The Press. — London, England, 1856-08-02 00:00:00

Auceirsi g, 18564 THE EUROPEAN and INDIAN JUNCTION TELEGRAPH COMPANY.—Limited. (From Selenoia to the Persian Gulf.) Uniting the lines of the English and Continental Telegraph Companies with the Electric Cablepf the Hon.Eaat India C ompany,from Kurrachee to the head of the Persian Gulf.—Oilices: Gresham House, Old Broad street. —To be incorporated by Act of Parliament—Capital, X 200,000. i n 20,000 shares of 101. each ; with power to increase. One•half of the Shares to be allotted to the Scripholders in the Euphrates Valley Railway Company, in the proportion of one Share in the Telegraph Company for every rive Shares in the Railway Com pany. he Directors feel assured of obtaining a Concession from the Ottoman Government, with the necessary powers and privileges. From the arrangements now in progress, a settled income may be expected on the Capital of the Company.— Deposit, 10a. per Share. CHATBMAN. _ _ W. P. ANDREW, Sounds Ch Railway airman Companiesof the Euphrates Valley and . DIRECTORS. WILLIAM AINSWORTH, Esq., F.G.S. and F.R.G.S., late Geologist and Mineralogist to the Euphrates Expedition PHILIP ANSTRUTHZR, Esq., late Secretary to Government, Cep lon, and Deputy-Chairman Ceylon Railway Company HARRY BORRADAILE, Esq., late Bombay Civil Service, and Di rector of the Euphrates Valley Railway Company Sir JANE, CARMICHAEL, Bert., Chairman of the Submarine and Member of the Mediterranean Telegraph Companies GEORGE B. CARR, Esq., 5, Lawrence Pountney place Colonel A. Corrox, late Chief Engineer, Madras Captain H. B. LYNCH, C. 8., 1.N., late Commanding on Eu phrates and Tigris Sir JOHN MACNEILL, LL.D., F.R.S., Engineer in Chief of the Euphrates Valley Railway Sir T. HERBERT MADDOCK, M.P., late Deputy-Governor of Bengal, and Director of the Scinde Railway Company Major J. A. MOORE, F.R.S., Ex-Director of the Hon. East India Company and Director of the Provincial Bank of England FRANCIS HORSLEY ROBINSON, Esq., late Chairman, Board of Revenue, Upper India, and Director of the Scinde aud Eu phrates Valley Railway Companies Tifolus WILLIAMS, Esq., Director of the Scinde, Euphrates Valley, and other Railway Companies AUDlTORS—Lieut..Colonel H. B. Henderson, late Officiating Military Anditor-General, Bengal ; J. Edmund Anderdon, Esq., Director of the Bank of London. BANKERS—Messrs. Glyn, Mills, and Co. SOLICITOR—J. A. M. Pinniger, Esq. SECRETARY—L. W. Raeburn, Esq. The Hon. East India Company has determined to lay a Tele graphic Cable from Rurrachee to the head of the Persian Gulf. The Austrian Government has established a Company with the requisite capital, paid up and guaranteed by the State, for constructing and laying down a Submarine Electric Telegraph, in connection with its land lines, from Cattara or Ragusa, on the coast of the Adriatic, touching at Cork, Ratite, and Candia, to Alexandria, and thence by Julia and Beyrout to Seleucia : and have just concluded a contract for the immediate execution of the work. The Austrian Company gives to the English Government and the East India Company a priority over the public in trans mitting their messages. The European and Indian Junction Telegraph Company is established with a view to continue the electric communication from Selene's, along the line of the proposed railway, by Aleppo, la'ber Castle, and the valley of the Euphrates, to the head of the Persian Gull, thus completing the only remaining link between India and England. The English Government will soon be able to communicate with Malta and Corfu, by a line to those islands from Cagliari in the Island of Sardinia, to which point the Mediterranean Electric Telegraph is advanced. From Cagliari the French and Sardinian Governments will have direct telegraphic communication with Alexandria and the East. Ali parts of India are, or are about to be, brought in telegra phic communication with Kurrachee, and the cable from thence of the East India Company to the head of the Persian Gulf, with the wires to be laid down by this Company, will bring India by nearly 2,000 miles nearer England and the Continent. When the Submarine and Indian systems meet at Releucia, the connection between the East and the West will be complete, and England, the Continent, and India, be in hourly commu nication. From the arrangements contemplated, it is certain that the best and safest telegraphic routes will be secured to this country. The Austrian Government has most strikingly evinced its in terest in this great undertaking, and its desire to maintain the potation as the medium of conanunication between other nations, by uudeitaking the completion of so ;arge a portion of the line. The British Government anti the Honourable East India Corn-- pan; duly appreciate the power of supervision and control put into their bands by the telegraph, binding together in one Cho isolated and distant dependencies of the Empire, and are pre pared to extend their countenance and support iu a fair and liberal spirit. The merchant and the shipowner are well acquainted with the inestimable value to them of the power of imparting and receiving prompt information. It is well known that heavy loss has been suffered by the Indian mercantile community through the non receipt of immediate news of the adoption of the Austrian pro positions for peace. The heavy contracts made in Calcutta and Bombay in January last for oil seeis, jute, and saltpetre, would have been prevented by a single message. But the grand source of revenue will be derived from the con stant desire to communicate which is felt by members of families when at a distance from each other; and, when it is considered how many thousands of families in England have some near relative in India, the revenue, it is believed, from this source alone will be very large. From the most reliable data that can be collected the Directors feel confident that, besides the pecuniary assistance that may be expected from Government and the Hon. East India Com pany, a highly remunerative return may be expected on the capital embarked. The Directors have the satisfaction of stating that they have secured the valuable co-operation and assistance of Mr. John Watkins Brett, the inventor and projector of the submarine telegraph Mr. O'Shanghnessy, superintendent of telegraphs in India, having already laid down in that country 4,000 miles of electric Wire with extraordinary economy and success, and as the cable in connection with the Indian system is about being carried from Kurrachee to Kurnah at the Lead of the Persian Gulf under his supervision, an application has been at!dressed to the Court of Directors of the Honourable East India Company with the view to secure the advice of this eminent and successful officer to this Company, so us to insure uniformity of design and manage ment throughout, from Calcutta and Peshawer, Bumba% and Madras to Seleucia. The Honourable Court have already inti. mated that they "would have no objection to the experience which he (Mr. O'Shaughnessy) has acquired in India being made available for the line through Asiatic Turkey." "The electric telegraph is the most beautiful and surprising Invention of the age, and nothing is more interesting than to learn its rapid progress and wonderful results. The telegraphs n America aro surpassed in length, solidity of construction, and THE PUESS. cheapness of working by those which within the last few years, while we at home have been debating and fighting on the East* ern question, have been carried over the length and breadth of India. From Calcutta to the Indus, to Bombay, to Madras, the messages of Government and individuals are speeded in a few hours at a most comparatively trifling. Ceylon is to be united to the mainland, and the time is already looked upon as near when the telegraph will cross the Mediterranean, run along the Red Sea and the coasts of the Indian Ocean (or rather by the Eu phrates and the Persian Gulf), and unite London and Calcutta in hourly communication. We cannot doubt that this work Mill be soon achieved, and that uo very long period will elapse before the wires extend to Canton and Shangnal, and perhaps, running from island to island, will stretch on to Sydney and Melbourne, and the great settlements of the antipodes."—Tiffies, June 16,184. One-half of the Shares in this Company are offered to the Scripholders in the Euphrates Valley Railway Company who may apply on or before tnd of August, in the proportion of one Share in the Telegraph Company for every five Shares in the Railway Company. The letter of application must be accompanied by the Scrip of the Euuhrates Valley Railway Company, which latter will be forthwith returned, after being certified. The Shares not so apporthled will be allotted to the publio who may have applied on or belore the above date. No call will be; made until the concession has been secured by the iirman of the Sultan, and the other arrangements contem plated by the Directors are completed. EUROPEAN AND INDIAN .11. JUNCTION TELEGRAPH COMPANY (Limited).—No application for Shares in the above Company can be received after this date. 2nd August, 18:%. L W. RAESURN, Secretary. Annual Division of Profits. GREAT BRITAIN MUTUAL LIFE ASSURANCE SOCIETY. 14, WATERLOO-PLACE. LONDON, and 30, BROWN STREET, MANCHESTER. Directors THE CHISHOLM, Chairman. CHARD HAiiil7Ei — iitiED:Esq" . .Til . derman, Deputy Chairman. This Society is established on the tried and approved prin riple of Mutual Assurance. The funds are accumulated for the exclu sive benefit of the Policy-holders, under their own immediate superintendence and control. The profits are divided annually, and applied in reduction of the current premiums. Policy holders participate in profits after payment of live annual pre miums. The Annual General Meeting was bed on the 28th May, 1858, when a highly satisfactory Report of the state of the affairs and progress of the Institutions was presented to the Members. During the last three years upwards of 1.201) new assurances have been effected, yielding au increase of premium income of more than 20,0001, per annum ; and, although a general high rate of mortality Las prevailed among assured lives during the last two years, it has not been deemed necessary to reduce, in the slightest degree, the allowances previously awarded to the policy-holders. The Members present at the Meeting were fully satisfied with the Report, and resolved unanimously that a reduction of 31i per cent. should be made in the current )enes Premium payable by all policy-holders now entitled to parrs .pate in the Profits. Credit is allowed for half the Annual Premiums for the first five years. A. R. IRVINE, Managing Director. 14, Waterloo-place, London, 2nd June, 1858. NORIVICH UNION LIFE INSURANCE SOCIETY. CAPITAL, 2,182,822: 9s. lid. President—Lieut.-Gen. Sir R. J. HARVEY, C.B. Secretary—Sir Samuel BIGNOLD, M.P. London Agent—C. J. ilunvoN, Esq. This Society has been established forty•seven years, durifig which period it has issued 29,344 Policies, and paid to the re• presentatives of 5,55 S deceased members upwards of 4,431,0141.; and 1,934, 3421. sterling has been assigned by way of Bonuses. To meet existing engagements, the Society possess funds amounting to nearly Two Mit:Lions Two HUNDRED THOUSAND POUNDS STERLING. There is no Proprietary to divide with the Assured the profits of this Institution, which is one of the very few purely Mutual Insurance OMee. The Estes of Premium are below those of most offices, and, at the age of forty-flve and upwards, not less so than ten per cent.—a benefit in itself equivalent to au Annual Bonus. One•half of the first five Anima Premiums may remain u a permanent charge upo.i the Policies granted for the whole duration of Life. No charge is made for Policy Stamps. Annuities are granted upon favorable terms. The sates for Survivorship and Special Contract InsuranSes have been lately greatly reduced. Chief Offices—Surrey-street, Norwich, and 8, Crescent, New Bridgeeitreet, Blackfriars, Landon. GLENFIELD PATENT STARCH USED IN THE ROYAL LAUNDRY. And pronounced by HER MAJESTY'S LAUNDRESS to be THE FINEST STARCH SHE EVER USED. Sold by all Chandlers. Orocere, &e. INDIA SHAWLS. Immense Purchases. FARMER and ROGERS having just cleared their late im• movie purchases, respectfully solicit attention to the largest Aeaortment of INDIA SHAWLS in England, comprising the latest designs in Cashmere, Gold Delhi, Remelt, Dacca, and Labors Shawls and Scarfs, the most economical and the most costly.—The GREAT SHAWL and CLOAK EMPORIUM, 171, 17s, 175, REGENT•STRE ET. SHOOTING SUITS, FISHING SUITS, WALKING SUITS, LOUNGING SUITS, SUITS FOR THE COUNTRY, SIMS FOR THE TOWN. The FORTY•SEVEN SHILLING SUITS, made to order from Scotch, Heather, and Cheviot Tweeds, all Wool and thoroughly shrunk, by B BENJAMIN, Merchant Tailor, 74, Begent•atreet. N.B. A perfect fit guaranteed. SHOWER and all DOMESTIC BATHS.— an extensive and complete Stock.—The best manufacture and lowest prices.—DEANE, DRAY, and CO.'S PA iiPHLET on BATHS and BATHING may be had GRATUITOUSLY on application and post free. It contains Engravings, with prices, of Shower, flip. Plunging, Sponging, and every description of Bath for family WO Shower Baths of improved construction. Patent Gas Tii.tbs, simple, efficient, and econowical. Estimates given for fitting up Bath-rooms.—DEANE. DRAY, ani CO. opening to the Monument), London-bridge. Established A.D. 1700. U NITY FIRE INSURANCE ASSOCIATION CAPITAL, TWO MILLIONS STERLING. CFIIEF OFFICES: Mont 81711 DINO*, $, CANNON STINT, Cll7. BRANC/I OFFICES. I, NEW COVERTRY STREET, LEICESTER &WARE. This Association offers advantages to Insurers such as are not to be found in any other existing Institution, including the Di vision of Two-Thirds of the Profits, thus eventually reducing most materially the premium for insurance. Fur additional particulars apply to THOMAS IL BAYLIS, Managing Director. PROGRESS OF BU Ist Year, ending September 28tb, IMSti 2nd Year, ending September 28th, 1854 3rd Year, ending September 2Stb, 1855 Nine Months, ending June 23rd, 1856 rslNEss. I Number of 1 Amount Paulin Watt Insured. 33,002 1t22,275,244 UNITY GENERAL ASSURANCE ASSOCIATION, For EVERY DESCRIPTION of LIFE ASSURANCE BUSINESS. On a new and important principle, this Association embraces the advantages of Building and Freehold Land Societies, in com bination with Life Assurance. CAPITAL, £500,000. CITIEF OFFICES: UNITY BUILDINGS, 8, CANNONSTREZT, CITY. BRACH Oh FICES: 1, Nlllll COTIINTHY STRZET, LincEerml COMPARATIVE TABLE, SHOWINO THE INCREASE OF LIVE ilns 4,277 1t2,898.994 10,107 7,428,018 10,671 7 548,468 7,747 4,891,"•48 Producing in Ann]. Prmi. :f8,09215 9 6,381 1 7 14,648 13 2 6.160 11 7 12,517 5 2 6,077 5 10 BUSINESS IN 211 K UNITY OENF.RAL. PERIOD. No. of let Year, coding Nov., 1851 9nd Year, ending Nov., 1852 .. Ard Year, ending Nov., 1464 4th Year, ending Nov., 1364 .. sth Year, eliding Noe., 1855 .. Six Mouths, eudin g June, 1646 Amount Assured. 623 OS 1,247 1320 R95,7n 196,8,4 266,460 193,:70 198,991 3,055 1,339,804) !,877 17 1 For Prospectuses and farther information apply to THOMAS H. BAYLIS, Managing Director. NEW PRINCIPLE IN BANKING. INTEREST TO CUSTOMERS IN PROPORTION TO PROVITS.-NON. LIABILITY Or CUSTOMERS SECURED BY ROYAL CHARTER. UNITY JOINT-STOCK MUTUAL BANKING ASSOCIATION. CHIEF OFFICES: UNITY BUILDINGS, CANNON STRAIT, CITY, LONDON. LEICESTER-bQUARE BRANCH: 1, NNW COYNNTRY STRAIT, LNICESTER SWANN. CAPITAL, 1300 000 Governor, J. J. MECHI, Esq., 4iptree-hill, Kelvedon, Essex. CURRENT ACCOUNTS.—lnterest at the rate of two per cent. allowed on the minimum monthly balances when the balance has not been below 3001. at any time 'luring the half- year ; one per cent. when the balance is below 301;1. DEPOSIT ACCOUNTS.—Deposits from 51. upwards are re• ceived from persons residing either in London or the country. The interest runs at one per cent. under the rate of discount at the Bank of England. LETTERS OF CREDIT AND BILLS OF EXCHANGE. Payable at all parts of the Continent, issued to Customers. Also Post Bills payable to bearer in any part of the Kingdom. (By order) GEORGE CHAMBERS, General Manager. HENRY LAKE, Secretary. QCHWEPPE'S MALVERN SELTZER ►►) WATER. Having leased the Holy Well Spring at Malvern, renowned for its putty, J. S. and Co. can now produce a Seltzer Water with all the CHEMICAL and MEDICINAL properties which have rendered the Nassau Spring so celebrated. They continue manufacturing Soda, Magnesia, and Potass Waters and Lemonade, at Loudon, Liverpool. Bristol, and Derby Every bottle is protected by a Red Label bearing their signature. 1 1 HE FORTY-SEVEN SHILLING SUITS 1 made to order, from Scotch Heather an Cheviot Tweeds, all wool and thoroughly shrunk, by B. BENJAMIN, Merchant Tailor, 74, hegent-street. THE PELISSIER OVERCOATS, 21s. and 285., viapted for the season ; the Two• Guinea Dress or Frock Coats ; the Guinea Dress Trousers; end the Half-Guinea Waistcoat.— A perfect fit guaranteed. FORD'S EUREKA S HIRTS —" 'The Eureka to the most unique and the only perfect fitting shirt made." Obatrver.—Beet quality, ath for 40e.; second quality, six for 31a. If washed ready fur use, re. extra. CAUTION :—Ford's Eureka Shirts are stamped, " 3A, Poultry, London."without which none are genuine. estalognes, with particulars,postfree.—RlCHAHD FORD, 38, POULTRY, London. TEETH.— By her Majesty's Royal Letters Patent. THE PATENT PNEUMATIC PALATE, for the Construction of Artificial Teeth.—Messrs. MOGORIDGE and DAVIS, Surgeon-Dentists to the Royal Family, 13, Old Burlinggton•street. Bond -street, Patentees of the self-sustaining principle of fixing Artificial Teeth. The PNEUMATIC PALATE has excited the greatest admiration of the most emi nent physicians and surgeons of England and the principal cities of the Continent, who constantly favour them with their distinguished recommendations, and who consider their system to be great:) , superior to any in use, as by it the greatest possible firmness and security in the mouth is attained, and the patient enabled to properly perform the important operation of mastica tion, which is most essential to health It also renders the ar ticulation clear and distinct, and the unpleasant whistling so long complained of impossible.—This to public sp-akers is in valuable. Messrs. MOGGRIDGE and DAVIS, Surgeon-Dentists to the Royal Family, No. IS, OLD BURLINGTON STREET , BOND-STREET.