The Express.
London, England, 1864-07-01 00:00:00

THE EBBW VALE COMPANY (Limited).
Ineorporated under the Companies Act, 1802.
_ Capital Four Milhous, in 80,000 Shares of En each.
Deposit on optician°. 41 per share, and 44 ea allotment.
Further calls will not exceed fb per Share. made at interval! of

not left than three months, and will extend over a period of
three Caen
it la estimated that not more than two-thirds of the total capital
will be required to be celled up.
DIRECTORS.

ABRAHAM DARBY, K. lOW Yids Park, Monmouthshire,
Chairman and Manseng Director.
JOSEPH ROBINSON, Yaq.,Barkhamudiad sad London, Deputy
Montan.
Francis Tothill, Esq„ Bristol
John Platt, Es,,,Oldhara.

ir;ecToit. , M.P., Leeds.
James Aspleall Tarner, Esq.. M P.. Manchester.
Ham George Gordon. Esq., Cliftoo-ptace, Hyde-park, boodoe.
Chea King Anderson. Fan,: . ea, Old Broadetreet, London.
BAnallas.—The Bank of Honked. and its several branches at
Manchester, Birmingham, Liverpool. Bristol, Leeds, Newcastle,
Hull. Plymouth, Portunnoth. Letrester.
PoLtertost—Mean. Freshfields and Newman, London.
BILOILIALS.—Meters. Joshua Hutchinson and lion, London.

David Chadwick, EN. Ilesses7aadwick, Adamson, WlCenna,
sod co.'. 27, Great George-street, Westminster.
John Young, Cap. ;Messrs. Coleman, Turquand, Young!, and
Co.; Tokenhouse.yaril, City.
Office; (pro km.l-37 Great George.street, Westminster and
7, Laurence Pountney•hill, City.
The Company is formed for the purpose of carrying Into effect
an agreement made for the purchase of the undermentioned
coal. Iron, and other works, which have for a long time been
canted on with very satisfactory results by private individuals.,
and us capable of conaiderable expansion with meetly increased
profits.
The properties and works have been purchased on very favour-
able terms. on valuations made by eminent mining engineers.
The works c -midst of :
1. The gisbw Vale Collieries and Iron-works.
2. The Sirhowy Collieries and Ironworks.
3. The Victoria Collieries and Iron-works.
4. The Atersychan Collieries and iron-works.
6. The Pontypool Collieries and Iron aad Tinplate Works.
f The Aberearn Collieries and the Chapel Farm Estate.
7. Wharves and landing stages at Newport.
All in the county of Monmouth.
& Hematite Iron sad coal geleagee or romans Is the Forest et
Dean. In the county of Gloucester.
9. The Brandon Huila Carbonate of Iron or Spathes. Mmes, in
the county of Somerset.
And the Estates comprise :
Skit acres of Freehold Land and Mines.
7,215 acres of Leasehold Mines, and agreements for lessee
having upwards of 80 years unexpired.
2,137 acres of Leasehold Mines, having from 10 to 60 yeses
unexpired.

700 acres of Mines In the Forest of Dean, held ander a Crown
IRSIe, renewable In perpetuity for periods of It years-
About 9 Mlles in length, or about 3.000 acres, on the course of
the ,tpathose Iron Ore veins, In Yorsersetshlm, under leases for
about 10 years unexpired.
The leasehold Coal and Ironstone Royalties are held on
very moderate terms
There are upwards of 2,000 homers and patsies on the free-
hold and leasehold estates. . . . . .

iiTreetals -1;;;I' laud, *farms, and houses, amount to about
L 14,040 a year.
The works afford employment to more than 15,000 poisons,
representing • population of 50.000 people.
Schools for the accommodation of 2,200 children and a me-
chanics Institute have been erected upon the estates.
There see 23 blast furnaces, of which 16 an In operation at
the present time, three being cold blast.
The present annual produce of the various collieries to 850.000
tons of coal . and this quantity can, with a comparatively small
outlay, be Increased to If million tons annually. The produce
of iron stone is 280,000 tons annually, which can be Increased to
450.000. tone.

The iron caking coa's on these properUes are of a superior
qualit , tree from sulp•.ur, and eminently adapted for the
mane of the has, close of Iron or steel.
The torment annual yield from the furnaces is about 130.030
tons of pig Iron, Including 12.000 tons of Pontypool sold blast.
hut the strangemmlta are adapted for the production of 180,000
tons. About 00,000 tons of rails and finished iron are sold an-
nually, which can he haerossed to 120,000 tow with the proscut
appliances.
All the properties are very favourably placed In regard to
situation of works and facilities of transport. The coal and
Iron-stone mines, which are now drained and proved. will supply
the present consumption, without any material ItICTIVIO of dad
charges or outlay of capital. for upwards of 50 years : and with
a small outlay will yield a further supply of 600,000 tons of coal
per annum, for household and steam purprees. for a like period.
The Hematite iron ore and coal properties. held in the Forest
of Dean, will shortly be opened, and placed In direct commusi•
ration by railway with the various iron works.—the distances
between which and the place of production will be from 25 to
42 miles only : whilst this clam of ere in now carried to the
works 930 miles by water, and 30 miles by rail.

The Forest of Dean ore contains from ti 42 percent of iron,
and it well known for its superior quality over other Hirmatite
ores for the manufacture of the hest iron and steel. it is esti-
mated that, when folly opened, the Mines now held by the Com-
pany will produce 100,000 torn annually for 60 years.
The very extensive and valuable Mines of Spathese Iron Ore,
in Itomersetahlre, belonging exelnsively to the Company. are the
only mines of their kind now being worked in Oran Britain
(excepting the small veins found in the Durham lead Minn`.
When these Mines are fully developed, the works of the Com-
pany will posers advantages greater than any other works, in
lb- supply of this most valuable material for the manufactory
of the best quality of iron and steel. And the coat of producing
Spiegeleisen iplg.lion with this ore, will not exceed half the
present coot of splegeleisen delivered In England from Germany,
which country furbishes nearly the whole of the supply required
for the present consumption.
The Inman?, have agreed for a license for the manufacture of
steel Iby the Bessemer pray.., which, from the peculiar re
sources the, possess. they will he enabled to prottmy In very
large quantities, and at a price that. in comparison with other
works, will Insure to them the same advantages In the manufac-
lure of steel rails as the Ebbw Vale Company have so long en-
joyed in Teepee of iron rails.
The stocks of material and finished iron will be taken at the
cost-price, as entered in the books at the last stock-taking, in
Septet:oer. ISM. and are to he paid for within six months.
The contracts nn hand, which are %erste. and at remunerative
prices, will he transferred to the new Company.
Mr. Abraham Darby. the pnncipal proprietor and =mean
partner of the whole of the concerns comprised in the present
purchase, will unilertake the duties of Chairman of the Board,
and has consented to act as Managing Director for a period of
fire years, thereby seenrlng to the new Company the benefit of
his lung practical experience In the management of the
works. . . .

Mr. Joseph Robinson, also a proprietor In all the above con-
cern, and who for many years. as the London partner. has had
the principal 'management of their commercial operations, will,
under the direction of the Board, conduct the bilabials of the
Company. as heretofore.
From certified report' on the profits of the varlotu works, ex-
tending over a considerable period, and from a due consideration
of the advantages poraewsed by the Company, the Directors feel
Justified In anttripating that the annual dividends will be such
as to give satisfai Bon to the shareholders.
The vendors will subscribe for shares In the Company to the
extent of half a million sterlics.

.....
Three hundred thousand poiinds of the purehane money will
he paid within twn month.. and the remainder by Ms equal half.
yearly Imitate...rd.. with Interest at S per cent. p dd.
No pronsotbin money t.r other almllar payment will be made.

Forms of appliestion for shares may he obtained at the Bank
of rhmland and its several rranehm from the brokers or troll,
the undersigned, by whom any further information required will
be furnished.

CHADWICK. ADAMMIN, IVICZNIt A. and Co.,
Fnianetal Agents, 17. Great Gromegnmet,
Westminster. and CA, Croanstreet, Man-
chaster.

THE EBBW VALE CnIIPAVY
Capital £1,000,000, MACAW shares of 450 each.

PORN or APPLICATIOS POl ALLOIIIIPIT Or SHAH&

No.
To the Directors of "The Rblia Vale Company (Limited per
Ileum Chadwick. Adamson. IJ•Knea, and Co, Financial
Agents, t. Great Georgeatreet, Wattnindsr, and 64, Crum-
street, Manchester.
Gentlemen—Having paid a deposit of Cl per share, I beg to
apply for shares of ISO eaeh, to the proposed Ebbw
Vale Company 'Limited!," and I hereby agree io become a share-
A...Merin that Company. subject to Its rules and regulatioas, and
to accept such shares, or any less number that may be allotted
to me,—l am, gentlemen, your obedient servant,
Name In full
Address In full
Profession or occupation
Date