The Sun.
London, England, 1845-10-17 00:00:00

George ilougemont, Esq., 14, Broad-street-buildings
Nicholas Wood, Esq., Kellingwerth, Newcastle-on-Tyne.

BANKERS.
Messrs. Glyn, Halifax, Mills and Co., London
Bank of Liverpool
The Union Bank, Manchester.
ENGINEER—George Parker Bidder, Esq., E.I.C.E

MICRITECT—Robert Abraham, Esq., Torrington-street, Russell-square.
SGLICITOS—John Bethell, Esq., 78, Kiug William-street, City.
SECRETARY—Harry Burrard Farnall, Esq.

The Provisional Committee of the North London Junction Rail-
way Company have great satisfaction in informing their subscribers
that negotiations are now pending between the Provisional Commit-
tee of this Company and the Directors of the Railwat s north of the
Thames of such a character as to assure them that the City terminus
of this Company will form the Grand Terminus of all the City traffic
north of London.
To effect tels important object, an area of 10 acres of grouad (the
southera boundary of which is within 500 yards of the Bank of
England) has been most carefully surveyed and valued, and the re-
port of the architect and engineer is of so favourable a character as o
have induced the Provisional Comtnittee to determine on purchasing
the entire site, and it has, therefore, been resolved b, them to in-
crease the capital of this Company to 1,300,0001.
The Provisional Committee consider it of paramount Importance
to secure within the limits of their City terminus, the amplest and
most complete accommo iation for the traffic of each of the railway
companies who may co-operate with them, an object which will be
effected by opening the very extensive and valuable space of ground
alluded to, within the centre of the City of London.
In conjunction with thirentarged plan, it is intended to embrace
that of a branch line to the piesent station of the Eastern Counties
ReAlway in Sholeditch, which will effect an entire junction between
the eastern and western parts of the metropolis; and at the same
time afford a direct communication between the whole of the rail-
ways, which reach London tothe north of the Thames. and give
lull development to each of their schemes by creating fur them a
common centre within the heart of the metropolis.
Independently, therefore, of the almost incalculable local traffic
which the position of their City terminus wil ensure to this Corti-

-my, will be added that of those companies al o who will eventually
co-opera e with the North London function Railway Company, and
the perfection of a project of no ordinary magnitude and importance
will be realised throughout the whole of this short out very valuable
line of railway.
A. lithographic sketch now publishing will accurately define the
entire district thro gh which this Company proposes :o run this Mite;
•.) this means the most casual observer will be enabled to ascertain
that the environs of London, north of the Thames, will be pits -ed in
immediate commit 'cation with the city ; while the dense popu-
lation of the City will enjoy a fact its of connexion with its suburban
localities, necessarily affording it the greatest. accommodation.
With such important local resources, therefo e, together with the
vast traffic on which the skareholiers of this Company have a right
to rely for profit, a large amount of revenue may be fairly and justly
anticipated, fully commensurate with the outlay of the proposed
capital. That revenue will be derived thus :
The daily passenger traffic on the Great Western amounts to
3.245, one-half of which reaches the City. The London and Itir-
mingham amounts to 4,322 oaily, two-Shires of which reach the
City. The Eastern Counties amounts to 2,400 persons d,.ily, half
of whom pass to the West-end of London. The omnibus traffic daily
Is 30,894 passengers, two-thirds of which may be given to the City.
passengers from the suburban districts reaching toe City, now un-
accommodated by any railway, are estimated at 4,000 daily.
From these sources the following products are derived :

Per Ann.

Passengers from the Great Western and Birmingham Rail-
way, at Gd. each......
Passengers from the Eastern Counties to the City terminus
.

of this Company, at 3d. each
Omnibus passengers' tragic, at 6d. each, as taken at
• • .
142,208 tons of goods and parcels pass annually from the
Great Western and the London and Birmingham Rail-
ways Into the City, at an average cost of carriage of 3s.
Gd. per ton throughout. For the carriage of these goods
• and parcels, therefore, at the reduced cost of 2s. Gd. per
ton, a revenue may be derived of ••••• • • • • 17,776
From the carriage of goods, parcels, and mails, bringing in
to the Eastern Counties Railway Company a revenue of
40,0001. a year, may be derived the sum of ........

187,929

The total of their calculations amoants t 0.... £280,289
Deduct 40 per cent, for workers' expenses ..