The Sun.
London, England, 1867-07-18 00:00:00

TUE SUN, LONDON, THU SDAY EVENING, JULY 18, 1867.

pELGIAN RECEPTION BALL.-
AGRICULTURAL, xALL, Isliugtou, THUitS-
DAY, -I.Bth day of July, 1867.

REGULATIONS FOR CARRIAGES.
ENTRANCES.
LIVERPOOL-ROAD.

SETTING DOWN.—Carriages with Company for this
Entrance are to join the rank at the Angel, Islington, and
set down with horses' lields towards Barnsbury.
WAITING AND TAKING UP.—Carriages after set-
ting down are to draw off immediately along the Liver-
pool-road, and if required to take up, are to form in a
single line on the West side of the Liverpool-road, north
of Elizabeth-terrace, with horses' heads towards the City-
road, and after taking up are to drive off in that direc-
tion.

WOIIN GOSNELL and CO.'S CHERRY
TOOllll PA.STiO is greatly superior to any tooth
DOwder ; gives the teeth a pearl whiteness. protects the
enamel from decay, and imparts a pleasant fragrance to
the breath. Price Is. 6d.—Eted Bull Wharf. v 3, Upper
Thames-street. London.

MANFIELD'S PATE NT PICKLES are per-
fectly pure and uncioured. To be had of all dealers
and wholesale of JOHN 131 J KUESS and SON, 107. Strand
(corner of Savoy-steps), London.

SAUCE.—LEA and PERRINS'
WORCESTERSHIRE SAUCE.
This delicioui condiment, totonounced by c ,nnolsseurs
"THE ONLY GOOD S
Is prepared solely by LEA and PERRINS.
The public are respectfuliy ca,,tioned a,_:ainst worthless
imitations, and should see that Lea and rerrins' names are
On wrapper, label, bustle, and stopper.
ASK for LEA and PERRINS' SAUCE.
Sold vholesale and for export by the Proprietors, Wot-
cester: Messrs. Crosse and Biackwell ; Messrs. Barclay and
Sons, London, Ac. Az.; and by lirocers and Oilmen uni-
versally.
BOYS' ATTIRE.

BOYS' & HYAM and CO.

BOYS' at 66 and 67, OXFORD-ST.

BOYS' NEW STYLE OVERCOATS.

BOYS' NEW STYLE REEFERS.

BOYS' KNICKERBOCKER SUITS.

BOYS' OSBORNE SUITS.

BOYS' HARROW SUITS.

BOYS' JACKETS for ALL P URPOSES.

BOYS' TROUSERS and VESTS.

BOYS' HOSIERY and SHIRTS.

BOYS' HATS, CAPS, &c., &c.

and other securities, and 1:2,718,.181 cash in hand
and at the Bank of England—total, £23,530,913.
The CHAIEMAN, in moving the adoption of the
report, said he hoped they would give him their
sympathy, as he had to follow in the steps of a gen-
tleman who had addressed them from the chair for
several years successfully, being fully conver-
sant with the affairs of the bank. Ile proposed
to take the ordinary business first, and afterwards
the special business. lie congratulated the pro-
prietors upon the completion of the new building,
owing to the exertions of the architect and builder,
and he hoped the public would find the building
convenient in every respect for the large business
they- had to transact. He was sorry they had not a
larger rooni'to meet in, but they had _made it as
large as they could, and he was glad to see it so
well filled by the proprietors. The low rate of in-
terest during the past half-year had had its effect
on their returns ; the average rate of interest was,
he believed, not more than 3 per cent. ; and, as they
held a large amount of public securities and had a
great deal of business, he trusted they would consider
that the directors' report was satisfactory. (Hear,
hear.) The dividend was about the same as that
of last year, and no doubt they were indebted to
their directors and managers for the sound position
of their affairs. The deposits showed an increase of
£BOO,OOO, as compared with the corresponding half
of last year, but as compared with the end of the
Christmas lialf-year there was a falling off of
£BOO,OOO. The deposits in the current half-year
had increased from the end of June to the present
time by £1,000,000, which he thought showed the
public confidence in the stability of their bank.
The reserve fund was now £500,000, after every-
thing had been written off. Some questions had
been asked as to the large amount expended on the
present building, which was all freehold, and now
stood in their books ato £36,000. They had
spent on it between £40,000 and £50,000, but it
would be a perfectly good asset for £76,000. They
gave £187,000 for the business of Messrs. Jones
Lloyd and Co., but that now stood in their books
at a cost of only £BO,OOO, and so he might go
on through the whole list ; the cost of their
branches was equally satisfactory, their branch build-
ings were nearly all freeholds, and stood in their
books at an equally moderate amount as the
parent establishment. A certain sum was written
off the cost of buildings each half year, and their
cost in the book was gradually reduced. There was
a time, many years ago, when he opposed the in-
crease of the reserve fund beyond a certain figure,
but things had greatly altered since that time; the
reserve fund now amounted to £500,000, and it was
proposed to increase it to £1,000,000.
Mr. ESDAILE seconded the motion for the adop-
tion of the report, and it was carried unanimously.

The CHAIRMAN said the next matter he had to
submit was with regard to the increase of the capital
and of the reserve fund. There was a feeling at the
board that as so much money was constantly in-
trusted to them by the public the capital of the
bank ought to be increased, so as to have the amount
more in proportion to the business transacted be-
tween them and the public. They really did not
want the money, but they felt that the time had
come for an increase of capital, and it had occupied
a great deal of thought and careful consideration at
the board. They came to the unanimous conclusion
that £1,000,000 ought to be added to the capital of
the bank, making £2,000,000 paid up, and at the
same time to add £OOO,OOO to the reserve fund,
making together, paid up capital and reserve fund,
£3,000,000. They believed that public opinion
would still be with them as to that step, and that
the value of the property would be increased. lie
would propose a resolution to that effect, and stated
that it would be necessary at the end of a fortnight
from this date to hold a meeting to confirm the re-
solution if they agreed to it. He then moved a for-
mal resolution authorising the directors to increase
the capital of the company by the issue of 50,000
new shares of £lOO each, to be allotted to the share-
holders on the register of the 31st July inst. in the
proportion of one new share for every share then
standing in the names of such shareholders, that
£3O per share be paid on the 14th of August next,
and authorising certain alterations in clauses 61 and
95 of the deed of settlement to give effect to the
resolution.

Mr. Alderman SALOSIONS, M.P., said he had
great pleasure in seconding the motion.
After a few observations by Mr. Moore, Mr.
Wheeler, and Mr. Johnstone, the resolution was
carried unanimously, amid cheers.

It was stated that the meeting to confirm the re-
solution would be held there on Friday fortnight.
Thanks were voted to Mr. Ewings, the general
manager, the managers, and other officers of the
bank, for their able and efficient services during the
past half-year. The proceedings concluded with a
vote of thanks to the chairman and directors.

tingent liabilities for calls now amounted to only
t 12,000. The shareholders in the old company
who had declined to tike shares in the n:_rx com-
pany had been settled with on equitable term 3.
The report was adopted, the dividend was de-
clared, and the proceedings concluded with a vote
of thanks to the chairman.

ELECTION INTELLIGENCE.

CAMBRIDGE UNIVERSITY.

CAMBRIDGE, WedlloSday.

The official declaration of a vacancy in the re-
presentation of this University took place here this
morning, when the Vice-Chancellor (the Rev. Dr.
Cartmell, Master of Christ's College) issued a notice
that there would be a Congregation at 12 o'clock,
when a day would be appointed for the election of
a burgess to represent the University in Parliament,
"in place of Mr. Charles Jasper Selwyn, who has
been appointed her Majesty's Solicitor-General."
The Congregation took place accordingly, the
Vice-Chancellor presiding. The attendance, how-
ever, was but small, in consequence of its being
vacation time, and therefore but few members of
the University in residence. The under-mentioned
comprised all who were present :—.The Vice-Chan-
cellor, the Rev. E. H. Perowne, Corpus Christi
College, Deputy Proctor; Mr. Bradshaw, King's
College, Deputy Registrary ; the Rev. Dr. Okes,
Provost of King's College ; the Rev. Dr. -Cookson,
Master of St. Peter's College ; Professor Lightfoot,
Trinity College;' Mr. Clay, Trinity College; and
Mr. Clark, of Queen's College; Mr. Godfray, of
Corpus College; and Mr. Besant, of St. John's,
and Esquire Bedells, were also in attendance.
The writ (understood to have been received here
yesterday) was read by the Deputy Proctor, and the
Vice-Chancellor having appointed Monday next at
ten o'clock for the election, the proceedings, which
were of a purely formal character (as, indeed, they
will be on Monday, there being no prospect of op-
position), terminated.

BIRMINGHAM.
The nomination is fixed for Monday next.

WEST GLOC ESTE RSIIIRE.

An influential meeting of Conservative electors
for West Glocestershire was held yesterday at Bris-
tol, at which it was announce.! that Col. Edward A.
Somerset, C. 8., son of the late Lord Edward Somer-
set, who represented the county of Glocester before
the passing of the Reform Bill of 1832, had accepted
au invitation to become a candidate for the seat for
West Glocestershire, rendered vacant by the eleva-
tion of Sir John Rolt to the dignity of Lord Justice.
The gallant colonel, who at one time sat in the House
of Commons as one of the representatives of the
county of Monmouth, is at present on duty at Dub-
lin, but will return to England at once, and his ad-
dress will in all probability be issued to-day. The
Liberal candidate, Mr. C. Berkeley, is pursuing
active canvass, and a smart contest may be expected
between the houses of Beaufort and Berkeley for the
vacant seat.