The Sun.
London, England, 1862-02-17 00:00:00

NORTH LONDON.

The report of the directors states that the gross
receipts for the half-year erding the 31st of Decem-
ber last amounted to £86,964, and the expenditure
to £49,933, leaving a balance of £37,031. To this
was added the balance of £472 from the previous
half-year, making £37,503. The interest on the
debenture debt, amounting to £B,lOB being de-
ducted, the sum of £29,395 remained available for
dividend, which the directors recommend should be
at the rate of 51 per cent. per annum, leaving £524
for the current half•year. The increase in the re-
ceipts for passengers amounted to £660; for goods,
to £1,637 ; and for coals £l4B, together £2,445, as
compared with the corresponding half of 1860.
The directors, with a view of avoiding litigation,
have entered into an amicable arrangement with
the London and North-Western Company, under
which the proportion of the expenses arising out
of the lamentable accident on the Hampstead
Junction Railway on the 2d of September last to
be borne by the North London Company is fixed
at one-third of the whole amount. The London
and North Western Company have accepted the
proportion of the new preference share capital for
the City Branch to which they are entitled as pro-
prietors of North London Stock. The works on the
new branch are to be commenced as soon as possible.
The capital account shows that £1,445,106 had been
expended, leaving a balance of £13,838.

NORTH STAFFORDSHIRE.
The report of the directors states that the tota

receipts on the railway amount for the year 1861,
to £309,514, and for 1860 to £320,048; showing a
decrease of X 11,434. The receipts on the canal for
1861 amount to £110,835, and for 1860 to £137,582
showing a decrease of £26,747, making the total
decrease on the railway and canal for the past year
£38,181. Notwithstanding all causes of depression,
the profits admit of a return to the proprietors at
the rate of 3 per cent, per annum on their capital,
and leave a balance of £l,BlO. The traffic committee,
after a careful investigation, could not recommend
any course by which the expenses of working could
be materially reduced. The renewals of the perma-
nent way were in active progress, and it would be
requisite to call up forthwith the remaining amount
due upon the shares, the first instalment of £1 per
share on the Ist of May, and the remaining sum of
£1 Gs. 4d. per share on the Ist of Jan., 1863. The
capital account showed that £4,235,195 had been
expended on the railway, and £1,170,000 on the
canal, together £5,405,195. The revenue for the
half-year on the railway amounted to £157,429, and
on the canal to £54,379 ; total £211,808. The
working and other expenses of the railway
amounted to £81,089, and of the canal to £24,642 ;
together £105,731, leaving a balance of £106,077.

MARYPORT AND CARLISLE.
The report of the directors states that the re-
ceipts for the half-year ending the 31st of Decem-
ber amount to £31,157, against £32,910, showing a
decrease of £1,753, as compared with the corres-
ponding half-year of 1860. The expenditure for
the past half-year amounted to £12,059, against
£11,837, showing an increase of £222. The engi-
neer reports a continued improvement in the condi-
tion of the rolling stcek and line generally. The
falling off in the gross receipts, as compared with
the corresponding period of 1860, is occasioned by
the diminution in the coal and coke traffic—princi-
pally the latter—arising from the depressed state