The Sun.
London, England, 1861-04-24 00:00:00

IAILW.

GREAT INDIAN • PENINSULA RAILWAY

COMPANY.

The twenty-third report of the directors of this
company states that a further portion of 531 miles
of the company's railway was opened for traffic on
the 28th January last, making a total of 3501 miles
now being worked. The new sections consist of
22 miles from Sharpoor to Kussarah at the foot of
the Thull Ghat in the Concan, and of 311 miles from
Egutpoora, at the summit of the same Ghat, to
Nassick, in the Deccan. In the course of the ap-
proaching summer an additional opening of 861
miles from Nassick to Chalesgaum, on the eastern
border of Kandeish, is expected. Intelligence has
reached the directors that the Bombay cotton
dealers, desiring to take advantage at the earliest
period of the facilities afforded by the railway for
carrying, on their trade, made arrangements, imme-
diately on the opening of the line to Nassick, for
the erection at that station of sheds and other con-
veniences, and that the cotton traffic is, by, their
agency, likely to be much encouraged. Since the
opening to Nassick, in January, the general traffie
of the line shows a marked improvement. On the
present occasion the traffic in the seventh week
after the opening showed a rate per mile exceeding
that of the traffic in the corresponding week of the
previous year to the extent of 22,14 per cent., the
average mileage receipt of the seven weeks having
been somewhat in excess of that of the correspond-
ing period of last year. The- gross receipts of the
half-year amounted to £95,243 155."1.0d., and the
expenditure to £59,707 135., leaving the sum of
£35,536 2s. 10d. available as net profit to be carried
to the credit of the company's interest account with
Government. The total number of passengers car-
ried in the half-year was 831,864,1, being an increase
of 228,942 on the number carried in the last half of
the previous year. Of this increase 223,685 were
fourth-class passengers. This class was introduced
in the middle of October as an experiment for six
months, out of deference to the views of the Bom-
bay Government, who stated that they would be
ready at the expiration of the period to consider
whether the rate charged should not be raised.
The directors will continue to watch the experi-
ment closely, and at
.the proper time will propose
whatever rates they may find most conducive to the
interests of the company. A very satisfactory fea-
ture in the traffic results of the half-year is the in-
crease of 3s. ld. in the, average receipt per ton of
public merchandise carried, the average receipt
having been 12s. 10Id. per ton against 9s. 90. per
ton in the previous year. At the same time the
receipt per ton from the' company's permanent way
materials fell from Bs. 31d. in 1859, to 43. 84d. in
1860; the proportion of company's materials to the
total weight carried having been in the last half-
year 27 per cent. Although the per centage of the
expenditure to the receipts is equal to 62.69 per
cent., or 4.31 per cent. beyond what it was in 1859,
when viewed by the railway mile and by the train
mile, the working expenses contrast most favourably
for last half-year, having been then less per railway
mile by the sum of £lB Os. 5d., and per train mile
by 24d., proving that the line was worked more
economically in proportion to the work done. The
maintenance charges were less in last half-year per
mile maintained, having amounted to £37 4s. 4d.
against £47 2s. 4d. in 1859. The Government of
India has recently published a minute on the sub-
ject of Indian railways, containing remarks affect-
ing the company, which, if uncontradicted and
unexplained, may lead to some misapprehension.
In the minute in question it is assumed that the
undertakings of this company already sanctioned
will cost £13,938,250, and that the capital provided
is £6,254,459 ; and it is therefore suggested that the
company should proceed with such works only as,
front their state of advancement or other circum-
stances, it may be inexpedient to suspend, except on
the gravest emergency: From information in their
possession, the directors estimate that the cost of
the whole of the company's lines to Jubbulpore and
Nagpore in the north-east, and to the junction at
Moodgul with the Madras Railway in the south-
east, will not exceed £11,000,000. On this estimate
the directors consider themselves justified in placing
entire reliance, as it is based on the past experience
of the works already completed, on their know-
ledge of the great caution exercised by their
engineer in framing his estimates with reference to
T
all contingencies, and on the facts of the works
To
the meet
Govern-
ment this
being under h
executionte company
paidinto
expenditure
treasury £6,805,432, while it has unpaid calls
on 141,527 shares to the amount of £l2 per share,
well secured by shares on which £8 is paid up, or
£1,698,324, making together £8,503,756. Indepen-
dent of the above, the borrowing powers of the
company remain to be exercised to the extent of
£2,162,910, and it may safely be assumed that this
sum will be readily obtained on loan in an improved
state of the money market before it can be required,
making an available capital of £10,666,666. De-
ducting £868,000, the estimated cost of the line from
Sholapore to Moodgul, which has not been contracted
for or commenced, the estimate for the whole of the
works undertaken is reduced to £10,132,000, leav-

ing £534,666 of surplus capital, so that there can
be no apprehension of any want of funds as required
to carry the undertaking to a successful completion.
The directors have represented to her Majesty's
Secretary of State for India their views of the real
state of the company's affairs, and they are happy
to say they have received a satisfactory answer from
Sir Charles Wcod, which leads to the expectation
that all restrictions against carrying out the com-
pany's lines already sanctioned and contracted for
in a substantial and effectual manner will be with-
drawn. The usual half-yearly statements of ac-
counts capital and revenue, which have been duly
submitted to and examined by the auditors, are
attached. The capital account shows a total receipt
from the beginning of the operations to Dec. 31 last
of £6,710,232, and a total expenditure of £6,019,711
10s. 11d., leaving an available balance at that date
of £690,520 9s, ld. The results of the revenue
account have been already stated.

LAW IN7ELLIGENCE.-April 23.

COURT OF EXCHEQUER.

'Sittings in Banco, before the Chief Baron, and
Barons Martin, Bramwell, and Wilde.)
EX PARTE FERNANDEZ.

The Lord Chief Baron—l have to deliver the
judgment of the Court in the case moved by Mr.
Bovill on Friday last. The motion was for a writ
of habeas corpus to bring up the body of the de-
fendant, in order to his being discharged, on the
ground that the commitment was illegal. The argu-
ment occupied a considerable time, and was founded
on cases not frequently cited, and some of ancient
date. We had little doubt at the close that the writ
ought not to issue, but we thought it desirable to
take a short time to look into the state of the law
upon the subject; and we are of opinion that no
writ ought to be granted. We do not regret that Mr.
Bovill brought under our notice the circumstances
that took place at the trial, as it affords us an oppor-
tunity of saying that we entirely concur in the view
taken by the learned judge (Mr. Justice Hill) who
presided as to the whole proceedings.—Writ re-
fused.

[ADVERTTSEMENT.]—The possibility of abandoning
medicine altogether is shown by the numerous extraordinary
cures without medicine of indigestion, (dyspepsia) flatu-
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cough, asthma, consumption, and debility effected by Du
Barry's delicious Health Restoring Revalenth Arabic
Food ; the following are not the least remarkable :—Cure
No. 46,270. Mr. James Roberts, timber merchant of Frim-
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derangement, partial deafness.—Cure No. 58,816. Mrs.
Holze, aged 107 years, of dyspepsia (indigestion) debility,
irritability and nervousness which had tormented her for
seventy years.—Cure No. 46,814. Mr. Samuel Laxton,
Leicester, of two --
.years diarrhoea.Cure No. 180.
" Twenty-five years nervousness, constipation, indi-
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very short time. W. B. Reeves, 181, Fleet-street, London."
Avoid Pills and Medicines : they invariably aggravate and
perpetuate diseases ; their annoyance, disappointment,
and expense may be avoided by using Du Barry's Food
which, at a few pence per day, saves 50 times its cost in
other remedies, removing effectually, without purging,
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liver complaints and all their consequences. Certificate
No. 36,418. We find it the safest remedy. Andrew Ure,
MD., F.R.S., Dr Harvey, Dr. Wurzer, Dr. Shorland, Dr.
Campell. Let invalids avoid the fearful dangers of spu-
rious and injurious imitations offered under a variety of
false pretences. Nevill's imitations are prohibited by the
high Court of Chancery under a penalty of 55,000 against
Alfred Hooper Nevill and his agents ; and the pretences
that Nevill has a patent for Arabica Food and that Du
Barry's are connected with such patent are utterly falce.
Du Barry
and Co., 77, Regent-street, in full, ontheseal and wrapper.
Shopkeepers who attempt imposition in one article must
expect to be distrusted in all others. Packed in tins lib.
2s. 9d.; 21b. 4s. 6d. i 51b. lls.; 121 b. 225. ; 241 b. 40s. The
121 b. and 241 b. canisters are sent carriage free on receipt
of Post-office order by Barry Du Barry and Co., 77, Re-
gent-street, London; Fortnum Mason, and Co. ; Abbie;
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tea-dealers; Petty, Wood, and Co., King Willitm-street
City ; at 127 nollnui; sad all mom