The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-02-17 00:00:00

Feb. 17, 1846.

der, de'
The London and Birmingham meeting, on ell eeproe
dared a dividend of 10 per cent. per annum, mee%unted
perty tax. The gross receipts on the half-year allyeanee
en
to £542,702; the expenditure to £222,529; the
l'eele
£320,173, applicable to the dividends, and a large re
for the next half-year. ed the
The balance sheet of the Eastern Counties showli,
receipts and disbursements for constructing the Mgt tree
to 4th January, 1846, to be £2,296,395, end the to
account of the Cambridge and Colchester litteeney.
£173,166 ; also the balance up to 4th January (al",',.`e be
ing dividends up to 4th July, 1845, and income taVel9S.
£64,467. At the meeting a dividend was deelareo; of
per share on the capital stock, at the average 'wep,
£l4 16s. per share. The increase of traffic, arising,j3e
cipally from the opening of the line to Cambridge
and Brandon, was stated to be great. restillt
The report of the Brighton Company is an In
fest the
one, and, on the whole, satisfactory ; proving e. en.
experiments in cheap fares they have so boldly made, to
der circumstances by no means the most favourswuithe
their introduction, have been carried out so fare, eta
profitable result. The available balance is X76,oattoe
of which a dividend was declared of 355. a share.3l,
total half-yearly gross receipts, to December oper•
£144,325, against £128,665, in 1844: the same re tali
tionate advance will not, however, be found in the
balance ; the rate of working expenses having inc! feta
as the report states, 154 per cent. While the recetth,,
passengers have increased 104 per cent., the nnwbe-re7e•
vied has increased 184—very nearly double. It is wee)/
Igor.
fore easy to account for the rise in the scale of „toe
expenses. The total nett income is, meanwhile, Xl'eried
(or 34 per cent.) more than in the corresponding P
of 1844.
o
How THE HOLYHEAD RAILWAY WILL CROSS raw
new
NIENAI STRAITS.—Mr. Robert Stephenson's armed ef
is too well established to leave a doubt on the Inte„eb.
any one that he would discover a solution of the Po'tej
lam, and that what he should resolve upon be 1100
efficiently execute. This problem is, however, tue baS
arduous he has yet attempted, and the expedient beetee
adopted is a bold one. Already he has carried 01,0
use of iron in railway bridges to a greater extent Tee
tore stother
favourite e nnig ianteeerri
as and
and foist- this
abn up; purpose slea
yh e
oi serton;lartivelari
Menai Straits AN IRON BEAM 450 feet long, 8"Ployli
on stone pillars at both ends. This proposal '5 01
but the method proposed for executing it is inge°
and satisfactory. This great iron beam, 450 feet loogo
to be 30 feet deep and 15 feet wide, with a hollow
~11110
centre, and this hollow is to be so large, that the i.
train shall pass along in the heart or centre of the one
This beam will be laid across the Menai Straits
toe
end joining the railway on one side of the straits,' the
the other end joining the railway at the other sidejlgbe
straits ;so that passengers coming along the line ate
whirled through the heart of the beam without an! las
ceptible difference between this and any part of we It
which may happen to be covered in or arched over. silt
is, in short, to be an iron tunnel, hung up in tue
across an arm of the sea.—Railway Chronicle. Sawelt
ST. HELENS CANAL AND RAILWAY.—On eel
the half-yearly general meeting of this company wse,,,eds
at the Clarendon-rooms. The revenue account show to
surplus for the half-year of £3,359 2s. 3d., after 11' tbe
ding for the guaranteed dividend of £5 per cent. "0
amount paid up on the preference shares. Titer! 101
£517 15s. 4d. left on the same account to June lest, fop
as there were still debts owing for work done in the. ei•
oration of the line, which there were no means of 119ee
dating under the acts, except from surplus incometety
dwirectors
obtaineddid tnotn rariesceo
am
furtherme nd any n m
n dividendfrn nn untilmoney,
b eh;
when there
debts might be provided for. The traffic for the Lot
of 1845 left a clear surplus, after meeting every elta'rei a,
the revenue account, of £5,207 16s. 7d. The eaoTers!
come for the half-year had been £8,353, and the rao-leffit
from
incomernodm tbhoe
te:hria,
concerns
y eThexpwe
expenditure
tallrsee,x6xpse34r:l6dBif ti?ou.
from
e Thewhandi
cbhe totalen Xs; eical
ducting interest and guaranteed dividend, ea.,
left a nett surplus, as stated in the report, of x 3,87 sa.
The report of Mr. Rendel, the engineer, was then retie
It stated the grounds which had induced him to rec!tee,
mend to them the construction of a coal-dock at Gar; tee
and a railway between the St. Helens coal-field an ~,
said dock, by a line along the banks of the canal, 0.
municating in its course with the Grand Junction 0
way, at Warrington. The Chairman stated that theses
of £400,000 was proposed to be raised. The rePort,, to
adopted, and the directors were empowered to aPP,"ele
parliament to make the lines. &c. mentioned. These
holders are to be called together again, to have the etiee,
of the bill submitted to them in detail. Mr. Ww;eoo
solicitor to the company, stated that the Grand Jup"-tse
feat°
were on very good terms with their company. o.e, jett/
the Grand Junction would rather that the St. Petesl
Company should not make their proposed lines tharlist be
they did ; but he thought such an arrangement miser of
come to as would prevent all opposition an the par St,
either company. The Grand Junction crossed the,,,s
Helens line two or three times, and the projected bni;b6e
of the former at Runcorn would be very iejurious tc)it $1
present dock of this company there. The new d°ctbst
Garston, however, would obviate all difficulty on et,
head. The heads of Mr. Rendel's report are to be 'of
culated amongst the proprietors, together with a Plan
the proposed lines, prior to the next meeting.
hslf;
GRAND JUNCTION RAILWAY.—On Friday, .-- ger
yearly meeting was held in the Cotton Sales Rootueesi,,
was numerously attended. Charles Lawrence. 54c,
Chairman of the Board of Directors, presided. ad
Booth, the secretary, read the report. which cemme'teel
by congratulating the shareholders on the amalgamsetlf
with the Liverpool and Manchester, and subset:lnc-volt
with the London and Birmingham Company, and tbeie°
that company with the Manchester and Birminghateo' th
t after
her
there.,
67_,0
which means the directors were enabled to carry let
goods and passengers, at a cheaper rate, and with greetee
punctuality and expedition. The report then notieeeie of
alterations now making at the Liverpool terminue alter
which are in proeress. It goes on to say—. The' oe
tors will now refer to the new measures which, witeberie
approbation of the proprietors, they intend to apply
the present session of parliament. The most itreoelo
is the line from Huyton to Aston near Preston -o,r ees
crossing the Mersey at Runcorn, E
by which the disler
from Liverpool to Birmingham and London will be dialer
tened between nine and ten miles. From this line 000
will be a branch to Warrington, affording to that te./
improved communication with Liverpool. A iCenT
also being made for a line from 'Warrington to gto
and Parkside, to shorten the distance from WerVigtOP
and the south to Bolton, via Kenyon, and to .etil
Preston, and the north via Parkside. The next Preict sti'
a short line from Huyton Quarry to Prescot One O'
Helens. for the accommodation of those towns, all- id,,e
the collieries in the vicinity ; and they propose to de
their own railway from Huyton to Edge-hill, bY eathtt
tional rails on the south side, with a view especial!! 'lO.
better accommodation for the London and BirmiLti.'ser"
traffic. They have further lodged plans for ar be
ets'
from the main line to Wolverhampton, where it 'fief se'
posed to arrange a central station, for the joint use 4 tee •
veral lines of railway now proposing to connect w`e'et
pplieatt°,
Grand Junction at that town. The estimated e" ogee
these undertakings is £1,300,000. It had been Ofttet
expedient to subscribe one:fourth part of the cePiteer
the Liverpool and Preston, Manchester and Svu,„ 00°,:e
Railway, amounting to £400,000. By the accounts
mitted, the traffic of the Grand Junction Amaig,tehreP
Company, during the half year to the 31st Dee'trsro
exhibits a considerable increase over the aegregateeeeVe
of the Grand Junction and Liverpool and IT:ie,o;,
lines, in the corresponding 6 months of 1844. igg
ceipts for the last six months amounted to £4351;001,
2d., and the disbursements to £180,499 lls. Ocloqe,
as the nett proceeds of the half year £254,761 ere'
To this amount must be added the amalgamated 50, reoi
fund of £28,615 19s. Id., as shown in the direct°4o!
port of the 10th of September last ; also the a )0,5
£1,574 19e. 2d., being balance of Liverpool nn_feettee
chester reserve fund, after payment of sundry tivie
and small charges. The directors recommende"o e
dend of 5 per cent., without deduction for inee°9s.9llol
amounting, as per statement below, to £218,76884,,e0e,
and leaving a disposable balance of £67.1971"11e.
of which the income tax, amounting to £6,300 the be
has to be paid. The chairman in moving that to
t.
counts and report be approved, called attention ehgr,
fact that both boards had given up concerns trifie pod
e
they had promised to take an interest. The! "ten 6•00
posed to take a large interest in the WolverharnFeteeeo
Shrewsbury line. They had not given up the t`'ebsP'ef
of supporting it, but they had declined to buy °''Y °s P,ligte
and had applied the money to more advantage°ooe'd
poses. The Derby and Crewe, whio,h now W,Bes ectOtV
I mated with the North Staffordshire line, won.,.'"ejou
to have their support, as well as that of the I.49,i,aretto
Birmingham, but without their taking any 'had 0
them. With the North Union an arrangement, tittleeet
made, which it would be necessary in a sb°rl;at itre 0
submit to the proprietors for their sanction. regs fect
not yet in a fit state to lay before them. With° the bet
their present state of affairs, be would allude rtwes 140,
that that was probably one of the last wee toy.
would have as the Grand Junction ComPee%edr
moved that the accounts and report he aPP"je reeeelliet
I that they be printed and circulated in the usu'etiersioy
Mr. Rotherham seconded the motion. Mr- rt 1100'
of Warrington, objected to that part of the rep eteecd
recommended an extension from Aebtontld elle,
The report stated that this alteration wntleepg
saving of nine or ten miles, whereas the 98. ofele
only be about five miles, and that would be Ite& rt
bad gradients, of which there were 31 miles ct:1"" to
4in 100. It also would be particularly
navigation of the Mersey, and driving poles ineeert
.4(11414
of the river might affect the tidal cower cf 0:0tIltelf
every body knew was a ticklish one. Its eO-eich;'ee
enormous ; something like a million ; upon
,41,-,,er.,4
to pay 5 per cent., they must have a traffic jot, e igeol
week—a traffic which it was almost imeoe' eootee Oep
jejurioto°teoebiell
anticipate. The scheme was, in fart, only y et. Vgi,
out of opposition to the Birkenhead ComPfgreat 11019
from any expected benefit to be derived opettee
moved as an amendment, " That it is not 0010, 01
apply for an act of narliamer.t to make the P. rite eeiel
"Tb"
from Astor, to liuyton." Mr. JosePh Per
Warrington, seconded the amendment---Tbree of gire ,°0
exelained that the proposed line was a tneasutingeoe.9oL
policy to secure themselves avinst any en9.oe, c° eel;
to prevent their being injured by a comPeti to bY seter4
who might get a bill on the score of the eon ofest' flee
being a nearer one to Lordon. They did I seertltoy
weuld pay of itself, but the protection eta be ttY
than the cost. With reseeet to the river,' one etitio
and the Lord Conte, vatorm of the Mersa! $
ea e its tidal power ic 'IR not injured. I i'del!:„,l ciletite
"Y• het they kiiew that it they had not 51.
,nd 00.