The Sun.
London, England, 1859-02-24 00:00:00

SOUTH-EASTERN RAILWAI.

HALF-YEARLY MEETING—(THIS DAY).
The ordinary half-yearly meeting of proprietors was held
this day at the Bridge-house Hotel, London-bridge—J.
Byng, Esq., in the chair.

Th report, which has already appeared in The &in,
having been taken as read,

The CHAIRMAN said it was gratifying that the gross re-
ceipts for the past half-year had increased by upwards of
£18,500 compared with the corresponding half year of 1858.
The hon. gentleman then alluded to other items mentioned
in the report, which stated that the total outlay on capital
account had been £26,860 ss. 4d. ; the principal items of
expenditure having been incurred in providing additional
goods waggons and in erecting permanent instead of timber
stations at Maidstone and Margate. New stations have also
been provided at Belvedere, on the North Kent line ; at the
North Camp, Aldershot ; and at Wellington College, Sand-
, hurst ; the expenditure on these accounts having previously
received the sanction of the proprietors. An expenditure of
£578 13s. 6d. has been incurred in providing a slipway at
Folkestone harbour for facilitating the repairs of the com-
pany's steam packets ; and the sanction of the proprietors
is requested to this outlay. The directors are proceeding
with the sale of the company's surplus lands as favourable
opportunities occur ; the amount realised from this source
during the last half-year has been £7,601 17s. Bd. Mean-
while, from the remainder of surplus property undisposed
of, a satisfactory rental continues to be derived. The pro-
vision of a convenient West-end terminus for the passenger
traffic of the South-Eastern Railway has been repeatedly
brought under the notice of the proprietors. At the
special meeting held on the 9th of July, 1857, the directors
informed them of the pledge which they had been required
to give by the committee of the House of Commons that
they would " recommend their proprietors to promote,
or concur in the prosecution, in the next session of Parlia-
ment, of such a echeme as should effectually supply access to
the West-end of London, and so complete the system of
railway communication for Kent and the Continent." At a
subsequent meeting, held on the 25th of February,
1858, the extension of the South-Eastern lines of
railway from London-bridge to Charing-cross was dis-
cussed ; and the proprietors were then informed of the pro-
bability of a company being formed for the purpose of
carrying out this object. Since then a company has been
formed, plans of the projected railway have been prepared
and deposited, and the necessary steps have been taken
to proceed with the bill in the present session of Parliament.
The provision of such a terminus would, in the opinion of
the directors, not only fully satisfy the requirements of Par-
liament with reference to a convenient West-end terminus
for South-Eastern purposes, but would materially strengthen
the-position of the company, and largely increase its traffic,
by bringing. the railway into direct contact at many new
points with The population of the metropolis ; and the direc-
tors recommend the proprietors to authorise the subscrip-
tion by the company of such an amount of capital in the
undertaking as will enable them to secure for South-Eastern
interests the full advantages to be derived from the forma-
tion of the proposed railway.
The report, after some discussion, was agreed to.
After the other buiiness mentioned in the report had
been disposed of the proceedings terminated.

THIS DAY'S MARKETS.

CORN EXCRBNGE.

IMPERIAL WEEKLY AVERAGES. Wheat, 40s 10d;
barley, 33s lld ; oats, 238 ld ; rye, 32s Ild ; beans, 42s
10d ; Mad peas, 42s 3d.
THE SIX WEEKS' AVERAGES. Wheat, 41s 2d ;
barley, 33s 5d ; oats, 22s Od ; rye, 31s 5d ; beans, 40s 7d ;
peas, 41a 9d,
ENGLISH GRAIN SOLD LAST WEEK.—Wheat, 113,409;
barley, 77,143 ; oats, 14,424 ; rye, 46 ; beans, 7,157 , peas,
1,340 quarters.