The Sun.
London, England, 1850-08-12 00:00:00

•
N°. 18 060.]
LONDON, 3 ONDAY e
r
w
7 1 y
r -
A UGUST 12) 1850.

NATIONAL LOAN FUND LIFE ASSU-
RANCE SOCIETY.

26, Cornbill, London.
Capital £500,000.
Empowered by Act of Parliament.

This Institution embraces important and substantial advantages
with respect to Life Assurances and Deferred Annuties.
Policies issued by this Society have a twofolq advantage :—provi-
sion for the tamily of the Assured, and as autmenting pecuniary
avat.lablexqourottolimself, if needful, while lying. The Assured
has, on'a7llkt asiens, the power to borrow, without expense, or for-
feiture of the Policy, two-thirds of the Premiums paid.

MINING INTELLIGENCE.
The Mining Journal furnishes the following informa•
tion respecting the progress of English mining ad-
venture:—
" During the past week thare'has been a large amount
of business transacted, but principally amongst the lead-
ing mines, such as Devon Great Consols, South Basset,
Levant, Condurrow, Tresaven, Trelawny, Mary Ann,
&c. At the Wheal Basset meeting the accounts showed
—returns from copper ore sold, less dues, 5,176/.•' and,
after defraying all mine costs, leaving a balance in hand,
after paying 2.5601. as dividend of 101. per share, of
507/. At the meeting of South Tolgus adventurer's, on
the 7th inst., the accounts showed the sales of ore to
have realised, leas dues, 1,232/4 mine costs and mer-
chants' bills, 1,033/4 showing profit of 1991.; add
balance from last account, 766/.=9651. A dividend of
2/. 10s. per share was declared, leaving balance in hand
3251. At the Esst Tamar meeting the accounts
showed—silver-lead ores sold, 1,034/., with a balance in
favour of the company cf 5361.; also an estimate for
the current two months, showing balance against the
mine on the 13th of October, 5371. ; also a state-
ment, showing surplus of assets over liabilities
1,2161. ' At the South Tamar meeting the ac-
counts showed—silver lead ores sold, 1,3891., and
balance in hand 2401.; also i‘ts estimate for the current
two months, showing 276/. against the mine ; and a
statement showingsurplus of assets over liabilities 1,5501.
At the East Godolphin-meeting the Pccounts showed a
balance against the mine of 632/ _ A call of 31. per
share was made, which will produce 768/. At the East
Wheal Frances meeting it was resolved to divide the
mine into 256 shares, and a call of 30s. per sizare was
made. At the Wheal Harriet meeting the amounts
showed a balance in band of 319/. The mine was divided
into 2,560 shares, and a call of 81. per share was made,
payable in four instalments. At the Wheal Hennock
meeting the accounts showed—receipts, 2531.; expendi-
ture 302/.; leaving balance against the mine, 85/. At
the Wheal Trefusis meeting the accounts showed a
balance against the mine of 647!. A call of 255. 3d. per
share -was made. At the Mineral Court meeting the
accounts showed—tin ores sold 6901.. and a balance
against the mine of 2,114/i A call of 51. per share was
made. At the West Wheal Beton meeting the ac-
counts showed—balanco last account, 1671. ; costs,
905=1,0721.; by ores sold, 429; call, 400/.; leaving a
balance against the mine of 242/. At the Old Brimpts
meeting the accounts showed that the outlay had not ex-
ceeded 1501., and tin to that amount had been raised.
At the Wheal Mary Emma (Lidford) meeting the'' re-
port of the present prospects led to the conclusion that
the present operations would leave a sufficient profit to
lay open the mine without another call. At the North
Wheal Friendship meeting the accounts showed—call,
5121; ore sold, 3721 ; and balance against the mine, 1341.
At the West Downs meeting at Tavistock, a call of 10s.
per share was made for the erection of a steam-engine.
At the East Wheal Josiah meeting at Tavistock, on
Tuesday, a call of 2s. 6d. per share was made. The ac-
counts of Wheal Friendship for the two months to the
end of June have been closed. The profit in that period
was 500/., and the ore sampled for the next sale is 208

tons."
With regard to foreign mining adventure, the leading
facts are contained in the annexed paragraph
"In foreign mines transactions in the following shares
have taken place:—St. John del Rey, United Mexican,
Copiapo, Santiago, Linares, Cobra, Australian, im-
perial Brazilian, General Mining, North British
Australasian, &e. Dispatches have been received
from the Worthing Mining Company, South
Australia, but they are of an earlier date than the
information we gave last week. Advices from Co-
piano have been received. In the Checo Mine the lode
in Harman's shaft was still large, with a good branch of
ore, 18in. wide. San Pedro was not quite so rich as it
had been. In La Compania they had a large lode, with
a good branch of ore, lft. wide; and in La Reyna a large
lode had been cut, which was expected to give large and
rich deposits of ore. The produce for April was 64
tons. In the silver mines improvements had taken place.
At Al Fin Hallada the ore produeed from 200 to 300
mares per cajon, and the others were favourable. In the
gold mines no change of importance had taken place.
From the Imperial Brazilian the returns only have been
received, which were from May 23 to June 2 :—Gongoa,
11b. 7oz. Bdwt.; Bananal, 111 b. 10oz. 13dwt.=131b. soz.
1 ldwt.; total from January 1 to June 2—Gongou. 801 b.
Boz. ldwt.; Bananal, 1381 b. 00z. 19dwt.; together, 1881 b.
9oz. At the Linares Mines the tribute pitches were
looking well, and progress was being made in sinking and
driving. The quantity of ore raised and dressed in July
was 93 tons. There is little ih the National Brazilian
advices except the returnF, which are—Cocaes, lme. 2oz.
6oit. 41gr.; Cuiabs, lmc. 3oz. 6oit. 51gr. 6c,z. soit.
20gr. At St. John del Rey the gold extracted to May
28 was 13,5330 it., the result of 20 days' stamping, or
15.270 it. per cubic foot."

THE WEATHER and the CROPS.
POTATO BLIGHT.—The Potato Blight continues its
ravages among us. From all directions we receive un-
favourable accounts, and in many places the haulm has
gone down as quickly after the first appearance of the
spot as in former years. To what extent the tuber is
affected is yet uncertain. It is to be hoped that the
general practice of early planting has placed the crop
in a more advanced state than on previous occasions.
From other parts of the country the accounts are con-
tradictory, and some of them would seem to show that
the blight is more malignant near the atm—Cornwall
Gazette.
Since our last the weather has not been so seasonable
as we could have wished. We have had two or three
fine days, but a large quantity of rain having fallen, it
has had a rather prejudicial effect on the cereal crops.
Some warm, dry weather is now indispensable, and with
that, we may yet have an excellent, if not an early, har-
vest. We regret to learn that the potato disease threatens
to prevail somewhat extensively this season. In the
neighbourhood of Carlisle several fields have already
been almost entirely destroyed. Over the country ge•
nerally the crops are spoken of favourably. The wheat
harvest has commenced in the neighbourhood of London.

—Carlisle Journal.
In the fine barley district between Chester and Wrex-
ham the crops are very luxuriant, and are ready for the
sickle; and in Lancashire and North Wales the oats are
quite as fine and a few fields are cut. The weather was
wet and stormy here yesterday, with occasional inter-
vals of sunshine; but on the whole the sumnier, so to,
has been highly favourable to the influx of visitors.—
North Wales Chronicle.
PORTHDYNLLAEN.—We are sorry that we have to re-
peat as in former years that the blight has again made
its appearance in the potatoes, but not yet to such an
extent as in furmer years, in this vicinity. Some small
fields of barley have been cut about this place, and in the
course of a week many more will be ready, weather per-
mitting.---/Vorth Wales Chronicle.

RAILWAY SHARE MARKETS.
BRISTOL, AUG. 10.
STOCK EXCHANGE.—We have little change to notice in
this share market. A small business has been done, and
prices generally remain stationary. The only alterations
are—Great Western, Whole Shares, 58—Oxford, Worcester,
and Wolverhampton, 8% Midland Stock, buyers, 34;
sellers, 34%.
LIVERPOOL, AUC4. 10.
STOCK EXCHANGE.—There was only a moderate business
done to-day, but prices were firm. The transactions were as
follow :—Lancashire and Yorkshire, Consol., 38 c.—Ditto,
Fifths, 9 7-16 dii—London and North-Western, 111.14 c.
—Ditto, New Quarters, 15-16 p.—Ditto, Quarters (C), 1%
p.—Midland, Halves, 24' dis.
MANCHESTER, AUG. 10.
STOCK EXCHANGE.—The share market was dull and in-
active to-day, and prices are rather depressed.
BIRMINGHAM, Ara. 10.
STOCK EXCHANGE.—Two events which have occurred ii
this immediate neighbourhood during the present week—the
temporary, if not permanent, settlement of the dispute be-
tween the Stour Valley and Shrewsbury and Birmingham
Railway Companies with regard to the occupation of the
joint station at Wolverhampton, and the final transfer of the
South Staffordshire line, upon lease to Mr. M'Clean, for 21
years—are likely to produce a favourable effect upon the
stocks of the Shrewsbury and Staffordshire Companies.
An improvement in that of the latter is already apparent.
Shares were quoted to-day at 4 and 3% dis., and Shrews-
bury and Birmingham (A) were transacted yesterday at 9%
dis. Stour Valleys, guaranteed by the London and North-
Western, remain steady, and were done this morning at
33 ; sellers, 34—Bir-
9/. is. 3d. per share. At the close of the Stock Exchange at
noon to-day London and North-Western stood—buyers,
ml liOn4,gh;amse,iwierosivel IrVamMpitdolnan,
adn,d Dbuyuedrlse,y,
buyers, 7%; sellers,
8 p.-,-NorthlStaffords and Shropshire Unions were not in the
market.

CAPTAIN AUSTIN'S ARCTIC
EXPEDITION.
The anpexed journal, from a private correspondent
in Captain Austin's squadron, will not be considered
uninteresting :
Saturday, May 4—Sailed from Greenhithe.
Friday 10—Anchored in Stromness, nothing worth
noticing having occurred during the passage, with the
exception of a man falling overboard, who was saved.
Wednesday, 15—Sailed for Davis's Straits, Resolute,
Assistance, Pioneer, and Intrepid, the two former being
in tow of the Lightning and Dasher steamers; light airs
from the westward. 3 P.M. Engine of Intrepid stopped;
being no engineer cannot tell what was the cause. 530
P.M. Pioneer took Intrepid in tow, so as to enable her to
close the commodore. 8 P.M. Steamers cast off from the
ships, giving us three cheers as they parted from us;
moderate breeze from the northward and eastward;
standing to the northward and eastward during the
night.
Thursday, 16—Weather cloudy; moderate breeze from
the N.W.; standing to the N.E. 6 P.M. Wore ship;
squadron in company,
Friday, 17.—Weather, cloudy; moderate breeze from
southward; steering course; squadron in company.
Saturday, 18—Weather, cloudy; light breeze from
the northward. 4 P.M. Wore, and stood to the westward;
squadron in company.
Sunday, 19—Weather, clear; light breeze from the
N.E.; steering course under all possible sail; steam up
greater part of the day; squadron in company.
Monday, 20—Weather, gloomy; atmosphere, hazy;
moderate breeze from the eastward; steering course
under all possible sail; steam up greater part of the day;
squadron in company.
Tuesday, 21—Weather, elear; gentle breeze from the
eastward; steering course under all possible sail. 10
A.M. All commanders communicated with the commo-
dore on board the Resolute. 4.15 P.M. Signal to
Pioneer and Intrepid to take Resolute and Assistance in
tow., 4.30. Assistauce in tow of the Intrepid. 7.15.
Resolute in tow of Pioneer, rather', slack work on the
part of the .latter;' heavy head swell on towing
Assistance four knots—lat. by observation 59 52 N.,
long. 15 50 W.
Wednesday, 22—Weather, rain; with moderate
breeze from the' southward. 4 A.m. Cast off Assistance;
steering course under all possible sail; squadron in
company.
Thursday, 23—Weather, rainy great part of the day;
curlews and other land birds hovering round the ship,
probably come off from the coast of Iceland; steaming
about three hours in the course of the day—lat. by ob-
servation at noon, 59 23 N., long. 24 1 W.; squadron in
company.
Friday, 24—Weather, cloudy; moderate breeze from
the eastward; steering course under all possible sail;
squadron in company.
Saturday, 25—Weather, rain; calm early part of the
day, latter part light breeze from the south-west; steam-
ing about four hours in the course of the day; squadron
in company.
Sunday, 26—Weather, rain ; light breeze from the
north-east until 10, P.m., when it came on to blow fresh
from the wuth-east ; steering course ; squadron in
company.
bytopsail at noon,
observationsquaresail,
n
Monday, 27—Weather, cloudy; blowing a fresh gale
from the eastward; ships steering course under close-
reefedos
oc carryinghmosoanilea_ri
st .
58 59 N., long. 37 19 W.; squadron in company.
Tuesday, 28—Weather, cloudy, passing showers; fresh
adc close-reefed tecTrseaeiflesd; b
breeze from the north-east; steering course under all
plain sail. 11, A.M. Sighted land, supposed to be
Cape Farewell, bearing N.W., distance about 50 miles;
latter part of the day dense fog; passed some straggling
pieces of ice.
Wednesday, 29—Weather, clear ; moderate breeze
from the southward; steering course to the northward
under all possible sail; passed some straggling ice and
berg pieces; squadron in company.
Thursday, 30—Weather. clear; early part of the day
calm, latter part light breeze from the northward; stand-
ing to the S.W. 3, P.M. Observed a strange sail
to the westward, which proved to be the Emma Eugenia
transport, bound to Whale Islands ; squadron in
company.
Friday, 31—Weather, cloudy; light breeze from the
westward; steaming greater part of the day; in the
course of the forenoon Resolute communicated with
transport. 6 P.M. Wore and stood to the S.W.; squad-
ron in company,
Saturday, June I—Weather, cloudy; blowing a fresh
gale from the N. W.; trying to the southward and west-
ward, under close-reefed sails; squadron, including
transport, in company.
Sunday, 2 Weather, cloudy; early part of the day,
moderate breeze from the N.W.; standing to the south-
ward and westward. 1 P.M. Observed a strange sail
standing to the eastward, which proved to be a Danish
brig of war, supposed to be bound to Uppernock. 2.30
P.M. Tacked to the eastward; squadron in company.

7clear;T alightTicked
e d breezelind fromom utnbie.
en
ao
trjletidwo nawrdidat andhy,
Tuesday, 4--Weather, cloudy; light breeze from the
N.W.; standing to the southward and westward; steam
up several hours in the course of the day. 5.31. Some
sptaeered course. 11.30. Engine repaired, got steam up;
part
steered
the engine broke down; tacked to the N.W., and
squadron in company.
Wednesday, s—Weather, cloudy; moderate breeze
from the westward until 6 P.M., when wind veered to the
eo3mw—meWsotdweotarterh . de. r
northward; tacked, and steered .to the westward; steam
up the greater part of the day; squadron in company.
Thursday, 6—Weather, rain, accompanied with a
dense fog; strong breeze from the northward; steering
course, under all plain sail; squadron in company.
Friday, 7—Weather, hazy, with rain; moderate breeze
from the S.E.; steaming greater part of the day, to enable
us to keep company with the squadron.
Saturday, B—Weather cloudy, with passing showers
early part of the day; wind from the south; steering
courae, latter part wind veered to the N.E, and set in
dense fog; squadron in company.
Sunday,9—Weather, misty; light breeze from the N.E.,
latter part of the day calm; squadron in company.
Monday, 10—Weather misty, early part of the day
calm; 6 A.M., according to signal, Pioneer took Resolute
in tow; Intrepid the transport; Whale Islands bearing
N.N.W.; distance, 290 miles; 12 noon lost sight of As-
sistance • dense iog during the whole of the day.
Tuesday, 11—Weather, dense fog, calm; latter part
clear; 8 A.M. passed a large iceberg, about 1f mile in
circumference; 3 P.M., passed a stream of ice; ships in
tow of schooners, as yesterday.
Wednesday, 12—Weather, cloudy, light breeze from
S.E; 12 noon, 16 icebergs in sight; 12 midnight, ob-
served altitude of sun 3 deg. above the horizon; ships
in tow.

_Thursday, 13—Weather, clear,l
nldi,ghwthicbhrepezronvferdomtothbpe
northward; 1(1 A.M., sighted
the Island of Disco, bearing north, distance about 70
miles; ships in tow.
Friday, 14—Weather, clear,
transport, Pioneer, and calm; 11 A.M., Resolute,
Intrepid, anchored at Whale
Islands in seven fathoms water, averaging about 24 miles
per hour; greatest rate of to
a dead calm. wing five miles per hour in
I may observe that with the wind right ahead they
can make little or no headway in
fortu-
nately for us in this towing match towing, but
or the wind favourable, so as all we either bad a calm
sails would draw.
Saturday, 15—Weather, clear; light airs from the
westward. 5 A.M. Got steam
and proceeded in search of s up, weighed slicker,
Ob-
served Assistance bearing S.S. Assistance. 6 A.M.
miles. 8.45. Took AssistanceW., distant about nine
An-
chored with Assistance at Whale in tow. 1 p.m.
shows but little in favour of to t.de Islands, which result
w
sistance having been off the h arbour's mouth at 9 P.M.
ing by steamers, the As-
Danish brig of war which
also arrived off the islands we saw on the Ist of. June
Pearl. last night; her name is the
The following is from another correspondent:—
Her Majesty's ship Assistance,
May 22,
•
lat. 59 40 N., long 20 W.
Having a spare half-hour on hand, iind knowing
the
interest you feel about the expedition, I
cannot employ
it better than in giving you a short account
pro-
ceedings since leaving the Orkneys. or
cot of our
se
you receive this, you will have beard that we left that
long ere
place (the Orkneys) on the 15th instant, in tow of the
steamers Dasher and Lightning. We fully expected
that they would have accompanied us at lest 100 miles
to the westward of the islands, but in consequence of
some derangement in the Intrepid's machinery, she
could not keep way-with us; we therefore cast off tow
m at six P.., about 20 miles teethe westward of H aywaas,
wind light at south-wont.
At eight the steamers parted company. f Be ore doing
so we exchanged a few hearty, English cheers, and pro-
ceeded on our different routes. The south-west wind
continued until the 17th, when it hauled round to the
north-east and south-east. Last evening, it getting very
light, our tenders took us in tuw, and tugged us nearly
34 miles per hour. This morning the breeze again
freshened from the south-east; cast off, and we are now
bowling along on our course seven knots per hour.
May 28—We have had a glorious run since the 22d;
this morning, at eleven, made Cape Farewell, bearing
due north 60 miles; so far we have made a splendid
passage; we rounded the Cape at 60 miles distant; in
the evening fell in with some loose sailing ice; very
foggy during the night; fired guns occasionally to show
position; sailing through loose ice during the night.
May 29—Fine clear weather in the evening; made ice
ahead, apparently forming an impenetrable barrier;
calm during the night.
May 30—Lights airs from northward; stood along
the ice, which proved to be a heavy stream of small
bergs, closely packed; seeing to clear passage to the
north-west, stood through it, andjet into clear water;
this afternoon we observed a sail to leeward, which
proved to be our transport.
May 31—Transport joined company: found that four
of , ur bullocks had died on the passage; a great loss
for us.
June 1 to 10—We had variable weather; gales from
the northward, principally light north-easterly winds;
we are now in hit. 64 30 N., long. 55 W.; it being calm
the commodore has decided on being towed; ott,r tender
the transport in tow, and the Pioneer the Resolute; we
are left alone in our glory; we lost sight of them in the
afternoon; 'I am sorry to say we saw another of our
bullocks floating past this evening; the weather hes been
rather cold, thermometer 4 des! ez below the freezing

point; we are all quite well and in high spirits, but much
annoyed at being so long in getting to our destination.
shall keep this open until the transport is about to
leave us, and let you know what we have done up to the
last moment.

June 13—We crossed the Arctic circle yesterday.
Last night the sun did not set; at midnight it was 1 drg.
20 min. above the horizon; I got a latitude by it; we
passed four icebergs, about 100 feet high, yesterday,
aground in 300 feet water.

June 21—We arrived here (the Whal© Fish Islands)
on the 15th, and sail again to-morrow if we can get the
transport clear; she has about 70 tons of coal left in her,
and she requires ballast before that can be taken out;
we work at her all night, to get her clear if possible. We
are all well, and very anxious to get on. Penny left this
on the 10th of May; it is supposed to bo a close season
of ice; we shall probably overtake him. I must con-
clude, as I am off to the transport.
June 22—The captain has just returned from the
Danish settlement of Lively or Goothab. The Governor
informed him that Penny had arrived there on the 2d of
May, and sailed again on the 4th. We cannot go to-
night, the transport not being clear.

be separately numbered, as, laelosure No. 1, in letter
No. 32, of 1850.

RAIL WAY INTELLIGENCE.
LONDON AND NORTH-WESTERN.
The half-yearly accounts of the above company have
just 13; en circulated.
The auditors i❑ their report, which precedes the state-
ment of accounts, say:—
" Having regard to the full statement submitted to the
proprietors at their last meeting, we do not propose on the
present occasion to enter into much detail.
" The annexed report from Mr. Coleman, the public
accountant emplo) ed, will show that the principle of a
continuous audit has been acted upon, and that the result
of a minute personal examination of every entry enables
him confidently to affirm the correctness of the results
as submitted to the proprietors.
" The s) stem upon which the accounts of the company
are conducted is simple and efficient, and renders their
examination comparatively easy.
" le accordance with the resolution passed by the pro-
prietors at the last general meeting, we have caused to
be prepared a statement of the disbursements on capital
account to the 30th June, the particulars of which will
be found embodied in the report of the accountant.
"The debenture statement 30th June shows a diminu-
tion of 256,0001., as also a very favourable change in the
average rate at which the money stands borrowed.
"In the balance of the ' stores on hand' and works
in progress' there is a further reductton, the actual stock
being tested on the principle of a continuous verification,
and the measures adopted being calculated gradually to
reduce the stock to the lowest amount consistent with
the requirements of the service.
" The system adopted for the repair and the renewal
of the working stock, which we reported at the last halt-
yearly meeting as satisfactory, still continues in opera-
tion. Subsequent inquiry, and personal observation at
our principal locomotive establishments, confirm us in
the opinion we then expressed as to its sufficiency."
Then follows the accountant's report, which is ad-
dressed to the auditors, which report we append:7—
" Gentlemen,—ln accordance with your instructions I
have during the last six months made a continuous exa-
mination and audit of the accounts of this company, in
the course of which I have carefully checked every item
of receipt and expenditure, and in addition to examining
the general books and documents at Euston station, I
have had an opportunity of testing the system in opera-
tion at Wolverton and Crewe, the principal stores'
depots. The result of the whole has been to fully con-
firm the opinion that I gave in my last detailed report
to you, that the system of account adopted by the board
of directors, and carried out under the responsibility of
the committees, is calculated to secure a correct and effi-
cient control throughout this vast establishment.
" I have also, pursuant to your instructions, prepared
and now submit the following statement of the disburse-
ments on capital account:—
STATESIENT Of the DISBURSEMENTS 00 the CAPITAL ACCOUNT,
prepared in reference to the Estimate submitted to the
Proprietors on the 22d of February, 1850.

..
0,1 5
::, .-, C 3 tyv 1 ...II 03 .--.
(.7( Oo Cra -... t. 5 tto co t, .....-/ ...1 tO 00 .. eo ov Es.
? .7..4 C 1 p.35.3.{.0 CD 04.UD GO nli !ir ,-. 0 0
-. .. C> oal o . ld. COO la .l-9 ..-- °
lI,D §.4 C.* CD CO (... ...1 4 cr, cp .- c 4 'IC -a; P
Gn Cn h."' 2. ".
crt Or+, CD cn UD *- 6g. -cip, c,
... .."' ....)
C CC bO CD 0 0 NCO I-. CD CD CD t.:* 07 ,/ ,/ ~,, Cf.
C.,-;•4. 6, tn
01CD CD cp 6CD 01r• t.., VCD 6 (ol''' I • a ri!'
C-1 71 CI b.,
gro ,T, .-, ,-.5-3 no -. c)..4 c.. .-. co o
tz
.P. 1 4-.. co ; r.,;' 'c,, co o‘loc.ip cc tzlo-4. i#, co -a
.- C 0.... -t., CO-.I—CC
-.4 :1 .' '. 71 r- r. ....4 Oa QU CO a) V., 46 CO .., g
O' . (i).p ...
„ _ _ - - - _ to
C 0 GO " ' GO 0 4.. Co 14 O 0 -.1 .- 03 CC . .-c:,,,
CO .' CY CC
0a 0 ~...
A, 6- pE . 0 0en.—4.0, Q, c 4 ~.. .4 CL p c
4., I .... ~,, CD Ol 1,.
Cn cz 00 t) - ..- u, t„,, •-• CI Cy. c., eci
.::.' ..'',:' ' S. 'o 2') --,.c.:-"'.P.P.P3.50 re
41 o -.1 moo .... ,-, ao -4 '''
-4 ....e. - cr z«,
--.. c:—.., 172, .
cD
c'
C'
° C C 2 C) iZ Zi ,7.2 5? g' 4 tP, s It!
... ~., _ ~... „„..
r- CD r- F 6 0 .A. uD Cn c. Gn G 0 4). Oto Ch.-, 9. E,5
5
oo CC oo OT C 4 b 0 Co :::: 6 ::.w. up P. ...4 0. I 0

" The above are

,xclusive a the following not provided

Jr in the estimates:—
ells on shares in the Lancaster and
Carlisle Railway ... X 10,491 13 4*
;ails on shares in the Manchester,
Buxton, and Matlock Railway ... 2,375 0 0*
Charge for locomotive engines, &c. ... 3,505 3Of
" I may add that the above estimate is the aggregate
of 175 minor estimates, which are again subdivided into
415 distinct heads, to which the several payments are
posted as made, the whole being balanced and submitted
monthly to the committee specially appointed for the su-
pervision of this expenditure.

"I am, Gentlemen, yours faithfully, &c.,
" J. E. COLEMAN, Public Accountant.
"London, Aug. 8, 1850."
The" statement of the joint-stock capital" shows that
the total joint-stock capital upon which dividend or inte-
rest is payable is 22,467,2811. Of this, 15,645,976/. is
entitled to full dividend; 2,341,680/. entitled to full divi-
dend, less 5 per cent. on amount not called; 4,209,6281.
entitled to 4 per cent. dividend upon amount called until
July, 1852, after which time full dividend; and 270,000/
entitled to interest at 5 per cent, on the amount called,
and half surplus profits beyond that rate. Tha calls in
course of payment are 231,0101., and the calls which may
be made 3,408,2851.
The amount expended, and upon which dividend and
interest are charged to revenue, is stated to be
25,457,808/, and the entire expenditure to 30th June
last to 28,692,566/.

The debenture debt is ststed at 9,922,181/. Of this
the sum of 4.174,4781. 10s. 2d. has been applied in pay-
ment of calls in, and raised specially for the use of,
subsidiary lines connected with the company, and re-
presented by the capital of the respective undertakings;
leaving a balance of 5,747,7021. 10s. 2d. appertaining to
expenditure on main line and branches.
The expenditure in respect of capital account has for
the half-year been 191.949/, under the head of " stock
in hand and works, including, stations, tunnels, bridges,
permanent way, wharfs, warehouses, Parliamentary,
legal, and all incidental charges." The following are
the details of this item of expenditure:—