The following shows the capital of the respective companies and length of lines:

MileageCapital.
Open.£
Central Uruguay Railway, including Western Extension and
North Eastern of Uruguay Railway Co., Ltd.4825,403,018 }worked by
Central Uruguay Eastern Extension Co., Ltd.2772,033,400 }Central Uruguay
Central Uruguay Northern Extension Co., Ltd.1821,627,150 }Railway Co.
Midland Uruguay Railway Co., Ltd.2292,378,462
North Western of Uruguay Railway Co., Ltd.1111,435,517
Uruguay Northern Railway Co., Ltd.73855,562
Uruguay East Coast Railway78309,980
Total1,43214,044,089

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 415 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.£
2,000,000Central Uruguay Ordinary Stock5100,000
400,000 " " Preference Shares51222,000
953,018 " " Debenture Stock657,181
1,000,000 " " Western Railway Extension Debenture440,000
250,000Central Uruguay 2nd Debenture Stock615,000
400,000North Eastern of Uruguay Preference Shares728,000
400,000North Eastern of Uruguay Ordinary Shares728,000
775,000Central Uruguay Railway Eastern Extension Ordinary Shares33429,062
775,000Central Uruguay Railway Eastern Extension Preference Shares538,750
483,400Central Uruguay Railway Eastern Extension Debenture Stock524,170
1,000,000Central Uruguay Railway Northern Extension Ordinary Shares33437,500
627,150Central Uruguay Railway Northern Extension Debenture Stock531,357
600,000Midland Uruguay Railway Ordinary Stocknil——
600,000Midland Uruguay Railway Prior Lien Debenture Stock5300,000
1,179,462Midland Uruguay Railway Debenture Stock558,973
120,120North Western of Uruguay Ordinary Stocknil——
293,172North Western of Uruguay 2nd Preference Stocknil——
583,850North Western of Uruguay 1st Preference Stock211,677
400,000North Western of Uruguay 1st Debenture Stock624,000
38,375North Western of Uruguay 2nd Debenture Stock62,302
100,000Uruguay Northern Railway Ordinary Sharesnil——
250,000Uruguay Northern Railway Preference Stock12,500
449,400Uruguay Northern Railway Debenture Stock31215,729
56,162Uruguay Northern Railway Prior Lien Debenture Stock52,808
125,000Uruguay East Coast Railway Ordinary Sharesnil——
184,980Uruguay East Coast Railway Debenture Stocknil——
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£14,044,089 £599,009