The Express.
London, England, 1863-11-05 00:00:00

THE NATIONAL MUM NAVIGATION
COMPANY ,Lholted'.
laesporated under "The Companies Aet, IfeM," by which the
ty of each shareholder is limited to the amount of his
shares.
Capital, L 5,000,000, In 10,000 Shares of £lOO each,
with power to Increase.
Deposit on application LI per lbw: allotment, Li per share.
doon atter allotment, a Int Call of SS per sbaze will be made :
subsequent Cads are not tomcod LA per share, and are not so
be made at Intervals of lees than three months from the date
of prior calLs
it is not at present proposed to cell tip more thee 1.40 per share.

Thomas Chilton, Faq. (Holdernesii-and Chilton), Liverpool, Chair-
' man of the Shipowners' Asenclalles.
Robert Won. Req. Dime, Davide:in. and Co.). lirorPOtl.
Director of the National Bank of Liverpool.
Witham ream Penile, Zee. (PersieDreahera wed Co.) Ll=
Director of the British and American Ischenge Dashing
ration.
Thomas Bernard Ounalos, Lq. (Gunstock Wilma, and Co.),
LlverpooL
Xdwhe Haigh. &q. (Thomas Haigh and Co.), LI
',heard Lawrence, Req. (Edward Lawrence "="4,-.), Liver-
pool. Director of the *IVA and Foreign Marine Inearapee
Ccelittan.
Harm Lewis, Peq , M.P., Director of the National Rank,
Joseph Noels WlLenna, Zaq., Director of the National BOA.
Landow
Robert Maurer!, lam. (A. 11. and 8.. Maxwell), limpool, Di-
rector of the North British and liercandie Insurance Cm-

11•10%
Andrew ilalcoismos, Seq. )J. and D. MaMotown and Co.),
Liverpool
%or Wilktosos Ls. Otoillnahead, Tetley, and Co.)
drfre7rblmish (Uaborse and Dom), Lcedeo, Director of the
Hoary Thread! atlas, (a. T. Wilson asd Chambers ,
Depalpaislars al Or MU& sad, Forelsia
lasersace Colapey.

BMW&
loodon—The National Bank, Old Broad-street.
Irehuad—The Druids's of the National Bank.
Manchester—The Bank of Failmad.
Liverpool—The National Bank oil Ltverpool.
81.01 W.
Lomdce—J. and J. Whitehead, 8, Moorgaiii-etreet.
Mimebeeter—Thomaa Warner, SR., 9, Btamp-oMee.bulld
Crom94reet.
Liverpool—Thomas Tlnley and Sons. 44. Browri9balldlisp.
Dubtln—idwanl Fox, Diune.istrest.

London-Plot end 0, Minting bum.
Liverpool —ll,l•ltat ied Hall" 6. Cook-street

Damen AND Neva, Aacinracr—Jobn Jortisa.
Fit. ilate Chlet Surveyor to the Vailiimirrtters lagiaty of Iron
Wye.
eigniLL Naltaalt —W. B. Ilecallster, Bp.
Itangletatir-r.lemerbrk'ruetvotfry. Esq.
Temporary titian—Loodoi: 21, rtonetrest. Liverpool:
Osmaterolalkislidistp, eteretreet.
Nothbr has been morn remarkable is connexion with the pro-
gress at Lanmshire than the rapid extension or the Meant trade
ttj2a=l. la the year in 62, the tonnage of tarts stammers
Inwards et the Customhouse was teams took while In
Mt it was 588,130: which, la the year ending June, ISM
Increased to 786,42 C togs.

In the earlier days of steam, and before the recent improve-
ments ter the economy of fuel had bees introduced, steamers
could be employed with advantage only for the carrying of malt
and paamegers; but latterly, owing to the Improvements is
marine engines, economy of fuel and space Ws been effected,
thereby greatly nsinchm the working eenses and screw
stainers have not only bees employed In all the sear trades the
the conveyance of goody, with large profit to their owners, but
owing to the adirests which they deed to grippers, they
have, in these trades, slmow entirely displaced willing mew&
For some yeses the carrying trade oat of Liverpool has bees
gradaalky undergoing a change la lbe Atitericee trade meow
steamers have taken the place of the once celebrated ew York
Ilnere beg as ramify thearthers of the highest clam of toe Nods
sad paseengere; Mimic demorlptlons of goods sad a large number
of Intermediate sad steerage passengers being still conveyed by
sailing Yew*.
In the lmportaat breaches of the American Import trade, via.,
them d rein. Oath and provisions, the ices manually eastained
rillhi:igattesilathirsamilarratt4that tnvast of all engageduently made
in these"
I teethe will be es In tether of any whose fort he externs
*NMI shipping to Include each freight, and there ean be so
death bee that the whole of the enormoua teed* in them articles,
which la Liverpool alone amounts annually to 750,000 tons, will
fall entirely Into the handa of steam companies.
The Bret object of lids Company to to piths on the New York
elation a fleet of screw steamers from Liverpool and London of
lazes sire and great capacity, which will be able to carry •111101 i
if not quite am cheap LB setting vends whilst at the MSS time.
Loin the regularity of their . they will command a fall
shim of the steam trade and the recta's also Intend sending
steamer. to the American cotton ports when the war is brought
I to an end and the trade re-opened. asthma mho under their
oopideration the wants of the 9rasll and Mhos tzadea.

organalng thisC7mpen y ii7slrectore believe that It will
sot enter late oxides occipetltlee with the existing lines.
The Cunard line le a rube clued Company, carrying the melts
passengers with fist and e.pensire steamers.

The We hes so eulnidy, but, nevertheless, has bees
most soccertal. sod It now employs eleven vessels, haring tom.
seemed Its apeeadins with two steamers, the City of Glasgow
and City of Manchester. The steamships of the Inman line are,
however, of greater proportionate horse power than those pro-
jected by Ude Combsag, which will be sailed at much lees cook
sod will be coostracted to consume a oomparatively small
sotoint ot seal : a< the cams thee, of each capacity that, In ad-
dition toe large cargo of mereliasdbe and plimengers, they will
be chin to awry saildeat feel for their voyages both out and
helm sod so Meld the =pane rad delay incurred .by coaling
abroad.
. . . .

to order that the objects of this Company may not be even
partially anticipated, a-di that the stations may at once be Gent.
pied, provisional arrangements have been made whereby three
new steamers, of the description Indicated. and In all reopeete
suitable for the service, have been wined, and contracts have
bees entered Into for the building of others of shoot LIPS tons
seek gad It is proposed to eammenes witit• fortnightly service
mieb way, to be laereseed to weekly Pilings as soon as the
Yen& ego be opt reedy. The ports of aperture shall he
Liverpool for the weekly line, and London to the extent the
alistroprditan trade may require
ships.
The ships well be built under the inspeetion of Mr. John Jor-
dan slate Chief Surveyor to the Underwriters Registry of iron
Ships% whose serviette as lospectlng Engineer and Naval Archi-
tect the Directors have secured to this Company.
The weep which has attended the formation of welt-managed
deem companies has been very marked. That of the Canard
and Inman Company is well known. The Pacific Steam ?revisa-
-1 Moe Catapult, whop shares, LSO paid, are selling at CO per
share, has, nut of profits, given to its shareholder new paidnp
shaves exceeding the amount of the original capital, cad pays a
regular dividend of 10 per cent. ea the twinned Issue, earrylas
over at each annual meeting an almost equal sum, while many
private neamstilp ownery with shatter descrlption of 'easels,
bat much smaller than those this Comps, intend to poseem,
have reaped like matte
The Menton have thevefore every reams to anticipate a very
peat success to the onderteld . y are not enterng nom
r..logiernient, bat are ng for Pis Cainpsny a amidst
anon of vessel. but of tars r des, than those which have
proved so remunerative to several well known private fines
engaged le the Meliterreaent and other trades. and have thus
the adventsee of the experience so acquired, which proves that
what Is needed, tinder efilehed entnagemen• to ensarsprolitable
results, ere large ship with moderate bet uttlialent horse
power, and great carrying capacity.
The intrednerien of the Limited Liability prinelple has en-
abled undertakings of great magnitude like the present to he
carried nut by Joint Stock Compenke. which may imbrue the
co-operation of 'flappers and of others Interested. Indeed of by
private capitalists as heretofore . the result being that the Sap-
p/attars ci this line will become Interested in its sweep sad
participate In the profits which they assist to earn.
Applfeallone for shares may be addressed le the annexed form
to the Directors, and copies of the Prospectus may he obtained
at the Temnorari Daces of the Company, or at the offices of the
Brokers and Solleitnire ; hut no application will he considered
nukes a deposit of Li per share OR the number of share, applied
for has been paid, --

Pall OP APPLICATION FOR AZINXIL
To he retained be the Hankere.

To the Directors of On NaMatta !Mans Navigation Company

(Limitudl.
Gentlemen.—Having paid to your bankers the mm of C.
belug a deposit of CI par share ea shares In the above
Company, I hereby request that you will allot me that number,
and I occee to become a member of the Crummy le m.oen+. of
each shares, or In respect of any less number you may allot me,
and to execute the articles of association what required : and I
request that my seas may be piaci on the register of members
for the shares so allotted.

la t.l
Braden.
Proemial or imam
Dltf 1..1'

TIM NATIONAL STNAH NAVIGATION
COelted).
NOTYCI IB lIIIEBYMPANY GIVEN, pgot NO APPLICATION kir
SHAMES In this Compeer will iw ANCISYND APYrI BATON.
SAT pert. the Its trot : tom frelead, net Mir then the INit
1001.-11) order, JOBLPH TRLITIY, Reerelary.
Xeleyorarp•oillem ti. Timeopeerloa Are* Loodes.
Coranwelei-belldloae. Wafer- set. Liverpool.
Wombs, MK