The Sun.
London, England, 1846-04-16 00:00:00

HULL, Aran, 15.

STOCI Excluscs.—Last evening a meeting of shareholders fn
the East Coast Railway took place in the room of tbe Stock Exchange.
The local solicitor of the line was in attendance, and readily fur-
nished all information in his power. He stated that from the esti-
mated traffic returns, the line, when completed, would pay ten per
cent. ; that every one of the provisional committee had taken 100
shares each, and, with the exception of one gentleman who had sold
fifty, they all held the shares taken by them. The line, as originally
brought before the public, was intended to commence at the terminus
of the Lynn and Dereham at Lynn, and form a complete coast line to
Grimsby ; but the scheme of the East Lincolnshire meeting with
greater support from the landed interest, and taking the same route,
the committee abandoned that part of the line from Boston to
Grimsby, retaining the remainder from Lynn to Boston, being, with
branches, about forty-five miles. It appeared, however, that not-
withstanding this abandonment enabled the promoters to reduce the
amount of shares from 22,000 to 10,000 of 50/. each, there were not
more than 8,000 to 9,000 taken up. The project appeared not divested
of merit, as shortening, in connexion with other projected lines, tho
distance from the manufacturing districts of Lancashire and to Lon-
don. It was stated by the solicitor, that should they succeed in the
Commons, a further call of 5 per cent. would be necessary to enable
the Bill to go through the House of Lords. This appeared to finally
decide the meeting as to the course to be adoped ; and a petition to
the House of Commons, praying the dissolution of the East Coast
Railway Company, was unanimously agreed to. It was understood
that the promoters would willingly accede to the wishes of the ma-
jority of shareholders. There has not been so much business passing
to-day. The sales are—North British, Carlisle, 335. 6d.—Derby and
Gainsborough, 13s. 9d.—East Coast, 20s.—Great North and South
Wales and Worcester, 93. 9d.—Hull and Barnsley Junction, 235. 6d.
—Liverpool and Leeds, 21. Bs. 9d.—London and York, 265. 6d.—
North Staffordshire, 47. Bs.—Northumberland and Lancashire Junc-
tion, 21s.—Sheffield Potteries and Crewe, 13s.—West Riding 3%—
Yorkshire and Glasgow Union, 20s. 6d.
LEEDS, Arau. 15.
. _

&rock ExCIIANOE.—The sales are—Eastern Counties, 13 p.—
Maachester and Birmingham, New Quarters (B), 74 p.—Ditto,
ditto (C), 64 p.—Newcastle and Darlington, Extensions, 74 p.—
East Lancashire, No. 2 (late Accrington), ss. p.—Great Grimsby and
Sheffield, 5 dis.—lluddersfield and Manchester, 20s. dis. c.—Leeds
and Bradford, 26 p. —Leeds and Dewsbury, p. c.--North Bri-
tish, New Carlisle Branch, 10s. p.—London and York, 275. 6d. dis.
—Direct Northern, 245. dis.—West Riding Union, 31. 118.—Amber-
gate, Nottingham, and Boston, 275. 6d. dis.—Bradford, Wakefield.
and Midland, 20s. dis.—Chelmsford and Bury, 17s. 6d. dis.—Grand
Union, 17s. dis.—Leeds, Wakefield, and Midland, 12s. 6d. dis.—Man-
chester, Buxton, Matlock, and Midland, par—Midland and Thirsk
Junction, 245. Gd. dis. —Northumberland and Lancashire Junction,
21s.—North Staffordshire, 2% p.—North Western, 3s. 6d.—Welsh
Midlands, 255. dis.—York and Carlisle, 295. dis.