The Sun.
London, England, 1866-03-26 00:00:00

PEEBLES.

The half-yearly meeting was held at Peebles on
Saturday ; the Lord Provost of Edinburgh (Mr.
W. Chambers) presided.
The report of the directors congratulated the
shareholders on the continued prosperity of the com-
pany. The moiety of the revenue belonging to the
company for the half-year amounted to £3,855.
The traffic returns exhibited an increase of £221 as
compared with the corresponding period of the
preceding year. After making provision for rates,
taxes, &c., there remained a balance available for
dividend of £3,268, out of which the directors re-
commended the payment of the usual dividend of 5
per cent, per annum on the preference shares of the
company, and a dividend at the rate of 61 per cent.
per annum on the ordinary shares, payable on the
3d of April. After providing for those dividends,
and £223, the share of the surplus payable to the
North British Company in terms of the lease, a
balance of £95 remained to the credit of the Peebles

company.
The CHAIRMAN, in moving the adoption of the
report, said he had always looked forward to the
eminent success of this economically constructed,
cheaply worked, and carefully looked after line. On
the opening of the tourist line between Galashiels
and Peebles a still larger traffic might be expected.
AINSLIE seconded the motion, which was
unanimously carried, and a vote of thanks was given
to the eta.
an.

The half_ MONMOUTHSHIRE.
u ,1
vrl.meoertitn;gbwiras. Ch.elßdaoilneyW,eAdln.Pes.,day
i:
at the offices,
the chair.
The CHAIRMAN, in movingiiaatlae adoption of the re-
port, an abstract of which
11 ) appeared in The Sun,
shareholders on the prosperous
congratulated the
eral revenue account
position of the railway. The get,-
cAlt of which it was
showed a balance of £ 21,685,
proposed to pay a dividend. at the rate of ,
cent. per annum, leaving only a balanceof ut per
reason there was so small a balance was £3. Tho
that last
year they had to oppose a large number of bins in
Parliament, which had involved an outlay of £3,658.
Instead of acting like other companies in spreading
the payment of that sum over several years, the
directors had written it off at once. He congratu-
lated the proprietors on the abandonment of nearly
all the railway schemes which had been projected
this year affecting the district. He was happy to
say that the traffic was gradually increasing.
The report was adopted, and a dividend at the
rate of Gi• per cent. per annum was declared. Mr.
T. Powell and Mr. F. Tothill were elected to the
vacant seats at the board. I

OTTOMAN (SMYRNA TO AIDIN).
The report of the directors states that the works,
including the long tunnel, had made satisfactory
progress since the last general meeting, and they

-_
were gratified in being able to announce the near -
completion and probable opening of the line to
Aidin by the end of June. Under very depressing-:
and disadvantageous circumstances the gross re—
ceipts had increased 41 per cent. over the corre%A.
ponding period of the previous
sar'
ullpl3°n the
same mileage. The guaranteed interest to
30th of June last had been received from the Im-1
penal Ottoman Government, and immediately
after the meeting the accounts would be rendered,
as usual, for the half-year ending the 31st
of December last. The platelaying would
then be carried forward to Aidin at the rate 1
I of at least two miles a week, if sufficient locomotive
power were employed, so that Aidin would lae
reached during the month of June, and the railway
permanently opened for traffic by the Ist of July
at latest. All other arrangements were in readiness
for the opening. Mr. Charlton, the general manager,
in his report stated that the receipts of the past half-
, year showed that there had been an increase of
£5,650, or 41 per cent., as compared with the cor-
responding half of 1864. Agricultural operations
were being carried out to a large extent, the weather
being now very favourable for the purpose, and on
the completion of the line the opening up of the
mineral sources of the province, to which attention
was now being directed, would produce a profitable
effect on the company's receipts. The capital
account to the 31st of December last showed that
£1,326,545 had been expended, leaving a balance of
£78,948. The revenue account for the past half-
year showed that £19,399 had been received for
traffic and £18,364 expended, leaving a balance of
£1,035.