The Sun.
London, England, 1864-08-17 00:00:00

N°. 22.511.

THE SUN, LONDON, WEDNESDAY EVENING, A U GUST 17, 1864.

On Friday, Aug. 19, in 3 vols.,
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tale

The Drone and Caller Ou laying next, the favourite and
Daniel O'Rourke bringing up the rear. Donkey increased
his lead passing the stand and went on with it for the first
mile, when he resigned in favour of Bally Edmond, who,
waited upon by Caller Qu, came into the straight with
nothing else near them. It was only the semblance of a
race from the distance, the old mare quitting her opponent
opposite the Stand, end winning without being called upon
by six lengths. The others did not pass the post.
The Welter Stakes (Handicap) of 10 scvs each, 3ft, with
30 added. One mile.
Mr Payne's Merry Maid, 5 yrs, 10st 41b _ _

of £12,000 stock in the company. The audit committee
was re-appointed.

Also now ready, in 3 vols ,
GUILTY, OR NOT GUILTY. By the Author
of " Cousin Geoffrey," &o.
Hurst and Blackett, 13, Great Marlborough-strcet.

Mr BARROW, M.P., said he war sure that the share-
holders would concur with him that Mr Beale was entitled
to the best thanks of the proprietary. He concluded by
prop-sing that £lOOO be placed at the disposal of the Board
to provide some suitable acknowledgment of the late chair-
man's valuable services.

Now Ready, in Crown Svo.,
FOOTPRINTS ON THE ROAD.
By CHARLES KENT.

Mr BA.TEMAN seconded the resolution, which was carried
with acclamation.

Chapman and Hall, 193, Pi cadilly.

THE LATEST NEW NOVELS.
Now ready at all Libraries,
E It T I E 13 It A Y
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By the Author of " SACKVILLE CHASE," &C.
London : John Maxwell and Co., 122, Fleet-street.

A Six-roomed Parsonage £74 3 0
An Eight-roomed ditto
A Ten-roomed ditto ........ 259 16
A Twelve-roomed ditto 191 11 0

The meeting was made special, and a resolution passed
'or consolidating into stock such of the B 43 shares as had
been fully paid up,

W. Bi 1
Mr Cherry's Disappointment, 5 yrs, lOst 61b.. (Owevner)ll) 2
Mr Fenwick's Batsman, 4 yro, lOst 41b (inc slb ex)

rogether with a Price List of purified Bedding, and a mass
of valnable intbrmationto all requiring househsld furniture,
carpets' or bedding. References kindly permitted to Clergy-
men and gentlemen In or near Great Malvern, Southampton,
Chichester, Bury, Ely, Preston, Grimsby, Ryde, Plymouth,
Wells, Oxford. Brighton, Gainsborongh, Margate. Kidder-
minster, Wellington. Croydon, Cambridge, Staines, Dorking,
St. Albans, Worcester, Ipswich, Peterborough, St. David's,
Wrexham, and above 500 ocher places in all parts of Great

The proceedings terminated with a vote of thanks to the
Chairman and directors.

(Mr Cameron) 3
Mr Harley's Budworth, 4 yrs, lOst 51b (ine 61b ex)
(J. Goater) 4
Betting-5 to 4 agst Merry Maid,
2 to 1 abet Disappoint-
ment.

NORTH LONDON.

Merry Maid took up the ranting, with Disappointment
lying next, and the race was confined to these two, Mr
Payno's mare winning with great ease by two lengths.
Batsman a bad third.

The half-yearly meeting of this company wag held yester.
at the Euston Station, Mr H. W. Blake in the chair.

The report was taken as read.

COBBETT and CO.. General House Furnishers, Deptford
bridge, London. B.E.

The CHAIRMAN, in moving the adoption of the report,
said he had only a very few observations to make. There
nad been an increase in the passenger, goods, and mineral
Traffic. The opening of the Metropolitan Railway had not
affected the general receipts for passengers,but some decrease
liad taken place from the opening of the Hammersmith and
City line ; still, that was being made up from other
sources. As regarded the expenditure, a considerable outlay
:•::d taken place on capital account for the new lines to the
city, and they had paid £5,000 for additional land at Bow.
1 he company had three bills before Parliament last session,
and their Parliamentary expenses were heavy. The fact of
so many bills for metropolitan railways being promoted
made the session quite exceptional. They had received 31
notices of bills as affecting their company, and they had to
watch tho progress of 11 different bills in addition to their
own. Their Tottenham Extension Bill was lost, and that
of the Great Eastern was granted. The Great Eastern Ex-
tension to Liverpool-street would run close to their city
line, and the stations would adjoin, which might be of some
advantage to them and the public. The company's addi-
tional powers bill would enable them to vary and alter cer-
tain roads, and thus enable them to save expense. The new
dock at Poplar was sanctioned, and an advantageous ar-
rangement had been made with the East and Nest India
Docks Company, and for a new barge entrance should it be
necessary. Improvements were being made at the several
stations on the line; and also in the plant and working stock
of the company.

THE ROYAL INSURANCE COMPANY,
29, Lombard-street, London; and

Tho Betting Stand Plate of 100 soya (handicap). For all
ages. Three quarters of a mile.
Mr F. Santley's Balderdash, 3 yrs, 6st 31b (Tomlinson) 1
Mr Brayley's Pelios, 3 yra, Est 41b (car 6et 91b)
(J. Grimahaw) 2
Mr G. Buchanan's ;Etna, 4 yrs, 78t (J. Covey) 3
The following also ran :—Walloon, Gamecock, Bolero,
Lost Sheep, Narbonne, Professor. Sherborne, trader the
Cloud, Weatherglass, Mysterious Lady,
and St Vincent.
Betting-7 to 4 agst Etna, 100 to 15 agst Pelios, 10 to 1
agst Gamecock and Balderdash, and 100 to 8 agst Sher-
borne.

Royal Insurance-buildings, Liverpool.

At the Annual Meeting, on the sth inst., the following were
some of the leading results disclosed hi the Report to the
shareholders.
FIRE BRANCH.
The Premiums of the year 1863 reached the sum
of £341,664
Being an advance of 40,977
over 3862; an amount of increase exceeding that of any pre-
vious year.
The Revenue from Fire Premiums has been en-
hanced in four years by the large sum of £113,353

Etna made play, with Balderdash, Mysterious Lady, and
Pelios lying next, the rear division being headed by Nar-
bonne, Gamecock, and Bolero. Below the distance Balder-
dash went in front, followed by Pelios and Mysterious
Lady, /Etna taking fourth place. They continued in this
order to the Stand, where Pelios and the favourite chal-
lenged the leader, and the three ran a good race home, Bal-
derdash winning by a head, and the same distance separat-
ing Pelios from Etna. Mysterious Lady ws fourth,
Sherborne fifth, Bolero and Weatherglass the two next.
Narbonne was last. s

The Duty paid to Government in 1862 was
Ditto ditto, 18.03 88,966

Showing an Increase in one year of . £12,973

A.mong the incidents which have tended to the advance-
ment of the Royal within the last few mont Its may be reckoned
its action with respect to the losses sustained by the explo-
sion of the Lotty Sleigh. which although orry con -istent with
the general tenor of the conduct of the Company, and ulti-
mately proved to be no more than what had been done in for-
mer times by the o dest and most proverbial y honourable
among its contemporaries, yet attracted attention and public
favour by its unhesitating promptness.
As the largest total of Revenue and the largest ratio of
progression have been attained in the present year, so it
happens that the largest Profit which it has ever alien to the
Directors to record has likewise on this occasion to be an-
nounced. The balance of net profit on the year has amounted
to .£83,515 • of which sum £34,1C0 only has been appropriated
to Dividend and Bonus, and the large balan eof .£49,441 been
carried to Reserve.

LATEST BETTING-

MIDI?. HANDICAP.
100 to 30 agst Raglan (offered, take 4 to 1)
100 to 12 agat Caller Ou (taken)
100 to 7 agat East Lancashire (taken and offare3),
100 to 3 having been laid three times previously.

Mr R. D. MANGLES seconded the motion for the adop-
tion of the report.
Mr ONYON contended that the dividend at tho rate of 6
per cent, per annum proposed by the directors should be in-
creased to 6i per cent. ; and that instead of adding the
£lOOO out of the revenue to the special works and contingen-
cies fund, £2,500 of it should be appropriated to the pay-
ment of the extra half per cent, dividend, leaving the re-
maining £1,500 to be added to that rand. They had an
increase of £B,OOO in the receipts during the past half-year,
and he thought the shareholders were entitled to some part
of it.

RADCLIFFE RACES—TUESDAY.
The Bolton Plate (Handicap) of 40 sows, for all ages;
winners extra. About three-quarters of a mile.
Mr Handley's Ossian, 4 yrs, Bst 81b .... (11. Grimshaw) 1
Mr Beaumont's Vanessa, 3 yrs, 7st 61b ..... (Whiteley) 2
....... (Britton) 3
Mr T. Smith's Oulton Lowe, 3 yrs, Est 121 b (Crenshaw) 4
Mr Barber's The Cutler, 5 yrs, 7st 61b,
Betting-7 to 4 agst Ossian, sto 2 agst Oulton Lowe,
3 to 1 agst Vanessa, 4 to 1 agst The Cutler.
___. _

Won by a length, the same between second and third ;
the fourth close up.

The 2 ft, with 30 added;
weight gentlemen soremen each,
jockeys extra; penal-
Welterfo r
ago; Sta Stakes
penal-
ties and allowances. About two miles and a quarter.
Mr Peace's Zuleika, 6 yrs, 12st 3i19 (inc 141 b ex)
(J. W. Thorpe) 1
Mr C. Coborn's Boa3tian, 3 yrs, 12st 61b (Inc 141 b ex)
(Owner) 2
Mr C. Broadhurst's Joe, 5 yrs, llst 7th (car 11et 111 b).
(M. Arden) 3
No betting.

The CHAIRMAN defended the course adopted by the di-
rectors. The additional powers Act would enable them to
save large sums, and to provide for the accommodation of
the Great Northern and Midland traffic at the proposed new
docks. The whole of the £4,000 would be required for the
improvement of the stations to accommodate the increasing
traffic on the line as soon as possible. It would be more
prudent to pay at the rate of 6 per cent. now, and at the
rate of 7 per cent, for the next half year.
Mr MANGLES said that many of the improvements they
had introduced had turned out most profitable investments
for the company, particularly in respect of the adoption of
steel tires and other lasting improvements.
The report was unanimously adopted. Au amendment by
Mr Onyon, seconded by Mr Westley, that the dividend be
31 per cent. for the half year was negatived ; and the pro-
position of the directors that the dividend be 3 per cent. for
the past half year on the ordinary stock and shares of the
company was carried.

Won by a length, a bad third.
The Chesterfield Cup (Handicap) of 60 Bove in specie, added
to a sweepstakes of 5 soya each, winners extra, second to
save his stake. Once round and a distance.
....
Mr Ambery's Nemo, 3 vrs, sit 131 b
...
... (Carroll) 1
Mr T. Griffith's Puss, 5 yrs, Tat 61b (car 7st 71b)
(H. Grirushaw) 2
Mr T. Cliff's Wildman, 3 yrs, Tat 41b (Inc 10lb ex)
(E. Taylor) 3
Betting-2 to lon Nemo, sto 2 agat Puss.
Won by two lengths, a bad third.
The Craven Two-year-old Handicap of 5 soya each, 2 ft,
with 40 added; winners extra; second to save his stake.
About six fur,

Iu reply to a question, it was stated that the directors had
no reason to believe that the estimate for the works of the
City Extension would be exceeded, and the proceedings ter-
minated.

Mr Handley's Saloon, 7st 31b (E. Taylor) 1
Mr T. Smith's Vanguard, Get 101 b (Cranshaw) 2
Mr Peace's Creme de Vanile, 7st 51b (car itt 71b

Grimshßw)
Mr Fowler's Early in the Morning, 7st 9ib.. (Whiteley) 4
Betting-2 to lon Saloon, 3to 1 agat Creme do Vanille,
6 to 1 agst Vanguard.
Wou easily by two lengths ; a bad third.

The scurry Handicap of 2 sova each, with 25 added. About

six furlongs.

Mr T. Oshorne's Gaily, 4 yrs, Bst 81b (Whiteley)
Mr klandley's Ossian, 4 yrs, 9st (H. Cirimshaw) 2
Mr T. Smith's Oulton Lowe, 3 yrs, Gat Gib .. (Howarth) 3
Mr T. Griffith's Puss, 5 yrs, 7st 101 b (E. Taylor) 4
The following also rim :—Master Toe, Blondin, and Pre-
paration.

Betting-7 to 4 agat Ossian, 3to 1 agst Gaily, 4to 1 agst
Oulton Lowe, 6 to 1 agst Puss.

Won by a neck, a length between second and third, three
Lengths between third and fourth.

RAILWAY AND OTHER COMPANIES.

MIDLAND.
The half-yearly meeting of this company was held yes-
terday at Derby, Mr W. E. Hutchinson, Deputy Chair-
man, presided.

The report was taken as read.

in moving the adoption of the report
said
had all read with much concern the
l 11:o C
vas IrA.IsR surd they
paragraph in the report alluding to the retirement of Mr
Beale, who had for so long a period been their able and ex-
cellent chairman; but he would continue to occupy a seat
at the board, so that his great knowledge and experience of
railway matters would still be given to this undertaking.
(Cheers.) He then read a letter from Mr Beale, in which he
expressed his obligations to the shareholders. Alluding to
the results of the last year's operations the chairman con-
gratulated the shareholders on the large excess in the traffic
receipts, and on the fact that so large a proportion of that
excess was available for dividend. The increase had been
over every department except cattle, as usual the largest
ratio of increase had been in the mineral traffic ; in mer-
chandise it had been £lO,OOO ; in minerals, £79,000. The
increase in the passenger traffic had been very satisfactory,
amounting as it did to £28,000, and that in the face of large
reductions in the passenger fibres over a considerable portion
of the railway. This large increase of £128,000 had beam
earned at a reasonable cost; it had amounted to no more
than £52,000, leaving £76,000 available for dividends ; hence
the large increase in the dividend as compared with the
The increased expenses
over 1863 had been caused principally by maintenance of
sit,
syn ea
uthhda,
way, renewal 6 cost of revenue , as
had also charges for carriages
corresponding half arlofado.f
&c.,las allyeara.t
t'h .
and waggons, and an
increase in the charge for train., expenses had been
Ovßi item for fire insurance.
had borrowed this money were
utixgtobne.eAn
mopoenngedtbefogrenthee.
nearly halt a minima,
favourable,
aaahhvlueooos
ulentedreaarhr
mhbga
lyelsefs:ruyoe
jeaooasnaor snitdooefßr
which
increasei
hot hgw e
stwlhl
they
~ i
high
price 0 f mon e y
during the
cent. the remainder
gladsinto hear that there was
£4 2s 7id, which was below the
aap
tba
about
t,half
ee- y-abevaaerlria
go
fe'rwhtheeyiionhhga ~1
was borrowedat 4
per
rate of some of the leading railways. The new lines in
g satisfactorily, and
constructionctreirrsneoorfthernfrie
a prospect of the Ottley and likely line being opened in the
autumn. Considerable progress had been made in the line
nd s
wouldwere p
br progressing e s
from Birmingham to Nuneaton, which
Would open up a
new way, via the Midland from Birmingham to London,
and although it would not be so short as the route by the
London and North-Western, it would afford a third means
of communication about in equal distance
With the Great
Western. In the last Parliamentary campaigla_ ,
as far as the
Midland Company was concerned, they load load a
pro-
tracted and expensive session, and that two from quarters
from which they had a right to expect something else--he
alluded chiefly to the opposition at Sheffield
and Burton—
but thinks to the mai of their solicitors and officers, they
had a successful session. The works at Sheffield would be
proceeded with as speedily as possible—he hoped that any
bad feeling which might have existed against the Midland
in that town would cease, and that the inhabitants would
soon cone to the conviction that what had been done was
best for their interests. II e concurred with Mr Beale as to
the satisfactory position w hich the Midland line occupied ;
it had a most important ge °graphical position, in the centre
of a great commercial dish t ict—their traffic had increased
of late at the rate of nearl y .0,000 per week, but though
that advance had taken plc .ce, and it had enabled them to
raise the dividend at the ruto of li per cent., they must nor
be too sanguine that incre bee woul d continue. Many cir-
cumstances might militt ite against it. They were laying
out a great deal of capit,al, and had coosequently more to
pay upon. They had raised more th an £1`,000,000, having a
deferred dividend, that would bear linterek it at the rate of 5
per cent. in July of next , year. lie mentioned among other
reasons why the lincre ased dividend might not continue.
Circumstances might r ender it desirable that larger balances
should be carried (1., rer than usual; but in any, case they
might depend on it t' bait nothing should be wanting on the
part of the director'4 :to maintain their position and e \very
possible improver° ant . lie concluded by moving the adop-
tion of the repor',.

Air LEwIS 8 econded! the motion, which was adopted.
The varier .e dividends were declared in accordance with
the recomrr,endation of the rer, Nort.
A vote r,or the expenditure of . e sum of £200,000 o n capital
account was carried, the amount ; to be employed, in the pur-
chase c,f engines, stock, &c.
Mr Heane was appointed audit or in the placf of Mr Cripps,
deceased. It wee stated that tht i Aew 4tiditrir was A holder

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PRICE ...... ...4d.
STAL3IPED*....Sd.

Company. The capital account showed that W 53669 had
been expendol, leaving a balance of £1,173,

LOST WITHIEL AND FOWEY,
The half yearly meeting of this company was held at
Fowey on Sl'urday—Mr R. T. Head in the chair.
The CHAIRMAN said that the balance sheet showed that
£30,000 had been laised on shares. He advised the share-
holders, as here had been more than half of the subscribed
capital paid up, to authorise the directors to borrow £lO,OOO
upon debentures. One gentleman had promised to take
one half the debentures at once. The directors also asked
far authority to enter into an agreement with the Cornwall
Railway Company to work the Fowey line.

Resolutions authorising the exercise of the borrowing
powers and the agraement were passed, and the proceed-
ings concluded with a vote of thanks to the chairman.

EDEN VALLEY EXTENSION.

Moetings have been held during the last few daye at
Leyburn, Hawes, &c., with the object of formirg a com-
pany to oupply railway accommodation to Wensleydale,
Yoredale, &c. The proposed railway is intended to
leave the Leeds Northern line somewhere near Ripon,
and will accommodate the towns of Masham, Middleham,
Leyburn, Askrigg, and Hawes.

GREAT NORTHERN AND WESTERN OF
IRELAND.

Yesterday the half-yearly meeting of this company was
held at the offices, Duke-street, Westminster, the Earl of
Lucan in the chair.

The report, an abstract of which has appeared in The
Sun, was taken as read.
Mr. STILES expressed his satisfaction with the success
that had attended the labours of the directors in the recent
session of Parliament, both branches of the Legislature
having accorded to the company, notwithstanding the op-
position of the Midland Great Western, the right of cross
ing the Shannon at Athlone, and so securing its indepen-
dence and prosperity. This success was greatly due to the
energetic conduct of the noble chairman, and he trussed the
time was not far remote when the county of Mayo would
acknowledge the way in which the noble earl had promoted
the railway communication of the district.

It was then moved by the CHAIRMAN, seconded by Mr
BURCHELL, and carried unanimously, that dividends at the
rate of £5 per cent. per annum upon the preference capital,
of £3 17s. 6d. per cent. per annum on the £113,350 ordinary
capital held by the Midland Great Western Railway Com-
pany of Ireland, and £3 per cent. per annum upon the ordi-
nary share capital of the company other than that held by
the Midland Company, be declared, less income-tax.

After some discussion resolutions were passed cancelling
5,100 unissued shares of £lO each; authorised to be created
by the compani's Acts of 1861 and 1862, and for issuing
in lieu thereof shares representing £51,000, in pursuance of
the provisions of the company's Running Powers Act 13f
1864, and for creating an additional capital of £30,000 under
the company's Capital Powers Act of last session.
A vote of thanks to the chairman and directors closed the
procosdings.