The Sun.
London, England, 1857-01-21 00:00:00

RAILWAY INTELLIGBIWE.

LONDON, BRIGHTON, AND SOUTH COAST,
The report of the directors of this company`states that
the amount of capital raised to the 31st of Dec., 1856,
was 7,759,415/e consisting of 1,906,1351. mortgage
debt, 1,234,726/, preference capital, and 4,618,5541.
consolidated stock. The total outlay on capital account
during the half-year has been 7,7461., of which 4,7911.
has been expended in the execution of works necessary
to accommodate the increasing traffic, and the remain-
der had been applied towards the construction of an
electric telegraph on the Portsmouth and Hastings
lines and minor branches. The extra number of
miles now worked over, to which a further addition
will be made when the West-end line is opened
throughout, will render it necessary that the rolling-
stock should be augmented so as to meet these re-
quirements, as well as those
it right
the generally increasing
traffic. The directors think right to call attention to
this subject, as, the available capital being only 7,5921.,
it will be necessary, at an early period, to ask the
proprietors to sanction an application to Parliament for
power to increase it, for, should the traffic continue to
expand, it will not be possible to conduct it with effici-
ency and economy unless adequate means are provided.
The average rate of interest on the mortgage debt still
remains at 41. 2e. per cent. The gross revenue for the
half-year has been 433,5721., showing an increase of
24,9661. over the corresponding half-year of 1855, and
making a total increase of 57,2291. for the year 1856, as
compared with 1855. Upon examining the detailed ac-
counts of traffic it is satisfactory to find that this
in-
crease is not confined to any particular locality, but is
distributed generally over every portion of the company's
system of lines. From the comparative table given in
the report it appears the number ef miles run during the
half-year was 963,103, against 1,118,573 at the corres-
ponding period of 1855 ; and the total traffic receipts
(excluding cartage) amounted to 421,0791., against
396,9801. The total expenses (excluding cart
age) amounted to 183,4501., against 174,0421. ; the
cost of wane amounted to 8,3581., against 8,1171. at
the corresponding period of 1855. The ordinary ex-
penses for the half-year were 151,5101., against 139,9651.,
and the renewals and additions 31,9401., against 34,0771.
The expenses per train mile were 3s. 91d., against 3s
lid., and the percentage of expenses on traffic re-
ceipts 433 against 431. A table exhibiting the prb
gross of the traffic during the past nine years shows
that the number of passengers conveyed on the line
was 2,485,778 in 1848 and 6,811,904 in 1856, and the
receipts 349,9771. and 540,7871. respectively. The
season tickets had increased from 10,4271. to 33,1551.,
the parcels from 13,1301. to 17,6551., the goods from
61,4331. to 138,8511., and the rents, &c., from 5,581/.
to 11,5291. The total receipts, exclusive of cartage,
increased from 453,4081. in 1848 to 758,7591. in 1856.
The number of miles run was 1,119,308 in 1848,
and 1,887,488 in- 1856. The total expenditure in
1848 amounted to 187,0871., including 39,9551, for
taxation, and in 1856 to 330,9421., including 48,1531.
for taxation. Toe total working expenses in 1848
amounted to 147,1321., including 6,1611. for renewals
and additions ; and in 1856 to 282,7891., including
51,4181. for renewals and additions. The preferential
charges for mortgage debt and guaranteed capital
amounted in 1848 to 104,0411., and in 1356 to 145,3771.,
and the dividend to from 31. 12e. per cent, to 61. per
cent. The dividend in 1849 was at the rate of 31. 17s.
per cent. ; in 1850, 41. 2s, per cent. ; in 1851, 41. 16e.
per cent. ; in 1852, 41. 4s. per cent. ; in 1853, 5 per
cent. ; in 1854, 51. 10s. per cent. ; in 1855, 5 per cent. ;
and in 1856, at the rate of 6 per cent. A considerable
sum has been again expended in renewals of the perma-
nent. way, carriages, and waggons. The vehicles now
constructed by the company are more costly than the
old ones which they replace, inasmuch as they are of a
superior and more durable quality, and capable of carry-
ing a much larger number of passengers. Considerable
additions and improvements have also been made in the
locomotive stock, to which five powerful engines have
been added during the past half-year. The length of the
main line remaining to be relaid and fiihjointed is 121
miles, the larger portion of which will be completed
during the current year. The system adopted by the
directors has resulted in placing the permanent way,
buildings, and rolling stock in a most efficient and satis-
factory condition, and they are also pleased to have it in
their power to inform the proprietors that this efficient
condition of the line and plant, combined with the zeal,
intelligence, and energy t.f their staff, has enabled them
to carry on a largely increased traffic during the,past year
with perfect safety to the public, and without an acci-
dent. The directors have, subject to the sanction of
the proprietors, entered into an agreement with the
promoters of a line from Lewes to Uckfield, a distance
of 71 miles, similar to that made with the East Grin-
stead Company, the rent in this case being 1,8801. per
annum, or 4 per cent, upon a capital of 47,0001.,
this company securing the right of purchasing it at any
bine!, for that sum . The other scheme is for a line
about 14i miles in length, from Horsham to Petworth.
The cost of construction will be about 7,000/. per
mile ; and the', directors have made a similar arrange-
ment with its promoters, at 4 per cent. upon the esti-
mated cost, with power to purchase it at any time upon
like terms. The net amount at the credit of the revenue
account is 166,0501., out of which the directors recom-
mend the payment of a dividend of 3i per cent. for the
half-year, amounting to 161,6491., leaving a balance to
the credit of the current half-year of 4,4011., and making
the dividend for the year 1856 amount to 6 per cent.
The revenue account for the half-year shows that
433,7911. had been received, and 191,8071. expended,
including 12,0841. rates and taxes, and 13,5881. Go
vernment duty, leaving a balance of 241,9831., out of
which 72,0231. is deducted for preference charges, 1,0001.
for the benevolent fund, 1,0001. insurance fund, 1,0001.
rent of East Grinstead line, and 9101. for rent of Wim-
bledon and Croydon Railway, leaving 166,0491,, as
above, for ordinary dividend.

GRAND TRUNK OF CANADA.
The arrangements of this company for booking passen-
gers from the principal ports in Europe to Canada and
the leading cities of the United States have been coin-
pleted. By means of those arrangements a passenger or
emigrant is enabled to ascertain the actual expense, be-
fore starting, of his passage by ship and railway from
Europe to his destination in North America. Ile will
thus not only be protected from the extortion of persons
on landing, but will be under the care of the company's
agents till conveyed to the end of his journey. It ap-
pears that the company have agents at Liverpool,
Hull, Aberdeen, Glasgow, Dublin, Belfast, Cork, Gal-
way, Havre, Antwerp, Rotterdam, Bremen, and Ham
burg for booking passengers, the chief office being in
London. From those places passengers can be booked
through via Boston, Portland, or Quebec, to any place
in Canada or the United states, having a continuous
railway communication to it. Passengers can be con-
veyed either by the first, second, or third class to atleast
96 railway stations in North America. The Grand Trunk
consists of 858 miles of railway, which are open
for traffic to Portland, Quebec, Montreal, Toronto, and
Stratford ; and the arrangements made by the company
with railway companies in,Canada and the United States
enable them to book passengers of all classes through to
their destination at the lowest current rates of fare, and
also to forward them with extra despatch. The several
companies forming the route run their regular trains in
connexion with those of the Grand Trunk Company, and
will, when there are a sufficient number of passengers to
render it necessary, put on a special train. Passengers
holding through tickets will be enabled to proceed on
their journey immediately after landing, either at Bos-
ton, Portland, or Quebec, and will have their luggage
removed from the ship to the railway free of charge.
They will thus avoid impositions and frauds being prac-
tised upon them by pretended agents for, various
routes, and have the advantage of receiving reliable
information from the company's agents at the various
places. The printed list of through-booking fares to
the various places shows the amount in English and
American money. It is believed: that the arrange-
ments just completed by the Grand Trunk of Canada
Company will afford great facilities to emigrants and save
them considerable expense. An emigrant or passenger
can obtain from the agent at the ports mentioned, or the
head-office, a ticket in which will be included the pas-
sage money across the Atlantic, and the railway
.fare
to his destination. One half of the ticket will be given
up to the captain or purser of the ship before
er he
andem.
lands,i
and on presenting the other to the p
a s
Quebec, w
„ration agentho will he
of the company
a at
nitl Boston,
o hsheei
ens
xgPdo
eho
srattoil
nga
ane
td for
a ,o n.
An o
a railway ticket which will
spposts,hi
t winadnpted to enable the
agents effective
what passengers
they may expect. The ports plan
to know
agent at either of the different
iuthe and
Canadian simple
European ports, on the sailing of the vessel in which he
advises the central office of h e
of the names of the Passengers who
have through tickets,
has booked passengers,t
company London
their class, and the destination of
This being registered in the London office
forwarded by
oto prepare for their reception. On
the weekly steamer to
the agent at the port for which the ship sails, so that he
eachhwillehave particulars person.
ample areti m
the arrival of the passengers refreshment rooms suited to
t
the wants of each class are provided. The rate fixed
for the running of the emigrant trains is 20 miles per
hour, including stoppages of an hour for refreshment at
the end of every 100 or 120 miles. The Canadian sys-
tem of railways ceases at Detroit, 730 miles from Que-
bec, but on the arrival of the through passengers the
company's emigration officer, who will have previously
received intimation by telegraph of their destination,
will provide accordingly for the continuation of their
journey over lines in the United States, where other
agents of the company will likewise attend to them, and
so on until they arrive at the end of their journey. The
fares are exceedingly low, and it is expected that the
whole of the arrangements, which are conducted on the
responsibility of the Grand Trunk Company, will give
general satisfaction.

THE MAILS.—SOUTHAMPTON, Tuesday.—The
Penin-
sular and Oriental Company's steamship Pera, Captain
John Soy, left the docks to-day for Gibraltar, Malta, and
Alexandria, with the India mails, 112 first and 23 second
class passengers, among whom are Major and Mrs. For-
ster, Lieutenant-Colonel Yeoman, Lieutenant-Colonel
Walker, Captain and Mrs. Halls, Captain and Mrs. Bal-
dock, Captain Williams, Captain Hutchinson, Captain
Rosser, Captain Bruce, Sir H. Davidson, the Rev. &tr.
Smith, Lieutenant Ridley, Lieutenant Bailey, Limit.
Hawkins, the Rev. Mr. M.'Kee, Lieut. Kingsley, Lieut.
Adams, Lieut. Carey, Lieut. Bycroft, &c. This vessel
takes out specie, value 208,2701. for Bombay, 6,8821. for
Ceylon, 11,0001. for Madras, and 141,1751. for Calcutta;
jewellery, value 1501. for Bombay, 461. for Ceylon, and,
3061. for Calcutta; gold thread, value 1,0081. for Madras,
and a full general cargo. The Euxine, Capt. J.
.Weeks,
sailed yesterday for the Marseilles and Malta station to
relieve the Vectis, coming home for repairs. Nothing
has been heard from the Tyne during the day; the
wind has veered round towards the north, and mode.
rated.