The Express.
London, England, 1863-08-24 00:00:00

[TWOPENCE

LONDON (MINERAL OMNIBUS OOMPANY.

The report of the directors for the half-year
riding June 30, has hem Mad. The general
bnlaece-
shed shows that the debts end liabilities of the company
ea Ireamber 31, 1862, wen 64,0251. 3.. ad. of the de"
of the half-year ending June 30 they were 57,15901. 12s. 3d.,
a decreer of 6,4311. ][3.. 3d., or 49,519/. ss. 10d. less Ora
the amount at which they stood at the time of the art
general meeting of the compsay show its Eaglet! railer,.
two. The further sum of 2,1501. bee roe paid is radon,
den of the bankers' loan, which was thus redesed at the
sire of the Wilier to 12,00 W. A further era will be
peed during the current hall-year. The areers thus paid
will be written off the item " lirst /*tab/elm:mut charges,"
which agree oe the other dale of the beremeabset. The
sem standing at the credit of the greed metre fund on
December 31 last, was 2,4971. Bs. sd. ; to which was added,
as authored by you at the meeting in March, the
eels al tau. N. 7d. ; irk* 3.0034 914 hat the"
had to be paid out of this fund for income tax on
the profits of 1882, as also directed at the last meeting,
•
1,2 M. 19s. sd. ; and for the parcires of the ternaries 713
of the lost shares, 1,2C1. N. 9d. • making 2,901/. 2s. 2d. ;
thus ramie; the balance of this account to 5021. 6.. 10d. ;
•
there has bey carried to its credit from the roar of the
peat half-year the sum of 3,000 f. ; sad the Whore is now
therefore 3,502/. fie. 101 as shown is the balance-sheet.
The leases renewal feud boa also been increased by the
sisal treerve from rescue were and now steeds at
11.2201 3a lid., making the total amount of the reserve
kid@ 14,7221. IN. 9d., which is lodged at the bookers of
the oonmeny, and beerier interest The item of omnibus
else is 4,0921. less then the unmet whisk appesred in the
lest belance-shest ; during the year 1862, the stock was
largely iecreesed by the purchase of additsorl omnibuses
sad the oonstrectim di new 'ebbs fee' the Exhibitive
teak, which after the airs of the Kahihlties remained en
heed es surplus stock. The coestructicut of new omnibuses
was thee temporarilysuspended and the stock was we-
arily absorbed by the oordiiaq requirements of the est,
vice : several old and melee omnibuses wile also broken up ;
the depredation arising (rowdier MUM Me hem written off
the 'sloe et the der eel shagged against the means.
The korner* bugloss' of the cosidi factory, eemenuent on
the discontinuance of certain contracts for the metronomes
of stook, has rendered neeessery some additimal eiromnsa-
dation at that astehkekneent ; the directors ea making the
needful szraniresents for supplying that went by the ea-
tioo of stables at Hornew.rise, with • dew to the removal
thither of hams at preset mesa* stables in the High-
Wry-yard adjacent to and someniset for each faidory pur-
poses, end which will thee be weaned. Theremene &comet
shows that the ram receipts of the company from all sources
dreg the half-yeses ending 30th Jme, 1863, were 290281.
19s. Bd. ; during We MOM pried at 1862 they were 311,3614
14e. ; and during the some period of 1861, which forms the
basis of a more equitable comperbou, as the teak of 1862
Mereseed by the Istwastional Ealtibibioa,
71.6617111.6175. 11d. ; the gross expenditure in the Wolf-yew
ceding 3011 Suns, 1863, was 273,079/. 6s. 3d. ; Is the lame
yowled of 1882, W MI6& rai. 6d.1 sad N the same period
of UAL 291,3461. 6o 10d. The net prat of the half •year
media 30th June, 1863, was 25,3491. I3s. sd. • that of the
.ems period of 1862, 21,2691. N. ad. ; theskOwing a larger
Min 1863 then in the lird half of the Exkibitios year by
12e. Ild. The Dumber of passengen canted during
the half-year was 19,607,291 ; the number of miles run WY
5,826,573 ; the average number of reailmess waft daily,
580 ; the average number of hones, 6,167.: the average N-
osier per mile run, la. ; the average Weyer , 3ed.;
the average role serelugs per melbas per ,W. las. IN.
As • oosereenos meanly of the favourable during the
balliear, the wet d proveeder was 10,4531. 18e. Bd. less
than in the same period of 1862, and 20,9001, 134. 10.1, less
than is 1861. The current pees of all kinds of gods are
below the average hitherto pod by the coompiny. end the
dinettes believe that, exoept through theoccerrence of some
political disturbance, there will be no material change for
several moetbs. The number d horses Woofing to the
company on 30th June. was 6,583, or 17 lees than the num-
ber at the commencement of the year, at whi.% latter period
the company had on band part of the surplus remaining
after the Exhibition service. The directors have devoted
much time and attention to this item of expenditure, with a
view to economy therein, mid the change they have mode in
the mode of parchming has resided in a seder of 2.060 f.
16s. 10d. in the half-year, and given than good reams for
anticipating a still more favourable remit in the six mouths
now =rest. The tax levied by the government on stage
carriages or omnibuses In the fern of • Mileage Duty" has
keg beta felt by the trade to be very unjust in proportion .
pe the tax levied upon other competing modes of convey.
gap. Upon the °prink of the fleernolttea &Reif ti
a direct competitor with toe company's orneibuses, the dine-
ttes, in co-operation with other proprietors of omnibuses in
Leaden and in severs! of the principal tomes in England,
insuilit their grievers under the notice of the Chancellor
ei apihasee. and sareopertlp. a his sefeed r give- .
say relief, the matter was brought before the House of
Dominoes. Upon • divition it was. however, decided, by a
majority of 81 to 36, that the relief naught could net then
be grunted. The duty amounts to a tax of ;early 10 per
mat, on your gross receipts, and is payable without any
reference to the profile of the badness. The directors in-
tend, with the assistance already promised them, to con-
tinue the agitation of this question until it II placed on a
a more equitable footing. It is, however, some coropensa-
doe for the manner in which the mileage duties question
was dealt with, to fiod that by an act passed draw the
late session of parliament, most of the turnpikes on the
northern side of the Thames will be abolished on the Ist
July, 1864- Ulna the introduction of • bill, entitled "The
Qty Traffic Regulation Bill," which sought, in its original
madden. to give very arbitrary powers to the corporation
at Leaden, the directors considered it expedient to oppose
retain clauses by petition and otherwise : the bill as
aniendedend finally passed is comparatively unobjectiouable.
The exposer hammed in these modem amounting to 4401.
145., are charged in the revenue account of the half-yew.
The profit end loss account shows that the balance of the
old account remaining after the distribution of the divi.
dead for 1662, has been written off the fast establishment
sad other capital charges. The profits on the operations
of the company during the half-year, as shown by the re-
venue account, were 25,3491. 13e. 34- from thin sum it is
nesemery to deduct for balance of interest account,
461. 16s. It is proposed to write off from the " first
establishment charges" the amount of loans repaid, 2,150/. ;
sad to place to the credit of the general reserve fund,
3,0001. ; total, 4105/. 16s. 61.1reving • balanced 20,1531.
16s. 11d., out of which We directors propose to declare a
dividend after the rate of A per mat per annum, free of in-
come tax, Mavis. a sum of 4,7131. 10s. 7d. to be carried
forward to the next half-yeer's account.

EXTENSION OF THE CORNWALL RAILWAY TO
FALNOUTE.—The eleven and a half miles of rall fray which
were formally opened on Saturday are calculated to make all
the &Hennes to the town of Falmouth between propel.a
and decline. Railways were an injury to that port so loci
as they did not reach to it, but a turn of tide has come in
the affairs of Falmouth, and henceforward the railway will
be its great ally. Three years ago the efforts of the pre-
ceding truant? years mooed a practical form, and *De.
nearing and enaacial difficulties of no common kind baring
been surmounted, the result wassail, on Saturday, when the
line was inaugurated • week before the limit allowed by
the contract. The Falmouth people rejosced greatly, and
well they might, for their trade is set on its l again. The
dock ociropany was glad, for the projected line was its
chef grated for ooufideneo. The Cornwall Railway direc-
tors were in spirits, for their impoverished exchequer will
receive some additional supplie. Everybody was jubilant,
and shouted and feasted and made merry accordingly, and
so passed off succeed idly the-long-Inoked.forcome-at-last
event, the opening of the Falmouth Railway.— tratms
Slanting Nom
Sniculak CHARGE OF MORDILW—At the Liver-
pool police-court ou Friday a man pained Richard Hall
Mrratty was charged with having stolen • shawl, and also
with having shot a magistrate in Ireland in 1845. Din
Heckle stated that ate cohabited with the prisoner, and
then west on to say --" He came home one night between
11 and 12 o'clock, when we were living in WiDiam•treet,
Birkenhead, and said tome, "Batty," says he, "I am very
unhappy ; can I treat • secret with you?" " Yee," rid
"you may trust your life with me." " Well, then,*
mid be, "1 shot • man !" "Good 001," said I, "Dick,
you shot a man ; " and he said, • Yee it WY •
magistrate—his name was Bell." Witness here said
• that Bell bee been ringing in my ears ever since.
I have been away from the prisoner twice, bet Bell'. ghost
so haunted me I was obliged to go back to him," Witness
continued—The prisoner said the reason he shot the man
was that • peep of land was taken away from an old map by
Mr. Bell. That he (prianner) and others drew lots who
should shoot Yr. Bell, and that the lot fell to him. The
deceased was shot scar Clones' awl the pistol used was after.
wards buried in sledge. 31. lleltale. an Irish detective
officer stationed in Liverpool, prodooed • file of the Irish.
Hue and Cry, in which an advertisement appeared offering
• reward of 1004. for the apprehension of the murderer of
(biome Bell Booth, • magistrate, as he was returning from
church on the 9th of July, 18.43. Hackle said that she
dreamed that the prisoner shot some one, and she "carried
him in her eye until he it." A gamed teemed was
granted.
The watch committee of the Birkenhead commis-
Dimon have decided to memorialise the magistrates against
the granting of balsam to new public-house. The com-
mittee believe that the magistrates will beat consult the
welfare of the community by refusing any further applica-
tions far lionises.

--
GEZAT NORTHZEN HOSPITAL, K leo's-elO-4.4.
Number of petiolate for the week ending Augur t 2, 1.7.:0 ;
of which 424 were new awes.

Full benefit of reduced duty obtained by pur-
amnia Hornlmana Pure Tea ; very Choke st SC 44. tad Si.
"RIO Standard ' at 44 44. (formerly an IS the attarrost
and most delklen• lamanwied. Agents to every town supply it
to pactetn—lAdrertlarmeut.)