Chambers's Edinburgh Journal, No. 459
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On anassumption that the traffic inwards was equal to that outwards, thereceipts for passengers during each of the first six weeks averagedL. 52, 14s. This was exclusive of excursion trains, of which onecarried 500 persons, another between 500 and 600, a third 1500; and soon. It was also exclusive of goods and mineral traffic, which areexpected to give at least L. 1000 per annum. The result is, that thisrailway appears likely to draw not much under L. 4000 a year--a sumsufficient, after expense...s are paid, to yield what would at almost anytime be a high rate of percentage to the shareholders, while, in thepresent state of the money-market, it will be an unusually ampleremuneration.
We have instanced this economically-constructed line, because we haveseen it in operation, and can place reliance on the facts connectedwith its financial affairs. Other lines, however, more or lessadvanced, seem to have prospects equally hopeful. A similar branch isabout to be made from the same main line to the town of Leven.
What to read after Chambers's Edinburgh Journal, No. 459?
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To quickly assess the difficulty of the text, read a short excerpt:
On anassumption that the traffic inwards was equal to that outwards, thereceipts for passengers during each of the first six weeks averagedL. 52, 14s. This was exclusive of excursion trains, of which onecarried 500 persons, another between 500 and 600, a third 1500; and soon. It was also exclusive of goods and mineral traffic, which areexpected to give at least L. 1000 per annum. The result is, that thisrailway appears likely to draw not much under L. 4000 a year--a sumsufficient, after expense...s are paid, to yield what would at almost anytime be a high rate of percentage to the shareholders, while, in thepresent state of the money-market, it will be an unusually ampleremuneration.
We have instanced this economically-constructed line, because we haveseen it in operation, and can place reliance on the facts connectedwith its financial affairs. Other lines, however, more or lessadvanced, seem to have prospects equally hopeful. A similar branch isabout to be made from the same main line to the town of Leven.
What to read after Chambers's Edinburgh Journal, No. 459?
You can find similar books in the "Read Also" column, or choose other free books by Various to read onlineMoreLess
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