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

and Irish Union, 3/. 13s. 6d.-Caledonian, 12/..55.-Cale-
donian Extension, 31. 165.-Clydesdale Junction, 13/. 15s.
-Direct Northern, 3/. 35.-Dundee and Arbroath, 37/. 10s.
-Ditto, New, 181.-Dundee and Perth, 81.-Edinburgh and
Bathgate, 2/. 11s.-Edinburgh and Glasgow, 901.-Oitto,
Quarters, 211. 155.-Ditto, New, 151.-Edinburgh, Glasgow,
and Dumbarton, 11. 95.-Edinburgh, Leith, and Granton,
251. 108.-Ditto, Preference, 201. 10s.-Edinburgh and
Northern, 31. 71.-Ditto, New, IL 155.-Edinburgh and
Perth, 2/. 9s. 6d.-Glasgow and Ayrshire 73/.--Ditto, New
Stock, 21/. 12s. 6d.-Glasgow and Garnkirk, 451:-Glasgow
and Greenock, 221. 2s. 6d.-Ditto, New Stock, 101. 155.-
Ditto, Preference, 2/. 55.-Glasgow, Dumfries, and Carlisle,
2/. 155.-Great North of Scotland, 3/. 125.-Inverness and
Elgin, 1/. Bs.-London and York, 6/. 155.-Monkland and
Rirkintilloch, 331.-North British, 291. 10s.-Ditto, Halves,
91. 101.-Perth and Inverness, 2/. 9s. 6d.-Scottish Central,
8/. ls.-Scottish Midland, 3/. 17a. 6d.--Slamannan, 191.-
Stirling and Dunfermline, 2/. 6s.
EXETER, Sun'. 17.
-

STocx EXCHANGE.—The salep are—Exeter and Crediton,
12—Exeter, Yeovil, and Dorchester, s p.—Exeter. Topsham,
and Exmouth (Darns' line), p.—Ditto (Head's), 1 p.—
North Devon, 1% p.

HULL, SEPT. 17.

STOCK EXCHANGE. —The sales are—Hull and Selby, 104
—York and North Midland Extension, 293/—Blackburn,
Darwen, and Bolton, 11%—Caledonian Extension, 3%—
North Wales, s—Bandon and Bantry, 2—Boston, Newark,
and Sheffield, 6%—Coventry, Nuneaton, &c., 4—Derby and
Gainsborough, 575. 6d. p.—Direct Northern, 3—East Lin-
colnshire, 7%—East Coast, 3%—Glasgow and Dumfries, 2%
—Goole, Doncaster, Sheffield, &c., s%—Great Eastern and
Western, 33/4—Leicester and Bedford, 4%—Leicester and
Birmingham. 3—Liverpool, Ormskirk, and Preston, 74—
London and Birmingham Extension, 2%—Manchester, Bux-
ton, and Matlock, 1036—Manchester, Liverpool, and Great
North of England, 60s. p.—Nottingham and Boston, 3%—
Nottingham and Mansfield, 41/2—Rugby and Huntingdon,
3/. 19s.—Tean and Dove Valley, 3/. 18s.—Trent Valley
Continuation, 33/4—Wakefield and Bradford, 61/t —W est York •
shire, 16—Yorks-hire and Glasgow Union, 5.

SHEFFIELD, SEPT. 17.
STOCK EXCHANGE.—The sales are—Bristol and Glouces-
ter, 32—London and Birmingham, 220—Newcastle and Car-
lisle, 1131,4—York and Selby 50/. Shares, 7914—Blackburn.
Burnley, and Accrington, 101,4—East Lincolnshire, 63/4—
Goole and Doncaster, 53/4—Manchester, Midland, and Great
Grimsby, 614—North Western, 7 1-16--Wakefield and Har-
rogate, 51%.

YORK, SEPT. 17.
STOCK EXCHANGL—The sales are—Eastern Union Ex.

tension, s—Newcastle and Darlington Junction (New Brand-
- ling, 4514—York and North Midland Extension, 30—Co-
ventry, Nuneaton, Birmingham, and Leicester, 35/B—Grand
Union, 41/2—Leicester and Bedford, 414—London and York,
-6/. 16s. 3d.—Manchester, Buxton, &c., 10/. 18s. 9d.—New-
-90 castle and Berwick, 16% ex n.— Welsh Midland, 4%—York-
- shire and Glasgow, 43/4.

RAILWAY INTELLIGENCE.
EDINBURGH AND NORTHERN.

EDINEURGH, TUESDAT.—Yesterday, a special meeting of
the Proprietors was held in the Saloon of Gibbs's Royal
Hotel, to consider the expediency of constructing extensions
from themain line to Markinch and Leven ; Mr. John Lear-
month, of Dean, Chairman of the Directors, presiding.
Mr. LEES, the Company's Secretary, read the Directors'
report, which stated that the engineers' estimate of the cost
of the proposed extension was 250,0001., to which it is pro-
posed to add 10,0001., making the capital 260,0001. In ad-
dition to these two branches, the Directors recommended that
a branch be formed from the Lochgelly coal-fields to the har-
bour of Kirkaldy, an undertaking which had been proposed,
and nearly the whole capital required had been raised by the
most influential gentlemen in that town, who had, however,
handed it over to the Edinburgh and Northern Company.
The Directors recommended that the capital sum to be raised
for the execution of these different works should be 390,0001.,
and that by the creation of 26,000 shares of 151. each—a sum
which would afford a convenient division, and would be
more than sufficient to meet the cost of the branches,
and therefore render it unnecessary to call upl the whole
amount of the shares. They also proposed that the
shares be divided amongst the registered Share-
holders of the Company, and the holders of the
scrip for the 151. Newport Extension shares in the fol-
lowing proportions, viz. :—One new share to every two of the
251. shares, and one new share to every three of these exten •
sion shares. A report by Mr. Grainger, engineer, was also
read as to the branch to East Anstruther. It recommended
that a double line of rails should be formed from Markinch to
Largs, and only a single rail thence to the eastern terminus.
There were no enginaering difficulties in the way; no tunnel-
ling or extensive embankments, and the gradients easy.
Viewing the undertaking as a whole, Mr. Grainger consi-
dered that either with reference to passengers, or to the mi-
MN neral wealth of the district, it would form an important feeder
to the Edinburgh and Northern.
_
The CHAIRMAN, in commenting on the recommendation
_
_ contained in the report, said the proposed line would be about
twenty miles in length, and running as it would through the
manufacturing districts of Fife, from Leven inward towards
Leslie, while it would prove remunerative as a feeder to the
main line, it would not pay as a separate undertaking. Propo-
sals had also been made, and the Directors would hold them
_ in consideration, for branches westward from Leven to Buck-
- haven and the Wemysses. The Directors had also under-
- taken to form a branch from the coal-fields of Loch-
- gelly to Kirkaldy and its harbour, and there was a
prospect of another company joining with it a line front
Dunfermline, so as to connect the Edinburgh and North-
_ ern with the lines westward towards Alloa and Stirling.
The Directors had also undertaken to lease the proposed new
line from Perth to Crieff, which ran through a populous dis-
-7.., trict destitute of coal and lime, the parties themselves having
11-4 made overtures of lease. It was seventeen miles long, and
would, like the before-named extensions, prove of great ad-
_
vantage to the company. The Board had attended the sale
of the Tay ferries at Dundee, prepared to give a large price
for them ; but the Exchequer Law Commissioners preferred
disposing of them to the Dundee Banking Company, who had
_ agreed to pay the Exchequer the full amount of its debt.
_ The ferry trustees and authorities at Dundee approved of the
i railway company's intentions, and it remained to be seen
6U whether the banking company, for a more advantageous bar-
- gain, might not be inclined to put them at the railway coin-
-
pany's disposal, seeing that the latter had it in their power
_
materially to affect the ferry revenues. There had been a
_
renewed proposal for creating a bridge over the Tay at New-
.— burgh, at from 100,000/. to 120,000/. ; and a survey had been
made with the view of making one of the high
level kind of bridges, so as to meet the objections
of the Admiralty. The Edinburgh and Northern ought to
7_, join in the formation of the bridge, as another party was
willing to undertake the work. A further extension from
--- Newburgh to Kinross was in hand. These were not times
to stand still, and the Directors would not lose sight of the
advantages to be derived from the branches to Newport,
opposite Dundee, and to St. Andrew's, to the north coast
traffic of the Tay ferries. Should not an arrangement be
come to for crossing these ferries, other means would be de-
- vised for doing so. In regard to the new shares, one share
had been given to every 45/., and one to every 50/.
The Earl of LEVEN and MELVILLE seconded the adoption
of the report, and intimated his cordial approval of the re-
commendations contained in it.
,-. Provost Nicol., Cupar, approved of all . the proposed
aU, branches with the exception of the one from Leven to An-
struther. He could not see how it would pay. It was a
-
- length of fourteen miles, the population was only 1,000, and
- there were no manufactures. It was difficult to conceive how
a bridge could be constructed over the Tay high enough, for
ve'sels, owing to the lowness of the banks ; and it ikas well
known that sometimes in a winter storm th island of Mug-
" drum was surrounded with ice twelve feet thick, and in an
event of that kind, either the Carne of Gowrie would be
_ inundated, or the bridge broken. It was perfectly Fifish to
carry a line from Leven to Anstruther. If the Edinburgh
and Northern remained as it was it would be the second best
' paying line north of the Tweed, but if such drags were put on
' • it, it would he difficult to surmise the result.
The Earl' of LEVEN replied that the Directors at present
. only r ire power to examine into the feasibility of these
• _ new SO etliCl*
. 4M Mr./ 'Nag MELVILLE, of Mount Melville, agreed in what
' 2% had fallen from Provost Nicol.
.
The CHAIRMAN said that all the Directors required was
•.
power to entertain these matters. They would not go to
- Parliament if it was inexpedient. The bridge at Mugdrum
-.— would be built, if not by the Edinburgh and Northern, by
- others, and as much of the traffic of the line would have to
- cross the bridge if it remained entirely in the hands of an-
other -_
party, they would impose a heavy poutage. The
- project, moreover, would have to pass the ordeal of the Ad-
- iriralty, and of the inhabitants of Perth.
- After some discussion, in which Mr. Alexander M‘Neill,
- advocate, Mr. Spears, Mr. Craigle, and Mr. John Gibson,
joined, the resolutions empowering the Directors to apply to
Parliament for the proposed extensions in the ensuing session,
_
- and to raise for the purpose a further capital of 390,0001., by
- 28,000 new shares of 151. each, one new share for every 25/.
- stock, and one new share to the holder of every three shares
- ,of the 151. Newport Extension stock, were carried unanimously.

GLASGOW AND GREENOCK.
The half-yearly general meeting of the Proprietors
was
held at Greenock on Monday. Mr. Archibald Falkener,
Deputy Chairman, presiding.
Mr.jotot ANDERCON, the Company's accountant, read the
report. It alluded to the lines—the Caledonian, Clydesdale
Junction, Barrhead and Neilston, &c.—which had obtained
Acts during the past session of Parliament, and which, con-
necting this line with all parts of Scotland and England,
would greatly increase its traffic ; besides the prospect, at no
distant period of a continuation line to Gourock, Innerkip,
and Largs, and subsequently farther into Ayrshire. Also the
increased traffic by water in connexion with the line—a first-
class steamer for Liverpool, and another from Belfast, being
now on these stations in direct communication with the rail-
way. Instead, therefore, of the Greenock
of a line beingchain of an iso-
lated one, it would now become a part great
ginninimication by land and water with all parts of the coun-
try, and especially between the mineral districts and the har-
bours of Greenock • The receipts had been larger than
during any previous half-year, the balance being 13,0541 13s. ;
but it would not be desirable greatly to increase the divi-
dend for the present, but rather to increase the efficiency of
Ow works and machinery. The dividend proposed was six
per cent, upon the preference shares, and two per cent. upon
the original: The capital account showed an expenditure of
8063341, and a balance in hand of 34,8631. The receipts for
the past half-year had been 25,2691„ the expenditure 12,2611.,
leaving a balance a 13,0541.
The CHAIRMAN congratulated the meeting on the Com-
pany's prospects of success. The Directors did not feel war-
ranted in Increasing the dividend, considering the efficiency of
the line of greater IMPortance. He adverted to the state-
ment of Mr. Weal], chairman of the Ayrshire Company, that
that line had the exclusive right to the Barrhead and Neil-
eton line, and the complaint against them for interfering, He
found no fault with the Ayrshire Directors for putting their
own construction upon the Act ; but the Greenock Directors
would be found right.
On the motion of Mr. THOMAS UMW,' the report was

aii2pted.
Tha forfeiture of certain shares, on the motion of Mr.
J. Tuaxen, sees nded by Mr. PAINTER, was confirmed.
Mr. P. M. BrrewAuT, MX., congratulated the meeting on
the oapects held out in the report ; and was followed to the
same,ittf ect by Mr. Wurrmong, of London.
ni, an the motion of Captain OSBORNE, were awarded
to the Chairman PAA D'
to fltAfurmTarruneti/oi: Zireinactm.JuNcrioN.—This line, which is
of the Lea, with
North Eastern with the Eastern near
a tlita Itiver Thames, near the month
the junetion of the
expected to be
completed
aboutin
nrnCounties at Stratford, is
six months. During
the past waeit 4 AilTlll4er of labourers have been employed
the line nearest the
1a.,... far advanced as
Titihamexesc,avaantdingon tplaont
dappiTive thecae
; and also forbe
to admit of temporary rails being
leading from Stratford to Bow, several-IT' in 1119 road
houses have on
pulled down to make room for the terminus
under
purpose of 4 bridge being built, the railway passing underthe
the high road at this pigt. In making the excavations across
the marshes a port Lon of WP* ggin Abbey, lying
ground, has been disturbed,
THE THAMES, SOUTHEND, AND NoNTIfInN AND -,141'n11?1
JtiricvoN,—ln the course of the week the promoters of this
scheme have attended meetings at Bishops Stortford, Saffron
Walden, Dunmow, and Braintree, for the purpose of explain-