The Sun.
London, England, 1855-07-20 00:00:00

RAILWAY INTELLIGENCE.

LONDON, BRIGHTON, AND SOUTH COAST. 1
Tile report of the directors just issued states, that the
capital raised to the 30th of June last is 7,74:,115/., con-
sisting of 1,837,8351. mortgage debt, 1,237,6461. pre-
ference capital, and 4,615,6341. consolidated stock. The
total amount expended on capital account during the
half-year has been 57,9991., of which 18,8211. has
been expended on the Crystal Palace branch and station
and the London-bridge terminus, which are now nearly
completed, and 7,1111. on additional plant. The
gross revenue for the half-year has been 310,4151.;
showing a decrease of 8 2781. as compared with the
corresponding period of 1854, but an increase of 38,470/
over the corresponding helf-year of 1353. During
the past half-year the direct receipts from Crystal
Palace traffic have been 19,7971. The miles run
by those trains have been 55,654, the cost of which
has been 7,6311., showing a larger net profit per train
mile than the average on the other lines and branches.
The miles run by the trains in the half-year ending the
30th of June last were 973,944 against 898,234 miles at
the corresponding period of 1854;- the total traffic re-
ceipts amounted to 299.861/. against 307,3661., and the
total expenses to 140,9621. against 147,3341., at the cor-
responding period of 1854. The ordinary expenses in
the past half-year were 124,6301., against 125,3961. in
1854; the cost per train mile 2s 64 1., against 2s. 94d.;
the percentage of expenses on receipts 41i, against 404 ;
the renewals, 8,922/., against 13,7461., and the cartage
7,4101., against 8,1921. at the corresponding period of
1854. The directors have spared no exertion to
curtail the working expenses as much as has been
compatible with the safety and accommodation of
the traffic, and they anticipate a further comparative
reduction during the current half-year. The line of rail-
way-from the Three Bridges to East Grinstead was com-
pleted and delivered over to this company on the 9th
of the present month, on which day it was opened for
traffic, and is now being worked by this company under
the agreement with the East Grinstead Company.
The lines have been completed which connect the
company's Thames junction branch on the one side
with the Government dockyard at Deptford, and on
the other with the Commercial Docks. Satisfactory
arrangements have been made with the Admiralty
and the Commercial Dock Company for receiving and
forwarding goods, timber, and Government stores.
The directors regret the retirement of Mr. Laing,
M.P., from the Board. The net amount at the
credit of revenue for the half year is 169,9041., whereof
is appropriated for interest on mortgage debt 39,3441.,
and for dividend on preference capital 32,9081., leaving
a balance of 97,6521., out of which the directors recom-
mend a dividend of 21. 2s. per cent. for the half-year,
amounting to 96,9281., and leaving a balance of 7241.
The directors remind the proprietors that Messrs. L.
Schuster, J. Nix, and C. Lushington, are the directors
next in rotation to retire at the first half-yearly meeting
in 1856. -

MASTERSHIP OP WESTMINSTER SOTIOOL,!—The Rev.
Mr. Scott, of Cambridge, has been appointed to the
bead mastership of Westminster School, vice the Rev.
Mr. Liddell, appointed to the Deanery of Christ Church,
Oxford.
On the Ist of August the Great Luxembourg Com-
pany's line of railway is t,) be opened to Rheisnes, with-
in 21 miles of Namur. The new convention of this com-
pany with the Belgian Government is in progress.
The King of the Belgians has conferred the honour of
Knighthood of the Order of Leopold on Mr. John M.
Mitchell, of Mayville, Belgian Consul, for Scotland at
Leith.