The Express.
London, England, 1864-02-25 00:00:00

THE GELLIVARA COMPANY (Limited). •
Incorporated under the " Companies Act, 1960." by which
the liability of Shareholders Is limited to the amount of their
shares. •
Capita 400.000, In 11,000 Shares of P. 50 each, with power to
Increase.
Deposit ft per Share on Application, and id on Allotment: the
remainder to be called up u required, but no Cail to exceed 55
per Share, and at an Interval of uo less than Three Months
between each Call.
' interest at the rate of 6 per Cent. guaranteed during the drat
three peen.
DMMTOIte.
E. P. Alderson, Esq., 26, Old Broadoirest.
Thos. ilrassey, jun., Esq., Great Cieorge.street.
Chas. earnmell. Fag , Sheffield tad Loudon.
W. K. Gladstone, Key., 67;. Old Sroad.street.
J. IL Johnson, Esq., Director of the Kaglish and Swedish Bank.
George Payne Kitson, Ines. la, King's Anus-yard.
V. *filbert. Enj.,
Hugh C. 'smith, Esq., 41, lielgraseaquare.
ileac= a Losboh—]inners. Smith, Payne, and Smiths,
I, Lombard.street. 1
niacin no SRI:DIX—TM Nails& and Swettlah Bank !Lathed). I
Stockholm mud Gotlutuhmg.
SoLlMOLS—llesers. Dawes and Sons, 9, Angel-coact,

Timms.
Ileum Ma:hos. ILarattalt and Daniell, 3. Lombard-street
Messrs. Issureoce. Son. and Pearce, Bartholomew.lane.
sicawraar--efartes W. UHL ►+q.
Temporary Oakes-1, Copthall Chambers.

This Company has been established for the purpose of par.
dtsolait a ProPertY in the kingdom of Sweden banns as the
Galivant Maisie, with the view of developing lie great resources.
The property Comprises
(A, About 1,100,000 acres of land. 900.000 acres of which are
tropical. and the remaining 190.000 acres can be male of the
same tesurt. More than 500,000 aeres cowisrt. of good forests of
red and white pines : 100.010 acres are already under entthatlon
or flt for it and farther attendee distrsda will become availa-
ble for agricultural papa's.
B The GeUivars iron bed Is probably the largest and most pro-
ductive in the world. extending ever nearly throe square man
The ore emulate partly of hematite and partly of protoxide of
Iron, without any visible trace of pyrite, yielding on the average
05 per cent of pure metal.
The mountain was surveyed in 1857. by a practical
ruining engineer, Mr. Thomas, and he reporfZlia his
opinion bettsat :

" a systematic mode of working, there may be
readily extracted from seven I. eight millions of toss of very
tine magnetic iron stone, readily obtainable by levels, and
without the applioetion of any draining machlevery : and that,
no doubt, even this large quantity iraight be materially increased
by removal of top rubbish and vegetation on the line of bearing
of the iron stone, before it wtll be found necessary to apply any
machinery tor Mainage.
The mountain was likewise inipecied in 1862 by Professor
Prilmanu, Chief Director of the Royal Geological Salvers in
Sweden: and, according to his report, a Moat Incleher of the mina
are estimated at from 100 to 20D led in thickness, and about 1,000
feet in length, and the produce of one duple vela may fairly be
calculated toequalmsore than three million tons are.

lie farms; ulna wstor and one steam mw-mill, two Idante
furnaces, tour ironworks. • ship-building yard, &c.
The greater portion of this property was purchased from the
late Sing of sModen, by aa aniociation of saetchants in Sweden
and Norway, whose operations have been confined to the wood
business and to a gradual extension of the cultivation of the land.
The wood bottoms yields vary favourable remelts. The annual
production is about 10.400 Sl Petemburgh standard, or about
33,0im loads, costing. on an average, LI and selling readily for
shipment to England, France. Spain, itc ,at prices equal to an
average of £4 Se. pre staiktatel, free on board at the shipping porta
thus showing • profit of ill Si. per standard. This production
can be considerably Increased by the erectioskofmore saw-mills.

The value of the Iron owe is Increased by the circumstance
that wit►out encroaching oft the timber adapted for more value.
hle purposes, the forests of the estates and the waste wood at the
different saw-mills give an abundant supply of charcoal, at a low
cost, so that M,lOO tons of pig lion can readily be made at a cost
of it ifs per too, free on board at the shipping port, while the
preterit selling price is abode it per ton.
A ready sale of the ore may be safety calculated on at the esti-
mated price of 15s. per lon, free ow board, at the shipping port,
to tilt owners of the forests and saw.mille on both the Swedish
and-Finland side of the Gulf of Bothnia, w►o have nnw lame
quatitire of wood annually wasted, which they could turn into
value by making charcoal of it, if they could obtain good iron
Ore at a modente cost for smelting.
. . . .

only ntistacle for worting the mineral property has been
lbs difficulty of transport of the ore from the mountain to the
furoacto and shipping port. The 3leduh Government and Ifkitk
fully appreciating the great beuelits which the woeking of these
valuable mines would have on the national prosperity, have now
Mat their aid by granting a oensiderable subcenUon for facili-
tating the transport.
Very careful surveys have proved that the most economical
means of transport will be by a railway from the iron mountain
to the river Lule, a distance of about bizty English toilet, and
by further making two abort camels to avoid rapids and falls,
which will render that ricer navigable to the port of Gaddvtk in
the Gulf of Bothnia-
_ _ _

entlre cat of this railway. Including rolling stock. ani of
the two canals will not exceed 5i131.000 . and towards this the
Swedish tlovernasent and Diet have granted a subvention to
the amount of 05u,000 iix dollars, or about .e 49.000.

This Company has tontrected to purchase all these valuable
estates for the sum of 4125.00), to order to earn on and extend
the wood boldness. to ertend the tultli allot' of the land, to work
the mineral wealth of the property. and to cowstruct for thla
purl* we the railway from the °Mtwara won mountain to the
river Lute and the two mule on that river.

"*.Y7r the sesa capital of £.560:1300 is required.
The present 'Wait, about 0,000 standards of msf.ufact and wood
goods, will be taken over front the vesid‘ws at their actual oust
uric, whereby • considerable profit at be directly gained by
the Company. . . . . .

Tbree 'eon grill be required to construct the railroad and the
canals, so as to bring %helms liminess into full operation.
The returns of the undertaking may then be fairly estimated
en under:

lit.—From the tale of 00,000 tons of iron ore to pro•
prtetors of furnaces in Swedes and Finland, at a profit
of ea per ton 0.18,000
red.—rront the prodsction of 25,000 tons of pig iron at
the Company's corn furnaces at a prat of 43 la per

61,tie
Srd —From 1,5 000 standards ot wood at a prod{ a £l3e
ttr Itsadard
- lB.7fd)

ttIL —Front net Intone of railway
Std.—From net Income of canal and trate attlBoll

Deduct for management, de

&TOO

i:iii

L 103.005
. BAN

Net Croat 196.090
or 19 per cent, on the share capital Irrespective of returns from
Lnd, probable Increase to sale of ore, and profits to be dashed
from the Company making bar iron and steeL
The map and schedule of the estates. estimates of east of rail-
road and canals, and estimates of cost of production of trap and
wood. together with the reports of If r. home, and of Mr.
Alexander Erdaunn, and a letter from the Minister of the
Interaur, in Sweden, bearing testimoni to the great Interest of
the ?wedish government to the trade:taking, say be sew at the
Company's ofiees.
. . . .

Copies of the Demerol:wim and Articles of Asetwiation lie tot
lection at the ufhce of the Solicitors. Deism. Dawes and Sows,
and st!he temporary dices of !Aft company.

Ap Iles:ton for dares must be mad; in iko annexed form, ac-
companied by a deposit of Al per share.
Prupectoses and forms of application for shares may be oh-
tahied at the temporary oracles of the C..mpany, and the London
Financial Amociation ,Lingited , 1. Ihreadneedlektreet. and the
Broker's, the branches of the English and Swedish Sank to
Stockholm and Gothesbnry kill also receive applacationa and de-
posits for shares fur transalamon to England.

This form must be delivered entire to the Bankers of the Com-
pany. sad. atter payment of depoait, the appftcatton to be re-
tamed by them.

No. FORM OF APPLICATIo:t FOR SMARM
To the Directors of the Gellivara Company 'Limited'.
Gentlemem,—flarlaig paid to your hankers. Messrs Smith.
Payne, arid Smiths, the sum of a; being a deposit of
41 per share on shares In the above Company. I
hereby request that you will allot me that number ; and I hereby
mares to accept such shone or any smaller number that mop be
allotted to me, and to euvute the articles of serertation ehenTe-
nulred. and to my name being placed on the register of sharp
holders tor the shares so idloc,
Name in full
ltreklence
Proforma re lemlnam
Data

• Daring the first three years required for the hildetelopeeellt
of the p►operty, the vendors ipsarantee that the income on the
paid up capital shall amount to at lout six per cent. per annum
payable haU-yearly, and they have bound themselves to make up
any deficleocy In such amounts . as smutty for the due fulfil-
ment of this guarantee, the vendors leave in the hands of the
Comps y 00.000 of the purchase-money. which, together with
the profits of the wood boyars. forms an ample guarantee fund.

HYAM and 00.'8 BOYS' CLOTHING, 66 and
67. 011011D4Iltirt The lint itablialment I. the
Kingdom for way demription of Boys* and 'iostM Dram.
Hyena and Co.'. Capes for Little Boys los. 6d. to 17► Od.
Hymn and Co.'s Oearoaat for elder Boys
Byam and Co.'s Jackets for Boys and Youths 10e. 6d. to 25.6 Od.
Ilysni and Co s Etna Salts for Boys
Hyam and Co's Harrow Salts for Boys
Bysta sad Co.'s Osborne Suits for Boys
Ryan' and Co.'. Kakkerbocker Suits
Hymn and Co.'s Trauma for Boys
Hyam and Co.'s Vests for Boys 4 M. to Si. M.
Hysm and Co.'s Trouser. and Vests alike
Gentlemeds Select Order Department.
Separate Department for GeMieraon's Clothing.
Hata Cap, shirts. General Hosiery, Cinbrallaa, de., de.
H liAkt sad CO., 46 ant 67, Oxfordatreet, W.. 11, sad SI
New-street, Birmingtma • and 41. Briggs* Leal►