The Sun.
London, England, 1866-06-27 00:00:00

FRANCE.

BOURSE, June 26.—Two o'Clock.---Business was
at first transacted on generally higher quotations,
but the market has since manifested symptoms of
weakness, and some of the ground gained has since
been lost. Threes, for the Account, after 63f. 10c.,
are now at 62f. 95c., or sc. Italian Fives, which at
first were quoted IA 39f. 95c., are now doing
at 39f. 55e., with a fall of 40c. Credit
Foncier Shares are in very good demand
at 1,135 fr., an advance of 10f. These Shares
have been quoted as high as 1,145 f. Comp-
toir d'Escompte remain unvaried. Credit
Mobilier Shares have declined lf. 25c., viz.,
to 440 f. The Railway Department shows a slight
advance, Northern Shares having improved 2f. 53c.,
Lyons lf. 25c., Austrian 2f. 50c., and Lombard sf.
Bank of France Shares are worth 3,470. The divi-
dend for the current half year has just been fixed
at 80f. Consols are telegraphed with an advance of
I per cent.

Three o'clock.•—The second telegram from Lon-
don Aunpunces A further rise of f. The market here

became buoyant towards
follows :

4i per Cents 92
Do. end month —
3 per Cents. 63 20
Do. end month 63 15
Credit Mobilier
Do. end month
Credit Fonder —
Do. end month 1145

RAIL'

the end, and left off as

Bank Shares 3470
Italian Loan 39 60
Do. end month 4O
Mexican Loan —
Do. Bonds —
Spanish Threes
Home Debt —
Deferred
'AYB.

For Account.
Orleans
Northern lO7O
Lyons and Mediterranean__ . 787 50
Southern 5lO - -
Western —
Eastern
Sardinian
Austrian
Lombard 285
North of Spain —
Saragossa
Ditto to Barcelona —
Roman —

Railway and Other Companies.

GREAT NORTH OF SCOTLAND.

A Wharncliffe meeting of this company was held
on Saturday at Aberdeen—Mr. J. Duncan in the
chair.

The CIIAIR3IAN stated that the object of the meet-
ing was to approve a bill for the amalgamation of
the Great North of Scotland Railway with its vari-
ous branches, and to lease the Deeside Railway.
The contributions of the company to the Alford
Valley, the Aberdeen and Turriff, the Banff, Mac-
duff, and Turriff Extension, the Keith and Duff town,
and the Strathspey Railways amounted to £363,231,
and by the public to £133,480. As regarded the
Formartin and Buchan it was proposed to guarantee
the original shares held by the public 60 per cent.
of the gross receipts of the Formartin and Buchan
line proper, after the payment of the dividend on
the 5 per cent. Formartin and Buchan preference
shares as follows :—For the half-year ending Aug.
31, 1867, 11 per cent. ; ditto ending Aug. 31, 1868,
2 per cent.; ending Aug. 31, 1869, 21 per cent., and
in the year ending Aug. 31, 1870, and thereafter in
perpetuity 3 per cent., with the right of participat-
ing with the original shares of the company in any
dividend beyond 3 per cent. The share capital of
the amalgamated company would amount to
£2,464,881, including £823,571 ordinary capital.
The bill also proposed to authorise a lease of the
Deeside line to the Great North of Scotland Com-
pany. It was high time that the consolidation of
the branch lines should take effect. The greater
portion of the money required for the construction
of those branches had been provided by the funds,
capital, and credit of the Great North of Scotland
Company. He explained the advantages of the bill,
and that it would consolidate the interests of the
company.

A formal resolution approving the bill was adopted.

NORTH BRITISH.

Wharncliffe meetings of this company were held
in Edinburgh on Saturday and Monday, to con-
sider various bills now before Parliament. At
the first meeting Mr. Hodgson, chairman, presided,
and moved approval of the Taybridge Bill and
Wishaw Branches Bill. In regard to the former,
he said it was the directors' intention to renew the
opposition to the Caledonian Bill for amalgamation
with the Scottish North-Eastern in the House of
Lords. It was true that they were left at liberty
to construct a competing coast line, but with the
present line only paying 21 per cent. there was cer-
tainly very little inducement for them to do so,
especially as the Caledonian would in the interven-
ing years be strengthening themselves iu the dis-
trict. The Wishaw Branches Bill had been limited
to a line from Morningside to Coatbridge, which
the Caledonian chairman had called a small con-
cession, but which they thought an important one,
giving them access from that mineral field to Glas-
gow and the Clyde. The meeting was adjourned
till the 4th of July, to consider the Bridge of Allan
Bill should it pass.
At the second meeting, which was held to con-
sider a bill to alter the terms of the lease of the
Bathga,te Railway, Mr. 11. Dunlop, vice-chairman,
presided. The bill proposed to increase the rent
payable from 4 per cent. to 5, rising to 51, super-
seding right to half profits, and settling various
questions under arbitration.
Mr. DUNLOP said that the board were divided in
opinion on the bill. The Chairman was in favour
of it, but he was not, and if necessary he would use
the proxies intrusted to the directors against it.
After a long and irregular discussion, a poll was
taken, but three-fourths of the stock personally re-
presented at the meeting not being in favour of the
bill, it could not receive approval, and the bill was
accordingly rejected without resort to proxies.
The same day a meeting of the Bathgate Com-
pany was held, at which the bill was unanimously
approved.