The Sun.
London, England, 1864-08-25 00:00:00

SOUTH-EASTERN RAILWAY.

Half-yearly Meeting—This Day.
The ordinary half-yearly meeting of the proprietors o
this company was held to-day at the Bridge Howe Hotel—
James Byng, Esq., in the chair.
The report, which has already been published, having
been taken as read,

The CHAIRMAN, in moving its adoption, said the direc-
tors had done their best to maintain the receipts, but certain
heavy works and other causes had led to increased expendi-
ture, but notwithstanding the increased outlay the directors
Were enabled to declare a dividend of per cent. less than
Usual, but which was the same as paid two years ago.
The outlay of twelve millions of money by an oppo-
sition company in duplicating the line to Margate,
Ramsgate, and other places had of course led the directors
to make fresh exertions by opening up new lines in order to
teutralise the efforts of the opposing company. The result
of the making of the London, Chatham, and Dover Railway
had led to a considerable loss, but the directors of the
South Eastern had the greatest confidence that the
diminution would be but temporary. (Hear, hear.) The
completion of the Charing-cross station had led to the best
results, although it had not yet realized the expectations
of the directors, but had the South Eastern remained at
London-bridge permanent loss must have been the result.
The chairman then alluded to other topics mentioned in the
report, and concluded by moving the usual formal
resolution.
Air. GORDON Trromrsox seconded the motion.

Ur. HAMILTON moved, as an amendment, that the
agreement with the Charing Cross Railway ba put an
04d to.

The amendment not having been seconded fell to the
IP.°llllcl, when the resolution of the chairman was carried
Unanimously.
A resolution for the payment of the dividend mentioned
in the report was then submitted to the meeting, and car-
-Iled unanimously.
the meeting was then made special, for the purpose of
considering the agreement between the South Eastern
Railway Company and the Charing-cross Railway Com-
pany for an amalgamation.

lIQNEY MARKET

AND

comiURCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK:

The mercantile public generally have felt no
astonishment by the announcement made by the
Bank of England directors, that their minimum
discount would remain at 8 per cent. There were
4evertheless a few sanguine people who did hope
that further concessions would have been made by
the authorities, although the ground upon which
they based their ideas appeared, to say the least,
"tenable. Their conclusions were only de-
duced from the abundance of money in the
market, and the fact that the brokers were
Ivorking about per cent. under the terms
charged by the Bank. They forgot to take into
account the condition which the market must by
end by assume, in spite of present abundance,
through the revenue payments and the advances to
be ultimately made by the authorities. Very little
laarprise or discussion therefore ensued when it was
found that no initiative would yet be made to
easier rates by the Bank. Out of doors today
there has been a larger number of bills brought
forward, but 7i and 7t per cent. are the quotations
I'cl' the best three mouths' bills.
A further sum of £39,000 in gold was taken into
the Bank yesterday.
The committee of the Stock Exchange have ap-
pointed Tuesday, the 30th inst., a special settling
day in the shares of the following companies :
Cadiz, Oporto, and Light Wine Company (for trans-
actions only entered into on and after the 7th June)
llnt to be marked, and in the Buxton Hotel
Company.
The subscription list of the Connecting Ship
Owners (Limi ced) will close for London on the 27th,
and for the country on the 29th inst. ; of the Abera-
taan Iron Works for London on the 27th, and for
the country on the 30th inst. ; of the Freemasons'
Tavern Company for London on the 31st inst., and
Tor the country on September 3d.
meeting of the shareholders of the Bank of
Ilindustan, China, and Japan was also held today
to consider the agreement with the Imperial Bank
of China, India, and Japan, and to ratify the reso-
lution for increasing the capital by the creation of
20,000 new shares of £lOO each at a premium of
£6. Ihe resolutions in each case were unanimoasly
carried.

A special meeting of shareholders of the Impe.
rial Bank of China, India, and Japan, was held to=
day to consider the agreement for an amalgamation
With the Bank of Hindustan, China, and Japan.
The terms of the arrangement are the issue of
20,000 new shares, of £lOO each of the Bans of
Itindustan, China, and Japan, to be issued to the
holders of shares in the Imperial Bank of China,
India, and Japan, at a premium of £6, £5 of which
i 4 to be carried to the reserve fund, and the re-
14aining Li to be applied to preliminary expenses.
dividend of 10 per cent. per annum, for the time
directors
Bank has been in operation, and four of the
irectors to be elected on the new board of the
Rank of Hindustan, ece.
The last week's raiiway receipts, ascertained up
lo this day, are, in round figures, as under
G
1864. 1863.
s
,eat Western 170,518 £63,927
w(srth-Western
eat Northern
Clcasliire and Yorkshire... 46,818 40,250
111.1.1t11- Western
.. 23,876 22,965
S° Bland .......... 49,574 46,105
il:411 Eastern ...... 28,397 29,630
Iszristol and Exeter
~7,5.51 7,414
k(2111 Eastern
ci.lehester, Shefdeld, and Linc01n...... 18,664 16,316
Iv'eat Rivera
."Ith .. 26,535 23.583
;'thew retu':ns are in most instances of a highly
!tisfactory character. On the Great Western the
grease amounts to £6,591, the Great Northern to
32. the North Western to £7,177, the Lancashire
134 d Yorkshire to £6,568, the South Western to
,'240, the Brighton to £9ll, the Midland to
u'46o, the Bristol and Exeter to £137, the North
11'tern to £8,232, the Manchester, Sheffield, and
Zl.Qcoia to £2,348, the Great Eastern to £2,095,
4a the North British to £2,952.

Two O'CLOCK.
4t Paria thia day, accr,rding to Mr. Reuter'a