The Sun.
London, England, 1863-06-06 00:00:00

THE HEREFORD OLD BANK.

The Ross creditors of the Old Bank, Hereford,
and the Ross and Archerfield Bank Ross, which
suspended payment on the 13th ult., met yesterday
to receive a report ; Mr. Luckes, the manager of
the Ross branch of the Gloucestershire Banking
Company, presided; and a statement was submitted
by Mr. Turquand, of the firm of Coleman, Tur-
quand, Your ge, and Co., of London, showing liabili-
ties amounting to £146,822, and nominal assets for
£119,795. Mr. Turquand, however, explained that,
although a dividend of about 16s. in the pound was
thus apparent, the creditors must not assume that
such a dividend will be realised, having regard to
the heavy amount of debts which are taken as good,
the result of the collection of which it is impossible
to foretell; and also to the very large amount of
property to be disposed of. He had carefully consi-
dered the matter, and entertained very little doubt
that, under judicious management, the estate ought
not to realise less than 12s. or 13s. in the pound,
with a possibility of something beyond that amount.
The profits of the bank from Oct., 1854, amounted
to £20,800, of which one moiety, or £10,300, has
been carried to a guarantee fund, and the remaining
moiety equally to the accounts of the two partners.
The deficiency of the bank amounts to £39,000,
about £30,000 of which has been occasioned by
the defalcations of a clerk in the Hereford branch,
which, it appears, must have continued for a consi-
derable number of years, commencing as far back
as 1854, but which were not discovered until Feb-
ruary, 1862. The remaining £9,000 is the amount
of loss by bad and doubtful debts in excess of the
reserve fund of £10,400. For the protection of the
estate, it was considered necessary to file a petition
in bankruptcy, but, after a full discussion, it was
unanimoualy resolved that the proceedings in bank-
ruptcy should not be continued beyond the choice of
assignees, and that the necessary formal steps should
be taken at the approaching meeting to be held in
the B Ankruptcy Court at Birmingham, to carry out
the views now arrived at. A resolution was also
passed recommending that a first dividend, of an
amount as large as the realization of the assests will I ,

permit, should be paid to the creditors as early as
possible. The meeting of the Hereford creditors
will be held at Hereford to-morrow.

MARKETS---This Day.

COVENT GARDEN.

Tke supply of fruit and vegetables is seasonably large
nevertheless, the trade, on the whole rules steady at about
previous rates.

raurr.

e. d. s. d.l
Pine apples 8 oto 10 0
Colonial do., each 0 oto 0 0
Grapes,per lb 0 oto 0 0
Foreign do 1 6to 2 6 i
Melons .. . 0 otoo 01

e. d. s d
Cherries, per lb. 0 8 to 2 0
Foreign ditto, pun° 0 to 0 0
Filberts, per lb .. 2 0 to 2 6
Walnuts, per 100 0 0 to 0 0
Cobnuts, per lb 0 0 to 0 0
Almonds, per bus 0 0 to 0 0
Figs, per doz 0 0 to 0 0
Damson .. . 0 0 to 0 0
Currants, per li.sv 3 6 to 5 0
Plums, per de, .. 0 0 to 0 0
Greengages, pr do. 0 0 to 0 0
Raspberries, prpt 0 0 to 0 0

Nectarines, per dz 0 oto 0 0
Apples, per hf-sv. 2 6to 4 0
Pears, per do .... 0 oto 0 0
Oranges, per 100 6 oto 10 0
Lemons, per 100.. 4 oto 7 0
Gooseberries hf sve3 6to 4 6
Strawberries pr pt 4 oto 8 0 i

VEGETABLES.

Greens, dz bunch 2 oto 2 6 Shallots, per lb .. 0 6to 0 8
Cabbafzes, pr doz 0 9to 1 3 Horseradish, pdo 1 oto 2 0
Pod ditto 0 0;o 0 0 Parsley, per ditto 0 3to 0 4
Savoy do., pr dz 0 oto 0 0 Celery, per ditto 0 oto 0 0
Cauliflowers, pdz 1 oto 2 6 Beet, per doz. .. 1 6to 2 0
Brocoli, per bus. 0 oto 0 0 Parsnips, per do. 0 oto 0 0
Potatoes, per tonl2o to 180 0 , Small salad, p. pn, 0 2to 0 3
New ditto, pr lb ..0 2to 0 6 Mushrooms,p ptl. 0 9to 1 6
Turnips, dz bunch 1 6to 2 0 Artichokes, each 0 oto 0 3
Carrots,pr do 4 6to 5 6 Cos lett, score .. 0 Bto 0 10
Cucumbers 0 4to 2 0 f Mint and savory.. 0 3to 0 4
Garlic, per lb
Sorrel, per sieve 0 oto 0 0 j Radishes, dz hnds 0 oto 0 0
Green peas, h.-sv. 0 oto 0 0 ; Tomatoes. doz... 0 oto 0 0
Brus. sprouts, h.s. 0 oto 0 0 Chillies, per ditto 0 oto 0 8
Onions, doz. bn 1 3to 1 9) Capsicums, per do 0 oto 0 0
New Do., dz bun 0 9to 1 3 Rhubarb, per bun 0 oto 0 0
Spinach 0 6to 0 8 Asparagus, pr do. 2 6to 5 0
Turnip radishes 0 oto 0 8; Seakale, per bun. 0 oto 0 0