The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-01-20 00:00:00

RAILWAY INTELLIUENCE.

it is 'a • b sat tht riefs to the aount of £50,000 have been
extel to leaeiang counsel in railway cases.
feuue
s° Friday a man engaged in repairing the rails at Park-
.,enee-
on
train and kille d the North Union line, was run over by a pas-
t. Ate amalgamation of the Lancaster and Preston June-
-01%, with the Lancaster and Carlisle Railway, was agreed
They the two companies on Wednesday.
majority of the Manchester shareholders of the
tiaanchester and Rugby have agreed to unite with the
bl.felesfield and Lichfield Company, and to go to Parlia-
ment a, one body.
44104 cut rent estimate now formed in the city of the
le„ll,t,it Payable as railway deposits, shortly after the as-
lennug of parliament, is not less than £10,000,000, in
erobibility not much short of £12,000,000.
ill:Abler:emu of Thursday has given a list of 879 railway
'oPanies which broke down in the first stages of parlia-
proceedings. This is a great lesson of what is to
,:xPected in the remaining stages.
hThe Shropshire Union has been formed by the consoli-
~~n of the Ellesmere and Chester Canal, the Shrop-
t:e Cal, tee Birkenhead and Sroshire, the T
11eY Jnunction the Shrewsbury andh Worcester, andrent the
wi,reester and Crewe.
HE LATE FATAL ACCIDENT ON THE NORFOLK RAIL-
WAY'--On Tuesday the adjourned inquest was continued.
dieonters, lPesley was examined. The jury returned a ver-
du °f Accidental Death, caused by the imprudent con-
tof the eiigine-driver in going at an excessive speed."
*a be Bradford, Manchester, and Liverpool Direct Rail-
be has been abandoned for the present. £2 2s 6d will
del
O
returned the shareholders who have paid up their
its'in full, and defaulters who do not pay up their
''ta of lOs a share will be publicly exposed at the end of
at
1r°,311 the Smyrna papers we learn that railways are at
foese_net the order of the day in Turkey. Of three pro-
-401 lines, which should respectively connect the Turk-
u, "Pitel with Smyrna, Varna, and Adrianople, the rela-
„ e merits are earnestly discussed. The Impartial news-
es P-r decides in favour of the Smyrna line.
o,lteoaisterioN.—A meeting was held at Manchester
the the 12 h instant, at which it was agreed to amalgamate
Nlmieliester and Rugby Direct and the Churnet and
"I
...e
71Yllie Railways. Both, however, have to go to Parlia-
oftaht4
Oatnhelertheeuccessful one will join their capital to that
t,t4t the Rolls Court, on Wednesday, the injunction ob-
it'" by Mr. Cooper to restrain Mr. James Bettersby
~!ra selling or otherwise parting with certain shares of
iirt,!k standing in his name in the books of the Birming-
dt::adLiverpeol Grand Junction Canal Company, was
Theeltaaneheeter and Birmingham Company, in con-
etTesti With the London and Birmingham Company, hive
tensd to proceed to Parliament with their proposed
Midlands oils, and to contribute to the Buxton, Matlock, and
.£19,1000, to the Shropshire Union £2J0,000,
4fl to the NI an:eiester and 11 yde £73,000.
ear'' Railway World states that numerous applications
tt "'lu mad:, in Moorgive-street, London, arid near the
'tick
Excliancre far offices which were vacated during the
b„`l'e, a fe.w weeks' since, and that there is an appearance of
e;'tte in all railway neighbourhoods, which contrasts en-
lagingly with the state of affairs a month ago.
hefe eurieus mode of annoyance on the part of share-
4sers'who ctisid, r themselves wronged by provisional
..rnmittees ha b .en exhibited in London Placards have
co'rnu carried about, on which is inscribed the. name of the
of Party considered delinquent, together with the names
metricnf the committee-men as are best known in the
ohs
111;'' CoGeNv THREAT.—The Erewash Valley have
haielitee.ed
their defaulting shareholders in a rather origi-
.ashion. The secretary says, " 1 am, therefore, ne-
e ted to inform you. that unless the sum of £2 is
Acid
et,he°,a or before the 22d inst., your name will be fur-
of se to one of the principal and most pressing creditors
the court
A awany.
ia•j„;ENIENT. DEVICE.—A gentleman affected with the
bel,•leY mania a few seeks since, which affected so many
1478 himself, applied for shares in a certain company
eetv 'ailed in paying the deposit. A few days ago he re-
au ed a very touching circular, which is calculated to go
tee,,_ to the feelings, even if it does not succeed in reach-
eaTi.ue Pocket. It offers to surrender the letter of appli-
tod' I for the trifling sum of three shillings per share,
f ittsexPref,ses the reliance of the committee " on the good
4,:iand horiourahle understanding which they are
,j,usti-
;;ln helievieg dictated tee appl cation for shares.
110saAlLeVeer ACCIDENT.—On Wednesday morn ng, the
eh f orn Derby to Leeds, an I which is due at the
I,ot'isterfielu statioa at seven o'clock a m., arrived at the
t 1,14,1 at Chesterfield at a most terrific speed, arid al-
he Ugn the etenn was shut off near the Horns public-
teew the rate it was then go-
tr!" as unable to stop ; and at this moment a mineral
Loin, which was croseing in order to get from the down
the to the up one, was run into with fearful violence by
gibe Passen:.er train from Derby, by which means the en-
e of the latter was thrown off the line, and it was almost
r"racle that none of the passengers were either killed or
"tided. Several carriages were broken to pieces.
the t.a meeting of the Lancaster and Carlisle Rai!way,
ft. In this town on Wednesday, the report stated that
to' ',Oat amount received to the 31st December, amounted
,811,130, and the expenditure to £663.637, leaving a
6' lance of £217.493. The Chairman said, that out of
to
'oo'
0,000 cubic yards of earth work, 5,000,000 had been
kates
,e'Pleted, and that the masonry was in a very forward
ismight venture to say, with the knowledge he
•
e"ad He
himself of the state of the work, that unless we should
4i.a°s a very wet spring, there seemed every reason to be-
e that the railway would be opened about the begin-
' ne or middle of July; and, if so, no railway of equal
Plet-
g d
in sth, s evo
enty miles long, would have ever be, n coin-
short a time. The report was carried with-
tht oPPosition, and there was great unanimity throughout
meeting.
CHESTE
gay R AND BIRKENHEAD RAILWAY.--OD Satyr-
o_ ast a meeting was held at the Euston-square Station,
j!1°11, at which were present the Chairmen and Deputy-
4ueirraeu _
of the London and Birmingham, the Grand
LI:3?„ °ll, and the Chester and Holyhead Railways, the
11,4'11-lan of the Chester and Birkenhead Railway, and
tie: Lewin Mozlsy. The result of the conference was an
antr 'Ctnent foi a lease for seven years of the Chester and
voiCenhead Railway, to the Chester and Holyhead Reil-
eta, C, ' °mPany on the following terms, viz. :—On the
Yei'a' Stock of the company, five per cent. for the first
'3ix per cent. for the second
cent ; seven per cent.
yeo`ue third year ; and eight per . for the la,t four
Pre:me; This agreement is, of course, subject to the ap-
eesr°of the proprietors. There can be no doubt, how-
Heolthat it ,11 be affirmed.
sle., B vv
OSTON, NEWARK, AND SHEFFIELD RAILWAY.
~ndeJohn Denniston. the secretary of this railway, has,
Otter date the 16th instant, written a letter to the editor
Of he Times, correcting an erroneous impression
14" e Present position of this undertaking. He states—
cll4l Your pubashed list of defunct railwaye, you have in-
Sioe7l the Newark and Sheffield Railway, and its eaten-
*ite Sleaford. lam happy to say that these schemes,
bare, farther extensions, are all alive, and ready to go. to
of IZent with every prospect of success, under the title
!tilt ije Boston, Newark, and Sloffield Railway,' which
nil!" P." centof i's capital paid up, arid ready for de-
sees,4wlth the Accountant General, and is, moreover,
?cater, ?r, most favourable terms to the Sheffield, Ashton-
Ltue, :leYne, and Manchester Railway Company. It is
'oe Le"B Was published at the time by the directors, in all
tieeti,"bdon dud in most of the provincial papers, that the
uour;ns Were deposited with the clerks of the peace a few
tatern". top late, but lone before business hours on the
Pre,,elPg after the 30th Nevember, and it can be clearly
dead that the delay in deposit of the sections (the plans
Oe
eatid.eok of reference being in good time, arid all other
b
Y tete sof standing orders complied withrwes caused
4CII ir felonious abstraction from the printei's office, an
140,:,rence which was entirely beyond the control of the
A uteri; or those representing them."
Iltee;tleaNTs FOR SHARES. There is something
the prrr. in the desperate efforts that are being made by
eve,;()Jectors of thbubble railway companies to obtain
/t,hort; trifis, however small, from the pockets of those to
tileties esuares have been allotted. Every kind of inge-
allet ,device has been resorted to for the purpose of get-
'be htlell4 at least to cover the preliminary expenses of
*liee-dtt, merous abandoned projects. Threatening arid
4pee,lii'g have both been tried. The allet ees have been
eerri"gd.to through their fears, their sense of justice, and
Gtllsympathies. Some companies have asked ten
stae-s ts a share as a preliminary deposit, hoping to
tee e their dupes. with the prospect of going to Perlis-
th lit
0 e hop the ensuing session. Others have openly avowed
.e thr tuwness of their schemes, but have demanded two
4lertteee shillings a share .s the price of letting the imfor-
:re te",,aPPlicante escape from the liability in which they
Lltt inir7 they have involved themselves. A very enter-
;Late, g Miscellany, to be called the Curiosities of Railway
seta, attire, might be made up of the various letters of al-
'ledetlt and subsequen commun'caOons that have been
t,',3 the applicants forts, ares during the railway mania,
highl Panic which has succeeded it. At first there was
„e tzel,tk„°ne of ind.fference as to whether the shares would
wouil'll,llP, accompanied be an off-hand intimation, that
i)oe deposit was paid by a certain day. the letter
Ippitoo..te cancelled and the shares disposed of to other
rB. Soon, however, the allotments became more
'anger namount, and less stringent in their conditions.
"'lie was allowed for paying tne deposits.
leer raeL,,Nvehi'a REVENUE.—The traffic receipts for the. past
fsreeee""s amount to upwards of k3,C81,000, being an
h.`0,4471a1..X600,000 on the corresponding halt year of
atigha sitting out of consideration the London and Bir-
'eeet 4, the Grand
DtsJunction and the Midland, whose
,tee cult efe know, have largely increased, but which are
to comparison OWing to the. amalgamations, , we
ththe eon'‘ute a large portion of the increase of £6h0,000
testuwing lines, and in the following proportions :
thh'*,4oo. the Counties, ZlO,OOO ; the Great Western,
e' Blackvvall £lO MO; the Brighton, £20.000 ;
De Ydon, .£27 000'; the Sour h- Westerp, £13,010;
mere "cheater and Leeds; £36,000; the Newcastle arid
th legto
Shece°, £49,000 • the Preston and Wyre, £7,000;
itt 'weld and Manchester, Ile ern £2.3.000 ; the South-
ILA 'lB Goo •
4rth the Taff Vale, 16,000; and the. Yoi k
h.eran,e_yeleteidland, .£21,000 The total gross receipts of
da be're'l for the 'United Kingdom for the year 1845
t0100,0,a almost £6,650,000, showing an increase of
ti ,8004. or 20 per cent. over those of the year 1844;
4,'4)0 000' or 37 per cent., over those of 1843. and
tb the 111.,_0r 54 per cent. over those of 1842 ! These
thee wori:7l encouraging prospects for future enterprise.
et_efere',ll3g railway property of Great Britain may
tete at
tkne reckoned as worth from 20 to 25 millions
ktraee wuerPresent moment, than at this time last year :
illtted to t?.,.da, a clear increase of that amount has been
tith, lotto"- Productive capital of the country, It is true
titklet th,tadchtional lines of railway have been opened
tee" ecountoP,eriod, but their amount is small, and is more
tette,
~,_nalanced by the omission of certain items of
"Qt Included above.—Railway Chronicle.

DEPOSITS ON Mit. HUDSON'S LINES.—Mr. Hudson
has announced that none of the companies with which he
is connected, the Midland, the Eastern Counties, the
Newcastle and Darlington. &c., which are opened and
paying dividends, will take a farthing deposit, in respect
of their applications to Parliament for extension, which
the companies being able to make out of their surplus
profits, an undertaking to that effect from the directors is
all that the standing orders require. This w,ll greatly
reduce the total amount of deposit required. which, in-
stead of being £14,000,000, or £15,000,000, will be in a
very small compass.
FALL OF A VIADUCT.—About six o'clock. *n Friday
morning week, twenty-eight of the pillars which support
the great viaduct of Barentin, on the Rouen and Havre
line of railway, which rose more than 100 feet above the
level of the ground, fell, with a tremendous rumbling
sound. Fortunately no person was injured. The loss is
estimated at 600,000 francs, and a delay of several months
will be caused in the opening of the line. The now fallen
viaduct was commenced in the spring of 1844, since which
time from 200 to 300 men have been employed upon it,
and was so nearly finished, that not more than 40 were
still at work. This was a colossal structure, formed upon
27 arches, each of 150 feet span, formed of brickwork, as
well as the pillars, on socles of stone. Its entire length
was about 500 yards, and now scarcely any portion of it
remains standing. The cause of this vast destruction can-
not be ascerta lied. The loss, it is said, would have fallen
on the contractors, Messrs. M'Kenzie and Brasey,
solely; but the company have agreed to bear half the loss.
PAYMENT OF THE HAILWAY DEPOSITS To THE Ac -
COUNTANT-GENEEtAL —The Railway 7 imos has the fol-
lowing on this subject :—There will not he any crisis.
We know of a certainty, that in the operative part of the
payments for deposits this is the process. Take Messrs.
Glyn as bankers to a large number of the railways. They
and all other bankers have accounts at the Bank of Eng-
land. Assume that they have to pay into the Court of
Chancery a million of money ; no money passes ; the
bankers give a check upon the Bank of England ; this
check, probably for £lOO,OOO, is taken to the Accountant-
General, who receives it as cash; ten such transactions
complete the million, and not s ) much as a bank note has
passed. As to the difficulty in raising the money, the
answer is self-evident ; the bankers have not to raise the
money, it is raised before they have to pay it; it is already
raised. and paid into the hands of the bankers; and da a
fact, it is curious that after all the assertions so amply
supplied to the public, it is fully expected that the pay-
ment of deposits into the hands of the Accountant-
General will not much, if at all, exce'd the amount paid
last year.