The Sun.
London, England, 1865-11-24 00:00:00

THE RESCUE SOCIETY wishes to add another
home to 12 now in operation. Last year no fewer
han 455 poor, friendless, young females were rejected from
wP.at of FUNDS and room, making a total of 3,087, who have
been sent away in five years. Here are brief details of a few
of the most recent cases:
F. 1.4`., aged 16, fallen, mother dead, deserted by her father.
AL. A. F., aged 13, homeles,, both parents dead.
&. 8., aged 17, fallen, father dead, deserted by her mother
3. D., aged 15, fallen, mother dead.
C. 8., aged 15, fallen, mother dead,
A. 8., aged 10, fallen, both parents dead.
IL S., aged 14, homeless, deserted by her parents,
M. 11., aged 17, fallen, both parents dead.
C. H., aged 17, fallen, both parents dead.
A. G., aged 18, fallen, father dead.
E. K„ aged 18, fallen, both parents dead,
S. 8., aged 17, fallen, both parents dead.
M. A. W., aged 17, fallen, both parents dead.
S. D., aged 15, fallen, both parents dead.
The new home the Committee wish to form would be for
young girls, almost children, from the age of 8 to 15, who
have been led astray from the path of virtue.
Contributions will be received gratefully by the Secretary,
Mr. Daniel Cooper, 85, Queen •street, Cileapalde; yr by Messrs
Barclay and Ce., ImulArd-street.

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DU BARRY'S delicious health-restoring Invalids'
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habitual constipa-
strong nerves, sound lungs, healthy liver, refreshing sleep,
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functional regularity, and energy to the most disordered or
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gastricasthma,
d ecroanneguemmpettn:
complaints, flatulency, nervousness, biliousness, fevers, sere
(tdioyns,pedpiasriarh\ cecoau, gahli
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vous palpitation all over, bad digestion, constant sleepless-
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Denies, Lord Lieutenant of the county of Waterford :—1
have derived much benefit from your excellent food.
Stuart de Decies, Dromana, Cappoquin, county Waterford.
Cure No. 54,816, from the Rev. James T. Campbell, Syder-
stone Rectory, near Fakenham, Norfolk.—ln all cases of in-
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gulates the bile, and makes it flow in cases which would not
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make what use you please of this communication.— I am,
gentlemen, James T. Campbell. Cure No. 52,4_2.—Bridge
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lungs, liver, stomach, bead, an d mac, are all right, my hear-
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Of fifty years' indescribable agony from dyspepsia, nerv,:us-
ness, asthma, cough, Constipation, flatulency, spasms, sick-
ness, and vomitin,.—Maria Joly, of Lynn, Norfolk. Cure
No .47,121.—Mi5s ilizabeth Jacobs, of extreme nervousness,
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Cure No. 56,814.—Mr. Samuel Laxton,Leieester, of two years'
diarrrcea. The Food is sold in canisters, 11b., 2s 9d; 21b.,
4s 6d; 121 b., 215. ; 241 b., 40s. Super-refined quality, 11b., 6s , ;
21b., 12s ; 51b., 228 •
, 01b., 335. The 101 b., 21b., and 241 b.
canisters, carriage free on receipt of Post-Office Order, by
Barry Du Barry and CO., 77, Regent-street, London ; also
Phillips. Tea Dealers, 8. King William-street ; likewise at
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Within ; 63, )50, and 298, Oxford-street ; 330, Strand ; 54,
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91 widow ios.

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PRICE 4d.
STAMPED sd:

RAILWAY INTELLIGENCE.

ATLANTIC AND GREAT WESTERN

A meeting of the bondholders of the Atlantic and Great
Western Railway was held yesterday afternoon, at the
London Tavern, to receive a report, and hear from the
chairman, Sir M. Peto, the residt of his late visit to the
works in America.

The CHAIRMAN said ho wall knew the value of time in
the City of London, and therefore he would at once go to
the point. Ho told them the last time lie had had the honour
of addressing them that he intended in the autumn to visit
America, insp.:ct the works, and on his return to state the
exact position in which ho found matters to the bond-
holders. This he had accomplished. He had exam' nedevery
knownrai
lvantagelv
ayoanou of
the
Li
teohr eist
authorities
company
nEt
hxics
Exchange
nuArgnlet r.; y
and
ioodrf b c 3
o: s
fir,3l
portion of the works with the utmost care, having the ad-
pool ; of Mr. Satterthwaite, a man of business, and well our n.
tf
ull, os
oft the
ne Liverlbvehs
-ot
had long been associated with Mr. Brassey and Mr. Wise.
Everything which had been previously reported to him
was fully verified by what he saw, and the works did the
utmost credit to the contractor, Mr. M'Henry. The presi-
dent of the company was a man of the highest standing,
and the manager, Mr. M'Laren, was ono of the cleverest
and practical of men he ever met with. On arriving in
America he and his friends found the traffic
in a complete block from the want of adequate
rolling stock ; in fact, they had nothing like
the amount they required, as the local traffic
had exceeded all their expectations. The traffic was
completely paralyzed for want of rolling stock and addi-
tional sidings. Mr. M'Laren was asked what he required,
and he at once said he wanted 72 miles of sidings, 1,000
additional cars, and 25 additional locomotives. Without
the least delay they were all ordered, and were in rapid
course of supply ; the sidings he believed, -ho might say,
would all be laid down in December, so that no time would
be lost in carrying out measures to remedy the required
want. The traffic exceeded when he (Sir S. M. Peto) was
in America £5O per mile per week, and Mr. IPLaren said
that with additional accommodation he could increase the
receipts to £BO per mile. The line was, however, already
carrying enough to pay expenses and to realise a surplus
of £114,000 for the shareholders. (Hear, hear.) The
policy of the Atlantic and Great Western Railway was not
one of extension ; on the contrary, it was consolidation and
rest, and they would leave to others the task of construct-
ing lines either on their east or west. The Mahoning
line would prove of great advantage to the bondholders, as
it would open up to them Washington and Philadelphia.
He had the greatest satisfaction in informing them that
the feeling with the Erie company was of the most amic-
able description, and he was told while in America that
they, the Atlantic Company, might consider their
proposals as good as accepted. (Hear, hear.)
With respect to the West Central Railway no-
thing would bo done to favour it at the expense
of the Baltimore and Ohio Company. All would be treated
alike, and the same advantages and facilities would be held
out to all without the least distinction. In America he
found a very vicious principle in existence, viz., the taking
large sums from revenue for the purpose of spending in
extensions, and thus the shareholders never knew the
actual amount of the earnings of their lines. One com-
pany, he believed, bad as much as $5,000,000 invested
from this source for making extensions, and another had
actually spent a much larger sum. That would not be the
policy of the Atlantic. They would adopt the proper prin-
ciple ; they would keep their line in the highest state of
efficiency, but the earnings would be divided every year
among the bondholders. (Hear.) 'When he was first
asked to take the chair of the company, he said he would
do so on the conditions that 40 per cent. of all the receipts
were to be sent over to this country every month, and
that an investigation into their financial condition was to
be made by Messrs. Coleman, Turquand, and Co. Those
conditions had been complied with, and the result of tho
investigation of their affairs, which was exceedingly fa-
vourable, could be had by every shareholder who sent to
the office for a copy. (Hear.) In conclusion, he believed
the undertaking to be one of the soundest that could possibly
be imagined. Their receipts left a large margin of profit,
and yet, with 100 miles to open, the income would be quite
sufficient for the entire redemption of their bonded debt.
(Hear, hear.) He would now call upon Mr. Forbes to read
his report.
Mr. FORBES then read a very lengthy document, which
entered minutely into the whole position of the company,
and, applying the figures and opinions to the capital ex-
penditure of the company, the following are the results at
which he arrives :—" Applying these figures and opinions
to the capital expenditure of the company, the following
would appear to be the result :—The whole amount autho-
rised to complete the lines is 60,000,000 dollars, half in
bonds, bearing interest at the rate of 7 per cent. per annum,
and half in ordinary shares. The interest on the bonds,
payable at the rate of 4s. to the dollar, will require a net
receipt of 2,800,000 dollars per annum. The working ex-
penses for the whole length of 607 miles should not exceed
3,642,000 dollars per annum ; and any excess earned upon
the sum of these two amounts, viz., 6,442,000 dollars would
for the benefit of the ordinary shareholders. The re-
ceipts for the first six months of the present year earned
upon the 322 miles then open were 2,579,737 dollars ; and
for the months of July, August, and September upon the
490 miles then in work they were 2,011,676 dollars. If the
receipts of October, November, and December equal
those of the preceding three months, as it is assumed they
will, then the gross receipts for the year 1865 will be
6,603,089 dollars. Had the whole of the 490 miles been

opened throughout the year, the receipts, at the rate
earned for the last three months, would have
amounted to 8,016,704 dollars. But an additional length
of 117 miles of the company's lines remains to be com-
pleted or brought into use, and when this shall have been
done it is only anticipating a very small growth in the
traffic of the main line to suppose that the total 607 miles
of lines then in work will earn as much per mile per annum
as that which has in the present year been obtained upon
the smaller mileage already open. In that case the gross
annual receipts willnot fall short of 10,015,000 dollars, and
after deducting the interest on the Bonded debt and the
working expenses, as above stated, a balance of 3,573,500
dollars would remain in favour of the holders of the ordi-
nary stock. The results already achieved are extraordi-
nary for a line recently opened, and before it is possible
that the arrangements for the conduct of the Through
Traffic can have boon so far perfected, or its existence as a
new r6ute so widely known as to have attracted to it, more
than an inconsiderable part of the business which must ulti-
mately flow on to it. Looking at all these facts, and at the
experience already attained of the amount of local and
through traffic which the line commands, it appears to me
to be perfectly certain that the interests of the bondholders
in the Atlantic and Great Western Railway are from this
time quite secure, and that after their claims are satisfied
the ordinary shareholders may look to be immediately
rewarded with a considerable dividend, which must grow
with the extending business certain to come upon their rail-
way from year to year."
The reading of the report frequently elicited loud cheers.
At its conclusion,
The CHAIRMAN said they now invited any questions
which the bondholders might feel disposed to put to
them.

No response having been made,
Mr. HULL, of Liverpool, said he had visited their
works in company with their chairman, and he would
at once say a more magnificent country ho had never seen
than that through which their line ran. It would be of
the utmost importance to the bondholders to promote emi-
gration to the splendid country of the Far West. It was
a fact that although Ohio was much larger than Great Bri-
tain the population only amounted to 2f millions. Let the
emigrant go to Ohio instead of Now Zealand and Auckland,
as in that fine country he would find greater advantages
than the other could by any possibility hold out. They
must also inculcate the principles of free trade. (Hear, hear.)
The country was unparalleled for its unbounded wealth of
vegetable productions, and a more hospitable or friendly
people did not exist.

Mr. ROBINSON, of the Ebbw Vale Company, also one of
the gentlemen who accompanied Sir Morton to America,
spoke in high terms of the railway and the country through
which it passed.
A StoutzuoLDEn said he did not see how the increased
traffic was to be carried on with only a single line of rails.
Mr. FORBES said there was a large ratio of goods over
passenger traffic—it was about double, but at present the
line was quite adequate for all purposes. Tho time might
come when the question of doubling their line might arise,
but that was not the question for them to consider at pre-
sent. What they had to do was to get all they could out
of what they had got before they laid down additional lines
of rails.
The CHAIRMAN said the bondholders would be called
together every year, and everything would be laid before
them in the most open and candid manner. It had been
said, "How is it, if your railway is so good, the Americans
don't invest in it 2" All he could say was, that Mr. Aspin-
wall had $300,000 in it, and a gentleman holding a
position similar to our Chancellor of the Exchequer
had $420,000 invested in it. (Hear, hear.) In
fact ho believed that one-third of their bonds were held
by Americans.
A cordial vote of thanks having been awarded to the
chairman,
sir MORTON PETO, in returning thanks, said he felt
highly gratified at the compliment awarded him. How-
ever, he had one thing to say to every person then present.
He doubted not but that each of them took an autumnal
trip, either to Germany or Switzerland ; but what he
advised them to do next year was to visit their own pro-
perty in America. Ho could assure them they would meet
with a friendly and kindly reception, such as they woßld