The Express.
London, England, 1864-04-09 00:00:00

TELEGRAPH CONSTRUCTION and MAIN-
TESANCI COMPANY (Limited).
(Uniting the business of the Gotta Pereha Company with that of
Meows. Glut Sliot, and Co.)
Capital £1,000,000.
Pint lure, £750,000. In 37,600 shares of CYO each.
Deposit os appliestlos ft per share, and on allotment a further

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payment of PS per share.
DiagefonS
Rend Ford Barclay. Bag. ,Ortla Perch& Company).
Thomas Brame,, Esp.
Alexander Henry Campbell, Esq. (Finlay, Campbell, and Co.)
George Elliot, Esq. ,Olass. Elliot, and Co.)
Alexander Struthers Finlay, Kaq M P.
Richard Atwood Olsen Req. (Olass, Elliot, and Co.)
Daniel Gooch, Reg , DR
Samuel Gurney, Fag., II P.
John Powder Eq., M.P.
John Smith. gag. (Smith, Fleming, and Co.)
PIANCIILS.
_ _ _

The Consolidated Bank (Linlite7.7, Fencharchetreet, Innate
and Manchester.
Mears. Arthur. Heywood, Sous, and Co., Liverpool

.
BOLICTIVIS
Wears. Bireham, Dalrympli. Drake. sad Ward.
Mows. Bazar. Rom. Norton, sad tkx
kIOWELS.

Maws. Amager ser-os. as. MIS=
lis=eavilades;
nen SIM I—Mr. William Muter.
Moor= Great Geormestreet, Westminster.
Works—Whartroad, City-road, N., and East Greenwich, B.E
This Company has been formed for the purpose of making and
maintaining telegraphic lines of comit.unleatlook both submarine
and on land. in every part of the world.
The facility of intercourse which telegraphic communication
now, la such extensive operation, has afforded to the public In
its varied rosomunities—politleal, commercial, and social—has
rendered that which was, but a few years ago, regarded merely
as a seleotific experiment, absolutely necessary for the purposes
of our social system, and a highly remunerative investment. It
has been found that, as In the case of railways Although to a
much greater e .tentAtelegrapßic rablespave uniformlyideveloped
a *instantly increasing Manic, with this remarkable and special
feature, that the more distant the points brought Into connexion,
the greater the proportion of business done.
Experience has proved that increasing receipts from the work-
ing of submarine cables Arius with them only a trifling propor-
tionat- increase In the amount of working expensea.
Messrs. Glass, Elliot, and Company and the Gotta Perch. Com-
pany have hitherto together had the principal share in the
manufacture of sabmanne telegraphic cables.
The former firm, who have undertaken the manufacture,
laying down, and maintenance of the cables, have hitherto ob-
tained the inner cores of the cables from the Quit& Perch& Com-
pany, which has. In this branch of Its trade, conflued Udell
entirely to the preduction of that part of the cable.
Meagre. Glees. Elliot, and Company have during the last ten
years manufactured and laid down In different parts of the
world no less than 6000 miles of submarine telegraph cable,
whilst the Cutts Perch& Company have, during • lilts period,
manufactured upwards of 9,000 miles of insulated wires fur sub-
marine telegraph cables now In work.
It has been ascertained that the manufacture of entire cables
could be more securely and beneficially carried on by uniting In
one establishment the manufactuie of the outer cable and wires
and the execution of the portion of the work heretofore sepa-
rately executed by the Guts. Pemba Company, and with this
view contracts hare been entered into for the perehaae of the
entire machinery, premises, plant Patents, stock, good-will, &ci
of the Gotta Perch. Company. by 'Messrs. Glam. Elliot, and
Company and that firm ham agreed to transfer to fhb Com-
pany, at the cast price to them, the works so acgaired. A am-
et has also been concluded with Moms. Gloss, Elliot, and
Company, for the acquisition, by this Company, id
their mannfactory, premises, patent*, stock, and business, the
guns deratlon being paid. to the extent of LlOO.OOO, in fully paid
dp shares of the Company. Under these combined arrangements
the Company will , nter into possession of the amalgamated
businesses, and be entitled to their profits, as from tha Ist of
January last.
The Com y's basher will be conducted under the personal
ampssfntendence of Mr. Barclay and Mir. Glass, as Managing
Directors, sedated by the efficient staff of the united Companies
Tim agreement with NM-n. Olssa, Elliot, and Company pro-
vides for the assignment, with the consent of the Treasury, to
the Company of the lease held 14 that ens of the Submarine
Telegraph between Malta and Alexandria. The Alexandria,
Calm and Saes Telegraph, held by Messrs. Glam. Elliot, and
Company under agreement with the Telegraph to India Com-
pany, is also comprised In the arrangement.
The large profits which have hitherto been realised by both of
the above firms end the prospect which exists of considerable
extension of the business, justify the expectation of a large
return to the shareholders, independently of the profits 'emu(
from the working of the Telegraph Lines above referred to,
Conte, of the above contracts, together with the Articles of
Association of the Company, may be inspected at the Solicitors'
daces.

btinations for share. mut be made in the annexed fats
a 6 application Irlit be smouldered oak., the deposit of gl
per share has been previously paid to the hankers of the Coni-
c,. Thin deposit will be returned if no all,Ament is made to
towatt, and II an allotment is made, it will be applied
laepayment then doe.
An option will be given to the subscriber of taking one-fourth
of the share, allotted as fully paid up share..
Proapectuses and forms of application for sham may be ob-
tained at the °dices of the Company, and of the Brokers.
London, April 7, Val