The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1858-08-10 00:00:00

Itailbmg intrlllgrnce.

LONDON AND SOOTH•WICATIERN.
The report of Ilia directors of this company slate. that
the net revenue for the six months ending June SO, after
deduoting intereet on loans and all other preferentlia
oherrn, amounted to £160,573. To this Is added
£7,235, the eurplus at DisownAer 31, 1667, 'milting
£167,806 available for dividend. Out of this sum the
direetore moommend that • dividend stills rate of 1,4 50,
per cent. per 5111111111, peptide on the 2111 of August, be
ileciered, amounting an £7,197,850.0 eapital mild up to
£152,964, leaving a balanoe for next half-year of £4,883.
The durum in the grow revenue for the half year, as
eompared with the eorresponding period in 1857,
amounts to £14,648, in the working oxpensee to £1,682,
and in the net reunion to £13,514. The increase in length
of railway In operation is 10 miles, and in the mile. run
by the trains 11,404. The total paid-up capital of the
°entree, In the cameolidated stook at the present time is
Q 7,713,660; of preferential stocks, £185,678; and of
°refinery debenture debt to £,860,176. The amount ridged
on the perpetual 4 per omit. stook Is £47,862. The
amount of consolidated stuck remaining unissued le
£515,790. The report of the locomotive superintendent
'howl a diminution of the expenees ahartreable against
revenue in that department, of £2,491, notwithstanding
that two engines hare been built at the expenu of
revenue during the half-year, and added to the stook.
The permanent way haa been maintained in good work-
ing coalition. Although the amount of expense in-
ourreil during the present exceeds that of the oorres-
pon ling period of 1857, it will be observed that £8,802
has been expended in relaying portions of the line dur-
ing the latter half-year at the expense of revenue. The
doubling of the Southampton and Dorchester line hu
progremed rapidly. The Northam donation Line la com-
pleted and will effect a saving of time of about half an
hour in the journey between London and Weymouth. This
saving will he increased as 400 U as the double portion of
the Dorchester line is 6nlahe I. The works on the Top-
stain brunch must be completed in two years, and the
directors see no reason to doubt that it will he com-
pleted fur £60,000. Parliament has extended the time
for the completion of the Salisbury and Yeovil Railway
and hoe authorlawd the sale or leaee thereof to this com-
pany. By the Salisbury and Yeovil Company's Ael of,
1857 this company is authorised to guarantee the de-
benture debt of the Salhibury uid Yeovil Company.
Ifr. J. E. Enington, the engineer, reports that the
works on the Exeter Eatension line are proceeding
utidaelorily. The main line, including ths Yeovfl
breach, comprises about 50 Wiese( railway, three tun.
eels one of 200 yap& and another 1,800 yards in
length, nearly 3,000,000 cubic yards of earthwork, and
150-brldge and arches of venom deseriptions. There
are now employed on the works 8,000 wen, aoo horses,
and two luomoeive engines. The novenae amount for
the half:year shows that £308,884 bad been remised and
£188,317, or 40'31 per out., expended, ineleding
£26,642, or 642 per out., for Government duty rates,
sad taxes, leaving • balance*/ net revenue of 8106,466.

CIDRN WALL.

The half•yearly meeting of this company was held on
Monday at ro • Mr. W. M. Tweedy in the chair.
Mr. W. H. Bond, the secretary, read the report,
which stated that the Act to extend the time for the
completion of so much of the Cornwall Railway as lies
between Truro and Falmouth had received the Royal
aseent. The directors hope that at no distant period
they may be enabled to submit • plan for completing the
line to the port of Falmouth. They have been enabled
to issue the whole amount of ammo guaranteed by
the associated cowponies, and the consent of the share-
holders is nsqueated to the creation of a further amount
of preference share capital to the (latent of £lOO,OOO,
having a similar guarantee and in all particulars the
same legal qualities as the preference shares already
issued ; the whole amount being in lieu of forfeited
shares in the bands of the company. During the lest
sin months there has been received £273,472, and eu.
pleaded r 100,166. The works of the line have been pro-
secuted with great energy, and the wooed span of the
Royal Albert hridp was most successfully planed in an
position on the centre and eastern piers on the 10th
ultimo, ready for lifting. The thesauri having deter-
mined on constructing a considerable portion IA -the per-
manent way, on account of the aompany, have been one.
bled to purchase the rails and timber for the percale at
low rates. U circumstances should prove favourable
the directors believe that the whole of the works may be
completed by the end of the year. The report of Mr.
IL Brunel, the angineer, atatee that during the last half.
year th i e nt span of the bridge at Saltesh has been
raised to its full height. and the piers built up, the road.
way being more than 100 feet above high water spring
tides, and that there le reason to expect that the seeond
span of the bridge may be raised to He fall height by the
end of the present year. He reports that the pima.
neat way and stations may be otimplited by the end of
UAL
. . . . . .

The (*pita' aooonnt 'bows that £1,883,403 had been
reonved, and £1,288,008 expended, leering a Winos of
£188,398, of which £114,078 waa at littered.
On the motion of the Chairman the report was
adopted.
The meeting was then made specie], and formal roe°•
tenons were passed authorising ihe issue, under the an
=pineal with the associated companies, of 3,000 new
shares in the company of £9O 'soh, in lien of mooned
shares y the new 1111111111 being entitled to a guaranteed
preferential dividend of 8 pee sent. per annum, redemn•
able by the oompany at par after the expiration of 'even
years front the dale of the last oall, on giving sin month.
notice.
A vote of thanks to the ohalnaan and directors oon.
shaded the proosedlop.
RAILWAT TIAIIIC RITUISIII.—The traffic returns DO
railways in the United Kingdom published for the week
ending July 81 &mounts& to 0614,880, and for the
sorreeponding week of lest yew to n 28,090, showing
• decrees. of £10,510. The grove meltes of the elgiti
railways having their termini in the metropolis amounted
for the week ending as above to £193,881, and for the
eorresponding purled of 1887 to 028,878, showing a
decree.. of £4,814. The diverse.. on the London
and North• Western Railway amounted to £7,88e and
on the Bonth-Reetern to £ll7 ; total, £7,701. at
from this mast to deduceed £lBl, the therm.o on
the Eastern Counties Railway, £l,lOB on the Great
Northern, £844 on the Orsal Wonern, BM on the
London and Bleekwall. nes on the London, Brighton,
and South Coast, and £BBB on the London and South.
Western y together £3,187, leaving the decrease as
ebony, £4,814. The trailla reasipte on the other linos
in the United Kingdom mounted to 8293,718, and
for the oorresponding period of halt year to 12299,714,
showing • decrease of £2,998, which added to the
decreese on the metropolitan lines, makes the total
decrease £10,610, as compared with the corresponding
period of 1887.