The Sun.
London, England, 1868-05-15 00:00:00

Aontevidoan 6 per Cent.
Imperial 5 per Cent
Now Granada

Uo 3 per Cen —
Do. Defor-ed
Do Laud Warrants (Hectares)
Peruvian 5 per Cent. 1865 B3 2 31
Do Account ..
Do 4} per Cent. (liribarren)
Do 4 per Cent.. 1€ 62 -. —
Do Account
Portwzuese 3 per Ct., 1853, '6, '7, '9,'6(),'2,'
Do. do., 1'67 4oi
Do. do., Scrip, £2O paid —
.. ~

Russian 5 per Cent., 1822, St
Do 41 per Cent. 185 U
Do 41 per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1462
1)o. Anglo-Dutch, 1864, £lOO Bonds.,.
Do. do. £Bl 15s. d 0..,:
Do., Do., 1866, £lOO Bonds B7
Do. £Bllss. do —
Do Nicolas Itailway 63i 1 I
s.rtrolnito4 v I.f Gent
Spanish 3 per Con . .
Do Acc,,unt
Do Now Dcforron
Do Account
Do l'ss:sive
Do Ace. ant
Do C4:m. Cert. of Cott; . not fuLded ...
Do Account
TuAtish 6 per Cent.
00 Account
Do 6 per Cont. 1858
Do Account
Do £lllO Bonds

37}
3-11

Do 6 per Cent., 1862 •••
Do Account
Do ..£IOC Bonds 641
Do. 1863 --
Do 5 per Ocnt., 1865 —
Do Account
Do 6 per Cent., 1865 .
1.),, 1 per Cent., Guaranteed -
Venezuela, 3 per Cent. —
Do 6 per Cent., 1862
Do 6 per Cent. 1864
Do. 4 per Cent. Certilicateb ..... —
Dividends on the above payable in London.
Belgian. 44 per cent., Ex. 25f.
Dutchii per Cent. Ex. 12 Guil, B6l 74

Do Account
French Rentes, 3 Der Cent., Ex. 25f.
Austrian a per Cent. Ex 10 Florins
ltglitin 5 per Cent. 1831, E. 65i.,
Do. Account 4Bf
TWO O'CLOCK.
Consols, Money 94
Do. Account, 4th Juno 92i 3 '

RAILWAY INTELLIGENCE.

SOUTII-EASTERN.

A special general meeting of this company was
held yesterday at the.CityTerminus Hotel, Cannon-
street, to consider two bills now before Parliament
—Mr. E. NV. Watkin, M.P., in the chair.
Mr. CHUBB, the secretary, having read the notice
convening the meeting,
The CHAIRMAN said there were about 6,000 pro-
prietors in the company, and not more than 60 of
them were present in tha,t large room, notwithstand-
ing that the secretary had sent a circular to
every one in the company. That was done with
the view of obtaining a large attendance of pro-
prietors. The business they bad to transact was
so serious that he would reserve the statement
he intended to make for the adjourned meeting,
which he proposed should be held there on the
28th inst. The absent shareholders would read an
account of the proceedings at this meeting, and he
hoped they would attend the meeting of proprietors
on the 28th inst. He trusted that the most inte-
resting part of their history would shortly be re-
duced to union and peace. For years they had
been involved in disputes and Parliamentary con-
tests, which had reduced an excellent dividend of 6
per cent. per annum to one of about 3 per cent.
They were now going to do what they should have
done years ago—co-operate with others to serve
the public better and to improve the dividends of
the shareholders. His first connection with the
company was against his own wish, but at the
strenuous request of friends. He had to go abroad
for a few months soon after, and during his absence
the board haddeposited a bill for the line toßrighton,
the abandonment of the power to make which he
would that day ask their sanction. The bill was
ob-
tained to check the aggressive policy of the Brighton
Company. He had instituted a negotiation with Mr.
Schuster, the chairman of the Brighton Company,
to bring about an arrangement for fusing the two
concerns. He was sorry to say that that endeavour
had been thrown over by the influence of certain
parties iu the Brighton Company, by means of
something like a conspiracy. He would go further
into that matter at the next meeting. The princi-
pal Bill they had before Parliament was for estab-
lishing a working union of the South-Eastern and-
London, Brighton, and South Coast Railway Com-
panies,—for affirming an agreement of the compa-
nies in that behalf, and for authorising the admis-
sion of the Loudon, Chatham, and Dover Company
into the union. The South-Eastern Company's ca-
-1 ital account was now practically closed, and their
new line, which bad been so long delayed, was now
in full operation ; their tidal and express trains
passing over it rapidly was a great advantage to the
public and comfort to the passengers. The com-
pany had just completed an expenditure of
£5,000,000 to accommodate the public and to de-
velope the traffic. lie trusted that by patient and
quiet management they would not only be
able to restore the old rate of dividend, but to
accomplish a higher rate. A copy of the Union
Bill had been sent to every shareholder, and it
would depend on Parliament as to its being passed.
The Bill had been most carefully gone through by
Mr. G. Leeman (who was not only a very experi-
enced lawyer, hut well acquainted with railway mat-
ters), Mr. Eborall, their general manager, and
himself. At present the bill extended to 95 clauses.
Although it bad been so carefully prepared he
would not advise them to accept the bill if toll
clauses were so much interfered with in the Lords.
He wished to give the shareholders full power of
voting out directors, and of giving the joint com-
mittee power to vote out members if deemed expe-
dient for the interests of the undertaking, but some
alteration had been made in that clause. There was
power to make agreements with the London and
North-Western and Great Northern Railway Com-
panies for using the lines, provided they would
grant similar facilities to the united company. He
then went minutely through every important clause
in the bill, which had been 28 days before the
Commons Committee, during which 14 petitions
had been presented against it. The bill of costs
would be made out and submitted before the share-
holders would be asked for their final vote. Each
member of the joint committee would be required
to hold £2,000 ordinary stock and £3,000 other
stocks in the company represented by him,
making £5,000. The South-Eastern Company
would have five members, the Brighton five
members, and the Chatham three members, making
together 13 as the number of the joint committee,
and they intend that each company should pay the
cost of obtaining the Union Bill in that proportion.
There was power to revise the proportions of traffic
on each of the old lines at any time, instead of

waiting till the end of five years, as originally pro-
posed. The debenture interest would be paid into
the bank every week, and would be audited con-
tinually by Mr. Waterhouse, and kept as a separate
department.' There would be no capital expendi-
ture without the mutual assent of both Boards. A
provident savings-bank would be instituted for the
companies' men, and 4 per cent. interest allowed on
deposits. He then described bow well this system
had worked in another company for the advantage

of all parties. It was proposed to change the name
of the company to the " Southern and Continental,”
but Mr. Bibby, one of the directors, had suggested
that the united company should be called the Great

SJuthern. The dates of making up the accounts
would be the 30th of Juue and 31st of December
in each year, instead of, as at present, in the South-
Eastern, to 31st of January and 31st of July in

each year. 'They proposed that the joint working
with the Chatham Company should commence on
the Ist of July, 1869. 'They had settled the matter

in dispute with the South-Western Company by
agreeing to build a station in the Waterloo-road to
accommodate passengers from that railway on the
Charing-cross and City line. They intended to
extinguish the debenture debt of the company
(£4,000,000) by means of a debenture stock, to be
called up in four or five years, or as the debentures
fell due, and he hoped the ordinary stockholders
would tike it all up. He concluded by formally
moving tae approval of the bill.

The lion. J. BYNG seconded the motion.
Ur. situu hoped they had turned the corner