The Sun.
London, England, 1866-03-22 00:00:00

RAILWAY INTELLIGENCE,

EVESHAM AND REDDITCH.

The half-yearly general meeting was held yester-
day at the offices, Great George-street, Westminster;
Mr. Wagstaff in the chair.
The report stated the works were now progressing
very favourably, and it was expected that 10 miles
of the line, from Evesham to Alcester, would be
opened by the end of May, and the remaining length
in about a year and a half from that date. It was
stated that the whole of the capital had been sub-
scribed, and one-half paid up. The report was
adopted, and a resolution passed authorising the
directors to borrow on mortgage a sum not exceed-
ing £49,600. Mr.Brassey, jun., was re-elected a
director, and Mr. Ballard in the place of Mr. Bom-
ford, and Mr. G. Bird and Mr. S. Green, auditors.
The special meeting was postponed to the 30th of
April, the agreement with the' Midland Railway
Company not being ready.

SCINDE.
The report of the directors states that
.the traffic
on the line had recently considerably unproved.
During one week in December the receipts reached
£2,806, being largely in excess of the highest amount
realised in any previous week since the opening of
the line. Large quantities of cotton had been con-
veyed over the line during the months of October,
November, and December, averaging 408,0001 b per
week. The capabilities of Scinde for the growth of
cotton was very great, and it was estimated that
3,500,000 acres of land in the province were avail-
able for that purpose. It was stated by the acting
agent of the railway that in the Hydrabad Collec-
torate alone the quantity of cotton awaiting export
amounted to about 3,000 tons. The total traffic
receipts on the railway from the 13th of May, 1861,
to the 31st December, 1865, amounted to £67,790
for passengers, and to £290,953 for goods, &c. ;
total, £358,743. The total traffic receipts in the
year 1862 amounted to £62,837, in 1863 to £100,463,
in 1864 to £94,544, and in 1865 to £81,539.
During the half-year ending the 30th June, 1865,
the gross receipts amounted to £38,825, and for the
half-year ending the 31st December last to £42,714.
The average receipts per mile of railway during the
entire year amounted to £l4 18s. Bd. per week,
and the receipts per train mile were ss. lid.
The number of passengers carried during the
year was 111,180, as against 100,724 in the pre-
vious year, and the traffic was conducted without
accident. At Joongshaie and other stations im-
proved accommodation had been provided for the
comfort of passengers. With regard to the survey
of the Indus Valley line, the staff were at present
employed in rendering the result cf their operations
on the left bank permanently available. The re-
venue accounts for the half-years ending the 31st
of December, 1864, and the 30th of June, had not
yet received the final approval of the Government.
The sum of £1,999,339 had been received on capital
account, and £1,747,629 expended. The interest
paid to proprietors amounted in the aggregate to
£530,965. The receipts of the Indus steam flotilla
since the first steamer commenced running in 1862
amounted to £264,362, the working expenses to
£186,613, and 'the net receipts to £77,748. The
net receipts were subject to a deduction of 77 per
cent. per annum on the estimated cost of the work-
ing fleet for the formation of insurance and depre-
ciation funds. The steamers and barges now being
built for the company by Messrs. Laird, Napier.
and Samuda would shortly be despatched to India
The expenditure on capital account in the construe
tion of the company's fleet had been £439,069.