The Sun.
London, England, 1862-10-31 00:00:00

DEMERARA.

The half-yearly meeting of this company was held yes-
terday; at the London Tavern, Mr. J. A. Tiruie in the
chair.
The report stated that the working of the railway during
30 last had been carried on with
the half-year ending
much success, and that the :,laying of tee existing line had
been completed with the exceptio.7 of about two miles, the
rails for which were now in coarse 0: shipment. On the
subject of the light engines, the manager stated that the
working of the trains continued most satisfaet )ry; and that
the two tank engines more than maintained their chiTacter
for economy in working and regularity in running. The
accounts to June 30 last were made up in Liverpool by pub-
lic accountants of eminence, and had been carefully audited;
the traffic receipts for the past half. year amounted to £9,510,
being £773 less than for the corresponding period of 1861;
the working expenses, however, had been so much dimi-
nished that the net revenue showed an increase, notwith-
standing the falling off in the receipts, of £9BO, and amounted
to £2,000. In addition to this, more than half of the 4307
expended under the head of maintenance of way was an ex-
traordinary outlay for the reconstruction of the old line.
Means for completing the railway to Mahaica had been pro -
vided, and the liberal concession offered to the company by
the Colonial ordnance of November, 1859, would thus be
secured. The directors anticipated from the extension a
material addition to the traffic receipts, without a propor-
tionate increase of working expenses, and they had taken
measures to carry out the extension with all prudent de-
spatch. The conversion of all claims upon the company
into new preference stock was proceeding in the most satis-
factory manner, and there was no reason to doubt that the
line would be completed at a cost to the shareholders within
the original estimate. In forming the present Board it was
thought desirable that the shareholders both in Lon-
don and Liverpool should be represented—an arrangement
which the directors hoped would be regarded with general
satisfaction. The capital account showed that £292,891
had been received and £284,847 expended, leaving a balance
in stores and cash of £8,044.
The CHAIRMAN, in moving the adoption of the report,
stated that since the 30th of June last they continued to
receive the same satisfactory accounts of a reduction in the
expenditure. This had been effected by the renewal of the
parmanent way and the employment of a lighter class of
engines to work the traffic. The crippled state of the com-
pany's finances had long retarded those improvements. It
was only by great care and economy and the liberality of
the colony that they had been enabled to get the two light
engines which were now working so satisfactorily. They
expected an increase in the net revenue from a reduction of
expenses in working the line, and from an increase of traffic
on opening the extension line to Mahaica. The extension
would be proceeded with and completed as soon as possible.
They would all work for the good of the concern, and en-
deavour to obtain a better result than had ever been attained
by their predecessors.
Sir J. CARMICHAEL seconded the motion for the adop-
tion of the report, and it was carried unanimously.
The Liverpool auditors, Messrs. Gordon and Waterhouse,
resigned on the removal of the offices to London, and
Messrs. Bankhart and Randell were elected auditors for the
ensuing year. Thanks were voted to Messrs. Gordon and
Waterhouse for their past services, and the proceedings
concluded with a vote of thanks to the chairman and
directors.

SP 0.117 ING INTELLIGENCE.

NEWMARKET HOUGHTON MEETING
THuItSDAY.

The chief business of the morning seemed to be the sale
of horses in training belonging to the great French stable
now at Newmarket, which divided people's attention with
the adjustment of accounts on Wednesday's racing. The
intention of the sellers is explained by the fact that five lots
only were sold, and the Derby favourite bought in, although
4,000 guineas were offered for him. A slight mist suc-
ceeded a white frost at 12 o'clock, but it soon cleared off, and
a fine autumnal afternoon followed. The racing was very
good, several races producing large fields. A slight confu-
sion occurred in putting up the number of the winner of the
third race, and a very long delay took place in a half-mile
handicap, when a two-yr-old ran away with its tiny jockey
and galloped fire miles. Much time was thus lost, but a
walk-over for a free handicap enabled the last two races to
be expedited—and a subscription plate, which closed the
proceedings, was run within a few minutes of the prescribed
time. The winner of this race ran out at the finish, and
knocked down Mr. H. May, the trainer. Lord Stamford
at once galloped into the town, and sent Mr. Faircloth, the
eurgeon, to the
_spot on his hack ; in a few minutes the
sufferer beclme sensible, and was pronounced to have had
no bone broken. No betting on future events came under
our notice during the day.

Match. Last half mile of R.M., 1 mile 17 yards. 300 sous,

10 ft.
Capt. Lamb's King of the Forest, aged, 7st 71b

(A. Edwards) 1
Mr. C. Alexander's Thunderbolt, 5 yrs, 9st (E. Sharpe) 2
Betting-6 to 4on Thunderbolt.
King of the Forest jumped off with the lead, was never
after reached, and won in a canter by three lengths.
Handicap Sweepstakes of 15 soya each, 10 ft, for 3-yr-olds
and upwards. First half of Ab. M., 3 furlongs, 245 yds.
15 subs.

Mr. Bruce's Peignoir, 3 yrs, 6st 71b .... (J. Grimshaw) 1
Lord Stamford's Tisiphone, 3 yrs, 6st 101 b.... (C. Gray) 2
Lord Uxbridge's Keane, 3 yrs, 6st 21b .. (S. Adams) 3
The following also ran :—Hetty, Tolurno, Southport,
Confectioner, Annette, Sporting Life, and Fannie colt.
Betting-3, to 1 agst Peignoir, 6to 1 each agst Southport
and Keane, 6 to 1 agst Sporting Life, and 8 to 1 agst Tisi-
phone.

-
In consequence of Annette resolutely refusing to face the
flag, upwards of half an hour was lost at the post before
Mr. M'George could get them away. When the flag was
lowered the favourite, in company with Hetty, Tisiphone,
and Keane, was the first to show in advance, with the
others following at wide intervals. On entering the cords
Hetty dropped back, and Tisiphone and Keane joined Peig-
noir, the three running home together, the favourite win-
ning easily by two lengths, a length between the second and
third, Southport was fourth, Hetty fifth, Confectioner sixth,
and Sporting Life next,
Handicap Sweepstakes of 15 soya each, 10 ft, for 3-yr-olds
and upwards. T.Y,C., five furlongs 140 yards. 20
subs.
Mr. Jackson's Lady Louisa, 4 yrs, Est 101 b, car 6st 121 b
(Doyle) 1
Lord Stamford's Blackcock, 3 yrs, Est 51b .... (C. Gray) 2
Mr. Lapel's Warminster, 3 yrs, Est 71b .... (J. Plumb) 3
The following also ran :—Cowley, Caliban, Zora, Lord
of the Manor, V ltella, The Prophet, Introduce, Watch-
fire, Remunerator, Silkstone, and Walpole.
Betting-100 to 30 agst Blackcock, 5 to 1 each agst Silk-
stone and Remunerator, 10 to 1 each agst Zora, Lord of the
Manor, and Watchfire, and 100 to 8 each agst Lady Louisa
and Walpole.
Warminster cut out the work, closely attended by Lord
of the Manor, Blackcock, Lady Louisa, and Zora, with the
others lying close up to the cords, where Zora went to the
front, and carried on the running to half way up, when she
dropped back, and was immediately headed by Blackcock,
Warminster, and Lady Louisa in the order we have given
them, who ran locked together to within a dozen strides of
the chair, when Doyle brought up Lady Louisa with a
rush, and won an interesting race by half a length, a head
between the second and third ; Zora was fourth, Remu-
nerator fifth, The Prophet sixth, Voltella and Watch-
fire, close together, were the next two, Cowley being the
last.

Sweepstakes of 10 sova each. for 2.yr-olds, 7st ; and 3-yr-
olds, Sat 121 b ; f allowed 21b. The winner to bo sold for
80 sovs, if demanded, &c. T.Y.C. 4 subs.
Mr. Payne's Antidote, Est 121 (J. Grimshaw) 1
Mr. Ashworth's Peneus, Bst 101 b (Custance) 2
Sir W. Booth's Languish filly, 6st 121 b (A. Woodhouse) 3
Betting—Even on Antidote, who waited upon Peneus to
the cords, then headed her and won easily by three lengths;
bad third. Mr. Ashworth claimed the winner.

Sweepstakes of 50 sous each, h ft, for 2-yr-old colts, Bsl
101 b ; fillies, Bst 10113. Ab. M. 7 furlongs 212 yards
11 subs.

Mr. T. Valentine's Queen Bertha, Bst 51b .... (Alderoft) 1
Capt. D. Lane's Blue Mantle, Bst 101 b.... (G. Fordham) 2
Mr. G. Bryan's Falcon, Bst 101 b (Lynch) 3
Betting-11 to 10 agst Queen Bertha, and 12 to 10 agst
Blue Mantle.

Queen Bertha made play, was never approached, and
won in a canter by eight lengths, four lengths separating
the second and third.

Selling Handicap Sweepstakes of 10 Boys each, for 2-yr-
olds and upwards. The winner to be sold for 100 sovs,
if demanded, &c. Last half of Ab. M. 3 furlongs 217
yards. 21 subs.
Mr. Lincoln's Estrelda, 3 yrs, 7st 31b (H. Taylor) 1
Mr. Mundy's Bolero, 3 yrs, Bst
Mr. Newland's Palmeriu, 3 yrs, 7st 71b (Bullock) 2
...
Mr. T. Stephenson's Vigil, 3 yrs, Tat 91b . (T. French) 3
(Perry) 4
The following also ran:—Grisette, Sheerness, Lachesis,
Churchman, Dutch Sam, Currie, Princess Charlotte colt,
Lady Harriet colt, The Herald, Ery this,
The Flower
Safety, and Buck.
Betting-4 to 1 agst Erythia, 7to 1 agst Grisette, to 1
each agst Bolero and Dutch Sam, 12 to 1 agst Pal e,
100 to 7 agst Churchman, 100 to 6 agst tho Lady Harriet
colt, and 20 to 1 agst Estrelda.
11'
the horses breaking away. The Flower Safety, overpu mg
Another tedious delay took place at the post, several of
S. Adams, bolted with him, and ran nearly the Cambridge-
shire Course before he could stop her, but on reaching the
Bushes hill on his return she again jumped round, and ran
the same distance, when she was stopped. F. Adams, an
manner. Estrelda, with Palmerin, Bolero
se ltda
re
tr. brother,wliet, rtohdee ha
flag
her
sa clko
wteor e
dthe
eploostt
ebfut t she t
h ep
odsi
td not
in
separating the
very straggling a lead of some lengths, and came on by
g,
aeenletnhgeththird aendrufrionurinthg.,
i andly b
ay
hae a nd ebeekt,w
themselves, the former making the whole of th
VonAdvinuanidntghterdas,
Erythia was fifth, close up, the Princess Charlotte colt
sixth, Buck seventh, and Herald next,
Sweepstakes of 10 sovs each,'for 2
fillies Bst 7113. The -yr-old colts Bst 101 b, and
winner to
half of Ab M. 8 subs, be sold for 40 sow. Last

Mr. Jackson's Antar, Bst 101 b (Bullock) 1
Mr. Marshall's Presnmption, Bet 101 b, (Clement) 2