The Sun.
London, England, 1868-05-16 00:00:00

:o 6 per Cont., 1862
Do 6 per Cent. 1864
Do. 4 per Cent. Certificates .....
I video as on the above payable in London.
[3.l2:iab. per cent., Ex. 25f.
Dia& •2* per Cent. Ex. 12 Gail

Do Account
French Rentes, 3 per Cent.. Lx. 251.
Austrimi a'pr Cent. Lx 10 Florins
Italia), 5 per Cent. 1831, Ex. 25i.
Do. Account 4Bl
CLOSING PRICES.
Consols,. Money 941
• Do. Account, 4th June 92 3

SNARE LIST.

COLONIAL GOVERNMENT SECURITIES.

Illritiab Columbia, 6 per
cent., Dc0..31, 1572....
Can.G 0v.6 p.o.Ja..4tJ my

1r77-54
Do. 6 p. a. Feb. dz Aug
5 p. o. Mar. . Sept
Uo. 5 p. c. Jan. .St Jul)
Do. 5 p. C. Inaeribed Ok
Cape (*.Hope, 6 p.c.1873
Oot 1890-1900
Do. do 1680-9vl
Do. Jan.&..lnly, 18510-91
Uo. 5 per cent. 15 April
anti 15 vet.,

10.) 10f
9;
1))L
so S,)
,5 67
0.1 10i
110097 11019 j
106 108

to3s 4

tle;lou,NOv. iti7B, 6 p.:
Do.
Mauritius, 8 p. o,
Jan. and July

P 8 100
111 111
11)5 lu7

Do. Io7S
90. 1882, ayls, Nor.
Do. 181)5, eb. zz Aug..
Natal Nov. C per cent..
3.13.G0v.Cp.c.Ja.&J ul,
INT. S.W. Gov.s p•e.,lBet.
Do. 5 p.c. 1871 to 187 t)

1.04 166
It 6 lob
107 We
0.6 Oa

99 10
9J 1)1
08 99
V5l 96,

1)0. 5 P.c. IbBB to 1b96
New Zealand, 6 p. cent
Do. 5 per cent....
Nova Scotia Goy. 6 p. 0
sterling, 1875
Queensland Gov. 6 p.
S. Aus.Go7. 6 p,c.18654
Do. Mb & upwards
Vle,Gov. 6 p.e. J a.&July
Do. do. April & Oct

971 98)

102 104
1413 105

110 ill

1114 112,

TLIE SUN, LONI

RAILWAY INTELLIGENCE.

GREAT WESTERN.

A special general meeting of this company was
held yesterday at the Paddington Station—Sir D.
Goocb,lll.P., in the chair.

Mr. F. Saunders, the secretary, having read
the notice convening the meeting,
The CHAIRMAN congratulated the shareholders on
the improved position of their affairs. They had
now plenty of money, which was mainly brought
about by the shareholders helping themselv2s. The
amount of the 5 per cent. debenture stock issued
was £1,700,000, out of which £1,100,000 had been
pan up, leaving £600,000 to COlllO in as and when
required. He might s'ate that their great difficulty
now was not as to the issue of the stock, but from
having to refuse it to people who were most anxious
to take it up. They could only•issue the debenture
stock to the amount necessary to replace debentures
failing due. With regard to the G. per cent. pr -
ference stock, they had already issued .£1,600,000,
leaving about £1,000,000 still available to be issued
when necessary. (Hear, hear.) This was a Wharn-
cliffe meeting, and the first resolution he had to
submit was the approval of the Great Western Rail-
way (Dividends) No. 2 Bill. It was a bill to con-
firm the issue of stocks and shares of the Great
West:Tit Railway Company in payment of dividends
to the holders of stocks or shares in the company.
93 I Mr. A. WooD seconded the motion.

Mr. C. LEGG said he thought it very satisfactory
that they had beeii enabled to issue so large an
amount of debenture stock, and hoped it would be
sufficient to completely relieve the company from
its recent difficulties. He thought it might be sa-
tisfactory to know at what rate they were now
renewing debentures.

A SHAREHOLDER wished to know the scope of the
bill.

['he CHAIRMAN, in reply to those and' other ques-
tions, said that the Dividend Bill removed all doubt
as to the legality of the debenture stock and prefe-
rence shares already issued to the proprietors in
lieu of dividends. As to the debentures falling due,
'they were now freely renewed at 4f per cent., and
the directors could get as much money as they
wanted. Their debenture stock was now at a con-
siderable premium, and he hoped the company had
now got all the money they required. They would
not issue any more of the 6 per cent. preference
stock at par, because he thought it well worth a
premium. He trusted they would never have occa-
sion again to issue stock in place of cash dividends.
(Hear, hear.)
The bill was then unanimously approved.

The next was a bill to authorise the Bristol and
North Somerset Railway Company to deviate from
the authorised line of their railway at Bristol. It
enabled that company to make a more convenient
junction with the Great Western Railway. It
would be an advantage to them and involve no
liability.

Mr. YOUNG, the solicitor, explained that there
were arrangements between the two companies,
and the clause merely extended them to the de-
viated line.

Mr. WOOD seconded the motion approving the
bill, and it was agreed to.

The CHAIRMAN said the next bill he had to sub-
mit was a bill for conferring additional powers on
the London and North Western Railway for the
construction of new works, and in relation to their
own undertaking and the undertakings of other
companies. The bill contained powers to make a
junction at Hereford between their line and the
Brecon line, for the joint working of boats at Bir-
kenhead, the working of the West London Railway,
and the laying down of the narrow gauge between
Hereford and Gloucester.

Mr. A. WOOD seconded the motion approving the
bill, and it was carried.

The CHAIRMAN said the meeting would be ad-
journed to the 25th instant, to consider the Great
Western Bill for conferring further powers on them
for the construction of works, and in relation to
their own undertaking and to the undertakings of
other companies ; also to consider the Kingston and
Eardisley Bill to abandon portions of the railway.
He did not think they would have to submit the
Cambrian Bill.

Mr. C. LEGG expressed regret at the great loss of
Mr. E. Smith, one of the directors, since the last
meeting, and wished to know who was elected in
his place.

Die CHAIRMAN said they all regretted the loss of
Mr. Smith, who was a most efficient director. Mr.
Micklethwaite was elected to fill the vacancy.
The meeting then adjourned to the 25.0 inst.