The Express.
London, England, 1862-07-18 00:00:00

ST. If4TBARINI DOOKS.-(THIS DAT)

The half-yearly meeting of the proprietors w 2.1
hald at 1 o'clock, et the Docklows, Tower-lull ; Mr. J
tans le the chair. _

The following raped and statement of amounts were
prompted :
"The ainonshe of receipts and expenditure of the °mom,
for the belf-yeee maid the 30th of June last ham been
to impestkm Waft the 9th instant, end an autism of th,
same, with a copy of this report, has base circulated smog
the proprietors. Them accounts show the following re,AL
of the business of the half-year :—Grose earinup,
127,0231. 4s. 7d. ' • expenditure, including later.
at. 913,361/. 9s. • ' net earnings, 20,2711. 17w. 7d.
The directors recommend that a dividend of per ma,
apoe the capital stock of the 00131)3110, be now aeciami fur
tie half-year ended the 30th alt., such dividend to be pi).
alga, free of income tax, on and after Friday, the 25th Wet
If this recommendation is adopted the rest will nand m

JnnnarY
68,1771. 18s. 9d. At the meeting
the propieters were informed that negotistiom
were pending with the insurance (Aces to obtiio a
modilleatiou of the scale of premiums published by thus
in the pisose Avast, and the directors have now the
satisfaction of being able to state that this company', pis.
miss, as well as the merchandise deposited in them, we
insured at the lowest rate applicable to inch property. yu
obtain this coettemion, however, the directors have boo
obliged to ogres to nmke structural alterations, the cost of
which is estimated at about 12,0001., and which see
now prorieediog as rapidly as is practicable without interfer-
ing unduly with the current business of the establishment.
The following comparative statement shows the quantities
of goods landed ia these docks daring the first six months of
1860, 1861, and 1862 respectively ; the stock of goad, is
warehouse at the end of each of those periods ;aid th-
shipping sod tamege that have entered the docks &trim
those several half-years : Goods landed in 1860, 65,701
tons ; 1861, 59,123 toes ; and 1862, 64,265 tons ; goods is
warehouse, on the 30th of Jima 1860, 67,,Qt
toes; 1861, 67,928 toes ; and 1862, 59,791 me&
Shipping. —Ships with cargoes, 1860, ships 257 ; tau
76,528; 1861, ship 244, tam 73,548 ; 1862, ships 247, tom
77,693. Ships light to load, 1860, ships 163, tees
1861. ship 160, tons 28,121; 1862, ships 164, tons 27,476.
Total, 1860, ship 420, tone 106,9175; 1861, ships
404, tons 101,60 ; 1862, ships 411, toes 1115,169.
Pert of Loudon Deseret }totem—Number of ships, aryl
Ilheirespepte register tonnage, that entered the port of
Limb" with cargoes from foreign ports, during the hall.
ran ended the 30th June, 1860, 1861, and 1862 respee.
Lively, distinguishing the British from the foreign:_
British, 1860, ships, 2,762 ; tons, 833,786 ; 1861, ship
3,924 ; toes, 878.215 ; 1862, ships, 3,09:0 tons, 851.164.
Foreign, 1860, ships, 1,641; toes, 373,006; 1861, shim,
1,963; tons, 461,548 ; 1882, ships, 1,801 ; tons, 448,4%.
Total, 1860, ships, 4,403 ; too*, 1,206.792 ; 1861, ships,
4,877 ; tons, 1,339,763 ; 1862, ships, 4,831 ; toss,
1,199,677.
Amite and Liabilities, June 30, 1862.—Dr.: To cost of
docks and outlying property, 2,588,4621.95. 9d. ; to addi.
timid pentime and improvements, 33,0791..16N. 9d. ; to
,eel seement—bslanoes at bankers, 13,4321. 4s. 3d. Boat*
behmese, 2,0704 • together, 15,5021.4 a. 3d. ; to SMOODU re.
leelsable for outstanding rates, charges, rental, dc., 95,745/
Id to value of stores on hand, 7194 18s. 3d. ;to value of
inplemnial fire policies, 936/. 2s. 7d. ; total, 2,732,4451.135.
Or.: By consolidated stock, 1,039,800/. ; by debentures,
ha, bearing intermit, 620,217/.109 ; by superannuation
fad, 44,3581. 12914. ; by demi* 4,1401.45. 2d. ; by uu.
gold amounts, 16,1811. 6s. 3d. ; by unpaid interest, 7,8187.
In. 3d. ; by unclaimed dividends, 1,407!. se. 2d. ; by saw
pe account, 1,2501. ; by rest aooount, 68,4011. 3s. 2d. ;
balance of revenue of the half-year, '19,271/. 15s. 7d.;
total, 2,732,4451. Lis.-11d.
" &rainy end expenditute for the half-year ended 10th
1882.—Dr.:Jana To interest on debentures, he., 13,8531.
119 11d. ; to salaries, 11,2581. 12s. 2d. • to wags, 47,065/.
12s. ;to *ores, 7,52111. 4a. ;to rates sod taxes, 7.7491.
4s. 11d. ; to insuranee again* be, 6691. 10s. 7d. ; to loss
and allowances, KM 179 9d. ; to donations and gratuities,
2201.3. ; to repairs, works, and dredging 3,0291. 19s. 6d. ;
to law charges, 701. ; to towage of ships, lighterage, agency,
!to., 4,8801.140 6d. ; to incidental charges. 1,1861. 18s. 3,1;
to balance, 29,271/. 159 7d. • total, 127,623/. 4s.
Cr.: By prime or landing rates, 63.645/. 18s. Bd. ; by extra
raise aad rent, 58,2301. 139 led ; by rates on ship, 8,1111.
12s. 10d. ; by export Aarm on goods, 3,9981.105. ; by rest
of premises, 3,6361. 108.1., 127,6231. 49 7d."

" The following is a supplementary comparative state
ment of the gross arming, and expenditure of the half•
year incl uding th e intereet on debentures, and the oorrespoed
Mg Periods of 1860, 1861, and 1t162 :—Expenliture, 180,
521101; 135.; 1861, 95,478/. 18s. 6d. ; 1882. 98,351/. 9a ''he ed
applicable to dividend erns in 1860 38,4011. 4e. 83;
in 1861, 35,0251. 12a. 11d.; in 1862, 29,2711. 15s. 7d. Ths
pass receipts were is 1860, 134,53 W. 17s. 13d.; in UM,
130,5041. lls. 5d.; in 1862, 127,6 M/. 41. 73."
The en annian, in moving the adoption of she
said the excess of 2,0001. in the expenditure arose=
the manipulation of 8,000 additional tons ; while on tbe
other head the rates bad undergone a reduction of
about the same amount. This accounted for the min•
tire of the dividend from Me. to 30a. ; and however the
directors might regret that evil they had seen no way of
avoiding it. Negotiations were being carried on with the
beards of the Victoria Dock Oosgany and other COMPOiei
for a readjustment of rates, and it was possible that
special meeting would be convened to consider that subject.
Mr. W. GLADSTONE (deputy chairmen) seconded the
motion, and expressed his belief that the negotiations re•
tarred to would have a satisfactory issue. He thought they
ought not to be satisfied with less than 5 or 6 per cent.
After some discussion the motion was carried, and the
meeting terminated in the canal manner.