•d The second half-yearly general meeting ;y the proprietors of the Colonial Bank of Ne E8 Zealand was convened to be held at the Ban' in ing House, Dunedin, on Wednesday, bi o f an adjournment was mado to the City Counc ] Chambers, where the business was disposed c j' Mr W. J. M. Larnach occupied the chair, sir t^ there were about 50 shareholders present. g. MINUTES. y The minutes of the general meetings held c '? the 21st and 28th May last were read and coi ' firmed. ' THE lIALI'-TEAKLY BEPOBT. ' The Chairman called on the Manager i , read the bal •nce-sheet.and.reijort for the pai l(i sk months. *" Mr Beal having lead the report and balanc g sheet, s The Chatrsian had only to regret to day thi h the hon. gentleman, who was President of tli rt Bank, was not present in the place occupied b ,j him (the Chairman), to give thorn the satisfai ]j tory intelligence that the Bank was progressin • t in -.every way that they could desire —in foci. beyond their anticipations. He had only t call their attention to this balance sheet an }> the former one to show them the progress th ls Bank was making. On the 31st Decembei ie after the Bank had been in operation thre :r mouths, the total note circulation was LBOCC n Now the amount of notes in circulation wa !B L31,8G2. The deposits on the 31st Decembu h were LS2,GI(J 153 lid. On the 30th Juno the v ware 1.182,707 17s lOd. Of that amonii ( j L 125,000 was bearing no interest, and tlier was only an amount of about L 59.000 on wide] & the Bank was paying interest. The account 11 to tho 31st December numbered 400; now the; !> reached nearly 1000. He thought that wa >■■ sufficient evidence to show them how substan c tially the Bank was? progressing throughout th c Colony. Apart frmn Dtmediu, at each Jocalit;. where ths Bank had buon established it liar s met with the greatest encouragement, and i 3 no doubt would grow with the future prow peri ty of the Colony-and it was sure to grov with it—and bo a great success. 