The Express.
London, England, 1865-09-07 00:00:00

THE EttPitEgS, THTJESDAY

NAVAL AND MILITARY.
_.__

AmaxAuT, Sm. 8. —APPOINTIITX7I. COM-
musks E. H. B. "'mall*, to the Conatanoe, sloe Jardiee.
lienteemet S Hothato, to the Coestanoe, vim Lyon.
Muter's Amelebust O. C. Hammond, additional. to the
Entiej.
BooondlHaster T. J. Palmer, additional, to the Asgard.
Assistant Paymasters T. Mitchell, additioeal, to the
Daman ; R. M. Colwell, additional, to the Cumberland.
Assistant Paymaster is Charge C. H. Cagy, to the Dee.
Midshipman K. E. B. Atkisson, to the Achilles.
Engineer FL Hall to the leans, for the Thais.
Paomanos.-Bob-Liestessat H. Digby to be lieutenant,
with seniority of the 16th Suss, 1865.

CHATHAM, SIP?. G.
The chief constructor of the navy, Mr. Z. J.
Reed, paid an official visit to the dockyard this morning, for
the purpose of inspecting she made in the urethrae-
tion and fitting at the irons vessels now preparing for sea
at this establishment Prior to his inspection of the camels
Mr. Reed was occupied in the transaction of official business
at the office of Mr. Thurston. the prineipel muter
shipbuilder. at the termination of which he visited the
irooolad frigate Bellerophon. 16, 1,000 horsepower, Co
which all the available bands not required on the other
vessels are new employed. During his visit Mr. Reed was
occupied some time in the inspectica of the shot-proof
recoancitering tower mow In course of 'region on the upper
desk, the mere exposed portion of the sides of which are
plated with 8-loth, and the other parte with 6-inch armour
plates. The heeds sow employed oa the tower ere working
until tee o'clock each Gensler. Mr. Reed also visited the
Lord 'Ward's, 24, 1,000 home-power, boarded Imite,
fitting for ma I. the adjoining deck. Only a portion of her
armourplatiog hes hew bolted to her mdse. sad the
remainder is now Wag fixed, the whole of her ~4-inch wed
44-inch plates laving bees neared from Meson. John
Brows O's weeka Rhedield, where they have been

GREAT WESTERN RAILWAY.—(THIS DAY.) :
This day the half-yearly general meeting of ahem- In
holders was held at the Paddington Terminus ; Mr. et
Ponca is the chair. IS
The report, which has already been published, having 86
been tam am read,
The CHAIRMAN, in proposing its adoption, said it IS
was with regret that they could not propose to O.
divide more than 2 per cent. for the hot half.
M.
year. The increase of revenue was 47,0001. on 47
sew miles, which wen less than had been actioipated.
With regard to the expenditure the item of cost for main. OR
Weenies of way was pretty much the same as last year, St.
viz., 154,0001., which he admitted to bs high. It was so N
from two muses, list because it was more expensive to
maintain the mixed Range, of which they had 220 miles, N.
than either the broad or the narrow gauge ; and, secondly, to
bemuse they kept the permanent way of the Great to
Western always in • state of great efficiency ; lee
and never was it in • more efficient state W.J
than at presest. The expenditure for locomotives at
was the same as that of last half-year, via, 195,4371. On M.
this item he did not anticipate either much reduction or /S,
increase. There was a considerable iDGUISOO is the two N.
remaining heads of expeoditum -traffic and other expen. M,
diture. The increase on the traffio expenditure was 32,393/., OS.
end on other expenses, 18,0001. The unfortunateaccideot at rs.
Radnor, on the Cheater and Shrewsbury line, would cost es.
them between 30,0001. and 40.0001., to meet which they N.
had put by this half year 12,600/. The directors greatly de.
plored the accident, but ha trusted that a 'huller calamity SS
would not occur for along time again. The Chairman referred "
Mother soorciroof espinditnre, and mentiooed amend breach 2
lines, the receipt. from which afforded little or no profit to N.
the company. The item of law and parliamentary is
expenditure was over 10,0001., but this item was in a ea
more eatidathory position than ever be had known it to be *
before. The chairman next referred to the construction of 110.
works at Oxford, and entered intoa full amount of the rm. kit
soma whichlioduried the directors to fix on Oxford as the oleos
for erecting their work.. The directors had at first thought es
of Swindon, Dideot, and Reading, but they abandoned those 24
places for as. ream or another. At length they were 15
waited on by parties from Oxford, ansaapt whom was a 41„
professor of one of the colleges, and it was at their sup
✓atios, as well as from a comideratios of ita other ad.
victims that they finally fixed on Oxford. He did
not think that the introduction of some two or three hundred
skilled workmen into that town could be so very =Maim. th
able. The chairman next alluded to the expense the company
wasp= to by baying to resist competing schemes before par- e•
liament, and said he considered it unfair, too, after the ex-
RUM* which the existing compimiss had been put to during
the last thirty years that the principle of unlimited coin- 14 1
petition should now be met up.
The motion haying been semoded, a short discussion •
ensued, and had not terminated when we went to press. IN
If

WARE LISII4-(71118 DAY.)

Two dOwas.

The railway market Is rather dull to-day. Great
Eastern stock his receded per cent. ; South
Eastern, 1 ; and Great Western and Londoir
North Western 1. Metropolitan is excep-
tionally firm, and has improved per cont.
London and North Western stock is now
quoted 1244 to 1, ex div. ; Great Western, 661
to 671 ; Midland, 1284 to I, ex div.; Lancashire
and Yorkshire, 1211 to 122, ex div. ; South
Eastern, 81 to ; Metropolitan, 1381 to 1394, ex div.;
Great Northern, 132 to 134 ex div. ; ditto A,
1601 to 15916 div. ; London and South
Western, to 971, ex div. ; Great Eastern, 47
ti
to 1 ; and Caledoman, 1341 to 1351.
Great Western of Canada and Dutch-Rhenish
Railway shares are inquired for, while Great Luxem-
bourg exhibit a downward tendency. Indian bees
are quiet

lobo lode
to 1 pm.