The Express.
London, England, 1862-08-12 00:00:00

ENTRY FOR TRADESIMN'S PLATE.

Eastern Princes, Bsl 121 b ; Natty, 121 b ; Oberon,
Set 71b ; Ears, Bst Mb ; Dark lady. Set ; Belleiale, Bst ;
Merry Maid, 7st 91b ; Court Martial, 7st 71b ; Dr. Fumy,
711 41b ; Anted:milli, 7st 41b ,• Welland, 6st IMb ; Alecto,
6st 41b ; First Attempt, Set nb.
OCHER Autry/JAL—Paramus, Newminster f, Same,
Mermaid, and First Attempt.

PNEUMATIC DESPATCH COMPANY (LIMITED).
(THIS DAY.)

The second ordinary meeting of the shareholders
ti held this morning at the offices of the company, No. 6,
Victoriaotreet, Westminster; the Duke of BUCKINGHAM
and CHANDOB in the chair.

The report, which has already been published, was taken
as read.

The noble CHAIRMAN, in moving its adoption, recapitu-
lated the negotiations which the directors had commenced
with the Poet-office, and afterwards with the railway com-
panies, and which bad ended in a proposal from
the North Western Company to the following effect
" The railway company engage to use the tube as WOO &A
laid down, for so much of their traffic as they find they mu
advmtageoudy transmit through it, provided the speed be
not less than 15 mike en hour, the rate of charge per ton
per mile for transit service to be agreed upon between the
parties, not exceeding the present rate. The railway
company also agrees to grant sites for sta-
tions at Camden and Easton, rent free. All
the collecting, distributing, loading, and unloading of
goods, would continue to be performed by the company, or
its AMU, AS at present, the duty of the Pneumatic Despatch
Company being limited to the transit service." The direc-
tors lied also entered into a very beneficial arrangement
with Messrs. Pickford and Co. for the a tion of
a sufficient portion of their premises in reshansatreet.
The North Western Company had afforded the board every
opportunity for ascertaining bow much of the traffic would
be suitable for transmission through the pneumatic tf,soit
and they found that a much pester amount of it i
be available than they had anticipated. They had also
satisfied themselves that they could easily, if required,
reach a speed of 25 miles an hour. The Pcstmaater-
General, while declining to bind himself to any
polities, engagement, had expressed himself willing
to avail himself of the tubes, if they HOTS laid down. The
directors were much disappointed at not being able to in-
duce the government departments to agree to a general
adoption of their scheme. They had no doubt, however,
that the value of the invention would soon induce them to
patronise it on a larger scale. It was proposed, in the first
place, to lay down between Eustonaquare and the branch
mat-office in Eversholtatreet the tube which was now at
Battersea, and he hoped that that would be ready for use
in two or three months.
Captain HOISH seconded the motion.
_ _ . .

Peron did not think that the tube would answer
for the carriage of parcels over short distemoss; and he
protested against placing it on the premises of the railway
or of Messrs. Pickford.

The Duke of BUCKINGHAM said the statistics from which
the calculation of the directors had been made only included
the parcels sent direct from Easton-square to Eversholt-
street and Gresham-street. The Pneumatic Company would
be able to collect and despatch parcels more expeditiously
than anyone else, and they would therefore have the next
best thing to guarantee—the means of competing on most
advantageous terms with everybody who carried parcels to
the Easton railway station.
Mr. PENTON was still of opinion that the best thing the
company could do would be to break up the whole concern
and divide the money that was left, be that much or
little.

Mr. CORDON did not, of count, wish to throw cold water
on the scheme ; but from a consideration of the finances of
the company he did not feel sanguine of moans. The offer
from the North Western Company really came to nothing.
Captain Helen said the railway company no more
wished to be in the hands of this company than
this oompany wished to be in their. But they had shown
the directors bow much traffic would go through the tube,
and the price which they would Five for conveying it.
With times data before them, the directors of this company
were satisfied that the scheme would be a great stomas.
After some further discussion,
The motion for the adoption of the report was agreed to,
and the retiring officers were reelected.

LONDON AND BLACKWALL RAILWAY.
(THIS DAY.)

The half-yearly meeting of this company waa
held at noon at the London Tavern, Mr. J. N. Dairmx in
the chair.

The rePort, which has been already published, having
been taken as read,
The CHAIRMAN said there was much in the present posi-
tion of the company which he thought must
be satisfactory to them all. They had hitherto
dealt • good deal in prospect, but the seed they
had sown with such difficulty for some time past was now
producing fruit. He did not speak largely of the rocrentag
dividend, because that was not of itself a matter of great
importance, but he thought it was of importance when they
considered that in the present year the general traffio car all
railways had been so indifferent as to reduce the dividends
on almost every railway in the kingdom. Asother point
wee that the goods traffic, of which they had thought so
much and for which they had made pre=tions so
long, and which were now completed, had not carried
out at all by the Midland, and in but • trilling degree by
the Great Northern. The financial position of the company
was satisfactory. He thought he might say that the whole
of the 44 per cent. guaranteed shares were taken up, and
18,000 of them were paid in full, so that they wen in • fair
way to put themselves right with their beaten, and to be
more independent than when they were under the weight of
• loan. He did not know that there was anything parti-
cular in the accounts which he need thee refer to,
there mu • diminution in the exponent, but there was trot
a great deal to be said on that point, because the expenses
vaned. In conclusion, he moved that the report be received
sad adopted.
Mr. MACNAGHTEN seconded.
Mr. Prawn thought they were not quite in so favour-
able • condition as the report made them appear to be. He
thought there was still room for a considerable
diminution in the expenses. He noommended
the directors to abolish the system of return
tickets, and said be thought the prospects of the line so good
that thaw holders of ordinary stoat who had converted
their stock into four-and-shelf percent. preference shares
would soon regret that they had done so.
The motion was then agreed to.
A dividend at the rate of three per cent. upon 1,382,2101.
consolidated stock and of 3e. per share, being at the some
rate oa the new capital, ens then declared payable on and
after Wednesday, the 13th.
The CHAIRMLII thee moved a resolution converting into
ordinary stock at la per share, in accordance with the
coadltioas on whin' they were kilned, all the sew shares
(1800$ which have not been converted into preferene
ebeeee, sod ecovertieg into preference stock at Bt. 10a per
share all than shares which have been converted from new
shares (UM into preference shares.
The neolutioa peered unanimeany.
Mr. IP. W. Haigh was then sleeted • director is the plan
of Mr. Jonah Wilson, demised: and a vote of thanks to the
chairman and directors having been agreed to the meeting
sepaisled.

Hans, THE ALLIGID MIIRDEBSIL—Hayek, the
allay& murderer of Mr. Bradalsil, in so doubt still is the
saustey. as it has been reported at limerick that hs was
men es the 6th inst. passim through the Allege of Upper
(Mara►, sad that he sidled its tamer% lam la Ow asigii-
boluthood and asked for whiskey. whisk was missed be..
Hs thus wait is the Croat= of the adjoining mountains.—
Pliseasn's Jarmo&

SHARE LIST&-(THI8 DAY.)

Two o'OLoag.

There is not much business doing in the rail-
way market to-day, but where any alteration
has occurred in quotations, it has in most
instances been in an upward direction.
Midland, Caledonian, and South Eastern stocks
have improved per cent. Eastern Coun-
ties has receded 1. The other principal
stocks are without change. Great Western
stock is now quoted 08 to ; London
and North-Western, 96 to ; Midland,
1301 to 1 • Lancashire and Yorkshire, 1071 to 108 ;
South Esikerm 854 to 4 ; Eastern Counties, 581 to
591 • Caledonian, 109 to ; Great Northern, 1221
to
_ _ _ •

Lombardo-Venetian Railway shares axe rather
firmer, at 31 to prem. Other foreign, se well
as colonial descriptions, are inactive.

BILITIBH POBBOSSIONS.

S, I7d I 111411Ara21. to-
-1 I Cloalagrk.ra I Sala day.
.to 1 p.m
NO 1111 alliaaraa 01 elt ns 62 41
N. 1444.1tar.110.1444.4. 1411 102 101 k
NI 1 Do. New —
Yrekeenea . $
111
1111
s6/lil Ditenloalakonnantlll. —
Do. a 8
109 , Didt,Brank.dOodegili
Spat Da., ALag.l„ lila
andaraidb7llu2.d.L H. 78 62 id
120 100 Do. J• 171.11172, dlt4o 76 70
110 00 Do. hum 4 1874„ dltio, 76 79
St 100 Oiltatta &I. Ellilll2 lOl 102 ''''
84 KO , ToltDoak 6p.a.amn 114 1061
64
100 Naos wl 1 104
SI 109 11601 Laßa
in
* 1 Da. G. liztorlou.. 1 1 *0
20 1 Do. If. do 1 i *I
et. 140 Grand Trunk ol Causal, 21 12 211 4
100 all Do. 0 par et. Prof.
IN A D0.34e.Pr0t6p.d.9e 64 66 651
IN ill Do. 0 par ot. Moak lll 94 ssi
NI all DO. I par al. 1/02 4O 62
109 611 Da. din zoir so ss
100 aD Do. do. UM.
M 100 Gaul Indian PiMls 102 103 104 1 I
90 11 Do. Now
I I I:
10 2 Do. Isnuary, 1402
20 110 Gt. B. °flats:Vet:it 1011 1021
194 sil GLUM 120 121
214 111 Do. New se 70 116 -
IN all Do.ip.a3ds.pag73,w.op 97 100
111 all Do. 61 do.. ?LIMA,.
126 sa Do. mat Ma .96.2.73 30 91
N 1 Indian Branch Limited 4Ma par
L 1011 liadras Our. 61 par a. 91 20
N. N I Da. do. Ipm at. 101 102
L 10 De. 40 pre al Erica. NI 96
f 0 299 M4/4.00rp.11p. Ca
m. —•
all I.Druorlak d nada
dam • clap. ft. I 7 ..•
10 In Da. do. Land 64. 1 1 -
26 aD Dio. 44. B aup. de. 4 4 -
26 .1 Do. do. Lind do. 0 41
100 N. IL oS Canada II p. a. 26 I 1
is: 110 sow. Mit mi
10 15 Do. PusLoas....—
lik iisr
la all
Die, 2 --
G. 140 Ind.ll4.7lolgiske 111 100 9801

DIBIINV7I.I 810C15.

::IMIMI 61."41LltediLep.s.Jaaidhl old luv IN 100
IL lieikdk4p.4./Iscallepl:106 96 66
816101 IL i, NEAL49.9LJaa.tri Myr* id 100
... 01. Ssma P. kit 4p. at 100
IL WJElamilDa ...449.44. 109 102 104

OOLOWIAL GOVICLNMEIT

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11% I OL pekes.