The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-05-03 00:00:00

• THE LTVEBPOOT4 STANDARD, TUESDAY, MAY 3, 1853.

LONDON AND NORTH-WES TERN
RAILWAY.

A meeting of Shareholders in this company was held at
the E Won S!-ation on Saturday. under the presidency of
Major-General Anson, chairman: of the directors, to re-
ceive a report on the proceedings of the railway committee
of the House of Commons, and to determine on -the
creation of new stock. The chairman stated that the
company was willing to have withdrawn its bills now be-
fore the House of Commons, provided the bills of com-
peting lines were likewise withdrawn ; but as theparliamen-
tarp committee had decided that these should go on the
company, in self-defence, were compelled to proceed.
After explaining the course of evidence before the com-
mittee for and against the principle of amalgamation, and
expressing certain views with reference to the concession
of new lines, the chairman laid before the meeting the
directors' proposals. They proposed to make the follow-
ing lines:—
New Lines. Miles. Est. Cost.
St. Alban's to Amersham and Chesham 18
Oxford, Thame, and Tring
Northampton and Market Harborough IS
Oldbury and Stourbridge Bl .... . 300,000
Wellington and Coalbrookdale.
Shrewsbury to Newtown
Cre4e to Shrewsbury
Oxfordshire Branch

A 2,149,000

After explaining in detail the circumstances of these
projects, and the advantages they offered, General Anson
adverted to the fact that the London and North-western
had subscribed for shares in other companies £3,292,656;
the present market value of this Stock was only
£2,905,970, but during the last four years the property
had increased in value by £1,200,000, and would probably
soon equal the sum invested. It would not therefore be
advisable to sell the Stock, and the Directors proposed to
raise for the new lines £3,054,600 additional capital, by
the issue of shares of £l2 10s. each, to be allotted in the
proportion of one to every holder of a £lOO share, and
that a deposit of £2 10s. per share on the amount should
be paid.—Mr. Uperoft moved, at an amendment, and
Mr. Dickenson seconded, that the meeting be adjourned
until after the Parliamentary Committee had reported.—
C. Geach, Esq., M.Y., thought it absolutely necessary
for the protection of their interests that these bills should
be proceeded with. If every other Railway Company
withdrew their bills, he was satisfied the London and
North-western would not hesitate to withdraw theirs.
If they could have kept their line clear of hostile opposi-
tion, they might not have felt it necessary to project
these branches; but now the security of the whole thirty
millions of their capital was involved in the maintenance
of their present position.
Mr. Beloe would be glad to hear from the chairman
some reasons why these bills ought not to be postponed,
or what grounds there were for supposing their property
would be injured if they were not proceeded with.
Mr. Arnaud had seen the gradual depreciation of
their property, and thought it would be advisable at least
to suspend all further operations.
After considerable discussion, the amendment was re-
jected, and the original resolution being put, was adopted
by a large majority.

SPORTING INTELLIGENCE.

BETTING AT MANCHESTER.—FainAy.

The movements at Newmarket have been attended with im.
portant changes in the betting upon the Chester Cup. On
Monday, a few were anxious to back Lord Lieutenant,, and as
low as 35 to 1 was taken, but in a very short time 40 to 1 was
the current offer ; 7 to 1 was taken on Wednesday to some
money about Trifle, and 15 to 1 about Talfourd. Yesterday,
there was a tremendous rush in favour of Lord Lieutenant,
commencing ac 40 to 1, and closing at 100 to 8 (taken freely),
the same price being freely offered against Trifle. In the
evening, at the Commercial Hotel, Peggy (who has never of
late been held very cheap in this market) was very significantly
spoken of by a gentleman who is not altogether ignorant of the
movements in "Dawson's" stable, but the layers seemed shy.
To-day, however, and early too, her friends were numerous,
but owing to so many having gone to Newmarket there was
but little money got on ; Lord Lieutenant's patrons had cooled
a little ; Trifle was backed to win a few hundreds at 100 to 8, but
we think it waa more hedging money than otherwise.

CHESTER CUP.
12 to 1 agst Mr. T. Parr's Trifle—taken.
100 to 8 Mr. Wilkins's Peggy—taken freely.
14 to 1 Lord Wilton's Lady Evelyn—offered.
100 to 7 Mr. Nichol's Newminster—taken, aft. off.
15 to 1 Mr. Wilkinson's Lord Lieutenant—taken.
100 to 6 Mr. Knowles's Talfourd—taken, aft. off.
20 to 1 Mr. E. R. Clark's Missive—offered.
20 to 1 Mr. Greville's Scarecrow—offered.
25 to 1 Mr. Hind ns. Braxey—taken, aft. off.
25 to 1 Captain Scott's Helena—offered.
33 to 1 Mr. Saxon's Black Doctor—offered.
100 to 3 Mr. Barber's Woolwich—offered.
40 to 1 Mr. Williams's Shropshire Lass—tk. aft. off.
40 to 1 Mr. Saxon's Richard Primmei—taken, aft. off.
40 to 1 Mr..C. Spence's St. Michael—offered.
40 to 1 Mr. Morris's Indian Warrior—offered.
40 to 1 'Mr. Palmer's Goldfinder—taken.
50 to 1 Mr. Harrison's King of Trumps—offered.
200 to 3 Mr. Morris's TimieFawn—taken.
In the evening, at the Commercial Hotel, 100 to 3 was laid
several times against Scarecrow for the Chester Cup, and 13 to
1 was taken to a pony about Lord Lieutenant.
THE DERBY.
7to 2 agst Mr. Bowes's West Australian—taken.
7to 1 Baron Rothschila's Orestes —taken.
9to 1 Mr. Surtees ns. Honeywood—taken.
10 to 1 Duke of Bedford's Sittingbourne—taken.
20 to 1 Lord Derby's Umbriel—taken.
THE OAKS.
9to 2 agst Mr. Wauchope's Catherine Heyes—taken.
6to I Baron Rothschild's Mentmore Lass.

dleton; Lancashire, joiners.—Mainwaring and Woods, Liver-
pool, coal dealers.—G. Kemp & J. Motherell, L'pool, surgeons.

PAYMENT OF DIVIDEND.—J. Keron, Altrincham,Cheshire,
builder—first div. of Is. 84d., on any Tuesday, at Mr. Pott's,
Manchester.

DIVIDENDS.—May 20, W. Russell,. Liverpool, merchant.—
May 20, J. S. Leake, Sandbach, Cheshire, salt merchant.
CERTIFICATE.—May 23, T. W. Baker, Walton-on-the-Hill,
Lancashire, and Liverpool. tobacconist.

MARKETS.