The Sun.
London, England, 1865-07-28 00:00:00

BEIOTOLENCES.

On the recommendation of the Coal, Corn, and Finance
Committee (Mr. Lawley chairman), a grant of £25 was
made to the Bell-alley Ragged Schools, and £5O to tho
Lambeth Ragged Schools.
The Court adjourned.

Railway and other Companies.

METROPOLITAN.

The report of the directors of this company states that
the receipts during the past half-year, after deducting all
expenses and interest chargeable against revenue, left a
net available balance of £71,612, out bf which the directors
recommended that a dividend be paid upon the preference
stock at the rate of 5 poi cent. per annum, and upon the
ordinary stock and new ordinary shares at the rate of 7 per
cent. per annum, leaving a balance of £3,401. The net re-
ceipts for the half-year were charged with the payment of
dividends upon £202,500 of the new ordinary share capital,
a large portion of which was not yet earning revenue.
During the current half-year the traffic over the railway
would be augmented by an interchange of traffic with the
London, Chatham, and Dover Railway, and the traffic to
and from Finsbury. The directors had entered into con-
tracts for the completion of the works upon the Eastern
and Western Extension lines. The Metropolitan District
Railway Company having notified that they had made ar-
rangements to proceed immediately with the works for the
completion of the whole of their undertaking, it would be-
come the duty of the Metropolitan Company to take the
necessary measures to insure the completion of the Eastern
Extension in order to meet the district line at Tower-hill.
The early completion of the entire inner circle of railways
might be expected, together with the valuable feeding line
to St. John's-wood and Hampstead.

The report of Mr. J. Fowler, the engineer, states that the
works of the Finsbury Extension and also of the connect-
ing line with the London, Chatham, and Dover Railway
Company at West-street were now very far advanced, and
both, he thought, might be opened for traffic in September.
The contract for widening the line between King's Cross and
Farringdou-otreet had boon lot to Mr. Kell; who was pro-
ceeding with the works. The contracts for the eastern and
western sections had been let during the past half-year to
Messrs. Peto, Betts, Kelk, and Waring, on satisfactory
terms. The property was being purchased with great
rapidity, and part of the large sewer works on the western
extension was being constructed. The report of Mr. Fen-
ton, the general manager, states that the number of pas-
sengers 'conveyed over the line for the past half-year was
7,462,823, and the receipts were £69,072, against 5,207,335
passengers conveyed in the same half of 1864, the receipts
being £54,740. The number of passengers conveyed on the
line in hall-year ending June 30, 1863, was 4,828,437, and
the receipts £53,058. The increase over the corresponding
half of 1864 was £2,255,488 in passengers and £14,332 in
the receipts. The largest number of passengers conveyed
in one week since the opening of the railway was in Whit-
week last, the total being 370,843, and the largest number
in one day was 83,440 on the Monday of that week. The
capital account showed that £2,800,184 had been expended,
leaving a balance of £52,020.