The Sun.
London, England, 1862-08-01 00:00:00

RAILWAY INTELLIGENCE.

BELFAST AND NORTHERN COUNTIES.
The report of the directors states that the total
receipts for the past six months are £1,097 more
than for the corresponding period of last year, al-
though there has been a very considerable falling
off in the passenger traffic. The goods exhibit an
increase of £1,729, and in the postal service there
is an advance of £l7O in the amount received for
the carriage of mails. The total receipts for the six
months amounted to £50,012. The Carrickfergus
and Larne Railway is expected to be open for traffic
about the Ist of Sept. next ; and arrangements have
been entered into for the working of the line by this
company on advantageous terms. It is proposed to
put on a fast steamer between Larne and Stranraer,
and it is to be hoped when those facilities are given
that there will he an increase in the passenger
traffic over the line. The balance available for divi-
dend, after paying all charges against revenue,
amounts to £18,064, out of which the dividend on
the 4 per cent. preference shares will absorb
£3,200, and the directors recommend a dividend at
the rate of 41 per cent. per annum on the ordinary
shares, leaving £1,132 to be carried to the reserve
fund. The capital account shows that £1,059,485
has been expended, leaving a balance against the
account of £48,536. The balance in favour of the
reserve fund is £9,245. The revenue account for
the half-year ending June 30 showed that £49,912
had been received, and £21,446 had been expended,
leaving a balance of £28,466.

COCKERMOUTH AND WORKINGTON.
The half-yearly meeting of this company was held
at Cockermouth on Tuesday. Mr. Steel, M.P.,
presided.
An abstract of the accounts has already appeared.
The CHAIRMAN, in moving the adoption of the
report, said he was exceedingly glad to observe the
satisfactory position of the line, and to know that
its prospects were improving every day. (Hear.)
They would have traffic from the Cockermouth,
Keswick, and Penrith Railway, which was in the
course of formation. Negotiations were now going
on with the directors of that company as to the
junction with the Cockermouth line, and he hoped
the result would be satisfactory. By the item
£4,780, amount received upon. 239 original shares
of £2O each, they had been enabled to pay for the
restoration and repair of the bridges, and doubling
the line of railway. It had been a matter of discus-
sion among the directors whether jthey should pay
a dividend of 5 or 41 per cent. Of course, in the
latter case a larger balance would have been left
on hand, but considering all the circumstances, the
present condition of the railway, and the prospect
of increasing traffic, they had determined upon pay-
ing 10s. upon each original share, which would
leave a balance of £1,996,
The report was adopted, and a dividend of 10s.
per share was declared, payable on the 11th inst.
A vote of thanks to the chairman and directors
concluded the proceedings.
COLCHESTER AND STOUR VALLEY.
The half-yearly meeting of this company was
held on Wednesday at Colchester. The report
stated that the expenditere on capital account
amounted to X 286,676, leaving a balance of £136.
A dividend of £1 14s. per cent. for the half-year
was declared, leaving a balance of £34.