The Sun.
London, England, 1850-08-29 00:00:00

YORK, NEWCASTLE, AND BERWICK.

The report of the directors, to be submit-cd to .the
proprietors on Tuesday next, states that the receipts for
the half year ending the 30th of June amounted to
351,886!., and for the corresponding period in 1849 to
323,964 Z Nearly the whole of this increase has been
produces during the last quarter. The working ex-
penses for the half•year ending the 30th of June amounted
to 135,0631., and fur the corresponding period in 1849 to
132,189/. The charges against revenue other then
working expenses amounted in the formcr period to
1.51,6101., and in the letter periA to 118,9121. The
amount of debenture capital has been increased since the
30► h of June, 1849, to the extent of. 215,0001., entailing
a corresponding additional burden fur •interest. In the
former half-year there was a large sum for interest
charged to capital account for unproductive works, and
during tho present half year there is no such charge in
the accounts.

Tho directors propose to carry to capital the sum of
35,4021., the balance appearing on the Great North of
England purchase account; but a sum of upwards of
10,0001. arising from unpaid dividends on and calls re-
ceived in respect of shares which will have to be for-
feited, will then be carried to the credit of that account

in reductigo of that sum. Since the last half-yearly
meeting the directors have received a further sum of
10,0001., making 50,0001. of the amount agreed to be
paid by Mr. Hudson in settlement of the claims of the
company upon him; but the sum due from him in re-
spect of the Sunderland Dock has not yet been paid, al-
though the directors had expected when they made the
arrangememt with him. that the whole amount would
have been received before this time, and have used
their utmost exertions to obtain payment, but
without s c ffect. The directors, however, hold
securities for the amount. The net divisible balance
out of the proper earnings of the half-year
amounts to 62,212/, which, added to the net ba-
lance, 1,500!, from the last account, increases the
amount to 63,713/, out of which the directors
propose to pay a dividend at the rate of 2i per cent. par
annum, leaving a balance of 2,239/. to be carried to the
next account. The purchase debentures to be delivered
to the Great North of England Railway share-
holders are in active preparation, and the purchase will
be completed in October next. On the Ist of July, 1853,
796,571/, will be payable; on the Ist of January, 1855,
1,062,095/. will be payable; and 796,571/. on the Ist of
July, 1856, unless otherwise agreed. upon by those en-
titled to them. The Sunderland Dock was openei on
the 20th of June, and must lead to an important increate
of coal traffic on the Durham and Sunderland branch
railway of this company. The directors have taken steps
to close the capital account. The amount expended on
capital account to the 30th June amounts to 6,667,5071.;
due to the corporation of Newcastle, 15,000/.; estimate
of works to complete the railway, 131,6221.; Great North
of England purchase, 3,732,9021. ; total, 10,547,0311.
The capital account will be closed by a sum of
10,550,0004