The Daily Times.
Liverpool, Merseyside, England, 1860-10-09 00:00:00

erssrls tar Sale.

CURRY, KELLOCK, and CO.,
• BROKERS FORIHE SALE AND PURCHASE
#;:tefA\ OF SHIPS AND STEAMERS, SHIP VALUERS
Voto,, AND APPOINTED BROKERS To rinc HIGH
COURT OF ADMIRALTY, Walmer-buildings,

Water-street,

ROBERT A. MUNN Sr CO.,
ADMIRALTY BROKERS
IYA, BROKERS von TIM SALE or 'Siiir& AND
STEAMERS, SHIP VALUERS, &q.,
-- • 3, York-buildings, Dale-street. rtif ,

FOR SALE,
The splendid new Ship
to. WABEN 0;
11,21.1 length, 147 feet 3-10ths ; breadth, 30 feet 7-10ths ;
ffaigo.l4.A.% depth, 18 feet; 618 tons oat. and 599 register
N.M. Built at Miramichi, N:B. under special
survey, and classed 7AI at Lloyd's, 1860. Pier frame is very
superior, full moulded, and no chocks; the kelson is of white
oak ; her finish is very superior, and all the outfits are of the
very best description of Clyde manufacture. She carries a
laith ontgo, sails fast, and shifts withoitt ballast, and is a very
handsome dnd Sesirable vessel for the eastern trade. If this
vessel is not sdld shb will prated on another
voyage. Now discharging in titb Albert Dock. For further
particulars, apply in Glasgow td Mersrs: A: G. Ifitistdn aii
Co. ; or here to.
PATTERSON, M'CULLY, & CO., 3O, edstie.stfeet:

&meg,

£lO,OOO TO LEND, on Mortgage Security, by
permanent or terminating building societies,
in sums to suit borrowers, with light rates of repayment.
Apply to Josiah llosking, 33;BYtinswiCk=bnildings, Brunswick-
street. __,Onovl3

MONEY TO BE LENT ON MORTGAGE.
EVERAL SUMS, varying in amount from 5100 to
£2,000, ready to be ADVANCED, on approved security.
A so, any SUM that may be required, in established Building
Societies, both permanent and terminating. Apply to Mr.
George Turner, auction mart and estate agency offices, 45,
Lime-street.

MONEY WITHOUT SURETIES.
A.TIONAL DISCOUNT LOAN FUND, and
DEPOSIT BANR, No. 9, Adam-street, Adelphi, Strand,
ondon, Loans from £5 to £2OO Without sureties, at extra
risk premium. Loans from £5 to £5OO with sureties. Bills
discounted at 5 per cent. Money advanced en Bills of Sale.
Loans advanced in full without deduction for interest or ex-
penses. Forms on application, 2d., or by post. Office hours
from 10 to 4.. G. LAWRENCE, Manager.

MERSEY DOCKS ESTATE.—LOANS OF MONEY.
HE MERSEY DOCKS AND HARBOUR BOARD
HERESY GIVE NOTICE, that they are willing to
receive LOANS of MONEY, on the Security of their Bonds, at
the rate of Four Pounds and Five Shillings per Cent. per annum
interest, for Terms of Three, Five, or Seven Years, at the option
of the lenders. The Board will accept Loans for a longer period
than seven years, on such terms as may be agreed upon.
Interest Warrants for the whole term, payable half-yearly,
at the Bankers of the board in Liverpool, or their etym•
pondents in London, ate issued *ith egth rtid. All otters
to be addressed to George J. Jefferson, Esq., iiiiSlifet; Dock,*
office, Liverpool. By order of the Board.
DANIEL MASON, Secretary.
Dock-office, Liverpool, May IN 1860.

THE COUNTY PALATINE
LOAN COMPANY (LIMITED),
No. 5, CHURCH-ALLEY, CHURCH-STREET.
BILLS DISCOUNTED.
LOANS ADVANCED FROM £2O TO £5OO,
On Two or more Personal Securities, or on the Deposit of
Deeds, Dock Bonds, Shares in Building Societies, Railways,
Public Companies generally, and other available Property.
Entire charge, including
application fee.
Loan of £2O, repayable at Bs. per week....£l 4s.
Loan of £5O, repayable at 20s. per week... 2 18s.
Loan of £lOO, repayable at 40s. per week... 5 15s.
And larger sums in the same proportion.
Applicants from the country will be charged reasonable
travelling expenses.
For prospectus and further information, apply to
JAMES WENSLEY, Secretary.

ADELPHI LOAN AND DISCOUNT COMPANY
LIMITED.'
OFFICES :

38, RENSHAW-STREET,AND 25, CROPPER-
STREET, LIVERPOOL ;
36, HAMILTON-STREET, BIRKENHEAD;

• ALSO,
MANCHESTER, BOLTON, PRESTON, AND ST. HELENS•

Present Amount of Business :
A QUARTER OF A MILLION PER ANNUM.
All business connected with loans under £l5 is transacted at
he Office, No. 25, CROPPER-STREET, behind the Head Office.
The OFFICE IN BIRKENHEAD has been opened for the especial
convenience of residents on the Cheshire side of the river, for
which purpose a clerk is in daily attendance, and business can
be transacted in all respects the same as at the Liverpool Office.
jiIIJOANS GRANTED, on approved Security, (and
on the shortest notice,) in sums from £5 to £l,OOO, at the
o owing charges : Entire Charge,
Including Form of ApPlication.
LH), repayable a ss. per week ...£0 12 6
£2O, 1 f Ss. „ ... 14 0
£5O, „ 20s. „ ... 218 6
£lOO, „ 40s. „ ... 515 0
£2OO, ~ 80s• If 11 10 0
•••
And upwards in the same proportion.
Advances can be obtained to be repaid by other instalments
ban weekly, and for fixed and longer periods.
LOANS WITHOUT SURETIES.

Arrangements are now completed for Lending on the Sem.
rlty of Deeds, Corporation or Dock Bonds, Shares in Building
societies, Railway or other Public Companies, and upon any
other class of security that is at all times available. The
charges in cases where Special Security is given will be
reduced considerably, and the repayments can be made either
in one sum. at a tired period, or by mstalments, as may be
agreed upon.
DISCOUNT DEPARTMENT.

TRADESMEN AND OTHERS not having access to a bank
can have their. BILLS DISCOUNTED PROMPTLY, AND
ON VERY MODERATE TERMS.
Parties residing in the country can be accommodated by
paying a reasonable extra charge for travelling expenses.
For prospectuses and other information apply as above, or to
CHRIS. ELLISON, Manager.
JOHN ELLISON. Secretary.

LONDON " DAILY NEWS" AND "EXPRESS."
LONDON "MORNING HERALD" AND "ST AND.ARD."
LONDON "DAILY TELEGRAPH."
BIRMINGHAM "JOURNAL" SAND "DAILY POST."
GLASGOW "MORNING JOURNAL.'

TEE AND NIGHTINGALE
to announce that, in addition to the other Manchester,
London, and Provincial Journals, with which they have been
for salvo time connected, they have been appointed Agents and
Correspondents in Liverpool for the above first-class News-'
papers, fur which they respectfully solicit Communications and
Advertisements.
swi ft' s- cou rt. 13. Castle-street.

THE ATLANTIC AND GREAT WESTERN
RAILWAY,

CONNECTING
NEW YORK AND ST. LOUIS,
By the Junction of the New York and Erie, and the Ohio and
Mississippi Ballways,
A CONTINUOUS SIX FEET GAUGE,
Twelve Hundred Miles, without Change of Carriages.
Issue ef One Million Dollars first Mortgage Bonds, bearing
Seven per Cent. interest.
Payable half-yearly, on Ist January and Ist July, at the
Bank of London, Threadneedle-street, London, and at the
Banking-house of Messrs. Duncan, Sherman, and Co., New
York.
The four coupons first maturing will bear the guarantee of
the Bank of London, duly endorsed, thus guarding the invest-
ment against any possibility of default during the construction
of the lines in Pennsylvania and Ohio.
DIRECTORS.
William Reynolds, Esq., Meadville, Pa., President.
Hon. Gaylord Church, Meadville, Pa.
Nathaniel Marsh, Esq., New York, Director and Receiver
New York and Erie Railway.
William Evans, Esq., London, Director New York and
Erie Railway.
Marvin Kent, Esq., Ravenna, Ohio.
Edward J. Lowber, Esq., New York.
Augustus F. Allen, Esq., New York.
Robert Thelon, Esq., New York.
Jamestown, New York.
W. S. StreatorkEsv.lantDaeystotanw,no,hNio' e
w York.
DA J. PDrat
Doane,
onn. , E q
Hon. John Dick, 31. C., Meadville, Pa.
BANNERS.
The Bank of England, London.
The Bank of London, London.
Messrs. I. Barned and Co., Liverpool.
M. L. de Cuadra, Paris.
BROKERS.
Messrs. Hesseltine and Powell, London.
Messrs. Hope, Dodgson, and Co., London.
Mr. E. F. Satterthwaite London.
M. Philipp Nicholas Schmidt, Frankfort.
CONTRACTORS.
Ex. Senor Don Jose de Salamanca.
Worthy S. Streator. Esq.
Enerneze-IN-Cnixr.
Thomas W. Kennard, Esq., C.E., 36, Great George-street,
Westminster.
Temporary Offices.--11, St. Helen's-place, Bishopsgate-street,
London.
The Atlantic and Great Western Railway-378 miles in
length—is the middle link of a grand national line of six feet.
guage, 1,200 miles in length, from New York through the
great States of New York, Pennsylvania' Ohio, Indiana, and
Illinois, to St. Louis ; of which about 800 miles have been
many years in operation. It possesses extraordinary facilities
for construction, having no tunnels, no deep cuttings, few
bridges, and no ferries; avoiding the Allegheny Mountains on
the South, and occupying the natural channel of trade between
them and the Lakes on the North. It traverses some of the
Most fertile portion of New York, Pennsylvania, and the
" Garden of Ohio." It passes through the large shire towns
or centres of fourteen counties in the State of Ohio, with more
than one million of inhabitants, and a taxable property of 200
millions of dollars, and accommodates seventeen cities and
towns in New York and Pennsylvania, heretofore without ,
railway facilities.
The differing laws of the States of New York, Pennsylvania,
and Ohio, through which the line runs, render separate orga-
nisation necessary, though practically the whole is one line.
The present issue is contined.to the Bonds of "New York,"
that section being now finished; a considerable portion of the
works in "Pennsylvania" is also finished, and the "Ohio"
section is in a very forward state, and can be completed in
1861. As each of these sections is opened, the Bonds will be
issued to the public, all the funds being provided in the mean-
time by calls on Stock, and advances bp the contractors.
The Atlantic and. Great Western connects with the New
York and Erie (of which it is a continuation) at Salamanca,
about 400 miles from New York ; and the New York and Erie
Railway Company deem "the connection to be of such im-
portance, from the large and valuable traffic which it will con-
centrate and throw on their road, that they have covenanted
to pay to the Atlantic and Great Western a bonus of 10 per
cent. on the gross receipts, from freight and passengers,
during five years from completion ; and sper cent. for another
term of five years thereafter." This bonus is especially appro-
priated to securing the interest on bonds.
The association of M. de Salamanca with the Atlantic and
Great Western. Railway, is a voucher that the merits of the
enterprise are not overstated, and an assurance that the whole
line will be rapidly completed, and its resources developed.
The bonds are secured by a first registered mortgage consti-
tuting a lien on the income and all corporate rights, privileges,
lands, franchises, plant and property of the railway; and gave
the holder the right of conversion into shares at par until Ist
January, 1864.
The bonds of the present issue are of 10,000 dollars each,
redeemable at par in twenty years, are transferable without
stamp or endorsement, with interest coupons attached, and
will be paid on the Ist of January and Ist of July in each year,
at the Bank of London, Threadneedle-street, London, and at
the banking house of Messrs. Duncan, Sherman, and Co., New
York.
The bonds will be issued at 80 per cent., or £lBO sterling per
bond; to include the coupon due Ist January, 1861, and will
be ready for delivery on Ist November, 1860, er earlier, at the
option of the purchaser.
The road represented by these bonds is finished ; its cost is
known and liquidated, and its interest and dividends will be
paid from its actual earnings.
The value of the security offered may be bcstappreciated by
comparison with the four great lines of the same system.
The total income of these lines, for the last four yeas, has
been as follows :
Erie. Pennsylvania. andßaltimore New York
Ohio. Central.
1856 $6,349,050 ... $4,720,193 ... $4,385,951 ... $7,773,169
1857 ... 5,742,606 ... 4,855,669 ... 4,616,998 ... 8,027,251
1858 ... 5,101,616 ... 5,185,330 ... 3,856,485 ... 6,528,412
1859 ... 4,482,149. 5,362,355 ... 3,618,618 ... 6,200,848
And these receipts, divided by the mileage obtaining traffic,
gives the following receipts per mile :
Erie. Pennsylvania. Baltimore New 'York
and Ohio. Central.
$11,237 ... $l2, ,
722 .. $11,572 ... $12,848
10,164 13,088 12,182 ... 13,268
9,117 13,976 ... 10,175 ... 10,790
7,933 ... 14,453 ... 9,547 ... 10,249

1856
1857 ...
1858
1859

Average,.s9,6l2 $13,559 $10,869 $11,788
The contract cost of the Atlantic and Great Western Railway
is $37,000 per mile, say £7,400 sterling. Hence, an average
receipt per annum equivalent to that of these four great lines,
will give an annual return upon the whole cost, capital and
bonds, of 17 35 per cent., allowing 50 per cent. for working
expenses.
Applications for bonds must be made to the brokers. copies
of the prospectus, with map, and the reports of the engineer-
in-chief, can be had from the brokers, or at the office of the
company, No. 11, St. Helen's-place, London.

Printed and Published by WALTER HENRY PEAT, of l's 0-
8, 'Wesley-street, in the Parish of Toxteth-park, at big
Printing Establishments-3, Batisswicx-sraErr (coma o f
Castle-street), and 40, LEIGH-srnnEr, Liverpool.
Prty OCTOBER 9, 1860. •