The Express.
London, England, 1864-06-24 00:00:00

08.1147 INDIAN PININSUL.4 RAILWAY'

(THIS DAY.)

The adjourned half-yearly meeting of the pro-
prietors, convened to receive the accounts for the half-year
sadist/ Denecobse 31, 183. was held at noon at the Loadcm
Tavern ; Mr. W. J. Hail:won in the chair.
The account., having been published some time before,
were taken as read.

The CHAIRMAN. in moving the adoption of the account.,
laid they bore out the statement which was made in
the report of the directors. There was only one point
to which it was tiecusary for him to draw atten-
tion, namely, the large amount which they had
during the half-year to pay for compenution. That
amount was 23,7001.—a very verities item, and one but
for which the profit. would have been much larger than
those of any preceding half-year. The 100 arose, as they
were aware, from the damage dope to improwed suttee ;
and arrangement. had bees recently made which it wee
hoped would prevent lame of that kind in future. At
three stations machinery had already been provided foe
pressing cotton.
Is. reply to a question,
The CHAIRMAN said that in addition to the lose Ely cotton
In the half-year reported upon. there wee one arising from
the same cane in February last This loos of wine did
not appear in the accounts.
The motion was then adopted, and the meeting separated.

INDIAN BRANCH RAILWAY COMPANY.
(MIS DAY.)

The half-yearly general meeting of the above'
company was bald at 1 o'clock, at the London Timm ; the
Marquis al 2'witgrioats M the chair.
The report, which had already been published, having
been tame as read,
The Cumuli moved its adoptioe. He add that
company was the Grit company that had undertaken
to make railroads in lads& without a gsamoteed
sate of interest. An former companies had obtained a
gnamatee of 5 per cent., sooomcanied with goverment con.
trol sad delay. That company asked for no guarantee, and
Was, therefore. not subject to government control ; its
_object being to establish light mad. in various parts of
India, which would depend on their own merits. The
past operations of the company had been limited by the
neceenty of proceeding gradually. The Manistee
branch line between Calcutta and Senores received
the approval of the late Lord Elgin. It was opened for
day *mac only on the 21st of December last, and the re-
veries account up to the 31st of March showed a receipt of
1,650/.. and an expenditure of 600/., the profit
being 5 per cent oe the outlay of capital. After
Lord Elgin's Inspection of the Nulliatee line, 796 miles
• additional road were granted by the lodise government
to the company in the provinces of Oadeand Robilcund, and
Maps had bees taken towards the ooustructiou of the works.
He then entered into a detailed statement with regard to
the lines embeaoed is the mileage just mentioned, and said
the government had undertakes to gm* the company 1001. a
mile per annum for 20 yearn as a subsidy. Tho total cost of
them light railroads would be about 4,0001. a mile, or only
one third of the average met of the ordinary railroads, and
Ist aeticipated great MOMS for the company.
Mr. .1. E. WILSON. eogineer.is-chaf in India, made
some remarks coofirmatoty of those of the chairman with ra-
pid to the prospects of the nadertakiog.
After some discussion the report was adopted, and the
proceedinp terminated in the venal meaner.

WEATHER RIPORT.-(THIS DAY.)

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0111 NOCIIIII.II IPTEDAY.
Y.W. to S. W., ?nab to CoAns. a. W. to N.W., Aroma,
strung, equally, rain squally, to fresh,
at times. with showers.
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W. to N. and bark, Somali:v. As pert above.
fresh to strong, • itA
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IAMB& W. S. W. to
fresh, squally, some
@bowers.

Northern=9colland. Western=lreland. Wales. and ad.
Wearies •tonthern=ingilth Manna' and Say of rascal, &astern
=Eastward Ragland and North Sea

The ceremony of distributing the prizes to the
adds on board the Thames Marine officers' training ship
Woroester, off Erith, took place yesterday is the memos
of a large number of the friends of the boys, the officers of
the ship, and a large and fashionable company. The prizes
were distributed by the Right Hoe. T. MilnerGikeou, M.P.,
who was supported by Mr. Henry Gress, the chairman of
the institutioo, Mr. W. H. Ballivant, Mr. Pbillipps, Mr.
Strangley, Mr. D. Tiodall, Captain J. Dousett, Mr. Holmes,
Yr. R. Parks, Captain Trivett,

Her Majesty's iron-cased ship Prince Albert, re-
solutely Loathed at Milwall, hair been reenived into the
basic at Woolwich, to be fitted with Capt. Colee's three
cupola batteries, which have been built up by the ship-
wrights at Woolwich during the construction of the ship
hi the builder's yard, lied are sow reedy for disposal
M. de Quaade, Danish Plenipotentiary iu London,
and two &Stoehr" of the Legatioo, yesterday went over the
departmeota of Woolwich Arsenal. Their visit to the esta-
blishment had been announced, and was expected to take
Place on Monday last, by a special memorandum from the
War-offioe, in which the heeds of departments were re-
quested to affoni them the facilities necessary for their in-
pectioc. The principal object of their visit yesterday ap-
peared to be to enemies sod inspect the laboratory, shell,
sad shot foundry, and the Armstrong gun factory. To
their inspection of the latter department they devoted
nearly two hours.

News was received at Southampton last night
from Cherbourg that six to eight mon of the Alabama's
mew were drowned than we at tint elated, nickeling Mr.
William Robioson, carpenter. Those saved by the French
boat are expected at Southampton to-day.
The New York papers say that men are so scarce
Is Richmond that women have bean called on to aril es clerics
in the Post-office and other government departments. At
Mobile the post-aloe is said to be entirely served by wpm••-
Me.sre. Charles Gnmm and Co.'s ship Pride of
Abe Oosaa. from Melbourne, 79 dave oat. pawed Falmouth
yesterday &herbaria. She briars 15,0001. in rid. • aerie
el wool and 20 passengers. She landed one mail at Falmouth
sad Goa psamager.

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