The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1843-02-28 00:00:00

RAILWAY INTELLIGENCE

NORTH MIDLAND RAILWAY,—The thirteenth half yearly
d of
R oXt hs2e -
meeting of the proprietors of the North Midland RailNaF
was held on Friday at the station at Leeds. The printed
accounts forintf
ft.hyee
ahra
ending
Lei ear ending
lied3ls
thbayDs3telhbesetee
emDsnbhe
December,
ffieximdelulibd3Bec7t4rtha7el
the accounts,
r,
oshowra
small diminution of receipts, as compared with the corres
7s 4d. and of expenditure £11,294. Bs, 4d. In makin this.
comparison it must be borne in mind that in 1841 theg cost
of locomotive power suPP
ham, and other companies, was included in
maxounting to £826. 4s
receipts. The nett profit for the half-year,
aarcrejeodr.dtiolnesffi.
whilsti
inaccthoeunitast,tiesr.:ser,iadit 10d. out o f whi c h gtththmoee di-
rectors
ttl:oeo;re
report,
to rectors recommend a dividend of 325. 6d. per
and a proportional amount on the fractional shares
10i Theyett dhhn . ee).
Itfb.yeeaprte'sseancteo:.onrtk.inglnofcotnhcolurdali3inieway
will bear a
recommendheolaidiatiout
tf
of
f farther t
eab
nebrda
ittahhaaeet
ert,
ehtmeh
aai
itnacd.zoe3mrooo,e
at
ot to
t a hn ed
saf nexte t hy a,
the directors assure the proprietors, that in
comparison with that of any former period.
TAFF VALE RAILWAY.—The half-yearly
Company was held at Cardiff on Tuesday ;STree
jting of this
M.P., in the chair. The directors declared (run Guest,
their inability
to pay !rectors, by a dividend, assigning the badness of trade
principal cause. It was also stated that the d' as the
an
unanimous resolution, had agreed to dispense with the services
of Mr. Burgess, the superintendent and secretary. The
discussions urned chiefly upon the dismissal of
and various proprietors spoke strongly in f Mr. Burgess,
mittee of enquiry being appointed to investigate
of a cora-
against that gentleman. These charges w the charges
directors to consist of disadvantageous c were stated by the
been entered into permanentni
contracts which had
for maintaining the way, and °silo of Mr. Burgess
which in unnecessary expence to theme other things
directors did not allege that Mr. company. The
Bur
honestly—errors of judgement rathergess had acted dis-
having caused the losses. Two amend than of intention
volving a general inquiry into the affair meats were put in-
into the dismissal of Mr. Burgess, buts a the company and
the report of the directors was aPiatov dthey were lost, and
took place on a substantive resolution The last division
appointed to investigate the general affairs that a committee be
On a show of hands there appeared of the company.
against it 15. A poll being deancl for the motion 17.
877 sbares ; against it 1252 ; i .was ed there appeared for it
consequently lost.
SOUTH WESTERN RAILWAY
the hay.yearly general meeting of shareholders
Saturday
undertaking was held at Nino E? shareholders in the above
report, and for the declaration fms, to receive the directors'
Chap-
lin, chairman of the board of a dividend. Mr. I'.
minutes of the last meeting having-been'3directors, presids.d. The
Mr. A. :Morgan, the secretary, read and confirmed,
the proprietary ry, read the report, which con-
gratulatedaffairs. The half-year's on the improving state of their
a surplus of £19,00
accounts, to the 30th of June, ex-
hibitedmonths an equivalent i revenue, and during the last six
greater part of which increase had been maintained, the
had arisen from the transit of pas-
sengers. The gross revenue
balance of £515 65. 7d for the half-year (including a
from the former account, and £857
13s. Id. for rent, interest,
and pier dues) amounted to
£173,630 Ils. 4d. Whilst
the directors had succeeded thhlereitdracone
thhaed thus
diintcrteeasteic3l,
proportion of the working expenses to the ersePceel)ptsuha,vorsine
been reduced from about 39 to 351 per cent. The directg
recommended the payment of a dividend of .fl 126. 6d. per
share, subject to income tax. This would require a sum of
£72,827 125., leaving a balance of £6BlB Is. 10d• to be car-
ried to the next account. Tbe chairman observed that the
report possessed so little of novelty as not to all for
admit that the much
explanation. The proprietors would pro-
spects of the company were far better than
fl had been antici-
pated some time back. The traffic. chiey in
had increased about £33,672 over that of the former year.
He had reason to believe that when the West India Steam-
packet Company should extend their operations the railway
would obtain a large accession of goods traffic. With re-
spect to expenditure, it would be satisfactory to the propri-
etors to know, that while the bus,ness bad increased, the
expense of working the line had diminished. During the
last year the trains had travelled 45,462 miles, and a saving
of £5OOO bad been effected. The company's stock of en-
of
carriages, and machinery of every description was
ample and sufficient, and nothing had been charged for
capital on account of the locomotive department. On the
question that " the report be received and adopted" being
proposed, a long discussion took place, some proprietors
complaining that there could not be a larger dividend, which
they attributed to unnecessary expense In the management,
whilst other shareholders objected to the delay in declaring
the dividend so long after the accounts were nrade up
Satisfactory explanations having been given on these and.
some other points of minor interest, the
to report was adopted
unanimously. Thanks were then voted the chairman
the meeting separated.

A EAT PLICASANT 11l POILTATiON..—We find the follow-
.." Dayssage in the Belgian Journal do Commerce:--" The
i.'" 1. h ship Orissa has brought us a quantity of rats from
ng ys rho are of the size of a common cat ; several of
Manilla.
them escaped and have been killed on the quay. They are
;0 numerous that if a workman leaves any part of his clothes
in a coroner they are immediately devoured."—Query. Do
these Brolglipag rats devour the workmen's tools as well as
cloth"?