The Sun.
London, England, 1868-06-03 00:00:00

Austrian .

551

Lombard 3B-
O of Spain 67i
Saragossa
Roman 42

RAILWAY INTELLIGENCE.

WATERFORD AND KILKENNY.

The half-yearly meeting of this company was
held at the London Tavern on Friday ; Mr. J
Delahunty in the chair.
The report, an abstract of which appeared in The
Sun, was taken as read.

The CHAIRMAN, in moving the adoption of the
report, said that the affairs of the company had re-
cently progressed favourably, as matters long in
dispute with the Waterford and Limerick Company,
respecting the station at Waterford, and the Great
Southern and Western Railway Company respect-
ing traffic facilities at Maryborough, had been
brought so far to a conclusion ; but he was in hopes
that through booking and other facilities now with-
held would be conceded by the latter company.
Soon after the directors took the working of the line
into their own hands they found they had enormous
difficulties to contend with. The rolling stock of
the company, which had been in the hands of the
Waterford and Limerick Company for some years,
bad become so depreciated as to have fallen in value
from £15,000 to about half that amount. The per-
manent way had also been allowed to fall into a
bad state, but since the line had come into the
hands of the directors they had obtained £20,000
worth of new rolling stock into good working order.
They had now plenty of rolling stock to work the
traffic efficiently, and they had commenced the
fishing of the rails, which, with new sleepers, and
other improvements, would add materially to the
stability of the permanent way. The fishing of the
rails would be accomplished at a moderate cost, and
amply repay them for the outlay. The bill before
Parliament would enable the company to dispose
of the rent charge of £l,OOO a year now paid to
them by the Great Southern and Western Railway
Company, and when realised would supply them
with means to pay for the new rolling stock. The
bill would also authorise the company to raise
£lO,OOO on debentures to renew and replace wooden
bridges with iron. The London and North-Western
Company were now extending their line of commu-
nication to Milford-haven, which would make it
their interest to develope traffic to that place as well
as the Great Western. The Kilkenny Company
was perfectly free to make arrangements with the
English companies for the mutual interchange and
development of traffic by means of steamers. (Hear,
hear.) It would be their duty to declare a dividend
on the preference stock, but the payment of it
would be deferred for a short time until the com-
pany had the funds available.
The motion for the adoption of the report, after
some conversation, was agreed to ; and the divi-
dend at the rate of 2 per cent. per annum on the
preference stock was declared.
The meeting was then made special, and a formal
resolution approving the company's bill now before
Parliament was adopted.

SLEAFORD AND BOURN.
The Board of Trade bas declined to grant a war-
rant for the abandonment of this line.

GRAND JUNCTION CANAL.

The half-yearly meeting of this company was held
yesterday at the offices, Surrey-street, Strand ; Mr.
Anderson in the chair.

The report stated that the net receipts for the
half-year ending December last amounted to
£31,042, being a decrease of £2,053 as compared
with the same half of 1866. The generally depressed
state of trade would account for the decreased re-
ceipts. The profits of the company for the half-
year, after payment of the usual interest on the
preference stock, amounted to £22,929. This,
added to the unappropriated balance brought for-
ward from the preceding half-year, amounted to
£27,848. Notwithstanding the depression of trade,
the net receipts of the past half-year would admit
of the same dividend being paid as in the preceding
half-year. It was proposed to declare a dividend
of £2 per share, free of income-tax, on 11,329,
shares original stock, which would absorb £22,658
payable on the 15th inst., leaving a balance of
£5,190 to be carried forward. The works of the
canal were in fair worleng order, and the whole of
the reservoirs were nearly full of water.
The report was adopted, and the dividend re-
commended was declared.

The proceedings concluded with a vote of thanks
to the chairman.

LIFE BRIGADES.--Captain Robertson, R N., of
the Board of Trade, has just completed his annual inspec-
tion of the Volunteer Lifo Brigades on the north-eastern
coast, established for the rescue of shipwrecked seamen.
The corps are composed of young men of all classes of the
community, and have been found in a high state of effi-
ciency. The Tyuemouth, South Shields, and Cullercoats
Life Brigades have clubhouses admirably fitted up, and
comolete arrangements are made for the reception and
restoration of shipwrecked men immediately they are landed
from wrecks. Tho movement was commenced at Tyne-
mouth a few years ago, and is gradually extending to other
large seaports and fishing villages. It has the hearty sup-
port and co-operation of the Board of Trade.
EXCLUSIVE, VERY IMPORTANT, RARE, AND VALUABLE
an, the properties of Lamplough's Pyretic Saline, curing the
worst headaches, tick:nese, skin, or biliary affections. Pleasant,
palatable, sod inNigoratins. Sold by all Chemists.—CAdyt.j