The Express.
London, England, 1868-07-15 00:00:00

UNION /lAA K OF LONIKAIV.-(THIS DAY.)

The annual general meeting of the shareholders
was held at noon, at the City. Terminus Hotel; Mr. P.
Nomissi.t. LAMM', governor, in the chair.
The report and balance-shed wore as fellows:
"'!he directors have to report that the net profits of the
bank for the six months ending 30th June last, after pay-
ment of all charges (including the sum of 66,8174 13s.
11d. for interest paid and due to customers
on their cue ent and deposit accounts), and
masking full provision for all bad 'and doubtful debts,
are 99,569/. 13s. Id., which, with 11,190!. 10s. 4d. brought
forward from 31st December last, amount to 110,76 W. as.
541. The directors now declare a dividend fur the last six
months at the rate of hi per cent. per annum on the paid-
up capital, clear of income-tax. After payment of the
dividend, amounting to 90,000!., there will remain an
unappropriated balance of 20,760/. 3s. 541. to be carried
forward to profit and. dm awe amount. Ti,. /allowing
directors retire by rotation under the provisions of the
deed of settlement, viz.: Mr. William Pearce, Mr. Archi-
bald Cockburn, and Mr. Harry George Gordon, who, being
eligible, offer themselves, and are recommended by the
Court of Directors, for re-election. The dividend will be
payable on and after Monday, the 20th inst.
" General balance-Dr.-Liabilities : Capital-101. per
share paid up on 60,000 shares, 600,000/. ; W. per share
added out of reserved profits, 300,000/. • 151. per share
paid up on 20,000 sharea, 1864, 300,1100/. ; making
1,200,001. Due by the bank on current accounts, deposit
receipta, including interest accrued, 10,069,836!. 19s. 4d. ;
liabilities on acceptances (cover in band amounting 'to
10,163,7771.), 7,306,6551. le. J making 17,378,4921. Os. 4d.
Reserved fund, inverted in Consols, u per contra,
300,000!. ; buildings investment account, 116,6901. 9s. 6d. ;
rebate on bills not due, 7,6031. 2a.'lld. ; balance at credit of
profit and loss, 110,7601.35. sd. ; total, 19,112,4451. 16s. 2d.
Assets.-Cr.: Cash in the bank, 1,005,3501. 19s. 11d. ;
cash in Bank of England, 930,8991. lea. 4d. ; cash lent at
call, 1,226,200!., making 3,161,4501. 10e. 3d ; investments
in government stock, exchequer bills, debentures, lc.,
3,004,9181. Os. 6d. • 337,0781. 13s. Consols, reserved
fonds 300,0001. • bank premises-consisting of freehold
buildings in Princes-street, Mansion-house-street, Argyll-
=Pleet-etreet, and Chancery ; and lease and
of No. 4, Pall-mall East, 6031. 4s. 6d. ; loans,
bills
12,diacounted, &c., 12,399,474! Os. Os. 11d.; total,
19,14461. 16s. 2d.
" Profit and loss account :-Dividend at the rate of 16
per oent. per annum, 90,000!. ; balance, being undivided
profit carried forward to next half-year, 20,7601. 34. sd. •
total, 110,760!. 3s. bd. Profit unappropriated on 31st De-
cember, 1867, 11,1901. 10s. 4d. ; amount of net profit of
the half-year ending 30th June, 1868, after deducting all
expenses, and interest, paid and due (66,8171. 13s. 11d.),
to customers on their current and deposit accounts,
99,56 W. 13s. Id.; total, 110,760/. 3s. 5d."
The Cnantwaw, in moving the adoption of the report
and amountet =premed his pleasure at the satisfactory
reception which had been given to them by the meeting.
Considering the remarkable depression in trade they
had no right to expect such a result. The home
trade had been worse than in the preceding six
months, contracts haying been completed, and other matters
settled. The connections of the bank abroad spoke in
more hopeful terms. This time lad year a
dividend was announced at the rate of 221
per cent. Of course the proprietors had not expected
such a return now. The aggregate of the new
business, which had been most satisfactory, had
made the totals in &a, equal to those of 1867,
He then referred to e railway accounts, and
congratulated the proprietors that they were in
a sound position. The Great Eastern interest
had been paid up to the 30th of June. The
preference stock of the London and Brighton Com-
pany was taken at 90, and he had no doubt that the com-
pany would be enabled to pay the interest for the last
half-year. The board entertained no doubt as to the value
of that investment. As regarded the arrears of interest,
the board were advised that a large amount had been
debited to revenue which ought to have been charged to
capital. The question involved was a vexed one, but Sir
Charles Jackson stated that in his opinion there was an
overcharge of expenses to the extent of 58,0001., and
resigned his seat at the Brighton Board in consequence of
his views not being concurred in, and legal promoting.s
were afterwards taken in the interest of the lank. He
added that in estimating the profits of the last half-year,
no account had been taken of the preferential interest due
from the Brighton Company.
After a short discussion the report was adopted, and a
dividend at the rate of 15 per cent. per annum declarod.
The proceedings terminated in the usual manner.

LONDON AND WESTMINSTER B4.VE
(THIS LAY.)

The half-yearly meeting of the shareholders was
held at 1 o'clockl at the Bank, Lothbury ; Mr. W. Trrx,
M.P., in the chair.
The SaclzTißT (Mr. Shipp) read the following report
and balance-sheet:

"The directors have to report that, after making provi-
sion for all bad and doubtful debts, paying the income
tax, and setting apart 2,0001. towards the buildings of the
bank, the net profits for the last half year amount to
162,396!. 7a. 4& This sum, added to 10,104/. Bs. I Id.,
the unappropriated balance of the preceding half-year,
will amount to 162,5001. 16s. 3d. From this amount the
sum of 17,096/. U. 3d. has been deducted, being the
interest to the 30th June, 1868, on 749,160!., the amount
received on account of the issue of new capital. The income
tax on the interest on new shares will be paid by the bank.
The directors now declare a dividend to the shareholders
at the rate of six per cent. per annum, and by way of
farther dividend out of the profits, a bonus of 11100 per
cent. upon the paid-up capital of 1,000,000!. After these
payments are made, there will remain 26,404/. 12c, which
the directors have carried to profit and loss account for the
current ball year.
" Dr.: To proprietors for paid-up capital, 1,000,000/.; to
amount received on account of new shares on first and
second instalments, 749,180/. ; to amount due by the bank
on deposits, circular notes, and other monies payable on de-
mand, 19,916,260/. 9s. 3d. (this amount does not include
acceptances, 970,09(1/. 16s. Bd.) ;to rest or 'surplus fund,
600,000/. ; to balance of profit and loss account, 31st De-
cember, 1867, 10,1041. Bs. Ild. ; to net profits of the past
half-year, 102,3961. 7s. 4d. ; total, 22,3'27,6111. 6s. fel.
Cr.: By governmentstock andexchequerbills, 3,298,8511.
lls. 7d. ; by securities guaranteed by the government of
India, 649,62(1.; making, 3,848,4711. lls. 7d.; by bills
discounted, loans, and other securities, 1 174,009/.
68.11 d. ; by cash in hand and at Bank of
2,306,1301. Bs. ; total, 22,327,611!. 6s. 6d.
"Profit and loss.—Dr.: To total expenditure of the
eight establishments, including rent, taxes, salaries,
stationery, &c., 68,2681. 6e. Id. ; to amount set apart to-
wards the buildings of the bank, 2,0001. ; to amount paid
for interest at five per cent per annum on amount re-
ceived on account of new shares, 17,096/. 4s. 3d. ; to pay-
ment of the dividend now declared, at the rate of six per
cent. per annum, for last half-year, on the paid-up capital
of 1,000,0001., 30,0001. ; to bonus of nine per
cent. on the capital of 1,000,0001., 90,000/. ; to balance of
profit and loss account, 244041. 12s. ; total, 722,7691. la. 4d.
Cr.: By balance of profit and lass account, 31st December,
1887, 10,104!. Bs. 11d. ; by gross profits of the last half-
year, after paying the income-tax, and making pro-
vision for all bad and doubtful debts, 212,65 U. 12..
Total, 222,7591. ls. 4d.
" Rest or surplus fund :—Present amount, 600,000/.
" The dividend and bonne (without deduction of income
tax, which is paid by the bank), will be payable on
Monday, the 20th inst."
The Citartmaia, in moving the adoption of the
report and accounts, observed that the sum re-
preeented as due by the bank on deposit ac-
counts, &e., &c., was 19,915,000 t ; whereas in July
last year it was about 4000,0001. The explanation
of the reduction was obvious. That bank was to a
large extent a deposit one, and, the rate of
interest being very low, many withdrew deposits in order
to obtain a better return. If, however, the ac-
counts had been presented up to that day, the
1211,te of deposits would have been stated at
100.0,100/. The bank had 400 more customers on its
books now than it had this time last year. (Cheers.)
The total amount of bad debts made since the bank was
established, 34 years ago, was 364,000/., while the total
amount of proilts during the same period was 4,700,0001.
(Cheers.) The bank had never made large advances to
railway companies and the whole amount advanced to
such companies at the present time was 100,000!., the
companies being some of the beet in the kingdom.
(Cheers.)
In reply to a question,
The Outlaw( said the investments of the batik in
government stock were bought on the average below the
present market value.
The report and accounts having been adopted and a
dividend at the rate of 6 per cent. per annum, and a bonus
of 9 per cent., having been declared,
Mr. Fir/sin:Aix moved a vote of thanks to the direc-
s.
The motion ens. seconded by Mr. F. Vw.i.ronr, and
carried unanimously.
The ClisildlAN briefly returned thanks ; after which
he proposed a vote of thanks to the general manager,
Mr. Vs . F.wings, and the other managers of the bank,
which was carried by acclamation,
On the motion of Mr. Wipers, thanks were voted to the
Chairman, and the meeting then separated.

/

EVENING., JULY 11

EXPLoSIoN AT A FIRMWORK MANU-

PACIYM r.

(DT TELEGRAPH.)

CRYSTAL PALACE, Vigirviopty.

An explosion has taken places at the malaufikl-
Wu of Mr. Brock, the maker of the Crystal Palace
firework,' ; but nobody has been injured, and the acci-
dent will not interfere with the exhibition announced to
take place at the Crystal Palace to-night.

TIIK FENIAN PROSECUTION..
(17118 114 E)

At Bow-street, this afternoon, James Wilkinson,
0141 Cooke, and John Blake, were brought up on remand,
before Mr. Vaughan, upon the charge of treason felony.
The prosecution was oonducted by Mr. Poland, in-
structed by the Treasury solicitors ; and the prisoner was
defended by Mr. Merriman.
Ihe witness Corydon was re-called, and continued his
evidence. Before Cooke and Waydock went to Drogheda
witness had sane conversation with Cooke about a box
or trunk. Waydock, Beecher, Burke, and others were
present. Cook said that he had a box containing
copper mallets and other implements, for the purpose of
Meshing into the powder !flagellum in Ireland, and that
they were at the hotel where he was, which was Mat-
thews'. lie said he got these things in America. He
mentioned the inagerme in the Min-nix-park, in Dub-
lin, as the principal. As n soldier, I knew
that copper mullets wore used, because they will
not ignite Pp steel or iron would. It would be a dangerous
thing to break into a powder magazine with iron mallets.
He also said he hail a green cloak and a green silk cap.
I gave information to Head-constable Maher, of
the Irish constabulary. I was then at Liverpool.
Upon that information Cook and Waydock were arrested
about the 24th or 25th of November. I saw the box of
mallets removed from Matthews' Hotel by MDer-
mott, a Fenian who was afterwards arrested
at Liverpool. I saw him them in custody.
I gave information of the removal of the box to Head-con-
stable Maher. The box was taken to a house in Chris-
tian-street, where McDermott lived. It was in his
house that it was found. I did not see Cooke after he
sailed for Drogheda till last Saturday. Witness was
acquainted intimately with Roberta, of New York, who
was president of the Fenian Brotherhood. There was a
split between him and Mahony, the former pendent, and
they then became presidents of the tWo branches.
Mr. Robert Gardiner, sub-inspector of the Irish con-
stabulary stationede ateeDrogherain lani—oOn 25th N
rmation ovember,
1888,
n
Castle and a description of two men. In conse-
quence of this information I went with a party of
police to the quay at Drogheda, and then waited for the
arrival of the steamer Brian Born. That was shortly
after 1 o'clock on Sunday, the 25th. I watched
the paseengers leaving that vessel. I went
on board and searched the vessel, but could
not And either of the men. After the pas-
sengers had left I found two men concealed in the engine-
mom, regaling themselves with whiskey, apparently to
give a colour to their staying behind, and they answered
the description so well as to enable me to arrest
them at once. They gave the names Cooke and Waydock.
I had them handcuffed and removed to gaol. They were
searched. Some money wasfound on them, including
some greenbacks.
Patrick Mullany, the well-known Fenian approver,
deposed to having seen the prisoner Cooke at Cavanagh's
public-house in Potter-street, and witness was told that
the prisoner was an agent of Roberts, and a head centre
of Dublin, sent over to London to reorganise. Maurice
Donoghue was present. Cooke stated that he had money
in hand for the purpose.
Ultimately the prisoners were remanded to Tuesday
next.

Mr. Merriman applied for make's admission to bail,
which Mr. Vaughan refused.

ARREST OP MURPHY 47 BOLTON.

During the past week considerable excitement
has been caused in Bolton, in consequence of Murphy
having taken land to erect his tent and deliver his lectures.
The land taken is a yard situate at the corner of Bridge-
street and St. George s-street, and Mr. Eckeraley, the person
from whom he rents it, occupies the house adjoining. Ac-
cording to the announcement, Murphy was to deliver his
first lecture lastnight, hie subject being "Freedom," and as
the time approached for Murphy's appearance the
excitement increased, and extraordinary precaution was
therefore taken by the authorities to meet any emergency
that might arise. Yesterday, 158 constables of the
county constabulary from the divisions of Manchester,
Bury, Chorley, and Rochdale, arrived in the town, part
of them being stationed in Bridge-street schoolroom, near
where Murphy's tent is erected, and the other portion in
a schoolroom adjacent to the Borough Polies-office. The
whole of the borough polio. foroe-70 in number—were
also kept in readiness, also the fire brigade, and upwards
of 600 special constables were stationed in various parts of
the borough, furnished with staves. Many oftlehesseslice
also wore enthuses. In the afternoon a special of
the magistrates took place, when Mr. Luke 21'
draper; Mr. Ellis Boaclman, contractor; Mr. William
Bronnley, boot and shoe maker; and Mr. John Warr,
publican, gave information that, if Murphy were allowed
to lecture, such was the state of party feeling in the town
that a breach of the !peace would in their opinion take
place. The result was the issuing of the following pro-
clamation :—" Borough of Bolton.—The mayor and
magistrates. considering the peace of the town of
the greatest importance, have resolved to pro-
hibit Mr. Murphy's lecture, and they earnestly
request all persons to abstain from congregating
in the public streets.—Tama Rea Low, Mayor."
Handbill,' were also plentifully distributed to the following
effect:—"Borough Court, Tuesday.—The mayor and
magistrates suggest the propriety of the works in the
town receiving additional watchfukees during the excite-
ment attending Mr. Murphy's visit." Several of
the placards were posted on the paling surrounding
Murphy's tent, when one of Murphy's assistants im-
mediately came out of the house, and, in a spirit of
bravado, tore them down, and threw them to the
ground, amidst the yells of the people who were
assembled around. A warrant had been issued for the
apprehension of Murphy, and at a quarter to 6 o'clock
a cab drove up to his lodgings, containing Superintendent
Beech, of the borough police force, Supinternlent Scott,
of the Bolton division of the county, and Superintendent
Milne, of the Bury division, and they proceeded into the
house, secured Murphy, and drove him off to the Borough
Police-office, amidst the yells and hooting of the crowd.
The apprehension was effected with the greatest secrecy.
A large body of police was within call, but their ser-
vices were not required. On arriving at the police
station where the magistrates were sitting, Murphy
was ushered into the office of Superintendent Beech,
and the magistrates deliberated for upwards of an
hour what course they should further adopt. At length
they agreed to liberate Murphy on bail, himself in
500/., and two sureties in 2.50/. each, for his
appearance on Friday morning, to answer the charge
preferred against him, Murphy undertaking, in the mean-
time, not to lecture. Mr. Eokeraley, with whom
Murphy is lodging, and A. Willis of Ashton, joiner
and builder, were his bail. Colonel Bruce, of the county
constabulary, was in town during the proceedings. On
Murphy being liberated he was driven away in a cab to
his lodgings, accompanied by Superintendent Beech and
Inspector Holgate, and it having become generally known
by that time that he had been arrested the streets on the
route were crowded. Murphy's reception by them was
far from being complimentary.—Manelteater Examiner.

SHIPALVO INTELLIGENCB.-(THI8 RAE)

(BY nazoiazz.)

Lex we July lfe—iWiad at coca light airs 'ad gas
dear weather.

July 14.—Arrived BM, Sum Timannali ; Point,
Jamaica; Cid (a.) Santander; Norfolk Len, Chriatianin. Sailed:
for Saleutta.
litesragilfy 14.—Arched from the river and sailed (N.E.
by N.) : Flora, for Philadelphia.
Sorruserror, July 14.—Safled Weser (es.), for New York.
FALMOCTN, July 14.--Sailed Aerate. for Quebec, ate, re-
pairing.
PIL Jrt.v 14.—Sailed Lanibiag Water, for Africa.
CARDIFY.-Baiied : Cbl Adams, for Callao ; C. B. Haseftlne,
Rio Janeiro ; Ceres, Maas Video.
Lrrsarocn.„ July 14.—Awed: Athenian (es.), from Africa, left
Commons Nth June, Fernando Po 9th, Brass River and Bonny
16th, Benin 17th, Los 19th, Acme 21st, Caps Palma, 24th,
Siena Leone 27th, Tenerife bth July, and Madeira 7tlt ;
Favourite, Pernambuco. Sailed : Kate Dutra for Bombay ;
Carmel, Valparaiso • Hoh-i-nor, Buenos Ayer; Macy Ma,
Rio Janeiro; 12ri ealisesil New Orleans; Cainsal, Valparaiso;
Conrad, do. ; C (r , New York.
Sorretnrros, July 14.—Arrived : Humboldt (a) Bun Brazils.
Neu PORT. July 14.--iialled Roes de Kai, for Bilbao.
CAILDIrr, July ; Jenny Lind, for Rio de Janeiro;
None, Bilbao.
313,1001011•BW, July 11.—Sailed: Lamm, for Buenos Ayres; En-
senada, Buenos Ayres ; Rischiello, Buenos A
CASUALTIES. .

Livrsroos~ July 15.—(Received par Magnelle Telermrph.)—The
teriPhtenologist, horn thir port to New Calabar, totally wrecked, en-
ng that port.
Sorruaan, July I4.—The Ithel (kig) haa gone Into Whitatable
with jibboom and stem damaged. The William Booking sank
on the Maplin mind to-day.
CIXHAVEN, July It —The Hylton Mild (Erigliah brig), &sham
to Hamburg, was stranded on &latish:se Wt bight. The Jersey
(EngliA sloop, from Stornoway to Hamburg, is below in the
bac, in charge of three pada, very leaky.
LaUYHEC, July I.—The Peter Maxwell, hence to Liverpool, is
reported aground near Crane Island. The Chippewa, hews to
Lherpool atm& on the Fly bank Ytith June and put hack
leaky, iN diNcluinring.
FALIIOI,III, JULY 14.—The Odin, from Newport to Jamalea,
which put in hem Yard June, kill, hr. l,tnsluncllll,/Intloum-
usentad lunding her cargo.

THE LATE SUPPOSED SUICIDE AT CLIFTON.—In
reference to the paragraph which appeared in the Timm
of yesterday. respecting the untimely death of Mr. R
nald JeMe. a student of Clifton College, it should be
stated that the evidence adduced at the inquest completely
negatived the suggestion that he had been overwotked
study, and eficumstances have since transpired which lead
to the belief that Mr. Jebb's death was the result of acci-
dent. The deceased was very fond of gymnastic exercises,
and there is reason to suppose that in practising some feats
he unfortunately lost his Irde.—Timer.

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