The Sun.
London, England, 1866-06-20 00:00:00

IMPERIAL MEXICAN (LIMITED).

The report of the directors states that great pro-
gress had been made in the construction of the works
of the railway. Mr. Samuel, the consulting en-
gineer, had informed them that the earthworks had
been completed on 217 miles of the railway ; that it
was probable from recent despatches that the sec-
tion between the city of Mexico and the junction
with the branch line to Puebla at Apixaco, a distance
of 85 miles, had been completed. The engineer's
estimate of the traffic receipts on the Mexico and
Fuebla division showed a probable minimum of up-
wsards of £5O per mile per week, and an estimated
rate of working expenses of 33 1-3 per cent., and
that the additional expenditure to expedite the com-
pletion of this portion of the railway it was expected
would be amply repaid. The electric telegraph was
now completed on 133 miles of the railway. Con-
siderable progress had been made in the erection of
the workshops at Vera Cruz and Orizava. The re-
celpts from traffic on the Vera Cruz section, 47 miles
in length, for 12 months ending March 21st last,
amounted to £86,703, or an average of £35 9s. 6d.
a mile per week. During the last three months of
the 12—namely, January, February, and March
last--the receipts had been £29,636, or an average
of £4B 10s. Id. per mile per week. Upon the Gua-
dalupe section, 31 miles in length, the receipts for
passenger traffic in the 12 months amounted to
£7,647, or an average of £39 6s. 91d. per mile per
week. On the Vera Cruz section the actual amount
0,4 profit had not been finally ascertained, but was
esQmated for the year at about £17,000, to be shared
between the company and the contractors. On the
Guadalupe section the profits had amounted to
£4,074, three-fourths of which belonged to the
company, and one-fourth to the contractors.
It was estimated that the local and through
traffic on the Mexico and Puebla division, 1121
miles in length, would average £52 per mile per
week, or more than £303,000 a year, the working
expenses £lOl,OOO, and the net revenue more than
£202,000 a year. The directors felt that their re-
port would have been entirely satisfactory to the
shareholders but for the Mexican Government
having unfortunately allowed their payments to the
company to fall recently into arrears to the extent of
about £220,000, and for the political state of the
Continent, which, with the condition of the money-
markets of London and Paris, had made it impos-
sible for the company to proceed with the arrange-
ments for raising part of the'eapital on bonds. It
would be necessary to raise immediately by deben-
tures the funds required for the completion, of the
upper portion of the railway. The expenditure on
railway to the 31st of December last amounted to
£1,534,241.

RAILWAY BILLS.
In the House of Lords yesterday the following
bills were passed B, the Salisbury and Yeovil;
the Somerset and Dorset ; the Stourbridge ;
to
Longton, Adderly-green, and Bucknall ; the North
British (St. Margaret's Diversion) ; the North
British and Ledburn, &c. ; and the North British
(Stirling, &c., Branches).
In room C the following bills were again heard
andil adjourned :—The Hoylake ; the Wrexham,
I
Connah's:Quay and Hoylake ; the Edg-
waored,laPa
to Carlisle) and London ; the Midland (Settle
) ; and the Caledonian (Greenock and
Gourock Extension).
In the Painted
Chamber the following were also
heard and adjourned:--
The London and North-
Western and Whitehaven unction ; the Cannock
Chase and Wolverhampton; and the East Glou-
cestershire.

e
In the Ways and Means Committee the House
Of Commons the following bills wer
London, Brighton,- and south Coapassed :—The
powers) ; the East London (additionl
power)
(various
and the Midland Counties and Shannon Junction,r_
In Group 14 the preamble of the North British
(Taybrid,c) Bill was proved.
In Group 16 the preamble of the Carmarthen and
Cardigan Bill was proved.
" In Group 17 the preamble of the Vale of Neath
(transfer) Bill was proved.
In Group 18 the Forth and Clyde Junction and
Caledonian, and the Forth and Clyde Junction and
North British Bills were adjourned.
In Group 20. the North British and Bridge of
Allan were heard and adjourned.