The Express.
London, England, 1849-04-02 00:00:00

RAILWAY NEWS.

SATURDAY ETRITING.
The Midland directors have p.aust d in the appoint-
ment of a committee of inquiry into the affairs of that
company, thinking it fair to their chairman, Mr.
Hudson, that the report of the committee of
the York, Newcastle and Berwick Company
should be made public before a meeting of the share-
holders of the Midland Company should be called.
They have, however, been urged forward by a requi-
sit,ou from the prescribed number of shareholders, and
have called a special meeting of the shareholders for
the 19th proximo, to consider the propriety of ap-
pointing a committee of investigation into the affairs
of that company. This ercumstancei and the absence
of the report of the York, Newoasle, and Berwick
Committee, and of the Eastern Counties and South-
-1 Eastern committees of inquiry, however unavoidably
delayed, tend to keep the public in a state of uncer-
tainty with regard to the value of railway pro-
p in those lines, and any others to which
similar
doubts have atttaohed. In the case of
the Cheater and Holyhead Company, the adjourned
meeting of which was held yesterday, the very large
excess of the expenditure over the original and pre-
vious estimates of the eminent engineer of that line,
has tended to dishearten the holders of the earlier
issues of shares, and to depreciate their value in the
market.

RAILWAY MEETINGS.
WHITEHAVEN AND FURNESS.
_ _

- -
rol General Meetfng.—London, March 31.—The Earl
of LONBDALI is the chair.
This meeting was held for the purpose of authorisiog the
directors to raise a farther sum of money under their act of
parliament, and for confirming the resolution passed at a
former meeting for the confiscation Martian shares, the calla
on which were unpaid.
The Cams-wax said the oomptny was now in such • po-
sition that it could offer ample security. He would propose
that the directors be empowered to raise a sum of money net
r:rl116,6001., in such way as they might deem cape-
.— used unanimously.
In reply to a BHARRHOLDIR, the CHAIRMAN said they did
not inteLd to give more than 5 per cent. for the money. The
line might now be finished for 123,0001., and in about twelve
months.

A SHARZHOLDER caked what money they had of them
selves.

The fincitwri.aw said they had calls that would be paid to
the extent of 48,0001., in addition to the 116,0001. propowd
to be borrowed.

The second resolution as to the forfeiture was not brought
forward.

ULSTEIt„

Balf-yearly Meeting.—lelliaTpiiarch 28.—1. GOOD•hg,
Esq., took the chair, and submitted the We
directors, from which it appeared that the rent arninS
from the passenger traffic was 11,8051. _ e fro=
the goods' traffic 8,114!. 14s. 2d ; total Kam. 18. 71141
to
expenditure for working the line e Interest paid on
borrowed capital amounted to I_,^roOr. 17a. 3d., which left a
balance of 7,1334 3e. 10d., rt. of which the directors recom-
mended that a aividead r'.2o. should be declared, after the
payment of which a bat-ate of 903!. 7s. 10d. would rtmain
to be carried to the r 41TO fund. Alter a desultory discus
gee oaths sew. *Affairs of the company, the meeting se-
pwatod.

misruLLAI(HOIJS NEWS.—Cisawan or THE MID-
LAND .AILWAT STATION AT Um* —Notice has been even
thar tom this day all the passenger truffle connected with the
FA:islet-lane Station of the Midland Railway at Leeds will
as transferred to the Wellington Station in Wellington-
street in that town, and that no passenger will henceforth
start from the Hunket•lane Station. The new station, which
has been hitherto known at the Bradford Railway Station , is
not only very spacious and convionient, but is remarkably
central.

GREAT GRIMSBY AND SHEFFIELD. The section
between Brigg and Gainsborough having ken it spected by
the government officer on the 26th, together with the portion
of the loop line of the Great Northern between Lincoln and
Gainsborourgb, will be opened for traffic today.

MONEY MARKET.

BATtrIIDAY BVINING.

The intelligence received through Paris
the cessation of hostilities in north Italy gave
an impetus to the English funds, and Consols opened
at 921 to 1 fee the account. Notwithstanding large
speculative sales in the course of the day, which tem-
porarily depressed the market in a very slight degree,
they cased firm at 921 for the next account, and after
the close of the market were done at 921. The
market for Exchequer Bills and India Bonds main-
tained the advance of yesterday; and the Exchequer
Bills of June were done at 43e. pm., and India
Bonds at 535. pm. Bank Stock and India Stock
are firm, but there has been little business dons in
them ; the former is quoted at 199 for the account,
and the latter has been done at 244 and 2431.
In foreign securities the pacific tendency of affairs
on the continent has given a firmer tone to all the Euro-
pean stocks to-day : Itnasian , Dutch, and Spanish are all
firm, at an advance on yesterday's quotations, and the
official lists show the following transactions in them.
Russian Bonds, at 1031 ; Spanish Three per Cents.,
at 301 and 301; and the Dutch Two-and-a-Half per
Cents. at 49i.
The arrival of the Dee hes (probably without
reason) disappointed the expectations of some of the
speculators who had looked for a further remittance
of dollars by that vessel, on account of the Mexican
dividends, which produced a eight reaction in those
securities, and prices were at one time lower by
per cent, than those of yesterday, but they recovered
again at the close of the market, and were finally
quoted at 31 to I.
In Buenos Ayres and Peruvian there was not much
business; the sales effected were, Buenos Ayres at
391, and Peruvian at 66 and 65. F.quador Bonds
were done at 3f in the morning, but declined to 31
towards the conclusion of the market.

The following calculation, @bow the rate per cent.
per annum yielded by the various securities cited at
the average of the prices which ruled this day.
Where the asterisk (•) is placed, it is to be under-
stood that the share rate of dividend is less the in-
come tax:

Three Ont. Omsk anineen Prim. 928.7481 d Per =VA 10i
June 3188 OM. SL pe Lamn day)
y• 43e. p. . 1 61
Laneeldre umd WM**
(dividend 8 pee amt.)
Greet Weeleine (dle. 6 id.)
Undesired min %dm •(div.3 Id ) 37 m 1
Leedom w!MOM Didly. 4 143 lip-3e m 0
Landes and NOM Wean *(dlv.7 81.)(133 " 8
Kklland Nov. sm.' 7B in 2
di
York and No% named Nctiv. 6 ILL. 44 • 1
Tack. Nawards. end Berwick *We.
0
We append the following, which we Cave this day
received from the committee of Spanish American
bondholders: " The committee of Spanish American
bondholders have received letters from their agents at
the City of Mexico, Vera Cron, and Tampico relating
to the Mexilin foreign debt, of which extracts
will be furnished on Monday.-13, Austin-friars,
March 31."