The Express.
London, England, 1863-08-06 00:00:00

ARICA AND TACHA.

The twelfth half-yearly general meeting of the
shareholders was held on Tuesday at the company's Aloes,
No. 11, New Broad-street; Mr. J. P. HEYWOOD in the
chair.

The report was taken u read. It stated that the net profit
for the year 1862 was 20,6891. 15e. 2d. The balance to the
credit of profit and loss account in July, 1862, was 20,1181.
Os. 11d., and the receipts for interest 171. 12s. UM., making
a total of 40,825!. Ba. 11d. That amount was accounted for
as follows :—Balance due by Tacna board, 31,9551.2.. Bd. ;
expenses in Ludo., 1857 to 1862, 6,4761. 18s. 7d. ; and
cash in heed, leas liabilities, 2,3irif. 7s. 84. Since the above
accounts were closed • payment had been made by
the Peruvian government on account of the defi-
ciencies; for 1860 and 1861 ; but the large balance
due for 1862 still remained unpaid. T'he remit-
tances just received would allow a dividend of 4j per mint.
to be declared. The Peruvian government bad re-
instated the original tariff rate from the lot of July, in
consequence of the failure of the half-rata system to in-
crease the receipts. To prevent further interference with
their property negotiations wore going on for ceding the
guarantee.
The CHAIRMAN, in moving the adoption of the report,
said it entered so fully into the state of their affairs that
he had very little to say upon it. They had been is constant
correepondence with the government of Peru, and, finding
that they got on very slowly with them, the directors had
interviews with Earl Rummell, and with Mr. Jeiningham,
before he went out after his leave of shame in tbis
country. The result of their interview was mentioned in
the report—viz., that oemotaations were going on ; and he
believed the result would be that they would get the;T
property into their own hands, and give up the guarantee
and charge the tariff according to the concession. They
had been paid the deficiencies of 1860 and 1861, but they
had not got that which was more considerable—that for
the year 1862. They believed that they would be much
better off by getting something for giving up the guarantee.
The Peruvian government bed given guarantees to two
other railway companies of 7 percent., and the feet that
they had given thou guarantees showed that their com-
pany had not asked anything unreasonable.
' Mr. CUNARD Koonded the motion, which was adopted.
A dividend at the rate of te per cant. was then declared,
and Mr. J. P. Heywood sod Mr. R. Paterson, the retiring
directors, having been re-elected, the proceedings closed
with a vote of Hunks to the chairman.

THAMES VALLEY RAILWAY.—TIIO ordinary half-
yearly meeting was summoned for yesterday at No. 3, Vic-
toria-street, but there not being a sufficient number of pro-
prietors present to form a quorum, the directors' report, of
which the following is • copy, was simply laid on the table,
not formally adopted The directors bays much pismire
in informing the shareholders that the difficulties in the
way of completing the railway and works within the share
capital of the company have allbeen overcome, and that the
have entered into • contract with Messrs. John And and
Sow, for the purchase of the lands and the completion of
the railway and works upon such favourable terms as leave
no doubt that the shareholders will receive the full 41. per
cent. dividend guaranteed by the London and South
Western Railway Company on the company's share capital
The contractors are proceeding with the works vigorously,
and the directors fully expect that the railway will be com-
pleted and opened for public traffic by the autumn of
next year. The directors consider that the position and
prospects of the company are most satiafactory. Mr. W.
S. Lindsay, M.P., presided.
RIDISFORD EITZNBION RAILWAY. The half-
yearly meeting of the proprietors of this company was held
at Greelzein-house yesterday; Mr. Tits, 11.1'., presided.
The report stated that the gross receipts from the London
and South Western Company for the half-year had been
1,1721. lea. Bd. The dividend recommended was at the rate
of 3 per cent per annum. The chairman said as the line was
leased it was in the same position as the North Devon. As
was stated in the report, • bill was promoted in the early
part of the year by the London and South Western Com-
pany for putting an end to the Bideford and merging it
in the South Western. Before the bill was read
• second time the South Western proposed to withdraw
the clause they bad introduced fixing January, 1864. as the
time at which the decision should take place, and leaving it
entirely discretional in the hands of the South-Western pro-
' prietors. The Bideford Company rejected this proposal,
end they would have to remain • company until the South
Western changed its mind on the subject No doubt the
arrangement wan advantageous to the Bideford Company.
They had got a 3 per cent. dividend, and he hoped they
would get more. He concluded by moving the adoption of
the report, which was carried unanimously.
DUBLIN, WICKLOW AND WEIPORD RAILWAY.—
Tbe report of the direness of this company states that the
revenue receipts of the entire concern from all sources ex-
ceed those lof the correspoodiog half of 1862 by 3,0894,
the working citreous being 8791. less. The available balance
on the half-year's working was 9,9521., making, with 3,9551.,
the balance from the preceding half-year, 13,9174, out of
which the directors recommended • dividend at the rate of
3 par cent per annum on the original shares, besides the
preferential dividends of 6 per cent. said 5 per aut. respec-
tively, on the two classes of preference shares. A further
portion of the extension line had been opened for traffic
between Itathdrum and Ovooa. The reifiainder of the
hoe to lioniscorthy would be opened in the autumn of
this year. The traffic receipts on the Wicklow lien during
the ball-year ending the 30th of June tart amounted to
24,9834. on the Kingstown line to 28,5404, total 53,5231.
The working expenditure oe the Wicklow line amounted to
9,768/., and on the Kingstown line to 10,3324, together
20,1012. • the rests and annuities in respect of the Kings-
town lime amounted to 18,1371., and the interest on &bari-
tone to 5,3341., leaving the above balance of 9,9521.

Prorraon STAMM—Admitting the British cola
piss into our calculation, there are more thes forty modifi-
cations of Queen Victoria's portrait, in several different
shades of colour. The postage stamp of the lowest mono
value at ite ordinary rata ie the centime of France, worth
a fraction less than two-fifths of an English farthing ; the
highest being the four-dollar California Prey Express, re-
presenting the sum of sixteen shillings and fourpenoe.
For beauty of form and hue, the postage stamps of
France and Crown, sod moms our ow. depeoden•
aim, those at Nova Bootie, bear away the palm; while
the Beglish penny postage stamp and the postage
stamps of Belgium are about on a par, as far as
ogliimes is concereed. Siberian stamps are of the largest
sin mood ; and those of llecklenburgh•fichwerin take rank
as the smallest. For seereity &added', increasing value, the
old huesof the late of Bourbon and New Caledonia, and
times of Spain, Portugal, British Guiana, sad Van Diemen's
Land, may be especially particubirieed. So may the stamps
of the Sandwich Islands, Nicaragua, and the
which sre extremely rare, am are also those of the Italian
Duchies. Such of our soden as may wink to turn "an
honest" future "penny," should bastes forthwith to
make a large investment 4 Roman Postifieal stamps, which
are with good reason expected, at so very dialect date, to
attain an almost fabulous value.—Once a Week.

Lomax Gam saAithus 'sus JO3;r; In (Lnarrzo).—
Trael• receipts far the week wading Aug. 2. 12.70151. 181. M.

- - •
Full benefit of reduced duty obtained by pur-
chasing lierniman's Pure Tee ; very choice at as. Id. and O.
High Standard ' at to ad. ;formerly Is bd.', Is the strongest
sod moat lariats imported. Agents In *very toes supply it
la pasksia—Ladvsetasnosat.)