The Sun.
London, England, 1848-07-19 00:00:00

... 43,083,759

,iouds ... tons
The total traffic realised in 1845 was :
jouds... .. tons "2,645,259
The excess 01 traffic over the estimates is :
Passengers ...
tivods...

736,448

... £5,536,601
tons 1,3')5,807

The percentage of this excess of traffic is respecti-vely

.60 and 170 per cent.
Now putting aside all considerations of the cost of the
railways, and of the return on the capital, and consider-
ing fur the moment that there is no money return, and
that there is a loss of the whole capital expended,
now great is the national benefit from the construction
‘,l these 702 miles of railway in England? Five and a
nail int:lions of persons, and 1,300 tons of goods carried
annually, for winch before no accommodation was pro-
vided!
In a national consideration of the questions, such
.ire the right figures to be taken, and not the mere
pounds, shillings, and pence. Mr. Brown dwells for-
citify on this as the right application in the case of Ire-
land. Ile contends that great results are to be effected,
industry is to be promoted, employment provided, and
the resources ot the country increased.
11 we apply the above figures to the whole of England,
where 3,830 miles of railway are now open, we shall be
able to draw the conclusion that nearly 40,000,000 of
persons and 7,000,000 tons of goods are) early carried by
railway over a space of some 20 miles, and for which be-
fore there was no such accommodation. It cannot be
denied that the benefit accruing to the business of the
country from these results must be very great, and they
certainly justify Mr. Brown's policy in advocating a
similar system for Ireland. Mr. Brown, however, is not
contented with the bare assertions that more agricultural
labourers and more tons of produce are carried, but he
devotes himself to establish the fact that there is a posi-
uve increase in the supply of food.
111 E MIDLAND (IRE AT WESTERN RAILWAY
OF IRELAND.
This stupendous under, eking is advancing rapidly
towards completion, and will, it is expected, be finished
to Alullingur early in the exsuing month, thus opening
up one ot the richest veins through the interior of the
country, and will (independent of promising a large re-
turn to the present shareholders) be of immense advan-
tage to the farmer and grazier, by offering a quick
transit for their cattle and produce to the Dublin and
Liverpool markets.
The income of the company hitherto has averaged
1,0001. per week, or 50,0001. per annum; and that
amount, it should be remembered, is exclusive of the
charge fur the conveyance of the mails, as yet not taken
into account, but which, when finally arranged, will pro.
bably produce to the company from 14,0001. to 15,000/.
per annum in addition; therefore, it may be fairly
concluded, when the line produces so much at present_
though only partially opened, and to a place of no note
—the income, when open to Mullingar, will be
more
than doubled, visaing, as the railway will, through the
very best part of Ireland, and combining also the double
advantage of two modes of conveyance—viz., the canal
and rail—an advantage, by the bye, Which no other
railway in Ireland can boast of.
The proprietors, therefore, have every right to anti-
cipate a considerable improvement in the value of their
property, which has been hitherto so much depressed,
from various co-operating causes; and to hope from the
above gratifying statement, together with the present
cheering prospect of the coming harvest (lor which all
should be thankful to Providence), that their affairs will
gradually improve.
Much credit is certainly due to the board of directors.
for their unceasing exertions to forward the works,
during a period of monetary depression and commercial
distress unexampled in the history of these countries—
the advantage of which should be gratefully acknow-
ledged by the present proprietors.—
Mercantile Adver-
tiser.

RAILWAY SHARE MARKETS.
LIVERPOOL, JULY 18.
STOCK EXCHANOM—There are but few transactions in
our share market; still prices are well
supported, and for
stock and leading shares there is an inclination to advance.
The sales are—Birkenhead, Lancashire, and Cheshire June-
tion, 31/. Shares, 7,A c. dis.—Ditto (late B. and C.), 22/.
Shares, Bth dis.—Great We.stern,
Quarters, 1%
Lancashire and Yorkshire, Fifths, % dis._
Ditto, 32/. Shares,
dis.—Difto, la Preference, Ils. 3d.
p Ditto, Halves
(late L. and B.), 11 dis.—Ditto (late West Riding Union),
Fifths, 33 c. dis.—London and. North-Western, 12714
Ditto, Fifth Shares, 6 p. Quarters, 2 p.—Man-
chester, Sheffield, and Lincolnshire, Eighths, 43a dis.—
Ditto, 10/. Preference, 101,8—Midland Stock, 1061,
4 Ditto,
New Halves, 5 dis.—North Staffordshire, 2fi
ui South-
Eastern and Dover, 255,;I—Ditto, No. 2, 101,‘1 e. dis.—Ditto,
No. 4, Thirds, 21 dis.— York, Newcastle, and Berwick
(N. and B.Extension), No. 2, 21/4 p.—llitto (G. N. E. Pur-
chase), 15a p.—Paris and Orleans, 29.
MANCHESTER, JULY 18.
STOCK Excitatroz.—The sales are—Birkenhead, Lanca-
shire, and Cheshire Junction, 311. Shares, 714 dis._
East Lancashire, New, 634 reference, Quar-
ters, il p.—Lancashire and Yorkshire, Preference, 9-16 p.—
London and North-Western, Quarters (C),
p,—Ditto,
(Huddersfield and Manchester Railway and Canal), 23_
Manchester, Sheffield, and Lincolnshire, Preference, 101,a c.—
Ditto (Grimsby), 20/. Shares, 81,,i dis.—North Stafford-
shire, 21,4 dis.—Shropshire Union, 27/8 dis.—South-Eastern
and Dover, 253 i; —Ditto, No. 4, 21/2 dis.
BIRMINGHAM. JULY 18.
STOCK EXCILINGE.—T he market yesterday was so dull
that there was not a list published. To-day there was much
more animation, and on receipt of the telegraphic intelligence
announcing the favourable state of the consol market in
London, considerable business was done at the following
quotations : London and North-Western, New Quarters,