The Sun.
London, England, 1858-01-15 00:00:00

GAWLER AND KAPUNDA.

It appears that the South Australian House of
Amenably has authorised a loan of 180,0001. for the
construction of a line between Gawler Town and
Kapunda.

MANCHESTER, SHEFFIELD, AND
LINCOLNSHIRE.
The directors of this company have just issued
their report. It states that the accounts of the half-
year show a total revenue of 310,719/. from all
sources, a total expenditure of 154,2331., and a ba-
lance of net profit of 156,4851., which, with the
balance of 1,0461. from the previous half-year, gives
a total sum of 157,531/. available for interest and
dividend. The debenture and other interest charges
against the half-year amount to 65,6751., the canal
annuities to 13,7341., the dividend on debenture
stock to 3501., the dividend on the 61. preference
shares to 23,6861., the dividend on the 31 per cent.
preference stock to 5,959/., and the dividend on the
6 per cent. preference stock to 26,1601., making a
total charge against the above net balance of
157,5311. of 135,5641., leaving 21,9071. available
for dividend on the ordinary stock of the company.
The directors recommend the proprietors to pay,
after providing for the whole preference dividends
and charges, a dividend of 108. per 100/. on the or-
dinary stock of the company, or at the rate of 1/. per
cent per annum ; and to carry forward a balance of
2,4651. The debenture debt of the company falling
due on the Ist Jan., 1858, has boen paid off or re-
newed under circumstances, upon favourable terms,
though the directors have been compelled to renew
loans falling due at 3i or 4 per cent., at rates of 4i
and 5 per cent. The company's traffic receipts show
an increase for the half year of 22,148/. The local
receipts of the company for passenger traffic have
been 69,9001., as against 64,844/. in the correspond-
ing half year of 1856. The receipts for foreign pas-
senger traffic have been 26,2391. as against 16,040/.
in the corresponding half-year of 1856, 115,sowing a
total increase in the passenger traffic of 345/.
The increase on the goods traffic has been 4,8101., I,
and upon the mineral traffic 1,0201. The working
expenses of the railway show a net increase of I
13,8961. The maintenance and renewal of working
stock cost 28, 342/., against 22,18 G/. in eorrespondir
half of 1856. During the half-year the contractor f(..r
the permanent way has taken up the whole ocitßtlette.
stone blocks on the line, and completed the fishing
of the permanent way bet weer Me:xiticcel ell: soil
three
ford, on both lines, theex
miles of single line.Bo2l.
aTgare
inst
01,),
oi7ses of the canals
,Tchfe capital l ‘ account'lL, showingexhibexhibits
ana
amounted to 22,
increase increase
and works sanctioned. Itlrthlieclida2tse,Belf6Leislafostr
fare i
half-
yearly meeting, and 5,9431. for new works or dered
ditiri,niigrtlAock e half-year., The works in progress are the
graving
at Ciriu*by, which is expected to be
completed by Feb. 1, upon which 25,1121. has been
expended ; a new hoist, at Manchester, estimate
to
cost about 3,8501. ; extension of sidings at Ard-
%viol:, estimated cost 2,0001. ; which are expected
to be completed by the end of February. A new
warehouse has just Leen completed at Ardwick,
at a cost of 1,0001. Thu litter works in pro-
gress have been rendered necessary in corisequeL C 3
of the obstruction offered to this company's
working by the London and North-We stern
Comp any. Tiro short branch to H 3 de is in
course of completion, and is estimated to cost ab
6,5001. The curve at Lincoln, to connect the Mid-
Lind and Great Northern lines, is also in progress,