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

CORN WALL.

The hall-yearly meeting of this oompany was held on
Monday at Truro • Mr. W. M. Tweedy in the chair.
Mr. W. H. liOnd, the secretary, read the report,
which rated that the Act to extend the time for the
completion of so much of the Cornwall Railway m lies
between Truro and Fahnouth had received the Royal
assent. The directors hope that at no distant period
they may be enabled to submit a plan for completing the
line to the port of Fslinouth. They have been enabled
to issue the whole amount of £300,000 guaranteed by
the associated companies, and the consent of the ohm,-
holders is requested to the creation of a further amount
of preference share capital to the extent of £lOO,OOO,
having • .hailer guarantee and in all particulars the
same legal qualities es the preference shares already
Mined ; the whole amount being in lieu of forfeited
shares in the hands of the company. During the past
six months there has been received £273,472, and ex-
pended £100,164, The works of the line have been pro-
secuted with great energy, and the second span of the
Royal Albert bridge was most successfully placed in its
position on the centre and eastern piers on the 10th
ultimo, ready for lifting. The directors having deter-
mined on constructing a considerable portion of the per-
manent way, on amount of the company, have been ena-
bled to purchase the reds and timber for the papaw at
low rates. If circumstances should prove favourable
the directors believe that the whole of the works may be
completed by the end of the year. The report of Mr. I
K. Brunel, the engineer, Mates that during the last half-
year the first span of the bridge at fialtssh has been
raised to its full height, and the piers built up, the road-
way being more than 100 feet above high water spring
tides, and that there is reason to expect that the moon
span of the bridge may be raised to its fall height by the
end of the present year. He report. that the perms-
nent way and statical way be completed by the end of
1868.

The capital account chows that £1,393,403 had been
received, and £1,2415,008 expended, leaving a balance of
2138,398, of which E 114,079 was at interest.
. . .

On the motion of the Chairman the report wee
adopted.
The meeting wee then wade special, and formal reso•
lotions were passed authorising the issue, under the ar-
rangement with the associated companies, of 5,000 new
shares in the oowpany of £2O each, in lieu of cancelled
shares; the new shares being entitled to a guaranteed
preferential dividend of 5 per cent, per annum, redeem•
able by the oompany at par after the expiration of seven
years from the date of the last call, on giving six mouths
notice.

A vote of thanks to the chairman and director, con-
cluded the proceedings.

RAILWAY TRAFFIC RITURNIL—The WlllllO returns On
railways in the United Kingdom published for the week
ending July 91 amounted to £514,580, and for the
corresponding week of last year to £525,090, showing
• decrease of £10,510. The gross receipts of the eight
railways having their termini in the metropolis amounted
for the week ending as above to £220,882, and for the
oorresponding period of 1857 to £225,376, showing a
decrease of £4,514. The decrease on the London
and North-Western Railway amounted to £7,584; and
on the flouth•Esatern to £117; total, £7,701. But
from this must be deducted £l5l, the increase on
the Eastern Counties Railway, £l,lOB on the Great
Northern, 13844 on the Great Western, £l3B on the
London and Blaekwall, £283 on the London, Brighton,
and South Coast, and £BB3 on the London and South-
Western ; together £3,187, leaving the decrease as
above, £4,514. The traffic receipts on the other lines
in the United Kingdom amounted to £293,718, and
for the corresponding period of last year to £299,714,
showing • decrease of £15,998, which added to the
decrease on the metropolitan lines, makes the total
decrease £10.510, as compared with the corresponding
period of 1857.