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

has been secured by the Eastern Union Company
affording the hope that this important branch will be
opened tor traffic in the course of next year. A satie-
factory arrangement has been made for the, joint worker
ing of the Tilbury and Sauthend line by this company
and the Blackwall Company, so soon as that .line is com-
pleted, and from which the directors confidetaly 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
act
with this object have had repeated interviews with the
Easternthey
have Union
produced
Company, n o
a;
I,
isf ory they
but
result.re gr e t that hitherto
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 end;ng July 4, 1852, corre-
eponding period of 1851, 1,249,226 mites, and the same
period of 1850, 1,185.628 miles. The cost of working,
including repairs and renewn.l9, was at the rate of 1 1.1 ld.
per mile per train the half-year, ending the 4Th of July
last; endirg July 4, 1851, 13.794.; and July 4, 1850, at
the rate of 17.22 d. A comparative statement shows that
there nos been an increase in the number of wiles rue
w th the trains over the half-year 1851 of 223,884; and
an actual decrease of expenclitute of 3,5781.; and over
the half-year 1850 an increase in 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
ending July 4, 1850, and upon which the mileage
of the past half-year is equal to a saving of 37,4941.;
of which increase of mileage 109,596 miles are
due to that runon the East Anglian Railways, and 18,829
miles on the Royston and Ilitchin Railway. The con-
sumption of
coke was gradually reduced from 39.891 b. in
July, 1850, to 28.151b.in
1851, and to 23.391 b. in July,
(Messrs. 1852. The report of the auditors J. Reeves and
W. Mayhew) states that they find the accounts correct
after a tharough and continuous monthly examination
into their details. The capital account, to the 4th o f
July, shows that 9,675,319/. had been received, and
9,655,5651, expended, leaving a balance of 19,7541. The
revenue account for the half-year shows that 391,1751.
had been received, and 177,6451. expended, including
8,234/. rates and taxes, and 7,0971. Government duty.
The liability to the Newmarket Company amounted to
2,5001.; to the Great Northern, for the Hitchin line, to
4,2001.; interest on guarantees and loans, to 153,5971.,
including 30,787/. to the Northern and Eastern, 93,7501.
to the Eastern Counties, and 29,0591. to the Norfolk
Company, leaving 53,232/. for dividend on the ordinary
shares.

LONDON AND Bt
oL
beik C
submittedliW A L L .
The report to
the pro-
prietors on Tuesday next stares
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
the corresponding period of 1851, and a decrease is the
working expenses of 6001., and in the gross revenue
charges of 8981. The number of passengers conveyed
ever the line during the half-year was 2,718,978
the
receipts being 25,8932, and for the corresponding
period of 1851, 2,416,042 passengers, the receipts being
25,102/, showing an increase of
in 309 936 in the number
of passengers, and of 7901.' .
the receipts. The amount
authorised to be expended upon the enlargement of the
Fenchurch-street t '
e terminus has been raised by the issue
of debentures bearing interest at 4 per cent. The direc-
torssum of 30,8001., at 4 and 4}
per cent. interest, -to
replacedebentures at 5 per cent.
They are assured that the
branch to the Haydon-square
warehouses will come into
°
A contract has been enteredperation in October next.
emi-
nent contractors Messrs. Peto, ii7eto with the
for the construction of this l Us, and Brassy,i
Upon completion of the works the contractors
for 425,0001.
to take a lease of the line for 25are
years, and
they guarantee a net return of 6 per cent. on the share
capital paid up, from the lat 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 th;
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 c om-
pany to avail itself of the traffic from the Eastern Conn-
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 corn..
pleted, realise all the advantages which have been held
out to the shareholders. _ _ _

The capital account shows that 1,438,859/. had been
received, and 1,389,4201. expended, leaving a balance of
49,4391.

NORTHERN AND EASTERN.

The half-yearly meeting of this company was held
yesterday at the Bishopsgate station; Mr. Paterson in
the chair.

On the motion of the CHAIRMAN, the guaranteed di-
vidends on the 5 per cent. and 6 per cent. shares were
declared, the retiring directors were re-elected, and the
business terminated with the usual vote of thanks.