Its train mileage in the year ending the 30th June, 1866, was 2,259,881 miles. The gross receipts for the year ending the 31st December were £1,252,962, showing an increase of £77,872 over 1865. The receipts per train mile in 1865, were 10s. 5d.; in 1866, 10s. 11d. The expenditure per train mile in 1865, was 6s. 2d.; in 1866, 6s. 4½d. For the half-year ending the 30th of June, 1867, the net receipts amounted to £530,568, being at the rate of £6. 9s. per cent. per annum on the whole of the paid-up capital of the company. As the guaranteed interest of the half-year advanced by the Government amounted to £398,452, the surplus profit was £132,116; but, in consequence of the accidents that had occurred to the works, it has been decided by the shareholders that no more than at the rate of 5 per cent. per annum, shall be divided among them for the present. The Great Indian Peninsular Railway must always be liable to heavy cost, and occasional interruptions to its traffic, in consequence of several of the districts through which it passes being subjected to severe and sudden floods. At Bombay, the annual rainfall is about 85 inches (more than three and a-half times the rainfall of London), and although at other places on the line it is considerably less, it is nevertheless as high as 255 inches at Matheran, and as high as 265 inches at Mohableshwar. It may be that the works on the railway, as a whole, have not been constructed sufficiently with a view to this fact, but, from whatever cause proceeding, several serious disasters to viaducts and bridges have recently taken place; and, we regret to perceive, by a minute of the Governor-General in Council, that these disasters are attributed to original defective construction. It also appears, by the latest reports from India, that as many as seventeen bridges on the unopened portions of the Nagpore Extension have been condemned by the company’s engineers. But might not this fact have been avoided if they had done their duty in the first instance?