The Sun.
London, England, 1858-01-21 00:00:00

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LONDON JOINT-STOCK BANK.

PROGRESS OP THE RUSSIAN RAILWAYS.

MEETING THIS DAY.

The Russian railways are making favourable pro-
gress. The work of construction has been for some
time organised under the supreme control of M. Cul-
lignon, Inspector-General of Ponts and Chaussees.
A section of nearly 140 kilometres (17 miles), from
St. Petersburg to Longa, was opened in Dec., and
is in complete working order. A second section of
similar length, from Longa to Pskow, has been en-
tirely finished during the season, and will be open
to the public in the spring. In a short time, another
section of 50 kilometres Ka miles) now commenced,
will be completed ; solthat before the end of the
year the journey from St. Petersburg to Warsaw
and Berlin will be already shortened by 25 to 30
hours. At the same time, while hastening the con-
struction of this line as far as lioeuitn•berg—which
will be finished by the end of 1859 or the beginning
of 1860—the company are preparing plans for the
remaining sections ; the most important of which
will be commenced in 1858, and rapidly completed.
The result of the first undertaking is stated to be
decisive as regards facility of execution, plans,
labour, and materials. Surveys, more complete than
the earlier projects of the Russian engineers, have
led to advantageous alterations. Upon a single
section of the western line the company were able to
collect 15,000 to 18,000 workmen, but refused a
like number, and could easily have procured treble
the amount had they been required. Several native
and foreign contractors have offered their assistance,
and the engineers and agents of the company find
valuable and extensive co-operation among the
population and h cal authorities. The result of the
labours of the past season is highly favourable, both
as regards the progress of the works and the suffi-
ciency of the capital guaranteed.

The usual meeting of the proprietors of the London
Joint-stock Bank was held to-day—the cbair was
occupied by W. BIRD, El..

The usual routine business baying been transacted,
the secretary read the report, from which we extract the
following paragraphs, which shows the position of the
Bank up the 31st ult. :

" After providing for all losses and charges, there
remains a net profit of 83,566/. 95., which the Directors
have appropriated as follows, viz.:-37,5001. to a
divider d at the rate of 121 per cent. per aunum ; 30,000/.
to a bonus of 104. per share ; 16,066/. 9s. to the credit
of the guarantee fund. By the above addition and the
accruing interest, the Guarantee Fund is raised to
187,014/. 99. id., and the directors feel very confident
that this augmentation of their reserve will he satisfactory
to the shareholders, when viewed in connection with the
enlarged scale of the Bank's operations. The dividend
and bonus, free from income tax, will be payable on
and after Friday, the 29th instant."

A discussion ensued respecting the Guarantee Fund
but the report was adopted.
,
The following directors who retired in the order of
rotation, viz., Sir James Duke, Bart.
M.P., Ambrose
Moore, Esq., William Bird, Esq., and John Timothy
Oxley, Esq„ were unanimously re-elected. Donald
Larnach, E-q., was elected a director in the room of the
late A. Hastie, Esq.
The usual vote of thanks to the Chairman terminated
the proceedings.

BANK OF LONDON.

MEETING THIS DAY.

At the meeting of the Bank of London held to-day,
Sir J. V. Shelley, Bart., in the chair. The gross profit
of the half year was 26,727/. 145.. 103. A dividend at
the rate of 5 per cent. per annum was declared, leaving
802/.175. 21. to be carried to the profit and loss new
account. The Bank was now registered under the act.
A. short discussion took place, when the report was
adopted.

In order that the importance and utility of this
enterprise, embracing a group of 4,200 kilometres,
may be understood, it will be sufficient to state the
direction of the lines, indicding each by a few
words.

POLICE INTELLIGENcE.—(This Day.)

THAMES.
STEALING GREEN TEA. —J6bn ilthen, aged 28, of
No. 2, Osborne-court, Brick-lane, Spitalfields, cigar
maker, and John Kent, aged 45, of No. 10, Fleur-street,
Stepney, fishmonger, were brought before Mr. Selfe,
charged with having in their possession, knowing it to
be stolen, 13 lbs. of green tea.
William Copping, a police-constable No. 379 K, said
he met the prisoners last night in Seaford-street,
Stepney. Cohen was carrying a basket at his back.
The prisons is got into a road when they saw him, and
were running away, when he stopped them. He found
in the basket which Cohen was carrying a parcel con-
taining 13 lbs. of green tea. Cohen said be met Kent
in Whitechapel, and he asked him to carry the tea, and
they were going to Bishopsgate to sell it to a man who
was waiting for them there to purchase it for 2s. 6d.
per lb.

1. St. Petersburg to Warsaw and the Prussian
Frontier.—A. communication between the capital
and Germany and the rest of Europe.
2. Moscow to Nijni Novogorod.—A junction of
the Volga and its irnmenNe navigation with Mos-
cow, St. Petersburg, and the Baltic ports.

3. Moscow to Theorlosia.—This line traverses for
about 700 kilometres (438 miles) a corn exporting
country, touches upon the coal pits of Donetz and
the salt-works which supply a large portion of the
empire, uniting by the shortest line St. Petersburg
and Moscow with the Black Sea.
4. Orel to Liebau.—Connects the centre and the
Terres-Noires* with a port on the Baltic open the
whole year, and destined to become the greatest
commercial artery of Russia.

Mr. Selfe—V,ry cheap for good green tea like this.
The prisoners could Rive no account of themselves,
and were remanded until Saturday.
STEALING LEAD.—Joseph Hayes, aged 28, no abode,
labourer, was charged with stealing 16 he. of lead pipe
from the backyard, No. 3, Wilson's Terrace, Bromley.
The prisoner was met with the lead in his possession by
police constable Pullin, 161 K. An owner was soon
discovered. The prisoner had removed the lead pipe
from the yard of a house and done considerable
sentenced
ise
months'The
imprisonment
prisoner pleaded
andguilty,hard
labour. and w
cmedthoie3f.

The financial position of the company is excellent;
the shares are in increased demand, for in foreign
markets ana in Russia the undertaking is received
with so much favour, and disposable capital is so
abundant, that nearly a fourth of ,he 600,000 shares
of the first issue have been paid up in full by tLe
subscribers, who have thus paid in advance 45 mil-
lions of francs.

The total capital is guaranteed 5 per cent, by the
Russian government under contract, so that what-
ever saving the company may effect in the works
will be equivalent to an additional guaranteed in-
terest. Should circumstances require it, the opera-
tions may be confined to a portion of the group
without any alteration being made in the terms of
the concession.

The net revenue of the entire capital has been
estimated by the engineers charged with the sur-
veys at 10 per cent., which, taking into account
that half of the capital is to be created in obliga-
tions, would return 12 to 13 per cent.
This estimate refers to the working of the first
few years.
The deed of concession gives the company every
desirable facility for development of the traffic. It
grants power to possess and work mines, factories
and forests, and the right to organise a transport
service on the rivers and the sea in correspondence
with the railroads. The latter privilege is of consi-
derable importance in a country of unlimited pro-
duction, called upon b supply the agricultural
wants of the whole of Europe, and which is divided
by soil and climate into distinct zones that can
alone exist by the exchange of their products.

* Steppes of Southern Russia, of a rich black soil.

Racing Fixtures for 1858.

FEBR
Lincoln lll
Nottingham Spring 16

TA RY.
Derby Spring lB

MA
Liverpool Spring 2
Ludlow Spring 4
Doncaster Spring 9
Think Spring ll
Warwick Spring l6

Beverley Spring l7
Kipling Coatee .lB
Northampton 23
Coventry
Croxton Park 2O
IL.

API
Richmond Spring 1
Newmarket Craven 5
Durham 5
Catterick Bridge
York Spring 13
M.
Chester
Bath ll
Harpenden l4

Malton l5
Epsom Spring l6
Newmarket F S l9
Plymouth Spring 27
Salisbury 9
AY.

Epsom lB
Manchester 26

JU.
Ascot 1
Hampton
Newton
Beverley Summer 16
Bibury Club l6
Stockbridge l7

Winchester lB
Chelmsford 22
Newcastle-on-Tyne 22
Abingdon 24
Carlisle 29
Shrewsbury 29
.Y.
Liverpool l4
Nottingham 26
Good wood 27

JU]
Ipswich 1
Pontefract
Newmarket July 6
Worcester Summer 8
AUG
Ripon...
North Staffordshire 3
Brighton
Brighton Club
Lewes
Wolverhampton ..... , 9
Reading ll

UST.
York 18
Radcliffe 23
Egbam 24
Hereford 26
Stockton 26
Lichfield 3O

SEPTI
Derby
Cardiff
Warwick
Doncaster 14
Leicester 22

MBER.
Monmouth 23
Manchester Autumn 24
Newmarket F 0 28
Walsall 29
Northallerton 3O
/BER.

Cheater Autumn 5
Richmond 7
Wrexham 7

Newmarket S 0 ll
Warwick Autumn l9
Newmarket H 25
IBER.

NOV E
Worcester Autumn 2
Liverpool Autumn

Shrewsbury Autumn ...16

Irish Racing Fixtures for 1858.

MARCH.
Howth and Baldoyle Spring ...17
APRIL.

Curragh
MAY

Howth and Baldoyle Summer 18
JUNE.

Curragh 22 I Tramore 29
JULY. _ __

Belle wstown 7 Wicklow
I
Down Royal Corp 2O

AUGUST.
Heath of Maryboro'. 3 I Galway...
Roscommon 10

SEPTEMBER.

7 I Jenkinstown Park 2l
4 Johnstown 2B
OCTOBER,
CAshel
I
Curragh 12 Limerick 26

Curragh
Kilke•

The following ships in the fitting basin at Sheer-
ness and in dry docks are being fitted with all pos-
sible despatch—viz., the Royal George, 102 guns,
screw steamship ; the Meanee, 80 guns, new screw
steamship ; the Terrible, 21 guns, paddlewheel
steam-frigate ; the Cressy, 80 guns, screw steam-
ship ; the Scout, 21 guns, screw steam corvette ;
and the Hydra, 6 -guns, paddlewheel steam sloop.
The gunboats Herne and Sandfly, under repairs and
refitting in dry docks at Sheerness, are also being
got ready for actual service.
Moorings were yesterday laid down at Gravesend
for the reception of the Royal yacht, at which port
the Royal couple are to embark, after their mar-
riage, for Prussia. A special meeting of the cor-
poration of Gravesend assembled in the Town-bhp.
Town-hall on Monday, when M. r. Troughton, the
Mayor gave an account of an interview with Col.
Phipps at Windsor, relative to the mode in Which
it was the intention of their townsfolks to testify
their loyalty to their Sovereign by the reception
y
they had resolved on giving to the Princess
and her husband en their embarkation Royal
pier, from their