The Sun.
London, England, 1851-08-23 00:00:00

S XY N 7 AUGUST 23, 1851.

30th of June showed that 358,9891. had been received,
and 157,0981. expended in working expenses,- way-
leaves, and rates and taxes, ving 201,8911., out of
which' is deducted 112,4021. interest, guaranteed
dividends, and rents, leav lance of 89,4881.,
which, added to the balanc the last account,
11,5091., makes a total dispos sum of 100,9941.

MANCHESTER, SHEFFIELD, AND LIN-
COLNSHIRE.
The directors in their report to be submitted at the
half-yearly meeting on Friday, the 29th inst., state
that the Gri ocks have advanced rapidly during
the last six .7 nd they are confidently assured
by the engin: 11 be ready for the spring trade
of next year. The works at the Sheffield new station
are fast approaching completion, and they have ar-
ranged for the removal of the passenger business
there early in September, which will not only enable
the large and increasing goods traffic to be more effi-
ciently and economically conducted, but will also give
the public the accommodation which has hitherto been
wanting, and which has been so long a source of
complaint. The directors are disappointed that,
owing to the continued disputes and vexatious de-
lays which have arisen with the contractor for the
Woodhead second tunnel, they are not able to an-
nounce its opening for traffic. It now, however,
only awaits the final examination of Mr. Jee, the
,former engineer. The revenue account shows an in-
crease on passenger traffic of 7,7021., and on mer-
chandise 16,1321., over the corresponding period of
,last year, and, although the Exhibition has diverted
towards " the metropolis a considerable portion
of the pleasure traffic waich would otherwise have
come upon the line, the comparison is favourable. The
gross expenditure exceeds that of the corresponding
half-year of 1850 by 3,4651, bat this was accounted
for by the fact that the increase of receipts had been
from the heavier and therefore most expensive kind of
traffic. The directors state that they have determined
to construct only so much of the Barnsley branch as
will ensure a supply of coal traffic to the western sec-
tion of the line, and for that purpose have taken the
necessary steps for the purchase of the land up to the
village of Dodworth, whence an easy access by road is
obtained to the town of Barnsley. The directors have
felt it their duty to oppose a Bill brought into Par-
liament by the Great Northern Company during the
past session, by which they sought to obtain running
powers over this company's line between Grimsby
and New Holland, with the right to use the works
at the latter place, to appropriate to their use a
most important part of the dock property at Grimsby,
upon which they proposed to erect a rival scheme,
and to make a new station at Sheffield for both pas-
sengers and goods. The directors felt that the granting
of these powers would be highly prejudical to their
property, and that they had no alternative but to give
the Bill their most strenuous opposition, in which they
were happy to say they were successful, the Com-
mittee of the Lords having rejected the running powers
and the scheme at Grimsby Dock, and confined the
station at Sheffield to goods and minerals only. The
directors also obtained the insertion of a clause in the
Bill by which they had the power to run their engines
and trains through the Great Northern station at
Lincoln, to join the Market-Raisen branch. After
payment of loan interest, the guaranteed 61. per cent.
dividends on the 61. shares, and of 71 per cent. on the
No. 1 quarter shares, there remained a balance of
10,9401., out of which the directors recommend the
payment of a further instalment of 2s. 6d. per share
on the 10/. preference shares. This would amount to
10,900/., and leave a small balance. The capital ac-
count to the 30th of June shows that 7,331,2321. had
been received, and 7,172,9391. expended, leaving a
balance of 158,2921. The revenue account, for the
half-year ending June 30, shows that 189,0631. had
been received on the railway and canals, and that
104,8931. had been expended, leaving a balance of
84,1701. The receipts on the railway amounted to
157,1141., and the expenses to 88,545/., leaving a
balance of 68,5691. The loss on three of the canals,
during the half-year, is stated to be 4,031/.

DIRECT LONDON AND PORTSMOUTH.
The half-yearly meeting of this company was held
yesterday at the London Tavern, Mr. W. A. Wilkin-
son in the chair.
Mr. YOUNG, the secretary, read the report, which
stated that since the last meeting the directors have
had an interview with the Commissioners of Railways
touching those amendments in the Railways Amend-
ment Act of 1850 which they considered necessary
to render that Act available for the purposes for which
it was intended, without however, the directors regret
to say, any satisfactory result. In the meantime two
decisions have been given adverse to the company on
the construction of Parliamentary agreements, which,
in effect, have decided that the company shall pur-
chase at an extravagant price land,for a line of rail-
way which is not to be made, and shall also pay
enormous compensation for damage . which can never
be occasioned. Against these decisions the directors
have determined to appeal.
.These. proceedings form
an additional difficulty in the dissolution of the company
under the provisions of the general Act. The directors
intend immediately to advertise for sale by tender
of the 3,516 shares which have been forfeited, and
upon which the holders have not made the arrange-
ment contemplated in the last report. In the accept-
ance of these tenders preference will be given to share-
holders, and so soon as the sale shall have been ef-
fected steps will be takeb to recover the balance due
to the company. The accounts to the 30th of June
showed that 143,966/. had been received, and 119,918/.
expended, leaving a balance of 24,0471.
The CIIIIRMAN, in moving the adoption of the re-
port, said he had nothing to add to it. They would
perceive from the account that they had received
3,8681. during the half-year, 3,5001. of which was the
result of a compromise in respect of 6,710 shares,
and they had expended 1,782/., of which 1,5511. was
for land at Epsom. The directors found great diffi-
culty in prooceeding under the Railways Abandon-
ment Act, and the Railway Commissioners had given
them no hope to go on under its provisions. The law
proceedings against the company bad the effect of
causing considerable delay in winding up the affairs
of the company.
Mr. BURCRELL, the solicitor to the company,
explained, in reply to a question, that two
decisions were given against the company :
one was in the Court of Exchequer, before three
judges ;„one of them (tbe Chief Baron) being in
favour of the company, but the other judges were of a
different opinion ; consequently the judgment was
given against the company. They were, however,
strongly advised by eminent counsel to appeal to a
court of error. It was the opinion of an eminent
conveyancer, that the payment of the claim was con-
tingent on the taking of the land, and as the com-
pany had not taken the land and did not require it
they were therefore not bound to pay the claim of
the landowner. The other case was that of Mr.
Webb, who had filed a bill against the company to
compel them to complete the purchase of certain
lands, and the Vice-Chancellor had decided in his
favour. The company were advised to appeal against
those decisions.
In reply to questions it was stated that the assets
would at present realise about 27,000/., that there
were 21,270 shares in the company. The two claims
against the company amounted to 8,0001., and if they
were established the company would have the land,
which they could sell, of course at some loss. They
were compelled to purchess the land, they could
afterwards offer to sell it to the present owner, and if
he refused to purchase it at a price to be decided on
they would then be at liberty to sell the land to ar
other person.
Resolutions were passed adopting the report, and
re-electing the retiring directors, Messrs. B. Baines,
J. Whisken, 0. S. Crowley, and E. Crowley, and also
the retiring auditor, Mr. H. Lacy.
A vote of thanks to the chairman and directors
terminated the proceedings.

LONDON AND BLACKWALL.
The half-yearly report of the directors of this corn,
pany, to be submitted to the shareholders on Friday,
states that the receipts on the revenue account, in-
cluding the balance of 3911. from the previous ac-
count, have amounted 26,015/., and the expenditure,
including rates, taxes, Ike., has been 15,688/., show-
ing an increase in the receipts over the corresponding
period of last year of 4,4091., and a decrease in the
expenditure of 8431. The balance of the revenue ac
count, including the profit realized upon the sale of
scrip shares, amounts to 14,2501., and deducting
2,9461., ;the interest on debentures, there remains
11,3041. applicable to dividend, which the directors
recommend should be 25. per share clear of income
tax. The number of passengers conveyed during the
half-year ending the 30th of June was 2,416,042 ;
receipts, 25,102/. ; and the number conveyed at the
corresponding period of 1850 was 1,313,975 ; receipts
19,1471,, showing an increase is the number of
passengers of 1,102,067, and in the receipts of
5,955/. The gross amount which has been derived
from the Dock Junction traffic is 4,310/., the number
of passengers conveyed being 897,845/. The balance
due to the contractor on accout of the extensin debenebentures
on line
d
has been settled by the payment of 16,500/. i-
tures bearing interest at 4 per cent., and
to the amount of 4,0001., which the owners were un-
willing to renew at a lower rate of interest than 5 per
cent., have been paid off. The company have been

successful in the several appeals instituted by them in
respect of tithes and parochial assessments ; the result
of which will be (as is believed) to effect a saving to
the company of about 8001. per annum. Your direc-
tors have every reason to believe that in the course of
the ensuing summer the company will be deriving a
considerable income from goods traffic between the
City and the London and North-Western Railway.
It is with much regret that the directors report the
vejection by Parliament of the North Gravesend Ex-
tension Bill, which was most unexpectedly thrown
out by the Committee of the 130u53 of Lords. The
investigation into the merits of this project during its
progress through Parliament confirmed the directors
in their opinion that it is of great importance to this
company that such an extension of their line should
be made.
The capital account up to the 30th of June
showed that 1,361,6811. bad been received, and
1,366,621/. expended, leaving a balance against the
company
sotfat4es,9t3h9a/t.
26T,
0151.ehvae
an revenue
eaccountv
ef odr,
and
15,688/. expended, including 1,0981. Government
duty, and 1,7551. rates and taxes, leaving a balance of
10,3271.

WHITE HAVEN JUNCTION.
The half-yearly meeting of this company was held
on Wednesday, at Whitehaven, the Earl of Lonsdale
in the chair. The report stated that the revenue for
the half year ending 30th of June, 1851, amounted to
5,4051., and the expenditure to 3,0301., leaving a
balance.of 2,3751. The payments for the reconstruc-
tion of the sea wall at Lowca Point and Harrington
Ito the 30th of June amounted to 2,1891., of which
' 8361. had been paid out of the revenue, and 1,3531.
had been charged to capital. The entire cost of the
two sea walls will be 5,9971., in addition to which a
further sum of 2001. will be required for drainage and
dressing the slopes of the railway. The present lia-
bilities amount to 6,0291. The directors intend to
raise 7,0001. by the creation of preference shares.
The balance to the profit and loss account is 1,0321., and
the directors recommended a dividend of 4s. per share
(less income-tax), leaving a sum of 321. 115. to the
credit of the next account. The Whitehaven and
Furness Junction Railway Company are actively
prosecuting the works of the tunnel under part of the
town of Whitehaven, and it is expected that the junc-
tion with the Whitehaven line will be completed in
the course of the next summer. The directors look
forward to an increase of traffic when the line of rail-
way is completed between Ulverstone and Lancaster.
It is expected the line will be completed in about 18
months.
The CHAIRMAN, in moving the adoption of the re-
port, said that the sea wall now in progress from the
plans of Mr. Rendell was 14 feet thick, built of the
largest stone, and set with Welsh mortar, and would
be likely to stand against any gale that might beat
upon it. Had it not been for the failure of the former
walls he flattered himself there would have been a
dividend of 6s. or 75., instead of one of 45., which was
all that could be entertained. The company lost
during the last half-year upwards of 3001. by the dis-
continuance of an express mail from Carlisle to
Whitehaven, and also more than 100/. by the altera-
tion of a passenger train from the former place.
Mr. DYKES seconded the motion, which was carried
unanimously.
A resolution respecting the dividend of 4s. per
share was carried, as was also the re-election of three
retiring directors and an auditor.
The meeting was then made special, at which the
directors were authorised to raise 7,000/. by the crea-
tion of 1,000 shares at 71. each, bearing a guaranteed
rate of interest of 41. 10s. per cent. per annum, the
directors to have the option of paying off the same on
the Ist of January, 1862.
The proceedings concluded with a vote of thanks
to the chairman.

LONDON AND NORTID.WESTERN.—The Govern,
ment inspector has made his report on the fire which
occurred in one of the London and North-Western
trains in June last, from which it appears that the
fire originated by spontaneous combustion in a port-
manteau belonging to a passenger. The practice of
carrying lucifer matches among personal luggage has
before led, we understand, to similar casualities, the
friction produced by the vibration of the train being
sufficient to cause ignition. There is a heavy penalty
leviable on the carriage of such dangerous articles,
unless under peculiar precautions, and we understand
that it is the intention of the directors to enforce it,
whenever discovered, as an act of safety to the public.
NORTH DEVON.—During the past week a com-
mittee of the directors of this company have been
visiting the principal towns on the route intended to
be taken by the proposed new line, in order if possi-
ble to obtain the sum of 20,000/., which is still re-
quired before the works can be proceeded with.
Large and influential meetings have been held at
Barnstaple, Bideford, Torrington, Southmolton, and
other places, where the deputation used every energy,
to obtain the required, amount. The sum they suc-
ceeded in getting subscribed, how ever, was only
5,0001. On Thursday they attended at the New
London Inn, Exeter, where several of the most in-
fluential gentlemen of the city and neighbourhood
were assembled. Several gentlemen addressed the
meeting, and the result was that shares were sub-
scribed to the amount of about 1,1001. A vote of
thanks to the chairman terminated the proceedings.
RAILWAY TRAFFIC.—The aggregate traffic on
railways in the United Kingdom, published weekly
from the Ist of January to the 16th of August in-
clusive, amounted to 8,958,652/. ; corresponding
period of 1850, to 7,815,075/.; corresponding period
of 1849, to 6,848,258/. ; and in 1848, to 6,127,187/. ;
showing an increase in 1851 over the corresponding
period of 1850 of 11,43,577 ;',an increase in 1850 over
the corresponding period of 1849 of 966,8171.; and in
1849 over the same period of 1848 of 721,071/. The
traffic receipts for the above period averaged in 1851,
1,4211. per mile ; in 1850, 1,421/. per mile ; in 1849,
1,475/. per mile ; and in 1848 they averaged 1,633/.
per mile. The traffic receipts on railways during the
week ending the 16th of August amounted to 352,7471.,
being at the rate of 551. per mile per week, and ex-
ceeding by 54,310/. the receipts of the
corresponding
period in 1850. The gross receipts of ei
railways
having their termini in the metropolis amounted to
177,4621. for the week ending as above, and for the
corresponding week of last year to i
135,537/.,
showing an increase of 41,925/. The
increase on
the Eastern Counties Railway amounted to 1,640/. ;1
on the Great Western to 8,3351. ; on the Great
(chibeetflwyee inn
Lcnonndsenqnueannede
Peter
borough); lineN or North rnng
no
operation 9borough); on the London and Blackwell to 290/. ;
on the London, Brighton, and South Coast to 2,464/. ;
451.
on the London and North-Western to 11,674/. ; on
the London and Southampton to 4,160/. ; and on the
South-Eastern to 3,417/. The aggregate increase as
above was 41,925/., being 77 per cent. of the total
increase of traffic on railways in the United Kingdom,
and leaving but 23 per cent. increase on the other
railways, the aggregate receipts on which are about
the same as those on the metropolitan lines.
SOUTII-EA.STEILN.—The number of passengers con-
veyed on this railway to and from the London-bridge
terminus was 15,467, via., 7,276 to London, and 8,191
from London.
DOWLAIS.—This branch line is to be opened on
the 21st, to be worked by the Taff Vale Railway
Company.
BRIGIITON.—Three excursion trains by this line
early in the week took no fewer than 3,524 between
Louden and Brighton.
hny

THE LONDON GAZETTE, Au;.'"
DOWNING-STREET, Arra. 20, 1851.
The Queen has been pleased to approve of Mr. Cor
nelius 114Caullay as Consul at Belfast for the United
States of America.
.WAR-OFFICE, AUG. 20.
Ist Regiment of Dragoon Guards—Lieutenant George
Henry Warrington Carew to be Captain, by purchase,
vice Tomlin, who retires; Cornet Joseph Henry Ander-
son to be Lieutenant, by purchase, vice Carew, Mg- 22'
6th Dragoon Guards—Captain James Gubbins Arohe.r"
Burton, from the 16th Light Dragoons,
vice Heywood, who exchanges, Aug. 22. Lieu-
6th Dragoons—Cornet German Wheateroft to be
to b©
Captain,
tenant, by purchase, vice Sir E. Synge Hutchinson, Bart.,
who retires, Aug. 22.
12th Light Dragoons—John Bolt, Gent., to be Cornet,
by purchase, Aug. 22. Thomas Heywood,
16th Light Dragoons—Captain
from the 6th Dragoon Guards to be Captain vice
,
Archer-Burton, who exchanges, Aug. 22.
Coldstream Regiment of Foot Guards—Maior and
Brevet Colonel Henry John William Bentinck to be
Lieutenant-Colonel, by purchase, vice Chaplin, who re-
tires; Captain and Lieutenant-Colonel the Honour-
able Arthur Upton to be Major (with the rank of
Colonel in the Army), by purchase, vice Bentinek;
Lieutenant and Captain the Honourable Thomas
vesey Dawson to be Captain and Lieutenant-Colonel,
by purchase, vice Upton. Aug. 22; Ensign and Lieute_
mint and Adjutant the Hon. Percy Robert Basil Feild-
jog to have the rank of Lieutenant and Captain, Aug.
21; Ensign and Lieutenant William Henry Reeve to be
Lieutenant and Captain, by purchase, -Tice Dawson,
Au. 22.
3d Foot—Lieutenant Frederick Wainwright, from the
66th Foot, to be Lieutenant, vice Bergner, who ex-
changes, Aug. 22.
13th Foot Second Lieutenant Charles William
Doherty, from the Rifle Brigade, to bo Ensign, Tim
Blackett, who exchanges, Aug, 22.