The Sun.
London, England, 1865-08-23 00:00:00

LONDON GENERAL OMNIBUS (LIMITED).

The report of the directors states that the reserve
funds amount to £44,296. Of this sum £31,157
was invested in the purchase of £35,280 of Consols,
and the balance formed part of the general cash ac-
count of the company. It was not anticipated that
the prices of grain or straw would be unfavourable
to the company's interests during the coming winter.
The number of passengers carried during the half-
year was 21,364,957; the number of miles run was
6,029,801; the average number of omnibuses
working daily was 592, and the number of horses
6,364. The average receipts per mile run by the
omnibuses was is. ; and the average fare per pas-
senger 3/d. The average gross earnings per omnibus
per day amounted to £2 16s. sid. The capital ac-
count having been closed, every item of expenditure
was charged, as it arose, against revenue account.
A new item had consequently been introduced
into the account under the head of " Improve-
ment of capital stock." The charges this half-
yearpfieenl
ddsea,
dmwiorntamitlit:_eeodrpttinol 2,0494 of Which £1,380 was ex-
cahnads e
theof leaseeree t oo fn
thereonand i in Lo
fo Lock's-
fields, sw-
stables, and in some minor works on other premises ;
and the further sum of £669 in the purcbase of the
goodwill of additional business on the Victoria sta-
tion, Kilburn and Paddington-road, and the old
Ford-road, which had from the date of purchase
yielded an excellent return for the money invested.
The number of horses belonging to the company on
the 30th of June was 6,790. With regard to the
mileage duties, the directors thought there was every
reason to believe that the time was not far distant
when the claims of the omnibus proprietors would
receive favourable consideration at the hands of

DAGENHAM (THAMES) DOCK.
The directors' report states that the shares already
taken up combined with the borrowing powers being
sufficient to enable the works to be carried on
with vigour it was not considered advisable to issue
more shares at present. Messrs. Rigby, the con-
tractors, were pushing on the works as fast as pos-
sible, and it was confidently expected that the
Dagenham docks would be completed within the
time specified in the contract. It was now intended
to advance the entrance to the docks further than
was originally designed, so as to obtain a greater
depth of water on the sill of the entrance gates, and
admit of vessels of considerable draught entering
the docks at low water. To colliers and coasters
requiring quick despatch this would be a great con-
venience, and could not failto bring a large portion of
that class of shipping to the docks, while for vessels
of the largest draught no other dock in the Thames
would have greater advantages as to depth of water,
facility of entrance, berthing, &c. A landing-wharf
was now in course of construction, and within
three months would be completed, in direct connec-
tion with the London and Tilbury Railway, by
which goods might be landed and distributed to
all parts of the kingdom. The directors were in-
duced to incur the expense of this wharf by the
promise of a certain important trade which it was
estimated would yield a remunerative return. As
a landing-place for cattle this wharf would be most
convenient. On their arrival they might be in-
spected and refreshed in the excellent adjoining
grazing grounds, and be forwarded by rail direct
to market as required. The directors expressed
their increased confidence in the success of the
undertaking.