The Sun.
London, England, 1849-05-24 00:00:00

REPORT

Of the Directors of the National Bank of Ireland, made
to the Proprietors at the Fourteenth Annual General
Meeting, held at the Office of the Company, No, 13,
Old Broad-street, London, on Wednesday, the 23d of
May, 1349.

" The Directors have the satisfaction of placing before
the Proprietors the usual statowents of account for the
past year.

"In so doing they deem it useful to direct attention
to a few of the leading circumstances which have in-
fluenced the progress of the establishment during that
period, and which have induced the Directors to exer-
cise extreme caution in the employment of the resources
of the Bank.

" The crops were for the most part under the usual
average, the potatoes were again seriously affected,
while the prices of produce, including those of cattle and
other live stock, had fallen below those realised in years
of much greater abundance.
" The pecuniary pressure caused by these circum-
stances on all classes, has been one of unusual severity.
" Contemporary with this state of things as regards the
agricultural resources of Ireland, commerce and credit
have been seriously affected owing to the disturbances
and consequent excitement which prevailed during a
part of last year, unsettling public confidence, and in-
terfering injuriously with the usual operations of trade.
"Under these difficulties and disadvantages it is not
to be expected that large profits could be realised from
prudent banking operations.
" The Directors are, however, gratified in being
enabled to state that, after paying the usual half-yearly
dividends, amounting to 22,5001., and writing off all
ascertained bad debts, there will remsin a surplus of
3,9901.125. 10d. to be carried to the credit of the profit
and loss account for the year 1849, viz.:—
The undivided profits at December,

1847, were 4 £61,105 4 4
Net profits for the year ending Decem-

ber, 1848

Deduct half-year's dividend
to Midsummer, 1848 X11,250 0 0
Ditto to Christmas, 1848 11:250 0 0
Bonus of 10s. per share on
20,000 shares
Amount paid T. Lamie
Murray, Esq., according
to the provisions of the
Deed of Settlement l,OOO 0 0
Balance of profit and loss
carried to that account
for 1849

Leaving amount of undivided profits to

the credit of Reserve Fund at De-

87,595 17 2

37,490 12 10

°ember, 1848 550,105 4 4
" Since the last annual general meeting the Court of
Directors have appointed Anthony O'Flaherty, Esq.►
M.P., as a Director to fill a vacancy in the direction oc-
casioned by the retirement of Charles Bianconi, Esq.,
and which appointment will require the confirmation of
this meeting.
"Since the last annual general meeting a vacancy
has occurred in the direction by the retirement of F. C.
Brown, Esq., who, had he continued iu office to the pre-
sent time, would have gone out of office by rotation at the
meeting; the vacancy thus occasioned it has not been
deemed expedient to fill up.

" There are now to be elected four Directors, viz.,
ono Director in the room of F. C. Brown, Esq., and
three Directors in the room of John Joseph Keene, Esq.,
Christopher Fitzshnon, Esq., and Colonel the Honour-
able Leicester Stanhope, who retire by rotation, all of
whom aro candidates for the office, and eligible to be re-
elected.

"Rowand Ronald, Esq., having signified his intention
of becoming a candidate for the office of Director, his
name is submitted to you accordingly.
" Approved by tho Court.

(Signed)

" F. B. HENSHAW, Chairman."

The CHAIRMAN having stated that he was ready to
reply to any questions that might be asked by the
proprietors, proceeded to address the meeting as
follows :—Since, gentlemen, no proprietor wishes to
put any question to the directors as regards the trans-
actions of the past year, it now becomes my duty to
move that the report which you have heard read be
approved of by the proprietors, and printed for
circulation. In doing so, it may be worth while to
allude to the disturbing causes that have interfered
with all banking operations, not only in England
and Ireland, but throughout the whole of the con-
tinent of Europe.—(llear, hear.) Within the last
half century or more there has not been such a state of
political excitement, depression, and derangement of the
laws which regulate profit and credit as during the
past year. As regards Ireland itself, I may say that it
has not been free from those political commotions to
which I have referred. Fortunately they were,
however, of short duration ; yet the madness of some
of the attempts made last summer to disturb the
peace, which happily was very soon put down, had
no doubt their corresponding effect upon the fears
and feelings of individuals, and so far must have in-
terrupted all banking operations.—(Cheers.) In addi-
tion to that there was the failure, I may say a general
failure, of the potato crop. That failure, however,
if it had been unassociated with other evils, or rather
if it had not succeeded the failure of former
years, would have been only partially felt ; but suc-
ceeding as it did the failure of the crops of three
successive years, it was felt with redoubled effect, and
weighed heavily on the state of Ireland. In addition
to that Ireland has suffered from the measures of the
Government connected with the abolition of the
corn-laws and the consequent introduction of free
trade, since the value of the produce of the country
was affected by the change, for Ireland may be said
to be entirely dependent upon her agricultural re-
sources—particularly the parts of Ireland with which
this bank is mainly connected. There are (as you
are aware) no local manufactures to sustain the indus-
try and employment of the country; and, in fact, it
may be said that the part of Ireland with which
we are connected entirely depends upon its agricul-
tural produce, and the price which it may realise in
the market. These things have had a similarly serious
effect upon the operations of all institutions like our
own. A considerable pressure has also been felt as
regards the poor-rates. Indeed, I may say the means
and resources of every body in Ireland have been
affected by the high amount of these rates. And in
addition to all these evils, the price and value of
landed property has fallen considerably, as some
estates which, a year or two ago, were worth 25 or
26 years' purchase, could only, such is the depressed
state of the country, be sold with difficulty at 15
years' purchase. These are serious matters ; but
is not intended, in such a brief address as mine
to vou on this occasion must necessarily be,
to allude at any length to the political and
other causes which have brought Ireland to her pre-
sentd state, yet it is necessary, in calling your attention
to the state of the bank's operations,sa ,totbbartiea boy oftly glance
at these causes. Indeed, I may y
gentlemen like you are quite capable of appreciating
these difficulties. With regard to the operations of the
bank during the past year, I may say that the direc-
tors—seeing allthese things, because of the experience
which we have acquired in the management of bank-
ing affairs in Ireland, the ample and important in-
formation which we constantly receive from the local
directors, inspectors, and managers, and other persons,
interested in the condition of Ireland—early last year
came to the determination not to make very large
ventures—(Cheers)—not to advance a large amount
of capital in the excited state of the country at that
time.— (Cheers.) I may say that the principle which

guided the board was to keep the capital and reserve
fund intact, rather than make large apparent profit,
whilst probably incurring at the same time large and
serious losses.—(Hear, hear.) If, therefore, any
merit is due to the directors on the present
occasion, it is, that they foresaw the probable
state of the country, and managed your affairs
in such a manner as not to compromise the
safety of our operations, and to secure your
dividend at the present moment, and after writing off
the bad debts, leaving a handsome surplus to be car-
ried to the profits of the next year. I may say con-
scientiously, as we have the pleasure of seeing before
us the directors of several of the local boards in Ire-
land, and speaking in the presence of my colleagues,
and enunciating their sentiments, that this fact of the
extreme caution which we have used will be assented
to by them.—(Cheers.) Ishould also mention to you
that last year s e undertook an important and a
responsible step w ith regard to an institution in Ireland
that was about 'to give up business—l mean the
London and Dublin Bank, which had branches in the
very best parts of Ireland, namely, the eastern dis-
tricts, throughout which, as we found by experience,
property is of more value and the agricultural classes
are in better circumstances. After a gust deal of
discussion we took the business of that Lank ; its
securities were transfered to us, and we took upon
ourselves the responsibility of paying their depositors.
The responsibility, as I have said, was apparently great,
but having become well acquainted, after minute in-,
quirt', with the nature and extent of the resources
of that bank, we did not hesitate to do so ; and I am
happy to tell you that the result turned out as we
calculated. The anticipated responsibility and security
turned out to be no responsibility at all.—(Cheers.)
I am the more happy to mention this, because I in•
dividually took a zealous and an active part in its
accomplishment. There is another topic which has
occurred within the year upon which I will say a
few words. To the movement with regard to
savings' banks we had paid much attention, but
we had done nothing to influence the public mind
with respect to them ; but the gross mismanage-
ment of some of the savings' banks of Ire-
land, during the past and former years, had
shaken public confidence in them. Under these
circumstances the leading nobility, gentry, and
clergymen, in the various localities in which our
branch banks are situated, entreated us to take
deposits in small sums. We consented, and made
such arrangements to carry out their views, and at
the same time not to increase the expenses of manage.
ment. The progress these small deposits have made
leads to the inference that in the future we shall
derive benefit from them, although not undertaken
with an interested motive ; but it being the desire
of a large and influential body in Ireland, we felt,
as a public institution, that we ought to facilitate
their wishes by every means in our power. I think
all that remains for me to do is to say that, as
regards the future prospects of the bank, I cannot
conceive that anything worse can happen to Ireland
than what is past.—(Hear, hear.) There may be
something in the dispensations of Divine Providence
with which we are not permitted to be acquainted.;
but I think if any country has gone through sufferings
—sufferings of the most extreme and awful nature, it
is Ireland. It is, however, impossible to anticipate
that anything more can happen to that unfortunate
country. I think we may reasonably come to the
conclusion, looking at what has occurred in the
past, that we are at the bottom of the gulf.
There is something, I trust, in the recuperative
state of Ireland, which may work for good.
—(Cheers.) Her crisis, I trust, is past. We are
not, however, trusting to mere hopes—we are watch-
ing every operation ; and, though ready to help the
commerce of the country, we are doing so with the
utmost caution.—(Cheers.) The Chairman con-
cluded by proposing the motion, which was adopted
unanimously.
The CHAIRMAN moved the election of John Joseph
Keene, Esq., Christopher Fitz-Simon, Esq., and
Colonel the Hon. Leicester Stanhope, who retired
from the directory by rotation, and who were elegible
for re election.

The motion was carried unanimously.
Upon the motion of the CHAIRMAN, the election
by the board of directors, of Anthony O'Flaherty,
Esq., the Member for Galway, was confirmed by the
meeting.
The CHAIRMAN moved the election of Rowand
Ronald, Esq., in the room of F. C. Brown,
Esq., also retired. There was .no other can
didae for the office and his name was pro-
posed with the approbation of all the direc-
tors, being a large shareholder in the bank, and
having been formerly a director.—(Bear, hear.)
The motion was carried unanimously.
Sir B. M'NAMARA said he could not allow the
proceedings to terminate without:thanking the Chair-
man and directors for the very cheering report which
had just been read.—(Hear, hear.) The Chairman
had very properly stated that the worst had been
passed through; and they all knew when a storm
came to the worst there was always some prospect of
its speeedily mending.—(Hear, hear.) Now be
did think that their report would bear compa-
rison with any report which had recently been
made.—(Hear.) He was a proprietor of another
bank which had been established a considerable time,
and from his knowledge of banking affairs generally,
he thought he was justified in saying that this was
on as good a foundation as any other. bank established
in Ireland.—(Hear, hear.)
Dr. MAGEE proposed a vote of thanks to the
Chairman and directors for the assiduity which they
bad shown in managing the affairs of the bank during
the past year. He hoped God would spare them long
to continue their services on behalf of the bank.

The vote was unanimously carried.
The CHAIRMAN said it was his pleasing duty, on
behalf of himself an the other directors, to return
their sincere thanks for the honour which had been
done to them. It afforded him great pleasure to see
on that occasion so many large proprietors present,
many of them having come great distances from
different parts of Ireland. He could assure the pro-
prietors that they had tried to meet their approbation,
and he trusted that would not be the last occasion on
which they would receive such an unanimous vote of
thanks from them.—(Hear.)

Mr. SMETHWICK moved a vote of thanks to N
S. King, Esq., the Secretary, for the efficient way
in which he had discharged his duties. He was
much esteemed and regarded by every one who knew
him in Ireland.—(Hear, hear.)
The CHAIRMAN intimated that the board entirely
concurred in the estimation in which the services of
the secretary were held.

The motion was then carried unanimously.
The SECRETARY said be was much gratified by
the honour which had been conferred upon him, and
assured the proprietors that his utmost endeavour'
would be devoted to the interests of the bank.
The meeting then separated.

were reviewed in
belonging to the London district,
P A RIME:Ill Bo IrOTrnilizngCtlihEeLeVollier ChelseaaßS IrenHsioYfeirras
dent of pensioners. At an early hour the
mili-
taryyde;uppaerrki by
ntLieutenant-Colonel A. M. Tullock,
pensioners assembled on the cavalry exercising ground
facing Grosvenor-gate, and took up an extended position
reaching fron4the shrubbery abutting the Oxford-road,
to a clump of trees nearly opposite the Marquis of West-
minster's. At ten o'clock the line was formed, and
shortly after Lieutenant-Colonel Tullock, accompanied
by the staff of the London district and several general
and field officers, arrived, and were received by the line
with presented arms, the band playing the National
Anthem. After a very minute inspection, and having
marched past in slow and quick time, the brigade was
Pitt through the battalion manoeuvre, and tiring by
divisions, subdivisions, sections, and single files fol-
lowed. The greater portion of the men were decorated
with the war medal, and several in addition wore Wa-
terloo and regimental medals. The line having been
again formed, a general salute was given, and the men
were dismissed.
_

ALARMING FIRES.—This morning, shortly before
one o'clock, a fire happened in the upper part of the
house of Mr. Phillips, broker, Lamb's Conduit-street.
A child had been left in bed, and from an unusual light
having been seen by the servant, :he entered the room,
and found the bed clothes in flames. Having snatched
up the child, whose night clotbes had already ignited,
she alarmed those in the house, who rendered every as-
sistance in extinguishing the fire, but this was not ac-
complished till considerable destruction of wearing ap-
parel, furniture, &c., had taken place. Another fire
took place about three o'clock in Curtis-street, Dock-
head, also in a sleeping room, which was attended with
groat damage to property.
Delicacy and respect are the fruits not so much of
intellect as sensibility. We are considerate towards
others, in proportion as our own consciousness gives us
universal insight; and sympathies are the beat teachers
of politeness.—,Eliza Cook's Journal.

_ ..
... , THE SUN, LONDON,
FRANCE. It is generally believed that a very bloody engage- week has had no appreciable effect; and these ar- ,
,
In the sitting of the National Assembly on Tuesday, meat will take place near Krosno. tides, as well as T cloths, are still as dull as ever. Still
in answer to a question by M. Sarrans, M. Drouyn Travellers from Klauserburg state the Hungarian worse are fustians, the manufacturers of which have, to
de Lhuys, Minister for Foreign Affairs, replied that Republic was proclaimed in that city on the 29th a great extent, either put their mills upon short time or
stopp
ed them altogether. On the other hand, there ap-
the Assembly had made known its intentions with April, and inaugurated by a religious ceremony.
pears to be a somewhat increased inquiry for 40-inch
regard. to Rome; that an envo had been sent to that An order was at the same time issued, that all men shirtings, such as is usually perceived when the Indian
capital and the-French head-quarters; that he was the between 18 and and 40 years of age should • take mail is on the point of arriving. Printing cloths are
bearer of the resolution of the Assembly, and was up arms. The Saxons and Romans who refused to steady, the middle and lower qualities being :in fair re-
ordered to conform to it. As respected Hungary, the do this were obliged to leave the city. quest. On the whole, our market has been fully as
gravity of_ events had attracted the serious attention The rumour of the victory of Bern over the Rus- cheerful as it was last week ; and, for the most part, not
of the Government. It had addressed remon- sians in the defiles of Rothenthum, is fully confirmed, less firm in the price of goods and yarns.
*trances on the subject to the Cabinets of Lon- and this victory accounts for the non-appearance of Rocetnaee, MONDAL-To-day has been one of the
dullest markets we have had this year. Indeed but few
don, Vienna, Berlin, and St. Petersburgh. He re- the Russians in Hungary in such force as would
buyers have attended, and those have purchased very
fretted his inability to give the Assembly further enable them to undertake offensive operations, a non-
sparingly. A failure has been announced to-day of
explanationS. 'lf M. Sarrans could devise other appearance of which the Vienna Ministerial journals
manufacturer, who has made principally for the Black-
measures, he requested- him to indicate them, and if bitterly complain. That both Russians and Aus- water and anchester markets. His liabilities are
any member seas anxious for war he should assume trians have been defeated is evident from the fact stated as varying from 5,000 L to 7,000/. His dealings
the reeponsibility of that calamity by making it the that strong entrenchments are being thrown up round have chiefly been in dyed goods, and hence most of the
object of a formal proposition. M. Guichard next Vienna, and every preparation is made to enable the dyers in the town are creditors. It is said that very
spoke, after which M. Joly rose and said, that it was city to stand a siege. No one knows anything few of the woolstaplers have escaped, and these dealers
impossible the Assembly could be satisfied with the of the whereabouts of Jellachich ; and his army are in a worse position than the dyers, who have a lien
explanations given by the Minister for Foreign have disappeared from the scene in a marvellous upon the goods in their possession. The Wool Market
Affairs. The latter, he maintained, should manner, but bands of stray Croats occasionally reach remains inactive, and prices may be quoted rather easier.
be compelled to lay eon the table the Vienna, and the Hungarian General Penzel, against HUDDERSFIELD, Tuesaer.-There is no alteration to
replies returned to his communications by whom Jellachich was dispatched, contrives to make report from last week's market. It is generally under-
the foreign Cabinets. - If those commu- unresisted progress through the south of Hungary. stood that business throughout the district is in a fair
nications 'proved without result, or were un- Probably, when we get Hungarian accounts, we and healthy condition.
HALIFAX, SATURDAT.-Everything remains much the
favourably received, France should adopt energetic shall find that Penzel has defeated Jellachich and
same in wools,. yarns, and
.manufactured. goods; but the
measures. *For his part, he preferred war to the de- dispersed his forces. Benedek, who had been by expectation of the speedy termination of the Danish
gradation of his country and the destruction of its Deckle into the Zips to cover Gallicia and the moun-dispute,has induced a more cheerful tone, both amongst
liberties. He then called en the Government to re- tarn districts, has been defeated by Dembinski and spinners and manufacturers.
cognize stud protect the Roman Republic instead of driven back to Tyrnau, and the army of Dembinski LEEDS, TUESDAY.-No better market to-day ; but, if
attacking it, to form an alliance with nations, and occupy the positions of which Benedek was sent to anything, rather worse than last Tuesday. Business in
break off all connexion with Kings. In conclusion, he get possession. Dembinski has concentrated his the warehouses continues very dull.
proposed the following order of the day ,__II The Na. forces in excellent positions near the mountain cities
tional Assembly, considering that the manifesto of the of Shemnitz and Cremnitz, from whence he can PRICES OF SHARES
Emperor of Russia, and the treaties concluded advance on Tokay, the Gallician frontier in Comorn. IN BANKS, ASSURANCE, AND OTHER COM-
between Russia, Austria, and Prussia, are an attempt PANIES' STOCK.
against the principle of the public law proclaimed by BELGIUM. From the Official List.
the French Constitution, and ratified by the vote of BRI7BBELS, MAY 21.-The Journal des Flanders PUBLISHED EVERY TUESDAY AND FRIDAY EVENING.
the National Assembly, protests, in the name of the says :-" The King received the deputation of the LONDON, TUESDAY, MAY 22.
French people, against that new coalition which city of Ghent, consisting of the burgomasters and
menaces the liberties of Europe, and enjoins the members of the committee of the festival, who came JOINT-STOCK 2 AMES.
Government to adopt immediately the most to invite their Majesties to attend the festivities which Dividend Amount
energetic measures to enforce respect for the will take place on the 22d, 23d, and 24th of July, on Name of Company. per of Paid. Price.
Annum. Share.
principle of the independence and nationality occasion of the exhibition of the Flanders manufac- -
-_-_
of the Roman Republic." M. Manguin, who tures. His Majesty promised to be present, with the . A s. d. Aa. d.
a. stralasia •-• • • •••••• - 40 0040 0 0 -
followed, observed, that, although the speech whole of the Royal Family." BritshNorth American 51. per cent. 50 0 0 50 0 0 -
of M. Joly contained many sentiments he concurred The Independance states that the Chambers will Ceylon .. - ..•• •• - - 71. per cent. 25 0 0 25 0 0 -
in, he should vote against it, because he believed that close immediately after the discussion on the budgets Commercial of London 61. per cent. 100 0 0 20 0 0 -
o
C lonial * -
an expiring Assembly could not adopt so important of Finance and the Interior, which will be between Gloucestershire .... • • 15Iper
sscent. - - -
a resolution. M. Vaulabelle replied that the Conven- the 10th and 15th June. lonian .. ••••.• • • • • • • 61. per cent. 25 0 0 25 0 0 -
tion at its last sitting had voted the incorporation of the The budget of ways and means has been postponed Lopnidtntoand Westminstr 61. per cent. 100 0 0 203
00 00 -
-
Duchy of Bouillon with France, the establishment of till November. The main argument for this was, London Joint-Stock. •. 61. per cent. 50 -0
0 101 0 0 -
the Institute, of the Polytechnic School, of the Court the difficulty, under present circumstances , of P:ovincial of Ireland.. 81. per cent. 100 0 0 25 0 00
of Cessation, &c. General Cavaignac next rose and obtaining the exact result of the income arising aantilottnoa,lNo Yew.....
Irelandw::•
•• :
••
at.Bl.ppeerr
oceeontt..
5100
00 00
21 0
20
10 0 -
said that he would vote against the order of the day, from several branches with any degree of certainty. Nat. Provncial of Eng. 61. per cent. 100 0 0 35 0 0
Ditto, New. ....... 5/. per cent. 20 0 0 10 0 0 -
but was afraid its non-adoption should be misinter- Several membersallegedthat the cl• •of - 51> per cent. - 22 10 0 -
preted in the country. He had voted against budget might give rise to political questions of the Union of Australia- - 61. per cent. 25 0 0 25 0 0 -
the ex ' • pedition, because he did not wish Rome to be highest importance, in opposition to the Ministry, the a3ioitatoci: i•o•n•d•o•n• •:• • : 6611.
, per
cent. 50 50 -0
0 120 100 0 -10%
attacked. He thought France should respect the replies to which could be more easily given at the Union of Madrid London... •.
. per - e 40 0 0 40 0 0 -
Roman Republic, without, however, being obliged to commencement than at the close of a session.
INSURANCE COMPANIES.
support it. It should not be said that the Assembly ,
was indifferent to the danger which menaced the BOHEMIA. Dividend Amount
g
Name of Company. per of Paid. Price.
country. That danger came from Russia, whose atti-Russia
PRAGUE, MAY 14.-The Emperor of is Annum. Share.
tude, and the recent manifesto of the Emperor, corn- expected at Prague. His Majesty will probably ar- • - -
t 8. d. £ s. d.
pletely altered the situation of affairs in Europe, and rive there on the 19th, and remain there till the 22d ; Albion .• •••••• • • • • • • 31. 105. 500 0 0 50 0 0 75
the course of foreign policy to be pursued by France. after which he will set out for
He trusted that M. Joly would accordingly con- A letter from Kalisch to the same effect sa s:- Ditto Marine. •• .• • • 61. per cent. 100 0 0 50 0 -
Atias 13s.6d.prsh 50 0 0 5 6 8 15%
sent to modify his resolution. M. Joly acquiesced The Emperor of Russia who w d y has expecte on t e British Commercial •• 7s.per share 50 0 0 50 0 5/
in the demand of the General, suppressed the para- 10th, will not arrive till the 16th at the camp of
Clericl Med.& Gen. Life spr ct.& bs. 100 0 0 10 0 0 19
graph relative to the Roman Republic, and proposed Lovitsch, and rand f tes ' will take place in honour 31. 100 0 0 10 0 0 65
14s. 50 0 0 5 0 0 -
that the measures to be adopted by the Government of his presence.g The '
.e Czar will here receive his Eagle .. -• • ...... •• •• 6s. 50 0 0 50 0 5%
should have for their object to enforce respect for the au us t hosts. The object of the Emperor is to inspect Eitargo.& Scot. Law •. • • 51. per cent. 50 0 0 212 6 -
principle of the independence of nations generally. ligmilitary t e at Kirchendorf.-Bohemian Gazelle. peaa Life •••• • • 5% per cent. 20 0 0 All paid. 10%
Family Endowmnt Soc. 4/. & bs. 100 0 0 4 0 0 -
General Cavaignac replied that the resolution, as Freemasons' .•••• • • • • CL per cent. 20 0 0 3 0 0 -
modified by M. Joly, would still amount to a declare- RUSSIA. eiobe - 125
Glardian • . . . . • - • . • • S
tion of war, emanating from the Sovereign Consti- The St. Petersburgh Journal, of the 11th, has the itn. perial Fire .....• • • 121. per. cont.
500100 00 00 3650 100 0 48
tuent Assembly, and suggested the expediency of its following article on the manifesto of the Emperor on Imperial Life •... •• •• 12s. 100 0010 0 00
22140%
being worded in less explicit terms. the intervention of Russian troops on behalf 0 f Indemnity Marine.
Law Fire -- - - ?.., • • 11. she & bs. 100 0 0 513 1 -
. - 100 0 0 210 0 234
This being agreed to, General Cavaignac, M. Joly, Austria :- Low Life- ...... •• .. 11. 16s. 100 0 0 10 0 0 4234
and others withdrew to one of the Bureaux to prepare "We publish to-day a new manifesto, which the Em- r'e4ll and General Life - 50 0 0 20 0 4%
a new draft of the resolutions, and the sitting was peror has just addressed to his people on the occasion L LondondonsFhlire •••• • • • • 10s. 25 0012 10 0 15
10s. 25 0 0 12 10 0 15
swpsnded. Shortly before post hour the General re- of the entrance of our troops into Gallicia. The afarine- !Z.... :: : .... - 100 0015 0 0 5%
ascended the. tribune, and read the resolution principles and motives of this important measure are lied* Invlid & Gen. Life 4361. per et. 50 0 0 20 0 23e
had prepared.- It was to this effect :-" The too clearly indicated to render it necessary to N,ational Lean Fund.. 51. per cent. 20 0 0 210 0 -
heNational Life. . -
develope them here at any length. The intervention e.oadium Lite
National Assembly directs the serious attention of 5L per cent. 50 0 0 2 0 0 210 s.
is based on two principal reasons ; the moral duty Pelican •••••• •••• .. •• - - - -
the Government to the events and movements of l'ncenix •• - - 142
imposed on us by the formal demand of a Cabinet with
troops now taking place in Euroe, and pre-oocupied hi hPi otector Life.... ... 51. per cent. 20 0 0 10 0 -
p the engagements and transac-
w. c we are united. byProvident Life- -- - IL 58. & bs. too 0 0 10 0 0 26
with the dangers which menace the country, it calls tions of an old alliance; the positive right which we de- Kock Life............ 55. 6000 10 0 5%
the on Government to adopt the measures necessary rive from the necessity of providing on this occasion for Etoyal Exchange 5l. per cent. Stock. - -
for its • energetic protection." M. Joly found that our own defence. Whoever may take the pains of cast- "title e•
. 61. 10s. - - 203
11 6s 44
resolution too weak, and persisted in its former order ing an eye over the whole of our geographical situation, univaLlifitie..:. * * - -
10/ pr mat. 100 0 0 9 0 0 -
of the day. and upon the state of the populations along the Carper- Victoria Life.. • - 40 0 4/
M. Odlon Barrot next rose and combated both thian Mountains and the Danube, will find it evident
resolutions. that the Austrian monarchy cannot be, on this sidd, munGEl3
wronged, either in its possessions or political power, with- Dividend Amount
The Siiele says •:-"A report was current last
out creating a violent perturbation in our relations with Name of Company. per of Paid. Price.
evening that a demonstration was to be made to-day,Annum. Share.
neighbouring. Powers and in our most essential interests.
calling upon the National Assembly to grant an am- ___--
These interests the breaking out of the Hungarian insur- £. s. d. A. a. d.
nasty. Every demonstration is a danger and a snare ; rection has put at stake. But within a short time, and by Charing-cross •••• .• - -- 25 0 0 -
an abuse of numbers, a provocation to the employ- concurrence of circumstances derived from the obligation Southwrk,NwSub.Av. - 632 12 11 -1%
meat of force. Let us, therefore, hope that the Go- accidentally imposed upon her, Austria has found herself waterloo
Nw of 7% p.c. 355. per cent. 50 0) 0 - 4
vernment will be sufficiently wise and moderate, called upon to watch over the security of her territory at Ditto Old Vi.n...0.f.5.i. it. ss. 4d. 100 - 0 60 -0
0 2V4
without sacrificing anything that the preservation of several points at once. This insurrection has suddenly be- Ditto Nw ditto of 71. 11. 25. 2d. - 40 0 0 24
Vauxhall .... ... Av. 11. 17s. 70 10 a - 18
public tranquillity may require, to place completely come more formidably developed, and the nature and ten-
dency of which. we can no longer mistake. From the borders DOMES.
in the wrong the promoters and instruments of the
of the Theis it has advanced rapidly to the shores of the
proposed demonstration." Dividend
per Amount
of
Danube. Upper Hungary and Transylvania are al- Name of Company. Paid. Price.
We read in. the National:-'s A report is in circu- ready in its possession. With the focus of its action it Annum. Share.
lotion that a manifestation is to take place to-day in- -
has proportionably' increased the circle of its revolte-
favour of the amnesty. Any demonstration of the tionary influence. The movement ' is no longer purelyx s. d.
CAnmercial ......... 41. per cent. Stock. -• • -
kind at this time could only serve interests hostile to Hungarian; it has become half Polish. It serves as the East and West India... 6/. pr cent. Stock. - 132%
the Republic. We have sufficient confidence in the basis of an insurrection much more extended, much more East Country • 40s. per sh. 100 0 0 - -
London • - 111
good sense and patriotism of the people, to affirm that ambitious, which aspires to raise all the countries Ditto Bonds- .. •.. 41• cent. - - per
it will not give to reaction the pretext of which it is in of old Poland, and to revive for us the disasters and the St. Katharine .. • • •• - 4 per cent. Stock. - 8234
need and which it has sought in vain since the 29th calamities of 1831. This new spirit manifested itself Ditto Bonds ..4)61. pr cent. - - -
,
of January last." from the day when the Magyar camp became the ren- Southampton •• -- -2/. per cent. 50 0 0 50 0 0 -
dezvous of the remnants of the Polish emigration, of WATER-WORKS.
FRANKFORT. those soldiers of anarchy which are to be found in all -
Dividend Amount
countries, in the service of all revolts, at the bottom of Name of Company. per of
In the sitting of the German Parliament of the all conspiracies which have for th •
object to overt- Annum. Share. Paid Price.
their
e
19th, the following resolution deposing the Archduke throw the fundamental principles of society, and to - -
John from the Regency, and ordering another to be substitute in their place the sanguinary dreams of the East Lendß x s 0 . d. £
s. d.
172
elected, was carried by a majority of 126 to 116 :- most hideous demagogy. More than 20,000 indivi- Grand Junction ......• 8
21.1% 1 CO2.
41
13
40 -
- 81
" The Parliament resolves to elect immediately (if _
duals belonging to this category are at this moment enrol- 31. 105. 100 0 0 - "7
possible from among the German Princes) a Regent, led under the standards of the Hungarian army. The Lambeth ...... - .... 51. per cnt. 100 0 0
I New Rivr Lndn Brdge 21 106 - 99
who, according to Art. 3of the Constitution, shall have form regiments and entire organised corps. It is to their Vauxhall ............ IW. per•
cnt. 100 -0
0 -
- 55
100
the rights and duties of the head of the empire up chiefs, and particularly to Beal and to Dembinski, that West Middlesex .. . 161.04. pr cnt. - - 120
to the period assigned in the resolution of the 4th of principally belong the conception of their plans of action
GAS-LIGHT AND CORE COMPANIES.
May. 2. The Regent shall, in the presence of the and the direction of the warlike operations. Their projects
Parliament, take his oath upon the Constitution. against us are no longer concealed; they are openly de- . Dividend Amount
Name of Company. per of Paid. Price.
3. It is the Regent's duty to take immediate elated. It is to carry the theatre of insurrection into Gali- Annum. Share.
steps to the taking of the oaths on the Constitution cia, and eventually into our Polish provinces. Their plots
by the civil and military officers of the individual states. have already taken root in Gallicia and at Cracow. On the
British • A. d. A. a.
4. The Regent will take all necessary steps for the elec- side of Transylvania they tend to paralyse, by exciting
Ditto •Pr•o•v.i•n•c•I•al. •••• •••• 11.11•8 s. 2040 00 0 18 0 o 14
0 19 0 0 18
Lions to the new Parliament. 5. For the effectuation of and encouraging the discontented Moido-Wallachians, Bristol .•••••• • •• • • •• 101. per cent. 20 0 0 _ -
sections 77 and 85 of the Constitution, the present As- the efforts which we are making in concert with Turkey Brighton
ent. 0 0 0
- 16
sembly will continue to exercise the functions of the fu- to maintain calm in those principalities. In a word, they L,C.oltionrentarcoon
ns o• •1111.a.t.. 92x. plrol4.haro,
50 0
0
130 95
39
2 0 25
tore Parliament. 6. The execution of this resolution keep up a permanent state of agitation along the vast line Equitable .•.•• • - - - 455. pr share' 50 0 0 50 0 0 32
ends, according to the law of the 28th of July, 1848, of our frontiers. Such a state of excitement cannot be Imperial • • .... •• -• • 61. per cent. 50 0 0 50 0 0 6634
the activity of' the Provisional Central Power, of which prolonged without endangering our situation. It calls Independent ....... •• 61. per cent.
5040
00 00
5040
00 0 61
-0 1234
the right and duties will be conferred on the new Regent." for the most prompt and energetic measures on our part. Lon
Dittoo n
.• .. .. .. . . • • • • • • : :
- 50 0 0 50 0 25
The following resolution, proposed by Uhland, It is, without doubt, to be regretted that Russia could Phoenix ... •.: :: :: :: .. 51. per cent. 50 0 0 46 0 0 23
had been previously agreed to :- not indefinitely maintain the passive attitude which she Ratcliff ..... ...... • • 51. 100 0 0 90 0 0 75
"If the Regency which the Parliament created were adopted in the origin of the European crisis. For more wilnitted General •• • • •d• 434 1• pr cent. 50 0 0 50 0 0 1234
3/. 50 0 0 - 4b
to attempt, as indeed it has been threatened by its Mi- than an entire year she has shown no desire, manifested Ditto,es nNsteewr C.hartere
12s. 50 0 0 10 0 0 9%
nisters, to deliver the power of Government created by no impatience to engage precipitately in the struggle, of • •••
the law of the 28th June, 1848, into another hand than the two principles of moral order and anarchy which CANALS.
,
the Central Power which the Parliament will appoint- continues to convulse society in Europe. As long as the wa ,
Price. '
e,
the Parliament declares such an act to be void, and not social tempest raged at a distance, Russia remained calm Names of Dividend Names of per prim
binding on the German nation." and motionless, in presence of the agitation of the Companies. A
A per Companies, 4 Annual.
er. m.
The Deutsche Zeitung states that his Highness the world. She saw war lighted up, institutions falling, -- --
Reand the forms of government changing, without depart. £ £ gent of Germany has been pleased to make nge-
ing from the neutrality,. which she had imposed upon Ashtn & Oldh 97 71. - Macclesfield. 100 21. 10S. -
ments for his immediate departure from Frankfort.Barnsley •• • • 160 121. 180 Neath •••• • • 100 181. 840
herself. But the hour in which it might be necessary
The same paper has letters from Carlsruhe, Mann- to act had not escaped the foresight of the Imperial Birmingham 35 41.
heim, Rastadt, and Freiburg, of the 17th inst. The Government; and, if it at length departs, in spi of te it- Coventry.... 100 25/. 2108 R
PeogakeoFt7.e.s.t.. 7383 311i.15826.. -123 q
state of the capital of Baden was not altered since the self, from the expectant policy which it had maintained, Derby ••. • • 1001 61. 63 Rochdale.... 85 41. 64
last advises reached Frankfort. Armed bands con- it is not the less faithful to the spirit of its former de- E
Ellsmarsers "Le 53625. 41 Srarli, egdosa Coal 150 71.105.
61 130
tinued to arrive from the country districts. clarations. In fact, in announcing, on the occasion of GrandJunctnrew. 1001 511.. 8-11% Stflid&Worc 11420 ilt:i.e. 310
the manifesto of the 14th March last, that it would Grand Surrey 100" 2!. 30 Shrewsbury.. 125 151. -
BADEN. scrupulously abstain from any intervention in the do- tianntdhaUranion 105 g, 11. 10s. 24 reovtirortriadogde..
.., 145 201. 285
26 21. Os. -
mestic affairs of foreign countries, and that it would Kennt fc Avn 39 7s. 6d. 5% Wye Rail. 3
The Post Gazette of Frankfort publishes the fol- leave each free to modify, according to its own views, its Leeds& Livrp 'lOO 301. 315 Warwick& 1
100 41. 50
lowing letter of the l'lth inst., from Rastadt, in the internal constitution, it nevertheless took care to reserve Leicester .... '140,' 51. 6336 Birming. _S
L
Grand Duchy of Baden :-" The Austrian garrison to itself beforehand en entire liberty of action in the Leicstr &Nth
oee 1832 701. 64505 WNarwa
Pticonk& } 10- _
0 31. 41
bas been obliged to leave the town by order event of the revolutions of foreign states placing its own eiou
ne,
ne
oe su rt h
th 1 1
04 0
81......
Worcatr it/ 78 21. 41
of the Executive Commission. The Provisional security in danger, or of the territorial equilibrium este. ernteemrese i too - - Birming.
Government. sent to the Grand Duke, who is in bushed by treaties on its frontiers should incur the risk MeltnMwbryl 100 - - Wilts & Brks - 11. 10
Alsace, an invitation to return to his states, of being deranged or modified, to the prejudice of Russia. ;,=ST OP SCOTTISH COMPANIES' PRICES
but he has demanded three days to reflect. The Now that oar security is somewhat menaced by what Dividend Amount
people who surround him render him bad service by is going on or preparing in Hungary, which appears •
Name of Company. per of Paid. Price.
recommending him not to return, for we constantly evident from the efforts and avowed projects of the Annum. Share.
---- -.
hear the soldiers and citizens say that they wish for insurgents themselves, and that any attempt, which --.---
X s. d. £ a. d
even for
. a time should on this side be made by a 71. per cent. 100 0 0 100 0 0 163
their Grand Duke back. There is nowhere any talk Bank of Scotland
revolutionary Government on the interity and British Linen Company 81. per cent. 100
00 00 1012)
1: 00
3210018
of the Republic. The soldiers have refused to allow unity of the Austrian Monarchy would
..be an Caledonian Bank
Messrs. Struve and Blind, the well-known republican attack upon the state of possession, which, in City of Glasgow Bank . 61. per cent. 10 0 0 10 0 0 11/
20 0 0 10 0 0 12/
leaders, to enter the town, and it is even said that M. accord with the spirit of treaties, the Emper Clydesdale Bank -. •
°r Commercial Bank 71 per cent. 500 0 0 100 0 0 155%
Brentano, member of the Provisional Government, regards as necessary to the balance of power in Europe, Eastern 8ank...... •••• 61: per cent. 25 u 0 10 0 C 91. 7s
has caused them to be arrested."
as also for the repose of his own states, the Imperial Edinb.St Glasgow Bank 61. per cent. 50 0 5 0 0 5%
Government is bound to provide against the eventuality Exshangeßnk of Scot.. 41. per cent. 100 0 0 50 0 0 30
which it had foreseen, and the present situation is Isle of Man. Company 71. per cent. 10 0 0 7 0 0 -
AUSTRIA. too pregnant with, complications for it to be permitted Northof Scotlandßank 41
National Bank 6% per cent. 50 0 0 10 0 0 13/
VIENNA, MAY 17.-The Wiener Zeitung of this to allow the germ to fructify. By preventing these North British Bank
- - 254
day states that, in consequence of the transport of evils, and accelerating by the co-operation which itteLleraent°ol73ceeettliaannl 51.21 per cent. 100
00 0 1000
00
00 1172
military, the train on the Northern Railway from Russia
lends to her ally for the extinction of a fire, which Western Bank.. ••• • • • Si.. per
per c
cent.nt. 1000 0
00 5
50 0 0 72%
threatens to extend from the Danube to the Vistula, and Aberdeen Fire and Life 7361. pr cent. 12 10 0 20 8 234
Vienna to Presburg, and vice versa, will not run on B. Accord. Life and Fire 20 0 0 010 0 -
ferment, all the nationalities in -
that day (17th). which keeps in a state of
he British Guarantee Ins. 4/. per cent. 10 0 0 1 0 0 lOs Od
The Wanderer of this day contains a pro- that vast Empire, Russia does not merely exercise t Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 21
st of self pre- Church of England Ins. - 50 0 0 20 0 2
clamation by his Majesty the Emperor to incontestable right conferred by the interest
City of Glasgow Life 6L per cent. 25 0 0 2 0 0 21. Ila
that she acts in that of all
the Hungarians, ,dated Schonbrun, May 12, and nervation; but she believes
true trends of peace, and that she will
. Edinburgh Life Insur. 61. per cent. 100 0 0 12 10 0 1834
East of Scotland Life.. - 10 0 0 015 0 9i.od.
countersigned by Prince Schwarzenburg. The pro- powers who are the
of the repose of society, Scot, Law Life 51. per cent. 50 0 0 217 6 -
contribute to the maintenance
clamation, after adverting to the lamentable fact, that e Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 -
a fr••••
1*•••1"a '"'" "A l'`*l "'"'"" I";. eefeeret tee, „_ and of the balance of power in Europe.
Insure Co. of Scetlnd - 51, per cent. 100 0 0 10 0 0
_ ._ II o--41..,A clnwrpani Innn In.', C.

The Post Gazette of Frankfort publishes the fol-
lowing letter of the rlth inst., from Rastadt, in the
Grand Duchy of Baden :—" The Austrian garrison
has been obliged to leave the town by order
of the Executive Commission. The Provisional
Government, sent to the Grand Duke, who is in
Alsace, an invitation to return to his states,
but he has demanded three days to reflect. The
people who surround him render him bad service by
recommending him not to return, for we constantly
hear the soldiers and citizens; say that they wish for
their Grand Duke back. There is nowhere any talk
of the _Republic. The soldiers have refused to allow
Messrs. Struve and Blind, the well-known republican
leaders, to enter the town, and it is even said that M.
Brentano, member of the Provisional Government,
has caused them to be arrested."

AUSTRIA.
VIENNA, MAY 17.—The Wiener Zeitung of this
day states that, in consequence of the transport of
military, the train on the Northern Railway irom
Vienna to Presburg, and vice versa, will not run on
that day (17th).
The Wanderer of this day contains a pro-
clamation by his Majesty the Emperor to
the Hungarians, dated Schonbrun, May 13, and
countersigned by Prince Schwarzenburg. The pro-
clamation, after adverting to the lamentable fact, that
a few lawless men had led away his faithful Hun-
garian subjects into open war against their Monarch,
places before them the disastrous consequences of
this crime, which visit not only the authors, but
falls upon thousands and tens of thousands of
guiltless heads. His Majesty then states that he
has requested the assistance of his confederate ally
the Emperor of Russia to restore legitimate order,
and exhorts the Hungarians to regard the Russians,
not as their foes, but irs the friends of their country,
who will aid them in making common cause against
their enemies, and deliver Hungary from the
ignominious yoke of native and foreign miscreants.
The Journal du Commerce says that the whole of
the Imperial army is now making a movement from
the frontier of Moravia to oeden burg, to commence
a new campaign with the aid of their Russian allies,
Large bodies of the Russians have already
arrived, and 25,000 of them will form the
extreme lef: wing of the army of operation,
which, advancing from every point at the same time,
will surround the Hungarian army in a semicircle,
and will either beat or repel it. Bat unhappily it is
not known exactly how the Hungarian army is at
this moment disposed between Eperies and Barbfield.

Royal an of Scotland W. per cent. 100 0 0 100 0 0 117
Union Bank of Scotland 81. per cent. 100 0 0 50 0 0 8?1,4
Western 8ank........ 81. per cent. 50 0 0 50 0 0 72N
Aberdeen Fire and Life 71‘1.pr cent. 12 10 0 2 0 6 2
B. Accord. Llleaud Fire - 20 0 0 0 10 0 -
British Guarantee Ins. 41. per cent. 10 0 0 1 0 0 110 s Od
Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 i 21
Church of England Ins. - 50 0 0 2 0 0 1 2
City of Glasgow Life.. 61. per cent. 25 0 0 2 0 0 ,21. 1 Is
Edinburgh Life Insur. 61. per cent. 100 0 0 12 10 0 1 1836
East of Scotland Life.. - 10 0 0 0 15 0 9i.od.
Eng. & Scot, Law Life 51. per cent. 50 0 0 2 17 6 -
Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 -
[noun Co. of Seetlnd•• Si. per cent. 100 0 0 10 0 0 i -
Life Assoc. of Scotland 5/. per cent. 10 0 0 1 0 0 i IL 63
Mercantile Life .. • . • • - 10 0 0 0 10 0 3s. 6d.
National Fire and Life 5/. per cent. 10 0 0 1 0 0 ,2 os. ed
North British Insur. •• 5}61 .pr cent. 200 0 0 20 0 0 I 2214
North & West of Scot. 61. per cent. cent. 20
0
0
0
101
00 1712._.6d
Scottish Life and iluar.
Scot. 3f a 9. and Gen. Life - 1 0 0 ots ol
6UI. pr cent. 20 0 0 1 0 0 11. is
5 0 9u
..........Si. per cent. 50 0 0
0 11 q.6d
U22l2eLL_____________-..___
SitcannttliashrDatrenLviiofin.ccee.
51. per cent. 10 0 0
MISCELLANEOUS.
Dividend Amount
per of Paid. Price.
Name of Company.
Annum. Share.
---- -
____.------------ X. s. d. 4. a. d.
Australian Agriculturl - 100 0 0 30 0 0 17
10 0 0 10
A.nglo-31exican Mint.. 11. 43. 2 10 0 --
-
Ditto, hail Shares..
0 31
GI. per cent. 100 0 0 ' 32
Canada ... • ..... • • • •
Uppr Canada Bonds 51. per cent. -
_ 70
9014
City Navigation .. .. - -
LO
Gen. Revers. & Invest. 5 p. c. & bs, 2/ 100
Equitable Reversionry 51. pr cent. 100 0 0 100 0 0 100
0
14 0 0 22
00 0 0 1
100 70 0 0 0 0 .
Comp.CpprMnrs Eng. Si. per cent. 10090
Gen. Steam Navigation 11. BS. 15 0 0 1
78 15 0 -
London Institution . • • - -
26 5 0 3
Russell Institution •... - _
50 0 0 ea 0
Peninslr& Orient.Stm. Si. per cent. 50 0
Reversionary Int. Soc. 4V,1. pr cent. 100 0 0 100 0 0
Royal Mail Steam.... Cl 18..4. p. c. 100 0 0 160 o 0 5N
South Australian ... . • 11. per share. 25 0 0 r 25 0 0 16
Van Dlenaluep Land.. -. 100 0 0 i 23 0 0 13{

SICILY.
The news of the surrender of Palermo is con-
firmed by accounts which have been received in
Paris.

STATE OF TRADE.
(From the Manchester Guardian.)
MANCHESTER, TUESDAY.—The blockade of the Ger-
man ports, with the expected removal of which we have
been so often mocked, still exists as a bar to the demand
for yarn in this market; and the recent accounts from
Germany, although in some respects rather more favour-
able than previous ones to the restoration of order, are
yet far from being of a character to reassure the minds
of merchants. There is, therefore, no improvement to
notice in this department of our market; at the same time,
however, no retrograde tendency is observable, except
in 40's and 60's mule, which are hardly firm. In water
twist, especially of the lower counts, a limited business
is doing at last week's rates. Yarns for home manufac-
ture are without change. As regards goods, the dif-
ference betwixt light and heavy fabrics still characterises
the market in much the same degree as before—the
heavier the cloth the more depressed it is. The slight
increase in the purchases of domestics during the past