The Express.
London, England, 1857-10-29 00:00:00

TALLOW MARKET.-THIS DAY.

The 17aarisT1. needy at the subjoined quotations •
Petanbma T.C. on the spot. b6a. 9d. , October and Decem-
ber, 665. .; January and Kan*, 675.

SMITHFIELD HAY MARKET.—THIS DAY.
Mr. E. 3. Devi' reports trade hear); Fr.•w without
alteration. Prime meadow hay, 655. to 70a.; superior
ditto. its. to BM.; Inferior ditto, 60e. to 60e.: rowan, 60e.
to 60e.; clover. tide. to 1054.; second cat, 70s. to 88s. ;
straw, 235. to 30e.

THE WEeTERN BANK OF SCOTLAND.—Thc Nora
British Daily Nail of yesterday say, —" It has been
officially Intimated at the (Glasgow) Stock Exchange, that
at a meeting of the directors of the Western Bank of Sau-
teed held to-day (Wednesday), it was resolved that the
register of transfers for shares sold from and miter two
o'clock this day, shall be closed till further notice."
THE SUSPENSION OF THE LIVERPOOL BOROUGH
BAN A.—The board of directors fee the year 1666-7 was oce-
stituted as follows Ilathbone (chairman), Chris-
topher Herd Jones (deputy chairman), Edward Bean, John
Cropper, Robert Crosbie, Jahns Dixon, It. E. Haney,
D'll2olllll. Kay, David Lamb, Joseph Pater. Janice Ryder,
and Thomas Seller; J. P. G. Smith being the manager. Since
the annual meeting on the 28th of July, Mr. Seller has been
appointed manager in the place of Mr. Smith, who took his
scat at the bawd of director, In their Ism report the direc-
tors state that the paid-up capital of the bank in 1966 was
900,0631. and the reserve fund 101,7761. 10a. 11.1. Pace that
date two calls of U. per share have been Paid upon the new
shares, making the capital 1,000,0001. Ihe net profits of
the year, after payment of all saneness ef management,
and eller deducting 46,8251. 2a. Id. toe losses by bed debts
incurred daring the same period amounted to 69,3181.
12s. 8.1. 61,8791 6s. Bd. et that sum was appropriated to
dividend, and 7,4391. 6.. carried to the reserve fund.
Nearly the whole of the losers (says the report) Lave been
caused by the frauds of a customer. "In winding up the
affairs of 1854 (continues the report), a year which it I. well
known was roost disastrous to those customers of the beak
who were engaged in the colonial shipping trade, heavier lose
has been sustained in the realisation of the mum then taken
over by way et security, and to the liquidation of estates
then considered good, than could poreibly have been antici-
pated. The directors have thought it their duty at once to
!edam the dividend to the rate of 6 per cent. per annum,
on the ground that, taking even the moot favourable view of
the liquidation of these accounts, the whole of the reserve
fund will be required to meet the losses incurred; and that,
on the other hand, taking the most unfavourable view con-
sistent with probability, the rood current Lusimas of the
hank will, in their opinion, be sufficient to admit of the
regular continuance of the dividend, without encroaching
On the capital at the came period in the coming yew. In
laying this statement before the shareholder., the directors
deeint strongly to impress upon them that its umatisfactory
character is to be attributed to the elfews of 1534, and Ow,
apart from there, the sound and legitimate business of the
bank would have enabled it to pay the onto:my dividends,
end also to add largely to the reserve fond, notwithstanding
the tomes that have been incurred subsequently to diet year.
1 hey wisb, also, to state their confident expectation that
in the police and regulations of
the change they are making
the bank will effectually guard against the recurrence of
' similar results."—Licreprol Morass,.
ADDITIONAL MAILS TO AND FROM JERSEY AND
Guenossr.—Arrungernents have been mode for the em:
veysome of additional maila to and front Jersey and Guernse),
by means of pasta which st prei.ent run between thee*
islands, sod Weymouth—leaving Weymouth on the mornings
of Monday. Wednssdsy. and Friday, end returning from
Jersey and Gummy on the mornings of Tuesday, Thursday,
mod Saturday. The mails from Landon for warded by this
mute will be despatched on the evenings of Tuesday. Thurs-
day, and limentay, on which days there is no mail by way
of Southampton. The first mail from London to be sent by
the Weymouth conic will be made up on the evening of
Tuesday, the 3ed ot Navigates.