The Express.
London, England, 1848-02-22 00:00:00

THE EXPRES,S, TUESDAY EVENING, FEBRUARY ril, 1848.

Mr. Cox, the oemlnr.iy's agent, came over to Haslingden to
egoisme the pr.,..ri•es, but Shaw refused for some time to
allow him to inspect the warehouse, where some of the
articles said. to have been damaged by the fire were found
perfeetlf uninjured. Mr. Bliss then proceeded to call wit-
nesses in support of this statement, the first of whom was
under examination when OUT report was despatched. The
am was expected to last the whole day.

POLICE.-YEBTERDAY.
cLERKENWELL. —MM= ON TIAN POLICE.— R.,
Godden and G. Smith were charged with a violent outrage
and assault on the police. On Saturday night Gden was
drunk, and attempting to trip up passengers soo
the New-
road, and on Policeman Allum taking 11011 into custody
be kicked end bit him. Smith then attempted to rescue
him, and on Policeman Emberly coming to his brother
constable's assistance he (Smith) attacked and kicked him
brutally, broke his nose, and otherwise seriously injured
him. Other policemen were also beaten, kicked, and bitten
by the prisoners in their endeavours to secure them ; and on
their way to the station-house they were surrounded and
followed by • dense mob of women and thieves of the lowest
description.—Mr. Combe sentenced the prisoners to two
months imprisonment each, with hard labour.
ARL BOROUGH.STREST.—Arrau rrenlldennett.
J. Parker charged with cutting and wounding Eliza Burgess
and Mary Ritchie with a knife, with intent to murder them,
—lnspector Dodd, after explaining the nature of the charge
against the prisoner, produced the surgeon's certificate, of
which the subjoined is a copy: " Mary Ritchie and Eliza
Burgess are both (although doing tolerably well) unable to
attend the court to day, and will probably not be able to do
so for a fortnight. Mary Ritchie is ball in very_considera-
ble dangerigned) J. W. B. STEOOALI., ROO6O Sof-
icon, Charing-cross Hoepital."—Mary Ann Walker, of 26,
Dudlev-street, said that on the previous day morning, be-
tween 11 and 12, she was sitting in her own room, when she
heard the prisoner come indoors and go up stairs into
Eliza Burgess's room. Shortly after she heard them
at high words, and she meat on to the stain to
listen. She then heard • noise and a dreadful scream-
ing proceed from the room. She went to the room door,
end saw the prisoner with a knife in his hand strike at
I Mrs. Ritchie with it, and then at Eliza Burgess. The pri-
loner then laid hold of Mary Ritchie and pushed her down
stain. Witness tried to get Eliza Burgess away, but the
prisoner resisted, and stabbed Eliza Burgess in the back.
Widens subsequently saw blood streamiog from Eliza Bur-
gees back on to her arm. She got Eliza Burgess and Mary
Ritchie down stain, when she saw blood streaming down
the legs of the latter, who was severely wounded in the
abdomen. The prisoner was sober at the time, and threatened
if witness went into the room he would serve her in the
same manner. Eliza Burgess and Mary Ritchie were then
conveyed to the hospital, and the police, who had previously
arrived, took the prisoner into custody.—The primmer, in
defence, said, I was out all Saturday night, drinking in the
Rookery. In the morning Eliza Burgess followed me out,
and we had some words together and teparated. I then
went to a shoemeker's and g it • knife, intending to frighten
and not to stab them.—•l he prisoner was remanded kr
a week.
lees:site litodweenex.— P. Hiles and IV. Houghton,
two Kip, were charged with rohhery.—E. Pollard, a b .y,
was going home through Hyde park, in company with
J. Young, on Sunday evening, about 8 ii'cluek, when he
saw several bye hiding beneath some of the trees in the
park. As soon as vutnesa and his companion came near
them the buys ran towards them, and demanded their
money. One of the hop (Houghton) came up to Pollan), and
said, Money we want, and money we will have !" Pollard
told Houghton he would get nothing from hive Miles then
came up, and demanded money, and struck him a blow in
the f.a.e, which caused his nose to bleed. A handkerchief
I was taken from his pocket, and the gong ran off. Pollard
pursued, and never lost tight i•fthe iwo prisoners. 11:hen in the
' Eileen are road, *inn saw a pollee -coostalde, and he then
'minted out the two prieoners as the ringleaders of the attack
on him and his companion, and gave them into custody.—
The prieeners were committed.
SOUTHWARK.—AN " ARISTOCRATIC" SWINDLES.—
Itichard Douglas, alias Lord James Richard Douglas, at-
tended on his recognisance. to answer a charge of felony
preferred against him on Monday last by Mr. Aaron
Smith. It has already been stated that Mr. Smith held
a bill of sale on a quantity of plate, a dog cart, horse and
hannea, and other property of censiderable value, in a hous •
occupied by the prisoner in Shrepahire. That when Mr.
Smith went to take possession he foue4 that the property
had been taken away since the bill of sale was completed.
—Mr. Cottingham now asked the prosecutor whether he
had any evidence to prove the transfer of the bill of sale %
Mr, Smith net he had not.—Mr. Cottingliam : If that is
the case there must he an end to the charge at tin's, nt.—Mr.
Thomas Chew, livery-stable keeper, Little Moorfields, in-
,
formid the magistrate that be had a serious charge to make
sgaieat the prisoner. In November, 1843, he came to him,
and representing himself as Lord Douglas, said he had a
hunting-box at Eastbourne, in Kent, and that he wanted to
hire a pair of horses for a short time, giving a reference to
Mr. Wells, a solicitor. Ile accordingly lent them to him,
and a few days afterwards the prison( r sent • letter
desiring to purchase them, at the same time re-
questing to know the price. On the 27th of December
following he took another horse, when he lent the pri-
soner a bridle and saddle. The last horse was returned, but
he had not seen the bridle and saddle since, nor had he been
able to trace any tidings of the prisoner until he saw the
account in the newspapers. He further added, that the
dealing with the horses was a debt, but he should certainly
charge the prisoner with stealing the saddle and bridle.—
Mr. Cottingham observed that he had several communica-
tions from Denbigh, Chester, and other places. A gentleman
named Williams bad sent word that he would attend to pre-
fer a charge of swindling against the prisoner if he was poai
live that he would be in attendance.— A solicitor at-
tended from the latter person, and assured the magistrate
that Mr. Williams could produce vidence of a serious na-
ture against the prisoner. He then held documents in his
hand to that effect.--Mr. Cottingham said he had others,
from CapeAtkineon, and Mr. Townsend, of St. John'e, Wal-
lingford ; but at present the only direct charge of felony was
that of stealing Mr.Chew's saddle and bridle. He could
not allow the prisoner to go at large, but required him to
enter into his own recognisance in .5001., and find two sureties
in 1001. each, to insure his attendance on that day fortnight.
Twenty-four hours' notice of bail being required the pri-
soner was conveyed to Horsernonger-lane gaol.
WESTMINSTER.—HIGIIWAY Room:ay.—J. Gentle-
man and C. Clarke were charged with highway robbery.—
T. Brill was passing through Strutton-ground, Westminster,
on Sunday morning, when he was suddenly attacked by the
prisoners. Gentlemen knocked him down with a violent
blow on the face, and Clarke knelt upon his chest and seized
him by the throat, while the other rifled his pockets of Ils.,
with which they made off. The prisoners were afterwards
ire identified, and given into custody. The prisoners were well.
tend known thieves.—Committed for trial.
being

MONEY MARKET. I :
MONDAY EVENING.
Business has been extremely slack to-day, and the
prices of Console have not varied nominally more than
per cent. They were quoted for a short period 891
to but without any dealings at the lower rate. The
real prices for dealing were 89,1 to a at which they
left off both for money and account. Reduced Threes,
89 to Three-and-a-Quarter per Cents., 904
to 3. Long Annuities, 9to 1-10. March Exchequer
Bills advertised 23e. to 275. premium •, the June
bills, 265. to'29s. Bank Stock, 190 to 201. India
Stock, 212 to 4.
In foreign securities there was little doing, and
prices were without sensible variation. Dutch were,
on leaving off, a fraction higher than in the morning,
and came a shade better from Amsterdam. The Two.
and-a-half per Cents. were 54 to 3 ; the Fours,
831 to q. Spanish Fives, 203 to 1; the Threes, 32
to 1 ; Passive, 41 to 5. Portuguese, 253 to 6i.
Russian, 110 to 112. Mexican, 19 tot. Ecuador,
3.1 to New Grenada, 20 to 1.
Until the result of the great reform banquet in Paris
is known, which may be expected on Wednesday
morning, it is probable that no especial movement in
prices will take place. The state of the account must
naturally have a considerable effect on prices, and if,
as supposed, it be a bear account, the firmness of the
market, even at present prices, will be accounted for
at once. Should the account, on the contrary, be an
excess of purchases for the rise, or, technically speak-
ing, a bull account, prices, with the aid more espe-
cially of any unfavourable matter of home or foreign
interest, may be expected perhaps materially to de-
cline. But for the financial statement, with the in-
crease of the income tax on the domestic side, and
the perturbed state of internal affairs in France on
the other, there was every reasonable symptom of
Consols rising to 92, as anticipated in most quarters ;
not, however, from any sound opinion of the ame-
liorated or progressively improving condition of na-
tional affairs in the material sense, but from the
excess of capital seeking secure employment, the
numerous owners of which, in view of recent
disasters, look with distrust equally upon entrusting
it either in investment in public enterprise, such as
railways, or in the more temporary uses of assisting
mercantile and manufacturing industry.
The advices from India state that the duty on the
export of cotton to China had been taken off, a mea-
sure worthy of all commendation. The cotton of
India will thus be all the better enabled to maintain
its ground against the competition of American pro-
duce, by which it was seriously threatened to be
superseded some two or three years ago, when the
prices of American grown were so extensively de-
pressed both in European and the home
markets. Complaints were made that by
this abolition of duty, foreign, that is Amen-
can, vessels would be enabled to load in India
with cotton to the detriment of British shipping. But
it is clear that for Indian, which is or ought to be the
same as British, interests it is much more advan-
tageous that China should be supplied with Indian
cotton than with American, although one as well as
the other should be carried in American bottoms.
The full effect of the disastrous mercantile

PAID.,

genes from England had not yet been expeeiimeed in
India, although the first shock had been partially re-
covered from. The more improved position of the
produce market here recently, in indigo especially,
will doubtless tend on arrival out there to im-
prove confidence and business, and it is to be
I hoped, indeed expected, with some confidence,'
that each succeeding mail will carry out mom
encouraging intelligence in that respect Mean-
while it is discouraging to learn that there
as here mercantile integrity has not stood
against the trial of mercantile disasters. Lle
strange incidents are recorded in the Indian papers of
very questionable proceedings of parties implicated
by the failures here to get rid of their liabilities, or
otherwise to repudiate them. The Union Bank, in-
volved by the insolvency of their agents here, were
endeavouring to struggle on, and with a large quan-
tity of indigo on hand the directors proposed to
despatch it to England for sale under the superinten-
dence of one of the directors. The proposition wee
unfortunately strongly opposed, and though carried
by a majority, it appears that the minority were
still resolved to renew the discussion and have I
another division. It does not appear that any final
resolution was come to before the departure of the
mail. But, considering the improved and higher I,
prices realised by indigo here at the late sales, it is to
I be lamented that the suggestion of the directors did
not meet with a more unanimous acquiescence. Sup-
posing—for the matter was in doubt— that the Union
Bank should be compelled to a suspension, the credi-
tors could scarcely suffer, except by the delay of pay-
ments, as the proprietary, are understood to be strong,
and quite capable of making good all adverse
differ-
epees.
From the United States the particular subject of
I interest is the loan to be required for the Mexican
war of sixteen millions of dollars, in addition to deft
ciescy bills already incurred. It is to be feared that
the low rates of interest for money now ruling here,
may induce capitalists to remit funds for employment
in American securities, governmental, state, and pri-
vate, where rates of remuneration may be realised
from 6 to 10 percent. or more.
The Sinflopore Free Press, of which a file has been
received to the 31st of December by the overland
mail, gives some details of agricultural and mining
progress within the British territory of Malacca,
which are satisfactory evidence ufthe spirit of industry
and improvement abroad in distant settlements. The
tithe on the production of tie, for example,
brought for the year ending 1546, 1,026 dol-
lars' only; for 18g, 3,343; for 1848, 8,19(1.
Forty congsees, or associations of capitalists, I
employed 2,1100 Chinese in the collection of,
the ore. The quantity of tin on wh'eh the tithe must
be collected, which is farmed out, would be 4:333
peen's, on which the farmer made a profit of 30 per
cent, The tin was taxed in Calcutta at 10 per cent.;
a large tax for the produce of a British territory, and
which ought to be reduced ur abolished. Malacca
tin, a strange and objectionable anomaly, paid 20 per
cent. duty in the whole to government, whilst foreign
tin paid oily 10 per cent. Exchange a! Singapore
ruled at 40. V. per dollar on England, with shipping
documents, first class bills on Eugland not otherwise
disposable.
ENGLISH FUNDS.
Ronk Stork. 201 1229 India .3.4. ck. 2424 4
3 per 4'4. Reduced Ann.,. 6:•? t Ditto Bond-, .E. 10.1. 7
3 per Con.. Alma. e 9: 4 Cereal* for Acct.. rto3
Non 31 per Ct. Am,... t• 4 i t Etch. Rills. 1:1000. 3.1.. t) 6
Lone cap. 6th Jan .• I No. Ditto, Ad:, ert.b.d. Juno. joss, 7
1.16
FUSED:di FUNDS.
Equador Boa,. 37
Ipa '29 It rag (jt..1=171:, TA. tat,
Ditto Deferred, 4 1104
19 244 r, Ct. Dutch Each. 12 solid.,
4 Ise Ct. Fortu,,ouse W._ 21 6 4 per Ct., ditto Certilkstee. 861
6 per Ct. ISpenteh Pa.dve 43 ,
EXCHANGES AND STOCKS ABROAD.
V. 19.—Art Debt. Teronadeellall ter Cente.. 523:
Ditto, Three per Comb... r.. 3 3-16; Ditto, Your per Wit,. A 4; Anion.
SPA., r2t: Cumin. Co.. sinnieh Floe tier Cents. I Ard.ln,O. 15; It:
Ditto, Three Centa.;;Jt ; Ditto Interior, ; Coup., ;Anloin
12 DAC: Anglo Porturtp,e Four per CvMs., 5,4 ; 11.4= Ft.. pee
17 7 and 104.
YIA,CI'4II2, Fre. 13.—Au Fire per Conte., lob bill. • Ditto
Four per Cent.. F 71411. : !huh. Idoli hilbi:
Ernithfort Three per Cent.. M IMO.. Throesmda Ilalf per
cents., 964 none'; Srml.h Three per C 011.,. 2.1.4 looney;
Ditto. Floe per ('onto. hilt'. in neon y.
Beaus. Feu. 17.—St. &Maid. Soh.. :dl; Fran,. :eh.. 521 hiW : Pat.
elan Intult, 1124 4.

TILE COMMERCIAL BANK OF IJAN-rm.—The inurnall
do Ila rre of Saturday states that the municipal and commercial
delegates to Paria, to raise the necessary funds for enabling
the Commercial Bank to resume its operations, left Havre on
Thursday evening, taking with them a considerable amount
in bills and oth' r securities for a much larger sum than the
advance required. As a further guarantee, the delegates
carried with them a list of signatures by brokers and mer-
chants, making themselves responsible in various sums, the
larrat of which was for 10,000 fr., amounting together to
1,700,060 fr.
PECUNIARY EMBARRASSMENTS IN VIENNA.—The
Cologne Gazette of the 19th publishes a correspondence from
Berlin, of the 16th, in which it is asserted that, since the
rey ding day, there was a panic (sin pun iseher Schrecken)
at the Bourse and amongst all concerned in it, in conse-
quence of the intelligence received from Vienna respecting
the pecuniary difficulties of the Austrian National Bank. It
appears that the Austrian government, in order to meet their
etv,rmous expenditure, had withdrawn 95 millions of florins
from that establiehment. It is asserted that the contem-
plated loan from Russia is intended to cover the advances
made by the Austrian bank. It appears, moreover (to maks
matters worse), that there will be a delay in concluding the
negotiations for that loan.

RAILWAY NEWS.
The share market was dull yesterday, influenced
doubtless by the dubious state of the funds. Prices
may be reported however without any particular
change, although dealings were rather difficult at the
official quotations.
011 ARE LIST.—LONDON, Fan. 21.
Nora—The quotations of Unel In Homan characters .Tenote actual
transactions; those of lines In Duties seller( ieleaa
I,sll.
1..L0n.,14.W.A.New50t 32.1
C I Do. Nnr,lut.
U. e
Do. Coon. Tenths ;$
1°641
Dv. do. feoliu.
lifrosts. I Of&
3 I.tf.se. Box/. ox/.
Mat. 2f 3fcl
1110:3Ion., Miry_ Lindo.
13 Do. f shares. ..Vo.l
2.3
74 Do. shares—
if Do. • ets £lO reef. f
Du.Gt.Grion.,acff.
I Du. do
4il
...
Do.
21 Do. Grimsby Dock
Cn Do. Mu „Lon.en.
Yt MancA. tlitoaltosiD
Midland IN 11
tso 41.14.. darn
131
Liad Do. 90
tiDo.C. Dn.& 110.61 a
! Do. Brist.J.ldorte,
Do., do.. do.
.44. It eat. t) /3/..1 rish
Narnatit d Carla/.
'Newmarket .
Do. t!rhora Ilt 11
Do.l.rtnyton

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sp.
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Bir. Wog. a• Votkg
Biros. & Oxford Jo.
Umlon Dn.&
Bristol 5111‘1 Lunar
Ix,. Thirds
Buckinghamshire--;
Ilkfileduussio ......
Do. share.,
Chester r, /101101cOd••
Do. Preferenoo
Ca
Do. De rr/ire ...
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[kiln in& 1,2..
Itejlt. June.
Dundalk& Itantdds.l
E Doi2l/..I•ELIL4kI
Do. 11511. & 11.1.1
D 0.131.100. E.&11 1
augurs Counties
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Do. New .. .No. 21
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to
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Du., lb, Thirds
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Do. shares
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Lads dwd Ascot
, Do. New
Do.Pose.6psoCent
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1.1v..01.4by.t0 &ma.
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Do. Estes:son
Loo., 11,48.5.5 p.
Do. Coos. I:4AM
Do. do. Uusc.sl,Cl
Do.Preencl,CL
Do. do. 1852 •
London and Grtllllo.
Do. Preference.
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No 1 43d.
17 I Do. do No. 114 41d.
/5 Do. do
741 Do. do. Third* CI ltd.
Id South Wale* . . 2 ..110
3 ISlork.Danuaboolc:ll
4 Irmo Vale Extothoo 14 Ittd.
144. flamer Howe. Dki.!l3 12d.
4 I
W114•050u., Vof South . it
30 611 mt. 13 11d.
155141,1
IW.ert.Doin..oStngxl/7.1:114,13,"th08.,..
3314
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Do. Preferepot ....1354
Do.E.aw.ittdd..l,3o 5

IrOMIOO gLILWATIL I

Boulaisse k stsaians.ll.3.
16 COl.Ol /4,10,d VOl.O, Ip.
7 6
'GoldmDrkA n
a S.. dandfred
16 Namur awd Liao . 96.
Northers of Fume 1 1
6 Orkdad t Dordeatdr Id.
41 Over lira 146.
Poem and Lyons
Paris and Orkaai
Paris add Haden—
I Paris & Sifrostawrip
Kamen and !Sarre I II
Psuabre and Meuse llllll6.
Tours and panto
wd Wart ft Laden.... It
NORTH ta.arro.—Half-
Hudson, ALP., io the chair.—

46 48 • d
50 • dly

;146687+9
11 P.V. lL
I
. 191 11 X
. 57 69 f
I 4p. X
t 64

011 AND P
Feb. 21.—Mr.

Tye aimed...ice 04 ebarelsoklen wee numerous. After the preliminary
beseenve, the secretary. reed the directond report, which no
uounces
that the bawd, in laying before the prnprietona a statement of the
sceounts of the company fur the half-year ending 314 Dec., 1847,
bays to repose that the receipts on the traffic amount tfor pamertgere,
parcels, and maim amount to 126,9161. 3s. 3d.; for merchandise,
eater, n0.,106,901/.19e. sd. ; and for reOte and le aitheffueal ell. 11.4 d.;
total, 233,999/. 4s. The expanses of working the line during
the mine period are 69,299/.17e. 7.1, and the interest on debenture.,
113,65 I. 4.. 4d. The clear meteor the half year derived from traffic
being 147,7651. Ile. 24. The directors recommend that a dividend be
declare I, after the rate of 10 per cent. pee annum, en the consolidated
stock of the company, and after the same rate upon 101. per chore of
det
the Eaet sod West Riding share% being the amount *hied an
pa
com el
up on those &barna previews to the 30th of June last, rag ine-
tax. The total amount of this dividend will be 11 11. 13. Bd.',
the payment of which, together with the halt-year's the Hull
and Selby and Bridlington linen, due us the let of le ry Instant,
will leave a baithee of be 11. 15.9 d., which being added Male 16.000/.
the proceeds of the sale of • portion of the East and West Riding
philtre, which were placed at the deposal of the directors,
Ives a green surplue of 16,e811. 15. 9d. to the credit
of the company. The !!arrogate One was opened a- far as
Spofforth on the 10th of August. The line between Filer and Brid-
lington was opened 011 the 20th of October, and from York to Market
Weighton on the 4th of October, and the directors expect to open the
line trout setby to Market Weighton and the new elation at Hull, with
the brioche. leading thereto, in April next, end the remainder of the
Harrogate line in May next. The greater part of the work on all
these !wee bas been already executed, end tLe station' at 11011 and
Harrogate are approacisieg completion. The directors add the fol-
lowing detail+ of the traffic for the half-year :-Palreeirele : let class,
105,015; 2ml ditto, 241,443; 2rd clam, 319,713; government class,
I 160,091; total, 827,065. Horne, 3,431 ; carriage., 1,172, Merchan-
div : geode and ;rein, 396.627 toes; coal, 115,503 toe.; coke, 79,935
tow • lame, ere., 13,682. Cattle. 15,332 ; cheep, 64,055 ; pigs, 6.0111.
The dath theement won appended. The capital account thawed the
reoeipts prior to 1 My, 1947, to have been 2,891,6511. se. ed. During
the half year there has been received on amount of ehares3e6,932l. In.;
and on debenture+, 134,678/. Debentures to the amount of 22,0001.
have been paid off, lensing the nett receipts of the half year at
501,6101. In. The sum of 3.0,000/. has been borrowed from the 6 per
cent- guaranteed stock, and a balance is owing of 106,0321. 15. rid.
The payments prior to July, 184: amount to 3,1...3 je6691. Ifs. Bd,
Duriete the half year there hove been expended In worth and stations
340,0741, 190. 3d.; eleepent 39,823/. 15s. 7d.; land end conveyance,
51.495/. 14e. 9d. ; iron rails end cheese, $8,612/. lie. 9d. ; engine%
carriage., waggon!, lex. , 41,5941. 7a. 111. • perliamentary expenses
5,0301.; engineering, 7,0014.; advance to 'Hull and Selby Company,
55,917/. 4e. 10d.; mi.teellaneous and printing, 8751. 15s. Id.; total
µeyeteeth ie half year, 6.2,4271. I la. 4d. The traffic account showed
ed
a µlance from last hnUyear of 1,766/. 7e. 24.; pamengere, pewee% a
melba 126,94 e/. to 3d.anereliandim, ligi,9olt. iriasd.;rentialSlLle.4d.;
prime& of mle of share", 16,00014 total, 251,765/.11..1d. Tneexpendi.
time her hen, in maintenanot of way and repairs of property,
5,492/. 2'. 114. ; locontotlve expenses and cote, 25,*.2/. 4. 4d.: duty,
5,4325. 6s. 6.1.; direction, 7501.; conmeea ntiou, 4661. Itia. 11d.; miµ!
ornaments expenns, gee, inSlatillee, 6c. ; 1,2601. 10s. 5d.; rates and
knee, 6,209/. the. ,d.; printing, advertising, and etationery,
I 1,3e7/. 7.. 3d.; gelatin of resident engineer, tie-votary, and clerks in
combing department, 2,731/. On. Id. ; wage. of clerk and porters in
merchandire department, and for oil, tallow waste, cover., no.,
9,7061. 17e. like ; polioemee, porters. guard.. ite.. 7,3881. Ile. 24.;
rewiring carriage., waggon*, lee., 3,3e3/. lea. 7d.; law charge., 7!.;
total pay menu, 67,090/. 17e. 7d. ; interest on debentures,
18,8531. 4e. Id.; balance available for dividend and rent,
163.8131. 9. 3d.
The Chairman then eve to move the adoption of the report. He
said he eoestrutulated them upon the fact that be had not to meet
them with a &Annealed divideod. But although that wee not the
cam this time, he would not conceal the fact that ere gene. In increased
capital had to he paid upon. there Kant be a slimineth d dividend.
But that wan a getation of [lathe. If trade reeiv,'l, and the theme of
the penile increase', then the company woull is /net by inencatet
truffle. With MIA Ot to the Loa and Weet teeing 'three, be proposed
that they Omelet pay on another 5/. capital TM et half-year, to ;mother
31. on eueceeding lialf-year, and on the nether 31. tilt tne third h.df.
year. Ile eh-.reed that the unereet on them charm data
not been pail out of capital, although their Oct permitted
them es du so. With referethe to their future eratne,
he obeereed that, during the pant balf-per, it had averaged 8,0091.,
and he anticipated that next year they would reeeze an avenge of
10,0011/. per week, Ile then referred to his remarks at Derby n
Saturday last. Ile was happy to say that thin company had resetoed a
reduction of fume before parliament, and IRAICCSIted tbe acme tariff
as when fleet incorporated. They had not dipped into capital for
was amino-
sr..retest their railway; no amalgamation of this complus,
pate' with the York and Neweaetle Company. Ile mated these faro
in contradiction to reports made elsewhere. He commented on the
great inerem• of trifle to result front their breeches when trey come
into full wicking order, and look,' forward to the day when they
would real:m.le per cent i n all their capital. '1 he comp •ny wined
' not hare to pa to parlismcnt this nes'en for any bill; thel
he Lel:crud their property wan OR :Went,' lot any pro-
perty could be.-The revolution was carried unanimously.-
Mr. Moor ached mine questions; but Mr. Rand out
to each
questions being preterit during negotiation. which RIC pending re-
spectug the team of the Mull and Selby line. in which the Manchester
and Leek shareholders here an interesa-The Chairman entered into
some further details, from which it epees, e . that be expeetea they
had ample capital to meet all their expenses in the execution of their
branehea - Mr. 'trough reonmmended that the Emst and West Riding
&harm should participate sooner in full dividend.-The Chairman pro-
mised to consider the RUM Ptioll before next meeting:
declaring resolution
dectaing the dividend sa recommended in the report -namely, at the
rate sat In per cent. per annum on the consolidated stock, and 10s. per
share on the East and West Riding elrin 0, ten income tax-was then
carrid.-Sir J. Simeon and It. Nicholeuo, Erie, two director% were
reeleeted.-A vote of tharks to the chairman terminated the Maine's
of the meeting.
Toni, NEWCASTLE, AND HeII.WICI.-M the elese of the
preceding meeting the bueine se of this company ea, proceeded et ith,
Mr. Hudson the in the chair. The secretary read the billowing re-
lent : - Th., directors beg to present to the proprietors the usual
statement of the capital and revenue account,' Kir thehalf year ending
the Slat of In cembt r bet, chewing a balance of 210,714/. 12s.
favour of the ne ap my on the revenue account, after deducting work-
ing expenses and mterest. The directors recommend that • dividend
be deelured at the rate of 9/. pee cent. per annum upon the coneoli-
dated stock of the company, &M upon 101. per there of the York and
Newt le EItRI/lioll share, No. 1 ; and that a dividend at the same
rate be paid upon 151. per thane of the original Newcastle and Berwick
end North :elide% purchase shams respectively, and ..t the rate
of 5/. per oent on the remaining 10/. per there of the North Shields
share. After the payment of them several dividend., and the half.
yew'. tent of the Great North of England Railway, a nonplus of
13,8831. 13s. 10d. will remain to the credit of the company. The
traffic for the part half-year appears to the directors to have been
MIMI satisfactory; and as there will be no addition to the rent now
payable to the Great North of England Company for the next 1.8
smooths, and as • large increase of trek may be confidently expected
can the completion of the bridges tense the Tyne and Tweed,
and of the different Manske yet unopened, the directors
regard the tenure prnimects of the company as of the most
eneoura.gthe character. The directors propose to commence
forthwith the vin-ruction of the dock. at Jarrow Slake, for which
SR net was obtained last mission. Thear dicks, when complete'', will
lona an important addition to the lacilitire which the company now
pees= for shipment of coals and other merchandise. and cannot fall
to prove highly advantageous. During the late monetary crisis the
directors have not had ocemion to suspend any of the works in area.
Lion. They have used their beet endeavours to forward the completion
of the bridges neer the Tyne and Tweed, and bane proceeded with
the liedale and Kelso branches as they obtained posermion of the head.
The Bedale branch will be opened for traffic on the let of MAP* =de
The directors are applying to parliament thin session for pager
to deviate part °idle branch line between Think and Mahon, by
which a large rum will be weed in the expense of construction. hey
are also applying fur power to lease the Hartlepool Dock and Bailway,
anti to make a line at railway from Newcastle to Durham, by the
Team Valley, and to make certain branches in the county of Durham."
The directors add the following details of traffic: Paeostagers, first
clam, 135,518; second dam, 519,430; third clam, 944,931; govern-
ment class, 68.549; total, 1,719,436. llorees, 2,092; CRlTiNtnt
1,001; dogs, 3,1:1; cattle, 13,631 ; sheep, 37,268; pigs, 2,663;
roods, 139,121 loos; minerals, 1,245,067 tons. The cash
statement presented the following results : - The amount re-
ceived on capital account prior to July, 1847. was 3,368,103!. Is. 2d. ;
received on shares during the halt. year, 717,392/. the.; and on de-
bentures, 33,3101 ; debentures paid off, 188,5201., keying the net
leoelpts on the half-ye or, 562,1821. In. ; loan from the Great North
' f line end tarchre account, 340,0001. ; balance due to bankers,
186,2401. 10. ; total, 4,466,526/. Is. 2d. The amount expended
June
30, 1847, was 3,681,102/. Bs. 3d. ; the further charges during
the half year have been-in parliamentary elem., 9,6784 13s. 3d. •
engineering, 3,006/. 1410. 7d. ; tenant-right, 2,21111. Ile. 3el. ; Land and
conveyance, 40,790/. te. :d. ; worke of roads, nation, As.,
396,607/. 3.10 d. ; Iron rails and ehaban 40,3077. 185.9 d. ; sleepers,
8,3110/. 3s. Sd. ; Wearmouth dock, 32,93e1. 13.. ; advertent( and
printing, 9181. 2s. ; miscrilaneong disbursements, 1,1731. 18a. 84.
Pont p and South Shields Railway, 23.000/. ; electric telegraph,
14,e07/. • interest to ehareholders, 14,1071. 14e. Id. ;9e.k,
including engine% eurriagte, and waggons, 102,1661. 6d.; i
making total payments of helf-year, 793.423/. 12e. 9d.
The truffle account showed • balance 'from laid half-year of
29,9e8/. 19.. Id. The receipts fur passenger*, carriages, parcels and
made- 163,4771. 6. 6d.; goods, 41,7941. sa. 941.; coal, 108,7151.4 a.;
cattle, 3,0521.rent5, 3,73e/.demurrage,
fete/. Ilk. 94. ; total, 551,453!. Ils. 6d. The charges have been in
maintenance of way and repairs of property, 12,944/. 19. bd. ; work-
ing and repairing engines, tee., 40,3291. Ise.; coach and waggon re.
pain% 6,564. 3. 3d. • coaching account, including eateries,
16,191/. 5s- gel.; borer hire, fuel, gas and stores, 1,2991. les. 94. •
shipping and loading mimes, 7,274/. 195. 6d. ; way laves and
damage ground rents, 9,408/.lls. 4d.; rates and bum, 5,728/. 13n.3d.;
government duty, a,3321. 10e. Ild. • miscellaneous expenses,
2081. 13s. 4d.; direction, 1,2501.; auditore, 00!.; stationery, silver. 1
tieing and printing, 4011. Ss. I Id. • compensation, 23e/. is. 6d.; de-
e d benture Interest. 19,6641. Is. 41.; dock expense.. 3557. Bd. ; in-
ethe tax, 1,659 L p 3..; insurance, WV. les. 9d.; total payments,'
133,738/. Ins.; leaving a balance of 216,714/. 128. Bd., available fur
rent of leaned lines and dividend.
The Chairman. in moving the adoption of the report, observed that
their weekly mettle had averaged 12,40,4.; and had not the "equeve"
I occurred in October it would probably have reached 13,01101. They
had a large balance after paying the dividend which they racem-
e mended, which mien be highly gratifying. Toe cometruction of their
bridges over the Tyne and tweed wan being premed on with all
eperil, and he hoped that in the month of July neat they would have
• a temporary bridge over both places. When three bridges were com-
pleted he assured them that the traffic would greatly astonish all
polite. They would famish Edinburgh and a great part of Scotland
with end and coke. The Kelm branch would be opened as soon as
pees, ible in the next autumn, and would teem en important
feeder. The Bedale branch would be openedoo the et of next month.
With reference to the traffic, had they pomemed dock room, ample to
their wants, they could have worked their Valle at much thee ex-
pense, and realised a much greater revenue. They had carried the
astonishing quantity of above a million tone of male in the last half.
year. No property existed which could be relied upon with more
certainty than the railways in this district, which pemeneed an im-
merse agricultural produce, a large traveling population, and mine-
ral in unbouadril quantities,, for which them was enormous demand.
With relereree to call% be did not expect that they would require
any during the next half-Tear ; but he declined to pledge himself on
that point. The next call would be on the N 0.2 Eateneions; then
the calls would be on No. 1 and No. 2 in equal .1112/4 pursnent
to the term, of amalgamation.-Tbe evolution adopting the report
was carried unanimously.-The chairman then MOCCOI that a dividend
be now deciareel at the rate of 9 per cent. per annum on the consoli-
dated stock of the company, on 131. per share of the original New-
castle and Berwick Ames; on 13/. per share of the North Slaielda
purchase shares; and on 10/. per share of the Extension No. 1 shame;
and at the rate of 3 per cent. on tee remainine 10/. per share of the
North Shiekle purchase shares, each dividend to be paid, km income
tax, on the 28th of February WM.-This resolution was carried =Mt-
mowsly.-Tbe Chairman referred to the express train, on Saturday
tact, from London to Glasgow, with the budget. Thee beet the Cale-
demean line into Glasgow by two hours and a half. The details were
as follows : -From Rugby to Normanton, 11.1 miles, in 2h. 6m., being
et the rate of 34 miles an hour. From Normanton to York, 25 miles,
In 29 minutes, being at the rate of 31 miles an hour. Prom York to
Berwick, 150 miles, in 3 hours and 26 minutee, being at the
rate of forty-three mile. an hour. Prom Berwick to Edinburgh,
on the North British, 38 miles in 1 boar and 20 min., being at the
rae of 47 iles an hour ; and from Edinburgh to Glsegow, 48 miles
int I hour.m The total distance from Rugby to tthiegaw was 394 mikes,
which was done in 8 hours; 21 min. inch:thee the time lad in CUM-
lac** Tweed and the Tyne, where the bridges are not completed.
The next evolution was that Geo. Hudson, Eel-, M.P., and R.
Device, Esq., be re-elected directors; and that Thos. Bureton, Faq.,
and H. lUchardson, Et.q., be elected auditing for the cur-
rent year. The resolution was carried with loud applause.
The business of the hall-yearly meeting haring been concluded, espe-
cial meeting was held for the porpoise of submitting to the pmpriethes
for their consideration and approval the drafts of the following bills
Intended to be applied for in the prventeession of parliament, vie. :-
" A Bill for enabling the York, Newealak, and Berwick Riaill.
Company to deviate or alter part of their 'Dunk and Mallon ..rag
Railway, and to abandon part of the same, and for other . urpoires."-
" A Bill for enabling the Hartlepool Dock and Railway a eged
the Great North of England, Clarence, and HArtlepoolJunetiealealli.
way Company to keine their reemectes railways and works to the
York, Newcastle, and Berwick Railway Company."-" A Bill fee en.
abling the York, Newcastle, and Berwick Railway Canpsny to kth
prone their main line of railway, and to make meek einem la tir
county of Durkam, and for other purposel."-Te Mk,
man briefly explained the eldest of thee several tOs
and they were all taseadesoo27 approved eL Wr. J.
Rood, of Halifax, on the aireeseree that the Mies or
the meeting was concluded, old be hit that tbe proprietors et this