The Sun.
London, England, 1845-10-11 00:00:00

T II

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integral portion of any grand trunk line extending near the coast be-
tween Dover and the west of England.
The Committee of Management will seek power by their Bill, and
in the meantime take power to enter into arrangements with any
other company or companies; also to alter or extend the line, and
to mak branch lines. The district presents no engineering diffi-
culties.e Many of the principal landowners have expressed their un-
qualified approbation of the undertaking, and it has the warmest
support of influential parties in the town of Southampton and the
whole of the district through which the line extends.
Careful calculations have been made by persons of great practical
experience of the cost and probable income of the line, and it has
been found that, in addition to its other obvious advantages, it pos-
sesses the all-important one of being a remunerative line.
Power will be sought in the Act to allow 4 per cent. per annum in-
terest on the calls.
Applications for shares, in the form subjoined, accompanied with
satisfactory references, (without which no application will, on any
account, be attended to) may be made to the Solicitors, or to the fol-
lowiag brokers, namely :—William Rodwell, Esq., 22, Throgmorton-
street ; Messrs. G. Baker and Son, "Stockbrokers, Threadneedle-
street; Messrs. Peppercorne and Co., Stockbrokers, 2, Old Broad-
street, London ; Messrs. Schroeder and Ashlin, Liverpool ; Messrs.
Itidedale, Hirst, and Ridsdale, Mr. R. Powell, Mr. John Birtles,
Messrs. Gardiner and Heap, and Mr. Augustus Hahn, Manchester ;
Messrs. John Young and Co., Mess. Wellbeloved and Oastler, Messrs.
Whalley and Sons, Messrs. Chantrell and Boycs, Messrs. Whalley and
Andrews, Messrs. Kitching and Marshall, and Messrs. Turley and
Cooper, Leeds ; Mr. William Tuke, Bradford ; Mr. Joseph Thack-
vrray, Harrogate; Mr. Thomas Askwith, Ripon; Messrs. Crowther
and Brook, and Mr. James Hervey, Halifax; Mr. W. Welsh, Lan-
caster; Mr. T. Wren, Preston; Mr. John Cragg, Skipton ; Mr. John
Gibbons, and Mr. Joseph Nelson, Settle ; Mr. W. H. Morrice, Black-
burn ; Messrs. John Andrews and Ce., Huddersfield ; Messrs. Carton
and Wright, Sheffield ; Messrs. Foulds and Cockburn, Glasgow ;
Messrs. Alsop and Son, Hull ;- Messrs. E. M'Callum and Co., and
Mr. James Pringle, Edinburgh; and Mr. Joseph Clark, and Messrs.
Rusty and Co., Southampton.
FORM OF APPLICATION FOR SHARES.
To the Provisional Committee of the Southampton, Petersfield, and
London Direct Rgilway.
Gentlemen,—l request that you will allot to me shares
of 201. each in this Company, and I undertake to accept the same,
and to pay the deposit thereon, or upon any less number that may
be allotted to me ; and also to execute the Parliamentary Contract
and Subscribers' Agreement when required.
Name in full .. • • • • • • • • • • • •
Residence .. •• • •
Trade or Profession • • • • • • • • • • . • • • • •
Place of Business
Reference .. •• • ....• • • ..... ..• •• • •
Address of Referee ...• ••.••• • • • • • •

D ELECT MACCLESFIELD AND CHESTE
RAILWAY.
Provisionally Registered, pursuant to 7 and 8 Vict. c. 10.
Capital 750,0001. in 37,500 Shares of 201. each.
Deposit 21.25. per Share.
COMMITTEE OF MANAGEMENT.
William Chaplin, Esq., Lad-lane and Greenhithe
Robert Green, Esq , Macclesfield and Birchin-lane
Joseph Underwood, Esq., The Park, Blackheath
C. F. Colman, Esq., Shirley, Southampton
John Tall, Esq., Hull
William Hawbrey, Esq., Fulham
Bentinck W. Doyle, Esq , Bentinck-street
John Chaplin, Esq., Gracechurch-street and Greenhithe,
Kent
William Holloway, Earl:, Lime street.square
Samuel Pocock, Esq., Bloomsbury-square
James Adair, Esq., United Service Club
Richard Reilly, Esq., Cleveland-row, St. James's
J. F. Bacon, Esq., Austin-friars
Philip Bennett Lucas, Esq., Manchester. street, Man-
chester-square

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Parlia-

ENGINEERS.
Sandiforth F. Griffin, Esq. ; and J. H. Taunton, Esq., 2
ment. street.
SOLICITORS.
Messrs. Cattarns and Fry, 62, Mark lane, London ; and
G. A. Colman, Esq., 2, New-inn, Strand
SECRETARY—George F. Hire, Esq.
The names of the Provisional Committee, numerous and influen-
tial, will be published in a few days.
The present line will commence at the terminus of the projected
Sheffield and Macclesfied Railway at Macclesfield, and will proceed
in a direct course :(by or through all the intermediate towns of
any importance) to the terminus of the projected Chester and Holy.
head Railway at Chester, the object of the present undertaking
being to complete the direct communication between Holyhead
and the Humber by means of the line in course of formation
from Chester to Holyhead on the one side, and the projected rail-
ways from Macclesfield to Sheffield, and from Sheffield to Great
Grimsby on the oiber. The Macclesfield and Chester and Sheffield
and Macclesfield Junctions will thus complete the required links of
connexion between the eastern and western coasts of England,
forming the grand highway of commerce with Ireland and foreigh
countries.

The present trade of Chester and Macclesfield, as well as the
pleasure traffic between those places and the intermediate towns
and villages, together with the extraordinary increase in travel-
ling which every new facility brings with it, and which the pro-
jected line of railway opens to and from the splendid scenery of
Wales, and the romantic districts of Derbyshire, independently
of the well-known agricultural and mineral produce of the sur-
rounding country, and of the neighbouring counties, which by
this line and the lines in continuation of it, will be carried into
every direction, affords a sufficient guarantee for the prosperity of
the project; and with a view to insure its success, it has been
deeided in the allotment of shares to give a preference to the ap-
plications from parties resident on the line, and also to parties in-
terested in the projected line of railway from Sheffield to Maccles-
field, with which its interests are necessarily and intimately con-
nected.

Applications for prospectuses and shares may be made at the
offices of the Company's Solicitors, Messrs. Cattarns and Fry,
62, Mark-lane, London, and G. A. Colman, Esq., 2, New Inn,
Strand, and to the undermentioned Sharebrokers :—L. H.
Haslewood, Angel-court, Throgmorton-street, London; W. W.
Foote, Sheffield; R. F. Hine, Macclesfield; Schofield and West,
Hull • Smith, Knowles, and Cook, Leeds ; Hebden and Parkin-
son, Leeds, John Walkington and Co., Leeds; Cuff and Fox,
Derby; William Miles, Worcester ; C. Birbeck, Worcester ;
John Smith, Birmingham ; W. H. Collis, Birmingham ; Messrs.
Cook and Co., Bradford ; William Wood, Manchester; J. and D.
Wilson, Manchester; A. Moffitt, Edir burgh ; Henry Vatcher,
Exeter; Hall, Brothers, and Co., Cheltenham ; Black and
Lorimer, Glasgow ; E. Baylifik, Liverpool ; George Edwards and
Son, Bristol; R. P. Clark, Bristol ; and J. Bamforth, Rotherham.

NEWCASTLE AND LONDON COAL
RAILWAY.
aboveo 6
railway
aiw sharesay
wowill(Provisionally Registered).
451.
fect each.
tw o great
The establishment-Pb' ofle 'the" n
and important objects :—first, the supply of the ',sermons Arid *t
vicinity with coal fully twenty per cebt. cneaper than bythe ae!
sent mode of transit : secondly, by the exclusion of passenger
traffic to diminish the risk of accidents. The Bosrd of Trade, In
reference to the latter, have in their report upon the subject, laid
great stress on the importance of separating the passenger from
goods trains ; and the Select Committee of the House of Commons
on the coal trade recommend that every means of promoting a new
supply of coal should be encouraged. The existing lines for the
north being already crowded to excess with trains of every class,
travelling at velocities varying from twenty miles per hour, it be.
comes manifestly necessary, with a view to public convenience,
and supplying the metropolis and the intermediate districts
withcoals from the coal fields in the north, from which at present
the greater proportion is supplied, that an independent railway,
devoted exclusively to the conveyance of coals and goods at a
moderate and regular speed, should be constructed from Newcastle
to London. It is, therefore, intended to confine this railway to
carriage of coals and goods only ; and it is ascertained that the
conveyance by railway of large quantities, for long distances, at a
moderate speed, and at comparatively low rates, will be as profitable
as tbe carriage of passengers at a greater velocity, The actual ex-
perlence of the London and Birsoinghain Railway affords a safe
ground for calculation; the expenses on that line for the year 1844
being 1;4721. per:mile ; at the same rate per mile, 2,000,000 tons of
coal annually may be brought the entire distance from Newcastle;
this quantity is about one-half of the present importation from
London, making on the average from 13,000 to 14,000 tons
daily.

- ,
The extreme fluctuations to which the price of coal is subject
from irregularity in the supply, dependent as it is on the uncer-
tainty of the winds and weather, has hitherio operated against the
estabishment of manufactories on the banks of the Thames. From
the same cause, also, London has, at times narrowly escaped total
darkness, the gas works not being able to obtain their regular
supply of coals. In the course of the last five years the prices of
household coal, on the Coal Exchange, have fluctuated between
14s. 6d. to 275. per ton, and last winter the price rose even to 355.
per ton ; the high prices always occurring at a season when the
scarcity, and consequently increased price of coal, is most distress-
ing to the poor.
The removal of the colliers from the Pool is an important con.
sideration, as it will necessarily render the navigation of the
Thames safer for all other vessels: and it is no valid objection
to this undertaking, that it will supersede, in a great measure
the employment of collier ships, because it is now ascertained, be-
yond all doubt, that coals can be brought to London by railway at
20 per cent less than those sea.borne ; and, therefore, London will
be supplied from Yorkshire, Staffordshire, Derbyshire, and South
Wales, unless the present project, or one offering equal advantages
to the northern coal-owners, In their certain and fast approaching
competition with the Infant collieries, be carried into effect.
In addition to the through traffic, accommodation will be afforded
to the intermediate districts for the conveyance of coals and goods,
which will materially increase the revenue of the Company.
The estimated cost of the line is 5,000,0001., and the traffic, in
in the Act, limiting the
coals alone, will give a net return of 10 per cent.
It is proposed to raise the required capital in 200,000 shares of
25111. eeacchuistdomepaorsyite2l.s.usle2ss.w6ildl.bpee
insertedrshare.
liability of the shareholders to tho amount of their respective
shares.
Interest, at the rate of 4 per cent, per annum will be allowed
sr es
on all calls between the passing of the Act and the opening
h the sum
shall haveg
railway, of tha
The Committee, with the view of enabling responsible
suopepnaywinhgie,
(desirous to participate In the allotment) to secure at least') ti
shares in this great undertaking, will permit the payment
of
amine
liminary deposit of 10s. 6d. per share previous to application bile.
shares
e ;
allottedand w i I l
them, guarantee
to at that
least
theth e
numberparties
paid by them as a preliminary deposit, shall cover the full deposit
of 21. 12s. 6d. They, however, reserve to themselves the right of
limiting this privilege to the extent of 100 shares, if a larger
number should be applied for, or even of refusing it, in cases
where they may find, on inquiry that the applicant is not in their
judgment eligible to be a shareholder; in such cases the deposit
will he immediately returned ; nor will this privilege be extended
beyond the disposition of 100,000 shares, after which the bankers of
the Company will receive instructions to refuse preliminary de-
posits.
The preliminary deposits must be paid to the Bankers of the
Company, who will furnish a receipt for the same. The Com-
mittee caution the public not to negociate such receipts, as their
undertaking to supply the shares hold good only so far as the ap-
plicants, upon their references being examined into, prove re-
spectable and responsible. They particularly request that each
applicant for shares, who avails himself of this privilege, will
state, in his application, the amount of the deposits d •ts lie has paid,
and the number of the Bankers' Receipt.
Prospectuses, with fuller information and in detail, together
with Forms of Application, may be obtained on and after October
18, by applying to Messrs. B. and M. Boyd, New Bank-buildings'
and Messrs. Wells, Westrop, and Prinsep, 75, Old Broad-street,
London ; and Mr. Edward Reed, Messrs. Drewry and Richardson,'
and Mr. Wm. Fordyce, Newcastle, and to the following officers
of the Company.