The Express.
London, England, 1864-04-29 00:00:00

P!!.O,!,4PECTU.9.

The description of oil called •• Petroleam." lately discovered In
Pennsylvania, which has already grown into a trade. employ-
tyng mtillow sterling In ltarope and America, and is now ad but
universally consumed for laminating p has been times
and utilised by thousands of tons annually fur at least four bum
bed years in the nennwee empire, when it is obtained of •
uniform and very superior quality.
Crude " Petroleum," or "Lath 041, though burned by the
poorer natives el linrush, has sever been used oat of that
Donny for the purpose in consequence cf its impurities, which
can only be removed by a peculate mode of dlitillation—lt has,
however. been shipped to, end distilled in England, and a portion
of the renew' oil has been returned to tb• }get Indies.

—TI3; trade thu cTrri•iOiirs;;;ialle.:ll•WalOsTseio the Im-
porters of the crude oil, while distillers hare derived large profits,
u scarcely one-kart can be contorted into firm oil, the red toe
being comparatively of little value in Upend, but coating the
same for packing, freight, Insurance. dc., which amount to from
Alt to gib per ton, whilst In Rangoon, Moulmein, de., this
residue is as valuable so the crude oil itself, for costing the
bottoms of native boats, as a substitute for pease, tor, de
To obviate this, and attract the doe oil on the spot, the lease
for ten yam, from lit Mardi, 1011, of a piece of land la Ran-
goon, e•-mprishag about 30 acres (a portion of which has been
let for r it,/ per annum% admirably situated on the banks of the
River Irrawaddy, woo taken at a rental of £3OO per *IMMO, sad
on it a factory, with stills, steam power, superheating apparatus-,
saw mills, and. every other appliance, ter working upwards of
100 tons of oil per emit, erected by an engineer sent expressly
from England ; and wharves roonentires, stores, dc., were built.
This property has, In consequence of the death of the resident
prop ietor—which took place Just as he had completed the
works--berea offered to this Company.
The present owner. who resides in Mega mill make ever the
lease, factory, and plant (with option M the freehold
M 46,000) fee the son ad 210,000, ad be wiU
take In fully WO-ap shares. sad has guaranteed. to the ritisileo-
Lion of the directors, a minimum dividend of 7e per oent. pee
annum on the paid. up capital for the first three yearn, feeling
coofident the prelim will used 23 per cent. ; the refined oil
Acing saleable at very high prices, for burning, painting, rte., to
Caleytta, Marked. BoThey, Australia. and all over the Last

The ceasumption of dial; lts slone to iudicaut to slmorb the
production of the factory for some time to coma
The Darectors have a competent manager sad as engineer who
aid at once proceed to IFAIWOOII. and ham the advice end swish
mass of sa eminent mercantile lima Were, who have undertaken
to act as agents for the Comusay.
There is lie paid promoter la this Company, sad the prelind•
nary expenses will be atrial, soallaid to asseleary outlay,
Onofourth the capital his been privately eubecnbed by the
Dlrecton sad their frauds, sad the remaining shares will be
allotted with due omaideratios to priority of application.
Prospectuaes may be obtained tram the bankers, brokers, soli-
citors, or manager, at the omen of the Company, where plane
of the and and distillery nisi be seem, and the Arianism of Aro-
*. lampleied.

L.AMISKRT'S ASTHMATIC BALSAM, an
.1.4 ellsetual remedy. dittoed orallalas Ins bowels*, ali-
lag the la4trely elassalsad dad Dot. Is artnittad to
be s bad asedlekes tat Ineeedlatin re/bortag eraddra odds,
oreararrd edam al amen" aad lenalsat esaimplis. tor
re donor whose Qs Wand preamos laseadria
Male ids Vain Mist amain frequat=
I. appreasens Men ea easels are bald
lernoss &Viol dam amen lyni dean tor koa st saes&
Idea. IS gad la a kw tradater &Of Ulnae M—
od add kg W. LAMM anal* a. gme wa-
fts-an* ak•Am4.«.. load" rad by an netriMd le
bottles. anti. ..l three retesellies to one, te M. Do aartlooka,
sod ask for loraten's Asaasslis Sawa TM nano sal address
rein ea tas stanp.

NNW ?OY&L BY MANHATTAN.
Thu der. at All the Libre:les, In
II vols. pest eve.
M A It 1 0 N. A Novel.
Br MASUATTAII.
London • .A•undars, J, mad Co., el, Brook-stroet. W.