The Sun.
London, England, 1858-09-14 00:00:00

MANCHESTER, _
_SHEFFIELD, AND LIN-

COLNSHIRE.

The total expenses of this company's railways
(including rents, toll, duty, &c.), from July 1 to
September 5, 1858, amounted to £48,488, as against
£49,614 for the corresponding period of 1857. The
proportion of the South Junction receipts accru-
ing to this company from July 1 to September
5 amounted to £3,967, as against £6,803 for the
corresponding period of 1857 ; and the expenses
amounted to £2,602, as against £2,676 for the cor-
responding period of 1857. The total receipts
(including rents, &c.) of this company's canals, from
July Ito Aug. 31, 1858, amounted to £9,783, as
against £11,413 for the corresponding period of
1857 ; and the expenses (including rates, &c.)
amounted to £6,688, as against £6,463 for the cor-
responding period of 1857.

MIDLAND GREAT WESTERN OF IRELAND.
The directors of this company state in their re-
port that the receipts on the line from Dublin to
Athlone and the Longford and Cavan branches
amounted for passengers and mails to £39,931, and
for goods, cattle, &c., to £33,999, total £73,930, for
the past half-year, against £73,226 at the corre-
sponding period of 1857, showing an increase of
1704. The total income from the railway and canal
amounted to £81,154, and the disbursements to
£53,936, leaving a net profit for the half-year of
£27,218. To this is added £4,628 from the preced-
ing half-year, leaving a disposable sum of £31,846.
From this the directors propose that a dividend at
the rate of 5 per cent. per annum free of income-
tax be paid on the capital of the company, leaving
a balance of £646. The accounts of the extension
railway from Athlone to Galway have, as hereto-
fore, been officially audited, and a small deficit of
£64 has arisen in the operations of the half-year;
but there still remains on the year's working, to
the credit of the baronies, £1,015 on this particu-
lar account. The directors advert to the prospect
of Galway. being established as a transatlantic
packet station, and state that the interests of the
railway are largely concerned in the success of a
company placing steamers on this route, and the
directors are accordingly affording every facility,
and, on certain satisfactory contingencies, have pro-
mised pecuniary encouragement to the promoters of
the line of packets now sailing from Galway for
the American continent. The directors observe with
regret that since their last effort to arrange the dif-
ferences so unhappily subsisting between this com-
pany and the Great Southern and Western Rail-
way Company by arbitration, no progress
,has
been made towards an arrangement, but- they
are reluctant to abandon the hope that a
settlement may yet be effected. To promote an
object so desirable they are quite prepared, as they
have formerly proposed, to submit all matters in
dispute to arbitration. Impressed with the import-
ance of having the line to Sligo speedily constructed,
the directors are taking the necessary steps for
having the work commenced without further delay.
The capital account for the half year ending the
30th June last shows that £2,584,486 had been ex-
. pended. The revenue account showed that £73,931
had been received on the railway, £7,031 from the
Royal Canal, and £192 for sundries, making £81,154.
The working expenses of the railway amounted to
£27,131, and of the canal to £2,493 ; total, £29,624.
The interest on the canal and other mortgages
amounted to £18,619, the income-tax to £650, the
repairs of a steamer for the Shannon traffic to
£1,279, and the Grand Canal balance to £3,763 ;
together £24,312, which, added to the working ex-
penses, makes the total disbursements £53,396, and
leaves, as above, £27,218. The reserve fund shows a
balance of £28,822 in favour of the company. The
revenue account for the railway from Athlone to
Qalway during the half-year ending the 30th June
showed that £14,817 had been received and £14,881
expended, including interest at the rate of 31 per
cent. on £470,000, leaving a deficiency of £64,
which, deducted from £1,079, the surplus of last
. half-year, leaves £1,015 to the credit of the account.