The Express.
London, England, 1867-02-07 00:00:00

tolls and station expenses due to the Willi Londoc
tens
i l
on Railay, accounts
1e.364 for which had not been adine..L
unti h year, r. • b.date
Maio and Jersey steamboat trathe :.:ems. • ,
tional renewals, chiefly in the carrhige sod „...;
department, 7,3y81. ; total, 65,35.-ii..;• thus leaf
23.972/. as the increase of experolittire which is ,
I counted for by the working expen-es of the nee
opened lines, and also by the genera increase in ea::
stores, and the &demi materials which are used by
compitny. In the London district the South London :
was opened on the 13th August, but, as pet of the r.
way of the London, Chatham, and Dover Rao.,
party over which the company are to work to reach r
Victoria and Kensington stations has Lot been e,„„,i,h,
the through communications and ceunectioa with mi
metropolitan and suburban lines which the south Lon
line was intended to form, has not yet her obtained,
the traffic therefore upon this line ranted he
developed. It will likewise ultimately awl at is dints,
date be an important line in the circle of nietrumlitt
railways, and the directors look forwent to a Luce at,
lucrative traffic upon it. In East ete,sex, the lme
Tunbridge Wells was opened on the Ist October, ar
having regard to the time of year at which the tiabo„
took place, it being at the close of the Tothn4
Wells Keaton, the traffic upon it has here utkiw,
In West Suttee: the Mid-Sussex and IlidlturstJurZ
Railway, which this company have agreed to purch...s
opened on the Lith December. At present the trate ,
small, but this, like other similar hem, adds to the no;,
on the existing lime, and no doubt will be (nether
loped. The traffic carried on by way of Littlehape
with St. Melo and Jersey, which ham resulted in t,
the company, has been diwcontinued, and the steam.
used for the purpose are transferred to Newhaven, re, a
the screws doing the liondeur service, and the died
assisting in the Newhaven and Dieppe route. ybe 1..
upon the Leatherhead and Diking Railway 1,, t:;i:
completed, and the line will shortly be (trued Th't
company will thus obtain access to a new and laittki
district, from which a large traffic may tiltimatch 4,„„
posited. The works upon the line front Dakingtelbeiot
are alsoapproaching completion, and this hne is etrek,4o
be opened in the present half year. Thisline f rola Mem*
tion, in accordance with the provisions of the corare,.s
sot of 1894, will be amalgamated with and romp, ai
this company's system, and will complete the maxi,
of this ournpaiiy between London and Brighton.
between Uckfield and Tunbridge Wells to slat eiper.,;,,
be opened in the course of the present half-year. .1.4 t
on the resolutions of the special general meeting
'2lst August last, the directors idlotted I,efet,ooof.o,,
ferential 5 per cent. stock in November ; of this ot,,
small proportion was accepted, to the disappoiatioilif
the directors, necessarily causing, for the time, e,
venience in the financial arrangements of the coni.7,
The directors have, therefore, reduced to the sis,4
limits compatible with economy expenditure um es
already in hand ; they also have abstained from ente
upon any which had not been already enamelled e
they propose to complete such of these works as an tt
important in a public point of view, and are comelier,
most likely to be immediately remunerative, eel,
proceed gradually with the rentaiuder, then me,
tug the expenditure over a lengthened period,
rectors are glad of being, to a very gre.tt extent, retie.,
ir. the present session of parliament, from the heavy,.
expensive contest, which have now been for so at:
years forced upon them by rival and ..pectdative schen,
The net amount at the credit of the revenue 30CUUL
1011,528 f., out of which the directors recommend th, p
meat of a dividend of 2 per cent. for the half yea , once
ing to 107,4241., leaving a balance to tb: crr,lit of •
current balf-year of 1,100., and making the dividend.
the year amount to 4 per cent.