The Sun.
London, England, 1841-05-01 00:00:00

RAILWAY TO SCOTLAND.

- - - -
: The following is an extract from the Fourth
Report of the Commissioners, now printed by
order of the House of Commons, on the best
line of communication between London, Edin-
burgh, and Glasgow. • The preference is given
to the Western line from Lancaster, Carlisle
by Lockerby, Beattock, Lanark, and Hamilton
to Glasgow, with a branch from Thaukerton or
Symington to Edinburgh, as being the general
route which would fulfil the greater number of
requisites in the Railway communication under
consideration.
Having now enumerated all the Lines submitted to us which
have reference to the communication between England and Scot.
land, as well a.; those which bear on the question of the commu.
nication to the North of Ireland, we have to state that they have
been subjected to a. careful and minute examination. We have
not only inspected the country through which the several Lines
would pass, but we have deliberately considered the various ele-
ments of superiority possessed by each. The chief of these die.
mews are the distances and gradients; the probable cost of con.
struction and working ; the numerical and commercial importance
cf the population to be accommodated ; the relative traffic and
other statistical properties ; and it is on a consideration of these
that we have arrived at the conclusion which it is now our duty to
report.

We are led to believe, from all the information we have been
en:.bled to collect, that the amount of traffic which in the present
state of the commercial and other relations of England and Scot-
land may be expected between Edinburgh and Glasgow and the
South is not such as would be likely to afford an adequate return
for the outlay of capital required for the construction of two dis-
tinct Lines of Railway, the one from Darlington to Edinburgh,
and the other from Lancaster to Glasgow. Were this otherwise,
we should subdivide the question into two branches, and consider
in the first instance which of the several Lines would be the most
suitable for a communication by Lancaster to Glasgow, as well as
to the West of S,otland, and to the North of Ireland, and which
would be the best route by Newcastle to Edinburgh.
Under such circumstances, we should have ass arded the prefer.
ence to the East Coast Lane, whether deviated or not, between the
two last named places, and have then weighed the merits of the
various routes to Glasgow; but seeing the extent of capital that
would Ise required for the construction of two distinct trunk Lines,
the one to Edinburgh and the other to Glasgow, we feel under the
necessity of recommending, at present, the construction of one
Line only ; and, after a careful review of all the circumstances of
this important question, we give the preference to the Line from i
Carlisle by Lockerby, Beattock, Lanark, and Hamilton to Glasgow,
'with a branch from Thankerton or Symington to Edinburgh, as
being the general route which would fulfil the greater number of
requisites in the Railway communication under consideration.
We give this opinion, however, under the supposition that ante.
cedently to the construction of this Line, the Railway shall have
been formed between Lancaster and Carlisle, or that both Lines
shall be undertaken nearly simultaneously : but should this not be
the case, and parties should be found to construct the Line from
Darlington to Edinburgh, then the western route ought to be
abandoned for the present, and in that event we should award the
preference to the East Coast Line over the Hexham Line.

POPISH HOLIDAYS.—We are glad .to see from
what occurred in the . House of Commons last
evening, that Lord John Russell begins to see
the mischief which he has done his party by suc-
cumbin.? to the aristocracy and the Bishops. He
is now determined to attack the Corn-laws and
Popish observances at the same time, and in
proof of his sincerity gave notice that he would
call upon the House to discuss the oppressive re-
strictions on the Corn trade on Whit-Monday.
This may have been done inadvertently, but at
all events it proves that his. Lordship cares little
for these foolish devices of the Church for de-
ceiving the multitude.

MONEY and COMMERCIAL NEWS

CITY. TWELVE O'CLOCK.
L ivitßroor. COTTON MARKET, APRIL 30.—The demand
continues exceedingly limited, and the market very flat and
unsettled in price. The middle and inferior qualities of Ame-
rican and Surat have again declined Is. Bd. per lb., and even
for better sorts it is difficult to obtain our extreme quotations of
last week. All long staple is very heavy of sale. Speculators
have taken 800 bales of American and 450 Surat, and expors,
550 American, and 450 Surat ; 2,850 bales American, 100
Bahia, and 50 Surat, forwarded into the country this week
unsold.

LIVERPOOL SHARE MARKET, APRIL 30.—The transac-
tions at the Stock Exchange to-day have been to a fair extent,
but in prices no alteration:—Birkenhead, New Shares, 1834;
Easter n Counties, ba ; Edinburgh and Glasgow, 37 ; Glas-
gow, Paisley, and Greenock, ; Grand Junction, 2091;
Great Western, 954 , London and South Western, 58i.
MANctusrEtt STOCK EXCHANGE, APRIL 30.—This mar-
ket has not al ered in any materal degree,:—Manchester and
Leeds, 63 per Share; Ditto, Halves, 61 ; Manchester and
Birmingham, 25.4 ; Lancaster and Preston, 321; Ditto, New,
25; London and South Western, 59; Ditto, Tenths, 445. 6d.
Manchester L;fe and Fire Assurance, 94.

Hobart Town Papers to the 26th December and the New
Zealand Journal to the Ist November have been received, but
they are destitute of news.

THE FUNDS.

The Budget has slightly dPprestsed the British Market.
Consols at one period were done at 904, since which
they have receded to 94, with little doing.
This is a holiday at the Bank. The Stock Exchange would
als > have been closed had it nut been for the Budget.
Exchequer Hilts, 12 14 ; Bank Stock, 168 170.
In the Foreign Market, nothing doing as yet, and the prices
are mostly nominal. Spanish Active, 23% ; Deferred,
12, t ; Passive, 54 ; Portuguese, 34%; Three per Cents.,
204 %; Brazilian, 69 70; Colombian, 221/ 23; Mexican,
294 4 ; Dutch Twe and-a-Half per Cents., 524.4; Five per
Cents , 994 4.
SHAHES.—Great Western, 304 31 prem. ; New, 15j 4
prem. ; London and Brighton, dis. ; Blackwall, 54 A
tits. ; Birmingham, 71 73 prem. ; .outhampton, 58% 594
per share ; Croydon, 14% 3/4 per share ; Greenwich, 84 4 per
share.

PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Birmingham and Gloucester 100
Great North of England . . 50
Great Western
Ditto New
Ditto Fifths
London andßrighton 5O - to
London and South Western 384 . to
Ditto Tenths li 2B to
London and Croydon (Trunk).., 134 1q...... to
PRICES OF IRISH STOCKS, DUBLIN, APRIL 29.
3 per Cent. Consols
Three anti Half Stuck 97 IGrand Canal Stock ,
Ditto Reduced ...... ... Ditto Debs. C.; per cent... 663
Ditto New, 1630 97i Ditto 4 per cent
34 per Cent. Debs. 9O Royal„Canal Stuck

HALF-PAST ONE.
The Budget is the only topic of conversation to the present
time, and it has not had such effect on the British Funds as was
anticipated. The variation in the price of Consols has been
931. We hear of 'only one bargain done at the above price,
since which they may be quoted 94 for the Account; Money,
90L 69i; Exchequer Bills, 14 1 prem. ; Bank Stock, no-
thing done; India Stock, ditto; India Bonds, 4 2 prem.
In the Foreign Market there are only four quotations, Spa-
nish Active 23i; ; Dutch Two-and-a-Half per
Oents. nothing done ; Five per Cents., 991
In Snare scarcely anything doing, Birmingham and
Gloucester, 75, Great North of England, 76 ; Great West-
ern, New, 65i ; 12;1 ; London and Brighton, 481;
London and Croydon Trunk, 143.
The Stock Exchange continues open.
Q UA R TER TO THREE.
Consols, Account, 90-A ; Mexican, 29r ; Portuguese,
34 to 34;1; Spanish, 2.3 i No business doing.

THE BRANDLING JUNCTION RAILWAY.—
The Brawling Junction Railway Company are now prosecut-
ing very extensive works near the Mill Dam at South Shields,
in order to admit of their railway terminating near to the Mar-
ket-place, in that town. The terminus is at i•resent in West
Holborn, opposite the Penny Pie Stairs, and nearly half a
mile from the principal seat of business in that town.
It is proposed to extend the line, and form a depot
and terminus on the site now occupied as a depot for
ballast opposite the extensive crown glass works of Messrs.
Cookson and Company ; and for this purpose they
applied to the Town Council of Newcastle, at the meet-
ing on Wednesday .week, • for leave to erect a quay and
shipping
ing docks at that place ; the application was received
and will shortly be determined. The ballast hill is in course
'of being removed to the sea shore, and an extensive tunnel
has been formed from the river, underneath the works of
Messrs. Cookson and Co. and the public road adifining, so as
to conv,y tare b.. 11. st away ivthout inte:,:fernqz with the
1.:!1 -.Lr_Lr••• -
Junction Railway to the inhabitants of South Shields, and
to increase the great prosperity of this flourishing under-.
taking.--Doncaster Gazette.