The Express.
London, England, 1851-09-13 00:00:00

METALS.—Mr. Moate's circular states that 'Welsh
bar iron is in good demand, but the accounts received from
New York yesterday bring lower quotations and a dull
market. Staffordshire iron is more in demand. Scotch pig
iron: The article has shown considerable activity derma
the past week, and large purchases have horn made, but
mpstly on speculation ; the Scotch founders are very full
of orders. The accounts by the mail from New York re-
port large sales. No. 1 American brands may he quoted at
41s, free on board, in Glasgow, storekeepers warrants. Or-
dinary brands, makers uhligatious, Bth. Gd. Swedish iron
is more inquired after. Swedish steel is in fair request.
Copp:r : There is but little doing for export, but the home
demand continuos good. British tin : Common is i ef II in
request ; refined continues scarce. Foreign tin : Several
parcels of straits have been prtssing on the market, but
have been taken hy the dealers at 7145. ed. t, Ttls. according
to quality. Spelter : Fifty tens have been done nt
131. 2s. Gd. fur September and October shipments from the
German porta. There are large buyers at a slight reduction
from present prices. Lead : There has been scam large
purchases made on Russian account. The last accounts
from the United States bring lower rates, and holders had
to submit to a reduction. Tin plates arc less in demand. '

FLEETWOOD, PRESTON, AND WEST-RIDING

JC tieTION ICAILWAY.

The adjourned half-yearly meeting of this com-
pany took place at Preston yesterday. Mr. J. B. Anot-
sos, chairman of the Preston Court of Quarter Sesaions,
pr. sided.
The report stated that the accounts of the last half-year
had been printed and circulated among the shareholders.
The meeting had been adjourned from the day first named
for it in consequence of negotiations then pending with the
Preston and Longridge company Mr the reduction of the
rent paid for that line. These negotiations had now closed,l
having resulted in the following terms being provisionally
agrees! upon between the directors of the two companies :
" That fur the term of years hereinafter mentioned, the net
profits of the whole line should be divided as follows—four-
fifths to the Preston and Longridge Railway Com-
luny, and one-fifth to the Fleetwood, Preston, and
West Riding Junction Railway Company up to the point
at which fear-fifths equals the whole rent of 3,04)01. per
annum due to the Preston and Longridge Railway Com-
pany. The profits above that point shall belong exclu-
sively to the Fleetwood, Preston, and West Riding Junc-
tion Railway Company—the four-fifths to be received in
satisfaction of the rent of 3,000 f. during the term. This
agreement to be for a term of four years commencing from
the expiration of the het half-year (31st December, l 8.0),
during which the rent was paid in full. The Fleetwood,
Preston and West Riding Junction Railway Company un-
dertake to lay out a sum of 2,0001. in the purchase of addi-
tional plant and in putting their line into working order,
within twelve months from this date."

The report having been adopted,
Mr. HENRY NEWBERY moved that the agreement
made by the directors un behrlf of this company with the
directors of the Preston and Longridge Company be
adopted.
The motion passed unanimously, and the meeting sepa-
rated.

TRAFFIC RETURNS FOR THE PAST WEEK.