The Express.
London, England, 1862-08-14 00:00:00

MIDLAND.

The report of the directors to the half-yearly gene-
ra meeting, to be field at Derby on the 19th Met., slates that
the receipts from the several branches of traffic for the past
half-year, as compared with the corresponding half-J=4
1861. have beim under—Caching, 183,968/.,
as magma of 9.9431. ; merchandise, 421,418/.. showing an
Warsaw of 4,0321. ; minerals, 212,2801., showing a decrease
of 38,2751. ; cattle, 14,176/., showing an increase of 1,508/.
The result of the whole being a decrease of 22,7911., whilst
the receipts from all the other sources of traffic exhibit an
increase, those from the carriage of mioerals show a large
deficiency, caused chiefly by the very depressed state of the
roma trade of the country. The balance available for
dividend is 349,894/. 12s. 6d., of which 7,2871. 15s. &L is
brought from tin account of the previous half-pear. The di-
rectors recommend the declaration of the following divi-
dends (lees income tax) payable on September 1 next, of
21 15e. upon each 1001. consolidated stock, 21. L. 3d. upon
each 1001. 000solidated Birmingham and Derby stock,
31. upon each 1004 coneolidated preferential stock, 31. upon
each 1001. consolidated Eyewash Valley stock, 21. ss. upon
each 1001. consolidated 41 per cent preferential stock,
21. upon each 100/. Leicester and. Bitchin preferential
stock, 2/. Is. upon each 1001. consolidated irredeemable 41
ear cent. preferential stock asd shares, 2s. 8 2-sd. -

upon
each 61. preference share at 44 per cent. per annum, Is. 6d.
upon each 61.4 x. share, being yew on 21. 14e, at 51. 10•
per aonum, leaving • balsam of 2,0611. 3s. 2d. to be carried
to the account of the current half-year. The sum of
39,1761. 12s. Id. having been realised from premiums upon
shares sold in accordance with the resolutions of the pro-
prietors, the directors are of opinion that it should be
placed to the credit of the insurance fund against lows by
fire, with which addition this fund now amounts to
54,46 W. 14s. 6d. ; and as the interest to accrue upon
it yearly will probably be sufficient for the put.-
pow required, they propose to discontinue the pro-
vision of 3,0001. per annum hitherto placed to this account.
A resolution will he proposed for consolidating, or con-
verting into, irredeemable Fourand-a-Hall per Cent.
Stock, such of the 61. Preference shares as sbtll have been
fully paid up since the general meeting in February last.
It is necessary for the propneton to appoint five prams,
each holding 2,0004 in stock or shares of the company, to
meet in January next to select and recommend to the next
half-yearly meeting a suitable person to be appointed as
auditor. After the ordinary businees of the meeting is
concluded it will be made special or extraordinary, for the
purpose of submitting fur the consideration and approval of
the shareholders a resolution to authorise the Midland Rail-
way Company, under the provisions of the Tewkesbury and
Malvern Railway Act, 1860, to subscribe towards and be-
come shareholders in the undertaking of the Tewkesbury
and Malvern Railway Company to as extent not exceeding
40,0001. The Tewkesbury and as
Railway Act pro-
vides that the Midland Railway Company may become
shareholders to an extent not exceeding 40,000 f., and may
appoint two directors by virtue of holding this amount.
The directors are of opinion that it is now necessary to ex-
ercise these powers, and they accordingly recommend the
meeting to pus a resolution to carry them into effect.

801:TH EAKTEEN RAlLWAY.—Yesterday a new
steamer, distinguished as the Albert Edward, was pieced on
this company's line of tidal service to Paris, rid Folkestone
and Boulogne, making the eleventh steamer of the com-
pany's fleet, which cotsista of the Victoria, Eugenie, Lord
Warden, Princess Helena, Princess Clementine, Prince
Ernest, Timer Maude, Queen of the French, Queen of the
Belgians, and Princes Mary. The new vessel, built by
Bamuda and Co., is of 220 horse-power, length of water line
206 feet, and performs the passage in 1 hour 25 minutes.
The Albert FAlward bas been expressly constructed for
speed, sod accomplishes the distance, 26 miles, in half-an-
hoar lees than the other veseela. Her commander is Llip-
tsin Paul. Owing to the Influx of foreign visitors to the
Exhibition the company have now two tidal services per
day instead of one. Yesterday the cheap excursion trains
to the Emperor's grand fêtes at Paris conveyed Wawa=
200 and 300 persons, who have the privilege of staying two
days in Paris and half a day in Boulogne, returning on
Saturday next.
THE LONDON GENERAL PORTEN:4' BENEVOLENT
APPOCIATION.—Yesterday evening the quarterly meeting of
the London General Porters' Benevolent Association was
held at the George Hotel, Aldermanbury. the chair being
occupied by Mr. F. T. Litt. The report, which was reed by
Mr. Bennett, the secretary, stated the fOte at the Cretd
palace had produced 471. 17., which, all things considered,
might be regarded ass mice= Through the interest of Mr.
George Moore a library, contalnieg 800 volumes, would, in a
short time, be open to the potters. The receipts of the
quarter, including the balance on hand at its beginning, bad
been 4171.2*. ltd. After defraying the necessary es =Debtors,
a balance of 3261. Os. 9d. remained to be added to the fended
property, which would thus be raised to 4.5091. 25.
During the wilder it was proposed to bold a series of meet-
ings within the 10 miles radius, in order that the manlier
ship of the society might be increased.—Mr. Farads
pe-
posed the adoption of the report. which wee seconded by
Mr. Uttley and unanimously adopted, after Mr. Stevens
had made some observations. The remaining badman was
this trausseted, and the meeting closed with a vote el
thanks to the chairman. •
THE Samos Fie gay.—For the put few days
the Nees has been perfectly swarming with fish, affording
capital sport to anglers, and helping to compensate the
lames of the Friar's Shot for the =productive labours al a
Vicof the eimeon. Oe Friday Mr. MIA= ought we
&S salmon and grams, and on &Walley GO, weekisc
a haul of 155 in two days—a greatly higher take thee bee
been known in the Nara for the last twenty or thirty years
in the same space of time.—/evernen ddrertiwr.