Letter to George Carr Glyn, Esq., M.P., Chairman of the London & North Western Railway Company, on Some Points of Railway Management, in Reply to a Late Pamphlet ... |
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Letter to George Carr Glyn, Esq., M.P., Chairman of the London & North ... Mark Huish No preview available - 2018 |
Letter to George Carr Glyn, Esq., M.P., Chairman of the London & North ... Mark Huish No preview available - 2015 |
Letter to George Carr Glyn, Esq., M.P., Chairman of the London & North ... Mark Huish No preview available - 2022 |
Common terms and phrases
31st Dec Amount received average Birmingham Company Canal Company capital Capt Captain Huish Carriers Carrying Stock Cattle cent Class Carriages collection and delivery comparison conducted cost Deduct Directors ditto dividend Eastern Counties Company ending 30th June Engines enquiry EUSTON STATION existence expended Express trains five half GEORGE CARR GLYN Grand Junction Canal Grand Junction Railway gross earnings Guarantees half-year JOHN WHITEHEAD Liverpool Liverpool and Manchester Locomotive power London and Birmingham London and North loss Manchester Merchandise account Merchandise Charges Merchandise Receipts Merchandise trains mileage run mingham Mixed Trains North Western Company North Western Railway pany Parliamentary Passenger and Merchandise Passenger traffic Passenger train preceded the amalgamation profit proportion Proprietors question Rail RAILWAY MANAGEMENT rate of expenditure receipt per mile remunerative revenue Robert Stephenson Second Class senger shew shewn South Eastern Railway speed tons of Passengers trade trucks waggons weight Western Railway Company whilst
Popular passages
Page 10 - Under every head of charge, by referring to the accounts of the London and Birmingham, the Grand Junction, and the Liverpool and Manchester Companies...
Page 17 - ... company where shares were considered by its directors to have fallen too low in the market, they could set the matter right easily. There were plenty of shrewd people at the time waiting with money to find investments. "Give them a statement such as they require, and such as any city accountant . . . would prepare, in a form that the simplest tradesman might understand it, and forthwith they will bid within a fraction of the true value of the shares.
Page 23 - Come, Antony, and young Octavius, come, Revenge yourselves alone on Cassius, For Cassius is aweary of the world ; Hated by one he loves...
Page 17 - ... and these accounts are not given, it is naturally inferred that the market would not be benefited by the prospect they would indicate ; and hence, that, although the end cannot be known, there is a certainty, at all events, that it has not yet been reached. If there is a single Company that is considered by its Directors to have fallen too low in the market, they can set the matter right. There are plenty of shrewd people at this moment, notwithstanding the hardness of the times, waiting with...
Page 6 - Revenue accounts of the London and Birmingham, the Grand Junction, and the Liverpool and Manchester Companies during the same five half-years contain the following totals (debits) to revenue — 1843.
Page 19 - In laying before you the following remarks, I have thought it desirable to extend my observations to the construction of permanent way generally, with the view of determining the best mode of carrying out the renewals upon the Southern Division of your railway, which have become necessary at a period of time earlier than I had anticipated, consequent upon the comparatively new circumstances of the great increase not only in the weight, but in the speed of the engines. I would here remark, that when...
Page 20 - ... about to run upon your line, that at any rate the builders do not consider that they have as yet reached the limit of their scale. The rapid deterioration of the permanent way, however, about which there can be no doubt, raises the question whether the speeds already attained have not approached the economic limit to which Mr. Robert Stephenson refers. If this be the case, railway companies must look to a considerably increased outlay in the shape of renewals of permanent way. It may be financially...
Page 15 - ... per train-mile. 5 Huish, Letter to George Carr Glyn . . ., 8. See Appendix, table 51 (2). The total balance of profit is the point to look at, and although a percentage of working expenses is to some extent a useful guide, for ordinary purposes it would lead to error if adopted as a general test. . . . quantity is the essential element of Railway success. Without this, rates, however high, will never return a large profit . . ,i Huish's views were convincing, and were generally praised in the...
Page 14 - ... circumstances will permit. Railway Companies do not voluntarily prefer low to high charges, if the latter can be obtained. The question is, are the Coal Rates remunerative or not? That they are too low is admitted, and nothing but the bulk conveyed can make them answer . . . The amount of profit has nothing to do with the argument. I have a right to assume that the highest obtainable rate is charged, and this being so, the trade should be carried on so long as any margin of profit remains, even...
Page 20 - It is evident that, in all renewals, increased weight of rails and increased dimensions of the materials generally, must be adopted to meet the increased duty required.