The Sun.
London, England, 1864-03-10 00:00:00

GRAND TRUNK OF CANADA.

The traffic receipts on this company's railway for the
week ending Feb. 13, amounted, for local passengers, to
£3,373—foreign passengers, £9s6—snails, &e., £sl4—local
freight and live stock, £lo,Bl6—timber and lumber, £714--
firewood, £BB—and foreign freight and live stock, £2,718—
total, £19,180, against £18,531 for the corresponding week
of last year, showing an increase of £616. The company
have announced the payment of the half-year's interest due
on the 15th inst. on the Atlantic and St. Lawrence ster ling
shares and interest certificates,

MONMOUTHSHIRE.
The report of the directors states that the traffic receipts
for the half-year ending Dec. 31 last were £3,565 more
than for the corresponding half-year of 1862. The total
traffic receipts amounted to £65,514, against £61,970 in
the corresponding period, the expenses to £30,355 or 46
per cent. of the reeslpts, against £30,387, or 49 per cent. ;
and the tot earnings to £35,190, against £31,592 for
the corresponding half of 1862, showing an increase of
£3,598 in the net earnings. The sum of £4,500 had been
transferred to tho reserve fund from the general revenue
account, to meet liabilities in respect of the accident at
Cwmbran In july last, and of relaying part of the line, and
making additional sidings. The average rate of interest
now paid on the total amount of borrowed capital was
£4 6s 5d per cent. The general revenue account showed
that there was a balance of 116,111, and as that sum would
(less income tax) yield a dividend at the rate of 6 per cent.
per annum on the ordinary shares, leaving a balance of
£llO to the credit of the next account, the directors recom-
mended that a dividend at that rate be declared, payable on
the sth of April next. The relaying of the Eastern Valley
line of railway between the Marshes-road, Newport, and
Coed-y-gric Junction had been proceeded with, and the
whole of the up-line had been completely rebid. The
branch line to the Abercarn Colliery was being constructed.
In anticipation of the opening of the Sirhowy Railway for
passenger traffic, the two miles of railway belonging to the
company between Risca Station and the Nine-mile Point
had been altered and adapted to the requirements of the
Iloard of Trade for passenger traffic. The capital account
showed that £1,215,223 had been expended, leaving a balance
of £4,281 against the company.

LLYNVI VALLEY.
This line has just been opened for passenger traffic from
Bridgend to Maesteg, and it is expected that the accomnio
dation thus afforded will bring good returns to the com-
pany. The Ogmore branch is being rapidly proceeded
with, and when completed a large mineral traffic will be
brought over the Llynvi Valley line,

CASTLE DOUGLAS AND DUMFRIES.
The half-yearly meeting was held on Tuesday at Dumfries
—Mr. Maxwell in the chair. The report, an abstract of
which has appeared in The Sun, was taken as read.
The CRAittmeN, in moving the adoption of the report,
said the shareholders had murk reason to rejoice in the
prosperity of the line. Owing to local causes the traffic
last half-year had not increased in the ratio of previous cor-
responding periods, but the increased in traffic was never-
theless considerable. Tho beautiful scenery of Galloway
was becoming appreciated, as shown by the large number
of tourists who had visited the nistriet last autumn, and he
had not doubt that as the district became better known it
would be much more frequented. The line had last year
been worked at 38A per cent., and considerable advantage
was anticipated from the opening of the Kirkcudbright line.
It was much regretted that the express service to Ireland
had been discontinued, and he was sorry to hear that there
was no immediate, prospect of the harbour worts at Port-
patrick being coAipleted, so as to admit of the opening of

the short sea passage. They were opposing the bill pro-
moted by the Fortpatrick Uowpany to take running powers
over their lino as uncalled for, and likely to disturb the
arrangements between the two companies.
The report was adopted, and dividends were declared at
the rate of 5 per cent. on the preference shares, and 3s. per
share on the ordinary £lO shares.