The Sun.
London, England, 1858-08-26 00:00:00

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LONDON, THCTIZSDAY EVENING, AUGUST 26, 1858.

EAST INDIA HOUSE, August 45.1 858.
THE COURT of DIRECTORS of the EAST
INDIA COMPANY DO HEREBY GIVE NOTICE, That a
SPECIAL GENERAL COURT of the said COMPANY will he bell at
their House in Leadenhall-street, on MONDAY, Aug. 50, 185,, at I
o'clock in the forenoon, for the purpose of submitting for the con-
firmation of the Proprietors the Resolution passed by the General
Court This Day ; approving an unanimous Rasolution of the Court
of Directors of the 11th instant; granting an Annuity of £2,1300 to
Sir Sohn Laird Stair Lawrence, Bart., G.C.B.
J.iD. DICKINSON, Secretary.

AUSTRALIA.—OVERL AND ROUTE, via
Malta, Alexandria, Aden. Ceylon, Melbourne, and Sydney,
from Southampton on the 12th, and Marseilles on the 18th of every
month.—For book of fares, to secure berths, and for all particulars
of the Royal Mail Steamships, apply at the Steamship Mee, 33,
Regent-circus, llecaddly, London, W.

PLIE, EAST INDIA TEA COMPANY, in
-a- expectation of their next Telegram bringing favourable news,
have reduced their quotations for Black or Green Teas to 2s. per lb.,
in Gib, bags—the lowest pric3 on record.—Warehouses, 9, Great St.
Helen's-churchyard, Bishopsgate-street.

DEAFNESS, NOISItS in the HEAD.—Dr.
WATTDItS, 32 Spring-gardens, Charing-cross, London,
guarantees to Cure Deafness in one examination, by a safe and
painless treatment unknown in this country. One thousand cures
can be referred to. Ilours of consultation, 11 till 4 daily. A book,
this day published, for country patients to cure themselves, sent
to any part on the receipt of a letter enclosing six postage stamps.

SPGRTING INTELLIGENCE.

EGHAM RACES. _WEDNESDAY.

THE BARONS' STAKES (Handicap) of 5 sovs each, with 50
added; for two-year-olds; winners extra; the second to
save his stake. T.Y.C. 26 subs.

-
Mr. Howard's Flitch, by Chatham, Bst 71b (Fordham) 1
Mr. W. Day's Syria, 7st 101 b (F. Adams) t
Mr. J. Edwards Nucleus, 7st
Tim following. also ran
Mr. Mellish's Margery Daw, Bst 71b (,T. Goater).
Cal. M9rtyn's filly by Pyrrhus the First—Faithful, Bst 7lb

(Plumb).
Prinve D. Sal tykoff's Varna' Bst 41b (Cresswell).
Mr. Craven's Newcastle, Bst 41h (French).
Mr. W. Day's Barometer, Sst 21b (Bray).
Mr. J. Lowe 's Wild Rose, B,t Glb (inc. 4lb extra) (Wells).

Mr. Hitelieu's R.sina, 8 t (Flatman).
Mr. H. Combe's Miss Flatman, Set (J. Mann).
Mr. R. E. Cooper's The Courier, 7st 121 b (Charlton).
Mr. Hall's Little Pickle, 7st 10113 (Pritchard).
Mr. Barnard's Nutfield, 9lb (Swift).
Mr. Mellish's Greek, let 7th (Custance).
Count Batthyani's The Northern Light, 7st (H. Bradley).
Mr. Land's Oracle, 7st (Salt).
Mr. R. King's Bounce, 7st (W. Bottom).
Betting-2 to 1 agst Wild Rose, sto 1 agst Nucleus, 6to
1 agst Newcastle, and 100 to 8 each agst Nutfield, Mitch,
Syria, and Northern Light. Won easily by a length; a
dead heat for second place Nvith Syria and Nucleus; Varna
was a good fourth ; Nutfield was fifth. The last lot com-
prised Margery Daw, Little Pickle, The Greek, and The
Faithful filly. The last named animal did not pass the post.
Tun TowrT PLATE of 50 says (Handicap). Straight half

RAILWAY -I.ATTELLIG.EACE.

BRADFORD, WAKEFIELD, AND LEEDS.

Thu report of the direct Ors of this company. states that
the expenditure on capital account to the 30th of June last
amounted to £22l 695. The revenue account shows that
the actual net earnings of the railway for the three months
ending the 30th of June last were £2,691, the interest on
loans £970, leaving £715 fur dividend. A dividend of 41
per cent. per annum will absorb £1,673, and leave £42.
The directors state that there are some claims by this com-
pany on revenue account from the two companies working
the line, which are objected to by those companies, and
which will, in all probability, have to be settled by arbitra-
tion. All such matters are kept out of the quarter's re-
venue accounts, and therefore the accouut.named as being
available for dividend is free from uncertainty, and the
directors expect that a material addition will be made to
the balance whenever a final settlement be made with the
two companies. The contest between the Great Northern
and the Loudon and North-Western Company had deprived
them of nearly the whole of the passenger traffic between
the West Riding and London.

satisfactory to the proprietors, and give them cotifidence in
the future prosperity of the company,"

EAST KENT.

The report by the directors to be presented to the share-
holders on Monday, the 30th August, says :
The directors have the pleasure of reporting that the Wes-
tern Extension Bill, authorising this company to construct a
line from Strood to St. Mary's Cray or Bickley, and giving
them running powers over the Crays and the West-end and
Crystal Palace lines, received the royal assent on the 23d
ultimo. The Victoria Station and Pimlico Railway Bill;
which extends the West-end and Crystal Palace line to a
station near Buckingham Palace, has also received the
royal assent. The Crays company have ceded to this
company, their right of making the, two miles of line
between Bickley and St. Mary's Cray, and have un-
dertaken to double within 12 months the line be-
tween Bromley and Bickley now open as a single lice.
The directors have entered into agreements with the Crays
and the West-and and Crystal Palace Companies as to the
tolls to be paid for running over their lines, by whick the
East Kent are to fix the fares, and those companies to re-
ceive a mileage proportion of the same less 20 per cent. for
locomotive expenses and wear and tear of rolling stock.
The proprietors have already confirmed the agreement en-
tered into with the Victoria Station and Pimlico Railway
Company, and the promoters of that line subsequently con-
sented to the insertion in their act of the followicg clause
for the protection of the interests of all parties :—" And in
case any dispute shall arise between the companies with re-
ference to the matters contained in this provision, the same
shall be determined by the Board of Trade or by an ar-
bitrator appointed by the said board, and the rercement
shall be subject also to realaion, lvtretrer temporary or
permanent, with referenhe to the rate of payment per
passenger to be made by the East Kent Railway Com-
pany to the company in any event in which it shall ap-
pear to the Board of Trade that circumstances have arisen
with reference to the traffic carried by the East Kent Rail-
way Company which make such rate of payment unreason-
able as regards suchlast-named company, and the terms
and extent of such revision, if not agreed between
the respective companies, shall be determined by an
arbitrator to be appointed by the said Board of Trade."
Mes.q.s. Peto, Betts and Crampton have executed a contract
to complete the Western Extension line ready for opening
to the satisfaction of the Board of Trade by the Ist October,
1860. The whole of the capital required for this line has
been satisfactorily placed. The permanent survey is being
proceeded with as rapidly as possible. Possession of the
necessary land will he obtained by the Ist October next,
and the works will then be at once commenced throughout
the line. The proprietors may be assured that by the Ist
October, 1860, they will have open for traffic a continuation
of their line from Strood to the new station in the neigh-
bourhood of Buckingham Palace entirely independent of
any hostile company, and thus the direct and independent
route from the metropolis by Chatham, Faversham, and
Canterbury, to Dover, which the county of Kent has so long
contended for, has been at length secured. Great inconve-
nience has resulted to the public from the violation by the
South-Eastern of the traffic arrangements which they en-
tered into with this company in January last. The direc-
tors seeing the great inconvenience which would result to
the public from the course which the South-Eastern Com-
pany were about to pursue, requeste I them to continue the
existing traffic arrangements until the Board of Trade
should give their decision, but they did not even reply to
that request. The directors have appealed to the Board of
Trade on the subject, under the 42d clause of their
Act of 1853, and the matter now awaits the decision of that
tribunal. This conduct on the part of the South-Estero
Company most strongly proves the justice of the decision
of Parliament last session in granting the Western Exten-
sion line, on the ground that the public convenience int-
peratively required that the East Kent Company should
have an independent access to the metropolis. The traffic
returns between Strood and Favershatn are very satisfactory,
and although the line has been working hut a few months,
the receipts are considerably larger per mile than on many
other lines of railway, which is the more satisfactory when
it is considered tkat the line not being at present open be-
yond Faversham, is dependent for its revenue entirely on
the local traffic of the district. The subjoined statement
shows the receipts per month and the steady increase in the
traffic from the commencement :—Six days ending Jan. 30,
£:211 7s. 5d.; ditto Feb., £725 6s. 11d.; ditto March, £712
17s. 3d. ; ditto April, £1,448 13s. 9d. ; ditto May, £1,309 lls.
10d.; ditto June, £1,807 4s. 11d. ; total, £6,215 2s. ld.
Looking to the above returns and the usual increase in rail-
way traffic the directors consider that the local traffic alone,
even before the line is completed to Canterbury and Dover,
will be very considerable, more especially when the traffic
from Sheerness is brought upon it, which they believe will be
the case in a few mouths. The directors, feeling that the
completion of an independent route to the metropolis for
that portion of their line which is already open wits of the
greatest importance, directed their earnest attention to the
effecting that object, but they have not lost sight of the im-
portance of completing their line to Canterbury and Dover.
With this view the directors have obtained extended powers
from Parliament for dealing with the forfeited and unissued
shares which they trust will enable them within a very short
period to raise the necessary capital. Resolutions for giving
effect to these powers will be submitted to the meeting. In
the meantime the works at Eosden tunnel and cutting are
proceeding satisfactorily, and are so far advanced that the
whole line may be completed in twelve months from the
present time. The hostile attitude assumed by the South-
Eastern Company and their apparent determination if pos-
sible to obstruct the traffic of this line even to their own
injury has occupied the attention of the board. After
mature consideration they are induced to ask the proprietors
to invest them with authority to apply to Parliament,
if necessary, in the ensuing session for such powers as will
enable them to develop the traffic on the line and to secure
proper accommodation for the public."
The revenue for the t,ix months appears to have been
£6,303 193. 10d., and the expenditure £.3,327 17s. Bd.;
leaving a net revenue e1.E876 2s.
The following is the general balance-sheet:—
DR.
To out-standing accounts due by
capital £25,463 0 7
Less amount due
to capital ...L12,876 1 7
Ditto on account
of revenue.... 3,952 16 8
--------L16,831 17 10
--VAG 2 9
_

To out-standing accennts due by
revenue £6,228 8 3
Less amounts due to revenue - 112 1 0
--.0,116 7 3

£14,75210 0

Cu.
By balance. of capital account 0,636 2 9
By stores in hand
By evil at bankers 1,399 6 5
By balance of debenture interest account 4,647 4 1

£14,752 10 0

EDINBURGH, PERTH, AND DUNDEE.
The half-yearly meeting of this company was held at
Edinburgh on Tuesday—Mr. Balfour in the chair.
The CHAIRNIA.N expressed regret that the directors had
not a more prosperous statemeat to exhibit, but said the
falling off is their revenue was only what they had experi-
enced in common with other companies. Their passenger
traffic had been all along exceedingly pod, and he was not
without hope that the gocds traffic vvothici soon recover from
the depression beto which it bad fallen. The report showed
that the gross revenue for the past half-year was less by
£5,275 than that of the first half of 1857, but, on the other
hand, the expenses were less by £8,3•24, the half-year now
closed being therefore better than the former by 13,040.
This would have placed the ordinary shareholders in a good
position had it not been for au increase of £5816 in the
debenture interests and preference dividends for the last
half-year, which id,: the company in a worse position to the
extent of £.2,597. Considerable progress had now, how-
ever, been made in renewing these debentures, and
many of them at more favourable rates. Last year
the directors had expended £15,000 on repairs and re-
newals of plant, a;ain.t £lO,OOO in the corresponding half-
year, which evinced the directors' determination to main-
tain the line in a state of efficiency. The chairman con-
eluded by moving the adoption of the report.
Si: W. DuNn.an, M.P., seconded the motion, which was
unanimously egret d to.
The CHAIRNiAN next moved the payment of the iota: est
on the debentures and preference shares in accordance with
the recommendation et the report, all payable on and after
the 7th of September.
This resolution was seconded by Provost TAYLOR, of
Leith, and agreed to.
A vote of thanks to the chairman closed the proceedings.