29 JULY 1865, Page 3

The Marseilles Extension Railway and Land Company, capital 400,000/., in

20,000 shares of 20/. each, proposes the construction of a railway from the "old port" of Marseilles to Podestat, distance of about nine miles. This line of railway, in consequence of the rapidly increasing trade of the port, has become necessary, and large traffic receipts may therefore be anticipated. The directors have also contracted for about 300 acres of land on each side of the proposed line of railway, which will be sold for build- ing purposes. The contract price for the construction of the rail- way is 185,000/.