The Sun.
London, England, 1846-12-29 00:00:00

ULL, bEcrlAt'BEil -2S

STOCK EXCHANGH.—Our market to-day has been brisk,
with a considerable amount of business doing. All our
quotations are in advithce of those last marked, and remain
firm at the close of busines. The sates are—Ambergate,
Nottingham, and Boston, 2/.165. 6d.—Leeds and Thirsk, 20s.
dis.—Manchester, Buxton, Matlock, and Midland, 20s. p.—
North British, 36—Ditto, Quarters,- 73s.—Ditto, Extension
(scrip), 18s. 6d. p.—North Staffordshire, 41,¢ p.—North-
Western, 18s. p—West Riding Union, 4/. 3s.— York and
Selby, Preference, 12W p.,—York and Newcastle, Preference,
5 P. •

SHEFFIELD, DECEMIER 28.

r STOCK. EXCIIANGE.-The sales are-Ambergate, Not-
tingham, and Boston, 6s. p. - Great Grimsbv and Sheffield,
2 is. c. dis.-Midland, New Shares, 4:34 p.-Sheffield and Lin-
coin, dis.-Sheffield, Rotherham, and Goole, 18. 6d. p.-
Leeds, Wakefield, and Midland, 1I dis.-South Yorkshire,
Doncaster, and Goole, 6s. 6d. p.
EDINBURGH, DECEMBER 26.
STOCK EXCHANGE. -The sales are-Caledonian, 23%
Ditto, New, 50s. 6d.-Direct Northern, 495.-Dundee and
Arbroath, New, No. 2, 291.-Dundee and Perth, New, 143%-_
East of Fife, 61s. 6d.-East Lothian Central, 445. 6d.-
Edinburgh and Northern, 151/ ex new-Ditto, New, 51. 2s.
-Ditto, Newport, 6% ex new-Ditto, New, 745.-Glasgow,
Kilmarnock, and Ardrossan, 5%-Great North of Scotland,
555.-Newcastle and Berwick, 35/.-North British, Thirds,
78s. 6d.--Ditto, Quarters, 695. 6d.-Ditto, New Quarters
(scrip), 325.-Ditto, Fifths, 71.-Scottish Central, 2134-
Shrewsbury, Oswestry, and Chester, 205.-Stirling and Dun-
fermline, 695. 6d.-Strathern Junction, 78s. 6d.-East Indian
Railway, 10s. 3d.

PEDESTRIANISM.
Joins SMITH AND AN ANATEUR.--..A. smart contest
of 100 yards, for a dozen sovereigns, between mine host
of the White Hart, Drury-lane, and a gentleman
amateur, who fancied himself somewhat fleet of foot,
came off yesterday at. Child's-hill, Hampstead. By the
conditions it was stipulated that Smith should give the
novice 12 yards' start, and, as the event proved, the Re-
gent-street Pet had his work cut out in regaining the
advantage he thus allowed. Atter a pretty fair start the
amateur ran well and spiritedly, so much so that in the
first forty paces Smith had scarcely lessened the interval
by three yards ; after this, however, he gradually gained
on his opponent, caught him within five yards of the goal,
and ran in first by a bare half-yard. Some of the spec-
tators declared it'a dead heat, but the referee decided
otherwise, and Smith pocketed the stakes accordingly.
SEWARD AND WESTHALL.—The stakeholder in the
match of George Seivard and Charles Westh4ll, for 501.
aside, has given up the -stakes to the former, on the
ground that W(sthall was not at the appointed place be-
tween the hours specified in the conditions.
EAST AND POWELL.—It is understood that the coo
petitors in this much-disputed walking match, have
assented to the proposition to walk again. The day,
however, is not yet fixed., For the credit and prosperity
of a'manly and beathful sport, let us hope "a clear stage,
no favour," and a desire to do right \vitt mark the next
meeting.

'REFORMS IN THE PAPAL STATES.—The commis-
sion appointed by the Pope to examine into the questions
connected with a revision of the civil and criminal laws
has made its first report, at which it passes in review
what it considers as the nip st urgent reforms, the fore-
m:)st of which is the institution of the jury. According
to.the plan proposed by the comini,sion, the jurymen
would be divided into two classes. The first would in.
elude rich dandowners, members of the nobility, and
commercial not,,bilities. The second would be composed
of litt4ary men, such as doctors of law and medicine, the
upper employes of the Government, members of the
academies, and professors of the universities. One mem-
ber of the commission proposed that the judicial discus-
sions should be public, but this reform was considered
by others as premature. •
INCREASE IN THE VALUE OF LAND IN SHROP,
SHIRE.—At the recent sale of waste lands, under the
Chin Forest Inclosure Act, out of twenty-eight lots
offered, twenty-seven were sold under the hammer, and
one by private treaty. Some of the above lots, upon the
op, n common, fetched the high price of 26/. per statute
acre ; and the average price of all the land sold was 15/.
per acre. About five years ago, under the restrictive
corn-laws, siniilar land, sold in the same way, and at the
same place), eid not produce a greater average than 74
per
acre.
On this occasion, the whole was bought by
people in the immediate neighbourhood.
Tits WEATHER.—Yesterday a very marked alte-
ration in the weather took place, notwithstanding that
the wind had during the evening of Sunday again veered
from S. W_ to N.N.W., accompanied by, a sharp frost at
au early hour in the morning, the wind was due north,
the temperature of the atmosphere at the Royal Hu-
mane Society's Receiving House, in Hyde-park, being
04 Fahrenheit, but as the day advanced the thermometer
rose; mar four o'clock it was at 33, with every indica.;
Lion of rapidly rising, the wind having veered from N.
to S.W., at which point it appeared to be stationary,
accompanied by a thick, heavy mist and fog, which be-
came so dense at the west end of the town as to cause
much confusion and danger to pedestrians, from the im.
manse number of 'carriages and omnibuses, particularly
in Oxford-street and Regent-street, delayed by the fog
from the fear of collision and the streets being crowded
with a great influx of passengers owing to the holidays.
The train from Carlisle, due in this town at nine
o'clock on Thursday morning, did not arrive till eleven,
having been delayed by the breaking of the axle of the
engine near to Fourstones station. The mail train from
the south, due at ten o'clock the same morning,
was also
delayed till three in the afternoon, in consequence, it is
said, of a luggage train having got off the line near to
Rugby. The north mail, due at three P.M. on the same.
day, only arrived at six o'clock on Thursday night, in
consequenceseuthmail,
datee
yesterdayoftheslipp
slippery
ystate of the roads The
morning, was upwards of an
hour behind its time; and the express train due last
night was aho delayed beyond its usual time, owing to
the state of the weather.—Newcastle Journal.

Jarow."-
11AILIVAY INTELLIGENCE.
IRISH LINES.
(From the Irish Railway Gcszette,)
At a meeting of directors of several of the lush rail-
way companies, held in Dublin, on, Friday, December
11, 1846, with a view to considerinr,; how the progress
of their works might be made avP.ilable towards reliev-
ing the present alarming and increasing destitution of
the poor in this country, it v(F, resolved to lay the fol.
lowing statement before hoc ~lajesty's government
It appears to this meetrog that Government aid to
Irish railway companies, b'y way of loan, would enable
them to assist very materially in relieving the present
distress, and afiord the same relief for a considerable
period, by providing an immediate and ample field for
unemployed and productive labour, in the acceleration of
their works.
That this employment would not be confined to anyt lo-
cality, but would be spread over large districts o the
country, from north to south.
To carry out this object the following suggestions are
respectfully submitted :
That, previously to a loan from Government to any
Irish railway company, twenty per cant. of their car2ital
shall be bona fide paid ap, and expended on the r..nder-
taking.
That the Governm-ent shall advance to such company a
sum not exceeding thirty per cent, of their capital, in in.
stalments of five: per cent., at such times as an equal
amount shall he paid up by t'ne shareholders.
The amount of loan thus required is less than that now
authorised by their acts to be borrowed, but it brings
that newer into action sooner.
Such assistance, by inducing the shareholders in the
respective companies more readily to pay up their calls,
appears fully justified by the recommendation of goiern-
ment loans to Irish railway companies by the -committee
of the House of Commons, in 1845, as—
" Bringing forward a large amount or, private ca:pital
in furtherance of public works of grePA national utility
as well as emolument, and thus c*ler benefits on Ire-
land which neither public nor private capital separately
employed could ever accomT;ille.i."
Without Some such assis',.ar.ce. it is muck to be feared
that many of the railways now in course of construction
must be 'greatly delayed, considerably lessened in exten.
or altogether stopped ; thereby adding fearfully to the
amour,t of destitution already existing.
Among the numerous advantages to the government,
the following are respectfully but particularly swa-
ge sted:—
valnstead of advancing an immense amount of money,
unassisted, for carrying out works for the most part of
questionable utility, and in many instances worse than
useless, from the pauperising effect already so apparert
upon the industrial habits of the laboure': by the present
system of baronial relief, and with the prospect of re-
payment at the best but doubtful;
By advancing five millions during the next three
years to Irish railway companies, an additional sum of
ten millions would be paid by the shareholders, thereby
causing fifteen millions to be expended on Irish railways,
the advantages of which cart scarcely be over-rated, es
whatever improvements are in contemplation for
Irela-ad, these must prove to be the most important
This would not create any unnatural demand for, or
give a false and only temporary stimulus to labour, but
would enable Irish railways to progress steadily, and be
completed in about the average time of construction for
such works.
Ie appears, from the present weekly expenditure by
the Government for relief of distress, and which has
been rapid)), on the increase, that by August next the
amount will probably be above 6,000,0001., thus exceed-
ing the loans required for railway companies for the
next three years.
The security would lie ample ker the repayment of
the loans, which would only amoait to three-eights of
the money actually expended on the works, whilst the
direct profit of Government, by borrowing at 3 per cent.,
and lending at 4 per cent., would be as follows :-
5,000,000/. to be returned by annual instalments, in
twenty years, commencing soon after the advance, would
bear a gross amount of interest, equal to an average o:
ten years.
Four per cent per annum on 5,000,000/ £200,000
Three ditto dito

Leaving a clear profit of £50,000
to the Government, which, upon an average of ten years,
would amount to 500,000/.
To this may be added tho indirect but mot unim
portant advantage in the greatly increased consumption
of tea, coffee, sugar, and other articles paying duties, as
woll as of low priced manufactured commodities.
To elucidate still further the result of the proposed
arrangement, the annexed table is respectfully submitted
to the consideration of her Majesty's Government.
LIST A.

IRISH RAILWAY COMPANIES —INCORPORATED 1845,
Name of Company. Capital.
Belfast anti Ballymena
..£335,000
Cork and Bandon
Dublin and Belfast Junction
Dundalk and Enniskillen
Great Southern and Western Extension 1,200,000
Londonderry and Coleraine
Londonderry and Enniskillen
Midland Great Western
Newry and Enniskillen
Waterford and Kilkenny
Waterford and Limerick

•,£7,425,722

LIST B.
'RIM RAILWAYS—INCORPORATED 1846.
Na me of Company. Capital.
lfa,qt and County Down 500,006
Clonmcl and Thurles
Cork, Blackrock, and Passage 130,006
Cork and Waterford
Dublin, Belfast, and Coleraine Junction
Dublin, Dundrum, and Rathfarnham
Dublin and Kingatown Extension
Galway and Kilkenny
Great Lcinster and Munster—Carlow to
Kilkenny
Great Leinster and Munster—Kilkenny to
C 1 noniel.
Great Southey] and Western—Cork Exten-
sion ...........
Killarney Junction 375,000
Limerick, Ennis, and Killaloe
Midland Great Western--Athlone
Midland Great Western—Liffey Branch 33,000
Mountrnellick Junction 22,500
Warrenpoint, and Rostrevor
:Sligo and Shannon lOO,OOO
Templemore and Nenagh
Waterford, Wexford, Wicklow, and Dublin 2,000,000
Wexford, Carlow, and Dublin

600,00(

300,001

£8,817,900

AMERICAN LINES.
The Massachusetts lines are said to be reaping rich
harvests. The Maine, Fitchburgh, Worcester, and
Western have done the largest freight business, and the
two latter have been doing a most successful general
traffic throughout the season. The financial year of the
Worcester and Western has closed, when their accounts
will be made up; the former for six months, and thi
latter for five. The Charlestown Branch Road, some-
times called the Ice Road, which has lately been united
to tho Fitehburgli road, has freighted this year,
eleven months, over seventy thousand tons of ice and
twelve millions of bricks. The expenses have been con-
siderably reduced since the union, which places both
lines under one head and management, and it is esti-
mated that this little road, about five miles in length,
between Charlestown and Fresh Pond, will yield ten per
cent. net revenue, being equal to the main line. The
Fitchburgh Company made a good thing by the an-
nexation, and the Charlestown branch corporators, by
the sale of their roads and lands, have realised over
Dar for their stock, which at one time sold at consider-
able discount.

BOSTON AND PROVIDENCE.—The capital of the Boston
and Providence Railroad Corporation has been in-
creased by the creation of 3,600 new shares. An as-
sessment of 25 per cent. on the par value of the shares
will be payable on the 13th of January next; one of 25
per cent. on the Ist of April next; and one of 50 per
cent. on the Ist of July next. All new shares not
taken by the stockholders by the 25th of December
will be sold at auction at such time as the directors
shall determine, and any premium obtained at such sale
will be divided among the shareholders entitled to such
ares, in their proportion.
WILMINGTON AND RALRIGII.—The eleveth annual
meeting of the stockholders of the Wilmington and
Raleigh has been held. Governor Dudley, president of
the company, submitted, on behalf of the directory, a
report of operations for the year ending October 1.
Liabilities of the company on the Ist October, 1845,
$668,817 52. Which sum is made up as follows :
Bonds sold in England, bearing 5 per cent
interest 5222,666 67
To the Literary Fund of the State of
North Carolina, at 6 per cent. interest
Company's Bonds endorsed by State of
North Carolina, bearing 6 per cent. in 250,000 00
Bills payable, bearing 7 per cent. interest
Do. bearing 6 per cent. interest
Scrip Bonds due to contractors 1,793 43
Bonds for hire of negro labourers, due
Jan. 1, 1846, and previous
Bonds for hire of negro labourers, due
Jan. 1, 1847 18,270 00
Due sundry persons for materials,labour,Bcc 30,875 08

85,000 00

3,9189 48

Total 8668,817 52
Amount of receipts for the year ending Oct. 1 :
Passengers 8103,469 60
Freight
Mail Transportation

8 185,286 65
txpenses of road for the year 191,854 49
Amount of receipts from steamboats for the year end-
Oetober 1 :
Passengers and freight
Mail transportation

Expenses of boats
for the
----- $132,535 84
road year
Net profits of
and boats
In regard to
the ox„,,s 28,140 04
committee sa
wrili. es of the road the examining
yit , .4
amount
seen that the expenditures
Of the railroad are to an ocuntfeatly exceeding that
of any previous year. ,
ittee think proper to
explain that there has been °expended during the year
for four new locomotives, two now coachestoach.ho, a large num-
bertthe snna of
of new trucks, and a new
report
$42,901 07, which does not properly belong to
gortth:f
cur-
rent expenses of the road. It appears by
the superintendent of the road and road rep
there has been expended for road repairs (ineludiec, the
t
sum of .921,747 74 for new iron) the sum of $79,790
46."
PENNSYLVANIAN LINE. —A fierce controverar is being
carried on in Pennsylvania as to the exp iency, or
otherwise, of carrying out this line, by voluntary private
subscriptiouLor compulsory public loos Upon thiji