The Sun.
London, England, 1853-03-16 00:00:00

the result will be, and that estimate they will submit to
the meeting. On the 15th November last, the directors
laid before the proprietors a summary of the measures
which they thought were then demanded for the protec-
tion and advancement of the interests of the South-Eastern
Railway Company. One of those was to effect a junction
or approximation of the stations of the Reading, Guild-
ford, and Reigate Branch, and of the Great Western Rail-
way, and as no arrangement has been offered by the Great
Western Railway Company, the bill for that purpose is
proceeding, as is one for extending the North Kent line,
by the Angerstein branch, to Blackwall Point. The di-
rectors are convinced that no wiser step can be taken by
the company than to continue the Greenwich Railway
through Greenwich-park, at a suitable time, so as to give
a direct communication between Greenwich and Woolwich,
and to Blackwall Point, to connect the Greenwich line
with the East and West India Dock Junction Railway by-
a steam ferry. The opportunity for considering the mea-
sure for passing through Greenwich-park this year has not
been afforded, as the Astronomer Royal has not completed
the experiments with which he was charged by the Admi-
ralty. The directors deposited plans for the continuation
of the North Kent line from Strood to Maidstone, and
also for a line from Lewisham to Croydon and Bromley,
which they hoped to accomplish on joint account with the
Brighton Company. The directors commenced a correspon-
dence in October last with the directors of the Brighton
Company,- suggesting to them the fitness of constructing
the Lewisham, Bromley, and Croydon extension at the
joint cost and on the joint account of both companies. To
this they had hoped that they had received and, would meet
with a ready assent and co-operation ; but to their surprise,
without any notice to them, or any communication leading
to a supposition that such a measure was afloat, they
saw, in the public prints, inserted on the last day
which the standing orders of Parliament admitted of, a
notice that the Brighton and South-Western Companies
proposed to amalgamate. The Brighton Company offer
now to assent to the construction of the Lewisham, Brom-
ley, and Croydon line on joint account, or to concur in its
withdrawal ; but the whole matter requires a more full
attention on the part of the proprietors than the directors
can, invite in a half-yearly report. In obedience to the
resolution of the proprietors at the last half-yearly general
meeting, notice was given to the proprietors of the Can-
terbury and Whitstable Railway Company of the South-
Eastern Company's intention to exercise the option to
purchase the railway. The directors communicate with
satisfaction the report of the committee appointed by the
railway company and by the South-Eastern and Conti-
nental Steam-packet Company, with the object of assisting
the directors in proposing a plan for the amalgamation of
the interests of the two companies. A copy of the report
is annexed. It will be observed, that the committee had
the steam-boats valued by the surveyors of Lloyd's, and
and that their united recommendation is, that those steam
ships be purchased at the valuation so arrived at, and that
thua the interests of the two companies become united.
In the bill for the purchase of the Canterbury and Whit-
stable Railway, and for the purchase of the steam-boats,
permissive powers for the company to raise 500,0001. are
included. Nearly 100,0001. of this sum is required for the
purchase of the Canterbury and Whitstable Railway,
99,4061. for the purchase of the steam-boats, and 300,C00/.
fOr the' general purposes of the company. These subjects
will come before the proprietors for consideration at
a special meeting, which the directors will call for the
purpose, at such time as the proprietors shall de-
termine,- and ,as shall be consistent with the rules
of Parliament. The state of the money market in the
autumn, and the speculative tendency which was
thereby induced, led to proposals for the construction of
various railways in Kent, interfering with the interests of
this company, and the completion of the railway system in
that district, and hence the suggestions contained in the
letter to the proprietors of the 13th Nov. The proprietors
at the special meeting which will be held, will no doubt
decide on these projects, not only with regard to their ab-
stract fitness at any time, but also with regard to the im-
mediate effect which their execution would have on the
company's position and interests generally. No further
communication has passed between the directors and the
promoters of a line from Strood to Chilham and Canter-
bury since the last meeting, except that the noble chairman
of that company called for a statement from the chairman
of this company whether the report in the Times newspaper
of what passed at the general meeting of the South-Eastern
Company, held on the 9th of September last, were correct,
and he was answered in the affirmative. The directors
have felt it to be their duty to appear as opponents to that
project in Parliament; and it will be necessary for the com-
pany to continue in the attitude of opponents in order to
prevent the company's interests being compromised. The
directors earnestly hope that the position of railway pro-
perty, and of railway proprietors, may be beneficially affected
by the measures which result from the labours of the com-
mittee of the /louse of Commons now sitting on the sub-
ject of railway amalgamation, and future railway legisla-
tion.. The amount at the credit of the profit and loss ac:
count, 136,4641. Os. 5d., will allow of a dividend of 11s, per
301. stock, and will leave a balance of 1,520/. 12s. ld. The
increase which took place during last half-year in the do-
mestic traffic of the South-Eastern Railway gives the direc-
tors confidence in the position and prospective resources of
the company."
The following is the report of the committee of pro-
prietors of the South-Eastern Railway and the South-
Eastern and Continental Steam-packet Companies asso-
ciated with the directors to negotiate terms for the con-
solidation of the interests of the two companies :
" Your committee have to report that at their first meet-
ing, held on the 14th of October, 1852, an account of the
origin and history of the South-Eastern and Continental
Steam-packet Company was laid before them, and it was
resolved, ' That the chairman and committee of Lloyd's be
requested to appoint the surveyors of Lloyd's register of
shipping to examine and report the condition of the hulls,
materials, and machinery of the steam-packets now the pro-
perty of the South-Eastern and Continental Steam-packet
Company, and their present value.' The chairman and
committee of Lloyd's accordingly- instructed Mr. Martin
and Mr. Courtenay to carry out the wishes of the com-
mittee, and these gentlemen furnished the following
report :

" Lloyd's Register of British and Foreign Shipping,
" ` London, December 6, 1852,
• " 3, White Lion-Court, Cornhill.
" `This is to certify that the undersigned surveyors to
this society did, at the request of G. S. Herber '6, Esq., secre-
tary to the South-Eastern Railway Company and to the
South-Eastern and Continental Steam-packet Company,
dated the. 26th of October last, and in obedience to the
committee's commands of the same date, proceed at various
times to Folkestone, " for the purpose of ascertaining the

present state of efficiency of the eight steam-ships itereafter
mentioned, and their fitness for the purpose for which they
are intended, viz., plying between the ports of Dover and
Folkestone and Boulogne and Calais, in the service of the
South-Eastern Railway Company, also their present value."
We, the undersigned, having thoroughly examined the said
vessels, with their engines and equipment, are of opinion
that, when the inconsiderable repairs now in progress are
completed, the said eight steam-ships named at foot will be
in an efficient state, and we consider them well suited to
the service for which they are intended, and we estimate
their aggregate value at the sum of ninety-nine thousand
four hundred and six pounds (say 99,4061.), including hulls,
machinery, furniture, boats, and stores complete, also the
necessary repairs above-mentioned—Princess Mary, of 212
gross tonnage; Princess Maude, 233 ditto; Queen ,of the
Belgians, 216 ditto; Queen of the French, 216 ditto; Prince
Ernest, 247 ditto; Princess Clementine, 288 ditto; Princess
Helena, 302 ditto; Lord Warden, 308 ditto.

" ' JAMES MARTIN.
" `PETER COURTENAY.'

"Your committee have resolved to recommend, for, the
adoption of the proprietors of the two companies, the fol-
lowing resolutions, viz.:—That the sum of 99,4061., being
the valuation made on the 6th December by the surveyors
appointed by the committee of Lloyd's on the eight steam-
ships belonging to the South-Eastern and Continental
Steam-packet Company, viz., the Princess Mary, Princess
Maude, Queen of the Belgians, Queen of the French,
Prince Ernest, Princess Clementine, Princess Helena, and
Lord Warden, be the price at which, upon the passing of
an act of Parliament enabling the South-Eastern Railway
Company so to do, the steam-ships and other property in-
cluded in the report and valuation be taken over from the
South-Eastern and Continental Steam-packet Company.
That' to facilitate the settlement between' the two com-
panies, the working of the steam-ships from the Ist Aug.,
'1852, to the 31st January, 1853, shall be considered to be
on account of the Steam-packet Company, and that the
sum of 99,4061. and the amount of the -valuation of the
plant and stores on shore on the 31st January, 1853, shall
bear interest at the rate of 41. per cent. from the' Ist
January, 1853, until three months after the passing of the
act. That the proprietors of the Steam-packet Company
shall then have the option of receiving the amount respec-
tively due to them in cash, or in a debenture of the
South-Eastern Railway Company, at five years date,
bearink 41. per cent. interest per annum, and that at
the end of the five years, the steam-packet proprietors
shall have the option of receiving payment of that deben-
ture, or of converting it into the ordinary stock of the
South-Eastern Railway Company at par, provided three
months' notice in writing of such option be given, expiring
prior to the termination of the five years. Your committee
hive every confidence that this. proposed arrangement of
the relations of the two companies will be deemed by both
a fair and honourable compromise and settlement."

The report of the auditor Says :
" The capital expenditure of the half-year is 199,0661.
11.5., the character of which may be thus indicated :—Main.
line and Bricklayers' Arms extension : New sidings, Um-
, ber cranes, turntables, approach roads, passenger sheds,
coal stores, and stabling at stations. Proportion of cost of
converting timber viaduct into an embankment, substitu-
station,
tion of iron for wooden bridges, strengthening roof of the
cost of new weighbridge and paving, additions to
the carrying
stock in the goods department, land purchases
and cost of apportionment of tithe-rent charge, and pre-
paring for sale of surplus property.—North and Mid Kent
lines, Greenwich widening and London station enlarge-
ment : Balance of Mr. Brogden's contract, and legal ex-
penses attending the same. Land purehases, apportion-
ment of the rent charge, redemption of land tax, extension
of sidingsballasting of new roads, erecting new sheds and
stabling, timber cranes, turntables, bridges, signals, elec-
tric telegraph, erection of waterworks and engine house,
asphalting and paving, and architect's charges.— Ashford
to Canterbury 'Land purchases settled. New turntables
and waiting rqems.—Ashford station enlargement : Erec-
tion of gaaworks, waterworks, foundry, carriage sheds,
cottages, and making new roads.—Tunbridge Wells and
Hastings : Balance of contracts for, construction, extension
of
sidings, approach roads, timber cranes, weighing ma-
ccrinnaestfonwaoitfingeurtootinrms,, aannddgooapdpsortshioendsm,eniteoraf alteration
tithe-rent
charge.—Ashford, ye, and Hastings : Final settlement
of contractor's accounts. Land purchases and costs. New
schools at Ashford, cottages at Hastings and St. Leonards.
Apportionment of tithe rent charge and redemption
of land tax:—Reading, Guildford, and Reigate : Parlia-
mentary and law costs of amalgamation of the two compa-
nies. Approach roads, fencing, electric telegraph, cranes.
Apportionment of tithe-rent charge, redemption of land
tax, preparing for sales of sprplus land. Locomotive de-
partment : The expenditure under this head is chiefly on
account of 179 new waggons in course of construction, and'
which will form an addition to the working stock. A pro-
portion of the salaries of the engineer in chief and star is
allocated to capital, in consideration of the superintend-
ence required by the lines and works in course of construc-
tion. The reserve fund, for the renewal of permanent way
and works, has been increased by 5,5251., being the value
of old materials (principally rails) applied for new sidings,
and charged to capital—and has, in addition to ordinary
renewals, borne an expense of 063/. 13s. 3d. for works to
Gravesend basin and locks, proportipn of conversion of
Bricklayers' Arms viaduct into an embankment, the con-
struction of bridges and platforms, for damage done to the
embankments and the Strood tunnels by the heavy rains,
and for repairs to Dover sea wall. The sum of 5,1381. 65..
has been expended in promoting the five bills now before
Parliament, referred to in the directors' circular of 15th
November, 1852 ; this sum, pending the consent of the
proprietors and the decision of the Legislature, stands on
the credit side of the balance-sheet, with a view to a proper
distinction being preserved between the present and any

new capital which the company may be authorised to raise.
As to the closing of the capital account, we desire to reite-
rate the opinions we have previously expressed in reference
to that subject. The attainment of that important object
will be facilitated by the estimates which, by resolution of
the last half-yearly meeting, the directors were requested
to prepre, and upon the approval of which it appears to
us that the exact limits of the capital expenditure may be
finally determined, subject only to reduction by means of
the proceeds of surplus lands and property."
From the engineer's report it appears that—
" The total length of railway belonging to the South-
Eastern Railway Company open for traffic is equal to 2701
miles of double line. Of this length 54i miles are still
maintained by contract, and are charged against revenue
at the rate of 501. per mile for the half-year. The length
maintained by the company is there 216 miles. The sum
expended during the past half-year in wages, ordinary
stores, engine hire and staff for the maintenance of this
length of road has been 10,109/. 11s. 4d., or at the rate of
461. 16s. ld. per mile. This is an excess of the usual
cost, and-was occasioned by the extra labour and watching
required in consequence of the extraordinary amount of
rain that fell during four successive months of the last
autumn. By the expenditure thus incurred, the company
was enabled to carry on the traffic of the line throughout
an unprecedented season. The effect of the season upon the
road has been most severe, but it is being remedied by the
introduction of a more efficient system of drainage, and the
substitution of creosoted sleepers for those found to be de-
cayed. Fresh ballast is at the same time being laid down
in most of the cuttings. These works will be carried on
without increasing the ordinary current expenditure of the
company in this department, The sum of 3,2321. 17s. Bd.
has been expended in the maintenance of the works. This
sum is also large, and the excess is due to the same cause.
The sum of 2,596/. Os. 2d. has been expended out of the
renewal fund in repairing such damages as exceed the na-
ture of ordinary works of maintenance. 7,246/. Bs. 9d.
has been expended in relaying various portions of the line.
This sum includes the cost of 18,000 creosoted sleepers,
and a proportionate quantity of chairs and other materials.
Upwardsdown a t ovf a fir
ivoeu ms
si
tl ea st oo fn
swith
a se o
e e
replaced.
These sidings have been charged to capital at the market
value of the materials used, and the renewal fund has credit
for the same. The other works charged to the renewal
fund are the repairs and deepening of the Gravesend basin,
the completion of the earth-work on the Bricklayers' Arms
Branch, the partial reconstruction of bridges, and some
minor expenditure."

FROM THE LONDON GAZETTE of YESTERDAY.

FOREIGN-OFFICE, MARCH 11.
The Queen has been graciously pleased to appoint Robert
Bunch, Esq., now British Vice-Consul at New York, to be
her Majesty's Consul at Philadelphia,
FOREIGN-OFFICE, MARCH 15.
The Queen has been pleased to approve 'of Mr. John Lan-
dell as Consul in Australia, to reside at Sydney, for his
Majesty the Emperor of Brazil.
DOWNING-STREET, MA. Rcg 15.

The Queen has been pleased to appoint William Charles
SaTeaunt, Esq., to be Colonial Secretary for the district
of Natal, in South Africa.

ST. JAMES'S PALACE, MARCH 12

The Queen kas been pleased, on the nomination of the
Right Honourable Lord Foley, to appoint Duncombe Pyrke,
junior, Esq., one of her Majesty's Honourable Corps of
Gentlemen-at-Arms, vice Robinson, retired.
WAR-OFFICE, MARCH 15.
The following Lieutenants to be promoted to be Cap-
tains, without purchase :-
3d Light Dragoons—Edward George Swinton.
9th Light Dragoons—William Richard Newport Camp-
bell.
10th Light Dragoons—Thomas Sargent Little.
14th Light Dragoons—Robert Johnston Brown.
15th Light Dragoons—John Macartney.
Bth' Regiment of Foot—Ellis James Charter ; Robert
Stuart Baynes.
10th Foot—Robert George Jephson ; Charles Doyle Pat-
terson.
18th Foot—Anthony William Samuel Freeman Arm-
strong ; Isaac Henry Hewitt.
22d Foot—Herbert George Bowden ; Robert Blackall.
24th Foot—Charles Mackechnie ; Thomas Mayling Green-
sill.

25th Foot—George Bent ; Charles D. ,Pogson.
29th Foot—Henry George Walker ; Sir George Mervyn
Nugent.
32d Foot—Henry John Davies.; George Jeffrey.
51st Foot—John Henry Dickson ; James William Mans-
field. •
53d Foot—Thomas Moubray; Macartney Hume Oldfield.
60th Foot—Stephen Kenny ; William Hutchinson.
61st Foot—Andrew Grant; Drought, Richard Croas-
daile.
64th Foot—Lieutenant Henry Francis ; Alfred Picton
Bowlby.
70th Foot—James Maxey Buchanan ; Archibald J.
Oliver Rutherfurd.
75th Foot—William Thomas Smith ; Edward William
John Knox.
78th Foot—Alexander Mackenzie; Douglas Hastings.
80th Foot—George Samuel Young ; William Frederick
Adams Colman.
83d Foot—R. H. Payne Crawfurd ; John Sharman
Molony.
84th Foot—Spier Hughes ; Alexander Half hide.
86th Foot—John Rees Croker ; Charles George Butler.
87th Foot—John Halkett le Contour ; John Fitz-Gerald.
94th Foot—James Stewart Menzies ; George Dorehill.
96th Foot—R. F. W. Cumberland ; Herbert Vaughan
Mundell.•

98th Foot---Henry Thomas Richmond ; Richard Young.
The following Cornets to be promoted to be Lieutenants,
without purchase
3d Light Dragoons—Frederick Thomas Ongley Hopson,
vice Swinton.
9th Light Dragoons.—Robert Charles Kidd, vice Camp-
bell.
10th Light Dragoons—Edward Martin Roper Stapylton,
vice Little.
14th Light Dragoons—John Pitt Kennedy, vice Brown.
15th Light Dragoons—George Barrington Price, vice
Macartney.
Commission by the Lord-Lieutenant of Derbyshire.

William Wootton Abndey, Esq., to be Deputy-Lieu-
tenant, March 4.
Commission by the Lord-Lieutenant of Gloucestershire.
George Ruddle, Esq., to be Deputy-Lieutenant,Marchl2.
Commissions by the Lord-Lieutenant of the West Riding

of Yorkshire.

Ist Regiment of West Riding Militia—John Roddam
Stanhope, Esq. • Edward James Maude, Esq.—to be Cap-
tains ; John Micklethwaite, Richard Hewley Graham,
Henry Robert Baines Graham—to be Lieutenants, March 9.
3d Regiment of West Riding Militia—Thomas Marshall,
to be Lieutenant, March 9.

Commissions by the Lord-Lieutenant of the North
Riding of Yorkshire.
Captain Alan Frederick Cathcart, commonly called Lord
Greenock, to be Major, vice the Earl of Mulgrave, resigned;
the Hon. Amias Charles Orde Powlett to be Captain, vice
Lord Greenock, promoted, March 7,
Commissions by the Lord Lieutenant of Nottinghamshire.
Royal Sherwood Foresters, or Nottinghamshire Regi-
ment of Militia—Lieutenant Alfred Hurst Lowe to be
Captain ; Robert John George Henry Hewitt, Gent., to be
Ensign.

Commissions by the Lord-Lieutenant of Lancaster.
3d Regiment of the Duke of Lancaster's Own Militia—
Captain Montague Joseph Feilden to be Major, vice Hindle,
deceased, March 11; Captain Thomas Townley Parker to
be Major, vice Hornby, resigned, March 12 ; the Hon.
Edward Henry Stanley, commonly called Lord Stanley, to
be captain, vice Feilden, promoted, March 11; Lieutenant
William Nicholson to be captain, vice Parker, promoted,
March 12 ; Frederic Townley Parker, Gent., to be
Lieutenant, vice Meads, retired, March 11 ; En-
sign Thomas Woodcock to be Lieutenant, vice German,
promoted, March 11 ; Ensign Thomas Ellames Withington
to be Lieutenant, vice Worthington, resigned, March 12 ;
Thomas Hargreaves, Gent., to be Lieutenant, -vice Clarke,
resigned, March 14.

The following article is substituted for that which ap-
peared in the Gazette of the Ist March :
Commission by the Lord-Lieutenant of the Tower Hamlets.
Queen's Own Light Infantry Regiment of Tower Ham-
lets Militia—Ensign Frederick Brush to be Lieutenant,
Feb. 26.

Commissions by the Lord-Lieutenant of Montgomeryshire.
Royal Montgomeryshire Militia—Maurice Jones, Esq.,
to be Captain ; Henry Nicholls, Gent., to be Lieutenant ;
Herbert Owen Johnes, Cent., to be Ensign, Jan. 6.
Commission by the Lord-Lieutenant of Ayrshire.
The Prince Regent's Royal Regiment of Ayrshire
Militia—Ensign John Crichton to be Lieutenant vice
Charles M`Vitie, deceased, Feb. 28., ,
Commissions by the Lord-Lieutenant of Huntingdonshire.
Huntingdonshire Regiment of Militia—Arthur David
Veasey,' Gent., to be Captain ; Francis Madryl Cheere,
Gent., to be Captain ' • Frederick Nicholson Vane, Gent.,
to be First Lieutenant; Gilbert John Ansley, Gent., to be
First Lieutenant ; George John Rust, Gent., to be First
Lieutenant ; Arthur Pearse, Gent., to be Second Lieute-
nant, March 10.
BANKRUPTCY "ANNULLED.
Enoch Jones, ironfounder, Elton, Lancashire.
BANKRUPTS.
John ,Gally Hartley and William Jubilee Reed, ship-
wrights, Rotherhithe,' to surrender, March 31, at eleven, and
April 28, at twelve, at the Court of Bankruptcy. Bell,
official assignee, Coleman-street-buildings ; Miller and
Horn, King William-street.
Joseph Dunthorn, corn and flour dealer, Broadwall,
Blackfriars-road, March 22, at half-past one, and April 26,
at one, at the Court of Bankruptcy. Stansfeld, official
assignee ; Archer, Racquet-court, Fleet-street.
Robert Syer Hoggar, builder, Wolverhampton, March 31
Whitmore,an April 210,ffiaetitewle
assignee,
aetet,he
Birminghamhingham;
CorserDistri catnCdouur.nt .
rn
idernhillgba,m. Wolverhampton ; Mottera
nwicgrthtliP-roßaud, m andWKal Francis Young, draper, Union-place,
March 22, at half-past one, and April 26, at twelve at the
official assignee ; Reed,
Langford, and Marsden, Friday-street.
Court of Bankruptcy. Graham,
Preston •
'
8 and 29, at twelve, at the Manchester District Court • Lee,
an official assignee, Manchester ; Higson and Robinson, M.
Nicholas Crook, tailor and woollen-draper, , April
chaster.
William Gill, fustian manufacturer, Manchester, April 5
and 26, at twelve, at the Manchester District Court
Nottingham,
James Burgess,
she:lgregleyee,
muatnsfetid,
contractor, Chester, April 7 and 28, at
Fraser,bridge. official assignee, Manchester ; Sutcliffe,
eleven,Hebdou-
at the Manchester District Court. Lee, official
ass
April 1 And 22, at ten, at the Birmingham District
Court. Harris, official assignee, Nottingham ; Shllton and
Son, Nottingham.
Francis Robert Graham, licensed victualler, Fleet-street,
Brisley, Norfolk, March 22, at
April 4, at one, and May 5, at twelve, at the Court of
n A° el
e Plows,r
man u and
ry ;
WignilelieaPmMaßnuchtteesrtwerort;
Bankruptcy. Johnson, official assignee, Basinghall-street
Willis, Queen-street, Cheap.iaslideas;siLgnaeume,
Drake, East Dereham—
NBB
aoicynkelsOp
Robert
tl
acdn Ja
Temple,e Jewry-chambers.
r yao ny c
grocer,
2 a
G br
ao effiy sc
s.inn ;
half-past two, and April 29, .at twelve; at the Court of
l
Norfolk.

DIVIDENDS.
At the Court, Basinghall-street.
J. Barton, Sutton Valence, Kent, brewer, April 2, at
eleven—A. Belletti West India Dock-road, Limehouse,
mahogany merchant,' April 7; at eleven—J. Winzar, Salis-
bury apothecary, April 5, at half-past eleven.
In the Country.
J. Roberts, Liverpool, grocer, April 6, at eleven, at the
Court, Liverpool—G. Pryde, D. Jones, and J. Gibb, Liver-
pool, sailmakers, April 5, at eleven, at the Court, Liver-
pool—S. Flatow, Leeds, jeweller April 5, at half-past
twelve, at the Court, Leeds—S. C. Harrison, Sunderland-
by-the-Sea, linendraper, April 7, at halfrpaat Weir, at