The Sun.
London, England, 1851-09-12 00:00:00

.5.43
e ;11' r SEPTEMBER 10 1851.
LONDON FRIDAY
-
ti. itec •

SALES BY AUCTION.

The FOX COVER. ESTATE, in the parish of Goring, in the county
of Oxford, upon the picturesque bank of the Thames, which h,re
divides it tram Berkshire, only two miles frem the Pangbourn Sta-

lion on the Great Western I?ailway.
1l 3ESSRS. DANIEL SMITH and SON will
AL OFFER for SALE by AUCTION, at the Mart, near the
Bank of England, on FRIDAY, September 19, at Twelve (unless an
acceptable oder shall be previously made by private treaty),
About 155 Acres of valuable FREEHOLD, ARABLE, PASTURE,
and beautiful WOOD LAND, abounding with game, and command-
ing several inviting spots for the erection of a Sporting-box, being
surrounded by excellent roads, and within easy reach of hounds and
the river. _ . .

Particulars and plans will be published in due time, and in the in-
terim, particulars may be had at their offices in Waterloo place, Pall-
mill ; and of Messrs. Maltby and Robinson, Solicitors, 7, New Bank-
buildings.

BURGIIFIELD, mar READING.
MESSRS. DANIEL SMITLI and SON will
SELL by AUCTION, at the Mart, near the Bank cf Eng-
land, on FRIDAY, September 19, at Twelve (unless an acceptable offer
shall be previously Me by Private *lreaty),
A valuable FREEHOLD FARM, known as KIRTONS, In the pa-
rish of Burghtield, a picturesque and favourite part of the county,
about three miles from Leading; comprising above 15) acres of
Meadow, Pasture, and Arable Land, surrounding a roomy and com-
fortable Farmhous,, situate at a short pleasant distance from the
road, with good Garden, Orchard, and vaddoek, which might be
easily formed iuto orn.tmental grounds, being studded with handsome
oaks and elms. The buildings arc of a superior description, nearly
all slated, and in good repair. She Estate is in the occupation of a
vet y respt ctable yearly tenant, Mr. 11. Iliscock.
Particulars may be bad at the principal inns at t eading; at Messrs.
Barrett and Eystons, Solicitors, 1, Gray's Inn-square; at the Auction
Mart ; and of Messrs. Daniel Smith and Son, Land Agents, Waterloo-
place, Pall-mall.

Valuable FARMS, and detached Portions of LAND, near the in-

creasing town of Leighton Buzzard, let to very responsible and
respectable Tenants.
MESSRS. DANIEL SMITH and SON will
SELL by AUCTION, at the Mart, on TUESDAY, October 14.
at Twelve, in Lots, offering most eligible investments and desirable
occupations, the following FREEHOLD and COPY HOLD ES-
TATES :—viz.,
BILLINGTON MANOR FARM, In the occupation of Mr. William
Olney; comprising about 170 acres of superior meadow and
arable land ; CLIPSTONE FAR V, in the hamlet of Egginton, in
the occupation of Mr. William I ickering, containing about 85
acres ; and MILE TREE WAY FARM, upon the road to Brickhill
and Dunstable, comprising about 109 acres, in the occupation of
Mr. George Turney; also, about 40 acres of land at Shenley-hill.
These valuable farms all lie within about one and two miles south-
ward and eastward of the town of Leighton, upon capital roads.
There are respectable houses and convenient homesteads upon the
Billington and Cllpstone Farms, and farm buildings upon the Mae
Tree Way Farm; and on all are inviting spots for building, having
good aspects and a great extent of rich and varied scenery, embracing
the Dunstable downs and Aston hills. Also a valuable close of
Meadow Land, within three-quarters of a mile of the town of Hock-
liffe, near the Grange, the beautiful seat of Colonel Gilpin, and offer-
ing a fine site for a hunting scat, being near Baron Itothschild's
hounds.
Particulars and Plans may be had at the Inns at Dunstable and
Hockliffe ; of Messrs. Flint and Son, auctieneers, &c., Leighton ;
of Messrs. Young, Vallings, and Young, solicitors, St. Mildred's-court,
Poultry, ; at the Auction Mart ; and of Messrs. Daniel Smith and
Son, land agents, Waterloo-place, Pall-mall, London.

The BRADFIELD lIALL ESTATE, in HERTS. comprising an
ancient, substantially-built "Mansion, out of repair, surrounded by
very thriving Woodlands, Manors, and a compact Domain of about
534 acres, all Freehold and Tithe-free, well stocked with Game,
and in a good Country for Hounds.
MESSRS. DANIEL SMITH and SON will
SELL by AUCTION, in OCTOBER, at the Mart, near the
Bank of England (unless an acceptable offer shall be previously made
by Private Treaty), by direction of Trustees for sale,
The above very valuable FREEHOLD ESTATE, offering a su-
perior and hnproveable investment, situated in a rural and
very healthy part of Hertfordshire, about three miles from
Buntingford, and six from Baldock. It comprises the mansion
of Bradfield Hall, standing pleasantly with a southward aspect,
and opening to a handsome avenue of chesnuts, upon the table
flat of a fine elevated part of the domain, backed by fine oak woods,
and skirted by fertile grass paddocks ; together with Three superior
Farms, known as the Lordship Farm, Coles-green (near the church),
and Foxholes, with capital farmhouses and buildings, containing
834 acres, of which about nine acres in Yardley may be bought
separately. Also, the Manors of Bradfield and Cotterel. It is a
particularly good manor for game, from its congenial soil and well-
disposed wood covers.
The estate may be viewed by application to the tenants ; and full
particulars, with plans, may be shortly ]tad at the inns at Bunting-
ford, Ware, &c. ; at the Auction Mart ; of Messrs. Jessopp, `on,
and Burnehy, solicitors, Derby ; of Messrs. Smedley and Rogers,
solicitors, Jermyn-street, St. James's ; and of Messrs. Daniel Smith
and Son, land agents, in Waterloo-place, Pall-mall who are fully
authorised to treat by private contract.

THE ERA, of SATURDAY next, will contain
The ST. LEGER PROPHECY,

By " TOUCHSTONE,"
with the PERFORMANCES of the FAVOURITES,
a LIST of the PROBABLE STARTERS,

the various moves in the market, and all the latest intelligence con-
cerning the great event.
JOE MEGGINS'S DOG

will give his Canine Prophecy, with many CURIOUS DE-TAILS.
By paying the sum of Thirteen Shillings, Six Months' Subscription
to the Era, Sporting and Family Newspaper, you will receive that
Journal regularly for Twenty-six Weeks, and be presented GRATIS,
with a numbered receipt, which may enable you to obtain a consi-
derable amount, as the Proprietors return the Subscription at ihe
rate of 501. for every 1,000 Subscribers registered. To be distributed
under the management of a Committee of Newsagents and Sub-
scribers.

All Subscribers to the Era who wish to participate in the ER I.
ST. LEGER GIFTS, must forward, on or before the 15th instant,
a Post-office Order for 135., to Mr. Frederick Ledger, Era Office, 3,
Catherine-street, Strand.

APPETITE AND DIGESTION IMPROVED.
LEA and PERRINS' WORCESTERSHIRE
SAUCE imparts the most exquisite relish to Steaks, Chops
lad all Roast Meat Gravies, Fish, Game, Soup, Curries, and Salad
and by its tonic and invigorating properties enables the stomach to
perfectly digest the food.
The daily use of this aromatic and delicious Sauce is the best safe-
guard to health.
Sold by the proprietors, Lea and Perrins, 6, Were-street, Oxford-
greet, London, and 65, Broad-street, Worcester; also by Messrs.
litarelay and Sons, Messrs. Crosse and Blackwell, and other Oilmen
and Merchants, London; and enerally 1)3, the principal dealers in
sauce.
N.B. To guard against imitations, see that the names of " LEA
sod PERRINS" are upon the label and patent cap of the bottle.

INJUNCTION to CHEMISTS aryl PATENT
MEDICINE VENDORS, and OTHERS.

MORISON'S UNIVERSAL MEDICINE.
The public are informed that an Injunction to restrain Mr. Crofton
William Moat, his agents, servants, and workmen, from selling, or
causing, or procuring to be sold, under the title or designation of
MORISON'S UNIVERSAL MEDICINE, or of MORISON'S VE-
GETABLE UNIVERSAL MEDICINE, any Medicine made or ma-
nufactured by him the said Crofton William Moat, or by or under
his order or direction; and also to restrain the said Crofton William
Moat, his agents, servants, and •workmen, from making or com-
pounding any Medicines according to the secret recipe or prescrip-
tion, anal from in any manner using the said secret recipe or pre-
scription of or for compounding the said Medicines, or any part,
thereof, has been granted by Vice-Chancellor Turner, at the suit of
Alexander Morison and John Morison. And ally person infringing
the said Injunction will be proceeded against without further notice.
British College of Health, Hamilton-place,
New-road, London, August 20,1851.

FRAMPTON'S PILL of HEALTH.
The following testimonial is another proof of the great efficacy
of this medicine :
" Winchmore llill, Middlesex, April 16, 1851.

" Sir,--Tn consideration of the great benefit I have derived from
taking Frampton's Pill of Health, I feel it a duty that I owe to you
and the public to send you the following statement. For upwards of
nine years I have experienced the efficacy of this excellent medicine.
I had long previously been afflicted with headache and indigestion,
but a friend having induced me to snake a trial of Frampton's Pills,
I now inform you that a few doses gave Inc great relief; and during
this long period of time I have taken them in preference to any other
medicine ; and I have the happiness of saying that I never had a
better state of health, which I attribute to Frampton's Pills. 1 beg
farther to add, that this medicine is in general use by my family, and
we know of nothing to equal it.
" I am, Sir, espectfully,
THOMAS PROVINCE.

" To Mr. T. Prout, 229, Strand, London.
This excellent Family Pill is a medicine of long-tried efficacy for
correcting all disorders of the stomach and bowels, and are a
pleasant, safe, easy apperient, they unite the recommendation of a
mild operation with the most successful effect, and require no re-
straint of diet or confinement during their use.
Ask for FRAMPTON'S PILL OF HEALTH, and observe the
Itame and address of " Thomas Prout, 229 Strand, London," on the
Illovernment Starlit,
Price Is. l d. ant: 2s. 9d. per box.

MEDICAL ADVICE ON THE SECRET INFIRMITIES OF
VoCIPH AND MATURITY.
With Plain Directions for their Prevention and Cure.
FIFTY COLOURED ENGRAV 1 NOS ON iTEEL.
J ,ri pubtished, in French, English, German, Dutch, Spanish, and
Italian, in a Scaled Envelope, 2e. 6d., or post-free, from the
Author, for forty-two :?tamps,
CQ:EL F-P RESERVATION; a
ky Medical Treatise on the Physiology of Marriage, and on
:he Secret Infirmities and Disorders of Youth and Maturity,
ysaally acqalred at au early period of life, which destroy
the physical and mental powers, diminish and enfeeble the natural
feelings, and exhaust the vital energies of Manhood ; with Practical
Oaeervations on the certain Prevention and successful Treatment of
Nervous Debility, Local and Constitutional Weakness, Syphilis,
Stricture, anti all Diseases and Derangements resulting from Inells-
c:etion, as adopted by Lallemand, Ricord, and other eminent mem-
bers of the faculty in France. With Fifty coloured Engravings,
illustrating the Aalatoray, Physiology, and Diseases of the Re-
productive Organs, explaining their structures, uses, and functions,
and the various injuries that are produced in them by solitary
habits, excesses, and infection.
BY SAMUEL LA'MERT, M.D.,
37, BEDFORD-SQUARE, LONDON,
Metier of Medicine. Matriculated Member of the University of Edin-
burgh, Honorary Member of the London Hespita.l Medical Society,
Licentiate of Apothecaries' Hall, London, Member of the Hunterian
Medical Society of Edinburgh, &c., fac.
This work contains oft plain and complete description of the ana-
tomy and physiology
he reproductive organs, and et their relative
conditions in health and disease. Dr. La'Mert, who has taken the
highest medical honours, as evidenced by the diplomas and testhno-
nials inserted in the,work, is the only legally qualified medical man
who has exclusively and for many years, devoted his studies to
the treatment of these complaints. lie may be consulted with ad-
vantage by all those whose constitutions may have become debili-
tated through secret practices acquired ha youth, or by the excesses
of later years, whereby the pleasures of life are marred, the objects
of marriage frustrated, and existence itself rendered a term of un-
iJe Gilbert,r4n9o,
tartecert:
ceasing misery and regret.
stw
rPublishedro .
ia
by the Author,
ay,63,
an d may
ne Oxford-streetbe h;
Haymarket'; Gordon, 146, Leadenhall-street;
Mann, 23, Cornhill,
Or free by post for forty-two stamps, from the author's residence, who
may he eonanltal on these Ilaorders pereonally. or by letter,
aSdta o
Static
from Ten till Two, and from Six till Eight-

[ADVERTISEMENT].--THE GREAT EXHIBITION.--
A valuable newly invented very small powerful waistcoat-
pocket glass, the size of a walnut, by which a person can be
seen and known 1i mile distant, they answer every pur-
pose on the race-course, at the opera-houses, country scenery,
and ships, are clearly seen at 12 to 14 miles, they are in-
valuable for Hunting. Shooting, Deer Stalking, Yachting, to
Sportsmen, Gentlemen, Game Keepers, and Tourists—To be
had at Messrs. 8; and*B. Solamons, Opticians, 39, Albermarle-
street, Piccadilly, opposite the- York Hotel. Telescopes - A
new and most important invention in telescopes possessing
such extraordinary powers, that some, 3i inches, with an
extra eye piece, will show distinctly Jupiter's moons, Saturn's
Ring. and the double stars, with the same Telescepe, weighing
only three ounces, can be seen a-person's countenance, 3i miles
distant, and an object from 16 to 20 miles, they supersede
every other kind for the Waistcoat pocket, and are of larger,
and all sizes with increasing powers accordingly. Opera and
Race-course glasses, with wonderful powers; an object can be
clearly seen from 14 to 16 miles distant. Invaluable preserv-
ing Spectacle Lenses. The Invisible Organic. Vibrator, and
all kinds of Acoustic instruments for relief of extreme deafness.
—39, Albemarle-street, Piccadilly, opposite the York Hotel.
REGISTRATION COURTS.—The following days have
been fixed by J. F. Macqueen, Esq., to revise the lists of
voters : —Tower Hamlets—Borough Court House, Wellclose-
square, 16th inst., ten in the .morning. Borough of Fins-
bury—Vice-Chancellor's Court, Lincoln's Inn, 18th inst.,
same hour. Borough of Westminster—Vice•Chancellors'-
Court, we6trainltex Ball, same hour, 19th inst.

RAILWAY INTELLIGENCE.
CHESTER AND HOLYHEAD.
The halt-yearly meeting of this company was held
yesterday at the Ewiton station of the London end
North-Western Company ; Mr. S. M. Peto, M P.,
the chairman of the company, presided.
Mr. BROOKS, the secretary, read the report, cf
which the following is an abstract:—
" Although the returns of th Chester and Holyhead
Railway during the half-year under review hove fallen
far short of those which its natural traffic., whe❑ fully
brought into operation, is calculated to yield, the direc-
tors are still of opinion that, e 4 time has not been :al-
lowed for the completion of the works nnil arrange-
monte which are essential to the development of the red
capabilities of the line, the following comparative state-
ment showing the earnings of the railway and steam-
boats daring the first six months of 1850 and 1851 re-
epectively, together with the amount of working ex-
penses by which those results were severally atteined,
may be regarded as satisfactory:—Half-year ending
50th June, 1850, the receipts on the railway amounted
to 57.4811., the expenditure to 35,6371., and the profit to
11,8441.; the receipts on the steam-boats amounted to
4,0891., the expenditure to 9,905/, and the loss to 5,816/.,
which deducted from the profit left a net amount of
16,0271. The receipts for the half. year ending 30th
June, 1851, on the railway amounted to 61,6621., the
expenditure to 33,1841., and the profit to 28,4781; the
receipts on the steam-boats amounted to 4,2081., the ex-
penses to 6,6391., and the loss to 2,4311., which, deducted
from 28,4781., the profit on the railway, there remained
a profit of 26,0461. The increase of receipts on the rail-
way during the half-year amounted to 4,1811., and the
decrease of expenditure to 2,4521., making together an
increase in the profits of 6,6341. Tho receipts on the
steam-boats had increased 118/., while the diminution
in the expenditure amounted t 0.3,266/., showing a de-
crease in the loss on them of 3,384/. The increase in
the profits of the railway for the half-year and the re-
duction in the expenditure on the steam-boats show a
difference in favour of the company of 10,018/. as com-
pared with the corresponding period of 1850.
" The question of remuneration for Irish mail service
performed previously to the opening of the Britannia-
bridge, from which date the contract with the Post-
office, concluded in 1844, came into operation, has at
length been settled, with the exception of two months
at the commencement of the period in question, by a re-
ference from the arbirators to the umpirage of Mr. J.
A. Roebuck, M.P., whose award gives the company—
for single mail, from the 30th of September, 1848, to
the 18th of June, 1849, and double mail from the latter
date to the 25th of March, 1880, 28,1281., which sum,
although considerably above the estimate of the Go-
vernment arbitrator, is below the present contract rate.
" The works on the original contracts are now being
completed, and the directors being desirous of finally
arranging the capital account, have instructed the en-
gineers and accountant to take the necessary steps to
that end. •

" Of the new works adverted to in the last report, the
extension at Holyhead has been most satisfactorily
finished, below the estimated cost; and a goods station
is now in course of formation, which, with the new pas-
senger station, will enable the company to afford better
accommodation to the public with greater advantage to
the railway.
" The arrangement made with respect to the Carnar-
von Railway-, having been entered into with private in-
dividuals, who have since been inaorporated into a com-
pany under Act of Parliament, it is necessary, as a
matter of form, that the contract should now be con-
firmed by both companies, and your sanction is sought
for accordingly.
" The revenue account shows a balance at the 30th of
June last of 31,3581. 19s. From this sum must be de-
ducted 24,7611. 19s. 6d., being the interest paid upon
debentures on the 10th of July last, leaving a net balance
of 6,5961. 19s. 6d. available for dividend on the prefer-
ence shares; and your directors recommend that a divi-
dend of 3s. Id. on those shares be declared accordingly.

" Mr. John Lambert having resigned his seat at the
board, the directors have elected in his stead Dr. Rey-
❑olds, of Coed-du, in the county of Flint, with a view
to the benefit of the ❑ndertaking from the local know-
ledge and influence of that gentleman."
The report of Mr. H. Lee, the resident engineer,
stated that the extension of the railway for the pas-
senger traffic to the pier at Holyhead was now com-
pleted, and that the stage for the accommodation of
the goods and cattle traffic would be ready in Novem-
ber. One of the coal shipping machines at Holyhead
would be fixed in the course of the month for the coal

traffic. The works of the Bangor and Carnarvon
Railway are in a forward state, and the line as far as
Port Dinorwig will be opened by the end of January
l next for the slate traffic, and other portion to Car-
Inarvon about the beginning of April. The works of
the branch railway to Port Penrhyn, for the carriage
of slates from Colonel Pennant's quarries, are now in
a forward state, and will be completed and ready for
traffic by the end of next month. The permanent
way and works of the main line and branch railway
are in a good condition. An abstract of the accounts
appeared in The Sun of Saturday.
The CHAIRMAN, in moving the adoption of the re-
port and accounts, said he would make some observa-
tions on their present position and future prospects,
and at the same time give a detailed account of the
proceedings taken by the directors to develope the
traffic and to diminish the working expenses. They
would perceive, from a statement in the report, the
result of some of their efforts in increasing the re-
ceipts and diminishing the expenditure. The net
profit for the half-year ending the 30th of June, 1850,
amounted to 16,0001., while that for the half-year
ending the 30th of June, 1851, amounted to 26,0001,
thus showing an increase of 10,000/., in favour of the
past half-year. On reference to the traffic for the
half-year ending December, 1850, they would per-
ceive that the net receipts amounted to 39,302/., and
deducting the losses on steam-boats 2,129/., the net
amount was 37,1721. During the first nine weeks of
the current half-year as compared with the corres-
ponding period of 1850, the increase in the recipts
amounted to 6,064/., viz., 2,066/. for passengers, 37/.
for parcels, 2,1501. for goods, and 1,810/. in the boats ;
and looking to the improved facilities recently
adopted for conducting the traffic, there was
every reason to believe that a corresponding in-
crease in their receipts would he maintained.
The traffic receipts for the past week, which had
not yet been published, showed an increase of 800/.
over the corresponding week of last year. It perhaps
would not be much to expect that the increase would
continue, and that at the end of December next they
would find an improvement in their net profits over
the corresponding period of 1850 of 20,0001. This
would give them, on the Ist of January, 1852, a net
sum of 57,0001. The debenture interest would
amount to 25,0001., the preference interest to 28,600/.,
together 53,6001.; and after deducting this sum from
the 57,600/., there would remain between 3,0001. and
4,0001. towards a dividend on the .original shares.—
(Hear, hear.) Every exertion would continue to be
made to develope the resources of the district, and to
bring all the traffic they could upon the line. It
would be satisfactory if in the course of a compara-
tively short period they should be enabled to clear off
the arrears, and pay the current interest on the deben-
tures and preference shares, so as to leave a surplus
for dividend on the ordinary shares. With regard to
the agreement with the City of Dublin Steam-packet
Company he had to state that the agreement had not
been carried into effect. There were legal and other
difficulties which rendered it expedient not to carry out
that agreement. In consequence of these difficulties
they came to an arrangement with the City of Dublin
to book through by their boats, as well as by the coin.•
pany's boats. This through booking commenced on the
Ist of August, and before that date the Chester and Ho-
lyhead had no chance of testing the advantages of their
shorter and better route to Ireland. When they consi-
dered that the journey from London to Dublin was
performed on their line in 13i hours, and that the old
route, s id Liverpool, required 20 hours to accomplish
the distance, they would readily see which line the
public would prefer. The sea voyage was also a
matter of consideration with the public ; the route
via Liverpool involved 10 hours sea voyage, while by
Holyhead it was only 44 hours. There was every
probability, when the facilities offered by the Chester
and Holyhead Company were known, that the traffic
to Ireland, from all parts of England, would eventu-
ally go by that route. He might mention that a
large proportion of the passengers to Ireland travelled
via Liverpool, but the week after the arrangement
for booking passengers through commenced, the
Chester and Holyhead Company conveyed 1,000 ad-
ditional passengers. Arrangements had been made
in North Staffordshire and numerous other places for
booking passengers to Ireland. The trains at present
were detained by the post-office at Chester one hour
and a half, but on the Ist of October this delay would
cease, and they would arrive in London at 11 o'clock
instead of at 1 o'clock, as at present. This would
enable them to place the mail train on the same foot-
ing as the express train. When they con-
sidered the inconvenient position of the sta-
tion at Holyhead, being at a diAance cf
a mile and a half from the vessels, and com-
pared it with the present arrangements by which
the railway was extended to the pier, commodious
waiting rooms, lavatories and every convenience pro-
vided close to the landinssg place, which would be
opened next week, paengers w ould see that the
company had done everything in their power to make
the shortest and best route the most convenient and
comfortable. During the last half. year the pleasure
traffic on various lines had fallen off in consequence
of the Exhibition. The usual excursions to North
Wales had been diminished, and he was informed by
the directors of various lines that, instead of the
people going by the usual excursion trains in various

localities, they saved their money to go to London
for the purpose of seeing the Great Exhibition. It
was right that be should inform them, that in order '
to carry out the system of booking for all places in
the kingdom which their line would be the means of
reaching, they found it necessary to employ a gen-
tleman of great railway experience, energy, and
activity, nod after giving the subject their best con-
sideration, they selected Mr. Roney as the most ca-
pable person for the performance of this important
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October, company.al(nofeldesbesTxnetensive arrangements for the landing:of
cattle would be ready shortly afterwards. These
several arrangements, combined with the active co-
operation of the Dablin Steam-packet Company, and
the system of through rates, could not fail to have the
effect of increasing the traffic over their line very
considerably. The next important matter was the
slate traffic; and if he might be allowed to express an
opinion on that subject, he would say that the slate
traffic would be to the Chester and Holy head Railway
what the coal traffic was to the York, Newcastle, and
Berwick Company. They had arranged through
rates with every railway in the kingdom ; and al-
though the rates were lower than those on the canal,
they would still be remunerative, particularly as they
would have a large business. A train conveying 200
tons of slate over 64 miles of their line, at one half-
penny a to❑ per mile, would pay them at the rate of
Ss. 4d. per mile. He bad gone into the matter with
Captain Huish, the managerof the London and North-
Western Company, and they found that no express
train could pay Bs. 4d. per mile, so that a large traffic
in slates must be remunerative. They would also have
a large traffic in lead ore, and when the mineral
branches in connexion with their line were completed
they would have a considerable traffic in minerals. The
line from Bangor to Mr. Asheton Smith's quarries would
be completed in January next, and the whole line to
Carnarvon on the 25th of March. From these
sources it was calculated they would have a traffic
over the line of 40,000 tons per annum. They would
also have an increased fish traffic from Carnarvon Bay
to the manufacturing districts. He then adverted to
other sources of traffic from coal and other mines by
means of tramways which were now being con-
structed by the owners in the district of the Mold
Railway. Considering the various sources of traffic
he had mentioned, and the arrangements for convey-
ing the traffic which were now being carried into
effect, he thought the time would soon come when
there would be a dividend for the proprietors of ori-
ginal shares. The London and North-Western
Company were acting in perfect harmony with them,
affording them every assistance, and at the same
time leaving them perfectly independent to manage
their own affairs in the best way they could. The
new locomotive arrangements had considerably re-
duced the expenses of the company, and he might
state, with a view to show the advantage of increasing
their present traffic, that although, as be bad stated,
the increase in the traffic of the past week amounted
to 8001. over the corresponding period of last year, the
addition to their fixed expenses in working that traffic
only amounted to 201., so that every addition to their
present traffic would in a great measure go towards
increasing their net revenue. It was not intended
to propose any resolution to the meeting in respect
of the preference shares, but to wait another six
months, as they had no additional works to carry on
or expenses to incur further than was requisite to
provide for the development of the traffic. He had
no doubt when the position of the company was im-
proved that the public would take up the remaining
portion of their stock. The directors would adopt
the best means in their power to promote the pros-
perity of the undertaking, feeling, so long as they had
the confidence of the shareholders, it was their duty
to do everything in their power to promote their in-
terests. He concluded by moving the adoption of the
report.
Admiral Moonsom seconded the motion.

- -
Captain FINLAYSON said he considered the report
was very satisfactory. He thought the company had
better retain the boats under their own control, parti-
cularly for the purposes of the mail train and for
meeting the midday express. From his knowledge of
trade in the south of Ireland he thought it would be
advisable occasionally to provide an excursion train
for the cAttle and the pigs, as he had no doubt that
it would pay well ; considering the present low state
of railway property he thought that considerable re-
ductions might be made in toe expenses.

Mr. BRAZE wished to k❑ow why the report was
not circulat©d with the accounts, so as to give the
proprietors time to consider it before they adopted it ?
The CEIAIRMAN said that the report was o❑ly agreed

to the day before. Ile did not see that any difficulty
could arise from its not being circulated some days
before the meeting; be thought if everything inte-
resting to the proprietors was circulated prior to the
meeting that very few would attend.
Mr. BEALE thought it was necessary that the
shareholders should have full time to consider any
matter submitted to them, and that they could not be
too explicit. He would take that opportunity of
alluding to an article in Herapath's Journal following
the last meeting, which he thought was written by
their chairman (Mr. Peto), as it represented him (Mr.
Beale) as acting for the bears on the Stock Exchange.
—(Cries of " Order, order.") He complained that
the chairman had not at the last meeting treated him
with that courtesy which he was entitled to as a pro-
prietor.
A PROPRIETOR did not see what that had to do
with the question before the meeting.
Mr. T. JACKSON, of Pimlico, said he had called at
the office some days before the meeting for the pur-
pose of inspection the accounts of the past half-year,
and although he was treated with the utmost courtesy
by the offioials, he could get no information with
respect to certain items which appeared to him to
he entirely different in the cash-book and journal.
He was desired by the clerk to call the next day,
and having called at the time appointed, the
person to explain the items was not in attendance,and
he found that the books had been carried into the
City about half an hour before he arrived. He then
received a note from the secretary to see the books
next morning at Mr. Coleman'.4, in the City, but
when he called at Mr. Coleman's he found that the
ledger had been sent back to the office. Eventually
he made extracts from the three book, and on com-
paring them he could state that the books were not a
fair record of the affairs of the company. In his opi-
nion the books we not in the state in which they
ought to be kept.
Mr. COLEMAN, the accountant, said, in reply, that
as to sending the books into the City he could state
that they were not sent by his orders. He would
challenge the Hon. Proprietor to prove what he had
stated in the presence of any professional party. lie
would have great pleasure in meeting Mr. Jackson
and explaining any matter with regard to the ac-
counts which he might require to relieve his mind on
the subject.
The CHAIRMAN said he was not aware that he had
treated Mr. Beale in a discouteous manner at the

last meeting. It was always his wish to show the
courtesy that was due to every proprietor. With
respect to the statement of Mr. Beale, that he (Mr.
Peto) had written an article in a newspaper, he
could only say that he was not at all accountable
for what appeared in newspapers, and as to the paper
in question, he had not, and he believed could not,
influence Herapath's Journal. It was a thing which
he should not think of attempting. With reference
to what Mr. Jackson had stated, he was quite sure
that Mr. Coleman would give the most perfect atten-
tion to anything he might require to know, and the
fullest explanation.
Mr. CRADDOCK wished to know how many of the
second preference shares had been taken up, and if
the directors had taken up the number to which they
were entitled ? He thought if the directors were to
state the number of shares they held in the company
that it would give the public confidence in the un-
dertaking.
Mr. COLMAN stated that the number of the new
preference shares taken up was about 25,000.
The CHAIRMAN said that the directors had taken up
all the new shares allotted to them, and it would be
gratifying to know that the London and North..
Western Company had taken up the whole of the
shares allotted to them and paid 120,0001. in respect
of them.
Mr. AV. JACKSON, 111. P , a director, said be did not
I consider that any advantage would be gained by
stating the holdings of the directors, nor did he con-
sider that the directors were bound to hold a large
amount of stock. They had merely to do their duty
to the best of their ability, and if the proprietors did
not approve of their management they could elect
others.
After some farther observations resolutions were
passed adapting the report and accounts, declaring a
dividend at the rate of 3s. ld. per share on the 151.
preference shares, and electing Mr. J. Lambert an
auditor in the room of Mr. P. llanbury, resigned.
The meeting was then made special, and a resolu-
tion was passed confirming the resulution passed at the
meeting of the 30th August, 1850, approving of as

[PRIGIi SD.

agreement entered into with certain part i( !s respecting
the Bangor and Carnarvon Railway.
The proceedings concluded with a vi .ite of thanks
to the chairman and directors.