The Sun.
London, England, 1853-09-01 00:00:00

act.
The works between Truro and Falmouth have been let
to Mr. Samuel Garratt, on satisfactory terms, and within
the estimated amounts.
The works between Truro and St. Austell have been pro-
ceeded with as rapidly as the circumstances of the case
would at all admit of, and will be completed by the time
originally fixed upon. The heavy works between St. Aus-
tell and Lostwithiel are in active progress.
The whole of the works along the line are let with the
exception of the portion between Liskeard and Saltash,
and for this portion your engineer has been authorised to
obtain tenders.
Your directors feel the importance of completing your
line as early as practicable, and will use every exertion to
press forward the works without delay.
Satisfactory arrangements having been made with the
West Cornwall Railway for the use of their Newham
branch, the bill introduced into Parliament by this com-
pany has therefore been withdrawn, as your directors be-
lieve that all the objects contemplated by it will be now
attained.
ENGINEER'S REPORT.
18, Duke-street, Westminster, Aug. 22, 1853.
Gentlemen,—Since the last half-yearly meeting, we have
been steadily progressing in the letting of the remainder of
the works, and the execution of those already contracted
for.
At present fifty miles out of the entire line to Falmouth
(sixty-three miles) including all the tunnels, and most of
the principal works of any magnitude are contracted for
in a satisfactory manner. Over the greater part of this
length the works are in progress, and upon the rest, all
necessary arrangements are made for commencing and pro-
ceeding at the periods determined upon, so as to secure
their completion at the proper time, without needlessly
advancing the expenditure of capital.
Upon the contracts first let from Truro to St. Austell, the
works have proceeded as fast as we have obtained posses-
sion of the land; and the earthwork generally is as far ad-
vanced as the periods defined by the contract require ;
although considerable delay has arisen from the wet wea-
ther, which has been much beyond the average of seasons.
The tunnels also are well advanced, and the whole is in a
satisfactory state.
Proceeding eastwards, the works are less advanced, some
portions of them are only now about to be commenced.
Between Saltash and Davenport no effort has been made
to expedite the works, as they will easily be finished before
the Saltash-bridge.
On the line from Devonport to the junction with the
South Devon Station, some works which it was desirable
to expedite are in progress, and the whole may probably be
advantageously proceeded, with, anctontit: itze usefr.
operaoion.
The works upon the Saltash-bridge, now named by per-
mission of his Royal Highness, the 'Albert Bridge, consist
as yet, of course, principally of preparattay works, but by
no means of small importance.
I am happy to say that all the preparations made by the
contractor and his agent at present indicate every desire
and every ability to do substantial justice to the work, and
give every promise of a steady, and I trust, successful pro-

gress.
A jetty has been constructed for landing materials,
workshops have been erected, provided with the requisite
tools, machinery, furnaces, and engines.
A considerable quantity of iron and stores have been re-
ceived, and the piles are being driven for the platform, and
scaffolding for the construction and temporary erection of
the bridge.
The piers on the Saltash side of the river have been
commenced, the foundation of the first having been laid
on the 4th July.
Four others have also been commenced, and are in va-
rious stages of completion.
In conclusion, I am happy to
be able to congratulate the
directors and the proprietors upon the very satisfactory
state of proceedings towards the execution of the works
generally of this railway.—l am, gentlemen, your obedient
servant, I. K. BRUNEL.
To the Directors of the Cornwall Railway Company.
STATEMENT OF ACCOUNTS.
Amount received to 31st December, 1852,
as per last report .............................. 2300,349 1 2
Amount received during the half-year
ending 30th June, 1853.
Dept. on shs., at £2 50 p. a., £2O 0 0
First call at 110 0 ~ 62 10 0
Second call at 0 15 0
~ 2,647 5 0
Third call at 110 0 ~
7,347 0 0
Fourth call at 2 0 0 ~ 53,050 0 0
Interest from bankers and

others
In anticipation of calls
Transfer fees
Rent of land, &c.

• 689 4 5
. 3,634 0 0
2 12 6
23 0 0
99 1 10
67,574 13 8

Sale of old stores, timber, &c.

£367,923 14 10

Amount expended to 31st December, 1852,
as per last report k 233,319 18 5
Amount expended during the half-year
ending 30th June, 1853.
Works along the line, £36,303 8 11
Land and compensation 33,861 410
Engineering and surveying 0,500 0 0
Direction, audit, salaries, and
Law charges and conveyancing 1,187 5 6

travelling expenses
Advertising, printing, office
expenses, &c
Preparing and issuing new
share certificates
Interest to shareholders on
calls in advance

434 6 6

Balance, including 40,6241. 13s. la. at inte-

rest