The Express.
London, England, 1863-10-20 00:00:00

GREAT INDIAN PENINSULA RAILWAY:

The report of the directors to the half-
yearly meeting on the Mel instant states that the
average number of Who of railway open for traffic
during the half-year was 604, Wag an increase
of 66i miles woe the number opus in the correspond-
lag period of the maims year. The gross MOCHA mama'
for traffic was 290,4431.16 e. 114., equal to 6761.6.. 60.=
railway mile, sad to lie. B}B. par bah mile. Of
amount 56,1001. 10s. 6d. woo =prided in Inasperting the
ad& between the gape in the railway sydsse at the Elm
and the Thull Ghtts, which left the sum of 334,3431. 51. 511.
received for Male as per the general mono asoxuat.
Againat this bider rum are ad the worlds g modems of the
railway, amounting to 149,569/. lis. 2d., which leaves • not
profit for the half-year of 84,7841. 2.• 3d. carried
to the credit of " set MINIM mood " h redac-
tion of the goverment armor ft account of interest.
The receipts par railway mils me higher last half.yoar by
RR. 2a. 90., not withstaadiag the hicreased mileage wedged ;
tint ultlongh ready to acknowledge this u being • Datis-
factory feature of the amount, the directors are of manias
that &Mill bettor result would have bar imprint bed each
rates bison in faros as the board cassidsr tits company are
fairly entitled Mahar's, mad which they have for a long
time put been eadeavoariag to get the comsat of the ge-
yerament to intradm. The damage views on the sub-
ject were in the ism* of Jane last again prominently
brought before the government authorities at home and in
India. and they have sow Tema to lisps that it will be
shortly dealt with is sad sissemer as to realise the company's
just axpactatioca. The working exposer amount to
63.81 per out. of the receipts brought into the
revenue statement, being as Monism of 1.71 pr
ant. npoa the impasses of the mammthag'
of last year. This rate of per comps iscludes owever,
under the Inallag of "compsosatioa," the sum of 24,13161.
19s. 7d., or 10'51 per coa► of the receipts ; the amount of
that item in thy carrespoadiag period Meier; been only 7961.
125.. 10d., or 047 par cant. Exidediag " ompensation`
from the calculation, the ratio of expenditure to receipt' lad
half year is 63'31 per mat, as amount which in the impure-
fact sate of the railway cannot be regarded as exessins.
The directors regret that the company should have sus-
toned the serious loss of 24,6181. 19a. 7d. ; it arose chiefly
in connexion with the °Moe traffic, several accidental fires
having occurred in mins of cotton during the dry mum,
sad a coosiderabis quantity of codas which was in come of
traaait at the commemont of the south-west momocei
having been unavoidabi damaged by rain while
in the company's Tim mass which led
to the Madan have ham easefully considered
by the directors, in ormianction with the government.
and measures have boon taken which It ie hoped
will prove effective to guard against similar accidents in
futon. Theme' portion of the railway and the rolling
stock aad mod I. nee sea reported to hays been tho-
roughly main throughout the half.year. Appended is
a report of Sr. M. W. Graham, the chief resident engineer
dated Bombay, 7th September, which affords full inform ;
Doe of the progress sad state of the works wader comm.
tics. By the cad of this yaw the *sly works of importance
upon the null Out Imbue which will sot be finished will
be No. 2 toned sad the Rhogaina viaduct, sad Mr. Gramm
sees nothing in three works to provost them being
completed by May next. Upoe the several other
contracts the works are bag imergotically prossentad.
Mr. Graham's report open the serveys which have been
mails of the alternative lie., to the south mat of Sheila-
pore has not yin bean rewired, but is expected shortly.
In consequences of the Seminary of Slats for fedi", having
determined not to extend the existing system of gmantes,
mid the directors feeling that this comony's Mend re-
quired that measures should forthwith be takes to sawn
Meeonstructioa of the branch to mud their line with
Lim, which had been surveyed by their amisom with the
amadtm of the goverameat, they, la the month of Jam led,
format • separate company, called "The Oran India
Peninsula Extension Railway Comma? (Limited)." with the
°blotto( whin arid worlds' the "adore liss. The projed
was favourably entertained both by the 'overawed sad
the public ; but it having been (mad esaissou7 to refer the
mgotiations to Lida whack bed bees opened with the go-
vernment, is order to obtain for the UMW= Commayilis
requisite concessions sad sishroadocia. the directors of lid
company deferred India{ sa allotammt of Mama; sad re-
quested their colleague, Mr. A. S. Aprtee.LP., to premed
to ladis adconclude strummed. wit( the
there. Mr. Ayrtoa is sotordingly at proems ial;ad
whilst thorn he will also ad as a ramsbm of Ow y
committee of directors, an maagmosat whisk the beard
believe wall madam greatly to thisoompeay's Wade la the
settlement of several important quistkisi. We to the
mood of 81. per share Mum in arrears apoe twenty shims
of the company numbered 224,571 to 924,640 sselsaive, and
225,226 to 225,235 'Delusive, the dirsoban have dselerei
these shares forfeited, and a resolution to modem the for-
feiture of the will be oultenitad is the mining.

MITILOPOLITAW Fan Howerm., Dsvorevanut•
WAR; thm—'PM aggeepte ambeirel Wiest. relieved
daring 11,41 reek wale( Oat. 17 wr—lasitisel, 996; we.
dial, 625 ; tela. 1.623 ; al which 530 won now awe.
SIM limpet al redooed duty ebtabsed by put'.
&Wig li'mfia's Pon Tic wry as.
• abel4s.
Mgt Iftdied" •IS Ineurie, as. et), ihn
ade4 au• *Odor imeereed. Amer is ewer deem eerri=
pesimeek—tdetieellemseui