The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-08-10 00:00:00

lich he accordingly

RAILWAY

AFFAIRS.

er than 128 trains go out and in dail

the North Staffordsl

Able porti

ire main line to Congleton, are e
petted to be ready for opening in October, 1848.

It is reported, -on what is-considered

COS __authority,
idend at the half-yearly meeting of the North
Western Company, in the present month, will be at the

whole arid 2s. sd. per third share out of the pronrs on rue
half-year, being almost_ 4 per cent.. on the first six

monihs.
An excursion train, bringing u

pwards of COO persons
I on pleasure bent, from Edinburgh and Glasgow to the
great metropolis, arrived at the Easton station on Wed-
nosday. when the passengers gave three'hearty cheers for

'factory, in this respect

that it maintains the former dividend (viz.,
6d. on the half-year), and it is to be observed that
the dividends on successive half-years are unequal.
Four arches fell on the new line of railway between
Blackburn, Darwen, and Bolton, on Tuesday. Being in

ing on the Tonge side, they gave way, and about seven
men were at the top at the time. Two of them were
killed.

The freemen of Lincoln are likely to be much enriched
by the approach of railways to their city. From the
Great Northern Company they claim £BOO per acre as se-

the compensation claimed amounts to £25,000; they
likewise claim £l,OOO per acre for two acres taken by the
Midland Company.

a official returns it a

he amount of traffic

for the last week, on upwi:ds of 3,154 miles of railway,
was £198,878, thus accounted for :—X116,219 for the con-

increase of £34,723 over the corresponding week of the
last year, when the mileage was about 2,290.
FIRST SPECIAL. TRAIN FROM EDINBURGH TO LONDON.

sembled on the North Bridge and Calton-ill, to view the
the departure of the first special train to London. After
the whole had fairly started, which consisted of twenty-six
carriages, propelled by two locomotives, a loud cheer was
got up by the spectators, who all seemed to be deeply in-
terested in the event, which may, indeed, be regarded as
the beginning of a new era in our social and national pro-

gress.--Edinburgh paper.
YORK AND NEWCASTLE RAILWAY.-At a meeting of
the shareholders in this company, held at Liverpool on

!rms proposed

mation' with the Newcastle and Ber Crick Company, and
also to receive the report of a deputation to Mr. Hudson
on the subject, it was unanimously resolved that in conse-

quenee of that report being
posed terms likely to prov

injurious to the interests

tion of those terms at the York meeting on the 9th inst.
FATAL ACCIDENT ON THE BIRMINGHAM AND GLOU-
CESTER RAILWAY.—On Friday evening, an accident at-

the mail train which arrives in Birmingham shortl
eleven o'clock was travelling at a rapid pace in a c
near Lifford, the engine ran off the rails, dragging tl

der and luggage-vanafter it. It continued its course for
several yards, ploughing up the earth until it fell over, and
unfortunately, John Warburton, the engine-driver, was

LIVERPOOL

MANCHESTER, AND

'CASTLE JUNC-

company have assumed a healthy and promising aspect.
The dissensions which have so long existed in the direction
have disappeared by the retirement of tne Newcastle party.
The Board, is now united, and matters are progressing
peaceably and rapidly. The falling through of the amal-
gamation with the Northern Counties Union'Railway may
be considered in every respect a fortunate circumstance for

a line that never could have been otherwiie than injurious
to their legitimate interests, and it has brought unity and

peace'into the direction. We need hardly-add. that the
extraordinary resolUtion which was passed at the meeting
in February last, giving to any two directors the power of
a majority, is now a dead letter. We trust the affairs of

my will never again stand in need of a similar
meeting the share-

he coming genera

holders may expect to receive -a satisfactory and encourag-
ing report.—Railway Magazine. _

ORMSKIRK RAILWAY.-The following is an extract
from the report of Messrs Locke and Errington, the en-
gineers to the East Lancashire Railway presented at a
meeting of the company last' week. "The Ormskirk con-
tract was not let until the end of January, 1847, when the
whole of the land had to be obtained : the progress, there-
fore, has not been great in earth-work ; at several points
the embankments cannot be carried on until the bridges

lie cans.

pressed forward ; the masonry of three is finished, and
the fourth is in course of construction. There has already
been executed nearly 200,000 cubic yards, or about one-
eighth of the whole. This rate of progress will rapidly in-
crease as the cuttings are fairly opened out. Four bridges

are completed, and sixteen considerably advanced. INO
permanent way has yet been laid on this district. The
whole of the contracts above enumerated expire at different
periods between January, 1848, and June of the same
year. It appears probable, on reviewing the present state
of the works, and considering the preparation of material

by the contractors, that the whole line may be finished
and opened to the public next summer, and some portions
of it at an earlier period."

ANCASHIRE RAILWAY.—The half-yearly meet-
company was held at Bury on Friday ; Mr. J.

Grundy in the chair. The report stated that the net
balance applicable for dividends from the traffic to the 30th
of June was £10,007 ; that the passenger traffic was in-
creasing, and the arrangements for the mineral and goods
traffic were becoming more complete; that the difficulties
arising from the incomplete and unconnected state of the
line would shortly be overcome. It was proposed to in-
crease the rate of interest on calls from 41 to 5 per cent.
Under the Preston Extension Act the company was em-
powered to raise an additional capital of £217,000 scrip
shares of the nominal value of £55, which had been issued
and taken up to the amount of £216,800, which the direc-
tors would consolidate into quarter-shares of £6 ss. each,
making within £12,800 of that sum. As interest could
not be paid upon the new stock out of capital, these shares

.eceivea. dividend at the rate of 5 per edit. until January,

After the payment of the next call, the directors expect
that they will be enabled to borrow money and defer
making calls for some time. Of five bills promoted by the
company in the late session two had had been passed and

three rejected. The engineer's report stated, that from
the advanced state of the work on the Accrington, Burn-
ley, Haslingden, Bacup, and Ormskirk contracts, it was
probable that the whole line would be opened to the public
next summer. The capital account showed that £1,447,792
had been received, and £1,207,490 expended, leaving a
balance of £240,302 ; the revenue account th4t £18,506
had been received, and £13,406 expended ; leaving a pro-
fit of £6,100. Resolutions were passed adopting the re-
port and authorizing the directors to create 34,720 quarter
shares of £6 ss. each, to be apportioned to the holders of
scrip shares ; £1 ss. to be considered as already paid, and
to be entitled to a dividend of five per cent. until January,
1850.

ST. HELENS CANAL AND RAILWAY.—The annual
meeting of this company was held on Tuesday, at Liver-
pool : Mr. W. Greenall in the chair. The report stated
that their bills in the late session of parliament had been
strenuously opposed by the North Western Company for
making a line into Warrington, connecting the Garston
Docks with the Cheshire Junction and the North Western
Railways, with a view to extend the coal trade of the
district, and to make Garston the great depilt for the
export of coal and salt from the Mersey. That the
Howe of Commons rejected the opposition projects pro-
moted by the London and North Western Company, and
sanctioned in their integrity the schemes of this company.
That contracts have been entered into for altering the
inclined planes on the main line from 1 in 30, at present
worked by fixed engines and a rope, to a gradient of 1 in
100, which can be worked by locomotive power. This
alteration will be effected for £35,000 less than the origi-
nal estimates. It is expected to diminish the expenses
of hauling the traffic fully one-fourth. A call on the £25
new shares will be made immediately. The revenue ac-
count for the year exhibits a surplus of £3,460, after
providing for interest and the guaranteed dividend on the
preference shares. The total
_accumulated surplus of

_ - upw ktru , - - since
iti4s, would afford a dividend of 50s. per share ; but the
directors recommend that a dividend of only 30s. per
share be now declared, reserving the surplus for a further
dividend at an early period. They have determined to
make application to parliament in the next session for an
extension line to Liverpool of about five miles in length.
—Mr. C. Holland stated at considerable length the ad-

V.:Wt./16GO I, UV
completed, and the establishment of docks at Garston.—
Resolutions were passed adopting the rerort, approving
the dividend of 30s. per share on the old shares, and pre-

5 per cent. secured to the latter, and also las. per share
on the half shares. The retiring directors were re-elected,
and a vote of thanks passed to the chairman and directors.