The Sun.
London, England, 1868-01-14 00:00:00

NORTHERN OF FRANCE.

The traffic receipts on this company's_ lines for
the week ending the 30th of December amounted to
£65,603, and for the corresponding week in 1866 to
£60,041, showing an increase of £5,552. The total
taaffie receipts from the Ist of January to the 30th
of Decculber, 1867, amounted on 662 miles of old
lines to £3,439,629, and on 208 miles of new tines
to £2B2,322—together, £3,721,951 ; and for the
corresponding period of 1866 to £3,129,436 on the
old lines, and.£168,060 on 126 miles of new lines—
together, X. 3,297,406 ; showing an increase of
£310,193, or 9.91 per cent., on the old lines, and of
£114,262 on the new lines ; making together an in-
crease of £424,455.

IMPROVED INDUSTRIAL DWELLINGS (LIMITED).
The report of the directors of this Company states
that, in addition to the £50,000, in £lOO shares,
already allotted, £38,350 had been subscribed in
£25 shares, making the total subscribed capital
.£88,350. Two blocks of buildings at Greenwich
are now completed and ready for occupation. Thos.
dwellings are upon the same plan as those at Pal.
merston-buildings, and comprise separate and dis-
tinct houses for 40 families. Two of the six blocks of
buildings at Britannia-street are now completed and
occupied. Two more blocks will be finished by.
March next, and two others will be ready for occu-
pation during the coming autumn. One block com-
prises separate and distinct tenements for 24 fami-
lies, and the other, on a new plan, 3G tenements of
two rooms each. It was invariably found that the
applications for tenements are always most nume-
rous, for the best kind of accommodation afforded
by the company's buildings. The directors, there-
fore, feel strengthened in their resolve to keep the
comforts and conveniences of the company's tene-
ments at as high a standard as possible commen-
surate with the means of the occupants. The ex-
perience of four or five years of the company's
operations shows that the wants of the industrial
classes are being met, and that the object for which
the company was formed is being gradually attained.
Contracts have been entered into by which the
company will come into possession of the whole of
the estate at Bethnal-green. It comprises nine
acres of freehold land, at present covered by some
hundreds of small houses. The purchase has been
completed upon terms which will secure to the com-
pany a very fair profit upon the investment from the
time of taking possession. Between £16,000 and
£17,000 has already been paid on this account, and
about £25,000 more will be required for the comple-
tion of thepurchase. The directors contemplate effec-
ting considerable improvements upon the estate
by the erection of houses adapted to the wants
of the neighbourhood. Au advance of £3,000 has
been made by the Public Works Loan Commis-
sioners towards a loan of £6,000 on a mortgage of
the company's property at Southwark and Green-
wich. Further loans, to the amount of £48,000 in
all, have been promised upon mortgage of other
properties belonging to the company. A contribu-
tion at the rate of .1 per cent. per annum upon the
cost of the buildings has been charged to the debit
of profit and loss, together with the usual contribu-
tions to the leasehold redemption funds, and the
whole of the sum of £1,796 now standing to the
credit of revenue account is available for distribu-
tion as the profits of the past half year. The di-
rectors propose that the usual dividend, at the rate
of 5 per cent, per annum, shall be declared payable
out of this sum, leaving £327 to be carried forward.
The balance-sheet showed that £79,256 had been
expended to the 31st December last.

Superintendent Hoyt, of the New York and
Newhaven Railroad, and other officials of that line,
had some very uncomplimentary resolutions affect-

ing them, passed by the passengers by the express
train from New York to Springfield, while the cars
were detained in a drift for some 24 hours during
the storm of the 12th December, for neglect and
general inefficiency of management.
At the special meeting of the stockholders of the
Boston and 'Worcester Railroad corporation, held
in Boston, Monday, Dec. 16, President Ginery
Twichell presented the report of the directors, re-
commending that the stockholders should receive
one share in the Boston and Albany corporation,
and $lO in cash for each share of the Boston and
Worcester stock. While the directors did not think
that as much as the stockholders should receive,
they urged it as a compromise which would at

least promote the 'welfare of the new company.
There was but one dissenting voice.—a, stockholder
who did'nt think the " Legislature I'3lo acted as it
should."

The Boston and Lowell Railroad gill pay four
per cent. Dec. 31, the Boston •ai rd Providence