The Sun.
London, England, 1845-08-29 00:00:00

• ! .
a large and steady increase of both oepartmenti of
traffic ; that the Directors felt the most perfect con-
fidence in—'the complete EUCCCSS of the atmospheric
principle, -"WhiCh they were about to apply to the
k.4thith Noon Railway = and that the delay in
opening the fide was Only ()sting to circumsta.:ces
connected with the new system of bbtOMoticm that the
Acts for making branches to Yeovil, TivertodiCleavecionf
0,-wleybridge, and Crediton had received the royal
assent 1 that. the Pill for the Cornwall line had been
postponad till next segaiot tron the recommendation of
the Lords' Committee; but the preaintile had been proved,
and there could be no doubt of its ultimate stiEdess
that the Directors had made arrangements, by gElbscrib-
inv., for TC,OOO shares of the North Devon Company, by
which to secure a ecirtiplete railway communication for
the north of Devon. 15,000 of their ahares would re-
quire a sum of 375,0004, and the remainder to be allotted
to the public ; that the North Devon line would join the
Bristol and Exeter at Taunton, Tiverton, and Crediton,
and would form a very convenient mode of communication
with Cornwall ; that Mr. Brunel was now engaged in
surveying the most eligible line for a communication be-
tween the city of Wells and the Bristol and Exeter line;
allot which the Directors presumed would meet the reason-
able requirement of the districts connected with the
Bristol and Exeter Railway, and therefore recommended
the Proprietors to pass resolutions empowering them, to
carry theta out. The report them referred to the state
of the company's expenditure, by which it-appeared
( that the interest on a portion of the borrowed capital
had been reduc;ed, and still there remained in their
hanker's hands. up to June last, a balance of 39,301 Z :Is.
10d., exclusive of 2,ACtll deposited with the te;,asurer of
the county of Somerset, the 60,00 d. tlittn paid for calls
on 4,000 shares is the South Devon; and the for
1,500 held in the Cornwall Company. The Directors
recommend also the payment of 1/. 81. per share divi-
dend fur the half-year ending next October. The re-
port then went into a detail of the inc,_,me and expendi-
ture of the Company for the half-year ending June 30,
1845, and also of the goods and passenger traffic of the
same period. When the Secretary had concluded read-
ing the above report,
The CHAIRMAN made a few remarks upon it, and con-
gratulated the Company upon the prosperous state of
their property, which it would be remembered was at
one time at 30 discount.

The report having been approved and adopted, the
meeting next agreed to resolations founded on the re-
commendation contained in it, after which
The CHAIRMAN proposed that 200 of their reserved
shares should be presented to their secretary, Mr. J. B.
Badham, at par, as a testimony of the Proprietors' ap-
preciation of the valuable services he had rendered.
The resolution was put and carried unanimously.

MANCHESTER, SOUTHAMPTON, AND OXFORD.
On Wednesday, a meeting of the promoters of this
project was hcld at the Hall of Commerce, Mr. B. Oli-
veira presiding.
Mr. PARSONS explained the object of the line, and
stated that it would complete the midland direct com-
munication between the northern and southern coun-
ties of England. The present fine was proposed to
effect that object, by uniting a line from Rugby
to Oxford with the South-Western line at the An-
dovfx-road station on the one hand, and by a branch
line, the Western Union from the Swindon Sta
tion, with a station on the proposed line, at or near
Highclere. The whole of the northern lines would thus
be connected with the Great Southern outport of South-
ampton. It unfortunately happened that a formidable
rival had forestalled him in the market—he meant Mr.
Bethell's line. But on a comparison being instituted, he
felt satisfied that the one proposed by him must inevita-
bly bs preferred. By file direction which Mr. Bethel)
proposed to take, it would be necessary to make about
150 miles of railway, and to incur an outlay of two mil-
lions, whilst that proposed by him would require but
59 miles, or say 60, of new railway, and the outlay
would be only (taking the ordinary rate of average of
15,000 L to the mile) 900,0001. He was, besides, fortified
in the opinion that his line would be more generally
preferred by the fact that it went over nearly the
same, ground as that which had been recommended some
time back by the surveyors of the South-Western Rail-
way, to effect a junction with the Great Western. And
although he could not positively state as yet that the
South-Western Company w old support him, he was
in a condition to say that they approved strongly
of the plan. - There was to be a meeting at Newbury of'
the Supporti,rs of Mr. Bethelt's line, an.? he subMitted to
the meeting the propriety of sending down a deputation
to coarr and try if any arrangement could be effected
with the prinoters of the oth,r line. •
A depot :t on, consisting of MM~jor Croft. the Rev. Mr.
Fowler, Mr i3mg e, and some other gentlemen, was ap-
pointed to proceed to Newbury.

IRISH LINES.
ULSTER.—The traffic on this railway (twenty-five'
miles opened) WAS, for the week ending 24th August,
1845 : Passengers, 15,731 ; Amount. 516/, I9s. 11d.';
goods. 1471. ss. Bd. ; total, 6641. ss. 7d. Corresponding
week of laSt year :—Passengers, 9,784 ; amount, 3761.
10s. 2d. ; goods, 1141. Is. Bd. ; total, 490 L 1 ls.
IRISH WEST COAST.—The Mayo Constitution an-
nounces an entirely new line, " to compete the chain of
coast communication, and form a connexion with lines
already established or projected. It will commence at
or near the city of Limerick, and taking' a northerly
direction proceed through the counties of Clare, Galway,
Mayo, and Sligo. by a junction with the Sligo and
Raitway, and accommodating on its route
the important cities and towns of Limerick, Ennis, Gort,
Loughrea, Athenry, Monivea, Tuam, Ballinrobe, Castle-
bar, Westport, Foxtbrd, Balling, Killala, Swintord,
Streamstown, and Sligo, which town being connected
with the north, east, and south, by the different lines
through Enniskillen, Londonderry, Coleraine, Belfast,
Armagh, Newry, Dundalk, Drogheda, Dublin, Wicklow,
Wexford, Waterford, Cotk, Killarney, Valentia, Tralee,
and Limerick, the establishmert of this line will cause
Ireland to present a completeness of locomotive commu-
nication which no other country in the world enjoys."
EXTENSION FROM TEMPLEMORE TO NENAGH AND THE
SHANNON.—The Secretary of this Company has been
sent over specially by the Board of Directors to traverse
the line from Nenagh to Templemore, and from Nenagh
to the Shannon, accompani.-d by the acting engineers,
with a view to have all matters connected with this rail-
way completed in due time for the obtaining of their
Parliamentary Bill in the ensuing session, and that im-
mediately after which the works may be proceeded with
without delay.—Nenagh Guaraian.
KINGSTOWN AND BRAY.—On Wednesday a meeting
of such scripholders in this line as purchased at a pre-
mium was held at Jude's Hotel, Grafton-street, and
preliminary arrangements were entered into for meeting
the Directors of the Kingstown Company, with the view,
if possible, of effecting an amicable settlement of their
claims.