The Express.
London, England, 1864-08-23 00:00:00

THE EXT!ItEStyTUESDAY
_EVENING, AUGUST 23, 1864

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TEI RAMAN AND NORSIGN CORN lAA=

nikestatioa, epee se eppertioniant ef say
through rates Sxed by the Loads) Chatham, and Dover
Company. The Midland Raihrey Company, who
lied already 'Atoned permeates to make an in-
dependeet line into London, have also, during
the last seesioe, seemed powers for effecting
a Jason= at Kfrgererar with these additional lines, and
these a sway nano to believe that that important com-
pany will. upoe the completion of these railways, be ready
so avail themselves el the access to the dietricts south of the
Thames which the Loodoo. Chatham, _ and Dover link
between King's-cross and Earl-street will afford. The di-
rectors feel that they con safely predict a very peat admin.
tags to the interests of every den at proprietors in
metropolitan eatenions, and in the general
from the results of this application to parliammuZier=
the importance of this small lengthof railway, in its relation
to the London, Chatham, and Dover system, can scared y be
overrated, and in the opinion of the directors fully
justifies them in having persisted in ita construc-
tion, tot withetanding the mug obstacles raised and
the greet expenditure necessarily involved in the
none of a railway through the heart of London.
Parliament has also authorised the construction of a short
line from the neighbourhood of the Stewart's.lane station,
near the company a new works at Battersea, to the South
Western Company's lines at Clapham Junction. This line
will be made at the joint exposes of the Chatham and Dover
and South Western Companies; and the Chatham and
Dover having acquired the power at running into sod
making use of the Clapham Junction stationorill be enabled
to afford to the public easy and direct communication
between all places on the system of the company and plans
on the South Western lies, such as Kew, Richmond,
Windsor, Southampton, frt. An agreement entered into with
the South Eastern Company, under which powers
were granted to that company to run to the
Crystal Palace, in exchange for powers given to
the Loader), Chatham, sad Dover Railway to run over the
North Kent line to the favourite districts shout Blarktu.h,
Lee, Lewisham Charlton, and Woolwich, has been coo. '
firmed by parliament, and the company have been authorised
to confront the necessary junction for giving mutual anus
for the purposes of this agreement. These are the chief
matters of legislation in which the company have been
directly interested. With respect to the various schemes
for metropolitan communication, the directors are happy to
ny that parliament has sanctioned certain extension of the
Metropolitan Railway, u well as the project known sa the
Metropolitan District Railway. This latter will run from
the termination of the Metropolitan Railway in the neigh-
bourhood of Kensington, and will in its course pais near
ti
to the Victoria nation and under the company's line at
Earbstreet. At the instance of the directors classes were I
inserted in the act under which the Metropolitan District
Company are bound to provide, both at Victoria and Earl.
street, suitable excbange stations, for sublime panniers to
pass conveniently between that railway and the Landon,
Cliatleun, and Dover Railway ; and the directors anticipate
peat mutual advantage from the facilities which will thus
he afforded to the public in getting to and from Victoria j
and Blackfriare. A project called "The East London
Railway," which had for its object the construction of a
railway at two lion Daly, to connect, by mean' of the Thames
Tunnel, the railways south of the Thames with the Great
Eastern and Finsbury lines, was opposed by the
company in parliament, and the directors are glad
to say that the opposition offered by themselves,
in conjunction with other interests, secured it rejection. Al-
though brought forward as an independent line, it had practic-
ally passed into the hands of the London and Brighton, and
London and North Western Companies; and if sanctioned
in the form in which it was presented to parliament, would
have had the effect of handing over to those two companies
the absolute control of all the traffic, between the outer
circle of lines south of the Thames and the Eastern part of
London. The directors consider that as the lines of the
London, Chatham and Dover Company form a most im-
portant link in this communication, it would
have teen as inimical to the interests of the com-
pany and of the public as contrary to the recom-
mendation and spirit of the report of the special committee
of parliament appointed to consider the metropolitan
schemes, to have allowed sun powers to be vested in those
companies. The safety and convenience of the public, and
she interests of all parties, require that any line between the
railways sorth and south of the Thames at the east end of
London should he designed on an adequate scale, and should
be available upon fair end proper terms to all the parties
interested in the circle of railings south of the river.
Reports of the engineers in reference to the pro.
grew of the work, authorised and under construc-
tion are annexed. The directors feel satisfied that
everything is being done to sawn their earliest possible
eompletion. The works between Earl-street and the Me-
tropolitan station are already in a vary advanced state, so as
to justify the hope that the traffic may be carried on to the
new station at the bottom of Ludgate-hill before the end of
the year, and to the Metropolitas Railway early in next
London
s
rThe works on the Greenwich Extension and South
lines are also well in hand. The South London and
Crystal Palace Railway is making rapid program, and there
is every indication that the time fixed by the directors of
that company for the opening of the line to the Crystal
Palace in May next will not be exceeded.

(From the Merit Lau Izvreth)
The continuance of fine weather for another Week (Satur-
day escaped) has permitted the gathering of an immense
=oat el areas, in the finest pomade coaditem. • *.rod It
would seem that in point of quality there will be no falling
off from the meat favourable sewn. Indeed, the rued
weight of the samples ban exeseded eakalation, thus proving
that when the frost took the wheat is bloom, the blight on
the ears was surly thtel. The yield, however, remains yet
in abeyance. Bat the inference suggested by the superiority
of the grain is mare favourable than the first estimate.
Hitherto supplies have been but small, there being no in-
ducemsokin prices to hurry up the produce. In tact, the
drought We made such havoc with tongs, and
so sent up the value of cattle-feed, that farmers
may prefer feeding their cattle with corn to making
• greater 1111131i6Ce. Rates have therefore bet little
clanged. The starting price of new wheat, u is usual, has
not been maintained, and old bee somewhat receded lovable.
But at the close of the week more coofidence in prices was
exhibited, and unless farmers change their minds and ovet-
power the markets, we may seesoine rally, and that shortly.
In FllllOll the harvest has been preluding apace, and but •
1.31121 portion comparatively remains to be gathered. The
quality and yield on the whole seem better than expected.
la Germany they have bad some quantity of rain, which, in
certain places, has caused fears for the gatherings ; but
the rye slowed is well spoken of, both u to quality and
quantity. Spain anthem to suffer from drought, which
boa newly emptied the canals and stopped the manufacture
of flow. The same sultry weather bas ruled in America,
and though the quality of the wheat havested there has
turned out fine, • large deficiency is expected. Prices
generally have undergone but little change.
The arrivals off the coast since the 12th inst. were 93
of which 21 canoes were wheat, 59 make, and 11
arguer,
Business transpned at the following rates :
; Markeopoli wheat to 39e, lid. ; Berdneaki, 40s- ; Chinks to
375. and 39a. ; ember Amerman, 40s. 6d.: make to 275. 3d.
and 295. 6d. ; barley to 22a. 6d. and 2k. I id. per qr.
The Wee of English wheat noted last week were 93,411 ;
we. at 435. 6d., against 65,189 qn. in 1863.
The London avenue were 44a. Ild. on 1,807 qrs.
The imports into the Eisgdom for the week eating 13th
August were 118.537 qrs. wheakaod 62,fift7 cwts. flour. For
the mouth of July they were 578,118 qn. wheat, and
315,931 cots. flour.
Monday in Mark-lane commenced on • small English and ;
good foreign wheat supply. Not many fresh samples were
sent up from the near counties during the tool uiog ; bet
more than enough for the demand. It war principally
new, of fair quality, and sales ;of such wcgreesed slowly at
a reduction of about 2s. per quarter. bite old was again
la. per quarter cheaper to sell. Very little was doing in
forego, and that little was at en equal decline upon old
English. With 'amerces arrivals on the coast, sales were
slow, at rather kw money. On Wednesday there were
250 quarters per coast, and 3,750
_quarters foreign. The
samples of English, both new and old, went off quietly at
the prices of the previous day, the demand being chiefly for
the former. The foreign trade remained limited for all
descriptions without variation in prices. Enday's returns
were 660 qt;arters coastwise, and 3,750 quartets
Less warthen offering than on the previous market day,
and business was more easily transacted, with more coefi-
dance in prices. The foreign trade was slow for parcels
arrived and in granary ; out there was • large trade in float-
ing cargoes, at some reduction.
The arrivals of country flour on Monday were below the
average, and there wan but • moderate supply of American
barrels. The trade was partly is sympathy with wheat,
and sales wen slow at former figures. Barrels were only
in moderate request at unaltered rates, and the quotation
of town-made first quality still stood at 40s. per sack. Oa
Wednesday them was but little per coast ; but 3,840 barrels
foreign. Trade I. country sane wag steady, without varia-
tion in values ; and it was the same with American barrels
and other foreign. Friday's returns were 450 sacks coast-
win, and 3,840 barrels foreign. Little was dointkitt,
prices were maintained both for country make and
extra States being held at 225. per barrel.
The supply of barley on Monday with very small, both
British and foreian. A few more good new samples of
Eoglish appear 4 but usiltaters seemed little disposed to
purchase at the prime asked—so that quotation@ were but
oominal. The value of the beat heavy foreign was. how-
ever, rather lowered, and the sake of grinding were but on
• moderate scale. On Wednesday there were so arrival
per coast, and 2,390 gra. foreign. The trade was then on
• small scale for alkalis, and the tendency of the prices of
medium and grinding foreign wee rather down than other-
wise. Friday's returns were nothing coastwise, sod 2,960
qrs. foreign. No change could then be soled, there not
being enough English on show to make a market. Grinding
foreign ruled at from 23e. to 244. 6d. per qr.
The malt trade was less active than of Lite for the best
qualities ; but prices remained mush the same. The week
throughout was dull, and rates for anything but fine barley
mistimed.

There was a very heavy supply of Russian oate--eity
about 50,000 qrs. ; but in other descriptions there was no
excess. Raman descriptions, when out of order, very
light, or duty, were about 6d. per. qr. lower ; but the best
heave qualities were little altered in value, u was the cue
with other foreign, or of home-growth. The arrivals on
Wednesday were 60 qrs. per coast., 1,400 qrs. Irish, and
17,460qr5. fogyism. With this good foreign arrival, there
wu still a fair business in Russian sorts without any dimi-
nution in prices. On Friday there were 60 qrs. coutwiso,
1,400 qrs. Irish, and 39,570 qrs. foreign. The demand was
still good notwithstanding the supply, and prices of all
sorts were fully maintained.
The Bean supply was very small, and nearly all of home.
growth. The upward tendency was checked by the very
low price of oats and other gram. No subsequent change
could be noted.

CETerAL PALACE AND SOUTH LONDO?i JUNCTION
RAILWAT.—The directors of this company, in their report,
congratulate the shareholder, on the rapid progress which
had been made in the constructioo of the works during the
put ball-year. The contractors were now in possession of
the whole of the land required, and the directors had no
doubt that the line would be opened for traffic' in the spring
of next veer. The report of Mr. Turner, the engineer,
stated that the station works bad been commenced, and
were now in active operation, especially at the Crystal
Niece, where, on sooount of their extent and the time
necessarily occupied in their erection, no opportunity had
been BM of pushing them forward with the view to the
early opening of the line. The capital account showed that
719,4891. bad bees expended, leaving a balance of 1,0511.
NORTH AND SOUTH WESTERN JUNCTION RAIL-
NAT.—Thwart of the directors showed the result of the
past half -c a working to be • net balsam to the credit
of revenue of 3,7671., being an Increase of 1,111/. as soap
pared with the correspooding period of the previous year.
The disposable bilance, after payment of debenture interest,
is 3,224/. 13s. 7d. from which your directors recommend
that the sum of &a be placed to the credit of normal
fried, and that from the remaining sum of 2,6 W. a divi-
dend be declared on the entire share capital of the nom-
ppoy, at
the rate of six per cent. per annum, leaving a
balance of t... 11. 18s. sd. to be carried forward to the cur-
rent half-year. The bill promoted by this company is the
last session of parliament has, as regards powers for the
parttime of additional lairds and the creation of farther
share capital to the extent of 10,0001., received the royal
assent ; but as respects the proposed extension litre to
Richmond, a preference was given to a competing lies,
promoted by the London and South Western Company, a
right of user on satisfactory terms being, however, secured
to this company. A resolution will be submitted to the
proprietors to mention the creation of the additional
capital above referred to, by the Mae of new shares,
which will, in the first instance, be offered pro rata to the
holders of other stock of the company.
BLTTH AND TYNE RAILWAY.—The report of the
directors states that the company had participated in the pre-
vailing prosperity of the district, sad the increased revenue
would secure the mime dividend as heretofore, although they
had a large amount of additional capital upon which to pay in-
tereetaad dividends that had not yet become productive. Since
the opening of the line into Newcastle on the 27th of Jam
the traffic had been very satisfactory, cad this portico of the
line had every appearance of being highly pr uctive. The
act extending the time for the construction of the company's
works was passed without opposition. The directors had
always considered the construction of deep-water docks at
the month of the 'ryas us of great importance to the com-
pany, and they were glad there was 0011•Varj incepted of
that work being accomplished. le order to commence the
undertaking it would ta necessary that the company should
mite with other public bodies in providing a guarantee, to
a limited extent, for the payment of the interest on the
capital to be expended on the docks. The directors nom-
mended the company to guarantee' the interest on 50,003/.
of the required capital. The gross revenue of the company
for the half-eaz was 48,0141. ; and the expenditure, in-
cluding way leaves and interest on debentures, 30,1511. ;
leaving a balance of 17.8621. applicable to dividends, out of
which the director recommend the payment of dividends
on the 10 par cent. preference stock, and on the per cent.
preference stock, aced at the tote of frt per cent. per annum
on the ordinary stock and shares of the company.
BRECON AND MERTHYR Tt DYIL JCIriTION NAlL-
war.—The report of the directors states that the earnings
on the line were highly satisfactory. Owing to proceedings
is Chancery by certain landowner the junction of the
shorthorn with the southern maim of the company's Bees
had not yet been effected, although the proceedings had
beea successfully tertniosted. Contrary to the expectation
of the board, the Mid Wales Railway, connecting the com-
pany's line with the Hereford, Hay, and Brecon Railway,
though apparently complete, and worked over by mistral
trains, had not yet leen opened, but the usual notice to the
Board of Trade having been given, it was expected that
it would be opened in the course of next month. The
direct/es expressed satisfaction at the result of their labours
in the late session. The trains might DOW run through
from the \'ale of Neath Railway at Aberdare to Newport.
and by the ooestruction of but a few miles of railway, and
with a comparatively trifling increase of capital, they would
shortly be able to pass to the docks at Cardiff, thus ambling
them to carry the steam coal from the Aberdare district
to those ports and elsewhere oo economical term,. The
capital account of the general undertaking Mewed that
375,572/. had been expended, leaving a Warms of 2,4871.,
I and of the separate undertaking to 102,6501., haviag a
Mimics of 95. W.

The supply of English peas on Monday was improved ;
but there were no foreign. The prices of all sort, were sup-
ported ; but they were not much in demand. No change in
business tom( place on Friday.
There was very little linseed reported, and prices were
very firm, the demacd for cakes being very bnsk.
But little was pulling in seeds generally, yet holders
ware firm for cloveneed, trefoil, and iodeed all kinds of
agricultural produce. For new winter tares 12s. per bushel
was asked.

The rePorts of the country markets differed very little
from those of the previous week ; indeed, in edge places
there was a fair trade at fully aa much money. This was
the case at Stamford, Newcasile-on-Tyne, Birmingham, aid
Hell. Bat some markets gave way la: per qr., as Glou-
cester, Bristol, Newmarket, andßteektoe ; while at Ro-
chester the downward movement was Is. to 3.
Liverpool was rather cheaper oa Tuesday.
Spring COlll generally was much as during lest week.
At Edinburgh wheat and oats were rather cheaper, barley
being bnak, and been, firm. No change in wheat was Doted
is Glasgow ; but barley and white peas were up 6d. pee

The want of water at Dublin 'till 'topped business in
wheat and maize. Some new earn appeared, in bee con-
dition.

The Paris dour trade has been dull through the week, sad
closed If. par 157 kilos-say Bd. per 28011 n. cheaper.
The rams of prices was 49f. to 51f. per 157 kilo. (29.. 6d.
to 32e. lid. per 2801bs.)for the Met qualities. The six marks,
alter selling at fitlf., finally closed at 49f. 75c. per 157 like.
(31.. 10d. per 2801 be.) for the current =oath ; for the lest
four mouths they were quoted 51f. (325. Bd. per 2801 he.) for
four months from January ..it 53f. (ray 345. per Mho),
and type-Paris, for August. 30f. 51.10. per 11.10 kilos. (Ms. 6d.
per 280 Its.) The sale .1 wheat has bees very limited ;
farmers have preferred taking beck their samples to accept-
* the low prices bid. The decline for the week is fully
500. per 120 kilos. (94. per qr.); but at this reduction tales
were little more thee nominal-say 27f. to 30f. per 130 kilos
(41s. tid. to 45e. 9d. pr qr.) Rye, however, baa Dot farther
declined, finding buyer@ et lest week's rates, viz., 154. 25e.
per 11:1 kilos. (24e. 6d. per qr.) 80 little sew barley bad
yet appeared that quotations were unsettled ; fiee old was
still quoted 161. lAk. per 100 kilos. (25.. per qr.) Oats were
firmer holders not sgresing to any concessive, and the best
De Brie were worth 161. per 100 kilos. (19.. per qr.) Rape-
seed remained at 461. to 471. per 100 kilos. A foreign de-
mand bevies sprung up for new tnfolims.it had risen to 661.
I per hale. The wheat trade in the country bed generally
decheed 50c. per becto., or is. 3d. per qr. ; but it Galindo°
it was double as much. Bordeaux and Marseilles, without
quoting a lower range of prices, were very calm.
Is Belgium, markets were either quiet or somewhat
lower. Antwerp made no difference is price, though the
imports were much increased. Liege was down about 7d.
per qr. on wheat and rye. At Maestriclit there wee little
armee, but the new wheat was he'd as of lees value has
the old, Dew being as high es 433., old 445. The sew,
however, was netgenerally oomplsieed of. end it was tat;
scarcity of old that made the differesce.
Rotterdam mode Do alteration in the value of Polish
wheat, but qualities of home growth were rather cheaper.
After several tempestuous days at Oulogue, with later.
milting rains, the weather bad become fine. The market
was quiet, with little parsing. Native wheat to 425.,
foreign, 38e. ; oats, 21a. 6d. per qr. Lambetto don,
31r. 6d per 280Ibe.
It had been ?stay, also, at Straubing. in Bavaria, exciting
some appreheosioes for the harvest. The market was,
however, poorly attended, sad wheat rather cheaper,
Ines being 38e. to 40e., me to 24e. 6d., barley the same,
oats ?Jo. (.4. per qr.
There bad been a good deal of rain at Berlin, with cold
night,. The new rye brought to market was satisfactory
as to quality. Rate* were rather muier, as well as for oats,
but wawat kept its former vele*. The late potatoes were
still well reported, without my trace of disease,
Prices at Dantric wore as MK noted, say 435. for best
wheat.

from &titular note a quiet market for floor,
but as storks wen small holden ware asking high figutes—
may 395. to 39.. 6d. par 29911 e.
Wheat at Valladolid had far some time past been a heavysale, oily moviag off ia small retail lota, so shiPosests
having been ado for soma time put. Quotations varied
from 41a to 44e. per qr. At these rites there were boyars,
notwithstanding the fact that the mills were at pretest
stopped working for wait of water. Harvest work was fa
full operation on the sth of August, sod some 6os rains had
Who, though drought was still complained of is certain

1111REPO6D, Hay, AND Biticoli RAILWAY.—The
report of On director of this company states that after
many delays, arising from circumatanoes blood their
eontrol. the line had been opened to Ray, 20 miles. The
'melon); six miles to the junction with the Yid Wales
Railway were in mach a forward state that the necessary
notice had been given to the Board of Trade for opening it.
A mbefactery agreement bad been made with the Gnat
Waders sad Loadoe and North•Weitera Railway Company
for making the Bares Court station the terminus of the
ocenpany at Hereford, the aortae to and use of that station
being secured to the complay en arbitirMios terms. A tem-
porary agreement has been made with the threat 1741141111
Company for atoms to Banco ratios. The expenditure an
capital scarant to the 30th of Jam arawated to 403,7544,
Lomb. a Lobules d 1,6361.

Acoordring to Claudius advice; the wheat promises better
than it did, sod there is more old wheat is the Wester"
Mates thaw animated. These we,, however, a decrease in
neeipte at Mestreal tram the Ist January to the 3rd A cost
.1 11,009,935 bushels. ar 128,242 qrs. ; is flour, also. 285,799
brie Quotations were as per last advice' :—Wbut,
Maigal rid wirlsr, per qi. ; UPI= Cala*

Whig, its. 6d,,elduego 33e. 6d., Milviankie 345. 2d.-all
per 48011*. Pees, 24e. 10d. ; Mlize, 241. 3d. per qr. ;
superfine dieur,+,3d. per ; extra, 20e. 6d. ; superior
extra, F Liverpool, 9d. per qr. ; dour,
2s. 3d. per brl. e following IMO the quotations for wheat
in other part of Canada-Tormito fell to Id. per bush.
per qr.) ; spring, 94c. per barb. (34.. 43. per qr.) ;
..ozsdon new 93eu per bush. (31s. per qr.) ; Ottawa fell to Id.
Sc. per bush. (31s. jer qr.) ; spring, to Id. per bush (33..
4d. per qr., of 48011 a.)
Breadstaffs at New York had improved in value, account
hem the interior being unfavourable. Most of the wheat
arrived was out of order. Indies' corn wan down 4 to 5
cants per bosh. ; Chicago wheat, at 277 per cent.
1. o. b., 33a. 4d., red winter 3d., amber winter Itur,
white western 375. 93., chokes 38e. 108.-all per 4801 be.
Extra State Boar 17a. 103, par brl., round hoop Ohio 18e. td.
per brl., cloverseed 355. 7d. per cwt., linseed a barrel. 81.
12e. per toe. Week's exports let of August : wheat to the
Coiled Kingdom 39,460 we., 31,163 brls. floor. Freights
to London se. 6d. per qr., 2... 6d. per brl.
The wheat mop wee a failure in Egypt. Exports were
=lilted to the 9th October, and import, were permitted