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COPY.
240
Précis of the Prospectus of the Canton-Macao Railway Company,
Capital $6,000,000.
1.
2.
3.
Limited.
The Railway Company is independent of the Yueh-Han Line and
is a private enterprise sanctioned by the Board of Com-
-munications.
The route to be traversed is as follows:-
First Section. Fong Tsun (Canton, Ping Chou, Sam Shan, Chen
Taun, Tai Liang, Yung Kee, Kuei Chou, Shekki (Heung Shan);
Second Section, from Shekki through Shang and Hsia Cha to
Chien Shan on the Macao frontier.
It is proposed later to run a branch line from Chen Tsun to Kongmoon via Wang Lien, Luk Lou, Lung Kong, Lung Shan, Kun Chuk and Kow Kong. The two lines are over 350 Chinese li in
length.
4.
The present scheme comprises only the FIRST, or Canton-
Heung Shan Section of the Railway.
5.
6.
eidmuonuil enT
7.
.yzatorosë Isinolo) sut.
·
8.
Shares are of the nominal value of 5,00. They are of two
kinds, namely, Preference, which are issued at $4.00 and purchasable in one payment, and Ordinary Shares payable in full in two instalments of 82.500 each.
The First Section measures 175 li and the cost of its con-
-struction is estimated at $5,250,000 being at the rate of 830,000 per li. This high figure is due to the number of
bridges required.
The estimated cost of rolling-stock, ferry launches, wharves, telegraphs, telepones, etc., is $750,000 which, with cost of construction, brings the total to $6,000,000.
The receipts should compare favourably with those of the Samshui Railway (a purely passenger line 99 li in length) which amount to $2,000 daily, since, in addition to passenger traffic, the Macao line should derive a large revenue from the carriage of silk and other goods. It is
estimated
i