The Sun.
London, England, 1855-02-02 00:00:00

METMETROPOLITA:\.T RAILWAY (Paddington
the Post-oftice).—Capital 1,000,0901. (with the usual bor-
rowing powers).
DIDECTOAS.
WILLIAM MALINS, Esq , Montagu-square, Chairman.
ACTON 5. ATRTON, Esq., Grafton-street, Bond-street, Deputy-
Chairman.
Anthony Kington Baker, Esq., Cheltenham, Director of the Great
Western Railway Company.
Samuel Baker, Esq., Thorngrove, Worcestershire, Director of the
Great Western Railway Company.
Thomas Bulkeley, Esq., Clewer-lodge, Windsor, Director of the
Great Western Railway Company.
Thomas Edward Dicey, Esq., Princes•terrace, Hyde-park.
Charles Wilson Faber, Esq., Doncaster, Director of the Great North-

ern Railway Company.
Bonamy Price, Esq., Princes-terrace, Hyde-park.
Lightly Simpson, Esq., Ridgway Oaks, Enfield, Director of the East-
ern Counties Railway Company.
Thomas Williams, Esq., Grove-end-road, St. John's-wood, Director
of the Great Western Railway Company.
Two seats reserved, under arrangement Directors of the
with the London and North-Western Rail- London and North-
way Company, to ,be filled by Directors of Western Railway
that Company. Company.
AUDITORS.

Benjamin John Armstrong, Esq., Upper Wimp°le-street.
Sampson Copestake, Esq. (Messrs. Copestake, Crampton, and
More), Claeapside.

BANlCiits.
Messrs. Heywood, Kennards, and Co., Lombard-street.
Messrs. Arthur Heywood, Sons, and Co., Liverpool.
The Bank of Manchester, Manchester.
Engineer—John Fowler, ES,I-
Assistant Engineer and Architect—J• Hargrave Stevens,sq.
evens,
Solicitor—Wm. Burchell, Esq., 47, Parliament-street.
secretary—John Henchman, Esq.
Offluc,esrokoefrst—hexCeosmu.spa.
Edward E27l,llWestminster.ang
buildings.
Greatand Co.,ac° r torglt Ex ch
ri t subscription, it was
This Company was incorporated by an Act of Parliament passed
last session, but, having been formed by
p
advanced
stage.
more deemed expedient to defer the public allotmveeanet Sof shares until the
arrangements of the Company were in a
length, to connect the West End of
rail-
way four miles and a quarter in The Company is constituted for the purpose of making a
City.
It will start from the Great Western Station at Paddington, running
London and its 'North-Western suburbs with the ceatre of the
along the New-road to Easton-square, King's-croes, and thence
tht'ough Clerkenwell to its terminus at the General Post-oftlce, in
gt. Martin's-le-Grand. The lino for the greater part of the distance
will run beneath the surface of the roadway, through a spacious
archway, which will be thoroughly ventilated and lighted.
Much time was consumed in the formation of a Direction, which
would comprise members of the Boards of all the great Railway
Companies north of the Thames; and in the consideration of an
important offer of responsible parties to subscribe a separate capital
of 200,0001., and to maintain and work the Railway on terms which
would have secured to the company a minimum net annual Income
of 75,0001., and, in addition, one-third of the gross receipts above
120,0001.
offer
rt D
declined,ir ect to
inn hayf tr
egn
caet
tloentghtehstbroenenglyo.regxapnriseesdse,daonpdintioh,e,
workinglhe Pr
ph
re
ieGreat s
t or
Westernetain theßailway
entire
line
would be
di
tbetter
receiptsfor thei
opfrot
their own hands, the Directors have determined at once to appro-
priate the utiallotted shares to the public at par.
The capital of the Company is 1,000,0001., to be divided into
100,000 shares of 101., of which upwards of 600,0001. is held by re-
sponsible parties, Inclusive of 175,0001. taken by the Great Western
Railway Company. The whole Parliamentary deposit has been in-
vested partly in Consols and partly in Exchequer Bill, and besides
the accruing interest both securities have increased in value since
they were purchased.
A deposit of 1/. per share will be payable on allotment, and calls
of 11. per share will be wade every three months until December,
1956, when the last call of of. per share will be payable, before which
time the line will be opened for traffic, and every shareholder will be
allowed to retain half-yearly a sum equal to 51. per centum per
annum on the whole of his paid-up capital on paying the last call in
advance, on or before the 21th June next.
The line will unite with the Great Western, the London and
North-Western, and the Great Northern Railways, and also, by
means of the North London line, with the Eastern Counties and the
Sonth-Western Railways, and thus bring into conjunction all tile
existing rabw3ys on the north, and one of the principal railways on
the south, side of London, and connect them with the Post-office and
the heart of the City.
To secure for the public service the "great conven'ence and saving
of time" described by Mr. Rowland gill in his evidence before the
Committee on the Bill lag session, the rails will be carried into the
basement of the General Post-office.

-•
Stations will be established every half mile, and trains will be ruts
in rapid succession and at low rates, to accommodate the endlers
stream of traffic continually passing between every point on the line
of railway. As no train will lie allowed to start for any- station until
the departure of the preceding train from that station, no collision
will be possible.
Contracts have been entered into with responsible contractors for
the construction of the railway and works. The cost of the entire
railway, with suitable stations and works complete in every respect,
has ben carefully re-estimated at the contract prices, and, including
a liberal allowance for preliminary, professional, and other expenses
up to the opening of the line, will not exceed 1,2e0,0001. As more
than two-thirds cf the entire line will be carried under roads and
open sp ices, where no compensation will be payable, this estimate
may he assumed as amply sufficient.
Home idea may be formed of the magnitude of the traffic from
the fact that the omnibuses plying between various points which
the railway will in a great measure accommodate make 3,258
journeys daily, and the passengers have been estimated at 48,870
daily; and if to these were added the travellers by cabs and other
vehicles, and the usaal increase from the facilities and cheapness of
the rail. a passenger traffic would be shown toe enormous for the
received n .tiona of the capability of the railway ; the estimates are,
therefore, limited to an average receipt per traits not exceeding the
average take of the trains on the male line ef the Blackwalt Rail-
way, although it is believed that experience will prove that more
than twice that amount will be safely and conveniently accommo-
dated. 7he river steam-boats above bridge, touching as they do at
places removed from the great thoroughfares and at uncertain times,
are yet computed to carry 150,000 passengers daily.
Taking, then, the trains to run every live minutes through the
day, from 8 ans till 10 p.m., with extra trains daring the busy
hours, from 8 to 11 in the morning and from 3 to 6 in the afternoon,
the daily trains will be as under :
Trains every five minute-, or per honr 12 xl4 168
Additional trains per hoar.... •• . 8 x 6 = 48
216 each way x 2 = 432 trains per diem. —216
The average tako on the main line of the Alackwall Railway Is 7s.
per mile per train, then-
-432 trains x 4, the mileage, 1723 x 75., the take per mile,
R 6041. 16s. per diem.
Which, at 3d. each, would be 48,384 passengers -less titan the
estimated present number of omnibus travellers, without cabs or
Increase.
6041. 18s , the daily receipts, x 313 =• • £180,302 Bs. per ann.
Two-thirds of the above receipts as the Sun-
day traffic, £403 4s. xs2 •• 20,965 83. „
The receipts from small parcels and from
goods during the early morning and the
night may be reasonably estimated at 20,000 Os.

Total estimated recelpte........ £236,258 16s.
Take 35 per cent. for expenses . • 50,590 12e. ••
[The entire expenses of the illackevall Rail-
way for the past year were only £32,000.3
Net profits.. •• ........... ..... £149,068 4s. ••
Or nearly 12% per cent. no the estimated outlay of £1,200,000.
These estimates have been well considered, and are as likely, it Is
believed, to be below as above the actual earnings of the line.
Application fuL VIKA ca of 105. vetch to In made on or before
the 12th day of February, 1855, addressed to the Secretary ; or to
Mossri. Edward Ellis on i Co., 2, Royal Exchange-buildings, Lon-
don; and, in ordrr to insure the applications being bona fide from
responsible persons, they must be accompanle 1 by the receipt of
the Company's bankers for the sum of ss. per share, to be retained
on account of the deposit of 11. per share, it arty of the shares ap-
plied for be allotted, or, if otherwise, to be returned by the bankers
to the applicant on or after the 15th day of February, being the day
on which the allotment will be made; but in case the balance of the
deposit of 11. per share be not paid en or be!ore the appointed
day, the Si per share will be absolutely forf ited to the Company.
Applications for shares must be made in the printed tot ms, which
may be obtained by application to the bankers, the brokers, or the
Becretary of the Company.

JULLIEN'S GRAND BAL MASQUE,
• THIS EVENING (FRIDAY), Feb. 2, 1855,
AT THE ROYAL ITALIAN OPERA, COVENT-GARDEN.
M. JITLLIEN has tke honour to announce that this Grand Enter-
tainment will take place THIS EVENING (FRIDAY), Feb. 2,
1855.
Admission to the Ball, 10s. Gd.
The Audience Portion of the Theatre will be set apart for Spectators,
who, by application at the Box-office, can secure their Boxes or
places, which will be retained for them the whole evening,
Prices of admission for Spectators :
I Dress Circle

Amphitheatre Circle. • ....... • ...... 3s.
Amphitheatre .. ••• • .. ... •• . • .... 2s.
Private Boxes for Four, Six, or eight Persons, 81. 3e., 41. 45., and
upwards.
Ladies and Gentlemen taking Private Boxes will have the privi-
lege of passing to and from the Salle de Danse without extra
charge.
Doors open at half-past 9. Dancing will commence at 10.
ice Person will be admitted in the costume of Clown, Harlequin,
or Pantaloon.
Tickets for the Bali, Places, and Private Boxes may be had at tho
Box-office of the Theatre ; and Private Boxes of the principal Music-
sellers and Libraries.

JULLIEN'S GRAND BA.L MASQUE,
• THIS EVENING (FRIDAY), Feb. 2, 1853,
AT THE ROYAL ITALIAN OPERA, COVENT-GARDEN.
.ARRANGEMENT OF ENTRANCES.
Visitors golnq to the Private Boxes will enter by the Private Box
Entrance, from the Piazza in Coventgarden, only.
Visitors to the Dress Circle will enter by the Grand Entrance, in
Bow-street, only.
Visitors to the Ball will enter by the Pit Entrance, in Bow-street,
only.
Visitors to the Amphitheatre Stalls and Amphitheatre will enter
by the Public Entrance, under the Piazza in Covent-Garden, only.
Ladies and Gentlemen are earnestly requested to enforce compli-
ance on the part of their coachmen with the police regulations.

BAL MASQUE.-REGULATIONS
to PREVENT OBSTRUCTION'S by CARRIAGES at the
DAL MASQUE at the ROYAL ITALIAN OPERA, Covent-garden,
TIIIS EVENING (Friday), Feb. 2, 1855.
SETTING DOWN IN BOW-STREET.

All Carriages witk company going to the Ball-room or Dress Boxes
are to enter Bow-street by Long-acre, and, after setting down, will
draw off by Great Russell-street and the south side of Covent-garden
Market.

SETTING DOWN IN THE PIAZZA.

_ .
All Carriages with company going to the Private BOxes •r Am-
phitheatre, and Amphitheatre Stalls, are to enter James-street by
Long-acre, and will set down with the horses' heads towards Great
Russell-street, and, after setting down, will draw off by the south
side of Covent-garden 1W arket.