The Sun.
London, England, 1862-08-04 00:00:00

ST. HELENS.

The half-yearly meeting of this
company was
held on Tuesday at Liverpool; Mr.
Greenall in the
chair.
The report stated that the gross revenue for the
half-year amounted to £52,080, and the expenses,
including renewals, to £21,029, leaving a surplus of
£31,054. From this was deducted £7,448 for inte-
rest on loans, leaving £23,602, to which was added
£l3O from the preceding account, ni„king, £23,732
dividends, available for the various being at the
rate of 3 per cent. per annum on the A or ordinary
stock, at the rate of 5 per cent. per annum on the
B and G stocks and shares of 1860, at 41 percent.
per annum on the D and E stocks,
and at the rate
6 per cent. per annum on the C and F stocks,
leaving a balance of £7l. Notwithstanding the
depression in trade generally, the receipts for the
half-year were slightly in excess of those for the
corresponding period of 1861,while a further reduc-
tion in the working expenses had been effected.
During the half-year the addition of a second line
to the Blackbrook branch had been completed. The
directors had not found it necessary to take any
part in
Parliamentary contests in
the present ses-
sion. The capital account showed that £1,387,509
had been received and £1,381,454 expended, leav-
ing a balance of £6,055.
On the motion of the CTIAIRmAN. resolutions

adopting
the report and declaring the dividends
recommended therein were passed.
The retiring directors and auditor were re-elected,
and the proceedings concluded with a vote of thanks
to the chairman.

NORTH BRITISH.

The directors of this company on Friday cele•
brated the opening of the new line from Carlisle

to Edinburgh, at a banquet in Carlisle. The whole
of the shareholders of the amalgamated compa •
nies, numbering some 12,000, were invited to be
present. Arrangements were made for them to in-
spect the new line on Thursday, Friday, and Satur-
sdoany,
.I;i.p.,
and about 600 availed themselves of this op-
portunity of passing through the picturesque
scenery of the borders. Dinner was provided in
the new engine sheds of the company, Mr. R. Hodg-
.
IpoenldBesn7cethwee
toast
yhh
iaci
hr
weremtha they
a yo
vstmeh
ra u the
celebrating.
co Rpan amalgamatedy with companies,The
aThey
hlan de
presiding.
In responding to the of " The North
British Company," the CHAIRMAN alluded to the
csatrurrigegdleas stehr
series
company
struggles
easd t
o hada s fuooro e
ssthatu issue.nde-
l
under 150 miles in length, and at the present
moment they were in possession or in prospect of
above 500 miles, and, in place of being dictated
to by other companies, who had power to crush
them at any moment, they were competent to main-
tainl rtahueki r
owithn. thTeirheyponwewerfhuladnNeigewhbeosustrlse,
They system,
present
na
tt
theaa nnddeCte!ha holdrue Ira sel
end
atd rotuhne
dseoeuat
and
dend e
rotfh t. h e iTr
possessed the whole line of communication on the
east coast between the Tyne and the Tay, and he
now thought the duty of the North British Com-
pany was to pause and consolidate and develope the
resources of the district they were in possession of,
and thus augment their revenue, to be in amity
with their neighbours, and to carry out clearly and
fully those principles which from the first they had
adopted, " open routes, and freedom of traffic from
one end of Scotland to the other."

Several other toasts were given and responded
to, and special trains conveyed the shareholders
home in the evening.

711 E NAVY.

The recently launched frigate the Prince Consort,
51 guns, is undergoing the process of armour-plat-
ing in the dry dock at Pembroke. Some of the slabs
have been forwarded from Rotherham, and they are
prepared for the vessel on the spot. The dock in
which this fine ship lies is one of the most capacious
we possess. It will admit the warrior with ease
when that vessel cannot enter other docks.

The paddle wheel steamer Terrible, 22, 800 horse
power, attached to the Chatham steam reserve, is
undergoing some very extensive repairs, which,
owing to her serious defects, will be a considerable
time on hand. Her main paddle shaft, being very
defective, is to be replaced by a spare one of the
Retribution, 28, 400 horse power, now in store.
The customary holiday to the workmen and other
persons employed at Chatham dockyard, on the oc-
casion of the annual visit of the Lords of the Ad-
miralty, will take place this afternoon, when the
whole of the establishments will be closed.

Orders were on Saturday received at Chatham
directing the target ordered to be built at that dock-
yard to be constructed of iron plates, with a backing
of oak and teak, on the plan of the Warrior. The
target is intended to be used at Shoeburyness dur-
ing the approaching trial of the new description of
Armstrong gun.
The following appointments have been made at
the Admiralty :—Capt. Arthur Farquhar to the
Hogue, vice Capt. Macdonald, whose period of ser-
vice has expired ; Dr. Frazer to be staff surgeon of
Devonport dockyard, vice Folds, placed on the re-
served list ; Dr. Lyall, to be staff surgeon of Pem-
broke dockyard, vice Frazer ; J. Rothery, engineer,
to the Racehorse; William Young, Ist class assist.-
engineer, to the Rattler ; Thomas Scott, (a) acting
first-class assist.-engineer, to the Pembroke; John
A. Rowe, acting second-class assist.-engineer, to the
Indus, for the Leopard; W. T. Dixon, paymaster,
additional, to the Severn ; and Charles S. Jopling
has been nominated to a naval cadetship.