The Express.
London, England, 1864-03-24 00:00:00

LONDON, THURSDAY EVENING, MARCH 24, 1864.

ISSUE of SECOND MORTGAGE BONDS,
Payable la Loudon.

1100.003 doLlars (411311,000) New York Divhdon.—Due to 1851.
1,0000.00 dollars ;t1.1.5.000, Pennsylvania Divinon.—Due In tee.
Secured by a rektstered mortgage! oonstltettog a lien oil the
Incense and all corporate milts, privileges, lands, franchises,
plant, and propeny of the Pemnylvauis and New York Divisions
of the Rail% ay.

The Bonds are redeemable in New Tort or In London at
41. 6d. per dollar, and ars Wanderahle without stamp or endorse-
ment . 4 per cent of the gross amount will be drawn =Labs
July, commencing In lOU to be paid off at par In
Interest Coupons are attached to the Bonds, payable semi-
asuman), at the Consolidated Bank In London, at the tined rate
of 4a to the dolLir.

The Bondswill De Issued at 70, vb. ;
Bonds of 100 dollars at Cl 5 15a., with Interest from April 1,1990.
„ 900 „ Lid lid.,
1,000 ~ £157 105.
Them Coupons represent £lO par annum on each gaud of
1,00.0 do:lars or nearkr 9 per cent. on price of Issue.

TO the HONDHOLDCILS of Me ATLANTIC sal GREAT

wFSIEBC 6AILRAT.

When the tint mellow-- bands o iieienneyleania section of
this railway were issued, it was uncertain whether the Company
would proceed twined:lntel) with the construction of the road
beyond Akron lin which case arrangements would barn been
made with other companies for the completing link from the, ce
to Dayton), or at one* pu.h forward the whole line, and so keep
the command of the tradic.
_ _ _

TheitielneeiTcifilePortiOn of the road between Salamanca and
Altroo, and of the branches, developed so rapidly, being only
limited by the supply of rolling stock, that the directors decided
to open the railway throughoat its whole extent with all Domino
despatch. This policy, under their able engineer, Mr. Kennard,
bus been so energetically carried out that the line is now In
operation as far as Gallon, end will be ready [orb mac to Dayton
by the let of ]lay. It has, therefore, become desirable to offer
the snood mortgage bonds some months earlier than was con-
lesuplated when the last bane of bonds was made.
Is order, however, that the original satecelbers to, or the
present holders of. the flea allonym, heads may in no way be
prejudiced by this tome of the second mat , it is proposed to
give to ending holden the minks, a wberlbang foe these
bonds, at the rote of one bond for every two now held, at a con-
cession in prier equal to a liberal boom
In May, the a hole antem of this Railway will be lnoperatioe,
consisting of Miles.
- .

The—Oman line from Salemanta to Dayton
The br.mch to Cleveland Si
The Franklin Branch and the Oil Creek Railway IN
in all about SOb miles -of which 302 have been utoomefulty
worked daring the winter. On the lit of May It In Intended to
run express trains through from New York, via UM LW
Atlantic and Great Western—Cincinnati, Hamilton, and Da) ton
—mid ohs° and Missisaippt Railways, to St. Louls-I,lollmiles,
In 40 Donn, without break of gauge or change of carriage&
The income of the portion of the line opened has re►ched
430 per nide per week—within one year of the opening
of the through route the receipts wdl be 400 per mile per week
—which will glee a dividend on the shares exoentlng II per
cent, attar providing for all expenditure, and the interest on
the whole Issue of hoods,

Divtdeuda from 16 to 26 per cent. are sot unusual on well con-
structed and properly-administered American railways: from
the numerous elements of prosperity bead by the Atlantic end
Great Western, it Is believed that the mileage receipts will
shortly equal those of the London and North Western and
other boding tingitsh railways, whose cost of construction have
been four-fold greater.
The Atlantic and Great Western ham Wisest a monopoly of the
Petroleum trait c— and paean over the most extensive bit,-
alarms coal Seta in the world, for which an unlimited market
Is oboist being opened In Canada--end for Its trait In Agricul-
tural products, a le.idiog American authority says, that when
some contemplated extensions err made, 10,000 eight-wheeled
freight on and 6030 locomotives will sot mike."
Ibe Bonds and Shares authorised to be Issued over the Main
Line sad Extensions, are :

A LHAMBRA.—TRIUMPHANT SUCCESS of
the NSW ClRQUlS—aolcaowttelseet to be the beet ever
produced to Neglend.

A LiiiiMßßA.—The greatest female rider of the
aim the insidious lid!. LOUISE LINNET.

ALHAM BRA. —BRILLIANT EQUESTRIAN
MUM "THE RIDE for the IILBBON."

A LIIAMI3RA. -MORN 'NO PERFORMANCE,
SATURDAY. M eidetic Next 'reek. on Randal, Wed-
nesday, and Saturday, at t Ever) Evening at half-past 7.

THE OXFORD. —The present interpretation of
FAUST eastitates an epoch in the history of this hall.
already famed for the brilliancy of Ita operatic selections.
largely augmented vocal and instrumental mourner ham bean
added to reader the present selectium from this universally popu-
lar opera woriby of the parent work. Faust, Mr. York":
Itephisioyanea nr. Green klarguerite, Director,
Mr. F. Jiiiabmas.

GREAT REDUCTION in HOTEL CHARGES
at the BletetWlCK, Jaeutruutroot, St Janda, through
sat the Wishoriourre.

THE BRIMFIELD RESERVOIR—VIENNA
BA.N/L—The BUILDER of THIS DAY, price td., by poet
U. contains :-.lPlne View of the hank and Exchange, Vienna—
* Wider —The Motive a Paris under Napoleon lll.—Tite
Bradtleld —Freoch and English Engineers—The late
Mr. Richard Ms—The Haiti* of M. Clement, Rome—The
Mosaic Work Widow% Tomb loose, Windsor Castle—Mut-
mon from t.llg litatilide—Aa Amateur on Modern Buildings—
Architects' Wirolent Society —Valve of Lod in the COM of
Loudon—The Heehaw of [sot's Mausoleum—Zinc Roots, de.
!e.—ollice, 1, Toekotreet, Curentipirden, and all booksellers. .