The Sun.
London, England, 1858-04-15 00:00:00

SOUTH-EASTERN..

- _
The gross traffic receipts on this line for passen-
gers, parcels, mails, go:xls, cattle, &c. (less expense
of collecting and delivering goods, &c.), amounted
for the four weeks ending March 27, to 53,1871.,
the rents and sunlres to 1,9161., and receipts from
steimpackets to 2,4191., linking a total of 57,5221.
The expenditure, including rates, taxes, tolls, Go-
vernment duty, and expenses of steam packet ser-
vice, amounted to 33,9201., leaving a .balance of
23,1:02/. Tha total receipts for seven weeks and
six days ending' March 27-amounted to 114,9741.,
and the expenditure to 68,8291., leaving a balance
of 46,145.

..•••••••10.4.
MANCHESTER, SHEFFIELD, AND LIN-
COLNSHIRE.
The total receipts (including rents, ((To.) of this
company's railways (less the cost of collection and
delivery) amounted from Jan. 1 to April 4, 1858,
to 111,9411. ; and the total expenses (including
rents, tolls, duty, &c.) to 68,2701., as against
65,6591. at the corresponding period of 1857, leav-
ing a balance of net profit of 43,6701. The propor-
tion of South Junction, &c., rtceips accruing to this
company from Jan. Ito April 4, 1858, amounted
to 5,6871., as against 5,3851. for the corresponding
period of 1857 ; and the expenses for the same
period amounted to 3,2831., as against 2,804/. for
the corresponding period of. 1837. The total re-
ceipts (including rents, &c.) of this company's
canals for the three months ending March 31, 1858,
amounted to 13,7911., as auairst 17,797/. for the
corresponding period of 1857 ; and the • expenses
(including rates, tic.) to 9,5261., as against 9,9801.
for the corresponding period of 1857, leaving a ba-
lance of net pri fit of 4,2651. as against 9,8171. for
the corresponding period of 1857.

ROYAL SWEDISH.
A general meeting of shareholders in this com-
pany was hold on Tuesday, at the London Tavern
—Mr. W. J. Chaplin in the chair.
Mr. G. A. Hiller, the secretary, read the report,
an abstract of which has appeared in The Sun.
The CHAIRMAN, in moving the adoption of the
report, said its issue was delayed in consequence
of their proposition for the disposal of,the line to
the Swedish Government having been referred to a
committee of the Swedish Diet, and their final de-
cieien was not known until the 15th of March, after
which the directors lost no time in preparing and
submitting the report. It informed them of the un-
expected failure of the intended sale of the line.
He said unexpected, because he thought no one
could have contemplated such a result. Under
those circumstances the directors suggested that
an explanatory memorial should be at once pre-
sented to the Swedish Government, complaining
of the treatment the company had experienced at
the bands of the Diet, which heti declined to pur-
chase the railway even at a valuation, refused the
alternative of granting a guarantee, and actually
(contrary t t the understanding on which the origi-
nal subscribers came forward and took theii shares)
passed an act authorising an opposition trunk line
to the south of the Malarn Lake. The Government
might suffer from want of means, but it was in their
power to keep faith with the company by making
their line a part of the main line between Stock-
holm and Gotteuburg. He thought they would
consider it a breach of faith ou the part of the Go-
vernment for not having done that. It was not for
the directors to say what their future course would
be. They bad received a letter from Mr. Waern,
chairman of the company in Sweden, to the effect
that the general opinion was that the proposal of
the company must be sooner or later entertained,
but, owing to the falling off in the revenue, it was
deemed inexpedient at present to increase the lia-
bilities of the Government. lie then erxplained
that the nine miles from Arboga to Koping would
have been completed if the subscribed capital had
been taken up. It would, however, require
15,0001. or 20,0001. to complete that portion.; but,
under. the circumstances of the traffic being unsa-
tisfactory, the directors thought it advisable to
wait and see the result of the traffic on the portion
opened before raising or spending any more mo: ey.
The sum he mentioned would enable them to bring
45 miles of railway into operation. The passenger
traffic amounted to only a fourth of the receipt., and
the remainder consisted of goods and mineral traffic.
The district was well supplied with water carriage ;
there was a thin population, and it was impOssible
to say how far the people would use the railway.
Their manager expected much more traffic than the
means at his disposal Would enable him to carry.
It was proposed that they should wait and see the
result of the traffic up to July next on 03,1'35 miles
open before they.raised or expended any more capi-
tal, and that a committee of some of the largest
' ehareholders.Lhould be appointed to confer with the
directors as to what should be done.
Mr. HAATRIDGE, a director, seconded the motion
for the adoption of the report, explained that every
economy had been adopted, and they had uo com-
plaint to make with respect to either their con-
traeters,-engiocetr, or lawyer. The Chairman, from
his experience, had rendered them gteit service.
The losses arising from Mr. &ditties misconduct
would fall on the old shareholders., A traffic of
20/. per mile per week would pay all the preference
charges, and he hoped something would be obtained
for the old shareholders.
Mr. MOCATTA had no confidence is the liberality
of the Swedish Government, and suggested that the
directora should exercise the utmost economy in
everthing.
After some observations from Mr. Austen, Mr.
Miller, and Mr. Seymour as to the policy to be
adopted, and the probability of some arrangement
with the Govern ment,resolutions were passed adopt-
ing the report, confirming the forfeiture of 1,000
preference shales, on which only 11. had been paid,
and of 895 shares on which only 21. dad
presentdbeenp maid e_;
requesting the directors to prepare and
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