The Sun.
London, England, 1852-04-28 00:00:00

RAIL WAY LOANS.

The number of railway companies desirous of obtain-
ing loans on debentures or mortgage having consider-
ably increased since the late reduction of the bank rate
of interest, we subjoin a corrected list for the information
of capitalists:—
South 'Vales—Loans on mortgage, bearing interest at
4 per cont. par annum, for periods not less than three,
and not exceeding seven years.
Leeds Northern—At 4 per cent. per annum, for
three, five, or seven years, in sums of 1001. and upwards.
Glasgow and South- Western—ln sums of 5001. and
upwards, for terms of not less than three years.
Manchester, Buxton, and Matlock—Not exceeding,
on the whole, 100,0001. The money is required for the
purchase of the Cromford Canal and works, and the
mortgages constitute a first charge on both undertakings.
Lyndon and North-Western—Have ceased to accept
money on loan at a higher rate of interest than 3i per
cent., and for periods of five or seven years.
North British—Receive tenders for the renewal of a
portion of their debentures which fall due on the 15th of
May, 1852. No sum received under 500/.

Shrewsbury and Chester—For a limited amount, to
replace mortgages as they fall in.
Bristol and Exeter—Are ready to either pay off im-
mediately, in cash, any debentures which bear interest
at 5 or 41 por cent., or to grant perpetual Preference
Four per Cent. Stock in exchange for them, ellowing
forthwith, in either case, to the holders, the difference
of interest.

Cork and Bandon—On debentures, in sums of not
less than 1001., for five or seven years, bearing in-
terest at the rate of 44- per cent, per annum, payable
half-yearly.
Caledonian—On debentures, in sums of 2001. and
upwards, at 4 per cent. per annum, for term of years.
The directors of the West Flanders Railway are also
in the market for additional capital, to complete their
line, of which the first portion is open from Bruges to
Courtrai' and is yielding an annual return of 4,000/. or
5,0001. This, together with a guarantee of the Belgian
Government to the extent of 16,0001, is pledged to pay
51 per cent. upon 280,0001., the amount for which parties
are prepared to undertake the completion of the works
on the extension of the line and branches in accordance
with the convention concluded between the Balgian Go-
vernment and this company on the sth of March last.
The sum required is proposed to be raised in 28,000
preference shares of 250 f. or 101. each, bearing 51 per
cent. interest, secured by the above guarantee.

RAILWAY INTELLIGENCE.
NEWMARKET.

On Monday a special meeting of this company was
held at the London Tavern.
Mr. Commissioner FANS took the chair, and said that
the object of the meeting was to consider the propriety
of the measure now before Parliament, and for the car-
rying out of which a certain majority must, sanction this
Bill before it could pass the House of Lords. This Bill
had been read a first time in the House of Lords, and
its object was to substitute a better and cheaper line
between Newmarket and Bury.
Sir JOHN SHELLEY, Bart., objected to being made a
party to making the new line for the benefit of the ori-
ginal shareholders, and should protest against the resoa
lutions now proposed for adoption.
The CHAIAMAN then put the resolution for the ap-
proval of the. Bill now before Parliament.
Mr. ANDERSON seconded tho motion.

On a show of hands there appeared 18 for the motion
and 24 against it.
The CHAIRMAN called for a poll.
Sir W. CARDEN, Mr. TYRRELL, and others objected
to the poll.
The CHAIRMAN said that question must be settled by
Parliament. They had only to pursue the legal course.
After some delay the result of the poll was as fol-
lows:—Proxies for, 1,424; proxies against, 6.; votes
present, 693 for; 74 against, subject to a protest of 370
on the part of Mr. George Tyrrell. There were more
than four-fifths in favour of the resolution.
The meeting then adjourned.

GREAT NORTHERN AND ANBERGATE.—WO men-
donut in our last that the London and North-
Western and the Great Northern having entered
into an arrangement betweeu themselves not to treat
with the Ambergate Railway, and yet within about
48 hours that the Great Northern settled with the
Ambergase the terms given in ours of the 10th. We
have been assured that the proposition came in a letter
from the Great Northern. With respect to the above
mentioned terms, we understand they are open for modi-
fication until Tuesday next, and that the Great Northern
have since consented to make them the same as the
London and North Western, that is, four per cent. from
the Ist of July next.—Herapath's Jeered.
Sr. ANDREWS AND QUEBEC.--This company con-
eluded a contract on Thursday for making the section
from St. Andrews to Woodstock (80 miles), with Messrs.
King, Sykes, and Brookfield, of Sheffield. The con-
tractors are to premed immediately to the worke,—
Railway Times.
MORAYSHIRE.—WO learn that Provost. Grant, of
Elgin, on behalf of the Morayshire Railway Company,
has takenl off, on the Earl of Seafield's land, a large fue,
the other day, at the terminus, foot of Moss-streei, for
an inn, cellaragr, stabling, and other accommodations.
The railway works proceed apace in the most satisfac-
tory manner.—Forces Gazette.
SOUTHEASTERN AND READING, GUILDFORD, AND
REIGATE.---The Committee in reporting proved the )?en.
amble of the Bill for merging the latter in the former
company, state that the Committee considered it just stud
right that the securities in the shape of perpetual al Inn-
ities to be given to the shareholders in the Reading,
Guildford, and Reigate should take precedence of e
ing preference shares in the South-eastern, inasmuch
as
they are to he in substitution of an annual rent now
payable by the South-eastern, and which rent, s o long
t
as payable, is a prior charge to the
payment
or dividend on preference shares.

GLINT Fon PUBLIC Viroß&S AND BUILDIUGF.—
There was printed on Monday a Parliamentary paper, show-
ing that for the year 18'5:2-53 the grant required for public
works and buildings is („21,231/. In the preceding year the
om Toted Taw tiosph, And iu im 887,0044