The Sun.
London, England, 1848-02-08 00:00:00

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SUN OFFICE, Seven o, Clock.

THE COMMERCIAL BANK OF
LONDON.—(TFIIS DAY.
A special meeting of the proprietors was held to-
day, at one o'clock, at the offices of the bank, Loth-
bury—John Taylor, the Deputy-Governor, in the
chair—for the purpose of electing three directors in
the room of those who had resigned.
A dividend at the rate of 6 per cent. per annum for
the half-year having been declared,
Mr. BARNWELL proposed and Mr. OAENFORD
seconded the election of Mr. Charles Dickson
Archibald in the room of Mr. John Shewell.
Mr. HopioNsoN proposed Mr. Henry Cooper in
the room of Mr. Henry Cornfort.
Mr. RENNIE, jun., proposed, and Mr. CLAY, M.P.,
seconded, the election of John Alfred Chowne in the
room of the former.
The gentlemen proposed having been elected, and
having severally returned thanks for the honour con-
ferred upon them,
The CHAIRMAN briefly addressed the proprietors.
He said he had great pleasure in stating that
the progress of the bank had been very satis-
factory since the directors had the pleasure of
meeting the proprietors at the last annual meeting
in July. The times they had passed through since
then had been very difficult to encounter, and most
portentous in their character. lie supposed that at
no period within their recollection had such remark-
able changes taken place in the value of securities,
and, in fact, of every kind of property, as during the
last four or five months of the past year.
During that year they had Consols at 94,
and also at 79 ; they had also Exchequer-bills at 152
premium and 37 discount. All the great articles of
general use and consumption, such as sugar, cotton,
and indigo, had, he believed, declined in value 25,
and some as much as 40 per cent. Under these cir-
cumstances, of course, the directors were obliged to
exercise peculiar caution in their transactions, and he
was happy to say that at no period—not even
during October or November—did the balances
diminish to a greater extent than about ten per cent.
from the highest amount at which they were during
any period of the last year.—(Cheers.) He had,
therefore, unfeigned pleasure in stating that during
the last half-year the gross profits of the bank were as
large as they had been in the same period in 1846,
for although their balances were somewhat less, yet
the higher rate of interest which they had
found it necessary to charge had made up
the difference.—(Cheers.) Ile could not but
expect that they had had some losses during such a
period as the one they had passed through ; but he
was happy to inform them that these losses were of no
importance, considering the amount of business now
transacted by the bank. The bad debts had been
much less than might have been expected, considering
the commercial embarrassment that had provailed.
In one respect they had been peculiarly fortu-
nate; as, seeing in some measure, the corning
pressure, though he did not pretend to say
that they foresaw its extreme intensity, they,
in September, soli a considerable portion of
their Exchequer-bills and other stock in order
that they might be prepared to meet any demand
that might be made upon them, for the directors
were most desirous to give all the accommodation
and assistance to their friends which they were en-
titled to receive at their hands. They had since re-
bought a large number at a price considerably
below that at which they had sold them,
so that instead of sustaining a loss, they
had been enabled by the transaction to add something
to the profit and loss account. Since, the beginning
of the year the 'progress of the bank had continued
equally satisfactory, for, during the month of January,
they had opened 50 new accounts.—(Cheers.) He
trusted that these short statements would prove satis-
factory to the proprietors, and that they would not
consider that his recital of them had unnecessarily
occupied their time.—(Cheers.)
A vote of thanks having been awarded to the Chair-
man and directors, and suitably acknowledged, the
meeting separated.

MORTALITY in the METROPOLIS.

NIT3LBER OF DEATHS FROM ALL CAUSES REGISTERED IN

.THE WEEK ENDING SATURDAY, FEB. 5, 1848.
Epidemic, Endemic, and Contagious Diseases ... 364
Diseases of Uncertain Seat ... 45
Turbercular Diseases... ... 219
Diseases of the Brain, Nerves, and Senses... ... 156
Diseases of the Heart and Blood-vessels 50
Diseases of the Lungs, and other Organs of

... 362
Diseases of the Stomach, Liver, and other Organs
Mn

of Digestion... ...
Diseases of the Kidneys, &c. ••• •••
Childbirth, Diseases of the Uterus, &c.
Diseases of the Joints, Boues, and Muscles
Diseases of the Skin, &c. •..
Dlalformations... ..• ••• •••
Premature Birth
Atrophy ••• ••• ••• ••• •••
Old Age
Sudden ... ••• •••
Violence, Privation, Cold, or Intemperance
Causes not specified ...

DEATIIS FROM ALL CAUSES ...

Population
Enumerated,
1841.
West Districts... 300,711
North Districts.. 375,971
Central Districts 373,653
East Districts ... 392,444
South Districts .. 501,190

.Averaio weekly Deaths
Deaths, 1843-7. In the
Five Winters. Week.
. 161 ... 192
. 209 ... 251
. 203 ... 286
. 235 ... 323
. 299 ... 426

Totals... ..... 1,948,425

-. 1,107

1,478
714
764

Male 3 • • •
Females ...