The Sun.
London, England, 1852-02-07 00:00:00

_~.~:T l~r~.

" At South Wheal Trelawny generel meeting, on the RAILWAY INTELLIGENCE.
31st January, the accounts showed-Balance lest ac- LONDON AND SOU ITI-WESTERisr.
count, 961. 14s. 4d.; cost tor Aug. and Sept.,llll.9s. ld. The report of the chrecturs of this company sae Met
Oct. and Nev.. 127/. 10s. 10d.; Dec., 771. 2s. 101---- the net revenue for the tetreyear entlieg Dee. +3l, 'l96L'
4154 17+2. id. Call in Sept., 396/.: leaving balance to amounts. eft. r deducting ell erefer, see chesges, incsee.
next account of 19a. 17s. id. A call, of 21 per share , leg 10,00 e/. for plena to 181,976/, which added to 2.320/.
was made, from the last ace nett, makes a balance aeplicehle to di.
out of which a dividend is recoma
At Wheal Tom bi-monthly meeting, on Thursday, vidend of 184,2971.;
the accounts showed-To balance in nand, 415/. 19. ! mended for the :left-year at the rate of 51 per cent. per
I Id.; cash, 8301 51, 1,2461, 9J.-Costs for I annum, amounting to 175,719/, leaving a balance of
; 8,548/. The increase of rec, pie during the half-year,
November. 359/. 15s. 84.; December, 2341. 45..11d.
msrchents' bills, 602/. 55. 21; travelling and office ex- as compared with the corresponding period of 1850,
Pens, s, 50/. = 1,246/. ss. 9J. A• call of 1/. per share amounted to 69,113/, while the increase in the expenses
was made. amounted to 10,802/. The greater portion of the adeii-
At
and Seete
the Wood Mine bi-monthly meeting, at Plymouth, tional traffic occurred in Jul
on the 29th Jan., a call of 2i. 61 per share was made. The increise of passengers on, the main line durpteneinte tbhe
At West Wheal Edward meeting, on Monday, it was half'-year nmoonted to 216,011, and on the Windsor
resolved to prosecute the workings cc this mine forth- branch to 241,072, the total increase of passengers on
with. ail the cempany's lines, during that period being
At Wheal Harriet quarterly meeting, on the 24th 457 102•
The reaction in the regular traffic which was
January, the accounts showed a balance against the anticipated as a probable result
of the cessa' ion of the
mine of 4471. gu
ss. 4i. It was resolved to increase the excitement produced by the Exhibition, has nut yet
number of shares from 2,560 to 5,120, and a call of ss. been felt by the compan
per share was made thereon. y.
The pass,nvet-'l3x on the excursion pessengers., car-,
mate of the expense for setting the same to work on tn
At Trawsnant Mine meeting, on Monday last, an es.ti-
e tied during the Extehition, at and under Id. per mile, in
first and second-class carriages, bee been' retained
cost-book principle was submitted, and approved of; this company on the ground tif such receipts being he
likewise the report of Mr. A. Dean. Specimens of ore gel!). exempt from the' tax. The claim of the Inland.
from a depth of 30 fms. were exhibited. Captain Couch item
s, Cor-missioners for pnyment of duty en this
was appointed resident agent, and Mr. Gregory chosen item is, nevertheless, being prosecuted at law, which tits
At At Runnaford Coombe Mine meeting directors cannot but regard as an inequitable and unfair
,on Jan. 16, the proceeding. The additional charges on the locomotive
secretary's account showed-November cost, 86/. 145.; and carriag.e departments amounted to 11,4041. The
Dee, 911. 9s. lid =178./. 3s. lid. Balance in hand last sum expended ou the working stock amounts te 570,160/ ,
account, 571 17s. 2 1.; arrears of calls, 241 65.; received and the account has been closed at that sum.' The ad
from treasurer, 91/. 9s. lid.: leaving balance due, 4/. ditional plant required for additional traffic will have to
109. 10d. The treasuree's account showed-Balance in be paid out of revsnue by successive instalments spread.
hand from last account, 169/. 12s. Id.; received for tin over five years, and a reserved account has been opened
sold, 674 I Is. 4d.; interest, Is. 1d.=2371. 4e. 6d. Paid to liquidate the cost of such plant. To this reserve ere--
secretary, as above, 91/. 9s. lid.: leaving balance in hand count 10,000/. has been carried from the revenue of the
to next account, 145/. 143. 7d. last half-year, under the following circumstances:-
During the week, shares have changed hands in Devon Traffic of the year 1849, when the e
for-
Great Console, Alfred Consols, St. Aubyn and Grylls, mer estimate was made, was 530,876/. For the
West Providence, South Frances, East Tamar, South year 1851 it has been 656,419/, an increase of upwards
Tamar, Merllyn, Garreg, Robins, West Caradon, East of 125,000/. For the Exhibition of Industry, not con-
Buller, Mary Ann, West Ding-Dong,•Great Bryn, East templated in 1849, special provision had to be made for
Duren, Trelawny, Trannack and Bueence, Wheal Tre- 64 carriages, capable of holding 3,102 passengers. With
maynF, Lelant Uonsole, Wheal Basset, Treviskey and a view to the closing of the capital account, the directors
Barrier, Chiverton, Wheal Seton, Stray Park, Busparvo, propose that the principle of the reserve fund, corn-
Trehane, West Wheal Rose, Galt-y-Maen, Wheal merited for the first time this half-year, to proVide for
Golden, East Wheal Russell, St. Agnes Beacon, Bodmin additional working sz,ocls, tie extended to such future
Wheal Mary, North Trelawny, Can Bruno, Cued additions to stations and sidings as are found to be
Mawr Pool, Carvannal, Ty wardreath, Wheal Fanny, necessary for the development of the traffic ; and
Wheal Brewer, Wheal Reeth, Wicklow Copper, and the expense of such additions, instead of being
General Mining Company for Ireland.
charged to capital, be from this time forth put to a
In Foreign Mines, transactions have taken place in St. ressrve account, and paid off by revenue by means
John del Rey, United Mexican, and Worthing. of instalments spread over a given number of years.
The directors know of no other way of practically
closing the capital account. The property sold during the
last halt-year has realised 5,357/. 15s. 44. The line
from Farnham to Alton is satisfactorily proceeding to
completion, and will be finished in the course of the
present half-year. The North and South Junction Rail-
' way, three miles and a half long, connecting this lisle
with the London and Nur th-Western line, is expected to
be ready for opening in the autumn of the present year.
In accordance with the view of the committee of share-
holders the directors have made arrangements with Mr.
Brassey for completing the works from Basingstoke to
Andover, as a single line, and at a reduced cost, via.-
74,000/. In regard to the remaining portion of the line
between Andover and Salisbury, the directors are en-
deavouring to obtain the lowest estimate at which the
works between those places can be completed.
The provisional committee of the Dorchester and
Exeter Coast Extension Railway intend to submit a
proposal to the general meeting ou Thursday next to the
effect that the South. Western Company's trains should
run so as to accommodate the traffic on the coast line;
the South-Western Company to allow the Coast Com-
pany 40 per cent. on tho gross additional traffic (beyond
that of the year 1852), which will accrue upon their
Southampton end Dorchester line only ; the whole of
the additinal traffic brought by the Coast Company upon
the remainder of the South-Western Company'a lines to
be for the benefit of the South Western. Company ex-
clusively. Upon matters being satisfactorily arranged,
the promoters of the coast line will make and work
their lino on the narrow gauge, by an independent com-
pany, in connexion with the South-Western Railway
Company. The fares and tariffs of the two companies
shall be alike for like distances. The arrangement to
continue for 21 years, determinable at the end of the
first 14, by twelve months' notice.
AMI3ERGATE, NOTTINGHAM, AND BOSTON.-The
great sale of forfeited shares in this company took
place in the Exchange-hall, Nottingham, on Thursday
afternoon. It consisted of 25,000 shares in 351 lots,
every one of which was disposed of. Many buyers were
present from London and other places. The first price
realised was 41. 13s. 9d. a share; after a few lots had
been disposed of at this rate theprice advanced to 4/. 155.,
then to 4/. 16s. 3d., and 4/. 17s. 64. The last lot sold
for 51 a share. Altogether the sum of 120,0001. was
obtained for the 25,000 shares. Mr. Pott, of Notting-
ham, officiated as the auctioneer,
and only two hours
were occupied in disposing of them. Mr. Hutchison, of
Glasgow, was a purchaser to the extent of 43,000/.,
was understood that parties interested in the Great
Northern Railway purchased the greater part of the
steel;

THE ROYAL BRITISH BANK

The dividend declared yesterday at the meeting of
the Royal British Bank was at the rate of 5 per cent.
per annum, and the report and accounts were unani-
mously adopted. The progress of the establishment was
stated to have been satisfactory, and a conviction was ex-
pressed that when a knowledge of the system upon
which it is conducted shall have become more widely
disseminated its business will show a proportionate in-
crease. In the course of the discussion several sugges-
tions were made relative to management, and to an
augmentation in the number of directors The an-
nexed extract from the report, together with the ba-
lance-sheet, presents the financial position of the coin-
pany:--

"Oa this occasion, as on the last, the directors have
the pleasure to announce a dividend at the rate of 5
per cent. per annum on the paid-up capital, and also
an addition to the reserved Lund of the same amount,
whereby the latter is now increased to 4,583/. 15s. 4d.
There has also been set apart for the last half-year
4221. 4s. 7d., in addition to the 4161. 3r. ld. appropri-
ated at the 30th of June in liquidation of the pre-
liminary expenses and cost of property, together
8381. 73. Bd., nearly double the sum allotted for this pur-
pose in 1850, which was 4321. 19s. 7d.; but an expendi-
ture—incurred from the necessity of increased accom-
modation and interior improvements for the convenience
of the public and the comfort and health of the estab-
lishment, and which have also added to the value of the
premises—prevents for this year the application of these
sums being felt in the reduction of the cost of the build-
ing, Bcc. The principle, however, on which the allot-
ment towards this liquidation fund is yearly made is
such as that the preliminary expenses and the cost of
premises must be provided for within the currency of
the charter and of the tenures by which the premises
are held. There is one feature of their operations
which the directors think they ought specially to men-
tion, viz., the return made by them to those whose
moneys truly form their fund of banking. While the
Proprietors have had dividends affording, according to
the times, an ample rate of interest on their shares, and
have had a foundation laid by the sums reserved for
the progressive enhancement of the value of these, the
sums paid to depositors and others dealing with the
tank for the use of their moneys are nearly quadruple
e amount of dividend paid to the proprietors, and
ittleal to three-fourths ohe whol expenditure of the
Ink in the conduct of if ts
businesse."

LIABILITIES.
To Debt LIABILITIES.
£ s. d.
el3ratoencing capital, as per charter,
wher
100,000 0 0
To arn e" one-half paid up .•• ..•
--°llat due by the bank for deposits on
account of new shares, deposits for fixed
etotnontds,uB:
periods, and floating balances on drawing
To acdi
c.by ditto on the promissory 493,764 12 3
notes or bills of the bank payable to order,
and acceptances for customers current ...
To clerks' fund •• ••• ••• •••
To reserved fund set apart
for first year, December
81, 1850 ... ... ..• £ 2,000 0 0
To unappropriated balance
of ditto ... ... .. 1,097 15 7
To gross balance for the

LONDON AND NORTH- W ESTERN RAILWAY DIVIDEND.
—Wt' understand that the dividend on this company, to
be declared at the half yearly meeting, will be 6 per
cent,, with about 50,000'. to be carried to the rent,
which, if we remember rightly, was in July last upwards
of 120.000/.

47,384 0 4
461 13 8

THE GREAT WESTERN RAILWAY COMPANY DIVI-
DEND.—We understand tat this company will pay a
dividend at the rate of 5 per cent. per annum, and carry
torward to the next half-y( tr's acc,)unt 101,0001.

EASTERN COUNTIES IiAILWAY DIVIDEND.—We un-
derstaA that the cilvtdond in this company will ba at
the rate of 4s. per shara.

year ending tle 3:stof
December, 1851, after pro-
'riding for interest ( 9,6011.
10s. Bd.) paid and due on
deposits, promissory notes,
and balances, but not in-
cluding directors' remu-
neration ••• 19,281 13 1

RAILWAY RETURNS

TRAFFIC RETU NS FUR THE PAST WEEK.

Miles
opened,
1851.

NAME OF RAILWAY.

Receipts.

Itibu.