The Sun.
London, England, 1864-09-01 00:00:00

CORK AND YOUGHAL.

Yesterday the half yearly meeting of this company was
held at Gresham-house, Old Broad-street—Sir C. Roney in
the chair.
The Secretary (Mr C. Banks) read the report, which
stated that the traffic receipts had been £12,328, being an
increase of £2,449 over those of the corresponding half of
1863. During the first eight weeks of the current half year
the receipts had averaged £llO a week above the corres-
ponding period of the previous year, during which period
the working expenses had been considerably reduced, and
now stood at 50 per cent. of the receipts. The steamer
which had been placed upon the river Blackwater had been
plied, an 1, in addition to its having caused an augmentation
of traffic, had afforded increased facilities and accommoda-
tion to the tourists and residents in the vicinity.
The CHAIRMAN, in moving the adoption of the report,
said the traffic receipts for the half year had shown a very
large increase, amounting to £2,449 over those of the cor-
responding period of 1863, giving them an average increase
of £94 per week. That was highly satisfactory. The traffic
still continued not only to maintain the position it had ac-
quired during the past half year, hut it was better. A part
of the increase was due to the fact that they had been run-
ning hourly trains on the Queenstown line, and the public
availed themselves largely of the accommodation thus
afforded them. He went over the line last week, and he could
state that it was in excellent condition. Nothing could be
better than the manner in which the lino and stations had
Seen maintained. The traffic was increasing,and the working
expenses had been considerably reduced. They were now
only 50 per cent, of the receipts. In Mr Parsons they had
a moat valuable officer. Building operations were actively
continued, both at Youghal and at Queenstown, and the
houses already erected at those places had been lot on vory
remunerative terms. At Youghal a large number of houses
had been erected, and they were no sooner habitable than
tenants were found for them. He had no doubt the im-
provement in the traffic would be progressive. He con-
cluded by moving the adoption of the report.
Mr. CHAMBERS seconded the motion, which was carried.
A vote of thanks to the chairman concluded the proceed-
ings,
LAMBETH-BRIDGE.

The half-yearly meeting of this company was held yes-
terday at the office.i, Great George-street, Westminster—
Lord Torrington in the chair.
The Secretary read the report.
The CHATHMAN said ho had nothing to add to the report,
as there had been no change in tho circumstances of the
shareholders since the last meeting. The lessee, Mr Davis,
paid the rent punctually. In his own mind he had every
confidence that when the various works in the Thames were
completed, and when the market was finished, a large
amount of traffic would come over the bridge and improve
their property. He moved the adoption of the report.
Mr KELLY, in seconding the motion, asked how it was
that the dividend was one per cent. less.
The CHAIRMAN said it was a matter of prudence with
the directors, as they had an arbitration case on hand.
They had carried it crier to the next account. It was only
deferring payment, as the shareholders would no doubt
have more dividend next time.

Th© report was adopted, and dividend, at the rate of
eight por cent. per annum for the pas: six months, was
agreed to.
A vote of thanks to the chairman concluded the prG.Peed-
lugs.