The Express.
London, England, 1864-04-08 00:00:00

Temp.
The great Trunk Railway from Vienna, In the direction of the
frontier of Molders'', is at present complete as tarn. Lemberg.
The; communication le affected 17 mesas et two Rase-gas flint
being the Northern Railway. from Vistula to Cracow: the
second, the Carl-Ludwig Railway, from Cracow to Lemberg.
The tint of these lines pays shunt 14 per cent upon its capital.
The second was completed only at the end of 1661, but since its
opening has paid 6 per cent upon Its capital, and consequently
has never required to clean the guarantee.' Spec cent accorded
to It by the Austrian government
The present line Is the continuation from Lemberg to Cterno-
wits, near the Moldavian frontier. TM concession has been
granted by the Austrian government on terms unusually favour-
able to the Compare) undertaking it.
The proposed railway, entering into the heart of thegrsin and
cattle producing &shirt. whence the Caributarig fine obtains Its
most important traffic, and being collet acted at a very mealier-
ably lam cost, promisee to be more profitable than He neighbour.
n• oonthineace of the tine throagh Moldavia to Galata, on
the Danube for which a concession has recently been granted by
the Chambers of the Prindpalities must necessarily add largely
to the profits of the Lemberg-Caernowits Railway, which will
thus form an integral part In an unbroken sad direct railway
communication between the Baltic, the °emus Ocean, and the
Black Sea.

The concession, the duration of wktch Is ninety years. stipu-
lates for the commencement of the worts previous to the 11th
January, ISGS. and for their completion within three years; but
provision la ramie for =Must= of these pertods in we of poli-
tical or financial crisis. . _

Thrg;vernetenignaran tee • fired sum of £160,000 in silver
money as a net annual revenue of the line.
The sum thus guaranteed by the government, after providing
fort e payment of interest at 5 per cent. on the bonds, and for
an annual sinking fund. will leave a clear 7 per cent. applicable
to the share capital. The sinking rand will be annually applied.
by lot, to the redemption of the bonds and shares at par. The
proprietors of the shares thus from time to time redeemed will
for each share receive a certificate entitling the bearer to •
participation, daring the remaining term of the concession, in
all the prate of the Company *acceding 6 per sent. on the
original capital.
A contract, which will be adopted by the Company, has been
entered into by the emosedonaires with /It. &ma tot seam
of £2,450,000.
This contract provides for the construction of the railway In
accordance with the tense of the enneennon, and for stocking
the same with rollinstork. It Includes all the preliminary ex-
penses of acquiring the concession and forming the Company :
it makes provision for interest during construction on paid.up
capital at the rate of six per cent per annum . and it coven an
ample reserve for the expenses of management until the railway
shall be opened for public testae.
The concession (loafers the requisite power to form • toclfti
Anon)me with shares to bearer, • hereby the liability of the
subscribers will to limited to the amount of 25 per cent. of the
nominal amount of their shares.

The capital of the Societe Anosynse wII be t 460.000 to be
issued, £1.200000 in bonds, and £1,260,000 in shares of C7:O each.
The bonds have already been taken
Preparatory to the fortnatioo of the Societe Anonyme (which
cannot be dennitively eo.stitated according to Austrian law until
26 per eenl of the she»capital has been paid up', the Lambent-
Cseniowitz Railway Company has been formed as a limited
nardnq company, the share■ In which will be exchanged for
shares of a like denomination In the SocleitAnonyene, .

A oop ;liiVrriiii;•ol-;Zci.1017:;1-thTetnte;Telon, sad of
the statatse under which It to proposed to constitute the Societe
Anonym*, can be inspected at the offices of the Sollators, 441,
Parilementstreet.
- - - -

Applications for shares must be made In the annelid form,
addressed to the Directors of the leternational Financial Socftty
(Limited), and of the Anglo Austrian Bank, but no applleation
will be considered, unless accompanied by the receipt of Messrs.
Obis. Its.. sod Co., or albs Anglo-Awed/in Bank, Vienna, for
LI pa share on the number of share. applied for. This sum
.01 be returned in the e•ent of the applicatioa not Ilene acceded
to. sad, II an allotment is made, it will be applied towards the
payment of LI per share then due.

MIRNOWITZ RAILWAY COMPANY (Limited).
roar Op APTLICATION roe 611111115.
. . - .

No. 7o tss ;it wlth the Bwkaa
TI the Meteors of the International Mandel Society 'Limited).
end of the Anelo-anstrias Beak.
Gentlemen,—Hering paid to Mears. Glyn, KW; end Co. the
nun of I , being CI r awe ea shares. of ISO sash.
which I request may be blotted to ine to the Lemberg Cserno•
suit: ltallwy Compaq : and I hereby agree to accept
such shares, or say lees number, and to become a member of
the Company, and to hare my name placed on the register of
members In respect of the shares matted to me.—l am. paths-
men, you obedYei Nowak
Name la full
Address in fall
Date

VENEZUELA GOVERNMENT SIX PER
Car. L04N—Z1,500,00.

In Bonds et 1500, LW°. and .2 no.
The GUMMI. CREDIT and VINANCII COMPANY of
LONDON (limited) beg to announce that they are anthorined by
the government of Venezuela to OFT= to the public a LOAN
for that Nate, to the *tient of 41,540,91111 seminal capital, upon
the following terms :
The Bonds will be Wed for sum, of lb" .000, and £lOO
each. They will bear Interest as from the li October. DMZ, at
the rate of six percent par annum, with coupons attached, pay-
able halt-yearly, en She let April and Ist October, at the Oglces
of the General Credit and finance Company In London, in
sterling, or at the Mom of Dews. Salomon Oppenbeirn, jun.,
and Co. Cologne, In Dialers, at the exchange of the day.
The price of lima is Leo per £lOO stock and payment will be
required as toDewu :

_ .
-'l4 on application.
tlO on !Uo!autat, Lan 1.3 ha:leer's Wan* meow&

4U oe M law

ais C.; is isToet.-
CI es Sal September. km /3 belt yeses latereg wormed.
doe Mt OM.

Dt;econnt M the rate of 6 per rent per seam will be allowed
on pr►payments In taq making, with allowances, tbe price at
Lanes ander GM. . . .

la ONO of nonallohnent the deposit will be returned. Should
• less amount be allotted than that applied for, the deposit will li
be made available towards payment on the allotment., and the
balance, if any, returned to the applicant.
The object et the ken Is to effect • settles mit of the emend
Bimodal condition of the country. to weld la making reads and
improved communications. based sad cosetwlse, to ppaay off souse
existing dolma, and general, to develop the ardculseeai re-
sources and industry of the country.
The loan. Interest, and slaking fend are secured by • "pedal
hypothecation of the whole export duties leviable at the pone of
the republic, is Guayrs, Puerto Cabello, Maracaibo, and Cada
Bolivar. These an warnated by the Oovernmeut as wholly sa.
charged (or that, If any claims can be substastiated, they shall
be met net of the proceeds of the leant, and se producing more
then satheleut to meet the charge of the present Imes. The pro-
duce of the export duties last year is stated to have been
Lttl.soo: and an increase Is expected. In the event est=
denclescy, the amount la to be made good by a further i.
og
hypothecation of the uncharged import duties at all the palepale
The consent of Earl Russell has been obtained for the collection
of the duties so hypothecated by her Majesty's consuls at the
several porta, asecelded with the Compsay's agents, and the re-
quisite amount will be transmitted twice • month to the (nand
CreMt sad Tram Compaey of Landes. Oat of the
Vitae spier will be goggled to the persist el the Mined=
redemption of the debt, as follows :
000,000 to be applied la the ant Instesos to payment of the
interest.
L 30.000 to a sinking fund: this amount being augmented
periodically by the interest on bonds that shall have been
ugbt up or redeemed.
The doling fund shall be applied to the parch: me of bends in
the open market, If the price Is at or below par, or to their
redemption by tot le the uaaal way. if above per, year by year
until the whole shall have been paid off.
' The ald purchase or redemption to take tithe let October,
1 jam
The documents relating to the antborbation of the Lean. an/
the ratificatlon of the same by the Coestitesat Amembly of
Venezuela under date 14th January, Int, with notarial trends-
dons, are open for Inspection at the odors of the General Credlt
sod Iflnanoe Company. 7, Lothbury, where applications for the
Bonds. In the annexed form, will be received.
Applications will also te received by the London and Wed-
minder Bank . by the Union Bank of tondos ad at Clops.
by Messrs Salomon Oppenbstm, len., and Co.: Amenedam. by
Mans. Lippman. Rosenthal. end Co.
Prospectaare and forma of epplicadoth may be had at 7, lath-
bury, and of the broken.
London, I, LaMar,. Aped, 1861