The Sun.
London, England, 1854-08-09 00:00:00

SCOTCH SEQUESTRATIONS.

T. M. Dickson and Company, merchants, Glasgow.
Andrew Purvis, contractor, Milngavie, Stirlingshire.
John Couper, grocer, Langloan, Lanarkshire.
Paul Cameron, wright, Glasgow.
William Squair, miller, Cantray Mills, Ardersier.

RAILWAY SHARE MARKETS.

LIVERPOOL, AUG. 8.

STOCK EXCHANGE.—The market io:day has been less
buoyant,%aud we reduce our quotations about 4to per
cent. on yesterday's prices. Caledonian, 324; Lancashire
and Yorkshire, 687 f 69 ; Lancaster and Carlisle, 90i ; ditto
Thirds, 12g prem. ; London and North-Western, 105 E ;
Manchester, Sheffield, and Lincoln, 24i i; Midland, 68;
South-Eastern, 19i 13-16; York and North Midland, 253 ;
Manchester, Sheffield, and Lincoln GI. New, prem.

MANCHESTER, AUG. 8.
STOCK EXCHANGE.—The market has not been active to-
day, and prices became a shade lower. Birkenhead, Lau
cashire, and Cheshire Junction, 11 dis.; Blackburn, Clas3
B, Pref., 20 ; East Lancashire, ; Lancashire and d York
an
shire, 69 ; ditto, 161. Shares F, 13-16 die. ; Lirpool,
Crosby, d Southport, 11A; Manchester, Sheffield, and
Lincoln, 25 41; ditto, New 61. Prof., 7.16 prem. ; South
Easterp, 191. . ,

ST. HELEN'S CANAL AND RAILWAY.
The half-yearly general meeting of this company was
held on Saturday, at the Railway station, St. Helen's—
Mr. Greenall, M.P., in the chair.
The SECRETARY (Mr. Sinclair), at the request of the
Chairman, read the following report :
"The directors have to report that the increase in the
gross traffic receints for the six months just ended, when
compared with the same period of 1853, is 6,5901., against
which must be placed an increase of working and renewal
charges of 2,8531., and of interests on loans and preference
dividends of 5,8981. The gross revenue for the half-year,
as shown in the statement of accounts circulated among
the shareholderss, is 30,2351. 3s. 4d. ; and the working
charges, rates, taxes, and rents amount to 11,3311. 6s. 2d.,
or 37i per cent. on the receipts, leaving a surplus of
18,903/. 17s. 2d. ; deducting from which for interest onloans
6,4931. 12s. 9d.; for renewal of permanent way, 3501. ;
and for additional works, 2361.185. 3d.-7,0801. h a. ; leaves
11,8231. 6s. 2d. To which must be added the balance left,
after payment of the dividend declared at the last general
meeting, 1381. 3s. 84.-11,9611. 9s. 10d. • out of which the
directors propose that a dividend should be declared for
the past half-year, payable on the 19th of August, of / per
cent. on stock A, 792/. ' • of 2i per cent. on stock B, 3,6001.;
of 3 per cent, on stock C, 3,7571. 10s. ; of 21 per cent. on
stock D, 2,4751.115. 3d. ; of 21 per cent. on the 251. shares,
1852, 1591::12s.; and 2i- per cent. on the 201. shares, 1853,
of 1,0311. 9s. 11d.-11,8161. 3s. 2d. ; leaving a balance to
be carried to the next account of 1451. 6s. Bd. tThe
number of passengers conveyed during the half-
year was 309,546, being 61,064 more than in the same
portion of last year, while the weight of coals and
merchandise conveyed was 236,920 tons on the
canal, and 340,981 tons on the railway, or together 577,901
tthoons,cobrreiesngpo64Bl244 tons more
nsmooref
1853. than the weight
directors
carried in
are en-
gaged in negotiations which they trustwillsecure a con-
siderable additional revenue, and their confidence in the
ultimate success of the dock, as well as of the undertaking
generally, remains unabated. The passenger traffic con-
tinues to exhibit a.gradnal and steady increase. The canal
traffic shows a diminution, owing to the very severe frost
in the commencement of the year."
The CHAIRMAN, in moving that the report and the
statementof accountsbe adopted, observed that he wished
it had been in his power to have announced to them
a larger balance for the payment of dividend than the
balance of 7991. 3s. He was quite confident that although
at the present moment they were not so flourishing from
the circumstance of their having had to pay, during the
half-year just terminated, a very large increase bf the
preferential capital, and althongh they were only able to
pay a quarter per cent, upop;Stpek A, he was confident
they might still entertain a very'ra—v-ourable opinion of
their preperty. He could. not say how long the holders
of original stock would receiveo small a dividend, but
he pointed to the extraordinary increase of traffic as a
strong guarantee of future amendment and prosperity.
In 1849, only five years ago, the gross income of the
company was 31,0001., while the income during theyear
ending 1854 was 62,0001. He hoped, 'therefore, that
proprietors would feel assured that ultimately their in-
vestment would be a valuable one, and that they would
not be disappointed by merely present appearances.
The motion was carried.
The payment of a dividend after the rates mentioned
in the report was then sanctioned.
After considerable discussion it was put to the meeting
as an amendment, whether the retiring directors (in-
cluding Mr. Fosberry) should be re-elected, or whether
the original motion for the appointment of Messrs.
Smith, Steers, Rushton, Barlow, and R. Dagleish be
adopted. On a show of hands the motion was carried.
This clopefi the business.