The Sun.
London, England, 1863-12-10 00:00:00

THE CRYSTAL PALACE COMPANY,

--- 4-- --
The report of the directors states that the result of the
yci2ar,6's74w;oraknidi7afstheorwrsayambeneltanofcealiln favour of revenue ce
x
revenue
interest, there remains at the credit porfefthereengeeenY?
account the sum of £20,218 available for division among the
proprietors of ordinary capital. Out of this semi the direc-
tors recommend the payment of a dividend of 2 per cent,
(2s. per share), which will leave a balance of £164 to bee
carried forward. The Dulwich-wood property now stands
in a much more satisfactory position than it has Vritherto
done. The annual charge has been reduced from ;£3,000
to £7ll, and will con'inue to be further reduced and ti; :ally
extinguished, as ground is sold or let and houses are erected.
The directors feel satisfied that the sum with which ;this
estate now stands debited in the general balance-shed t is
below its real value. Credit is taken in the general revel auo
account for the falance of cash received from the South Is )11-
den Railway Comp my for the land occupi?cl by their hi, rh
level line and station, after deducting the sum of £I0,0( )0
paid to the Dulwich Cellege er the leasehold interest t tf
this company therein_. In respect of this payment, an allow' -
ance of £3OO per annum has been made by the College
from the ground rents. Tho saving shown on the expendi-
ture side of the accounts is a feature which cannot fail to
be regarded as satisfactory, The:diminution in the re-
ceipts arising from shilling visitors and the departments
dependent thereon is no doubt large, but this is in a great
degree to be explained by the natural reaction in the past
season, after the excitement and attractions:of the Exhibi-
tion year, a reaction which is well known to have generally
affected both the trade and the amusements of the metropo-.
lie. On the other hand, this diminution is to some extent
compensated for by the increase in the receipts directly and
indirectly attributable to season tickets--4 branch of income
which, as it is mainly derivable from residents in the
neighbourhood of the palace, may be looked on asp
of
-
manent, and may be expected to grow with the
groth
osaumth-hill and
this rapidly-increasing- district. The directors look forward
w,th confidence to an improvement in the general traffic, as
the additional railway accommodation now rapidly inthceonlirnsee
of completion is gradually supplied. The works CU the
South London Railway are being prosecuted with the
greatest vigour. Considerable progress has been already
made in the preparations for the high level station in front
of the Palace, while the ttirreainanpbeoz.„lrsttwaanetec:SYttodheetnhshi
aForesti-nhill, with
energetically others
Pushedof the
forward. heaviest works on
The directors '
aro
assured that the lino will be opened for traffic, as, r
on or before the let of Ala,, 1865, and thus a northpeorniniesoend:
nection will be made with the Metropolitan line into the
company is
givingaht
hneeda ratt
rhloetafhnLegoecnn Chathamrdi
arrangement
al
laa
tOpne
dflaylpgairoffeeveaedct
Dover
ca
it l
w a
.
yt,,, Providing a -Eastern
connec-
tion between the high levelliue and
cross, Cannon-street, Greenwich, d the stations •
at Charing-
and Woolwieth, and thus
access to these aelost vain-
of the railway access to the palace.astern
able points. If, as is also pro
Thames below London-bride* between the Southern
reason to congratulate and Eastern
a connection be effected
.oep ee rxthyi b i ge, the directors will have i;'..eat
general expenditure lines bee:cmroorassyiniEne toul:
their shareholders on the completion
without the
The receipts bouriltdrh
ture of the company
out in the least impairingbuilding, pany has been effected with,-
The
1:, the efficiency or stability of the
of the
deepeaormtnapaennyt,cbonotthinwuoithtoinshaonwci
mg, is maintained in the best condition.
a satisfactoryyear. Thisdepartment
upon those even of the preceding
thereb Inatereipalair;mimentrohads.beGenelattely re hase-arranbetrond,taankend
Y
to secure generally the
pmovst desirable classca of tenants, with
the view to maintain as much as possible the present favour-
able position and working of this important portinn of
the Palace, The tercentenary of the birth of Sltakes-
peare, which occurs next year, is an event which cannot
fail to influence the proceedings of the Crystal Palace in ihe
ensuing season. The revenue account for the 12 months
ending the 31st of October last shows that £107,431 had
been received, including £12,235 for season tickets, £58,699
for admissions, £15,436 for general exhibition d
expend:4llra
epartment,
and £14,673 from refreshment contract. The
amounted to £4760, including £6,432 for maintenance tend
repairs of building, £6,029 for same of gardens and grounds,
£2,225 engines and waterworks, and £7,726 maintenance
' and repairs of various departments, with alterations and.
I additions to same, leaving a balance of £12,674 ; to this is
added £2,937 from the preceding year, and £5,891 in respect
of leasehold interest in land taken by the new railway coin-
) £51,502. From this is deducted £31,281 for
, pany, making
preference charges and interest on debentures, leaving a
' balance of £20,218. The capital account flows that
£1,443,710 had been expended.
.„„,,,

AND MEASURES.—The British Anocia-
Newcastle meeting, appointed a, eflra...
tion, at the
report " On the Best Means of Providing
mittee to prepare a .
of Weights and Measures with reference
for a Uniformity
gt of Science," the committee to consist of the
to the Intere.
• members, with power to add to their number—
namely,WElGHTS . .
following
Professor Rankine, Sir W. Armstrong, Lord
Wrettesley, Sir John Herschel, the Astronomer Royal
General Sabine, Dr. Lee, the Rev. D. Robinson, Mr. W.
rite,M.P., Colonel Sykes, ,LP., Sir John Hay, M.P., the
I.li ::`
ht lion. C. B. Adderley, M.P., Mr. W. Eccart, M.P.,
Mr. James Heywood, Professor Williamson, Professor
Miller, and Mr. F. Purdy as secrcta-7.
THE PITMEN'S STRIIiE IN TfIE NoP.TII.—°II
Tuesday 45 of the families of the miners on strike
at Messrs. Straker and Love's collieries, in the Auckland
district, in the county of Durham, were ejected from their
cottages at °"lashuw. The proceedings were
meat with in an orderly manner. The chance of any
Brancepeth,
ilic Union teen is as remote as ever, as thefirs
their intention not to employ Union
men Collieries are at
Okenahaw, "Willington A pit, at .d Brandon,- _
dl, the employers,
.) work, and Willington B pit, it is bop"
will soon commence work, mettheas declared