The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1858-08-10 00:00:00

(By British and Irish Magnetie Telegraph.)

_ .
VALENTIA, Thursday.
Her Majesty's ship Agamemnon arrived off Douglas
Head early this morning with the end of the telegraph
noble ; the communication between Ireland and New-
foundland complete. Mr. Bright is now making or-
rangentents for landing the end and thus bringing to e.
suocessful termination his anxious and difficult task.
From the time the Agstneninon left Queenstown, on
the Itch of July, until she joined the rest of the squad-
ron at the rendesvous in laid ocean on the 29th, she ex-
perienced a continued suoouision of heavy winds. The
spline was suooeasfully made on the afternoon of the
29th, and the ships started towards their several stations.
On the evening of the same day a broach of continuity
occurred in the cable which lasted one hour and a-
half.
The ship was atoppediand thd machinery repaired,
though not till hopes of holding on the cable had been
abandoned. During Friday it blew ahead gale of wind,
against which the ship under her full steam could hardly
make way, even with yards and topinasts struck. On
Saturday, the 31st, the wind shifted round to the south-
west, and during that day, Sunday, Monday, and
Tuesday, it continued to blow hard, with frequent
violent squalls, the sea running tremendously high the
whole time, and no one expected the cable to hold on
from one minute to the other. On Wednesday the
weather moderated, but the swell was still high.
About 4 a.m. the change from the lower to the upper
Liable was successfully mode, and during the afternoon
shallow water was gained. The second change from
the upper to the orlop deck coil was made about 9
o'clock in the evening ; after whieh all went well until
the ship anchored at 8 cm. in Doubts Bay. The Niagara
Is either landing her end in Trinity Bay, or is about
doing u, 'Moray, though some delay intuit necessarily
arise before the instruments are made for signalling
through to America.
VALINTIA, Friday.
The Agarneinnon and Valorous left early this morn.
tog for Cork, where they will coal and proceed to Ply-
mouth. The end of the cable was landed safely dose by
the pier at Knightstown yesterday afternoon, the pad-
diebox boats of the Valorous carrying it. Wind being
high, it was feared the Agamemnon might have to put
to sea immediately after • sufficient quantity had been
veered out to reach the land. The end of the cable has
been connected to the company'', station, and the signal*
of alternate currents in opposite directions continue
through the cable, the currents from Newfoundland are
very good, giving dedections of 81 on either side of the
galvanometer, according as a positive or negative cur-
rent is transmitted. The regulating apparatus trans-
mitting messages through the cable is being fitted up at
each end, that for Newfoundland having been taken out
of the Gorgon, but it will probably be • few days before
they mire finally adjusted and ready for work. The
line is expected to be open to the public in three weeks
or • month, when the line overland to Placentia, New-
foundland, and other arrangements have been tom-
plated.
Quitettarow3, Friday, 7 P.M.
The Agamemnon and the Valourous are owning into
the harbour. The Nile saluted them with 21 guns.
The Valorous returned the salute with seven guns.

LANDING EFFECTED AT NEWFOUNDLAND.—The fol-
lowing inelaage woo received Friday morning, by the
directors of the Atlantic Telegraph Company :
To the directors of the Atlautio Telegraph Company.

VAZ6NT-lA.

Eleotrio communication is maintained porteotly. In
answer to the signals from our colic they returned us
this morning at 8,40, eocurately to Green wioh thins, as
directed, the pre-arranged lending eignal. The ouniplete
instruments which were on board the Niagara, for
speaking, cannot possibly be adjusted for soul° days.

THE ATLANTIC TELEURAPH.—The Times City article
of Friday say% i—The Atlantic Telegraph share* of
£l,OOO each, which were yesterday offered at £340,
Immediately advanoed this morning on receipt of the
telegram of nooses to a nominal quotation of £6OO to
£BOO. Later In the flys it wee found that holden were
exceedingly firm, arid4he finai—prioe WWI £BBO to £990.
The fine through message from New York is now
awaited with the utmost interest, and moat persons
connected with the A merioan trade are sanguine of
the perinannet impulse it will give to the commercial
interoourse of the two tiouittries, and the economy It
will also effect by frequently preventing the profitless
shipments backward anti forward of goods and insole.
As the Niagara la announced to be in Trinity Bay, New-
foundland, the connexion with New York will most
likely be established with great despatch. The land
telegraph through Newfoundland runs from St. John's,
skirting Trinity Bay, to Cape Ray, on the other side of
the island; thence there is a cable to Ashime Bay,
Breton Island, which eonneats with the lines through
Novia Scotia and New Brunswick And the United Stator
wystem down to New Orleans. The working of the
land line of about 250 wiles across Newfoundland has
not hitherto been quite satisfactory, but it answer* or-
dinary purposes, and there is an intention ultimately to
avoid it by running a submarine cable from Plimentia
Bay to Cape Breton. The financial and general petition
of the Atlantic Telegraph Company now appears to
be as follows :—Their original paid up capital was
£360,000, Mid this has been increased to £466,000, an
additional £31,000 having been raised a short time back,
and £75,000 in shares having been created to be bawled
over In payment for the exclusive privileges assigned to
the company immediately on the aucoefeful completion
of the undertaking. Although the amount to partici-
pate in dividend is £450,000, the capital actually re-
ceived IR £381,000. Out of this the charge for the en-
tire cable has been lurid, together with all other
expenses, and a small oaah balance is still in hand
applioahle to the current outlay. It is understood that
the only additional capital now intended to be raised is
the small coin that will bring the total to 2500,000, and
which is required for the various stations, Ito., that re-
main to be setablehed. The colonial concessions of the
company give them an excluaive right for 50 years as
regards the Newfoundland coast and the shores of
Labrador and Prince Edward Island. They have also a
similar privilege for 25 year.' from the State of Maine.
Prow the respective Goverainenta of Great Britain and
the United States the terms obtained are a payment of
£14,000 perannuinfrout each for the transmission of their
message for 50 years, until the dividends amount to 6
per pent on the original capital of 2300,000, after which
eaclOGovernfuont is to pay £lO,OOO a year, such pay-
ment to be dependent on the efficient working of the
line. Previously to the failure of the first expedition
which sailed on the 4th of August, 1867, and lost 383
miles of cable, the £l,OOO sharestouched about £1,150 or
£1,200, and the lowest point has been OW, a sale having
been made at that price since the attempt last June,
•hen there was an additional lose of 480 wiles. On the
Present 000asion it appears that nearly 500 miles of
cable remain, the total paid out Iron) the two ships hay.
Mg been only 2,022 miles.