The Express.
London, England, 1866-08-20 00:00:00

GREAT NORTHERN RAILWAY.

The report of the directors to be submitted to the
fortieth half-yearly ordinary general meeting of the pro-
prietors on Saturday, the 25th of August, states:—The
capital has been increased during the half-year by the in-
corporation of the original stock of the West Yorkshire
undertaking with that of the Great Northern, by the
receipt of calls on the ordinary stock (dividend deferred),
and by loans on mortgage. These additions amount to
766,7141., and the total capital is now 16,808,614/. 15e.
The expenditure includes 335,478/. for land and
works, chiefly for the Doncaster and Gainsborough,
March and Spalding, and Lincoln and Honington
Lines, now in course of construction, and 156,7191. for
additional rolling stock. The lines between March and Spald-
ing, and Lincoln and Honington, and the branch to the
Lancashire and Yorkshire Railway at Bradford will shortly
be opened. In the ensuing spring that between Doncaster
and Gainsborough will be readyfor traffic, and arrangements
will be made to hasten the completion of the Edgware and
Highgate Railway. The railways in Lancashire and
Cheshire, owned jointly with the Midland and Man-
chester, Sheffield, and Lincolnshire Companies, are also
being steadily pressed forward. The proprietors will
be asked at the extraordinary meeting to authorise
the creation of new capital to the extent of 1,075,000/.
It is intended to submit resolutions to the extraordinary
meeting to create this capital with a preferential
dividend of not exceeding 5 per cent. per annum, and to
allot the stock rateably to all proprietors. The payment
of the calls will be distributed over a period of about
eighteen months, and interest at the rate of 4) per cent.
per annum will be allowed on payments in advance. The
coaching traffic, including paasengers, mails, Am, has in-
creased by 213,918/., and the merchandise traffic by 27,808/.
The gross increased receipts amount to 50,449/. The expen-
diture on the working of the whole line has increased from
causes beyond the control of the company, the rate of
wages of many of the classes of artisans and men employed,
and the prices of the principal materials consumed, having
considerably advanced. The additional charge in the
engineer's department is attributable in a great mea-
sure to the cost of repairing 24 additional miles
of railway. The permanent way has been well main-
tained, and 22 single miles have been renewed, several
lengths having been relaid with steel. The directors have
determined, after careful consideration, to extend the use
of steel rails through all principal stations and on inclines,
but as it would be obviously unfair to charge the current
revenue with the whole cost of this permanent and expen-
sive improvement, they have decided to place to capital
two-thirds of the difference between the cost of steel and
of iron, charging to revenue the remaining third, in addi-
tion to the sum that would have been expended on iron
rails if the line bed been relaid, as heretofore, with that
material. In the locomotive department 296,076 addi-
tional train miles have been run, and considerable expense
has also necessarily been incurred in rebuilding engines
and waggons. Twenty-five engines have been thoroughly
reconstructed, and fitted with new boilers, and with
steel tyres in place of iron, and 367 waggons
have also been rebuilt in an improved form and
of an enlarged size. These and other causes
combined have increased the expenditure by 46,941/.
The balance available will enable the meeting to declare
a dividend at the following rates :-21. 10(i. per cent. for
the half year to the original stock ; 31. per cent. for the
half year to the B stock ; 21. per cent. for the half year to
the A stock. The balance to be carried to the next half-
year's account is 624/. 6s. 7d. This dividend is less by ss.
per cent, for the half year than in the corresponding period
of 1865. The decrease is, however, attributable to a
greater amount of dividend and interest being payable
on the capital expended on lines in course of con-
struction, and therefore unproductive, to the un-
avoidable increase in the working expenses, and to the in-
creased rate paid for money on loan.

LEretersit, AUGUST 18.-A fair breadth of wheat has
been cut in this district since last week, and should the
weather now prove favourable a large quantity will soon
fall to the scythe and sickle. Generally speaking the crops
CHIEF BARON KELLY.-During the present are pretty good. The yield of barley promises to be very
week Chief Baron Kelly will attend chambers and hear abundant. Oats are fine and mangolds look splendid. At
summonses for the first time since his elevation to the our corn market to-day there was a rather limited show of
bench. It was contemplated that his lordship would not wheat, which was in slow request, and prices tended down.
have sat before Michaelmas Term. wards. White, 54a. to 58s. ,• red, 51s. to 545. per 36 stone.
THE NEW LAE, ON INDUSTRIAL &Hoots.- In malting barley nothing doing. The show of grinding
Several important alterations in respect to Industrial was small, and previous rates were quoted-31s. to 345.
Schools have been made in an act passed on the day of the per 30 stone. Oats came to hand sparingly, and there was
prorogation. It repeals three statutes. The schools are a moderate demand at recent terms-new., ?Ts. to 335. per
to be certified and under government inspection, and to 24 stone. Beans were taken off at late prices-old, 52e. to
them counties and boroughs are to contribute. Regarding 545. ; new, 495. to 525. per 38 stone. Fine flour, 41s. ; se.
the class of children to be detained at such places, it is conds, 38s. to 395. per 20 stone.
provided that any person may take a child apparently NEWCASTLE-UPON-TYNE, Aoceler 18.-At our market this
under the age of 14 found begging or receiving alms, morning we had a fair show of wheat from the growers,
whether actually or under the pretext of selling or offering moderate from the coast, but good from abroad ,• fresh
for sale anything, or being in the streets for the purpose ; thrashed samples, however, being wanted, sold readily et
any child wandering and having no home or proper the extreme rates of this day se'nnight. From the stand.
guardianship or visible means of subsistence ; any child scarcely so much business pealing owing to our millers
found destitute, either being an orphan or having a eurviv. having bought freely during the week ;in the sales effected,
log parent who is undergoing penal servitude or imprison- however, full rates were sustained. Flour in steady re-
meat, or any child frequenting the company of reputed quest. Grinding barley in fair demand. Malt unchanged.
thieves. A child answering any of these descriptions may Beaus and peas quite as dear. Oats fully supported their
be sent to • certified industrial school when taken before a value, and rather more inquiry for white stout Petersburg.
magistrate. A child apparently under the age of 12 The arrivals this week are : -Wheat, coastwise, 1,962 qrs.;
charged with an offence, not before convicted, may be sent foreign, 4,062 ; barley, coastwise, 19 ; foreign, 1,353. ; malt,
to such an establishment, and even parents others coastwise, 417 • cats, coastwise, 1,812 ; foreign, 4,377 ;
having a " refractory child " under 14 may apply to a ma- peas, foreign, &32 ; flour, coastwise, 1,856 tacks ; Indian
giatrate to have that child sent to one of the schools. A corn flour, 340.
parent is, if of ability, to pay a sum not exceeding 54. vz
,ORWICH, AUGUST 18.-There was a thin attendance at
a week. For offences at mrtified schools children are to be market to-day, and the trade for old wheat ruled the
sent to reformatory schools, and such schools are to be same as last week; several samples of the new crop were
kept distinct. The act extends to 54 sections, ands very offered, various in quality and condition, and realised 40a.
li • exp cit as to the management of the establishments, and so 50a per qr. Little doing in barley, oats, beans, or peas.
the manner in which they are to be conducted to aware
proper treatment of the children. Flour 71. od. per sack. Averages -Wheat, 2,596 ors..
495. ftL ; barley, 15 qrs., 30s. 6d. Harvest operations
MEETING OF RAILWAY EMPLOY=:.-Yesterday were somewhat delayed by the unsettled state of the
morning a meeting of railway clerks and employSs was weather up to Thursday; since then it has been dry, with a
held at Wilcocke's Assembly Rooms, Westminster-bridge- brisk wind. The principal part of the wheat crop is stand-
road,to eonxiderthe held modeofforminga society toprocure leg upon the shock ; some quantity has already been
Sabbath rest, decreased hours of labour, and increased pee. carted,- but it is in soft condition and only fit for stocking.
About 500 were present. It was requested that the names Little beyond cutting has at present been done with
of the speakers might not be given, since, as one of them barleys, which are now likely to prove various in quality
remarked, he might get discharged next day for having and condition. Should the present fine weather continue,
spoken. Mr. C. B. Vincent, secretary to a Railway a good proportion will be secured of fine and mellow
Amalgamated Benefit Society, stated that it was no nn- malting quality.
common thing for men to be at work on Sundays and NORTHAMPTON, AUGUST 18.-There was about the natal
have no day of rest for six weeks together ; whilst at quantity of wheat, the demand for which was steady, at
Gloucester station there was a man who had not had one last week's currencies. White, 49e. to 535. ; red, 48s. to
for over twenty years. He had seen engine-drivers who Ms. per 36 stone. Barley almost nominal, at extreme
had been at work for twenty-two and even twenty-three quotations, vit.; 32e; to 35a; per qr. Oats
a fair trade, at
hours, so exhausted as to fall into a lethargic sleep on the last week's prices, old, Zia. to Ws. per qr. The demand
foot plate of the engine, utterly
ur
;unconscious of falling for beans was not active, and pikes may be quoted at 465.
snow or rain, whilst they were taking in coal or water for wipe; per 38
oa. ete„to; pew; tea. welts; 'malt' eta, to e66a per
another journey. At Carlisle he knew a pointeman who
kept a record of his day's work. In one day, from 6 a.m. q
_,
r. Fio, 4 435. per Neck.
to 6 p.m., he pulled 1,424 levers for altering the points, 21:WRAY, AUGUST 18.-The weather has again
and was hardly able to crawl out of his box when his been very unsettled, but on the whole it has been more
relief came. Railways gave these men eighteen hours' work f_.avetezebiletaisformithentyharv.
hest.o, wmhitchdistisrle'rethestesdicropely
have
e-
on Saturday. (Shame.) Whenever they read of the sad- dusted
been laid, and bright sunny weather would be very bens-
dental death of such men, they should add that it was ~.1.1„ wbeet is
expected to be
about an
average, barley
" accelerated by over labour." He had seen a signalman as
asleep in his box, and one train stopping for the signal and lessvery good indeed, beans end peas very fair. There was a
another behind it. The average pay of such men was 16s.market to-day,
supply of wheat at our corn and the
to 17s. 6d. a week. How was it possible for a man to live demand was dull at rather lees money : old white, 565. to
when rent and prices of food had so increased, the former •
60s. • old red, 595. to fcla. • • new white, 55e, to 60s. • new
red, 60e„ to Ms.
per 36
stare. The . barley
was
chiefly through the railway companies. After several other supply of
limited, rind the demand was steady, grinding sorts can-
speeches the meeting pledged iteelf to rapport an association ding fully late
prises-namely, ne; to 66e;
per
qr.
for co-operative application in agitating for the results ""Le
rupply
;of: meta, for which resent rates
wished for. The society already possesses nearly 10,000 There was *swig
members. A casual fund for the legal protection and relief Idae. new 265.
were pretty wen supportea men 6.5 s to • ,
of anyone thrown outof employment by attendingthe meet- . is' 33e• Per 24 sten°. Beam doll "nue", Ina
ti_oo!_vixe notmste.change.pared :
flour,old, 59". t053e.4c,.. newt:,
Mg or advocating the principles of the association is being
formed, with a view to the ultimate establishment of a , '!",w• I° "1-1.- 38- ; fine, --
benefit society, indeed of the compulsory societies exist. Iva Per
ing in connection with the railway', which were strongly I OXFORD, Aurferet 18.-The firm weather caused a thin at-
denounced as being secretly managed and unjust in opera- tendance at this corn exchange to-day ; several new samples
lion. It WU stated that one of the large communes had of wheat, barley, and Peas ass* as offer, and, emmateralg
expressed a desire to help the movement, whilst two others the quantity of rain that has lately fallen, were in very
badofficiallysekeowledged the receipt of memorials and had fair condition. Pries" ruled as follow, viz., old wheat, 50s.
discharged men from their employ one (an inspector) after to 56e. per quarter ; new wheat, 48s. to 545. ; new barley,
13 years' service, because they had joined the association. 375. to 404. ; aid oats, 225. to 30s. • aid beans, 475. to 50s. ;
The ides of strikes was protested ' and new peas, 38s. to 425. ; flour (seconds), 38s. to 40s. per
tompleate,respeetfal, sail ooeohsard applimAlwa isoiisd.oa sack. The farmers in this immediate asisidoserbood in