The Sun.
London, England, 1865-03-13 00:00:00

RAILWAY INTELLIGENCE.

EDINBURGH AND GLASGOW.
The following is an abstract of the report by the direc-
tors of the Edinburgh and Glasgow Railway to be rod t.O
the fifty-fourth hall-yearly general meeting of shareholdeia
on Tuesday first :
In laying before the proprietors the balance-sheet for the
half-year ending January 31, 1865, the directors are sbl:
to point out a considerable increase over the receipts of the
corresponding half of 1863-4. From the fact of the tr'ffis
of the North British and Edinburgh and Glasgow 1111
treated as a whole, and the gross receipts being vdi idefi
fixed proportions, the usual comparative statement of thes
actual traffic conveyed for the corresponding Wilt
ending 31st January 1864 and 1865 cannot be given'
revenue received in each of these half-years is as follows :*"

PASSENGERS-
-1864 £104,093 11 6
1865

Decrease
GOODS LiND 3SIDUERALS-
-1864 £104,535 1 6

.7 9

1865
Increase
Total increase
The increase on goods traffic is satisfactory; and it 131.4
be remembered that the passenger fares between Vlu,
burgh and Glasgow have been reduced about 25 Per cell,
for this half-year below those charged in the former 00
which will account for the want of the usual increaso °

this branch of revenue.
The working expenses are £90,398 Bs. 4d., as agstllte
£83,405 11s. 3d last year; the percentage on receipts be",.
40t per cent. instead of 40 per cent., are somewhat big s 1
than those then incurred. The maintenance and renewof way continues to be a heavy charge. The whole su;
expended on maintenance has been met from revenue'
g.
improvement and strengthening of a portion of the /lei°,
burgh line has been charged to capital. The resident °-;
gineer's report shows that a large amount of work has hee
done. The locomotives and rolling stocks have beelliil
tained and improved, and are in good order.
After providing for interest, taxes, and fixed cigar:
the net balance of revenue is £30,721 3s. sd" ft°
which the directors recommend payment of th pre
ferential 5 per cent. dividends, amounting to
Os. Bd., a dividend at the same rate on the ordinww
stock, equal to £60,565 7s. 6d., and that the 199'13r
£2,524 15s. 3d., be carried to te rest, which Will
amount to £5,619 9s. 11d.
„eneed
On capital amount, £18,090 4s. 2d. has been g At
principally on completion of the workmen's 11°11-oth
Cowlairs, and the new goods station at Sighthill•
these works were absolutely necessary, and
chief er
answering their purposes well. On plant, thedice
pendituro has been on an increase of the merch°l4,,a
waggons. Parliamentary expenses are more bealle- cunt
could be wished. £18,512 16s. 9d. has been paid ell,g,t-r0 yr
of the Queensferry branch, the works on whiel`
progress, the whole now being contracted for a 031"-3
tory prices. t withln compliance with the terms of your agreelnell-,,a to
the North British Company, a bill has been introcill''
Parliament to authorise and carry out its working Pi a
visions ; and another to authorise the construction °as
bridge over the Forth by the combined companies' so
providing for the agreement.
tion of
A bill is also in progress to effect the amalganla te
the Monkland railways with your company en the
approved by you. „ os°
Your directors have also thought it expedient to Prilees
three new branches, the first to connect theDionklo',,,tho
at Coatbridge with the station you have acquired fl 9-„
1p
Union Company at Glasgow College ; the second W gag
accommodation wanted for the mineral field o%to:ll,a.ste
along the south side of your Wilsontown and 1331ii10
lines ; and the third, and extension of the Virilsontoweol„
westwards, through the Wishaw and towards the
hagow coalfields. All these, if carried out, will hetraill°
useful to the public, and will add materially to the
on your line. re'
Several schemes promoted by other companies " A 60
quire to be opposed, among these may be mentione- ocl
absorption of the Scottish Central by the Caledonia%;s
a line parallel to and within a mile or two of the lino
town Railway, proposed by the Caledonian ; 0.180
called the Glasgow and North-Western, and another - -
the Glasgow City and Suburban, promoted by new
panics:
Other bills will require attention to see that no 1,-r
°a
sions or powers injurious to your company are insel-ai
them. ; and your directors, while avoiding all unnee.e:ooos
expense, will use every exertion to prevent any
iul
interference with your property.