The Sun.
London, England, 1865-08-26 00:00:00

DUBLIN AND BELFAST JUNCTION.

The half-yearly meeting of this company was held
on Wednesday, in Dublin—Mr. J. Barlow in the
chair.

The report, an abstract of which has appeared in
The Sun, was taken as read.

The CHAIRMAN, in moving its adoption, stated
that in the first eight weeks in the current half year
the traffic had steadily augmented, showing an in-
crease of £650 over the corresponding eight weeks
of 1864, notwithstanding that the traffic of the cor-
responding weeks of 1864 was increased extraordi-
narily by the Belfast riots. He was aware that the
Exhibition might have brought up a few passengers.
The traffic of the corresponding half of 1864 ex-
ceeded that of the corresponding half of 1863 by
£l,OOO ; and the excess of the traffic of the last half
year over that of the corresponding one of 1864
was £6OO. He thought it was most satisfactory.
The works were in the most perfect order, and
the traffic had been conducted with the usual
care and economy. The increase in their profit
this year, when compared with the corre-
sponding half of 1864, was about £3,200,
which would represent 15s. per cent. on their capi-
tal; but the £3,200,was not all comprised in traffic,
a portion of it was obtained from the great reduction
they had been enabled to make in their interest
charges. The directors recommended a dividend at
the rate of 3+ per cent. per annum, leaving £1,900
for next account. During last half-year they had
carried 500 more passengers and 1,000 more cattle
than in the corresponding period of 1864. They had
sold their Government stock which had remained so
long on their hands, and it had brought more than
they expected. The board had adopted every means
in their power, and given directions to their officers
to take care of the cattle trucks, so as to prevent
contagion in the conveyance of cattle.
A long discussion ensued on the desirability of an
amalgamation of their line with those of the Dublin
and Drogheda and Ulster lines, which it connected,
and a general expression of opinion in favour of the
scheme was given. The report was adopted, and a
dividend at the rate of 3i per cent. per annum de-
clared.

GREAT FLOOD IN EAST SUFFOLK.—It rained very
heavily on Thursday morning in the neighbourhood
of Halesworth and Beccles, and great quantities of flood
waters accumulaled. The traffic was impeded on the East
Suffolk division of the Great Eastern Railway, the line
being in some parts undermined and in others completely
blocked with the accumulated soil. Near the Halesworth
station the water rushed down the line as down a water-
course. The Bungay-road leading to the station having a
considerable incline, and being deluged with water from
the adjoining fields, was forcibly'broken up, a large gully
being ploughed into the hard road in some places nearly 2ft.
deop and 3ft. or 4ft. wide. At Beccles the min came down in
torrents, bearing the resemblance of one continuous sheet of
water. A groat many houses were inundated, and the traffic
on the railway was completely stopped, the passengers from
the early express trains from Yarmouth and Lowestoft
being obliged to proceed by the Waveney Valley line. On
Thursday night the flood subsided, and yesterday the rail-
way company had cleared and repaired the line and resumed
the traffic.

THE IRON AND COAL DISTRICTS.--Some time
since reference was made to the continuous emigration
from the iron and coal districts of South Wales, and the
inconvenience it caused to the large employers of labour.
It was then predicted that many of those who left, more
especially those who emigrated to the United States, would
be sadly disappointed in their expectation; and the pre-
diction has already to a great extent been verified. A num-
ber of the emigrants who recently went out to the States
under the auspices of the American Emigrant Society
have returned, and they give a gloomy picture of the
country as regards the employment afforded to the work-
ing population. Since the close of the war it appears that
great stagnation has prevailed in the iron and coal trades,
and the result is that there aro thousands of hands unable
to obtain regular emplosment. It is true that wages are a
little higher, but the difference in the prices of the neces-
saries of life is so great that the working man is, after all,
bettor off in this country. Those who have returned
state that a large number of others, who were induced to
go out by the reports of interested emigration agents, are
Preparing to come back to the mother country.
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always useful in relieving pain, in reducing inflammations
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boon to the poor when struck down by illness. Holloway's
medicines should be in the possession of all soldiers, sailors,
and emigrants, who will then be in a position to ease pain
and cure disease, when medical assistance cannot be ob-
tained.