The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1865-05-23 00:00:00

t;;;t:ii eit-eTei
fifth y

mike.

IGo4I
132

*Moil

stock is as followa-p-
-construction, 35;
; do. under eon.
16; freight oars,
to supply
are, or the
a York and
energetioally
upon the portion of the line
eV- in opera—on have been aa under
.3.. ll"a._ Average receipt+, Per mile In sterling
Pa' Year. 7_,, per month per week. at to. to
ads wor'"..• in dollars. dole, the dell" .
*uod El 3 I*o
.11 P 3 1.8 19 0
113 22 12 0
VIS 0 0
IR3
240
310
doubled '

a- of tb.
91; do.
passengers

• IA
0.1,1 A
hut
11l
*di
in

beirwg

that

company,
. tram traffics

1862

Is 4

each, 51
mail ears,

16.296
41,110
17,386
86,177
154,199
309,10'

19
30 12 0,
48 0 0
, 6200
free* lanuary,
to Cinoinnati
, month, when
it into active
we been run•
exelmively from
./ in _. my' original esti-
which were based on a traffic to be expected
from the whelp. stem; and experience BiSOWII that
14041,?,11611114._111though gent beyond all evpeetation,
•' amne t considered only sea. hare iedication of the pro-
gress of the railway when completely developed.
Tp,. considering the present MA Mare revenue of the
•11 YaiNro I may here refer to the subject in which the
bondholders art parttealarly interested, via., the guf-
f the revenue to meet the interest upon the
▪ tinoelif oebilgetiens to the company. The following
statements esnnot fail to convince you that the most
alinlident tossitrity exists for the partnent of interest,
*oflds barge trnipitta remains for lividends on shams ;-
1. ,Per the purpose of comparing the net revenue with
14' the avisent de Vet interest to the bondholders I will
take the bonded debt at Pf,0106 per mile, and the
etkeent *presenting the portion of the lies in opera,- ,
tan at £'2,2,54,000, the interest RPM which is C 157,780.
, ,The earnings for the month of Match lad, the latest
" `month for which completed returns have been received,
although they aver° injuriously affected by nnprere.
detiW lode, were 449815 dots., or,. in sterling at the
ez present rate of exchange, say the dollar, £809640
.pee 01117111111; and iedesting 60 or omit for all expenses,
r, ',tie surplus, after payload of interest upon the debts of
that portion of the line in operation, anoints to
—4184,550 per snows,
2'l7,Atjlt kaciear, therefore, that the present revenue,
shkongl) hat/4 from little more taut half the mileage
of the railway, and without the advantage of the
throsgh itreffio, is sufficient to pay the itterest on the
*hole aebt of the entire line, with a surplus exceeding
£30,000 pa annum.
3, Oil cetopletion of the whole system of the railway,
and asking the traffic per mile, only as actually exist-
ing in March-688 alas will produce per
annum - • • - • • $11,53t,944
Deduct *Miring eipetnes 66
per cent • . $6,919,166
Rent of Maiming Stir Cal - 236.000
—,--,--- 7,205,766
Net awnings per asrmm If • • • $4,327,178
'Which, at an exchange of ad. 4d. to the
j dollar, is - - £721,196
Or it the ordinary exchange of 41. is - - 865,405
--
'l"4l6liittigiiiirg that the bonded or preference
ideb_te on completion of the works will
o""Veleh E 5,500,000, the interest at ? per
sent. wilj absorb • - • • - £386,000
Laving fig dividends on shares at and ex-
cihangelbfla dd. • - • - • £336.196
Leaving for dividends on shares at an ex-
.; change.. Of 4.. - - - • £480,435
The extrsordinary proviso of the traffie may very
anti b uecounted for by reference to the map, which
shoe, that the Aillarlis' lad Great Western Railway
cambia Ls ;nest (neat petition on the continent
.1.. a
.diroseisk an unbroken guage of 1,200 miles
through the wealthiest district, of the United States,
j tfaaatien Yeakon the Atlantic, to Cincinnati on the
Ohio and St. Louis on the Mississippi, in the south-
.rr, vett:4a to Cleveland. on Labs Brie, in the nor
west, embracieg practically the whole traffic of
• seof.ter,. *Ad making lonnecticets with the
•11•• intalistrtent radiators 1--
At Warner/as., with the Erie Railway; at Corry,
with the.ol Greek Railway and the Philadelphia and
brie ; at Meadville, with the Franklin and Oil
.„, City Brandi of the Atlantic and Greet Western
Railway; at Cleveland, with the Cleveland and Toledo
illiallwaY Vat • Greenville, with the Ras and Pittsburgh
Railway; at Ravenna, with the Cleveland and Pieta-
-:o9Fuldi Attains" ;• at Aimee, with the Cleveland, Zanes-
ville, and Cincinnati Beltway; at Mansfield, with the
lore Wayne, and Chicago Railway; and
the Sanduslty, Mansfield, and Newark Railway; at
.4, Galen aid,Mattetk. with the Cleveland, Columba., and
Cincinnati Railway; and the Bellefontaine Railway;
at Gebees, with the Great Central Railway and the
Sandusk„..Deptee. and Cincinnati Railway; at Spring-
field, welt She Springfield and °Aloha, Railway,
. Springfield, linniat Vernon, and Pittsburgh Railway,
• iv/tithe Sandalsy,Dayton,.asd Cincinnati Railway; at
Dayton with the Dayton and Michigan Railway and
• , thePaii-Gisitnalsejett Dorton end Western Railway;
• itOineialiati, with the Ohio and Misaiasippi Railway,
Indianopolis dad' Viaitilmati Railway, Kentucky
, Central Railway, imcilthe Louisville, Memphis% and.Rew
One moist importasbenglall, astern'. the
hams prospect. lifi tharsalliar has •
Iheauese Pet benefited by the "
'er '
them

•
16,5,• 184
The

1864 t

399,581
permit. having ,

- and 1

almost
't of

4'

canwlia, _
lease tor 90 Telt% U..
^ d toi:ao66 miles.
^ - The piellent ion 0 rolling
• --,lssaostotives cue, under
passengee oars, tIO 9691^
struntion. 40 ;Thog gag _
tarrying 40 tons each, 2,566.
The engagement with the
toniivg stock to of 50
pttpe of the
I.

eo
127
1.27
'lipidfiat _
44, to h,.113111).
The &tooth Pretgbt 4,zicl passenger '
4111134 partially opened during the •
about 184 miles additional will bs
:ration. Occasiond treight
to trayton, for setae weeks,
If The receipts, though derived a
2' local seurees, Atte greatly in excess