The Sun.
London, England, 1852-03-02 00:00:00

TUESDAY

ELECTRIC TELEGRAPH COMPANY.
Iwitn.gj:rellor o;' the directors was read:—
The half-;early'' meeting of the proprietors was held
on Saturday, et the central station, in Lothbury—the
M.P., presiding. ' ' '
Cl34,T'aihl7hferi:laieueounts show an available balance of 14.701/.
12.1. 3,1. Of this sum the, directors recommend the di-
vision of 9 3691. 95., which will produce a dividend at
the rate .01 6 per cent. per annum upon both classes of
shares, learieg a balance of 5,3321. 3s. 33. to the credit
of Übe next half year, The directors point out to the
proprietors that this dividend is upon an increased
'amount of capital to.the extent of 47,150/, no part of
which has yet' become productive. It must also be borne
it'; mind that the incre:sed efficiency of the arrange-
niquts, and the numerous mechanical improvements in
every branch cif- the system of the company, have ena-
blud them to effect a reelection in the tariff to the ex-
tent of upwards of
'an
cent., iniolving, ,as a neces-
sary coniequence, an additional current expenditure,
while titer iecreatlo in the number of megleges received
and trent witted, which the result has slitown that your
diracters were justified in unticipatiter
Aevelore d. 'ln the last report it is not yet fully
,ciictracts had been entered into to the extent of 910'
' 1 • •• mile., including the Manchester, Sheffield and Lin-
,4,,ltir:ir,ielly,sltihfioeritro::.
bat;
acw(l;rltri‘es:
c:tatl
tec....lt....ah7llNorthern,b 11 .1iIali:}oel
Ifealsetwei
si
21
ta
ei , GoallonrskLen. ;It announced
pral%,
was
madesi
ntt
aeb
n nl
ass!oft.narplaestela,!:,tetrLbeorloiun:h,toant.tdritsheoelresmeiatiline;
etr;ci:leocosinhipkeieti:
Great Western will be open this week; the Great North-
ing length I will, pro ably
be open in the course of the
ensuing mouth. These works, so far ai the directors
btive biiene!riabled to judge, will be cc mpletod under the
*,ealimstca. Since the I:ist half-yearly meeting,. fresh
• -contracts have been entered into, extendirg over a dij
3tast7t2o/f. 57
1,. 6
00'nd., Le
'iln°'llo'hrdt which
hig to the will involve an
.expenditure'd
elaborate estimates
submitted by the engineer in chief._ These' estimates
include the extension of the company's system,. tvhich
will be required in conformity with thtteletermination
of; your directors, expressed in their. list repOrt, that
they would . not rest satisfied tiff elinittris of the
kingdom should be provided with Jtilliegraphic ec-
commodation, and until they .begs" so combined
and
_economised the system as to ban,
most extended use, for which it is natotrlsobi it into the
anted.
'They directors consider that thea resolution of
the speeisl meeting called in December lasi,
authorising the issue of debentures, will render
ashares, Classl3,
ti,
on the great extension of the lines within the . last
. airy further
a ry. call
The at
directors presen t
c o on
ng ther
at
la a t 0
themselves
twelve months and look forward, at no distant period, to
the completion of a system already of great national im-
portance, and ultimately to embrace every commercial
town in the country. The delays, inaccuracies, and ex-
an exemplifica-
ptiogenseofofthtehegcreoanttiandevnatnaltagteeletgorathpirpbs, are an
of the adminis-
tration of such a Single manage-
ment. This *a:system being under
circumstance alone adrnits the
estab_
lishment 'of a lOW and uniform tariff, as with theiostage,
arid else the accommodation of districts, Which other.-
wise could not of themselves maintain a telegraph..
'The capital account, to the end, of December last,
i,liovred a receipt upon the shares of 330,0001.; sundry
liabilities, as per ledger, 34,981/.,199. 9d.; reserved fund,
68,534 t. 'l6a. 9d.; balance, 14,701/. 12.5. 3d.; total,
448,218/. Bs. 9d. On the other side, the coat of tele-
graphs
completed and in progress, inclusive of the cost
of patents, wee 361,731/, 18s. Bd.; other items (including
26,370/. 19s. 7d. cash and securities in hand), 76,4861.
Ns- Id.; total, 448,218/. Bs. 9d .
. ,The revenue account for the half-year ending Dee. 31,
i showed receipts for inesoges' subscriptions, and con-
tracts, amounting to 24,336/. Bs. 10d.; and expenses
amounting to 15979/. 16s. 7d.; leaving a balance of
8,661/. l2a. 3d. The general balance exhibited the re-
salt stated in the report.
The report having been received and adopted, formal
resolutions carrying out its several recommendations,
and making a dividend at the rate of 6 per cent., were
also agreed to; Mr.. George Wilson and Colonel Wylde
were re-elected directors; and Mr. Albert Ricardo was
re-appointed.an auditor.
'The CHAIRMAN then briefly addressed the meeting
as to the prospects of the comPanY• He took the thin-
nest' of the attendance as a proof of the confidence which
thaahareholders at large reposed in the directors; and
it. would be impossible to explain to those who had re-
efintly become proprietors, the various details of the
company's erations, which had, in fact, become almost
innumerable Ile' would therefore merely observe that
the directors, in making the various renewals and ex-
tensions of the company's sysiem of communication, had
been guided more by a desire to strengthen their posi-
tion than by any 'expectation of immediate profit.
The meeting was then made special for the purpose
of increasing the numbeieof directors from eight to the
number allowed by the Act, namely twelve; the chair-
,
chair-
man remarking that the board bad no immediate inten-
tion of acting upon the .resolution; but they thought
that it might become desirable to appoint directors re-
sident in some of the larger'towns, such as Manchester,
Liverpool, Beige) &C. It was not proposed, however,
td increase the remuneration at present allowed to the
board, namely, 500/.`a year.
• A resolution, authorising the increase, having been
agreed to, thanks were voted to the chairman, and the
meeting broke up.

,
THE EXPRESS EDITION of " THE W3ll.
received by mail train last night, or rather. at half past 12
this morning, copies of the latest editions of the Standard,
Globe, Express, and Sun newspapers. The Sun was the
only sine of the four which contained Lord Derby's, speech
complete en the opening of the Parliamentary proCeedings
under the now Ministry.; we were thus put in pmsession, by
theeritßrprise and activity of the executive.of: The Sun, of a
laTge amount of valuable intelligence fora few .pence, which
we sliould not have been able to obtain by. any other means
without an outlay of several pounds —Portsmouth Tints and
-Naval Gazette.

ACCIDENT TO TEE OUTWARD INDIAN
MAIL.—
Intelligence, via Malta; from Alexandria, to . the 14th of
February, announces that the Peninsular and. Oriental Coin-
pany's steam-ship.,Haington, winch left Suez ou the Sth
idem, at four P.m. with the passengers anti outward Cal-
cutta and China mails dispatched from London on the 20th
of January, had been towed back by the East India Com-
pany's steam-packet Akbar, in consequence of her engines
having been rendered useless by the fracture of her inter-
mediate shaft, which will detain her at Suez until a new one
can be sent, from either England or Calcutta. It was ex-
pected that the mails and 'passengers she had onboard for
Bombay would proceed about the 20th of February by the
Akbar,' but all the others, for Calcutta, &c., will have to
await the Hindostan, not due from Calcutta' before' the be-
ginning of March.
FIRE AT ST. MARGARET'S ennlicit.—On Sunday
it ,was mentioned by Mr. Crow, the beadle at St. Margaret's
church, adjoining Westminster. Abbey, that on Ash-Wed-
nesday a tire broke out in that edifice, which might have
been attended with the most fearful results, had it been
known at the time, the church being full, and the sermon,
by the Rev. Mr. Preston, just commenced. The first alarm
was given.by a man corning from the Houses of Parliament,
*he observed a flame issuing from the roof of the building
rattle Abbey side, close to the cornice. With great fore-
thought he quietly infornied mr.
Crow of what he bad wit-
ressed, and that officer, engaged 10 or 12 men, who got out
the fire ladders which are kept in the church, end ordered
the 'parish engines to be got in readiness.
He by this
means got on the roof, and it became necessary to remove
&limit 20 feet of the coping stone before the place whence the
{lime issued could be got it. It was then discovered that
an old flue leading from the fireplace in the vestry-room,
width had bean almost forgotten, had become red hot, and
Set fire to oue of the beams in the roof of the church. For-
there is a pump clse h tunatelY,
a,,,,i, en pens oe water, Which Y, and the men speedily got
enabled Mr. Crow to extin-
guish the fire. While all this wag going' on at the roof, and
- crowd had collected in St. Mar , - of the
a , knew of
fraret s-street, not one
tongeegation
extinguish it curried out, and there is no doubt had an alarm
been given in the church the rush to the doors would have
been tearful. It is fortunate, too, that the fire did not break
oat in the tight time, as this part of the church is close to
Henry the Seventlf, Chapel,
. ,
.....se
TRAVELLING /N TEE O.I.DEN TIME.—The - first
coach' that went from London to Oxford in one day was in
the Month of Aprl, 1669. It contained Six passengers, had
a boot on each side,
.and *as een hours on the road.
What a magic chauge, indeed ! The same distance can now
accomplished-within the hour.
be accom
A RUNAWAY BRIDEGROOm.----There vat a merry '
wedding near the banks .of the 11 rr en
Friday last, which
ilacii.if not a melancholy,
the
least a singular close. The
parties were duly united in bands of wedlock, having
been made one according to the customary rites. After the
usual festivities, the " young. guidman,, instead of retiring
with his bride, intimated intention of going g back to his
employer's house, and toall solicitation: to the contrary his
was, "Na,na! Pse come back th ,
reply
be ready for my work i' the nior • ,1 '
gang away to
in his " better-half„ set with his- phrtt, elybugt rather her-half" In a maiden
Meditatianl. fancy tree,' ,
We are agriued, no doubt, at
his 'unlooked-for (departure. glad to have it to re-
port, that the fugitive from Hymen kept his word, and
blithely, returned"to' his lady's.
shower, after the labour of
Saturday'was.fulished.--Durnfr S
te tanclard. -
The Lord s Chancellor has conferred the appoint-
Went. of PrinClPal SecretarySinaonS,' the reporter of
the long series of cases heard before the late Vice.ehancoi_
lor 6f England': r- • .
' v new - d -.- Tat LAW -BILLE.--The tor Chancellor
has' lOSt no time in intimating that it is his intention , tossup- port gte recommendation of, the Commission ration
for the Re-
form of the. Court of Chancery. The Common Lavr Pro-
cedure Bill will also be adopted by the Government. It
may be assumed, from the recent pamphlet of Sir E.
Sugden, that no further progress will be made with the
registration scheme,: It is, however, scarcely probable that
any ' of these measures
• will become law this .year.—Law
-
2'inces. :
i• AWFUL OCCURRENCE NEAR MANcEESTER.--011
Suthe
'Saturday morning last, Mr. SpenceranufacturerB' a hi
ghly ' re-.
wadable cotton-spinner andb r, residing at
ru
down Oldbain, committed suicide by leapingßarker,
"k and Co ,
ittn,t coalpit be-
longing to blessrs. Evans,
been a
great sufferer from
borough.
Mr. Suthers is said tohave
to have committed therom rheu-
mat ism, and is, supposed sutnring. I-fe went to trash act
unditr the influence thatof
in the morning, while h
the 7 u"Ile
about half-past 11 o'clockotitli, and, deliberately clasping'ackhsi-s
men 'Were near the' pit m
then at rest .fora moment,'
f the two ropes,
arini iouud one 9
pr o.er in consequence
of one cage being_at the top and the
leaped forward and descended with
other, at the button?,
depth of the pit is 145 yardS.' lie
awful_ rapidity. The
sitiOn, but one of his legs coming in
'alighted in an upright pothe
i. cage was cut (4, awl the other
touts ;t with the top o a good deal bruised. There
also
broke 0.. ails left side wi
an
d one bad a near escape.
were tour men at the bottom,nate gentleman e
'e
body, but found
They went to the
.unfortunate
1 Sutbers was in a large way of
that life, was extinct. have been in prosperous and
bUSib 0143, ;amt .is believed to
leaves a widow, son, and two
.kje
affine, tit ' circumstances.ta t s ances. 11. e
daugi tiers bereaved under these shocking circu
was about 58 or 60 years of age.
' '.
'4FUND
ei,i'AL-ivOIPPERS'
-The receipts of this fund
ieo to the Bth August 1851
from ;;the 31st December,
'a' d the, ,
, payments to 47,003/.
amor nated 'to 488354 10s. 3c1.,
832/. 03. 4d.!
9s. lid leaving balance of 1,
~ a
Humphrey gi,o_
3'a ' '— Messrs. Brown and
, "AricSIBURY.
Ee.ward C. W. Cox have addressed the electors of this
ed Free-trader.
la,orptigh. The former is a convert