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

[IST 23 18'1
• Cr: ;gal . r-
No. 18,383.] LONDON SATURDAY '"` •=4
' '3•
r
;:", 1 AUG7S a

BRITANNIA LIFE ASSURANCE
coal PAN Y.
1, Princes-street, Bank, London.
Empowered by special Act of Parliament, 4th Viet., cap. 9.
DIRECTOLS.
CHAIRMIN—CoIoneI ROBERT ALEXA.NDER, Blackheath Park,
Kent.
William Bardgett, Esq., 149, Fenchurch-street.
George Bevington, Esq., Neckingar Mills, Bermondsey.
P. P. Conkerill, Esq., Shaclwell, and Twickenham.
George Cohen, Esq., Shacklewell-lane.
Miles Coventry. Esq., White Hart-court, Lombard-stmt.
John Drcwet, Esq., 4, Princes-street, Bank.
Erasmus Robert Foster, Esq., Cold Harhour-lane, Camberwell.
T. S. i:irdler, Esq., 7, Tokenhouse-yard•
11. L. Smale, Esq., Doctors'-commons.
BARKERS.
Messrs. Drewett, Fowler, and Fowler, 4, Princes. street, Bank.
SOLICITORS.
Messrs. 31‘Leod and Stenning, London-street, Fenchurch-street.
ADVANTAGES OF THIS INSTITUTION.
Halt Credit Rates of Premium.
Persons assured according to these rates are allowed credit (with-
out security) for half the amownt of the first seven annual premiums,
paying interest thereon at the rate of five per cent, per annum, with
the option of paying off the arrears of premiums, at any time, or
having the amount deducted from the sum assured should the policy
become a claim.

For Securing Loans and Debts.
A Table adapted especially for the securing of Loans and Debts, by
winch the fullest security is obtained on very low, but gradually in-
creasing premiums.
Policies revived, without the exaction of a fine, at any time within
twelve months, if health remain unimpaired.
A Beard of Directors in attendance daily at Two o'clock.
Age of the Assured in every case admitted in the Policy.
Medical attendants remunerated in all cases for their reports.
Extract from the Half Credit Rates of Premium.
Annual Premium required for ax Assurance of 1001. for the whole

Term of Life

Half Premium for Whole Premium after
Age. Seven Years. Seven Years.
X s. d. X s. d.
30 1 1 9 2 3 6
40 1 9 2 2 18 1
50 2 2 6 4 5 0
60 3 G 8 6 13 4

E. R. FOSTER, Resident Director.
ANDREW FRA.NCIS, Secretary.
butilied -pragintdSes, whorsty reqtdaito inicarnitte
Mae of 3lssuranceir, mityl3e obtained upon application at
the office, 1, Princes-street, Bank, London; or of the several agents
throughout the country.

MECHI'S TABLE CUTLERY has long been
famed for its admirable qualities, combined with cheapness.
Ills manufactory is at 4, Leadenhall-street, four doors from Cornhill.
Balanced-handles, in sets of 50 pieces, 21. 10s., W. 10s., 4.Z. 10s. ;
common kitchen, per dozen, 10s., 125., 16s. 6d., 215., 255. Table
steels, patent sharpeners, cases of dessert knives, Sheffiel d plated
goods, &c. Mechi's penknives are excellent and economical, from
Is. upwards. His peculiar steel razors and magic strop and. paste
have given comfort to many a suffering shaver, and the ladies pro-
nounce his scissors to be unequalled.

ROBIN'S 295th APPEARANCE.
Unprecedented and triumphant success, nightly before delighted
and overnowing audiences, at his elegant Salle, 232, Piccadilly,
opposite the Haymarket.
At Eight o'clock, every Evening, Mons. and Madame ROBIN
will repeat, by unanimous desire, their inimitable ;',OIREES
PARISIENNES and FANTASTIQUES, with an entirarly New
Programme, which contains all the delusions performed by com-
mand before her most Gracious Majesty the Queen on the Throne,
at Windsor Castle on the 25th of April.
Every WEDNESDAY, at Half-past Two O'clock, a MORNING
PERFORMANCE.
Box Office open from Eleven till Five.

WILL POSITIVELY CLOSE NEXT MONTH.
DR. KAHN'S ANATOMICAL. MUSEUM,
315, Oxford-street (Sixteen Doors West of Regent-circus),
will only remain open until the above time, in consequen.ae of his
term of tenancy having expired. Open daily from Ten till Ten, and
explanations given every hour by an Enzlish Medical Gentleman.
Admission—One Shilling. _

Dr. Kahn continues to execute orders for Anatomical and Patho-
logical Wax Models on reasonable terms.

The GREAT EXIIIBITION and the ROYAL POLYTECHNIC

INSTITUTION.
All the most interesting Deposits at the Great Exhibition will, in
turn, be lectured on at the
ROYAL POLYTECHNIC INSTITUTION.
The present Lectures are on the Chemistry of the Minerals
at the Great Exhibition, including the precious Gems, Cr.ystalisa-
tions, Bcc.. by J. H. Pepper, Esq. Popular Lepture by Dr Bachhoffncr
on the rocent Total Eclipse of the Sun, with splendid Diagrams, show-
ng the appearances which actually occurred on the line of !Totality.
—The Rotation of the Earth, exhibited by Foucault's Experiments.
—The great economy of Cooking by Gas explained.—A Lecture on
the History of the Harp, by Frederick Chatterton, Esq., wit2l Vocal
Illustrations.—Two Series of splendid Dissolving Views.-13.1.vcr and
Living Bell, &c.
Admission, Is. ; Schools, Half-price.
Open daily from Half-past Ten to Five, and every Even big Prom
Seven till Half-past Ten.

LAURENT'S GRAND CASINO,
Licensed by Act of Parliament.
ARGYLL ROOMS, GREAT WINDMILL-
STREET, ST. JAMES'S.
(Sole Lessee, Charles Emile Laurent, jun., 57, BromptOn-I quare.)
OPEN EVERY E VEXING,
With LAURENT'S UNRIVALLED BAND.
Principal Cornet-a-Pistons, M. Boulcourt.
Doors open at Half-past Eight o'clock—Dancing to com tram at
sine and terminate at Half-past Eleven o'clock precisely.
Admission, One Shilling.

THE GRE kTEST WONDER IN LONDON IS
ATTY'S GRAND NATIONAL
HIPPODROME, Kensington.
OPEN DAILY.

A Grand Change of Performance every Evening daring tire Week.
Doors open at Five. Performance to commence precisely at Six.
Private Boxes - - - - .£ I Is. Od.
Admission to the Reserved Seats - - 3s. Od.
First-class do.
Second do.
Third do.

C RE MORN E.—Admission, Ono Siailling;
Children, half-price.
Last Week of Deulin's Ballet, The Star of Beauty..
Re-engagement of Franconi's Equestrian Troupe-
The Four o'clock Performance is free from any charge.
TIIIS DAT—Resplendent Spanish Galas.
At Four o'clock in the Afternoon, and half-past Eight :Evening,
Franconi's celebrated Equestrian Troupe, from Le Cirque .National
de France, no charge made for the Four o'clock per formance.
M. liosislo, the celebrated composer of dancing music, con-
ducts the great Cremorne Band, and will execut,b all the
music which he composed and conducted at her Majesty's
Ball at Buckingham Palace. Exhaustless entertainments daily, in-
cluding the Bosjesmans or Bush People, Deulin's Ballet th e Star of
Beauty, the Ethiopian Serenaders, the double-sightedi Youth,
cantello's Egg-hatching, the Bowling Saloon, &c. Doors open at
half-past Two, admission Is., Children half-price. The Ito tel affords
every accommodation for private and public dinner and supper par-
ties. Steam-boats and omnibuses nightly after the enterts,snments,
the transit being superintended by Directors. Fare, 4d. by Boat,
and 6d. by Omnibus.
On Sunday the Gardens are open in the afternoon for refreshment,
admission by refreshment card 6d. Table d'llete at Four and Six
o'clock, 2s. 6d.

INJUNCTION to CHEMISTS and PALEENT
MEDICINE VENDORS.
MORISON'S UNIVERSAL MEDICINE.
The public are informed that an Injunction to restrain MT. Crofton
William Moat, his agents, servants, and workmen, from selling, or
causing, or procuring to be sold, under the title or desig nation of
MORD,ON'S UNIVERSAL MEDICINE, or of MORISO.N'S VE-
GETABLE UNIVERSAL MEDICINE, any Medicine ma de 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, aria from in any manner using the said secret recipe or pre-
scription of or for compounding the said Medicine's, or any part
thereof, has been granted by Vice-Chancellor Turner, at the suit of
Alexander Morison and John Morison. And any person infringing
the said Injunction will be proceeded against without furthcv. notice.
British Collee of Health, Hamilton-place,
New-road,g London, August 20,1851.

MEDICAL ADVICE ON THE sEcnET INFIRivnTI ES OF
YOTrill AND MATURITY.
With Plain Directions for their Prevention and Cv re.
FIFTY COLOURED ENGRAVINGS ON SITE'
lust published, in French, English, German, Datch, Spa wish, and
Italian, In a Sealed Envelope, 2s. fid., or post-free, from the
Author, for forty-two AtanaPS,
10 of Mareag, I, and on
Medical Treatise on the PhysiologY
QEL F-Pit E SERV TIO N a
the Secret Infirmities and Disorders of Youth
which and Maturdestroyity,
scnally acquired at an early period of life,
the physical and mental powers, diminish and enfeeble the natural
feelings, and exhaust the vital energies of Manhood ; with Practical
9bservations °nth° certain Prevention and successful Tree ment of
Nervous Debility, Local and Constitutional Weakness, tSyphilis,
Stricture, and all Diseases and Derangements resulting f'r om Inds-
oration, as adopted by Lallemand, Ricord, and other eminent mem-
bers of the faculty in France. With Fifty coloured Engravings,
illustrating the Anatomy, Physiology, and Diseases of the Re-
productive Organs, explaining their etraetures, uses, and kinotfolts,
and the various injuries that are produced in them by, solitary
habits, excesses, and infection.
BY SAMUEL LAII7.I.iRT, M.D.,
37. BEDFORD-SQUARE, LONDON.
Doctor of Medicine. Matriculated Member of the UniversityP of /Win-
burgh, Honorary Member of the London Hospital Medical Society,
Licentiate of Apothecaries' Hall, London, Member of the :Elunterian
Medical Society of Edinburgh, &c., Le.
This work contains a plain and complete description of the ana-
tomy and physiology of the reproductive organs, and of their relative
conditions in health and disease. Dr. La'Mert, who has t tken the
highest medical honours, as evidenced by the diplomas and testimo-
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. He may be consulted with ad-
vantage by all those whose constitutions may have become debili-
tated through secret prictices acquired ix 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-
ceasing misery and regret.
63, Oxford-street ; Starie, Titchhotne-street,
Published by the Author, and may be had of J. Gilbert, 49, Pater-
-146, Leadenhall-street ; Mann, 23, Cornhill,
forty-two stamps, from the author's residen
Personalty. or by letter. daily,
neater-row
co, who
fret% bt:nootinsitutlll
aonan thfresome
sidlexourdliesrigs

DR. CULVEB.WELL'S NEW WORKS.
To be had of Sherwood, 93, Paternoster-row ; Carvalho•
147, Fleet-street;' Mann, 39. Cornhill; or direct from the author,
price One Shilling each; by post, Is. 6d.
ENJOYMENT OF LIFE.
"Health, Recreation, and rational Use of Tirat,.."
COPaLrfaS:—Early Rising—Apriug and Summer Mornings—Ex-
sarsions about the Environs of London—The Parks, Lanes, gnu
Forests, Fields, High-roads, and other pleasant places—Country
Trips and Rambles—The Sea—London at Night—Evening oat Home
—Music—The Drama—On Eating,, Drinking. Bleeping, E &thing, Air,
%est, Easo, Occupation, &c., to.
TRAGMENTS FROM THE 'MOUNTAINS. Tao Vok.
Voll.
A VISIT TO THE LAIRS; SKETCH 07 EDINBURGH, C.
Vol. 11.
LLARNEY ; REMINISCENCES 07
DUBLIN, Leo.
WHAT TO EAT, DRINK, AND AVOID.
"That three seore years and ton our cows° may run."
A popular review of almost every form (cause and cure) of ner-
vously-debilitated health and enfeebled constitution, that harasses
the young, besets the man of pleasure, business, er study, and em-
bitters old age, with tables and rules for the diet and physical regu-
stion of every-day life.

THE LAKES OF

THE PASSIONS.
What passions hurt the body—what improve,
Truths as refilled as Athens ever heard."
guSIZOT : -Life's pilgrimage, from infancy to old age. The advent
of the passions. Chastity and its infringements. The casualties of
licantletusness and dissipation, with illustrations, graphic, narrative,
end resediative. Advocacy of early marriages..
V.
THE MARRIAGE STATPi.
" To be or not to be, that is the question."
floossmsa:—Laws and obligations of nature, society, and re-
liAton regarding marriage, to be observed by either sea. Time and
choice, on both aides, as to age, temperament, complexion, and
figure, to secure healthy offspring, with the art of rearing them.
Physical defectiveness and its removal. Sterility and its conversion.
Cases, &A.
By R. J. CIILVERWELL, M.D. (MI), M.R.C.S. (1827),L.5.A.
1124). Trrenty-hve years Medical and Forensio Referee in these
go TAM. Boseption hours daily VIA tits, Svjaingss Mon til_Dine;
10 AntilrilMes RlPsitectiooU

THE NEW NOVEL.
Now ready at all the Libraries, in 3 vols.,
THE TUTOR'S WARD.
By the Author of " Wayfaring Sketches," &c.
" The Tutor's Ward is a masterpiece of fiction. The plot of the
story is charged to the full with extraordinary incidents and adven-
tures. The characters arc delineated with graph's power, the scenes
finished with dramatic effect, and the tale conducted to its close with
sustained interest. Rarely has the power of love over the female
heart been more beautifully portrayed than in this splendid tale."—
John Bull.
Colburn and Co., Publishers, 13, Great Marlborough-street.

ALL S 0 PP'S EAST INDIA PALE and
other BURTON ALES.
The public is respectfaily informed that these favourite AlesTmay
be had Genuine, in Casks of 18 Gallons and tuwards, at their respec-
tive Stores as under, where alio a List of the Bottlers may be ob-
tained:— _

The Brewery, Burton-on-Trent.
Stores, 61, King William-street, City, London.
Cook-street, Liverpool.
High street, Birmingham.
The Exchange, Manchester.
33, Yirgiula-s:rcet, Ciltvgow.

RAILWAY INTELLIGENCE.
NORTH BRITISH. _

The half-yearly general meeting of the share-
holders of this company was held on Thursday in the
saloon of Gibb.' Royal Hotel, Edinburgh. Mr. J.
Learmontb, of Dean, the chairman of the company,
presided.
The report was read by Mr. Nairn, the assistant
secretary. It stated that the free revenue for the last
half-year amounted to 19,8561. 2s. 33., of which there
was required for the dividend on the guaranteed stock
17,7151. 18s., leaving a balance of 2,1401. 4s. 31,
which the directors recommended should be carried
to the credit of the next half-year's account.
The CHAIRMAN said he had very few remarks to
make on the report, which contained a plain state-
ment of facts without any embellishment whatever.
The capital account, which was most important, was,
as steed iti 'the 'report; nearly vloSfsct--,'•-thitr Was' to
say; it was as nearly closed as any capital account
could be. The directors felt grateful to the share-
holders for having enabled them to go Parliament to
procure a Bill in the last session to create such a
number of new .hares as would, when realised, re-

lieve the directors from ther obligations to the banks.
It would be no further obligation if the shareholders
would at that meeting sanction the creation of these new
shares, and take them up as was to be proposed. If this
were done it would emancipate the directors from all
their personal liabilities, and put the line completely in
the hands of the shareholders, who might manage it with
such directors as they thought fit. He was of opinion
that, instead of exercising, as authorised by Parlia-
ment, their borrowing powers to the extent of
110,0001., it would be better to make every new share
of 21. 103. for each share of 251. held in the original
stock of the company 31. ss. This would enable
them to ',dispense altogether with the necessity of
borrowing money from the banks, and thus allow
them to retain in their own pockets the interest that
would have to be paid on that money. The resolu-
tion that was to he submitted was to create the pro-
posed new capital by new shares of 21. 103. each.
These shares were to be preferential, with a maximum
interest of 5 per cent.; and he did not think that, at
the present time, it was at all likely to be at a lower
rate of interest than 5 per cent., and that was the
amount at which the directors proposed to fix thorn.
With regard to the revenue for the last six months, he
must say that, knowing all the circumstances, he did
not feel disappointed at the result. If they looked to
the state of railway matters in Scotland he thought
that the result, although not flattering, was as great
as they could have expected. It showed an increase
on the corresponding half-year, even taking into ac-
count the circumstance that they had a few addi-
tional miles of railway opened. This traffic, he con-
sidered, to have been affected very much by the Ex-
hibition in London, which had been the means of in-
ducing many people boarding up their money to go
there, instead of travelling backwards and forwards
throughout the country. The mineral traffic had also
been damaged from some of the largest coal mines in
the district having been shut up. Their general traf-
fic had likewise been injured by the competition of
the steamers; but he was convinced that, as the
smacks and sailing vessels had to give way to the
steamers, so these, in their tarn, would have to give
way to the railways. Last week their traffic amounted
to 4,5001., being 150/. more than they had ever before
realised, which .was encouraging if it would continue.
The opposition which they encountered in respect to
the through traffic was great, but he had no doubt
that very soon they would be able to boast a larger
share of that traffic than they had yet enjoyed. To
work the line properly they must have a full stock of
engines ; and, looking to the traffic, be held that it was
necessary for them to have one engine for every two
miles of railway ; and when they considered that they
had a good many branches, and not one continuous
line, this would be still more] apparent. He held,
therefore, that this was a matter which the directors
must take very much into their own hands. Owing to
the want of accommodation at the Edinburgh station
they were unable to commence that system of cheap
traffic which they had tried last summer with so
much success; and he thought they should not
hesitate to agree to the proposal of the directors to
expend the sum of 9,0001. in providing additional
station accommodation at Edinburgh and Dalkeith.
Having spent upwards of 4,000,0001. of money they
must not stickle at laying out a aura like this, which
was absolutely necsssary for the proper working of
the line. He was glad to inform them that they had
entered into a very fair arrangement with the other
lines to London in regard to the thorough traffic; in
consequence of which it was, in reality, a matter of
little importance whether the public travelled by this
line or by the Caledonian. He would like as well if
people would travel by the North British ; but it was
not a matter of pecuniary difference whether they did
so or not. The chairman concluded by moving the
adoption of the report.
Mr. E. HENDERSON seconded the motion.

In answer to questions from Dr. MPARLANE,
The CHAIRMAN stated that the terms of the tempo-
rary arrangement with the lines in the east and west,
in respect to the through traffic, was that they should
divide the profits ; and that the sole reasons why the
cheap trains for short distances were not resumed
this year was the want of sufficient station accommo-
dation at Edinburgh.
Dr. MPARLA:,.ZR then moved the following resolu-
tion as an amendment upon that proposed by the
chairman :

" That, in respect that the directors of the company
pledged themselves to lay their resignation at this time
before the shareholders, which they hfive now declined
to do, the shareholders refuse permission to dispose of
shares, to borrow money, or to begin any new work;
and refuse, also, to approve of the report."
Mr. ANDERSON, accountant, seconded this amend-
ment.

Mr. MONRo then challenged several items in the
accounts, and afterwards went on to say that it was
quite clear that the line, under the present manage-
ment, was not in a prosperous state. It was unpro-
ductive, the working stock was not sufficient, and
everything betokened the want of proper care and
attention. So much was that the case that he went
so far with Dr. MTerlane that he thought it would
be unwise and injudicious in the shareholders to in-
trust the directors with the disposal of any more of
their money, seeing that they had as yet receiv'ad no
return for what they had placed under their manage-
ment.

The CHAIRMAN said he could not and would not
resign, for this very obvious reason, that they were
not yet in a position to relieve him of his responsi-
bility. Let them raise the 328,0001., and he would
at once resign. That was the only way they
would get rid of him. He did not think that he and
the other directors deserved to be twitted in the way
that they had been; because, if they had not in-
terposed this personal liability for very large amounts,
it would have been impossible for the company to
have gone on. He did not intend to spend one shil-
ling of the 328,000/., and for this very good reason,
that it was all spent already.
After a few words from Mr. TURNBULL, in defence
of the directors, a vote was taken, when only two
hands were held up for the amendment of Dr.
M'Farline, so that the motion of the chairman ap-
proving of the report was declared to be carried.
The CHAIRMAN then moved a series of resolutions,
all of which were unanimously approved of, to the
effect—that six per cent. dividend be paid on the
guaranteed stock; that the sum of 330,5001. be raised
in terms of the Act of 1851, by the creation of 132,000
shares of 21. 103. each, to be called No. 2 guaran-
teed stock, to rank next after the present guaran-
teed stock, and to be entitled to a dividend of 5 per
cent. ; that every proprietor, whether of the ordinary
or guaranteed stock, shall be entitled to one of those
new shares in respect of every 251. of stock standing
in his name, provided he pay the first instalment of
15s. before the 18th of September, when his right will
cease and determine, and the shares will then be ap-
propriated by the directors, and disposed of by them
in any way that they shall think best, without any
further notice (the chairman explaining the meaning
of that to be that they. might pledgs them with the
banks, so as to relieve the directors from their obli-
gations) ; thit the directors be authorised to borrow
110,1601., &c.
The meeting then broke up after a vote of thanks
to the chairman.

LEEDS NORTHERN.
The half-yearly meeting of this comptvy was hela

at Leeds on Thursday. Mr. Thomas Constable, the
chairman of the company, presided.
Mr. SMILES, secretary, then read the report.
The CHAIRMAN, in moving the adoption of the re-
port and statement of accounts, addressed the meeting
at considerable length. He:said there was no helping
hand offered to this company, but, on the contrary,
they were ignored, and they had to seek for an inde-
pendent terminus, to make the line of sufficient length
and importance to be an independent line of itself;
and fortunately for the company, that independent
terminus was sought for and at the sea. Consequently,
though they retained the whole of the advantages
which were originally attributable to this line as a
line from Leeds to unite with the great trunk line
from north to south by way of York, they were
now quite independent of that junction—a line from
the sea to Leeds, and by way of Leeds to every
portion of the manufacturing and populous districts
of the • West Riding and of South Lancashire,
end of all parts to the south-west of Leeds. The
directors were waiting until the extensions were com-
pleted, and, from the disposition which the York,
Newcastle, and Berwick Company had evinced, con-
fidence was felt that arrangements would be made
which would be satisfactory to all parties.—(Ap-
plause.) The only difference in the view of the two
boards, generally speaking, was this—that the York,
Newcastle, and Berwick wished the arrangement to
take from the beginning It permanent character,
whereas the board of the LeF;cls Northern felt unwil-
ling to make any permanent arrangement until they
were in a situation better 'to know what they were
about.—(Hear, hear.) Wit the York and North
Midland Company they were, to a certain degree,
upon a friendly footing, tholeh they were competitors
with them for the traffic sehrel they conveyed to the
York, Newcastle, and Iteri,6ll.- - line, and they felt
that this small introduction to arrangements would
ultimately lead to something better. He then pro-
ceeded to review the prospects of the undertaking,
particularly with reference to the expectations from
the north-eastern extension to Hartlepool and the
ports of the Tees, on the completion of which the
main line would be 70 miles in length, and would give
the undertaking an independent character in
every way. He pointed out that the working
expenses would be much less in proportion
for the 70 miles than for the 40 miles at present
open, observing that the locomotive power required to
work the 40 miles was squal to a much larger under-
taking, and in many respects they were obliged to
keep as large a staff for the shorter as they would
have to employ for a longer distance. The cost of
the 40 miles already open must have averaged 50,0001.
per mile. When the extensions were completed the
average would not exceed 35,000/. or 36,0001. per
mile.—(Hear, hear.) He entered into considerable
detail as to the future prospects of the company from
the ports of Stockton and Hartlepool, mentioning the
fact with regard to the traffic of the Tees, that an
eminent engineer, employed by the Admiralty, was
at present surveying that river with a view to the im-
provement of its navigation, and had reported that it
had considerably greater capabilities than the river
Clyde. He concluded by saying that the directors
felt confident the result of the whole undertaking,
when completed, would be satisfactory.—(Cheers.)
Mr. C. G. MACLEA briefly seconded the adoption of
the report.
Mr. E. W. JACKSON proceeded to make some
statements in reference to the discovery of ironstone
in the Cleveland Hills, and its probable effect upon
the Leeds Northern Railway. He said, the principal
seam varies from 10 to 15 feet in thickness, and there
are two smaller seams lying below it, varying in
thickness from six inches to two feet each, and sepa-
rated from each other by about six feet of ground.
The two latter are not at present worked. The main
seam is a regular lying stratum, imbedded in shale,
and is not likely to nip out to the dip. It is now be-
ing extensively worked by Messrs. Bolckow and
Vaughan, and their field is now in a position to sup-
ply an unlimited quantity. He was informed that it
contained 33 per cent. of iron in the uncalcined stone.
All things considered, he should not feel astonished
if the revenue of the company reached 200,0001. per
annum.—(Cheers.)
After some observations from Mr. Close, Mr. Har-
rison, and Mr. Cash, the report was adopted unani-
mously ; as was also a resolution to the effect that a
dividend at the rate of seven per cent. per annum be
paid on the preference quarter-shares, and at the rate
of six per cent. per annum on e.he amount paid in ad-
vance of calls, and a dividend at the rate of two
per cent. per annum cn the shares called Nos. 1,2,
and 3.

The meeting was then made special, and the direc-
tors were authorised to borrow 208,990/.
A vote of thanks to the chairman concluded the
proceedings.

YORK, NEWCASTLE, AND BERWICK.
The directors of this company have just issued their
report, to be submitted to the proprietors at the half-
on Friday next. It states that the
yearly meeting
traffic receipts for the half-year ending 30th June
last amounted to 351,376/., and' fur the curresl3onding
period of 1850 to 344,3471., showing an increase of
7,029/. The working expenses for the half-year ending
30th of Jane last amounted to 136,7661, and for the
same period in 1850 to 135,0631. From a compara-
tive statement of the traffic a gradual and steady in-
crease in the passengers and general merchandise is
shown, but there is a diminution on the coal traffic
of 7,260/. No charge is made in the accounts for
interest on unproductive capital ; and the earnings
of the half-year, after charging the revenue with all
interest accruing on the guaranteed shares, and Great
North of England purchase and ordinary debentures,
amount to 89,4881. After bringing forward the ba-
lance on the last half-year of 11,5091. there will be a
sum at the disposal of the proprietors of 100,997/.
The directors recommend that a dividend should
be declared at the rate of 3/. per cent. per
annum, which will amount to 91,2821, and will leave
a balmier?. of 9,716/. At the general meeting of
the Vh of March, 1850, the sum of 8,0001. was set
apart to meet charges which might appear against the
revenue arising out of transactions belonging to pre-
vious years, and to provide against bad debts at that
time incurred. It was represented to the directors
that this sum was more than sufficient to liquidate any
claims of this description, but the subsequent exami-
nation of the outstanding accounts has shown it to be
inadequate. The directors find also that drawbacks
had been agreed upon but not written off in the books,
that some of the arrangements with coalowners had
been imperfectly recorded, and that disputed claims
had been allowed to extend over a series of years, the
investigation and adjustment of which have necessarily
occupied much time, and been attended with great
labour. These deficiencies, together with bad debts
which the recently depressed state of the coal trade
has served to develops during the half-year, leave,
after absorbing the amount laid aside to meet such
contingencies, a balance to be provided for of 19,047/.,
which includes all bad debts, drawbacks, allowances,
and settlements of contested accounts up to the present
time, as well as a liberal allowance for all claims still
in dispute. They are not unaware of the arguments
which may be adduced in favour of defraying the whole
amount out of the revenue of the present half-year,
and of declaring a dividend at the rate of 2/. 13s. 10d.
instead of 3/. per cent. ; but they have come to the
conclusion that, under all the circumstances, the equity
of the case will best be met by adopting the recom-
mendation they have made, and by appropriating to-
wards the liquidation of these charges the whole of
the balance, 9,7161., which will then appear at the
credit of the revenue account, and discharging the
remaining sum of 9,3321. by instalments within the
next two years. The Great North of England Pur-
chase arrangement has been settled (except as to a
sum of 751. for which no legal claimant has ap-
peared) ; the total purchase money amounts to
3,547,500/. The works on the Pensher branch are
going on satisfactorily; the last portion of the Kelso
branch has been finished, and in connexion with the
North British Railway was opened for traffic on the
Ist of June. The directors have entered into a con-
tract for the construction of the Malton branch at a
cost to this company of not more than 50,0001, and
have served the notices for the purchase of the land.
The directors have received an offer to maintain the
way and works of the line for a fixed annual payment
on a contract for 21 years, and on comparing the
proposed payment with the sums now expended on
the line and laid aside as a fund for the renewal of the
permanent way, it appears that the annual saving to
the company would be very material. Should all the
necessary stipulations be settled to their satisfaction,
they will be prepared, with the sanction of the present
meeting, to enter into a contract for the maintenance
of the permanent way.
The report of Mr. llarrison, the engineer, states
that the locomotive stock has been maintained in full
efficiency, and for this half year there has been
charged against revenue the cost of four entirely new

engines.
The capital account shows that 6,743,9531. had
been received, incliv:ing 4,975,210/. received on shares,
Ind 0,866,5001. ,:xpcntle(l, leaving a balance against
the company of 122,013/.
The debenture account showed a total of 1,421,8291.,
of which 584,6061. was borrowed at 5 per cent.,
201,585',. at 4:12 per cent., 195,6001. at 4/, and
434,0381. at 4 per cent.
The revenue account for the hulf-year ending the

30th of June showed that 358,9891. had been received,
and 157,0981. expended in working expenses, way.
leaves, and rates and taxes, leaving 201,8911., out of
which is deducted 112,4021. for interest, guaranteed
dividends, and rents, leaving a balance of 89,488 Z,
which. added to the balance from the last account,
11,5091., makes a total disposable sum of 100,994/.

MANCHESTER, SHEFFIELD, AND LIN-

.COLNSHIRE.
The directors ie their report to be submitted at the
half-yearly meeting on Friday, the 29th inst., state
that the Grimsby Docks have advanced rapidly during
the last six months, and they are confidently assured
by the engineers will 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 which would otherwise have
come upon the line, the comparison is favourable. The
gross expenditure exceeds that of the corresponding
balf.yepr of 1850 by 3,4651, but 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 Grinaeby,
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 Coin-
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 6/. shares, and of 7i 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 101. preference shares. This would amount to
10,900/., and leave a small balance. The capital ac-
count to the 30th of June shows that 7,331,232/. 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 88,5451., leaving a
balance of 68,569/. The loss on three of the canals,
during the half-year, is stated to be 4,0311.

[PRICE SD.

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
e)nsiderable 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 Housa 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 1,361,681/. had been received, and
1,366,6211, expended, leaving a balance against the
complay of 4,9391. The revenue account for the
half-year elates that 26,0151. had been received, and
15,638/. expended, including 1,0981. Government
duty, and 1,7551. rates and taxes, leaving a balance of
10,3271.

WHITE lIAVEN JUNCTION.
The half-yearly meeting of this company was held
on IVednesday, 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
to 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 6,029/. The directors intend to
raise 7,0001. by the creation of preference shares.
The balance to the profitand 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 liiverstone 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. Randall 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 Os. 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 1001. 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 spacial, at which the
directors were authorised to raise 7,0001. by the crea-
tion of 1,000 shares at 71. each, bearing a guaranteed
rate of interest of 41. 103. 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 NORTII4VESTEEN.--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 luggege haa
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 carrisge 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.
NOETII 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 20,0001,, which is still re•
quired before the works can be proceeded with.
Large and influential meetings have been held at
Bernstaple, 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, however, 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 8,958,6521.; corresponding
period of 1850, to 7,815,0751.; corresponding period
of 1849, to 6,848,258/. ; and in 1848, to 6,127,1871. ;
showing an increaic in 1351 over the corresponding
period of 1850 of 11,43,577 ;An increase in 1850 over
the corresponding period of 1849 of 966,817/. ; and in
1849 over the same period of 1848 of 721,0711. The
traffic receipts for the above period averaged in 1851,
1,4211. per mile; in 1850, 1,42]1. per mile ; in 1849,
1,4751. per mile; and in 1848 they averaged 1,6331.
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 eight 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 135,5371.,
showing an increase of 41,9251. The increase on
the Eastern Counties Railway amounted to 1,640/. ;
on the Great Western to 8,3351. ; on the Great
Northern to 9,845/. (chiefly in consequence of the
line being in operation between London and Peter-
borough); on the London and Blackwell to 2901. ;
on the London, Brighton, and South Coast to 2,4641.;
on the London and North-Western to 11,674/. ; on
the London and Southampton to 4,1601. ; and on the
South-Eastern to 3,4171. The aggregate increase as
above was 41,9251., 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-EISTERN.—The number of passengers con-
veyed on this railway to and from the London-bridge
terminus was 15,467, viz,, 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.—Thrce excursion trains by this line
early in the week took no fewer than 3,524 between
Londan and Brighton.

THE LONDON GAZETTE, Aug. 22.
DOWNING-STREET, Ana. 20, 1851.
The Queen has been pleased to approve of Mr. Cor-
nelius Al`Caullay. as Consul at Belfast for the United
States of America.
,WAR-OFFICE, Aim 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, Aug. 22
Gib Dragoon Guards—Captain James Gubbins Archer-
Burton, from the 16th Light Dragoons, to be Captain,
vice Heywood, who exchanges, Aug. 22.
6th Dragoons—Cornet German Wheatcroft to be Lieu-
tenant, by purchase, vice Sir E. Synge Hutchinson, Dart.,
who retires, Aug. 22.
12th Light Dragoons—John Rolt,
Gent., to be Cornet,
by purchase, Aug. 22.
16th Light Dragoons—Captain The
was Heywood,
from the 6th Dragoon Guards, to be Captain, vice
Archer-Burton, who exchanges, Aug. 22.
Coldstream Regiment of Foot Guards—Majer and
Brevet Colonel llenry John William I3entinelt to be
Lieutenant-Colonel, by purchase, vice Chaplin, who re-
tires; Captain and Lieutenant-Colonel the Honour-
able Arthur Upton to bo Major (with the rank of
Colonel iu the Army), by pnrchase, vice Bentinek ;
Lieutenant and Captain the Honourable Thomes
Vase Dawson to b, Captain and Lieutenant-Colonel,
by purchase. vice Upton. Aug. 22; Ensign and Lieute-
nant and Adjutant the Hon. Percy Robert Basil Feild,
ing to have the rank of Lieutenant and Captain, Aug.
21; Ensign and Lieutenant William Henry Reeve to be
Lieutenant and Captain, by purchase, vice Dawson
Aug. 22.
3d Foot—Lieutenant Frederick Wai_nwright, from the
66th Foot, to bn Lieutenant *.
, v Ice Bergner, who ax-
chacgos, Aug. 22.
' 13th Foot Second Lieutenant Charles William
Doherty, from the Rifle
mackett, Towßrigade, to bo Enaign, vice
"4"160, Aug. 22.