The Express.
London, England, 1851-08-23 00:00:00

I.Morpot!lern.N7l7n4a2O't•sic,9•

:
Sorib &South Wrol.Junc.
oxford. Wore., & %Volvo'
icottuA Central
Scortioh Midland

00. New.. .. ...
Shrews. k Birm., Cla: A

la„ Claw B. .-. ...I
ihrereburyklicrefordol..
,hrewsbury and thettes

itur. W.

Uo. (J eauj ... ..

Do. tiew
Ahr.peltire Union
SouLb lleTou .
south Eo•tern

ZZii;

41'2.114 and lionfeinalint
4tocktoa and Hartlepool.,
.

Vile of Ve~th.

-...—.- .
Waterford and Limerick..
Vork,Newcastlettlierwiel.
1)o. do. Eaten/none ..
I.le.O.M.E.Purchass
To and North Mtdlana

LINES LEASED AT El
I Desks it Hang. Eat. I per,
Ct. (leaned to GL Western!
ItirminghdatiltOnlordJunc
ealledutypd.,ora
ant (lea to Gt.Weat.,
Ditto without a guarantee:
(leased to Great Weatern!
itirm.. Wide., and Dudle)!
calistittlypd.,otaititattar.!
(lamed to GreatWodern,
Ditto without ariaraatee,
(leased to trot Weiderni

~~;1A4~

)41 3041

174 175
5j50

511
&0 $0
lif

iplesdais Jima=
(Wised lo Wooded= ...
IstLlassiriguar 616.0.
prised to 0!.. Mather's)

llO~aaatar t Una Vof 't

(iced to GrestWentern
orkntS Yid
Do. 6 drains (ditto)
lIR sham; (ditto) ..
lit Bradford ;Midland.
iltadon Ent Greenwich.

611 NI

(11osed to Some item'
!Ditto Preference (ditto)
Lowestoft Guar.4 orrCest
(lowed to Norfolk)
NortharaftEnetern 5 perCt
'lensed to Itirt.Countiee

Digo ditou Ns~

ik.N.Westat Lane Isyork

Unto ~ehuxe(Al (alto)
Reed" Guild., and Reigate
(teamed totatl! n

I6oj.cm ~aii~ue~n flaw

el' "I
Do. Stlepreth Katen.(o
19 I 91 iouthStoffordPhiro tie
- -

to Mr.
Wrar V.lloy. 6 p. Ct. guak
(loosed to Stocatoubaktr.

PREFERENCE SHARES.
81. 10 Caledonian Sl6 - ... 8j 7
13 13 Cheer and Holyhead _. 13 131
61 211 'Dundee, Perth, sad Aber.
1 , Been Junction ... V 1 dim
21 111. RanAndlisa(Sl.lo.l6p.ti.... ll 2
61 111 Monism Counties Eaten..
I i 3 per Ct No. I par 4 pas
61 61 Ditto do. No. 2 1 dis per
10 : 16 Do. Now 6 per Cent. Stock 101 101
aiithm
20 36 'llM.Uniceaßre:CCt 10 11
Ed 3 $ iatnegii, and
Dusts, Fe per -.' 1 ells par
I Grua liartasesll per Cent 131 131
trestreiljEigiths, j 11 Fes
Orme Welton (Write,l
Samerset,tWers.64k.)
LosinahlrekTorta. P SP)'
Ditto 6 per Cent. Stock'
Landirs,l3rinhto6: &Cowl
Peid.aperVt.Stock,lll3l,
kern 101. shares, I-. ....
LandontrithWastern New'
lan.Pheff.ltLise. jsa.Nol
Do. New .616 ... . .1
Do. S 6 . .1
.13.r.:103.ip.CF

tlt' I
B. too;

:10

:7;157C, "iiteiiaioii:77.
De. Si per Olga. Guar.

:•7117
f 13.4 per

90 91

21 Ai par
11 111
Pen
127 129

IS 16
4& if
4f 3
I Pa

13 134
13 14
14 6 1
.
I 4 1 die

tarews.*Cbootot(Nce.W.
Min.) 5 per Coat.. ...
York. NovasWyk Borw..
Ot.Nortk of flog.parede.

The half-yearly general meeting of this company
was held in Edinburgh on Thursday, Mr. Learraouth, of
Dean, the chairman, presiding.
The directors' report having been read, an abstract of
which appeared in our columns on Monday, Dr. Maclarlan,
of St. Bernard's, handed in a protest, as he said several
things had been very curiously passed over.
The CHAIRMAN said he had very few remarks to make
to the shareholders, as everything was contained in tee re-
port. The directors had nothing to conceal, and they laid
••• I before the shareholders a plain statement of facts, without
I any embellishment. The capital account was so nearly
closed, that it might be reckoned the same as closed. The
directors were grateful to the shareholders for having per-
mitted them to go to parliament for powers to raise as much
mossy as would relieve them of the personal obli-
Lll"sunr which they lay to the banks, and
de,hoped the shareholders would now sanction the
creation of the shares authorised by their act, and that
they would take up the shares so created. If this were done,
it would completely emancipate the directors from all per-
sonal liabilities, and would put the line in the possession of
the shareholders. They would see from the report that the
directors proposed that the shares be issued at 21. 10s. each,
and that one share be apportioned among the holders of the
ordinary and guaranteed stocks in the proportion oil share
to 251. of stock. Now, it occurred to him that morning that
if they made the shares 31. ss. instead of 21. 10s., it would
prevent the necessity of the directors borrowing 110,0001.,
as proposed in the report; and in that case the shareholders
would get the benefit of the interest, which must otherwise
go to the banks ; and the company would be placed in a
meet independent position. However, that was a matter for
the shareholders themselves to consider ; as he intended to
propose a resolution to the effect suggested in the report.
The chairman then recommended that the interest to be
given to the new shares to ho created should be 5 per
cent:, as it was not likely that they would be
taken up at a lower rate of interest; and on the
subject of the traffic for the last six months, stated that
although it was not all he could have wished, yet knowing
as he did the difficulties with which they hod to contend,
he did not feel disappointed at the result. The Great Ex-
hibition had been against them. However, he believed the
traffic had now reached its lowest possible amount, and that
it would increase. The last week's receipts were very good,
amounting to 4,5001., which was the highest they had ever
reached, and was about 1501. above the revenue of the cor-
responding week of last year. He then stated that the ex-
penditure had been reduced, particularly in the coke de-
partment, and that the directors would allow nothing to dis-
tract their attention from the economical working of the line.
EXTENSION OF THE TELEGRAPH.—It affords s The CHAIRMAN next stated that the detective state of
great pleasure to find that the Great Western Railway the plant, and the want of suitable accommodati on at the
Company have at last determined on meeting the public station at North-bridge, had prevented them from de-
wants, by allowing the laying down a line of telegraphic veloping the traffic ; and instanced for example, the fact
communication all the way from Slough to join the tele- that they were unable to resume the running of short trains
graph at Exeter, and thus we shall have a direct comrauni- this year to the places in the vicinity of Edinburgh, from
cation by electric telegraph from Plymouth to the metro- , its disturbing the whole of the traffic on the line. [hut
polio, and from thence to the principal parts of the king- o was one reason why they had gone to parliament for the
dom. The South Devon Company also mean to have a' enlargement of the station act. Re, concluded by moving
direct communication with Exeter, so as to avoid the break the adoption of the report.
in the communication which has hitherto Cahn place at Mr. EAGLE HENDEBSDN, the deputy chairman,
Newton.—Plymouth Journal. seconded the motion.

.WATB.

m 40 floologme sad Anises
10 SO ,Cenirsl Frisco (Visroms),
10 5 ,Dutsb Moab I
10 16 I got DADA
5 3 PG211112 Indian P5e120212..
Do.
Bab 171 /42261 Maeda
10 74 Do. do. New
IC SO Namur sad Logo
10 Is Ncrthorn ..
10 B Orleans AM Dzedissz
39 10 Paris and Orleans
16 10 Paris sad Isom
10 17 'Paris sad litnmboari
SO SO Items mod Haire ... ...I
10 JO 11222 bee mad Yews
20 16 jTours sad 1400122
7,, I 61 wort Raiders_

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