The Express.
London, England, 1860-10-30 00:00:00

SIVIIAN BANK OTAILw lime minis.

Herne, M.d Row, sad Heeeei we b
• mon MuuvAta.-1110 J,RIy Heidi or Tails, tby
IColliegerood, Shyleek, Dia:auk eel R. Emperor.
APMTIONAL AMUTALA - Tatthr, Wdliese,
Aid el Kmiec, Sheffield, Cheery r by TegaPook Mm
•eri.uu, clues bee, Jerusalem, Foraoe, bud Charawood.

BOSTON zLecno.v.-(THIS DAY.)

(IT asc-nur mama's.)
liiioolMl BOOM% TommaT, 1130.
Tuba& 477
279

J114112' 17DIAN RAILWAY COMPANY.
(PIM DAY)

Thin day the thirteenth half-yearly meeting of
eheeebeiases wee held at the Loudon Tureen, lb. Caen.
Met, ILle, is the chair.
The report. which is as follows, was takes se read:
"The hoard of directors submit herewith reports from Mr.
Turnbull sad Mr. Sibley, showing the state of the works in
Bengal and in the North Western provinces respectively on
the 30th Just, last. In directing attention to those demo
manta, the board congratulate the eltartholden on the antis.
factory prospect M completing the line to Delhi whke Is
held out. Should the views entertained by MIMS.
Turabull and Sibley be realised, end the board lee no
reason for doubt in the matter, the constractiou of 1,130
miles of railway will have been oompleted under caves-
staoces ot extraordinary diMenity, in a shorter space of
time that). looking to the delay caused by the Sonia' re-
bellion and the sub equent mutiny, has ever teen antici-
pated, and in • manner reflecting the highest credit upon
the executive officers of the company. The earveye of the
Jubletleore hoe have been completed under the able super-
»trade». of Mr. Le Swarier, chief engineer ; the prin-
cipal plies and seethed are now in the hands of the board,
and ere under coesideration. The line will start from
Allahahed, and taking a southwesterly direction, will joie
the Great Indian Peounrala system at Juhbulpore, thus
forming a oomplete line of oomtennicatioa between.
Bombay, the North Western Province., and Calcutta.
The total length of this line will be about 223 mules.
The government of India not having replied to the »-
terrace mule by the &erste» of State for India as to the
further capital mammary to complete the works on the main
line to Delhi, and, in the meantime, funds being required
for their due prosecution, the board, sin» they lest met the
shareholders, lave exercised their borrowing powers (limited
to 3,003,0001.) to the extent of one-half of that sum, which
they have recently raised as debentures not convertible
into stock. The board are still without the means of giving
the proprietors accurate information as to the additional
capital monied ; for although they have reeeived
from their egad estimates prepared by Mr. Turnbull and
by Mr. Sibley, of what they consider will be required, those
trained,, are sot suSciently precise at present to take action
upon, is I. are the board aware that they have been =occurred
is by the government of India. Sufficient information,
however, is afforded by them to tenable the hoard to state
that the cost of the line may be expected to exceed by
about 2,700,0001. the sum of 17,000,0001, anticipated this
time last year the addition ening, so far as they can
judge, mainly from the work to be demo being somiderahly
heavier than was estimated in Indiailamthe veperle epee
which the board then based their Is Mr.
Teen-
bull'. present estimate, however, w • coven 30 miles of
new line, sanctioned last year, there is included '• very
large sum, firming an important item in this additional
costaohlur other 'orb not previously contemplated at all—
dou the line from Burdwan to Raneegunge for instance
—end 'ch he considers must be candid out to enable the
company to meet the traffic. This is one of the points
upon which tho govarameat of India may or may not agree
with Mr. Turabufi, and there may be others ;in the absence,
therefore, of knowing the views of the government, the
booed are unable to state specifically what new capital will
be required. They think it right, in the interim, to
put the shareholders in possession of the views of their
own officers, and will lose no time in communism with
them agaiu when they hear from the Secretary of
With reference to the Jabbulpore line, the board do sot
think it expedient to express any opinion as to its probable
mileage out, until it be decided whether it should be let to
»street, or constructed by their own oaken; but they me
fortieed in their view that it will be considerably is thee
that of the main Ibe D 7 reports received both from Mr.
Le Memorise and Mr. Paer. The board have to report
that the hue was advertised to be opened to the public oe
the 13th inst.. for tea retire distance beams Calcutta and
Rajmahal, 201 miles. The first train not through ea the
4th July, and the interval has been employed in petal( the
line into efficient order for public traffic. Great =pota-
tions have been formed, and the board coaridar very
properly, of the large traffic which wOl caw alma tide por-
tion of the line ; but the board think ft right to guard
the shareholders against too sanguine an expect ties that
this traffic will appear simulteneously with its epeeist. It
will certainly take time to draw it from its accustomed
channels, and whilst no doubt there will at once be • very
comiderable &gement tonnage conveyed, it will principally
be is the company's own materiels, the real Inds of the
country »min gradually, and until the advantages of
railway transit are bettor understood ia India, probably in
the hat »Mapes somewhat slowly. The permanent
way and works oostinue in efficient working order,
and have boa maintained during the part half-
year at • cod of sid per train mile ; the oust
for the preceding half-year being. melee exceptional circum-
'Maces, 7d. per train mile. Annexed to this report is the
revenue savant for the half-year ended the 311th June
lase The working expenses have been 44.68 pee eget.,
against 43.24 in the preceding holf-yeer. The number of
monomers rarriod daring the baU•yror eoded 31st December
last, was 704,389. The number canted during the emceed-
* or last half-year was 810,3011, showing se »mean
of 101,916 Foremen. The immage in goods and minerals,
exclusive of parcels, carriages, and live dock, for the half-
rear ended 30th June last, has been 144,761 tons, against
151.258 tons in the preceding half -year, • small felling of
which is not confined to any particular class, and which is
attributable to • plural depression of trade. The amount
of permanent way material. included in the traffic return of
the last half-year in about 8 per cent. The gems bone re-
eeipte for the half-year elided 30th June have been =MIL
101. 7d., 'bowleg an »creme of 9,492/. Hs. 10d. ewer the
preceding half-year. The total grummet* for tb• year Gaud
30th June, leek have been '236,3901. 'JO 41 sigaisg2o6,s77L
13a 1(51. for the year ended Jame 30, 1859. Ilse whole of
the ermines and other rolling stockers la excellent condition.
The peneamiat way sod works have been maintained in
good order during the lest six meths, at • cost of 60. per
train mile, as compared with as. per train mile in the
previom half-year. Accompanying this report are the
revenue arcounte for the half yeah ended 31st December,
lrtteJ, and 30th June last. In the last half-year the working
express have been reduced from 51.73 to 49 per centt.
The number if passengers carried daring the half-year ended
31st December last was 80,630 ; the number carried during
the sueoseding or het half-year was 117,106, showing an
lamas at 27.456 pusengem The quantity of goods carried
during the last half-year was 33,364 tone, wart 33,626
tone in the preceding ball- year. The anionnt of railway
material, included in the gran returns of the bat half-
is about 39 per cont., amiss* 63 per cent, ia the
half -yew, so that there has been • large inerease la the
puLhe traffic. The gross Irak receipts for tho half-year
elided 30th Jae lase have beau 43,163/. 145.:.1, showing
se iacreue of 6,0071. 8a over the preceding half-year. The
last treat receipts linos the opening of the line, exclusive
of the &amount dee horn the government for its me during
the mainly, have been u toll ems :—From the 3rd March to
30th Jess, l3lO (four mouths). 14,=71. 2a. ; for the bale-
rs! eia..W 31st December, 1859, 17,9341. 10s. Id. ; for the
half-year ended :10th June, 1860, 22,0147.3 e. 9d. The com-
ray Ma bow 249 Mile* at work le Banal, and 126 miles
isms in the North-Western Provineso. It will be observed
that the revenue account. for the hues at work is
and the North-Western Pr.vinces are furnished from laths
esperately, and published accordingly, end this will coutiews
S. be the use until the line is opened throughout to Delhi."
The CIAIIIMIAN, in moving the adoption of the report,
mid that since they bet met they bed completed 12:1 miles
sea» of railway Ii the Lower Provinces, comprising owe
el the most difficult sod important which they
had to construct. In the Upper Provisoes they
had not opened any fresh length of lisp, but is
February next they would open a length of deo miles team
Ourepore. Euly next year they hoped to have all the
earth end brickwork completed with the exception of the
siodisess, and the five large bridges which they had to
=km The great wort over the Some was going on with
great rapidity. In March they hoped to have a farther
section of the line completed as far ea Bhaagulpoor,
and by the middle of the year as Luckeesami, wham,
they had to animater one of their great difficultim—
the peerage of • coosiderable river. From that
point titers would bees dificuP vin bringing the line to
completion, with the exceptions referred to, up to Allaha-
bad within a sleet the. Under these cirmunstames, he
thought they might rest satisfied with the exertions d their
°Seen in India. (Hear.) The traffic returns were =tie-
factory, but of course the bee must be completed before
they could see the trail fully developed. They bad a
power d raising A1,000,t 001. of mpital and of borrowing
3,000,0001 The shareholders had given them power to
14,000,0001. and they burrowed half of the 3,000,0001
They had funds to a considerable extant lodged with the
Secretary of State and they must shortly come to an
noderstaadieg with him as to the amount of capital
which it would be necessary to mime in order to complete
the boo. But the thereholders would be called together in
order that their enaction might be asked to whatever pro-
posal was made. Ties Increase of capital arose from
larger works being required than war at first deemed nom-
eery, as was ex;ilaiMed in the rcport which he now bogged to
Tba report having been seconded,
ZoeCiAlAll AN, in reply to questions which had been put
hint, said that the cost of their steam fleet wax bOO, 00f.
bet though that mould seemed large, it meals great deal
of messy in other respects, and enabled them to bring
together the materials for the line independently of other
modes el conveyance.
The report was adapted unanimously, and a vote of
thanks rimed »the directon.

Dana of vas LIM OV Matsvrae.—We have to
record the demise of the Earl of Mievera who expired on
Wesley leek at his seat, Thoreatffparkt riatizgkamshire.
at the advaseed ap al 2. The deessees. Chula' Herbert
Herrepolat, was the eeseemil earl, end was born et the
Roinger's Loolp, Risinvind Park, is VS& On the 23ed et
August, POI, he wale/ Nary Letitia, time eldest daughter
of the to Yr. Anthony_ Hardolph Eyre, by whom be bad
five ohllren, sad inaoseded to the title. end wastes of his
father on the desali of ties nobleman in hose, 1816. The
deceased peer was teeny is the nary, and represented
N't"relluu‘Niee in parliament from 1101 to 1816. Re was
patron of 14 livings.

SHARE ZIST S.-THIS

0A Y.

Two o'Ozotw.
British railway stocks have not generally par-
ticipated in the improvement shown in Ceesols,
and quotations are much the same as
those current at the clone of business yes-
terday. London and North Western stock it now
quoted 1011 to f, being }}per seat. higher ; Great
Western, 711 to 721 ; Midland, 1331 to 1341; Lan-
eaahire and Yorkshire, 1171 to 118 ; Caledonian.,
911 to ; and South Eastern, 861 to I. The
market is firm in character, but the settlement
chiefly engages attention,
The Canadian railway shares are rather better.
Lombardo-Venetian exhibit no alteration.

"W.--

1-.1 im: