The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1845-10-21 00:00:00

RAILWAY INTELLIGEA CB.

One million is to be expended over railways in New
South Wales. Fmigrants to Botany Bay are to have the
benefit of a line from Sydney to Paramatta and Penrith.
The improvement in the incomes of the established
lines during the past month, has been, as compared with
the corresponding month of 1844, £200,000,
The Durham and Sunderland Railway has been pur-
chased by the Newcastle and Darlington Company at £3O
per share, being £2O less than the original cost.
Among the railway projects newly brought forward, is
one for Brazil by the special grant of the Emperor, and
is sanctioned by the legislature of the country. It is to
extend from Rio de Janeiro to St. Paulo and ilinas
Gerats, a distance of about 100 miles.
RAILWAYS IN YORKSHIRE AND LANCASHIRE.—The
railways in operation in thesa counties are 23 ; in pro-
gress 27 ; projected 100 ; of the latter, 22 have been sur-
veyed and settled as to the lines, but the remainder are
not yet in a definable state.
RAILWAYS AND GAS.—A company has been formed
for the manufacture of gas in the immediate neighbour-
hood of the coal-fields in various parts of the kingdom,
and for the cony, yauce of the gas in tubes along the lines
of railway, for the supply of aejacent towns and cities.
The Herald states that an ingenious discovery, which
Gen. Pasley greatly approves of, and which will be
brought before Parliament early next session, has been
made, which will greatly modify the danger of the engines
and carriages of railways jumping off the rails when the
velocity is increased.
The Railway Herald mentions a rumour that "some
members, to whom the outlay is not a consideration in
comparison with the comfort, have taken one ortwo shares
in each of the new lines, with a view of avoiding to serve
on Committees A, B, and C. It is supposed it may be
done for a thousand pounds, so as to have a complete pro-
tection."

REMINGTON AND RASTRICK'S LONDON AND MAN-
CHESTER RAILWAYS.—On Saturday evening these com-
panies entered into an arrangement for uniting, subject
to certain explanations as to the financial stare of each.
If the amalgamation iakes place, the shares will have to
be reenced from £5O to £25 shares, and Rastrick's share-
holders to receive hack £2 125..6d. per share.
THE ATMOSPHERIC PRINCIPLE.—During last week

several tries were made on the Croydon line, which will,
in all probability. be opened for public traffic in about a
fortnight. On Thursday a train of eight carriages per-
formed the distance of five miles at the rate of a mile in
eighty seconds, though for a considerable part, or the
whole of the way, the hre k was on. As high a speed as
seventy-five miles an hour has been attained,
ST. HELEN'S CANAL AND Fi AILWAY.—The directors
of this company have purchased a considerable property
at Garston, si h the view of extending the dock accom-
modation there, so as to afford the greatest possible faci-
lities to the coal trace of South Lane shire ; and, in
connexion with this object, they intend to afford a rail-
way eommuhica'ion to the clocks from every colliery now
connected with their undt flaking.
(tie of the happ'est and most useful ideas that could
have occurred at tie present period has just been realized
in the estahlishment of The Railway Critic (ond Share-
holder's Adrertiseo—designed to exercise, amongst the
crowd of railway projects which daily are announced, the
functions of that stern criticism which has achieved so
much good in the world of literature, and which cer-
tainly was never more loudly called for to silt those huee
aecumul,tions of railway advertisements and prospeciuses,
whence no man can, without such aid, select ihe safe from
the unsafe—the bad from the good.

RAILWAY TRAFFIC.—From official returns, it appears
that the amount of traffic fur the last week, on nearly
eighteen hundred miles, was £142,534, thus accounted
for :—Z66 905, for the conveyance of passengers only ;
.£21.736, fir the carriage of goods ; and a remainder of
£53,893, for passengers and goods together, not respec-
tively apportioned. For the last three months of the pre-
sent half-year, £2,113,062 has been received, being an
increase over the corresponding period of last year of
£32B.26B.—Railway Chron.

DUMFRIES AND CARLISLE RAILWAY.—On Tuesday
last a meeting of the inhabitants of the county of Ayr was
held, in the County-hall, Ayr, to adopt measures for for-
wardicg the success of the proposed railway by Dumfries
to Carlisle. The meeting, which was held in compliance
with requisition from Kilmarnock and the neighbouring
parishes of New Cumnock, Ochiltree, Sorn, Maunbline,
and others, was numerously and respectably attended,
many influential gentlemen of the neighbourhood being
present. Sir David Hunter Blair was called to the chair.
John Leadbeter, Esq., W. M, Alexander. Esq., of Bal-
lochmyle, and others addressed the meeting, and ex-
plained the state and prospect of the concern.
CHESTER.—At a meeting of the inhabitants, on Wed-
nesday, called at the request of the Chester and Manches-
ter Railway, the Mayor in the chair, the proposal for
making a ship canal from Chester to Dawpool, below
Parkgate, forming a continuation of the railway project
from Manchester to Chester, was discussed. The pro-
posal was strenuously opposed by four Chester gentlemen,
but was, after lengthened discussion, carried by a large
majority. These gentlemen from Manchester come pre-
pared to lay out a million of money in the speculation,
and engage to complete the canal, with extensive docks
at Chester. without soliciting one penny from the inha-
bitants of Chester, unless inclined to join with them.
THE THAMES TUNNEL RAILWAY.--Negotiations are
at present pending with the view of carrying a railway
direct from the junction of the Eastern Counties' and
Blackwall lines to the point on the Greenwich line whence
the Croydon, Brighton, and Dover diverge. It is well
known that the Thames Tunnel has not returned, and
is not likely to return, one farthing of profit to the pro-
prietors, not even to pay interest on the large sum for
which it is mortgaged to Government. Under these cir-
cumstances, an offer of about lOs in the pound (which is.
we bel!eve, the amount named) seems a perfect godsend
to the unfortunate shareholders. The atmospheric prin-
ciple will be adopted.—.Railreay Record.

The Railway Chronicle of Saturday last contains a
well-written prospectus, of a burlesque character, for
" the Great National Direct Independent Land's End
and John O'Groat's Atmospheric Railway, with Steam
Ferries to the Scilly and Orkney Isles, and coasting Docks
at both Termini ; Provisionally Registered ; Capital
£9,500,000, 95,000 shares of XlOO each. Deposit £lO
per share; being the largest deposit allowed by Stat. 7 &
8 Vict. c. 110, with powers of increase."
BIRMINGHAM LINES.—About forty lines immediately
connected with Birmingham and the district are al-
ready projected, the estimated capital for the construction
of which is upwards of £30,000,000 sterling, and there
are, we believe, applications for fifty times the number of
shares which the projectors have for allotment ! Bir-
mingham has thus been made a great centre, from which
lines radiate in every direction. If the natural features
of the country be thus threatened with change, our town
promises to be no less revolutionised. Two magnificent
central stations have been determined upon. One to ac-
commodate the London and Birmingham and the Stour
traffic, the second for the Grand Junction and Birming-
ham and Oxford lines. Another consequence of railway
progress, and a most gratifying one, is the establishment
of a Stock Exchange, of which the foundation stone was
laid last week.—Birmingham Journal.
CHESTER AND BIRKENHEAD RAILWAY.—At the
half-yearly meeting of this company, ea Thursday, (Mr.
W. Jackson in the chair,) the report stated that the di-
rectors had concluded an arrangement with the Grand
Junction Company, in pursuance of their principle of in-
viting the traffic of all the great lines, by securing them li-
beral terms and abundant accommodation. By this ar-
rangement, the Grand Junction would run all through
trains to and f. om Birkenhead and Chester, whilst this
company would continue to work as many trains as the
directors pleased for the local traffic. Then followed an
outline of the terms; and the report stated that the traffic
of any other railways would be received upon the same
terms, which the arrangement with the Grand Junction
did not prevent. Then followed the following detail of
the measures projected by the directors, for which bills
would be introduced into parliament :-1. An improve-
ment in the access to Monk's Ferry by an additional tun-
nel, and an enlargement of the station accommodation at
that terminus. 2. An enlargement of the station ac-
commodation at Grange-lane and Chester. as well as at
Elooton. 3. Widening the whole length of the railway
from Birkenhead to Chester sufficient for the broad gauge,
if required. 4. A branch railway from Ilooton to the
Quem's Ferry, to accommodate all the Welsh traffic. 5.
A branch railway from baton to Neston and Parkgate.
6. A railway from Grange-lane to New Brighton and

Hoylake. The cost, as far as an approximate estimate
will enable the directors to state it, will be about £950,000
for all these measures. The first, second, and third mea-
sures are intended to meet the demands of a largely in-
creased traffic; the fourth, fifth, and sixth are fur local
accommodation. The chairman, in a lengtheneds address,
explained the necessity which existed tor these several
measures ; and after he had concluded, the report of the
directors was unanimously adopted. Tne proprietors
will be called together again on the 29th January next, to
give their final sanction to these measures. The chair-
man next entered into a statement respecting an amount
of £BOO due to George Stephenson, the eminent engi-
neer, and it was unanimously ordered to be paid.

RAILWAYS AND THEIR bIRECTORS.-MOSt persons
who join in railway schemes, either as members of the

committee or as subscribers fancy they are only liable for
the deposit upon the shares they take. Many, we fear,
will find themselves bitterly mistaken in this matter.
The deed which they sign does, it is true, stipulate that
the parties thereto shall not be called on for any sums
beyond their deposit until the act of incorporation be
obtained. But this agreement is only binding as among
themselves. It has no validity beyond the parties who
sign it as partners in the undertaking; and every member
of the committee, and every shareholder of the company,
is liable individually for the whole of the debts contracted
for engineering, advertising, law, Parliamentary, and
other expenses. The deposits are usually paid to some
banker; but suppose some three or more of these
" esquires" to lay their beads together and determine that
this money will be safer in their own private custody than
at the banker's ; and, as it is generally arranged that
three directors, signing a check, may draw out money.
from the bankers, and companies in their inc:pient state,
do not usually make the most perfect arrangements, it
might not be difficult for some of these very ingenious
gentlemen to devise a plan by which the whole of the
dPposls might he carried off on the same day that they
discovered a trip upon the continent essential for their
health. We sh-,uld find no difficulty on putting our fin-
ger on some half a dozen or more names in ea, h of several
companies now before the public, any one of whom would
arrange this little interlude quite artistically. The com-
mon law regulating joint-stock companies renders every
shareholder individually liable for the whole debts of the
company ; and the new law of last se,sion renders recovery
by creditors much easier than before; and we cannot but
fear that many who now calculate their profits in pre-
miums on shares may, before many months elapse, find
themselves placed in very unpleasant eircumst :aces, in
having to answer in their own persons some of the very
heavy expenses now being incurred on many of the rail-
way schemes at present competing for the public credulity.
Many of the schemes now before the public are based on
fraud. They are never intended to be prosecuted beyond a
certain length ; and it remains for the turn of the die to
decide whether the concocrers are to he remunerated by
the premiums extracted from the public, or by oven more
questionable means.—Times.

SPORTING INTELLIGENCE.

NEWMARKET SECOND OCTOBER MEETING

Ocr. 14

The Royal Stakes of 200 soya each, 120 ft. and 25 only,
&c. was won by Mr. Phillimore's I Lady Anna, beating
Leopard by a head, and c by Bay Middleton—Thebes.

The Cesarewitch Stakes *of 25 soya each, 15 ft. with
300 added by the Grand Duke Cesarewitch. The second
receivA 50 soya out of the stakes. Cesarewitch course,
two miles and a quarter.
Mr. Watt's The Baron, 3 yrs, 7st 91b (including 101 b ex-
tra) Nat 1
Lord Exeter's Wee Pet. 5 yrs, 6st 131 b Pettit 2
Mr. Drinkald's Vol-au-vent, 4 yrs, 7st 71b..J. Howlett 3
The following stated, but were not placed, v:z :—True-
boy, Stomacher, General Pollock, I-am-not-aware, In-
trepid, Nottingham, Hope, Arctic, Plantagenet, My Old
Hack, The Dart, (late Point Brush), Laird o' Cockpen,
Boarding School Miss, Alice (h.b ) Clumsy, Metal, Re-
morse, Seven's the Main, Kesheng, Jenny Wren, Ruff,
The Co ,k, Jet, and f by Velocipede—Amaryllis.--Won
very easily by a length. Plantagenet was fourth, Intrepid,
Boarding School Miss, and liuff next, wide, but tolerably
well up. The pace was very good all the day.
Mat,h, 200—h. ft. Duke of Bedford's Oakley beat
Sir J. 11. Hawley's Bishop of Romford's Cob by a length.
The Clearwell Stakes were won by Lord E. Russell's
Sting ; Princess Alice being second, and c by Bay Mid-
dleton—Miss Milner—third. Ennui, c by Colwick—Mec-
ca, Collingwood, and Ohio, not placed.
Match, 200—h. ft. Mr. W. Scott's Cataract beat Mr.
Osbalde'ton's Sorella easily by three lengths.
WEntit spay. Sweepstakes of 10 sous. each, 5 subs.
were won by Mr. Greville's Deer Chase, beating Caroline
by a head, 1 he Pretender, Malvoise, and Sillabub.
Match, 200—h. ft.—Lord Exeter's Celia beat Lord W.
Pow let is Espoir.
For the Oat land's Stakes, Lord Exeter's Jet was first,
Mr. Meiklam's Trueboy second, and Lord George Ben-
tinek's Longitude third.
The Town Plate of £5O was won by Mr. Shafto's Metal ;
Mr Mostyn's Stream being second, and Lord Verularn's
ilawkcshury third. Eight others started but were not
placed. Won by a neck.
For a Sweepstakes of 200 sovs h. ft. 3 subs. the Duke
of Bedford's Prologue beat Lord Eglinton's Vaudeville.
THURSDAY. Match, 200—h. ft. Mr Greville's Mo-
tilla. beat Lord Glasgow's f by Velocipede—Miss Whip,
by a length.
Sweepstakes of 10 snvs each, 6 subs. Lord Exeter's f
by Beiram out of Manto. first, Comrade, second, and
Miss Love, third. Sister to John o'Gaunt, Terrier, Sub-
scription, and Ohio were not placed. Won on the post
by a bead.
Sweepstakes of 10 soya each. Duke of Rutland's b c
by Slane—Voluptuary, first, beating Chandelier, Tell, bl
c by Clearwel. b t by Montreal. cud Cerberus.
Handicap Plate of £lOO. Mr. A. li. Onslow's Ruff,
Mr. Meeson's Fair Charlotte, second, beating Evertui,
Sorella, Intrepid, Ct re-us, St. Bernard, Foremast,
Laird o'Cockpen, Sally Brown. Alamode, Leopard, Cor-
rect Card, Gannet, and f by Velocipede out of Amaryllis.
Won by half a length.

The tlrt-iby Stakes of 100 sovs h. ft. was won by the
Duke of Richtnohd's ch f Cuckoo, beating: Mr. Greville's
Polka and Lord G. Bentinck's Ennui. Won on the post
by a head.

Match, 50—h. ft. Mr. J. Day's Minus beat Mr. W,
IL Brown's 'Moonbeam.

The latest betting on the Cambridgeshire Stakes was 5
to 2 against The Baron, 11 to 1 against Mr. Greville's
Alarm, and 20 to 1 agst Lord Chesterlild's Lady Wild-
air. No other change. For the Derby 17 to 1 agst. Gen-
eral Shubrick's Brocardo.

ALICE HAWTHORN.—This far famed mare made her
debut on the Irish turf at the Curragh races, last week.
She won the Queen's plate of 100 guineas in a canter,
carrying 94t 4ib., and beating Mr. Price's Outcast, Mr.
lrvin's Mickey Free, and Mr. Smyth's ch. f. Lady
Harkaway by Harkaway.