The Sun.
London, England, 1867-03-09 00:00:00


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. 4,74-.,..idi.,
to the stability and prosperity 0 4be:company. The
C
speaker then proceeded at gr irlength tr enter •_,.
upon numerous controversial poi 'n reforetiittaa. 7..
the position and management of the cbthpatiii, bti
he was met by so many interruptions and cries of
" Question," " Sit down," &c., that he was at last
compelled to give way and resume his seat.
Mr. LEGGE said that although be would personally
have liked to enter upon the discussion of the finan-
cial position of the company, he thought it was
desirable that they should depart that day without
debate, and leave the matter in the hands of the
directors and the large shareholders whom they ha(l.
consulted. (Loud cries of " No, no.")
Mr. EDtvAttn SMITII, of Sheffield, said he was a
proprietor in that concern I'efore the first sod was
turned. Ile had a very large amount of the origimil
stet'.: ; he ha I never solla single share, and did not
mean to do so, consequently he wanted to make tile
most of that stock that he could, and he was su:e
that to quArrel among themselves was not the. best
way to do that. He believed thy had, as a chair-
man, one of the ablest merlin the kingdom, and who
was not only an able, but an honest man, who had-
thrown a vast amount of energy and experience into
the conduct of their affairs with the determination
to set them right if he possibly could. They had bad
the money market against them, and had to pay a
high rate of interest, while at the same time they
had paid off half a million of temporary loans.
Though that payment left them no cash for an itn-
mediate dividend, it really placed the company in a
much better position for the future, and the pro-
posal of the board to raise a preference stock to pay
off the remaining temporary loans and pressing lia,
bill' ies was the true policy for the shareholders to
adopt. He did not personally, know a single mem-
ber of the board, but ho-did seriously advise the
shareholder 446 give the directors time to collect the
means to pay these debts. If they took up the 6
per cent. preference stock according to their means,
and enable the directors to pay off their debts, public
couidence would be restored, and the price of their
shares would go up. His closing advice was no
shouting, no quarrelling, but let them quietly ad.
journ until the 29th of March. (Cheers.)
Te Chairman then put the motion, which was
carried almost unanimously, and the meeting broke
up.

Railway Traffic Returns for the Week.

Allies Opened. iteoet.::e.

Railways.

1867.

Belfast and N. Counties
Belfast and County Down 49
Myth and Tyne 36
Brecon and Merthyr ..... 68
Bristol and Exeter l3lf
Caledonian, Scottish Central 5623
Cambeian l3O
Cooke' mouth K & Pentlth 311
Cork and Bandon 2O
Cork, lilackrock,& Passage 6l
Cork and Limerick Dlr,t
Cornwall
Deeside l7
Do Extension
Dublin .¢ 14eilastJ unction.... 63
Dublin and Drogheda 75
Dublin and Meath
Dub. & Wicklow and Wextd lO6
Forth and Clyde Junction
Furness, &c B5
Glasgow & South-Western
Gt. Eastern,Nrik.,&E. Union
Great Northern 422
Great North of Scotland 212
t. Nortlin. & IVestn. (Irel.) Bll
'lLSouthu. & Westn.(lrind.) 4191
Great WetAtern l3lll
Highland ... 246
Hoy 51
Irish North-Western 145
Isle of
Lancashire & Yorkshire
Limerick and Ennis... 24f
Li II It' rick and Foynes 261
Llaneliy 461
Lly nvi Valley
London At North-Weatern
London & South-Western
Lund. Brighton, &S. Coast 3is
Loutton, Chatham, & Dover; 1351
all Metropolitan Extension 131
Do. Kent i oast
Lon., Tilbury, & Southend
Londonderry and Coleraine 361
uan.,Shetlield,&Linconish
blanch. S.J un.& Altrincham.. 91
Slaryport and Carlisle
Metropolitan
Mitiland (incl. N.- Western)— 6..17
Midland G L Westn. of I rind 2601
Monmouthsh. Rail. & Canal l4
North British, Edin., I'ertn
awl Dundee
N-bastern and Stock. & Darl 12201
North Loudon ll
North t.iiiordAire 268
rembrok:, aitd Tenby 274
It. ,y tun:4
North-Eastern 143
SLniiierret and Durcier. ti6

1886. 1867 IBC6
£ c
99/ 2.143 1.765
68) 5

01 1,010 1,139
121 i 6,228 6.8:4
5624 30.793 30,612
ibu 2,1,55 2,113

3! 375 .3d5
LO 373 3 6
-9 132 lii

25 201 1 E 3
654 1,545 1.653
17 %48 2+B
154 105 73
63 1,371 1.307
75 1,716 1.520
55 270 245
106 2,821 2.745

30 2b5 is 6
85 5,2,0 5,011
249 9,707 10,100
7271 32.2_9 31,56
10k 36,5:47 3:3,438
21 2,883 2.598
81.1 673 6.30
419 f 8.543 8,49 C
1284 67.518 67.530
246 2,038 2,473

19 20
115 1,6 Ai 1,546
8 2 3 100
403 43.597 40,070
241 167 172
26 339 6'l
461 5t6 579

39;
6:43 611
12911 110 369 106,484
49.;6 22,217 22,141
2y31 18,894 161,316
134 i 8,7.8 8,031
12 2,079 1,1125
27
42;
3•li
2,6

6iit
2O(

7174
12,7

1:16

30u; if o.•v on
••outti..Eastern 3:',o 315
v4ll Vale 63 63
Ulster
Vale of Civ.-yd.
Waterford and Kilkenny 3l 31
Waterford and Limerick 77 77
West Cork
. rexham 'Mold, &a......
W'tfaven,Cleator,&Egritint lO 10
Four: ox Am" COLONIAL.
Austrian 823 828
[labia and San Francieco
Belgian Eastern Junction— 26i 26i
Bombay, Baroda, & l en. India 306 306
Detroit and Milwaukic lh9 Itso
Dutch Rhenish
Eastarn of FTance 16,5 It6l
Eastern Ifengal ••• llO 110
East Indian
Grand Trunk oi Canada 1:17 1a77
Great Central of lselgium 285 2,5
Great Indian Peninsula 823 6.:4i
Great Luxembourg 172 142
Great Southeen of India ...• 79 79
6 rutt IVestern of Canada 34S 3.5
Madras
Madrid. Saragossa StAlicant 833 778
Northern of Canada
Northern of France 783 :61
Norwegian Trunk
Ottoman ..
Paris, Lyons, & Mediteraeean ?I7J 2k 6
Paris and Orleans. .. l8i! BtB
Recife and San Fra.lisco.&c... 77. ;7i
Sc nue—. l,/J 105
Southern of Prance - 01-i 803
Vittoria
IVellaud
West & N-Wn. of France

1,117 3,101
3)5 326
20,951 19,627
3.409
1,57: 1,649
4;492 3,7 tit
51,531 45,4,3
5,.61 5,010
2.'de3 2,809

14,515 23.451
79,441 i 6,479
4.875 4,465
8.52) 7,79 t
IS) 95
1,181) 1,251
1,0;4 - 1,1?4
3.:•63 3,451
2•, 75 1:•.:43
6,203 6.099
3,017 2.5 7
133

338 397
1.535 MO

252
783 758

26,100 32,7 • 9
8.6 958
312 310
12,042 10,098
5,'•60 4,514
4,224 3,603
70,195
2,5:u 2,531
42,333 32,662
22, 93 20,681
7,572 9,047
30,103 38./44
5,113 5,552
70 1,222
13,776 12,562
7.817
17,8; 9 16,205
,691 1,439
62,346 59,0:18
553 727
511 521
14',514 136,439
77,275 72,210
2,180 1,007
2,677 2,191
29,4-33 26,164
-34,390 1,770
135 61
5!,099 97,110

PRESENTS AT PARKINS AND GOTTO'S.--Photo-
graphic Albums, a choice of 3,000; desp•ttch-boxes, writ-
ing-cases, dre;ssing-cases, trwalling-bags, envelope-cases,
blotting-books, ink-stands, desks, book-slides, work-boxes,
tea-caddies, hand-bags, and reticules, card-cases, purses,
stationery-cabinets, scent-bottles, albums fur postage
stamps, crests, Stc. ; cigar-cases, card-baskets, pocket-
books, electro-gilt and elegantly-mounted artides. Bibles,
Prayer-books, and Church Services, in every type. Par-
kins and Gotto, 25, Oxford-street The public supplied
at wholesale prices from the largest stock iu London.
THE PANAMA ROUTE.—The Mataura occupied
only thirty-two days in performing the voyage of
7,750 knots, being two days less than the time
allowed. The average speed throughout was up-
wards of ten knots: The steamers of the Panama,
New Zealand, and Australian Royal Mail Company
have now made twelve voyages across the Pacific,
and having regard to the magnitude of the service,
and to the fact that the distance run every voyage
without any stoppage to coal between Wellington
and Panama, is about double the distance traversed
by any other first-class mail steamers in the world
without detention, the performances of the
company's vessels are certainly very extra-
ordinary, and the company may well congratulate
themselves on their highly successful achievements.
It is notorious that " experienced" persons inte-
rested in ocean navigation prognostic•tt.ed a most
signal failure, being " convinced" such long voyages
could never be accomplished in the time ; but hap-
pily, for the company engaged in the enterprise,
and equally fortunate for the colonies contributing
the subsidy of £llO,OOO a year, those predictions
have been completely negatived. No one can now
deny the advantages of the service, to New Zealand
especially, and to the Australian colonies generally,
both on account of the new connection with the
mother country and the direct communication with
North and South America. It may, therefore,
fairly be assumed that the service will prove a per-
thanent success in every respect. The Kaikoura, with
the English mails of Nov. 2, arrived at Sydney on
the 31st of December, being slightly before her
contract time.—New Zealand Examiner. _ _

SPANISII MAIL SERVICE.—A. renewal of the
enni rut for carrying the bi-monthly mail between
Spain and the island of Cuba was let on the 15th
by public tender at Madrid. This service has been
perf•irmed during the last seven years by Messrs.
Leiwz and Co., of Cadiz, with nitwit success, and
the remunerative nature of the traffic, apart from
the postal subsidy, being well known, there was
much competition for a renewal of the contract.
The fortunate competitors are Messrs. C. Mitchell
and Co„ of Newcastle-on-Tyne. The annual sub-
sidy is abotit f;102,000, commencing in February,
1368, and the steamers required for the service are
to be of 1,500 tons 'builder's measurement each.
g e GI ry
es ronmme Sears
et .
Messrs. Mitchell have *it' engaged
at St. Petersburgh constructing, large armour-clad
vessels of war for the Russian
Shipping
Gae tte:
The ever-increasing import into England of
eggs from abroad reached in the year IRO the
morrow. uupber of 43M75,884.

* _-714
• .:7
,mus4.qt6Aptt.
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