The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-04-04 00:00:00

RAILWAY AFFAIRS.

The line from RawtenstalT to Newchurch—East
cashire Company—was opened on Monday.
On Wednesday afternoon, an engine and tender rsur
over a plate-layer on the Manchester and Leeds RailwAYr
near Dewsbury, killing him on the spot.
The Great Western Railway Company are reported W
be deriving upwards of 2501. per week, for the fish traffic
from the coast of Devon for London consumption.
The shareholders of the Newcastle and Carlisle Rai'waft
after adopting their report declaring a dividend of six Ret,
cent., unanimously voted the presentation of a testimonial
from the funds of the company to their chairman, gr•
Plummer.

The report and accounts were passed at the half.yearlY
meeting of the Edinburgh and Glasgow Railway Company?
who, (though capable of declaring a dividend at the rate
of six'per cent.) have wisely made a reserve fund for their
parliamentary and other incidental expenses, or for the
augmentation of a future dividend.

After various pros. and cons, the Newmarket RailwaY
Company are about to come to terms with the Eastern
Counties. It was proposed that the £2O shares of the
former company, when paid up in full, should rank with
the £2O shares of the Eastern Counties consolidated stock,
and bear the same dividend. The final arrangements,
however, are not yet settled.

From official returns it appears that the amount of trate
for the last week, on 3,658 miles of railway, was £159,800'
thus accounted for :—£73,033 for the conveyance of pas'
sengers only, £46,433 for the carriage of goods, and a
remainder of £40,334 for passengers and goods together!
not respectively apportioned ; being an increase of £19,924
over the corresponding week of last year, when the mile"
age was 2,711. The average earnings per mile last week
were £44, whilst in 1847 they were £52.
LONDON AND NORTH-WESTERN RAILWAY.-'-The
saving which will be effected to this company in the Pre'
sent cost of water at the Camden-town station, and the
Euston-square, when the arrangements are completed for
the supply being furnished from the well lately sunk by
the company at Camden-town, will be little short of 1,2001.
a year, while the total outlay for sinking the well, Or
engine, pumps, and main to Euston-square, will not ex-
ceed 3,0001.

DEPRECIATION OF RAILWAY PROPERTY.—The Bank,;
ers Magazine, for April, in its " Monthly Summary,
presents a table of comparative prices of " even the bps°
of our own railways" during the last month. The cons'
i
parison is between the 19th of February and the 24th u'
March of this year—an interval of only thirty-four days'
It is sufficiently startling :

At 19th Feb., At 24th March,
1848. 184 a.
... 102 92

Great Western

Lancashire and Yorkshire (Man-
chester and Leeds)
Brighton
London and North-Western
London and South-Western
Midland
York and North Midland 75 .. 62
LIVERPOOL, MANCHESTER, AND NEWCASTLE JIT'Ne..
TION RAILWAY.—We have already given the substance
of the report of the committee appointed to enquire
ei
in
the affairs of the company. On Thursday, a special
meeting of the shareholders was held at Manchester. The
report of the committee was received, and on a motion.
being made by Mr. Harper for the further prosecution °:
the works, an amendment was moved for continuing the
undertaking for two years, with a view of ultimate
winding it up. The amendment was negatived by a larAf.
majority. A poll being demanded, the result was a
rity of 15,745 votes in favour of the directors. Mr. Asn'l
on the part of the committee, tendered 28,900 proxigt
which the legal adviser of the directors held could not
,D_!.
received, as there were two special meetings called 1
meet-
ing they were given. It was stated that the corn
that day, and the proxies did not specify for which
committee
would try the validity of the proxies before another tribu-
nal. The meeting lasted five hours and a half.