| Stock | 5 | 58,973 120,120 | North Western of Uruguay Ordinary | | | Stock | nil | ---- 293,172 | North Western of Uruguay 2nd | | | Preference Stock | nil | ---- 583,850 | North Western of Uruguay 1st | | | Preference Stock | 2 | 11,677 400,000 | North Western of Uruguay 1st | | | Debenture Stock | 6 | 24,000 38,375 | North Western of Uruguay 2nd | | | Debenture Stock | 6 | 2,302 100,000 | Uruguay Northern Railway Ordinary | | | Shares | nil | ---- 250,000 | Uruguay Northern Railway Preference | | | Stock | 1 | 2,500 449,400 | Uruguay Northern Railway Debenture | | | Stock | 3-1/2 | 15,729 56,162 | Uruguay Northern Railway Prior Lien | | | Debenture Stock | 5 | 2,808 125,000 | Uruguay East Coast Railway Ordinary | | | Shares | nil | ---- 184,980 | Uruguay East Coast Railway | | | Debenture Stock | nil | ---- ------------+-------------------------------------| |--------- £14,044,089 | | | £599,009 ------------+-------------------------------------+----------+--------- _Central Company._--By far the most important system is that of the Central Company, including leased and worked lines. The lines of this system extend from the capital to the frontier of Brazil at Rivera, with branches to the city of Mercedes in the west, and the towns of Melo, Treinta y Tres, and Minas on the Eastern and North-Eastern Extension. The railway from the capital passes through a well-populated agricultural district for a radius of about thirty miles; this radius is gradually extending, stimulated by the increasing importance of Montevideo and the gradual breaking up of lands in the fertile regions of the western and eastern extensions. The extension now finished to Melo opens up another district suitable to the cultivation of cereals, from which considerable traffic is being derived.