The Sun.
London, England, 1846-08-08 00:00:00

1,617,500
...about 1,400,000
25,000

£1,687,500
"The directors have taken into their consideration.temost
expedient mode of providing the requisite capital
.t conior
ohr ca moriT-
ing into effect these several works. And
Leg islature . in
for
mity with the powers granted by the
the purpose, they propose a creation of 251. shares
to the extent of 4,687,500/., being the amount of capital
required as above stated, and that one new share of 251. be
allotted to the owner of every 1001. share or 100/. stock. But,
in order that this new creation may press as little injuriously
as possible on the existing stock, it is proposed, in the first
instance, that a call of V. per share be made, which shall
not be entitled to interest or dividend till a further call is
made. Second—That the remaining calls shall be made as
follows :

51. per share in July, 1848.
5/. „ „ July, 1849.
51. „ „ July, 1850.
51. „ „ July, 1851.
and the remaining 31. „ „ July, 1852.
Such calla being entitled to dividend at the rate of 4 per
cent. from the date when they severally become due, till the
whole amount be called, after which the holders of the new
quarter shares will receive dividends rateably with the general
stock of the Company. Should the foregoing scheme obtain
the sanction of the meeting, resolutions will be submitted to
carry the same into effect.
"In reference to the general management of the London
and North-Western Railway, it is obvious that much advan-
tage may be expected from uniformity of system and concen-
tration of authority, on all matters of general policy or
mutual arrangement—while, at the same time, the directors
will be anxious to obviate as far as possible in regard to the
northern division, whether in reference to shareholders, or the
public, any inconvenience which might be apprehended from
the principal office being in London. It is hoped, that the
Liverpool and Manchester offices will afford such information,
and answer all such purposes of a central office, as may be
required by the locality. Transfers for registration, or certi-
ficates for endorsement, if left at the Liverpool or Manchester
office, will be considered as delivered to the Company; and
the transmission of documents, to and from London, being
effected in the night, it is hoped, that very little delay or in-
convenience will be experienced.
" The proprietors may be aware that the Grand Junction
Company, prier to the amalgamation, entered into an agree-
ment in conjunction with the Manchester and Leeds Com-
panp, for the leasing, in perpetuity, of the North Union Rail-
way. This agreement is now confirmed by Act of Parliament ;
and during the last six months the North Union line has
been worked conjointly with the lessee companies.
" This engagement of lease was undertaken by the Grand
Junction Company on grounds of general policy, and with
a view to the promotion of the Great North and South
traffic, with the risk of some temporary loss in the working
of the North Union line. The directors are happy to report
that the traffic of the line has considerably increased since
it has been under the direct management of the lessee com-
panies, as compared with what it was in the hands of the
common carrier, arising principally from the change of sys-
tem in the carriage of goods. They have reason to expect,
therefore, not only that their general anticipation of
benefit to the north and south traffic will be realised, but
that this result will be accomplished -without loss on the
North Union lease, considered by itself. The directors are
glad of this opportunity of acknowledging the long and valu-
able services of the principal engineers of the two divisions of
the railway, Robert Stephenson, Esq., and Joseph Locke,
Esq., and they are persuaded the proprietors will join them
in this feeling. They propose, accordingly, that two sums of
1,000 guineas each be appropriated to providing suitable tes-
timonials for this object.
"At this first general meeting of the London and North-
Western Company, the directors are anxious to express the
high sense they entertain of the confidence which for many
years they have experienced from the proprietors, while
members of the several directions, now united into one board.
They are sensible of the extended responsibility which de-
volves on them in entering on the duties of so large an
undertaking, whether contemplating their obligations in re-
ference to the shareholders, or to the public. They will
endeavour to justify the trust, hitherto reposed in them."

Resolutions in accordance with the report were unani-
mously adopted; after which a vote of thanks was carried to
the Chairman and directors, and the meeting separated.

RAILWAY SH altg MARKETS.

BRISTOL, AtorsT '6.
STOCK EXCIIANCE.-The sales are-Bristol and Exeter, New, 11%
-Caledonian, 11. Bs. 9d.-Manchester and Leeds, Quarter Shares,
10-Newcastle and Darlington Junction, 11%-Newcastle and Ber-
"rick, 298-Taff Vale, New, 1/. Gs. 3d.
LIVERPOOL, AUGUST 6.
NEW STOCK EXCIIANGE.-The advance noted in our last report
was maintained on Tuesday, bat, although a large business has since
been done, anti great activity still prevails, prices have in some in-
stances receded. The sales are -Ambergate, Nottingham, Boston, and
Eastern Junction, 3e. 4d. p.-Birkenhead, Lancashire, and Cheshire
Junction, 11. 18s. 9d. p.-Birmingham and Oxford, 5% p.-Buck-
inghamshire, par-Direct Northern (251. Shares), % dis.-Eastern
Counties, York Extensions, 2 p.-East Lancashire, No. 1,8% p.-
Grand Union, % dis.-Great Grimsby and Sheffield, 3A dis.-Ditto, I
Quarters, 18% dis.-Ditto, Extension, 4s. dis.-Great Western, Half
Shares, 86-Iludderstield and Manchester, 314 p.-Ditto, Extension.
% p.-Huddersileld and Sheffield, 8% p.-Leeds and Thirsk, disc
-.-Leicester and Bedford, 4 dis.-Liverpool and Bury, New Share.%
2/. 2s. Gd. p.-Liverpool, Ormskirk, and Preston, 31. 16s. 6d. psi--
London and York, % dis.-Manchester, Bolton, and Bury Exton-
Orions, 2% p.-Manchester and Leeds Extensions, 3% p.-Manches-
ter, Matlock, and Midland, 1% p.-North British, 40-Ditto, Car-
lisle, 2% p.-North Staffordshire, 41,E p.-North Western, % p.-
Preston and Wyre, Half Shares New (B), 12s. p.-Sheffield and
Lincoln, 4a. 6d. p.-Sheffield and Manchester, 111-Ditto, Quarter
Shares, No. 2,1% p.-Ditto, No. 3 (late Barnsley), % p.-South-
Eastern, New Half Shares, I p.-South Midland, % p.-West
Riding Union, 3%p.-Caledonian, dis.-Dundee and Perth, 5%
-Edinburgh and Northern, 1%-Ditto (151. Shares), 2 p.-Belfast
and Ballymena, 7 dis.-Dutch Rhenish, dis.
MANCHESTER, Acousx 6.
SToe.H Excnsieca.-The sales are-Ambergate, Nottingham, &c.,
1-16 p.- Boston, Stamfordland Birmingham, 10s. c. dis.-Buckingham
and Bletchley Junction, par -Churnet and Blythe, % dis.-Direct
Northern, % dis.-Eastern Counties, York Extension, 2 p.-East
Lancashire, 8% p.-East Lincolnshire, % dis.-Edinburgh and
Northern, 2% p.-Exeter and Exmouth, % dis.-Fleeiwood, Pres•
ton, and West Biding, % dis.-Glasgow and Dumfries, 9-16 dis.-
Grand Union, t 4 dis.-Great Grimsby and Sheffield, Quarter Shares,
p.-Huddersfield, Halifax, and Bradford, 3% p.-Huddersfield
and Manchester Railway and Canal, 3 p.-Huddersfield and Sheffield
Junction, 8% p.- Lancashire and North Yorkshire, % dis.-Leeds
and Thirsk, 3 dis.-Leeds, Dewsbury, and Manchester, 6% P.-
Leicester and Bedford, % dis.-Liverpool and Bury, 8% p.-Liver-
pool, Ormskirk, and Preston, 3% p.-London and Brioton, GO4 -
Manchester, Buxton, and Matlock, 1% p.-Manchester and Bir-
mingham, 8833-Ditto, Quarters (u), 1034 p.-Manehester and Leeds
Extension, 3% p.-North British, Carlisle Branch, 2% Nop.-
Eastern, 1% dis-North Staffordshire, 4 c. p.-North Western, 0-16
p.- Oldham, Birkenhead, &c., dis. -Preston and Wyre, 371, -
Sheffield and Lincolnshire Junction, 3-16 p.-Ditto, Extension, 14
dis.-Shetlield and Manchester, Quarters, No. 1, 4 p.-Ditto, ditto,
No. 3, Ve p.--Shrewsbury and Birmingham, 13.16 p.-Shrewsbury,
'Wolverhampton, and South Staffordshire, ;4 p.- Shropshire Union
Railway and Canal, vs dis.-South-Eastern and Dover, 46-Ditto,
Halves, No. 1,7%, p.-Ditto, Halves, No. 4, 1 1-16 p.-South Mid-
land, N p.-Trent Valley, Midland, and Grand Junction, % dis.-
Lancashire Coast, 17s. dis.-West Riding Union, 3% p.-White-
haven and Farness, 2%
LEEDS, Arcrsr 6.
STOCK EXCITANGE.-'he sales are-Eastern Counti, York Ex-
tensions, 395. p.-East Lancashire, 8,74 p.-Great Grim essby and Shef-
field, Quarter Shares, 3s. 6d. dis.-Huddersfield and Manchester, 2N
p.-Ditto, Extensions, 7s. p.-Huddersfield and Sheffield, 8% p.-
Leeds and Bradt; ird, 45 p.-Leeds and Dewsbury, 6% p.-Ditto,
Extensions, 3s. Gd. dis.-Leeds and Thirsk, 21k dis.-Manchester
and Leeds, Fifth Shares, 9% p.-Ditto, Extensions, 3% p.-New-
castle and Berwick, 14 p.- Newcastle and Darlington Junction Ex-
tensions, 11% p.-North British, Carlisle Branch, 2% p.-Amber-
gate, Nottingham, and Boston, par-East Lincolnshire, 2s. Gd. dis.
-Grand Union, Gs. dis.-Great Eastern and Western, 295. dis.-
Great Kent Atmospheric, 15s. 6d. dis.-Lancashire, Yorkshire, and
North-Eastern, 265. dis.-Leicester and Bedford, 10s. dis.-Liver-
pool, Ormskirk, and Preston, 31 p.-London and York, % dis.-
Mahon and Driflield Junction, 153. lid. p.-Manchester, Buxton,
Matlock, and Midland, 255. 6d. p.-Midland, and Thirsk Junction'
17s. Gd. dis.-North Staffordshire, 41,4) p.-North Western, Ifs. 6d:
p.-Sheffield, Rotherham, and Goole, % dis.-Shropshire Union, %
die.-south Midland, 14s. p.-South Mid and Junction, % dle.-West
adding Union, 55-Yorkshire and Glasgow Union, 1% dis.
HULL AueusT 6.
STOCK EXCIIANGE.-The sales are-Eastern Counties, York Ex-
t easion, 2%_-North British, Half Shares, 14% - Ditto, Carlisle
Branch, 775.-Blackburn, Darwen, and Bolton, 814-Ditto, New,
44 -Ainbergate, Nottingham, and Boston, &c., 2%-Armagh, Cole-
raine, and Portrnsh, - East Lincolnshire, 175.-Grand Union, 235.
Gd. -Leicester and Bedford, 1 Is. Gd.-Leicester and Tainwerth, 335.
9d.-Liverpool, Ormskirk, and Preston, 3!4 -London snd York, 2/.
4s. fal.-Mallon and Drittleld Junction, N, p.-alanehester, Buxton,
Matlock, and Midland, 265.-North Western, Bs.; p.-North Stafford-
shire, 414 p.- Rugliy and Huntingdon, 225. 6d.-South Midland, 15s.
p.-Shrewsbury and Birmingham, 3%-West Riding Union, 5%.
SHEFFIELD, Asians's' 6.
groca EXCUANOZ.-The sales are-Grimsby and Sheffield, Ex-
tension, 83. dis.-Leeds and Thirsk, 11,E dis.-Ambergate, Notting-
ham, and Boston, dis.-East Lincolnshire, 6s. dis.-Manchester
and Lincoln Union and Canal, 17s. dis.-North Western, 1 Is. p.-
Sheffield and Lincolnshire, par.
YORK, AUGUST 6.
SToCK EXCHANOL.-The sales are -Amb2rgate' Nottingham, and
Boston, 2%-Eastern Counties, York Extension, 21. I is. 3d.-East
Lincolnshire, 11,y-Grand Union (Nottingham and Lynn), 1 --Leices-
ter and Bedford, 11s.-London and York, 21. 65.-Ditto, Half Shares,
214-Manchester, Buxton, Matlock, and Midland, 3%-Newcastle
and Berwick, 23-Newcastle and Darlington, New, 12-North
British, Carlisle Extension, 3% -North Staffordshire, 6%-North
-w,stere, j % -West Biding Union. 414-York and North Midland,
East and West Riding Extension, 13%.
EDINBURGH, AUGUST 5.
STOCK EXCITANGE.-The sales are-Aberdeen, 10 % -Caledonian,
17%-Ditto, New, 375. &L-Direct Northern, 50s. 6d.-East Indian
Railway, 19s. Gd. -East of Fife, 255.-Edinburgh and Glasgow, 605.
-Edinburgh and Northern, 101. 145.-Ditto, Newport, 225. 9d.-
Edinburgh and Perth, GOB.-Glasgow and Belfast Union, 415.-
Glasgow, Dumfries, and Carlisle, Ms.-North British, 41-Ditto,
Extension to Carlisle, 87s. -Ditto, Extension, to Dallteith, 8-
Perth and Inverness, 31s. 9d.-Shrewsbury, Oswestry, and Chester,
61. Gs.-South Midland, 575. Gd.-Stirling and Dunfermline, 275.
GLASGOW, AUGUST 5.
STOCK FALenAtim -The sales are-Aberdeen, 101.-Caledonian,
New, 325. ed.-Caledonian and Dumbartonshire Junction, 275.-
Caledonian Direct Northern, 42s' ad. -Clydesdale -Clydesdale Junction, 231.-
Direct Northern, 475. 64.-Dundee and Perth, 2514-Eastern, Coun-
ties, Y ork Extension, 4-N, ed.-East Fife, 245.-East Indian Rail-
way, Ids. Cal.-Edinburgh and ger n, 111.-Ditto, Newport, 235.
Edinburgh and liamaton Direct, 415.-Glasgow General Ter-
will us. 9%
-Glasgow and Belfast Union, 455.-('asciw, '1 g , Dunafriee,
and Carlisle, 395. 6d.-Glasgow, Kilmarnock, and Ard
-Glasgow, Airdrie, and Monkland Junction, 425. Oriiersaesatatn North 3orth.
North 6d o
of.
Scotland, 19s. 9d.-Great Indian Peninsular, 75. ca.-
India, 7s. Gd.-Lanark and Lothians, 455.-London, Bristol and
South Wales, 245.-alanchester and Southampton, 345.
British, Extension to Carlisle, 925. 6cl -Perth and Invernesa, 325.
6d.--Seettish Central, 19 % Shrewsbury and Herefordshire. los._
h M"lsnd 57i Ga.-South and Midland Junction, 245. Gd.-
..out .
Stirlingehire and _Midland Junction, 565.

BANK OF

ENGLAND.
fight's Gazette.)
ith and Bth of Victoria, cap. 32, for
y, the Ist day of August, 1846.
,ARTMENT.

- -
(From lasi
An Account, pursuant to the Act 7
the Week ending on
ss SaturdDE a
Pl
fJE
X.
Notes Issued• • .• .... 29,292,320

Government debt .. 11,015,1C0
Other securities • • 2,954,9C0
Gold coin arid bullion 12,854,618
Silver . ..... 2,437,702

£ 29,292,320

29,292,320
MARSHALL, Chief Cashier.

Dated the Cth day of Angast, 18,

--.-.,...-ii----_
IMPERIAL PARLIAMENT

HOUSE OF LOUDS, August 7.
ROYAL ASSENT.
The royal assent was given to-day by commission o the
following Bills. The Commissioners were the Lord Chancellor,
Earl Forteseue, and the Earl of Minto.
The Militia Ballot Suspension Bill.
The Ordnance Survey Bill.
The Newfoundland Bill.
The Cheshire Returning Officers' Bill.
The Stamford and Spalding Railway Bill.
The Llynvi Valley and South Wales Junction Railway Bill.
The Sheffield, Rotheram, Barnsley, Wakefield, Huddersfield,
and Goole Railway Bill.
The Wisbech, St. Ives, and Cambridge Junction Railway Bill
The Taw Vale Railway Extension Bill.
The Enfield and Edmonton Railway Bill.
The Manchester and Lincoln Uniou Railway, and Chester-
field and Gainsborough Canal Bill.
The London and Birmingham Railway (Birmingham Exten-
sion) Bill.
The Galway and Kilkenny Railway Bill.
The Argyll Canal Bill.
, The Sligo Ship Canal Bill.
I The Campbeltown Harbour Waterworks and Paving Bill.
The Edinburgh Paving (No. 2) Bill.
The Dublin Cemetery Bill.
The Agricultural Companies Bill.
Lord Kinnaird's Estate Bill.
The Yeovil Borough Estate Bill.
The LORD CHANCELLOR took his seat on the Woolsack
at Five o'clock.
Messengers from the House of Commons brought up several
Bills, including the Baths and Washhouses Bill and a Bill to
open the Court of Common Pleas to all barristers who were
entitled to practice in the superior courts of Westminster.
Lord CAMPBELL presented a petition from the proprietors
of the provincial newspapers of England, praying for a further
reform in the law of libel.
On the motion of Lord CAMPBELL, the Irish Marriage
Act was read a third time, and passed.
The NOBLE Loan also moved the third reading of the Irish
Mandamus Act, which was agreed to.
The Marquis of LANSDOWNE laid the report on the table
on the College of Maynooth, under the new Act, which was
read and agreed to.

ART-UNIONS.
Lord MONTEAGLE moved the third reading of the Art-
Unions Bill.
Lord LYTTELTON opposed the third reading on the ground
that he thought the Bill necessarily involved the encourage-
of lotteries and gambling, and that the object could not be
obtained in consistency with the mind of the Legislature ex-
pressed some time ago.
Lord MONTEAGLE said he was glad to have co-ope-
rated with the late Lord Lyttleton in putting down
the old lottery system, which encouraged the spirit
ut but he must say that the word lottery as
applied to the present ca" 4ha
old use of it, when men entered into a mere speculation for
the purposes of pecuniary gain. In the cases of
art-unions parties associated themselves for the dis-
semination of works of art—an association which had
already been productive of the very best results in art, there
having been upwards of 91,0001. expended during the last
year, among men of the most deserving character, in aid of
the fine arts.

FIRST READINGS.
On the motion of the Earl of CLARENDON, the follow-
ing Bills were read a first time
Court of Common Pleas E ill.
The Baths and Washhouses (Ireland) Bill.
Dublin Wide Streets Bill.
BOOKS AND ENGRAVINGS BILL.
On the motion of the Earl of CLARENDON, the Bill af-
fecting the duties on books and engravings from Prussia, on
the ground of the late treaty with that country, was read a
second time.
Their Lordships then adjourned.

HOUSE OF COMMONS, August 7.
There were only 32 Members present at five minutes before
Four o'clock, at which time the Usher of the Black Rod en-
tered the House and commanded its attendance in the House
of Peers, to hear her Majesty's assent given to several public
and private Bills (for which see Lords' report). Im-
mediately upon Sir Augustus Clifford, the Usher of
the Black Rod, entering the House, the SPEAKER, took
the Chair, the presence of that important functionary, bearing
her Majesty's command for the House to attend in the House
of Peers, constituting a House, no matter how few Members
are present.
LORDS' AMENDMENTS.

The Lords' Amendments to the following Bills were agreed

Airdrie and Bathgate Junction Railway
Eastern Counties and Thames Junction Rniiway.
Glasgow, Dumfries, and Carlisle Railway.
London and South-Western Railway (Basingstoke and Salis-
bury Extension).
Plymouth Great Western Docks.
Rugby and Leamington Railway.
West 'London Railway Imyrovement and Extension.
CONSIDERATION OF REPORTS.
The reports on the following Bills were further considered,
and agreed to :—Bishop of Jerusalem's Naturalization Bill ;
Clark's Divorce Bill ; Matthysseas' Divorce Bill ; Pemberton's
(or Gervis's) Estate Bill.
SECOND READINGS.
Cork and Waterford Railway (by order).
Duke of Cleveland's (Bathwick and Wrington) Estate Bill.
Scott's Estate Bill.