The Express.
London, England, 1851-08-18 00:00:00

LOCAL SHARE MARKETS.

Livattroot, Aco. 16.-The market continues in a de-
preesed state, with little t1414136MA donor. The transactions are - Bit-
tentind, Lynes:shire, and Cbe-biro lire Chester and /irked:void),
151-Fast laricaslstre, 13; --Leneadpre and York-hire, 474
thin and Noah Western, IS-4--Lheto (new 1 shares), 34 p.-Mkt.
land. t 94 141;I. South Eastern toot Dover, 211 4 I.
LEEDS, Aco. 16.-We have still to report an exceed-
ingly dot and falling market To-day very little has been dune. 'I be
• closing silos were : York end North Miami., 17 ; Eau Lancashire',
134: North Western-. Id din.
MA NCH PATER, At 16.-Prices were again rather lower,
end there woos heavy muter.. East Lancashire, 13 3.1 n; Leeds,
47" I ; London and North Western (new guar.), 3 24 par; Shenk:A,
I 2ti ; South Easter., 21s.
BIRMINGHAM, Avn.l6.-This market was heavy to-day,
and prisx s generally lower. The statement made by Mr. Glen at the
London and North Western meeting is regarded here with anything
but satistectitn, and the intimation of the turning struggle silk the
Great Western for the London Manic is not altely to raise the hopes
of shareholders. l'he amount of money useleady expended in tilt
dism.ct by the two great coo panics in tharreeeful to all concerned; tt
will suet the Great Western Company sow thing like a million met.
line to yet through this town, yet to months scarcely any attempt
has been made to expedite the works in ord. r that the line may fe-
mme to some estent remunerative to the proprietors. The policy of
the L 0124011 and Nortn Western Company seems to be equally injudls
slum; fur a couple of year., at least, the Stour Valley line has been
4. pt unopened, tor the purpose of starving into submission the unfor-
tunate little Shrewsbury arid Birmingham, which has but nineteen
miles of indepemlent :the. But lon the fast and lose game played by
officials, the North Western might have pose wed ins If of Um rail.
way years nine, thereby putting an eral to all chance of an absurd
contest in that their/.t at least-a contest wkiet benefits nobody, and
keeps the sluewsbury and /Immingham proprietors out of a shilling
in the shape of dividend. Mr. Glyn in his speech depot sited ruinous
compedtko, though with strange meow isleney hie own company is
running a couplets' rupees, trains from hers to Shearabury daily, silty
miles, drat el as, for our shillings, through a district miserably un-
produetive in the way of tragic of any kind; and work still-wens
than the Great Northern and Midland tOOtelit at Leeds-the London
and North Western Company convry passengers daily from Wellington
to Shrewsbury, ten entice, for one penny. Unless parliament inter-
feres, the rrilway contest in title district bids fair to be the ruin of the
two sweat companies. It is nut merely on the Chester and Liverpool
side that the London mad North Western Company is to be assailed fat
least such is the rumour) : the North Staffordshire Company, diatom-
JAW with the mode in which agreements arc carried out, are threat-
ening to make an outlet for themselves, Intl so to open up the natural
mot direct route to Manchester which their owd line Offers. With
sech a struggle threatening, and with each tack patent to everybody
who takes the trouble to make himself acquainted with them, it is not
to he wondered at the value of Mes ar grodual:y decline, and that the
public bane little confidence in railway property.
BRISTOL, Aco. 16.-Our market was dull to-day, but
not mutt, more no perhaps than Is usually the case on Saturday',
In the one or two lake eceoludol, prices were without alk-ration.

NORTH BRITISH RAILWAY.—The reports to bo
submitted to the meeting at Edinburgh on the 21st instant
have just appeared. The revenue account gives the total
half-year's receipts at 93,271/. 4s. 9d., and expenditure at
73,4151. 2s. 6d., leaving a free revenue of 19,8.561. 2s. 3d.
Of this sum, 17,7131. 18s. is required for the dividend on the
guaranteed stuck, and there then remains a small balance
of 2,1401. 4s. 3d. to be carried to the credit of the next half
year's account. The capital account shows the total receipts
up to 31st July to amount to 4,386,3881.25. 10d. including,
ordinary stock, 2,573,3331.6 s Bd., preference stock, 599,090,
loans, 8.56,862'. 11s. Bd., and a sum of 336,1311. ss. Id. due
to bankers and others. The expenditure to the same period
has amounted to 4,274,76.51. IN. 2d., and there still remain
arrears of calls 101,4681. 155., and balance of bond on Hal-
heath railway (exclusive of interest), 10,1531.85. Bd. As
with the exception of the works authorised by the new bill
there is now very little to be done on the line, the capital
account may be said to be almost closed. Since the last
meeting the bill for enlarging the Edinburgh station has
passed the legislature, and it will be for the shareholders to
consider how the required sum shall be raised, but beyond
this and the consideration of the report there is little busi-
ness to be transacted.

GREAT NORTHERN RAILWAY. —This company
hare, it is said, purchased the great clock that regulated the
time at the Crystal Palace, with the intention of placing it
in the tower of their station, when completed, at King's
Crass