The Express.
London, England, 1849-03-07 00:00:00

SOUTH EAST!*N,.

In anticipation of the twenty-filth half-yearly meeting of
this company, to be held at London-bridge, tomorrow, the
Bth of Marsh, we have received a copy of the directors re-
port to the proprietor,. This document states :
'. The directors have to report that the receipts of the
South Eastern Railway Company for the half-year ending
the 31st of January, 1849, have been 238,1301. 13s. Bd. The
amount of working expense' incurred during the halt-year
has been 74,2511. 10s. 2A The rent of the Greenwich Rail-
way. and the Canterbury and Whitstable Railway,
21,6321.105.; therates and government duty, 21,2931. le. 1 Id..
making the expenditure on revenue account of the half:
year, 117,1771. fr. Id., and the balance to be carried to the
account of profit sad lose. 120,9531. 1 ls. 7d.
"The account of profit and loss, after paying the last
half-yearly dividend, was in credit 3,4891. 13s. 2d., but
there were aurennts, making an aggregate of 14,8791. 3t.,
whisk nmained over as balances from the halbyear tenni-
snag an the 31st July kat, and which, though not in any
way to the espMiture of the half-yeez ending on
the AA I slave immerse a charge upon its revenue.
° The came m9mgs et railway was open. for traffic divine
the hit half-year as for the corresponding period of the
Mesh year, bat the receipts from passenger traffic for the
last Itan-year were less by 15,2981. 174.24., whilst there was
an !mean of 13,1231. 4s. 9d. frog the goods cattle nod
parcel VISA The diminution of readpts from inn: daring
the last half-year being 9,1751. 12s. bd.
"The large mown paid for rates during the half-year
ems& be passed unnoticed; the directors have taken the
dope necessary for their revision, sad have reason to believe
that they will be considerably reduced, although it will be
=end that the Greenwich Railway. the London-bridge
us, sad the Bricklayers' Arms Station and Branch
will always present a large amount of
i a property 11= :0
INNINONNti. The directors have
thstilistratnaltel efforts new nuking by railway proprieties*
ofelkineelst WINO
wttiplasee the larnio, f rriansgi:alle railways obt r.
thee ,teat injustice I. done to anilway property by the
mode of rating, the directors have prepared for the
eiectien et the pro es a petition to parliament, praying
fir relief, In this session.
"Dating the half-year the rum of 667,1921. 61. Wail
has beonpaid up by the • tors ; 370,9931. Bs. 10d. has
been pail daring that iod for land; and 80,4001. Weft
and loan notes bevies. been paid off, and 28,9091. hoods
renewed, the mortgage debt, which stood at 1,200,7271. at
the beginaieg of the half year, was reduced to 1,147,2271.
en•the 31st of January.
; m The company pureness powers hitherto totexercisai fin
riling the sus of 2C0,936L ea mortgage, and the state dthe Mosey market is new la* as to make it likely that this
mom NA be Weed on aftemlegeone term. The company
has shoe pewee to efts haft, capital, by the creation of
sham, to the assent of 340,0001. It will be the duty of the
(*sakes to off a special meeting of the proprietors when
ea* ea opmefta is to be serried out.
O The ably bill the semen has before parliament is for
the mineno el ardherking the pertial opening of the Ash-
hell lad fflealfam, ad Tunbridge Wells -and Basting. lines;
the pllleiteee of hod in Southwark for the site of a new
nisei woke the provisions of the London-bridge
ialengsmist Act, and now completed by private sr-
=mile authorise the company, If the proprietors
see te become the owners of steam-boatL If it meet the
of the proprietors to raise the capital required
to prelim steam-boats, the directors suggest, that it may
he orraaged with the proprietors of the present South-
, isinws and Csatimmtal- Mom Packet Company to ex-
linage their sham In that rempany, on terms to be agreed
IN. Sr shares in the railway romp ay
"Hitherto the South Eastern Railway has hardly reaped
any besefit by the traffic in merchandise from the Continent
—dos traffic., however, it is just entering upon, and the di-
lators will make the =seamy 7epass et ptikwon,
mil Deese, at the Ildeldayere Arms station, and the
imam blip tresdame, to enable the maw/ to
earn it ea saffehetarily. The directors =dash
being enabled to establish bonded warehouses for
wines ad ether merchandise in the arches under
the Greenish Railway, and that an examining room
for silks ad valuable geode will be remitted by the Board
of Customs at the statics, as as to allow come
unarm& Rader the Customs lock from packages
and to
Folke-
stone le London. The Prima goverment were appealed to
Z 1
whoo:kesems in asn&unedis with theme of the litediers
at Pianos wail et tisesa=smi Amiens Reit-
IP., Se entertain the question the spites of peer
peels between FNAN SNlPrailsad. the appileation was
mired milk so mash Smear, that the Abeam harm that
*Obi bat the es omey of the mama les parented its
eases% AM they ell'H heft *X TIN ailsweity of
Ibsen( **Med with as pompom tokinnia
make the now diem jeer.
my man Lofts to Paris is a Warms* to peas mid inter-
ems, ell*** regime* Meths. end miligheaseg soma.
saswle*** seastries mud bein *
0 The kw/ telhe eager Intik el thilumn=llagters
/a system of salve* lit et emits lm Om -Nip
-terminus, and to seeds that statism sash* *ea ilpeetwf
*awry importer* radar minas with this measure

beyond that tallish bee bean already made, has been delayed
pending the needed negotiation with the warns* el at.
Olive's Gremerret School, for whom, under the hems of
the act of patileent, the company was bound to hid a as.
site, to pay it tiM Nestica of new Wilding., ad of tem-
porary asemeimedadoo. The larger parties tithe outlay
hare OD 4serne by the Brighton Casigany, who, cm
the all of Mileoloy, acceded to the teem ef mange-
meat inlegotal by the South-Eastern Railway Company to,
and Bpd by, the governors of the school. Under the
Leaden Station Enkrgeno nt Act, the enlargement and
diadem of the London Bridge Station between the
South-Elden and the London, Brighton and Son&
Coed Co.panies, mast be completed by the Ist of
August, 1860. The directors have not committed the
company to any fixed plan of enlargement and division;
but the saleset timid be promptly settled, and the weeks
completed in time floe the opening of the North Kist Sou
Upon ibis Imgertant line the directors ars happy to --
that the webs ate in • !coward state, and the penmen
way led hoe Erith to the junction at Gravesend. The
directors have used every effort and inducement to praline
• similar activity upon the portion between Greenwich anil
Frith, but they have had nose to feel, and have 'spruced
ant disestidestion with lir. Brogden, jun., the contractor
for those works,—circumstances which have proved more un-
toward, boas the near relatioaship of the contractor to •
member of the board. Notwithstanding, the directors still
entertain the expectation that the line will be opened by the
Id of July. All the stations on the line will be emspleted by
that date.
" The line fan Aaidord to Rye being finished, and the
land from R M Ilislbse and St. Leonard's paid for and in
the ocEspwy • the directors have latel let the
emboss Gem Idi pipsmien,om Hill to Hastings and St. 'a
es Woe dot embed meet favourably with those that were
awed wins lade work was put out to tender two years
due, end win be found to warrant the delay which has
taken plans in the execution of these works which the com-
pany wen pledged to parliament to complete by the autumn
of 1848; • pledge, the fulfilment of which has been delayed
by the eareesuebb tenders made for the execution of the
weeks sad tbe Mullin of the times.
" The extract for the works between Rye, Lidhani,
Whatliagten and Robertsbridge was let previously, but the
works on this part of the line being comparatively light, the
directors have net deemed it neemeary topresethem forward.
" It will be observed that the directors have now con-
tracted foe the instruction of the parliamentary line from
Ashford to Sr. Leonard's, whilst at one period they contemp-
lated the possibility of avoiding the construction of the por-
tics between Lhasa Hill and Hastings, and obtainalitainthe
authority of parliament to substitute the line from
Hill by What/int= and St. Leonard., and so into
Hastings ; but, after the most mature deliberation
epos the whole subject, they resolved to give up
that preposition, abandoning, at all events for the
the present, if sot altestker, the construction of that
risatelegtra Tanbridge Well. and Hastings line hose
to It. Leilleffri. This decision leaves the
quell= of milky nearly ebeflar in either ease. The direr
tars had no lege at this late period of time of obtain*/
l au=set piellemeat to lengthen the coast line of
by Eire miles. The locomotive works and oar-
risge slaps at dabbed will have the attention which their
'input's's°, dim e&
" The Remilajbenildford, end Reigate Railway is expected
to open for hells by the lot of August. The directors have
every non to be aninned in their view already expressed,
that the mist lithe railway will be limited to 600,0001."

MONEY IL REST.

TC'EfIDLT BVI3IIIIO.

The funds have exhibited remaikeeteadinerito-
day, quotations varying only to the extent of per
cent. Consols opened firm at 913 to 3, tnt were de-
pressed a little by a few Wes, in consequence of a re-
port that the Rumen government had applied to the
Porte to allow a fleet to pass the Dardanelles.
Subsequently, doubts being entertained as to
the credibility of this rumour, Consols rose
to, and were dons at, 911, but at the
close of business were marked 913 to both for
money and account. No particular animation has
been displayed in any description of public securities
throughout the day. Reducel Threes left off 913
to 3
Three-and-a-Quarter per Cents., 923 to 1.
Exchequer Bills (June) 41s. to 445. premium. Bank
Stock, 193 to 5. Business has been done in India
Bonds at 535. premium, and in India Stock as high
as 240.
The market for foreign securities was extremely
dull, with prices nearly stationary, except in the case
of Spanish, which obtained an advance, the Fives,
closing at 174 to 18 ; the Threes, 291 to 30; Passive,
31 to 41. Portuguese were 25 to 6. Dutch Two-
and-a-Half per Cents., 481.2 to 91; the Fours, 783 to
94. Belgian, 82 to 4. Danish, 65 to 8. Russian,
104 to 8. Mexican, 261 to 3. Peruvian, 494 to 501.
Brazilian, 82 to 4. Chilian, 94 to 7. Venezuela, 26
to 8. New Granada, 17 to 1. Ecuador, 3 to 3.
French Three per Cents. were bought at 53f. 50c. and
52f. 50c. Exchange, 25f. 200.
The quotations in foreign exchanges to-day were as
follows:-On Paris, 26.45 to 50; on Amsterdam,
12.13 to 2; on Antwerp, 25.60 to 65; on Hamburg,
13.12 to 121 ; on Frankfort, 1211 ; on Trieste, 11.28
to 30-all at three months. Bills at short date on
Paris and Hamburg were in demand, and con-
sequently firmer.
ENGLISH FUNDS.

Bank Stock, 193 41 5
3 per Ct Red. Lam. 11! a 1
3 pa' Ct. Om. Anti.. 911'
(few 33 per Oast Amt. 911 MI
Long Amulttes, cap. Jan. 6. 1860.
8 1144
Ditto. 30 Yam. tap. Oct 10. 1369.
81

Loos limout..
St so Tam ow
Jan. 6, 180
India Stook, IN 40
1064 Bads, £l,OOO, 63
Otos. tar Ads., ill I 1 if
lizesmsir Ma, £1040.211. Jar.
to
Dusk /100. 66.. Jms. 46
ROAM
In par
/1a Valseeela Beads, Def.,
71 C
3 par OL Pm& Bates, 431W6,
at. 606 wt. 26f. 266
46r OL Belidan Bondi. Ns. W..
4 mitt. DIA& Certioeatis,ll64

1011311311
6 per Qt. Peruvlialleok6ojj
6 per Ct. Zuni& .&81.
1No03;
per Ot.
1711 &peril Me. trces
640,
DUN Met., Ileac& 16. 171
3 per Ct. Spool& Bowls. Z;