The Sun.
London, England, 1847-03-04 00:00:00

GREAT NORTH OF INDIA RAIL

WAY.

An adjourned extraordinary general meeting of the share-
holders in this company was held yesterday, at their offices,
1, Coleman-street buildings, City; H. Borrowdaile, Esq., in

,he chair.

The CHAIRMAN said that the present meeting was called
for the purpose of laying before the shareholders a repurt,
with copies of which they had been furnished, and to obtain
a vote of confidence in the directors.

The SECRETARY then read the report, which stated that
the directors of the company had felt it their duty to call a
meeting, to submit to the shareholders the measures they
had been obliged to take in consequence of a notifi-
cation put forth by the directors of the East
India Railway Company on the 9th of November,
1846, announcing their intention of applying to Parliament
fur the grant of certain powers and privileges. The report
then sketched the early proceedings of both companies, from
which it appeared that on the 15th of May, 1845, the pro-
prietors of the East Indian Railway Company registered
themselves as the promoters of a company for the construc-
tion of railways in the East Indies. But it not appearing
that this company intended to provide railway accommoda-
tion for any part of Upper India above Mirzapore, the pro-
jectors of the Great North of India Railway Company pro-
posed to form themselves into a company, provisionally re-
gistered, to meet this deficiency. But, before taking that
step inquiries were instituted at the East India House
to ascertain whether pledges had been given promising
the line they proposed to adopt, namely, from Allahabad to
Delhi to any other company, and they were led to believe
that no such pledges had been given, which statement was
subsequently confirmed by repeated official communications.
It was, therefore, determined to proceed with the pro-
ject ; and on the 17th of October, 1845, an influential
meeting was held at the London Tavern, when the pro-
moters received assurances of support. A correspondence
then ensued between the provisional committee of the com-
pany and the Honourable Court of the East India Company,
from which it appeared that the Honourable Court referred
to declined carrying on any correspondence with parties in
England on the subject of railways in India, the subject
Ileing then under the consideration of the Governor-General
of India.
The CHAIRMAN said, a resolution would be submitted to
to the meeting, as they had heard the report.
The SecaETAnr then read a resolution, to the effect that
the board of directors should be empowered, in
furtherance of the interests of the Amalgamated
with any other company, or to prosecute their negotiations
with the Honourable the East India Company, and that the
Bill should not be proceeded with, if such should be found
necessary to maintain the proper standing order of the
Company before legislation.
A memorial presented to the Honourable the Court of
the East India Company, recapitulating some of the state-
ments in the report, was read at the request of an Hon.
Proprietor.
resolution was then put and carried.
T he
Thanks were voted to, and acknowledged by, the Chair-
man, and the meeting separated.

STATE OF TRADE.
MANCHESTER, MARCH 2.—There has not been quite
so much business doing yesterday and to day as during
the last week. Many of the spinners and manufacturers
who have recently sold at low prices, are now asking a
slight advance ; and, in some numbers of yarns, rather
higher rates have been obtained ; but it has had the
effect o: checking the demand for goods, which remain
without alteration, but perfectly steady and firm.
ROCHDALE, MARCH I.—We have had a dull market
to-day, and a very limited business has been transacted
at last week's prices. The wool market has also been
quiet, and the manufacturers buy for immediate use only.
Pikes continue firm.

HALIFAX, FEB. 27.—The piece trade has been very
dull to-day in the ball ; and we learn that some of the
manufacturers are beginning to run short time. It is
expected th•+t the failures in Hamburgh will not much,
if at till, affect this neighbourhood, but that they will
be felt chiefly at Bradford. There continues a slight
improvement in the demand for shipping yarns, but
without any advance in price. The demand for long
wool is languid, and staplers are free sellers. Short wool
ramains firm, the supply being limited ; but the trade is
not brisk.

HUDDERSFIELD, MARCH 2.—There has been consi-
derable improvement in our market to-day, and trade
much brisker than it has been for some weeks past. The
warehouses during the week have been but flat.
LEEDS, MARCH 2.—We had rather a better market
on Saturday last, but to-day very little has been doing.
—Manchester Guardian.

From the Circular of Messrs. M'Nair, Greenhow, and Ir

ving, of Manchester.)
MANCHESTER, Fen. 27.—From the date of our last Cir-
cular up to the middle of the present month the condition
of this market was characterised by increasing gloom and
depression, accompanied with a further decline in the value
of nearly all descriptions of cloth and yarns. Since that
period it has experienced a perceptible change for the bet-
ter, consequent upon the revival of demand, which up to this
date has continued to a fair extent. Still with all this there
is an absence of practical amendment, so far as spinners and
manufacturers (the former especially) are concerned, whose
position continues undeniably to be exceedingly unfavourable
—probably more so now than it has been since the rise in
the value of cotton took place, as the stocks of that article
which those of them who were fortunate enough to be pos-
sessed of at low rates have been exhausted. Were the His-
tory of the cotton manufacture consulted it would scarcely
supply us with a period when the margin between the cost
of the raw material and the price of the manufactured article
was so small as at the present time.
l'rices of goods and yarns which, from the improvement
in the demand, have become rather steadier and firmer, it
has been stated are about the same as they were previous to
the advance on cotton. This is an error; and if trade reports
be of any value, they must be chiefly so from a conviction
that they are records of facts. A reference to the prices
current at the two periods will satisfy you that goods and
yarns generally are now from 5 to 10 per cent. higher than
Tile working rittifyilwere at the period alluded to.
of short time has been considerably ex-
tended during
mills enngtitrhe
others This des elyTnonndth. So
amereestablishmentsteinningto d
haveothe
closed
same
unless matters improve.
necessary and prudent though
are
tiienbieng ~is. of the
,pr,d upariogducgtrieoant,
distress and suffering e
amongst the operatives, whose dimi-
nished mut is of subsistence
ill
dearness of provisions. This Sttatefurther reduced by the
exercises a most important influence upo4!hoeurl,
earlier setting)r
country trade,
of things necessarily
-
exercises
sefvere
which is represented to be very bad,
reduction
of winter has, however, prevented an
spring trade. In this county we have heard of tie
of many hands by retail establishments.
The last advices from the United States are of a very
satisfactory character as regards the trade in British niane7
factures, and lead to the expectation that there will be a
very considerable increase in our exports thither, an expec-
tation which, if realised, will naturally have a most impor-
taut bearing upon the productions of this district. For
Canada the purchases so far have been very limited; to our
other North American colonies they will constitute an
average.

POOR RATES.—At the IVestminster Sessions, on
Tuesday, Alderman Johnson, Mr. T. Pratt, and other magis-
trates presiding, Mr. Huggett, secretary to the Westminster
Reform Association, was summoned for 21. 10s. poor rates,
due upon his house, 5, Ponarby-place. Amongst other ob-
jections to the legality of the rate, Mr. Huggett urged that
as several houses were unrated, he and those who wire rated
were damnified, and that therefore the rate was illegal. Mr.
Tidd Pratt observed that, even admitting the illegality of the
rate, the magistrates were compelled to enforce it, leaving to
Mr. 'Liggett the remedy of appeal. Mr. Rogers, the magis-
trate's clerk, said that on Tuesday fifteen rate payers, who
refused to pay the rates, declared that they did so at the in-
stance of Mr. Huggett. Mr. Huggett denied that he gave
such advice, and he paid the rate.

THE DUKE or SOMERSET.—Tuesdgy evening, upon
making inquiry of Dr. Parrott, the medical attendant of the
Duke of Somerset, relative to his Grace's health, it was as-
certained that the Noble Duke was going on as favourable
as possible, and that all unfavourable symptoms have disap-
peared; indeed, we may, to quiet the apprehensions of his
Grace's friends, state that he is now enjoying his customary
lie3lth.

DISEASE IN
FLANDERS.--The Belgian journals
represent the misery in Flanders as most frightful. The
Journal de Bruges says—" The mortality. already frightful,
has not yet reached the horrible acme to which it ;ill quickly'
rise. The reports of several physicians prove to us that the
detestable food of the people of the country creates diseases
which most inevitably spread death around. More than 50
cases of dropsy have occurred in a single village:'
WILD SWANS.—Some of these birds were observed
Lech Eck, the week before last, by James Inglis, game-
keeper to Mr. Murray of Henderland, who, after watching
them for three days, at last succeeded in securing four of
them. They turn out to be of the rare species known to na-
turalists as the Bewick swan. One of them, a very fine bird,
has been presented to the College Museum, which did not
possess a specimen ; another, which was only winged, was
turned out on Loch Eck, where, it is hoped, it w.ll be allowed
to remain, an ornament to that beautiful sheet of water.—
Caledonian Mercury.