The Express.
London, England, 1865-06-22 00:00:00

WI.• Vias. Omit Leader laider4drase,
The Ores Bask et Prteerofgest,
2=a mg liesiesissa'a Bank Warted), Illaboiagiame,
Were. girth, Payne, and hadthe. Lorabardwasest, Leader
The lesikeed Beak. London. Darr. and ism` brearee in
The leatlemal Bast of deetiond. Br he{!, awl Ms imuseire
ThtherlerL
Osegeriated Bar, Leodeard sea shoderl
Mom .1, Bereed and Co., LiseipooL
kris. Laseremte, her WO ronetra.rersciA Angel-murk IC., Lads}
lwtea Prlseir, rearedre, Cle, Ardetriars.
Mere. Tsarina gad LlOseue onslowylogi
limns dim sol
Teem Tarr mad duldaaVr.
Of oil the=== , pore has ever
ensiled r so to the Uralic
Tsbal"krairra
The Is paretly elvieue, Use braise
=4 lam 09404% Irwin as thareenere rater be
by fie to rib the seientille
=rasimaleas I=l:lllo4=mitd is any se-
as/ Mw tale. w beOl~aen-
, EVb B=serts =.llasigkie. sr=
WI die' feel. Inanities; itehrellie is
yeaeord
it Is Merritt* to estimate.
TNI Mar _tiPtioddil ci the Pried *Ale re amok to to iota
IS steady re ears of mur steiterowe agereget allwhe an
ere et the
The date re the Brest lastarn stawasWailispartiff• vlll the
rirtmetereAr fixed for the tith July, Ora a horde& from
ger sad Br net re meets le or ihr *gm the
roe r Wer terra the vier outliaant cd
wan be intent epos watallar projers.Hiprr
the Prime et Melee hoe his warm letTrerViise emir
Beitems"4"Fatielti=grini the err els bred re &eat
Tog neryttert thereateral:eithe underrideg tuft:Mier &own
tree2.llresiffs.Beverimeeed raring the seers, et Mew et ire
erh. jacalVilirrert =. ands Tl"ramist its sr
ardairld OW 411 ilmei se We sotootoktot, of Kam
=aid:risil VA% tirr...rru se,
wort Wah
gnereaser whed Mir W. ireeresterf
remeeed per wordrit , hal seliettraggregit wherthesehts
would bit reedy for artualage It telelbeglimil Ule IMO et War
are this array ware is— 'der era elle reit le le weer
or. far neetrelles the beret of it by eespletely choking eta line,
that a representation to the Lords of the Treasury within the
lag few days is the subject has Wither lordships to corer to
the Brayer, until 1.1 Ortember out, eaperinisetallt charg-
ing, without metric ton, such rare for merges sa the Company
may,en ton eoesltieratlon, deem reasonable and proper :" and It
is fullyarseled red by tide arrangement the net proem will
nub eve saWion merlins per annum.
The capital et tbe Comp.my is composed as follows, :
,glOOlOB gee per cent debentures.
4.01,00(1 eight per cent preference shares (of which the pre.
neat Mgr forma the balance).
0300,411 ordinary shares.
The racor Twiergl to pay ape coat inte-
rest on £lOO,lOO debentarm is £5,000 per annum
The unaunt required to pay the preference
'Bridged of a per emit en firer (of
whir lb. weer rue kers the balance) £48,00•
The amount required to 4 per cent. on
14100.030 orrery is

Hakim a total of £77,000
Leaving £elB,Ouo per annum surplus Income. Half the ;mount
of ay revises above lira said £52,11011 la &reliable fee=
bonus to the bidden of the said 8 per cent. preference
Therefore, en the above-mentioned maculation the total mail-
able dirldend and hones would amount to above 76 per cent per 4
annum, In addition to Qv, 8 per cent. preference as above,
making an estimated total dividend of Se per cent per annum
on these preform:gestures, leaving, attar deduction of even !epee
omen far the formation of a renewal fund for laying down a new
cable, 61 per cent dividend, of which 8 per mal would be pre-
ferential dividend, secured by act of mammal.
What the price of these slam will be a mouth hence. with
each prospects It Is dUficalt to Mg, especially at the
above Wen do not in the opinion of pm.s competent toilful;
at all remnant the m. 'am probabra receipts : but taking them
en the heals for calculation, and considering the continue t de-
mand there must be for meenegea, consequent upon the ever
Inmesslng badasee between the Coatineut of Europe. Upland,
and America, and bearing In mind that this cable will complete
the Um of telegraph between San Francisco and tndla, it is sot
QM, by the time this legralrale emmfoshichikw
Mrs.ienbabis ingtand and America Is an accomplished bet, them
shares may be worth SSD. Of g premien: shun
ham the pha illase: of Latest thiting in thepet Wenn& advisers
el the Atlantic Telegraph Company, and from the fact that the
laybg of the cable has been entrusted exclusively to the eminent
oucir.cttng company who have had charge of the maratfaciam
of it, and whose staff of engineers and electricians ham moors
My laid most of the ranting cables whether laid in deep or
bellow mak it may well be believed that every premative luta
been taken to ensure the moo asful laying of this cobra. This
achieved, the only bar to the theme attaining the high rase
which every one acquainted with the undertaking pla es them
et Is removed. This risk, however, may easily be armed when
it la mentioned that loading Insurance Companies and ILloyd's
hem uoderwritten policies embracing every risk of =a-
miable, at 16 guineas per ant., 'bowie( their
is the result saticipated.
Melly, the Directors of the avowal Congenial Intervened in
Ors mate/prise fully anticipate being able to report each day
daring the laying the farousable progresa all believe In, and of
thesurcess of an undertaking which all look upon as a national
Perk.
lt will berm from the proposed allotment of the abates that
diedelhatten id them Is Mended to be made upon as wide a
liestem pomade. so as bete the whole of the applicants the
mut mood readying as allotment, and of being permitted to
Pia sa u mplsd coramerelally profitable as well as pati-
ent'? important
Pteemeskines anutdC:l2 can be abased of the
Credit Nemelet el Hobbit (Limited) Wired Lowe,
1111Milecretary), at their eves ,17 and 18, COI LC.,ithill Loudon :
of the Imperial Ifercaralle Credit dasoclatim (Limited) (W. C.
WI, stbettoen. lbg Secretary), at their °Hoes, Lombard.
attest ; she of the Atlantic Telegraph Company (George Seward,
Nag., Secretary), at their Abet 11, St. Helieseeplaos lon-
den: of the Telegraph Construction and aranteamme Company
(I,tmltt) ,4:f. Muter, Esq.. Secretary), at their carom. at. Old
t • or of Vi Broken or Bankers ; bat no application
woi Ite entertained unless the sum of CI par share on application
Da been paid to ones a the Company's Bankers ma the number
EZdtor. Ivory applicant will receive an allotment, but
aUM number be allotted than Is asked be, the amount
paid will be applied towards IM di per limn dm en ages
ralleited.

Leedom, JUIN 19, 10t6.
MET PEE CENT. PRZTERINCI—SHANNI ed tie ATLANTIC
TELEGRAPH COMPANY.
Imes 91 MAN Shams, AS melt.
NIA
To the Dtreoton of the Credit Fonder and Mobilise
of Zealand (Limited).
emitimans,—Naving and to tie Rank the sum
'K t being At yew share on t =t;
regame* skates of AS each la the Atlantic Telegraph
Owe ss , I
eetiseed•
request you rill allot me shares In
Um end Company upon the Wee of the prospeetes temed by
pee, and I apes to accept such shares or any leas number that
by be slimed to me, and to pay the further sum of Et per
glare thereon duo on allotment.- I sen„ Gentlemen. your
obedient sirvaat,
Canal signature
Name ma anniesse in full.
Pro/orlon trade, or occupation
Zandman*
Ate June, MS •.
-
• lasers betaken' mem

88111 C of 50,000 EIGHT PER OEN'
_ FREVERINCY MAR= In the ATURTIC TIMM]