CANALS. 



91 



pays some dividend, while as much as 4147 per cent, still pays more than 3 

 per cent, interest : — 



Table showing for the Year 1898 the Amount of Ordinary Stock classed according to the 

 Rate per Cent, of Dividend Paid, in respect of Canals and Navigation, in England 

 and Wales, Ireland and the United Kingdom, not belonging to Railway Companies. 



The following comparison between the dividend-paying power on the 

 ordinary paid up capital of the canals of the United Kingdom, the canals of 

 Ireland, and the Irish railways, will make it clear that the canal, even under 

 the most crippling conditions, is not yet in these countries a negligible quan- 

 tity in the matter of merchandise and mineral transport : — - 



Statement showing for the Year 189S* the Proportion per Cent, of the Ordinary Capital 

 of the Canals of the United Kingdom, the Irish Canals, and the Irish Railways, 

 respectively, upon which (I.) No Dividend was paid, and (II.) Dividends were paid, 

 classified according to the Rates of Interest. 



The latest year for which full Canal returns are available. 



