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

APLIL

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 Wales—Loans on mortgage, bearing interest at
4 per cent. per annum, for periods not less than three,
and not exceeding seven years.
Leeds Northern—At ifki per cent. per annum, for
three, five, or seven years, in sums of 1001. and upwardi.
Glasgow and South-Western—ln sums of 5001. and
upwards, for terms of not less than three years.
Manchester, Buxton, and Maticek—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.
London 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.
Briitol and Exeter—Are ready to either pay off im•
mediately, in cash, any debentures which beer interest
at 5 or 4f per cent., or to grant perpetual Preference
Four per Cunt. Stock in exchange for them, alloi,ing
forthwith, in either case, to the holders, the difference
of interest.

Cork and Bandon—On debentures, in sums of not
less than 1001, for fivo or seven years, bearing in.
terest at the rate of 41 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 markot 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 4,0004 or
5,000/. This, together with a guarantee of the Belgian
Government to the extent of 16,000/, is pledged to pay
5i per cent. upon 280,000/., 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 Belgian 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 2501. or 101. each, bearing 5f 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 FANE 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 Bdry.
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 reso.
lutions now proposed for adoption.
The CHAIANAN then put the resolution for the ap-
proval of the Bill now before Parliament.
Mr. ANDERSON seconded the 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, 0; 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 AMBEIWITEe—We men-
tioned in our last that the London and North-
Western and the Great Northern having entered
into an arrangement between themselves not to treat
with the Ambergato 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.—Berapath's journal.
ST. ANDREWS AND QUEBEC.,--This company con-
cluded a contract on Thursday for making the section
from St. Andrews to Woodstock (80 miles), with Messrs.
King, Sykes, and Brookfield, of Sheffield. Tho con.
tractors are to proceed immediately to the works.._
Railway Times.
MORAYSHIRE.--WO learn that Provost Grant, of
Elgin, on behalf of the Morayshire Railway Company,
has taken off, on the Earl of Seafield's land, a large fuse
the other day, at the terminus, foot of Moss-street, for
an inn, collarege, stabling, and other accoretnodations
The railway works proceed apace in the most satisfac-
tory manner.—Ferree Gazette.
SOITTIPEASTERN AND READING, GUILDFORD,
AND
REIGATE.—The Committee in reporting proved tl' .0 pre-
amble of the Bill fur merging the latter in the former
company, state that the Committee considered it just
and
right that the securities in the shepe of perpetual
annu-
ities to be given to the shareholders in tho
Guildford, and Reigate should take precedence evading,
ing preference shares in the South- eastern, inasmuch°eis‘-
they ere to be in substituien or an annual rent as
payable by the South-chst ern, aad .now
Len rent, so lona,
as payable, is a prior charge to the pnyt..
or dividend on preference shares. payment of interest

GRAN•
T Fog,PunLic Worms A.ND
There was Printed
on Monday a Parliamentary paper, allow-
ing that for the year 1852-53 the grant required for public
works and buildings is 621,2311. In the preceding year the
sum Toted was 508,6531., and in 1850 587,5041.