The Sun.
London, England, 1866-05-07 00:00:00

FULNESS.

Mr. Ramsden, the late secretary and general
manager of this company, has been appointed
managing director ; and Mr. Cook, the late secre-
tary of the Whitehaven and Furness Railway Com-
pany, has been appointed to succeed Mr. Ramsden
as secretary and superintendent of traffic on the
Furness Railway.

WREXHAM, MOLD, AND CONNAH'S QUAY.
This line was opened for passenger traffic on the
Ist inst. from Wrexham to Buckley, 9 miles in length.
There are four intermediate stations--viz., Gwersyllt,
Cen-y-bedd, Caergwrle, and Hope Junction, for
Mold (per omnibus). Three trains run each day
daily.

GREAT EASTERN STEAMSHIP (LIMITED).
The report of the directors states that the whole
course of events which attended the expenditure of
last year for laying the Atlantic cable had been so
fully reported in the public press that it was need-
less to recapitulate them, but the directors drew
attention to the fact that the Great Eastern through-
out the voyage proved hersolf to be admirably and
specially adapted to the laying of deep sea cables,
and elicited from the scientific authorities engaged
on board the following most satisfactory certificate,
viz :—" That the Great Eastern steamship, from her
size and constant steadiness, and from the control
over her, afforded by the joint use cf paddles and
screws, renders it safe to lay an Atlantic cable in any
weather." By the term of the original charter with
the Telegraphic Construction and Maintenance
Company (Limited), the latter was entitled to elect
that (for the purpose of completing the first cable) ,
the charter should remain in force after the 31st of
December last, upon paying for the hire of the ship
£l,OOO per month, in addition to any contingent
payments otherwise accruing. On its being deter-
mined to lay a second cable it became necessary to
modify the charter, and an arrangement had been
made whereby the charterers had the use of the ship ,
for the above purposes, paying for the same in ad-
dition to all expenses, £12,000 in cash, in any event,
by instalments extending over the period of the
charter. On the new cable of 1866 being success-
fully laid the charterers were to transfer to this
company £25,000 in shareAf the Anglo-American
Telegraph Company (Limited), fully paid up ; and
in the event of the cable of last year being com-
pleted this company was to receive £50,000 in ordi-
nary stock of the Atlantic Telegraph Company, as
specified in the previous charter. The charterers
had also the option of retaining the ship after lay-
ing the cable of 1866 on the payment of £l,OOO per
month, and £lO per mile for all cables successfully
laid, with the proviso that the minimum payment to
this company should be not less than at the rate of
£20,000 per annum. The directors ventured to ex-
press their confident belief that the expedition of
this year would be a complete success. The ship
would go to sea fitted with every appliance which
the experience acquired on the last occasion had
shown to be necessary for surmounting any difficul-
ties which might present themselves during the ope-
ration. Three instalments of £l,OOO each had been
received from the charterers. and being due monthly
early in July a sum of £6,000 from this source would
be available for dividend. The directors, therefore,
proposed to pay an interim dividend of 6 per cent.
(free of income tax) as early in that month as might
be found practicable. A further and final dividend

had been received from the trustees in respect of the
bonds of the Great Ship Company held by this com-
pany, which amount had been applied in reduction
of the cost of the ship. From the balance sheet it
appeared that the cost of the'ship to the present
company was £87,893, leaving a balance of £11,433.

The Western colleges, academies, and seminaries
are better patronised this year than ever before, and
among the pupils are large numbers of veteran Soldiers.