The Express.
London, England, 1851-06-02 00:00:00

SMITHFIELD MARKED.-THIS DAY.

The supply of Sc.ists is not so large; there is a cheerful
trade fur tium, and in a few instauccs 34. 84. has been
realised, but this is too much to quote for average of best
qualities. The number of Sheep is large, and trade dull ;
consequently' lower prices are submitted to, yet u clearance
is effected. Lambs are more in demand, but it is difficult
to advance prices. From (jemmy and Holland there are
203 Beasts, 1020 Sheep, 208 Calves; Scotland, 200 ;
Norton( and Suffetk, 2,200 Lasts; and 40 l'igs from
France.

Per I.ono of 811, ti d. e. .1. Per gone of Vt.. d. • a.
Best 11.nior.1 3 4 3 4 H. 4 11$4, Si. 0 0 0 0
Short 3 2 3 4 i 3 4 3 4
de....41.4.4ity 13.644 4 30 ' Do. olu. Shona 0 0
CAl‘es
I 3 .3

I' . dp, S'~ ru.

o 5 i 4

it.7i 1)67i I i 301 .. 6
Beasta at maract. 3.184 ; Shaw awl Lambs. 33.640 ; Cabot. 334;
Pip. 480.

BOROUGH MARKET.-THIS DM.

Messrs. l'atteuilen and Smith report that the market
for Hops this morning is in an excited state, in consequence
of a rapid increase of By throughout the plantations.

ST. ANDnew's AND QUEBEC RAILWAY.—On Sa-
turday the first annual meeting of this company took place
at the King's Arms Hotel, Bridge-street, Westminster;
Mr. Featherstone in the chair. The Secretary read a re-
port, of which we iris e the following abstract: The direc-
tors were happy to state that consideruble progress had
been made in the affairs of the company during the year.
The act of ineorpordien obtained, with the approval of the
company in New Brunswick, from the guvernmeut was
very advantageous to the claw A shareholders. They were
by it absolved from any liability beyond the amount of
their shares. The whole expense of the act, which did not
exceed 600 f., hat been paid by the company in New Bruns-
wick. A deed of grant had been obtained, which secured a
moiety of the crown lands comprehended in the grunt of
tho colonial government; also a moiety of any future grant
by them, with a stipulation that the directors should
have the option of selecting such moiety as they might
deem most desirable fur the class A shareholders.
A deed of arrangement had, moreover, been entered into by
the directors sind the local board, by which all lands, goods,
income, &c., of the company should first be applied in pay-
ment of a dividend of 6 per cent. to the class A shareholders
in the subscribed capital until the opening of the road to
Woodstock, and afterwards of a perpetual fixed dividend of
7 per cent., and of an equal division of the further profits
that might accrue after class B shareholders should also
have received a similar dividend of 7 per cent. The colo-
nial government had recently subscribed for 2,500 clam B
shares, amounting to 60,000/. A bill had been introduced
into the House of Assembly in New Brunswick for doubling
the grant of land on each side of the railway. That por-
tion of the 10,000 acres of laud received as a bonus which
Mr. Archibald Sharpe had returned to the company was
being sold at 1!. an acre, and it was hoped that
a valuable colony would soon spring up there. The con-
struction of the hne, as far as circumstances would admit,
had been proceeded se' of
railway had '
the works on

!ably be *bond
the summer.

receipts from ,
March, 18.51, an
ditnre to 21,746/.

The report was
rod auditors were

special for the
the directors to

present aes4on
divide the shares

reprcnnt the
such shares.

thaw* weed

seeded with satisfactorily. About 10 miles of
been completed—the most expensive part of
the Line. To expedite the works it would pro-
al necessary to make one or tw' • uring
The statement of . • • • ‘ ...;) i.
1 the commencement o L • ' : 31...' -44.
amounted to 23,7521. 1' ,A,:.. ... ,• ...,
461.1.55. 6d., leaving a . '''r :
.., • il!
vas unanimously adopteit. L, '', •• ' ..
were re-elected. The nes • •, • A• •
o purpose of adopting a , - a • '
to take all necessary s . ,• • , • •s! _
on of pArliament, auth =
t 4b,
tin
arcs
„.a of the
and
polo, yutiu ilcsi.,
... _
omit.
or.
A resolution to this effect .1": . • ....... . •
eett to, the badness termini ..