The Sun.
London, England, 1852-11-25 00:00:00

RAILWAY INTELLIGNCE.

WATERFORD AND KILKENNY.
The report of the directors of this company, to be
submitted at the half-yearly meeting on Friday next,
states, that, owing to the very slow and unsatisfactory
progress made by the contactor in the works between
Knockwilliam and Dunkitt, the opening to the latter
place, within two miles of Waterford, has been post-
poned ; but the directors expect that the line will in all
probability be ready for the Government inspector on
the 10th of December next. The unreasonable demands
of certain owners of a portion of land near the intended
terminus at Waterford had left the directors no alterna-
tive but to apply to the Board of Works, in accordance
with the provisions contained in the recent act of Par-
liament. An arbitrator was accordingly appointed to
determine the amount of compensation to be paid for
the land required, and the board expect to receive his
award in a few days ; so soon as that is obtained, the
directors intend to have the works vigorously pro-
ceeded with on that remaining portion, so as to insure
the completion of the entire railway as speedily as
possible. The traffic receipts for the half-year on the
portion of the line now open are very satisfactory. The
line continues to be worked with great economy. The
old liabilities connected with the undertaking have been
completely cleared off. The works on the Waterford
and Limerick Railway are said to be rapidly advancing
towards completion, and the Waterford and Tramore
line is to be finished in May next. The traffic which
will thereby arise is expected by the directors to be ad-
vantageous to the Kilkenny Railway. The report of
Mr. Nixon, the engineer, states that the present con-
sumption of coke by the 14-inch cylinder locomotive
engines is now only 151 b. to 161 b. per mile, inclusive of
lighting and standing in steam, &c., instead of 321 b. to
341 b. per mile, as it was before the improvements were
made. The carrying stock and permanent way are in
goodorder. The capital account; to the 29th of Sep-
tember last, shows that 425,829/. had been received, and
422,1171. expended, leaving a balance of 3,7111., of
which 2,7651. was lent to revenue account. The revenue
account for the half-year ending the 29th of September
shows that 2,807/. had been received, and 1,7811. ex-
pended, leaving a balance of 1,0261.

THE DUTCH RHENISH RAILWAT.---SOllll5 interest has
been excited by the issue of proposals for a loan of
200,0001. sterling to the Dutch Rhenish Railway Com-
pany. It will be remembered that when the present
company purchased the railway from the King of Hol-
land, they subscribed for a capital of 2,000,0001., first,
for the purpose of completing the railway to Prussia ;
secondly, to make a branch to Rotterdam ; and thirdly,
to pay off the 9,000 bonds of 1,000 florins each originally
issued by his Majesty to provide funds for making:the
line. Of this capital 800,000/. has been paid up, but in
consequence of certain unforeseen impediments with
Prussia, as to the junction with their lines, a consider-
able delay has occurred in the completion of the road,
and about 400,000/. subscribed, but not immediately
wanted, was invested in the purchase of 3,700 of these
bonds, as also 100,0001. in the purchase of-land for
the Rotterdam branch. All difficulties are stated to
be now at an end. Treaties with Prussia, and con-
tracts with Mr. Brassey, have been signed. The rail-
way is to be completed in two years, and the Go-
vernment have agreed to guatantee the interest on
400,0001. while the works are in progress. The sum of
200,0001. is wanted for immediate purposes. A call
could be made, but the shareholders, considering that
they paid the 800,0001. for making the line and not for
purchasing bonds, wished the bonds in possession of the
company to be sold or pledged to raise the money now
required. To this the direction assented, and it not
being advisable to part with the bonds, the direction
have placed in the Bank of the Netherlands, in the names
of certain English and Dutch trustees, 2,400 bonds of
1,000 florins, or 831. Os. Bd. each, and are now about to
issue against them 2,400 certificates or loan notei (also
of 1,000 florins each) to be repaid by calls, July 1,
1858, and bearing interest at 44 per cent. These certi-
ficates are secured, first by the bonds deposited (which
are themselves guaranteed, first by the line, and second
by the King), and second by the company, who engage
to make a particular call to redeem these certificates,
and in payment of which call these certificates will them-
selves be received. The loan is to be raised at par, and
application is to be made on or before the Ist December.
The company engage also to redeem the loan at par, at
the expiration of five years after the date of the certifi-
•cates to be issued.

RAILWAY TRAFFIC RETURNS.
LONDON AND SOUTH-EASTERN RAILWAY.—Traffio re-
turn for the week ending Nov. 20, 1852 £34,470 17 3
Corresponding week last year 10,877 3 0

Increase in 1852 £3,593 14 3
LONDON, BRIGHTON, AND SOUTH COAST RAILWAY.—
Traffic return for the week ending N0v."20,
1852 £10,744 5 ' 4
Corresponding week last year 8,352 6 3
Total of the half-year to this date, 1852. 278,040 7 2
Total of the half-year to this date, 1851 287,481 7 9

THE GREAT NORTHERN RAH;WAY.—Traffic return for
the week ending Nov. 14, 1852 (285 i miles) £14,237 2 6
Corresponding week last year (24_14 miles) 10,300 14 8

LANCASHIRE. AND YORKSHIRE RAlLWAY.—Traffic re-
turn for the week ending Nov. 21, 1852 £15,940 7 1
Corresponding week last year 15,923 15 5
CHESTER AND HOLYHEAD ltAlLWAY.—Traffie return for
railway and steam-boats for the week ending
Nov. 21, 1852 23,219 7 4
Corresponding week last year 2,673 1 5

. ------
, -
. . ' Increase in 1852 £546 511
GLASGOW AND SOUTH-WESTERN RAILWAY.—Traffic re-
turn for the week ending Nov. 20, 1852 24,017 910
Corresponding week last year 3,632 13 8

• Increase in 1852 £3B4 16 2
Corot AND BANDON RAlLWAY.—Tiafric returh for the
week ending Nov. 20, 1852 (20 miles) • £llB 10 9
Corresponding week last year 32 6 9

THE QUEEN'S COLLEGE, BIRMINGIIA3I.—the engineer-
ing
department of this institution has Commenced its im-
portant operations, under the able and talented direc-
tions of Professors the Rev. W. Hunt, W.P. Marshall,
H. Rose, and G. Shaw. The Rev. Dr. Warneford has
enabled the college to erect a lecture-room, engineering
workshops, and rooms for resident engineering students,
and the same munificent patron has defrayed the ex-
penses of a supplemental charter, under the provisions of
which the council is enabled to confer by. examination the
degree of " engineers_- - - - ) - -