The Sun.
London, England, 1857-03-10 00:00:00

RAILWAY INTFLLIGENCB.

NEWCASTLE AND CARLISLB.
The (Frectirs of th is company state in their gin"l
report that an intermediate dividend at the rate 0,
21. 10s. on the 1001. shares, and so in proportion for
those of a minor v-k, lue' subject to deduction of income
tax, was paid for thee half-year ending the 30th jape
last ; and they now fur; ier recommend a dividend at the
rate of 31. per share, for the half-year ending the 315!
Deceanber last, pay able on and
after the 31st March,
subject to deductim i of income tax, thus making the
dividend for the ye ar 1856 51. 10s. per cent.

PORTSMOTJTFI DOCKYARD BRANCIL
The dockyard at Portsmouth is now being cornier
by
e, railway with the line at Landp
and di-einharkatio
ort thus giving ,is'
creased facility is for the embarkation
of troops, bagx-a—
-g f•tores, or munitions of war. 11111
.s
new railway on the Portsmouth side is rather more tliss
a mile in length, nad its course, after cro-sing the LI
gate road, is almost parallel to the Flathouse.res
curving off as it nears the harbour then crossing
.sve
r
the widest, part of the moat by means of a awing hi:
and passing through the rampart, under which is a Ive,
executed bridge. The line (a single one) enters
dockyaT d within a few feet of the chief entrance::
jthe co evict prison, and is to be extended down to the
ettiris. The works are to be completed on the 151'k - ,
Apri2.

-
HONDURAS INTEROCEANIC.
An influential meeting of merchants and others cr;e.
held yesterdry at the Town-ball, Manchester, in rebe
renc.e to the proposed railway from the Atlantic to!oo t
Pacific Ocean. Mr. E. G. Squier, and a depunltibe
fron the board of directors atrended, to explain "tie
bete rings of the undertaking on the commerce of em
con ritry. Mr. J. Watts, the mayor, presided. l'iTr. G. WlLeorr said Mr. Squier was the repress°tv
tiv e of the United States in Honduras for many Ye4i
ar ,d was the originator of this railway, for which bs",,
obtained the concession. The board of directors cc/
isted of 17 members, of whom 6 resided in America; .
in London, 2in Manchester, and 2in Liverpool. os
Mr SQUIER detailed at great length the circunisesn
which had brought to his knowledge the vast superi!W:af
y
of the route of the proposed railway from Puerta Caller
on the Atlantic, to the bay of Fonseca, on the raw a
(a length of 147 miles), over the routes by Panel:nal,
Tehuantepec ; and entered into particulars as to the
salubrious nature of the country traversed, its alinl,be
richness and fertility, and the great capabilities
terminal ports. The route now proposed was coDee.s
plated in the 16th century by the Spanish GoverDo3ls
as the future line of communication ; but the subseque"
wars and declining power of Spain led to the aband°c."
ment of the project. The terms of concession ir.4.
much more liberal than those granted in the case oft
other two routes to which he had alluded ; and ,t':
Scherzer, of Vienna, had reported on the country as 74,
ing capable of producing all the products of the trePl-,
The proposed railway would shorten the distance fr7,l
New York to San Francisco by 1,300 miles, or 10 (*I.
time, and would attract a great proportion of the trait
ling from the Panama route, which had paid 12 r;
cent. yearly. The proposed maximum cost of the 11%,
would be $10,000,000, and he estimated the net revel,
at $3,200,000 per annum. The opening of the Atlale,"
telegraph and the probable telegraphic connection
.070
Puerto Cabello to Havannah would place that part 014)i
world in almost instantaneous communication 'l'
Europe. (Hear.)
tbc Mr. T. BAZLET proposed a resolution, expressing_..d
importance of connecting the Atlantio and Pacific
by means of a railway across the territory of Honda;
which would facilitate the transmission of passeDrg
re,
merchandise, and specie, with certainty and re ularii.
.
The MASTER CUTLER of Sheffield seconded the re' .
tion.

Mr. E. WATKIN stated that the directors of the op 0.
taking had decided, at their own risk, to send out e°o4
petent staff of English surveyors and engineers, alsisol
by a Government enginemr, already nomic ,
ated by 11n
~.;
Clarendon, to verify all the calculations before the 701
ter was launched before the public as a conner—
scheme. (Hear.)
The resolution was carried unanimously, as were fe
of thanks to Mr. Squier and the Mayor. „