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—
'apses Bynss, Esq., in the chair.
The report, which has already been published, having
l'een 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-
'lll.9, but notwithstanding the increased outlay the directors
here enabled to declare a dividend of per cent. less than
118:141, 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
, make fresh exertions by opening up new lines in order to
neutralise 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
"laliaution would be but temporary. (Hear, hear.) The
completion of the Charing-cross station had led to the beat
results, although it had not yet realized the expectations
cr the directors, but had the South Eastern remained at
lietdon-bridge permanent loss must have been the result.
The chairman then alluded to other topics mentioned in the
°Port, and concluded by moving the usual formal
resolution.
GoRDON THOMPSON seconded the motion.
kr. ll,ltivrox moved, as an amendment, that the
agreement with the Charing Cross Railway be put art
cad to.

The amendment not having been seconded fell to the
tron d
, when the resolution of the chairman was carried
unanimously.
A resolution for the payment of the dividend mentioned
ill the report was then submitted to the meeting, and car-
11`
-'4 unanimously.
The meeting was then made special, for the purpose of
!)tsidering the agreement between the South Eastern
Railway Company and the Charing-cross Railway Corn-
-13411 for an amalgamation.

ONEY MARKET

AND

00'/.TMVACIIIM INTELLIGENCE,

CITY, TWELVE O'CLOCK:

The mercantile public generally have felt no
11:tenishment by the announcement made by the
'eck of England directors, that their minimum
(14eonat would remain at 8 per cent. There were
nevertheless a few sanguine people who did hope
that further concessions would have been made by
e authorities, although the ground upon which
they based their ideas appeared, to say the least,
11111El:table. Their conclusions were cnly de-
'teed from the abundance of money in the
and the fact that the brokers were
11.4 king about ?3,- per cent. under the terms
charged by the Bank. They forgot to take into
account the condition which the market must by
:led by assume, in spite of present abundance,
he
the revenue payments and the advances to
e ultimately made by the authorities. Very little
lu
ttlrPrise or discussion therefore ensued when it was
°ncl that no initiative would yet bo made to
Ceder rates by the Bank. Out of doors to.day
there has been a larger number of bills brought
forward, but 71 and it percent. are the quotations
for the best three months' bills.
, 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
4sl' in the shares of the following companies
c
Oporto, and Light Wine Company (for trans-
ctieca only entered into on and after the 7th June)
-,(4 10 be marked, and in the Buxton Hotel
Company.
The subscription list of the Connecting Ship
0
virlere (Limited) will close for London on the 27th,
and for the country on the 29th inst. ; of the Abera-
ac Iron Works for London on the 27th, and for
Tavern
country on the 30th inst. ; of the Freemasons'
ittvern Company for London on the 31st inst., and
for the country on September 33.
A. meeting of the shareholders of the Bank of
-tiandustan, China, and Japan was also held today
to consider the agreement with the Imperial Bank
0f China, India, and Japan, and to ratify the reso.
lotion for increasing the capital by the creation of
20,000 new shares of £lOO each at a premium of
£6. The resolutions in each case were unanimously
carried.

A special meeting of shareholders of the Impe.
till Bank of China, India, and Japan, was held to=
day to consider the agreement for an amalgamation
kith the Bank of Hindustan, China, end Japan.
The terms of the arrangement are the issue of
21,2,000 now shares, of £lOO each of the Bans of
,7,industan, China, and Japan, to be issued to the
Iders of shares in the Imperial Bank of China,
i"ttdia, and Japan, at a premium of £6, £5 of which
i'
-3
to be carried to the reserve fund, and the re-
£l to be applied to preliminary expenses.
4,(ls.'ridend of 10 per cent. per annum, for the time
t`fl Bank has been in operation, and four of the
d
ireztors to be elected on the new board of the
of Hindustan, &c.
Ile last week's raiiway receipts, ascertained up
t 0 this day, are, in round figures, as under:-
1864. 1363.
Q: -at Western
t`'ea it Li-Western
t Northern
RVle aspire and Yorkshiret
131 P, 1- Western
Ok:Aton
Ind
ltt',l Eastern
Iv lilt )1 and Exeter
Eastern 68,281 60,049
ql,4ol,ster, Sheffield, /and Lincoln '8,004 16,316
eat Eastern
'Jrth. British' 26,535 23,583
Tt ese returns are in most instances of a highly
i:4lBfactory character. On the Great Western the
4erease amounts to £6,591, the Great Northern to
(32, the NY. th Western ;oo £7,177, the Lancashire
4r
31 Yorkehiro to £6,565, the South Western to
the Brighton to £9ll, the Midland to
'439, the Bristol and Exeter to £137, the North
elnteru to £8.232, the Manchester, Sheffield, and
aeoln to £2,348, the Great Eastern to £2,093,
4(1 the North British to £2,952.

Two o'CLocK.
At P6ri,i, this 1147, according to Mr. Renter's