The Express.
London, England, 1853-08-06 00:00:00

'Lavaca tube carried forward... X 20,1102 8 0

DIVIDEND, AS ritorosvn FOIL THE BALF YEAR ENDING

JI•NE 30.

Z 19.00,729 cor.oli :ate! rteek. et the rate of Z 5 per

cent. pet 111.1.11111....

C 1,6,316 1 0
S. 4. 6. d.
10 0

6.4,71,7 L. and B. R:0 eLares
L inure et nttb per ant. on
Li uncalled

- 0
69,212 M. and 11. CIS shares ... 3 0 6 0 per share 10,00 2
Lers interest ett i,:i per COIL on

usbealled 4 6
- 0 6 per share 1,730 6 0

Cnirital of Hodder/field
and Man., and Leeds
and DenbOury .C 1,611,573
LC ..1-11.nla 492,471

,9 stork, at 5 per cent
per annum
C 270,00 Coventry and Nuneaton stock. at the rate of
£5 {.et cent, per annum

£A 151 18 6

SOUTH WESTERN RAILWA

The report for the half year ending June 30 has
just been issued. The statement of the receipts and dis-
bursements shows that the net revenue fur the half -year
ending the 30th of June, 18:),it, amounts, after deducting
intertg on loans, and all other prefer, ntial charges, to

119,1171. Gr. ; the surplus from the.3lst of December, 1852,
7311. 7s. 94. ; the balance applicable to dividend therefore
is 1:9,84!!. 13.. 9d. ; from which the eirectors recommend
that a dividend fur the half year, at the rata of 34 per
cent. per annum, be declared, amounting, on 6,751,3571.
16s. Bd., to 118,2011. ss. 241., and that the seine be paid on
the Ist of September, 1843 ; leaving to be carried over to
the next hall.sear, 1,6471.
It appears that the groat traffic revenue is more than that
of the corresponding period by 27,96 it. tie. 31. At the same
time the working expenses have increased 5,9771 17s.
The mechanical superintendent appends a report showing
the efficient condition of the rolling stock. Since December
last, 4,8231. have been rece lived trom the sale of surplus
landed property. The rents received frem this description
of property still exhibit a satisfactory mutt, being
3,283/. 10s. 3d. for the half-year, as against 3,135/. 16s. 31.
fer the corresponding period of last year. The new hooking
offices and extension of roof at the Waterloo Station are
nearly completed. The sum charged under the head o
legal expenses, amounting to 1,442/. 164. 5d ,is for convey-
ancing and other costs, a charge inevitably incident to the
acquirement of property. The company, having commenced
the system of collection and delivery of goods on their own
account, have provided a stock of horses for the purpose,
and have hired the necessary vane and waggons on a con-
tract by the year. During the last half-year, in accordance
with the former practice, 5,000/. have been charged against
revenue account, on account of augmentation of the
rolling stock, and 6801. 10s. Bd. for statiocs, &c
3,3511. Is. sd. have also been charged on account
of former bad debts and allowances to carriers.
The amount of 1,8941. 10s. Bcl., charged for law expenses
against revenue includes a sum of 4601. 10s. 3d. paid to the
Brighton and South Coast Railway Company for this com-
pany's proportion of law expenses connected with the joint
line, and a sum of 1,0001. paid to the solicitors of the corra-
-1 pony on account of parliamentary and other expenses
during the present session. The balance of .1311. Os. sd. is
the expense of the oepartment of the law clerk of the
company for the half year.
The bill for conferring further powers on the company,
with reference to the completion of the unfinished works
between Basingstoke and Salisbury, approved by the pro-
prietors at the special general meeting in Islay last, has re-
ceived earliamentary sanction. The portion between Ba-
singstoke and Andover will be opened for traffic in March
next, and the remainder of the line to Salisbury within
three years from the passing of the act. The Wimbledon
and Croydon measure has received the sanction of parlia-
ment. The bill for the construction of the Staines and Wo-
kingham and Woking Junction Railway has received the
royal assent, and the new company is engaged in carrying
out measures for commencing the construction of the line.
The board will be prepared to enter into amicable arrange-
*outs for the development of traffic upon terms of reciprocity
mutually beneficial. At a special general meeting on the
19th of May, the proprietors signified, by a very large ma-
jority, that the construction of a broad gauge line west of
Dorchester would be injurious to the interests of this rail-
way, and authorised the directors to take measures to de-
feat that project. The board succeeded in obtaining the
rejection of the Devon and Dorset Railway Bill, sod
pledged this company to seek for powers, in the text ses-
IRion, to construct a double line from Dorchester to Exeter.
The district sought to be supplied by the Devon and Dorset
line made it not only desirable but necessary that the
country which would thus have been wrested from the
South AVestern Kirilway interests, should be accommo-
dated. The proprietors will easily perceive, that it is not
desirable at the present moment to propound or to enter
upon a discussion of the mode by which the requisite capi-
ta'. may must advantaeous'y be raised. The directors feel
that, oa so important a matter, it will be better to call the
shareholders together on a future day for this specific ob-
ject, and then to submit the plan beat suited, both to the
circumstances of the times and to the presort ,und future
interests of the shareholders.

• NORTH LONDON RAILWAY.

Yesterday the half-yearly meeting of this com-
pany took placo at the Easton Station ; Mr. JOHN SCOTT in
the chair.
The following repot was reed by the Secretary
" Statement of the revenue account for the half-year
ending the 30th Juue last, affords conclusive evidence of
the steadily increasing prosperity of the railway. Com-
pared with the corresponding period of the year 1852, the
re re ipts Crum passenger traffic show an increase of 2001. Gs. ;
the particulars of the two ptriods being ss follows:
Passengers. Amount.
Ilalf-year (tiding June, 1852 1,776,1b6 L 25,936 2 2
JuLe, 18.53 1,934,810 28,616 8 2

.. ------ -
Increase in 1833 .... 158,624 £2,680 6 0
" The receipts from goods traffic are likewise sat6fac-
tory. The increase being 4,5311. Is. rid. on a comparison
of receipts with the corresponding period of 1852; and as
contr./Mid with the receipts of the half-year ending De-
colitycr last, the increase is 2,3861. 19a. 9d. The result of
the pelf-year'i, ti.ne•actions, as shown in the accounts, is as
f.dlows : the gross receipts amounted to 37.1751. Us. Id. ;
and the expenditure. including toll to the Blackwell Rail-
way Company, to 21,408/. 3s. 21. ' • leaving, with 6331.
13s. 101., the amount carried forward from the last half-
, tear, a gross balance of 16,4211. Is. 9d.; and, after provid-
ing for the payment of the interest on the debenture debt,
tli, re remains a net balance of 11,1441. 4s. 45. available for
diri.l .nd. This surplus enables the directoes to recommend
on increase of dividend ter the rot half.‘ear from 158. to
17s. 6,1. per shoe, Iraving the A111:1 of t.' I:. Id. to be cu-
Tied forward to the credit of the current half-year's accoure,.
Arrangetaema have been made to ma a limited IMlXabt't of

Chia osipsny's pa...eager traias on to Ken, over the L n• r
dna cad Neils W. atria Railway, (p.m w,i;,„
tea, and over ii.e North and South Western Juact;..n It ul
way, from Wille•den to Kew. There can Li. Wile i:uutit
that much new loathe will result Imes this
as it will afford east attics liven the rite,
sad all tle northern 'labial* of Lie.dois, to Kew
1.1 ird. us, and other toasts of attractica is to it di.trici
lt will be observed that the act charges the aanurs of the
company to "The North L ado% Railway." II its provi-
sions, it is ti gained that the new capital shall consist of
25.000 china of 101. each, to bir effe:ed to the ex:stiag
shareholders rateably, according to their present hiding:
Wilk, this art ingeneen% the bidder of (Airy ten of the ori-
ginal 601 abaft•• become entitled to nineteen of the nes.
10f. abates now to be created ; and a special reaolatioe for
the creational the new capital will be seeendiagly submit-
ted to the shareholders at the pre...at meeting. 1 hese ni w
shares will, thereupon, he tendered to the shareholders ac-
sordiog to their respective holdings. The 60,200 J. Five per
Cent. D-benture hoods, wl.tch tali due un the Is: of April
last, have all Lea senesce' at the reduced rata of 31 in r
cent.
The CHAIRMAN, in moving the adopti in of the it port,
stated, in reference to the I,ot:A paragraph, that iSt•
ta-
MAUI shown in the traffic returns was somewhat in-
teresting. The int Cleo weeks after the &hh June,
daring the fired Exhibition, produced a pos4 atsr tnfli
of about 7,0311/ sad in the cornspoadir4 Eve*. eke 011862.
the 'rootlet na. 7,3101 , *him in thee ',impending period of
the present ye sr it was 7,5701, Wheat about 3 per 9,11 L in
16...2 over 1811. and upwares• .44 r ec rent. in lit 43 over the
gnus 111111111)./ • foe pasaengers ;n 18:i2, or 11 per cent.
ail in liC.3 ceer the sir an priori in 1831. -hen
the attractioa of the Omit E-abibidaa was is toll km.
it was liiitlOlng to him to he en.shied to state that the hi.,
•winectare the Lines North ars Railway with the North
Loudon Kearney, Lad recetstly been completed, and the
Juuetiim Broach from the };warn Counties was in rapid
progress to j .in the line s'. Ilarkney Wick. A satisfactory
arrang meat as also sal Witt to b.- completed immediately
with the Hatter* CourAyen F., the st.,..nunn.inum of
p.,
scopes to and trona Ca* wearers suburbs, as well as fur
goods traffic, of Isiah a considerable amount was expected
in grain. larm.prodi.ae, and lice stock, when the new cattle
market about.' be iatahlished fa l'openhoren
The report was naanintostaly adopted, and a dividend de-
clared al recommended therein.
The no (tin.; ass then mad. rpecial, for the purr*. of
empowering the director. to take such measures as may be
deemed advp.able fur raising the new capital authori,ed by
the North I..ndon hallway Act, 1113.
A resolution in accordance with this ohj,tt was agreed to,
and the proceeding. terminated.

LEEDS, BRADFORD, .4\'ll HALIFAX JUNCTION

RAILWAY.

Yesterday the third half-yearly meeting of the
sbarebold,rs in this compare was held at LMIV, &heard
Akroyd, Esq , chairman of 0.10 Board of D‘rectors, pre-
sided. The report stated that the constesplinn of the main
Tine and the incidental works is rapidly progressing, and its
completion for the powers of trathc may be anticipated
about the sprint of neat (year. The powers conferred
on the company by the new act will enable them
to open • direct c •nimunicstion with the important
collieries of Oildennene, Ailwalton, and Drighlington,
and the 6011T.11 towns nod districts with which tie
oompany's lines are corinectcd, and more especially
the town and neighbourhood of Bradford, with
• suitable st Ilion at Bradford. The !antral :ab.
street of the cash ace ,ant up to the 30th June,
showed that the receipt*, as per balance sheet of December
31. t, 1832 were 32.136/. 14s. 24. ; the int n account
of delayed issyms nt of call., 85/. 32. 14.; transfer feet, We.;
interest allowed by 11, ckett and Co., DM 2s. 10d. ; pre-
paid pas, 18,6120 i. ; debts owing by the company,'
1,621 f. 131. lit. ; making a total of 52,G671. 3a. &I. The
payment., an per balance sheet of December 31st, 1851,
were 14,316/. Os. 6d. ; land purchased amounted to
10,1661. 16e. 2d. ; deposits for land to be purchased,
7,1521. 6s. &I. ; contractor, on aecou a of making the line,
18,777/. 17s. 24. ; engineering expenses, 9001.; seeretary's
salary, rent of .me... furniture, statidnery, and miscalls.
aeons, 4671. 11. 9d. ; beakers' commisaien, 931. 17s. 7.1.;
cash in band, IV. Is. Od.; unpaid call., 1301. 12.. &I.; ba-
lance, 6661. Os. ed. ; making an aggregate of .52,6671. 3s. sd.
The report was adopted, and also a resolution confirming
• this contract 'attired into between the Great Northern
Railway Company for making, working, and other arrange-
meats.