The Express.
London, England, 1850-11-01 00:00:00

LYNVI VALLEY RAILWAY.

The extraordinary general half-yearly iseentsit
adjourned from 29th August lest for the purpose of
fag the report of the eossmittee of inquiry Ghia a
to /amine into the adobe of the company data iii
of the amalgamation, also to consider the prepriWastissof amp
solidating «rage sham and to authorise cartels
it the line, was held yesterday at the date, 449, West Itersad,
Mr. MATTII3WII, the *halm= of the company, is the disk.
Mr. KNIGHT, as chairman at the Investigation °panellise,
applied fora teethes adjetarnmeet, as tke ground that the
committee had not had sulkiest time to make say
sad oleo distended pewees to examine late the affairs of the
company previous to the amalgamation with the Purl Oast
and Defibrin Company, sad ri f.rred to a letter mattess these
dammed& from the committee whisk he had to
the chairman, hat to which he had not received say reply.
The CHAIRMAN explained that Whad only reeedved
the letter within the last five minutes. With regard to a
further adjournment, that was a question for the meeting
to decide, and with regard to the powers for inquiring
into the affairs of the company previous to the amalgamation
be apprehended the proprietor of the amalgamated 'misplay
had no authority to grant tbt in. It such ioquity ware ne-
cessary, the proper 'untie would be to tall a 'amnia, of the
sbaranolders of the aldeompanias, who might, it they thought
proper, greet the pow!, Typified. Another point referred
to in the letter was the necessity of giving the parllacteatary
notice's for eceeelidating the shares and altering the lire. In
reference to that tonight observe that the solicitor bad been
inatructed conies web node" and they wouki a2pear in we
papers in • few Jaye.
Mr. KNIGHT than proeseded to wound that the terms
of the resolution under which the committee had been ap-
pointed were sifil.iently enfilades to authorise an examine-
dos into the affairs of the Port Cowl and Dufferin
Company, that being the only point of difference.
no doubt having ever been cut as the accounts of
the Lynvi Valley Company. All Ike information the
committee bad been able to obtain relative to the Port Cawl
Compiny was the copy of a financial statement seat trom the
old to the new company at the data of the amalgam" ion, all
the books of the company being refuted. The amounts pur-
ported to be a statement of the affairs and meta of the COW
pang on the 30th of August, 1847, the date of the amalgams.
tion. In that statement the capital and income seeounts
were jumbled together in a most extraordinary meaner, and
it was absolutely necemeary that mesas should be afforded to
wet its accuracy. They had applied to the secretary for
atoms to the papers mud book., by which alone the statement
in question could be confirmed sad refuted, and bad been re-
fused. He concluded by movies a resolution for adjourning the
mating until the date of the last board meeting previous to
the next general meeting of the company, and for giving
powers to the committee to inquire into the cash account of
the Port Cawl and Dafferin Company down to the date of
the amalgamation.
Mr. RANDALL seconded the resolution.

The CHAIRMAN wetted his former statement that
the present meeting could not grant powers to investigate
the attain of the old company previous to the amalgamation.
Sir R. PRICE, M P. (a director), took the same view,
bat doubted whether It would be proper to silo, the books
in question to go into the hands of any person who was in
armor of calls, and against whom tits director, thought they
had a right of recovery, and Mr. Knight sou in anew 7001.
The directors would be quits ready to make soma arrange-
ment with him.

Mr. BRIGHT—I want no arrangement. I deny that I
owe the old company one 'billing.
Sir R. PRICE—With regard to Mr. Randall he was not
in mem, and to him, and every proprietor so situated, there
*mid be no objection to afford every explanation.
Mr. BALCOMB, as a dirrelor of the old company, in.
Limited that there was every dispodtion to tarnish every
Information with regard to the affairs of that orompany, to
every proprietor who was in a position to a•k it.
Mr. BAKER observed that the report of the committee
mast be confined to matters dam the date of the =alga-

Mr. TILSON (the solicitor) gave it u Ms opinion that
Ik. report could not legally embrace anything referring to
the affairs of the old company antecedent to the amalgama-
tion, and suggested that the chairman had no poorer to pat
the resolution in the form in which it had bean moved.
An amendment was then moved sad secondet!, "that the
resolution be not put," and was carried on a show of bands
by 10 to 7—the mathrity including rim directors.
Mr. INIGIIT having again stated that ha had no charge
to Wang against the Lyovi Vality Company,
The CHAIRMAN declared the meeting was at an end.

MARKETS.

Om. 31. The sales of cotton

to-dav ere estimated at 4.000 bales, and consist of about
160 Foram and Maranhatn, 8181 ; 100 Egyptian. 881 ;
1,000 Surat, 6 6 Total since Thuradv, 56,000. Import
ernes Thursday, 30,000. The market closes !smelly, but
with rather more . Compared with Friday's rates,
prises of all kinds are unchanged.
Monomer's, Ocr. 31.—The pia of the raw material
having given way at Liverpool to-day, our minket for both
yarns and cloths has base exceedingly flat. Beth the boom
' trade and for export (with the exception of India goods),
felt the effect of the telegraphic menage which broils-let this
intelligeme, and buyers for the German, Greek, and gene-
ral export markets were unwilling to operate except at a
decline, which productva were unwilling to awed' upon
ithe generally unretnuoerative rates now prevailing For
the India markets stocks of goods are much reduced, and
some of our large houses befog under contracts likely to
i occupy than fora month or six weeks, and camequently out
dike market, prima have not suffered. Indeed in looms
instances qualities of yarn and elo.h required foe these mar-
kets were in demand at slightly advancing rates.

WOOL,—Baenroan, Oct. 31—There is no very eager
disposition to buy combing Wools (especially of middle de-
wriptioas) at the rates demanded by the staplers, and the
sties daring the weik have been limited. Neds and broke.,
from the small quantity making, are ready sal*, at advanced
pun.
LIYIRPOOL, Nov. I.—The Wool market last month exhi-
bited a quieter (soling thug for some time previous, which Le
generally the cue at this advanced period of the year; never-
theleis, a large quantity of the raw material has changed
hands, both by public auction and private treaty, without
dimisation in 'slue ; and the reduced stalk in the hands of
importers is held with greater firmness. In Yorkshire and
lather mannfacturinit mantis% the markets have been dull

and variable : consumers are, la onasqueses, refraining
from buying, in the enticipadea of prararieg • sup-
ply at lower rates ; but the staplers, Sating that they
manta replace their stocks, unless at advanced prises, refine
to submit to any reduction. For • long while back the con-
sumptien has to. en above an avenge ; new mills have been
erected to still further increases it; orders are plastiful for
foreign as well as home account, tun an additional rise in
pass is looked forward to ere many weeks pass over, which
is net by any means improbable, when the question is
fairly weighed. Tee stela by private treaty are in Erryptian,
But India, Oporto, Ratan, etc , at extreme rates. Russian
fleece is much wanted, also combing Oporto, Turkey,
Grecian, fto., of which climes the market is bare, to
fact any description of coerce Wool is in demand, sad would
meet ready sale, at full pric s On the 33rd ult. about 3,400
bales low Wools were offered by auction; the attendants
was large, and the competition spirited, for all kinds (with
the ezeeption of good and middle qualities Buenos
which were mostly withdrawn, • good portion being inuiaad
hands). But India fine white soli briskly, at the pram of
previous sale hers ; but awed and coarse whit*, together
with yellow, brought an adenoma Id. told. per lb. and good
grey and fawn odour Id. per lb. advance; other descriptions,
nth as Oporto, combing, gad Egyptian, ite., obtained ex-
treme Rah ; liege share of the EOM ladle WM sold
for export. Scotch—Thera fe not much to report ID sales,—
Laid Highland:and White Highland are not so much in de-
mead. A slight reduction I. submitted to. White Cheviot
is in moderate request; but Lad Cheviot and Cross still re-
sin unsaleable; holders, however are not pressing sales.
English and Irish—For the quantity here a good business
has been done, and higher prices are shortly expected for
fleeces. Skin is also fa better demand, and not a great deal
offering.

MANUFACTIJRIIB.—Bnansonn, Oct. 31.—Yarne :
The inactive state of the Tarn Made, sad the prises offering
me se issommanwasase with the high cos: of labour and the
edlosold Woo of week that no al,ernative now remains but
to Mee the pesiootioo. The elasknere of the home mum-
fulsome hoe boded to cause a deal of spinning spool frames
to be idle, sad mon if rife of the Intention of larti
ties anti-
of mailbag beim/ put on short time, by wor day.
tight enty.—Plesee: The chief demand is now for easy
winter polo ; end Coboargs and Orleans are only bought in
small (realist's, to wart up sleeks.

-
COIIII.—BARBoAT, On. 31.—Tbe trade for ell Ida& of
Mast WNW. saaaket ow swab the INN al last ova. Good
mil WA rams of awls, la Mbar stow dawasd. Prior a
WINN : WNW, old. N. to to. Id. par Nobel; raw, Is. to ta. Id.
Parlay, 11N. to Its. par ar. Wawa, aid, is. N. to 4a. per bushel ;
sow, da. IL Is Is. M. Oats, *4N.. to Ma per er.; asw, las. toll,.
Btasmaimax. Oct. 31.—At this days market thew was
a short mold at Mood trow hair
uitto trade Mod doll, with
1 taa ant la Nair WIN how. Batley false dear. We
ini • lit NW tir Old. ot do mom/ OW as, Bows
1 NS, bat Ism tosisraimezterarl=ta. Pow aaslawad. Vas
SaaNNON, Oat. sl.—Thk Pp* to ii= at tlio market
New was wiftrias, sad, Nes bin a .4 irk, &a whole
wee *and olk at Woos mad to NM dYe we*. Ilbalsod.rig:
st
eaN bay. E 7 wilabla pada* afts.bsd al Os
MORO on larked hr. sedate Maly; bet sow
Iwo to qua. maw Nryllaa. INN sal Passmoro of 'Lowly,
sod No walla aims Was new wall Wiwi Wm Nam tboa Nat
asstwadsp. Whisq4lll, width Ili. to 111. 10a; 441 d, le& to
lei Uhl DOW• WM% MIL 111 111.1 rad. N. a W. los.
Daft. SW le No. 084 Ila lotto. Mom do. to Sl► raids
to No.
Out. n.—Our Harker was wall amnia *Nay
alto i dud. tor NNW sits it Milan.No NNW was
Nisi= wwowassal, se wad as lea week. UAW asw
ism. la quasi le. Odds. par Impatal up; Ibidaa old*
41s. to 411 s. par INN.; lossti.wd, selss Nis quanta 41a.
to 41a. ; 11• e osalliNs. Na. 41a. ; Wass, doiltiok do.
to Na.; bud, Ws. to M.pada* al Ile Nprowirat
to MINI, sad van elaper to do stio: la. psi ark.
=1; Naomi INGO' MN SOL lo pir wit s WWI
IN,, odd bra Us. to do. pr lbs
Waittog
wow ado Ms lora to nom and dna quake wow la
War Ir UM fa NM weds pot. assaalwp ail Nada
aisspiN hammy Ns Ms ha aired ke. lap& =NW Illatti
Whatoe. at tria filliertitp=.
Yak"
of dot yid atdood %dm- dads lloottroto
=ILDom sill IN" Ws. to Ida WIN& qt.; bib,
to 17a pw MIL ;
,Its. ID 161=irir. qr.
Bum tworlood vitheist alltaralsis. gok ao
&Wpm bap. qr.; ad lon= IltoV%or
fill& The to.
doe. MON OW leo bra Imp,
ansasilalw atimilltlastuiNTN ; Oals. apa coniun,
WWNW; Raw. Wail' al walla TY araragas,
ft disownbays beas—glast,
ilk at ewe4lti M.

. Ortleszatia, Oat. 30.—Tbers wu a small supply of I
Wesat at this does market, latish sold pretty freely, at about the
pins of lam sari. Barley was in rood st.pply ; the het samples
is meitasiti‘use loquired for, but inferior parcels hug Madly on
hoe.Jbewskaad Puma. attention. Wheat, 34e. to 424. Bar-
In, pule pew ten to Me. beans, 30s. to 345. Peas, 110 a. to
Km. lbw. les. le 31s. per each.
D Oat 31.—We had a large supply of Wheat,
ekto• mow is heed In lalestar seadlttou; the trade was massively
eml a lbw d the mu bet barely maintained last erodes prime;
ell saw% _with 04 mouth aea little for mod, were almost an.
saiss" dole( thmewlist odes were made ware at a federate& of Is.
eri in et ail red, welshing 13 IMO lib., was sold at 13s.
yes Is sped supply; the mg best measly malntelned last
Waft blobklbltiOtwaslower. la other prim but little
dile& solve allemicm la prior. Wheat, white. 414.; bast red, its.
le MI.; middle& Vs. to 41s. • Inferior, 88a. to Via. Imlay, 10s.
MVs. ONle. lea. to Vs. Beals, Us. to 16s. Pews, Ws. be Us.
pmw /laerg, the, per Nag US. o $B4 ; MIC• 11111; SOS. to Us.

mummy Ott. 31.—Tte trade for Wheat to. Brea
retherlorseat bat week's rake barely supported, es bar
the Sort desoleMees. When; trees IPI. to 114. We per
I.
tea. te ele. per v. °ate, lea to Us. Beane. 30.. to 11,1;.
Po" e
a. lone.

Ootinututo, Oet. St —Thus wu but lad* doing in
Wheat today • priors wort somewhat In Mame of the buyer. Wheat,
red, Ma to 405.; whitey Its. Ism 43a. oW. Barley, 21s.
to 3k. Osta, ICa. to 30a. Pam Its. to) 1 Basin, Sao to ale.
per qr.

- -
MANNINOTRZE, Oct. 31.—We have had a pretty good
show or even to-day, Wheat magentas last week's prism Barley
Rfor mantas 11. pas qr. damn Beam and Pao doll in sae, at late

NSWBVILY, Oct 31.—Ws hays to report a largo supply of
Wheat acwoodhe tho dowriol. which led to a &Woe of fully
la per INrd wns mold. The sung of &wiry
woo loge i the Ind iris the polocsof lon work; grind-
*: ompleo woke Wray. Cloiy liana, owl Pm WA at kis rates.

Flamm:mu, Oat. 81.—Th*8one trade this morning of.
heed ao aew !Mare. Parchere supplies of Wheat appear to lowen,
and, theta It millers are reekiag ket" they buyji very ceatiottely,
aad only Me 'wont or. The change to the weather so very asitel
sad damp will affect the condition el fanner.' Whoa* and may eve
• batter eats on foreign, which does not cow remunerate the ha-
rem. Wheat, white, 42a. to Pls. per 4anlto. ; red, 37.. to 411.
seal las to 24a. qr. • grinding, ii.. per 4001 b.
UM. Per •

- -
Rt;iwrox.Oet. N.—Wheat trade steady at last work's
priors. The little floe Barley shown made Is. more mossy. All other
dresriptloss statlosary. Wheat, 30s. to 26a per load. Barbi, 20a. to
10s. per gr. Oats, ley. to HA

- -
STOCKTON-ON-Tin. Oaf. 30.—The arrivala of grain into
tut port anginas Molted. At this dare market them was a large
show of Mind from the fanners. and Wined also a good attendance
of buyers the whole was noddy cleared off at the fall prima of this
day week. Grinding Barley In good demand. Oats meta slow sale,
at a decline of &I. to le. per qr. Beans in fair demand. In other
articles no change. Imports during the past week: Wheat, coast-
wise, CO qrs.; Barley, ousatwme, 100; foreign, 360; Gala, coat.
win, 100 qrs.
- - -

31.—Tho supply of Wbaat has paually
leamea duo the bliehatitals unreels, and prices to-day are fully
squat to thee' realised last week. The sverageo are: Wheat, 424.6 d.;
Barley, 25.. ; Oats, 205.; Pees, Hs. ; Beans, Ms. per qr.

. _
WArearoan, Gat 30 —Our train ustrket is ezottdingly
deg ke Wheat and Oats this week, end the former grain ie Id. to 2d.
per kris cheaper. Indian Corn, on the other band, to In brisk de-
mand, and the turn dearer.

OL•600W, Oct 30.—The arrive!' front Ireland since the
date of our last report have bore empty, pertly In consequence of a
prevaletme of easterly winds ; but from transatlantic porta 6,176 brie.
Flour bace come to hand, 3,634 kis, being from New York, and 2,643
brie. from Canada. Vio Grangemouth, 2,676 cps. Barley and 1,013
meta Flour, coastwise, and 2,374 qrs. Wheat from abroad comprieed
the chief imports. The intervenuois of a fastaday sod its attendant
holidays having interrupted the usual course of business, the
trade has been in • quiet state, with seemly any walation in prices
during the pest week. This day's market was devoid of activity, the
demaed for old Wheat being quite et a retail character, without
ehoage In prim. For new Wheat than was a good inquiry, and lino
quads wood onataand higher rata Back Flour was offering on
easier terms, the American being relatively cheaper. Outs, Earley,
awl Beans were each I. moderate request at steady prime.

CATTLE, Ao.—Nswanic. —At the fortnight fat-stock
market as Tuesday there was a rood show of stock, bat the Bale was
dull. A goal deal of basiwas was done at about but market's Floes.
There were 284 Sheep sad 37 Mast paned.

SALYOnD, Ott. 30.—Best Heirets sold well et the eautarl
prime; mlddl ni met with dull male, Calmsy left unauld. Drat
welters mat ready tale; swat dull eels.d. per lb. lem than
last week. Bat, 30. to Md. Mntton. ad. to bid. per lb.

Oat 31.—We have had a very heavy supply of
Sheep sod Beasts, aod at Pip moderate. There INA on sales &-
wad kw Sheep, sad prices were id. to ltd. dearer. Beet dna at late
prim. Pork dull, sad 6d. per rune lower. Mutton, ewe„ W.;
wetter, 6d. to bid. per lb. Beef, 6e. 6d. to Is. pet stone. Park,
4a.64. Per Maas.

EDINBORO/1, Oct. 30.—Thh market was largely 'applied,
principally West nighlenders, the number 523, befog 9 Ives then but
market, a great proportion of which were of very Inferior quality.
What was really good brought readily re. per Dutch atom; current,
6e. 6d. ; roiddhag and inferior, from le. to 6s. A goad clearance
'fractal. The supply of Sheep this morning was gun large, there
being 5,929, or 0130 more than last weak. Salm were doll, and a clear-
ance visa not effected, but last week's prices were maintained. Top
price of the best Mutton, Id. per lb. ; secondary aorta, id.; inferior,
from 3d. to 31d.

KiNnOSS.—Ceuta AND !Julian BURNET, Oct. 29.
The day being highly favourable, the attendance and show
of cattle were lager than has been seen for many years put ;
exoteding those of June and July. In fat, Mr. Floekbart,ot
Annafriech, sold a lot of four queys, at 111. 64.; Mr. Ewan,
Bbanwell, two lots of queys and stow, at 101. 10s. and
91. 65.; Mr. Hay, Balleave, a lot of quays, at 101. 10s. ; Mr.
B allingall, Segni., a lot of quo) e, at 91.61. ; various other
lets being from 91. to 101., and &considerable demand, prices
being from 6s. to 6r. 6d. per stone, Dutch, sinking the offal.
Of loan stock the sale for the first hour and a half war ex-
cuttingly dull; but towards one, p.m., there was a stir, and
various large lots, two-year-olds, went off the ground at
ores Varying from 41. to 71. ; a few superior, at 81. and up-
wards. Ode fine lot of Highlenders, two year-olds, we saw,
but did not learn if they met with a purchaser. Onicyder-
old and six quarters, from 60s. to 31. Two very superior
markt were sold by Mr. &Auks, at 61. 61. and 61. 17s. 6d.
Mitch rows brought from 61. 10s. to 81. Ba. In the horse
market there app,azid to be a good deal done, the turrtout
being so numerous in proportion as cattle. The best work
boron ran from 301. to 361.; medium, ftom 161. to 241.;
inferior, at all prices.