The Sun.
London, England, 1828-06-12 00:00:00

110,210

Total cost of site, works, buildings, &c 1,721,488
Estimated value of freehold property, which the _
Company were compelled to purchase under
the act, not required for the immediate pur-
Pole thereof, but which is available for
re-sale, producing an actual rental and large
reversionary interest ... 105,660

• Total outlay £1,827,143
At the meeting in February, 1827, it was suggested
In the repots laid before the proprietors, and appro-
•Ved of by them; that the amount which would be
Wanted beyond the subscribed capital to complete
the total outlay, should be borrowed under the pro-
visions of the Act, and a sinking fund formed for
the redemption of such loan, the capital continuing
at its. present amount of 1,352,752/. The directors
toincitling in the opinion so expressed by the pro-
Prietors, now recommended that the amount requi-
ted should be raised by lean, in prefetence to any
extension of capital. In the event of their recom-
mendation receiving the sanction of the proprietors,
they would take measures for raising the requisite
'um by debentures, to be issued on the security of
the rates, in the form and on the conditions prescri-
bed by the Act. They further stated, that on such
lutfe security as could be' offered the money would be
obtained on very moderate terms, especially as it
Was only to be raised by partial instalments, the
Whole not being ,wanted till the autuma of
It was also in contemplation to make provision for
sinking fund, for the redemption of the loan.
The CHAIRMAN expressed his hope that the
measures of the directors for their common interest,
announced in the report, would receive the decided
;unction of the respectable proprietors-assembled. It
lad been considered prudent to conclude the nego-
tiations for those purchases before their intentions
should have publicity, otherwise unforeseen obstruc-
ns and difficulties might have arisen to defeat the
°Foject altogether. Among other advantages to be
derived from the improvements to be contemplated,
they would be enabled to erect a crushing mill and
other buildings connected with the manufacture of
Igar, besides indigo warehouses, and additional
counting-houses. The accommodation of the dock-
°lfices would be likewise considerably increased by
means of another story. As the directors in all their
arrangements bad acted to the best of their discretion
for the benefit of the company, he could not antici-
Pate any dissatisfaction on the part of the proprietors.
kr. P. THOAISON, M.P., in moving that the re-
-B°i
he received and approved of, expressed in the
~.ongest terms his approbation of the statement
7llich had been laid before.the gentlemen interested
"i the prosperity of the company. It must, in his
t/Pinion, be a source of gratification to all of them
t 0
Perceive that their hopes were no longer founded
merely on calculation, but on the solid tangible proof
clf successful enterprise which the edifice lately built
at length exhibited. !t was a noble and magnificent
Piece of architecture, combining at once ornament
With utility,
and symmetry with-strength.
The resolution which also gave the sanction of
the
proprietors to' the additional purchases and ex-
tension of the Works, was seconded, and. carried by
universal consent.

Mr. A. ROBARTs complimented the directors on
the exertions by which they had so far advanced this
Vent national work, and declared his implicit confi-
dence in their continued labours for its completion.
s.'he resolution which this gentleman proposed con-
-I:Yed the opinion of the proprietors in favour of a
4n, and empowered the directors to borrow
',u00,000/., or so much of that sum as they might find
necessary for defraying the increased expences inci-
dental to their undertaking.
Seconded by "Mr. J. CAPEL, M.P., and carried.
A vote 'of thanks to the Chairman, Deputy Chair-
(t!l and the other directors, was then moved by Mr.
J• Martin, and also carried.
Thanks having been likewise voted to Thomas
; tOoke, Esq., chairman on this occasion, the pro-
. Ptietors departed, having first given three loud cheers,
'IA testimony of their unanimous satisfaction.

A report is revived that steam-packets will
ittortly be established, to ply from Exeter to Loudon, under
th" proprietorship of the new Shipping Company, who are
Vapidly establishing themselves in this city.—Exeter
Ilfred.

We find that, in consequence of the actual
:4'aveitig-in of one-pound notes of the provincial banks, the
14eonvenience of adeticiency in the circulating medium is be-
btu:ling to be very seriously felt, particularly among the
tall farmers. The prices of agricultural produce must
ghquestionably be affected by the circumstance.--Exeter
41fred.

TRADE.—In the town of Kilmarnock, a ma-
44faeture has lately been established, which has increased
kiauch an extent that it may be considered as the staple of
that town. It consists of printed worsted shawls, in imita-
tien of those produced in Paisley with harnesses, and it will
I:b.rY soon, if the colours prove good, have the effect of
Putting an end, at least in a great degree, to the ma-
!lufacturing of loom figured worsted shawls. The cloth
generally, a mixture of cotton and worsted, and
"e figure* printed on them are very beautiful, and at
little distance appear like real harness figures. There
ate no less than seven or eight establishments in Kilmar_
h
~°°lc for the printiug of shawls, and others are incontern-
Zion. They cost from bs. to 12s. according to pattern,
tome even higher. The carpet trade is also very brisk
-"(„.s Present, but it is feared that, should the new tariff he
;tried into effect, this branch of manufactures will be
17'eh injured. For the last few weeks great quanti-
-I.t have been shipped, in the hope that they will
W49' New York before the 30th of June, the day on
ih the tariff, if passed, comes into operation.—
iere ale upwards of four hundred weavers engaged
production of carpets, whose eat ninlfs average about
4 weeli. The gauze trade, which was once the prin-
-4,1,'41 inanufactu-re at the place, has dwindled into almost
itthi,,9g, these being but one or two persons engaged in
The same thing, in consequence of the iiitroduc-
tu-:' of the printing, has taken place in the inanufac-
ria°l loom figured worsted plaids, for which Kilinar-
-o,t‘ Was at one time celebrated. The ancient Kilmer-
id,„7 Plaid, which used to be seen on the shoulders of
-"°,,t every female in Kyle, Cunningham, and Carrick,
I:4,l4Pidly giving place to the mantle or to the plaid,
huh! of the more costly tartans of Stirling and Bannocli-
y-tt".; The bonnet trade has fallen considerably off of late,
The'"ere is at present a good deal doing in the manufacture.
is, kiure chiefly wrought by young girls, who get from
, to Is. 6d. a dozen, and can earn on an average 9J.
}. Other tradesmen, though hnot very busy, are in
:neral employed ; and, upon the whole, Kilmarnock is at
I,e-re! 4eellt in a state equal, if not superior to what it has ex,
ueed for some years. _ Edinburgh Evening Courant.