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 to
tors of the Edinburgh and Glasgow Railway to be readers
the fifty-fourth half-yearly general meeting of
on Tuesday first :
In laying before the proprietors the balance-sheet for the
half-year ending January 31, 1865, the directors are able
to point out a considerable increase over the receipts °f teijee
corresponding half of 1863-4. From the fact of the trail's
of the North British and Edinburgh and Glasgow
treated as a whole, and the gross receipts being divided.lao
fixed proportions, the usual comparative statement of Os
actual traffic conveyed for the corresponding half-Yehnt
ending 31st January 1864 and 1865 cannot be given ; 11
revenue received in each of these half-years is as folloWS •
PASSENGERS-
-1864 £104,093 11 6 shareholders

1865
Decrease £73o 17 9
GOODS AND MINERALs-
-1864 £104,535 1 6
1865 120,859 10 5
Increase
Total increase
The increase on goods traffic is satisfactory ; and itnial
be remembered that the passenger fares between vAin
burgh and Glasgow have been reduced about 25 Per cela,-
for this half-year below those charged in the former 012"
which will account for the want of the usual inereaSe
this branch of revenue.
The working expenses are £90,398 Bs. 4d., as Bgld2i, s 3
£83,405 11s. 3d last year ; the percentage on receipts
bher
404 per cent. instead of 40 per cent., are somewhat hig7.l
than those then incurred. The maintenance and renew::
of way continues to be a heavy charge. The whole sll7l
expended on maintenance has been met from revenue ; As,
improvement and strengthening of a portion of the 1181811,..
burgh line has been charged to capital. The resident
gineer's report shows that a large amount of work has beieo,
done. The locomotives and rolling stocks have been Dia
tained and improved, and are in good order.
After providing for interest, taxes, and wed ;le;
the net balance of revenue is £30,721 3s. 511" f 1 e;
the directors recommend payment of til,e,-;631
ferential 5 per cent. dividends, amounting to
Os. Bd., a dividend at the same rate on the ert 0,
stock, equal to £60,565 7s. 6d., and that the b,'"-t
e
£2,524 15s. 3d., be carried to the rest, which 111.1" -lie
amount to £5,619 9s. 11d. . nded
On capital amount, £18,090 4s. 2d. has been
at
principally on completion of the workmen's lic4i'qls,tll
Cowlairs, and the new goods station at Sighthill. '-are
these works were absolutely necessary, and le{ ea'
answering their purposes well. On plant, the e"-- alo.
penditure has been on an increase of the inereWtio
waggons. Parliamentary expenses are more 11°1, iiat
could be wished. £18,512 16s. 9d. has been paid °n 3G
of the Queensferry branch, the works on wMel' e
progress, the whole now being contracted for at ss
tory prices. fit
In compliance with the terms of your agreenae- dto
the North British Company, a bill has been introduo
Parliament to authorise and carry out its working 0131 *
visions ; and another to authorise the construcitigo s.l
bridge over the Forth by the combined companies,
providing for the agreement. on
40
Of
A bill is also in progress to effect the amalgataa'',
the Monkland railways with your company on the "
approved
directors have also thought it expedient t 0 lines
three new branches, the first to connect theMonkland 'tbo
at Coatbridge with the station you have acquirad „iy
Union Company at Glasgow College ; the second to sil
ding
otescaccommodation wanted for the mineral field
along the south side of your Wilsontown and 13'.fi%111,a1. to
10
lines ; and the third, and extension of the Wilsuut°;,sito-
westwards, through the Wishaw and towards the •L''',3oo
hagow coalfields. All these, if carried out, Will be"..A- fao
useful to the public, and will add materially to the "

on your line. fr
Several schemes promoted by other companiestho
quire to be opposed, among these may be naentiorteu tot
absorption of the Scottish Central by the Caledonian'4o-
a line parallel to and within a mile or two of the W
town Railway, proposed by the Caledonian ; also $4; a
called the Glasgow and North-Western, and another %ore
the Glasgow City and Suburban, promoted by nelg c
•

panies. tofi'
Other bills will require attention to see that no is
sions or powers injurious to your company are ins° -sod
them ; and your directors, while avoiding all unneewe ioll3
expense, will use every exertion to prevent anY I°3
interference with your property.