CLEATOR AND WORKINGTON
JUNCTION RAILWAY COMPANY.
The half yearly report of this company has just been issued as follows:
The directors feel satisfaction in referring to the satisfaction in referring to the continued improvement of the revenue which enables them to recommend a dividend for the half year at a rate of 4 1/2 per cent per annum (less income tax), leaving £492 7s 11d to be carried forward.
The Rowah Branch was opened for minimal traffic on the 1st of May. The bill promoted by the directors in the present session of Parliament for an extension of the Railway northwards and other purposes, passed through the House of Commons with certain modifications, but was thrown out in the Upper House. The decision is much to be regretted in the interests of this Company, as well as the district generally. The retiring directors are:
Mr. R. A. ROBINSON
Mr. C. J. VALENTINE, all of whom are eligible for re-election. The retiring auditor is Mr. J. W. PICKARD, who is also eligible for re-election.