The Express.
London, England, 1850-01-22 00:00:00

UNION BANK OF AUSTRALIA.

A special general meeting of the proprietors was
held, yesterday, at the company's offices for ice purpose of
receiving the half-yearly report of the directors, and of sup-
plying the vacancy in the direction occasioned by the decease
of Mr. John Gore..

The chair was taken at 1 o'clock by Mr R. Canrita, who
read to the meeting the following supplementary report;
The directors having laid their annual report before the
propriet, re in July last, have now only to state that the pro-
gress of the bank's business sine* that period has been highly
satisfactory at all its branches.
Looking to the present value In the English market of
wool, the staple export of Australia, the extended scale upon
which the emigration of an important clue of settlers has
been of late carried on, and the growing commercial inter-
course of the principal Aorta in Australia with the Bast
Indies, China the Mauntins, and Western America, the
directors feel that the prospects of the Australian colonies are
very encouraging.
The inspector having received the direetions of the board
for the opening of the branch at Adelaide was engaged at the
date of the last advice, in making all the necessary arrange
mente, and the steps he hail taken for that purpose are such
as altogether meet the views and wishes of the directors.
A vacancy in the direction created by the decease of John
Gore, Esq , has been provisionally filled in conformity with
the deed of settlement by the appointment of Henry Buckle,
Esq., of this city, who now offers himself to the proprietors
for election.
.

The directors ousnot announce this vacancy without at the
name time recording their sense of the valuable services ren-
dered to the bank mace its formation by their late esteemed
colleague Mr. 0n,,, and the deep and wive interest which
on all occasions he manifested in its prosperity.
The directors now proceed to submit the statement of
accounts the result of which enables them to declare
the 1 dividend at the rate of 6 per oast. per annum on
the entire paid-up capital of the bank, together with a bonus
of per snare on the 32,000 paid-up shares, and a like pro.
portion of bonus on the 21. 10s. per share paid up en the
8,000 shares of the 3rd series, payable in London free of in-
come tag on Tuesday, the bth of February, sad in the colo-
sties, with the addition of 7d. In the pound, as soon as the
inspector shall fia after the receipt of advice's.

Rilb payabla, and sundry Uslanon;--- E 89,484 16 10
Reams fund (10par cent) £6.4.4719 1.5

in-111;nd 108 i .

Paid-up capital

130.394 10 0
820.000 0 0

5t.039,629 6 19

Drench mounts, Wines — X 313,639 e 0
Inns malleable
'Dearman; Government 8to:11, and loans an me-
curity
open tenkien, lie.
Cent

£1,03k828 8 10

1/TATINZINT OF MORTIS.
Halanarot undivided profit at June, 1849 £34,382 13 4
To which are now to be added
profits of the past half-year, end-
ing at the branches 30th June,
and at the London Moe, slit
Member, 1849
Deduct one-tenth fee reserve fund 4,447 14 3
40,389 8 7

Deduct : SKIPS 1 11
Dtsidend and Bonus paid at Midsummer, 1849 32,800 0 0
---
Balance or undivided profit at this date .C81,1:4 1 11

At June, 1149, as per satem— -"
£63,731 13 10
Add to liutdram, as per contra 4,457 14 3

£6e,219 e t
The CHAIRMAN said, that, without exposing himself to
the charge of taking too sanguine view he might declare
that on no former occasion had the bank been in a more
sound, healthy, and prosperous position/Jtan It wee at that
moment.

The report was adopted unanimously.
Mr. H. Buckle wee elected to supply the vacancy in the
direction occasioned by the death of tdr.,Mor•.
A dividend and bonus were then declared in eonformity
with the recommendation In the report; end a who of Um,"
to the directors terminated the proceedings.

A BATTOL—Crown Inn, BiCSIMY, ha. 20.
Bir,-1 beg to hand you an ocoonnt of a hates I met with on
my travels. I paled at Lord Southampton's, Whittlebitty
Forest, where • party of gentlemen, including Lard South.
ampton, Earl of Sandwich, Mr. Cook, Lori! Chesterfield,
Captain M•Donald, end Lord Maidstone, were enjoying the
" sport" of shooting. The y took the fields ao.l wood on
Tuesday, &het through Wednesday and Thursday, and in
three days they killed 1,T20 head of gum. This included
600 emirate, 300 hens, the rest is rabbits, its.— Yours,