The Express.
London, England, 1847-09-02 00:00:00

RAILWAY NEWS.

Yesterday we had an unsatisfactory market in
shares. The uneasiness apparent on the Stock Ex-
change among the dealers is the funds caused a more
than proportionate depression in the share market,
which hes become of late more than ever susceptible
of any adverse change in stock or money values.

SHARE LIST.—LONDON, SEPT. I.
If of n—The quotations of Line.; In Homan &meter. denote Aetna]
trallaladaula . thus° of Lines In Italia onion' prices.

....lA.& reorilil 01d.
...andady..tliderainel
Manchester d, Leo* 1315 p.
Do. tstr"s share ..........1116Vip.
Do. Do.
leenthi;
Do. Thirds ifter.l 1 114 hl.
Do.Liocrid..l:lla
Do. jr.aaleffisd.S. ,Id. par
7/aneb.,ll4l24.,LMat.gd.
Manch. &Sanaa**. li ld.
i Midland LIS 174
DoDo. Lit. duns 4 t ..:
601.
I Do. Birns..t llerby kV la
I DoC.Hrleklkhes.C.l2:24
Mid.(d. West. iirirAn
NenceNontle 6 Bennet 161 0
G... North Aid*
I NewnokChesterf
North British
IDo. tslian, . II 144
Do. shares ln
Do. Zeblision ... pew jp
I Norfolk . ... . . lOlO9.
Do. New, 204. 1 2 e d
Do. Ettension ... k pne
Do.fellN7NqlNort par
Do. do. Wooeneye., UPI.
N. Comps Unlon 14
Northern d Eastern,62 64
I Do. isliares 1114 144
Do. New . .. .. ft*
4 North Staffordieldre O4
i North Wales ,6e MO.
North Weetern 1
I 0.r,/d.. Wore.d. Wolo ,10i
Prrston and Wprt 3%374
Do. +shams ....A:36 41P.
IDo. do . . .111 Ip.
lloadg.,(idlid.Siete. 4
,Noystonond Ilitchin.par iti.
Moottleh Central 274
4,Bcollish Midland I
Do. N'ew .... i
Mart. Roth. & Guoir2 ld.
4 Shrew. it 111.. claw A!1
I Do. do. Class 8... ~11 lid.
Union.. .11
goTater. II ... ll5 Ild.
1 South Statiordohlre. lid.
ISouth lEalitenzaDorrP3M
D0.N.1i5r.32.1.1N0.1 Id. par
Do. N.. 2 3 Id.
Do. N. Ido. 301.1 3 3rd.
4 Do. N. ido. 101.1 4 M
Smith Malec . s4
S.York.Donaiilloolell 0i
Taw Vale E.rfension 1 i yid.
i Waterford d. Kilhen.'9 TtL
i West Riding Union- td.
West Cornwall - I
Wlltn.n.. to., hW011.2 121
i Win. nliis.d.S. lUstral
York end Neocastle.36
Do. Eatnadon ;IM tf
Do. Prefereme 1111 I
YorkkNorthliiiikane77 6
Do. F:sienekm, 'l3l4p.
1)o. Prefenaico 11.14
D0.L114.1114.3111244 4 i
town RAILIVI.TI.I
0.n.0./ Fr.ior.d Peel •
lit.= t N l'i=s i Pill+
Initen itheDewrrara nhili i
I Mast Indian ... .... j .pm
,Looe tin la nanstre Si led.
Nb"anlinrd'ai ...
14 I
Northern of France 1 .114
Orin,' d•Borekonr 4 lid.
Paris ,tO,l Lams. Md.
Paris 4nd firtraier 4 41)
Paris and Itouen 361
Pane and litrarberrg 3
Rouen and dans— fit
hen and Meuse Si
Town and Name . 6 Md.
I Trinidad . ,
I Weal Pland;44 ..
koj 4d.

PAID. PAID.
40 lADeretten Tre
I Dlrm.WoLt B.Valley 8
la d.• Oxford JR. 7p. r
Dirk.Lan.d.C7.J.nae.l
bontoo,Moso.kilirs. Ip.
tt Arlite4 and E.roter. .11d. Ip.
Do. Tho.do ld. Ip.
Budrlnihmuthir.... •• I •
I Caledonian ...
}! Do. 1 alum, .
Chester I I olystad.
.554
1. 16 I
on.,
D 1 '

il.d

—MANCHESTER AND LEEDS. —IIW-yearly
Merring—N•Detiester, Sept. I.—Mr. liouldmierth in the chair.—The
report stoned that the receipts during the Mat hell-year, on the ori-
ginal Ilesahesarr and Leeds Line and Berri.,the Maricheater and
Boggs Use, end the eampany's proportion d the North Union end
Preston end Wyre Lln mom len ta~• Meth of about 121(
Wks. Iwo been 211,711111.; &owing an iroo me the tZseowi
the awes Ma In the oorning kn-yesz 14146, el ef.
Agalmat tote, however, met be Owed a moldonkk
act Y wading the tt.tb. win m Iho ERN.
••••••••••dms to Or pawn wow Mined try
Pew the stolomat (Na 2) of wigs owl moms IS Imes NI.
mat, ea the Ilainalobwand Leads Ilno yam, the ant Inism, agar
deducting workine eigenookreds., rod tar, woo 96,3622. ; which,
with the surplus Nellie= Oa Domober rune (41,1211.) left ap-
plicable to the tamest at Prat and L 57,8871. Out at
thin sum the directors relemeendel a MIMI of cent. for the
h.df.year on the cogitating's to dividend.
In addition to the foraging iCrniuMrgisitssost, there was pay-
able out of remark Sb the pregrioton of the Monelseeter
and Hellcat, North Udon, and PM= god Wyre nem. coso 7L
Mashie and dismal& woolg hanoseog to • mokterable
extent a guareetee Mot no inamoi mid be Imported agree the in-
come of the pant someig by say isieksey which the directors
000ld anticipates milt dranwolosseg front the
menu al the tomogy In Ike MOM giondsn. and that, ntatfng
doe MEMNON be the aloto of Ike Meg Mr MEM on the Mei was
satiskengy. The 111111IMIlalveltg fiellesery swami d the rwelpts
um the mug lime Mkt the lai two_ yo sir nonsioned
la pummaillotbee= of go log err doe to
two albrad dromotoom of bode, com-
b the gate of ISA hot anw deellwel. it WM
hoped. gragsslyto Immo. wed the redraw la Moo wed fora im-
plied by Os min of lON. PM data, Waited on
they new we by dr waits of the larger MOMmides waid, It was
hoped, Wm pelmet and the government to aboula (tent all fur-
ther inlorderowo Mk Ike elements of regimenting WI aperienee
elwald have doom bow lir further liberality to the polite is mats-
with to..tice to meow propeletare. By the commememeet of
the west (tiding links versed the providing of weekkg Mak A.
the sew projects, the monikore of the united rays ils le the
current six month woo .paid/ to /shearerogr2s6ool. month ;
but, looking to the promo In tie NY mond
aspect of the Meg therikeohnieb soiregaCk—arin math of May
last, cane to the midi lo yoWase the inenthly °Mg_ ny
one-third. La • doidift IBM lalloved Imo only Moo-
tog the dictates of inglbard sight look with eringiniee
for the general .sae
b 1 the aharebolders. It is tnie
their expenditure has o Lamed A. Inwood limb. Mot
the average of the sin EMMY SEPLImpe mil he within it. The OW
ham F.:tension Line to 111=711 he Obi leg ampieted,uey
he expected to be seethe The Rimed Extended°
Bury, and the W=l gel Osolo ling gill be mewl early Is tont
spring ; and should thirst of the ant Magoon Mob
connects the ,tskern meal with Danowley Bo the
Astern branch will be wooed at the santer=rbaserlenronli at
saremeg gie Liverpool led Bury line to ty
osessgsgs, Y Liverpooloo me to meows IiboONIIMIMO of OD dented •
Mks at the earliest poled, and to eltelele len whkh
mot offsimiss be Marred far at the
horingh gig Mtlon. hoe biased thitirirrors In lin far
I=s Mania Mork% The length will he sleetturirgrO yards;
A. ntwo be defrayed by the East
The mond skim of Ws Lancashno and T
owed leo vie nor shoat MX mike. illepemellm
mein Ye err will' Imes were obtained fa Ike ognimed
sad 1012 Ike diralere ogneelved it to be their duty lbe
ranlkoe to cedery in lean
Virmentasaymeliet; and th,t a af
.211.111sply ennigloomigrairkoworingas alimd"ne saidonsis "dbie'sely stitalstlow at lbepwlagilkogge.
immigaiip.isamsigaing tee mem groir disponi get
.„.b prim of go linge prowlso le heleash.:
tot. no mpg, yes ~wee le dee
or capital let Ile am lbeemeeelleaselmt mkey,
diaie melba eteeillioni dem ftelelleis veil le aloft'

to the meettsg, anthorisir.g the exercise of the subset ibing and bor-
rowing powers vested in the ctaniutoy by the acts of last ninon, and
the adoption by the company, as propeieturs of the Manchester,
Bolton, and Bury Canal, of the powers and ;weenie:ens of the
Canal Comps'les Acts of I a .3 11%1 regulates the periodical rots-
: lion is ofßce of the directors, 'and the quorum at thew meetings.—
' The Chairman recapitulated and enlarged on the priucipal pante
contained in the report, re dtre alluding to the distvrbing force
• which the present relived idle Meellormie ern the monetary con-
dition of the country, tlmb, 111 impred his belief was much lees
then wee granny bellevoe—ideg, bite neerly limited to • bread
and cheese questia, and tO the iliteme d seamy scut out of the
errantry Le inching for dap roil*** matey did not pro.
duce—he to show, that though in staking the present
dividend they had dipped deeply Into the none Ued of the com-
pany, there was reason to hope that with the impreeement of trade
• which might be expected with the new honed, do wedge of the
next half-Tem would, to tome extent. Wog amo but agile. lie
contended that by commuting the orient Meg their revenue
with that which resulted from a thither portal of depression in 1841,
and looking at the great and rapin Ineramoof avenue which followed,
this company had reason, notwithatamllng tbe avocet felling off in
revenue, for eatiefection and hope Is dr Maze. In fact, had the
company been allowed to take the rams and fares which they did two
years ago, their nweipla would hare has Increased by 50,0001.; eo that
their present falling off in receipts, was sot attributatile to decrease of
work on the line, but to the perpetual interferences of parliament to
cot down their sources of remuneration, a state of things which he
hoped would protect them from any further encroachments of the
kind. He alluded to some letters which had appeared in a rail-
way paper, stating that the directors were immensely to
attar with their calla, and complaining of extensive salaries.
He acknowledged that several director were in attar, but they were
large holders in the company, and • large propevion of thew arenas,
though not so great by 50 per cent. no rated, would be paid out of
the present dividends. In the meantime, le assured the shareholders
that their interests could not suffer by this fact, inasmuch on they
were charged interest upon the arrears, and dealt with just as the
humblest holder of stork in the company.—Me. Bruce, of
complained of mammary delay be the opening of the Liverpool
Bury line, and Mr. G. Hadfield, solicitor, followed on the rams aids,
contending that the deny was intentional, and one the direcars had an
interat in, though the company would make a million of money by their
bargain in purettuithat line, when it should come to be opened.—
The Chairman repli that if Mr. Hadfield was sincere in al:eying they
should make so muc money by the line, he could not be sincere in
'eying they were purposely delaying such a profitable work.—Mr.
Hadfield proposed, a an amendment, that the report be referred bath
to the directions far re.comideration, on the ground that they had no
right to make a dividend entrenching upon the reserve fund. Mr.
Br uce seconded it, bat on a chow of hands the amendment was negs- •
tired, and the report adopted by a majority of about 150 to 7.
The resolutions, a. to dividend end carrying out the other recom.
=nation. of the report, were afterwards put end carried Co.. con.
The meeting Iwied nearly three hour..
lintsrot. AND ElRTER.—Halfiyearly Meeting .—Bristol,
Sept. I.—Mr. J. W. Buller in the chair.—The report, reed by the me-
crelary, announced that the amount of rent and share oftoll anted
by the Great Western Railway Company to be due to the company for
the half-year ending 13th of June last was as follows, rio,: —hued
rent of the line front Bristol to Exeter from December 14th, 11516, to
the 13th °flew, 1147, at 71,0571. a-year, 35,9781. 10. ; share of toll
oa 274,0064 passengers, conveyed 8,493,549; miles, at 4d. per mile,
6,11471. ea. Ild. ; ditto on merchthdiar, t 3,599 tone, 4 cwt. 3 qr.. 4 lbs.,
equal lo 1 ton conveyed 2,522,0149 miles. at id. per wile, 26171 3e. 6d.
—11,4741. 12s. 3d. • total, 47,4531. 2s. 3d.; whlch showed an increase
of 6891. 16s. 10.1. over the oorreepeading bait of the year le 16, arising
from an increase of 15,192 pasengere, and 12,4212 tone of geode. The
diet:sable balance of the revenue account, including the maples of
2,035 f. 15e. sd. on the former half-year, was 26,219/. 9s. 10., which
enabled the directors to declare the same dividend of If. 13e. Od. per
Brut shares in the let half-year. free of income toe. This dividend
was equal to 4.1 per cat on the 75f. paid up; and left a !surplus of
9061. Ithe. 10. to be carried to the credit of the next half-year. The
interest on third shares to the 30th of June net, as well as the Interest
on anticipation, of cattalo the mime date, would be remitted at the same
time. The bill for aline from Cred don to Launceston ...lost on standing
orders, and the branch from Launceston to Liekeard wu rejected by
the committee on the Dill; but the preambles of the bilis for branches
from Malden to Wets, Street, and Glastonbury, and from the neigh-
bourhood of ISunton to Castle eery, had been proved in the commit-
tee of the Roue of Commons, and these bill, would be proceeded with
in the next session. The branch to Clevedon wee opened ten the 20th
of July. The Great Western Compiny had agreed to work there four
Lin daring the remainder of the lease, on equitable to rms. 'The
mein an the 'fiver ton branch had been delayed by the difficulty of
=Ma any reasonable arrangement with the Grand Western Canal
Oseigooy. Nearly six tnikeof the Yeovil branch were in active pro-
gram. mad the whole distance from Yeovil to Denton might be easily
cloaphied before the expiry of the knee, in 1149. The directors had
ante & into a provisional agreement for purchatag the Glastonbury
Gies), a resolution would be submitted empowering then, to
the transactioe, smith procure perliarnentary authority. The
massibliaid up on 4,000 whole and 4,000 halt shares were 160,0004.
and . exeltuively of the call for 93,000/. on the latter, due 31st
Wt. statement of receipts and eseenditua to June 30 het show& a
balms of 41,1:61, aid. Ia bird. bet the remakPlet of Puha-
swangri deposits hewing been solmogedity recovered, the amount
was w 89,7511. ea. ed.—The Memos, to mooing the adoption of
the report, said is sad eversedillo Ora an the Increase on the
tool seistved for mil wads—lso drier the past a nom-
road old the readptx of dr prewbag ballier; that increase
ernomesd M Ite per sent. Tido idea Wed he readout as evidence
of the eleselly per
sive locum of Spit ma dleast solo la
hoed aelmedinnoe of the end onessmedog oad secure.
dad do lenthelf-yeai ly weird disemploy- bad isms, In •
eevandmiespeuive pardorrey•dorre art akbeeslithey Wirt
their Ms he leaking rims trim MAW le larordor. sod tem
Lammed& to lAdcard, yet the rank cm tho is
sus mat to
cessfdord t• le atessded by otooduseet art Ismellohl to
tits ocoageog. m• amino= expre.sd the datumamtles of the
dimities es gersowdesty apply thentealms b theitirldsh yr dolled
duty of meow anmeanks,—the development el the lad balk. •
be bed tem nearly opened tram Clewed= be the sada at
Ya m. sad sirs* It hid only been opened ter a mood • largo
Maud of ands had been brought upon the line. In the
month preceding the opening the number of iPa=t booked at Clevedon win 3,000,, in the month race the openh
ineramed to 8,000, being 8,000 mom. Ills belief weo that the opening
of the Castle Corp and other brirees wwY pyre idike beneficial to
their line. The report was lommtmently sigaid, empowering them
to make and de ardrarr rimpas vasisessary to protect
the interests dthee=y; sp.= esdralag the purchaee
of the user sod Orr; drarots to create
Burt now dorm NW le err alb ram vlrseer •••••••zy tor pro-
viding lie dr permit§ t• Omura owl Orr Dews oompanien
sad Mr Orr lards: We pmeare.—atr. Mania saladded a en so-
lution impeding • permanent Ism to, or riedpratra with, the
Great Western Company, odd* after some discuallon, we with-
drawn.

CALREtoNtAN.—lfeelf. yearly Meeting.—Edinburgh, Aug.
81.—M r. J. J. Hope Joonstone, of Annandale, in the chair. —The
directors' report stated that the opening of the line from Carlisle to
Bautock.bridge might be said to have been realised. Sansfectory
arrangements had been made for forwarding, by well.appointed fast
coaches, all through, passenger, who proceeding nerthwarda either
to Edinburgh or Glasgow shall arrive at !buttock. After
detailing their parliamentary campagn, the directors gave
notice that it Is their intention to make a final call of 101. per
share upon the Md. shams, payable on the at of October next, to en-
able them to arrange fully and satisfactorily for the completing and
opening of the line. It hi also their intention to call up 11. Ss. upon
the half or 251. shares, tote made payable on the 14th of October,
to execute some indapeneable works to which those shares are
applicable. With respect to Mr. Bridges' notice of motion,
on the subject of Sunday trains, the directors bad consi-
dered that the fairest method of dieposing of this question :which has
attracted mock public attention) would be, by affording to all the
shareholders of the company the means of recording their roles In re-
fereece to it. Prostes have therefore born forwarded to every share-
holder, and their rep.% which will appear on the scrutiny following
Mr. Bridges' motion, will, it is hoped, tea more decisive indication
of the course which should be adopted than if the directors
had taken It u[ them to recommend any particular line
to the rharebolders. The works were proceeding favourably.—
The Chairman, in moving the adoption of the report, said, he thought
It would be evident to every gentleman who attended to the subject,
and took a single glance at the nature of the country through winch
the line parsed, that the scheme, promoted last session bore m a most
Important manner upon the success of the undertaking, Lnaanueti ae
they opened up the great mineral fields of Scotland, and sevured to
the company a vast amount of traffic which would flow from that
source. So alive were the other existing companies to the
advantages which these HMV held forth. that there was scarcely one
of them which war not competed for most strenuously in parliament.
He might also congratulate them on the state of the worts. He
imagined that there war scarcely a parallel In railway history to the
rapidity with which this great undertakinghad been carried on. They
would remember It being Mated, that from two years from the
period when their operations firat hr gun, the works would
be completed, and ready for traffic. bow, as far as the
directors saw, and as far as they could learn from the statement of
their engineers, they had every reason to believe that what had been
premised would be fully carried out. No doubt be wee aware
that the peening forward of this object had been attended
with some trouble and Inconvenience ; but the meeting
would remember, that when they commenced these works
they determined to prosecute them with energy. Impressed
however, with a deep same of the difficulties which Jur-
' round great works of every kind like the present, it would be the
study of the director% in reference to the new undertakings, to urge
forward only those which were indispensable to the main line. Some
of theese they could not permit to lie over, being part and parcel of the
main line; and therefore they were obliged to nuke a call on the new
shares to cover particular descriptions of work —mach, for instals., as
the station on the south ride of Glasgow, to which these Quires were
applicable. In justice both to the old slim eholders, and as a matter
or propriety and necessity, therefore, we make this cali—Mr. Fox
Mettle, M. In seconding the motion, raid, he hoped that they might
almost now congratulate themaelves that they had pawed through
the greateet portion of the warfare, and that they might now turn
their attention to the cultivation of the arts of peace in improving
their condition. They had sueeesefully resisted—not by aide-winds,
or by underhand tranaactione, but by open and honour-
able oppoeition—thole attempt. which were made to injure
their interests, and to invade their right.. They maintained, he be-
lieved, ee high a character with the public and [Le Ligurian:al world
as Mg ecumenial undertaking of the kind e did Illeever would
de; and he trusted that it would always be eddearlour by fair,
bonen, and open dealing—by adhering rigidly to the etigugements
which they made, whether they received the beet ed stamp
paper or whether they did not—to maintain that chanc-
tee ; and they might rely upon it that It would be one of
their best gupports in motoring the confidence and favour of the
public. Ile their parliamentary proceedings they bad been suoressful
not only in carrying their own bills, but in defending their own in-
terest.; sad. was happy to think that they had arrived at that poei-
Hon, when, Wand of being, as is usual at this meson of the
year, threatened with inroads, leading them to look doubtingly
to the future, they were now in • position when other. were
approaching them, deprecating their putting forward their
strength; and in another direction there were others seekiinegg to form
with them those alliances of peace which. aways their
right., it would be their duty to cultivate with their neighbour.. The
report was adopted. —sir Andrew Agnew then raid that, at the re-
quest of Mr. Bridges, be had now to propose the motion of which that
gentleman had given notice at last meeting, that no trains be run on
the line on the Sunday. The bon. baronet haring been heard at some
length, MI motion was lost by a mejority of 6,425 to 2,874 rotas
SCOTTISH CENTRAL. lief-yearly Meeting. Perth,
August So.—The Marquis of Bresdilbane in the chair.—The chair-
man, in giving his reason for resuming, at the invitation of the
directors, the post he had resigned, said, Hitt in the management of
the concerns of that undertaking there was one point on which he
begged to express his forcible opinion, that in all such ear s there
mien be an unity of feeling between the management and the dime-
holders; for, unless that unity of feeling existed, the beet interest of
the undertaking must suffer, and to promote that unity of feeling I
every due measure should be taken ; but he should *et his face aguinst
all undue measures, such WI endeavours to Influence voters, or to
make votes—a proceeding which he held to be contrary to potted prin..
dole. of good management. In the conduct of the management of
that undertaking, whilst he should hold the honourable situation of
chairman of the directors, however aerially be might be to obtain the
adoption of a particular coma., he would only do mby fan and proper
means.—he report, read by the secretary, stated that, taking into ac-
count the unavoidable delay which had occurredinobtathingioneeession
of the lands In many in the progrese of the line had been unusually
rapid, and that there were now 4,000 men and 100 horses employed
on it. The panting of the line under the Forth and Clyde Canal had
been a work of difficulty, out the aqueduct had been completed the
Lail:eft viaduct was ado completed. Of the tunnel near Perth, 190
yards out of 1,110 yards of the work had been finished, and there were
only no yards required to complete an opening through the whole
length. The line would be ready for miming in the spring of next '
year, but a certain portion of It between Castecary and Stirling might
be opened in Decent."' tf the sharehoklens thought it desirable. Au-
thority had been given at the last half-yearly meeting to borrow such
amount of money under the powers of the net as they might deem de.
arable, and the directors had hoped to have been able by that means
to threw.* with the necessity of a call; but the extreme pnweure
which had existed in the money-market had been unfavourable foe the
obtaining of loans, and not much mote I hart 100,0501. had been bor.
rowed ; it became therefore Indispensable that a Math call ahould be
made, which the d irectors were gLall to say had been well paid up. With
U.Vthe revered shares, a fund had been accumulating from the
t to
them, but an axount had been deferral until the whole had
been deposedof; and a favourable opportunity having offered of
tbem at • high premium, the mid., had been made available to
impose of the remainder, and from the pro:teals of the sale, a bona
of Ss, per share wow.] be paid on each share to ail proprieten on the
register on the Ist of October, 151. la compliance with the raiolu-

time passed at the extraordinary meeting of the 20tl, July And the fitte
M August, the directors had refrained from committing themselves
with any other company, and were taking means to oppose the inter-
dicts Waited by the southern companies, and to 05tain the
derision of the courts of law thereon. The rree is up se,
Slat July, 1847, had been 906,4631. 66 6d., and the expect
cilium 744,8711. 186 5d.; leaving • balance in hand of
161,591/. Be. Id. —The Chairman said there seemed to Ito clod deeded
work to be done on the line, but there were two objects t which he
thought they would all agree the attention of the directors Mould M
especially duetted, namely, to get on to the line, or par of the liner
mans as possible, and the other, to get out of the courts of
The report was unanimously adopted.
COLCHEnTER, STOUR VALLEY, SUDEURT, AND Ray.
sritAlL—Balf-yearla Marting.—Colchestar, Aug. 31.—The rmart
stated that the biLs for this company's lines to Clare, [Avenue. MI
Bury St Edmund's, had ssed successfully in partioment, as had me
bill (or leasing the line top the Ipswich and Bury Company,
the amounts allowed a balance of 19,175/. to 30th Jane, mnridt
had since been paid for land, he.. and this rendered it neormary that
the direetan should make another call in the autumn. The wary
were pogo ring favourably. The engineer', report stated that the
Hythe branch had Men opened for geode, and would refrain so Mil
the lints hem Sudbury to Halstead were completed. lie hoped OD
open the line nest autumn. There were 600 men employed on spp
watts, and Inc horses, and these would be augmented whoa the
barren closed. The report was adopteiL
WETile VALLEY.—HaIf-yearly Meeting.—Darlingtaa,
Aug. 31.—Mr. G. IL Wilkinson in the chain—The directers' report
stated that the fine had Wm completed and opened for general
traffic. The meeting wee the, made special, for the purpose of ma-
aidering Llzseelety of melamine, under the powers of an act of
the late the Tunnel, the Malmo Auckland :ton Wear,
dale, and the ear and Derwin Junetion lines. Herniations autho-
rising them remostive peireleses were put and earned umnimmely.
The dime= eneneesed Yet arrangements had been mode with the
Stockton end Orelbills• Ommemy to lease the amalgamated line for •
term of totenerme years to that ompany at •di ridend of six per
sat. pa mom The anted required for the purchase, he.,
pearel liesisimalmed undertakings by the Wear Valley comps',
amounted to 174,650)., and was to be misol by the none of 28,966
Mf. shams, to be divided amongst the proprietors at the rate of two
shares*, ereeTaridinal share, to be called up at the dise7et on of the
directors over • period of fire years; the proprietors of Filth Mares to
be allowed the thvidend of six per oent on the whole of the raid shares,
deducting fire per cent on the amount not mired up.
BELPABT AND COUNTY DOWN,—lialf- early 3freting.—
Belfast, Aug. 31.—Mr. John Harrison —The directors' re.
port stated that during the period which had elapsed since the last
report the attention of the directors had been chiefly occulted in the
purchase of land required for the line. In conederatlon of the din.
cultic whim the state of the timm necessarily entailed upon the
holders of railway shares, they had made only one call during that
period. The balance-meet to the 21st July showed the receipts to
have been 47,1921. 2e.; the expenditure, 21,5611. 10. 4d.; leaving
a balance of 23,6801. 7s, M.—The report me adopted.
MISCELLANEOUS NEWS.—ElteWeiitt VALLEY.—
This line, it to retorted, will be opened on Monday next. Goode and
pas 'engem have been coareyed fur some time by the contractor',
engine, betwixt Codner Park and Long Exton. The railway has re-
ceived the marked approbation of the government inspector.
DIRECT NORTHERN.—The works of the Direct Northern,
whose terminus Le to be at Kinerseroes (the Fever Ilwriltal having
been purchased for that purpose), are proceeding with ex.raordinvy
rapidity. The greater part of the distance up to Barnet is nearly
staked out, the width of the ground taken pamenkin of being between
120 and 160 feet.

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