Due to the limit on the length of rodding from the box to facing points, 180 yards when the S&C was built IIRC, If the box was pit in the middle of the loop you had at most 300 yards between the trap going in and the exit signal, which allowing for the Midland's small engine policy and a Brake Van would mean about 35 wagons capacity. Any longer would need a second signal box thus doubling the operating labour cost, capital and maintenace costs of over that of a trailing siding. Additionally in those days the patents on various locking frames meant that companies often had to pay a license fee to the Patentee on a per lever basis, so the fewer you could get away with the better. It explains some of the minimalist approaches to signalling on Victorian railways and the weird and wonderful 3-D metal puzzles produced as interlocking by individual railways.