The amount of interest, &c., paid on the above capital may be seen in
the table on the following page, which is equal to rather over 4-1/5
per cent. on the whole capital of £13,444,089.
The railway system of Uruguay may be said to be represented by the
following companies:
The Central Uruguay Railway and its allied lines.
The Midland Uruguay System, which joins that of the Central and forms
a means of communication with the cities of Paysandú and Salto, with a
branch to the town of Fray Bentos, now almost completed.
The North Western of Uruguay, continuing the railway from Salto to the
frontier of Brazil at Cuareim.
In addition there are the short lines in the nature of branches--that
of the Northern Uruguay Railway Company, branching from the
North-Western system at Isla de Cabellos connecting with the frontier
of Brazil at San Eugenio; and the Uruguay East Coast Railway from a
junction with the North-Eastern Uruguay system at Olmos to Maldonado,
a distance of seventy-eight miles.
------------+-------------------------------------+----------+---------
£ | Interest paid on Capital. | Per Cent.| £
------------+-------------------------------------+----------+---------
2,000,000 | Central Uruguay Ordinary Stock | 5 | 100,000
400,000 | " " Preference Shares | 5-1/2 | 22,000
953,018 | " " Debenture Stock | 6 | 57,181
1,000,000 | " " Western Railway | |
| Extension Debenture | 4 | 40,000
250,000 | Central Uruguay 2nd Debenture Stock | 6 | 15,000
400,000 | North Eastern of Uruguay Preference | |
| Shares | 7 | 28,000
400,000 | North Eastern of Uruguay Ordinary | |
| Shares | 7 | 28,000
775,000 | Central Uruguay Railway Eastern | |
| Extension Ordinary Shares | 3-3/4 | 29,062
775,000 | Central Uruguay Railway Eastern | |
| Extension Preference Shares | 5 | 38,750
483,400 | Central Uruguay Railway Eastern | |
| Extension Debenture Stock | 5 | 24,170
1,000,000 | Central Uruguay Railway Northern | |
| Extension Ordinary Shares | 3-3/4 | 37,500
627,150 | Central Uruguay Railway Northern | |
| Extension Debenture Stock | 5 | 31,357
600,000 | Midland Uruguay Railway Ordinary | |
| Stock | nil | ----
600,000 | Midland Uruguay Railway Prior Lien | |
| Debenture Stock | 5 | 300,000
1,179,462 | Midland Uruguay Railway Debenture | |
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