Northern Times.
Liverpool, Merseyside, England, 1860-02-17 00:00:00

CAPITAL.

In the capital there has been no change, and the amount of
stoc4 ip the hands of the.pr9ptictors is £138,701 .

FIRE DEPARTMENT.

Altkough the result of the fire business has- not ben. so pro-
fitatle as in.some former reports, the board has been able to
announce, it is very satisfactory t) state, that a large addition
has again been made to the premiums collce:ed. In 1358 they
we re . 427,6,048 7s. and. last year, notwithstandinggauses which
iri soirie places led tO'analmost total cessation annsiness,- and
in: others to a large diminution in the rate of premium pre-
viously current, the sum of £295.114 Bs. 10d. was received.
The 1 eses on the other hand were in excess of those of • 1858,
and reached £201,883 7s. 11d.. In dealing-with- the:circum-
stances which some of the more important losses revealed, the
board has Consist:htly pursued the policy of prevention, by
indicating the points in regard to :which improvement was re-'
quired,_at the same time, that they applied the pressure of
augmented rate, in order to equalise more nearly the -premium.
and the risk: as it is, and to stimulate the adoption of those
changes which a common interest suggested. In this course
the directors have had pleasure in concurring ' with other
offices, whose .experience has :pointed to the., same conclusion.

LIFE DEPARTMENT,

The number of Life Polices issued during the year is 815 ;
the sum insured by them is £4994808, and the' annual income
which they contribute is £14,520 Ils. 8d ; and the total pre-
miums of the year, .£127;415 14s. Pd. On a comparison of the
new business with that, of 1858, it will be observed:that there
is a considerabls addition to the number of policies, but that
the amount insured and the premium are slightly less, show-
ing that the average of the sums insured has ratherdiminislied,
whilst the constitueres of the company continue to extend.
As mentioned in the last, annual reyirt, a • valuation
has been made of the liabilities in this department. Extra-
ordinary pains have beau taken to secure correctness in
the principle of the prOcess, and reliance in the result. To
this end consultation has-been h d with. several actuaries of
acknowledged eminence, and the course laid doWn by Professor
De Morgan and Mr.. Nelson 'has been rigidly pursued. The
Nshole business has been thoroughly sifted, under the personal
superintendence of Mr. T 1 B. Sprague ; every policy carefully
looked into, and properly classified; all peculiarities of what-
ever kind have been duly noted and estimated ; and provi,ion
far every known liability has • been serupulously made. The
proprietors will remember that the bonuses which attach to
their,life policies arc not milting nt upon profits but are fixed
and guairantded ; 'and 'thus become a known liability, which
under any procedure, it was essential, to protect. They
are, of course,
,in the, nature of a Proportion, of the profits,
derived from the same sources as those which, in other com-
panies, are avowedly a part,of the profits, and vary with them,,
and resembling them in this respect, ttrat the mere premiunis
payable under tlit PolieieS,'iniproved at the' assumed rate Of
interest, are not adequate, and are not intended solely to supply
them. This remark is necessary, lest it should; be forgeti.en
that that liability had to be provided for before the profit on
the account Was ascertained:' Bearing this in mind, therefore,
the proprietors will find that the result is sufficiently satisfac-
tory; that the business has largely increased in the period
,under review • that it now consists of 7,318 policies, insuring
£3,996,289, and
of 384 annuities amounting to 418,934105. 9d. ;
that, tracing its new businesshp' from 1819,the'date of the last.
valuation, the following has been its progress : . .
Year. No of Policies. Apsured. . Premium.
1850 ' 116,871 • , £3,530 8, 2
1851 231 152,755 5,832. 14 11.
1552 379 207,837 7,156 7 0
1853 316 194;582 6,912 19 3
• 1854 472 • 349,301 10,267 -13 9
1855' 577' 370,772 11,137 18 1
1856 534 418,866 12,770 14 11
1857 761 -562,625
1858 757 507,175 15,069 5 5
185° ' 815 490,805 ' • '11,520 11 8

The valuation now made, which shows a balance of available
profit amounting to £47,000, establishes•in the minds of the
directors the soundness of the system on which the business, is
conducted, and its claims to even a larger 'measure of support.
The amalgamations which the company has ompleted have,
of course, added considerably to the amount of the insurances;
but the evidence of growth furnished in the foregoing table,
and the result of the valuation; testify to the favour with which
the institution is regarded by the public, and to the value
which should be set by the proprietors on this branch-of their
COL CCITIS.

BRANCH ESTABLISHMENTS AND AGENCIES

The board continues to receive from the different local
boards evidence of the great attention paid by them to the
interests of the company. The chairman of one of the foreign
boards writes by a recent mail, " You will b glad to hear,
that, although a great many tires have taken place, we have
escaped any notable losses, not so much from mere g.'o:l
fortune, as from a settled caution in avoiding those doubtful
second and third class risks which, in the keen competition
for business, have proved too' tempting to others." It is
impossible to- commend too highly the care and judgment
which are evidenced in those few-lines, and they are only illus-
trative of the kind of advantage which is gained by the super-
vision so unremittingly given by all the boards to the various
interests committed to their charge. The agents, also, in their
different localities have advanced the businesS, and some of
them have manifested much activity, and the board desires to
recognise these.services as of great value to the company.

THE RESERVED FUND
remains without alteration, and stands as list year at £215,596
lls. 11d.

INVESTMENT OF FONDS,

This subject has attracted some attention in the course of
the year, and having assumed an aspect of public interest, is
entitled to some remark. On the one hand it appears to be
contended that a considerable portion of a Life Insurance Com-
pany's assets should consist of the public funds, as being freer
from fluctuation, and more readily convertible than other kinds
of securities ; and on the other, that there are other modes of
investment which are equally eligible on those grounds, and
which possess recommendations unknown to the Three per
cents. In judging of the investments of a company, however,
there are' hree points which Ought to be kept in view-=-11 st,
what the deed allows ; secon what the company's position re-
quires; and third; what judgment has been shown in the selection
actually made.. Confining
,attention to this company, it may
be well to state that all its investments have been made in
strict compliance with, the deed ; that its daily revenue exceed-
Z1,500' entitles it to place large sums in permanent securi-
ties, if it indeed do not require that that course should be pur-
sued ; and, that .although during three and twenty years loss
has been'stistained on some of the investments, th, whole
amount of it will probably little, if at all, exceed one per cent.
on the aggregate transactions of which the investments form a
part. And then let it be remembered that in tics year just
closed the variation in'the price of Consols amounted to ten
per cent., and it will be seen hqw easily a loss of , one per cent.
may be sustained, and that, in a three per cent. security, is,a
very important item. The directors, therefore, see no reason
for making any material alteration in the desCriptien of "secu-
rities it has been their practice to accept.

PROFIT AND LOSS.
. The balance of this account is £215,050.. Advantage has
been taken of the profit derived from the life business to in-
crease to £CO,OOO the investraent fluctuation fund. In all such
companies losses on investments will be sustained, notwith-
standing the utmost care to prevent them ; and such an accouid
as that just named gives facilities for the equitable adjustment
of losses between the proprietors at different periods, and they
are the only persons who have any pecuniary interest in the
settlement of such questions. The investment fluctuation fund
is,not regarded as in any sense an available asset, and its pre-
sent amount is abundantly sufficient to liquidate any known
deficiency in the securities held by the company. This appro-
priation, and other circumstances, have determined the board
to recommend this year the dividend of 30 per cent. free of
income-tax, which has been paid of late years.
On the subject of the law-Suits against the Lancashire and
Unity Companies, in which the company is engaged, the direc-
tors cam only say that each successive stage in the litigation
does but, confirm their confidence that their claims. on both
companies will be substantially recovered, and their opinion
that in neither case ought-they to have. been resisted. Every
effort will be used to bring them to a speedy settlement.
Thus, then, is terminated the third period in the company's
history. It has been distinguished, like its predecessors, by
evidence of growth and promise of continued advancement. It
has given the public the strongest ground for confidence in the
enormous extent,to which their demands have been discharged,
and to the proprietors assurance of prudent 'management in
the large dividends which have been made them, and the ample
reserves which havo at the, same' time been maintained, and
now that a fresh term has been entered on, with all the ad-
vantages derivable from the past, it will be the constant aim
of the directors, so to regulate their course, that further ex-
pansion and develonment, increased utility and profit, con-
firmed stability and confidence, may mark its progress and
await its close.---(Signed) Jos. C. EwART, Chairman.

The CHAIRMAN said, the report for the past year
had been printed and circulated ; and they would,
therefore, if there was no objection, take it as read.
The premiums received- during the past year were
much larger than usual, but he was sorry to
say that the losses were also larger ; but in a
great concern like that, which was spread
all- over the world they must naturally expect such
things to occur occasionally, and they must not take the
losses of one year but must take the average losses, in
order to guide them as to what ought to be a proper
return. He should state that their losses had engaged
the serious attention of the directors, and every exertion
h
would be made on their part to endeavour to
tdiiemvinaisti..
tthioenlowsasesstointfaukteurpe.lacel:hat was the time when i to go
carefully into the yaluatainodn quite
so fully into it, he need only say that h
Loft something like
valuation; but,
tyi t
aa }lad endeavoured
the
_rcepewr
satisfied that they had a clear profit o etreenttered
and taking all
£47,ooo—(hear hear, and applause)mnd
the circumstances into consideration y
tihnerr
feel the slightest hesitation in recom the
eid notusaa
dividend of twelve shillings per share.
n A°
Nos, thesegoodr deal
has been said relative to their inve,tniets •
had engaged the very serious attention of the board,
and he well aware, as they also were, that it was
the custom of most London companies to invest a great
deal more in the funds than that company had been in
the habit of doing, because they had found that it had
been much more profitable to the company to invest it
in other securities. They had also taken very great
pains not to over-advance, and with the exception of
the old account as had been so often explained to you.
(near, hear.) Upon the loans -w4i&.h they had Whertec

made they had not lost a single farthing, while they
gave a larger return than if they had invested in the
funds. (Hear, hear.) They had also as great a secu-
rity for their money from those- loans, and were quite
sure of getting their principal. He thought. the plan
they had pursued was much better than what some
people thqught they should have. adopted. by investing
a large amount in the funds. Another thing to which
the report alluded was the state of the lawsuits in which-
they were engaged with two insurance companies.
They had done all they possibly could to bring them
to a final issue, and he had no doubt whatever that
they would ultimately end in the, substantial recovery
of the company's claim_ upon those offices. The report
of the committee of investigation had been circulated
among the shareholders, and he had no wish to allude
to it further ; but as Mr. Forster bad thought proper to
• charge him (Mr. Ewart) with impartiality at the last
meeting, he felt it his bounden duty. to say something
with reference to that. He must confess that he thoirght
it rather singular that Mr. Forster should have charged
him with partiality, because Mr. Young, who appeared
for Mr. Forster, was the person who moved :a vote of
thanks to him for his courtesy and impartiality in
'the
chair. (Applause.) Mr: Forster also charged the
'directors with having receded from their =proposal.' He
(Mr. Ewart) stated at the last meeting that the directors
had suggested to. Mr. Forster that., ten names. should .be:
sent by each party, in order to, enable Mr. Forster and
themselves, to choose referees out of those ten names.
Mr. Forster declined that proposal, and Mr. Forster' sug-
gested that instead of ten, five should he named. To
that they at once -agreed, bd. Mr. Forster would not
agree, insisting-
_upon each nominating two, and after
giving a great deal of consideration to
.the matter, the
board thought it would be like putting upon the pom-
Mateo two partisans on each side, and that was a very
unfair way of arriving at a decision. (Hear,- hear.
They. ;therefore -determined to leave . the • choice
of the referees :to the entire judgment of the share-
holders; and he could say for himself, as well, he
was sure, as for every member of the board, that when
lie entered that room he had not the most remote idea
of the names of one of the gentlemen who were chosen.
upon the committee ; it was left entirely to the share-
holders, and the shareholders selected those parties
whom they thought proper. (Hear, hear.) Mr. Forster
declined, as they knew, to appear before the. commititee,
but he sent ' a written statement of his charges. ' He
thought the committee - would have been perfectly justi-
fied in not going into the examination of the charges,
except by viva voce evidence (hear,. hear) ; but the coin-
mittee felt very anxious togive to Mr. Forster every pos-
sible facility to substantiate the charges, and therefore went
into the 'written statement. They had all seen. the
report, and he appealed to theM to say Whether it was
quite fair for Mr. Foster to bring forward such charges
without previously endeavouring to ascertain the real
facts of the case. (Hear, hear.) He knew Mr-Forster
might say it was no use to endeavour to ascertain the_
facts, as the information might have; beedrefased to him
but if Mr. Forster anticipated any fancied opposition to
his request, Mr. Forster knew very well thatif he had
applied to him be would have acceded to the request;
hut it was riot necessary to him to lend Mr., Forster any
assistance, for, every facility would have been , given to
ascertain the truth 'or falsehood of the charges. Mr. Forster
did not adopt that course, bnt published the pamphlet,
which he' (Mr. Ewart) thought was unjust to his former
colleagues, cruel to thos3 parties to whom he had pre-
viousfy sold every share of which, he was possessed
—(hear, hear) ;—and unjust riot . only to the. share-
holders generally, but also' to the polio: -'ioldersi,, many
of whom had become alarmed at such, an unfaithful
publication. (Hear, hear.) it might be satisfactory to
the shareholders to know that since Mr. Forster ceased to
be aanember of the London board, the utmost harmony
had prevailed at that board, and it was a very gratifying
—he might say, a very salutary—cliange from
those irritating • discussioris which continually
,occurred during his chairmanship, and which materially
impeded the general, business of the company. He did
not think it was necessary for him.to make any further
remarks upon the report, and he would therefore move
that it be adopted, and that such portions of it should be
printed as the directors should think fit.

Mr. LAURENCE seconded the adoption of the report.
Mr. MOZLEY said he took part in the proceedings at
the previous meeting .in that room, with regard to the
appointment of a committee, and he thought it was only
right that he should simply explain that his only desire
was to keep that company in the bioll position
which it had with the public. With reference
to the question at issue, he was then clearly of opinion
as he was still, that it was a matter for the proprietors
at large as well as for the public---7for.the proprietors as
far as regarded their interest in the concern, and for the
public as regarded the confidence they had reposed in.
that company. As the chairman had stated, the pro- I
prietors were the best parties to appoint out of their
body such persons as they thought fit. The selection
was made, and made, he believed, impartially, and there
was no desire on the part of the directors to select any par-
ticular individuals for the committee. (Hear, hear.) Rhin
Forster had felt that the statement of charges was such
as he could substantiate, it was his bounden duty to
stand forward and make the charges good, or let them-
fall.. (Hear hear.) He had not thought,proper to do
so, but had Challenged the partiality or impartialify of
thosei before whom he was to appear, and it did seem in-
vidious on his part to believe that five gentlemen •
selected from the body were not the best judges of their'
own interests, and he should have hesitated to come
forward, or that he should not have stated that he was
willing to come "for Ward and have 'a reporter by his
side to take down what was said. The report he
did not intend to .deal with ; it ;was-before the
public, and they were the best judges. Of course
if the proprietors were satisfied, he was content ; but the
public must judge of it just as it was placed before them.
He trusted the proprietors would acquit him from any
wish to support the position of Mr., Forster, whom he
did not know, personally. He had: only stepped for-
ward with a view of placing the directors of that com-
pany in such a position as their high character demanded
at their bands; and if they had continued unscathed,
it was all the more satisfactory to him, who had been
instrumental in getting the committee appointed, and he
should leave. the matter to rest on its own merits.
He did not wish to go into the question of life insurance
as he was not an actuary, but what he wished to im-
press upon the minds of the directors was that the
larger the amount of the risks, the larger should be the
reserve fund for the purpose •of meeting. the risks.
(Hear, hear.) Upon the subject of investments.he was
induced to differ, and differ strongly, with the chairman,
and he wished to-call attention to the abiolute necessity
of securing some better investments, rind on this side of
the water. He differed' materially from the board of
directors as to the necessity of making investments on
real property abroad, no matter how productive it might
appear to be. (Hear, hear.) He would not occupy the
attention of the meeting any longer. He only 'trusted
that, helium passed through the ordeal through which it
had passed, as he hoped, to the satisfaction of the pro-
prietors at large, the company would be restored to the
confidence of the public.
Mr. RIDGEWAY said he was one of the largest share-
holders,
pamphlet in thhae company,never
h ande
aheard
a untilb r lieea breath
received 'under o r stisre againsts,
it. He had read the pamphlet not only with
dbuirteeNst'oitrh
hianddiganeaytidoinsa,
gbreeeemauesieit
his co-direct
1 bOAr
at t
was a matter he should have settled
d "n the eventt
the fair, honest,_ and
he
going neither of these l things,
lv called
what he
d stated
wroengna facts,
should have retired from theboar“.; an
Some of them were
facts. (Hear, hear.) he
eith thought
iat iroCsa,niYt
could t ld
delusions and
roister had taken was to
but mental
which Mr.
in the course Av
for some purpose or another.
seewhole CO
damnify the
the gentleman who had last spoken,
proprietor g et
ocgoeut rhseer wo
d only
object
c he
lei
that
should like to see an amount of readily avail-
ableHe see.hatylei
the investments were not such as he should like to
assets, though he did not like to object to invest-
ments in house Property altogether, as, in connection with
life insurance, it was a good thing to have a hold upon
believed, with
property.-He saw no reason to lessen his confidence in the
undertaking ; and if there was any one who had .any
charge to make, that was the time, and let him come
forward arid make it manfully. The only real complaint
ldai
rdg
en
sum'ot . g ee tf
ma
edni v:yd. e n
.Thereaf
lr fo- flir
were
erh
lr eye cmoamannpdya n‘hvyeh aetthwaaenlll,
he had to make was, that he, being a large proprietor,
lhdbtulitaknae
to have their money h
arrangement to pay half-yearly would be generally ap-
eit owot inihayselme
nroppafakoe emeonli
Mr. Forster,
inan daiteehl
nueata report.ti half-yearlyn
.He
nef do for
especiallyh every(oAu ppgpahyltam iuteshNtneiahltawnnAa
sdadss.
preciated. (Hear, hear.) It was not at all necessary,
of
us
t
'1)11 eitmihßeaooaasubnltgolkhemingt
ttgavehoet
to the trafficking in railway shares, there was not the
slightest foundation' for them whatever. He never saw
Mr, Forster but once, and that was some years ago, when
I 49 eras presiding. at a public meeting ; and -thou he

thought him a person who wished very much to have
everything his own way. (Hear, hear, and laughter.)
He came away from the meeting most unfavourably
impressed with Mr. Forster, as one who would not allow
• any other person to have any opinion at a public meet-
i but himself. (Laughter.)
The CH,IIRMAN said that one great reason why they
did not make the half-yearly payment was that it was
difficult for a fire insurance company to estimate its
profits half-yearly, but it was the wish of the directors
to dO anything which they reasonably could; and if it
should be the wish of the proprietors that a dividend
should be made half-yearly, they might mike a payment
on account and divide the balance at the end of the year.
Mr. ALLA.NDER said he was not disposed to take so
lenient a view of Mr. Forster's conduct as had been takes
by the previous speakers. He was in a position to prove
a positive loss to the company on account of his charges,
and he thought it was a question whether they were
not in a position to proceed against Mr. Forster. (Hear,
hear.)
The CHAIRMA.N added, that in Makin.- their invest-
ments they did not look exactly to the highest rate of
interest, but sought to obtain real bowl fide securities ;
and he' could -not help thinking, as a practical man, that
the plan they persued was preferable to investing
in consols. They never had the slightest difficulty
in getting money back if they wanted it for their owu
concerns. In reference to the remark of Mr. Mozley,
nothing could be more straightforward than his con-
duct at the last meeting; and, as regarded investment in
foreign coturtries„he thdught they should'bear in mind
that in America; for instance, they had a large business,
and it was desirable that the board in New York should
have a certain. amount invested there •to meet any losses
which may occur. They took great care indeed in
making the investments, and nothing could be more
satisfactory than the reports they had received from
them.

TEULON said they had had the best, evidence
they possibly could have that the course they had pur—
sued was the right one. -They had had the evidence of
the agents of the .company at New York, Montreal,
Sydney, and Melbourne, and from all he heard he be-
lieved the investigations there were very carefully con-
ducted with respect to the amount of investments made
in bricks and mortar, and there was no part of their
foreign securities which did not pay a larger rate of
interest than could be got here. They received as much
as 6,8, and 10 percent.
Mr. GRAY, chairman of the Unity AsSarance
Company,i was exceedingly sorry to see the name
of the elianstan attached to the report, because
it was' stated that be was of opinion that the
clainis.: -made on , those two companies should not
have been resisted, and he appealed to them, . whether
that statement should ever have been made considering
that one of the law-suits had not begun. He offered to
submit the matters in dispute to the arbitration of two
gentlemen wholly unbiassed, but that was rejected and
it was determined to go to law. He thought the
claims should be resisted, and he was fortified in that
opinion by the highest legal authority in this country.
He entreated them to expunge those words from the
report before,they adopted it.
The CHAIRMAN said it was a: legal question, and he
thought it would be exceedingly injudiciOus to make
any remark upon the matter.. (Hear, hear.)
After some remark;. by Mr. Hall, the adoption of the '
report was agreed to; - - -

Mr. ISAAC KITCHEN proposed that, instead of appro-
priating the.sum of
.X 47,000 to the reserve fund, they
should declare a bonus of 3s. per share, in addition to
Us. dividend, and that would leave a surplus of £34,000.
Mr. AINLEY seconded the proposition.
-The CITAIRMASN moved that a dividend' of 12's. per
share be declared, clear of income-tax.. . •- .

Mr. TEULON, in seconding the motion, said.that if
anything could put a company on a footing not to be
called•in suestion, it was the fact that the funds stated
really existed. They had investments in bricks and
mortar; but the probability was, that if they were put
up for sale they would not realise the amount which
they had cost the company, and he therefore thought it
the safest and soundest thing the proprietors could do,
to put by £20,000 to meet any fluctuations either of
their building or other investments. It was the greatest
security policy-holders could have, and it was the
greatest inducement for parties to insure with the com-
pany. _ _

Mr. TORR thought the course adopted was the best to
reinstate the company in the confidence of the policy-
holders, and of the public generally, and to strengthen
their position in such a manner that it could not be
gainsayed.
Mr. RIDGEWAY, being one of the largest shareholders,
was probably one of the most interested parties, and he
thoumht there was nothing like having a good sub"
stantial reserve fund, and that it was not nght for a
public _company to spend every shilling they earned.
(Hear, hear.)
The CHAIRMAN pressed very strongly upon the pro'
prietors not to adopt the amendment. Great concerus
like those underwent the most careful examination 011
the part of the directors, and it was their unanimous
opinion that the dividend should not be more than Os.
per share.
Mr. KITCHEN said, that having done what he thought
was proper to those whom he had induced to become
shareholders in the concern, he would withdraw 11i5
amendment.
It was then agreed that there should be on
ad interim dividend half a year after the annual meri:
ing, and Messrs. William Earle, George Holt,
Hornby, J. Laurence, William Moon, Charles Laurence,
and F. Shand were re-elected as directors.
of Mthre. Timr.sot
iNg
atthi
oenn
commrn ove t t
et he
,e
and a do pt
itlieotn
iotf
hteh
reefreerera,t
to the board of directors to consider whether any sag"
gestions contained therein might be adopted.
The resolution was agreed to.
Votes of thanks were tendered to the board of directors,
to the committee of investigation, to the local boat
haneddtiostrthihue
teadudaitomreshg;, andthe Sdlir,2ecOtOorh,„a:tihn
the chairman
thanked for presiding, and the meeting broke up.
ebheaeinrrn'antivat-us

LIVERPOOL POLICE COURT.—YEsTERDAY.'

(Before Mr. H. lloarcß6die"
UNWHOLESOME MEAT.—Elizabeth Spencer, cher,
fiStit.edJ:ons:
aikniadrk4es.t,6wdas.
ossutt:_moli:iejodnfloars e;praosseirn! bur sale,
on the Bth of February 581bs. of slink veal. She was
.with
wfaats, Ei;
fined
sd toi
ogsi.v:
atnlid"l4 s
.2 see. butcher,_sahpTippheea
rd si
e-a
..bluPct ottishvt
Trowbridge-street, was summoned for stuffing three
as cephnee,
parties were brought up at the instancemoef
stipulated
ssiepactateoiddr
Reid, of St. John's Market.
(Before Messrs. Rowan' and CAsrEt Lox.)
CLAIM ron SEX MAN'S WAGES.—Thomas Carter,
summoned Silas Vaughan, captain of the ship Elmira,
to recover the sum of 145., under the following circum-
stances. The complainant signed articles on the 19th
September, to sail in the above-nained ship, to be on board
on the 21st. He fulfilled his agreement,
that
t sailttnectlsiuhl
included
petdhwe
ai
s2nBdt hei ,tt .
aiandtheiibeor.db e
yeowanpadtgaeitsnh
the time
ship
W - •
not, in the
wacicthounthte leillonmdpeldaintaonthfimor.the week
that the complainant was entl The Bench decided.
claimed. [This case decided the claims ed
to the amount'
the crew who had taken out e claims of a number of
Vaughan under similar • summonses against Captain.
circumstances.]
J
slavillienng: the
shi

An old lady died in Newburyport, Conn.) who was
somewhat particular in her habits, and had one room in
the
house in which no person except herself had entered
for forty years.
Two sisters died in Portland last week at a very
advanced age. The elder was ninety-six years of age,
°
and the youno•er eighty-seven. 'They were the last of
their family, had always lived together, and died, one
on Thursday, and the other on Friday, within one day
of each other.
The amount of ,gold produced from the mines of Cali-
fornia for a period of ten years—from the year 1848 to
1868—was $448,000; while during the six years—from
1852 to 1858—Australia has produced $410,922,000 ;
making, together, a total of $858,922,000.
cdaY
TERRIBLE ACCIDENT AT A COLLIERY.—On
a terrible accident occurred at one of the Messrs. Charr
worth's collieries, at Higham, near Barnsley. Fou teeil
men and boys were engaged in one of the workingst
an explosion of fire damp, the cause of which 18
an
known, took place, killing eleven of the collierst;
injuring the remaining three to a very serious extent'
GRATEFUL SHAREHOLDERS.—An effort is being
fortuo
asthe
to get up a testimonial of a thousand
The circular
the establishraent of the Dial newspaper•
t s that " it
sent to each shareholder, and to others, staiveen
to this
is desirable that no publicity should be g
Rev. David Thomas, for his services in COguinnneec
"re the obi"'
circular beyond what is necessary to secu
view."—Perby Mercury. connection with
in

~ T,r

Friday, Febrn iry 17, 186

nniAtb 2tatts,

BRITISH AND NORTH AMERICAN ROYAL MAIL

STEAMERS.
W'NOTICE.

_The Steamers for lialifax and Boston are intended to call at
Harbour, on both Outward and Homeward passages, to
receive and land Mails.
tir On and after the 31st March next the New York Steamers
are intended to call at Cork Harbour on both outward and
homeward passages, to receive and land Mails. - -
Freight by the Mail Steamers to Halifitt.. and Boston and to New
York direct, £3 per ton and 5 per cent. primate.
Freight 04 Parcels ss. each and upwards, according to size.
Parcels for different Consignees, collected and madcap in tingle
Packages, addressed to one party for delivery in America, for
tile. Purpose of evading the payment of freight, will, upon ex-
• aPunatiou in America by the Castoins, be charged with the
proper freight.

Thec BRITISH AND NORTH AMERICAN ROYAL 3IAIL
STEAM-PACKET COM ['ANY draw. the attention of Shippers
and Passengers to the 329th section of the. New •Merchant
Shipping Act, which is as follows :
No person shall be entitled to carry in any ship, or to
Praise the master or' ONVileu of any ship 'to carry therein;
~.tlafortis, Oil of' Vitrol,' Gunpowder, or any other Goods
'''°ll, in the judgment of such master or owner, are of a dan-
gerous nature ; and if any person carries or sends 1)y any ship
thy goods of a dangerous nature, without distinctly marking
thou' nature on the outside of the package containing the same,
°?' otherwise giving notice in writing to the master or owner,
at or before the time of carrying or sending the same to be
:"iPPed, he shall for every such offence incur a penalty not
i•,,,f„eeding £lOO • and the master or owner of any contain
RZ,to to take 01; board any parcel that he suspects to
--`"' of a dangerous nature, and may require them to be
opened to ascertain the fact."
AND NORTH AMERICAN ROYAL MAIL STEAM
SHIPS.
APPOINTED BY THE ADMIRALTY
• - •A\ ' • . To sail between
O,V LIVERPOOL AND NEW YORK DIRECT
And between
LIVERP.,OI, AND BOSTON,
Ihe Roston Ships only CALLING at HALIFAX, to land and
- . receive Passengers and her Majesty'S Mails.

diip, building).

. . SCOTIA (new
Captain Captain
PEXSIA ...... C.II: E. i udkins. AFRICA. Neil Shannon
IiIIABIA ..... James Stone. AMERICA W. F. Millar
.".e.14 . , ... .Edwd. G. Lott. I NLA,GARA . Alex. Brie
-414A.1):i .... W. J. C. Lang. I EUROPA John Leitch
CAMBRIA Captain Thomas Small.
The under-noted or other Vessels are appointed to Sail
From LIVERPOOL. . 1860 .
41
ASE
ICA
...... For New York Saturday...... Feb. 18
4,tgptlCA ...... For Halifax and Boston.' Saturday..,...Feb. 25
CANA-,.... ........ For New York ,...Saturday Mar. 3
sARAV•A ......... For Halifax and Boston... Saturday Mar. 10
NIAGA3,•• • ..... For New York ~.Saturday Mar. 17
PEI t S I A. 7 -•• • . For Halifax and Boston.,.Setiuday Mar. 24
. Tak,....• ""•••• For New York Saturday Mar. 31
1. '" g Pasgeii g e r s and goods for Nassau and- Ilavtuinah; to
. be transferred at' New York on board the R.M. P.S.

From AMERICA. 1860
AMERICA ...... From Boston - Wednesday... Feb. 8
ASIA: .. . ........... Fiom New York Wednesday...Feb.ls
CANADA. .....From Boston .
RABIA. From New York Wednesday ...Feb. 2
Wednesday ...Feb. 29, UROPA ......From Boston Wednesday ..Mar. 11
The Passengers and Goods for New York are intended to be
landed at Jersey City, within the jurisdiction of the Custom-
house of New York.

PARS AGE MONEY FROM LIVERPOOL TO HALIFAX AND BOSTON.
Chief Cabin
Second Cabin. Twenty-two Pounds
Sixteen Pounds.
TO NEW YORK, DIRECT.
Chief Cabin
Second Cabin Twenty-six Pounds.
Eighteen Pounds.
TheSe rates include. Steward's Fee and Provisions, but without
'Wines oi Liquors, which' can 'se obtain,...d.on board.-
_These Steam-ships have accommodation for a limited number
Of Second Cabin Passengers.
Passengers are allowed twenty cubic feet ofpersonalluggage
free of ight ; but the agents do not guarantee to reserve room
for
more than that quantity, and they will be charged freight on
'neir personal luggage when it exceeds half aton measurement.
gar To prevent disappointment or ditlioulty, passengers are
respectfully informed that packages of merchandise will not be
allowed to 'be shipped as luggage, or with their luggage.
Passengers are not permitted to go on board by the steamer
that takes the mail.
Parcels will be received at the Office of the Agents here until
SIX o'clock on the Friday evenings previous to galling.
Letters for Consignees or others must Pass through the Post-
office. None will be received at the Office of the Agents.
apply, in Halifax. tg Sir Samuel Cunard, Bart. ; in Boston, to
E C: and I. G. Bates ; in New York, to Ed. Cunard ; in Havre,-
to Donald Currie, 21, Qua i d' Orleans ; in Paris, to Donald Currie,
12, Place de la Bourse; in London, to 3. B. Foorcl, 52, Old
Bread-street; in Glasgow, to G. endJ.Burris ; in Queenstown,
to D. and C. Mac Iver ; and in Liverpool to
D. and C. MAC IVER, 8, Water-street.
The AFRICA will start for NEW 'Y'ORK DIRECT, on
Saturday, the 18th of February.—The Steam-tender Satellite
will leave the Landing-sage, opposite the Baths, George's-
Pier, that day, at half-past Eight o'clock Morningrwith the
assengers for the Afr.ca.

BRITISH -.A.),t) NORTH AMERICAN ROYAL MAIL
STEAM PACKET COMPANY.
STEAMERS
.oe, ..,- 4.4. N.,„ BETWEEN
Alfiraa, , LIVERPOOL AND UNITED STATES.
JURA Captain Moodie.
ETNA Captain. Anderson.
HECLA Captain Macarthur.
AUSTRALASIAN Captain'llockly.
The AUSTRALASIAN, Captain Hockly, (or.other first-class
Screw Steamer,) will bc despatched from Liverpool for
NEW YORK, DIRECT,
• (Without calling at Cork,) , •
On Saturday February 25. .
Freight, £3 per ton, and 5 per cent. primage, payable here ;
or in America at $4 800. to the pound sterling. Coarse goods
by agreement.
Goods will be received at the loading beTth, west side
Iluskisson Dock.
Apply in Halifax to Sir S. Cunard, Bart. ; in Bostonto E.
C. and I. G. Bates; .in New York, to Edward Cunard; in
Havre; to Donald 'Currie, 21, Quai d'Orleans ; in - Paris, to
Donald Currie, 12, Place de la Bourse; in London; to J. B.
Foord, 52, Old Broad-street; in Glasgow, to G. and J. Burns,
9, Buchanan-street ; or, in Liverpool, to
' • D. & C. MAC IVER, 8, Water-street.