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

lanilinag Intelligence.

LONDON AND SOUTH•WEFsTERN.

The report of the directors of thiti company states that
the net revenue for the six months ending June 30, after
deducting intermit on loans end all other preferentlai
charges, amounted to £150,573. To this is added
£7,235, the 'undue at Deceinher 91, 1857, making
£157,808 available for dividend. Out of this loin the
direotors recoinniend that • dividend at the rate of £4 ss.
per omit. per annum, payable on the 21d of August, he
decilitre& amounting on £7,197,850 of capital paid up to
£152,954, leaving a balsnue for next half-year of 8.4,853.
Thu decrease in the gross revenue for the half-year, ea
tempered with the oorruponding period In 1857,
amounts to £14,648, In the working ammonites to £1,682,
and In the net revenue to £13,514. The increase In length
of railway in operation labo mile', and in the miles run
by the train. 11,494. The total paidmp capital of the
ouinpany in the consolidated stook at the preeent time Is
£7,713,650.' of preferential stooks, £188,676; and of
ordinary debenture debt to £,850,178. The amount raked
on the perpetual 4 per cent. stook is £47,862. The
amount of consolidated stook remaining unissued is
£515,799. The ruport of the locomotive superintendent
shows a diminution of the expenses chargeable against
revenue in that dmartment, of £2191, notwithstanding
that two engines have been built at the expense of
revenue during the half.year, and added to the stook.
The permanent way has been maintained In good work-
ing oontition. Although the amount of expense in-
cornet during the present exoeeds that of the oorrem
lion ling period of 1857, it will he observed that £8,802
has been expended in relaying portion. of the line dur-
ing the latter half-year at the expense of revenue. The
, doubling of the Southampton and Dorchester line hu
progressed rapidly. The Northam Junction Lino is own-
pletod 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 goon as the double portion of
the Dorchester line is linishe I. The works on the Top'
chain branch must be completed in two years, and the
director* see no reason to doubt that it will he coup
peed for £60.003. Parliament has extended the Mine
for the completion of the Salisbury and Yeovil Railway
and has authorised the sale or lease thereof to this man-
nerly. By the balitbury and Yeovil Company's Ant of,
1857 this company is authorised to guarantee the de-
benture debt of the fialt.hury and Yeovil Company.
Mr. J. E. Errington, the engineer, reports that the
works on the Exeter Extension line are proceeding
satisfactorily. The main line, including the Yeovil
branch, comprises about 50 miles of railway, three tun-
nels one of 200 yards and another 1,900 yards in
length, nearly 3,000,000 cubic yards of earthwork, sad
150 bridge and arches of various duct-lotions. There
are now employed on the works 9,000 men, 000 hones,
and two locomotive engines. The revenue account he
the lialf-yeez show* that £393,854 had been received and
£188,317, or 4931 per sent. expended, including
£24,542, or 612 per cent., for sent.,
duty rates,
and taxes, leaving • balance of net reveune of =5,456.