1. 16e.; the outgoings
for the eases period, including the Interest on loans,
ere 109,6111. 12e. 6d. ; thus leaving a dispceable
helm* of 81,7811. 4e. 41., which, after mewed of the pre-
* mimeo dividends, in equal to • dividend an the erdleery
shares at the Ma of 94 per cent. per annum, leaving about
1,9001. to be carried to the next half-year's account. TM
cell made is April Met upon the shares lamed in 1868 hat
viscsd them In the name caftan ma these homed In 1865.
lath will be subject in future to the same regulations ar re-
garde calls and dividends, and betweberalt they will be desig-
nated "Ordinary shame, acts 1856 and 1868." With all
the appliances in good order, with the prospect of an acces-
sion of traffic on the opening of the new lines to the west-
ward, and with the return of pesos abroad, the directors look
on the present and peuspeotive condition of the undertaking
with continued conlidence.
LONDON AND VIRGINIA GOLD MINING COMPAN
—The anneal meeting of this company took place yesterday
at the eines% Lime-street, City. Mr. Clement occupied
the chair, when toe report wee presented dating that In
complimoss with the request of the shareholders at the meet-
ing for Torching the company on the 19th August, 1858,
the ale et the company's property in Virginia had been
I adverting in the American end English pews, but no abso-
lute Aloe el parchaise had been made. A partied cats of the 11
smile hal hakes place abroad since the last meeting, and
=amileamor would be made to realise the value of the
yin Virginia. The accounts showed a toes
ref 9,911, en mining operations of the company since the
commenistment of the undertaking. A balance of 611. 10e.
mined la the hands of the backers. There was nn die-
t:melon. The report having been adopted sad the retiring
directors re-elected the meeting separated.
STRIKE OF CABMEN AT BIKE ENHEAD.—Yesterday
a strike took place amongst the Birkenhead canoes, and not
a mingle cab could be obtained in the township. The cams
of this %weeniest wee the compultery adoption of a U. Me
in the new scale of rates issued by
_the looel commissioners.
THE PHI:EMIT SOCIETY MEN AT BELYAST.—At
the Antrim Armee on Tuseday, Otte some diernmeioe, the
prisoners charged with being member. of a mast society
were dieohared on their owe Tempi...twee, Judge Christmas
cenourrlng m the mums Mowed by the mown. The tra-
mireers JI pleaded "Guilty." They ware required to take
the oath of allesiones when celled apes.
[Advertisetnitot.)—HOLLOWAT' OINTMENT AND
Pe fu.—Coreitercems.— le ark build oftee with lAN diem° by
chee the pallent u weenie cent. blew* he prennternlY
lays voids the nsceoary roe caner laic to take memo for rest", kw: to
ti..11•01/611{1.11.101k. Thu dvernble result CM always he
obtalord m the we of Rollowaye prithisitoon. obkt summate each
at sod Meen each e.otce mew In every recovery f, orn
petabetber Werra' or ietefaat. then roble I.4ooaletnia mote, the
mid WM.!, elventace by arenieeail anottunti action. reronvine ail
Impure*. and (Mon men) Woe. Till col...sive:ewe le complete sad
honlaa thoroughly reentabiethed. the maroon/ co of Hollossy'e
y•csteretee rooovery. and tend, to prevent there felheres
Mei wage osograpyi pg painful thin the uteleal {lmes.