The Express.
London, England, 1850-02-16 00:00:00

a sum shoat equal to the amount debited in the year 11349 ;
seasequatly this amain will be finally written off in the
present year.
In makiag up the locomotive account of the southern divi-
sion to the 30th June last, a nun was claimed as a credit
against capital for the enlargement of Engines, but disal-1
lowed by the locomotive committee ; cons and damages of
ea action in respect of a contract for the supply of coke,
1847 ; sad sundry other chances not considered to appertain
to the ordinary expenditure of the half year, in all amount-
ing to 6,7461.'2. 10d. A portion of this was passed to the
iebit of reveum account, in June, 1849, and the remainder
has been passed in like manner to tits revenue account of the
lest half year. I have traced thane tremendous and find
that, in additien to their being recorded in the minutes of
the committee, they were duly brought under your notice.
I have examined, sad hereby certify to you, that all direct-
toes sad other official perms connected with the company
have paid up the whole amount of calls due upon their ~harea
sad stock, to 31st December lest.
I cannot allow this opp rtunity to peas without expressing
my opinion as to the mode in which the accoun•s of this
company are kept, They are, in my judgment, so perfect
and systematic, that I have no hesitation in recommending
their continuance as at present.
Mr. Wright's report on the stores' accounts, states the
result of his investigation generally to be, that upon a
careful consideration of all that has come under his notice,
he is warranted in certifying that the stock of stores, as a
whole, in quantity and quality, fully and fairly represent the
east at which they stand debited in the public accounts of
the easapeny.
The capital amount to the 31st of December shows that
28,266,0831., including 2,632,1651. during the pest had-year,
bad been received, and 28,192,0314 expended, including
2,906,1641, expended dazing the past halt-year, leaving a M-
imes of 73,0621.
The amount emended on main lines and works was
17,651,2811. ; on Leeds and Dewsbury and Iluddruli•ad and
Manchester lines, 2,408,4261 ; locomotive stock, 1,971,0991. ;
oa lands and buildings yielding rent, 251,0831. • on lines
opened in which the company have en interest, 2,904,057 L,
nuking a total amount of 25,186,847/. upon which dividend
and interest are °Tamed to . Tree sum expended on
branch lines of the company not completed, and in those
they have an interest, is 3,006,184 i. The amount of share
eanital paid up is 17,911,1611. ; paid in advance of calls,
176,6181. ; loans on debentures. 9,846,1331. ; loans on Hud-
dersfield and Dewsbury lines, 332,1701.: total, 28,265,0821.
The return .1 working stock states on the 31st of
December, 1849, there were 631 locomotive engines and 533
waders I state canine, 449 first-class and composite car.
rises, tender,4
second-class, 232 third-clear, 25 post.cffices and
teMen, 230 carriage trucks, 157 break and pat eel vane, 36
parcel carts and trucks, 6,611 waggons, 122 sheep vans, 13
Moneys, die.
The amount of calls which may be made was 3,775,7704 ;
amount of calls in course of payment, 132,4131. ; total
amount receivable on joint-stock capital, 3,908,2131. The
total length of mileage worked is 7254 miles ; average cut
per mile for rolling stink, 2,5901. The avenge cost per mile
far railing stock, in 1840, when 2331 miles were worked, was
2,6791,
The revenue account for the half-year ending the 31st
December lot states that 1,164,3961. had been received, of
which 1,129,6051. was for traffic; and 628,378/. expended, of
which 381,3901. was fee working charges ; 53,04131. for rates
and taxes and pus nger duty ; 170,5221. interest on l•mos ;
17,9061. losses in respect of the North Unisn, the Preston
and Wyre, and thy Scottish Central Railways; and 5,412/.
rents and muse, sea of Peterborouth joint station ; leaving a
Palace* of 536,0161. It is prcposed to divide 419,1121. among
the shareholders, being at the rate of 54 per cent. per
annum. The renewal of rail account shows a tate! espendi.
ture for 1849 of 71,6321. ; and the amount set acid. from net
T.-venue, 52,5361., :saving a balance against the company of
19,0961.
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