The Sun.
London, England, 1853-11-29 00:00:00

There are nearly 2,000 square4niles of land in the counties of Car-
marthen, Cardigan, and Pembroke, the greater portion of which is
cultivated or capable of cultivation. The nature of the soil requires
lime as a manure, the major part of which lime, as well as the neces-
sary supply of coals for its mannfacture, and for domestic purposes,
coming from one district of the line of the: proposed mineral branch,
where only it is to be obtained, is at present conveyed by horses
waggons, and carts, at an average expense to the purchaser of 6d. to
Is. per ton per mile for carriage only; about 300 per cent. more than
the charges of the proposed railway.
It is also reasonable to suppose that the demand for the local coal,
of Carmarthenshire would greatly increase with the facility of ob-
taining it a comparatively small cost
There are many millions •f oak, larch, fir, and other trees in the
neighbourhood of this line, at present of but small value; but on its
construction, and when means exist for their economical transit,
they would find a ready and remunerative market.
The traffic in wheat, barley. oats, flour, black cattle, sheep, and
pigs has increased so much within the last four years, that it is esti-
mated that from these articles alone a considerable min per annum
would be receivable for transit.

The carriage of merchandise from the various manufactories and
wholesale houses in England to the shopkeepers of Carmarthenshire,
Cardiganshire, and the upper part of Pesabroteshire, is also an item
not to be overlooked.
Present traffic in lime to Cardiganshire and tie upper
parts of Carmarthenshire and Pembrokeshire, con-
veyed on an average a distance of thirty miles, at
l3¢ d. per ton per mile (In lieu of ed. Pi is. per mile,
the present expense), is calculated terProdtbae..•• £75,000 0 0
Cuim to burn the lime carried to the lime-kilns, an
average distance of six miles, I%d. per ton per mile,
or 9d. per ton
•..... • • 3,750 0 •
Coal and culm conveyed on an average the same dis•
tance as the lime.. ••••••••••• •• • • 46,875 0 0
Cattle traffic, including black cattle, horses, sheep, and
pigs, calculated to produce a revenue of, per an-
num .3,000 0 0
Wheat, barley, oats, bacon, butter, cheese, poultry,
and eggs, conveyed to the lime and coal districts
and the iron works and manufacturing districts
calculated to produce, with other merchandise, in-
cluding slates (Irons the Cardigan slate quarries),
bricks, timber, bark, wool, lead ore, fish and mis-
cellaneous traffic, exports and imports, and back

£134,625 0 0
Deduct for working expenses 45 per cent. from gross
receipts, 0r............ •• ••.. •• • .• •• ....... .. 0,581 0 0

Leaves a net income of .• •• •• . ...... •• • ....•• .. • • £74,044 0 0

Or equal to a dividend of nearly 7% per cent. per annum on the
capital of the Company. _ _

It will be observed that whilst the cattle, wheat, &c. traffic is put
at an extremely low estimate, no allowance whatever is calculated
for passenger traffic or harbour dues from the port of Cardigan—facts
which cannot fail to strike the most casual observer. The working
expenses, on the contrary, are assessed at ...the highest estimate
known on any line. The result must be found% the decreased cost
of construction, the fruit of a close attention to the expenditure of
similar undertakings in former years.

Public meetings have been held in the various towns along the
course of the intended Railway, and without the cost of advertise-
ments or other usual means of obtaining subscriptions, upwards of
250,0001. have already been subscribed in the country districts.
The plans, sections, and books of reference are ready, and will be
deposited in ample time to comply with the standing orders.
Applications for shares to be niade to the Secretary, at the offices
of the Company; to the Solicitors, Messrs. Carnsow and Co,, Ray-
mond-buildings, Gray's-inn ;as also to the Broker, J. H. Ellis, Esq.,
of Copthall Chambers; and to Mr Edmund Blathwayt, of Kidwelly;
George Thomas, Esq , Town Clerk, Carmarthen ; William Goode,
Esq., Solicitor, Carmarthen, for the mineral district; Benjamin
Evans, Esq., Solicitor, Newcastle Emlyn ; and R. D. Jenkins, Req.,
Cardigan; from any of whom Prospectuses may be obtained.