The Sun.
London, England, 1863-08-29 00:00:00

,~

No. 22,206.

THE SUN, LONDON, SATURDAY EVENING, AUGUST 29, 1863.

Now ready, in 2 vols., post Svo.,
NED L 0 CKSLE Y, THE ETONIAN ;
On, AN ONLY SON.

RAILWAY INTELLIGENCE,

Icapitalized arrears 01 interest under the lease of the Atlantic
and St. Lawrence line, and with certain other sums of
capitalized interest on second preference bonds (not included
at the 31st of December last), and on adjusted debts,
together with the commuted arrears of rent upon the
Detroit and Port Huron. The amount which bad hitherto
stood in the " general balances" at the debit of the " Port-
land Sinking Fund ' had been transferred to capital account.
The operation of this fund, which:was intended gradually to
liquidate the Portland city loans, would ultimately reduce
the annual charge for bond interest, which formed a large
part of the lease rent of the Atlantic and St, Lawrence line.
The whole of the creditors of the commpany in England, and
many of the Canadian creditors, including the largest—
the Bank of Upper Canada—had been finally settled with
under the terms of the Arrangement Acts, 1862, and
deeds of relief and discharge had been executed. There
now remained the unsettled accounts with the provincial
Government, against which the Board considered the com-
pany had, if fairly dealt with, a much larger set-off. The
through arrangements with the Buffalo and Lake Huron
Company had been much extended and improved. A more
full interchange of traffic now took place, and an agreement
had been drawn up in Canada between the President of the
Grand Trunk Company, and Mr. Alexander McEwan, on
behalf of the Buffalo and Lake Huron Company, subject to
the sanction of the Boards of the two companies, by which
running powers were proposed to be interchanged between
Buffalo and Detroit for a period of three years. The agree-
ment also contemplated (but upon condition of satisfactory
arrangements being first made with the connecting railways
in the United States) the laying down at an early date of a
third rail inside the present sft. ein. tract, so as to permit
the cars of the American lines on the 4ft. Binfin. gauge to
pass from Sarnia to Bhffalo. All transhipment between
New York and Chicago or the Mississippi River would thus
be avoided, and a large accession of carrying power be ob-
tained without any other outlay of capital. The subject,
however, was still under discussion by the Boards. In con-
clusion, the Board trusted that the result of the half-year's
working, which reflected much credit on the company's
able executive, would be gratifying to the share and bond-
holders. A largely increased revenue had been earned at
diminished cost, and the net available balance of revenue
was larger than it had been at any previous period. A mate-
rial reduction had been made in the locomotive department,
especially in the cost of fuel, and the permanent way had
been improved.

SPORTING INTELLIGENCE,

LONDON, CHATHAM, AND DOVER.

A NOVEL.

Richard Bentley, New Burlington-street.

The halt•-yearly meeting of this company was held yes-
terday at the Grosvenor Hotel, Westminster—Lord Sondes
in the chair.
The report, an abstract of which has appeared in 2ne
Sun, was taken as read.
The CMAIItMAN, in moving its adoption, congratulated
the proprietors upon the increased traffic during the past six
months, which was satisfactory, although, owing to the
large amount expended in earning it, it had not benefited
the revenue. For the first three or four months of the half-
year the expenses had exceeded the receipts, it being abso-
lutely necessary that they should incur a certain amount of
expenditure in order to bring traffic to their line. The large
outlay was mainly owing to the company having no city
terminus, in consequence of which they had had to pay con-
siderable sums of money to the Brighton Company for run-
ning over their west-end line, and also heavy amounts for
carting goods, which had quite absorbed any profit which
might have been expended. This, however, would, he
trusted, be very shortly obviated by the opening of their
terminus at Blackfriars, after which they would not have
to run over the Brighton Company's line except to the sta-
tion at Victoria. The receipts on the Metropolitan exten-
sions, considering their incompleteness, had been satisfac•
tory, averaging since their opening between Victoria and
the Elephant and Castle upwards of £9O per week, and
since the opening toßeckenham the average receipts had been
£t3s a mile per week. In a very short time, he believed
on the 2d of next month, the second line of rails from
Faversham to Herne Bay and the double line between
Herne Bay and Margate, would be opened, but it would
not be completed to Ramsgate until the following month.
The bill which had been introduced into Parliament for
improving the approaches to the Victoria Station and con.
sructing a line to Greenwich had received the Royal assent.
The Brighton Company had agreed to subscribe one-half
of the cost (£120,000) of constructing two additional lines
of railway from victoria station to the ;south side of the
river, including the new bridge over the Thames, upon the
completion of which the existing lines would be handed
over to the Brighton Company, and the new lines devoted
exclusively to the traffic of this and the Great Western
Company which had agreed to contribute in the shape of
rent towards their construction in proportion to their use
of them. By arrangements with the South-Eastern Com •
pany running powers had been secured to Blackheath and
Woolwich, from which a large addition to their traffic
might be anticipated.

OXFORD RACES.-FILTDAY.

The Innkeepers' Handicap of 5 says each, with 40 added ;
winners extra. Half a mile.
Lord thteman's Miss Livingstone, 4 yrs, Bst 61b
(Fordham) 1
Mr. W. Robertson's Queen Elizabeth, 4 yrs, 7st 111 b
(Brewty) 2
Mr. Reeves's Odine, 3 yrs, 7st 31b (inc. 51b extra)
(J, Grimshaw) 3
Mr. Peake's Girdle, 4 yrs, Est 71b (H. Covey) 4
Mr. Greenwood's Our Nell, 3 yrs,6st 71b (A. Woodhouse) 5
Betting-7 to 4 agst Miss Livingstone, 2to 1 agst Odine,
3 to 1 agst Queen Elizabeth.
Odine made play to the distance, where she gave way to
the favourite, 'who was joined opposite the Stand by Queen
Elizabeth, and a, fine race resulted in favour of Lord Bate-
man's mare by a head; three lengths dividing the second
and third.
The Stratton Audley Nursery Handicap of 10 soya each,
with 100 added, for two-yr-olds ; winners extra. Three
quarters of a mile.
Mr. Ellison's Heber, 7st (Cannon)t 1
Mr. T. Parr's Glendusk, 7st 121 b (Heslop)t 2
Mr. Saxon's Jane Shore, 6st 131 b (Lightfoot) 3
Mr. Solomon's Aunt Judy, 7st 13Ib .... (H Grimshaw) 4
The following also ran :—Fisherman's Daughter, Izaak
Walton, Lorette, Idumea, Contractor, Marpesiafilly, Under
the Cloud, Petit Oiseau, Dilston, King of Clubs, and Der-
mot Asthore.

Betting-5 to 2 agst Jane Shore, 7to 1 each agst Aunt
Judy, Izaak Walton, Petit Oiseau, and the Marpesia filly,
8 to 1 each agst Dilston and Heber, 10 to 1 agst Glendusk,
100 to 8 each as King of Clubs and Dermot Asthore.
A fair start was effected, Aunt Judy being -the first to
bhow in advance after they had settled into their places, and
next to her lay rsaak Walton for the first quarter of a mile,
when Jane Shore rushed to the front, Izaak Walton, Aunt
Judy, Glendusk, Heber, and Lorette being next in a cluster.
Just after passing the distance Aunt Judy, Heber, and
Glendusk joined Jane Shore, the four running neck and neck
to the stand, where Glendusk and Heber got the best of it,
and a splendid race between the pair terminated in a dead
heat, the favourite being beaten a neck from the dead
heaters, and Aunt Judy a neck from the third; Petit Oiseau
was fifth, Lorette sixth, and the others pulling up, were
tailed by Dermot Asthore and Contractor.
Deciding Heat-5 to 4on Glendusk.
Won by three-quarters of a length.
The Princess of Wales Stakes of 3 toys each, with 200 added.

TRAFFIC RECEIPTS FOR THE WEEK.
Miles Opened. Receip

Lord HARRIS having seconded the motion for the adop-
tion of the report,
In reply to questions by Mr. HEDGCOCK,
The SECRETARY (Mr. Johnson) said that the interest on
the debentures and preference were not brought into the
revenue, but were included in the capital account. The
balance between the receipts and expenditure amounted to
£4,279.

Railways.

Three-quarters of a mile.

1863.

1862.

1863.

X 4 -
Belfast and N. Counties 136 136 2,353 2,391
Belfast and Comity Down 49 49 735 679
Blyth and Tyne 2B 28 2,041 1,573
Bristol and Exeter I2U 144 7,414 7,431
Caledonian
Cockermouth & Workington Si 8436) 317
Cork and Bandon 2O 20 371 289
CCoorrikt,aßnldacykrooth,
a&iPassage
3261
2761 261 266
513 431
Cornwall s3} 53% 1,639 1,668
..., ...

Mr. F. Jacob's Lufra, 3 yrs, 7st 91b (H. Grimshaw) 1
Mr. IL. Buckley's Tattoo, 5 yrs, Bst 91b..... • (H. Covey) 2
Mr. Baker's Bolero, 4 yrs, 7st 71b (Daley) 3
The following also ran .—Suburban, Tom Fool, Lord of
the Manor, Cairncastle, Camperdown, Peahen, Hunger-
ford, Damascus, Dolphin, Mountain Maid filly, Bohemia,
Overstone, Dark Lady, and Mail Train.
Betting-3 to 1 agst Lord of the Manor, 6 to 1 each agst
Mail Train, Mountain Maid filly, and Bohemia, 10 to 1
each agst Suburban and Tattoo, 100 to 8 agst Lufra.
The start was not effected evenly, as Mail Train was left
some distance in the rear, while Damascus jumped round
when the flag fell, and knocked down a woman who was
standing by, happily without injuring her. Bolero, Tattoo,
Peahen, and Camperdown got away in advance and lay
in front for the first quarter of a mile, when they were
joined by Tattoo, the Mountain Maid filly, Bohemia, Lord
of the Manor, and Lufra, and the lot oame on in a cluster
to the distance, where Lufra took a slight lead. Nearing
the stand Tattoo ran into her company, and the two
finished the race, which was in favour of the young one by
a neck; a length behind tho pair followed Bolero, who
ran through his horses as they neared home ; Bohemia
being a good fourth, and Dolphin, Black Lily, and Lord of
the Manor next; Mail Train, last throughout, brought up

Mr. HOLYROD added that the main line ought to earn
£5,000 per week to pay all working expenses, interest on
money borrowen, and preference shares, with the exception
of second preference. That was gross. The net earnings
ought to be £2,500 per week. If the line had been wot ked
at 60 per cent., it would have paid everything. The balance
of the capital account on the main line was £lOO,OOO, and
on the metropolitan extension £6,000,in which was included
the common fund, upon which the company has received
£400,000, and they had £600,000 more to come. It was all
placed and therefore certain. The second preferences would
get their dividend on the increase over the £5,000 per week.
Any further sum of money which might be required would
be raised after all the existing preference stock. More
money would be required, but the amount could not at pre-
sent be ascertained.

Deeside _ _

Dublin & Belfast Junction 63 gi
Dublin and Drogheda 75 63
Dublin and Meath
Dub. & Wicklow and Woad 5ll 484
Edinburgh and Glasgow Mt 169 k
Forth & Clyde Junction
Furness, &c
Glasgow & South-Western
Gt. Eastern,Nrik.,&E.Union
Great Northern 351 351
Great North of Scotland 5B 58
ot. Northn. & Westn. (Irel.) 7lg t 64
'3 t.Southn. & Westn.(lrind.) 359} 329
Great Western 1056} 10181
„..

1,4.1 1,401
1,897 1,930
180
2,915 2,668
9,028 8.388
338 339
2,810 2,124
9,537 9,189
29,992 29,617
31,877 33,070
2,328 1,944
461 374
0,871 8,810
63,927 68.176

2,025 1,264
1,774 1,673
40,250 37,735
192 182
100 133
780 777
105,837 105,333
2,198 2,247
25,528 28,544
22,965 210,05
6,316 7,097
1,400 -
2,779 2,482
15,490 14,735
1,307 1,26 z
1,336 1,211
1,544 -
46,105 45,842
4,619 4,236
1,565 1,721
2,559 2,555

Lord HARRIS said that the Board had done its best to get
rid of the Farnborough Extension, but the company had
some years ago entered into an arrangement with the Crays
Company for taking their line, and they were bound, there-
fore, in honour to carry it out. The necessity far the line
was now greatly diminished, owing to the South-Eastern
Company having a line running almost parallel with it.
Although they could not abandon it, they had succeeded in
getting it shortened.

_ .
he rear. _
The Consolation Plate of 60 so vs. Five furlongs.

Lord Westmoreland's Usher, 2 yrs, sst 121 b (Morris) 1
Lord Bateman's Miss Livingstone, 4 yrs, Bst 71b
(Fordham 2
Mr. Solomon's Curie, 3 yrs, fist 101 b (S. Adams) .1
Clementi, Crochet colt, The Prior, John Davis, Pixie,
Eleanor, and Bianca filly also ran.
Betting-7 to 4 agst Usher, 5 t o 2 agst Miss Livingstone,
4 to 1 agst the Crochet colt.
Clementi got the best of a bad start and ran with a clear

Mr. FORBES, the general manager, with reference to the
expenses, said that they were rather high, but they were
spending money in order to develope traffic. The traffic re-
ceipts were gradually increasing, and he believed they would
continue to do so, and they were therefore at the present
time standing at a maximum of expenditure and a minimum
of receipts.

lead to the distance, where she gave way to Usher, Miss
Livingstone, and Curie, the first-named winning easily by
half a length; four lengths divided the second and third;
The Prior was fourth, and Clementi and John Davis next;
Pixie last of all.

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AMERICA.

(REUTER'S 'TELEGRAMS.)
QUEENSTOWN, Friday.
The Royal mail steam-ship Arabia, from Boston
on the 19th and Halifax on the 21st, arrived here
at 8.30 p.m. to-day. She brings 109 passengers and
14,209 dole. in specie.

After having landed all her mails and 20 passen
gars, the Arabia proceeded at nine p.m. for Liver.
pool. All well.

(Per the Arabia.)

NEW YORK, August 17, Morning.

The Baltimore correspondent of the New Pork
Herald says that General Lee has been reinforced
by old troops and conscripts, swelling his army to
150,000 men.

It is officially announced that the draft will re-
commence in New York on Wednesday next.
General Dix has issued an address to the people
arguing the constitutionality and justice of the
draft, imploring them to offer no resistance, and
to preserve order. A revision in the enrolment will
prevent the possibility of personal injustice. Mr.
Lincoln has promptly consented to test the consti-
tutionality of the Conscription Act, but while the
tide of victory is moving on and treason flying
before it, God forbid that the State of New York or
its authorities should attempt to stay its progress
until the judicial proceee can be consummated. If
renewed attempts are to be made to defeat the exe-
cution of the law ample preparation is rGade to vin-
dicate the Government authority. The first exhi-
bitions of disorder or violence will be met by prompt
and vigorous measures for their repression.
The Provost Marshal General has replied to the
Judge Advocate's statements concerning the inac-
curacy of the enrolment. He claims that the en-
rolment was honestly and effectually made, and in-
sinuates a want of candour on the part of the State
authorities. The small results of the volunteering
since January last show there is a necessity of
another mode of raising troops.
The New York municipality will pay an exemp-
tion fee for all firemen and indigent drafted men.
The New York national committee will meet in
New York in September, under the presidency of
Mr. August Belmont, to appoint the time and the
place of the next National Convention.

NEW YORK, Aug. 17 (Evening).
Federal advices from Charleston to the 14th inst.
state that the Monitors were all prepared for action
upon the evening of the 13th. At daylight on the
14th the Federal batteries on Morris's Island
opened fire, which lasted for an hour or two, when
they ceased. The Monitors did not fire a shot. As
soon as the batteries ceased firing the Monitors put
op their awnings, and the bombardment was post-
poned till the 15th or 16th.
The New York Tribune says :—" Officers from
Charleston assert that Fort Wagner can only be
taken by assault, and if Fort Sumter falls it cannot
be occupied, as it will be battered to pieces. If
Forts -Wagner and Sumter fall other forts will
have to be overcome, and the Confederates are
erecting batteries all along the route to Charleston.
The Federal land force is deemed insufficient and
must be largely reinforced before there can be a
decisive result."

NEW YORK, Aug. 18 (Evening).
Charleston was bombarded on the 15th.
General Lee has made a demonstration on the
Federal left.

The draft recommences in New York to-morrow,
but no disturbances are expected.