The Sun.
London, England, 1864-08-15 00:00:00

SALISBURY AND YEOVIL.

The report of the directors states that the gross earnings
for the half-yeah were £27,465, and for the corresponding
half of 1863 £24,208, ahowing an increase of £3,207. The
traffic for the year ending the 3Dth of Jana last was equal
to £2Bl per mile per week, co £59,288, for the year ending
the 30th of June, 1863, was £26 per mile per week. or £54,042,
showing an increase of £2 10s per mile per week, or £5,240.
After deducting Ncorking expenses. Government duly,
interest, and all other charges, a balance temainnd at
£10,199, to which was added £2,3,58 from thapneceding half-
year, making an available sum of J 312,657, out of which the
directors recommended the payment of a dividend at the
rate of 6 per cent per annum on the preference shares, and
at the rate of 43 per cent per annum on the ordinary shares,
leaving a balence of 4746. The second line of rails be-
tween Bradford Abbas junctioh and Yeovil was opened for
public) traffic in May last, and the doubling of the entire re-
maining portion of the line would now be actively proceeded
with. The bill empowereing the company to acquire addi-
tional lands and to raise further capital received the Royal
assent on the 23d of June. It was proposed to make the
dividend warrants payable on the 22d inst. The capital
account showed that £932,733 had been authorised, of which
£656,372 had been raised, leaving £276,361 to be raised.
The expenditure to the 30th of June amounted to £663,947,
leaving a balance of £7,559.

ALFORD AND MABLETHORFE,
A meeting has been held at Alford in support of this pro-
ject, Of £60,000 required for the execution of the works
only £lO,OOO is solicited in the neighbourhood. The line,
it carried out, will open the coast of Sutton, Mablethorpe,
&c., to the pleasure seekers of the Midland district.

GREAT SOUTHERN AND 'WESTERN OF
IRELAND,
The report of the directors states that the traffic of the
lino for the past half year was in excess of the preceding
corresponding half years, but until an improvement took
place in the state of Ireland no great increase in the traffic
could be expected. The directors recommended the pay-
ment of dividends at the rate of 6 per cent, per annum on
the preference capital, 3 176 per cent. per annum upon the
£113,350 ordinary capital held by the Midland Great Wes •
tern Railway Company, and £3 per cent. per annum upon
the other portion of the ordinary share capital of the com-
pany, less income tax. The committees of the two Houses
of Parliament, notwithstanding a most determined opposi-
tion on the part of the Midland Great Western Railway
Board, had accorded to this company the right of pissing
over the Shannon at Athlone by means of the Midland
Railway—a privilege which secured nr ever the indepen-
dence and prosperity of the Great Northern and Wei3tern
Railway. Parliament Lad further granted to the company
free access to the Great Southern and Western station at
Athlone; such direct communication with that company's
system could not fail largely to increase the traffic of the
company's line. The directors propc.sed giving effect to the
monetary clauses of the two bills before re'erred to. with
the view of discharging existing liabilities on the line to
Cai,tlebar, and of carrying out the Westport and Ballina
Extensions. The capital account showed that £187,492
had born expendtd, leaving a balance of £8,023.

VALE OF
The report of the directors stated that, comparing the re-
ceipts and expenses of June, 1864, with those of Debember,
1863, the accounts showed an increase of £8,674 in the re-
ceipts and £4,036 in the expenses. The permanent junc-
tion with the Great Western Railway at Aberdare was ecru-
pleted, so far as this company was concerned, in December
last. lb Great Western Company, however, only com-
menced by means of a temporary junction between the two
lines, the working of through goods traffic on the 18th of
April last, and notwithstanding the most urgent der:ow:lda
by the directors., anel promises repeatedly made by the
Great Western, are junction for passenger traffic had not
yet been completed. This was a great hardship upon the
company, inasmuch as it not only leaves to a great extent
unproductive the large amount of capital expended upon
the works, but deprives them of the benefits which they
had fairly anticipated from the larger passenger traffic that
would have arisen on the opening of the new route. Upon
the completion of the narrow gauge by this company they
became entitled to certain payments from the Great West-
ern Company, which, in accordance with the terms of the
agreement, had been referred to Mr I'. E. Harrison, but
until that gentleman has given his award the directors
wore unable to take credit for the actual amount. They
had, however, carried £1,500 to credit of revenul. The
available balance for dividend on the ordinary stock, after
providing for interest, preferential and other charges, and
placing £l,OOO to the credit of a reserve fund, was £15,869.
This sum would admit of a dividend of 41 :per cent, per
annum, leaving a balance of £7OO for tho next half-year,
and the directors recommended the declaration of that di-
vide nd accordingly. The laying down of a third rail on
the main line between Hirwain and Merthyr had been
completed, and rapid progress was now being made with
the Dare and Amman branches. The directors had en-
tered into a traffic agreement with the London:and Nortli •
Western Railway Company, and had purchased the Aber-
dare Valley Railway for a payment of 7,5 per cent, per
annum on their share capital of £12,000.

The capital account showed that £1,461,559 had been ex•
pended. The revenue account eor the half-year showed tha
£71,225 had been received, end £33750 expended,

THT SUTHERLAND MINISTER AND MR. JOHN
BRIGHT.—Some years ago Mr. Bright was going to
a certain town on the Sutherland coast. While the coach
was going through a certain parish, the worthy minister
thereof mounted and sat beside John Bright. They began
to discuss politics. After a while the minister said, with
a twang and dialect we cannot copy, " I'll tell you what it
is, we'll nejier have peace until that blackguard, John
Bright, be hanged. He is trying to Americanise our
institutions, and do away entirely with the glorious consti-
tution of Great Britain." " Oh," says the M.P., "you
would not surely hang him." "Haag him," replies the
minister, "I would just hang himself as high as the tree.
The blackguard Cobden is bad, but he's 10 degrees worse.
Oh, he should be burnt, burnt I" In something of the
same strain the conversation went on all the way. After
sorvice he was complimented by the clergyman for whom
he officiated on the fine audience ho had, " and among the
rest you had Mr Bright, M.P. for Birmingham," " Where
did he sit ?" says the minister. He was told where the
stout M.P. sat. "0 Lord," he exclaimed, " what have I
done ? He came down on the coach with me, and I called
him a blackguard, and said he should be barned."—Elgios
Courant.

[ADvEaTre,EErizi—Holloway's Ointment and Pills.—
Hearty and Healthy—The experience of thousands, both at
home and abroad, has amply demonstrated the power pos-
sessed by these healing and purifying remedies of removing
cutaneous eruptions, repairing ulcerations, and relieving
fistulas and abscesses. These hidden evils frequently rob
life of every comfort through the reluctance of the sufferer
to expose his infirmity. Holloway's ointment supersedes
such dreaded publicity by pPicing within the reach of all
ni,Ain instructions for caring themselves without any den-
ier, end witnout the necessity of mentioning their malady
to anyone. The ointment and pills will likewise cure bad
legs, aca bby rashes, and those blemishes which arise from
of mercury, and from the UBO of other deleterious
thedr useugabs.