Summary Of News For July.

Bank met the same day , and declared a dividend of 2- \ per cent ., for the half year , out of their net profits , 19 , 656 / . 3 s . 9 d ., leaving a surplus of 7156 / . 3 s . 9 rf . On the 13 th of July , the East and West India Dock Company declared a dividend of 3 per cent ., for the half year , free of income tax . On the same day , the Norfolk Railway Company and the Eastern Counties Company approved of continuing the East Suffolk line , and of extending the Norfolk line proper from Fakenham to Wells . The South Western Company also met to consider the Bill calling on them to keej )

faith with the Legislature . A poll was taken , upon the question , which was kept open the following day and on the 16 th , and resulted in a determination to sanction the measure . On the 17 th , the Commercial Bank divided 7 per cent ., for the half year , with a bonus of 3 per cent . The same day , the St . Katharine's Dock Company divided 2 per cent ., and a bonus of 10 s . per 100 stock . The net profits of the half year amounted to 61 , 910 / . 0 s . 7 d . On the 18 th , the London and Westminster Bank divided 6 per cent ., with a bonus of 4 per cent , on the paid up capital , out of

the net earnings of the year , £ 81 , 089 . The same day , the Newport , Abergavenny , and Hereford Company agreed to raise the necessary capital , £ 20 , 000 , to complete the line from Crumlin to Quaker's-yard . On the 19 th , the London Reversionary Interest divided 3 per cent , per annum * among the shareholders .. At the meeting of Stock Companies held the same day , a sum of £ 375 , 000 was appropriated out of £ 72 , 624 9 s . 2 d ., the net earnings of the last six months' pay , a dividend of 12-Jper cent , per annum , leaving £ 35 , 124 9 s . 2 d . to the credit of thenext halfyear . On the 20 th , the Mount Carbon Mining Company authorised the issue of £ 15 , 000

debenture bonds at 50 per cent , discount , bearing interest at 7 % per cent ., giving the shareholders the oplion of converting them into stock at par ., for which , 15 , 000 shares are to be reserved . The Peel River Company met on the 23 rd , and declared a dividend of 1 $ per cent , out of the profits of the last wool clip ; the mining operations having been abortive . At the annual meeting of the Union Bank of Australia , held the same day , the profits of the year were reported at £ 238 , 459 8 s . 2 d . A dividend at the rate of 30 per . cent , per annum was declared out of the capital stock of the

company , towards which , a sum of £ 7000 was taken from the reserved fund to meet the additional income tax . On the 24 th , the Melbourne Bank , in a report of a tissue of disappointments , confessed that its liabilities , at present , exceeded its assets by £ 3 , 070 . On the same day , the Cobre Copper Mining Company , declared a dividend for the half-year , at the rate of £ 4 per share . And the Grand Trunk of Canada Bank Company reported an increase of their traffic on the last six months' of 1854 , from £ 72 , S 31 to £ 97 , 907 . On the 25 th , the Mexican Mining Association held its

half-yearly meeting , but the report was unfavorable , nor was the temper of those present improved , by ascertaining that a knowled ge of the progress of the working of the mines was obtainable on the Stock Exchange before the Shareholders received it ¦ officially . On the 26 th , there was a stormy meeting of the Mons and Manage Company , which refused to adopt the report of the directors . The original shareholders complained that the hack interest was detained from them . At the meeting of the Brighton Company , held the same day , a dividend of £ 2 2 s . per cent ., was declared on the ordinary shares of the company .

BENEVOLENT . ON the 3 rd of July , H . R . H . Prince Albert opened the new building erected at Red Hill , Reigate , as an Asylum'for Idiots . On the 8 th , a public meeting was held at Willis ' s Room , in aid of the Schools for the Education and Maintenance of the Orphan Children of Seamen and Mariners . On the 9 th , the Lord Mayor distributed ¦ the medals and other rewards granted by the Society . for the Preservation of Life from Fireto those who the

, , during past year , heroically rescued their fellow-creatures from death by that element . The Society , it was stated , at present maintained 43 fire escape stations , and could with an increase of £ 900 per annum to its income maintain 1-2 more , when there would be over the whole metropolitan area , a station at each half-mile distance . During the past month the members of the aristocracy have been engaged in a benevolent rivalry in the cause of charity and following the example some few years past set by the Duke of Devonshire , on the partof the Guildof Literature and Art , have thrown open their mansions as theatres , and concert rooms for the