Northern Times.
Liverpool, Merseyside, England, 1859-08-22 00:00:00

the past

Upon the whole, prices may be loorced—upon as
firmer, and there is a better
vailing in the market

tone generally pre-

During the past week the movements of specie
have been of an important character. The im-
ports have reached £652,616, including £72,000
from the United States, by the Ariel; £90,000 by
the Africa; £24,260 by the Borussa ; £74,280 by
the Jura ; and £39,860 by the New York. The
Southampton, from Melbourne, has brought
£118,216; the Amazon, from the West Coast of
Africa, £4,000; the Parana from Mexico and the
West Indies, £160,000; and about £70,000 in

gold has been received from Russia. The exports
have been—£lsl,97o to Valparaiso, by the Shan-
non ; £710,054 to the East Indies and China, by
the Ceylon; £45,200 in gold to Cadiz; and ship-
ments to the Continent, through the London
Custom-house, estimated at £5,059 ; making a
total of £912,283. _ _ _

The half-yearly meeting of the Great Northern
Railway Company was held to-day, Mr.
E. B. Denison, M.P., chairman of the Board of
Directors, presiding. The report read showed
that the total expenditure on capital account to
the 30th June last amounts to X 11,470,811 3s. 3d. ;
the expenditure of the half-year in the same ac-
count being £64,757 13s. 4d. The total receipts
of the half-year amount to £596,938 15s. 5d., as
against £587,027175. 7d. in the corresponding half
of 1858 ; and the total expenditure to £330,242
15s. Bd., as against £327,193 1 ls. sd. After de-
fraying the fixed charges there remained £81,282
2s. 6d. available for dividend on the original A
and B stocks ; the directors, therefore, recommend
a dividend at the rate of £3 7s. 6d. per cent. per
annum on the original stock; yielding £3 per
cent. for the half-year for the B, and 7s. 6d. per
cent. to the A; leaving £337 3s. Bd. to be carried
forward to the next account. After some discus-
sion, the report and accounts were agreed to.
There was a meeting of the Great Ship Com-
pany,to-day, for the purpose of agreeing to the
issue of, the remaider of the capital, (£30,000,)
so as to despatch the vessel on her voyage. Some
discussion took place as to the statement made
by Mr. Magnus that the ship was not seaworthy,
but, after an emphatic denial on the part of the
directors, the resolution for issuing the shares
was agreed to by a vast majority.
The dividend on the stock of the North British
Railway Company is officially announced at the
rate of 3 per cent. per annum, with a balance of
£650, against 211 per cent. per annum at the cor-
responding period of 1858, and the dividend on
Eastern Counties Railway stock at the rate of 2fr
per cent. per annum.
The total Railway Traffic Returns this week
were £538,849 2s. 4d., on 9,189 k miles, which
produces an average o £5B 12s. 91d. per mile.
For the corresponding week last year, the receipts
were £512,473, which, having been earned on
8,840 miles, gave an average of £57 19s. 51d. per

THE BIRKENHE.

D RAILWAY

The following are understood to be the heads
of the agreements to be entered into between the
Birkenhead Railway Company on the one side,
and the London and North-western and Great
Western on the other :
" 1. All the railways, with the stock, plant, &c., and
other property of the Birkenhead Company, to be trans-
ferred to the two companies,' and to take effect from
the Ist January, 1860.
"2. The line and plant, &c., to be delivered over in
proper condition, and no property or land to be disposed
of by the Birkenhead Company in the mean time with-
out the consent of the two companies.
" 3. Dividends to the Birkenkead proprietors in re-
spect of the revenue during the year 1859 to be made
by that company out of their actual profits, after pay-
ment of all proper maintenance and other charges and
expenses.
"4. The two companies, as from the Ist January,
1860, to assume the Birkenhead debenture stock mort-
gage debt, and liabilities on capital account, not exced-
ing on the whole £512,000.
'5. The two companies to pay half-yearly, as from
Ist January, 1860, dividends upon the Birkenhead ordi-
nary share capital, not exceeding £2,000,000, after the
rates following, viz. :—For the years 1860 and 1861, 21
per cent. per annum, for the years 1862-65, 31 per
cent. per annum ; for the year 1866, and thereafter, 4
per cent. per annum.

" 6. If;during the year commencing the Ist of January,
1860, the earnings of the Birkenhead Railways, after
deduction of the interest on the debt, and an estimated
per centage for working expenses, shall not exceed 21
per cent. per annum, then the next higher rate of 31
per cent. per annnm shall commence and be paid in
respect of the year 1861 ; the certificate of the auditors
of the two companies on that point being final and con-
clusive."
The London Wool Sales, held to-day, have
gone off briskly at very full prices. The attend-
ance of buyers continues very large.