The Express. — London, England, 1852-08-26 00:00:00

• 113,▪ :n4 tAken place at the same spot on tlie li es wadi rrevi.uily. fl e merely . said that an on along the line fs. ti another train standing rap, en d au th e paw. • Linumd on the hank ; beard - at the neat Mattes that ' ▪ mime had got off the line. B e df„ra • company'e officer, explatned that this, 1 o culist occurred four ini.es b elow lb, spot named. mad ilist it arum simply from hoe . ailitt earriager. W i th the evidence of thin witness closed this protracted isit . r, ( • •,,roner sumo: up immediately, remarking at the n ewt .s the important nature of the cam, both se regarded t ke eh water of the witsesers, and the interest tootle the fu !; .: so d the c •opany had in the affair. His diva pr o . i , s ,J,l to rots-, into an elaborate review of all the Mee e m. fir , suss dant upon the accident, analysing ea he pro. „wed the contlietiew evidence of the wittiness ea to the • if it. In conclusion, he said that, supromiarc the rep ca :ati of the company to he good, if there nee sap.bing Melt .111411Ita hail nut dune the blame moat fan on the v ee my. I ehall oak tem, in the drat place, whether you 'cur , e i o n.sl that the ash pan his become detached in oft apiece of any detect that esiatiii at the time of sterna( ? toe think it am, I shall proteed further to ask yea vitiator thoe defects might have been removed a s at.. care OS the pert of the sensate of and, if you think so, perhaps you e e,t .ay chub of the sensate wee to blame. nuaindril the Jury that it wee no part of the of the company to point out the new of the sect g,nt hut he remarked, with reference to the isbatraetioa sti rod to by the witaessea, if there wee an obetniettoo on the tine and the contractor allowed lite saint, it would be e i hut se it the ash.pan was detective. l'amersgen were .1.61 . .4 at the mercy of the compaay ; they hart ao means ~o abed the tritinc•iltivi r or the gustal ; they were • t ettutt.t..ce in the todapsey, it was therefore ne-c i hle that the compute should do ell they could to c ure these pcoassigers se safely es was possible. flu fur tine &Roil that th.ra should be any distinction stasis as to mcod the Wit, of lint. 'swami, or third.clase pamengers; du sseepan) wan b mod to provide carriages of sisdiciest *No rth t the aitaty of all, though there might be dif armors m thr matter of comfort. If they were of opiaion Ow my particular forwent hail not performed his duty, the, would have •it retain a et:diet of manslaughter. the pin retired to cons:der their verdict it half-peat 4 • and at 6 o'clock they returned into court with the err ,l se t Wv ore unanimously of opinion that fir death of John Thomas Itriklinutun was caused in con woe,. of the mh•pen Assault been severed from the em cee. nut the cause of such severance is sot in evidence be fore do nary. - fro. I tient!. men, the country is much indebted to , ut I the perste. • you have rendered in this came—the vsnlict :cavi• themes wh.re it stood at the outset. ?tech hie been the termination of this protracted inquiry : et, 1, [diet at Coventry was • decmire expression of D: ,m; du v,rdict at Docker . slate is unmeaning. But M. m sot rimsrlAble fact in connexion with the inquiry was tLe re Pisa of the Coroner to call Captain Litton. o..u,pi ray. fled to do so by the relati•es 01 the deceased, ~,,i ft einite.e sf the valuable assistance which that gentle muiros4vred to the jury at Coventry. MITTLV; OF PORTUGUESE BONDHOLDERS. meeting of Portuguese bondholders was held r. 1 9, at the London ray. ma, Mr. Richard Thornton i r i i.diug, on the subject of the non-payment of dividends and 9„. i.eipined alienation of a portion of the revenues idreely pledged for their discharge es a security in a eon trait ti. 4 a railway from Lisbon to Oporto. The chairman recapitulated at length the history of the several lame, the roes IN osi which they were subscribed, and the sacridees the creditors had from tame to time been compelled to sub nit to. Among the most discreditable features of the eon &set of Portugal was the coadication of the bondholders' r ,„ l , rt y by the imposition of the double &clam tax, and the subsequent attempt made to palliate that indiction by rn boding t a reimburse them in a stock which was wholly un.aliahle a 'Kept at a dismount of about 70 per cent. Sioec thin the confiscation had been open and unmitigated, no acknowledgment having been modems in this form,and:the ilierant injustice so long con ti used was sow to he followed up by the al piopriatin of • part of the revenue given as sects • my for the payment of the foreign lone to the promotion of railway enterprise. It was contended, however, that this veld not be tolerated, and that • strong remonstrance ought at once to be made on the question. A report, reed by Mr. T. Thornton, detailed the measures adopted by the commit tee to unpren upon the authorities at Lisbon the necessity of punctually discharging the dividends; and the corres pondence which bad pared between the ambassador and the chairman showed that the latter had been unremitting in his exertions to elect that object, although without sue ens. A strong feeling was manifested with respect to the way in which Portugal had treated her creditors through out. and, while the advantages likely to result to the trade and progress of the coaatry from the introduction of the , railway system wields Its beenstariee was fully recognized, it was, nenselmiemt, segerd that the Wand absence of faith in edgiest lismelel essesememet geoid scarcely in duce a hope that fresh arrangements nimbi be attended with any better cocas.. The interfusing of Lord Malener beef in this open violation of honesty, it was said, could sot be too speedily sought, and, in seseslemee with the suggestions thrown out, the services of thelisk press in thecause being warmly eulogised, the ann exed resolutions were proposed and unanimously carried: Resolved, — I. That the conduct of the Portuguese government in their repeated attempts to violate their engagements with their foreign creditors and not paying the half-yearly divi dends du* on their bonds, for which the entire revenues of the kingdom of Portugal and its dependencies, as especially the duties collected at the Lisbon and Oporto Castom hones, are samodly plett swat unjust to those creditors, and • feeltitare of every principle of integeley sad boom ; sad that the setemittae appointed to wet* ewe the lateueet of dm, basdhalden is requested to make sash briber restemesesse to the Portuguese government in support of their dime as they, in then judgment, shall dews expedient. That the committee be, and is hen by requested, le ask es latentew with the Earl of Malmasbiary j bar Mteleit secre tary of state for foreign Aim, ak pelowipi , sad tedt lin the swat fist which they have already made, the olefins Vida they at pi', sent have on the Portuguese goverunnt mal the Uliosticc with which they an eset, to /squat Me lied ship will be pleased to afford then his sisskie erideses ha obtaining an equitable adjustment of the ems& IL That the list thanks of the main be tem/end to the press, and i•peeially to the learilai mershri say jsrmils. for their Liedeb:e ciertions in the eases efthe iejsrei bead- IPAclen. and fur the steadfast end slog adielleigedtheir just and most sacred claims, and the Nassliss buss the sane praiseworthy support will he *satirised until redress o obtained." THE LOBOS ISLANDS. TO Till ZDITot Or TOO DAILY /WIWI. Sia,-1 have copied the following from ate" SuFp *mat to the Ones Historian, Geographies',o- peal, and Poetical Dictionary," by J. Collier, AM., plated for Henry Rhodes, at the corner of Bride-lane, kleet.street, in 170.5 •• Lobos, an island in the south see of America. It Hoe Is the soothers latitude of six degrees twesty-bat and a hoe leato distant from the main. 'Tie celled Lobes es Is Mu to distinguish it from Lobos de la Terra, whirl los hearer the main. Lobos or Lora is the gpaaish MIN for Hal of which them its a great plenty about these 1416 , 15. - -Dsaspier, Vol. I. I usable yes with this carnet is esasequesee of your observatioas oa the subject in the "mosey article" of this day. What because of the dais to discovery set up by Steadies ? I as, Re., Amon 24. R. B. lif tlll IN • POLICE CELL.—Yesterday, Mr. held se 'wisest at the Cellars Arms. 0011•V -tawden.tewn, is the bed, aka man valuemera, &bee' t, years of age. H. Hell, pase4oastatio, 11{ 8, 'tat. !t. it at Me o'clock on Holliday @maw he MEd de t... • .ying apparently drunk ea the parewiest in Little lousummd-street. He was iasessible to a Breit deem, et,:l was able to sok for water. Witness had Idea ems nerd os a stretcher to the ststiewhoese, where be was sins his beck in the cell. He wee them eibleseeless. At ,acct o'clock a great change for the woes Isehlinee be his appanage. when be was removed frees the eel he the I and Mr. Sraelley, the poliee•sergoos, wee sest ther. lir Jean 84ftelleir yid that as saw as he was lest for se Monday ev.ning he attended who had him twenty minutes dead when he entwed. 11pea spot esamisatioo h.- fussed that death rushed bees eztreausedee ct band on the Wale, produced by the rapture of a bleed ^eel. but he could not say whether the rapture wee by violence, dnnk. or natural asses. Yeoman: The 1. , ." we very culpable for not having et ease swat Ise the nee.ne. They are too much in the habit of aselariaa **.rr person drunk, whom they Ind iasesslble is the *Ont. Many fatal results have, 1 feat, tamed such Lie.y non Jammu. termer—When a paves it bead in seeible is the otreet, a medial men should be instantly met tor, me it is very dilleek to disti=smellitla= Neel or comtntiou of the basis mil eleceaeed trees in the tint imams bled, Is main eidesill haw. le en preventrd, and disseired's IA wad. la case of recessive drools...nese a surgeon abeald Malted IL for they are very dangerous ; and instead of hole to se thr thor, their heads should be bop is climbed poems. lir. Eraser observed that they Wen raver 11 . • for medical relief for they had been regielmmedel y the com m i sesonen of police for going to sea 74 jury returned a nerdist—" The deemed died= elistom of blood se the brain, by the rupture of a tisk h..... but how that wee mimed there is no evitbase P" ' The jury also requested the coroner to dean IM eteleem of the police easeraisekwers to the await, of the I*. '"'' Providing immediate Reread aid in all Geese Wails: .e elarte ; with which request the eareser iseadeed 1. 1 or TllP BRITISH Musar,.—YeßMAlF let ta aft, leased by the Trustees that the British Ilmeme be limed on edneeday seat the let day of Repeasb , " It itt ,posepur of being cleaned sad receiving addideas. ln pened to the publi• cis Tuesday the 7th of erCether, at In o'clock in the • , : 3 DON AND NORTH WESTERN RAILWA T.-- h of befbe foe the week ceding August 2/, 1862 :- 3.72)1efe. parcel , carriage*, bones, and .A. rel.; merchandise, 17,979 i. 2n. ; cattier oa k 12s. M. 62,90491. lib. Bd. lßyt 4 ".__.926 1 . 7s. 7d. Ditto, 1861, 61, C 1 e gn. 11 2. 1• I "' flu e: 18.50-4 01,0011. Ile. Td.; 1861-512,8861.101.9 d.; la. Od. RAILWAY IN - TE - LLIGENCE. 11 --• EASTERN COUNTIES. Yesterday, the half-yearly meeting of the ahar4- holders in this company was held at the London Tay an, Mr. DAVID WADDINUTOM was in the chair. The attend. sate was numerous. The usual prelimisaries having bean complied with, and the report (which was given is the Express of the :Ist instant) having been read, the accounts lasing taken as read, The CHAIRMAN said, that it was his duty to maks some observations upon the report which they had just heard , read to them. It was the anxious desire of the directors , that the shareholders should know the exact position of the company. Although their receipts had be en increased to the extent of 24,2831. 4e. 6d. over the corresponding half of last year, still he regretted to say that the increase from passengers was only MOi., leaving an increased receipt from wale of 24,0001. tie attributed that increase of traffic to the arraignments and negociatioas which they bed entered into with other cowponies, to the advantage alike of the public and the proprietors. It was gratifying to And that the expenses of their locomotive and car riage department. hod been greatly reduced by the beseficial system adopted by Mr. Oooeh in working oat what was celled "the renewing system," and he d:.l not hesitate to say that their working establishment was aft 'newly accomplahed at • reduced cost. There was also a saving in stores this year of 9,3231., or nearly 60 per cent, and iu the expense of stationery. he., 2,4401., and that without in any way diminishing the efficiency of the eima pay. With respect to the expense of the way and works, they were aware that a fund of 8,0001. had been set aside es • depreciation fund, but their superintendent now in formed them that that sum would not be required, but that is lieu thereof they should set aside 901. per mile per sa sus, which by adopting • system of 4. liehlotiatiar would be amply adequate to eunble them to keep their permanent way without infringing on the proceeds of any half yea. H. regretted that the East Anglian had nut bees able to hand in their accounts in time la have them placed before the shareholders, bat he was glad that he was in • 064M0 to inform thins that the net proceeds In the half-year were 8,4001., while the guarantee of this company for that line was 8,6001. So that no lose could be spprehended, while great incidental advantages would accrue to this company. With respect to the Newmarket company, they were in • condition to pay them off by pay iag 161. per share, if the shareholders thought that ad visable; or they had the option of paying them under the arangentat sanctioned by an act which was passed in the last eseekia of parliament. This was the time when the Great Northern Company were wishing to form a com munication with the Newmarket Company by Cambridge, and, if that had been dune, the the Gr ea t N or th ern wou ld eventually gut into the heart of Suffolk:and Norfolk, and r would not only bare obtained possession of the Newmarket line, but would have encouraged the Eastern Union to aggressive system of policy towards the Eastern Counties. The resat woull have been most disastrous if the Newmarket line had not been taken sad made a stopgap. The Great Northern Company, finding themselves checkmated on that point, termed their attention to another, end that was to have the power of running over the Eastern Counties line from Peterborough to Wisbeeh. The Eastern Counties arranged with the East Anglian Company, by which the Great Northern Company discovered it to be its interest to cease seeking to work over the Eastern Counties line, and to stop , short at Peterborough, so far as regarded the right hand of , their line. The Great Northern, finding that the Eastern Counties had obtained possession of those two important links of communication, at last turned sttention to that peaceable policy which the directors of the Eastern Counties Railway had long ago recommended, and the letter then met the Great Northern Company in that spirit which ought to actuate men of business who were desirous of pro moting the prosperity of soy undertaking committed to their charge. (Ilear, hear.) Tho result was, that by de priving the Great N orthern of the means of mischief, they were enabled to make a fair and equitable arrangement with that company. He made these remarks because he thought it desirable to 'magmata the whole of the interests to the right of the Great Northern Railway for the purpose of de veloping the trade of the whole of the Eastern Counties' district. Let them amalgamate where they could work is unison, and where the public interest would be pro moted by a fair interchange of traffic, but let them not, to annoy a compsny, keep up in competition a line which, in periods of great excitement, was intended to be a competing line, but which has ceased sines to have the power to be so. This had been the coarse pursued by their d.rectors, and he believed it had been the means of putting into the man of the Eastern Counties Com pany the increased mum of 24,0001. (Hear, hear.) This could Dot have been ethetsd if they were fighting and quarrelling with their seighluars, who ought to be their allies ; and the system of Wein ad the olive branch to those who ought to wadi is ammo was the best for all parties concerned. (Hear, beer.) The boa. chairman next adverted to a paragraph Is the repel Mlle dineton of the Eastern Union Railway, in whist' It was said that the genera Counties Company were not over a in diverting the traffic from that line, and, after = 1 74 8 1 the Eastern Counties Railway from that iodination, ad verted to the proposed new Me from Ilford to Tilbury and Southend, a detailed dolman of the preswidiwp con nected with white, already publicly known, be gamto the meeting. After the Rae amid be seeemested by the con tractors, he said that be* the lessees Counties Railway and the Blackwell Railway, on sae of them, were to work the traffic at • fair rate of charges, and he recommended the meeting to give to the direetess power to obtain the plant necessary to work the work the line. He was convinced, looking to the district and the member of people likely to ' proceed by the Rae, not only to Gravesend but to Margate, —for fast Memmers to run UMW were to be pieced ea the station,—thalt **mass of trale which would he created would be ealmiffling. With respect to the line to Harwich,the Editors Units Ommpsay had held oat hopes that that line was about to be sisMeaseed j ad he had mewed a coin inunieation widths t• hst we dip elish hh no doubt that within • fortatsht the weeks would be la active sea erniciion. nrseemespletod, that Bee, whiskered= palmist. re from Botterdaa, Antwerp, anti the principalities of Germane, would be one of the meet tith. portant feeders to the klastern Counties Railway. (Mar s hear.) The Victoria Docks were to be ceastrasted ea the line at North Woolwich. Judging from the piemima al the dock shares it seemed to be one of the begi the day, and, ilia, it must necessarily add Mme Of the Eastern Counties line. (Hear, hear.) hlaetbden, he trusted that the proprietors would give the Abeam credit for doing all in their power to promote the iamb of the company at large, and that they would tepees ha the directoly that sunbeam which would enable themes week effectively he the osmosta istarest. Mr. MUM= Roadies Is a dement) mid he had to eater his usual preemie wiled the simewale. Dr. RILEY abed whether the Waft ea the Word and Tilbury line wadi est lofted's* with the Colchester teas. The CHAIRMAN end he Wheel NM In amyl, to further geseises hem Dr. BILIT The CHAIRMAN MI they weld net bold the smelly at an earlier data booms the asseante weld net Mpg reedy earlier, They bad the meensts audited by Ball, rad Co., la seder that Me pudic might have dance in them. Mr. HELPS tbma reseeded he address the meeting. Is (erring to the sesese a es the bemire of the Rest Amain direness, he maid that the below e WY ROW ikelseysd, immesh ss the ass sleeted tese-Mirde of heir beset. Them wee maw de C=lllas the beard net ashen their eke*. Rem 1 0sweeles derrehilims sad he t. weer Me abameeleaes. AM the w p b made Ile dim of Newt to it up ves=sews b dmIR tar di sAgsgrAgr cgicurced elissi‘ bis ens indivilwg *Wu favours** dm saggsadas, sad sedertook to p = matter WINN*, based. Re wee desidedl for baulk, awl it direseem their c i e dims Ar • time-•hs em, la the g il t IfriNwadi bs dime to am. (Hear, bear.) MRIMS this peessedal with emend remadm The men he swede' as the men satidsetory they bad het for seam sad he also semidmed the magmas* of the ebaiwa clear see (bear, b a l ai —e ti se have e waseelead the year, the rr year, was a mem ,• the immit 'pest media le the management Be highly approved of the pies si paying; dividend on a Ind day ; laud if that arson WWII waver sally adopted by all campmate, railway prepares wield be considerably . improved. With mord to that peed= of the report relating to HlLfWildh lbe - bai le ray Mal he everything would be dose amble that lise!V believed Harwich would prove another Brighten is the end. (Hear, bear.) Mr. BOX put questions to the sheirmaa crepe itiag a compressed air samhiae, which he desks& to see toisd as thethem ales Counties lam as • loosmothe er, mil also respestisig the meemphese Mats en the lite, his opiates bring,, that as Mese wield bens te be mode en that line belt whet they wee* by Oeishamemr, the Odshester traffic would agar. The CHAIRMAN said there wee • resolutio• of the =I that way lbw through whose heads maw pared give sesseley, sod they preferred inking the merit? fine er ether of the gumshoe ermisehm With s to the trail. hem Med, be believed It would be a new treie. It was a gent raised* is suppome that the Coi tal!~ Malls weal! eider. With ',Arenae to the com pressed it eagles they had ahead, impeded 201. is a teal, and es for OW it • Mow Idol it was not merely • quads. of an angles but of opposatus, and they would have le expend, seerdias so the pewees own estimate, Mlle did net think Mt emspaay should sped 3,0001. Big Aglow (Hee; beer.) Mr. II'IJUIZN observed Met the report stated that wades arena eheemeneess Oa 11,000 E per annum paid to she Newmagebet Ommpany Wield seam. What were thoe• I _ _ IsodThe CRAIIiMAN said is the swot of the Nowsistet 13wel Lateaeisa &adopts( a asolle spa the Mos from Nessest to Cowbell's ' s; te!! asffielf•ted bY ibl o = I ters, Um the roesills ups rho Poomorket arid ford late weld be so laineold int Ohoi NK pee trout would he isalsolly diallishod issalsest of *ate Wig is • position tram the rewasse of rho oomporly W pup Mime per cent Mr. M'LAREN observed that he did sot see bow the Tilbury and Southend Railway was to pity, seeing that the lime was 36 wills too", and would require 72,00 W. for roll ing seek, sad we tares were only one-third of those of this company. The CHAIRMAN said Mr. Gooch told him, bat sot officially, that they would be able to work the line by an outlay for engines sad carriages, of 30,0001., but the mosey they laid out they were to be paid foe In working the sae. A Sic AZINOLORIL asked foe aa ezpissatiaa 1,826 i. paid to es Midland Company. Teo CIl4llO3Alt explahnd whoa the Groot Nor- THE EXPRESS, !hem were reeking powen to get to Peterborough, and I It. eras thought that the bill should be opposed, it was arranged that the Midland Company should oppose It. In doing so they incurred this expenditure, and this cowpony tepid it, as it was morally bound to do. The motion was hen put, sod unanimously passed. Mr. litilnKT then moved, and Mr. Nerealt seconded a rote of thanks to the c . ..esrman and directors, which also I passed unanimously, and tete meeting than separated. THURSDAY EVENING, AUGUST 26, 1852. Grimsby, the "North of Europe Steam Navigation Com pany." The works on the Warrington and Altrincham line wen progressing rapidly, and on their completion an increase of traffic might be expected ea the Manchtster South Junction and Altrincham line, is which this company were Interested. The opening of the towns line of the Great Northern Railway had abstracted about 6001. per week of Mlle which used to go over that part of this ins. y's line between Retford and Sykes ; bat Ibis heft est heed felt so much as it might have ban, owing to th e feeneme hi the receipts Hose um opining of the Grimsby Dere. On taking the ophtion of eraesel, he bad hew itendlemed In the opinion be bed sumer at the spend mostiog he May last with referees* w the 61. prefer ence @bares, that they had a priority Oilisia to dividend over the 101. preference shares, and their arrears, He thought thrummed's which had bees suede with refer coos to theme anion—that it word be well to capitalise tber—was well worthy of enesideration but that was a anise* which mud not be originated by the directors: the preference shareholders orght take up the proposal. Me osubeded by moving that dm report of the directors, eat the hotearly statement of accounts, now produced,nurird adopted. The motion Meng been seconded, Mr. J. 11. WOOD, of Sheffield, repeated his opinion, expressed at • former meeting, that the directors had acted wrung in reference to the 101. preference shares. The act creating the 6!. preference shares gave them no retrospec tive preference over the others, and the arrears due to the 101. preference shareholders at the time they were created ought to have been paid before the N. preference share holders received anything. The CHAlRMAN—Unfortunately we are at issue upon that point ; and we have only done what is legal. In answer to a question from another kittaeinoLona, it was stated that Mr. Lloyd was the counsel whose opinion had been taken on the subject. A SHAREHOLDER reminding the chairman of the promised explanation with reference to the errors in the accounts, Mr. ALLPORT, the general manager, said the errors were in three distinct items. The first was an over-esti mate of the (treat Northern mineral traffic which over this company's line between Retford and 171: d e up to December, 1861. Previous to the open ing of the company's line called the Sykes branch, the Great Northern traffic was worked between Raiford and Gainsborough, and then passed over the Great Northern's Lincoln branch, a distance of ten miles, b this rompany's line. lie believed the Sykes branch was about 18 miles, but, to be on the safe side he gave instructions th a t the amount paid by the dreat Northern Company over the ten miles should be taken as the amount due for the 13 mile,. At the opening of the Sykes broach the Great Northern Company refused to render to this company • return of traffic, sad it was of cosine important to take the beet means of estimat ing its value. The charge for the ten miles was carried week by week into the oomproy's accounts to the credit of revenue for 14 or 16 mouths ; but when the accounts came to be settled it wee found that the Great Northern Company had carried their mineral traffic at so low a rate that this company's proposition for the 13 miles was less than it had been for the 10 mike, and that the value of the traffic had therefore been over estimated. The error then produced amounted to between 3,0001. and 4,0001. The second item was also connected with the Great Northern traffic. The clerk whose duty it was to copy the accounts against that company for _passenger traffic entered them weekly to the credit of revenue, until a settlement was made with the Great Northern Company, and the clearing house was advised of it. They, LB • matter of course, divided the traffic from the commencement, in August, 1850, and sent down to each company their division of the traffic. By an oversight of the clerk, the grow sum was entered in the company's books to the credit of , so that the same amounts had been credited twice over The amount remained in the books as outstanding to the debit of the clearing house until the error was discovered. This error extended over a period of about four months. The thin' error arose from an oversight of the same clerk. In the year 1860 he (Mr. Allport) arranged with some parties in Sheffield to cart goods to and from the station—being the Liverpool traffic of this com pany. They were to charge le. Bd. per ton, and he advised the clerk hose duty it was to keep these accounts to deduct them from the montLly accounts previous to car rying to the credit of revenue the Sheffield traffic. This he unfortunately neglected to do, and the accounts appeared as outstanding debts. When he (Mr. Allport) pressed for • settlement the error was discovered, and the company had no alternative but to at once deduct the amount from reve nue. He might explain that the current accounts bad got in arrear, whilst an examination of past clearing-house account' for a period of nearly five yeah, which had been improperly Settled, proceeding. Thes accounts were new all worked up, and he challenged any compare y in the kingdom to show that they had • better system of keeping accounts than was now pursued in the offices of this corn. pang. The clearing house accounts alluded to in tl e mutinies' reports would be settled in the course of the week, the only balance now remaining being St or U., which was as likely to be in favour of the company as against it. After • lengthened discerns, and some questions as to account, of no public interest, Mr. PETO, M.P., said complaints had been made that this hue was not worked so cheaply as other liar, but it must be recollected that they had higher gradients than other companies. A luggage train, which required three engines out of Manchester to Woodhead,would drown by one onetime° the Loudon and NorthWestemoind there must necessarily be a greater expense in working expenses on this line. As regarded the Great Grimsby Docks, the I roprietors must not expect a great trade for them to be developed in a few months; it would be more reeeemehle Inespeet it in six or seven yenrs, He arsred the obrolubles that the dime= hod dose their start to poorer the rum ere Dooley EU enema error but formed a sups, (Omagh usable se yet me ream a elioner), owl purebred three rebels me trade to the cadres% at • east of wpm., end the time in that dilution yr fist increasing. Theban. porters angered that as the arrears on the 7; pee most peellessem Aims wen isorerift. it should be • matter for the peerless= to ememiler WM ter by imitating the 7 per teat. peewees, Mike le the Caledonian line, they could not Wpm* their priors by reducing the inte rest upon them to about 4$ per sat., sad put this sugges tion on his own reipeneibilaty, and not on behalf of the board. The diresten would feel it their duty to do every thing they could to pay of every shilling of accruing interest, but the question was, whether by a timely and just concession the 7i per coat. preference shareholders would not better their own position, at the sense time they bettered that of the old shareholders by each a warm. He believed Mr. Allport, their manager, had done every thing possible to improve their traffic ; there were many diflcul ties in the way, but he felt sure of one thing, that the Home of Commons could not much longer cement that the traffic of this kingdom should be made the football of one company sad another for their own good in injury, rather than for the good of the community. (Applalleo The proposition with reference to the 7; per cent. stock led toe long and angry discussion, with erne of " repu diation," and other harsh terms, each speaker for some time persisting Is attribsting the proposal to the board, not withetiodhog repeated disclaimers. Mr. PET° explained that the proposition erne from one of the largest bathos of the lecithin questioo. The report was earned after about three hours' discus sion by a large majority, On the motions of the C 11•11.311•11, the forfeiture of pertain shares wasconfinned, and power given to the hoard to pay Not. per annum to avail therrelyes of certain powers min the Humber Conservancy Act. The meeting having been made special, Mr. Fumes moved; that the meetings be held alter nately at libeliald and Manchester. The motion, however, was negatived. A vote of thanks was given to the chairman and the board, and the meeting separated about a quarter before ftm o'clock. • the 28th of May, and the contract for the works ban been let to parties of experience and acknowledged responsibility. The electric telegraph is in operation between Bristol and Exeter, so that telegraphic communication is now rata. bliahed from Bristol to Plymouth, London, the north of England, Scotland, and the coutitient of Europe. The engineer's report states that the works of the Yeovil branch, which were commenced in June last, we in progress at various points, and, as soon as possession of the necessary lands can be obtained, the works will be pushed forward, so that the line to Yeovil may be opened in August, 1863. The way and works of the mainline and branches are gene rally in a satisfactory condition. 1. root the statement of accounts it appears that there is a disposable balan.ie of 64,0041. ; that the total receipts on account of capital to the 30th of June, 1862, amounted to 3,431,7941. • and the total payments to 3,026,361/., leaving a balance of 406,4332. The revenue account for the half.year gives a balance in favour of the company of 63,628.. NEWMARKET. The half-yearly general meeting of the share holden m this company was held yesterday at the London Tavern, Bishopsgate-street, Mr. Commissioner Inns is the chair. The Sac TTTTTT read the following report: .• The last report announced the opening of the branch line to Cambri c . The effect of that measure in improv ing the revenue has been considerable, for whilst the ordi nary was only 3,6331. 10s. 6d., that for the corresponding period of this year is 4,6181. 2s. 4d. There was a similar improve ment in the quarter immediately succeeding the opening of the lion to Cambridge, on the 7th of October, in last year, and there is, therefore, every reason to anticipate a like im provement in the receipts for the ensuing half-year. The l aecounts for the last half-year, which are apfended, chow a balance to the creak of reeenue of 3,7351. I,a. 6d., out of which the direeton recommend that a dividend at the rate of 2 per cent. per annum shall be declared, amounting to 3,6001, which will leave a balance in hand of 2561. 17s. 6d. The bill promoted by the Eastern Counties Company, for obtaining the sanction of parliament to the agree ment between them and this company, received the royal assent on the 28th of last May. That most beneficial agreement is sow, therefore, a binding and per manent arrangement. The directors have great pleasure in stating that its spirit has been always fully carried out by the board and °fetters of the Eastern Counties Railway. The directors stated in their lust report, that they bad a bill before parliament to revive such of the powers of the Ex tensioa Acts of 1847, as auth,rised the company to make a railway from Newmarket to Bury St. Edmund's, and they have great pleasure in announcing that, notwithstanding considerable opposition from rival interests, their bill re ceived the sanction of parliament as a measure urgently called for by the wants of the district. The value of thus line must he appreciated when it is considered that it will make • continuous line of railway from Ipswich and the eastern part of Suffolk, to Cambridge, and the north and west of - England, will bring the important market town of Bury St. Edmund's, and its population of 13,000 inha bitants, many miles nearer to London, besides giv ing them en easy communication with Cambridge, and will facilitate the transfer of lime and coals to districts greatly needing them. The increase of revenue which will arise to the Newmarket shareholders from the making of this line is obvious, and will no doubt ensure a dividend tn them of 3 per cent. per annum at an early period after its oomph Lion. The parliamentary estimate fur making the lino was 121;5001. it was framed miner special directions to err, if at all, on the side of excess. Subsequent events having satisfied the board that a much smaller sum would Bunke to make the line, the shares were reduced from 121. 101. • share to 61. CIS. by the act lately pawed, and thus the liabilities of the extension shareholders are greatly re duced. The board hope to complete the line in little more than a year. Mr. Jackson has made a tender for the works, and asst is considered moderate, the c .ntract will probably be finally settled in • few days, and the whole work will then be prosecuted with vigour. fbe directors hem they may be permitted to cm. gratulate the peoprielers on the improvement in the state of their affairs, fliaa the present board assumed office in Aug. 1850. The Weed line is now completed, the extension hoe be Dory leTn progress, there is • balance to the credit of femme, sollelent to justify a dividend at the rate of 2 per coat. pee swum, and there is a balance to the credit of capital ef nessly 13,0901. They trust that the success which has attended their past efforts will induce all percoas to re pose emildenee in them, as to the future, and give them their Mimes support in carrying out the extension to Bury, which they ere fully convinced will am* remunerate the parties wise mein in making the line. With reference to the extortions, en amount has been prepared statiog eve-, item of menet and payment, which is open to the inspection of my daraeholder theirous of examining it; but, in conie s( the We beard not having kept a separate account frame the lenunancesseat of the expenses incurred en behalf of the original and extension lines, there is some little difficulty in ascertaining exactly what payments ought to be debited to each fund. The subject is being investgated, and the result will be communicated at the next half-yearly meeting." The capital account to the 30th of Jane showed that 437,2921. had been received, and 441,6751. expended, leav ing a balance of 16,616/. The revenue account for the half year ending the 4th of July showed that 8,2381., including 9421. from last account and 2,6001. contribution from the Eastern Counties Company, had been received and 2,4381. expended, leaving • balance of 6,79%, out of which is de ducted 2,0435. for interest on loans, leaving 3,7651. Tim Cuttawate in moving the adoption of the tern, said it was • great satisfaction to the directors to be ab • to present to the meeting a report which showed • balance of 3,7651. to the credit of revenue, and a balance of 12,616/. to that of capital. This enabled the directors m. propose a dividend of 6s. a share for the half-year, which was at the rate of two per cent. per annum. Certainly their position bed been greatly changed since August, 1850; then their railway was abandoned, now it was in full work. Then they owed enormous debts, now they owed scarcely anything. Their 261. shares would aot fetch 11. on the Stock Exchange, now they could not be bought for less than 121. 10s. The works and draw ings fur the line between Bury and Newcastle were now complete, and Mr. Jaekson bad made a tender for the whole work, which enabled him (the chairman) to an nounce with undonbting confidence that the works will be completed for less than 100,0001. (Hear, hear.) Could there be a doubt that they would have a revenue sufficient or • handsome dividend on that sum. The average revenue an all the public railways in England was 401. per rails per week throughout the year. Could be (the chairman) be wrong in anticipating 201. per mile per week for a railway uniting such popula done u Ipswich, Bury, Newmarket, and Cambridge? The revenue of the Norfolk line was about 241. per mile per week through the year and that of the East Union 271. per mile per week, div iding the Norwich traffic. Could he be wrong in anticipating 201. per mile per week for their line ? Surely not. (Hear.) Then if they had 201. per mile per week they would have a revenue of 14,6601. • year, which, after deducting working expenses, which cught not to exceed 4,6601. a year, would leave 1 0,0001. to pay a dividend ea 161,0601. In conclusion, then, he would say that every poem wise has capital to spare, and was des seat either Omer ffag the prosperity of the district, • hmeffekti himerifoieddi mite leewardmai to assist this important WM& mold ME the only re ning liak in the chats of sethembellen frieribe East coast of Betroth to the Wset and Here of Eagliemi. He had given himself entirely te ties emsiiseallem of the subject, and he was anthem& that Owe wee se defter in taking part in this MOM he they weld be able to pay a dividend which hod WWI been heard of in any district in the east of r4l l to a questioe, The CHAIRMAN said that the Newmarket shareholders were entitled to dividends on the Newmarket, and the extension shareholders upon the proceeds of the estemien. The chairman also stated that the new line molt be opened in about a year. Nablus bat the dethieng ar of funds would check it, which mas were two considerable works Waded b Ys i 0 the Burrow Bottom, which would take mere dins than ex pense, and also the tunnel tbeengh the Warren-hill. A Pnorairroa said be we. Sot orgy a party to the extension, bat when be Mad hew lathy therm the chair man had taken, be felt bond to take NNW shares him self. (Hest, hear.) The rigid unani rep mously. ort bay* been esethisd, was then pat, sod car -1 he CZAIRMAN *OR MNIM/A—.. That a dividend ern. an every 261. be declared mat of the set profits of the cm peny's revenue for the half-year ended the 4th July last, and that the same be payable en the 6th proximo to the Proit ns" ko. BALL essarimi the theritatien, which was also carried. _ _ TM Camisole's saidl,la relkeestee Ile dr heed debt, that it had to run far MGM reek awl ibepeat peshability wee that all We would be to by the Neaten Counties be as when they took the Mae they would take the &hea -1 taros also. A vote 4thinka having:rammed to the chairman and directors, the meeting m , SHEFFIELD, AND LIN COLNSHIRE. t Tho me V s :if-yearly meeting of the Manche.. r ter, sad Linooinsh ( re Ra il way Company, was held at r yesterday, at 1 o'clock, p.m. 'There I was a summa attimimo of poprioion. Tho Earl of I Ifaanwailesseat ' A essmagg i er I m e L o report has are* opyearod in the _ Itself wee taken es mad. E C is tollis =.)IAN, in opening the proceedings, refenrod to Ems snore in the accounts, extending over • period of dm or Ave years, which bad been recently dia -1 covered. As tom am their amount had been ascertained, it woo t better to make the shareholders fully with the whole at ono., than to spread it over ether halfyean. From the explanations given to the directors by the general manager, it eppeared that them Ivrhad chiefly arisen out of mistakes made by a y diamond en bia rewiemd to mother deport ment la as halm ozpimmlimis wen inquired by en stmedwillorn, bo would ea opon the gonsrol sawn to gin thus. lb was afraid that isms of thins who had WOW in too zEuine espootetioas, with rapist to the alba Grimsby of the of the Gmsby hocks ow the lolls of Ohio eispoop, d have been dis appointed that the results had ost sauced their anticipa tions. But If lbw somidlesod t ehog* of time that wee tinesery to develop them w obs. uses who used lo w go to Boil bows dist them won epee for them at Ormsby, they wadi wee with him that the beneficial effect, of them wades Odd not be so Immediately experi enced as he Mad too may hod @anointed elms He was however, glad le he Ale tie amuse them that the trate from Orimeloyeasinsweadwi weak by week, os well as that by the drionwo from Osintsby to the Osatioent. Lines of mosso were sow sailing bon Orimsby to Antwerp,Sietterdem, end llorablug. Si.. of the dlsostors sleet Ibsen demon. thaw that It • would mot he rbeen right to wait until her memoir same to Grimsby to do se. Es had exerted lAmesill, la connexion with two of his sollsognos, in forming. eampany which, lse was gla Ito my, was Ultsly to bring • very krgo trade lo WEST LONDON. The half-yearly meeting of this company was held yesterday at the London Tavern, Mr. S. Bird in the chair. The report stated, with regard to the position of the read ing law proceedings against the London and North-West ern Railway Company, that the directors ware glad to In form the proprietors that the bill of exceptions tendered at the trial in February last had been duly signed by the Lord Chief Justice of the Court of Common Pleas, and that there was every reason to expect it would be argued and dispeeed of before the next halt-yearly meeting. The directors were also happy to say, that they felt justified in stating that nothing had occurred since the last half-yearly meeting to change the opinion of the counsel of the company, hitherto so strongly expressed as to a favourable result. The total traffic on the canal shows a decrease compared with the last hal-year ; the traffic to and from the railway shows a decrease also in both eases. From the railway to the canal the decrease is 8,626 tons, and frolic the canal to the railway 4,938 tons ; this arises from the circumstance of the London and North. Western Railway Company having almost wholly removed their traffic on to the Kist and West India Dock line. The receipts on capital account amounted to 295,1751. and the expenses to 292,7311., leav ing certain sums due M the comrany, and a balance at the baukg is of 1,7651. The revenue account showed that 6411. had been received, and 3931. expended, leaving a lance of 1481. Mr. RIGBY said be was sorry toperceive that their tolls were diruished by the conduct of the London and North- Western Company. It had been recently proposed by Mr. Glyn that the latter company should be united with the Great Western Company by amalgamation. When the oppression and unjust conduct of that leviathan company towards the West London Company was considered, he thought it ought to put Englishmen on their guard as to how far they should trust them with any further power by allowing those companies to unite. He did not know what the consequences would be to the public if the union of those large interests were permitted by parliament, but it appeared to him that the State itsel would feel their in fluence if amalgamated. He then read a number of quota tions from speeches of Mr. Ellyn, in April 1817, mid at other periods, relating to certain proposed extensions of the West London Railway, and the hopes that were held out to the unfortunate shareholders of that line, who were induced to part with their property, which had cost them nearly 300,0001., for the sum of 60,0001., and part of the produce which they were led to expect would arise under the lease from the "efficient working" of the line by the London and North-Western Company. Ho com plained that ever since the latter company had subscribed 400,0001. towards the East and West India Dock sod Bir mingham Junction line, they withdrew their promised support from the West London line. He maintained that the latter company was entitled to very full compensa tion, and to very large damages for the treatment they had received. He concluded by moving a resolution, appointing a committee to investigate the company's affairs, and to report on the best means to be adopted under the circum stance. in which the company were pieced. Mr. BURGE seconded the motion, and, in doing so, said he thought that some arrangement might be come to with the Londem and North-Western Company which would render law proceedings unnecessary, and would be satisfac to the shareholders. Mr. LOVELESS did not think any good would arise from farther negotiation, as it appeared to him, judging from put experience, that the Lombok and North-Western Company would do nothiog Mw than the law compelled them. He thought it mealt - beMm that the law should take its course, and, if neosmary, to bring the matter before the House of Lords. Mr. REED, the solicitor, explained certain matters with to the law proceedings, and stated that the steps regard were the only ones that could be adopted. The matter would probably come before the judges in Decem ber next. On Mr. Rigby s motion being put, it wu negatived by sin against five. The report wu then received and adopted ; and, alter a vote of thanks to the chairman and directors, the meeting separated. SOUTH DEVON. The half-yearly meeting of the shareholders in than company_ was held at the offices of the company, at the Ter minus, Mitthey, on Tuesday; THOMaa WOOLLCOMBI, Eq., the chairman of the board of directors, in the chair. The CHAIRMAN said he had hardly need call upon the secretary of the company to read the report (pub Shed in the Express of Monday) and statement of accounts, as they had been circulated amongst the shareholders. The report, he had no hesitation in saying, was the most satis factory that the directors of the company had ever pre sented to the shareholders. Notwithstanding the dividend was smaller than on the former half-year, yet the state of the accounts was satisfactory. Those gentlemen who have paid any attention to the previous accounts would see that they could not declare a larger dividend than 4s. per whole share. That, however, must not be set down as going back at all. The 6s. per share was paid out of con siderable accumulations of several half-years together, and if they took the trouble to turn back and look at the dis posable balance at the cad of each of the three half-years, they would find the amount of revenue had considerably increased, though it did not amount to enough to justify a ss. dividend. The balance left, after paying the debenture debt of 1861, was 5,0691.; that was little more than enough to pay the dividend on the half-shares, and the 6s. then divided was made ant of previous accumulations. The next half year the balance was 10,4431. That was the best half mr. The disposable balance at the neat half-year, ending 30th June, 1852, was 8,3791. The difference between the dis pomble balance, therefore, on the hall ear ending June 30, 1862, war really . the di ff •rence between 5,0139 t. in the former, 8,3791 in the latter, which was quite as large an advance as, considering the circ umstances, they were entitled to expect. Nothing Gould be easier then to have so mystified the ac counts, so as to have made it appear that they could have paid a dividend of 6a per share. To pay 5e per share, would require 10,0001. ; but, however they might shut le the figures, it would come to the some result; that they meld not ray 10,0001. out of 8,0001. The directors thought k tar better that they should maintain the credit of the eampany by making each half year bear its own charges. As to the future, it was not likely they would kayo to fall Is* again upon so small a dividend as 4s. per share. He was happy to state that the whole of the 4i per cent. stock W been disposed of, and as was naval in such cases since the whole tithe shares were taken, many other applica tions had been received ; and es much of the 4 per mat steel disposed of as was necessary to meet the rtquiremenb of the Company as to debenture debt. Since the shareholders lest met, the directors of the Corn wall Railway Company bad tommied operations, by which an addition of eighty or Maar mem at railway would add very coorManbly to the Memo et the osampany, and arising out of this ressittffiese of swathes, dim company had been l adled *pea 1•11• M its eappomeds to that company. It was sot easesalaatilie the mampay to meet that heavy BRISTOL AND EXETER. comment of UMW, owl tbaredere, in order to lessen th‘imount, the dies Mare had agreed to the relinquishment 'fie report alf the dinettes to be isaboitted to the of a part of the ompanyt subscription. by which the lie , kittinfraing nessang of the pegristen et this eempaay, bility is Massa trom 127,6001 to 44,0621 10e., of which Meets that die pen tragic rearipla br ibe Wiwi eaded ea sum s s 76i. is 'breed in the account before the shareholders. the 19th June , 1862 (Maud', tr ei tio . sema 1,111111. samolved The remaialog portion of the liability he hoped the oaths y Muter end Crediton onmennh 1110/1/11., would be able to meet without pressing upon the resources being 3,11461., received as the mid Enema somy of the company. For himself, he looked upon the extension proper, more than the mesempadig half et the year by the Cornwall Railway as likely, on a very moderate cal -1861. The working expenses dosing the eras pried culation of trails by its means ' to add MU. a week to the amount to 49,1141., or 44.14 per mat. ups the rerisipts, or income of the ompay, or equal to 13,0601. a year, or about 6331 per mile co 92 miles of railway, Ariake the Rueter per east. on the capital they had to advance, and this sad Crediton line. The numboures is 210,614, would Include est only the 40,0001. they bad to pay, but conveyed 9,062,670 milse ; aad the et pods sad also tbe WOK they had paid, and which stood in their coals 109,179 hone, conveyed books as a bad debt. Therefore, although it was not, as he 16,479 more passengers, 26,274 tau =awl . sad had said, convenient to pay this amount at the present time, than in the corresponding half if URI. yet the company would get over the temporary difficulty, of eoke is as follows, vie. with peseager eagle a rg= and eventually receive a good return for the outlay. He per mile; goods ditto, 63 ' .64111.j pliet this., 87.716). t mid had also to draw attention to the revival of the project for the met is 20s. aid. per ton. The dimmable balsam et the the Tavistock Railway. It had been always considered that revenue account, including the sem of 17,0821. brought a railway from Plymouth to Tavistock would pay well. over from the hater half-yeek is 64,0061. The diaereses On this view the directors had acted, and bad made such ossainniend the same diMatad as for the previews six aa arrangement with the Tavistock Company, subject to maths, at the rate of 4l per mat per aaame, it the approval of the shareholders. Under the arrangement mat. fee the half-year as the 2,000,0901. et there would be a division of the net profits, after Meek. This will mobs the am of 46,0001., and blare pa ng tho working expenses, and the fixed rates into amnia of 9,0061., whi r s i b il iz a r deemed satisfeetory, noVhird to South Davao Railway Company, the mom remind for pestermas 4 per seat. end two-thirds to the Tavistock Company — the third to the dime and stock to the Yowls 662,4411, A very bilge South Devon Railway Company would be 1,3601., that iliketioa had, lip to the SSA of June, beam made I. Ase would make up a total of the working expenses, and profit unftnt of rieboansree beeelng Lae set at 6 and 4t seek , for the risk of rental, and for embarking in the speculation, At this time *I rodasgsa ememses to epweeds , 9,6501. The general shareholder* would receive 6,0001. for which has bra elleiMA by the be.. either if probresel fixed rent, two-thirds of the surplus profits, 2.7001.. making stook or of new debentures at • lower rate of callow; and in ell 8,7001., which would make 61.85. 9d. per cent. on the the directors are ready to pay of Immediately is seek or to total amount of the stock. The chairman, after allusion exchange for preference stank, _mita premium to be agreed to the improbability of any compare tinnier the line to upon, any 6 or 4i per comb isionwras et this , Tavistock , acting independently of the South Devon COM allowing. to the holders the dlihrome of Wens& he Ne pony, stated that the Earl of Morley had withdrawn from remainder of the term. The weeks on the North Dom I the connexion with another company, and had thrown in railway are rapidly progressing and are likely to be ems- his influence and interest with those who were trying to pletad from Crediton to I , mnd: oc :ill, ha the mem , develop the resources and benefit the port of Plymouth. next year. 6,0001. bare bees to Obi baler and In the correspondence with the noble lord as to the dis ermines Railway Company ea amount of their_ 6pr Not posal of land and other matters, he was hound to say he preference stock. The act for the derawast alaW bad acted in the most honourable and straightforward man way was pined without opposition. sad the apeemea the nor, and had not in any way taken advantage of his posi the transfer of the property is the OMabsbary Canal tion to seek anything beyond a fair and reasonable price. will shortly be ready to receive the semis of the two amps- , In conclusion he moved the adoption of the report, and the nits. The interest held in this undertaking by this cow statement of accounts. pany new memos to 10,0006, with the right of ap- W. PRANCE, Rsq., seconded the motion. pMating ow :director upon the beard of management. Mr. FOX contended at some length that the reduction of The sum of 6,0001. has been sahroribed he 6 per coat. the dividend from 6e. to 41. per whole share was an unwise preference shares in the Plymouth Great Weems Desks; and unneceseary course—unwise because it would lessen the the works are in satisfatory . There is now a value of the stock in the market, and unnecessary because conlldentiexpeetation of the coos et the Cornwell the income would admit of the larger dividend. Railway, the financial affairs of that having been To this the Chairman replied that he did not think it so arranged as to justify the resumption stile works. The would affect the price of stock, and as 8,0001. would not West Cornwall Railway from Truro to Peasease is opened pay 10,0001., which would be reptired for the Go. dividend, throughout for public trams. Ths new eel he the ma- it was necessary to reduce it to 41. Wool= of the Teoril branch received the Royal assent on Alter a discussion of some length, the resolution declaring la dividend at U. per whole share for the half year ending 30th June, 1852, was passed. Other resolutions were adopted, approving the measures taken by the directors for obtaining a reduction of the capi tal of the Cornwall Railway Company, and for reducing the subscription of this company thereto; and also empowering the directors to raise the sums required for the payment of the calls to be made on the shares held by this company in the undertaking of the Cornwall Railway Company, by guaranteeing interest out of the corporate funds, or annual revenues of this company, after • I rate not exceeding five pounds per centum per annum. Also authorising the directors to enter into airangameate with the provisional directors of the South Devon and Tavia tock Railway Company for taking on lease and working the main and branch lines to be constructed by the said company on such terms and conditions as the directors may consider expedient, and f r the interest of the South Devon Railway Company, in accordance with the proposals con tained in the report, and in accordance with the terms of the directors' report before this meeting. Thanks were voted to the chairman and the directors, and the meeting separated. DUBLIN AND BELFAST JUNG'fION. Tho following are the more tmportant portions of the directors' report, to be presented at the half-yearly alerting of the company on the 28th inst.:— . In sutimittilig to the proprietors the bulunce-sheet for the half-year ending the 30th of June last, the directors have much satisfaction in drawing attention to the results of the 'raffle, of which the following is a comparative state ment of the past hallyear with that for the corresponding half-year, IWit , showing an increase of 4,186!. the. 84. in favour of the former. I Six Masao 1111 thug June 30, Ik3l. 912 Months ending JlOl. 'O. 11132. Thirty-two pules of Ilse open. Yorty-eiglat nit k ; of One open. Peres .ffern ... 3:7,500 9 $ I wen t ,. .........gi0,79., S • blerebandlse 1,271 11 9 Mernhantlien ...... 1,99 ;13 0 Mahn Total gle.al7 is to I Total [14,934 7 II " The report submitted in Feb. last intormed you that the portion of the line extending from the Armagh-road, near Newry, to l'ortadown, was opened on the 6th of January, and the directors have now the satisfaction to state that on the 3rd of June six miles more, including the Craigmore viaduct, were opened for traffic, then by com pleting the entire of the line between Dublin and Belfast, with the exception of the Boyne viaduct. Knee the line has been so far opened for traffic, a steady increase has taken place in the receipts. The nett baleen to the credit of the revenue for the half year is 11,8111. 12a. 7d., to which is to be added the balance from the previous half-year, 1,0131. 10s. I Id., making 12,8251. 3e. 6d. available, out of which sum the directors recommend that a dividend of 16e. per share be declared, thus leaving about 1,1001. to be carried to the current half-year's account, notwithstanding the in creased number of shares which it will have to be struck. The Irish railway companies having made representations to his Excellency, the Lod Lieutenant, and her Majesty's government in England, as to the high rate of interest ! charged by the government on the loans obtained by them, the directors have much pleasure in informing you that the rate of interest has been in consequence reduced to 4 per cent. from the 31st December last; the increased facilities fur raising loans have, however, enabled the directors to obtain a sum of money at the rate el 3j Per a nt., with which they have paid off the amount doe hy the company to the Exchequer Loan Commissioners , 76,0001., thereby effect ing a saving not only of interest but of the Large law ex penses attendant on loans from government. During the past half-year the increased value of the shares of the company in the market has enabled the directors to dispose of a con. siderable portion of the forfeited shares, at such a price as paid all calls due thereon, with interest and costs. The directors have declared forfeited 632 shares, being the remainder of those upon which the arrears appear to make suck a step necessary, and the present meeting will be made special to obtain your confirmation of such forfeiture, and also for the purpose of bringing before the shareholders, an I important proposition as to the appropriation of the amount due to this company by the Dublin and Drogheda Railway Company for the construction of the Nivea Branch Rail way, when paid off. Since the closing of the accounts a sum of 13,4331. 6s. 2.1. has been received from that com pany in part payment of this account. In the last session of parliament the Dundalk and Enniskillen Railway Com pany obtained a bill to extend its line from Cutleblayney to Enniskillen, and the directors of that company lite nego tiating a loan with government to enable them to accom plish this desirable work ; and it is hoped that in a short time this important feeder to your line will be open for public traffic. In conclusion, the directors are happy to state that the lino has been working satisfactorily, and without any accident resulting to passengers." PLYMOUTH GREAT WESTERN DOCKS. The half-yearly meeting of the shareholders in this company was held at the Temperance - hall, Millhay,on Monday. The attendance was but small. Colonel ii ARAM, the chairman of the board of directors, took the chair, and aaid their report on this occasion was a very short one ; but he hoped it would not be the km satisfactory on that account. He looked on it as the more satisfactory, because they had no occasion to bolster it up paragraphs explaining their hopes and anticipations. hey could aatisfy thenieelves by observation better than he could tell them how the works were progressing. But he thought that the statement before them of the progressive advance made during 1851 and 1852, from a revenue of 3571.'n 1849, to 1,6041. in 1852, was a decisive proof that they had no reason to com plain. (Hear, bear.) For the present, however, they must expect to be somewhat at a stand still in point of revenue; fur the great work that was being carried forward in the Bay at this time would, in some measure, be the means of deterring vessels from entering. But he hoped that the accommodation which would be afforded in a few weeks by the pontoon and the pier would induce many to come to the Bay. As far as he could understand from inquiries he had made, the floating pier would prove a greater favourite with shipmasters than the old one, inasmuch as it would always be on a level with the vessels. Mr. Power informed him it would take about six weeks before the bridges and other accessories, necessary to putting one pontoon in order, would be prepared. They were well acquainted with the trading, and he had no new prospects to inform them on. The resolution for receiving the report having been adopted, the next rewlution moved by the Caatanan was for vesting authority in the directors to make errangements by which the annual rent charges on the company, of 1,35 N. to Mr. Gill, and 1061. to the Earl of Mount company , cumbe, may be reduced in proportion to the reduction which has taken place in the interest on securities in general. This also was adopted, and thanks having been voted to the the Chairman, the meeting separated. IRELAND. DUBLIN, AUOUST 25. Another unfavourable change has taken place in the weather—a light rain, accompanied by a sultry air, having fallen all day, foreboding, it is feared, nothing good to the ripening crops. The change is looked to with anxiety and apprehension. Before the close of the Agricultural Exhibition at Galway, it WY arranged that the next annual show of the Royal Agricultural Society of Ireland should be held at Killarney, and the necessary preliminary steps were taken by Mr. Pierce Mahony, in conjunc tion with Mr. Dugan, who volunteered to give the necessary indemnity of SOU on his own account to the society. It is strongly suspected that the Irish government has " funked in the affair of the Clare priests at Six mile-bridge. It now appears that no informations have yet been tendered against those gentlemen, that the whole story of the scene in the stipendiary ma gistrate's office, wherever it originated, was untrue, and that, as the Dublin Express, the morning organ of the government, observes, " such a step might have been injudicious and premature." The Limerick Reporter states that Mr. Murphy, the solicitor for the soldiers of the 31st, denies positively that he tendered informations against the Rev. Mews. Burke and Clue, or that he has any intention of doing so ; but such a course may be taken with refe rence to some of the peasantry engaged in the riot, and it is added that a copy of the depositions taken by the coroner has been forwarded to the Attorney- General, that that functionary should ascertain whether a cue can be made out against the afore said priests. It is not thought very probable that Mr. Napier's opinion will be in the affirmative. The Dublin Express mays : We are enabled to announce that the depositions in the Sizmile•bridge east have been returned, and were this day submitted to the attorney-general. We may add that many of the statements published, and the observations made on the matter in the press hitherto, are premature, as no direc- Hens could be given by the Irish law oaken until the depo sitions were submitted to and read by them. It is probable that informations will be directed to be taken against the leading parties implicated in the riot, and the proper pro ceedings thereon will follow in due course. It le understood that Judge Crompton will sit in chamber to-day, to hear the motion to admit the sol diers of the 31st in Ennis gaol to bail. MIBB MARTINEAU IN BELFART.—Thia eminent autborewi ♦isited Belfast last week, and, on Thursday, pro. °ceded to Dublin on her way to the west of Ireland. It is now twenty-one years since Miss Martineau paid her last visit to this country, having, in the meantime, travelled in the East and America, giving to the world, as usual, instruc tive and entertaining accounts sther wanderings. DEPARTURE OF THE Altenn.—Yesterday afternoon at half.past three, the United Statesman steam-ship Arctic, Luce, commander, left the Mersey for New York direct, with the semi-weekly mails, a full general cargo, and 124 passengen. This was the only ship that left Liverpool for an foreign port during the day. IMPROVEMENTS IN HYDE-PARR:Dtuing the last few days a large number of workmen hare been busily en gaged by the C'ommirsioners of Woods and Forests in wi dening the • e way which r un e by th e s id e o f th e Berpentioe,:sad other improvements and alterations. P