The Express.
London, England, 1868-01-16 00:00:00

THE EXPRESS, THURSDAY EVENING, JANUARY 16, 16

year bad taken Sam Be cloyed that the met* be
sad that a anamitsso he stntaintoi rcPcre eo
I:ll=sat eat.
The entinsuar reasserted the truthful's= of the report,
sad laid it was niewaszy that the piece where the loss
bad occurred should be @posited, as otherwise the them
holders might think that the business pneraDy was not
good.
A Magma from Li pool regretted the useetion of
Liverpool, which had added to the net profits 7,0001. a
year since podbenig of the bank, whilst the London
louses ave 28,0001. a year.
(The proceedings had not terminated when we went to
press.)

THE LONDON JOINT•STOC% BANIC.-(THIS
DAY.)

To-day was held the meeting of the London
Joint-stock Bank, at the offices, in Friona-street ; Mr.
Knoeum in the chair.
The following were the report and accounts
" The directors have much pleasure in placing before the
shareholders the annexed statement of the liabilities and
assets of the bank and of the profitby and loss acoonnt for
the half-year ending the 31st ultimo, which it will be
seen that the bank has made a net profit of 0,102/. 4s. ld.,
including 2,1751. 18e. 4d. brought forward from the 30th
June ; this rum, together with 4,3971. 15s. 11d. taken
from the guarantee fund, the directors have
appropriated
in payment of the usual dividend at the rateriir
eentum per annum. In pursuance of the resolution of the
general meeting of the 26th July last the issue of the re-
maining 8,000 new shares has been made, and the directors
have the satisfaction to acquaint the pktors that
the subscribed capital of the bank is now
four millions, divided into 80,000 shares of 501.
cads paid up to the extent of 151. per share, thus
making the paid up capital of the bank 1,200,0001. entithdi
to participate in the profit' from the Ist of January. The
guarantee fund, in accordance with the resolution of the
meeting held on the 25th July last, has been credited with
80,0001., the amount of premium upon the above 8,000
shares, and now amounts to 416,500. Os 01.1
The directors have to announce the decease during the
past half-year of their mush lamented e
George Pollard, Esq., and Haw, Lete=
The following directors retire by rotation. under the pro-1
visions of the deed of settlement, vie.: W. Blount, Dm. ;
G. T. Brooking, Esq.; F. j.
Jourdain, John Knowles,
Esq. ; and ryre, Esq. • who eligible, Otter
themselves forge-election. The'dividend, free from Income
tax, will be payable on and after Friday, the 24th inst.,
and the interest payable on the new share capital and pre-
mium is payable on and after the same day.
" IdabWties and Assets, Deo. 31, 1867.-Dr.: To capital
paid up, viz.., 72,000 shares at 151. each, 1,060,0001. ;to
capital ea:led up in respect of the 8,000 new shares, autho-
rised to be issued by the resolution of the general meeting
of the 25th day of July, 1867, at the rate of 151. per share,
120,0001; to amount payable as premium on the 8.000
new shares as above, at the rate of 101. per share
to be added to the guarantee fund, 80,0001.-200,0001.
Less remaining unpaid at this date, 18,9001. Os. Bd.-
181,0991. 19s. 43. ; to amount of the guarantee fund, 30th
June, 1867, 337,839/. 4s. 81. ; to six months' interest on
ditto, at 3 per cent per annum, 5,067/. Ils. Bd.-342,9061.
16s. 4d.; leas this amount carried to profit and lees saeount
for the equalisation of dividend, 4,0Z71. 15s. 11d.-
538,5091. Os. 5d.; to amount due by the bank on current
'comets, deposit reoeipts, circular notes and acceptances,
11,977,3311. 17s. 2d. ; to special reserve, 40,000/. ;
to rebate of interest on Mlle discounted not yet due
carried to new account, 10,7791. 18s. 3d. ; to amount
•f net profit, for half-year ending Slat December, Jaded.
ing 2,170. lie. 4d., balance of profit and loss account 30th
June, and the cam of 4,397/. 15s. lid, from guaranteed
fund, 67,500/. ; total, 13,695,2201. 15e. 23. Cr. :
By government stock, valued in accordance with the
resolution passed by the general meeting of shareholders,
on the 19th January, 1865, viz.:-1,200,0001. Consols, New
Three per Cents. and Reduced at 90, 1,080,0001. ; by cash
in hand and at the Bank of England, 1,354,8781. 2s. 11d. ;
by bills discounted, loans and other securities, 11,213,7:16/.
15s. 3d.; by building, furniture, he., at hsed-otlfice and
branches, 40,5851. 17s-total, 13,016,2201. 13e. 2d.
"Profit and Lose Account. -Dr. : To current expense,
proportion of building expenses, directors' remuneration,
bad debts, income tax, ho., 34,7121. lit 13.; to rebate of
interest on bills discounted not yet due carried to new so-
count, 10,779/. 18s. 3d. ; to six months' interest on ' The
Go aranteeFund,'at 31. per tent par annu0,15,067/.lls. Bd.,
--50,rs'AW. Is. ; to amount payable as interest on the 24th
January, 1368, on the new share capital and premium
together 200,0001. in accordance with the resolution re-
(erred to in the foregoing statement, 1,0001.; to dividend
account for the payment of half-yeneedividend at the rate
of 12.1 percent. per annum upon 1,080,0001. amount of paid
up capital on 72,000 'shares, 67,5001. ; t0ta1.119,060. Is.
Cr.: By amount of gross profit for the half-year ending
71. t Dec., including 2,1751. 18s. 4d., balance of profit and
lose account, 30th June, sad the sum of 4,3971. 13s. 11d.,
from guarantee fund, 119,060/. Is.
"Guarantee Fund Account.-Dr.: To amount trans-
ferred to profit and loss account for equalisation of divi-
dend. 4,3971. 17a. 11.1. ; to present amount, 338,509/.
Os. 51.-342,906/. 1 fe. 43. Cr.: Amount on the 30th
June, 1867, 337,839/. 4a. Bd. ; by interest on ditto to 31st
December, 1867, at 3 per cent. per annum, 5,0671. lls.
-342,906/. 16s. 4d."
A short discussion ensued on the adoption of the report,
Mr. BnooKr.so, the deputy-chairman, stating that the
smaller dividend was entirely owing to the stagnation of
trade, and the general contraction of banking business.
They bad not made a bad debt, and when it was remem-
bered that the average dividend for the pad three years
had been 19 per cent. on • capital of 1,010,0001.. it con-
trasted favourably with the average dividend of 26 per
cent. on the former capital of 100,0001. The capital was
increased solely to widen the basis of the bank's business,
and the 40,000/. special reserve was amply sufficient for
the purposes for which it was set aside.
The report was unanimously adopted, the retiring direc-
tors icelectal, and cordial votes of thanks given to the
chairman, directory, manager, and officers.

A meeting, the first of a series which it is pro-
posed to hold, took plaoe last night, in the Working Men's
Hall, Leeds, to oonsider the subject of the ratepaying
clauses of the Reform Aot. Resolutions were adopted de-
claring that these clauses were unjust and a great hard-
ship upon the poorer classes, who were compelled by the
provisions abolishing compounding to a heavy yearly fine
as the oondition of enjoying the franchise. It was also
recommended that as soon as possible after the reassemb
ling of parliament an aggregate meeting of the working
men of the borough should be held to petit cos against
these clauses and in favour of the ballot.
The Press of SAsth Germany states that no sove-
taiga will be present at the obsequies of the Emperor
Maximilian ; but that, in addition to the King of the Bel-
gians, the Queen of England and the Prince of Wales will
be represented by special envoys, end the King of Sweden
by his minister, Y. Due. The FremdenbGitt states that
the Emperor of Russia will send thirty-six of the superior
officers of hie army. The Prang= regiment of dragoons,

of which the deceased wiz colonel, will be represented by a
deputation.
We read in a letter from Rome :—" The affair
of the funeral mass ordered at the church of St. Andrea

THE EDUCATION CONTBRINCE AT
HAIICHZOTHE-(THIB DAY.)

(sr nunntArn,)
MANOIDISTFIt, TIVISDLT.
Mr. W. E. Forster, M.P., opened the conference
this morning by a Epee* on the compalsory Messidanee of
scholars. A dismission followed on the operation of the
Industrial and Factory Acts.

DEMONSTRATION OP ROMAN CATHOLICS AT
SHREWSBURY AGAINST PENIANISSL-4THIE
DAY.)

IT, THURSDAY.

It being rumoured that there were Fenian sympathisers
amongst the Irish here, a deputation, headed by Father
Hopkins, attended at the police-court this morning and
presented an address on behalf of the Roman cathollce of
Shrewsbury denouncing Feoiankm and declaring their
willingness to be sworn in as special constables.

COMMERCIAL AND MARKETS.
LIVERPOOL OOTTON MARKET.
(THIS DAY.) .

(mom cilia owl comiserownwel
no market firm. Sales probably 'boat 12,000 bales.

MINCING-LANE.-(THIS DAY.)
SVGAL-Only a moderate amount of business continues
be traaaacted at the recent lulu • brown
Manritioa at 275. 9d. to Ms. 6d. ; grainy Jay
27a and Manila, Vs. 9d. Refined is lees active at pre-
victim prima.
Comm.-The public sales of Ceylon have gone off
deadly ; seperior quality at extreme rates. Plantatioa
sold, small, at 635. to ; middling and good middling,
78s. to 84a; Ana, 90s. 6d. to 915.; peaberry, 80a. 6d. to
86s. 6d.; native Ceylon, good and Hoe ordinary, 63. to
53a. GcL; snail, 47a.
COCOA.-Thirre is snood demand for Trinidad and prices
are firmer ; gray, 53e. to 56a. ; middling to fine red, 574.
to 71a
Biros-A moderate boatman has been done at steady
prices. Singapore black pepper, 3 7-16 d. ; Penang, 31d. ;
white Singapore, 50. Cloves ; Zanzibar, 31a. to 30. j
Nutmegssmall to middling, la. 3d. to 2s. 11. Mace, 2s.
was.
Fam.-The market is quiet, but the business done is
at about previous prices. Currants sold at 21s. to 235. ;
old, 16e. ; raisins, Valencia, 26.. to Sla ; muacatali, 645.
to 06a ; Eleme, 31s. ; sultanas, 31s. to 42a.
Rote.-Therecontinues to be a good demand at steady
prices. Demerara, :U. to 21. 2d. ; Barbie*, la. 11d. to 2a.
Rica.-The market continues quiet.
Corron.-The demand has again become brisk, at fully
previous prime.
Jura-About 3,000 bales were disposed of at the public
sale. Prices were in favour of buyers. ffejectioss,
141. 13s. to 151.10 a. ; common to fine, 161. 10s. to 231.

TALLOW MARILITT.—(THIS DAY.)
The market is flat, at 435. 6d., spot • 435. 9d., Hach ;
435. 91.. April and June ; and 44e. fld. to 445. 9d., October
to December.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)
The number of beasts are small, but fully equal to the
demand. Trade, is exceedingly dull, and a clearance can-
not be effected. The supply of sheep is also short, but
there are scarcely any buyers for them. Calves are
scarce, and consequently And purchasers at about late
rates. Our foreign supply consists of 70 beasts, 610 sheep,
and 10 pigs.
Per Moue of 81ba a 6.• 0. Per gam of Ilta ad.a d.
Dist %cots, listelds. 4 8 6 0 Beet Dusallf-bdah 0 0 e 0
Best Ghost-bores 4 6• a Not lasg-w0015.... 4 4 • 6
84e.ond qua/ beagle I 8 3 6 Do. do. Sewn— .. 00 0 0
Carols
PIP
beet DeditHlf-breds 8 6 , lambs
Dames at market,4 630; sheep and lambs. 3.130; calves, 48;
PIP. 80

SMITHFIELD HAY MARKET.--(THIS DAY.)
Mr. Charles James Boston reports trade at the fol-
lowing prices, via.:—Rime clover, 105 s. ; inferior ditto,
70s. to Ws.; prime hay, 84s. ; interim. ditto, Ks. to 700. ;
straw, 30a. to 365.

- -- • •
ETON CoLLEoz.—Yeeterday, the Christman rata-
tion terminated with the arrival of the lower boys, and
the fifth and sixth forms will follow. The Rev. J. J.
Hereby, M.A., the newly-elected head muter, has
reached the college, preparatory to the commencement
of his duties.
Mn. RICHARD J. T. ORPEN.—TLC Lord-Lieu-
tenant has signified his intention of conferring the honour
of knighthood upon Mr. Richard J. T. Onion, solicitor, of
this city, and of Ardtully, in the county of Kerry. This
exercise of the Viceregal prerogative will be felt by the
public not only as • proper recognition of Mr. Omen's
position, but as a compliment to the profession of which he
is at the head as President of the Law Society.—laiLlin
Erening Mail.
Ttte Game LAWS. —A good deal of excitement
had been caused among the members of the Hexbam
Farmers' Club in consequence of the resignation of Mr. C.
G. they, the president, through the following resolution
having been adopted at one of its meetings :—" That many
fanners suffer a heavy 100 from damage to crops by hares
and rabbits ; that landlords who preserve many hares and
rabbits participate in the sins of the poachers by leading
them into temptation ; that It often happens that poach-
ing leads to pester crimes • and that a considerable sum
is expended in keeping lila/there in prison, main
their families, and also for prosecutions." At the tationiM
meeting of the club, held on Tuesday, after a long and
animated din:minim, the resolution was rescinded, and one
that in the opinion of the club the undue preservation of
game was enjust to the occupiers of land and injurious to
the community, and ought to be abated, was adopted in
its place.
STEEPLECHASING IN IRILAND. —The programme
of the National Hunt Steeplechases for this year, to take
place on the 16th and lith of April, has just been Issued,
and your sporting readers will be glad to learn that it
presents some novel end interesting features, and each
judicious alterations in the conditions of the several ramie
as must insure • large " field" for each event. The prises
to be competed for in the four principal contests amount
to 1,3h0f. To the Prince of Wales's Plate is attached the
tempting prize of " at least" .500/., and the added mosey
to the Kildare Hunt Plate Open Handicap is increased
to 300 f. Besides theme there are the Welter Stakes of 1001.,
the Drogheda Stakes of 200 f., and the Conyngbam Cap
of 2301., in each ease added to a sweepstakes of five sove-
reigns. The regulations for the last-seined event give fear
and five year old horses some advantage in the weights,
which ere axed et 12st. 71b. sad 13st. 71b. respectively. •
new obtuse in the general raise subjects any gentlest&
who has ridden &moos professionalsin two simeplesamess
of 601. Tillie, linos last Paneheetown meeting, to a peachy
of for every race he rides at the approaching lass**
These penalties will be given as a contribatiee to VW
.. . _

J to assist prelowissel
jockeys whoa disabled or in distress, said to whist) the
Natossal Haat have this year subscribed 201. Oa the list
of stewards appear the amass of Lords Dowasbirs, Drs..
ieds, Clayinorria, Idessareses..24salhesirf Alristoli "w

MONEY if4RILET.--(THIS DA T.)
, 'le
Ole o'Oeollll.
The transmit= in public securities are not
very numerous, bat the markets exhibit a favour-
able tendency. Consols are unchanged, while the
Three per Cents. Reduced and New Three per
Cents. have experienced a fresh rise of 4 per cent.,
owing to further considerable investments, based
upon their relative cheapness. Some of the home
railway stocks and foreign bonds have improved
111 to per cent. With the exception of a recovery
Irof per cent. in United States 5-20 Bonds, the
movements in other securities aie unimportant.
London and Westminster Bank shares, however,
are inquired for, in consequence of the satisfactory
I explanations afforded at yesterday's meeting with
respect to the operations of the undertaking for
the past six months.
The discount market is very quiet, with few
transactions, and the rate for the best paper shows
no alteration. The charge for loans in the Stock
Exchange is 1 per cent.
Consols are quoted 921 to 4, ex div., for money
and the new account (6th February). The
Three per Cent, Reduced and New Three per
Cents. are at 93 to 931.
Home railway stocks are inquired for, and an
improvement of Ito tl per cent, has occurred in
some cases. The prince are as follows :—Me-
tropolitan, 1151 to ; Great Western, 451
to}; London and North Western, 1141 to 4;
Midland, 1031 to 1 ; Lancashire and Yorkshire,
1231 to 1 ; Caledonian, 731 to 1 ; South
Eastern, 67# to 1 ; Great Eastern, 29 to 1; Great
Northern, 106 to 107 ; ditto A, 1071 to 106 ;
London, Chatham, and Dover, 181 to 1 ; North
British, 331 to 34 ; Brighton, 48 to ;
Berwick, 99 to i ; and York and North Midland,
911 to 924.
Italian Bonds of 1861 are in request, and per'
cent. better, at 424 to 4. Turkish of 1863 are at
301 to a, showing a rise of 1 per cent. ; Greek, 12
to ; Spanish New Three per Cents., 35 to 1;
Portuguese Strip, 1 to 11 prem. ; Egyptian of 1864,
884 to 891; and Mexican, 154 to 1.
American securities have been dealt in to a fair
extent. The 5.20 Bonds are in demand, and
percent. higher, at 711 to 1 ; Erie Railway shares
are steady, at 471 to 481 ; and Illinois Central,
841 to 85.
Atlantic Cable shares are quiet. Anglo-American,
901 to 4; and Atlantic Telegraph Eight per Cent.
Preference, 41 to 51.
With respect to bank shares, London and West-
minster have advanced 10a., viz., to 71 to 72, while
Union of London have declined to the same extent,
the present price being 30 to 31. Alliance are at
13 to 12 die. ; Imperial Ottoman, 11 to 11 dis. ;
London and County, 32 to 53 ; and Oriental Cor-
poration, 40 to 42.
There is an increased inquiry for financial
shares, and lnteruational Financial and General
Credit have improved 2s. 6d., the present prices
being 2 to 11 dis., and 21 to 2 die. respectively.
London are at 231 to 221 dia. ; and Credit Fonder,
3 to 1 per share.
The directors of the New Zealand Trust and
Loan Company (Limited) have resolved to declare
an interim dividend of ss. per share, being at the
rate of 10 per cent. per &Innen, at the meeting on
the 22nd inst.
The half-yearly meeting of the shareholders of
Ilthe London and South Western Railway Company
will be held on the 13th of Feb., when a dividend
will be declared. It is also notified that there will be
submitted for the consideration of the proprietors
the matters following, viz.-1. Agreement for the
working by this company of the Lymington &til-
-1 way Company. 2. The borrowing of the sums
authorised by the South Western Railway (Kingston
Further Extension) Act, 1865, and the Tooting,
Merton, and Wimbledon Railway (South Western
and Brighton) Act, 1865, and the creation of mort-
gage or debenture stock.
The ninth ordinary general meeting of the Lon-
don and South Western Bank (Limited) will be
held on the 4th of February, for the declaration of
a dividend.
Tho fourth ordinary meeting of the British Ship-
owners' Company (Limited) is called for the 23rd
of January.
We are requested to state that the Mr. Fawcett
who took part in the proceedings of the meeting of
the Union Bank of London, yesterday, is Mr.
Edmund A. Fawcett, of St. Albans.
It is understood that the Committee of the Stock
Exchange will be immediatelycalled upon to con-
sider an application for the quotation in the official
bat of new Spanish securities.
About 10,000 sovereigns from Brazil were sent
into the Bank yesterday, making a total of 34,0001.
for the week, while 57,0001. has been withdrawn in
the same period for exportation.
The biddings for bills on India were held yester-
day at the Bank of England. The amounts allotted
were—To Calcutta, Ra. 15,70,000 ; and to Madras,
Ra. 40,000. The minimum price was fixed at
le. 104 d. on Calcutta and Madras, and tenders on
those presidencies at and above that price will be
allotted in full. No tenders in Bombay were invited.
A further decline in the demand for the means of
for, though

remittance to India is here indicated ; for,
government have fixed their terms id., or 1 per
cent., lower than on the last occasion (snaking a
total reduction of 2 per cent. witn
billshoy
selling only 161,0001. of out