The Sun.
London, England, 1848-12-13 00:00:00

RAILWAY INTELLIGENCE.

BIRMINGHAM, WOLVERHAMPTON, AND STOUR VAL-
LEY RAILWAY.—BIRMINGHAM, TUESDI7.—At an ad-
journed special general meeting of the shareholders in
this railway, held at Dee's Royal Hotel to-day, the lease
of the line to the London and North-Western was con-
firmed, and the seal of the company affixed thereto. The
lease is for 1,000 years, and;the terms are two-thirds of
the London and North western dividend. The shares
are to come into this dividend on the first of January,
1850, the first payment being on the 15th of September
in that year, and in future half-yearly on that day and
the 15th of March. Until the time just specified, the
shareholders will continue to receive four per teat., as
at present. This company is to pay the expense of
keeping itself together as a company out of the dividend
received from the lessees. In the event of a new stock
being created by the London and North-Western Com-
pany, the proprietors of the Stour Valley Company are
to receive a share in proportion to the two-thirds capital
on which they receive dividend. There are to be no
further calls on these shareholders, the London and
North-Western Company engaging to find the remainder
of the capital required, for which purpose the borrowing
powers of the Stow Valley Company may be used.
LEASE OF THE EAST LINCOLNSHIRE TO THE GREAT
NORTHERN.—The necessary instruments, after consider-
able delay, are now being prepared for the transfer of
the line, about fifty miles in length, and which runs from
the Great Grimsby and Boston to the Great Northern,
which will commence paying on it the six per cent. divi-
dend from the Ist of November last.
Captain Laws, who lately resigned the management of
the Great Northern, has been re-appointed managing
director of the Lancashire and Yorkshire, which he left
to join the Great Northern, at a salary of 1,500/. per ann.
ORLEANS AND VlErtzoN —The following is a return
of the receipts on the Vierzon Railway, for the week
ending the 4th of December, 1848:—Passengers,
13,723 f. 14c.; carriages and horses, 2,5781. 30c.; cattle,
;Total for the week, 59,739 f. 30c. For the
luggage, parcels, &c., 4,925 r. 55c.; goods,
22corresponding
week of 1847, 70,279 f. 41c; total re-
ceipts since Ist January, 1848, 2,627,378 f. 78c.

PRAYERS YOH. HIS HOLINESS TIIE POPE.—Prayers
are being offered up, throughout the entire of Catholic
Ireland, for the speedy
Pius from fNrontnwal
ildeliverance of his Holiness Pope
PARK.--Active operations
Eopzearmatiniocnr.s
for
the formation of the new park at Battersea are now in
progress, and the inhabitants of the metropolis may
hope, in the course of a year or two, to be in undis-
puted enjoyment of a most delightful suburban retreat.
The site chosen for the park extends from the Red
House nearly to Battersea Bridge, is remarkably level,
smooth as a bowling-green, and capable of producing
shrubs, trees, or flowers, in the greatest luxuriance.
At the present time it is cropped to the very verge by
its industrious occupiers, the agriculturists and market
gardeners of the neighbourhood. The frontage next
tho Thames is cut up into numerous small properties,
and for years has been put to no productive purpose.
When the tides run high, the water overflows the adja-
cent lands. This contingency her Commissioners of
Woods and Forests propose to provide for by the pur-
chase of the frontage property, and the conversion of
it into a noble marine terrace, but the difficulty of com-
pleting the various negotiations has hitherto prevented
,
the commencement of the works. As in many other
tardycases,
movementsprivate enterprise steps
executive.in Messrs. Cubitt
, and 'anticipates the
Chabot, Payne, Procter, and others, are embanking
their respective frontages. For more than two months
past about three barges have been daily employed in
conveying the sweepings of the streets of the metro-
polis to Battersea, where several men are employed in
supplies from the London Docks. The soil is particu-
larly soft and slushy when first deposited, but soon con-
t the
Chabot, vessels
in and depositing
manner, draws his depositing it on the
embankment. conveyingcon-
solidates, and forms a flue, firm, substantial stratum.
The embakment, which is about five feet above high
it
fromr .
water mark, and is about seventy or eighty yards in
width, starts from near the British Flag, and is car-
ried on regularly to the chemical works near Battersea
Bridge.
THE LATE MR. CALLAWAY.—It is stated that this
gentlemen has lett to each of his four children 10,000/.,
and 7001. to his widow ; altogether, the property left by
the deceased is upwards of 60,0001.—Lancet.
THE NEW CATTLE•MARYET AT ISLINGTON.—We
are given to understand that. a great number of farmers
visited the Islington Cattle market last week, all of whom
were astonished at the extent and excellence of the ac-
commodation. The market is c tpable of accommodating
conveniently within the walls 8,000 head of cattle and
50,000 sheep, besides horses, pigs,
—e- A junction rail-
way, which is now in the course of formation, passes
within 380 yards of the market, and from which a tram-
road will be laid into the market. This railway runs
from Blackwall, and will unite the Northern and Eastern,
the Eastern Counties, the Great Northern, the North-
western, and the Great Western Railways, and will
hereafter be extended over the Thames to ,the South-
Western, thus rendering it unnecessary for any animals
to pass through the streets of the metropolis to arrive at
' the market, it being ascertained that seven-eighths of all
the cattle brought to London arrive by the Northern and
Eastern lines. We are informed that a committee for
carrying out the arrangements
of the Islington Market is
in course of formation.—Murk-lane Express.