The Sun.
London, England, 1868-01-31 00:00:00

52, Fleet-streot. At home from 10 till 5.

THE NATIC
(Establish
Capital Subscribed, £2,500,
Rest or Undivided
DIREC

)NAL BANK
ied 1835.)
'OOO. Paid up, £1,500,000.
Profits, £513,889.
TORS.
Sir J. N. M'Kenna, M.P.
Hon. Albert H. Petre.
Albert Ricardo, Esq.
Rowand Ronald, Esq.
Samuel Saunders, Esq.
J. Bogle Smith, Esq.
Edmund Smithwick, Esq.
PhilipVanderbyl, Esq., M.P.

Joromiah Dunne, Esq.
Peter M'Evoy Gartlan, Esq.
B. H. Hartley, Esq.
F. B. Renshaw, Esq.
Sir Ralph Howard, Bart.
Harvey Lewis, Esq., M.P.
Admiral Sir Burton Mac-

Namara.
David Mahony, Esq.
REPORT of the Directors of the NATIONAL BANK
to the Proprietors at the THIRTY-THIRD ANNUAL
GENERAL' MEETING, held at the Bank, Old Broad-

street,. 28th January, 1868—
Sir J. N. 3I'KENNA, M.P., in the Chair.
Tho Directors of the National Bank have the pleasure
of presenting to the Proprietors the Thirty-third Annual
Report of the state of the Society, made up to the close of
1867.
In July last the Directors submitted to the Proprietors
their report for the half year ending the 30th June ; their
present statement incorporates the profit and loss account
for the two half years of 1867, agreeably with precedent
heretofore observed.
The dividends and extra dividends payable for the year
1867 have been declared at the same rates as those paid
for 1866.
The following accounts in the usual form exhibit the
state of the Company's affairs at the close of 1867 :

ASSETS and LIABILITIES.—The NATIONAL
BANK, 31st December.
On. ASSETS.
Gold and silvei coin at Branches £560,625 12 8
Cash on hand and at the Bank of England 630,522 010
Advances on securities at ca 11..... 751,273 9 10
Government funds, Exchequer bills, Ex-
chequer bonds, and debentures 333,126 3 7
Ditto advanced, parliamentary and other
deposits 12,505 0 0
Advances on securities at sundry dates,
and current accounts 2,342,240 18 5
Bills discounted . 3,612,319 3 9
Bankers' guarantees and securities held
against acceptances per contra 188,184 0 0
Bank premises in London, Dublin, and
Branches, freehold and leasehold 185,197 2 2

£8,615,99319 3

Dn. • ' LIABILITIES.
Notes in circulation
Due by the Bank on deposits and current
accounts
Acceptances to bankers' drafts and on
security 188,184 0 0
Capital paid up £1,500,000 0 0
Best or undivided profits
543,889 13 9
at this date
----- 2,043,889 13 9

£8,615,993 19 3

PROFIT and LOSS ACCOUNT of the NATIONAL
BANK, for the year ending 31st December, 1867.
1867.
Jan. Half-year's dividend
at 8 per cent. per
annum £60,000 0 0
With extra dividend,
16s. per share 40,000 0 0
-4-- £lOO,OOO 0 0

July. Half-year's divi-
dend at 8 por
• cent. per an-
num 60,000 0 0
With extra divi-
dend, 16s. per
share 40,000 0 0
100,000 0 0

Dec.3l. To balance, being the amount of
rest at this date

X 743,889 13 9

Rest or undivided profits at December,
1866
Net profit for the half-
year to 30th June last £101,338 10 5
Net profit for the half-
year to 31st Decem-
ber, 1867, after writ-
ing off all bad, and pro-
viding for all doubtful
debts... £93,045 0 5
Less rebate
of inte-
rest on
bills not
due 10,748 0 0
82,297 0 5

183,635 10 10

£743,889 13 9
Examined and found correct, ALBERT RICARDO.ROWAND RONALD.

Since these accounts were made up, a dividend at the
rate of 8 per cent. per annum on the paid-up capital of the
Bank, and an extra dividend of 16s. per share, together £2
a share, have been declared on the 50,000 shares which
constitute the Company's capital ; and the same are
now payable at the head offices and branches of the Com-
pany. The dividend and extra dividend now payable for
the half-year ending 31st December, 1867, amount together
to £lOO,OOO. •
The Directors desire to state that the decrease in the
profits of the half-year is solely due to the low rates which
have prevailed for money, particularly on discounts and
advances on securities in the City of London.
The deposits and creditor balances of customers have
increased in the year by £115,463, and the circulation is
also slightly in excess of the amount at the close of 1866,
showing that, notwithstanding the general stagnation of
business, there is actual progress to record in some of the
most important departments of the business of the Bank.
As " the Best," which is available to a reasonable ex-
tent to equalize dividends, has been considerably aug-
mented on the average of the last four years, the Direc-
tors, in view of the exceptionally low rates of interest
which have prevailed for the past half-year, do not con-
sider it advisable to vary the ordinary dividend and extra
dividend.

The Directors who retire by rotation this year are James
Bogle Smith, Esq., Frazer Bradshaw Renshaw, Esq., and
Sir Joseph Neale M'Kenna, M.P., who, being eligible,
offer themselves for re-election. Admiral Sir Burton
MacNamara, who has been appointed to a seat vacated
since last meeting, also retires by rotation, and being
eligible offers himself for re-election.
Since the last Annual General Meeting three vacancies
have occurred by the retirement of their respected col-
leagues, James Allan, Esq., John O'Meara, Esq., and
Thomas William Bough, Esq., to whose vacant seats the
Directors have nominated respectively - Peter McEvoy
Gartlan, Esq., the Honourable Albert Henry Petre, and
Admiral Sir Burton MacNamara. The appointments of the
two former gentlemen, Mr. Gartland and the Honourable
Albert H. Petre, who do not retire by rotation, require
confirmation by the shareholders.
Since the close of the year the Directors have determined
on opening at Notting-hill tifeir Sixth Metropolitan
Branch, at the request of some of the most influential in-
habitants of the district.
Approved by the Court,
ALBERT a PETRE, Chairman.
lan, 24,13 w,

HOMELESS BOYS OF LONDON.-FUNDS
are earnestly solicited for the purchase of food and
Clothing for the
126 boys on board the Chichester Training Ship.
150 boys in the Refuge, 9, Great Queen-street.
94 girls in the Refuges, 19, Broad-street, anti Ealing.
_ _

170 children. •
£l5 will keep a boy or girl for one year.
•
Contributions received by the London and Westminster Bank,
High Holborn, and 41, Lothbnry, KC. and by
214, WILLIAM WILLIAMS' Secretary.
No. 8, Great Queen-street, Lincoln's-inn-fields.

Ham-common,
h Surrey. Enlarged 1861
NAR'rilcOmNonAdL, ORPgANFounded H0ME,1849.
Under the patronage of H.R.H. the Duke of CAMBRIDGE, K.G.,
whereby a home has been afforded for 280 Destitute Orphan
Girls of all ages, classes, and denominations, from all parts of
the kingdom. •
The object of the Charity is to give orphan girls a plain Eng-
lish education, and practical instruction in the kitchen, house,
and laundry, to St them for domestic service; and, if not other-
wise provided for when they attain 15 years of age, to obtain
suitable situations for them.
The Committee earnestly appeal for support. The Charity is
entirely sustained by donations and subscriptions.
HENRY KINGSCOTE, Treasurer.
W. H. WARWICK, Secretary.
Office, 121, Pall-mall, S.W.

FRIENDLESS AND FALLEN.-LONDON
FEMALE PREVENTIVE and REFORMATORY /N-
-STMJTION.

President—Rev. CANON DALE.
CONTRIBUTIONS for the support of the Homes in MS are ear-
nestly solicited, which may be sent to bankers, Messrs. Bosan-
quet, Salt, and Co., 73, Lombard-street, E.C.: Francis Nicholls,
Esq. (of the Committee), 14, Old Jewry Chambers, E.C.
E. W. THOMAS, See., 200, Euston-road, N.W.

THE RESCUE SOCIETY'S HOMES
are as follows:—
For Fallen Women.
28, Chureh-row, Hamp- 150, New Kent-road.
stead. 48, Church-street, Stoke
13, Camden-street, Camden- Newington.
town. Maize-ha Cottage, Green-
-205, Great Portland-street. wish.
For Young Girls in Danger.
27, Church-row, Hampstead.
9, Henstridge-villas St. John's-wood.
St. Mary's Lodge, Buckhurst-hill.
Country Home—St. James's- street, Dover. •
Temporary Home-85, Q,llCell-:ireCt, Cheapside,
The home at Great Portland-street is for young fallen
girls from 10 to 16. The committee are deeply anxious to
open another house for this pitiable class.
The Society admitted to its homes last year 687 young
women and girls. ,It was compelled to refuse 524 appli-
cants, whose histories are recorded in the applicant's book.
In addition to the above-named homes, the Committee
have under their charge three homes for servants of good
character, in which are admitted about 1,000 friendless
servants annually.
The Society's Report (of which a contributor writes, "I
never read a report of any charitable institution which so
entirely commended itself to my mind and awoke my
sympathy") may be had on application.
The Society is under the presidency of the Earl of
Shaftesbury. Its bankers aro Messrs. Barclay and Co.
Tho Committee very earnestly commend its work to the
benevolent. DANL. COOPER, Sec.
85, Queen-atrettli Ghoileido'