The Daily Times.
Liverpool, Merseyside, England, 1860-02-20 00:00:00

PROSPECTUS.

The Company is established for effecting the general in-
surance of shipping and cargoes, and also the insurance of
bullion, passengers' baggage, and effects; and to provide more
immediate facilities for transacting business at the principal
ports of the United Kingdom than have hithcrto been adopted
by institutions of this kind.
The Directors, on publishing the prospectus of the London
and Provincial Marine Insurance Company, announce that a
consideraule number of shares has already been subscribed for
by some of the principal merchants and shipowners in the
various ports of the United Kingdom, whereby inture policy
business will he gi eatly influenped.
We are enabled to trace with accuracy the progress of the
shipping interest, both English and foreign, during the last ten
years, a glance at which will be sufficient to satisfy the public
that there is abundant room for new Marine Insurance offices.

In 1847. the tonnage of Brit'sh ships entered inwards in
the United Kingdom was 4,942,094, and the clearances were
4,7 '0,370 tons. Of foreign vessels the tonnage inwards was
2,253,939; outwards it amounted to 2,312,793 tons. Bringing
the comparison down to 1858, 'ye find that the inward tonnage
of British ships was 4.233,311 ; the outward 6473,90;
In the same year 4,582,822 tons of foreign arrived and
4,462,719 were cleared. These figures will perhaps be better
understood by reference to the following table of statistics :
ENTERED INWARDS. I CLEARED OUTWARDS.

British.
Tons.

Foreign.
Tons.

British.
Tons.

Foreign.
Tons.

4,942,094 ... 2,253,939

4,770,370 ... 2,312,793

,
1848 ... 4,50533 ... 1,960,412
1849 ... 4,884,210 ... 2,035,690
1850 ... 4,700,199 ... 2,40 ,277
1851 ... 4,938,386 ... 2,933 708
1852 ... 4,934,863 ... 2,952,584
1853 ... 5,055,343 ... 3,887,763
1854 ... 5,374,551 ... 3,786,815
1855 ... 5,270,792 ... 3,680,447

1848 ... 4,724,027 ... 2,056,654
1849 ... 4,785,428 ... 2,299,060
1850 ... 4,742,345 ... 2,662,243
1851 ... 4,882,490 ... 3,225,614
1852 ... 5,051,106 ... 3,191,596
853 ... 5,212,980 ... 4,234,124
1854 ... 5,370,298 ... 4,137,423
1855 ... 5,648,940 ... 3,889,291

1856 ... 6,390,715 ... 4,102,419 1856 ... 6,555,056 ... 4,480,859
1857 ... 6,153,705 4,621,494 1557 ... 6 840,402 ... 4,863,191
1858 ~ q,233,311 _ 4,582,822 1858 .. 6,473,986 4,462,719
The declared value of eNmrts from the twelve Rrincipal ports
of the' United Kingdom in 1858 'exhibits some interesting
results. From" London, £28;886,839; from Liverpbol,
£50,899,668; from Hull, £13,449,735 ;' frdrn Bristol, 4438,418 ;
fi-om I•.,lcwcastle, 41,803,976; from Southannitqn, 44242,907 ;
from 'Leith; £825,836; from Glasgow, £5,193,104; "floe}
Greenock, 4545,989 ; from "Dublin, £59,722 ; from Cork,
£180,268; and from Pelfast, £9,34.
t must also be borne in mind that these
ant
refer solely to
our foreign 01141 colOnial shipments, an 4 conseq4ently they
embrace no portion of our eAtedsilre 4114 inwOftant cofialiqiC
trade.

The value of marine insurance, as an Investment, is shown
in a very striking manner by the following statistics :

VALVE OF SIiA.RES IN MARINE INStRANOE COMPANIES.

Paid.
.£25 0 0

Present price.
... £6O 0 0

The Alliance

Indemnity, £5 13s. 6d., in- 50 0 0
creased by bonuses to
London l2 10 0
Marine £l5, increased by bo- 1 18 0 0
noses to
--- _ _

170 0 0

42 0 0

110 0 0

Royal Exchange
Application tor shares, in the usual form, will receive imme-
diate attention, but no application will be taken into considera-
tion unless a deposit of two shillings per share be paid into the
compaurs bankers, to be allowed in payment of the st call,
or i+turned in th& event of shares not being allotted.
Ap. Orinpunicaiicas On the business 4f the °filo tp be ad;
dressed to the beci'etary, attemPO tity 61164 of th
company, 79, Ilombard:strcet; Ldncidn, E.O. •