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

THE CRYSTAL PALACE COR:PANY.

The report of the directors states that the rct'ult of the
year's working shows a balance in favour of re venue of
£12,674; and, after payment of all preference charges and
interest, there remains at the credit of the general .'evenuo
account the sum of £20,218 available for division amo ug the,
proprietors of ordinary capital. Out of this sum the t lit ec-
tars recommend the payment of a dividend of 2 per :ent
(2s. per share), which will leave a balance of £164 to' 1)3
carried forward. The Dulwich-wood property now ate ads
in a much more satisfactory position than it has hitht trto
done. The annual charge has been reduced from £3,k100
to £7ll, and will cen'inue to be further reduced anti iinabt, 7
extinguished, as gro.ind is said or let and houscsave erected,.
The directors fed satisfied that the sum with which this
estate now stands debited in the general balance-sheet i.l
below its real value. Credit is taken in the general revenue-•
account for the balance of cash recoivea from the South Lon-
don Railway Comp my for the land occupied by their high
level lino and station, after deducting the sum of £lO,OOO
paid to the Dulwich Calcge for the leasehold interest of
this company therein. In r: _poet of this payment, an allow-
ance of £3OO per annum has been made by the College
from the ground rents. The saving shown on the expendi-
ture side of the accounts is a feature which cannot fail to
Le 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 generall,v
affected both the trade and the amusements of the metropo-
lis. 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—a branch of income
which, as it is mainly derivable from residents in the
neighbourhood of the
palace, may be looked on as per-
manent, and may be expected to grow with the growth of
this rapidly-increasing district. The directors look forward
w,th confidence to an improvement in the general traffic, as
the additional railway accommodation new rapidly in course
for traffic,
of completion is gradually supplied. The works on the
South London Railway are being prosecuted with the,
greatest vigour. Considerable progress has been already
8 on the line,
are directors. are
made in the preparations for the high level station in front
of the Palace, while the tunnels at Sydenham-hill and
as promised,
aFroer
beinge st-1 ai 11,
energeticallywith
pushedof the
forward,heaviest
on or before the Ist of 3133, 1865, and thus
assured that the line will be opened
tion will be made with the a northern eon-
nec Metr •
opehtan line into the'
heart of London. Of great importance
the arrangement lately effected bet to this company is
wo
and the Chatham and Dover Railways,
and the stations at Charing-.
witYs, providing a connec-
the South-Eastern
tion between the high levellin
exoss, Cannon-street, Greenwich,
and Woolwich, and thus:, l
giving the Crystal Palace direct access to these most vain-
able points. If, as is also
Proposed, a connection be effected
between the Southern and Eastern lines, by crossing the
Thames below London-bridge, the directors will have great
reason to congratulate
of the railway access their shareholders on the completion
general exp to the Palace. The economy in the
out in the least emiitUre of the company has been effected with-
building, Theimpairing Property of the company, both within anti
without the building, is maintained in the best condition.
The t artmen
receipts . sof the exhibitors' dept continuo to show'
a Satlsf a c t o r Y advance upon those even of the preceding
ed, and
year.e"r.This department has been lately re-arrang
thereby materially improved. Great care has been taken
t
o secure generally the most desirable class of tenants, with
the View to maintain as much as possible the present favour-
able position and working of this important portion of
the Palace. The tercentenary of the birth of Shakes-
peare, which occurs next year, is an event which ci;nnet
fail to influence the proceedings of the Crystal Palace in the
ensuing season. The revenue account for the Iy434tad
hs!.
ending the 31st of October last shows that £lO7,
been received, including £12,285 for season tickets, £58,699
for admissions, £15,436 for general exhibition department,
and £14,678 from refreshment contrset. The expenditure
amounted to £64,760, including £6,482 for maintenance and
repairs of building, £6,029 for same of gardens and grounds,
£2,925 engines and waterworks, and £7,726 maintenance
and repairs of various departments, with alterations and
additions to same, leaving a balance of £42,674 ; 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 com-
pany, making £51,602. From this is deducted £31,281 for
preference charges and interest on debentures, leavinei
balance of £20,218. The capital account shows thata
£1,443,710 had been expended.

1 WEIGHTS AND MEASURES.--The Briti6h Associa.
lion, at the Newcastle meeting, appointed a Com-
..
mittee to prept.re a report " On the Best Means of Providing
for a Uniformity of Weights and Measures with reference
ftoolltohweinlngtmereemstboefrSs,ciNevnitche,p"owtheer committee
itteteo ttohceoirnsnisutmobferth—e
namely, Professor Rankine, Sir W. Armstrong, Lord
Wrottesley, Sir John Herschel, the Astronomer Royal
General Sabine, Dr. Lee, the Rev. D. Robinson, Mr. W.
Tire, M.P., Colonel Sykes, 1N1,P., Sir Julia Hay, M.P., the
Right Hon. C. B. Adderley, M.P., Mr. W. wart, M.P.,
Mr. Jatmuit_ds
Mr. F.
Miller, and
PITMEN'S STRIKE IN THE NORTIL-9
°P°ll,l,rd
yParso fsces:ertar; . Williamson,
Tuesday 45 of the families of the miners onA strikeuekland
at Messrs. Straker and Love's collieries,
district, in the county of Durham, were
ejected
conducted
cottages at Okenshaw. The proceeding:
s"ettlerneut with
in an orderly manner. The chance
of
tahn;firm has declared
the Union men is as remote as ever,.asn
men. Brancepeth,
in
the
their
their intention not to employ
Union
collieries are at
Okenshaw, -Willington A. i r
ids.hopcd lay the employers,
),,,,v,oilrlks,oaonndc(lnuViratlienngcteownol:kp.lt t:i.