On 9 November 1865 mineral traffic started on the Swansea line, although volumes were small at first.Denman; in a caption to an image on page 73 he says that "goods" traffic started in January 1866. MacDermot agrees January 1866. The failure of the financing scheme had forced the Llanelly company into borrowing at high rates of interest. Moreover, the poor income on the Carmarthen line further reduced the company's trading situation. The New Lines section of the Llanelly Company, which was separately financed, was plunged into financial difficulty, and it went into administration in January 1867.
