The Express.
London, England, 1849-08-13 00:00:00

HULL AND SELBY.

The half-yearly general of the shareholders
ia this company was held oa Saturday at the offices at Hull.
Mr. WATSON presided.
Mr. Lomixo the secretary, read the report, from which
it appeared that sum of 29,0141. 13a. 4d. was available
for the payment of a dividend, out of which the directors
recommended a dividend of 21.9 e. 641. per share on the
Al. shares, and li. 4s. 93. on the 2,51. shares, being at the
rate of Di. 18s. per cent. less income tax. With r, femme to
the lease of the line to the York and North Midland Rail-
' way, the repent says—. Rumours having been circulated
that there are doubts as to the validity of the agreement for
the perpetual lease of the Hull sad Selby Railway to the
York and North Midland Railway on Lie term, at pre-
sent existing, the directorsbeg to assure the shareholders that
no such doubts are entertained by them or their law advisers
nor has any official communication of any such doubts been
made to your B mrd of Directors by the Board of the York
and North Midland Company. The existing agreement for
a perpetual lease is under the seal of both companies, held in
due Wm, and confirmed by the Hull and Selby Purchase
Act of 1846. The deeds were prepared by eminent counted,
sad your directors have again recently submitted them to
ormasel, whose opinion has altogether confirmed the confi•
dams of your directors in the perfect validity of these instru-
ment."

The report, on the motion of the chairman, was adopted.
A resolution declaring a dividend of 21. 9s. 6 I . on the ori-
ginal shares. and 11. 4s 9d. en the 251. shares, having been
serried, a vote of thanks clotted tit* proceedings.

CHESTER AND ItioLvitern.---The amounts to be presented
at the half-yearly meeting of the proprietors on Wednesday
show that up to 30M June last the receipts upon the railway
for the fourteen msnths up to that period for which the line
had been opined were 78,7861., smiths rxpeodkure
leaving a net profit of 27,3181. The steam-boat traffic from
lot August, 1848, was 6,8131. ; the expenditure in working
it was 19,9991., showing a loss of 13,1131., leaving a net profit
from the opening of the line of 14,1941., out of which a pre-
ference interest of 85,1941. thereon has to be provided, ex-
clusive of a dividend upon 2,100,0001. original capital.
rammer RAILWAY Tannic.—The flowing are the last
matins of me gross receipts of the prliodpal French
, railways :
Nserwaso.—FrostJuly 80 to Aug. 3 : 230,338 f.; goods,
1011,426 L ; total, 304,0143.
SOCZP.—From July 29 is Aug. 4 : Psassagsts, 101,064 f.; goods,
UAW; total, 1a6,143L
II em—Prom July /9 to Avg. 4 : Ti.....,.,.., 31,2421%; goods,
41,011112.; 75,341 L
OILIAMIL —TIMM July 30 to Aug. 3: Paissuger% 107,60 a; goods,
10,1311.; total. 197,7171.
Vinson.—Viet July 30 to Aug. 1: Passeages, 43,230 f.; goads,
21,403 E; to 74,833 E

STAIRS AMONOST THE STAITORDMITRE COLLIERS.
—BIRMINGHAM, MAY 11.—The effect of the recent fall in
the price of iron and coal, and consequent reduction of the
workmen's wages, has resulted in one of those trade strikes
which have always proved (and especially hereabout') so
harmful to all the parties concerned. Within the last week
a pretty general turn out has taken place amonga the wi-
lier, at Pedestal, Weinesbury, West Bromwich, and Tip-
ton, owing to the masters having given notice of a reduction
in wages of 6d. per day for thick coal. A meeting of those
whe have struck was held on Thursday at Coek Heath, near
Pedestal, at which about 300 were present; thereat it was
unanimously resolved that they should not resume work
until the masters granted them the same rate of remunera-
tion as existed before the strike. Taking into account the
redaction now made, their Freemen wages would be about
3d., upon which, having in view that they do not jut
new get more than two days' work pee week, they declered
It was impossible for them to subsist, and the general opinion
seamed to be that the masters have made the present reds*.
Men without any just cause for doing so. There is a good
deal of ill-feeling on the part of the.. who have "struck"
against those who have remained at their work, and this
have bean vented in so many ways that serious disturb mem
have been apprehended. At West Bromwich on Tuesday
evening, a collier who had been working in a pi: helonging
to the Heatbfleld Company was attacked by a mob of some
two or three hundred pereons—them being chi. fly women
and children—and stoned all the way home. This crowd

threatened further disturbance at the man's Wont, but dis-
persed on the appearaace of a strong body of police. At
Dadlt y and other pl .ces there have bees similar, and even
more alarming, outrages. Two men were on Saturday
brought before the ramistratn at Handsworth, on
a charge of lurking in the neighbourhood of a pit
at Tipton, in which were some men who had refused to
join the body of men out on strike. Upon being searched,
one wu found to be armed with • thick short stick, haring
on old baronet att .shed to it; and upon the other a loaded
pistol. Various suspicious circumstances havinr come out
respecting those men, y were remanded in custody.
There is a good deal of excitement throughout the dkrict,
which it is to be hoped will pass over without dis-
turb ante, but at present the men are very much discon-
'mtge. At the collieries of Messrs. Morris, of Morsel,-
Leath, some of the men have resumed their work, and UM
mugged that others will soon follow their example.