The Sun.
London, England, 1841-05-27 00:00:00

EVENI_Nrci EDITION.

- -- - -
to them was extremely -satisfactory ; but their profits
after all, were ,not eqUal to what they were in the pre-
ceding year, bebause, if he recollected aright, they had
last year added upwards of 10,000/. to the rest.
The Govxaxoa would remind the lion. Propeetoa
that the dividend for the year 1839 was only five per
cent., and consequently they had been enabled to add a
larger sum last year to the reserved fund. The increase
of the dividend amounted to 3,5001., and if that sum,
were added to 6,7441., the undivided profits of the year
it would be found that their profits were fully equal to
those of the previous year.—(Hear.)
The PROPRIETOR had understood that last year the
whole of the preliminary expenses had been paid off, and '
it should also be remembered a large sum had been set
aside to meet the losses they had sustained at Cork.
The GOVERNOR said the fact was, they had suffered
considerably by the failure of the Agricultural Bank, in
consequevee of being compelled to restrict their btii.- '
ness in particular localities, and, as a measure .Of pre-
caution, they had been obliged to keep on hand a very . .
large amount of gold for some months. Last y..;:ar, cots..
sequently, was not so profitable as it otherwise -would
have been.. The net profits of the year 1833 were
22,797/., and the dividend amounted to 17,500/., rearing .
to be added to the reserved fund a sum of 5,2971. In I, .
1839 the net profits were 27,3361., and kn the year e,ntl-
~I.
ing December, 1840, they 've6re 27,7451. so that...in
point of fact their profits were 4001. more than the-pre- '
vious year.—(Hear, hear.) In 1839 they had added
9,8361. to the rest, but the dividend in that year was
only 17,500/.2 whereas last year it was 21,0001., while
they had added 6,7441 to the rest.—(Hear, hear.)
The question that the Report be adopted, printed, and.
circulated among the Proprietors, was then put and car-
ried unanimonsly.-
The GOVERNOR said the next business he had to bring
under their consideration. was the re-election of the four
Directors who went out by rotation, namely, Col. the
Hon. Leicester Stanhope, John Rawson, Esq., Christo-
pher Fitz-Simon, Esq., and John Joseph Keene, Esq.
The motion was then put and unanimously agreed to;
The GOVERNOR said the next business was to confirm
the election of the five gentlemen who had been appoin-
ted as Directors.
A PROPRIETOR said, before the question was pat, he,
wished to make one observation. He hoped that cam
was taken to select for these vacancies gentlemen
of experience in commercial matters. When he • saw

then dividing 6.per cent., and putting by a large sunr an-
nually to the reserved fund, while their shares were at a
discount in the market ; he could not help saying that
there appeared t-) be a want of confidence in the public:
generally as regarded the concern. Banks which bad
only been established about the same time, for
instance, the London Joint Stock Bank were at a pre-
mium; although They were. only paying 5 per cent. He
certainly did not know any Bank the shares of which
were so low While its financial affairs were in so prospe-
rous a state, andle hoped therefore that great care would
be taken-as to-the parties who were to be introduced into
the Direction. - He could assure the meeting that he did
not make these remarks with a view to disparage any or
the gentlemenin the Direction, but was merely actuated
by a wish to promote the interests of the concern.
The GOVERNOR said the observations that had just
been made were very important and deserving of the
highest consideration and attention. Their anxiety had
always been to add to. their number gentlemen of com-
mercial and business habits. With regard to the shales
of the. Company being so low in the market, it should be
borne in mind that in London there was not the s: one
confidence in an Irish speculation as there was in an
English one.—(A- Proprietor said the Provincial Bank 2)
As to .the Provincial Bank he would take the liberty , )t
saying that the shares of that Bank had been at a much .!
greater discount than theirs were at present. Since then,.
however, the confidence of the public had increased, 'and
the shares of that Bank had risen to a premium..;—(llear,.
hear.) But the Provincial was certainly at a much lor,-,irr-
price than their own at one period. He believed. ii to
be an exceedingly well-managed ' concern, and one
which was calculated to be productive of great utility
to the shareholders and the public. There was no
kind of unworthy rivalry between the Provincial Bank
and themselves—the more Iprosperous it was the
,mor
the National Bank would be benefited, and with regard
to the suggestions that had just been made, he was- pure
it would be the duty of the Board to adopt and carry
them out to their fullest extent. It might be that
rumour had got abroad that there was not perfect üba-
nirnity among the Directors—if such was the ease 'he
was happy to have that opportunity of stating, that
there never was a 'body of gentlemen who acted in such
perfect unanimity with each other.—(Hear, hear.) He
did nut believe tyre was a possibility of any circum-
stance arising to disturb that harmony,*and he could
assure the meeting that they had. but one object in
view—namely, to advance the interests of those with_
whose property they were entrusted.—(Cheers.)
The question fur the confirmation of the appointment
of the five Directors, viz., Edmund Francis Green, Esq.,
Samuel Philip Rickman, Esq., James Reade, Esq., John
Harman, Esq., and Adolphus Pugh Johnson, Esq., was
then put to the meeting seriatim, and unanimously
agreed to. .
The GOVERNOR then intimated that all the business..
had been gone through.
JANES LOWE 'WHEELER, Esq., said it would be highly
_

improper in them to separate without expressing their
obligations to the Board of Directors for the manner in.
which the business of the Company had been conducted,
He should ‘herefore move that the best thanks of the
meeting be given to the Governor and the Board of Di-
rectors, for their zeal and ability in the management of
the atlitirs of the Company.---(Cheers.)

The motion having been seconded by another PRO-
PRIETOR, was carried with acclamation.

The GOVERNC it said the Director and hiniself were
very sensible of the mark of their kindness and confi-
dence that had just been given, and he trusted. they
would deserve a cor',.;nuance of it by a zealous attention
to the interests of the concern.

The meeting then separated ; all tho Proprietors ap-
pearing to be highly satisfied with the proceedings ot
the day.

DUTCH AND GERMAN PAPERS.
THE HAGUE, Mn 21.—The French frigate Bella
Poule, commanded by his Royal Highness Prince Join-
ville, accompanied by the Ward brig, arrived in the.
Helder on the 21st of this month. On his arrival Iris
Royal Highness was saluted by the men-of-war in the.
roads—the Belle Poule, as usual, returned the salute..

His Excellency Baron de Bois Le Comte, . the French
Minister at our Court, and the Consul-General of Franca
at Amsterdam, received the Prince on his landing.
We find in the Harulelsblad that his Royal Highness,
accompanied by the Governor of North Holland_, arrived
yesterday morning early at Haerlem, and, having visited
the gallery of pictures in the Pavilion, set out at eight
o'clock for Amsterdam, where he arrived an hour after-
wards. -A letter from Maastricht of the 19th of this
month, says, " The MeMbers of the Commission for
determining the frontiers between Holland and Belgium
have been again assembled here kr some days past,
to continue and conclude their operations. We are as-
sured that the boundary line between Luxemburg and
Limburg is entirely settled, and that there remains to
determine that between Flanders and Zealand, on which
point the negotiations appear to be very far arrvanced..
On the 22d of this month the Xing gave an audience SO
Monsignor Cappacini, Ambassador • Extraordinaiy from
the See of Rome, who had the honour of deliVermg lid.
credentials.
In the sitting of the second Chamber of the States.
General, on Saturday, the 22d, a Royal message was re-.
eeived, accompanying the new draft of the project of
law, relative to expropriation for the public benefit. •
ST. PETERSUMIGH, May 13.—The Mosecire Gazette
gives an account of an affecting scene which•thek place
by the clergy, and many other persons
on the 28th of last month. The Governor, ficie'oanaiptannnioccln
debt, who were there assembled,
to
all free, his,
to the common apartment of the peorplsrinnseneiebnefirnendf
4f osr,
..distin.gi:ish
and announced to them that theyhtlyfierte_to.
tAhleajehsatpypythedaEymnpfehriosrsehna,lsiningatmhoaugge,
by
di.s.....h.argin all.
tAinin,;::as.ha'javde°l'l; lber'sholfptshehad
All of them, deeply affected by
to Imperial
celebratef alntihl Is.
their debts, which amounted tothis et
o ,foa n
imploreer: i Nwc.
etrhnetr oi umbme...les
diately to the chapel of the prison
o_
thelm
, bless-
ingsand o f Heaven
immediately
homes.
happy day at their own _
Prince Butera, the Sic ili
art
PETERSBURGH, MAY 14.
hinunelpewninek, the Netherlands!
Ambassador, Baron Se
Marquis of Cl ' annearde the British;
tlftthileernnirnerindsberret,t,ilf-ned
Ambassador, and the
who are going to leave their posts for mane
edat ror?sntadtht! 1W
-311 t
lcrriv
their final audiences of the Emperor intt
Imperial family.
the other mem • .
by the arrival of seven English ship%
of May fifty-one . .
from Pernan that the navigation was opened there
learn
in ballast. On the sth of May the number of arriva
was fifteen.
DUTCII FUNDS.—A
on the Ist of May
118T1111DAII, Mar 54
4ctual Debt, Si% Money
per Cent ...... •atei .fittis.
te
ditto, ditty 5 per cent.
Arnett Scndic,•l% percent .... ..... ..... p.% • ''9l
Ditto, ditto, 3% per cent. 7i k
74%
Commercial Company, 4)4 per cent lO5 1651 s
Ditto (MIS and 1b37) 5 per cent. ..... -
Loan 1837, 5 per cent.
Exchange on LondoN, One month .....
Two months
Dutch Papers, May 24.
• BELGIAN k U NDS—.3III/11811LII, MAY 25.
Actual Debt, 5% per Cent. ........... ...... 53%
Rothschild's Loan, 5 per Ccnt ..... 1035.
Loan of Thirty Millions, 4 per Cent.— ....... CS-
-2 per Cent. ..... .. 70%

Thirty.tovei

40) ••••••••••• ICC%
Loan of City, 11.12, 4 81%
Society of Cowrree, )00
/lank of liclinum, 5 par 73%
National Seciet y •
Exchange on Lyndon (short)
--Brussels Fapers, May 25.
AUS'Ir.IAN rums.—vianiss, May IS
ThreeF"eie
For r per Cents.
Cents. ....... ...... ... . 11(n
-•
,5;;,14
5hara...............».....«.............. 1617
Metallicucs
21
is:x.....enseihritugsiedum.osssrinenhieumA:se:;Fsoopni:grNt.hculkereisia.:et_y..m2l3.2o.a.n:::.:
.... .
IB6o4oii:laits.▪
Money.ils4
Prussian Enghsh Loan, IS3O, 4 pet cent. I 101
...grunion Ctate Gazate, Nay -

•
•