The Sun.
London, England, 1846-12-04 00:00:00

RA IL WA Y INTELLIGENCE.
BRISTOL AND EXETER RAILWAY.

BRISTOL, THURSDAY EVENING.—A special meeting
of this company was held at the Assembly Rooms,
Princes-street, this day, to take into consideration the
proposed extensions of the line.
Mr. Brown having taken the chair—
___.

The Secretary, Mr. BADHAII, read the report, which
stated that the chief purposes of the proposed lines were,
first, the establishment of the best and shortest high-
way between Exeter and Lond in; and, secondly, in-
creased accommodation for Midland. Somerset, and
Central Devon, combining with the latter a convenient
transit to Cornwall. The first was intended to be
secured by a railway from the trunk line, near Taunton,
to join the Wilts, Somerset, and Weymouth Railway,
at Castle Cary. There were two other schemes for
lines between London and Exeter: the Exeter Great
Western, by way of Yeovil, and the South.Weereen
scheme, by way of Ba-ingstoke, Salisbury. and
Yeovil. By the line from Taunton to Castle Cary, the
distance between London and Exeter was shorter than
by either of those two; and, instead of an expenditure
of a million and a half of capital, it would not require
one-fourth of that amount ; as out of 58i miles between
Exeter and Castle Cary, 36i were on their trunk line,
leaving very little more than 22 miles of new railway
to construct. To afford accommodation to Midland So
merset, it was proposed to make a line from Bteadon,
near the southern end of the Uphill cutting, to Axbridee,
Cheddar, Glastonbury, and Street, there to fall into the
line above mentioned. The length of this loep would
be 2.3 - miles. The directors felt it to be their duty to
call the attention of the shareholders to the country west
of Exeter, with a view to the construction of lines
through that district into Cornwall; the abandonment of
the North Devon Railway scheme, and the revival of tilt
Devon and Cornwall Central by the South •Western
Company, having left them no alternative but to carry
operations into those districts, and they had therefore
caused the necessary plans and documents to be deposited
for the lines extending from Crediton, in the county of
Devon, by way of Okehampton, to aunceston, in the
county of Cornwall, a distance of 36 miles, and from
Launceston to near Liskeard, 18 miles—there to meet
the Cornwall Railway
The CHAIRMAN apologised for the absence of Mr.
Gibbs, the chairman of the company, which was caused
by that gentleman's not entirely concurring in the
schemes which the directors felt it their duty to recom-
mend to the proprietors. Hitherto they had worked
most cordially with the Great Western Company, but
that company had recently thought fit to promote a
scheme between Exeter and Yeovil, which, if successful,
would divert the most impot tent traffic from their hue,
that of the through traffic to London. The directors,
therefore, felt bound to promote the schemes then before
them, for the purpose of protecting their interests, when
their lease to the Great Western Company expired,
which it would in two years. The Chairman concluded
by moving a resolution approving of the report, and
authorising the directors to take the necessary steps for
carrying out the proposed lines.
Mr. VATCHER seconded the resolution.
Mr. MORTIMER asked whether Mr. Gibbs had seceded
from the direction,

The CHAIRMAN replied in the negative, and the
resolution being put, was carried unanimously.
Another resolution, authorising the directors to make
the Parliamentary deposits, was also carried ; and after
a short conversation, in the course of which Mr. Gregory,
the new engineer, explained the course of the line, the
meeting separated.

WARWICK, WORCESTER, AND RUGBY.
The shareholders in this defunct scheme assembled
yesterday at the London Coffee-house, Ludgate-hill, to
consider what steps were most advisable to adopt, in
order to wind up the affairs of the company and divide
the balance of the capital among the proprietors. Mr.
Ward, M.P., was called to the chair, and briefly stated
his regret that their prospects were not of a more en-
couraging nature. In compliance with the expressed
desire of the shareholders, the directors had amalga-
mated with two other companies, but he regretted to
say, that owing to the inefficiency of the plans they
were unable to pass the Standing Orders' Committee.
There was now in hand, after setting aside a consider-
able sum to meet the expenses of a Chancery suit, in
which one of the amalgamated companies had become
involved, the sum of 6,7901., which would afford a re-
turn of 7s. 6d. per share. By the financial statements
it appeared that 43,9111. had been received as deposits
upon 20,910 shares at 21. 2s. each, and that the entire
disbursements amounted to 38.0001. Mr. Spackman and
several gentlemen afterwards addressed the meeting,
and urged the necessity of declaring the company bank-
rupt, as if such step were not taken, it would be impos-
sible to obtain any revelation respecting the company's
affairs. They believed the affairs had been grossly mis-
managed, and that a much larger dividend would be
returned, if the meeting decided upon declaring the dis-
solution an act of bankruptcy. After an angry alterca-
tion, Mr. Spackman, Mr. Samuels, and Mr. Clarke were
appointed scrutineers, to register the shares. Upon
investigation, however, it appeared that there was not a
sufficient number of shares represented to constitute a
meeting. The proceedings were, therefore, adjourned
until Wednesday next, in order to obtain the requisite
number of votes.

RAILWAY SHARE MARKETS.
BRISTOL, DECEMBER 3.
STOCK EXCHANGE.—The sales are—Bristol and Exeter,
New, B%—Caledonian, New, 2/. 6s. 3d.—Great Western, 132
—Ditto, New, 7A—Midland, New, 3214—Newcastle and
Berwick, 3414—Shropshire Union, par—Taff Vale, 133
Wilts, Somerset, and Weymouth, oq dis.
LIVERPOOL, DECEMBER 3.
STOCK EXCHANGE.—The sales are—Chester and Bir-
kenhead, 201. Shares, 114 p.—Eastern Counties, 23—London
and North-Western, 194—Ditto, Quarters, New, 13% p.—
London and Manchester and Birmingham, Quarters (B), 71/2
p.—Manchester and Leeds Extension, I% p.—Midland, 127
—Ditto, New, 51/4 p.—Ditto, Consolidated Birmingham and
Derby, 104—Sheffield and Manchester, No. 1, p.—Ditto,
Quarters, No. 3, 14 dis.—South-Eastern and Dover, New,
No. 1, 3 p.—York and Newcastle, Preference, 514 p.—
York and Selby (East and West Riding Extension), Prefer-
ence, 10 p.—Caledonian, 1 dis.—East Lancashire, New, Nos.
1, and 2,37 i p.—Litto, New, scrip, 17,4 p.—Great Grimsby
and Sheffield, Quarters, 34 dis.—Leeds and Thirsk, 114 dis.
—Ditto, New, 14 p.—Shrewsbury and Chester (late N. W.
M.), 41,4 p.—Shrewsbury, Oswestry, and Chester, 1% dis.—
Ditto, New, 3s. 9d.—Wakefield, Pontefract, and Goole Ex-
tension, 23j4 p.—Ambergate and Eastern Junction, 3s. gd.
p.—Birkenhead, Lancashire, and Cheshire Junction, 13s. 9d.
p.—Birmingham and Oxford Junction, 634 p.—Blackburn,
Clitheroe, and North. Western, 114 dis.—East Lincolnshire,
16s. 3d. p.—Newry and Warrenpoint, 214 p.—North Staf-
fordshire, 33,4 p.— Sheffield, Rotherham, and Goole, 34 p.
—ihrewsbury and Hereford, 14 dis.—Shrewsbury and Bir-
mingham (A), 214 p.—Ditto (B), 1 p.—Shropshire Union
Railway and Canal, 1/4 dis.—Sheffield and Lincolnshire, 34
dis.—West Riding Union, 2 p.—Glasgow and Dumfries, par
—London and York (Direct Northern ), dis.
MANCHESTER, DECEMBER 3.
STOCK EXCHANGE. —The sales are—Ambergate, Notting-
ham, and Boston, % p.—Birmingham and Oxford Junc-
tion, 6 13-16 p.—Churnet and Blythe, 14 dis.—East Lanca-
shire, No. 2, 4 ex n.—Ditto, New, Scrip, 13g p.—East Lin.
colnshire, p.—Edinburgh and Glasgow, Quarters, 18 %
Great Grimsby and Dock Extension, 1% dis.—Huddersfield
and Manchester Railway and Canal, 434 c. p.—Ditto, Thirds,
1% p.—Leeds and Thirsk, 11-16 c. all—Liverpool, Manches-
ter, and Newcastle Junction, 5/3 dis.—London, Manchester,
and Birmingham, 741—Ditto, Quarters (A), 7 s.l6—Ditto
(B), 7 5-16—Manchester and Leeds, Halves, 11 p.—Ditto,
Quarters, 5% p.—Ditto, Fifths, 6 p.—Ditto, Sixteenth, 814
—Ditto, Extension, 1 5-16 p.—Ditto, Halves (Liverpool and
Bury). New, 1 p.—North Bri.ish, Halves, 4% P.—North
Staffordshire, 4 p.—North-Western, p.—Oldham Alliance,
1 p.—Preston and Wyre, Halves (B), 14 P.—Sheffield and
Lincolnshire, 3, dis.—Sheffield, Rotherham, and Goole, 34
p.—Shrewsbury and Birmingham (A), 214 p.—Sbrewsbury
and Herefordshire, 14 dis.—Shrewsbury, Wolverhampton, &c.,
p.—Shropshire Union, 1-16 dis—Trent Valley, Midlands,
&c., I—West Lancashire Coast, % dis.--West Riding Union,
2 p.—Wharfdale (late North-Eastern), dis.—York and
Newcastle, Preference, 514 p.
LEEDS, DECEMBER 3.
STOCK EXCHANGE.—The sales are—Eastern Counties,
York Extension, 335.
p. —East Lancashire, No. 1, New, 47'
p.—Ditto, No. 2 (late Ormskirk, &c.), 4% p.—Ditto, New
's
Scrip 2 p.—East Lincolnshire, 15s. p.—Huddersfield and Man-
chester, 4% p.
_Huddersfield and Sheffield, 5 p.—Leeds and
Dewsbury. 1114 p.—Ditto, Branches (blue), 7 p.—Le.dB
'and Thirsk. 114 c. dis.—Ditto, New, 75. 6d c. p.—Ditto,
Preferentials, 1% p.—Malton and Driffield Junction, 114 p
—Manchester and Leeds Extensions, 28s. 6d.—Manchester,
Buxton, Matlock, and Midland, 265. p.—North
Thirds, 51s. p.—Ditto, Quarter Shares (late Carlisle Branch),
254 p.—Ditto, Extension (scrip), 225. p.—Sheffield, Rother-
ham, and Goole, 238. P.—Shrewsbury and Birmingham, 2
p.—York and Newcastle, Preference, 514 p.—Ambergate,
Nottincham, and Boston, 68. p.—Leeds, Wakefield, and Mid-
land, Bs. dis. new scrip—North-Western, p.—West Riding
Union,

HULL, DECEMBER 3.
STOCK EXCHANGE.—Our market still continues very bare
of stock, consequently all the sales effected to-day are at
improved rates. The feeling of the market is decidedly
better than at the beginning of the week, with a prospect of
continuance. The sales a"e—North British, New Quarters,
scrip, 225. p.—York and North Midland, Preference, 10 p.
—Ambergate, Nottingham, and Boston, 23/4—East Lincoln-
shire, 16s. p.—lpswich and Bury Extension, Norwich, 21. 14s.
—Mahon and Driffield Junction, 2ls. p.—North Stafford-
shire, a 18s. p.—Shropshire Union, par.
NE WCASTL E-UP N -TYN E, DECEMBER 3.
STOCK EXCHANGE.—The sales are—Eastern Counties, York
Extension, 335. p.—Edinburgh and Northern (Newport),
355. p.—lpswich and Bury Extension, lA p.—Newcastle and
Berwick (North Shields), 123/4 p.—North British, Thirds,
525. 6d. p.

YORK, DECEMBER 3.
STOCK EXCHANGE.—The sales are—Eastern Counties,
York Extension, 31. 13s.6d.—Grand Union (Nottingham and
Lynn), %—Malton and Driffi-ld Junction, 3L 3s.—Manches-
ter, Buxton, Matlock, and Midland, 31. 4s. 6d.—Newcastle
and Berwick, 3414—North British, Thirds, 3%—Ditto, Ex-
tension, 11. 13s. 6d.—North-Western, 31. 25.—Sheffield,
Rotherham, &c., 31. Ils.—West Riding Union, 414—York
and Newcastle, Preference, 7/. 6s. 3d.—York and North Mid-
land, Preference. 121,.
EDINBURGH, DECEMBER 2.

STOCK EXCIIANGE.—The sales are—Avr and Galloway,
275. 6d.—Caledonian, New, 45s.—Direct Northern, 395.--
Dundee and Perth, New, 101.—East of Fife, 35s.—Edin-
burgh and Glasgow, 761.—Edinburgh and Northern, 15 ex
new—Ditto, New, 94s.—Ditto, Newport, New, 55s.—New-
castle and Berwick, 341/6—North British, 35% ex thirds.—
Ditto, Thirds, 745. 6d.—Ditto, Quarters, 705. ex thirds—
Ditto, New Quarters (scrip), 325. 6d.—Scottish Central, 22%.
—Scottish Grand Junction, 15s.—Shrewsbury, Oswestry, and
Chester, 65/8—Stirling and Dunfermline, 62s.—Strathern
Junction, 79.—York and Newcastle, Preference, 71/2—Great
Southern of Madras, Bs.

GLASGOW, DECEMBER 2
STOCK EXCBANGE.—The sales are—Ayr and Galloway,
28s. 6d.—Caledonian and Dumbartonshirt., 383. 9d.—Direct
Bombay and Madras, 6s. 61—Eastern Counties, York Ex-
tension, 75s.—East of Fife. 363.—East Indian Railway, I Is.
9d.—Glasgow General Terminus, 11L—Glasgow, Kilmarnock.
and Ayr, Halves, 73f3—Glasgow, Dumfries, and Carlisle, 51.
Os. 6d.—Glasgow, Kilmarnock, and Ardrossan, 32a. 9d.—
Glasgow, Airdrie, and Monkland Junction, 41s.—Great Indian
Peninsular, 52.—Great Southern of Madras, 6s. 9d.— London,
Bristol, and South Wales, 235. 3d —ulancliester and South-
ampton, 28s. 6d.—Midland, Halves, 614—North British,
Thirds, 74s.—Ditto, New Quarters (scrip), 325. 6d.—Pais-
ley and Renfrew, 10,3/4—Shrewsbury and Hereford, 15s.—
Stirlingshire and Midland Junction, 502.—York and New-
cutle, linfenucer/%.