The Great Western and South-western Railway Companies have fol- lowed
the example of the North-western, and published minute accounts of their financial position.
The Great Western Company sums up its expenditure to the 30th Jane 1848, at 11,311,0691.; and estimates its further requirements at 4,137,9131.—total capital, 15,448,9131. It supposes that the traffic will continue to yield the same rate per mile on the 296 miles which will be opened when the whole capital is spent, as at present; and that its revenue, after deducting 40 per cent for working expenses, will then yield a net slim of 883,1001. This sum will give a dividend of 61. 10s. per cent on the presumed full capital. The Oxford and Cheltenham and the Cornwall Railway are to rest in abeyance.
The South-western accounts are not quite so clear or full. The result held out to the shareholders is, that the net revenue will give a dividend of 61. per cent on a share capital of 6,471,7031.; bat this result implies an increase of 2,4951. [about a seventh] in the weekly receipts.
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