The Express.
London, England, 1868-07-27 00:00:00

EAGLIAN, ACO77 AND AUSTRALIAN
RARTI.RI.I) DANI.-(T1118 DAY.)

This day the thirtieth ordinary meeting of
shareholders was held at the Bank premiseN Cornhfil ;
61r. VANDERRYL, M.P., in the chair.
The following is the directors report :
"The accounts of the bank, which the diroctors have
en the pieeent occasion to lay before the proprietors, em-
bracing the six months ending 31st March last in the
colonies and 30th June in London, show a balance at
()edit of profit and foes account of 23,725/. 7s. 3d. The
tore will olverve that the profits of the half-year
exhibit a falliug off when compared with the
report issued in January ; the losses incurred
within that period, however, have not been large.
At the date of advice& in possession of directors at the
beginning of this year, it was hope the
that a revival had
taken place in the Lade of Australia which would prove
I remain at. This expectation has not been realised, the
atest accounts received reporting all branches of business
to be extremely cleFfteod, while confidence was being
wry dowdy restored. The depreciation in the value of
sod and stock, with the difficulty of disposing, of the
Met, was also seriously affecting the squatting interest
a certain districts of New South Wales and Victoria, and
almost total failure of the grain crop in South Australia
ad caused serious 104, to many persona engaged in agricul-
-ere. The directors trust that the long protracted dullness
e the commerce of the colonies will shortly be followed by
a improvement in the state of affairs generally, when a
:lore favourable result attending the operations of the
ink may with confident' be looked forward to. They
•,commend that the bahuice of 23,7251. 7s. 3d. be appro.
„i.e.(' as follows, viz., to the payment of a dividend at
lid. rate of 7 per cent. per annum, free of income-tax, on
oe,ooo/.. the paid-up capital of the bank, 21,000/. ;
t4wards the reduction of bank premises and furniture
:.ecounte. 1.000/. ; and that the balance, 1,7261. 7s. 3d., be
1.„,g1.t inward to the current half-year.
The Unusual, said that under the circumstanced; of the
/.et year he thought the position of the bank must be re-
smiled sM tatisfactory. They gave the usual dividend of
r out., and although they did not add to the reserve
:wid they carried forward a considerable sum to the next
ilf-year's account. He looked forward to the time when
iy might expect an increase of dividend, though he was
citinica himself that they should not increase the cirri-
od till the reserve fund, which now stood at 45,000/.,
uounted to at least one-tenth of the capitaL (Hear,
The chairman concluded by moving the adoption
the report, which wail ado tad after a few questions
and answered by the chairman.

.:TLANTIC AND qREAT_IrEATBILV RAILWAY.

ifllle DA Y.j

A meeting of the bond and debenture holders
held at noon, at the City Terminus Hotel, Sir W.
I.lzer.u, M.P., in the chair.
14 fore the proceedings commenced, a letter from Mr.
Cove. M.l'., was read, apologising for his absence, in
r...equence of his having to address a meeting of his con-
.. :uvits at Barnataple on the same day, and intimating
L. lutentien to retire from the board.
The report, which bad been received some time before,
ta.g been taken as read,
Th,. CHAIRMAN, after stating that the great object of
..mmittee from the first had been to keep the
1" isle intact, and for that purpose to avoid Stip-
:. ;„ alluded to the proceedings which had been taken
order to arrive at an amicable settlement ; Mr.
.41..uey's object was to induce the bondholders to con-
t It plan which would have the effect of taking the
....t the hands of the receiver and placing it once
t rr to the hands of a board of directors. For this puz-
t.....e Uwe had been laid before them what he trusted
;veapproval. He (the chairman) recommended
its crane to soots the terms of arrangements which
s. re offend. The interests of Mr. Ridadale and his coin-
-1..t tt, a ere fully pictured, and they were contented to accept
pereed terms. All parties concerned were deeply
1:-.1,tttli to Mr. Cave for the 'mistime.e which he had
;.°.411.,1 in putting an end to the disputes. The report
,: the waiver in America, which had just arrived,
yawed that the line had been put in a state of
p near efficiency, and that there was every prospect that
srmidtement would be carried out. It was due to Mr.
y. Henry to say that the statements which had been made
ath regard to the line would in all probability be
:up out. There was a line 500 mike in length
. . .

-
i ming 20,000/. a week, and that fact 00111 D waa some