The Express.
London, England, 1865-08-22 00:00:00

GREAT EASTERN RAILWAY COMPANY.

The report of the directors to the sixth half-
yearly meeting, to be held et the London Tavern on Thurs-
day next, states that the revenue account for the pact half-
Tear, comprehending twenty-six weeks, exhibits, the follow.
mg results, namely :—Total receipts from traffic eud ether
sources, 804,8161. 12s. 9S. ' • total working eapeoses, in-
cluding rates cod lanes sod goveinmerit duty, 413,0801.
7s. 4d. ; difference, 391,7361.5 a. sd. Les —Payments made
to the Northern end Eastern and other computes, interest
ow guaraoteed, preference stooks, and mortgages, /th,
348,8131. 7s. Id. ; balance, 42,9n1.4d. As compared
with the oorrespooding period of 1864 the revenue saionet
shows an increase of 26,5351. 16s. 11d. The net
balance available for dividend fur the half-year,
theluding the balsoce of 9601. 7s. 9d., carried
over on the previous half-year, is 43,4081. 16a, Id., which
will provide a dividend for the past half-year at the rate of
1 per sent. per annum on the ordinary stock of the company,
' leaving a balance of 1,7311. 3s. 111 to be carried forward to
the next account. This available Induce is lase than the
batons for the corresponding period of last year by the sum
of 9,2481. 10s. 6d., a deficiency which has been mainly ec-
heloned by an increase in the expenditure for the goods
brake charges, which exceeded those of the corresponding
period of lest year by the sum of 11,3511. The tweeters
entirely coulter in the opinion expressed by Mr. Moseley,
the trot% manager, that when he is in • poultice •e• give his
undivided attention to the traffic arrangemeate of the corn.
petty the expenditure in his department will be greatly re-
dared. Is addition to this Moreau in the expense of
working the goods traffic, the directors regret that the
amount changed en compensation for injuries to pea-
sensors exceeds by 3,5004. the charge on the like ac-
count for the oorrespooding half-year of 1864. But for these
exceptional charges, end aotwithetandirig the increase in
the charge for interest, the directors would haws been
enabled to declare a dividend clue! to that of the corre-
sponding period of 1864. It is, however, to be ob-
weed that in the prenot animate the director. have, as
on previous °wagons charged to the capital account the
interest upon the stock for the purpose of meeting
the payments in respect of I.ues end works in course of
construction, but nut yet is &Ode for traffic, to the amount
of 18.:1371.18s. 4d. The di i‘..tois believe that this course
is generally adopted by o tie railway companies, although
it is in some cases provided for by an arrangement with
the contractor, who in that case of course adds it to his
contract price, and thus it becomes a charge upon capital ;
or other modes are resorted to which end to the same
result. If, however, the shareholders are of opinion that
the whole 'mount should be charged to 419•011110, the
divisible fund willed' course be diminished to that extent.
The directors have at length the satisfaction of being
able to state that the new lines from Sudbury to Clare,
BlieUord, and Bury St. Edmunds have now been opened
for public traffic; and they have reason to believe that not
only will this iseressed accommodation give great Was-
faction to the district through which it is carried, but that
it will materially increase the company's receipts. Is the
last report the directors stated that they bad made arrange-
ment, with the Issocashire and Yorkshire Commie, for the
purpose of carrying out, in canjuuctioo with that company,
the formatioa of a line el railway which would secure to
this company an uninterrupted cominuoicatiou with the
north, an object which the directors have lung felt, end
often expressed, to be absolutely essential to the full
development of the company's traffic. In accordance with
this arrangement • bill was introduced into parliament
in the last session for mu-eying it into effect,
but the directors regret to state that she measure
encountered so serious an opposition in the Howe ot Com-
mons, upoe the second reading, on the part of the Groat
Northern Company, that the bill was thrown out, and this
important messier, was therefore necessarily delayed to a
future mashie, unless some amicable arrangement for effect-
, jog the same object could in the meantime be made with
the Great Northers Company. The feeling of the directors
' was in the first instance to maw an arraogetuent with the
Lancashire sad Yorkshire Company, but, after considerable
dummies sod oonsideration, that company declined to
co-operate with this company upon the footing of their
memos agreement. The discussions which calmed upon.
the rejessee of the bill brought in by this company--ell
tending to show the importance of the measure they had
is soatemplatioe—appured to leave no doubt but that
in • Mars seerioe parliament would grant to this com-
pany the means of an independent communication with the
northern detrains, sod particularly as regarded the carriage
of oral Imo the sateen parts of the metropolis and it was
probably owing to this eoevietion being so ge'sseally felt,
that ovartaras were received from the Greet Northern
Company with a view to Militia the loop law belonging to
that sompsey, sod which, when their line from March to
Spalding is completed, will form an outlet from the lines of
this company as tar as Domestic ; end after a prolonged
&missies .betweea the two. boards, and a mature 0001idett.
Ow of the details by the dimes of the respective maw