The Express.
London, England, 1857-08-15 00:00:00

B4STEIN COUNTIES RAILWAY.

The directors' report, to be presented to the halt-
yearly meeting, on Friday, the 21st of August, shows OM
the receipts of the half year amount to 619,2141. 19s. 711...
from which is to be deducted expenses amounting to 300,0972.
14.. 6d., leaving • balsam of 219,1171.55. Id., lees interest on
guarantees and loans paid during the belt year, amounting to
141,954/. 2s. Thu baleen to he canted to the general revenue
account for the kilt year's traffic being 77,1631. 3e. Id., ea
welt m 7,6181.28. 6d., the balance remaining altar paying the
dividend on the 31.4 December, 1856, and • balance Ce
3,1181. la. arising from a sum set apart previously in reaped
of the Rasiern Union traffic scoonet on the tocommendation
of the andircre, and which amount has been settled. Alter
deducting *0001: !barged egeinat revenue this half year en
account of the deferred permanent way tenewal account, the
sum of 79,7991. 6e. 7d. remains applicable for dividend, end
being fairly doe to the proptietore, the directors have M-
etered a dividend of se, per share on the consolidated stock of
the company, amounting to 72,9201. 2s. 74., leaving • balanm
46,8791. 4a. to he cantedforward to the next half yeah
A comparison with the corresponding. six months of 1836
shows an increase of 25,736/. in the receipts, and • dimin4. ties of 14,0411. in the working expenses,from which saving
must, beware, be deducted 8,0001. chatted to revenue on
the deferred permanent way renewal account. In 1836 the grows
working expenses of the Buena Counties Railway Company
were 314,1381., whilst the allowance made to it &r wetting
expenses in division with the Norfolk and Edam Union
Companies was but 286,7931., leaving akm to the FAatem
Counties Railway Co' rupee, of no lees then 27,3441. on the
hettiner. In the lest half-year, the gear working ex-
penses ot this compon have been ,0971., and the Di
allowance tinder &moon with the Norfolk and Eastern
Union Company has been 2118,225/., reducing the loss to only
1,8721. This. satidactory result ham bean obtxtued by a redaction
of the working expenses from 601 per cent. to 461 per cent.
No charge whatever has been made this belt-year to capital
in respect either of the locomotive or permanent way, bed
=wcil;arge made has been horse by revenue, notwith.
the locomotive deparhnent has had to bear the
alms Of Pend* rolling Mock for the Woodford and
Lambert tine a dada of ground covered to the extent d
&dim dm. It is invariably the rule when new lime am
odd to supply rolling Mock out of capital, but during the
past yew that has not bees done. The rely addition' to
capital seemed are 6w a goods werehouse on the New-
market limn ordered in 1856, 'amounting to 1,760/.; and
AO in respect dland purchased in connexion with
the desk henneltes, the Woodford and other lines, of 7,4171.
/Os. 4d. The mount Mending at the debit of the account
cl the hind for renewal of way and works at the cone
mensement of the half-year was 112,7601. 19s. sd. This
demo is now diminished to the extent of 21,0001. by cony-
fag loth, credit at the ememat the following sum 8,0001.
lemeinved from the MenSIO sccOuld ; 6,0001. freak
the *dent et dividends, accrued prior and op to
1860, m _ by the proprietors 's their Let half-rouV
meeting end the ddsr ad at 8,0001., the produce of old
made sea dor middens' rmerionaly tweaked. The molt-
pas dein dims dried bs theism of 69,0901., as shown
Irithsteldmr Medea whin is neladve of mortgages de-
Intesest deft Ike Semporary ; the average rate et
boeseky the sunpany on Ye mortgage debt will he
needed increased in eandunse• dthe measure whirl"
Me in the mew emohaL The rolling stock is in a
therseshly Misled emilden ; time pendent way and works
are In a windy de Mats, end every repair midge is eons
steady going on.