The Sun.
London, England, 1845-10-02 00:00:00

SBCIMTABY—Harry-Buriard 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 Previsional Commit-
tee of this Company and the Directors of the Railways north of tke
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 this important object, an area of 10 acres of ground (the
southern boundary of which is within 600 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 to
have induced the Provisional Committee is determine on purchasing
the entire site, and it has, therefore, been resolved by them to in-
crease the capital of this Company to 1,300,0001.
The I'rOTISIOURI Committee consider it of paramount importance
to secure within the limits of their City terminus, the amplest and
most complete accommodation 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 this enlarged plan, it is intended to anbrate
that of a branch line to the present station of the Eastern Counties
Railway in Shorediteh, 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 to the north of the Thames, and give
hill development to each of their schemes by creating for them a
common centre within the heart of the metropolis.
Indepbndently, therefore, of the almost incalculable local trent
which the position of their City terminus wilt ensure to this Com-
pany. will be added that of those companies also who will eventually
co-operate with the North London Junction Railway Company, and
the perfection of a project of no ordinary magnitude and importance
will be realised throughout the whole of this short but very valuable
line of railway.

lithocaphle sketch now publishing will accurately define the
entire district through which this Company proposes to run this line;
by this mews the most casual observer will be enabled to ascertain
that the environs of London, north' of the Thames, will be placed in
immediate communication with the City ; while the dense popu-
lation of the City will enjoy a facPity of connexion with its suburban
localities, necessarily affording it the greatest accommodation.
With such important local reeourcen, therefore, together with the
vast traffic on which the shareholders of this Company have a right
to rely for profit, a large amount of revenae may be fairly and justly
anticipated, Hilly commensurate with the outlay of the proposed
capital. That revenue will be derived thus :
The daily passenger traffic on the Great Western amounts to
3,345, one-half of which reaches the City. The London and Bir-
mingham amounts to 4,322 daily, two-thirds of which reach the
City. The Eastern Counties amounts to 2,406 persons daily, 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 the City, now un-
accommodated by any railway, are estimated at 4,000 daily.
From these sources the folowing products are derived:—

Per An

Pass mixers from the Great Western and Birmingham Rail-

way, at Gd. each.. •• • • • • • • •• • • • - • • • • • • • • • • - • • . •. 4;52,423
Passenzers from the Eastern Counties to the City terminus

of this Company, at 3d. each .•••• • • • • • ..... •••••• • • • • • 12,061
Omnibus passengers' traffic, at 61. each, as taken at
present... ...... .•••••••••••••• • • • • • • • • • • • • • • ........ 137,329
142,206 tons of goods and parcels pan annually from the
Great Western and the London and Birmingham Rail-
ways into the City, at au average cost of carriage of 34.
6d. per ton throughout. For the carriage of these goods
and parcels, therefore, at the reduced cost of 2s. 6ti. per
ton, a revenue may bo derived of ••• • ..
From the carriage of goods, parcels, and mails, bringing iu
to the Eastern Counties Railway Company a revenue of
40,000/. a year, may be derived Um sum of .... •• • . 10,000

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

£168,174
Idotimatei Rental to bereeelvel frown other Campusles fur
the use of Terminus . •

£198,174
Being a revenue of more than 15 per amt. on a eapital of 1,360,0001.
The capital, as now extended, will be divided into 65,000 shares of
201. each, upon which a deposit of 21. is. per share will be payable
forthwith. _ .

A portion of the shares will be allotted to parties locally interested.
The remainder will be distributed amongst the present shareholders
and the public generally, upon application being made by them in a
manlier hereinafter mentioned. _ _ _

The Directors, in compliance with the advice of their Parlia-
mentary Agents, deem it expedient, in consequence of the recent
standing crd rs of the house of Lords, to require a cleposi of 10/.
per cent. The shareholders are, therefore, requested, in order to
carry this arrangement into effect, to deposit their scrip certificate
with the Secretary, on or before the let of October next, in exchange
for which they will obtain a certificate upon which the bankers of
the Company will receive the amount of the difference payable, and,
upon producing the receipt and signing the new Parliamestarypeeds,
fresh scrip will be delivered to them.
Applications for prospectuses, maps, and shares, may be made to
the secretary, at the Offices, No. V, Finsbury-place South, and the
following sharebrokers :
Messrs. E. Sutton, Cribb's, and Sutton, 22, North-side. Royal
Exchange, London
Messrs. Capel, Cuerton, and Lawford, 3, Royal Exclumge
George Baroand, Esq , Certain'
Messrs. Houghland and Leese, 61, King-street, Manshester
William Marshall, Esq., Bank-buildings, Manchester
William Haynes, Esq., Manchester
Jahn Wells, Esq., Royal Bank-buildings, Liverpool
Messrs. Wellbeloved and Gustier, Leads
Messrs. Edwards and Son, and W. H. Land, Esq.,-Bristol
J. H. Lan., Esq., Birmingham
Messrs. Garton and Wright, Sheffield
J. 0 Kershaw, Esq., Huddersfield
V. C. Spencer, Esq , Halifax
Messrs. Henry Beaumont and Co., Exeter
E. P. Lemon, Esq., Rath.