THE ST AND ABD LIFE ASSURANCE COMPANY, ESTABLISHED 1825. CONSTITUTED BY SPECIAL ACTS OF PARLIAMENT. ANNUAL REPORT, 1867. THE FORTY-FIRST ANNUAL GENERAL MEETING of the STANDARD LIFE ASSURANCE COMPANY was held at Edinburgh, on Wednesday the 8th of May, 1867,— H. MAXWELL INGLIS, Esq., P.C.S., in the Chair. THE MANAGER submitted to the Meeting- REPORT by the DIRECTORS as to the PROGRESS of the BUSINESS during the Year 1866. The Annual Report on the Books and Accounts by the Auditor of the Company, certifying that he had found the whole Accounts accurately stated and properly vouched. Balance-Sheet of the Company's Affairs, certified by the Auditor and three of the Directors, in accordance with the Acts of Parliament constituting the Company. A General and Comparative Statement explanatory of the Progress of the Business from 1825 to 1866. THE REPORT submitted by the DIRECTORS was shortly as follows :— > The Board of Directors have again tiae pleasure of congratulating the Proprietors of the Company on its continued satisfac- tory progress. On occasion of the last Annual General Meeting in the Spring of 1866, the Directors had the pleasure of reporting the pro- gress and completion of large and important negotiations—namely, the transfer of the business of the MINERVA and VICTORIA OFFICES, and the successful amalgamation with the COLONIAL LIFE ASSURANCE COMPANY, all of which brought new connec- tions and varied advantages to the Institution. In May 1866 the satisfactory result of the Quinquennial Investigation into the Company's Affairs, and Division of profits, as at lath November 1865, was reported, when the Company commenced the work of another lustrum, strengthened by its new and extended connections, supported on a broader basis, and full of confidence in the future, arising from the thorough inves- tigation which its Affairs had undergone with a successful and satisfactory issue. The first year of the new period has been marked, the Directors have pleasure in reporting, by complete success not only as regards the New Business transacted, but what is equally, if not more, important, the thorough and complete retention of the interests and connections of those Companies whose business was transferred to, or amalgamated with the STANDARD. The New Business, however, is perhaps the most tangible exponent of this statement, and the Directors are satisfied to rely on it as the test of their assertion. THE following are the Results of the Business for the year under review :— AMOUNT PROPOSED FOR ASSURANCE during the year 15th November, 1865, to loth November, 1866, £1,439,927 0 4 NUMBER OF PROPOSALS FOR ASSURANCE, 2389 AMOUNT OF ASSURANCES ACCEPTED, £ 1,190,281 11 2 NUMBER OF ASSURANCES COMPLETED, exclusive of Annuities, 2013 AMOUNT OF ANNUAL PREMIUMS on New Business. X38,918 19 11 AMOUNT OF CLAIMS BY DEATH, exclusive of Bonus Additions, X314,376 3 10 ANNUAL REVENUE, £ 675,267 6 8 ACCUMULATED FUND, X3,700,005 1 4 These figures represent numerous interests and an important trust, not much fewer than 28,000 persons holding Policies from the Institution. They are also a sure test of the confidence placed in the Institution by the public and the Directors, impressed with the responsibility which such a trust involves, make it their study to conduct the business on the soundest principles, free from speculation or undue anxiety to make profits. In accordance with these principles, the Directors have confined the Investment, of the Company's large Funds to thoroughly reliable securities, preferring for the great bulk of their Investments the Mortgage of land at fair rates of interest to increased returns on Investments of a less certain nature; and in proof of this they request attention to the following Statement, show- ing the Company's Investments as at 15th November, 1866 Mortgages and other Landed Securities, £ 2,535,748 14 6 Government Securities, 86^782 17 2 Loans on the Company's Policies within their Surrender Value, 198',610 2 5 Stocks and Debentures, 218,313 9 6 Bank Balances, Agents' Balances, and Premiums in which Days of Grace are current, 323,675 2 0 Invested abroad in connection with Colonial business, 49,275 17 2 Life Annuities and Reversions purchased 34,403 14 9 Varioug other Investments, I. 253,195 3 10 93,700,003 1 4 The Directors are satisfied that all interested will approve of this course of procedure. To all other points of Management the attention of the Directors is carefully directed. The records of the Company's tran- sactions have been brought into the most thorough state of efficiency, after giving effect to the transfers and amalgamation which have been carried through—a matter of the greatest importance in connection with transactions of such magnitude ■ and the endeavour of the Directors in future will be to conduct the Institution in such a manner as to devolop the resources at its command without seeking further extension of its field of action, making it their study to produce as much profit as they can, consistently with liberal dealing, for the advantage of all interested. The REPORT was unanimously adopted. rpHE ELECTION OF NEW DIRECTORS, to supply the places of those who retire by rotation, in terms of the Company's I Acts of Parliament, followed. The Establishment was then constituted as follows for the ensuing year :— GOVERNOR—HIS GRACE THE DUKE OF BUCCLEUCH AND QUEENSBERRY, K.G. n ( THE RIGHT HON. THE EARL OF DALKEITH, M.P. DEPUTY-GOVERNORS, J mE RIGHT H0N mE EaRL of STAIR, K.T. EDINBURGH, 3 AND 5, GEORGE STREET. ORDINARY DIRECTORS. CHARLES PEARSON, Esq., C.A. J. HAY, Esq., Merchant, Leith. T. MESIF.S, Esq., Merchant, Leith. GEORGE MOlR, Esq., Advocate. H. MAXWELL INGLIS, Esq., P.C.S. H. DAVIDSON, Esq., Merchant. T. GRAHAM MURRAY, Esq., W.S. ANDREW BLACKBURN, Esq. W. S. WALKER, Esq., of Bowland. Sir J. Y. SIMPSON, M.I)., Bart. JAMBS VEITCH, Esq., of Eliock. J. Lindsay, Esq., Woodend. JAMES HOPE, Jun., Esq., W.S. ROBERT HLI-STElt, Esq. JOHN DUNDAS, Esq., C.S. W. JAS. DUNCAN, Esq., Manager of the National Bank of Scotland. ANDREW WOOD, Esq" M.D. WSI. MONCREIFF, Esq., C.A. Manager and A ctu?-ary, -WILL. THOS. THOMSON, F.R.S.E. Home See)-etary,-THOMAS ROBERTSON. Colonial and Foreign Secretary,-D. CLUNIN E GREGOR. Accountant— A. WOOD STEWART. Joint A ctuary,-SPENCER C. THOMSON, B.A., Cantab. A ud,itrr,-Cil ARLES PEARSON, C.A. Physician,—PROFESSOR CIIRISTISON, M.D. Bankers.-THE BANK OF SCOTLAND; THE ROYAL BAtNK OF SCOTLAND. LONDON, 82, KING WILLIAM STREET. CHAIRMAN OF THE BOARD.-THE RIGHT HONOURABLE LORD ELCHO, M.P. ORDINARY DIRECTORS. ALEXANDER GILLESPIE, Esq., Heathfield,Walton-on-Thames I LESTOCK ROBERT REID, Esq., 122, Wcstbourne Terrace. I FRANCIS LE BRETON, Eaq., 21, Sussex Place, Regent's Park. T. H. BROOKING, Esq., Merchant, New Broad Street. J, G. FRITH, Esq., Old Broad Street. I J. NESBITT, Esq., 42, Eastcheap. J. C. DTMSDALE, Esq., Banker. W. RATRAY, Esq., 41, Tavistock Square. CH ARLES HEMKRY, Esq., 28, Threadneedle Street. Lieutenant-Colonel JAMES D. G. TULLOCH. General Secretary for England,—HENRY JONES WILLIAMS. Inspectors,—GEORGE EDWARDS STEPHEN HUDSON. Medical Officers,-A. TWEEDIE, M.D. R. H. SEMPLE, M.D. Bankers.-LONDON & WESTMINSTER BANK LONDON & COUNTY BANK; MESSRS. DIMSDALE, FOWLER, & BARNARD, Coriil)ill. LONDON.—WEST-END OFFICE-3, PALL MALL EAST, S.W. BOARD OF DIRECTORS. Colonel JAMES HOLLAND (late Quartermaster-General, Bombav), 24, Princes Square, Hyde Park, W. J. R. TttOMso. Esq., of J. K. Thomson & Co., St. Peter's Chambers, Cornhill. „„ r T?T T?\TTMn Van nf Mpssrs. K.nrv STEl'HE:-I \VALCOTT, ESQ., 17, Lansdowne Crescent, Ken- sington Park. R, M' KERRELL, Esq., 45, Inverness Terrace, Bayswater, \V. P. P. Blyth, Esq., 53, Wimpole Street, Cavendish Square. ¡Yl()n :nl(l nf A n. b_. v^iiamoers, vormuu. jo, wimpoie street CavpnrliRh Snuarp Jt FLEMIXG, Esq., of Messrs. Robinson and Fleming-, of Austin Friars. ^avenai&a bquare. J Resident Secretary— SAMUEL R. FURGUSSON. Inspector,—JOHN O'HAGAN. Medical Officers,—HENRY OLDHAM, M.D.; SAMUEL SOLLY, Surgeon. BY ORDER OF THE DIRECTORS, WILL. THOS. THOMSON, Manager. H. JONES WILLIAMS, General Secretary for England. FURTHER INFORMATION can be obtained by application at the Offices of the Company in Edinburgh London, Dublin, and Glasgow, or at any of the Agencies which have been established in almost every Town of importance thronghout the Kingdom. COLONfAL AND FOREIGN ASSURANCES.—Assurances granted on the Lives of persons proceeding abroad. Branch Offices and Agencies in India and all the British Colonies, where- Pre- miums can be received and Claims settled Tnvnnv J 82> KING WILLIAM STREET, E.C.; AND JJUJNDLJN, | 3} PALL MALL EAST, S.W. EDINBURGH, 3 AND 5, GEORGE STREET, (HEAD OFFICE). DUDLIN, 66, UPPER SACKVILLE STREET. Agent for Brecon-Mr. JOHN EVANS, Post Office. BROWN AND POLSON'S PATENT CORN FLOUR. Packets, 8d., Tins, Is. WARRANTED PERFECTLY PURE. Recommended for CHILDREN'S DIET. The Second quality Indian Corn Flour is sup- plied at 6d. Counterfeit cheap kinds are sometimes offered instead of Brown and Poison's, which bears the makers' signatures. "JOHN BROWN," "JOHN POLSON," Upon each Packet. BRECKNOCKSHIRE COUNTY COURTS These Courts will be holden at the places and times following Brecknock—Friday, July 19th; Friday, August 23rd. Bnilth- vVednesday, July 24th Saturday, Septemher 21st. Crickhowell-Weclnesdiy, August 7th. Hay—Tuesday, July 30th, and Wednesday, July 31st; Friday, September 27th, and Saturday, September 28th. These Courts are held only in alternate months. BOROUGH OF BRECON. ALL Persons having Claims on the Town Coun- cil, or the L-ical Board of Health of this Borough, are hereby required to forward the full particulars thereof to the Town Clerk's Office, at or before 12 o'clock at noon of Tuesday, the 30th day of July instant, in order that the same may be examined by the FinancelCommittee, previously to the next quarterly meeting, and be thereafter, if allowed, discharged. ,P' By Order, STEPHEN ^BOWEN EVANS, Town Clerk's Office, Town Clerk. Lion Street, Brecon, 24th July, 1867. BRECONSHIRE SUMMER ASSIZES, 18 07. THE SHERIFF'S ORDINARY will be held X at the WELLINGTON HOTEL, BRECON, on SATURDAY, the 27th inst., at 5 o'clock. Gentlemen purposing to honor the High Sheriff with their company are respectfully requested to intimate their intention at the Bar of the Hotel. Brecon, July 18th, 1867. NOTICE TO ADVERTISERS AND CORRESPONDENTS. All Correspondence and Advertisements to be ad- dressed to the Editor,11 Reporter" Office, Bulwark, !Yli Brecon, on or before Friday morning. The Editor will not undertake to return rejected communications, and wishes his correspondents to understand that whaÜver is intended jar in- sertion, must be verified by the name and address of the writer.
THE DOWLAIS MURDER. Thomas Watkins, was indicted at the Cardiff Assizes, on Saturday last, before Baron Channell, for the murder of Alexander Henderson, at Dow- lais, on the 7th inst. There was no fresh evidence offered against the prisoner. The Judge said the crime was either murder or it was not, and the jury returned a verdict of guilty. Sentence of death was then passed on the prisoner, who re- ceived it with perfect composure.
A MISER'S HOARD.- An old woman, named Jane Douglas, died at St. Helier's, Jersey, a month ago, leaving her landlord, Mr. Bown, to take charge of all she had, as she possessed no relatives. She resided in a mean house in Byron-road, Lon- don, and was presumed to be, and put on the ap- pearance of being, very destitute. She was visited by a great many ladies, who supplied what they deemed her pressing wants. Mr. Bown did not take any trouble about the deceased's goods after she was dead until a few days ago a report was set a,float that she had left a pood sum of money. Thereupon he made an examination of the house, but succeeding in finding only the sum of £4 10s. There were, however, five or six boxes, apparently filled with wearing apparel, and examination proved such to be the case. On their being turned out, the following, among other articles, were discov- ered Fifty-six silk and stuff dresses, 30 shawls, 108 nightdresses, 127 chemies, 29 flaBnel petticoats, 48 towels, 108 pocket-handkerchiefs, 84 pairs of stockings, a quantity of print dresses not made up, 42 ties and neckerchiefs, 60 nightcaps, 24 skirts, 24 aprons, and 23 dress jackets. Many of the ar- ticles were quitf new. In addition to these were found three canisters and a small chest of tea, a keg and a bag of sugar, and various other articles of food. Mr. Bown distributed the wearing ap- parel among some poor persons and the ragged schools of the town. POTATO DISEASE IN WEST CORNWALL.—The late rains have increased the disease in the potato to a serious extent. Great are the complaints on all sides. In some cases more than half the pota- toes are so diseased as to be entirely useless. This is a sad calamity to the Wr of the West, especially while depression in mining is being so severely felt. SINGULAR CASE OF DROWNJNG AND COWARDLY CONDC" OF LooKFRS-ON.-A yotiii, woman named Jane Elizabeth Brown, wife of the master of Charles- street Ragged Schools, Drury-lane, London, was drowned at Littlehampton, on Saturday. She was bathing in the sea lIear a groyne, and was talking to a friend when the water suddenly carried her on her feet and washed her over the groyne from the east to the west side of it. Her friend screamed for assistants, and six men were standing on tha green by the side of the road, but made no effort to save the poor creature. FROM A COTTAGE TO A THRONE.—The Empress of Morocco is a native of Chaley, near Dole, in France, where she was born on the 20th Novell ber, 1820, in a poor thatched cottage. Her name was Virginie Lanternier. She went with her parents in 1834 to Algeria, and the whole family were taken prisoners by the Morroccans. Her father was killed, and her mo her died a shoit time afterwards. The captors, dazzled by the great beauty of Virginie, spared her, and by a con- currence of romantic circumstances the Emperor's son fell in love with her and made her his wife. The Empress has since sought out and brought her three sisters to the Morrocan Cuurt, to which they are now attached. DEVASTATION BY LIGHTNING.—A storm a few days back broke over the Cote d'Or, France, and committed sad havoc in that department. The lightning set buildings on fire at five different points: at Persigny, Auxvillars, Votdenay, Pouilly- sur-Soane, and Brazay. A granary, a barn, and six houses were consumed. DYING OF THIRsT.-Strange to say, while water has been so abundant all over the country, there is one little spot where people have been dying of thirst. It is said that in the Lachlan back coun- try bodies and skeletons of persons who have perished from want of water are being continually found. It is also related that one man offered a pound note for half a pint of water, and having got it and swallowed, offered X20 for a full pint, so great, was his thirst. This may be an exaggeration, but still the story passes muster and is generally believed. The tract of country alluded to is the only portion of the colony where the rain has not fallen in large quantities.—Sydney Herald, May 23rd.
BRECON AND MERTHYR RAILWAY. HEREFORD, HAY, AND BRECON SECTION. DOWN TRAINS. I & 21 & 21 & z a.m. p.m. p.m. p.m. Hereford dep. 9 45 1 0 3 10 8 10 Credenhill y 57 1 13 3 22 8 22 Moorhampton 10 8 1 26 3 8 35 Kinnersley 10 lb 1 35 3 40 8 45 Eardisley 10 25 1 45 3 46 8 50 Whitney 10 32 1 50 3 54 9 0 Hay 10 40 2 0 4 2 9 10 Glasbury 10 50 2 10 4 9 9 20 ThreeCocks Junction. 11 0 2 15 4 14; 9 26 Talgarth 11 15 2 22 4 24 9 34 Talyllyn Junction 11 35 2 35 4 35 9 50 Brecon arr. 11 45 2 45 4 4510 0 Dowlais 12 25 5 25! Merthyr (by coach). 115 615' UP TRAINS & 2 1 & 2 1, 2, 3. a.m. a.m. a.m. p.m. Merthyr (by coach) 815 Dowlais 9 15 Brecon dep. 7 0 10 3012 45 5 30 Talyllyn Junction 7 1010 40;12 52 5 40 Talgaith 7 2210 50 1 5 5 55 Three Cocks Junction. 7 30,11 0 1 14 6 5 Glasbury 7 35 11 5| 1 19j 6 10 Hay 7 45 11 15< 1 28 6 25 Whitney 7 55 11 26j 1 38! 6 35 Eardisley 8 311 35 1 45j 6 42 Kinnersley 8 1011 40; 1 52 6 47 Moorhampton 8 22 11 52: 2 3 6 57 Credenhill 8 35 12 3j 7 10 Herefr.nl .arr. 8 45 12 15' 2 25 7 25 SUNDAY TRAINS.—A train leaves Brecon for Hereford at 8-0 a.iii., and 5-30 p.m., arriving there at 9-45 a.m., and 7-25 p.m. 1eturning from Hereford at 10-15 a.m., and 7-45 p.m., and arriving at Brecon at 12-0 a.m., and 9-30 p.m. Tickets are issued at a fare-and-a-half for the double journey, available for the day of issue only.
I BRECON AND MERTHYR SECTION. DOWN TRAINS „ WEEK DAYS. STATIONS. — 1, z, and o Class. 1, z, and o Class. STATIONS. — 1, z, and o Class. A.M. A.M. A.M. P.M. P.M. Brecon dep. 7 45)11 20 4 20 Talyllyn 7 55)11 35 4 35 Talybont 8 5|11 45 4 45 Dolygaer 8 3512 15 5 15 Pant arr. 8 45 12 25 5 25 Merthyr, by Coach 9 45 1 15 6 15 UP TRAINS. WEEK DAYS. STATIONS. I ~2~a^uF~3~Cl a SS. I A.M. A.M. A.M. P.M. P.M. Merthyr, by Coach! 8 15 11 45| 5 0 Dowlais or Pant.I 9 15 12 451 6 0 Dolygaer 9 25112 55| 6 10 Talybont 9 50| 1 30i 6 40 Talyllyn jlp Oj 1 5t>] 6 50 Brecon, arr.jlO 151 2 ()j 7 5j
MID-WALES RAILWAY. Mid-Wales Railway. jBrecon and! I Merthyr. | STATIONS. UP TRAINS. I Ir. m. Mer. (coach)d. r~~8T5 7.7 1145 Dowtais. 9 15 1245 Dolygaer 9 25 1255 Talybont 9 50 1 2( Talyllyn J. ar. 110 0 1 4< ClassesonMd-1,2, 3.17273.17^3 T-,2,. 1,2,3 WalesRailwa a.m. mixed p.m. p.lll. p. Ul. Brecon.dep- 7 15, 9 30 12 35 1 305 0 TalyllynJ.arr 7 25, 9 40 12 45 1 40|5 10 TalyllynJuc.d ~7~25 10~T) l2~ 45jF5() 5 10 Trefinon Talgarth. 7 4010 30 1 0 2 20 5 26 3CocksJuc.d. 7 45 10 40 1 52 30 5 33 3 Cocks Juc.d- 7 45 11 0~T 5 2~40!5 33 Bougbroo,l 7 5411 15 1 12 3 715 38 Erwood 8 6 11 35 1 25 3 32 5 48 Builth (Wells) 8 22 12 10 1 40 4 2216 3 Newbridge. 8 35 1 55 5 13;6 IS Doldowlod 8 45 2 5 6 28 Rhayader 8 52 2 12 6 3;6 38 Pantydwr 9 15 2 276 28|6 50 Tylwch I I Ll'.mVlWsarr. 9 30 2 496 50 7 10 JvIerThyif Mid-Wales Railway. I DOWN TRAINS. Classes on Mid- 1,2,*3.17VL 1,2,3 Wales Railway, mixed a.m. p.ni. p.m. p.m. Llanidloes dep. 7 5 8 55 1 (-4 15 Tylwch Pantydwr 7 37 9 151 If 4 32 Rhayader 8 2 9 301 354 5;- Doldowlod 8 9 9 40 1 4t 5 Newbridge 8 37 9 50 1 5f o U Biiilth (Wells).. 8 5410 52 15 5 3:; Erwood 10 20 2 3( 5 48 Boughrood 10 30 2 4( 1 bt 3 Cocks June. 10 38 2 4C 6 8 3 Cocks J uc. dep. I?)~38 2~45 6 8f7~ Talgarth 10 4g 2 5c 6 16| Trefinon Talyllyn Juc. ar. n 2 3 8 > 30! 7! Talyllyn Juc.dep 77 IT-2 ITTf 6~3< ~7. Brecon arr Ill I5|3 20 6 40 Talyllyn Juc.dep 11 35 4 35 "77 "77. Talybont 11 45:4 45 Dolygaer 12 15 5 15 D'wl-iic'for Mfr 19 25 -r»
NEATH AND BRECON RAILWAY. UP TRAINS. STATIONS. 1, 2, and 3 Class. -I I A.M. | A.M. P.M. I P.M. Neath dep.l 8 3011 5 3 20 Crynant 8 4611 17 3 35i Onllwyn 9 5|11 30, 3 50 Penwyllt 9 2o|ll 40 4 2| Devynnock 9 5212 5 4 321 Brecon arr. 10 2012 25 4 55' DOWN TRAINS. STATIONS. 1, 2, and 3 Class. A.M. P.M. P.M. P.M. Brecon fjep. 3 1012 0 5 40 Devynnock 8 40jl2 26 6 11 Penwyllt 9 20)12 56 6 41 Onllwyn 9 35 1 8 6 53 Crynant 9 5; 1 32 7 7 Neath arr.'lO 15| 1 38 7 23 7. Neath arr.'lO 15| 1 38 7 23 7. Printed and Published by DAVID WILLIAMS, at his residence 011 the Bulwark, in the -Cbapeli-y of Saint Mary, in the Parish of Saint John the EVil ngelist, in the County of Brecoc.S^3'URDAT| JULY 27th, 1867,
The debate in the House of Lords occupies in the Times of Wednesday 21 columns and a half. A leader on the subject in the same paper is chiefly devoted to a discussion of the able address of Lord Cairns. In the course of his comments the writer says, whatever may be the elements of the Reform Bill, it has the crowning merit of success and Lord Derby may congratulate himself that it is safe. The article concludes :— What effect the discussion will have on the action of the committee on the Bill remains to be seen. We do not apprehend much will or even can be done, and if, as is probable, the Bill passes with little alteration, we shall not be discouraged. For our own part we neither share the alarms nor the fond hopes the Bill has excited. It will pro- duce some immediate effects and will do some permanent good in abating the discontent excited by the exclusion of large classes from the privelege of the franchise, but its direct influence on the legislation of the future has, we believe, been over- rated both by its friends and its foes. From a meeting of the EefJrm League which was held on Tuesday evening, Mr. Beales of course presiding, we perceive that that gentleman and his followers greatly ohject to the Parks Bill now before the House of Commons, and wildly protest against the people being deprived of a playground upon which to amuse themselves, as they did 1 >st year. Mr. Beales evidently contemplates with anything hut philosphy the ending of his occupa- tion as agitator. The Reform Bill of Lord Derby, he apprehends (probably with good grounds), will be the death warrant of a professed English I demagogue. Our readers are aware that a Bill has been be- fore Parliament for amending the Acts relating to limited liability companies. The bill has been drawn up in conformity with the recommendations of the committee appointed to consider the matter. Among the recommended amendments are some to confer on companies, in certain cases and under certain restrictions, power to reduce their capital and to divide their shares into shares of lower denomination than that fixed by the original articles of association. It having been feared that the Bill might fall through owing to the lateness of the session, a deputation representing companies the nominal share capital of which is S20,000,000, waited upon Mr. Cave, of the Board of Trade, on Tuesday, to urge upon him to proceed with the measure, which he promised to do. Whether the amendments are all that are required we cannot say, but nobody can doubt that the public expe- rience of limited liability companies shows that the absolute necessity of some change in the con- stitution of this class of commercial organisation is urgently called for. 0 It would appear from certain proceedings with regtrd to the appointment of assignees in connec- tion with the estate of Messrs. Peto, Betts, and Co. that there is, up to the present, no great probability of the firm retiring from the Court of Bankruptcy. It will be remembered that it was last week stated that it was not unlikely that the bankruptcy would be superseded. Perhaps, however, the rumour was only set on to"t to check the pertinacity of the Liberals of Bristol who continue to urge the re- tirement of the senior partner from the representa- tion of Bristol. Unless something be heard very shortly in reply to Lord Stanley's ultimatum to the king of A by. synia., demanding the surrender of the prisoners, a war, it is thought, will be inevitable. An Indian journal says that the authorities at Simla, both civil and military, are poring over a large magnified map of the country to be invaded, and that before the end of August the Bombay and Punjab armies will know whether they are to have the pleasure of a march which doe-, not present greater physical obstacles than some which have been successfully accomplished in India. It is to be hoped that something may yet turn up to render the campaign unnecessary, though from present appearances there is little likelihood of any such occurrence. The trade reports for the past week, taken as a whole, are of a mo.t cheerful character. There is tt moderate amount of business doing in the textile manufactures of Halifax, Huddersfield, Leeds, and Leicester. But while the woollen trades exhibit an improvement, the yarn and cotton branches of Manchester show a slight falling off. There are also continued complaints of dulness from Bir- mingham and Sheffield, though, as a set-off, we read that the iron-making districts of South Wales, Lancashire and the North, exhibit signs of activity, and it is fully anticipated that the iron trade will continue to improve. A correspondent of the Times gives the history of a somewhat serious complication with the Government of the Viceroy of Egypt. Among the engine-drivers, on the Alexandria, Cairo, and Suez line of rail way a very large proportion are English- men. These men, who took service under the Egyptian Governaent, deceived by the promise of wages higher than those in England, not taking into consideration the more than proportionate ex- penditure, found that not only are these wages small, but that they are seldom, if ever, paid, while the other conditions of their contract were deliber- ately neglected. At length they were suddenly dismissed from their posts, and their arrears refused. Ultimately an examination by commissioners was agreed to, but their decision being favourable to the engine-drivers, the Government refused to en- tertain it whereupon the Consul-General deducted from the annual subsidy the amount due. To this a formal protest has been made, and there the matter rests for the present. It is stated that a reign of terror exists in Mex- ico, and that bloodshed is now the order of the da v. The impression gains ground that there will be in- terference on the part of the United States before long. The papers are paving the way by publish- ing doleful stories of outrages committed by Mexi- cans on American citizens, and the probability of a disturbance between the two races on the frontier is so strong that the Washington Government has thought it necessary to send a ship of war to the Mexican coast to louk after American interests. Another mishap to the Atlantic cable is reported. Mr. Charles Stewart, chairman of the Anglo- American Telegraph Company, writes to the news- papers to say that the cable of 1866 was broken suddenly on Saturday afternoon, and that the preliminary experiments give the locality of the accident at fifty nautical miles from Heart's Con- tent, where there is a very moderate depth of water,, in which the injury can be repaired with great facility. The Amercian correspondent of the Times says that the Canadian authorities feared a Fenian raid would be made on the 24th inst., and stationed gunboats and troops on the border to oppose it." No attack was made, however, and it is generally believed now that none will be attempted, as the Fenians are too much demoralised by the disap- pearance of President Roberts, who appears to have imitated his predecessor, and run off to Paris as soon as the subscriptions in hand made it worth his while to do so.