The Express.
London, England, 1861-08-01 00:00:00

ELECTRIC AND INTERNATIONAL TELEGRAPH

COMPANY.

The half-yearly report of the directors states that
in February • large reduetioa we' made in the tariff with
many continental stations, which was entirely borne by the
Electric Telegraph Company; and during the half-year an
experimental diminution of rats. has been made at twenty.
one stations in England and Scotland. These reductions
have temporarily affected the revenue on those circuit', and
when, in addition to this, the general dulness of businem,
arising out of political causes in Arnerica and on the
Continent, is taken into account, it is satisfactory to
add, that the total revenue for the half-year exceeds
that of the corresponding period to the extent of 1,5271.
The expenditure has been increased by the additional
tiredness, and by parliamentary expenses, but the net profits
are 33,7:1:11., and the directors are enabled to recommend •
dividend of 3/. 10s. per cent., and to carry forward • balance
of 4,7571. out of the clear profits of the half year. This
balance, in accordance with repeated resolutions of the pro-
prietors, will be added to the renewal fund, which now
amounts, with interest, to :16,3601. The present addition
will increase it to 41,1171. The cables have worked well
during the half year, and have been free from casualty.
The directors hare not found it necessary, as was contem-
plated, to lay any new cables at but they are con-
firmed in the opinion of the non us em of the policy which
dictated the formation of a large reserve fund for this purpose,
in order to meet the insensible but certain decay which is
continually going on, and which moat, at some future time,
render it n to supply entirely new cables. The
general works of t e company are in good order, and have
been fully maintained. The company have been called on
to carry out • variety of minor extensions for railway com-
panies, and the directors have mitered into arningements
with the West Midland Medway Company to place the
telegraph on the Severn Valley and %1, orcester and Here-
ford lines. Upon the capital in all these extensions a fair
return is secured, by agreement with the railway companies.

G altar NORTHERN RAILWAY. —The directors
yesterday determined to recommend to the proprietors at
the general meeting on the 17th inst. to declare a divi-
dend for the half-year to the 30th June last at the rate of
31. 15e. per cent. per annum on the original stock, giving
for the half-year, 11. 17s. 6d. per cent. to the original stock,
34 per cent. to the B stock, and lbs. per cent. to the
A stock.
(Advertieement.l--RomowAr's Ourrtritrr m
Pmts.— II call by Complexion. —The rations blemishes. such as snit-
bum, freckles, and other cut aaeors affections, caused by exceed,*
heat, may he s 11,1 y and expeditiously reward by anointing the
affected spots each night at bed-time, tool rubbing some of the
Ointment into the glands about the neck. It Is :deep, advisable
to take lbdiown)*. tilts In alterative lees at the name time.
They assist the curative action of his Unions I nutmeat by regu-
lating the functions of the stomach and liver, and adjusting both
nervous and sanguinary clmulationr. Icy perseveriva with Ws
simple treatment for a few .Ims all roughness will disappear
from the face. and the skin will assume • naturslly cool, smooth,
fair, and silky appearance.