The Times from London, Greater London, England • Page 4

THE TIMES.v JANUARY 19, 1897. 13 M3Trf ffBfCRimONS (a a0! KXal CLOSE TOMORROW fWIDXESDATl the SOU iasUat, fa lOW.NYenlttefOlew.agdar t.rCOUXTRY. ANNAN'S GOLD ESTATES, LIMITED, WE3TEU2T AUSTRALIA. IXCXjUrORATEI) L'XDKR Tlin COM TAXI ACT. 1MJ te 131 jj, jrjtjrt Tr liaeneist Cemtwny.

IJiuitI: Tbe I.ot Vi eo4 ContloeaUl Javretaeot Corporation, vjatei aa'1 Tt Aa.rU a Ura.vd, in tte nbacrli'rioea tor It Capital at tbe BBdermeaUoBed Iwh. CAPITAL (... 7.10,000, Siam it 'sea. "Mck 109.33 5R, the nominal value ef C2XJBX are reeerved for vrorkiBf capital. mow shakes' Aiic sow orrniEO roa et'itacnirTiox, at ri.s, ratable W' ts.cn th li Match, 1W7.

end the balaeea 'n Calls do exoatdlst Sa. eberel lactate of nrtfcm tbas twomcatiia. Iwritu to ivrr I itto vt to itio rI thi oron payaeot ot the anal iuma ami ftret may 04 141 top at eoyUoe. I IUUECTORS. I nrnnvn v.r.r.

nrxMorn.rn.tj. ft.cr Vc( in' W'CM ax 1 of ewee. iier i lV "a0.u m' (' rt SC. Creat Camberlattd l4A. Chalrmaa.

urn, Ive Cl airman. aaaies, W.A.1. Mining CcatMoy. XJaSltedL 11 Greet Compeay of Wester Ana (6.r rfca iiK riella. limit iil Atbley B.W.

5Y mI CROCaEK. 4. r.Ji.u.K. (luiertvvrof the Aol Liberation Oonip I 4fJPVT WHTfPV IVlTTIiltl Meetre. rORUXwAT.

KMANVi.l, eod tlv W.tcn Aastralla. tjooal "crtXsrx.Tixn vntxEKR axd general maxaotr. TH0XI0N. M.A.I.M.E. (rtraMrtl Its lUite Siloing Kcgtaeen), Wasters Australia, HAXtCEKsV jgi SATIOSAL rEoyiXCIAL, SAXE or lUNOl.O' UttUed.

US. EULopHUttrr. Uodoa. E.O. and jalO'XCX EAXr Or AUSTRALIA, UibU'4.

ir. CrnhUi. London. 1CC4 and Kaltoorila. Vnim Anitralla.

Hen. rrCIIAX aod Thrcfmorton IIsHne. 15. aad Stock ExsbMg. Vomica.

X5.0. por.icxfoRH. iinut. AIIVRST. MORRIS.

CR1SI', ol.Co, IT. Tbre(aorta aaBaa, EC. I 1 1 ArniTor.A. Xnvi. MOXKIIOUSr, TOXEllAM.

and a and 3. Stj BalUilnVUna. 10L 8E( T.irTAUV AXI) lFFICEi A. MOtlIXY riacrCJIER. li.

old Jewry. London. EC. PROSPECTUS. aftrut ipfcer rrfmt.

"fd iwloj. tt fotlovlnc Odd Mtnlna Umh, rorerritlnf LC abei.l JJ4crrt, auiaiM Id lL vnli C'oclirL On! 1. affl A to bof.t OnldSald. sta k. im r.

saw i aorta known at EmnUtlon. 12 Kmaiatlon V. 1 uaUUon Kouti Eltfaitd." All Alm I tun I Tamw.rth. South. I i Towotn South.

1 ChffU 1 i j. wj it and a.sjnin fiea o.hr. abont aiLra wrt oult WMt aad approxtmiUlf parallal Uh EoaUrr OolJ Miuinf Cranui irw, tri.r.. aua oincri. Svr.

tipon men rn.cioc rirrt clou't rtwrj pnict onaiot y. Ha iLan's Oroja." aua li Iiiir'x03ni fit df jiai.t wi rk la Ixyu rarrted out lba lpaana. Fourtran 1 abattl In all Lava baaa nTts (nw 'i tn. ripotuac KTeru toiu inoi rtwi, irom rirn to iam laick. wtrs an irporti U.tkCr xnalol ia lU aad KOcosipavy Uut vrcacotaa.

jtT nrnlxwMt ff Iraivto "Mia. Hinnait't DUtrirt. i Ii Ttenxn. M.A.I.U.n.. ri tj ihr Hit AufUtt, 1E9S.

at nar Ti rvnrri TI mm, I on mil nith of Ichi. rrwcl and futnra profpccU Mrt cood. v. Kr3r tls tturate ior cf nusLHiua e( Ifathoa lode. Eeccnccnd thu." 1 jm Uuh.

Xo I S. "4 acr WB' i 71 113 aorta, knowm a Mcnnt Sjhla freap of Mloaa. ira r. I VL ii tS ul (our bUm rtli wtat of Kalfocrlia TownilU, Ilannaa DUOloC Urr? Xo. SJ.F.

tcra Iioalier aad Ika Tltw Minaa. Ilannan'a Dlitrii 14 a.Tri1 V73 am, known a Cohn'a Ltaiat," 24 I j. iiviiitSoliinii onCTicc to tlia rorthc 2 acrra. H3cn' IHitnct, tara leta rtporud urn bj Mr. Charka Crouland.

MA, nndtt data Kalfoerlla, Job. ICS bo xmtt as jt i'jeA 13d Jeer. I lnrpecttd Laaa at Iluinan'a, known aa Honnt Blrla, Ontridr Boulder." Mwust i.ri It focr nl'ei north wra: of KalrorU towtaita. and comrrlaea Iaara Xoa. 1699.

170 XTX Illi afd 'H. rach i ret. aiikinf a ti! of 129 aorta. On thU I rcfenj lhr sre en bafU tunk from 60 la 123 tuil lt in tiarar IrJle Iwrma inra tat oroMcn, and from aMart tb tiatrnc of gold ia irofpj. but tan pje r.nlln t.s rrat Tbe frrmatkni arv larcr.

and meat nmilng in aproarancw, which onabla at to iat tii: fuT Vr a rir in ilvpfr tink' nx ard crcaujia( it otrtain darirabit. aoU likely lo rttult in faluabia di erttnr. Tit ra4 acrvt tb i ct aurJocnt lode ouoln and tLoold pro a "Oarir; rsprulr. Lara 213 US2S2, each i attt. or a total of 123 acrra.

It on tba eatt ci ItccilFT La Vitw asdotirt wJ knewn thrrt mile d'a ant. Tbtra art Fit ihtfta on tbe property, asi iaict 4.loVi ia two cr. froa wsicb 1 oKained retul aof 6li 1wu. per tea. The tlnklog It in at country, abera vtT it net viifc 'ret ti.b tinkin; wittonl ton piag maeLlnerr.

The caaea are well tttuated on the nft of tot Ufcit sew, iu)i Mint, ana ipi im ci lue iw aepui atiainaa iann( ISO I Ifia't lima Crtt niirt tToth rti of tht rtii a ft: 1 eooti'der ibe well worth a oootiderable amvunt of txpenditiire ia titklnf and drlTinx. ai i ffjiaiao. it likflt iecbsa Very tlaU." Intra an'j ire weU pl vd. and the loitt eptead in two ahafta are toU trlnf. Thfaa Lrataa may ba ria IMa, x.

in lt3J 2 4 ts fto. iir Rb nlArr at lhe l.r ia air orlnlao the aam? IKMaiblliMea Of Drorrd ludat tntha north." Icrtleraiticft tyetbls wlrerd to ti dcTtlopacula on theae cliisu tare recently beta reoeirad of a yery tttla bcurr eUny ttr. 123 acre, known aa Lake View Booth Extended," aJVsltt tie abct "Of. and 5. ThaK elaliat are reported oron br Captain William Oata.

of lUactn't Orrja and FrookiBUTt Bonlder Gold Mintcc Cotspaniae. by Edaln MaOheaa, il.E and Huf Frater, JtJ of aal Fruer't tuUi Minr. toaJitrn Cro t. W. A.

Thefo'JewiEf a tmrnCapUin Milium C'au' lleport "The bririnz of the Lake View Reef (which haa ieaa prorfn 1 or ti ea mi et lfnrh fry rich ttrrurhout) dittincily Indicate! tbat the formation abieh hat been traced to irwconLeni jtn dr fU.rts Lratrt U1, toydoaU. be found in Leatebalilt 187S and illaJ. kicb gold haa beea fonslonthe louai'ary el lte 1JS1. freliwiniry work' tat lean loie, and prottd bigbly InCicaU'e ut the tbettvt Mtt ud ota fod braring fcrmttiou. Doily left made on the prrpeny hare yielded at the rec fot lcx.toroli to thetca, and MtrrU tbaftt that have tn tank point to the fact that only ufihtr dvtelop.

Bwat ttary tufzit eoireotly ta'ittaetery ieulu. Mr. Edw MaTtetiirrora "Tr.e mlllh ct Ibia fonsationii fully 7S fret, On Leate ISM three tbafU are in oonrta efbeirgipfsrdon which a line fermation hat lean oipoted. carrying good gold, dollying from 1 to 1 owa. a uim "ia ute ixatet are xropcr.y ij wut wuvus ue nuneti on uie vooigaraie uoid tell i 1 I do not teiltata to raecra ir.

Huh Frt'tr. rronict ia wry ixtitf ory trrinijon ttcaa ceseludei tbjprsieny. it eitg. u. ny ejinioa.

of hlgi 1VZ li toon j', tn et nmb 01 kaueorl Towrtite, ITannan a DitUIrt ttu. is re wn. ium Two ihtfta hare Seen tank on Leaee 12(9. Ttrtietl to a depth ef 63 faet. ax Kut 11 ia uatra ea und'rljifcg to the wen about 153fert watt of tbit another yerlcti tbarthtt been tunk a dep Ji 113 froa lo trie; throsgb a gold bearing onraUon.

timilar in all retptcU lo tlut ttn( worked ou Keefera wti fca 'jrincei turr ex e.kot reiiilu in tie flfcape rt high grade VTpT La ii Msnjger Mount Charlotte t.rOup." in hit Report ttt 1 The Reefert' Eureka Group Hiitaat'Xorth rrnny iuijlUhl, titoated aoath ty eaU of Leate 1372, hate large gold taring lodea (battery irtsrr.1 7 oitjier ton) trendg'tn a north wratarly dirertion; and therefore these lodea thoold foand oourtlag ii.vjwuwu .1. la ccncluiion I hate no haaitAilon in reuommtna.sg aa a crtlroieia tituateu. ccorarty. terra Uatet. mi i42.K aret known Early Mom Early Morn txtenaea Early Mora' South lti aeraa wt trnt trt Mt mm TT .1 1 B'e "WirJ ois by th well known Mining Expert, Mr.

Jamei Mi Craxs. M.H. Manager of a Qxi Ti ljrciysl, UIocS 42. Hampton Plains. mitsJ.

r.jimet Crate. il, ir hit report dated Aagntt 19th; lisi aiatet Tl property oompriaea atyen leaee. They artacac aMut tires nonh wf of Kalgoorl Towntit. and in a lira of the lcxiei and reelt that rua in that fcrrcto iron ta cor cetrfeJ f.l.t mnea cf the ditiricf. Tix the 'Great Lake and Iren liK15 Jrm.

oca ilsck A large amount of auund and otefal protieeueg work hti beea on Laaaet 1r I h. r'l 1 i 1 Tl. 1.1 i 7, fc utae on me aire rececw ge crrni on mi BiiiinrBt mi jviuva 91 IB, rnipnf ''w, are inch that I would recommend a yiroroua dtftlop ti ia oi rar ahie ore will be me: 41 acres, koewn aa "Mount McTarUh." 1 mim'i Cunpiny. 'V4 '1 ti( Eeprrt nate. lei loiiS Vi' toiil oo.lr.g.

Tie 8oottUh Weitralla," Limited W. X. tiki ia depth ratable ore i S. ia I4JSW1 otTDrrt i. xni.ri,., Tiur Lcaea, No.

12 acres) J3 i 3217' 12 th etat'eJ Xiarara Cooleardte OJ leiTC" ITatieCiitir I'jnnint IjmiUid and A.Umi M.K. lease u. 2217. An unaerliy matt ii reel oeep rat oeen sung on a reel ot which at first wat rather it at fe dipping mors tertieallKU tX Ihefootwallitrotered withan lronttone casing. An average sample taken all co itr aLd a.

ion pertosi ore5'' Ct tn a loi oa the haajlag wall gate, by merur and dith tear, 21 ors. IS dwU9 grs. of geld erT 'Xi mixed, an4 teat for assay, yielding a sscb tlgbag fierocntaga of fold thn the aboya testa, Itu pioter.y conlt rf 24 acres, known ai MeAnUffa." 2J Uouyardia," I 125 acraa. 12 Bro Ir 2i Camtiridge," I VZ E'4 J4 tufprd. Tkafclalms are iocattd in tbe lmmedlsU rtWhirT in the North Coolgaraia WAtiiA.

tMyfrii? 'w 4fil1' M'ts" i Macarr the tiurtsra Mine at YerUfa. reporU as ondtr Kl a J. "'24 Cr dis situstei tetween the armaan 1 Itai Muodl blocks, all iheae leing JccotlVi a W'orth Earth line ef ree(. Two distinct reefs jlltd are running through this Uock. which rV, eif 7i d' a )1 wit in to the Farita blrck.

A abaft baa bcrn tuak i3 feet lul dittant from th two IU tr.owt gold free.y. Uu l6 E. Caller" llerrin." No. 1 nbafi, has hoen sunk on the reef, I v03I M) d' a Tfci la 7 feet wide from turf ace to ihj hotlom leyei and nearly terilral. Tbe i' C1s7 and tbown auld f.eelt.

I hate Xk samilet from different lo In this shaft, and o', ro 12 per ten. Xo. 2 haft haa bran sunk oJ the reef to a depth of 90 fe t. At the klw 1 wfttward.and 4 feet frrm the saatttbe ri i.as iieeii arues Wcltucr quaru a loruiauon fcr a wfdtb or 0 leot; uilt la acoounw a lor cy mi takei lArajjea frt both forma ion and qaru thit leyel. and ahurned attayt from 40xs 3di Mt rt llerrir 'liueof reefit the tame as ibe Durham, and is the second black from thai At I hit letel the reef willth of feci; thit la acoountrd for by tbe country at this Ij.

ouman. lhis block ootlti ot that 17 a. i a am. h. i i cr iierriD.

lit tor an ub unut lJli.l ,....1 1. 1 a riwt. nr aa int i r1' 9f r' g'4d'tanng class. Una tttnrle Uksn.from eaob. giylng 4 ors.

and Eon. Vn vxfrLuJJt: pri''iralion the in i potitlnn of these Leatcx. tad the re.ulU buined In tha aad mr r' tl recommend tTe propertiet lor careful eontidsrttion by intending lnyeitors. lt lfi.T?1'," 'reported upoi. by Captain Z.

St M.E.. Maugar Yerill TMfJt Aatra untlell i ieldO Ijmited. and by Captain U. H. Fowler.

tie Ieacicx Mioet on lltnnan'a finldfiill thews their arrrase. the cretent market talus of their on tie uh Jaauary. aad tL eriaea tr acre as shown by their market valuation I Nominal i.u Value of WMtBe I 7 Autherired Capital. Stares. Basaan'a Urowahill Tirl fclTtl da Craa rta il.wari' I wi Miaes Uatoi.

I. irao ioai 1VS.0X3 70.CO0 27S.OM so ox 7JM.O10 1' 2 i lar Xo. of Acres. ,1 I i jrer Acre present Market vajuttion. 12 18 103 17 1S4 4) 24 (Qf which 174 1 re Xorth Coolgardie Gi 57.915 fi.944 13.M XiZS 4.010 27.033 say.

til ldaald.1 'of the sticte properties. thstlwitK rr of a Ll. of J2 aoret at rfinnin'il nivn the whole iSme eral 1 k. V.n.i 1 an a aidlFMn mr.ttl ha rf.tee?. 10 tt dete.rruenu to dt'e.

eese ril of Che proiortirt have teen brought into a potllion warraaling the s6i 3'1 aebinery. It aid the object of thit Corrptny to retell such I rcpertie. from time to time, to tiitrc 10 'ofiad for thit pur use. 1 rom svet reta.et and the working of suh lVases as mty becon U. aflj'i 'k Diree'ots look forward with confidence tb hend.oro rrtttt being realised fur the Shareholders.

aUri.T!.11' WUomh will be gittn ibe right efj priority of allotment in the suUcription to capital ot any j7 Can, any. i tna Meatrs. John Taylor and Rone, of Queen atreeiplece. London, Ci, hate agreed to act aa "it Com 11 t'd for the before rcertloned prorerti't bat loen fixed by tha Vendor, who ia the Promoter of W.of faich it is t'lpuUlt that at least 3t0.rx0 shall be payable in fully paid Shares, and the Tt i of I he Diree'ora. 'Ueo entered inw MlJ, 'J'1 tt rr, Jv.

an i nds between tte West Australian Venture Syndicate; Limited, at th aaa part 1 'l otbirpart. AltiM ThT a yj'n "'Ptf nilyfr. ItSS. aal made between Duncan Henry BralJwood of tha one part and John Cratble i.C'dlTl' of tbe one Aawr.9';Au,B'1,nrf tSwilL KtL t'tr. and made betaeea Myllus CoLtn Of a part sod Jobs Crattle AlUtn Ilcndar coef jArt.

JtSi i'1 1K6. and made between Alan Counsel (by Charles Wright, tig Attorney) cf the one ptrt A cAuJri "end ram of the other part tat lUh Jk tob ISA aad roa le tetwteu Frank Craig (by Charles Wright, his Attorney) at the one part A 0 rS, a 7C werton ot other part. Altiea Affi.Mi... Xi7. made Yerllla Claims, limited, ef tha one part and Joha Crosble Altian 4 tr other jart.

AttW Mb 'tT. and made between The ActtralatUa Gold Trust. Llmlted.of the oae part and John A4 leather rt. ij ilsT P. Ulh "M'ber.

If and read Utweerj The WttAusralisa Venture Syndicate, Limited, of tha ens "'rsoart the other tart. t' irile, iiL 'th Jaaiary. 1K7 and made Ittween Goorre Sdward KlbnrB (by Kennedy, tig Agent) ef the one t.taU "ottfr inc. lteei the John Crptbie Altken ITraderen of Itt one part and tht Cotapaoy raetitiooed Iropeti rato this Coiaoany at a prcfiu IakIJZII" l4 1 the Vender agree toYey all preliminary expeosea in eoaney ion with the formation 'e. i.rr than uan er duties It respect ot the foperties) up to and inoludiog the Cm general allotment ef Nrtj i oboee Castraets.

and arraateaetitt hate been or may be entered ino with third kith th, cIft foP'ttiae. tbe pronotlen rt the Comrany. and tbe inNierlptlcn tf itt CapltaL to none of tngai (if ..1 1 Ir7. and arpiicants tor haitt deemed to bate had notice thereof, and to ba waited their 1 1 aleelT Ir' iter ev whether order heotloi. rf 1 be Cempanlea Aof, 17.

or herwisa. feaUoaad ei I'loel eotut arebae npo reports (applied by the Vendor, and theee, together with the alma Atri.i Mtinorsndura aad Articles of Association of the Cempaay. can la aeen by intending tuk PPjata ZZll" the Company. i OB lot t.a.aa i i a a a i Tin. r.n lorvtruea ia ir, mdiiti, re abotiaent it made, the amoaiat depoeited on ap snares allotted lees tnaa was applied lor.

im tur between the West Australian Gold Fields, Limited, of th one port tlfc feraTi lx aceeirpanylng form. saaeVwii tJtf? 'mount paya.4. aiUjca icn. In eea wh r. wni V' bout deduct.n.

I tha namUr of 'TatrmtataTr OI tne inruMr paya'aets. "pttj auy beeuuintd tiom tte liaskers, CUciUrt, aad Broksrs. and at tha (Bees of "KhJaoBtry.iisi, THE MONEY MARKET. ItOXPAT BtXXIXO. There wai lurdlv nr domind for raone? day and loan rates were woak at the rorioru lorel.

Some bank still refusal to make abort ad ranees for leu than 21 per Lnt in most quarters 2 percent, was th rate for weekly loans balances were lent for tho night at Uto 2 percent. lr.e uiscount market was extremely quiet, very few bills coming forward the tendency was till dull, and fine paper was taken at shada below per cent, for all dates. The Paris and Berlin rates of cichango have morod slightly against London. Tho demand for bar gold was less keen to day and the price fcffto 77s. 10d.

Uank or Exclaxd rate 4 per cent, (changed from 3 per cent on Oct. 22, 18DC). Joint Stock Bank deposit rato 2J per cent. bill brokers depdiit rate 2J per cent, at call, 2J per cent, at notice. Loans.

I Day to Fur short strnction to 5, and Telephone Ito 7 bet Lmsh Electric Debenture fell 1 to Harrod'a Stows to 64. Maxim Nordenfelt 4 to Ql 1 a oj, nti oiraiu avereiopmcnt fi to f. transactions in Bank, Goto were reported at the enr uend rights; eenineied ttaiex the proUetiaa ef we iw. It is jattiee we strait, 4e. O.

BaJBERQ ajd Co. At the meeting of the proprietors of the Chignecto Marine Transport Kailway, held to tho fl l. If I aUUltUQ AlBlllUUlll in Jioor. irom uo um. wiui iXi.utu r.

i v. l.j thft fewSiith able hope that the Canadian Government would ft x'v vVe am.IW eventually deal with the company in tan equitable Lucania left hew York on Saturday with 75,000 mmner. A resolution tr rZl th The Silvsr Market was arain rerr'aiue't. and price of bars remainr at 'KUirl ruor nr. The Indian rates of exchance declined Id.

and and Yokohama four months' bills fell Ad. Biipee Paper closed lower at G2J, tho Indian quotations being rather firmer at Ka.90H in Bombay and Rs.lOOrV in Calcutta. Tho followine eichanres on London for the dates mentioned were receired by tolecraph, and previous quotations are added for comparison Zxebaage on London at dates. Dlaeonat.fBank nnisi IVitpo. rertods.

Short e. 3 mthf. SHpe. 4 DthS. it O.

6 roths. 2ft p.e. o. On tho Stock Exchange thefo on thn whole, a cheerful tone, and prices haro risen in most departments, but Argentino issues were all rathor easier, and in some cases show a decided fall. South African shares wero also dull, owing chiefly to.

tho almost entire absence of business in them. American Railroad issues wero in some demand and hare advanced. The leading inter natienal securities were at first firm, but garo i way later in the day. In the Markot for Homo Gorornment stocks Coxsols rose jV to 112J for money and 112J for the account, and the. lwo a llalf per Cents.

i to lOo. Indian Government issues were mi changed, but tho Railway stocks show a general recovery. Tho Home Railway Market Las been very firm, and prices in most instances oro hichcr. Consider ing.the South Eastern traffic was very satisfactory and that of the Brighton Company lair. rirst l'rcference lias risen 1 to 132, tho 5econd Preference to 75, and the Onlinary stock ji to 19 (after having changed hands at South Eastcrn Deforrod at 1081 tnd Great Eastern at 1133 aro oacli 1 hicher.

IJrirhton Deferred closer higher at 181 (after touching 181g). Lorir don and rurth cstcrn has advanced 1 to 2tMs, Hull and Barnslov to 4Cs, and Great Northern Deferred and Metropolitan District 4 each to 575 and 275 In the Scottish stocks Caledonian Deferred opened at C9( roie to C0j, closing finally with a rise of i on tho day at 59 North British rrcforred at 90 and tho Deferred at 463 are each i higher. Barry Ordinary roso 3 to Slf, the Deferred 3 to N)2i, and City and South London to 59. On the other hand. Great Western at 1762 and Midland at 169i.are each lower.

Tho receipts of the undermentioned railways for the rast week show tho following changes Jsa.lL JanTTs. Jaa.ll iit. 2.tc. 25f. 23c.

25f. 22je: 25f.25c. 20m. 46pt. 20ia.

40pf. 20in. i30jpf. llfl.99J 111I.09J llll.Wi 12fl.C 12fl.09j 26 lire 46 26 lire 44 26 lire 4a 31r.23 31pi.25 SJtld. SrUd.

I 37Jld. fl3r.55 OSr.CO 14. 3Ad. l. 3id.

li. ld. Is. 3 Is. 3 Ad.

li. Sd. 2n. ld. 2s.

lfd. 2f. ld. 2g. lid.

2t. lid. 2s. lid. 2s.

ljd. 2. ljd. 2s. end.

ejd. 17Hd. 17d. 187 p.c. 187 p.c.

1658d. 16t3d. Paris, eheqnes Bruriels, do. rrlia, gijhl Vienna, sight Amst'dam, light IUIj, gigbt Jtadrid, sicht Lisbon, sight St. retertlmr.

three monthg Bombay, T.T. CaieutU, T.T, Ilong konj, four monins Shanghai, lokohanu, fonrj months io de Janeiro Valr arai'o, 80 daji' eoml. Bcenog Ayres, gold premium Pacer dol. Tho directors of the Union Marine Insurance Company (Limited) havo rosolrcd to recommend that a dividend of 4s. er share, free of income tax, bo paid, making with the interim dividend ox 3s.

Cd. paid in July last a distribution for the year of 7s. Cd, per share, or 15 per cent. Tho report of the Yorkfhiro Banking Company (Limited) for the half year ended December 31 states that, after providing for bad and doubtful debts, tho profits, including tho balahco. brought forward, amounted to 35,968, The directors recommend a dividend of 17s.

6d. per share, tax free, placing 7,000 to tho reservo fund, making it 230,000, and leaving 2,718 to be carried forward. Tho balance sheet of Messrs. Lambton anil Newcastle upon Tyne, made up on December 31, 1896, shows current, deposit, and other accounts, 3,600,347 investments, cash at head and branches and with Bank of England, Messrs. Barclay and and other banks, 323,904 and advances to customers and bills discounted, 1,770,081.

feeling of the meeting that the Canadian Govern ment cannot consistently with good faith refuse to re enact tho subsidy originally granted to the company. We cannot agree with the writer of the following letter jin thinking tliat the conditions in India arc sufficiently aimilar to thoso existing in Russia to make it probable that fixing the rupee at 15d. instead of 16d. would have brought largo amouiits of gold to India January 18. Dir.

It Ear lntrrest ronr reajJera ia ltnnwr that th RnasUa rouble a' now fixed at 15th of the imperial weighs 12902 grammes, 10th Cne) represtnU 2337 pence. The gilrer roubleVwhich is now merely an effective token coin, is nttfd to gold at 23 to 1. Thi rate is almost identical with the rate of 15 pence for the rupee (equal to 2336 to 1) which I suestd. in a paper I read before the Bankers Institute in December, 1S92, should bu adopted for the conversion of the! Indian 'currency to a gold basis. There can be no reasonable doubt that if that rate had been, followed India would ere this' hare Urgun the acquisition of a stock ot gold which would have eventually enabled it to make its rupees and its rupee currency notes as rood representatives of gold as silver and paper roubles nave now become.

1'oors obediently, L. C. PROBi N. Wo have received tho following notices Tbe Stork Exchange Committee bare anrvunted Thursday, January a special aettlini; day in xr hig Blow (Limited) 150,000 shares, 6.1, paM Hannan's Golden Pebbles (Llmite.1) lly.5SC shares, fullv raid New Zealand Jubilee Gold (Limited 25,000 shares, 10s. paM, and 7.000 shares, fully paid.

Mers. Burton apd ton, of Ipswich, and Messrs. Evatt Zanders anl.on, of Colchester, have arranged to. amalgamate their busice.fes, which they are forming Into a limited company, under the style 'ot Burton. Son.

and Sanders (Limited). The entire share capital will 1 be held by the existinz partners in the respective firms. who will be tbe managing directors of the new com air. John SI 'Donald has joined the board of' the Dixie Gold Mining Company (limited). The Council of Foreira Bondholders aro advised bv the London and Hirer Plata Bank that they hSTe i this day received a cablegram from their Monte ideo hli branch instructing them to pay .23.440 13s.

to ilessr. wblch t0? Glyn, Mills. Currie, stido. for the service of the ore chrarjy. lie had Lrugwaysn Thfce and a Half per Cent, debt, and tbat tbey.

have accordingly Messrs. Glyn, Mills, Currie, and Co. their cheque for that amount. Baring Brothers and Co. (Limited; have received a remittance of 11,644 2s.

5d. in bills on London at SO days' sight, on account of tba serrice of the City of Buenos Ayres Fonr and a Uali per Cent. Sterling Loan of 1883. Mr. Joshua Sing, of the firm of Messrs.

Powell and 5icg, has joined the board of the Maritime Insurance Company. RAILWAY AND OTIIER COMPANIES. more for passengers and. foods, ami the increase ia tha receipts lor tha whole year had been no Ua thaar1 170.527 srilreis. Is 1854 they earned 8,148 tons, la 1894 tbey had another favourable year, the goods ton nag carried being 53,112 tons, but ia the past year, to Joss 30,.

they carried 66,266 tons. This showed that tha line was improvinr. and Mr. Sumner thought that the improvamaat would eentinne. An even mors satisfactory point, in his (tho speaker's) opinioa, was that the merchandise they carried was able to bear the in creased rates which they were entitled by th Government to charge, and which they bad charged in the part year.

It was, therefore, only natural to conclude that theragarand coffee planters were working at a fair profit, and were, therefore, likelv to extend their busi ness, to the company's great advantage. Tbe gross re ceipts had been 546,653 bat, taken at the exchange of 9 this meant receipts of 4 If s. per mile rer week. This was a roor fczure. and thev wanted much more lejfore they could be in a comfortable poii tian, but be saw no reason, nor did Sumner, why tbey should not attain this desirable end in the future.

Their exrenditure at same rate of exchange came) out at lit. 7d. per mile er week. The increase in the expenditure Mr. Samrtr attributed irr great fart to the repairs which had been rendered necessary owing to the floods which happened 18 months ago, bet be himself thought that the increase might also 4 attributed to the continued depreciation" of the" currency.

For instance, last year they made up their accounts at as against 9 d. this year. This affsctel tha cost in milreis of all the stores sent out from Knrlind, and it also affected the salaries of their native staff in Brazil. Another 'reason why they worked' somewhat more expensively than he would like to see was ovrinz to the aisolately inadequate resources atiheir disrosal for carrying out repairs to iheir rollinff stock and punt. After all, however, an of 5s.

7d. per mile per week was not out of the common aiid they had to work a 'railway with hwavr grades while the traflle was not constant. The result of their 'working for tbe past year was the deficit was the smallest they had erer bad. As regardel the debentures, he hoped that that waj the last time he would have to say anything about tlk m. They had in past years setside certain sums to redeem these debentures, of the origin of which he afterwards reminded them.

Not long ago they purchased 8,500 of the entires at par, thus 'j saving two years' interest on them, as they fell due ia 1893, Th.y had also a snfGcient amount set oa one side to redeem the lalacceof the debentures 1,100 and he thought he was entitled to congratulate them on this fact. The guaranteed ieterett having trea they were eaabled to recommend a final dividend of 10s. a making 4 per cent, for the year, they I lac el 1,344 to reserve, and tbey carrifrl forward This was a large sum to' carryforward, but the matter had had their very careful consideration. He then referred to tie new (i overnnent. railways men tioned in the report, and expressed regret that no greater progress had beea made in 'their construction.

Tceir railway lad cow quite outgrown the. existing work-shop at Reis, and they had decided un their removal would be enabled had' irreat faith ia the future of the cndertakmir. Major ueneral J. P. Beadle seconded the metiea, which was carried unaai mously.

Srrxtx, asd Compaxt (LlMiTro). In their report the directors rcrommend a dividend of 9 per cent, on the ordinary shares, less tax, payable 4J per cent, on February 23. the remainder on Acgttst 31 next. Tbe amount to be carried forward will be' 8,833 as against 6,462 last year. Tn Dikxct "Uxited Statzs Cablx Comfaxt iLXMiTZS).

The report for the six montks emled )ecember 31 states tbat the after deducting out payments, amounted.to 47,601 compared with 48.938 for tbe corresponding period of Tte working aad other expenses for the same period, includ.nt; Thn annni A He when compared with those for thecorrcspondiig Company (Limited) for 1896 states that the iaLJ 7 1 uttioiito Ul till London and iingnton, 497. ino AMEitiCA.v it ailkoao Aiarket has asram followed the iirmer tendency in Wall street, where un Saturday tho publication of a favourable Bank return 'caused an almost central rise. I'rices wero highest at about midday, and though a reaction took place, owmr to realizations in tho afternoon, a renewal of Wall street biiyinc at tho' lower Icvol carried thorn up again almost to the highest points roacned. xnero is a riso of li in et Jfam to 4y (alter neinc 79f villo and Nashvillo to 531 (after Lne First 1'referred to 36s Preferred to 181 and Southern Preferred to' 30 each in Atchison to 15f, Illinois to 961, and iVabash Preferred to 17i i inOntariotol52 reach a a a m. a in utnver iTeicrred to 44 (alter being 46), York Central to 96, Northern Pacific Preferrod the 1895 underwritinr account brouirht forward waa 40,781, the settlements made on that account and previous rears beins? 51.809.

Tho interest account for 18C6 was 7.8S3. and there remains at the credit of the nrbfit and loss account a balance of 11.327. An interim divi dend of 2s. per share was paid in July last, and tne directors proposo to pay a further dividend of 2s. per share, tax making 10 per cent.

for tho year, carrying forward 1.327. The net" premiums taken fortbe'yearamounted to 108,908. Chioxxcto Mabixx TuixsroRT Railway Cok ncome iax, out cxciusit 01 "F' t. i vr (I iuit La knnl.l... aniounieu 10 jcatuig a laiauic ui i.i.iw sSreholdm ofVthiV comply warhdTe.rerdlyTt ''Sj? tol the offices, Dashwood housiTto receive a report from of For the corresponding period of 1894 Mr.

Provand on the result of his reeent visit to Carla I outcome of the late general election in Canada thev 1 Pr th.e a I 'i Ann thn ftima laftm.i lt i inin nfvA. I ww wwwwwwwiv wvavtvaa LWViVVgii JUSI 1 UlLCt 'i! to1 ern8, a balance of 57,891. being 53H 1 Tho liabilitv on risks accented was I each in Norfolk wriifh xs on tot ,.5 VZ. I a vp st ItUIUIUUtVU Ul WWII to 24J, ditto New Preferred to Pennsylvania "MnrS10" 1 to Ki, Southern Ordinary to 101, and' Union fj63' Pacific' to ancl i each Atchison uftLSd! Preferred to 252, Chesapeake to 181, Den ver Common to 121, Erie to 151, and Phila delphia and Reading to 14. in the bond list there is a rise of in.

Atchison Adjustment to 472 i each in Chesapeake Four and a Half per Cents, to 77J, St. Paul, Minneapolis and Manitoba Four per Cents, to 94, and Wabash Debonturo to 24 each in Sontnern Five per (Jents. to Philadelphia and. Heading, Four por Lent. Vertihcates Income to 481 and 1 each Prior Lien to 88J and ditto Threes to 551.

Cax'adiax Pacifio llailway shares fell 1 to 571, Grand Trunk Second Preference stock to 19, aud the unaranteed to 44. itail way Ordinary stock adtanced to 24J, the First Preference 4 to 86, and Mexican Central Four per Cent, bonds.f to 68? In tho South Amkbicax Railway Market Santa Fe and Cordova Great Southern shares at 59 and the Second Debentures at 93 aro each 2 lower. Cordoba Central (Central Northern) Income Debentures at 641 are 11 lower Buenos Ayres and t.nsenada at 09, liuonos Ayres and liosario at 77, Argentino Great Western Four per Uents. at hh, l.ania lilanca iteiorenco at 49, Buenos Ayres and Pacific Preference at 111, tho Six per Cents, at 101, Cordoba and Rosario Second Debentures at 99, and Santa Fe and Cordova Great Southern Six per Cents, at 131 are 1 lower, and Cordoba Central Prcfrrenco at 33 and Buenos Ayres Transandino Preference it 0J aro 1 lower. Central Uruguay Debenture at 142j is 5 lower, and Uruguay Northern Debenture at 28 is 1 lower, but Midland Uruguay stock at 22 is 1 higher.

The Foreicx Market was firm at the opening, but in the course of tho day became weaker on sales to securo profits, the Paris quotations being reported lowor, and the closing prices were irrogular. Egyptian securities, however, were firm, tho Preference stock advancing i to 101 and tho State Domain bonds to 105. Spanish Four per alter toncmnr liaVr, lett on at 021, about tho same as on Saturday. Turkish Groups also advanced at one time, but finally closed lowor at 371, and fa lower at 21, and Ottoman Bank snares fell rY to 12. The ro has also been a fall of 1 in the Bulgarian bonds of 188S to 97, of iV in Italian Rentes to 901, and of to i in Hungarian Four per Cents, to 101 German Three per Cents, to 97, Mexican Six 'pet.

Cents, of 1888 to 95, ditto of 1893 to 93, and the Internal bonds to 25. In South American descriptions there has been an advance of to in 1'eruvian Corporation Untinaryand Itelerenco to 31 and 111, and tho Debentures to 43J, Uru guayan Threo and a nalf per to 43 and tho Brazilian Western of Minas Railway bonds to 75. On the other hand, the Argentine loan of 1BSG at t. tho funding bonds at iH, the Buenos Ayres Water and Drainaee bonds at 671. tho National scries at the and series at'30 and 29, and the Buenos Ayres apd sories all at 6J have fallen 1 to 1.

In the general Mixixo Markot there was some inquiry for Copper securities, and Capo at 21, Copiapo at 2J, and Libiola at 1 are each higher. In Indion shares Champion Reef fell Vi to 8, but Ooregum Ordinary rose fa to 3. Among Western Australian companies' Great Boulder roso to 7f but Goldfields fell to 5J, and Hampton Plains iV to 2 In the South Africax Market prices show a further declmo owing to the continued inactivity of business. De Beers Diamond shares fell Vi to 28J. In Finance Companies Chartered fell Vr to and Consolidated Ooldfields ft to 8.

In Gold shares Crown Reef fell to 10jl, Eaet Rand to 3 Goldfields Deep to 7J, Henry Nourse i to 61, Jumpers to 4J, Knight's to 4, Primros'o 1 to Rand Mines to 24, Transvaal Gold Mining Estates to 4J, and Village Main Reef to 5. On the other hand, Geldenhuis Deep rose I to 4J, Jubilee to 7J, Roodepoort United to 4i, and Simmer and Jack to 4. In tio Mis czl lax iocs Market Barthdlomay Brewcrvroso i to 8, the Preference to 12, City of London 2 to 2074. Campbell, Johnstone, Preference I to 6J, Chicago to Hoare Preference I to 14, Lascellps, Tickner to 9, the to Lloyd and Yorath Debenture 4 to 1031, Massoy's Curnley to Parker's Burslem to 26, Showcll's to 231, tho Preference I to 174. and tho Guaranteed i to 74 1 but Cheltenham Preference fell to aud Massey's Burnley Preference to 14.

Globe Tclegrar.h Preference rose to li 4, Howard and Bullough Debentortj 1 to 110J, Londoa Stereo acooie to 24. London Produce to 4aral Con. reinsured, leaving 1,972,656, the unearnod premiums thereon being 23,604. The report of the Standard 3Iarine Insurance Company (Limited) for 1896 states that the balance brought forward in the profit and loss this has been andi the balance brought forward from the underwriting account for 1895. After deducting all claims paid, and making provision for all further charges, there remains a balance of 19,878.

Out of this the directors proposo to pay, tax freo, a dividend of 8s, per share, leaving 9,878 to be carried forward. The premiums taken during 1896, less reinsurances and returns, 'amounted to 107,439, representing a liability of 15,482.652. of which in S'Zf 13,709,416 had run otf to December 31, leaving onV 1 the to.e,, and ditto rirst ri Tl, be settled, a and added that the Government would not ach in Northern Pacific lJTf Jfs Pl1 on the' Wion in a strictly legal sense, but that had had a new Oorerntnent to deal with, and that haS i T0 Ltea oeciareu, anq, aiwr rendered necessaryi to some extent, the restatement of the company's case. When in Canada he had. an inter view with the new Cabinet resneetier their claims against the Canadian Government, and before returning a A 1 L.I a.1 1 iu uii cuuuht uciuiii wjc opportunity oi meeting committee of the! Cabinet to whom the question had been referred for report.

He drew tho attention of that committee to the fact that tbe promotion of the enterprise with which the company was associated took ftlace in Canada and not in this country. For something ike 16 years the Canadian people advocated a ship canai across tne tstnmus ot umgneno, but the railway scheme was taken up because of its relative cheapness. The canal was to have been built with Government money, and. Of course, if a failure the loss would hare fallen on the Government, whereas the proposed rail way was to be const ructed by means of capital raised in London. In.

1882 an Act was passed giving the com pany a subsidy of 8150,000 a year, a sum that was afterwards increased to $170,000. As, however, the latter sum was to be given for only 20 years instead of 25 years as in the case of the smaller amount, tho actuarial value of the two subsidies waa the mo. In 1892 he obtained from the Government an Order in Council promising! that, if the company could satisfy tnat tney were in a position to go oa witn tne work, a recommendation to pass the necessary legislation would be made to Parliament. Ever since then he had been engaged in a1 struggle to get the Canadian Govern ment to carry out that promise. Towards the close of 1894 tbe Canadian Finance Minister came to London A deputation waited on him, and he promised that immediately on his return to Canada the matter would Tenders were opened to day for 200.000 Madras Railway Company's Two and a Half per Lent, juonds, amounting to 397,300, at prices ranging from 99 3s.

tid. to 93, the minimum prico. Tenders at 98 10s. 6d. will receivo about 89 per rent, of the amount applied for, and all abovo that price in full.

The Great Indian Peninsula Railway Com nan announces an issuo of and a HaIf per uent. aUebcntures, guaranteed by the fcocretary of State for India, at a minimum nrice of 98. The Debentures will bo to will expire on December 31, 1903. Jutal Webb (Limited), is a new amalgamation of provision shops, with a capital 100,000, divided into 10,000 Six per Cumulative Preference shares of 5 and 50,000 Ordinary shares of 1. Of the present issue of 6,500 Preference and 22.500 Ordinary shares, 3,336 Preference and 5,945 Ordinary shares are ottered for subscription.

The purchaso price has been fixed by the vendor at which 8,625 is taken in Preference shares and 8.636 in Ordinary' shares, and tbe balance in cash. A proposal having been laid before the Argen tino Chamber of Deputies including in the resourcos of the Iludget of the National Argentine Government the proceeds of a bond it is contemplated to negotiate on the security of tho assets of the Banco Nacional, in liquidation," Messrs. O. Bemberg and of Buenos th bondholders of the City of imenos Ayres joau of looa, the payment in they would consider the moral and equitable grounds on which tne company based tpeir claims lor reinstatement. Owing to (various circumstances that promise was not fulfilled, and when the late Government went out of office no' settlement bad been arrived at.

On bringing the question before the present Government roon after: accession, to office he was informed that no immediate reply could be given as to what they wduld fio. but that before Parliament met a renlv should be sent to his'reprrsentations. It was with teat understanding that he left the matter in the hands of the committee of the Cabinet. On obtaining an Order in Council as late as last May promising tbe necessary legislation to reinstate tne company, tne boarrt, reeling tnat, wnatevetv change 01 uoverment mignt take piaee, it would not position or tne company, ex pended certain sums 01 for tne purpose of pre serving tno works, lncy believed that any uovern ment roinir into otLeo would resoect an urder in Council granted by a previous Government, and so tbey undertook, certain necessary engineering operations, with the result that they' had run' short of funds for wages, and required to raise a sum of e00 to meet all liabilities incurred up to the end of the sent month. When in Canada he visited the works and found generally speaking, they were in an excellent state of preservation.

The hydraulic machinery, which was in. nouses' and each end of. the line, was apparently in the same condition as when left there by the contractors some years ago. The ooly changes that had taken place were in the earthworks, which were weather worn by 'exposure to four winters. Some eemcnt was damaged and a number of sleepers had become unsound, but these, were trilling matters, and a few thousand pounds would replace everything.

Mr. Van Kaalte observed that many of them had beea for a longtime familiar with the way in which foreign enterprises were financed, but no one could recall any instance in which a body of investors had been treated as they had been by tho Canadian Government. Various Acts of Farliamcnti were passed in order to obtain tht sterling of which was guaranteed by that bank money for the railway in London, and they had heard at 32d. Per peso, have addressed a protest to the Chamber of Deputies, of which tho following is a translation Buenos Ayres, Dee. 12, 1896.

To the lion. Chambsr of Deputies of the Nation. O. Bemberg and for themselves and as represes tatiras of Messrs. Louis Cchen and Sons, who in their turn are agents and representatives of tho holders of londs of the Municipal loan of 18S4 88 guaranteed by tbe National Bank, have recourse respectfully to you, ia order to lay before you That wo have seen from tbe publication of tbe report of the Budget Commission of the Chamber that a part of the income of the Banco Itasional, in liquidation, is plared among the resources for next We should have nothing to remark if the! Banco Nacional had paid its special creditors, or arranged with them tte payment of its ebt in a firm guaranteed manner, but we do not consider it possible tbat the funds of the said bank can be disposed of while it still baa creditors who have net received a cent, and who appear to.be passed over in an unjustifiable mariner.

We refer to the Municipal loan of 1884 S8, sold by the bank to a European syndicate, and legally guaranteed by that bank. For that loan tbo Banco Nacional' ewes gold, plus tbe interest due on bonds drawn, aud this solemn obligation delivered in the general bond and in the partial bonds has been, although it was not necessary, recognized in view of projected arrangements by the Procuradorea of the nation and the Treasury, by the advocate consulted bv the bank, and by all the public departments which have inter Teced in the matter. Our. claim is so indisputable and so just that it. is not necessary to discuss it cor to present proofs, and therefore it is the more inexplicable that not only have we not up to the present received any amount whatever oa account, like ail the other creditors of the bank, but an attempt is made to appropriate the funds of the bank, which are" destined in the first place to satisfy the solemn obligations of the institution.

And it is still more extraordinary that it Is sought to apply to the integral payment ot the National' Debt that is to say, to other creditors tbat which belongs before all to the direct creditors of the Lank. This would amount in fact to injuring established and indisputable ruhts in order to benefit creditors foreign to the' bank, however legitimate their rights against the nation may be. In other' words, in order) to pay some creditors of the. nation integrally, bands would be placed on that which it the legitimate property cf others. We do not doubt that this brief statement, which we make in defence of oar interests, will be regarded by yo'ur not permitting the funds of the rank to be destined to other objects while the special debts.

have among wtueh not teen paid ours figures in the foremost place; nor arranged. Your rectitude is well known to us, and yorr solicitude tor the good credit of the country, and therefore we await tranquilly the decision of the Chamber, not believing that it will be necessary for us to raise a more formal croteit axaicit any decision which may violate from Provand how tho terms of the subsidy wrc altered in order to; secure the necessary capital. There was no promotion; of anv kind in this country in reference to the Chignecto Ship Railway. It came to them entirely promoted by the Canadian Government and the Canadian The case was one of the most painful that investors in London had ever experienced. They bad all heard statements from Canadians that the people of this country did not invest in Canada to anything like the extent that they did ia other colonics.

These statements bad really been made in the form of a complaint, but 'how was it possible that English people could be expected to invest their money in a country when in anjenterpnse promoted by the Canadian Government1 and people, and introduced here in the same way as a Government loan would be, they were subjected to such treatment as they had to complain of in connexion with this company It was quite certain that no investor who heard of the way in which the bondholders' and shareholders of tne Chignecto Ship Railway had been treated would invest in any Canadian business) iu the future until they had been fairly dealt with. Up to the present time very little had been said in this country regarding the conduct of the Canadian Governmtrnt with the Chignecto Company, hut he hoped' thati such time as the matter was settled it would be kept prominently before the public. From what he could hear of the present Canadian Prime Minister be entertained the hope tbat before long the causes ef their complaint would be removed. Mr. J.

C. F. Lee said be bad to thank TU Timtt for admitting into its Money Article a letter showing the manner iai which the Canadian Governmnt had dealt with this enterprise. He thought the meeting should be adjourned until each time as they received the promised reply from the committee of the Cabinet. Mr; Provand.

in answer. to a question, said that the Government tad bad a great deal pf mcney cut of the company fcr' impcrt duties and in other, ways. Ue thought thev cogbt to remember that the present Government hail not lenr been ia office, and jit was only reasonable. they should want to go into the whole 'question. After further discussion, the' following resolution was carried unanimously 1" That.l having heard from Mr.

Provand aa account of the present position of the claims of the company which are now befote a cramittee cf the Privy Council of Canada for report, it is reaolved that this meeting of bondholders and shareholder of the' Chignecto Marine Transport Company is tmanimoosly of opinion that: the claims' of 'the company on the Government of Canada for the re enactment of the subsidy cannot consistently with rood faith on the part of the Government and Legislature of Canada be any longer refuted or delayed, and that Mr. Provand be requested to nse his exertions to press upon the present Administration the strong feelings of the meetinr ia regard to the present position of this questlcn." The meeting was adjourned gi'nr rffg Cospsp'EcRajlwat Comfaxt (LiiflTXP). Tie annual general meeting waa held yesterdav at WinchesterWinchester bouse IMr. G.i P. Torrens presiding.

Id coving the adoption of the report, the chairman stated that the past year tad: been the best ia the history of tbe coxataay as retarded the traffic. TAev had received setting aside 12.000 to tbe reserve fund account, balance of 4,843 haa been carried forward. Tax Assxts Realisation Compaxt (Limitsd). The report for tho year ended December 31, 1836, states that from the profits of the year directors recommend the agreed payment of ,250, lest tax, to the Assets Founders' Shire Company a dividend for the six months to December 31 last at the rate ot 12 per cent, per annum on the ordinary shares, making 10 per rent, for tbe year, also less tax and the placing of 20,000 to the reserve fund, leaving 1,210 to be carried forward. TlIX ASSXTS FOCXDKSS' SHASXCOMrAXTfLlMXTZDl.

The report for the year ended December 31, 1896, states that, in conformity with the scheme mutually approved and duly sanctioned in April last the amount to be received from the Assets Realisation Company (Limited) for the past year is 2,175, beicg 2,250 leas tax. The amount at the credit of the revenue account, including S0S brought forward, is 3,090, which will permit of the payment of a dividend for the past year at the rate of 1J per cent, per annum', tax free, carrying forward 90. Lister axd Co. (Limitzd). The report for the year ended November 30 last states that the profit was and after provision had been made for interest on preference shares, there remained a balance of 21,025, out of which the directors recommend a dividend of 2 per les tax, on the ordinary shares, leaving 2,025 to be carried forward.

Pawsoxs axd LxArs (Limitxd). The general meeting rf. this company was held yesterday at 22, Carter lane. Mr. W.

H. Willans, who presided, congratulated the shareholders on the completion ot the new premises which company had gradually taken possession cf during the past 12 months. In the period under review tbey had done a larger business than ia any previous year, and the net. prollt amounted to. 17,849, after payment of interest, remuneration ot directors, income tax, making allowance for bad and doubtful debts, and providing for depreciation of leases.

The whole of tbe debentures offenAl for subscription during 1896 were taken up, and tbe directors were of opinion that at aa early date a quotation on the Stock Exchange would be obtained for them. Referring to the balance sheet, he said that the stock had been very carefully gone through and the directors believed, that the figure at which it stood in tho. accounts, 172,140, represented its proper, value. As to Ibe expenditure in connexion with thenew building, 107, 151, he explained that this amount would prolabit to increased, as there were a few outstanding items still, to be certified for and It was hoped tbat witnin tne next two 01 three months this account would be closed. Having expressed the regret felt by the directors at the retire ment from the board of Sir James Whitehead, owing to ill health, he moved the adaption of tbe report.

Mr. A. A. Stengsr seconded. tbe motion.

Replying to Mr. Lamont and Mr. Wcstrope, the chairman said that tba board had considered tbe question of paying, a higher dividend than 5 per but' in view of the circum stances of the past few years tbey had thought it wiser to husband their resources so as to put the company oa a very strong financial footing. The report was adopted, and a final dividend of 3s. per share was diclared.

DIVIDENDS ANNOUNCED Bbzxtford Gas Comtaxt. The directors recom mend the payment of dividends for tho past half year at tbe rate of 5 12s. 9d. per cent, per annum. St.

Jam xs's'axd Pall Mall Electric Light Cox rAXT (Limited). The directors recommend a divi dend for the half year ended December 31 of 8s. pet share on the ordinary shares, soaking with tha interim dividend 101 per cent, for the year 1896. Foreign isr Coloxial Ixvestmext Trcst Com axy (LIMITED). The directors recommend dividends for the past half year at th rates of 5 per cent, pet annum on the preferred and 4 per cent, per annum on tbe deferred stock.

is piacea to reserve. and 2,631 carried forward. TRAFFIC RECEIPTS, flnbieinad are the receipts of various companies, fat the week ended at date or the period named 1838 37. 1 1S3S 98. City end Boatb London Jaa.

IT AUecirat (Gibraltar) Jaa. 9 Oracl Jaa. 14 Chicago and Ureal Traiik Jaa.lt I etreitaat Orand Uatea 14 La uoaira and Caracas UacZZ Mesicaa 8eutbero Jaa. 14 Uleheaoolia St. Paul Xiec 1 1 1 ueno Cabello aad Valeaoia IVv.

9 feweeuaeat Automatic Jan. IS Taital Deoeober West ef India ttw. 2S 1.085 Fa.lS.ead 11. 94 1,673 41 lie tliiiCl 0'0l 2.140, i.b.t: Ra.4,1: 1.004 r.ii09 61.131 1200 1123 12.S50 tt.414 I3.14J.CCO 929 11.M4 7SS Jla.10543 The receipts of the West India and Panama Telegraph Company for the fortnight ended Jan. 15 were 2.379.

against 2.759. The receipts of the Bristol Tramway Company for the past week show aa increase of 188 but those of tbe Calcatta Company a decreas? cf 6. The receipts of the Vienna General Omnibus Company for the week ended Jaa. 9 amounted to 2,339, against 1,939. Tho receipts of tbe Lynn and Boston Railroad Company for December show an increase of 4,485.

The receipts of the Sues Canal on Saturday amounted to 140.00Cf., aad on Sunday tot agaiast and oa the correspoading daya of last year. MINING RETURNS. St. John del Key. Predaoe days.

Cm divisiocu 1X500 ottavas, aval to 1.44laa. tray. Alaska Kexicaa Gold Minis! Cenpaay Cleaa ap for aaeath Dr cember Kullioo tHipaienl, ii7.U0 or atllled.ia.S7J Itsel! tnmS' a balhoa ttn oMlna aalptkarata. Backxxo a Hoxsi. In the.

City of London Conrt, yesterday, before Mr. Conuniasioaer Kerr, aa aetoa as brought by Mr. Reginald Bateman, Devon lodge. Broad green avesae. Croydon, to recover from the defendant, Mr.

William Bcntlcy, 46, Glaashoose street. Regent street sua of 7 money had aad received aa hi agent. Batcmaa said that oa March 18 be gave the defendant two sovereigns to pot oa a horse for him. The horse was duly by defendant and it won tbe race. The defendant.

had drawn the mouy, amounting to 8, and would sot pay up. saying that he had used the cash in gambling, fie was willing that Beatley should have aod had cued bint for the balance. The defendant Bentley said he did not get the mosey from the. bookmaker wjta whom he aada the bet. As the bookmaker had proved to te a defaulter the witness could not pay or.

acl was not liable. The plaistiff prod seed a letter Irrra tha defendant saying he had drawn the money on the previews evening. lleittley. I was so ashamed to own that the boos, maker Lai aot paid txe that I taivthehad. ilr.

Con misaioser ICerr. Thea you sauat ba aahazced' not have paid. JadLnnent waa'aivea for tba riaistiaL.