The Sun.
London, England, 1865-09-11 00:00:00

RAILWAY INTELLIGENCE.

SCOTTISH SOUTH-EASTERN.
The report of the directors states that the receipts
on revenue account amounted, for the six months
ending the 31st July last, to £142,430, including
£80,580 for goods, minerals, &c. The expenditure
amounted to £62,697, leaving a balance of £79,733,
of which £47,411, or 59.5 per cent., was divisible
among the Aberdeen portion; £20,332, or 25.5 per
cent., among 'the Scottish :Midland ; and £11,960, or
15 per cent., among the Dundee and Arbroath por-
tion of the undertaking. The available balance on
Aberdeen account, including, £1,095 from the pre-
ceding half-year, amounted to £25,962, out of which
was deducted the dividends on the preference stocks,
and £8,819 for dividend on the ordinary stock, at
the rate of 2 per cent. per annum, leaving a ba-
lance of £1,199. The available balance on the
Scottish Midland account, including £704 from the
preceding half-year, amounted to £17,283, out of
which it was recommended that a dividend be paid
on the 30th inst. at the rate of 5i per cent. per an-
num on the ordinary shares, leaving a balance of
£783. The available balance on Dundee and Ar-
broath account, including £1,447 at credit of re-
serve account, amounted to £11,295, out of which
was deducted £9,918 for 5 per cent. dividend on
preference stock, and 81 per cent. per annum on
the original stock, leaving at credit of reserve fund
£1,378, all payable on the 30th inst. The gross ex-
penses of the amalgamated company were 44.02 per
cent. as compared with 45.64 per cent. in 1864. The
permanent way and works were being kept up in a
full state of efficiency. The average rate of interest
on the company's debenture debt was £4 Is. 3d.
per cent. Contracts had been entered into for the
construction of theDenburnValley Railway at Aber-
deen, and the works were being vigorously pushed
forward. The capital account to the 31st of July
showed that £2,602,646 had been received on shares
and stock, and £820,128 on debentures and deben-
ture
stock ; together, £3,422,774. The expendi-
ture on Aberdeen account amounted to £2,087,995,
on Scottish Midland account to £753,353, on
Dundee and Arbroath account to £348,319, and
on joint account to £203,396 ; total, £3,393,063,
leaving a balance of £29,711.

MONMOUTHSHIRE.
The report of the dir
ecto rs states that the 'canal
tolls amounted to £5lO.
the half-year
e The revenue account for
had been receivendidng
June 30 shbwed that £71,068
a Mal ooi I itN‘tni tnt
egc I a6t
n 9
570 in the cone-
spondinghalf of 1864
Increaseof £1,498,
and the expenditure a
cent., against £32,474, or 47 pero £35,521, or 50 per
cent., the same
half of 1864, showing an inereaseof3
net earnings in the past half-year anl,oolu7"nt The
£35,546, against £37,095 in the
of last year, showing a decrease of £1,510. The
amount of £l,OOO had been transferred from revenue

to the reserve fund. The balance of general revenue
account amounted to £19,706, out of which the di-
rectors recommended a dividend, less income-tax, at

the rate of 6 per cent. per annum on the ordinary
shares for the past half-year, leaving a balance of
£294. The bill for completing a line of railway be-
tween Pontypool-rcad station and Newport, by
which the narrow-gauge traffic of the Great Western
Railway Company might be diverted from the
Monmouthshire Company's Eastern Valley line, which
was its legitimate channel, was unsuccessfully op-
posed by this c3mpanyin bothHousesof Parliament.