The Sun.
London, England, 1852-04-21 00:00:00

RAILWAY INTELLIGENCE.
NORFOLK I; A ILW A E

A 0,-e-',!

nht,vo

-•-• • , • ,a:1-
. , .
• Out Ifiing,;.
_; 'Ali aa.aaeee ei
Pato, who cent, trem unavoidable circumstances.
unable to be present) took the chair. The meeting was
for the purpose of having submitted to it the draft of a
Bill (now before Parliament) for defining and regulating
the capital of the Norfolk" Railway Company, and for
autherising arrangements with the Halesworth, Beccles,
end Haddiscoe Railway . Company, and for other
purposes. •
The Bill, the important clauses of which were read by
the solicitor of the company, proposes to enact that all
the preference shares created by the Norfolk Company,
and also the guarantee by the companv of the shares in
the Lowestoft Railway and Harbour Company, shall be
valid in •law, and that the dividends on such several
shares shall be paid in preference tOand before any di-
vidend shall be declared and paid on the general capital
of the company; and such. several shares shall be classed
and, take priority ,as between tie- maelvei, according to
the order of time in which the same have been created;
that the Waveney Valley shares shall be prefer-
ence, shares of the company, ranking sifter all the pre-
ference shares of the company ahead) created, and
also after the Lowestoft Railway and Harbour shares
guaranteed by the company, and the shares to be created
under the provisions of the Act for paying off the mort-
gage debt of the company, and shall entitle the holders
thereof to dividends at the rate of 5 percent. per annum,
but to no further interest or participation in the profits
of the company. That it shall he lawful for the company,
with the consent of three-fifths °fah° votes of the share-
holders present in person or by proxy at any general
meeting or meetings specially convened for the purpose,
to create preference shares for the purpose of raising such
sum or sums of money as shall be necessary for paying
off or discharging the principal moneys secured by mort-
gages granted by the company under any of the recited
Act, or for which they shall be liable at the time of the
creation thereof; and such shares shall be called " Nor-
folk Railway Debenture bharesa", and shall be the first
charged upon the undertaking of the company subject
only to mortgages remaining ut,paid at:the time of the
creation of sueh shares, and shall be of such number and
amount, and entitle the holders thereof to such amount of
fixed dividend, not exceeding 5 per cent. per annum, and
shall be subject and liable to such terms, and-conditions
with respect to the payment of calls, and to the redemp-
tion or commutation of such shares, and otherwise; as
shall be determined at any such meeting or meetings; and
the dividend upon such last-mentioned shares shall be.
paid in preference to and before any dividend shall be
paid upon the existing preference charges of the com-
pany, and the guaranteed shares of the Lowestoft Rail-
way and Harbour Company, and that the Norfolk Rail-
way Company, and also the Halesworth, Beocles, and
Haddiscoe Railway Company, by and with the autho-
rity and approbation of three•fiftlas in value of the pro-
prietors present, either personally or by proxy, at some
general meeting of each of the said companies specially
convened for the purpose, from time to time to make and
enter into contracts or agreements for working and using,
the railway, by the said Halesworth, Haddiscoe, and
Beccles Railway Act, 1851, authorised to be constructed,:
or for the maintenance and repair, or for .or in respect .
to the Ire ffic passing along the same, and also along the
Norfolk Railway, as the companies may deem advisable, .
subject to the provisions of the Railways Clauses Cense- ,
lidation Act.

~ ~ <'•
__ ,~rtw

The draft Bill was sanctioned, and the meeting broke up

SHREWSBURY AND HEREFORD.—Yesterday the first
section of this line was opened from Shrewsbury to Lud-
low, upwards of 27 miles. The first sod was cut by Mr.
W. 0. Gore, M, P., at Hereford, on the 10th of January,
1851. The remainder of the line, from Ludlow to Here-
ford, will be ready for traffic this time next year. The '
Government Inspector pat-sed over the line on Wednes-
day last, and certified it to be suitable for opening. At
elev.-n o'clock an express train, decorated with appro-
pri,te flags, banners, &c., and containing the directors
and a select circle of friends, left the former station for
Ludlow. On passing the several stations on the line
crowds of rustics cheerel the excursionists; and when
the train arrived at Ludlow the directors were met by
th 6 corporation of the borough, and thousands of anxious
spectators were present. After the usual courtesies had
been exchanged between the corporation and the directors,
a procession was formed, and, preceded by a band, it pro-
ceeded to the town-hall; where an elegant dijetiner was
provided at the expense of Mr, Brassey, and of which the
directors and their invited guests partook. A grand ball
took place in the evening under the patronage of the
Earl of Powis and several other noblemen and g.-ntlemen.
Mr. Brassey will work the line for the first 32 months, -
guaranteeing to the shareholders a dividead at the rate
of 3i per cent.

_ .
chairman, the sanding
BRISTOL AND EXETER,—Yesterday, in the Commit-
tee on Standing Orders,. of which Lord Redesdale is
ord'rs were declared to 13e coat-
plied with in the case of ttlid company's Yeovil Branch
Bill.

YORK AND NORTH MIDLAND AND EAST AND WEST •
YORKSHlRE.—Yesterday, hatore ;be Standing Order
Committee of the House of G:mmons, the standing
orders connected with the capital stuck arrangements of
these companies were dispent4ed
WATERFORD AND LIMERICK.—The directors and
their triendi, in a speci,..l train, passed over the portion
of this line from Clonmel to Limerick on Friday. The
trip occupied about 90 minutes, and was performed in a
satisfactory manner. A dinner was provided at
Litrorick for the party, and the Mayor of Limerick and
other gentlemen were invited by the directors to cele-
brate the event.

STATE OF TRADE.
(From the Manchester Guardian of this day.)

MANCHESTER, TUESDAY.—The Europa's dates are to
the 7th inst., from which is appears that the firmness of
the New York cotton market was not at all diminished
by advitea hence of the 24th March, nor that of New
Orleans by weounts of the 20th, although both reported
a declining tendency in Manchester, with a corres-
ponding dullness in Liverpool. The receipts at
the ports had realiied 2,341,393, being 455,983
beyond those of the same time last year; and
the receipts of the week were 88,486 bales, or
more than double those of the corresponding week in
1851. These receipts caused opinion on the other
side still to tend to the largest estimates. These ac-
counts have contributed to strengthen the persuasion
which has latterly gained ground on tbis side the At-
lantic, that the large import we must shortly have is not
likely to produce anyth ng beyond a small and very tem-
porary depression of prices, perhaps not even that—a
4oofothhealteostalth stockah
it
ipne rLs ui
vaes
ri
Pnooflo,
was a year ago—on the very inferior quality of
uwndheicdhonis
tnleessallibaylin2o2B,
that stock—and on the probebility that the spin-
ners will be led by their want of a better RB.
sortment to meet the arrivals with a freedom which
must counteract the effect they would otherwise produce
.on prices. The cous,quence is, that th .
h the got
t ak iinconsiderable
place t
li a
quiet way, has occasioned a further advance in most num-
bers
e buyers of yarns
have come forward more freely to execute orders at the
practicable rates of last week, especially for warps,
dtegbeeethner previously wi
eopteast, and pin-cops; and this, after the enlarged ope-
praut;eohnsasoest !await
which bud
ti
bets of mule and water up to 50's. W
have gained about id. per lb. Since arps and cops
this day week;
reeled water twist, tulle
J iii.; and 20's and 30's mule
are also in favour of seller,.; whilst
demand for India, is id. ai h 4o's mule, under a
so. This riee has,
of the day within riarro however, restricted the transactions
wer limits than they would
otherwise have reached. The
find a dull and
discouraging caerket fur their fabrics;
they are, however, firmer
in their prices. There is an
increased demand for 40•' •i
other cloths. The nch shittings, T's, and some
The; tone of the cloth market is, on th.e
whelp, rather
for some kinds,improved, and a little advance is required
particularly ;
e skirtings.
Hocu.A.L.m ~N.Ay.—We have hal a better attend-
ance of buyers in the market d d more inquiry
after goods,
_ but prices have u I'd'. a)
' an
.change. The
wool market is inactive, andn etrhgeone no
a 0
te 3
manuf pur-
chase far immediate use only.
MACCLESFIELD, TUESDAY.—Our manufacturers du-
rine the last few days have exp.riiineod e. more active
demand for their good*, and prices are somewhat better.
It is to be hoped,—now that some of the houses have
suspended who fur some time past had bees
making forced sales at great loeses—that we may have
a progressive improvement as the season advances.
At present the make of goods is on a diminished
scale, and stocks are understood to be light, The strike
of Messrs. Brocklehurst's inside hand-loom weavers
against the outside weavers of that firm continues, with
no probability of termination at present, in consequence
of the latter body not giving countenance to the opera-
tive local board of trade. The Macclesfield manufac-
turers have found from three years' experience that
they could not continue to maintain fixed prices for
weaving, and at the same time meet manufacturers of
other towns in the market. They have therefore re-
linquished their support to the board. A large meeting
of the weavers was held last evening, which was of a
very abusive and personal character towards the firm
abovenamed. Thrown Silks—The demand for this ar-
ticle is a little improved, more especially for sorts
' suitable for continental purposes. The throwsters are
moderately supplied with work. Raw Silk—There is
no alteration to note in prices. The everland mail from
China last week reported email shipments, and no silk at
market.
41 t market to
1113DDERSEIELD, TUESDAY.We have a —a-
era in
report to-day, there having been very few. buustl,, and,
town. Manufacturers make goods very
"Ids most in
t consequently, stocks continue low. The go
oda for summer
demand in the Cloth Hall are light g
li tit makes, are
wear. Fancies, of new patterns and g
' more in demand.
We cannot report any im.
' HALIFAX, SATURDAY.— . f the worsftd trade•
el corelawa 0 P
prove MC LA :li t'''')l4""'r- piece
bell today has net r
and Lira cif pea of our
oror, faun
the‘ ,p e.
USILLI attLess.
sei,td any noticc3i,le "r.'t
,t is L.,,,,r0
~,....,..,
~
~ , ,t 4, c.,1 d V-43
To'; tone. of the' Yar° ,7%t kale, a tr•ei . ' -
tl.king 51'" ' '3
' ' '""jg advance. In
tipinu,n-s are a. king
,s,
pee,
Can I;,-;,
I wool thwre is nu : L.
_1 :

'Sono Tnßatrft.F..—Y-sterciav evr-ning a
RoY-1"0/ Amateurs gave a dramatic entertainment at this
ecjeingaP:,tnYlittle theatre, on wt‘ich occasi ni The Hunchback
w,ald. The 011:tnhenrgewienr ea
the pieces
l'ealbleetemthanTnehre first
piecama-
teurs, and we should content ourselves with a similar re-
mark on the second piece, did not one or two of the charac-
ters call for espcuill remark. The Duke of Aranzs of Mr.
Edward Vernon was a very careful piece of acting, and ex-
hibited considerable taste and knowledge of stage business.
Mr. Benson, as the Mock Duke, evinced an exceedingly rich
vein of humour, and without overdoing the thing made his
character beautifully ridiculous; and Mr. Percival, as Ro-
lando, was also very good. The other characters were well
sustained, and the audience, a highly respectable one, mani-
fested their approbation by liberal, though by no means in-
4iscrimate or undeserved applause.