The Sun.
London, England, 1844-04-15 00:00:00

MONEY MARKET and CITY NEWS

CITY, SATURDAY EVENING.,
An instructive lesson is given to British capitalists to
the following extract, as it shows that in most.instalige,s
where American capitalists, &c., are almost exclusivege
subscribers to railways, &c., some how or other tb
means are provided to pay interest. Not so with most. ,
of the shares held by foreigners—there is the poi,,
where repudiation begins. The facts referred to bolo
are serviceable to warn the public from laying out molleY
in the Michigan and Illinois Canal, to complete whit
1,600,000 dollars are asked to be raised in Europe.
the Canal, when finished, will be such a good
ment, why do not the Americans subscribe the car ,
required?
I. Annexed we give a table showing the total receipts;
expenses, and nett income of the railroads of New Bngt;
land. It is a very instructive statement to the .capatilsa
of this city. and shows that money invested in this The
of property produces rapid and profitable returns. ,-"1,1
average per cent. nett income of the twelve roads dile f
England, is a little over five. The average per cent ,
those paying dividends is nearly seven. There is a tfo
fold benefit arising from the existence of this clescriptigt:
of property. The first is the safety of the investmer!:
and the second is the good these improvements prothivT,
by developing the resources and wealth of the country' •
The railways are enumerated, and the results ar
The cost has been 21,613,380 dollars. Total receiPts;rl
1843-2,297,403 dollars The expenditure, 1,177 P 'a
dollars, and the profit 1,176,726 dollars. The comniee'
upon those figures are these :
Nearly every dollar of the 21,613,000 invested 1.0
these railroads is owned by the people of the six East!
States. Farmers, mechanics, day -laboureis, operatsfts,
in manufactories, in fact, those following all WO' it
who have a little money to spare, invest, it, as fast asio
accumulates, in these railroads. It is estimated that ti,s
stock' of these Companies is held by more individo •
than that of any other corporated companies in try
country. This is the secret of their success. Capita. 0,
invested at the beginning for a permanent restlll'ive
place. It is intrusted to individuals in whom the pub to
have the most implicit confidence, and it is invariably, ss
the last fraction, devoted to the purpose for which it l'of
appropriated. Thousands and hundreds of thousands:
dollars are not used up in counsel fees, salaries, and 10;
cellaneous items. In New England three roads ete
been built for what it has cost the Erie road of this stet
for commissions, brokerage, and counsel fees." 8
The usual return of the amount of promissory Ote
ro.
in circulation, made up the 30th ult., gives the folloWll4
results for the past month :

ENGLAND.
Bank of England, list time ...£21,47,1:0000

Now -
_____----_,.0
Decrease 629,uv;
,'Ow
Private Banks; last time.
Now
4,98 ,_,..,
__------ .
• 9,07 S
Decrease 3O '
Joint Stock Banks. now
Last time
Increase 75,17
SCOTLAND.

Chartered, Private, and Joint Stock Banks,
2610,7
, 19
Now 1
last time
73,419
Decrease ' •
IRELAND.
~00°

Bank of Ireland, last time

Now 3 573,-
-------0 0
Decrease 30,-ns ,
Private and Joint Stock Banks, last time 2,4213,',,,
Now
...„...--
--- o
Decrease
Zillion, now 162,,3422;"04:°00°1:
• Last time • l6 011,
Increase X3II,

RAILWAY EXCURSIONS.—On Monday and rpiie
last, several hundreds of holiday folks visited' Dove1:00
the South-Eastern Railway, the Company having P o,
a passage to Dover and back on those days at farhalf to
rt
On Wednesday, also, a special train was set f 1135,, the
convey passengers from Dover to London and baesuee
same day, at half fares. This opportnnity of a
trip has not, however, been embraced by se many
anticipated. Various causes may be assigned for of
bid the principal one appears to have been that rasilJthe'
the 'Londoners considered one day too short to see ,0.
" lions" of Dover ; and that many of the Doveriatil;tbs
sidered the same time insufficient to see those 0f we
great metropolis. If we were to judge by anal°,o'the
would say the latter
.premises were correct tho
Brighton Railway carried more than thousands 11 tbil
hundreds of holiday folks the Dover railway di"do6
week, the Brighton Company having allowed three the
grace in going and returning, instead of :confining,ltly
"there and back" to one day, as was done by the Q,
Eastern Company.—Dover Chronicle.
...eioro'
THE CONDEMNED MURDERER.—Yesterday
ing, a special messenger from the Home-office arrisf-or
York by the mail-train, bringing with him a respite 10"
week for George Lowther, who was convicted at the the
assizes of the murder of John Moffitt, gamekeeper tf.otei
Marquis of Normanhy, and who was to have been
this day.—York Herald, of Saturday. s P tit
•A
A wag says that in journeying lately he di
into an omnibus with a dozen persons, of whom P' itCr,
not know a single one. Turning a corner, shortlYl
however, the omnibus was upset, "and then," 0'1"
I found them all out."--.Hull Advertiser.

• BIRTHS.
On the 10th inst., at Windsor-terrace, City-road, 3fra.
H.
On Withnde 9r, a
th iof son. • tell°
n st. , at Leamington, the lady a De°
Edward Pelham Brenton von Donop, R.N., of a son. 4011!
On the 10th inst., the wife, of John Challice, Esq.- Sh
Grane-road, of a son.
Ong the 12th inst., at Devonshire-street, Portlau
Mrs. William Greig, of a son

MARRIED. rist°'
On. the 11th inst., at St. Margaret's Church, West
Mr. George Francis Trollope, of. Parliament-street,
stance, younger daughter of the late -W. Hawardi
Battersea, Surrey. ste
On the •-'6
11th inst., the Rev. W. D. Wilson, M. „rglit
Bircham Magna, Norfolk, to Mary Frances, fourth 13"
of the Rev. W. Wilson, Vicar of Walthamstow, Est°itobe%i
On the 11th inst., at. North Cadbury, . the Rev•
Blackburne, M.A., Rector of Selham, Sussex t°
Fiances, younger daughter of the late Charles
terbuck, Esq., of the former place. '

of
. DIED. Vil.,
On the Bth inst., Mary,.the wife of John Bogey,
dyning-hall, Lancashire. - - ,
ash, P'
On the 9th inst., at Langley, Bucks, Thomas .0 .
of
On Uton Lea. • • . lOC.'
ir e
- -the 9th inst., at Kew, the Rev. Henry ~ --it ,
9
Chi
On of Claughton, near Lancaster. - 'ir Cb
On the 10th inst., at Causand, near Devonport, `--
,- '
Mary Wentworth, Bart. poili
On .the 10th inst., at Carlton-terrace, Edinbutgb, ,e,
, Atilt'
Miss Guthrie, of Craigie.
On the 11th inst., at Bryanston-street, Port 9g.
Mrs. Pollard, aged 89. -,:
On the 11th inst., the Rev..T. Beck, of Deptford, la c°i
ejiet
r 4
On the 11th inst., at Stockwell, Surrey, Gel, iv,
the late Richard Lyne, Esq., aged 88. SUrre/'
On the 11th inst., at Weston, Thames Ditton;bn.- 4,
SPeer, Esq., late of her Majesty's Treasury; aged °`:r et Se° '
On the 11th inst., at Forton Lodge, Hants, Marg-
wife of Rear-Admiral Sir E. Chetham.

London: Printed and Published by MURDO
:No. 112, Strand, Printer, at The Sun Offc ,7,„%i
:Strand, in the Precinct of the Savoy, in th9*C"" .
bliddleaez, Monday, April 15, 1844. •

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