The Sun.
London, England, 1864-07-16 00:00:00

WEST FLANDERS.

The report of the directors states that they have sum-
moned the shareholders in order to obtain their approval of
a convention made provisionally with the Societe Anonyme
de Construction de Tubize. At the last half yearly general
meeting the directors informed the shareholders of the mo-
lives which led them to solicit the concession of two new
lines, in order to develope the traffic and to counteract the
effects of the competing line from Ostend to Ypres and
Armentieres. The concessions were approved. The direc-
tors subsequently ordered the surveys, plans, and estimates
to be proceeded with, and during their prepitration over-
tures were made to them by the Societe Anonyme de Con-
struction de Tubize to lease the whole of this company's
lines, including the new lines, to construct the latter, to
pay the interest upon the capital, and supply the necessary
sums for the gradual reimbursement of this capital. The
principal features of the conventions are :—That the West
Flanders lines shall be leased to the Tubize Company from Ist
Jan., 1865, for the whole duration of the concession, and for a
rent of £36,000 per annum. During the first six years. how-
ever (which will be the least productive, owing to the fact
that the new lines have to be constructed), the rent will
only be £32,000 for the first three years, £33,000 for the
fourth, and £34,000 for the fifth and sixth years. The
Tubize Company become responsible towards the Govern-
ments of Belgium and France, in lieu of the West Flanders
Company, for the execution of the obligations imposed
upon the latter by the original contracts of the conces-
BlUtirs. The advantages of the convention are clearly
shown by the following figures;--In the year 1862 the
sum available for dividend was £11,967, after discharg-
ing the ordinary cost of working and the payment of
interest on the loan and the preference shares. This enabled
the directors to pay a dividend of 8s 9d on the ordinary
shares. The corresponding amount of £13,256 in 1863 would
again have allowed the same dividend, had it not been for
the circumstances explained at the last general meeting. The
rent for the first three years of the lease, after deducting the
expenses for management, estimated at about £3,000 per
annum, and the above-mentioned charges, will leave a sum
of about £14,750 applicable to dividend. This sum will bo
augmented by £l,OOO for the 4th year of the lease, £2,000
for the fifth and sixth years, and £4,000 for the seventh
and following years. The agreement was ratified on the
10th of June by the Conseil General of the Tubize Com
pany, and is definitively binding on them ; but, before

can take effect, it must receive the approbation of the Bel-
gian Government, which the directors have every reason to
believe will be readily obtained.

Railway Traffic Returns for the Week.
Miles Opened. Reoeipte.

Railways.

-,e---- --
1864. 1863. 1864. 1863.
X 4
Belfast and N. Counties 136 136 2,619 2,264
Belfast and County Down 49 49 1,013 868
Blyth and Tyne 2B 28 2,113 1,870
Bristol and Exeter l2ll 1211 6,885 6,948
Caledonian
Cockermouth& Workington B5 81 - -
Cork and Bandon 2O 20 407 371
Cork, Blackrock, &Passage B5 -
Cork and Youghal . 321 32 572 493
rn Cowall 654 531 1,726 1.431
Deeside . 17 17 45J 859
Dublin & Belfast Junction.... 63 63 1,450 1,436
Dublin and Drogheda 75 75 1,915 1,948
Dublin and Meath
Dub. & Wicklow and Wexid 915 181 3,818 2,793
Edinburgh and Glasgow 173 173 8,115 8.263
Furness, &o 5O 6u 3,230 3,043
Glasgow & South-Western
Gt.Eastern,Nrfk.,&E.UniOn- 663 663 35,198 32,545
Great Northern 353 351 33,800 23,189
Great North of Scotland 5B 58 1,740 1,902
Gt. Northn. & Westn. (Irel.) 714 711 421 480
Gt.Southn. & Westn.(lrind.) 3731 ' 329 9,193 8,806
Great Western 10564 10681 87,574 63,294
Inverness & Aberdeen Juno B6 865 1,362 1,185
Inverness & Perth Junction 1195 - 1,949 -
Irish North-Western 145 145 1,589 1,783
Lancashire & Yorkshire 402 395 43,650 38,430
Limerick and Ennis,.... 2ll 2 221 179
Limerick and Foynes 264 26 168 298
Llanelly 461 4 658 737
London & North-Western
London and Blackwall 1 2,117 2,201
London & South-Western
Load. Brighton, &S. Coast 261 2501 20,763 21,293
London, Chatham, & Dover 72 725 7,697 5.843
Do. Metropolitan Extension 114 101 2,250 1,300
Man.,Sheffield, & Lincolnsh
Manch. S.J um& Altrincham 94 95 1,519 1,146
Maryport and Carlisle 2B 28 1,545 1.355
Metropolitan
Midland (incl. N.-Western) 641 630 15,564 13,083
Midland Gt.Westn. of bind. - 282 2591 4,438 4,950
Monkland 7ll 711 1,760 1.411
Monmouthsh. Rail. & Canal 44 44 2,620 2,368
North British, Edin., Perth
and Dundee
N-Eastern and Stock. & DarL 1095 10791 59,366 54,148
North London 9 9 3,696 8,368
North Staffordshire 254 254 9,689 8.046
Oswestry and Newton 5O 42 1,183 1,093
Rhymney -.... 191 194 987 779
St. Helen's Canal & Railway.. 52
Scottish Central
Scottish North-Eastern l3B
Somerset and Dorset 66
South Devon ...- ..... - 751
South-Eastern 306
Taff Vale .... ..... -....- 57
Ulster lO5l
Vale of Clwyd. .........
Vale of Neath 431
Waterford and Kilkenny 3l
Waterford and Limerick 77
West Cornwall 271 2
W.HartlepoolHarbr.&RaiL 52 51
W'haven,Cleator,& Egrmilt lO 7
Whitehaven Junction l3 13
Whitehaven &Furness Jun 35 35
FOREIGN AND COLONIAL.
Antwerp and Rotterdam 52 52
Austrian B2B 828
Bahia and San Francisco -
Belgian Eastern Junction 261 261
Bombay, Baroda, & Cen. India 185 1855
Buffalo and Lake Huron l6l 1614
Detroit and Milwaukie lB9 185
Dutch Rhenish lOB4 1084
Eastern Bengal
Eastern of France.
East Indian
Grand Trunk of Canada lO9O 1090
Great Indian Peninsula 553 495
Great Luxembourg 134 134
Great Southern of India
Great Western of Canada 345 315
Madras
Madrid, Saragossa drAlicant 660 490
Northern of Canada
Northern of France 697 697
Norwegian Trunk - -
Ottoman
Paris, Lyons, & Mediterrn lBO5 1713 12.,,537 124,315
Paris and Orleans 1614 1494 64,550 5,53 )
Pernambuco 771 77 Bsl 703
Royal Danish 69 69 6,794 3,077
Sambre and Meuse 6B rot _.. _
___
South Austrian
Soinde - -
Southern of France 770 680 26,933 23,106
Victorian 196 196 10,813 11,428
Welland -
West Flanders 75 75 1,392 1,210
W. and N.W. of France. 9BO 813 42,644 42,302

5,798 6,106
5,680 5,616

138
39i
751
306

813 '434
3.888 3,916
25,813 24,766
5,093 5,778
2,745 2,538

164

225 .419
2,831 24 58

458 3 3
1,990 1,250

779 -73
4,972 0419
770 693
1,083 875
1,001 84J

30,421 80,310
V 7 -
321 800
3,177 2,296
2,013 2,296
4,348 3,583
5,539 5,133

63,170 55,817
24,593 19,625
20,052 16,559
12,325 9,570
4,512 4,653

'526 592
9,347 9,122
5,695 4,229
21,399 18,552

As Marshal Niel was two days ago taking a drive
in bis phaeton at Toulouse, one of the horses fell, and the
shock threw the marshal out of the carriage and broke one
of his ribs. The accident, however, is not expected to be
attended with any serious Consequences.