The Sun.
London, England, 1867-08-06 00:00:00

ISLE OF WIGHT.

The half-yearly general meeting of this companY
was held yesterday at the offices, Great George'
street, Westminster—Mr. Simpson in the chair.
The report stated that the receipts for the last half
year from all sources had been £6,952, as against
£4,331, showing an increase in the receipts since the
opening of the last four miles and the completion of
the line to Ventnor of more than 62 per cent. over
the corresponding half-year of 1866. As the
most important part of the summer traffic was
not included in the half-year to the 30th of June,
it was expected that the total receipts of the year
would show an increase of 70 per cent. The work-
ing expenses amounted to £3,670, and the net profit
of £2,767 had been appropriated in meeting press-
ing liabilities on capital account.
The CHAIRMAN having moved the adoption of the
report a discussion ensued, in the course of which
it was stated that the original capital of the com-
pany was £252,090, and that under the companY's
new act of Parliament powers were taken to raise
additional capital to the amount of £50,000, Which
would be ample to pay all the creditors of the com-
pany, and leave a sufficient surplus to carry on the
necessary works.
Mr. BEATTIE seconded the motion, which was
carried.
'I he meeting was made special, and the directors
were empowered to issue new capital authorised by
the company's act of the present session, and to
issue debenture stock in lieu of debentures, and the
proceedings terminated.

GREAT SOUTIIERN AND WESTERN.
The report of the directors states that the total
traffic receipts for the half-y car ending June 30 last
amounted to £249,236, and for the same half 0f

1866 to £221,988, showing an increase of £27,248.
The net surplus revenue for the half-year amounted
to £108,442, out of which the directors recom-
mended that a dividend at the rate of 5 per cent.
per annum be paid to the proprietors of the conso-
lidated stock of the company, which would leave a
balance of £5,743 for the next half-year. If the
receipts of the Cork, Youghal, and Queenstown line
be deducted from the returns, it would be found
that the actual gain on the Great Southern and
Western Railway for the past half-year amounted
in round numbers to £13,700. When the disturbed
state of the country arising from the Fenian out-
break was taken into consideration, the increased
traffic arising from goods and cattle must be con-
sidered exceedingly satisfactory, affording, as it did,
convincing proof of steady and progressive improve-
ment in the main elements of prosperity in the
country, not easily affected by exceptional circum-
stances. The decrease in passenger traffic was
such as might naturally have been expected.
The increased traffic in goods and cattle for the
last two years had necessitated a large outlay °1:1,
rolling stock, and additional accommodation "
Kingsbridge, Inchicore, and other stations.
The capital account showed that £6,094,350 had
been expended, leaving a balance against the ae:
count of £4,501. The revenue account showed that
£250,569 had been received, and £118,849
pended on working, &c., and £38,428 for intermit
on loans and preference shares, leaving with £151150
.
from last half-year an available surplus of £108,444

BELFAST AND NORTHERN COUNTIES.
states
The report of the directors of this company
that the total receipts for the past six months
amounted to £58,542 ; for the corresponding
months of 1866 to .£51,043 ; for the same mo
of 1865 to £48,647 ; and for the same period of
1864 to £43,619. They had paid for renewals
£6,831, £4,756, £4,172, and £2,946 respectively'
the dividends being at the rate of 5 per cent., 4 P'
cent., 31 per cent., and 3 per cent. per annum. I):
total amount from all sources in excess of the bah"
year ending the 30th of June, 1866, was £7,493;
The working expenses were necessarily higher, 0"
only from the advance in wages and increased Price
of coal and other materials, but from the larger nun',
ber of extra miles run, and the severity of the
weather during the earlier portion of the year, e°
tailing a considerable expenditure for engine-pnw.er'
labour, and materials, keeping the line open dorlet
the snow storms in January and the subsequ.e°
rains in February. The permanent way and rollat
stock had been maintained in good and effiel°,
order. The balance of revenue account, after 010
ing all charges, was £21,175. The dividend di,
preference shares would absorb £5,176, and on °r to
nary shares £13,947, leaving a balance of £2,052
rit
the credit of the next half-year. The capital aoc°tl
showed that £1,149,100 had been expended, leavri,ll3:o
a balance against the company of £98,604. nth
revenue account for the half-year ending the 3to
of June showed that £58,541 had been received, 35'63
£33,620 expended on working and renewals, i7'.
for interest on loans and £l3B for rent of stati:J.,
leaving, with £3,944 from the rreceding half-Yea
£21,175 available for dividends.

ATLANTIC AND GREAT WESTERN. , for
The traffic receipts on this company's l'ne-
the second week in July amounted to V 5,0, :536,
for the corresponding week last year to sl°l,'
showing a decrease of $5,988.

LONDON TAVERN (LIMITED)•
The directors of this company, in declaring a..
ad interim dividend at the rate of 6 per cent. Pes"
annum for the half-year ending the 50th of Jun.,
last, informed the shareholders that they deetned
prudent to limit the dividend warrants just issue,
to that amount until the expiration of the resell
year, assuring them that the respective profits of
the London Tavern and the Albion during the Pao
six months had been equal to those of any Previ°,4o
corresponding peri&d. They thought it desila'to
to retain in hand a large portion of those profit° a
meet the depreciation of goodwill, &c., at the e°
of the year.