The Sun.
London, England, 1845-09-19 00:00:00

YORK, SEPT. 18.

STOCK EXCHANGE.—The sales are—E.astem Union Exten-
sion, 514—Newcastle and Darlington Junction (New Brand-
ling, 45—North British, New, 71/8 ex n.—York and North Mid-
land Extension, 303/4—Clitheroe Junction, 576—Coventry,
Nuheaton, Birmingham, and Leicester, 41/4—Grand Union, 4
—Leicestet and Bedford, 4/. 6s. 3d.—London and York, 7
Manchester, Buxton, &c., 11—Nottingham, Erewash, and
Ambergate, s—North Western, 674-Welsh Midland, 4%.

RAILWAY INTELLIGENCE.

EXETER AND CREDITON.

EIMER, TinTitsDAY.—This Company held their first meeting yes-
terday, at their offices, Exeter. Mr. Henry Hooper, Vice-Chairman
of the Board of Directors, in the absence of the President, took the
chair.
TheSECRETART read the report of the Directors, which stated that
notwithstanding the report of the Board of Trade recommending the
postponement of the measure, as well as private opposition, the Act
received the royal .assent last July ; that since then .the Directors
had not had time 10 do more than accept certain contracts from
parties for the supply of rails, &c. ; that the necessary purchase of
land would be completed with all dispatch consistent with economy;
that the terms upon which it was proposed to lease the line to the
Bristol and Exeter Company were, that the; latter were to take a
lease of the line in perpetuity, they paying a rent of 3,0001. per annum,
and one-third the gross receipts above 7,0001. per annum, which they
may reserve ; that the project which had been laid before the Board of
Trade by another company for making a line to Barnstaple and
Bideford, tia Colebrook, and the vale of the Taw, and to be connected
with this line at Credition, had been postponed on the recommenda-
tion of the Board of Trade, and its promoters had since united with
the Great Western, the Bristol and Exeter, and South Devon Com-
panies, in order to assist in carrying out a more comprehensive
scheme, which would have the effect of bringing on to the Exeter
and Credition line, not only the traffic from Barnstaple, Bedford,
and the north, but also that of central Devonshire, and a consider-
able portion of Cornwall. But the directors proposed to allow four
per cent. upon the deposits already made, and upon all future deposits,
but not upon future arrears. That the expense of the company up
to the obtainment of their Act amounted to 2,528/. 10s.,.which left an
available balance in hand of 9611. 10s., and that the prospects of the
company had improved Since the commencement, &c. Mr. Robert
Dymond, the engineer, stated in his report that since be
received orders to _proceed with the works, he had com-
pleted the marking out of the line, and hoped soon
to complete arrangements for the purchase of the necessary quantity
of land from opposing landowners; that he had made some triiiingde-
vtations from the precise line originally marked out, but' the effect
would be to reduce the expense of the line, while less injury would be
(wile to private property. That tenders had been advertised for, for
completing the works of the line, except about thirty chains of that
part of it which joined the Bristol and Exeter line, the formation of
which the engineer intended to defer until after the ensuing winter.
The reports were then unanimously adopted, after which the audi-
tors were appointed at a salary of 51. ss. each. A salary of 1001. per
annum was fixed as the secretary's remuneration.

THAMES, SOUTHEND, AND NORTHERN AND EASTERN
JUNCTION:.
COGGESIIILL, TIIERSDAV EVENING.—This afternoon, at one o'clock,
a respectable and influential meeting of the inhabitants of•this town
was held at the White Hart Hotel, with a view of affording the pro-
- moters of the above scheme an opportunity of stating the merits of
the undertaking.
Mr. an extensive merchant in the town, was called to the
chair, and, in opening the proceedings, observed that, for the well-
-6 doing of the town, some more ready and cheaper communication than
634 the present was extremely necessary. According to the chart of the
project he did not see that their town would be benefited more than
any other on the line, and therefore he was sure that a feeling of jea-
lousy would not be imputed to them however they decided. There
were a number of projects brought forward, professing to confer
considerable advantages upon the county, but most of them fell far
short of interesting Coggeshall.
Mr. J. TAPPING, of the Middle Temple, said the promoters were
desirous of supplying the county of Essex with a railway of its own,
and running a complete angle across the county from the south-
- eastern coast to the extreme north-west point ; thereby affording
ready and cheap communication by rail to the many towns In the
district that were at present ansupplled. The line was intended
be formed from the commodious seaport of Southend by itochford to
Chelmsford, and then crossing the Eastern Counties proceed towards
the north-west to Dunmow, and form a junction with the Northern
and Eastern at or near Saffron Walden, with branches from Roth-
" ford to Burnham, from Maldon to Great Baddow, Dunmow to Brain- -
iree and Coggeshall„ to join the Eastern Counties' Railway at Marks
Tey or Ferring, and from Dunmow to Bishops Stortford, thereby not
only opening a communication with and connecting all the most po-
pulous market towns of Essex, but by its junction with the Northern
and Eastern Railway at Saffron Walden, provide the cheaper and
more direct means of transit from the manufacturing, commer..
. .

cial, and agricultural provinces of the kingdom to the river
T., Thames, and thereby avoiding the present expensive and :circuitous
Vi route through the metropolis. As regarded the branch across the •
Eochford Hundred, the promoter feared from the peculiar description .
of the land, that it would cost a considerable sum in constructing,
and not realise a sufficient return for the capital expended upon it.
The engineers, however, of the project were at present actively em-
- played in making a full survey of the property, and according to
their decision the promoters would be guided. The branch contem-
plated to run fromillishops Stortford on the Northern and Eastemline,
by Dunmow, Braintree, &c., to the Eastern Counties, would, from the
extensive manufactures in that town, much benefit the district. In
the town a great quantity of coal was consumed, and the promoters
intended to supply either the sea borne fuel or that from the Stafford-
- shire collieries, at a much cheaper rate than was at present. The
county was principally supplied from Maldon, and the meeting would
know that there was a navigation up to Chelmsford ; but it was so
serious a monopoly that all of them suffered by it. The present ave-
- rage cost of conveying coal from Maldon was at the rate of 35.6 d. per
ton. Now the promoters undertook to say that they could furnish
that commodity at the reduced price of Is. per ton. The promoters •
intended to form at Saffron Walden, Braintree, Chelmsford, and
7., Southend, depots for the storage of coals, which would be
3_ brought by rail direct, via Lyme Regis, Ely, 'thence on to the Nor- •
zhi them and Eastern, and which would afford a more regular supply -
"'- with a great reduction from the present price. A direct line of rail- •
way from Coggeshall to Bishops Stortford would be productive of the
most beneficial results to both towns, in conveying their corn at once
up to the London markets, instead of housing it for the want of a
suitable and reasonable conveyance. They were aware that the for-
- matron of a railway produced traffic, and when a cheep and ready
mode of transit was afforded to the fashionable watering-places
of Southend, Walton-upon-the-Naze, and others on the Essex
coast, they might rest assured that a large number of persons resid-
ing at Braintree, Bishops Stortford, and Saffron Walden, would flock
to these places. Southend also offered so many facilities in the ship-
- ping and Continental interest, and the promoters had sanguine hopes •
that in the course of time it would become an important port for
foreign packet boats. Lord Maynard, one of the principal land pro-
- prietors in the county, had inspected their surveys and had approved
of them on certain conditions, and those of a very trifling character.
The total length of the line would be eighty miles.
* After some discussion, a resolution, approving of the undertaking*.
proposed by Mr. Unwin, supported by Mr. Hall, was carried unani-
-- mously, a local committee being appointed to co-operate with the pro-
- visional one in London.

RAILWAY TO POOLE.
' On Thursday a public meeting of the inhabitants was held at th4l
Guildhall, pursuant to notice, to take into consideration the proposed
railway from Manchester, ria Cheltenham, to Southampton and
Poole, through Salisbury. The meeting was most numerously and
respectably attended, and a deputation of gentlemen from Manchestee
and Southampton was present. The Sheriff, W. Pearce, Esq., having
taken the chair, opened the business of the meeting, and called 071
G. L. Parrott, Esq., who stated that he had recently returned from
Manchester, and tat it was the wish of all the leading and influen-
tial and mercantile men with whom he conversed in that place, that
there should be a direct line to the Southern ports, and that the line
being already formed to Cheltenham, it would commence from that
place.
JANES WALICINsiIIW, Esq. (the deputy chairman of the Company).
next addressed the meeting, stating the reasons why the merchants -
in the north were anxious to have a direct line—a delay often occur-
ring by the detention of letters in London, by which they were placed ,
In a disadvantagebus position: adding, that the line had received
such assurances of support as would insure its being carried throng!'

. _
the next session of farliament.
The first resolution was proposed by the Mayor; and. various tea;
- tions were put by the advocates of what is called llir,La _
_med
-
who first proposed theline from Salisbury tchronlei.l44. "Itlte:,,lisiat %sec!" very
- evident.that the Salisbury and Yeovil-461thpallY
: lhaetwelyeveenrt,eirtat
~li:sedstaant
discussion took place
borough to Poole, through Salisbury.. fines, as to which would be
yedidetahaotf
tghoeinygwtoeuithcleibnorrgorthig
.sofusSalisne
frbotuzi .131:r7:
soinediscotl:2oll-th.orlin,n,
-0,, between the advocates of the respec r from Marlborough or from
- : the shortest route to Salisbtu7.-wheti'e
- Ludgershall. endment, that a delay of a
~.nanam .
-..
GILES LEDGAZD, EMI.. Pr°7o7 , tang, 809nded, called up several
tat: p...l*ce,,rwerepto- dr delay, and Others against it. In
fortnight
n, replied to the remarks of many or
- Mr. BRING iov
gentlemen,
7. n.;rtoi speech urged a decision in favour of
-- the midst o
- the ePeake.mrt "h
drePresented, pledging himself that they would meet
- the Company the. inhabitants, by adopting the best line, and bringing
-- the wishes of
Before the amendment could put from the chair, a great deal of
- the line into the north-east side
beof the town
cross-
firing took place.
-
- -Mr. icsrwßutty; from Manchester (one of the deputation), ad-
- dressed the audience.
-31 K. Ledgard, Mr. Pike, Mr. Brown, and others, put queries and
- entered into explanations; and after two hours' discussion the
- amendment was put, when only a comparatively small number
voted for it. The original motion was then put, and tarried by a
large majority.
3 Other resolutions were proposed, seconded, and carried ; when the'
-
- meeting, which had occupied upwards of three hours, was brought.
~,, to a close.-Salisbury Journal. •
AA It should be mentioned, that during the proceedings Sir Ed.'
- Doughty, Bart., of Upton House, desired his name to be with.,
drawn from the Provisional Committee of Lacy's line, stating that,
he had jollied it in the belief that it was the Manchester and
- Southampton project; and F. F. Rogers, Esq., of Longfleet, stated
- that his name had been placed on Lacy's line without his authority

GREAT NORTHERN COALITION.—A meeting of the Directors of the
Grand Junction and Manchester and Leeds, North Union, and Liver-
pool and Bury Railways, took place at Liverpool yesterday, at which
the final arrangement of leasing the North Union line by the Grand-
Junction and the Manchester and ,Leeds Companies was agreed to,,
the Grand Junction to have the uninterrupted use of the north and
south line from Parkside to Preston, and the Manchester and Leeds
of the east and west traffic front HORon to Preston ; thus giving the
Grand Junction a line from. Birmingham to Carlisle without an in-
tervening interest, and the Manchester and Leeds a line from Gooli
to Preston east and west ; and the same day the terms of agree,
ment between the Manchester and Leeds and Liverpool and Bury
Were ratified. It now merges into Manchester and Leeds stock, thus
giving them a direct line from Leeds to Liverpool, passing through
the important towns of Wigan, Bolton, Bury, Rochdale, Halifax, and
Bradford, to Leeds, and from Leeds on to Hull by the shortest route i
and with the exception of 17 miles of the West Riding Union, the
whole line is already either made or in the course of constructlon't
indeed, this line will now embrace the ohief towns and ports of the
great counties of York and Lancaster, stretching from the 4t. George's