The Sun.
London, England, 1852-06-18 00:00:00

The CHAIRMAN said ho would, before the resolution
was put to the meeting, take the opportunity of ob-
serving (as he had received letters from shareholders
respecting the matter), that the order of preference
shares would be the same as settled in the Act of Parlia-
ment—viz., the first alter the debenture shares to be
created was the Lowestoft 4 per cent.; the next, the 5
per cent. extensions; then the 5; the 6 per cent.; and
Waveney 5 per cents.
A PROPRIETOR inquired the respective amounts of the
preference capital.
The CHAIRMAN said it was as follows:—
Lowestoft Four per Cent., 1845 ... £120,000
Five per Cent. Extension, 1846 ... 300,000
Five per Cent. „ •-• 105,000
Six per Cent. ... 120,000
Waveney Five per Cent. 36,980
It was explained that the Act obtained by the company
during the present session converts the whole of their
preference capital into preference shares, which will, in
fact, extinguish the debenture debt.
A PROPRIETOR requested to know when the bonds
fell in?
The CHAIRMAN said they were as follows :
Bonds due and falling due (luring present year £391,250
In 1353 ••• ••• ... 22,300

1854
1855
1856
1857
1859

... ...

25,750
11,000
4,395
3,000
4,000

£461,695
The motion for adjournment to the 28th icstant was
carried, and the meeting broke up.

WATERFORD AND KILKENNY.--The directors of this
line are using their best exertions to Nava it opened.
They have had many difficulties to overcome, but it is
stated that the permanent way is being laid down be-
tween Jerpoint and Knockwilliam, and the progress
that has been made in the works between the latter
place and Dunkett during the last few weeks is very
great. _ _ _

CORNWALL.—We understand that at a large meeting
of the board, on Saturday last, which was attended by
the representatives of the Associated Companies, it was
resolved to request Mr. Brunel to prepere his plans as
quickly as possible, for the purpose of obtaining tenders
for the construction of the bridge across the Tamar at
Saltash.—Devonport Gazette.
Tuis STOUR. VALLEY.—It is gratifying to know
that this line is at length about to be opened, and
that the greatly desiderated accommodation of Wolver-
hampton and the district is about to be afforded. In
vain have meetings been held and reports published, de-
putations been sent to the Board of Trade, and speeches
been made, for all failed alike to bring the directors of
the Shrewsbury and Birmingham Companies to their
senses, and induce them to allow the Stour Valley to be
opened; bat the moment two plain, honest, common
sense, business men, like Messrs. Glyn and Clive, met
together, the matter which presented such difficulties be-
fore became simple and easy, and the whole affair was
settled in the twinkling of a gnat's eye.— Wolverhampton
Herald.

IRELAND.
THE CORK EXHIBITION.
The Lord-Lieutenant has addressed the following
letter to the Mayor of Cork:—
" Viceregal-Lodge, June 14.
" Sir,—l am directed by the L)rd-Lieutenant to ex-
press to you the great pleasure he experienced during
his recent visit to Cork, and to return to you and the
other members of the Council, as well as the citizens,
the thanks of their Excellencies for the numerous acts of
kindness and attention that were shown to them on that
occasion. I am also to convey to you that his Excellency
was much gratified at the orderly conduct and kindly
feeling that were displayed by all classes, and that he
will always have a lively recollection of the courtesy
with which he was treated, on his recent and agreeable
visit to your city, by all its inhabitants.
" I have the honour to be, Sir, your obedient humble
servant,

" W. CAMPBELL, Private Secretary.
" The Right Worshipful the Mayor of Cork."
The number of visitors to the Exhibition on Monday
was close upon 1,600.
IRON WORK—AGRICULTURAL IMPLEMENTS, &C.—A
large display of agricultural implements, manu-
factured by Mr. H. Sheridan, of Dublin, at his foundry
in Bridgefoot-street, deserves particular notice.
This is a branch of manufacturing ingenuity which de-
serves to be encouraged, as it is one of importance to
agriculture and to Ireland generally. Among them is
a new description of straw-cutter, which can be adapted
to cut or chop the straw into pieces of any size. In com-
mon straw-cutters there is no way of lengthening or
shortening the size of the shreds—this defect frequently
becomes of importance, especially when the straw is to
be employed in the finer kinds of manufacture. A large
quantity of straw is now annually converted into paper,
and for this purpose especially the contrivance intro-
duced into Mr. Sheridan's straw-cutter is of peculiar
value. The next from Mr. Sheridan's foundry is a
churn, worked by a -hand-turning windlass. Near this
is an immense fire-proof safe. It is composed entirely of
wrought iron, painted to represent oak, which is so
naturally imitated as at once to challenge the admiration
of the beholder. It has double doors, locked by 28 bolts,
aed contains five compartments, for arms, books, gun-
powdzr, two drawers, and one secret drawer, all fire proof.
The third and smallest of the three safes which Mr.
Sheridan has sent for exhibition has a single door, but,
like the others, is all lined fire-proof. It has seven
bolts, acted on by ono of Chubb's key's the same as the
other cafes. The next object in Mr. Sheridan's collec-
tion is an iron eagle, of the species known as the Irish
sea eage, made of cast-iron, and weighing 3 cwt. To-
wards that part of the machinery department set apart
for the centritu,gal fountain, Mr. Sheridan exhibits a row
of six bells, all of different sizes, one of them weighing
7 cwt. They are all composed of the purest metal, and
cast accurately to the proper note, thus requiring no
firing. In the making of bells three matters of consi-
derable importance have to be attended to—first,
the compost:ice of the metal; second, the form; third,
the mass; as all three have have great influence on the
pitch and quality of the tone. In all three points tho
bells of Air. Sheridee's foundry have acquired a Euro-
pean'reputation ; and orders for bells have frequently
been sent to the firm from places in England which used
formerly be supplied from foundries in England and
Scotland.