The Express. — London, England, 1849-02-16 00:00:00

• . 4 -1 s t, that the order for the separate lists Mould - De re g le Me all-important sal jot of expenditure, ' l 77ia r l=ll mut aide mew their gempleint, so fn . onestly expeeestd, egainm to wpm which atolnue to be seemed far stem Relief r a ll sel = whet as es=t, whoa lb. bM was ems* he leg Le t= st i ry s reieset r, , at abw plea "Mee remseeltellis se set to Cre• geli mposey--het es relief whatever bas pet hese ellodel. • mistatiss will be F i r ma he is semen seel at the eempasy t!•ps to the et praying ter same ramie he thet pleisess alue M the master is et el — Millochlarla isi a de l We au th• WM eibett_vely PI Im r so y . "we tad es Weft MY swam Teti. WS h e et ths estaPsy the Members wore smissely espe he semo thes is esteameeteg to smogs amisehisWadees with these ampseile whams wall ow appedwale to or messes wide the Great Wm tees Ham la enable them all fe dispense wilt the sudsy el SNOW set ahselately required for new lase, se well as to wassaiss, by sailed establishes" tar semis; at the haft of the mashy. t Altheep sin oss mea shams oversThrscedinstetsesuld ewer" so sostra, m es& he stpgpseeedeellealogromeest for the fleselleatiss them smaggelm, they have the gratification of Meth& tint Mere less seated no s peollag in parlia ment w: whir smile of blereet, as farm they OM per shish P.M to pooled' the hop of MeeMy sad mompassits big asielotersealhe iialleaki ==staelleek amens bee" araiwaly with*. cat - fatermie st the a r k lie , . The pee. eel Gemella Mem. st se the mad liabilities et die go=us:o.nontrahhed and desolated mon the modem it uosseessor7 to dwell upon that selevet Is tbls vomit. These h se bil belie sevilemeat during this seed= for OS sow newsy i a which this cempany is interested, and fllis emly molosts is which they are at all concerned, is a WE les meth, the Iltrethrilepos-Ama Canal in the Bir Rowl Wed Railway Company, to whom it really e ll , a ueder se sposseest with the Oxford, Waverer, seei almehooMlSM Osepay. The resigned's GI Mr. New Illeasot BOW, OM of the origind direeten el the immaiy, „A i% le p m me ", prat of his colleagues, awl Itemeas meth by tairmity et Isaide to attend the board, Sleised II mammas" to apt pother director, being • papists" ruidest , ka i limited distance of Bristol (the sel sessithig her theaters so resident), upon 'which ridden Mr. James Gibbs, lemony chairman of the Pied and Imes Medway Company, was letoieeellp WNW by the beard to 11l that vacasey. At the pews meetiag three directors, viz.: Lord Barring ton, the imply chairman, Mr. James Gibbs, sad Kr. George Jesse, of Bristol, are to retire by rotation. They ' have eivesally declared themselves to Toe candidates for ro-iecties at this meeting. Tree like sheriemat of accounts it appears that the sem olgewled epos the revenue account amounts to 215,0" I Is. Bd., and the receipts to 647,9181. 13s. Id., leaving a balance of 332,8211. 35. 6d. To this is sided the balance carried forward from last half-year, setssatiog to 7,8211. Ba. 7d., making a total balsam et 1160,•421. 12a. From this ram are deducted payments he respect of the Bristol and Exeter Railway ; interest }IT'S* te the Wells, Somerset, and Weymouth Railway, for the line opened to Westbury ; and balance of interest paid on beam amounting altogether to 118,8542. 12s. Id , leaving a disposable balance am the half year of 223 9871. 196.11 d. The saeouat of the share @spits' Gomm neat, from which it appears that 263,206 shares of dill/met denomination. have been anted. The amount galled on which dividend is payable ammats to 7,269,1001., there being still remaining 900,9001. uncalled. The din. Send, at 3 per cent. ma the shares celled up, will amount to 217.7731 • conaeqsrutly the balance married leeward will be 8,3141. lite. 11d. The capital wows shows that the receipts upon shares and debentures amount to 11,643,3671.6 e. 6d., end the payments in respect of the 2131 miles already opened, together with branches end extension', and locomotive stock, to 11,608,8161. lis. 9d., leaving a balance of 34,6421. Is. 84. ' To this Gatemen' of accounts are added two appendices. By the first is Sewn the comparative traffic of passengers and goods for the half-years ending 31st December, 1848, 1847, mad 1848. The number of pamengers for the half-year end ing December 31,1846, was 1,604,102; for 1817, 1,842,221 ; est for 1848,1,632,890. The number of mile. travelled were Ike the three half years respectively, 30,467,166, 62,632,663, sad 61.983,447. 'the quantity of goods conveyed for the three half-years amounted to 1 75.188 tons, 203,009 tone, and 939,361 tons. By the 'mood appendix it appears that the mesparative mileage travelled by the locomotive engines far the eiwresponding half years was 1,346,311, 1,464,610, and 1,662,672; and the amount of mks eoneumed was 19,731 tom for the half year of 1848, 21,464 for that of 1847, and 26,346 for that of 1848. Mr. D. HOWLEY said he hoped the proprietors would streugthen the hinds of the directors in their effort to pro mote the interest of the shareholders as well as that of the public. (Hear, hear.) He was no monopoliser, and was tar hem entertaining a wish to see the public deprived of rea mumble accommodation ; bat he thought the public wa. very ungrateful to railway companies. The public had twenty times as mush acoommodati in as they enjoyed formerly, and it became proprietors to look now to their own inte rests. (Hear.) Mr. NICHOLSON said that sines the inning of the ae ons, she had compared them with the statement put forth is November, and he regreved to find that there was an in set- e in some of the charges. It was true that the excess was not large ; but, that thee should be any, was to him • subject Mews',. For example, in the asee of the Berke mad Hants railway, the cast set down in the November state meat was 340,0001, whereas in the statement just issued the amount was 360,0001. Again, in the case of the West London company there was an Increase from 34,0001. to 48,0001. He thought the 16,04101. sat down for carrying stook should, with all &Nemo to Mr. Saunders, have formed a separate account. He had heard with greet satisfac ion that the number of trains was to be diminished to the ex tent of from seven to sight hundred miles of daily travelling There was room for a further considerable reduction (Hear, bear.) Let honourable proprietors compare the number of trains running between London and Oxford with the number running between London and Cam bridge. At the last meeting of the Eastern Counties' company, Mr. Hudson said he thought the number of trains them ramming between London and Carnbridze, namely, 7 or 8, was more than was required for the traffic, and he pro posed that ally five should run in future. It would hardly to believed that the Great Western Company was even at that time running 12 trains daily between London and Oxford. There was one other point to which he attached great importance ; henferred to the express trains. Au opinion was grid's, ground amoagst sdeatifio men that the enor mous speed of the express engines was rapidly tearing and destroying the line. A late member of the railway commis sion had observed to him that it was well known that the rails were being crashed wider the engines, more particu larly on the Great Western line, and that where a re jump of half an inch took place the effect was to an indentation. He wished to know why the Ilse between' Fenny Compton sad Rugby, which would ham brmight this company into connexion with the traffic of the made of England, had been discontinued ? In conclusion, he would suggest that it was important that the Birmingham and Oxford line should be opened as early as possible, seeing that 1,000,0001. had bees actually expended nn the undertaking, and that this company was paying 1,0001. per week in the form of interest without receiving any advantage. Mr. SAG N DRllB,the secretary, said he rose by the desire of the "batman to give some explanations in reply to the has. proprietor who had Jest addressed the meeting, Rte air. first mask, la referees* to the alleged increase of =lsthat the bee. proprietor had taken one single ao esistead of looking at the wholle. He could mane the his. proprietor that in the ease of the Berta sad Haute Rail weg isle hod in fact bees no Mama In that of the West Biter toe there was, it was true, as increase from to $4.9711., but it arose from the Oat of certain pm- I= ho bs: been purchased, an d requiring be pai to d tor, r regard ....... mhos, the "deg :malt be seder a false its peedet II they imeipleed met Iwo maid set be some in soles wader that blob et the est sane I a entails number of ei set meshes. width MI hoes endued would then bepose tirefli_ but If the bum yeagelseer referred to tithe Nmembie etthisi he treat had no km Was • esk MAK pat dews he loselastive slosh for the otheathes Bess. He ill set with te deny that Owe sight be a further diminution of the amber elegies • we es the mat Use. OTC ham) Therarlas of the Iftes sad ' which was a deepest. of the Compteagt we the sole reason why Ow bear set bees with. Ns 311IINIL (the issistor) soli that es be bed ban appeelsi to ea the sal.set et thyme troths he hit boast es my see co two we*. First, with respect to the sealer of hat. lis woad mem; Is the rennet of Mr. 0000111, that the upon 'aglow of the emapay did mo t prose mem leek co the mile than either the ether of that le the .recd ideas ether. at was a =the of ai r e asilway _Cemmiesioa, who l Z less referred to, might ham eatleitell himself, that the =rtwthrows as the trivia, wheels was set so pest as hieh pond spa other lima. Te sephese mob width the last twelve mos" to ran h 'NI the mei poor e express Intim, were mush Ism deewletive to the rails than those used six cc erns years bask. Mc ET RD said that as a Imp ahmesislier set &isms versed the &elm sob* pos. is their ethrittow. He bed a reseistha to pro pos% shish wee Wei es the seesilly et laving a clearer mei mite reabirstmy statement of eseents. It was se fol lows :-- 0 Tire a essmillee et showeiMiters be syytheled to aspire hie the yeteMMy et a roaaelks el the we= Si: av est, awl thio the 'went tbe Great r o t Rathrey, sof to rept t u t es this as well es ea tbs mode et Se INAS, aphid est tamest sapitel_ qt the sompay, eh& es easel seamoUy ea the mewl emeilles of tho eon. te,t with referees" be he pesombes smi Ilahlilllso Mr. ALLEN esesoded Se 1.111161111 K. Kr. J. K. IMITTIIns thought it Pell be well it the "imam watt state es the maim Wet they AM Mid the =a, which they dyes eat is November, that the Mae . adi it sills Limped, ere of the wail" g ilOn SM.. to Is bitFaming* akeenee es to the walling, the , esserdet wiry wish ilia, espermai ... • , • • merle heatXr.Dt=ss,the elheAtlll t A thosotsi the . . 1 1iVr a15 " 6811 2„m.... -' 11 , 01 . 1 htl a r li rrise. traed et . the r dOillilrgAiiraisess thelz ra ot i rt i eribalVerier li wit g rei b "Pi ct 7be b . ir t = le a peados whisk had boa pet Is him That honer pruner:or heti abed him e xhrepored to mount the elbleG w 83130 101 issiewest issued by dna is Nowitaber kee l itissi the divided essald be rinisteissil at tee Ms of GR LM. per uawn. Os kw se their *as was mews' pea Newora in ley had One sus as sawn is .liar it. that the ultimate melt ef Mrs 2711 earl they bed skoluel. (Ham, bo s ern ) i bk l l 3 essamy, be add (sly resew the amweasse Whaled stem theg the fleensee woe islet mean to esupll dllbss ia every hawed ef their eeteliiiieffaeat. Ils es =atka of the lea. piseplabit who .used the t was that of piefigelig. It by wig the ward Zel:tradtheintzgreprfelof mint to IRO _that Ike sad wasesfally egasuuros tke re. emus et the warmly, to seek a sheep be Ohs 'hair s* sant gins • meet sou selined dad& (RN^ bur.) Bat if the btu geageisier omen wise* that is fhb leen 1546, ISO, sod 1•11; She AMON embodied la esteseive andlonekingis and sageged la very expusies witerele••hay sad 'Minty admitted t jt eli a li r lds ite of hit elegurniews. In the latter ease, berwever, he weal melte We sumer, that whet eniened at the pubis asaticsed wee net exile app the di /seism They was serried eking by the easelhisses el lbws. Not wily did they net pro mote usisailip referred to, they setsally re. rusetrodai egoist *ea Deeply uhe regretted the eft sts erase wane obis! tiny had bees compelled to pu ree, he believed filialroh• aisetioa of say other would have been Cu linf• Mr. NIGH OitSM roseenseaded the tame of the esseadanat M withinarieva this widentandiag, that Mr. Cron/mite sibuil, is Menu possible, be invited to occupy • wet at the booed. (Cries et " No, ao.") The CHAIRMAN begged to infers the outing, that the diushas had repeatedly solicited Mr. Crentsweite to be ease addereser,_andithet he lag slwayeeefased the ievitatios. Mr. CROOTHWAITH having intimated lb willingness to Jeia the The Cll=Ali gave • pledge that whenever a warm aroee, he sheald be invited to ail it. Oa thb mi ik the essendemat wee withdraws, sad the reportvn i s ta = Thy Weed to. The three retiring directors—Lord Barriagtee, Mr. J. Gibbs, sad Mr J. Jones, of Bristol, were re-elected. Other fermi resolutions were agreed to in seendenee with the repent, indrealeg • declaretiost of dividend at the rate of 3 per ewe. far the bell year. • wee l et hanks to the ehainssa sad the auditors tenni mated ttn ca BOTITN-WESTERN RAILWAY. Haliveirly Media, —Nine Elms, Feb. 16 —llr. Czar um, MP., in the chair. The minces of the kat meeting having been read and confirmed, the hereetery reed the follow*: Baron?. The directors had occasion, so recently as November last. to lay before the proprietors a detailed financial statement, in w hich Use bets affecting the position of the company, as regards both its capital and revenue, were yery fully en tered into. To that document, therefore, the directors now refer, as superset* the necessity of going at such length into the lead ing points of the company's policy and affairs, as would otherwise have been requisite. The directors then expressed en opinion that the revenue for the current half year would afford a dividend of Ave per cent. The accounts now furnished show that this anticipa tion has been realised. Ilw helm available kr dividend is Ararat 16 3 Delnelkg itteleme et 5 per mt. co 8,707,3384 112663 7 Immo • lam to meld star to the heat Wryer ' The puffin, « sew line opened during the last half year 111119 Oh haw m en llth July. pane Mid se Dacia (14 mike) Opened 22wd oe t i zet. Pam MOM= te ma5t...... let The Weis *Meg the has bait year it all the raiiways in the high= hes bees mesh and in; tidally affected by seve ral esseesmhin are set Warp be buds( in their operation. =dam an the ralilisil coandsioes which have dir dr seraisrat of Europe. This has especially affected the Ens* trade of the peel of Southampton. The proof is to be found in the very great falling off, since the revulsion, in the trails of the railway hem Paris to Havre, the pert on the opposite side of the dim eel. A ramp of 3,4001. hes, in earannenee, been throws.l for the AM time. apes the rename of the half year, nosier to Ism the interest on the eepital of the stom a :what sera pany, whisk bes been granulised to them by The general Amprerain of commerce, and the nee l e= ll 4 nem of the sebum sessason wee explained in the ianesiel metemeat, hove also been penile* injurious to that saber. Mu Mlle, km erasing of the Datchet line, and the envenom is Weteriesle ware calculated to develop. In enemies with these risers lower, the low scale of lane, adopted as ea experbasat is a date of prosperity, wee found to be prendinal. As me, therefore, se circum stances permilted, the directors rated the fares to the present seals. The comrarison of the traffic, which is rebjoined e accordingly refers to the period sines October, when the fares were rated ; but for the reasons stated, the Director' believe that it affords no fair criterion of the value of the lines opened in the year 1849. Nov.. Dec., 1847, Nor., Dee., 1845. and lea., 1848. sad Jan.. 1649. et "glee epeatx Wattle 191 215 Grew earnings. C89,292 £ 105932 more by 19 per et. No. of wilier= try trains— eu3,002 371,329 less by 8 peed. It appears from this statement that, while the traffic has increased 1,2821. per week, or 19 per cent. during the winter seasea, the mileage of trains k 8 per cent. less than for the =ding peeled 44 lest year. The effect of this great of train mileage is, therefore, sati.fact ; the straw of sash train. per mile, now c msiderably exceeding these of bat year. The expense of running trains, during the last half year, lies been 2s. 10d. per mile—a result which, it is believed, will bear satisfactory compare n with other railways; and to this the directors would refer as a better teat of economy than the proportionate per tentage of working exposers te receipts, which may indicate the comparative tremens of the charge., rather than the economy of working a railway. By the terms under which the Third Shares of 1847 were created, the amount of capital entitled to dividend this half year exceeds by 1,172,275, or 443 per cent., the amount on which dividend was paid lest half year. Under the same terms the whole amount which may be paid up on the capital of the company will be entitled to divi den d out of revenue during the current half year. A greatly increased capital has, therefore, in future, to be provided for; and every effort in developing the mourns of this railway, as well as a rigid etionomy in °pa linode( its affairs, will be neemary, in order to realise a fair numeration to the shareholders. These efforts the directors ue prepared to make, and this economy they are de tersdned to pursue. The turmoil and detraction of =notary contests, which were forted upon the by thecin Instances of the times having now ceased, as unity is :nee& for attending to the details on whit *e secarmical working of the line depends, which tt:Zere may be assured shall not be lost. For the el the.. who may be influenced by the appreben miss sew se emunonly entertained, that expenditure which eagbe to be berme by is thrown upon capital, it is ben to state, that the accounts of this company have a rigid and lengthened investigation in this as in lOW ticirecte, hi the auditors who were appointsd by the =at the last gamedmeeting, and the directors arc r a te these gestlerma he several suggestions, which dial be meek essallwaL Oa Ileea „et lam lir whir* porilameallay pewees ban bees ~mi. lei dish are either aim emememeed,er way peed* seeillnelel. the ihesties hem merely to re mat thessehimmielleamatimeila theZlisi statement, hal M selaimme le nib NM the k to luiep the p ane Meek se thee arm Sig be with in future as may be best ler dm Morale ef the proprtors. On this paint the direalme will wily repeat, ie that so further steps beyond those mentioned In the ilameial statement will be takes without tke previews ma mat et the shareholders. Every =mks will be made he the early opening of these line ((about 90 min In 1= whisk are sew is mores The Hampton Court wee email ea the Ist of February. The Orators are blip, ammueek that the Windsor, Sulam, and loath Weeisga )Tdtwep Omipeay have made a highly s cale say anesisie• meet elk lbe Grown for extending the duo an Wisher. • hill harateeed into parliament by the Wilber, itettea mei Sea* Western Railway Company ter this be sahmittaill le the meeting. It Is prepeesi, C r Au c iamm of the pewees 'Mahal by the eat of het smelters, that a hese he inarlsea mats be now metabad ee ibis mailway. et Ihe mash and property of the Okada Walesa ahem Waage. ilea Osmeiloy, ea soak terms as will legally mere the pre. Fishes therein the dividend of . 6 psi cent., as will as the earialmeace of their property . both of whielt are alto* gaimeateed mho et tabs peeyskitary • a masbades le tem olime mos~7 be eabmillei le tie meilleg. As some illbreoes ephha his mina am tie palsy of the metaudea Massa puha ampeales whit railway cow penile, tho ilkeetora fed It le may ainsteuy to remind the progidebeee that ea se km Ilea Maeootriena daring the last soma realm Men et their of msellega. 11:= 1101•OlOS emlethe eisp Oman he die of steam eiammaketiss in MOSlPsiss Ida the nil way, end the bee pediameat ler this purpose ; end 1, the Allan/ Warms powers (which ham beta se hag t. rail whieClls net of last year at length f=thteems were hid eat le the publie, ender the ' semen lastraatiom hem the proprietors ea the fhb of which a sham packet mammy (Me South 'Valera Man Navigation Company) was ailed he. miasma% Obi the ism commi•mies so aseeliel le Oa halls of ilatteiway. was sstaMbitek The._tiff_'_l the pressed • k Omahas set the aleptlea et way sew milie .i. att manly die hretal meigdllea et 'epsomite Meng he. with Osemetisaof lbe yesprhowe:rtN wa n sal hit Ilidebsitelk. ail me mob 'badinage" mew eat wit IL The &WIWI lam hatellabsi Mr. Wyndham Hard ing tow Mile et eatiMmytta eimplay. In plate of Mr. P. L. Oiehpba l. tile o at m gripisisber lam. In coransioa with this eie=h i nd el feent Ile sense they eaterlsis the endability mil ad energy with whisk bate misses were pleferiaed es keg se 1014 dolleeMsee winkikg a malaise to the Mai belem the ekes et the siam. The amebas are glei to ISM% **Om emillmelka et a iamb midway into Paine. memb, eel the edit medlem espeolltam likely to We idea Sea bine lima ovoidal by ea 10111 aid :atm Oempay. A ._ l =lll6 lll = etim he et tbe teem* le velem. Vadat this er ase midi" Mikeeme of tbe ems Mate norm • ampoity peg 1111,Illithe tisk belt slum et Mrs fies dim le - Pediffiliteek, triad it to be told %derma Ibe •The joint the and sham it e , by &MIN fa wbitt bilk mat pada me A raila ust :ye be cab shad Oil mei asetpaey to ddb adiiegtatta4 1111* he lb resit tbl se Air eidma be Os Natmellas patio. The bessicia et the 3R,: JDAY EVENING, FEBRUARY 16. 1849. will aim be sohid le p ea gloms to arliament for ex tended pewees of taking apsa the Basingstoke and Sellisbary. ead Tenths= Alm lime. Landes* will elee be Idiom Of this dalledlila le Weds la them bills doe homi ssL cr i tiell 11l ba Om SI athelisistedot Os Olin of war To Mae lis added ea eimalka of t ...iim ad a g le Wol la Ihe OV l Clames Ad. See rephases of its use p ..... "7 — ' — gisk slam, k wSI be sew, meat* la the MK year bme him dam 10,8314 se wards al 11 par seat es the g a inailhble for • dividend. Il l s lea (yelalipolly seam a peN rote) meads emmally, is Nov s ea ila 'arcing the esememp s reveal" le 111 Ills. $ ammo MO on the whole SAO aids gemilatlea oldie essislity baud. about Oh. • bead i sad pa siessabbsime rna,r of Me rellwausmi amid d pumas employed se till wages year. mid theedire dem ad la say way la medal berdsia. Aa dist MI be Mkt la palmist Maim the unfair email= of Ilis tea IS *As esawdelok Ma to .btali WWI rod Ste OM= heft tbe *apemen et isdivideal shaishelkee le the hapsdame el dr sables' IS the meables ef 111 1 = idos* oureedoll with their supeethe lemiltka. Is mew& eau with Ma segasabien ef ism& sheidieldsee. a meshes Ma MB be eahmTslei to the maddaseha d the sham 110=he the immalleht Mammisa late Ile* of Smarr BA Mani if MI, and the third amok 11 el. sheeskifiese approved this, to wbiok es anew do so objwakd ewe elawaislise ells at his Visa, ha alik peke up kb Awed fall, to mem them N.. era ia =c(lof the amhseity ghee at the last mead, the f core hided tenth *wee may aid, at thdr vb., have sash dross converted Me oink. TM Diesels= mist oat by shin eas—dis Join Bs* hsp, But, Oohed irmilmeas sad Ti. ZAN Seymour, M.P. I the two Lam imilismia also themselves N. median. Mr. Serjesat Geodes sad Wend Bdd. H.P., ear thaw' salm as semildsha for a seat in the Dimities. Ns. Olses, one of dm wedlesso, aleo retires under the his of the at, and rinellgade. To is thh aped was appended • stallemeal of the esseante of the eenspeny :—a summery of mid& ward hi this paw of Wednesday lest. Mr. D. M. D. HILL add that boars the mad Wal rat he wished to say a few words respeedag cue oldie directors who was gain out. He spoke a Sir J. lesthope,— (heir, hear)—erho had boss not only one of de directors but likewise chairman of the board. He begged to propose a resolution to the following effect : " That this meeting cannot omit, on the retirement of Sir J. leethop• from the direction, to record theirgesterelsainetehdinest of the zeal sad ability which he evinced in premednigthe Merest' el the ..aay es its chairman, sad also for the imago whisk he displayed her a long period of time in advaaling Ma liniaging to °depletion this great undertaking." Mr. TITS mended the moieties, lAA me pat sad ciareedi - iaTeameney. Mr. J. WILSON CROKBR asked whether ea wee not the time to take the sense of the proprietors whether it was are dry to till up the using created by the retirenent of Sir J. Reathope (Hear, hear.) The CHAIRMAN said that it was better not to pries that game= • , : ea reesnt. With respect to the Irak, see that it had increased, notwithatan the 4 the nineramotnnam sanded to In the repeat. The sammasMiss with Perharath was only =gbathe autumn, seta eaterferilwadfmg the unfavour. igot the ersolaw, the meeehandise warms w had in seams& They had mewed tats treat seengements respect as the docks at Senthanwesa, by whisk they hoped to pro misee the mutual interests el off parties ormserned. 'They made a mines of the charges ea the heavier goods from whisk they esti/peat en inward quantity. They elm to some degree raised the chargers ea the more valuable nude km which they expend to bens& themeless. They nvand to practise every seesaw/.(Hear hear.) ende With regard to the law expenses, he was rare th ey would admit that during the rivalry whisk existed before parlia mentary committees, it was imyossibie be them to co could wrol them. They only an the principle of the code eery remuneration. Bet now he was happy to inform them that Mr. Beau' met the directors in a fair spirit. They had, therefonouvanged, excluding parliamentary busines. that he auld be paid by a fixed salary, to commence from the let elf January last. (Hear, hear.) Then gams the sceneries eat, which had been a source of heavy expenditure. trif:, 2l hear.) It was known to them all that lk. Locke had been beg associated with the company as engineer in chief. He made 216 miles of their line, and his character and position was a guarantee that the work was elllziently dope. They considered, however, that the ordinary @VS would be malice for the supervision of the line under the direction of Mr. Martin. But in the event of anything re , strin_gthe master mind of Mr. Locke, in case of any devil"- li accident, or other unforonen occurrence, they Mavail themse lves of the judgment of Mr. Lake on the I same fair and satisfactory principle which he had httherto been engaged. Mr. Martin, who would have the care of the line in the atones of Mr. Locke, had left it to Mr. Luke to say what his remuneration ought to be. They had entered into an arrangement with the 1 lclttahr:s and South Coast Company with regard to the branch. They were left in an awkware position by the law respecting this matter, but they had a.. length par chment the joint use of the line for 60,0001. He was assured they could not make an independent line tsr lase than 100,0001., and then they would have to keep up a rivalry which would be ezpen.ive and prove in the end to be a mo nument of folly and cupidity on the partofthe two accareess. He had also to notice the promotion of the lies into Wind sor. He was glad the Great Western Company bad at length thought fi t to withdraw from the line to Windsor, and he was glad to tell them that the Great Western Com pany said they 611 so to show that they were desirous of going forward with them in a neighbourly end friendly spirit. (Hsu, hear.) The necessary decussate cm this subject were signed and sealed by this oupw.q, the Wird nor Company, and the Commissioners of Woods and Forests, and the engineer would lose no time in cing the line into the town of Windsor. He had inted to make allusion to the retirement of Sir J. Basthope, but the hon. gentleman (Mr. Hill) had so adroitly antici pated him, and said what was so appropriate in regard to the services of Sir .1. Bashers that he would not dwell any more on this subject. The other two droners who went out by rotation were Colonel Henderson sad Mr. Her Semi; who offered themeless ter reelection. He was sun that it would give the greatest settees doe to all his a... Usage's to see him re elected. (Hear.) The hon. gentleman also recommended the re-election of Mr. Her Beymer, who had so much influence in the county of Dorset, into which their line ran. With regard to the two other gentlemen who were candidates he would not make any remark. lie would only say happy could he be with either. (Laughter.) He was sow goirg to touch on a subject about which he felt some Imitation, but he would beg of hon. proprietor to hear him with good temper. H. alluded to the leasing for 14 years of the property of the South Western Steam Navigation Company, on sea as would secure the proprii ton therein a dividend of 6 per cent. (No, no.) The propylene', well knew that this sub ject had come before them on previous occasions segue ad sousecies. He now confidentlyealled on them to unfit= their previous votes on this subject. e. No, no," and " Tee, yes. The bon. gentlemen concluded by moving the adoptioa the report, and recommending the speakers who should follow him to be temperate in the discussion of the subject. Mr. BAKER, after combating the conclusion et the report, moved that a committee be appointed to inquire whether they was *Lay or morally bound to lease the property of the Seek Western Steam boat Navig ation Company ? Mr. J. W. CHOKER seem the mono& After considerable disunion a show of hands wee taken, which was declared to be in favour of the committee. Mr. Tits then demanded $ poll. It was then agreed that the report be received and adopted, subject to the result of the poll. The following gentlemen were appointed as the committee, in the event of the poll being favourable: Messrs. Hayes, Baker, Croke& Drew, Smith, Het , Crowley, Claes, WClose, Mr. SeWeant Gaselee, and the chairman Resolutions were then paned declaring a dividend of 6 per cent. ; sanotionieg the purchase of the Combat line for 60,0001. ; approving of the ball for =Wading the line to New Windsor; approving the conversion into stock of the new 601. and 401. shares a 1845 and Third shares. On the proposition for main_ application to parliament for powers to take land upon the B. asingstake and Salisbury, and Farnham and Alton lines, and for altering the wale of voti, M n r. g GA.SELRE proposed an amendment to the diet that every shareholder who held from 1 he 26 shares, should have a vote, but withdrew it on the understanding that the scale in the new bill, that was to say, the parbamentery scale, should =o the auditor. Mr. PUN the gaieties generally. Ile thought the empery the thee rewltra An amemilment o memid with thee view was lest , mad the witlimodem CIMAIRMAN then' took a show of hands far the elegem Webs directors, sad declared that the show of hands ha had Mien ea Col. Henderson, Mr. Her Berger, and Osi.l A poll wee demanded on behalf of limp. Gaselee. Mr. !SCOTT, H.P., a director, proposed that a sum et 1,0001. be granted to tie widow enal May of the l tag of the company. (Oh, oh, Bail had MN ate " no, n mew o.") He thought that the serrime of Mr.Oampbsil who, he might my had let his life in thee sunk% were entitled to this new at their T hands. Mr. SMIH, amoebae direst , emended the mean. Mr. BAHREIN/aka hew hag Mr. Campbell was fa the, service of the memiegy, awl what Wiry teoshoi. The CHAIRMAN said shoat two years, and hie Wary was 1,2001. a yaw. llama rapitstoms oselalasil the propriety of whin the psas, ad the tie a was ultimately wltlairaws. wasaisi Wog manic la the mat isdisn edg ans e aw . 7.B Teee iR The pill, lath Is the appelstmost of a eave. Wass and the sheds& a diesslor, ores dedisi t=l this kw, hoa 1 to 1 Ahab. widths males was to 12 *Week ea s lat slat, kr the pavan of the result of tbs psi. sad awe 11011001 e et = Mr. Serjesat Gawks had gives eras, aid whisk there was sot time a Meson Oat Wilk the mesas( having lasted till ▪ carter toLesiosic MIDLAND .-261LWAY.t. tiesersi Self yearly ifeefier-Dieby, Feb.l6.—wiamos Huseas,Bev., ILP., titsitem, ThuBECILMURT IsMoy goad the lathe waves* the areas, the salserotsf assesals, and the repeat of the dirpaess. was wadi. • • IS moan lamas the easement o< assosats salashlsi lho P'ords.trwowUlls salmi :leaved at emhselsuas soma Is thellOth 1111. mason shams. 9 ea as& ea lase asses, 94 6 ,W1 j star be l=l 1. dim whisk Ohne Ime been weeked to the Het of Diamakilkela sinew, MUNK ; ea &hew Wawa 44,1041.,. Ise • WlNagebl asg 5ari. 64441111. t Want sa dais, la aim es t s ststaisis,2,l4.ll.; Wl asking the is swifts ea seasteasocaoyiL espial mecount, 13,580,9381. The aniseed atiiended to the 30tn of Juts last was 13,268,1183,414 - siesiej aa th4 -Tar ending the 3lst December, 158,8371. for parliamentery mews, seslAri.l " seeoent fisheyes held by tite 4 Em albs rallWfxra. ma szpseditate 1 and Lavin a balance tae ""forty of 461, Tbs means assunt for Ze " halt year smilax the SIM Deember shows that 308,4931. had been received fir the esaveyanos of passen gers • 10,1241. for horses, sardines and dogs ; 22,4021. for parcels 6,6741. for settle ,• 12,7424 fn. mails; goods, 161,9061. ; minerals, 85,8011. ; total traffic receipt. on the railway, 613,1431. • Alibi canal, 3,6021.; rents, 3,0161. ; in. tenet, 6,6324 ; triads fees, 3671., nuking the total revenue for the half year, ineledieg 1,5611., the balance from the last account, 6 28 ,4601. The expenses were, for mabitenimes of way and works, 26,9021. • locomotive power, 81,7621.; coach and weetten repairs, 10,9231. ; coaching, aersount, sale,- ries, as., 29,8601. ; goods department, salaries, Re., 32.0121.; other expenses, rents, &e., 30,0271. • total woekiag expenses, 211,1791.; rates and taxes, 16,388 e. ; deity for en ! 12,4781 • debenture interest, 50,1921. ; half-year's dividend on the 81lieffield and Rotherham 6 per cent. stook, 4,6001.; ditto on the Lelesater and Ileranni 8 per cent. sleek, 5,6001. ; on the Leeds and B 10 per seat. 22,5001. ; on the Beblei mad Birminghaia 8 per amt. Wok, 50,7741 ; the pepeeientill& shares chargeable tore veme 12,1001.; ese , Ilft the total share ea revenue, 416,1104, end a banes of 212,350 E, from win* is to be de daMai 10,0661 as a fund for the renewal of the peemenest way, leaving a disposable balance of 202,8601. Vto dividend. The disposable balance for the eaded the 30th of June was 196 4601 ., oat at a *And was paid on the consolidated stock of the et lbe rate of 8 per cent , per annum, amountiog In ansa at 198,3791. The statement shows that while thin bIN been ea lacrosse of 6,8901. in the disposable %dawn sf tkm somas amount over the preceding half-year, them bas bees as iisreses in the capital account during that pods& st 1114.1751. The C. 11•14, in moving that the report of the dl- MSS be adopted, stated that they felt that they had dim. tXtheir duty the beet of' their ability :if they bad i i to t was frees want of judgment, and not from want of as honest intention. Mr. A. H. WEYLIE (of Liverpool), to moved that a esemaittee of inquiry be appointed, toinvestigate the real state of the company, efface. The CHAIRMAN warmly defended the Board of Diem Mrs, and expressed his surprise that such a resolution sheet& have been proposed after the exprevion of confidence whisk they bad gaven to the directors. He challenged hon. pregristers to bring forward specific charges, and the dire.. ton would be in a p osition to meet thirst. The books were open to any proprietor for inspection, and the directors would call a epccial meeting at any time to receive any somplaiat hem a shareholder who could find a flaw in their books, or in their conduct. So long, and ao longer, as they retahsedthe confidence of the proprietary they would labour for sleek inbreeds ; but he did not se how say gen tleman could eontiaue to tit upon that board if such a reso lution was passed, when no attempt had been made to charge them with misconduct or dereliction of duty. (Cheers.) There were many speakers pro and eon, but the confusion was at times so great as to render a faithful report impossible. Dr. O'Brien withdrew se the seconder after the declaration of the chairman that he should regard the vete as one of want of confidence. Mr We lie would also withdraw as the mover it the chairman would promise that the scounnts should in future be made out after the model of the London and North-Western; and there was a generally expressed wish that the amendment, which at first seemed to have many supporters, should be withdrawn. No arrangement was however ease to, and a show of hands was taken. Very few hands were held up for the amendment. The report was then adopted ; and a vote of thnnks to the direc tor., expressive of entire confidence in the board, moved by J. Btrutt, Esq. (high sheriff of the county), was carried by acclamation. A petition to parliament on the subject of rating of railways was passed; and a vote for 15,0001. for the ankstement stations, rendered necessary by new lines running up to them, was taken. -- Thanks were voted to the chairman, andathe — meetieg separated at a little before six o'clock. WEST CORNWALL RAILWAY. Half-yearly General Meeting.—London, Feb. 15.—Capt. 110011.04 in the shale. The report stated that In conse quence of a circulation of a printed statement of the com pany's position in August last, and the efforts of the mem bers of the local committee in Cornwall, the erroneous imprestions which had previously existed respecting the company's affairs had been removed, and assurances of aid from owners of property on the proposed line of railway and other gentlemen of kcal influence and interest had been received. The suggestions made by the board at the last half-yearly meeting, by which it was hoped that proprietors of shares paid up in full would see it to be their owe advantage to concur in a plan for equalising the burden of interest and dividends on paid-up-eapital, had not been met. The directors, therefore, had had regard to the neesmity of easpendivg calls, and having been thus thrown for their v s - 1 sources upon the net profits of the working portion of the railway, had found themselves unable to continue the pay- I nest of four per cent., and had given notice of the emetics of such interest accordingly. The only mode in which the proprietors could hope to realise a fair dividend, would be by extending the railway in successive portions as the funds of the company would admit ; but they should at the same time beer in mind that every year's delay would necessarily throw some additional dead weight on the capital of the company, notwithstanding the efforts which had been sucxesfully mode to reduce the outlay. Agreeably with their intimation to that effect in August last, the directors had not entered into say engagements or contracts involving expense upon the proprietors. Arrears of call upon 2,025 shares had been paid ascii the 30th of June last, and the directors would pursue the course adapted to recover the sums due from parties in default. No renewal of the overture+ previous) y made by Mr. F. Mowatt, MP. bad been received, and the proceed ings had gone on without interruption in the hands of the solicitors specially appointed for the case which was expected to come on for trial befouls the expiration of the present month. The application of the company to the com missioners of railways for an extension of time for the par. chase of land and the compleion of the works, had resulted successfully. and the certificate of that board bad been given, extending the powers of the company until August, 1861, for the purchase of land, and to August, 1865, for the com pletion of the works . The directors who fotmed a local committee had periodically inspected the works of the opened portion of the line, and had revised the whole afire accounts and expenses. They had found the condition of the works generally satisfactory, and where repairs had been re quired they had been executed and paid ter out of the re venue account. One tulle of new rails and bearings bad been received, and had been laid down in place of the old ones. The engine., carriages, and waggons, were in fair working order, and the consumption of the former had been mate rially lessened, and the mileage cost of the trains reduced. A reduction had also taken place in the worbing staff, and, under the are and zeal manifested bythe superintendent, Mr. Pike, and the resident engineer, Mr. Brunton, the di. rectors were happy to find their anticipation of an increase in the net returns had been r allied. The revenue for the half year ending 31st Duna) r Let, exhibited, as compared with the corresponding period of 1847, an increase on mer chandise and a decrease on ores, coal, sand, and passengers. But upon the total balance of net profits on the last half year of 1848, as compared with the correeponding half-year of 1847, the increase had been 3911. 10s. 9d. The directors attributed the diminution of the gross receipts partly to the late general depression of trade, but more particularly in re spect of passengers, to the high fares charged by omnibus proprietors who connect the terminal towns with the present broken portions of the railway. This sub ject had received due attention, and means would Ise taken to prevent monopoly if it could be effected consistently with due regard to the funds of the company. On the other hand, a new traffic had been opened on the Truman branch, which would not be lost sight of by the local enunittee. The directors desired, emphatically, to contradict a rumour, to the offset, that there was en inten tion of breaking up the company, and they repeated their envied= th t the local sources of traffic on the line between Truro and Penzance, were alone sufficient to return a satisfactory divid end on the estimated expendi ture, and slur that such dividend would be increased ma terially by the soostreation of a railway through the eastern districts at In the meantime until the forfeited shares should be disposed of, and the undertaking placed in a position to shines, it should be remembered that the com pany, although only he polemics of a partially opened rail way, had a traffic suadent to pay the necessary expenses and leas interest, with a small surplus, and with no liabilities which the exercise of madame could not meet, and eventually liquidate. The receipts during the past half you were as follows : For ore traffic, 3,8211. dc Bd. ; oral ditto, 1,7561. 10s. lid. ; lead ditto, 1341. 14s. 9d.; merchandise traffic, 1311. 16s. ; ditto exotousers, 1411. 10s. 11d. ; passenger near s 7341. Os. ad., which, with a balancer in band on the 30th June bet of 1,3461. 10e., makes a total of 8,0801. 7s. 5d.1 The expenditure amounts to 5,1231. 4a. 4d., which, with interest on mortgage loan 2361. 91. 7d., ditto on debentures 7281. 2a. 13d., and a Wanes of 1,9931. 111., shows the total on the debtor side to be 8 0801 . 75. 6d., and leaving a work isg profit on the line for the peat six swaths of 1,810195. 14. The CHAIRMAN said that since the last meeting far the election of directors a new board had been constituted, which he believed romemed the aeslidenee of the great body of the proprietors. (Hear.) Tither's dearly missed by the feet thin the dinettes bad sew prods b shares to the amount of between five sad obitheumwd. thee 11.10111.10181. shares had bees paid up, end fist d their riseistissa bad mak with out a firrestiest. The directors bed Itosil that the rands arising *ea ea amid sot be relit& es ew the pay load-et Lateral, aril Midland that it was the ustabsous folio, of the abanitaiiiss that cell. should set be node for ber)tisd be was bayir re te ss l a rwea that Itzw=m, best t ied by the by set derreptiai any sash oall. They bad thee - lowa Moms kr their restareas ea the wtoldikpeatioa et the =, they bed fassd that, tear w ith:reed there bad bass a mall son des when divided tam the thweheidars. would set areesst te ewe th S s. or le. at rout pee share. They had, thirds*, massed it advisable ft emery the Wows to the aredaressesot. Wi e t= r e=sowsa, he was slat to ray they had bees oboe I. It woe to be ressteled list dot pieties et the M A X: Wen Hal e and nein* was set is • 14111 w toslities ler sale& stodwolestithat It required ass beta lepetlera dolmen (Isswailwitelf maw), make Wined its was es Is attributed le the steeps= et the gradiaste. Thaw bad boss a falling el la the astiktp_at the peat year •seapasid with the previous yeas at NIL e‘ but ea tbs elbatbsed there had bees a daresee atfllLie.4l. es it empostieorw of 1848 ea compared with ma. -Frew theasismte et /Ir. Nasal, it appeared VW sheet 1.0,0001. ia oddities to the meaty already exploded ea the Sae would be invited to compiste it ; sushi esaidiesi 31 Weald be prudent, before any farther expense should be incurred, that ireful estimates should be made, in order that any impru dent rap, uses nalplit be avoided. The estimate for *aft had been mule by Mr. Fisher. a gentleman of very R eese experisse-, and he had stated that the company might reasonably expect 72,0001. per annum when the line should be somPlolda. D/Iludlise 60 per amt. boa this amount for expellees, a balance of 116,0001. a year would be left for the shareholders. For his own part he most say that he consi dered the estimate a Sir one and not exaggerated in any particular. (Hear.) After some farther conversation the report was adopted, and 1,100 'amid shares were declared forfeited. Meters. J. Hansard, W. H. La Sarre, end John Lawrie were then elected Useless, and Mr. J. Q. Turnbull, auditor foe the present year. MONEY MARKET. TIORIDAY ZIIIIIIIIO. The Bank directors had again a long sitting on this the regular board day, but it is scarcely probable that the time wu occupied in any considerable degree with the question of the minimum rate of discount, which, however, it was resolved should remain without alter ation, for it was generally understood that various matters connected with the internal economy of the Bank, and its administration, engaged to-day the de liberations of the Board as on several recent occuions. The decline in the funds of about 1 below the open ing quotations, pending the sitting of the Bank Board, had prepared the dealers and speculators in and out of the Stock Exchange for this solution of the discount (petition, and in some quarters was treated as its legi timate consequence. Such a conclusion would en tirely overlook the presence of other circumstances af fecting the value of securities, for the moment at least. For, early in the day, it became known that sales of Consols and other stocks, to a considerable amount, had been made yesterday, and were conti nued this mornioroon account of some of the railway companies, but thote notably of the London and North Western, for the realisation of funds wherewith to meet the parnent of forthcoming dividends on shares. Again : parties usually in the habit of acting for the Irish banks were found to be @ellers for heavy quantities of stock ; and in this, am in the other case, for money. The fall in Consols, from 941 to 94/, be! fore the Bank Board had broken up, is sufficiently ex plained without attempting to connect the former with some anticipated determination on the part of the latter ; and so also the further fall in Consols to 931 1 subsequently was attributable to caves and ope rations of the same nature quite independent of the announcement that no alteration would be made in the official minimum rate of dis- count. In the present easy state of money affairs, with discount accommodation readily obtainable in the open market on good paper at rates so moderately ranging from 11 to 21 per cent., it is neteibing a very undue importance to Bank action to suppose that it should occasior, in a time of com parative calm, a fall in the market values of public securities of shoat one per cent. in one day. As suming so simple a movement of the Bank to exercise so much influence upon the funds, how shall it be reconciled with the fact that Con sols not only actually advanced whilst the Bank board were sitting this day week, when the rumours of a movement in the shape of a reduced minimum were quite as strong at the least, but maintained their advance after the movement was known to be negatived, and subsequently continued their upward course, until, from 921, buyers then, they reached 941, or say the extraordinary rise of 21 per 1001. nominal within the short space of four or five days? Bank action being negative last week, as well as to-day, the results should be uniform, sup posing the regulation of stock values se absolutely dependent upon it. Consols recovered slightly from their lowest point of depression, and left off 934 to 1 both for money and account Reduced Threes, 94 to 1. Three-and s-Quarter per Cents., 941 to 64. Long Annuities, 9 1-16 to March Exchequer Bills, 41s. to 435. Fem.; the June Bills, 465. to 495. India Bonds, 61s. to 535. prem. Bank Stock, 195 to 7. The half-monthly settlement of account was the leading business of the day in the foreign market, and many of the transactions recorded grew out of it. Prices generally were fairly supported, with an im provement in some instances. Dutch Fours were better at 791 to 801. The Two-and-a-Half per Cents. 50 to 1, as before. Belgian were quoted higher, at 81 to 3. Russian 108 to 110. Spanish Fives left off 171 to 181 ; the Threes 291 to 30 ; Passives, 4 tot. Portuguese, 25 to 6. Mexican were 251 to 4. Peru vian, 48 to 50. New Granada in advance at 151 to 16. Brazilian higher, at 81 to 3. Chilian Threes were done at 55 ; the Six per Cent Bonds, 93 to 6. Front the Spanish American Committee we are favoured with copies of the following documents of interest to those concerned 13, Austin-friars, Feb. 12.—Gentlemen,—The committee of Spanish American bondholders have been expecting on the arrival of each mail from New Granada to tied that you would be enabled by the receipt of funds from the govern ment of that state to announce the payment of the dividends in arrear on the New Grenadian Bonds ; but this expecta tion has not been hitherto realised, to the great disappoint ment of the bondholders. The committee will be greatly obliud by any information which you, aa the agents of the government of New Granada, can give them on this subject. —I remain, &c. (Signed), G. R. ROBINSON.—Messrs. Baring Brothers, and Co. Bishopagate-street, Feb. 13.—Sir,--We have the honour to acknowledge the receipt of your letter of yesterday, in which you ask for information as to the prospects of an early payment of the dividends due on the debt of New Granada, and we buten to furnish to yen, as we are always ready to give to any parties interested in these securities, all the knowledge which we ourselves possum. The sum necessary to pay • half-yearly dividend on the New Granada Bonds, is, as you are probably aware, 16,7301. 10s. 6d. Not having in hand a suffici , nt amount for account of the government on lit Juno, 1847, we advanced 3,4201., and there being again a deficiency on lat December, 1847, we advanced about 5,00 W. to complete the dividend, but at the same time informed the government that such • course was so mach in contradiction to our arrangements with Mr. Magner', and to the system of regularity which it was necessary to pursue, that we should decline repeating such advances. On the Ist June, 1848, the sum in our hands for account of the government, after the reimbursement of our advance, was only 5,9521.155. lid. ; and on Ist December last, when two dividends were due, we held 11,1781. 161. Id. We have now for aocount of the dividends 13,3851. Direct remittances from the government to us have ceased for about two years, and the sums which we have received for account of the dividends have been paid to us by o th er parties= this city. We have of course not failed to bring the matter before the attention of Mr. Moequera, the new Granada minister in Burope,who has always expressed his anxiety tosee regularity re-established in the payment of the dividends, and we have constantly, and at the risk of the displeasure of the govern. men.. of New Granada, in the strongest manner urged upon it the necessity, for the credit of the republic, and for the sake °quake towards its creditors, to take immediate and energetic measures to provide the requisite funds for the interest on its debt. The government has stated to us that the expense of internal improvement, and the decrease of the custom-house receipts, temporarily produced by the reduc tion of its import duties, attended, as that has been, by the political events in Europe, which generally a ff ected trade, have diminished its available revenues, but that it con fidently expects an increase of the custom-house re ceipts, and that it has for some time directed that* sputter of the duties taken at Santa Martha should be remitted to England, towards the payment of the dividends. By the last despatch dated Bogota, Dee. 13, 1848 , the minister informs us that the government had directed 500,000 fr. to be remitted here for the dividend of December, as he considered that previous remittances had already pro vided for the dividend of June last. We have the honour, &c., (Signed) BARING BROTHERS, and Co.—G.ll. Robin son, Esq. Chairman of thermittee of Spenish-American Bondholders. A correspondent draws attention to an error under this head, in respect of the new 3 per cent stock, which we leave him to correct in his own words, as no doubt substantially right. Sir,—ln your City 'Wide of this day I observe a slight inaccuracy, which, in justice to Porisi and Mr. Thornton, is as well corrected. Of the dividend us for the first half year of 1847, thresfourtlis &repaid "in cash," and the re mainder in active, not deferred stock. To the credit also of Portugal, the dividend is payable on this new stock from the day the coupons were due. Thus a dividend will be paid at once. It is no great affair certainly, but I cannot help con trasting this honourable :conduct with the ruinous delay practised by her neighbour Spain. Not a penny paid on active Spanish for eight years. Portugal bas allowed a lapse of two years only. Observe how Spain benefits by her own wrong. Suppose the coupons even funded into three per cents. en the earlier coupons, due, 8 years of interest would:bave accrued. Thus, suppose a person held 8,000 active 5 per cent., his first half-year's coupon of 1840 would be 200, on which 61. would have been annually due, amounting to 481. and upwards ; or say 24 per cent. ! I venture to point out these facts, hoping Mews. Capel, Tacker , and Stokes, and others on the ed interim committee, will not fail to bear them in mind, when any I l nunt is effected, especially 111 PriarlPsi of the 8 debt is already cut down by 33 per cent. under the wino scheme.—A Bowan or Srufiew urn Portittornea Bowne.—City, Feb 14. Private letters from Cork brim gloomy latellisenee. The failure of one kaolin balm its that aitY, or uP wards of 60,0001, bee owed some smosation through out the coautyeas the nentalmeser the firm and their family cooneidoes *ere eappesed to be beyond the reach of the dun: It k said that the Bank of Ire land has loot 140004 and the National Bank 9,0001. by dab anima The banks in Cork have reedit mos book aseoule i and wean tiers failure, are expected, in of credit. In fact the every day. sequence of the limitation nee are looking gloongie ENGLISH Beak Stock. 1971 3 per Ot. Nee. Lease, 1111 4 4 3 per Ct. Con. aztaa., NI 314 t 31 New t Get Annette*, Pa 6 L• AN tattle. asp. Jen. 6,1860, 11.16 3-16 Ditto, 30 In., esp. Jew. 6. 1810. 611 YOB/UM 6 per Ct. Breillen Soak. 60 Ditto, New Dark UN eal X, 10 6 par 01. Cake D.% 3 per IN. 1 per Ot. =it 1644 1 per (IL Mann& troCt. M a i Sie, t= Barb. • per Acct.. Web, 18, 411 Ct. Parewiture BeetBe, X lodts Donk wider L 1 010.4 Bonk Stock kr Ace 4 , 19z1 lloes. for Acct 614 W l * az Itiaz Dlllo e. O. ar At !;19,1•1i.:11‘1999.M179441143: J.ze z ,49 6 Di g!: J - wie. kW" 161 N 4114 IIINDB. b per , 109 CA Raglan Boo* 54 per CL AIWA*Ida6O4 trte4 pm, OW. ACM. Feb 11/4 176 10 Der C et. Boat* helve DIL, 44 3 per apatisti DU, Amt. Pik 26, 191 24 par Cosl Dukh II 1,1 Q 60 4 Ditto, Met.. Feb. 16, 604 • 4 OW CL Day* Certif. 44 m Ditto, ACet, Feb. 0 4 004 From the DUBLIN GAZETTE, Tuesday, Fe 6.13. INSOLVENT PETITIONERS. J. Phalan,ail Daniel, tostals. comer- IJ. 11.11.v0n No*. c m . eta trays% oe serd H. Dams, Lams, Dalliances, Anklet, Dublin. -olks ia the •city of tamer. Fran Me EDINBURGH GAZETTE, Tusaday, Feb. 13. 000TCH SEQUESTRATION& Wit.cum Kammer, Edirsheritl. linter W 1133 MOH, Feb. Is Mardi 23, et Dowellh-ehamb., Edinburgh. Thos letacerm. Dowel Maine, Da s trimulllea. sebum eimr Feb. 21 h Mareh23, at Dalrymple's Golden Botra lfen,Derablet , Joan Mom Gartfarty, lAnarkshire, lime ocedramer, Feb, 31 k March 14, et Cloottises Hotel, Glasgow. KART &NOWA Of OLIMili & ALICLANDti C 1311771111, 1140, 00. umbrella makers, Feb. 23 & March 16, at Stevenson's &&42114 AxtrwitfoOK, Glasgow, spirit dater, Feb. 22 & March 13, attbs warmly Tavern, Glasgow. lowa Mtcuauson, Glasgow, grocer, Feb. 22 k March 13, a t th e me ROA GIOR&OW. SHIPPING INTELLIGENCE. Mai es Oxempcodests, Os " Shipping Gunk," dud * da d yr i th, ALLii 0 Eif ••• • • ......... • • • • • • ° I Lisboa o Sydney N.S.W.. .. . 0 0 India elosthai3iPolvi;.. MIL ° 0 India •111Nareelike 1 01 • 0 Boston and log 0 Mellon and Hannah. • rikl 0 ive•At ..... Augustine, hrbiol, Feb. IL Nantes Asa, Bridal, Feb. 14, Neale, Adm. Moursen, Deihl, Feb.l4, Gravd. Ann, Merrick, Feb. 13_, II:calla Matronly, Stockton, Feb. 10, Beate, Almada Andy Shoreham, eb. 4, Boehm Alida, Waterbed, Feb. 12, Bayonne =4,Deal, Feb. 14, Newastle Porten,. Feb. 14 Newcastle Abel Gower, off the Wight, Feb. LS, Lyndon Arladee, Bathes), Feb. IS,Glaagow Albert, Barth, Feb. 11, Oberbausr Arlina,Onoxedeod, Feb. IL Geeresey Albert, Waterford, Feb. 11, Breves. Albert, Gravarend, Feb. le, Cana Azure iGnircaesd,Feb.lB,Antwp. Acorn, Bristol, Feb. IL Gasearthes Abbas, Wheal, Feb.l3,l4cath Ann Guthrie, liirietaL Fhb. 11, Hon Albania, Liverpool, Feb. Hi, N.Ovlssa Britannia, Wheel. Feb. LO,Ousarthen Border Chieftain, Gravies* Feb. 10, Charente Norte, Oravesest, Feb. 14, GeaveNie; Hos keened, I.leal, Feb. 14, 0711101111111 Blade, Led, Feb. 14, °mewed BUIL ElliVint Feb. 13, Twatalte Hose Sultana, List., Feb. 11, 12W110 Borneo, Deal, Feb. BAIN& Heoadwood, ,Deal Feb. 14, Myth Calcdoala, thnerlielt, Feb. 13, Halals Clillde Harold, Plyne.,Peb. 14, Leedom Comdr. Deal, Feb. 14, Hartlepool Cloimotatke, Holluity, Feb. 11, (for Trlaldad) Cramer*, Rodney, Feb. LS, (for New loek Cybele, Deal, Feb. 11, Oessearad CekeUne, Gravelead, Feb. 14, Caen Clq of 14,Nterdaw, Gravesend Feb.l3, Itldellebard City of Doldogne, Gravesend Ho , Feb. Is, olowne Caroline, Portion.. Feb. 13, Yonaltal Dolphio, reruns, Feb. 13, Switansto Dotpidn, Sunderland,Feb.l3,llusWng Eagle, Deal, Feb. 14, Gravesend Englawl, Deal, Feb. 14, Sunderland Emilie, Deal, Feb. 14, Neweastk F,Ntestkulnist ,off Dover,F4l.l4,NewC. Redly, Itrlstol, Feb. 13, Llamas Fenny, 11/istoi, Feb. IS, New Quay Frisk ,Ilatericicreb.l3,Conatantlsople liame L Waterillnel, Feb. 11, Sewn Pb..., semi. Feb. IS, Newcastle Franco, Bristol, Yob. 14, Myra Olutio,LimeArk.FebllljDomtaailso* Gratitude, of Orr Wight, I.b. (F.r lbw Teel) *maw, isvarp., Feb. IS, Lisbon Mimosa, Pertam., Feb. IF, Capita Albion, invesend, Feb IS. lhoulogne Agnes, Abater., Fen 11, 'Yunnan' n imi .A..Aaleant "dh tt a rg e l b e s , Iltal ti tr e Ante, teal, Feb. Albfow, Own, Feb. 13, Cobs Branson, Swamis', Feb. 1 1, Rouen Hraegwood, Deal, Feb. 14, Havre Den Among Deal, Feb. 16, re : DUD, Deal, Feb. 13, Bombay =Oravesend, Feb. 16, Oda! , Gravesend, Feb. 13 ',Con stantinople Dolansbine, (Invent, Feb IC HAM Clipper, Gravesedg, Feb 16, Stevie. Cato, Mishima, Feb. IS, Conan Igand CoastAtution, Belfast, Feb. IS, New New Coalman, MU,Dverp. W, Feb. 13, Leghorn • 3, Palermo Catherine healer, 'Feb.b. Shields, Feb. 13, Galata Casale, Deg, Feb. 14, Wahl,. Cybele, Heal, lreb.lll, Demerara Heiken, Oast, Fib 1_ , Glow Eagle, Deal, Feb. 14, Lanni Elli beige, Peb. 14, ltlyteally Elisabeth, Sunder., Feb. 11, Hamburg "Alb, Deal, Feb. 14, Naples Enzu Eleanor. Hrbtol Feb. lie . a, feb. Earl ltaboarns, Oosit., Feb. HI, India Elisabeth, (test, Feb. 11, Camas Edward, ENDA Feb. IS, Frieadahlp, Port'ass, Feb. C l a reeter .gea Faro, Graveanul, Feb. I , ll,ldbut Movenee, Aberdare, Feb. 13, Chutes ?mace, iletrast, Feb. 13, Gambia Fawn, Newhaven, Feb. 14, nlstWerp Slam Peale, Feb. 14, Liaison Forge.baltagh, Kingstown, Feb. 13, H•Pbts 'Debars), Livery., Feb. 13, Ghent r i rritlZZgletP677:l:llca Olenherne,Newport, Feb . 14 Hann. Harriet Emilia, DAUM B ,Fab. f, Hannover, IPrap.,geb. 15,N. Orleans Hortesta, Feb. 13, Winn Henry Panay, Dm!, Feb. 1 , 3, Boston Hamada, tbdt, Feb. 13, Oonutna Ivanhoe Deal Feb. 14, Habon Havanna Dale or4/100, Pak IS, Bruno • INr Deansurte Dundee Coale i~ ~. Otgrim, Cork,Peb. 11, FllM OiraSeDravearad,Feb. Fatah Hameln, Oravesad,Fel Tal Hameln, &Ma, Feb. ,f M. Bebe, Llem., Feb. 13,11alaea Hen. Eerba Deal Feb. 14= Harrowitale, beel v Feb.l4, Hewitt, Porten., 'eb. IC Yu Hero, Oravemd, latb. IC Gamy Gravemwd, Feb.l4,ommwe 1* of lim: tirightHelslol Feb. Ode ,besl, It Ms, Deal, Feb. 14, Gramma 'new, Deal, Feb. 14, Omani Jabea Isabella Dail, Deal PO, Feb 4 1 . IC MIS , , . , Gravemai Jam aml Barbera, Leith, Feb HAW Jahn 10111111, Firm., Febil l i ke llaha ss Vase, oft the W,Feb. Jar (Uttar:liar, lght ad Ike Wldat,Pok Doha l 'ePth" , 7th bra7 6 ;l ll eigriaa Po4lk,Oraveeead, Feb. 14, OMM Loa_ ,Orivreemia, Feb. 14, Ontillia LadDaf the Wlekt,Peb.l2,ftremi liverpoal Packet, Waal, Pit Dirdi Hrlatel, P F e et. l A, Hanby Margaret, Hall, Feb 14, riareMi Mary, Leith, Feb.l9, OW Mary, aunderMad, Feb.l3, Diem, Mary, Deal, Feb. 14, New, twycOravreearl, Feb. 14, °WNW 44,aff Deal, dFeb. eb , Nemab OrleL7l.llLerk, Feli F . ga l* °Wart, Limerick, Feb. S, Dal P o, Plym., Feb. le, Nonce Fierce, shields, Feb. li, DEM Pane, Novo, Qat, Feb. Pegollert, Fek Maces rre Victoela, IS Royal Serrerele&FlMPOli rt., l7 Hover% Bride, lamp., Dela Rae 11111, 111 7 111 .0 111 . Santiago Deal, reb. 14764srami Jorepk, Feb. tawelk Mph* Orarmend, Feb. IC law ill Taste Freres, Aterystwlo4 Pa I Three Bratben,Whoreh,Fiblkhal T ocular, Omer cad, Feb. %OM F Wave, orum.. Feb,ll, Mew leckwechten,Lorethope,YekLEMO MI William andnn A, R Moak MOM William : I , J 6 =. , , i V e e b b. , 1144,u. burs eaffle bin • Jove• Ocilla, Hu IAEA 111 44 Jae* 'hubby, Gomm% 1. 1 4 Ows Joao, Hartlep , Feb. 14, Jews Hebei, Suet hem. Jamul 24. Wager, &VW* Jaen, Klageowa, Cork,Feb. 13, Overt' James, Feb M Lux:sates, Liverpool, At 11 UNN /4 Lady Fluberbert,Deal, it= Megesolla, nem, Feb.l4, eerie, Iteeeee., deb. 11, BLit Magart Grareeesd,Feb.l.7,Reneke Jr& Ijsl, = 4 .'gri e rrwri Dunn. Weletol Yeb. II ttliai Neat. Abbey s gmtai s New W bins, Palm. Fat µHEN Nona, Men., Feb. I. Ikutot Novo I W,lxat, Feb. N. %UN (*woo, Hamm., Feb. 14 MAO liami "M r g" er, De2,.re ' b h . = I Haven, Holy/wed, Feb. 24 Tamp Restaaniekor Novo, Cbek,Feb.U,qm Rob Uie Bealer, Ulaisoir, WWII Bared, Ileeep., Feb. I S, Wens LI Meal, Oeswe•ead, Fe. Y, Gilds Bldout, Oluvesd., Feb. le, Awls Sopeeloe, Ottvwc, Kumpel, _Gravesend,F.4 becks Soliteade, MCI MOO SoubabOar Cut, Pub tt, Sank, Cotit .rk ,Feb. 13,218•2••00 avulaws„ Feb. 13, Females Nu Lawrence, Wet, Feb. 4w T 1 Three, Cleave/Id , Feb. 12, NSW Tortidge, Pelmet Fb. _nitro Uses, Itavavg.,Feb. elc lluse• Vein, VV Feb.ll, oleg e TOO Victoria, Elnrtown, Pet Mum Vemeswelaaraveleeddep i wairsluiemea& "alum FFS William, Wang., n.U. It, IN WE, re Prsham, Feb. U. Meal W to, Radek% Feb. 111, Neal T, Btoettoo,F4b. VESSELS SPOKEN. ~4emta.Ue . ,Loisdas Fob.l: CASUALTIES. Ardlncaple. from Caen for Newcastle, got entdhelod with the NO Sanda early this morning ; but cleared them without aralanaa proceeded.—legal. Fab. 14. Ar.., ,h from Shields to Oehraltar, wan in collidon mnredati y fleas, with the Alfred, from Portsmouth; which Mew down (crow seed). The Asquith) reported to have promedoi tote mo oth for repair.—Shoreharo, Feb. 14. Amelia, for Memel, to aground off peachy Mad —Linwood. yet Cookmn, for Leghorn, drove adiere and Funk In tho nimbi (ko thin morning ; crew sued.—Liverpool, Feb. 15. Investigator, for the Cape and Calcutta, oillcd and pot bark -1. mouth. Feb. 14. Jo•cplo Wheeler, for Barbadocs, put back, and sailed opio.- 4 A Feb. 13. Lady UnnUcy. from flats% for Glaegow, put In with low ef egad bulwarien.—Kilrunh, Feb. 14, Maranharn, for Virginia' heel pat back, with loas of outrider, ddio sprit Hwang, having bows =Ma with the Sarah and AAL -110 pool, Fab.ls. Sarah and Ann, from Liverpool lit nem foundered, alit Mal contact with the Mariam's, psalm& fr off Ilotyboad; al% one, sued.—laverpool. Feb. IL urea BLANDFORD—Feb. 12. tho of Blandford, dawn BROoK E.—Feb. 12. frlareete. the wife aW. Dm. ' of a daughter. CLARK.—Feb. 11. at drgyleoguare, the wifo of 0. CIIL Iht g a ton. COUSIN.—Feb. 13, at Pentamplaim, Rrompton. Mortis et 199 9 w. Cousin of aeon. FRANCIS —Feb.lo. at Cambridge. Moe. 0. Wands. ofe 09 . FRANCS Ll:4.—Feb. 10, at Cheltenham, the wife of the 1 1 * Yranchlln. of a eon. RESIC Efili.—Feb. 12, the wife of R. Reagetb, Esq, of nll4 Wert, of a dation g Bi.iltS.—Feb. 10. at Edinburgh, MM. R. Born, of a so* MADIOAN.—Feb. 9, at Litman Rome. Ilaventock ail. Rm. " Il f ra f kr n . -149 . 9 . at Dublin, the wife of J. 1111m10, 9,1 a eon. NIK 110.—Feb. 12, at Revemblwroad, Wanderforth•r o99 . 69 " .' 9.2 - of • dauabter. Belvidere .s. IttiUmiof a WATT.—TeL 1 . „.-_O. e t . Oottage. Dalfraughlls , the oda 0 B. Watt, of • usugnier. ARBIA OHS. SLAMS-000Kit —Feb. Lat Witippinghant. Isle of_Wr Cs,' Maim Kg.. M.D.. eirroso ß.N.. eon of ($ O. O . usher to L.B.F .'. PAIN Albw‘ to Oiroitte. qtrof J. Cooke, Irioq .of Belie Croft, Newport. lais or ~ HOD -XIS—BOWYER 13, at Hove Church, Erldnootht H. W. Hodgson, curate o• Wrotham. Kent. to Anne "lissetlar. daughter of the late W. A. Bowyer, Esq.. of th e Manor Soft . lam. Surrey. HOW ARTII—.) ONES.—Feb. 12. at the N., y er .gos *gee ford, b, the Rev. D. Howarth, D. Howarth, Jun., to UM* the logo E. Jonea, Ern., Hoedown. Wales. LOCAS-011ADW 101.feb. 10, at AU Saints' LOGI Ai.2..i iiiistell. R. Loma, Esq.. of Long Aaiun to ' Minions. Ise. , daughter of J. W. Chadwick. Esq.. of the seine place. MAYSE—RLAIIL—F b. 11 at St. Saviour's. Oath. the 1 111, / es Hann. third en of 0. 0. Mayne. lort.. of the Mang Dol st„, more, to Elizabeth Louisa, eldon daughter of the laWlarst.e. 11111r.of the 11.5.1.0.4 Servios. BY MIE—W ATtiON.—Feb.l2, at Edloboro, by the Ise. ilf. fl"' 8 . 7 FA., manager of the Provincial Bank of DOW. to 11 ye ann daughter of J. Watson, Esq. TON KIN —DOBBLE.—Feb. 10, at Edinburgh. the MC /dyad <Boom, missionary, youngest eon of the Rey. N. Tontio.„...S vicarage, Cornwall. to Beliefs. lounged daughtat or a . '" Debbie. &N.. of Sating Hall, NOM. DIATHS. BARTLETT.—Feb. 8. at Wimboone Home, Dorset, Dt." H. Bartlett, 11.4., and 84,, el. BELLANI Y.—Fda U. at alsethmoottunon. H. Bat" —' House of soda. OLOSE.—Feb. - , I,.a ssmothi. Mary, wife of the Bev L. Chia it # bent of . 1 OTIS !HAMM—Feb. 11. at Harrow, Mary, wife el the IA 3. Conninobsth, der of Harrow, seed 49. HARVEY.—Feb. 10. the Rev. B. Barmy, rector et MOO Inez. .. rust 3.$ 808 11.—Feb. 9. at Otuttnard. Llotowdl, MM. wita . """ — ate et the Nth Pooh -.A st JOSEPHA—Irob. 10 at For.aoum Y. y o geos. Z w e a sp o si U (CR INTOllll.—Feb. - I,V ed" .ohiroboo. If WI ig. MOO kl l = ai M nor Deihl. MVP * Wird° of T. Igrgble l i . sea a t$ PAwLtil k at enatertsgroo. now Bridgews Bo . a ' limitths. At rso Mac— •• Lemma. Han, zaketinhen. Ws *wog drnagbtar et J. B. Stay, Ilso. aria TUBBIER—Fob. 13. at Mistook How.Tuabridl B44ll6.lll wife of T. TWINS. seg.. aged a J. Wed ° W:=e hH*ll . 11,..._ ..........._.....__......... itatann01t, Kthd]daughtor of the Svc 10 10 POMO sad potato! by WILLUX Rico Hates, ot fr o lmoi Agee% ta the ow of London, Pthator. at the OSA ilk _ kilo MINI of Misdikoh—Faiimv. Fintaill A ~"~'