The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1884-11-22 00:00:00

•SAMS BY AUCTION

FIAGLEY STOCK SALE.
EVERY MONDAY.
THE usual Supply of CATTJAF, SHEEP,
PIGS, &c. „
Oiri!ES, PERRENS, & WOVOIDGE

TALBOT HOTEL YARD, AT,OAtptIDGE.
SALE OF NURSERY'SrOiIk:
MESSES. . .
OATES, PERRENS, AND 4WOOLDRIDGE will
SELL BY ArcztoN, Ott SNLIMNE'SDAY, DECEMBER
3rd, 1884, in the TALBOT HOTEL YARD, STOURBRIDOE.
220 Lots of Standard and Dwarf Perpetual ROSES of
the Choicest Sorts, Specimen Evergreen SHRUBS,
Apple, Plum and other YRUIT Tltlik 8, consigned from
the White Cross Nurseries, Hereford.
The le to commence at One o'clock in the After-
noon. Particulars will be given at the time of Sale.

STOURBRIDGE STOCK SALE.
.. TUESDAY N.EXT, NOVEMBER 25th, 1884.
r. 200 PRIME FAT SHEEP
, 30 HEAD FAT & STORE CATTLE,- including
8 PRIME HEREFORD BULLOCKS.
CALVES and PIGS.
H. KING,

Auctioneer.

PUBLIC NOTICES.

ISSUE of 6,000 SHARES bearing six per cent. interest per
annum, payable quarterly, guaranteed by the contractors
during construction and tor twelve months :titer com-
pletion of the Tramways.
r_ [LIE BARTLEPOOLS STEAM TRAM-
WAYS COMPANY (Limited).

LOCAL COMMITTER.
S. Storey, Esq., M.P. T. b.Hudson, Esq., F.R.G.S.
E. Turnbull. r.sq., Chairman G. Stephenson, Esq.
of the West Hartlepool Councillor J. J. Woods.
Town Improvement Corn. Councillor John Ininte,.
misbioners. A. Farmer, Esq.,
W. Gray, Esq., J.P. I T. H. North, Esq.
C. T. Cusebourne, Esq., C.E. I C. Furness, Esq.
DIRECTORS.
E. U. DOUET, Esq. (Chairiean),
D. H. Miller. Esq„ Director of the Northampton-street
Tramways Company.
John beiton, Esq., Director of the Woolwich and South.
East London irarnwsya.
BANRERS—The National Provincial Bank of England
(Limited), Bishopagaie- street, EC.. West Hartlepool,
and all its branches.
SoLicrroas—Alessrs. E borough and Dean, 37, Walbrook

London.
SEcRETARY—Thomas Dermer, Esq.
Offices-2, Victoria Mansions, Westminster, London. I
Avithosiaed capital O,UOO in 10,000 shares of £5
each (of whirls 4,000 have already been allotted). Payable
—los. per share on epprication, £1 per share on allot-
meut, £1 per share wisein two mouths ; and the balance
at intervals of cot less than two months.
AISiSILGED
This Company wee formea in 1883 for to purpose of
laying down and working a system of steam tramways
in the district ot the is artlepeols, forming a connecting
link between At ast raid W eat hartlepour, and giving
oirect tramway facilities to the piers, harbours, ;ma
docks witu welch the neighbourhood abounds. Since
that time this pottion of the track has been laid, and the
Hartlepuele are row connected by toe Company's
The engines and curs have been supplied, and the Depot,
or bailee, me elevatiou, side worliehoper and offices,
erected.
ahe Tramways are laid with heavy steel girder rsLe
weighing 75ib. to the yard, suitable for the inecuanicai
powtr etnployed ; are privet' throughout with Aberdeen
gtaiiite tlts, I tSiIL gon a firm bed of concrete of extra
depth, ass' are eneeiructee in every reepect upon the
moat improved modern system.
'1 he, lines run from the centre ef West Hartlepool,
passing the raeway esatien, ana the market to the centre
of east iiartlepooe aria supply an ackowleLigcd want
a cheep arid ispia cenanuruicatioe, its hitherto both
Inset elm Vs eat hullo-pool base been at great (held-
Vhllt.ge oeing to the utfective cemmunication between
the two Voce s. 11111. Gray, lesq„ J.l'. the well-knoen
.04 iron btipLuilarr Lulu capittolat, laud others hsve tom-
Menovd LUllux.g en tte runie, thus (reeler-
nag au undeeieloe benefit on the totranag population
employed its the numerane large .works for wurell the
sie so famous,.
In scree dance with the regulations cf the Board of
Trade, the line was inspected by Me) Jr-General Hutchin-
son, elated in his rtpoit to the Board oi
's rade test —the tramways have been well laid, and to
the sutisfactiou °floe local authorities."
The harilepocis form a Parliamentary borough, ad-
Milted to be amongst the most raptely aavanciug and
Irospetoua of the northern towns. The population in
1871 was 58,600, and is now es:imated to be nearly
60,000, and is sijil rapidly growing ; the dock area in
847 was 12 acres only, but the space occupied now is
over 200 acres, such a rapid advance oeing almost un-
precedented in the annals of the country.
The West trartleposi Commissioners have arranged
for the opening of a new direct read to the beautitul
park, which is already largely resorted to by the inhabit
auts, and it is proposed to extend the present hue to
the park, and also towards the suburb of Seaton Carew,
for which purpose the Company have obtained the
necessary Parliamentary powers.
The gradients being exceptionally easy and the motive
power steam, tue working expenses are comparatively
right, arid these facts justify the expectation of very
fasourable dividends.
The expectations expressed by the Directors on the
formation of the Company "that it would prove to be a
sound and r numerative undertaking' has been more
than reaieed by the cetera results of the working of the
line since the ok,lening, the traffic receipts having been
Is. 11d. per mile rue, against a cost of 61d. per mile run,
showing a profit of about 50 per cent.
Various contracts and agreements have been entered
into with reference to the business of the Cerupany ;
being too t umerous to set out in this prospectus, appli-
cants for shares must be considered to have agreed to
their being omitted. The said contracts and agreements
may, however, be inspected at tee offices of the solicitors
to the Company, in London.
The following table shows :about the market value el
the leading tramways in the United Kingdom :
Amount Present Equal to
Name of the Company. paid Price prem. per
per Share about Cent. of
£lO 0 0 ... £lB 10 6 90 prem.
9 0 0 ... 16 5 0 ... 80
ndon 13 0 0 15 15 0 ... 574.
Manchester arriage and
Trainway5............ •15 0 ... 25 6 0 ... 67 a
Ditt0................. ......... 10 0 0 ... 17 5 0 ... 724 „
Ditto . •7 10 0 ... 12 'l5 0 ... 70 ,
North Metropolitan.... 10 0 0 ... 17 10 0 ... 75
London. .. . . 'lO 0 0 ... 13 15 0 ... 374
Birminghan and Aston
Steam ...... ............... 5 0 0 ... 7 17 6 ...
Leicester . -
10 0 0 ... 16 15 0 ... 671
a• . ....... ....... 4 0 0... 7 10 0 ... 87i
nil prospactases and forms of application may be oh-
both
used of the secretary, also from the solicitors and bankers
in. West Hartlepool and London.