The Express.
London, England, 1867-02-22 00:00:00

STEAM to GOTHENBURG from London direct.
Avcraw passage. 4 hours • - The units:ailed twin SalVW-
stranwr )lAlt V, LOU° inns, 2.0 horse power. havlzs been
overimuhal nod redecorated, is appointed to resume service, and
will lw ilesnatelual from the V. est India Dock Buoys on the
Vie' Mat , at lo s. m. 'weedier permitting —Fares, A 3 :)s.:
£2 : el. To lie ("nowt .1 by the steamers GrxrA F NASA or
NEN Y. Apia) at uhapliti's Universal Mice, W. •or to
fP1111.1.1 Pt's, R VVA Pill LLI PPS and Co., St. Ininatan's•ltinse,
Great Tower street. E
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THE GREAT EASTERN RAILWAY
ciinyAsr. _ .

secretary's Office, ltidiopsgate Station, London, N.E.,
Petit unry 21, 1967.
lasi. F. of c':02..:100 of Fl E PER CENT. DEBENTURE
redeemable at t I!0 per £lOO.
serip will he issued against Banker's receipts for payment of
the depo.it or instaimente, shirk w W be exchanged when Billy
tend up for the definitive dclamtnres.
the Orton Eastern Bidlway rompany are authorised by their
special acts. inclinling their act of last Semin, to issue deben-
tures to the amount of Cilaiii.44l. of which, by the return err-
tined under the Railway Securities Act, latin, there renuLs
uni.died te02,947.
This amount of debenture capital is issued against £t0,791.452
of authorised share capital, of which £17,347,731 has been
pai•l up.
1 he KRIS income for the year VAG was £1,883,000, and the net
Income £575.05r1, MI which a large increase is certain by the
reduction of working expenses, and on the completion of the
Metropolitan Estension, the Whiteebapel Coal Depot, and other
works. . .....

The first charge on the line for debenture interest and rents of
leased lines including the %hole of the debentures now to be
issued a ill be gbao.ooo a year, so that, even with the present
triune, there is a margin of c 345,000 a 3 ear of net income over
the total amount of Oral charge.
In order to secure the true of the whole remaining amount at
seas and In a manner which violates the inconvenience of
renewals at short dates, it has been resolved to offer it in a form
which pruilii ally amt es It a debenture stock, suitable for per-
manent investment. and at a rate so cheap as to offer an induce-
ment to tare sliarsholders and public to take it up.
The advantage of a permanent debenture stock redeemable by
half yearly reductions in the nature of a sinking fund, so that
the repayment of capital is secured by an annual payment as
u will so inres*, apparent tom' the recent legal del:barna,
which show that the security of the debenture ass fixed and first
charge term net annual earnings Is unexceptionable, and admits
of ready legal enforcement. This system also benefits the deben-
ture holder by creating a large amount of uniform stuck, which is
of course noire marketable.

On the other hand, the advantage to the shareholders Ia
obvious of a 'piton which adds every year to the permanent
value of their property by extuerurthing debt, while a small addl.
Von to the Interest to he used as n stoking fund virtually costa
nothing, being 00 more than the average coat of stamps, meanie-
Ac., In renewing short-dated bonds.
The debentures now offered are in sums of £lOO each, or In
larger emus at the option of the holder, with coupons attached,
bearing 6 per scut. interest, payable half-yearly, on lot July
and let .131111111 TV, and the capital to be redeemed by hAlf.yearly
reductions in the ',Mere of a sinking fund of half per cent. ap-
plicil cumulatively. is., together with the interest on the stock
redeemed, by purchase in the open market as long u the price
d the stock dues not exceed 110 per leb : or if ahou that, by
unioaldraiilngs paying off the drawn stock at :20 per 100, by
which the whole of the stock will be extinguished in 514 years
The Company will compound fur the stamps, no that the de-
bentures will he transferable by endorsement, without duty.
Fadt debenture will be convertible into ordinary stock of the
Company, at par, at the option of the bolder, at any time
during ita currency, upon giving three months' notice In writing.
The pries of each £lOO delienture Ia £lOO, payable as follows :
Dcpoodt £lO on allotment.
Ist Instalment $:2O on Monday, Ist Aptil.
Yrnd „ Ell on Wednesday, lirt May.
grit „ g2O on Saturday, Ist June.
4th „ 420 on Monday, Ist July.
6th „ £lO on Thursday, lat August.

Total .. AlO5
Intend: at 5 per cent. per annum will be allowed on prepay-
ment of the whole on allotment. or on the remaining instal.
Meats. at the ,!ate "(any one of the Instalments; thin, with the
benefit of the eon'. n from lit January, inni, makes the net
price of the klOO Debentnre equal to gO7 18.. Ml.
In default of due payment of the respective Inotalmenta all
melon* payments win are liable to forfeiture.
Applications to he made to the flecretary of the Company In
the subjoined form, on or iatore Friday, the lit Starch neit

ortoptai ; to who holden are holde of oifill'ary or preference shares
ehricittires' of the Great Eastern Company will please to state
the amount of their Madill:4s In their application, as a prefer-
eme wiU be siren to them to the allotment.
J. B. OWEN, Seeretai7.

THE GREAT EASTERN RAILWAY COMPANY.
Issue of 4:642,3tA/ Vire per Cent. Debenture Capital, redeemable
at a:120 per Eno.

February, 1957.

VARY OF A PrtICATION
To the Directors of the Great Eastern Railway Company.
Gentlemen.-1 request you to allot to me Debentures of £lOO
each on terms of your circular of the 21st February, 1867, and I
torte to accept the same or any lesser amount that may be
allotted to me on the conditions of that circular.
To he written in
and distinctly.
t Designatlou
Signature

Forms of application to be obtained of the Secretary of the
Company at the iiibliopegate Station.

DEPOSIT DEPARTMENT.—The CONSER-
VATIVE LAND SOClETY.—Perfons wishing to invest
large or small BUMS, receiving hall-yearly interest warrants at
tour cent per annum, with power of withdrawal at food
re according to amount invested, may deposit stuns daily
at the ottieet No. 33, Norfolk-street, Strand, W.C., without
becoming members of the soc!ey..__

CHARLES LEWIS ORUNETSEN,
Proveetnees of the ttbare, Deredt, Land. andecr=7l4
Adesnce Departuient will be sent free of charge.

7IMPORTERS, Shippers, Steam Bipping
Compaalet, and Congo's.' o/Foreign Goods, by steamers
Or otherwise Into the Port of London.-7b• proprietors at
lies Trade Wharf, Ratcllff, and Upper Free Trade Wharf, Don-
ato Dock, Upper Thamenetreet, OFFER FACILITIES to the
abore.—Farther Information may be obtained on application, by
lOW or tn prawn. to b. CLAY and C?., whorllngero and warea
ammo keeper& --Mem. 83, Upper Tleamonetrest

BANKING and FINANCIAL—GLENN and
co New Broad.street, E.C., BCY and SELL on COM.
1111:4810N In the London Market tidied States Oovernment
Donde and American Railway Shares ; advance money on Ame-
Mean Seruritlee, alol Imy for cash Coupons and Dividends pay-
able In New York, Wafts issued on Duncan Sherman and
lime York, owl John Munro and Co., Paris; and collections made
In all parts of the Inked States and Canada. Glenn's American
ibititchtl Circular booed every Friday.

HAMILTON and KIMPTON,
MERCHANT TAILORS, 105, STRAND.
Klemm H. and K. Invite attention to the new goods of the
'eery best qualities. made in the latest style, at fair prices
Overcoats always oa land

HARRIS'S CRYSTAL SPECTACLES of well-
known excellence can only be bad at id, Greet ltesset:-
Meet, opposite the British I nseum Oates. The very brat steel
frame Crystal spectacles, IS.. end Ns—THOMAS HAWS and
IsON CAUTION the public ageinat perms turn their muss
Established 15$0. truvelletv or agents.
- -

TONIC BITTERS.
M. Unrivalled stomachic stimulant, palatable and wholesome,
" WATERS' QUININE WINE,"
50M by Irrocerp, oilmen. oussfeetioners, &e..at Wa. a donee.
Manufactured by WATERS and WILLIAMS.
2, liarthes.lane, Caallowsliest, Leedom.

LAITUE.—The LETTUCE oontains an active
principle, the Latticing, whb h peeesseas all We
Er9Pertim of opium without its dangers. —Mr. JOZEA Us=
9itiendst, 49, Haymarket, prepares a Syrup and a Pate of Laltu
bituce;, highly reconunended by the Medical Prolamine fee
colds, asthma, bronchitis, and all chest affections. Syrup, Is. 94.:
Pate, le 144. andl ad. Pate, by poet, la lied and Ss. let,

_ .
LAMBERT'S ASTHMATIC BALSAM,
an effectual remedy, without confining the bowels or
affecting the head, truly ellicacrous and pleasant, is admitted to
be the belt medicine for home lately relieving coughs, colds,
confirmed cases of asthma, and incipient consumption. It tre-
Querelle rum persons whom the faculty pronounce Incurable
admirably allays the tickling which provokes frequent coughing.
la consumption its effects are truly benige=
Perfous dot rived of sleep, or even lying down for fear of guffaw-
may depend oil relief in a few minutes after taking IL—
Prepared only and sold by W. Li 1113EKT, chetnist, A, King Wil-
liam +trret. Chants:ems, London. and by all druiztrista, Is
I...mei. 13yd , and three %oddities in one, 4a. Ild. Ile particular
asd ask for Lambert's Asthmatic balsa= The mate aad addreee
ate engraved act the stamp