The Express.
London, England, 1862-08-26 00:00:00

WATERFORD AND LIMERICK.

The half-yearly report to be submitted to the
meeting on Friday, states that there is but little &Sn-
ead:, in the receipts from the Corresponding half-year of
1861, in which the amount received was 32,8071., whilst in
the last half-year it has been 32,884/., showing an increase
of 771. In passenger traffic there is some decrease in fast
and second clam, but considerable increase in third clan pas-
sengers ; in the carriage of military there is a decrease of
3231., but in goods an increase of 3371. ; awl the receipts
from the cattle traffic are nearly stationary. These variations
are not of a kind which call for much remark on the part
of the directors. The statement of accounts shows
that, after providing for the interest on loans and
dividends on preference stocks, the net available
surplus is but 2,4201. la. 2.2. so that the directors
cannot recommend a dividend of more than ss. per
share on the original capital, being at the rate of one per
cent. per annum, which was the dividend paid in the corre-
sponding half-year of 1860 and 1861.

COLNE VALLEY AND HAIATRAD RAILWAY.—The
report of the director, of this company shows an additional
expenditure on the capital account of 29.2671. 13e. 3d.
during the current half.year, the total payments amounting
to 189,455/. 19s. 3d. The revenue account for the current
half-year issatisfactory, thegross income being 2,0521, 10s. 3d.
as against 1.155/. te 3d. in the corresponding period of
1881, the mileage for 1861 being mix as compared with nine
up to the 26th May last, sod 111 from that date to the 30th
of June, 1862, and the directors have every reason to expect
that the increase will be in a greater proportion when the
line is completed and opened to Haverhill. The line from
Castle Hedinghani to Yeldham (2 miles) was opened in
May last, the whole line to Haverhill is now nearly com-
pleted.
WHITZHAVRN AND FURNIBB JUNCTION RAILWAY.
—The report of the directors states that the traffic receipts
for the past half-year amounted to 16.7941., and for the cor-
responding half of 1861 to 17.5701., showing a decrease of
776/. The expenditure amounted to 8,5631., against 8,2104,
showing an increase of 352/. The balance of revenue
account, after payment of interest on loans and all pre-
ference charges, wee 2,9701., and the directors recommended a
dividend for the past half-year at the rate of 21 per cent.
per annum, leering 1361. It appeared from the engineer's
report that the renewal of the permanent way must be
proceeded with as speedily as possible, and that a certain
sum would be set aside every half-year for that purpose.
The capital account showed that 48.4,926/. bad been ex-
paschal.
LEEDS, BRADFORD, AND HALIFAX JUNCTION
RAILWAY.—The director, state in their report that the net
balance of Toyama available for dividend for the half-year
ended Jape 30, was 14,2791., and they accordingly ?mom-
mended a dividend at the rate of six per cent. per annum,
leaving a balance of 1791. for the reserve fund. The gross
receipts on revenue account during the half-year were
24,8241., and the rose expenditure, 6,7891. The capital ac-
couut *bowed an increase of 16,932/. The works on the
Batley and Adwalton branch were progressing satisfactorily.
An act has been passed authorising the West Riding. Hull,
and Grimsby Railway Company to make lines from Wake-
field to Boroley.on-Dun and Doncaster. The bill, as ori•
ginally submitted to perliameet, having contained clauses
seeking extensive powers over this company's lines, it wu
Decametre to watch its program before the committee of the
House of Lords. Those clauses were, however, rejected by
that committee. The engines and rolling stock are in good
repair and condition. Mr. Fraser, the company's engineer,
reports the permanent way and works of the railway and
branches to be in a good state of repair. The Batley branch
is fast approaching completion. The sum of 663.615/. had
been received on capital account to the 30th of dune last,
and 661,9301. expended ; leaving a balance of 18,315!.
against the company.
TAFF VALE ILAILWAY.—The statement of ac-
count allows a disposable balance of 47,068/. Out of this
amount the directors place the usual sum of 710!, to the
credit of the depreciation fund, and declare a dividend at
the rate of 9 per cent. per annum upon the stock awl B and
C 101. shares, payable on the 6th of September, leaving a
balance of 2,492!. to be carried forward to the current half-
year. The new works upon the main line for providing a'
larger amount of accommodation for the trade are progress- .
hut satisfactorily. and no interruption to the Ftrafsa has
occurred during their construction. The noissued 10/. B
shares have been disposed of, and the director, state with
satisfaction that they have realised a premium which, added
to the premiums on shares previously sold, exceeds the •
amount of the discount on the 25!. @harem issued in 1842. ;
The revenue account shows a total receipt for the pant half-
year of 128,644/. ; and the working expenses for the same
period have amounted to 60,856/., or 47.31 per cent. on the
traffic. Passenger dut7 and parish rates and taxes form a
further charge, increasing the total outlay to 64,5841., and
leaving a balance of 64,0801. on the half-year. Deductiog
from this amount the charges on debentures, preference,
and irredeemable stock, Az., a balance of 43,6101, is left on
the renewal revenue account. The depreciation fond now
amounts to 5,0601. The capital account showed that
1,462,5841. bad been expended.
MANCHirriMit, SHIFFIRLD' AND LINCOLNSHIRE
RAILWAY.—The total expenses of this empathy's railways, r
Including rents, tolls, duty, lta., from July 1 to
August 17, 1862, amounted to 42,4541., as against 44,791 f. I
for the corresponding period of 1861. The proportion of
the South Junction receipts accruing to this company from
July 1 to Amend 17. amottated to 4.4894, as against
4,O'W. for the corresponding period of 1861, and the ex- I
pewee to 1,8281., as against 2,1471.