The Sun.
London, England, 1867-08-14 00:00:00

LONDON AND BLACK WALL.

The half-yearly general meeting of this company
was held yesterday at the London Tavern—Mr.
Macnaughten in the chair.
The report, an abstract of which has appeared in
The Sun, was taken as read.
The CHAIRMAN, in moving the adoption of the
report, said in these days of railway depression,
when many lines paid very small dividends, and
some none at all, he thought the shareholders might
be congratulated on possessing a well secured in-
come of 41. per cent. per annum. They would see
by the report that an attempt bad been made to
impair that security, but it had proved abortive.
On the other hand, the directors bad incurred ex-
penses to protect their just rights, and he was quite
sure that the shareholders would incur further ex-
penses for that purpose. The directors were not in
a position to distribute freely the balance to the
credit of profit and loss. They had repeatedly
brought the subject under the notice of the Great
Eastern Board, and there was every probability that
they would soon come to a settlement.
The report was then adopted, and after a formal
resolution by Mr. Parsons as to holders of Great
Eastern stock forfeiting their seats at the Board, the
dividend was declared, and a vote of thanks to the
chairman concluded the proceedings.

GREAT SOUTHERN AND WESTERN.

The half-yearly general meeting of this company
-was held on Saturday at the King's-bridge station,
Dublin ; Mr. W. liaughton, the chairman, pre-
sided.

The report, an abstract of which has appeared in
7he Sun, was read by the secretary.
The CHAIRMAN, in moving the adoption of the
report, said he hoped they had all carefully exa-
mined the statement of accounts, as they contained
everything essential to give correct information with
respect to the affairs of the company. It was sa-
tisfactory to find a substantial increase in the traffic
for the past half year, and it was the more satisfac-
tory as it was unexpected. If they had known
when they last met that an insurrection would have
broken out in the country, extending over every
portion of it traversed by their railway, they would
scarcely have expected this increase. However,
they had an increase in the traffic of the line,
from which he inferred that the parties engaged in
that insurrection had no influence over the trade and
commerce of the country. (Hear, hear). The cattle
traffic, which had gone back for several years, had
suddenly sprung up to its normal condition. The
goods traffic was the largest they had ever had on
the line ; so also was the pig traffic ; the sheep
traffic was also increasing, but not in the same pro-
portion as the others. In military traffic there had
been an increase of £3,400, but a very large portion
of this had been absorbed in additional expenses
attendant on the Fenian insurrection, in conse-
quence of which they had been obliged to send out
pilot engines, and keep relays of men along the line.
They had also given gratuities to every servant of
the company who had performed his duty with
fidelity. (Hear, hear.) Ile was happy to say that,
with very few exceptions, they had done so. He
ought to mention, as an instance, that during the
Fenian insurrection there bad never been any delay
in the conveyance of the military from one station
to another. In fact, he believed that the benefits
conferred by their company, and by the Magnetic
Telegraph Company, had been incalculable, for
without their aid it might have required a large
army for many months to accomplish the same ends,
and that with great loss of life. The loss in the
fish traffic had been exceptional. It did not arise
from any deficiency in the ordinary fishing arrange-
ments on the coast, but from the mackerel and
iu the usual quantities. /11
other fish not coming