The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-27 00:00:00

RAILWAY INTELLIGENCE.

'BLACKBURN COMPANY.---The report of the dire'
torsi•to be submitted at the ,half yearly meeting
to-day (Friday),,points out the improved position
of the company as compared with previous bah
years, the half year's receipts having bear
£25,729 17s lid, against £25,741 9s 7d for the fire!'
half of 1856. They state that the revenue, though
satisfactory in some respects, is still very much:
less than the company ought to be in the real'
of. The directors regret that they cannot Pal 1
of the balance of revenue now in hand the dividee„
on the B preference shares ; but they believe,
the act for which they are now applying is Paeg° i
they will be enabled to resume the payment 13.,
dividends on those shares, and they do not done'
that the ordinary capital will -soon participate ill
the general benefit. The bill has been read ,s
second time in the house, and has been referred '°
a select committee to decide upon its merits. 1.118
directors state that the only serious oppositl°ll
anticipated to the bill is from the Lancashire 00"
Yorkshire and East Lancashire Railway Companie9;
the principal landowners on both extensions beie,!,
favourable to it. They state, as a proof ef„ the '
disregard by the Lancashire and Yorkshire °A", '
pany of their engagements, the agreement 'stoic
entered into by them with the East Lancashire f°,,,
an amalgamation, without having in any Waa;
consulted the interests of the Blackburn shat"
holders on the subject. _
SOUTH EASTERN.—The usual half-yearly meeti"
Was .1121 d in London, yesterday. The Chairel
in moving ills, adoption of the report, obserk`;eh
shat i(-. prominent feature was that part 1141'ue,
showed that, with a small increase in the into dg
ll
the'directors were enabled to pay larger divide'ii
than this time last year. The result had b.,°l
obtained without injuring the line, and great are
was due to the manager for the efficient manner st
Which it was worked. The through contineet,to,
traffic bad fallen_ off to the extent of £27P4
as Compared with the former year, but the
local traffic had considerably increased, and hie
increase . was still going on. The elect ot
telegraph belonging to the company bad the
length become remunerative, and, the profit Of '4,
last half year had reached 1,800/.. The line was
in
thorough repair, while the steamboats plying 11110
Folkestone and Dover to Boulogne and Calais Wefof
in equally good order. The reserved fund not
renewal of these boats now amounted to 17,5" re
Owing to the recent frauds in the Great Northeof
Company, the directors had caused the regist°,„o
shareholders to be closely examined, and he 'Do
happy to say the result had proved that they W'of
strictly correct. Adverting to the subjetest
the great gold robbery, he must ely',..oe
his regret that two of their officials should u'ig
departed from the paths of rectitude. 00,4.
they were aware, was a guard, and the other a edviie
fidential clerk. The latter was not, only a r,°;ze
but a fool, for had Tester waited- with Patrob6
for the results of his industry, there is no a° ift
that he would have risen to a high positiono
Sweden. As for Burgess, he was a guard in Wil it
the directors had placed some confidence, bap;
Would appear that he could 'not resist the te:so
tation of gold, and he had become the ~61'01,
ciate of thieves—the sure forerunner 01 dis,
timate destruction. After considerable,:i4, a
cussion the report was adopted; after I'll4'f iti
dividend was declared of 15s per £3O stock, (3'oo
the rate of 5 per cent. per annum, which to
absorb a sum of £185,842 10s, leaving a balanc"
be carried forward of £1,561 Os 2d.
whe clif;i
WHITEHAVEN AND FURNESS RAILWAY.—...-- ~ef
dond will be at the rate of 5 per cent. Y
annum,' - Afc tOrg
' WHITEHAVEN JUNCTION RAILWAY.--The eel—,c ,e,‘
propose a dividend of 7s. per share, or 31 '
centOXFer annum. liAll:
per annum.
OXFORD, WNICESTER, AND WOLVERHAMPTON i, - 00 I
WAY,—The receipts of this company, includiag.,o
Stourbridge Extension Canal, for the forttlos
ending February 15th, have been 7,5941 is 11d'anue
the expenditure also, including that of the D':00
bridge Extension Canal, 3,6891 5s 6d ; being %di
rate of 48.57 per cent; or, with the amount allot
ascertained' to February last, a total receipt to,
January Ist to February 15th, of 24,838/ 11SO°
and a total expenditure of 12,,79/ 178 4d, or at
rate of 49.84 per cent.

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