The Sun.
London, England, 1846-08-01 00:00:00

£29.312,945

•
Dated the 30th day ofJuky. 1846. _
RANKING DEPARTMENT

Proprietors' capital . • 14,553,000
Rest .... ...... 3,508,378
Public deposits (in-
cluding Exchequer,
Commissioners of
National Debt, Say-
ings-banks, and Di-
vidend accounts) • . 3,435,401
Other deposits • • • ... 14,305,341
Seven day and other
bills •••• • • • • •• • 940,024

Government securi:

ties (including Dead
Weight Annuity) .. 12,962,560
Other securities •• • • 14,583,407
Notes • ...... •••• • • • 8,552,695
Gold and silver coin• • 636,482

X 36,745,144

£36,745,144
:. MARSHALL. Chief Cashier.

Dated the 30th day of July, 184,

COURSE OF EXCHA
Amsterdam .... C.F. 12 8%

.NGE.-(YESTERDAY.)
IGibraltar ..........••
Leghorn ..
Genoa ....••......•• 26 20
Milan .. • . . —

Ditto, at sight ...... 12 5g
Rotterdam 2U. 12 9
Antwerp... .... 26 15
Hamburgh 31.8. 13 15%
Aitona • •
Paris, 3 days' sight .. 25 85

Venice
Naples .. .... • . 39
Palermo, per ....
Lisbon.. .. • ...... . 53

Ditto, 3 rnontlis...... 26 15
Marseilles •. .• ...... • . 26 20
80urdcaux......... • • 26 20
Frankfort on Maine.... 1224
Petersburgh, 3 U5......U5......
Berlin • • ..... ......• ..
Vienna, effec.flo • • ...• 10 14
Trieste, ditto.... • • .... 10 14
Madrid ••.. • • ........ 3534
Cadiz • • •.. : ........ 36%
Bilbao .•.............. 8i1ba0.................—
Barcelona .. -
Seville• • • • • • • . • •

Oporto ...... •• .. b 31,4
Rio Janeiro .......... 24

Bahia . ...........
Buenos Ayres .. .•.. • •

New York, 2 t days' sight
Philadelphia .. .. • • .. ..

PRIORS OP BULLION, PER OZ.
Foreign Gold in bars f... 3 17 9
Portugal Gold Coin •• 3 17 5
New Doubloons 0 0
New Dollars • 0 4 9%
Silver in bars ...... •• 0 4 111{

NEWRY, ARMAGH, AND LONDON
. DERRY RAILWAY COMPANY.
A meeting of the subscribers to this undertaking, the
Company having been disiolved on the 25th of April last,
was called yesterday. to have an account laid before them of
the affairs of the Company.
Earl Charlemont was called upon to take the chair.
The SECRETARY read the advertisement convening the
meeting.
The CHAIRMAN then said it was not his intention to
detain the meeting at any length; had he risen to ad-
sicess them on the
.prospects of the Company, and the
public advantages likely to arise from the line on the fulfil-
ment of their intention, he would have done so
in great elation of • spirit. Yet even now, though
they had failed, not through misconduct of their directors,
for they had exerted themselves to the utmost, but under
circumstances and events which they could not control, lie
addressed them by no means under depression of spirit; for
nothing had been neglected which could have advanced the
interests of the Company, there was no chicane in the con-
cern, nothing to conceal. A report would be read fully de-
tailing the particulars, and a minute statement of the ac-
counts submitted to the shareholders.
Mr. Ootx, the solicitor of• the Company, then read the
report of the directors,history which detailed the of the
undertaking. It stated that the capital of the Company was
proposed to be 400,0001., that 13,095 shares had•been allotted,
and 6,555 paid upon, producing 16,387/..105. ; that the directors,
considering the small amount of capital compared with the
estimated cost of the line, and looking to the deposits to be
paid into the Accountant-General, were inclined, on the 2d
of December last, to stop. proceedings before serving
the notices; that this intention of their's being
known in Ireland was deprecated _generally by the
shareholders there, in consequence of which the -directors
determined to proceed, encouraged as they were to do this
by the hope that Irish lines would meet with facilities in the
Commons, and that the standing orders of the House of
Lords would be relaxed in their favour; that an nne,xpectee
turn in the money market afterwards produced an almost
universal desire on the part of the shareholders themselves
that the Bill should be withdrawn, which the directors ac-
cordingly did, and dissolved the Company on the 25th April.
A statement of the accounts laid before the meeting
showed receipts amounting to 16,3981. 3s. 9d., from
was deducted, for disbursements already made, ,754 which
4 Pie. 9d.,
leaving awbailcahncehase been givenof,ll,643l. 118.
in to
s.tomeet
theou mtstaaiidoiunngto
f
ac-
counts, which
10,3201. 7s. Id., from which, however, the directors Lope to
be able to make considerable reductions.
Mr. PARSONS wished to know why the directors had
proceeded at all with a capital so far short of 400,0001.
Mr. OGLE said the directors were urged on by the share.
holders themselves, as the report had stated ; and the
directors were induced by the expectation of meeting with
facilities of which they were disappointed in Parliament.
The engineer besides found that by making a single line the
ends of the public might be attained and the undertaking
finished at a small cost.
Sir. PARSONS asked whether there had been any reserve cf.
shares for the directors.
The CHAIRMAN—No, not one.
Mr. FORBES, in answer to a shareholder, said that the
directors had generally paid upon their shares, but five of
them, three Irishmen and two Englishmen, had not paid up.
These parties had been written to, and would be again, and
the directors were in hope they would pay without recourse
baying been had to harsh measures. Each director had taken
about twenty shares each.
Mr. CLARK moved that the report read be received and ap-
proved of.
Mr. PARSONS seconded the motion, which was carried
unanimously.
Alr:'(.7a4,r, after some able observations on the merits of
the line, and. the attention of the directors to the interests Of
the shareholders, added his hope that on a change in the
money market the undertaking might yet be carried out, and
concluded with a motion to that effect.
The NOBLE CHAIRMAN, before putting the motion, adverted
to the observations with which the motion had been intro-
duced, and expressed his hope that so good a line would yet
be carried out,-..-that he, at least, would be read/ t 9 *l4 mi
person and in purse.
azotiou was carried nem con.

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