The Express.
London, England, 1851-02-11 00:00:00

CLERICAL

Issued 77,245
The amount called up being 351. per share, a. d.
the interest payable in 1861, at 6 per
cent., will be
But supposing/ the proposed arrangement he
agreed to, and the dividend on the eonsoli-
, dated stork to be at the rate of 3 per cent.
per annum, the account will stand thus :
Dividend on 77,245 shares of

Pitt VEILMENTS.
Rev. J. A. Ewing, to Westmill Reetory, Herta, value
4741., and residence ; patron, Countess of Me:borough.
Rev. J. 11. Gandy, to Old Ckevo Vicarage, Somerset ;
value 4661., and rebiclenee ; patron, Rev. A. 1.. Luttrell.
Rev. G. J. Garton, to Brighton, Curacy, Derbyshire.
Rev. J. 8. Hall, to Dallty Rectory, Yorkshire, value
MIL and residence ; patron, the Rev. Canon Gray.
Rev. J. 0. E. Ilaoluek, to Little Sudbury Rectory,
Gloucestershire. Sable 2341., and residence ; patron, W. a.
H. Ilartl7,
Rev. IF. Howlett, to Wiuster Perpetual Curacy, West-
moreland, value 611. and residence ; patron, Vicar of
Kendal.
Rev. T. S. Polehampton, to the Second Mastership of
Crewki rne Grammer School, Sooner*. tshire.
Rev. IL Roe, to Broadway and Ilinevmhe Curacy, Dorset.
Bev. J. S. Upton (Rector of 'fankendt y), to Donicastar
Deanery House, arch-diucese York.
W. Watson, 8.A., to the Mastership of Peterborough
Grammar School.
Iter.J. B. Anderson, to Town Ilarningbam Rectory,
Norfolk, on the prem otation of John Thonias Nutt, of
'lowa Barniugharu-hall, in the said county, Esq.

PETITIONS FOIL RAILWAY AND PRIVATE

BILLS.

S01:111 WALES TimwaY.—Yesterday the standing
orders were declared to be complied with in respect of this
company's bill to ratify and confirm certain subscriptions
and payments made by and on behalf of the company by
the Vale of licath, .tterford, Wexford, and Wicklow and
Dublin Railway, Trilby, Saundersfoot, and South Wales
and Lynsi Valley Railways. Parliamentary agents, Mums.
Hunt and Meson. l'ritt and Co.

---
LIMA AND THMAIt ItAILWAT.—The standing orders
were complied with for altering the name of the company
to that of " The Leeds Northern Railway Company," ex-
tending the time fur completion of the works to tire years,
and providing as to regulation of capital.
LANCASHIRI AND YORKAHIRE (Fifth Shares).—The
standing orders were declared not to be complied with for
declaring the rights of the owners of the .ith shares ; the
bill, which was brought in on behalf of the shareholders,
being opposed by the Lancashire and Yorkshire Company.
The standing orders were also complied with in the fol-
lowing eases : —Hove Improvement—Sandon Turnpiko—
. Stroud and Gloucester Turnpike—Shrew,bury and Bridge-
north Turnpike—Ring's Lynn Municipal 'Corporation—
Wrexham Improvement—llastings Improvement—Durham
Markets—River Cam Navigation—Whitby Waterworks—
Parish of St. Mary, Newington (Partition of Walworth
Common Estate, Erection of Workhouse, dle.)—Royal
Edinburgh Asylum for the Insane.

16,917

ADMIRALTY, FEB. 10.—APPOINTMENTS.—M10.1Mere
Assktants NV. C. Buck, to the Fisgard, and T. U. Spence,
to the Birkenhead.
Chief Engineer Charles Pemberton, to ditto.
Clerks John Freshtiehl, to the Victory, and John H.
Duffel', to the ("make/and.
Assistant Engineers Joshua C. Robinson, James Mor-
rie, Benjamin Oreetham, George Kitchenman, James
Stuart, end Charles Makey, W the Birkenhead.
Fourc-SEVENTH lthuntENT.—Thisregiment, under
the command of Lieut.-Colonel Hay. embarked at Cork on
Saturday. the Nth inst., on board the Java troop-ship, for
Corfu. The depot companies are stationed at Waterford.
ENROLLED PENSIONERS FOR CANADA.—The United
Streit* Gazette states : Arrangements are in progress for
sending to Upper Canada five companies of enrolled pen-
sioners, to be accompanied by one staff °Meer of the first
clam and three of the second class, to be placed under the
command of a military superintendent of pensioners in
North America. The stations selected are Toronto, London,
Amlienthurg, Penctonguishene, and Niagara."
SAILORS STRIKE IN LIVERPOOL. Yesterday,
nearly 2,000 sailors struck work, and paraded the town
with a band of music and flags. An ugly effigy of Mr.
Lahouehere was likewise paraded on the end of a long
pole. It was generally understood among the men that
they were to make a bonfire of their tickets in the evening.
They protest not only against the New Marine Act, but
against the old one, by which they are compelled to sub-
scribe a shilling n month as hospital money, from which but
few of them derive any benefit.
GREAT WESTERN RAILWAY.—The Bristol share-
holders having memorialised the board of directors, strongly
urging them to run a cheap train to the approaching meet-
ing at Paddington. a reply, has been received from the
secretary, Mr. Saunders. stating that "the directors do not
think it can be justified on principle as a plan conferring
general benefit on all the proprietors who have their capital
vested in the undertaking. For the reasons Mated in their
report of February, 1810, adopted by the company, the
board deem it improper to take any step for giving pecu-
niary advantages to some shareholders, who may be locally
situated to avail themselves of it, to the disadvantage or
exclusion of others, who may not be in icondition to profit
by it. but who might even be laces by e plan."
EAST STOICEIIOUSE WarErtwoaas.—Thia bill wan
'Wen the Examiner of Standing Orders to-day, and the
Standing Orders were declared to be complied with.
(Advertiatment.i—Te is BEST MEDICINE TOR COM-
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ford to Birmingham or Wolverhampton, over the linesof
two other companies, and conversely, and to provide mutual
accommodation for the working of such traffic. The through
traffic is to be collected by each railway in its own district
A eery numerous meeting of the proprietors of this for conveyance over the other two, and the produce to be
company was held yesterday at Derby, to consider the pro- distributed according to mileage. A committee is to be ap-
priety of adopting several bills--one for carrying out an pointed to consist of four directors of the Great Western
arrangement with reference to the 601. shares, a second to Company and two directors of each of the other com-
purchase the Leeds and Bradford line. Jonx ELLIS, Esq., ponies. The agreement is to continue in force until ter-
M.P., in the chair. I =mated with the consent of all the three companies.
Before the chairman opened the business, Mr. IttoNsints The directors remark in favour of this agreement that the
handed in a protestamiinst the whole proceedingeof the meet- Great Western Company can give the Shrewsbury Compa-
ing, which the chairman refused to hear read. It was, how- rues traffic, not only without cost, but with advantage to
ever, handed in. I itself, while there can be no such exchange of traffic with
The CHAIRMAN then stated that the board of directors the London and North Western Company, but only an or.
were unanimous in recommending the adoption of the pro- I nngement for that which is competing. The members of
position carried at the last meeting with reference to the the traffic committee provided in the agreement, have been
601. shares, and then rout the following statement having , appointed by their respective board., and are proceeding to
reference thereto, which he recommended to the attentive supply the best means of conveyance between Banbury and
aonsideration of the meeting : Wolverhampton for such period as the Oxford and Binning-
The number of 101. shares created is
Of which are unissued
and if the powers to complete the latter, which the directors
seek from parliament are obtained, it may be opened within
two months thereafter. The Great Western Company have
a bill in the present session to improve their junetion with
the London and North Western Railway at Birmingham, so
as to form uninterrupted railway communication lwtween
London and Birkenhead. The Shrewsbury and Chester
Company have also applied to parliament for powers to run
over the Chester and Birkenhead Railway at proper tolls,
so as to remove the incongruity of that company charging
the Shrewsbury Companipt... tolls considerably bleier
than the rates and fares to the public. The
Shrewsbury and Chester Company have secured for
themselves and their allies extensive wharf and sta-
tioa accommodation on a portion of the Birkenhead
Docks reserve, together with part of one of the floating
docks, rind have given notice to connect the same with the
Birkenhead Railway. The directors submit that thc grow-
ing traffic of the Mersey, and especially the opening of the
Birkenhead Doeke, justify this company in being a party to
these arrangements, whit'.[ will secure for its traffic station
accommodation inferior to none in the kingdom. These
arrangements, it is argued, are not inconsistent with a
settlement of the question in dispute with the London and
North Western Company, which the directors arc willing,
as they have repeatedly offered, to refer to the arbitration
of impartial parties unconnected with either company.
The directors have felt it to be their duty to proceed to
pirtiamtvit for powers to complete and open the Stour
Valley line. This step is rendered necessary in consequence
of the London and North Western Company having sus-
pended the works on that line-, as also those on the joint
station at Wolverlnunpton. The directors regret the public
inconvenience which is occasioned by the determination of
the London and North Western Company to keep the Stour,
Valley line closed, as a mean of compelling this company to
accede to their terms; and they cannot doubt that parlia-
ment will require that computes- to carry out the engage-
meld entered into, when they obtained a lease of the line,
to open it in July, 1850; or give to this company the alter-1
native of completing the works and opening the line to the
public.
An eligible piece of land for a goods station in Birmingham
has been secured on lease, and the directors propose to get
ro pper junctions with that and the Stour Valley Railway ;
as also with an independent passenger station at Birming-
ham, in case they are unable to use the proposed new
station of the London and North Western Company. Notice
has been given of proposed junctions between the Dinning- i
ham, Wolverhampton and Dudley, and the Stour Valley
Railways; as also a junction with the Oxford, Worcester
tend Wolverhampton Railway at Tipton.
The works on thia line are in the best possible condition,
and the directors have advertised the maintenance of the
permanent way to be let by contract. The expenditure on
capital account during the past half-year has been
26,5611. 9s. ltd., leaving 40,566 f. 10e. td. still unexpended
to make up the emu of 1,1.30,0001., at which the capital
enema fur the main line wail estimated to be chased ; nntl
which the directors believe will not be exceeded, although
it will include an outlay of nearly '20,0001. for the canal
basin and wharf at Wolverhampton, not originally esti-
mated in that amount.
The ;peels and mineral traffic continues to be carried on
with difficulty in consequence of the means of transference
with the Birmingham Canal being confined to the small
basin adjoining the tempoiary passengers' station. The
works on the permanent connexion wah thccaual are, how-
ever, being proceeded with, and will be soon completed,
when the revenue under this head will be considerably in-
creased. The accounts published with the report show a
balance, after paying the half-year's dividend on the pre-
ference shares, of 1,0181. 12s. 7d., and they re-commend a
dividend to lie paid of 2e. per share on Class A shares, on
account of the year's dividend on the Stour Valley portion
of their stock, guaranteed by the London and North Wes-
tern Commie,

timuy.

MONEY MARKET.

THIS DAY.

Two reCtorx.
Though the arrangements for the settlement of
the monthly account in Consols, which falls due to-
morrow, have been in full operation to-day, there is
an entire absence of the bustle usually noticed, and
prices have experienced not even a fractional
change. The "differences" accruing in this
market are expected to be very trifling, as both
the fluctuation of prices, and the amount of business
transacted during the account, have been very small.
The business in progress unconnected with the set-
tling presents only the features noticed for some time

past.
Consols experienced an improvement of yester-
day afternoon, being quoted at the close of busi-
ness 904 to 3 both for money and to-morrow, and
at this quotation they have been steady all day. The
account proves ..hullish", with the rate of continua-
tion ruling at about 1, the price for delivery in
March being 963 to 3. Business is officially reported
as follows: Three per Cent. Consols, 96!, 3; ditto for
account, 961, 3; Reduced Three per Cents., 97, i ;
New Three-and-a-Quarter per Cents., 983, -„ ;
Long Annuities, 1860, 73, 13-16 ; ditto 30 years, 1859,
73; ditto 30 years, 1860, 7 7-16. Bank Stock re-
mains firm, and marks 2151 and 215.
Exchequer Bills appear steady, at former rates,
'sls. and 575. prem., at which prices a fair amount of
business has been done in the different classes of bills.
India Bonds continue unnoticed.
The market for the foreign securities is good to-
day, with more business offering. The chief atten-
tion appears to be directed to Spanish stocks, which
have experienced a further rise, the Active
Bonds touching 19,!, whilst the Passive are
quoted about 3 higher than yesterday. A meet-
ing of the Spanish bondholders is convened
for to-morrow (II ednesday), when no doubt the pro-
ceedings will be of an important character. The fol-
lowing stockshave met withbuainessto-day : Brazilian
New Five per Cents., 1829, and '39, 915. Danish
Three per Cent5.,1825,773; do. Five per Cents,lo3s,
23. Two-and-a-half per Cent. Dutch,sB3, Equador,
31' Z. Mexican Bonds, for tho account, 33!,,
335. Portuguese Four per Cents., 34, 33 cx div.
Russian Four-and-a-Half per Cents., 973, I. Spa-
nish Active Five per Cents. for account, 19,1., 7,3,
7, ; ditto Five per Cents., 1838-9-40, div. from Nov.,
1840, 18; ditto Passive Bonds; 43, I; ditto Three per
Cents. 385.
A measure is now in progress with regard to Paris
and Strasburg shares, which is calculated to be of
great benefit to the shareholders; DM is now paid
up out of 201., and the shareholders hare been
closely pressed by calls. In order to enable the
directors to finish the line, and relieve the pressure
on the shareholders, it is proposed to put off the calls
for three veers, and to issue for that period to the
sharehold'ers who may be disposed to take theta up,
debentures bearilig 31 per cent. interest. By this
means those shareholders to whom money is an
object will be relieved from forfeiture, while those
who are ready to pay up the remaining instalments
can do it in the shape of debentures. Thus pre-
ference shams will be avoided, and the full amount
of accommodation for all interests secured.
The subjoined calculations show the rate per cent.
per annum yielded by the various securities cited at
the average of the prices which ruled yesterday.
Where the asterisk (*) is 'prefixed it is to be under-
stood that the share rate of interest is less the in-
come tax. It will be seen that in every ease we take
the rate of dividend last declared u the basis of our
calculation :
laculur tun. Comte avows pries rialiparaistaS $
Illavapar Onn. Hedlund 97 IP $ se
atrernromma.a.aurter par •• ff
11.2 k 111.2111 Mi.. 7 pat aant. par us.; 215 5 21
Wig Nook (di.. 10$ Der paL yam.) WTI •• 5 15 5
unman new (tat. fed. prW.Va. I 4 4,
Edam Cantle, alums 4(12a1f-yeart7
wet Or. por ah. at 204,faiaal to 1 per
7s 117 11
Opal wean* Lice IL (414. at the
Ma a( dyer sat. par ass.) ... $1 n 4 111
Imaithre sad Yalibe stsi
asin...inv. was rate of 2 par oat
mina.
Leilma at 4,•••••-likek (pro
• 14414••••• dt.„ at as me
of 414 r ams. per ..... al • 4 10 1