The Express.
London, England, 1859-11-30 00:00:00

MS SOCTTE 3411721 3,112Tre Y.

The South Eastern Railway traffic return shows
this week an increase of 1,700 i. The proposed ar-
rangement between this company and the London,
Chatham, and Dover continues to be regarded with
great interest by the shareholders. Some two years
and a half ago, when the South Eastern were earn-
ing only 31 to 4 pm cent. per annum, and when
their pisitioa Ind prospeeta were by no mesas so
good as they as. new, that company offered to gua-
rantee to the REM Lent, for tire years, a rate d
dividsod 1 per amt. lees than that on South Easters
stosk : at the expiration of that period South
Eastern and East Kent stocks were to rank alike as
regards dividend. This proposal was not closed
with. Now, • considerable differeate is ob-
servable is the relative position d the two
earepanisa. The traffic of the South Eastern is
experiencing • rapid development, and this frees
sources which, being local, are solid, because inde-
peodent of continental disturbance. Their branches
sad guarantees, including, more especially, the
Reeding, Guildford, and Reigate hoe, now show re-
sells of a more promising character. Again,
although the company are threatened with competi-
tive to Dover, then, is some prospect that the (scut-
tles Per the conveyance of the mails by the Folks-
sloes mate, where the company are exempt from
rivalry, may be materially increased, one of
the projects under consideration with this view
being the formation, at moderate expense,
of a breakwater at Folkestone. That the
regularity of servioe incidental .0 a mail
mate will attract passenger traffic does not
require demonstration. Whilst the prospects of the
South Eastern Company are held to be thus reason-
ably reasetirini, it is not overlooked that the capital
of the East Kent Company is some half a million
larger than at the period when the offer cited was
made and the force of their antagonistic attitude is
impaired by the state of their finances. It is noto-
Tiolla that they have been unable to piece the whole
of their capital, the position of which is the share
list certainly does not indioate financial strength. •
Meanwhile the South Eastern, who are, it is said,
shoat to drillers the largest dividend ever
paid by them, are steadily moving up to a
higher financial ground, from which they
will be still better able to repel the threatened
opposition. These considerations cannot fail to have
a bearing upon the negotiations now pending
between the two companies. A fusion is undoubt-
edly, in the interest of both, most desirable. The
Smith Eastern must be anxious to consolidate their
position, whilst the London, Chatham, and Dover
will assuredly fare the better if working is harmony
with, instead of in opposition to, their powerful
neighbour. The present week will probably show
whether moderate counsels preside at the respective
boucle.

SPORTING.

BETTING AT MANCHESTER.-TvuDAY.

CROYDON lITIRPLRC HASS.
7to apt Goldsmith (t)
6 to Abditl-Kodor (I)
10 to omy other.
TEI DillY.
7to spa Umpire (t)
11 to No boorms (,)
111. Thp=
12 Is Wizmet
100 to U (t)
102 to Theadorbolt (t)
IRO to >i Pots hoe (t)

SIR Jilin WILSON AND TER BRADFORD CHAN-
eau or Commaaca.—M a waft of the ceased of the
Bradford Omaha. et Commens. es Meeday, the rsafelary
Cad
the
Mime
the ( Mtge ken the Right Kos. Janes Wiliest
Cleacelkor of liseragisrf he LAN es es estgeet of
wool growing is Is 'Os based the Pees, swig
Malta, Oct 28. 1111111—Daar Biz,—Yoar MAW .1 the IMM,
bertha, with the aneelas or wool, reached se hi Leaden na
the eve of ray &penman esd too late to enable mile reedy to
it. I sow bag you will my to the merles of the atmtW
Commis thu nothing shell be writhe os the pars ef the
authorise ia lade to shy diet, se fee as lies whale the
prowlers at a goernemet, to Ulmer eraggestloas is to the lm-
ef the usably el the weal AI hots lades, aad
to is NS gereelly. I will ltrweid the rapist from
Ades, os my way eat, to Mr.Dalsell, the istalligsas Cedes-
tar of CSOINIMI 1111 Kanacitse, with Niell abestveless se I
Welt will beet use in secauring the cages yea have EA ANA
I will request him to make arapat apse OM trade ea it
islets, sea as It may be ire • copy of white will be
duly forwardette you.— Believe ea, laci.,—Joss WiLION.
—J. Dathartos, Beg.' —lO. letUf wee sets ral to the com-
mittee el the W•ol Arsociatice.

The following Notices were issued from the Go-
soul Poet-aloe yesterday, en The watract packet
Cleepetre, with mile for the tweet coast of Africa, haviag put
into Queimatoent damaged,e4plnuestuy made .ill be made
up Lo wampum., by teat dnip 1214114 LN Atpinwall
will be made op he the General Post-onw, to be net by tb•
sinew weedier &Win, which is appointed to leave Uverpoul
ea the ithittiew."