The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-02-04 00:00:00

were £12,537 13s. id. ; the expense of working the line,
£3,523 19s. 4d. ; leaving a balance of £1',964 17s. 2d. for a
reserved furid. The directors were happy to report that the
cost of working the line and maintaining the establishment,
amounts to less than one-third of the income. Since the
commencement 84,991 persons have travelled upon the line,
none of whom have received the slightest injury. The second
line of rails from York to the Leeds and Selby railway will
be completed in about two months. The works on the
southern part of the line are generally in an advanced state,
and it is the expectation of the directors that it will be
opened concurrent with the North Midland before the end
of June next. From the statement of accounts it appeared
that the entire receipts of the compaay were £322,447 18s. Bd,
and that the expenditure had been £319,064 Os. 7d. leaving a
balance in the banker's hands of £3,383 19s. Id.

LIVERPOOL AND MANCHESTER RAILWAY.
The revenue and profits derived frum the working of the
Liverpool and Manchester•line. in each half year from the
beginning of 1836 to the 30th of June, 1839, have been as
follows :

Revenue. Profits.
Half year ending 30th June, 1836 .... £109,355 .. £39,402
31st Dec. • ... 125,280 .. 45,651
11
?, 30th June, 1837 .... 105,951 .. 35,762
31st Dec. 120,081 47,148
PP
1/ 30th June. 1838 .... 123,610 .. 46,566
~ 31st Dec.
.... 136,693 .. 55,714
30th June, 1839 .... 123,814 .. 48,211
The increase in 1838 over the receipts of former years is re-•
markable. There was but little difference between the two
preceding years ; but the traffic of 1838 shows an advantage
over either of those two years to the extent of 20 per cent.,
and the revenue of the first half of 1839 has more than kept
pace with the corresponding portion of 1838.

CHESTER AND BIRKENHEAD RAILWAY.
We understand that arrangements are in progress, and
may be said to be completed, between the Grand Junction
directors, and the directors of this company, which will en-
sure a direct passenger traffic from Birkenhead to London.
It will embrace four first-class trains every day—two in the
morning and two in the evening. The works are fast pro-
gressing towards completion. The viaducts at Moston and
13roinborough are proceeding most satisfactorily, and the
brick work and masonry on the whole line is nearly all com-
pleted. It is expected to be open for passengers and traffic
by the end of the month of July.—Chester Chronicle.

WEEKLY RETURNS OF RAILWAY TRAFFIC
(Prom the Railway Magazine.)

NAME. Passer'. I Cash. P.mile P.mile Passeng.
gers. I pr.wk.J). day. per day.
Birmingham — 109371 9741 13
South Western — 1893 32/ 41
Great Western ... : 2100 68* 94
Greenwich 21900 754* 199 281 31284
Manchester& Leeds 9563 582 43 6 1366
Binning. & Derby — 700 18* 24
York &e'N. Midland 1631 , 3594 18 21 233
Croydon
...
Midland Counties 23694 241 151 2 3381
Eastern Counties 3412 -- 487%
Glasgow & Ayr - 12081 644 6* 1 2011
Miter. _____ ...... i..._ ..._

MEETING OF GRAND
PROPRI

JUNCTION RAILWAY
,lETORS.

A general meeting, numerously attended, of the proprietors
of the Grand Junction Railway, was held on Friday last, at
the Cotton Sale Room, Exchange Buildings, John
Moss, Esq. in the chair. From the report, which was read
by the treasurer, Mr. Chorley, it appeared that the gross ii►-
come for the half-year ended December 31st, was,—
From Coaching, conveyance of parcels and s d
mails
~ Carriage of live stock 3,607 5 8
Goods, general traffic, and tolls

Making a total gross receipt of £226,684 la lo
The coaching traffic, it is stated, exceeds by £26,066 2s
that of the corresponding period of 1838. The merchandise
traffic, although more than double the amount received during
the same part of 1838, has not greatly exceeded the amount
in the half-year ending in June last, which may be partly
ascribed to the pressure under which the commerce and manu-
factures of the country have lately been labouring. The cost
of locomotive power for the last half-year, on a receipt of
£226,684 15s 10d only exceeds by £2,113 5s ld that of the
Previous half-% ear, when the receipt was £188,962 16s, in-
cluding, as it does, the charge for four engines, which have
been thoroughly rebuilt at an expense of more than £l,OOO
each, and are equivalent to new engines, and, indeed, better
than they were when first purchased. The increase in the
consumption of coke, as compared with the previous six
months, is only £647 is lld although the public service has
required the addition of another train each way daily during
the last half-year ; and a greater number of miles have been
run by the engines in consequence. -The whole expenses
amount to £107,880 lOs sd, or about 471 per .cent. on the
gross receipt ; making, with £10,259 Gs 9d the interest on
loans, a total of £118,139 7s 2d ;—which, deducted from
£233,256 14s 6d the sum of receipts and balance from the
last half-year, leave a net surplus of £115,216 17e 4d. This
would enable the meeting to declare a dividend at a higher
rate than the directors are prepared to recommend, taking
into consideration the dividends which will be required on fu-
ture calls ; and the importance of reserving a fund to meet
unforeseen claims, or times of commercial depression, which
might reduce the income of any single half year ; and they
therefore recommend to the proprietors the declaration
of a dividend of seven per cent. leaving a surplus of £15,863
is 4d ; of which £5,863 Is 4d might be carried towards the
account of the current half-year, which is usually a period of
less receipt, and £lO,OOO reserved to meet such contingen-
cies as have been alluded to. The directors then report that
the differences between them and the Manchester and Bir-
mingham Extension Companies have been amicably and sa-
tisfactorily arranged, and that an amalgamation of the Chester
and Crewe Company with the Grand Junction Company has
been decided on, on the following terms, viz :
For every £5O paid up in the Chester and Crewe Railway
Company, the holder is to receive one £25 share in the
Grand Junction Railway Company.
" Parties holding shafes in the Chester and Crewe Railway
dissenting' from these terms, to be paid off at a fair remune-
ration, to be fixed upon hereafter.
" Soul& any dispute arise from this agreement, or from
Unforeseen circumstances, the same to be settled by reference."
The construction of the line has cost in
Engineering, surveying, parliamentary, legal,
and general expenses ; construction of line •
and works, stations, land, and compensa-
tion, rails, chairs, &c.
Licomotive engines and tenders, and loco-
motive establishment ; carriages, waggons,
trucks, and horse boxes, and buildings and
establishments for these departments ....
Purchase of Warrington and Newton line..
Arrears of calls on half-shares, less Warring_
ton and Newton interest not applied for..
Interest on loans

217,227 6 5
65,112 7 4

1,161 17 0
22,270 18 3

X 902,491 1 1
After an able and interesting address from thel, chairman, and
some desultory conversation which led to no result, the re-
port was received and adopted, and a dividend of £7 per
share for the half-year, as proposed by the directors, declared,
and ordered to be paid. The proceedings then terminated.

TIDE TABLE. '
"(vs. Mrn. Ern. Height. I Sundays, Holydays, 6e.
Tuesday 4 0 0 022 17 8
Wednes. 6 028 i 043 18 5
Thursday 6 1 1 122 18 2
Friday 7 138 157 17 6
Saturday 8 216 237 16 8
Su
dap 9 249 311 15 G 51h Sunday after Epiphany
Monday 10 339 4 3 13 8