The Sun.
London, England, 1852-08-20 00:00:00

has been secured by the Eastern tnion Company
affording the hope that this important branch will be
opened for traffic in the course of next year. A satis-
factory arrangement has been made for the joint work-
ing of the Tilbury and Southend line by this company
and the Blackwell Company, so soon as that line is com-
pleted, and from which the directors confidently antici-
pate a large increase of traffic. In concluding the report
the directors assure the proprietors that they are now,
as they have hitherto been, most anxious to cultivate a
good understanding with neighbouring companies, and
with this object have had repeated interviews with the
Eastern Union Company, but they regret that hitherto
they have produced no satisfactory result.
.The report of Mr. J. V. 'Gooch, the locomotive su-
perintendent, states, that 1,473,110 miles were run by
the trains in the half-year ending July 4, 1852, corre-
sponding period of 1851, 1,249,226 miles, and the same
period of 1850, 1,185,628 miles. The cost of working,
including repairs and renewals, was at the rate of 11.11 d.
per mile per train the half-year, ending the 4th of July
last; ending July 4, 1851, 13.79 d.; and July 4, 1850. at
the rate of 17.22 d. A comparative statement shows that
'there has been an increase in the number of miles run
w th the trains over the half-year 1851 of 223,884; and
an actual decrease of expenditute of 3,5781.; and over
the half-year 1850 an increase iu the number of miles
run by the trains of 287,482, and an actual decrease of
expenditure of 16,8661., or at the rate per mile per
train of 6.11 d. on the average of the half-year
1850, and upon which the mileage
pastui half-year is equal to a saving of 37,494/.;
oenfdtihneg jY 4
of which increase of mileage 109. ,596 miles are
doe to that run on the East Anglian Railways, and 18,829
miles en the Royston and Hitchin Railway. The con-
sumption of coke was gradually reduced from 39.891 b. in
July, 1850, to 28.151 b. in 18.51, and to 3 31_1- in July,
1852. The report of the auditors (Messrs. J. Reeves and
W. Mayhew) states that they fndtheaccoeunatoio
accounts correctotion
after a tharough and contmeoue i
monthly examination
into their details. The capital account, to the 4th o
July, shows that 9,675,3191. had been received, and
9,655,565/. expended, leaving a balance of 19,7541. The
revenue account for the half-year shows that 391,1751.
including
8,2341. been received, and 177,645/. expended,
8,234/. rates and taxes and 7,0971. Government duty.
The liability to the Newmarket Company amounted to
2,500/.; to the Great Northern, for the Hitchm 1ine,,..t0
4,2001.; interest on guarantees and loans, to 153,5911.,
including 30,7871. to the Northern and Eastern, 93,7501.
to the Eastern Counties, and 29,059/. to the Norfolk
Company, leaving 53,232/. for dividend on the ordinary
shares. • •

LONDON AND BLACKWALL.
The report of the directors to be submitted to the pro-
prietors on Tuesday next states the gross receipts on
revenue account for the half-year ending the 30th of
June last, with the surplus of 1,3954 from the previous
account, have amounted to 29,0821., and that the expen-
diture, including 2,3051. for rates and Government duty,
amounted to 14,7891,, leaving a balance of 14,2931. The
interest on debentures, amounting to 2,7161., being de-
ducted, there remains 11,576/. available for dividend,
which will admit of the payment of 2s. a share, clear
of income-tax. There is an increase in the receipts
during the past half-year of 2,0621., as compared with
I the corresponding period of 1851, and a decrease in the
working expenses of 6001., and in the gross revenue
charges of 8981. The number of passengers conveyed
theov ptserrectehieline during the half-year was 2,718,978
period of 1851b,e2in,
25 , 1021 , showing
al
of 6/ i 07254, increaseB293.l
o passengers,f the receipts being
authorised to lae expended. 9 309 936
thein
norresponding
number
of passengers, and
Fenchurch-street terminus has innp theon receipts.the
enlargementa
have also raised the
of debentures bearing •
tiltileterest at 4 per cent. The direc-
torsbeen raised by thineofoisutshnuete
per cent. interest, to replace sum of 30,8001., at 4 and 4
They are assured that the debentures at 5 per cent.
branch
to the Haydon-square
warehouses will come into operation in October next.
A contract has been entered into3e with the emi-
nent contractors Messrs. Peto,
of this nt Betts, , and
for
482r5703071,.
for the construction
Upon completion of the works thee
contractors
to take a lease of the line for 25
are
they guarantee a net return of 6 per cent, on tars, he share
capital paid up, from the Ist of January next,
during
the term of their lease. The whole line is to be
com-
pleted in eighteen months, but it is believed that the
portion to Tilbury will be ready for working by the en-
suing summer. The works of the Fenchurch-street sta-
tion enlargement have been commenced, and will be car-
ried on with all possible energy, so to enable the com-
pany to avail itself of the traffic hom the Eastern. Coml.
ties Railway and the Tilbury and Southend branch at
the earliest possible period; and the directors feel confi-
dent that the operations now in progress will, when com-
pleted, realise all the advantages which have been held
out to the shareholders.
The capital account shows that 1,438,8591. had been
received, and 1,389,420/. expended, leaving a balance of
49,4391.