The Express.
London, England, 1860-09-06 00:00:00

CALEDONIAN RAILWAY.

The following is the report by the directors to
the thirtyttret batfyeerly meting, to be hold on Tuesday
neat:

"The accounts show a balance of 104,8601. 19.. Rd. • after
payment of the dividends on the preference stork and shares,
31,4561. 9s. 9d, there remains, 3,4051.95.7 11d. ; the direc-
tors recommend a dividend ou the ordinary stock at the rate
of 41 per cent. per annum, 63,9101. 12s. 24d.; and that the
surplus, 7,4741. 17s. 81d., be carried to credit of contingent
account, which will stand thus—net sum at credit of the
contingent account at Jan. 31, 1860, 9,1421. 0, ,2!d. ; add
aurplus revenue for the half-year, to July 31, 1,460, 7,4741.
17, add. ; total, 16,6161. 17s. 11d. ; deduct-1. renewal of
buildings, 3,582/. his. 3d. ; 2. to account of the parliamem
tary expenses in the Carlisle and Hetrick tannest, 7,000/. ;
3. balance for half-year, to Jan. 31, 1860, due under agree-
ment with the Edinburgh and Glasgow and Scottish Central
Companies, 2,125/. 15s. bd. ; there remains at credit of con-
tingent account, at July 31, DIOD, 3,9081. ilk. 3d. The
revenue and working exposers are—revenue, 367,=. ; in-
crease, 26,5241. ; working expense*, 150,950/. ; increuse
12,947/. ; rate per cent.. 417. lc 11d. ; increase, 12e:
The average rate of the debenture interest ms declined from
41.55., at 31st July, 1859, to 4/. 2a. 9d. per cent per annum.
The expenditure on capital account during the half-year
amounts to 52,36/. 18e. 74d.—a1l original outlay. The
works of the Dalmarnock, the Wilimotatown, sod the Grantor(
branches are in progress. The directors regret to be still
unable tore rce completion of the Gnutton line. The
Symington, , and Broughton Railway, which joins
the Caledonian 'no at Symington station, will shortly be
opened, and will be worked by the company. The Hamilton
and Stratlinaven Railway, in connexion with the Hamil-
ton branch, was partially opened on the 6th of last month.
It also is being worked by the company. The directors
regret to have to report the loos of the bill for the amalga-
mation of this company with the Edinburgh and
Glasgow sod Scottish Central Companies, winch was
opposed by the public on what u believed to
have been a most mistaken view of their own interests.
The acts authorising the acquisition of the Leemahagow
branches, and the construction of the Lanark and Douglas
branch, have received the royal assent. The Symington,
Biggar, and Broughton
CompanyCo have been authorised to
extend their line to the oi Peebles. The Caledonian
Company are required to subscribe 15,0001., and they are
empowered, with consent of a general meeting, to contri.
Mite 30,0001. further towards the capital of the extension.
An act has been obtained by the landowners and others
locally interested for a line to connect the town of Dum-
fries with the Caledonian at Lockerbie. Dumfries and the
important districts travelled by the Castle-Douglas and
Port Patrick lines will thus be accommodated with direct

railway access to Edinburgh and other parts of Soothed.
rid the Caledonian. Mr. &Meld, Mr. Prim. and Col
Ctllo
Gandy retire from the direction at this meeting, but they
are eligible for re-electiois. Mr. of the firm of
Messrs. Coleman, Turquand, Youngs, Co., accountatts,
London, has, in the unavoidable absence in Canada of his
partner, Mr. John Young, audited the accounts along with
Mr. Fleming."