The Express.
London, England, 1849-01-03 00:00:00

THE LONDON DOCK&

Yesterday • hall-yearly general meeting of th•
proprietars of stork is this company was held at the Doak-
koase, Primes-street, Bank; John Catley, leg., in dm

tiL sir:

The Secretary read the report of the director& for the half.
yea:rending the 30th Dee. The number of loaded Adis which
entered the dock* from *broad during the Lot hall-pear '
was 983, and their tonnes*, 238,428 tons. In the oew
responding period of 1847, the numbers were 988, of
2f01792 tone • showing a decrease of be ships sad
28,388 Win. be only in proportion to that en
perienced at the other docka The earnings of the desks
during the 'is months ending the 30th of November last
were 234,3001.45. la.; and is the like period of 1847.
229;1441. do. 4d. The expenditure of the six months wee
132;9071. 11. 94.; mid in 18411, was 132,8711. 16.. bd. Them
amounts Maude the- income tea. The balance carried to
prof t and lose was 228,4341. 124. 94. ; out of which the
directors resonismaged that a dividend mlinald be paid of
2j per Gent. for the half year, requiring 90,9511. 12e. 44 , and
leaving 137,4221. de. es the balance in tsvour or the company.
There were 198,8624 11. 2d. of outstanding charges due to
die oempany on goods in the warehowins The stock of
gretkifa the warehenses on the 30th November last was
1 MUM r tens; and at the corresponding period of 2847,
1141110 tem No new works here been undertaken, the
winalbeaue of the company are well occupied, and the so-
commodation afforded continue, to give setiefaction.
Ike Crates* then observed that the dimanitioa
of tonnage did not affect the earnings in the degree that it
might appear to des UMW decrees* was to a great extent is
mean and provision skips from the United Stain and
Canada. There wee, indeed, nothing totes uneasy about on
that amount. Ceseidemble seconunodmion was required,
and the directors songratulated themeless that by their Im-
provements and finlargemsate they wee* enabled tenant' it.
It was probable irewever, that farther accommodation would
be needed. its wool trade required more warehouse
room, 80 per mat et that branch of business haveno been
dose at the Loader Docks. In was probable, therefore, that
• farther extension of the watehoumas would be made, an the
trade Rust be amend on in one plass, and the London
Docks seemed to be best adapted he the inhale. He (the
*lmitates) wosid sow more that the report be seceise.l, and
that a dividend of 2. per mot. be peed on the imenspeay's
stock for the bat year ending Dee. 31, and that the income
tax be paid by the company., .... -
Mr. Cunt would be gluttahave it more eap-lnity sat
whether the directors had ao intention et in:amain' the
warehouses and entericg inhunew works
The CILUJIMIAN said thief had. Pleas and estimates had
been codified from the company's surveya sad engineer, but
the cost woad not erased 20,0001. Not a smiling more
would be laid out than wan absolutely afteeseary. Some of
the warehouses would he raised.—The question of the
dividend, and adoption, of the repots having been
earned, the chairman announced akar the dividend
warrants would be ready on Tuesday the 9th January.
The ballot was thentaken In favour of Daniel
Meimmaliegen, Esq,„ as a member of the board of
dilution. A vote et thmks was gamed to the chairman,
depaynhairman, and directors. Kr. Colley returned thanks,
sad the meeting atiPmened.