The Sun.
London, England, 1867-08-22 00:00:00

N ORTH- WESTERN.

The directors of this comp any in their report state
that the traffic receipts for the year 1866 amounted
to £78,180; and, deducting working expenses, &c.,
there was left £38,645, to which was added rents,
£366, leaving a balance of £39,011. The sums paid
by the Midland Company for guaranteed interest
and dividends, including income tax, were on de-
benture debt £13,153, ditto on preference shares
£6,314, ditto uncompleted Lind purchases £l2, divi-
dend at 31 per cent. £,27,495—t0ta1, £46,974. The
usual dividend warrants, at the rate of 6 per cent.
on the amount of A, and 11 per cent. on the amount
of B Stock, would be issued on Sept. 1 next. As
regarded the working of the railway last year, the
Midland Company furnished in April the above
statement of its results, and the directors were gra-
tified to find a steady increase of revenue amount-
ing to nearly £4,000 gross, but much of this had
been absorbed by the increased rate of working
expenses on the Midland system (viz., £5O lie. sd.
per cent.), but the directors hoped this might prove
an exceptional rate, to be reduced. The \Yenning-
sieline'connecting the North Western
Lake and Furness districts, was
c in June last. The directors had
tono:tei
nialevndadyf
oFlNr.ui
traffic
rhnaef
fits,
looked with confidence to this junction, uniting as it
did the Midland and Furness systems. If the Settle
and Carlisle Railway was to be made, it was all im-
portant to the interests of the company that the
best arrangement should promptly be made to
secure for the Midland and North Western route a
fair and just proportion of the English and Scotch
traffic, now estimated to amount to nearly £1,500,000
per annum.
MARYPORT AND CARLISLE.

The report of the directors states that the receipts
for the half-year ending the 30th June last amounted
t
showing a decrease of £3,114. The
expenditure amount to £16,924 against £17,289 for
half o 3f918863 ,6' against £42,597 in the corresponding
h
the corresponding half of 1866, showing a decrease
of £365. The balance for the half-year, after car-
rying £373 to the credit of the contingency account,
was £18,446, which enabled the directors to recom-
mend a dividend on the ordinary shares at the rate
of 71 per cent. per annum, and on the preference
shares according to their respective guarantees. The
cost of renewing the Cumraersdale Viaduct, amount-
ing t
o a £
would be paid out of revenue, but
being
and exceptional expenditure it was not
large 2, 7 37 ,
desirable to charge the whole against the income of
one half-year. The continued absence of commer-
cial confidence and consequent depression of trade
continued to affect the traffic receipts. The Der-
went branch bad been opened for public traffic, and
was realising, the expectations of the directors. All
payments due to the contractor for the construction
of the line had been discharged. Contract agree-
ments had been settled with all the landed proprie-
tors except four. The greater proportion of the

land had been paid for and conveyed to the com-
pany. The directors observed with satisfaction the
recommendation of the Royal Commission on Rail-
ways, "that in order to meet the irregularities in
the local taxation of railways means should be de-
vised by which some public authority, such as the
Poor Law Board, should make the assessment on an
equitable principle. It was therefore hoped that a
remedy might now be applied which would relieve
railway
companies from the burdens entailed on
them by the present unfair mode of assessment. The
capital account to the 30th of June showed that
£:712,591 had been expended.

SOUTH YORKSHIRE.
The report of the directors stated that the expen-
diture on capital account for the half-year had been
£24,420. The gross traffic receipts from traffic and
rents from the railway, and navigation for the half-
year had been £111,2)5. The amount payable by
the Manchester, Shea;ld, and Lincolnshire to cover
rents, interest charges, and guaranteed 5 per cent.
dividends amounted t 0171,043. The
£3,250 charged
against capital was fo7 works in course of construc-
tion. The capital account showed that £3,207,811
had been expended.

..
A FATAL FIGHT LIVIIVEEN WORKMEN.—On Mon-
lent blow behind the ear,
day two men, rinnis and MAlugh, employed in a cigar
manufactory, in Manchester, quarrelled and went into a
field to fight. After sevral rounds Finnis received a vio-
lent
when he fell and expired. During
the confusion that prtvaiwd liglugh escaped.
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