The Sun.
London, England, 1864-07-25 00:00:00

RAILWAY INTELLIGENCE.

LONDON, BRIGHTON, AND SOUTH COAST,
The report of the directors of this company states that
the amout of capital raised to the 30th of •June, 1863, is
£12,094,099. ' The amount of capital expended daring the
half-year is £389,082. The opening of new branches and
the approaching requirements for the South London lines
have necessitated an increase in the plant; the directors
are making the necessary preparations, as the successful
working of the railway depends chiefly on the pos-
session of an adequate stock of engines and vehicles. The
high price of money has checked applications for de-
benture stock; still a further sum of £21,023 has been
issued during the past half year. The gross revenue has
been £466,301, showing an increase 0ri£3,186 over the cor-
responding half-year. The traffic is still subject to the natural
effect of the large reduction of fares and rates made the Ist
of August, 1863, but the expectations of the directors have
already to some extent been realised, as the traffic is con-
tinually increasing, and there is no cause to doubt that the
returns after the lst August next will contrast favourably.
The total traffic receipts for the half year ending June 30,
amounted to £451,454 against £445,610 for the correspond-
ing half of 1863, showing an increase of £5,844. The total
working expenses and renewals amounted to £220,273 or
484 per cent. against £224,394 or 60 1-3 d per cent. for the
corresponding period, showing a decrease of £4,121 in the
expenditure, although there was an increase in the mileage
of 201,104 miles run by the trains. The renewals for the
past half year amounted to £7,507, and the corresponding
half of last year to £9,258. The cost of working per train
mile was 2s 61d against 2s 111 d in the corresponding half of
1863. The lines promoted by the South Eastern Railway
Company affecting the interests of this company were with-
drawn, satisfactory arrangements made with that company
as regards the traffic from Tunbridge-wells to Eastbourne,
and all questions at variance adjusted—the director believe
this will prevent any future collision, and thus strengthen
the friendly relations of the two companies. The directors
have succeeded in obtaining powers for a direct access to
the suburban lines from Peckham across the Dulwich Col-
lege estate. These powers will enable the company so com-
pletely to accommodate the whole of their district that it is
hoped further important extensions may not be required for
some time. The branch lines to Bognor and to Seaford were
opened for public traffic on the Ist of June. The opening
of the South London line will be somewhat retarded by the
widening of the Greenwich viaduct; but the works will be
pushed on w4h rapidity. The net amount at the credit of
the revenue account is £122,603, out of which the directors
recommend the payment of a dividend of 21 per cent. for
the halt year, leaving a balante of £l2B.

COCK ERMOUTR, KESWICK, AND PENRITH.
The directors of this company had made arrangements for
opening the line on the Ist of August, but the Government
inspector required heavier " chairs" to be laid at the ends
of the rails than those used. The inspector was commu-
nicated with, and a reply has been received, stating that
although he will insist on heavier chairs being substituted,
yet, if all else is satisfactory, he will be willing to sanction
the opening of the line for passenger traffio.ilt appears the
directors have ordered the heavier chairs, and will substi-
tute them gradually. so that the opening of the line will not,
it is expected, be delayed beyond the middle of August.
ATLANTIC AND GREAT WESTERN.

The traffic receipts on this company's line, 322 miles open,
amounted for the month of June to 73,654 dols for passen-
gers and mails, and 210,867 dols. for freight—total, 314,521
duls., being at the rate of 245 dols. per mile per week. The
total teceipts from the Ist of January to the end of Juno
on the 322 miles amounted to 1,389,539 dols.