The Express.
London, England, 1863-08-11 00:00:00

LATEST SPORTING INTELLIGENCE

lir Lanny maaßaii.)
WOLVERHAMPTON MEETING•
(THIS DAY.)

CLEVELAND CCP. About two miles three furlongs.
Fairwater, Teddy, and True Heart ere here.

NURSERY 11 A N DICA P. Straight half•mile.
Queen of Trumps. Faith, Chicquot the Jester, Hvpatia,
Lads Maud, Dermot Astbore, King of Clubs, and Geduld
are here.

110LYOAKE STAKES. One mile and a half.
Tourist, Oldmioster, Lord of Limn, Misfortune, Ophelia,
and Middlewatch are here.

I'ATSHULL STAKES. Tbreeloarters of a mile.
Livingatooa, Lady Clddan, Midortune, and Mountain
Buck are here.

STEWARDS' PLATE. Straight half-mile.

Southport, Erythie, riukepoe, end Chicquot the Jester
are here.

FIFTH BTE:sINIAL STAKES. Ooe mile and a half,

Procella, Aoulyte, Fisherman', Daughter, John Gully,
Crytheia, and Audavieuae are here.
ARRIVED.—Fiat Sheen. Peignoir, Change, King of Utopia,
Sorceress. Minion, Wildman, David Ann, Highland Mary,
Light Heart, Leap, Borealis, Pony, Jark o'Newbory, Ac-
o..ptance, Prat Lancashire, Lady Trafford, and Highland
Mary.

LONDON AND BLACKWALL COMPANY.
(THIS DAY.)

The half-yearly meeting of the shareholders was
held at noon, at the London Tavern; Mr. J. N. Dalincm.
in the chair.

The report said :—" The gross revenue from all sources,
with the balance of 997/. 105 Ild. from the previous ac-
count, is 61,5451. 145 DA, and the expenditure 21,394!.
N. 7d., leaving • net profit of 40,1511. 14s. 3d., and after
payment of interest on debentures, amounting to 8,4691.
6s. 10d., there is a Wawa of 31,6821. 7s. sd. for dividend.
Out of this balance the directors Cr, enabled to provide for
dividend on the 4j per cent. preference capital, namely,
2,7711. 2s. 11d. on 12.1,1621. stock, and 2,70t1. 13s. 6d. on
19,522 shares, and to recommend the payment of a dividend
upon 1,459,0601. ordinary stock at the rate of 3/. IN. per
cent. per annum, which will amount to 25,5331. 7s. lid., and
leave 6,6691. 3a. 6d. to be carried forward. By comparison
of the revenue account with that for the corresponding six
months of 1862, there is an Nereus of 7,077!. in the balance
available for dividend. The dividend now recommended on
the ordinary stock is consequently at the rate of 10s.
per cent. per annum more than at this period of
last ear, and is upon a larger amount of espial.
The directors have to ask the sanction of the meeting to
raise by debentures the sum of 100,000/., authorised by the
Act 23 and 24 Victoria. The necessity for this arises in
the following manner :—ln the estimate given in the report
of August, 1860, of the liabilities and works to be provided
for out of the share capital of 300,0001., at that time pro-
posed to be created, the following,were amounts appro-
priated, via, to Midland Company • station, 25,0001. • to
Victoria Dock station, warehouses, and sidings, 58,Z0/. ;
and to repayment of loan from bankers, 14395/.
The expenditure for the Midland station has
been in.:reseed by 32,8771., owing to additional
accommodation having been required ; and that for the
Victoria Dock station, k.c., by 12,6091., for the same
reason. A further sum of 16,9671. was required to pay off
the bankers, and 17.460!. has been expended upon additional
works. These sums amount to 80,913/., the larger portion of
which carries interest at 6 per cent, and as it is intended to
construct additional coal sidings, the cost of which will also
bear interest, the directors propose to take • vote
for the whole sum of 100.600/. The project
for connecting this line with the railways south of
the Thames by means of the Thames Tunnel was withdrawn
from parliament in the past session, but the directors have
reason to believe that an improved scheme for the same
purpose will be introduced in the seat session. The atten-
tion of the directors has been given to the propriety of
providing railway communication to the numerous and
extensive factories on the Isle of Dogs, which is rapidly
becoming a place of importance, both in respect of trade
r
dpulation. The result of their inquiries as to
probable traffics has satisfied the directors that
there would be ample, both in passengers and goods,
to render the line in itself remunerative, and that a conside-
rable amount of new traffic would, by is means, be brought
upon the main line. The directors are of opinion that such
a line should be promoted by this company, and as it is de-
sirable for economy's sake that it should be made before the
ground is covered with buildings, they have caused a pre-
liminary survey to be made, and are advised that the line
can be executed at a cost of about 100,009/. ; they therefore
recommend that an act to authorise its construction should
be applied for in the next session of parliament."
The CHAIRMAN, in moving is adoption, observed that the
operations of the railway during the last six months,
whether as regarded the traffic, the expenses, or the
result, were very satisfactory. The line was an exceptional
one. It did not, like many others, want rest ; on the con-
trary, it needed continual activity arid development. Both
the passengtr and goods traffic now exhibited • gradual
increase. The company's system had not been
one of opposition, but one of courting other
lines in their vicinity. Whatever bad been done was done
with the consent and concurrence of other companies which
had discovered the value of their terminus and had become
contributories to the stream of traffic. The company might
now look forward to an increased goods traffic,
and to a considerable accession of traffic from
the London Docks. A new line on the hale td
Dogs, connecting it with the north, would probably prove
very valuable. Not more than a twelvemonth would be re-
quired to construct it ; it was brief and comparatively inex-
pensive, and teemed with traffic.
Captain MANGUM seconded the resolution. _ _

After some discussion on points of detail connected with
the expenditure, the report was adopted and a dividend
at the rate of 3i per cent. per annum declared.

BANK OF Eayrr.--(Tuis DAY.)—Au extraor-
dinary general meeting of the proprietors was held at 2
o'clock this afternoon, at the London Tavern ; Mr. Tite, M.P.,
in the chair. It appeared from the directors' report that the
net profits of the half-year ending the 30th June amounted
to 13,8951., including the last year's balance of 4,66.2.
Out of this amount the directors recommended& dividend at
the rate of 7 per cent. per annum for the half year, leaving
5,1474 to be carried forward to the next account. The
report wu adopted, and a dividend in accordance therewith
declared.

THE METROPOLITAN RAILWAY TRAFFIC. —The
working of the Metropolitan hoe by the Great Western
Railway Company having ceased yesterday evening, the
traffic was worked this morning by the Great Northern
Company on the narrow gauge rails. Whether owing
to the want of adequate rolling stock or to some
imperfection in the arrangements, great inconvenience
to the public was occasioned by delays in the trains. At
King's cross station such was the state of things that the
clerks declined at one period to take money from
intending passengers ; and refused to return money to
persons who bad paid their fares and found themselves
unable to proceed to their destination with sufficient speed.
The train learmg Bishop's.rosd station at 9.30 was &awn
by an old engine, which, it is alleged, was out of order,
and no sooner bad the train left the station
than the engine ran off the line, causing considerable
alarm to the passengers, none of whom, however, were hurt.
Assistance was procured, and in a short time the engine was
lifted on to the rails. A temporary stoppage of the traffic
occurred.

-----
DEATH OF MR. GILBART, F.R.S.—We have to
announce the death of Mr. J. W. Gilbert, F.A.S., who
held a high positiot. in the city of London es a financier.
In earl 7 life Mr. Gilbert was desirous of obtaining employ-
ment in the civil service; but, notwithstanding promises
which were held out to him, he failed in that object. He
became a clerk in a banking.bouse, end is 1827 published
his " Practical Treatise on Banking." Shortly after tide he
was appointed manager of a branch of the Provincial
Bank of Ireland, but retired from that post to take the
general managerehip of the London and Westminster Bank,
the responsible duties of which be discharged with much
ability until 1859. While managing this bank a handsome
service of plate was presented to Mr. Gilbert by gentlemen
interested in banking business in recognition of the
services he had rendered to th., principle of joint stock
banking; end on his retirement from the office of
general manager, he was elected a director of
the company. Mr. Gilbert was the author of
many works. amongst which may be mentioned, "The
History end Principles of Banking." "A History of Bank-
ing in Ireland," " The Logic of Banking," " Benking and
the Currency." "History of Banking it America," "logic
for the Million." He was • fellow of the Royal Society. and
in the International Saatiatical Congress held in July, 1899,
he was appointed one of the committee of the section of
Commercial Statistics. and a paper read by him on " The
Statistics of English Banks" on that occasion was printed
in the "Transactions" of the congress. Mr. Gilbert was
siztvaiine years of age.
TEE LATE A tel DffiCT AT II ALDoN. —We regret
to learn that the muff crisp of one of the persona injured by
the breakdown of the Grand Stand, at Heide's, during the
volunteer review, on Thursday last, have terminated in
death. A man named Palmer, an assistant to Mr. Gifford,
confectioner, wee behind the refreshment counter beneath
the grand stead at the time of the accident. Upon him
fell a mass of woodwork, and when extricated Palmer was
found to have a leg broken and other severe injuries. He
was removed to Teigomouth Infirmary, and received prompt
and efficient medical etiolation, but from the brit hi, case
was regarded as very aerial's, and death sumed at 7 o'clock
on Sundae morning.— Western doming News,
DFAPATCH OF THE BRAZIL AND RIVER PLATE
NAHA—The hovel Mail Compaey'm steamship Parana,
Oiptain Jellicoe, sailed from Southampton at 3 p.m. yester-
day, with the monthly mails for Lisbon, St. Vincent. Pest-
Dembuen, Bahia, Rio de Janeiro, Buenos Ayres, Monte
Video, Le. She took out a full complement of pawogers.
The Parana has on freight 2,3004 is gold onto, for Lisboa
7501. in geld coin, for the Brazil porta ; Eoglish jewellery,
1,6301. • French jewellery, 4.585 i. ; and • full cargo of
Engliel;and French merchaedime.