and cabs get a fair share. The railways were said to have struck a death-blow at the ordinary vehicle traffic, but such did not prove to be true, and, wherever tramways have opened there has been no decrease in the numbers of cabs - Leicester for instance. Since the company have been running per timetable, the bus proprietors have done the same thing along St. Ann's Well-road, and with good result. For the comfort of the shareholders of the company, it may be stated that the directors will no doubt pay in July (with the interim dividend paid in February), a dividend at the rate of six per cent per annum. When this is taken into full consideration - that is to say, when all the difficulties are duly allowed for, and it is remembered that only a portion of the line is as yet opened - the result is most satisfactory. Indeed all the shares are now quoted at two per cent premium with few vendors. As to the character of the company, I think it is not undue flattery to say that it is efficiently and economically managed as the staff is limited to the mere necessary officials, and the directorate is small. Considering the rail employed is one that is sure to result in great saving to the shareholders, seeing that there will be little or no cost of repairs, and taking into consideration also the fact that the tramway route is populous, and the working expenses small, there is every reason to prophecy success to the company . . . As far as we can make out the estimated weekly receipts of the Tramway Company amount to about £350, and in Whit week we believe as much as £430 was taken, for which upwards of 50,000 people were carried. Taking £350 as the average weekly receipts gives a total of over £17,000 in a year, which is a very large sum indeed for the present branch of tramway service in a town of such proportions as Nottingham . . . There are 212 cabs in the town, so that estimating the earnings at but £2 per week there is a total of £424 weekly, or £20,000 a year. Taking the above as a very moderate estimate, and making a little allowance for omnibuses, 'carriers' carts, &c., it is fair to suppose that at least £40,000 a