The Sun.
London, England, 1845-09-05 00:00:00

SEPTEMBIA, S, MO.

)SING- PRICES OF
Y SHARES
Ttiv

ToMrSts IN ENGLAND,
D IRELAND.

i 4 • •Oi zi 3 •4 .
A A
u al 0

Sept. Sept. Sept. Sept.
3. 3. 3. 2.
—76 s

4 111%

12% 12% 12% 13
—76 s

2141 2,,,

-
3.1-

20%1 -
25 -

22%1-

-7%1:

'%
7U
Pli 6
! 1%

15Y2
220

"I
- 13

I4s 364:1
1

2%14756d

1378 p
15s p
7;4

iss6d

12756 d

6O -
56% -

140 s pl
64s p

p.
13;

u/s 34 —30 s
- 73
12%
N 10%
{% 33,4

9% 10
1s .1 0 - --_

• 8653d1
L
.

v`l-7- I 6%

4 41,E -
2% -
5% 5
3%% -
-
LS

[O4l,
_ 14

34s p

399 - - -
IA 11% ii% 11%
16(1 - - -

16 -I 44 I--
-1 9%, -L.

9%
3% 7133 d

7% -2%1 2%1

3141
_ 14

[93 22 -
L 74, 19 -
?% 9% -
66%

54 -
9% 5% -
4% 4% -
4% 5

B%' -
48% -

7%p1891

6%1 ---.

1331 9il -

5%1- I-

3%1_ 1_

31i1 3 1 -

5 I-

[OAI 7y,
- I -
-

3/4 4%, 41i 4%
ry, 1s 17%

-4 % I -- - -

6 I 6,1

_t 1 -

14-6s6pl

ULL, SErr. 3.
.The sales are—Eastern Countie,tio.
Olby, Half Naares, 233A—Zondon

and Croydon, New, 365. p.-Preston and Wyre. Half sharer,
91/2-Blackburn, Darwen, and B dton, 101/2-Eastern Union
latension, 314-Great Orlrnst.v !tod Sheffield ;Quarter Shares,
43/-Huddersfield and Sheffield Junction, 22.--Lynn and
Ely, B,North British, Half Shares, 10--Nartli Wales,
51/2-Oxford, Worcester, and Wolverhampton, 11-Armagh,
Coleraine, and Portrush, 31. Is. 3d.-Bandon and Bantry, 2
-Boston, Newark, and Sheffield. 7-Ccitentry, Nuneaton,
&c., WA-Direct Northern, 3%-East Lincolnshire, 31. 18s.
9d. p.-East Coast, 15s. p.-Glasgow and Dumfries, 23i-
gi Grated Union, 41s. p.-LiverpoOl, Manchester, and Newcas-
tle Junction, 6-London and Birmingham Extension, 375. 6d.
eft. p.-London and York, 7-London and Manche ter (Re-
inington's), 30s. p.-Manchester, Buxton, and Matloch, Pd
16s. ad.-Nottingham, Erewash, 84- 43,-Nottingham,
- Belvoir, and Grantham, 4-Nottingham and Mansfield, 312
- -North Western, 61/2-North Staffordshire, 7-Rugby and
Huntingdon, 415-South Midland, 714 p.-Shrewsbury and
,1774 Herefordshire, 2%-Tean and Dove Palley, 2% p.-Wake-
field and Bradford, 5 p.-Welsh Midland, 5-York and
Carlisle, 61A-Yorkshire and Glasgow Union, 38s. p.
YORK, SEPT. 3.
STOCK EiCIIANGE.-The sales are-Eastern Union Exten •
sion, 3/74-Great North of England, New, 34-Midland,
New, 26%-York and North Midland (Selby scri), 77-
- - Clitheroe Junction, 5%-Grand Union, 35/4-Leepds and
- York, 10%-Leicester and Bedford, 4/. Ss. 9d.-Liverpool,
Ormskirk, and Preston, 734-London and York, 7-Man-
chester, Buxton,' &c., 101 A-Newcastle, Durham, and Lan-
cashire, 54-Nottingham, Erewash, and Ambergate, 51A-
- Warwick and London, 5-Welsh Midland, 51/8-West York-
- shire, 18.
SHEFFIELD, SEPT. 3.
STOCK EXCIIANGE.-The sales are-London and Croydon ,
New, 365. p.-Midland, Sheffield, and Rotherham, 37-Yerk
and North Midland Extension, 253/4-Caledonian Extension,
- 37A-Cambridge and Lincoln, 514-Derby and Crewe, 5%-
- Es" Lineolnßbir,'. 5-Grimsby Railway and Dock Extension
Igialondort and Wialsor, 415.-London and York,
Direct \ortueru, ii'iz-Manchester, Sheffield, and Midland
Junction, 12-Nottingham and Mansfield, 35A-Shrewsbury
--• and Herefordshire, VA-Sheffield and Lincolnshire, 51A-
•- Wakefield and Harrogate, 80s.-Welsh Midland, 5 3-16.
HUDDERSFIELD, SEPT. 3.
STOCK EXCITANGE.-The sales are-Cambridge and Lin-
-- coin, 54-Direct Northern, 3% -Essex and Suffolk, 225. p.
- -Grand Union, VA-Glasgow and Dumfries, 555.-Hud-
-2% dersfield and Manchester, 22%-Huddersfield and Sheffield
3% Junction, 29 c. n.-Lancashire, Yorkshire, and North East-
- em, 4-Leeds and Thirsk, 2234-Leicester and Birmingham,
31/2 p.-Manchester and Birkenhead Continuation, 355. p.-
_
- Sheffield and Lincolnshire, 633-West Yorkshire, 194-
- Clitheroe Junction, 618-Newark, Sheffield, and Boston, 7%.
EXETER, SEPr. 3.
STOCK EXCHANGE.-The sales are-Exeter, Yeovil, and
Dorchester, % p.-North Devon, 2% p.-Exeter, Topsham,
9i and Exmouth, % p.-South Devon, 37-Newark and Shef-
- field, 712-Eastern Counties, 21-London and Blackwall,
3,, 10%.
2% EDINBURGH, SEPT. 1.
- STOCK EXCILANOE.-The salep are-Aberdeen, 31. 10s.-
- Arbroath and Forfar, 25/.-Ditto, Half Shares, 15/.-British
- and Irish Union, 31. I Is.-Caledonian, 12/.-Caledonian Ex-
- tension, 31. I Is.-Clydesdale Junction, 101. 2s. 6d.-Direct
7- Northern, 21.-Dundee and Arbroath, 37/. Is. 6d.-Ditto,
New, 18/.-Dundee and Perth, 5/.-Edinburgh and Bath-
- gate, 2/. 17s. 6d,-Edinburgh and Glasgow, 901.-Ditto,
- Quarters, 211. 155.-Ditto, New, 15/. - Edinburgh, Glas-
gow, and Dumbarton, 11. IN.-Edinburgh, Leith, and Gran-
- ton, 251. 10s.-Ditto, Preference, 17/. 10s.- Edinburgh and
1 Northern, 2/. 25.-Ditto, New, 1/. 7s. 6d.-Edinburgh and
Perth, 1/. 135.-Glasgow and Ayrshire, M.-Ditto, New
- Stock, 221.-Glasgow and Garnkirk, 41/.-Glasgow and
- Greenock, 21/.-Ditto, New Stock, 10/. 55.-1-MU°, Prefer-
- ence, 21.-Glasgow, Dumfries, and Carlisle, 2/. Is. 6d.-Great
- North of Scotland 3/. 75.-Inverness and Elgin, 11. 2s. 6d.
-London and York, iv. 10s.-Menkland and Kirkintilloch,
331.-North British, 291.-Ditto, Halves, 91. 55.-Perth and
- Inverness, 21. 55.-Scottish Central, 71. 145.-Scottish Mid-
- land, 2/. 75.-Slamannan, 18/. 10s.-Stirling and Dunferm-
-24 line, I/. 17s.

RAILWAY GENCE.
MANCHESTER AND LEEDS.
MANCHESTER, WEDNESDAY.—The halt-yearly meeting of
the Proprietors of the Manchester and Leeds Railway was
held to- day at noon, at the Palatine Hotel.
At the conclusion of the half-yearly meeting, a special
general meeting of the Shareholders was held, for the purpose
= of authorising the Directors to create an additional number of
shares, for raising further capital for the Manchester and Leeds
Railway, the Ashton, Staleybridge, and Liverpool Junction
Railway, and the Wakefield, Pontefract, and Goole Railways
respectively, amounting to ,209,1001. ; also, for paying off
= the mortgages, which amount to 862,0001. And for taking
into consideration and deciding upon certain arrangements be-
tween the Manchester and Leeds Railway Company and the
Leeds and West Riding Junctian Railway Company, the West
26 Yorkshire Railway Company, the Huddersfield, Halifax, and
Bradford Union Railway Company, the Huddersfield and She!
field Junction Railway Company, and the Leeds and Brad-
_
. ford Railway Company, in reference to the making_ of new lines
in the West Riding.
—• There was a crowded attendance of the proprietary.
HENRY HOULDSWORTII, Esq., Chairman of the Board of
--- Directors, took the chair, and said this was the eighteenth
half-yearly meeting of the Manchester and Leeds Railway
Company, and he trusted that the statements which they
would have to lay before the Shareholders would confirm the sa-
— tistaction which the Proprietors had beers pleased to express
since the commencement of the undertaking.
Mr. DUNSTAN, one of the clerks, then read the report of
the Directors, of which the following is an extract:-
-
" The. satisfactory state of trade during the period on which
your Directors have no to report, has produced its natural and ex-
pected effect upon the income of the company. Although an itn.
0- , portant reduction was made early in the year on the passenger
fares and in the rates on certain classes of merchandise, the
receipts of the six months present an increase over those of the
corresponding period of last year of 23,892/. 12s. 9d.
Towards this sum the passenger traffic has con
£6,618 14 11
tributed
And the goods traffic
£23,892 12 9

GHQ The gross income of the six months amounts to £153,279 10 8
8 The working expenses, including rates, taxes,
and duty, to

Showing a balance of £101,232 12 7
The progressive increase of businessis shown in the following
comparative statement :
PASSENGERS.
Number booked in six months,s viz., Ist JanuarylB44 to 30th June.
. 1843.
Ist Class
2d Class
3d and 4th Class 627,493 487,031 381,570

Total.

•
Miles travelled... 12,167,480 10,024,141 7,955,339
The accounts show that the gross receipts of the twelve months
have been 315,093/. 19s. Bd.; and the gross disbursements, in-
eluding allowance for depreciation, 110,247/. Os. 2d. ; leaving a
- profit on the year's business of 204,8511. 19s. 6d. ; which shows net
- a return of 6h per cent. for the year on the total expenditure.
I- Since the Ist of January, one call entitled to dividend at the
present period has been received, increasing the paid-up capital
_ to 1,487,3891., and by the annexed account, No. 2, it will be seen
- that the total sum expended from the commencement in 1635,
- to the 30th June last, has been 3,372,2401. 9s. The net ha-
- lance on the six months' business, applicable to dividend, is
60,3441. 2s. 6c1., which, added to the undivided surplus of the
_ previous half-year, makes a disposable balance on the present
_ occasion of 67,901/. Bs. 9d. (as per account No. 4). Your
Directors recommend that a dividend of 4 per cent. for the
- half year upon the paid-up capital be sanctioned, viz., 2/. 18s.
- on the 1001. shares ; 1/. ss. 4d. on the 501. shares, and the
usual 2s. per share on the quarter shares, all subject to the
income-tax. On the subject of their late proceedings in
Parliament your Directors have to report that they have
- been successful in obtaining the following Acts, viz.
An Act to raise additional capital ; an Act to make
a branch railway from Todmorden to Burnley, also a
.3-7 branch from Hey wood to Bury, also a branch from branch
, Oldham to Mumps ; an Act to make a Junction between the
- Manchester and Birmingham Railway and this Company',
line ; an Act to ii ake a line from Wakefield to Goole. In
the case of the Leeds and West Riding Junction Railways
Bill, which had been favourably reported on by the Board of
Trade, one part of the scheme, extending from Cooper 13: idge
to Huddersfield, was, after a week's contest, granted by the
Committee of the House of Commons to whom it was re,
ferred, to the Huddersfield and Manchester Railway Company,
and another part, extending from Dewsbury to Leeds, to the
Leeds and Dewsbury Company ; the remainder, however,
comprising about three-fourths of the whole, was, after a
farther contest of two weeks, assigned by the same Com-
mittee to this Company, but the Bill was subsequently lost by
an unexpected decision of the Committee of the House of
Lords. In respect to the Bill for authorising the amalgama-
tion with the Manchester, Bolton, and Bury Canal and Railway
Company, it was postponed until next session, in consequence
of as objection on standing orders ; but every needful step
will in the meantime be taken, and provision made for
carrying out and obtaining from Parliament its sanction to
the existing agreement between the two Companies. The
total capital which the Company has power to raise under their
various Acts of Parliament, now amounts to 4,720,900/., of
which is already capitalised 2,589,6001., remaining uneapi-
talised 2,131,300/., but deducting 60,0001. (part of the capital
• under the Wakefield, Pontefract, and Goole Act. not yet con-
vertible), it is proposed to divide the remaining 2,071,300/.
into 103,565 shares of 201. each, to be called fifths, and to
allot of such shares to each registered proprietor (less the
fractional parts of a share) a value equal to 75 per cent. of
the nominal amount of the aggregate stock standing in his
name on the 20th day of this present September. It is in-
tended that a first call or deposit of 1/. per share upon the
new creation shall precede the issue of the certificates, and
shall be payable on or before the 20th of October next, but the
time of the remaining calls will depend in the first instance
upon the progress of the new works, and afterwards upon the
periods when it may be thought expedient to pay off the mort-
gage debt. It is anticipated, however, that at least, 71. per
. share may be called up within the next three years. It is also
. proposed that the new shares shall participate in dividends im-
mediately in proportion to the nominal amount of the said
shares, subject, however, to a deduction for interest at the
rate of 5 per cent. per annum upon the proportion from time
_ to time not paid up, such proportion being determined by the
- amount paid up at the commencement of each half year. They
- have now the satisfaction of reporting, in furtherance of the
- objects proposed, that they have made arrangements for apply-
- ing to Parliament in the next session for an extension of rail-
_
ways in the neighbourhood of Oldham, under the title of the
- Oldham District Railways Company, in conjunction with local
- parties of influence whose co-operation will be beneficially
- exerted to promote the scheme in questien, under an agreement
- based upon that entered into last year with the West Riding
Company. They have also to report that a line from Bacup
- to Rochdale has been surveyed and determined upon to connect
- with the main line and with that part of the Oldham District
-- scheme which extends from Rochdale to Ashton, and also a
- short line to Middleton, both of which, with your sanction,
- will be applied for by this company as branches of the parent
23z- line ; and that the projects have been moat favourably received
by the inhabitants of the populous districts through which tl.ey
31/4 are intended to pass. They have also to state that they have
2% agreed with the Directors of the Wakefield, Pontefract, and
- Goole Company to proceed at once (the consent of the land-
- owners having been already obtained) with the branch from
- the Goole to the North Midl oul line at Methiey, to connect
the port of Goole directly with Leeds, which was made
a con-
- (titian by Parliament in the Wakefield, Pontefract and
,is
ole
- Bill; and further, in applying for the forma: sanction of t,
h.
lature to that branch, to seek powers to extend it in a sout
easterly direction from some point on the Goole line to a jutic-
tion with the London and York at Askern,thus connecting Leeds
- more directly with Lincolnshire and the south. The attention
of your Directors has also been drawn by parties of local in•
fluence to the rich mineral district lying between Horbury on
-- the Manchester and Leeds line and Sheffield, a tract of country
unprovided with railway accommodation, containing an ac'ive
population, including the town of Barnsley, and the connexion
of which distr.ct with the populous valleys of the Calder and
the Aire it appears a desirable and legitimate object to pro-
mote. It is proposed that your Directors be authorise;l to
enter into an agreement with the promoters of the line. on the
basis of the arrangement with the Wakefield, Pontefract, and
Goole Company. The most important measure, however,
Vthloh your Directors have adopted in reference to the nex