The Express.
London, England, 1860-08-11 00:00:00

LONDON AND BLACKWALL RAILWAY.

The report of the directors, to be presented at the
belt-yearly meeting, on the 14th inst., state, that the
balance to the credit of the revenue aeoremt is 27,5691_
10e. 4d. ; and after deducting 6,5921. 14s. for interest, the
sum of 20,W761. Ma 4d. remataa, which enables the direc-
tors to recommend a dividend for the half-yeat at the rate
of 31. per cent per annum, being an increase of per cent.
upon the dividend paid at this time last year. A tabular
statement of the comparative receipt& and expenses for
the corresponding six months of this and last year shows
the net increase' of receipt& for the past half-year to be
1,8131. ; and inasmuch as no revenue has yet betegderived
from any of the new sources of traffic mentioned is the last
report, the directors consider the present account may be
considered satisfactory. There portions of the works re-
quisite to carry out the several traffic arrangements con-
cluded with other companies, which could be accomplished
without the aid of an act of parliament, have been pro-
ceeded with during the pest six months. The second ware-
belie OD the north Fide of the line at the Minoriss has been
completed, and such purrs has been made with the
new goods station adjoining, es to ensure its com-
pletion in a few weeks from the present time. The whole of
the goods elation on the south side of the line will then be
to the Great Northern Railway Company for
appropriated
ilzellatnestve use. The directors have agreed to provide,
over the new goods station, additional warehouse accom-
modation for the Victoria Dock lessees. The cost of then
works is included in the estimate given below, and it will
carry interest at the same rate es the expenditlue previously
sanctioned for the warehouses. At Blackwell the com-
pany's new workshops and en-We-house ere nearly finished,
and the Midland Company will immediately be put in pos-
sesion of the premise. there which they have agreed to
rent. The Great Northern Company's station is fluisbed,
with the exception of laying down the sidings, which will
be ready in about a fortnight. The act which was sub-
mitted to and approved by the proprietors, at the special
meeting of the company in April last, has received the royal
assent, and so soon as the capital shall have been subscribed,
the branch line to the London Docks, the Midland Com-
pany's goods station, and the other works authorised by the
act will be proceeded with. The share capital to be
created under the authority of the new act is 300,0001.,
and the estimates for the several works and liabilities
to be provided for out of that capital are as follows, viz. :
For London Dock breech, 73,6556. ; for Midland Company's
station, 25,0001. ' • for enlargement of Great Northern Com-
pany's station, additional sidings, and purchase of property
now held on lease, 27,3001. • for Victoria Dock new goods
station and additional warehouses, 50,2501. ; for repayment
of loan from bankers, 123,395/. ; total, 300,0001. The
directors recommend that this new capital should be raised
by the issue of 46,154 shares of 61. 10e each, to be even-
tually converted into stock of 101. per share, so as to place
the new capital on the same footing as the existing stock.
A deposit of 11.10 x. per share to be paid on the 15th Sep-
tember next, and the remaining calls to be made as required
from time to time, at the discretion. of the director, in
amount& of not more than it. per share, end at intervals of
not lea than two months. The shares, when fully called
up, to participate in dividends thereafter accruing equally
with the existing stock ; sad if not fully called up by the
Ist July, 18182, to participate in the dividends thereafter
accruing in proportion to the amount which shall have been
caned up The shares to be offered to the proprietors
registered.at the date of this meeting, in proportion to their
holdings of stock, and if not taken by the proprietors, to he
disposed of as the directors may think most advantageous
for the interests of the company.

MON17111:111. OF TIM LAM EARL OF ELLESMERE.
Yesterday afternoon took place at Woreley the inauguration
of the headgear memorial tower, erected near Woreley
Hall, by public subscription. The site of the monument is
on the south side of Wren's-wood, a short distance to the
west of the hall. It is a conspicuous object from the lower
pound for some mien in different directions, and is plainly
visible from the Manchester and Liverpool Railway. The
tower le in the gothic style, from a design by Mr. Josiah
Webber, of London, who was employed both as architect
and contractor for the work. The height of the tower is
132 feet, and it is crowned by an octagonal observatory
lighted by eight stained Windows, whence there is •
tine view of the sorrotuiding country. On clear days the
eye may recognise localities in seven counties, those of Lan-
caster, Chester, York, Derby, Stafford, Denbigh, and Flint.
The observatory is reached by an iron spiral al n:aim of
elegant construction, the motet being lighted by a number
of stained windows in the tower. Many of theme windows
are presentations, including two large ones in the handsome
square basement, which are the gift of Mr. Fereday Smith,
the manager of the Bridgewater Trout. The foundation
dens was laid about two years ago. The sum raised hr gib-
=was upwards of 2,1001., and the total cost Will be
y rather more than 1,9001.
Tau Kisentosos-enzasits ENCROACHMENT.
At It Well4tkowdell meeting of the united committee* of Ma-
ttrew.horsPlVait sad
nn,ken"dheld yte.7r.l4"lay
morning at the Oeurtd= Cherie-lane (Mr. .shell,
of Marylebone, in the it was reported that op to the
premed time the memegiel to her Majesty against the said
ride had received upwards of 30,000 bona tide signatures.
The meeting then Inaningsudy resolved that they should
seating@ to ready@ signatures up to Tuesday evening next,
whoa they shsuld hold their next meeting for making the
enengsmants for the presentation of the memo-
:ieenZentises of the committees expremed their confidence
`the belief that up to that evening many thomands of ad-
Mimosa mignateres would be added. Communications
sere sloe received from St. Luke's, Che Sea, stating that
that south had determined to memorialise the Queen
I spiesnihe ride, and also from other parishes which bail re-
solved ea pursuing a similar course.
HOMODOPATIIIC COCOA. Ite delicious
grem, grateful smoothness, and Invlsorstkag power have pro
aimed Its general adoptlou as a breakfast beverage. lib.
Merwil IU-. swim's, at la 01. peril., by the principal grocers.
-mom gppe, llot telepathic (teenier, London: —Ad-
vertisement