The Sun.
London, England, 1845-09-30 00:00:00

ESDAY EVENING, SEPTEMBER 30. 1845,

sham, and Exmouth (Daw's line), % p.—Ditto (Head's),
• p.—Eastern Counties, 213/4—Ditto, New, 7% p.
HUDDERSFIELD, SErr. 29.

A vote of thanks was then passed to the deputation,
and also a special vote to the same effect to Mr. Rawson
individucly, for the manner iu which he had effected
the negotiation.

STomExcitANGE.—The sales are—Grand Union, 414-
314 p.—Worcester. Shrewsbury, and Crewe, 4h.
Huddersfield and Sheffield Juuction, 41—Leeds and Liver-
pool,
SHEFFIELD, SEPT. 29.

. _
STOCK ExdnAlcGE.—The sales are—Eastern Counties, 21
—Hull and Selby, Half Shares, 221 A—London and Brighton,
7414—South Eastern, No. 2 (New Creation), 131/e—Cale-
donian, 14—Derby and Gainsborougb, 41.4s.—East Lincoln-
tit—Huddersfield and Sheffield, 48—Liverpool and
shire, OA—Goole and Doncaster, N—Grimsby and Shef-
field,
D
dd 22irect, 51. 16s. 6d.—Manchester, Sheffield, and Mid-
land Junction, 814—Manchester, Midland, and Great Grimsby,
63/4—Sheffield and Lincolnshire, V. ls. 3d.
HULL, SEPT. 29.

STOCK ExcliaNGE.—The sales are—Blackburn, Darwen,
and Bolton, 11—Huddersfield and Sheffield Junction, 41—
Axliohne, 40s. 6d.—Cambridge and Lincoln, New, 5
Chelmsford and Bury, 2%—Coventry, Nuneaton, &c., 43/4—
Derby and Gainsborough, 595.--Direct Northern, —East
Coast, 3% —Glasgow and Dumfries, Direct Northern,
Union, 414
—Great North and South Wales and Worcester, 17s. 6d.
—Lancashire, Yorkshire, and North Eastern, 51.x—Leicester
and Bedford, 41. 4s. 6d.—Liverpool and Leeds, 3X—London
and Birmingham Extension, 2%—Manchester, Liverpool,
and Great North of England, 60s.—Nottingham, Erewash,
6N—Nottingham and Boston, 4%—North Staffordshire,
6!. 12s.—Norwich Direct, 12s.—Rugby and Huntingdon, 31,4
—South Midland, 71. 15s. 9d.—Sheffield and Lincolnshire
ljaunnic,647., 734—Trent Valley Continuation, 314—Welsh Mid-
-1 ls. 6d.—York and Carlisle, 514—Yorkshire and
Glasgow Union, 51. is. 3d.
YORK, SF.PT. 29.

STOCK ExcnANGE.—The sales are—Newcastle and Dar-
lington Junction, New (Brandling), 53—York and North
Midland, Extension, 30--Coventry, Nuneaton, Birming-
ham, and Leicester, 4%—Grand Union, 4%—Great Grimsby
and Sheffield Junction, 201/—Lancashire, Yorkshire, and
North Eastern, s—Leicester and Bedford, 41. ls.—London
and York, 6%—London and Manchester (Rem.), 43/4—Man-
chester, Buxton, Sm., 9%—Newcastle and Berwick, 193/4—
North Western, OA—Welsh Midlands, 4%—York and Car-
lisle, 5.

RAILWAY INTELLIGENCE.
MANCHESTER AND BIRMINGHAM.

—DmiTtecehhte! n Manchesteryesterday
r,
fai
onnrd
the
hhßee i
prctunorirpnngo
sit
Elea
xmo
AMALGAMATION WITH THE LONDON AND BIRMING.,
HAM CONtIFaI
Companyc I ge ,
the directors submitting to the shareholders their report,
anegildliEnng;
containing the terms upon which it was proposed to amal-
gamate with the London and Birmingham Company.
The meeting was very numerously attended, and Mr.
Worthington, deputy• chairman, presided.
The SECRETARY then read the directors' report, which
stated that in pursuance of the fifth resolution of the
half-yearly general meeting of the company, held at
the Corn Exchange, Manchester, on the sth of
September, a deputation was appointed at the follow-
ing weekly meeting of the directors, with instruc-
tions to renew negotiations for an amalgama-
tion of this company on terms likely to be generally
acceptable to the proprietors. That the deputation,
consisting of J. P. Westhead, Esq., chairman of
the company, William Rawson, Esq., and Thomas
Thompson, Esq. (the earliest opportunity of communi-
cating to the London and Birmingham the fact of their
appointment having been taken), proceeded to London
on Monday, the 14th inst., accompanied by the law
clerk and secretary of the Company ; that the London
and Birmingham Company named a deputation from
their body, consisting of George Carr Glyn, Esq., the
chairman; Thomas Smith, Esq., and Thomas Cooktey,
Esq., to receive and to treat with the deputation from
the Manchester and Birmingham Company; and that a
meeting was arranged to take place between the re-
spective deputations on Tuesday, the 14th inst., at
twelve o'clock. noon, at the Euston station ; that, after
a conference of several hours' duration, an arrangement
for an amalgamation of the two Companies was imme-
diately entered into, subject to the ratification of the
Proprietors, upon the following terms :—The present
nominal capital of the Manchester and Birmingham
Company is 2,100,0001, represeLted by the following
shares :-
30,000 shares at 401 each, all paid up,
amounting to
30,000 ditto 101-41. ditto 120,000
60,000 ditto 101-21. ditto 120,000

Making altogether
46 1,440,000
Remaining to call up on the quarter shares 660,000

2,100,000

The Company are also empowered to capital-
ise their existing debt of

700,000

£2,800,000
It is considered that the 660,000/. remaining uncalled up
on the quarter shares will be required to complete the
works and undertakings of the Company, as already
sanctioned by Parliament. The Manchester and Bir-
mingham Company are to accept such dividend for the
current half-year, terminating 31st Jan. next, as the
profits of their own Company will afford. From the Ist
February to 31st July, 1846, the London and Birming-
ham Company guarantee a dividend to the Manchester
a Birminghami Companyof
0,0
after44thoeo ;andfrom 3
rate of 8 per cent.lst
andon
theird.
opcapitalp
July, 1846, to Ist February, 1847, a dividend after the
rate of 9 per cent. on the capital of 1,800,0601., or on so
much of it as shall have then been called up. And on a
like rate of dividend from Ist February to 31st July,
1847, on a raid-up capital of 2,100,0001., or upon so
much thereof as shall have then been called. From 31st
July, 1847, to the same date in 1848, the Proprietors
willbe entitled to dividends on their capital of 2,100,0001.,
or so much thereof as shall have been called up equal to
that at the time payable in respect of the same amount
of stock to the London and Birmingham Company ; and
from the 31st of July, 1848, the Manchester and
Birmingham l'roprietors will be entitled to the
same rate of dividend as the London and Birming-
ham Proprie tors received on Cher entire capital
of 2,800,0001., such part, if any, of this capital as
may not be then called up being debited with inte-
rest after the rate of five per cents per annum. It is in-
tended to apply, in the next session of Parliament, to
effect the amalgamation of the two Companies on the
terms agreed upon. The Manchester and Birmingham
Company are to be at liberty immediately to capitalise
their existing loans of 700,000/ by an immediate issue
of new stock, which will give four new shares of 101. to
the holders of every then existing 401. share, and a new
the capital rep esented by these
share of 10/ to every holder of the then existing
quarter-shares ; but beyond the payment of a deposit, it
nil:the terms of the above arrange-
Wed to a participation in the
full amount of dividend
viz., from the 31st of July, 1848,
ismm neweinngt nots,
hhiiantamrt
will
npsi drl
until,oedpb become
t mocu ca
esl
dl
entitled
payable to the London and Bir-
to the lit of February, 1849. It is proposed, therefore,
to make arrangements to issue to the proprietors
who may be registered as such, in the books of the
Company, on the Ist of November next, 75,000 new
101. shares, which will be distributed in the propor-
tions above-named ; that is, of every holder in the line
of three 40/. shares, or 120/. Manchester and Birmingham
stock, four new 10/. shares, and so on in the like proper-
ti .n for the holders of quarter shares. The two Companies
are to participate pro rata in all future issues of stock,
which may be required in any joint undertaking for
which Acts of Parliament have to be obtained. Your
Directors cordially agree with the deputation in sub-
mitting their arrangements for the approval of the pro-
lir:eters."
Mr. Tnomesene then came forward and read the reso-
lution, which was to the effect that the meeting should
confirm the terms of amalgamation proposed, and should
give the Directors power to carry them out. In pro-
posing the resolution, he entered into a long and de-
tailed explanation of the report, with the view, as he
said, of enabling the proprietors to understand
thoroughly what the plain and precise nature of those
terms were. Ile congratulated the shareholders upon
having come to this arrangement, but he had no doubt
but their line would, in a few years, reach the maximum
value to which law had limited railway property—
namely, 10 per cent., and therefore, in their negotia-
tion with the London and Birmingham Company, they
bad taken care to come to no arrangement in which that
fact was not kept in view, and formed the basis cf their
bargain.— (Cheers.) The present meeting had been
called in order to give legal effect to the arrangement,
but a special meeting would be called in a very short
time for the purpose of finally closing it. In order to
prevent any misunderstanding, he wished it to be dis-
tinctly understood that the interest which this Company
would have in the Trent Valley would be included in
this bargain. He mentioned this fact in order that the
thareholders should thoroughly understand their posi-
tion. The railway mania had now attained to such a
height, that ho understood that there were no fewer
than ten projects on foot for making a more direct road
from Manchester to London.—(Laughter.) The esti-
mated cost of them was 23,000,000/, on which a deposit
had been paid of 2,300,000/, which no doubt would,
be disposed of by lawyers and engineers. However,
lie believed that this Company was the only one that
would really make a new line to London by Mac-
clesfield and Lichfield. He then called attention to
the advantages which the Company had offer red to the
public within the last three years. Amongst those be
enumerated were, that they had made reductions of from
22 to 28 per cent. in the charges by, the first-class car-
riages, and the time occupied in the journey to London
bad been also much lessened. He said that in the late
negotiation with the London and Birmingham Company
or to take the
the deputation had been met in a courteous and in a b
ness-like manner, and no disposition whatever was
n from a Share-
elevaisntceaddveaintht
advantage.
In
nriavoc
holder, he said that this Compan) would have no parti-
cipation in any stock issued by the London and Birming-
ham Company antecedent to this arrangement, but that
swaerhatordab
they would participate in all future issues of such. The
capital of this Company was limited to 2,800,0
qa roge as it ni
0,
00/ What
the capital of the London and Birmingham Compan3
was he could not say, but whatever it was under existing
Acts, this Company would share in all future issues in
proportion to the amount of their respective capitals.
Mr. Itawsost, in seconding the resolution proposed by
Mr. Thompson, spoke at great length on the value of
the shares of this Company. He also expressed his con-
viction that no other Company would be allowed to make
the line by Macclesfield and Lichfield but this, for it
would be ridiculous to have three lines all i tinning pa-
rallel to each other in the same direction. He would
wish to disabuse the public mind of the impression that
the London and Birmingham Company had too much to
do. lie would rather see a train start every ten minutes
than as at present ; it could be easily done if they had a
little more station room. He concluded by denouncing
the many chimerical schemes that were now in the mar-
ket, and said he would never take shares in one of them.
The resolution was then put, and unanimously
adopted ; after which
The CHAIRDIAN read a letter from MW r. esthead,
tendering his resignation as Chairman of the board, but
the meeting resolved to send a deputation to request that
he would retain the President's chair, and keep it per-
manently.

its being chosen for such purpose, it would then become,
from a small town, a large and flourishing sea-
port. The Commissioners for inquiring into harbours, ex-
pressly state that it would be, had it good communication
with the interior, the best port for landing and shipping the
West India mails. They say that its waters are perfectly
safe and tranquil in the most tempestuous weather, so that
the mails could at all times be put on board, or landed, and coals
be taken in. It is not our object to establish a comparison be-
tween Falmouth and Dartmouth ; but it is sufficient to state that
Dartmouth has merits of its own, which make good its claim to a
large traffic. The Dartmouth and Exeter line gives the
necessary connexion with the Bristol and Exeter Railway
at Exe!er, and so with Bristol, Gloucester, Birmingham,
Liverpool, Manchester, Leeds, and the north ; while the
Yeovil lines, or other direct Hues will give the main thing
—a short communication with the metropolis. Brixham is
another important point which is accommodated by this line.
Brixham is the port of Torbay anchorage, and has shipping
belonging to it of 20,000 tons, besides fishing craft. Brix-
ham employs 1,500 seamen, and the merchants are very de-
sirous of having railway accommodation. Torquay, an ad-
mired watering-place, is now a steam-boat station to the
Channel Isles; and there are also the towns and stations of
Paignton. Newton, Chudleigh, and Moretonhampstead.—
Exeter Paper.

WHITEHAVEN AND FURNESS

RAILWAY.

The first general meetingof the Proprietors of this Com-
pany was held yesterday, at two o'clock, at No. 3, Guildhall-
buildings, the Earl of Lonsdale in the chair.
The usual formalities having been gone through, the
Secretary read the report, which set forth that the line, after
being favourably reported on by the Board of Trade, was, by
negotiation and arrangement with opposing parties, carried
through Parliament as an unopposed measure, the whole
expense incurred up to the granting of the Act being only
5,790/. lls. 9d. It was further stated that, with the consent of
_ _

the Proprietors, the Directors intended to extend the line by
tilverston to Lancaster, so as to complete thecommnnication
from Whitehaven to the latter place. A survey had been
made by Mr. Stephenson for this extension, the capital for
which would be 750,0001. This included the whole distance
of the extension from Funress to Lancaster, twenty-five
miles. The new shares would be offered to existing stock-
holders in certain proportions, and would be issued as
soon as the necessary preliminary steps were completed. It
was also stated that a call of 31. would take place October 20th.
According to the balance-sheet appended to the report the
amount of capital in hand is 17,5001., arising from a deposit
of 11. per share on 17,500 shares ; deducting the 5,7901. 9s. 11d.
for expenses, there was in hand 17,500/.
The CHAIRMAN moved that the report be received and
adopted, which being seconded, was agreed to nem. con.
Mr. FISHER moved the confirmation in office of the pre-
sent Board of Director&
Mr. LEVI seconded the motion.

The resolution, on being put, was unanimously agreed to.
The CHAIRMAN said this closed the official business of the
meeting ; and, for the information of the Proprietors, he
might say that the line was being staked out, and ever step
taken, consistent with due economy, to carryout the object of
the Company.
A PROPRIR'FOR said that a report had gone abroad of a
proposed amalgamation of the line with some other railway
company. He wished to know if there was any truth in it?
The CHAIRMAN replied, that the only measure at present
in contemplation was the extension of the line as stated in
the report from Furness to Ulversten and Lancaster. There
had been some negotiations opened, but they had broke off
without anything definite being done.
A resolution for setting apart 600/. for the compensation
of the Directors was next agreed to, when the meeting
broke up.

SCULLING MATCH FOR 2001.—A grand sculling
match for 2001. and the championship will come off about
10 o'clock this morning between Thomas Carroll, publican,
of this town, and John Clasper, of Newcastle-upon-Tyne.
Some dispute has arisen as to where the starting point should
be, whether with the tide from Eastham towards Liverpool,
or from Eastham against the tide to Weston-point and
back; but, however this may be decided, an excellent view
of the race can be obtained from Eastham. The match has
excited great interest at most of the seaport towns of the
kingdom. particularly in London and Newcastle, whence
large numbers of persons are expected to arrive by cheap
trains, to witness the sport. In the metropolis, where
Clasper has already beaten all the best scullers of the day,the
is decidedly the favourite, the betting on him being 3 to 1.
In Liverpool Carroll is the favourite, and, singular to say,
the betting upon him here is 3to 1 also. He is a young man,
who has been in training for some time past, and seems quite
confident of obtaining the victory. Clasper's boat is an out-
rigger, and weighs 421 b. Carroll's boat is also an outrigger,
and weighs 491 b. Should the weather be favourable, excel-
lent sport may be expected. A race will also take place
between two river gigs, pulled by boatmen. For the infor-
mation of our readers we may remark, that steamers will
leave the George's-pier for Eastham several times during the
day.—Liverpool Albion.
EXTRAORDINARY PRODUCE OF CRANBERRIES.—

Mr. Richard Cleminson, maltster, Millom, is the owner of
a certain field of rough land containing about eleven acres,
which formed a part of Millom Marsh previously to its in •
closure. From this field he has taken the astonishing quan-
tity of six bushels of very superior cranberries, and it is
estimated that there are four bushels that yet remain to be
gathered. Taking the value of the article at the moderate
rate of ls. per quart, it is pretty evident that Mr. Cleminson
will realise a greater profit by his crop of cranberries than
if he had used the inclosure for pasturage. The field,
previously to the berries being plucked, presented a very
pleasing appearance to a distant spectator, as it seems to
be covered with a cloth of the most vivid crimson,—Lan-
caster Guardian. _ _

A JEREMY DIDDLER CAUGHT.—Mr. Edlin, of the
Bull Inn, Trumpington-street, was visited on Saturday
morning ast, by a plain matter-of-fact looking German, wlio
sported a black wig, and claimed intimate acquaintance with
several of the resident fellows of the university; he stated
he was " come up" to attend lectures. Upon the faith of
these representations Mr. Edlin supplied him with the best
his house afforded, and on his application for a loose box, to
hold a horse he expected by the rail, actually lent him a
sovereign till he could get a remittance from his bankers,
Messrs. Reba! ts and Curtis, to whom he wrote, giving Mr.
Edlin the letter to post. On obtaining the money he ab-
sented himself from the house all night, which aroused the
suspicion of Mr. Edlin, who watch.'d him on his return in the
morning, and finding him packing up his not very extensive
wardrobe, gave him into the custody of a pclice-constable,
who brought him before the borough magistrates on Thurs-
day last. The gentleman, who exhibited a deal of cunning
in his cross-examination of Mr. Edlin, and repeatedly begged
he might have a private interview with the magistrates, was,
to his utter astonishment. remanded till Tuesday on a
charge of obtaining a sovereign from Mr. Edlin on false
pretences. After an attempt to conceal his name, he ad-
mitted it to be Julius Rees, and that the letter to Robarts
and Curtis for a remittance was altogether a ruse. Mr.
Edlin's bill for eatablei, &c., was somewhat over V.—Cam-
bridge Chronicle.
BANKING limas.— At a meeting of the Bank
managers, held on Thursday, it was resolved that public
business in all the banks should, 'after the last week, close on
Saturday at twelve o'clock. This step is taken in conse-
quence of the passing of the Act of last session of Parliament
regulating the issues of the banks. The returns of notes in
circulation are to be made up on Saturdays after the close of
business, and to do this correctly exchanges of notes will, in
the first place, require to be made. The change of hour will
be no boon to bankers, who will be kept much later at work
than flomerly.— Glasgow paper.
SHEEP SALES IN SussEx.—The sale of the Stone-

ham flock, consisting of 370 ewes, 240 lambs, and 23 rams.
took place on Thursday, when, in spite of the inclement
weather, not less than 300 persons were present, including the
Earl of Chichester, the Earl of Sheffield, Mr. Bryant (of New-
market), Mr. Jonas Webb (of Babraham), besides represen-
tatives of the Marquis of Bristol and the Duke of Manchester.
The entire company having, by invitation of Mr. S. Gran-
tham, partaken of a substantial collation, the sale com-
menced. The price of the one-year ewes ranged from
655. 6d. to 78s. ; the two-years from 48% to about
765., the best pen of all fetching 81.! 155.; the three-
years ranged from 50s. to 100 s„ the prime pen reaching
71. 15s. a head; and the flill mouthed, from 3/. 15s. to
6/. 15s. The general run of awe lambs was from 30s. to 355.,
the prime 40s. each. For rams the prices were not so high
as expected—from 24 to 46 guineas. Ram lambs were sold
at from seven to ten guineas, but a few realised as much as
13 or 14 guineas. Altogether, the flock realised to Mr.
Grantham 1,191/. 198.—0 n Saturday Mr. J. Ellman's annual
sale and letting took place at Glynde, when 300 ewes were
disposed of at an exact average of 555. each. The one-year-
old ewes ranged generally from 48s. to 515., one or two lots
reaching as high as 545. and 575.; of the two and three year
old sheep there were only three lots, which were sold at 425.,
435., and 445.; the aged excited a spirited competition, three
lots fetching 725., 765., and 78s. a- head, while the prime pen
of all was purchased by Mr. Jonas Webb, at five guineas
each. A five-years-old ram was knocked down to the Earl
of Chichester at '25 guineas, and a three-years-old fetched
the same sum. Another three-years-old was knocked down
to Mr. Rigden, while a two•years-old fetched 18 guineas.
We hear that several lots were purchased by a gentleman
from Scotland.—Brighton Gazette,
DEATH OF THE Ray. MR. WILLIAMS.—EXTRA-
ORDINARY VEnntcr.—On Saturday an inquest was held on
the body of the Rev. H. P. Williams, by Thomas Gamble,
Esq., county coroner, and a respectable jury, to inquire into
the cause of the demise of the above-named gentleman. It
appeared in evidence that, in 1834, the deceased resided in
county Cavan, and was a magistrate there; that he received
threatening notices ; and that he was ultimately shot at.
The
rs. jury agreed to the following finding, gn the evidence of
M Williams, Dr. Williams, Dr. Makey, and Dr. Waters :
" We find that the Rev. Henry Frederick 'Williams died on
the 12th of September, 1845, at Tramore, from the effects
of a gun-shot wound inflicted on him on the 22d of July,
1834, near the village of Virginia, in the county of Cavan,
by some person or persons to us unknown, and from which
he had been constantly suffering," That is—Mr. Williams
had lived eleven years and two months after receiving the
wound.—Waterford Chronicle.
THE STOCK EXCHANGE AND THE " STAGS."..—The
Stock Exchange people have found it necessary to order a
railing to be erected at the end of Capel-court, to prevent
the intrusion of the "outsiders"—persons who deal in scrip
and allotment letters, but who are not admitted among the
regular brokers. These gentlemen carry on their dealings in
the open air, principally in Bartholomew-lane, but if the
weather happens to be inclement they rush up Capel-court,
and create such an obstruction that the brokers are unable
to obtain admission. There has been a large increase in the
number of unauthorised dealers during the last few weeks,
and judgiag from the huge packets of scrip and letters which
are hawked about, business must be extremely brisk. It is
a curious fact, that persons who have been for years wan-
dering about London in a state of almost utter destitution
have been metamorphosed into sharebrokers, and appear in
" the Lane" amongst their brother dealers in attire which
would reflect credit on the skill of a West end Schneider.
STATE OF TRADE.—WhiIe work continues abun-
dant In many departments of our local trade, in the harness
shawl line, there has been a considerable reduction in the
number hands employed within the last ten or fourteen
days. The manufacturers in this department seem quite re-
solved to keep their stocks down to tie demand, although
there is still a good deal doing in the fitter descriptions of
goods. In striped shawls of various fabrics, and in a great
variety of tartan fabrics,there la a strong trade doing, but
the complaint of low prices is general both with manufac-
faeturees and workmen. With present rates the one class
are unabld to sust 'in loss, or any reduetion In prices from
the present low rates; and the workmen have to toil hard
for but women or children's wages, which afford them but a
bare subsistence,— Glasgow Saturday Post.
A letter from ChAtesuneuf de-Mazene (Drome)
states that, on the night of the 2lat hist„ a dreadful storm of
hail, rain, and lightning, burst over the neighbouring coun-
try, and did considerable damege. Several of the smaller
streams became swollen front the immense fall of rain, and
carried away their bridges. The beadle of the church of
Bhtie-Rolland was killed by the electric fluid, when ringing
the belts in contravention of the regulations which forbid
such an act. Other persons are also said to have lost their
lives, but nothing certain was known when tho letter' was
written.