The Express.
London, England, 1865-11-25 00:00:00

PitO3PECTITEL
An arrangement has been effected to amalgamate the very ex-
tended Iron, Steel, Shipbullelleg, and lithelheeeitig works and
enema of the llogbo Steel and Iron Works Company, In Sweden,
with the Northfield stool and Iron Company, near Rotherham,
it, England, both of which works are in full operation. and to
form the same into a Company, with limited liability, wader the
Joint.StockCompanies Act, under the name of thaanglo-Swedish
steel and Iron company ;Limited).
The Heigh° Company, in Sweden, pennon very superior faci-
lities for the manufacture of steel and iron by the Hemmer
method, and at these works, under the management of
Gorieurson, the Bessemer process tor producing steel first becams
a inn:Deal succees. It has. however, been found absolutely no-
cessary. for the full development of the mottle es of the liobgo
Couipauy, to secure a deptit for their steel ingots, together with
forging and roiling power in England ; and the Northfield Steel
and Iron Company having already ill eeistence extensive plant
specially adapted for the forging and rolling of steel ingots, it
has been agreed to work the two concerns under one manage.
meat and in one interest.
The whole of the estates and properties of the eon lots,
eluding blast Int mins, rolling mills, foundries, engine and *hip-
building works, together with stationary engines, railways, ships,
weal in cansiug on the same, will Le taken ate va-
luation by two valuers. one to be appointed by the vendors,
and the oilier by the Direeton of this Company, and will be
conducted uu the principle as between au outgolug and incoming
partner.
The vendors accept aspen payment of the purchase money
the sum of £200,000 in shares of the Company, with Elti 10s. only
credited as paid up on each share, thus h.-coming proprietors
of £400.000 of the capital of the Company, the whole 'of which
• the veudors agree to hold for five years : and that no dividend
shall be payable on such shares so held by them during such pe-
riod mail the other shareholders shall have been paid fifteen
per cent. per annum on the paid up capital.
The vendors further accept, us part payment of the purchase
motley, the Company's debentures for £200,000, redeemable in
three, eve. and seven years.
A mortgage o£ooo,ooo. already envied on part of the pro-
perty proposed to be purchased, wi 1 also be trausfened to the
new Company.
No payment whatever, either in shares or cash, Ls to be made
for 'goodwill.
The result of these arrangements will be that nearly the whole
additional capital subscribed will lie available for extending and
developing the business of the Company; and the acceptance of
these terms by the vendors is eatletactory evidence of their faith
in the undertaking; In fact this Company Is not fo eddtoy
rm pa
out the vendors, but purely to enlarge the partnership uner the
more conveident form of limited liability.
Cossession of the robing and works will be gives about the
Ist of January next te,oo;, and this Compsny will enter at once
upon lucrative businesses in full eperation, free from the risks
which ate inseparable from newly-established undertakaugs.
The Ilfigbo and tidskeu, Sandwiken, Garpenberg, Holmdel,
and Walla estates, with the furnaces, forges, and mines. are all
situated in one district, but at some distance from each other,
and it is advantageous that they should he so, as if they were con-
centrated in one locality it would be impossible to obtain the
necessary quantities of charcoal. Saodwiken is situated twelve
miles from little, and immediately adjoins the tittle-
bola Railway, from which two sidings at ditterent levels traverse
the works. the lower for removing steel bigots and forging', and
the upper for ironstone, wood, lime, and charcoal, to supply the
I is. Daces. These works possess ale° direct telegraphic 0.11111111.
'ovation with Englund, the telegraph and postal depot for the
district tieing situated w Rhin the Company's works.
and Edsken are only four English miles from the same
railway, and a government railway is in contemplation, which
will rite Gsrpenberg, Horaidal, and Walla Works direct C 011111111•
incatioa with Sandeiken, Gene, and ,tockholm. The whole of
the works poetess facilities fur water transit, by means of lakes
and rivers.
'the works of the linglio Company, at Sands Edsken,
llogbo, Oarpenberg, and liorndal. with very little additional
outlay, are capable of producing 15,100 to .20,00-thins of Bessemer
steel per annum, for the portals"a of ehippoig and boiler plates,
ordnance, tyres, rails, axles, Ac. The rate of profit, per tun now
realised more than Justifies the expectation of a return of not
less then ii to 20 per cent. upon the capital required.
The manufactwes at Nykoping ,omPrise Heel and iron
plates, cannons, railway axles and wheel., steel and iron
forgings. At the Engineering Works at Nykoping the Comp)n
nu mafacture locomotives and marine engines,Seera of
the locomotives built at these works are now sunning on the
Swedi-h railways.
1-he shipbuilding works ore capable of great extension, and
with additional espital there Is no reason why the Company
should nut command the greater portion of the shipbuilding
business of the Governments of the north of Europe. Iron
set ,ant end railing vessels, op to 1,400 tons, have been built at
these works.
The Northfield Works are capable of rolling one hundred and
filly tons of steel ingots into railway tyre.., We., per week.
These works have also the exclusive manufacture of Captain
Rodger's Roteut Anchor. for which large orders from theare now
Adria-
ralty and many of the great steamboat companies
in course of execution, soil the demand for which is much
greater than the present machinery of the Northfield Company
enables them to meet.
The use of charcoal in Sweden instead of coke enables steel to
be made direct from the taut filehaCeS, thereby avoiding the
expense of re-melting the pig iron (which is necessary in Eng-
land:. end thus effects it greet saving hi the coat of production
whilst owing to the freedom of the ores on the ea des of the
Company from sulphur and phosphor, sod to its being worked
with charcoal instead of coke an coal, the quality Ye superior to
any
.produced in this country, being fully equal to the best
quality of cast steel made under the old process.
The magnificent supply of cater power possessed by the Com•
pall at their various works, and the cheapneas of labour in
Sweden. oleo contribute materially to lessen the cost of pro.
ductlon.
Taking into consideration these facts, together with the
immense and daily increasing demand for steel, there can be no
&met
L a
ot tht with the introduction of additional capital this
Company must realise large profits.
'the services of Mr. Goransson, who has hitherto had the
management of the works and estates of the Hatterest ho Cominpany,
in Sweden, and who holds a large peconlary int this
Company, have been secured as alauschig Director for Sweden.
The memorandum and articles of aesiscistion cosy be inspected
at the offices of the Solicitors of the Company.
Reeperteses and forms of Application for shares
soli mcitoay be
obtained from the bankers, brokers, auditors, and rs
and at the offices of the Company.

1111AILLOWS PATENT OASK STAND a new
taventioa, so admirably contrived PM a teA ban, as
veil so smaller casks. may be raised or tilted on it wMboat
labour er trouble. Its adios Is so bapelpable that the 'Naomi
of the mat limpid Said by no podbility can be disturbed.
Price 95., 12L, 14a., to suit 4,0, and 18 piton casks.
VtABLOW'S SELF-ACTING SYPHON TAP.
vent.peg required. No more dal beer or war wine.
Price Mt_ed. ditto, electroplated Apply direct to JAM AS
BARLOW, patentee, 14, Bing Villilanctreet, Madoo-bente.
fee thM Ids mine and addrets are on wrery article: all Mittman
inerioas inutattoom Is wisp pails. Zstablitliad

LOIDON OARPET WARBIIOIIBI.
LA WAVOR and SON, $ and 4. GOODOLISTRIZI. W.

BROWN BROTHERS.—PATENT CHAIRS
sod COUCHEi Barrack Furniture, Trunks, Podium,.
taw, ha., PRICK. CONSIDERABLY REDUCED.
1416, PICCADILLY. Catalogues tree

'NAVIES'S BEST DIP CANDLES, 7d. per lb.;
.IL/ paraffins, la. ed.; second paraffins, Is. MI.; sperm, la. ed.
L
mad ed.: One British wet, Is. 60. , transparent wax. la.
bols ed.i*
;
Esbnamt ems and 'perm, ; German was. IL ad. ;
wax, 16 ; composite, Bd.. N.. and the beet, 10d. ; metal& for
PalmWe ]asps. ; magmata. 90.: moalde. 16d. best
Colm ell, te. per gallon , yellow soap, Iffie.. Ms., 44e, sad
ets. per Ilribe : mottled, Os. old brown Windsor. Is. 9d. per
pail*: common brown Windsor, Is. ; white Wlndaer, la. ed.
Coney, le. ed. glycerine snd almond. Is. per ber—tor sank at
Y. P. DAVID and BONO old established
W.C. warshavae,
lisren'olane, Charing-moss. London.

OVERCOATS.—HAMILTON and KIMPTON
call espechd atteutton to the NEW WINTER t.IOODS toe
0 VE*OE/ATM, and Invite an Wald.pection of the same. N.B.
Sponse* garment" always on
No. NS, Strand, opponte rider Halt

DSCOTT'S BILIOUS and LIVER PILLS,
JLF a Bever failing remedy, prepared without any mereartal
ingredient, from the recipe of Dr. Scott. will be found Invaluable
to all who auger from bilious and liver complaints, Indigestion.
wind. spawns, giddiness, dizziness of the eyes, de. For habitual
costiveness, as a family aperient medicine, and as a purifier of
the blood, the) are truly excellent . mild In their operation and
grateful to the stomach. they create appetite, promote digestion,
and strengthen the whole nervous system. —Sold by W. Lam-
bert, chemlst. 8, Xing William-street, Charing-crook and by most
druggists. in boxes. la lid. and Pa. ed.Be sure to ask for Dr.
Scott's Dillon, and Liver Fill. The Renatoe are Ina ware green
Oacinsge with "William Lambert" engraved on the stamp

NEW SONG, " Warbling& at Eve." Poetry by
FARSIE. !db.& by the composer of " God bleu the
Prime of Warw." 3s. Free for le stamps.
London: Robert Cocks and Co., New BarUngtonstreet, W.

Just published, price ed., by past fur seven stamps,
RimMEL'S ALMANACK for 1866, richly
Illuminated end delightfully gertumed. bold by ell the
trade.--liIMMOL, Perfumer, 16, Strand; VA, Regent-street;
um! 1:1, etrnhlll,

nOCTOR
the MARIGOLD'S PRESCRIPTIONHZS.
-1—• Title of next CIIRLSCSIAS NUMBER of ALL T
TEAR ItOUNb.
26, Wellingtonatreet, Strand. W.C.

EVERY WH 'S BODY'S BUSINESS!
AT IS EVERYBODY B USINE&SI

EVERYBODY'S BUSINESS will bein
1.1 EV ER V BODY'S hand., and In EVERYBODY'S mouth.
EVERY WIIEKE, on
nlo the 2oth Ihetruher.
Don : Shuphin nod Marshall.

"O NCE A WEE K." Illwitrated.

CHRISTMAS NUMBER.

Price 6d.
Eighty pagea, with numerous illustrations, to a wrapper taste.
fully printed in colours,
THE CHRISTMAS NUMBER of
"ONCE A WEEK,-
Bradbury, Even', and Ce., 11, Bourerie.street,

Price la,
DR. CULVERWELL on MARRIAGE : Its
Obligations, Happinma, and Disappointments.
Dann, Conduit . or Author, 3, Oreat Marlhorough-street, W.
Working Nana fee, halt a Guinea.

R° "'LANDS' MACASSAR OlL.—Tllis
elegant, fragrant, and pellucid oil is univerially In high
repute Sr. its unprecedented success during the last sixty years
in promoting the growth, restoring and bcsulifying theengt human
hair. It prevents hair from falling off or tuns Ina grey, std
it
rhe
weak hair, clean. es it from scud aud ilandriii, an makes
beautifully soft, pliable, and glossy. For children it is e• peel-
ally recommended, as forming the basis of a beautifu herd of
hair, while its introduction into the nursery of royalty,l and the
high esteem In which it is universally held, with nume-
rous testimonials couatautly received of its efficacy, afford the
best and surest proofs of its merits, ce 3s. en., ix., On.
dd.,
equal to four small, and 2.15. per hotPritle.—Sold at 20, Batton.
garden, and by chemists and perfumerv.—Ask for itowlauda
Macassar OIL ----

N_
OTHING IMPOSSIBLE.—Tbe greatest and
most useful invention of the day, AGL'A
Mews, JOHN GOSNELL and Co.. Three Hing-coum, Lombard-
street, Gordon, perfumers to her SI &testy, respectfully offer to the
public this truly marvellous fluid, which gradually restores the I
human hair to its prutine hue—no matter at what age. The
Ague Amara& has none of the properties of dyes; It, on the
contrary, is beneficial to the system, and when the halt is once
restored one application per month will keep It in perfect colour.
Price LI Is. per bottle, or in half bottles, lei. &L John Gosnell
and Co. have Teen appointed perfumers to FL LH. the Princes, of
Wales—JOHN Go9\ ELL and ce. CHERRY TOO I H PASTE is
greatly superior to any tooth powder.—To be had of all per-
fumers, chemists, and at the manufactory, lit, Three King-coUrI.
Lomberdotreet. London.

UNIVERSITY COLLEGE HOSPITAL Professor
Jenner, M.D., Mr. Henry Thompson, led Mr. W. F. Low,
as a deputation from the council of University College,
London, waited on his Royal Highness the Duke of Gain.
bridge on Friday, the 17th lost., on the subject of the
affairs of the hospital, when bin royal highness graciously
consented to preside at the annual dinner to take place on
the 18th April next, at Willis's Rooms. A magnificent
contribution of 100(. to the funds of the charity has been
received from Mr. W. R. Young, of Florence, through
Mr. L. H. Harris, of Fumival'airin.
NATIONAL RIFLE ASSOCIATION.—The result of
the trial of small bore rifles between Mr. Henry, of Edin-
burgh, and the Birmingham (Whitworth) Small Arms Com-
pany has not yet been officially decided. The competition
was so close that the diagrams have to be most minutely
calculated and verified, and the decision arrival at by the
council of the National Rifle Association will not be officially
announced until Monday next.
HsTen.tes.—Tbe meaning of the singular adver-
tisement that has been deployed for a month past as walla
and hoardioga, consisting of engravings on a large scale of
a number of quaint-looking persons in their night-dreams,
is explained. " Hatch Ups," or 'Stories told is the Dark,"
is the name of Beeton's Christmas Aanual for 1866.
LITERARY AND SCIENTIFIC MEETINGS" FOR TBZ
ENSUING wrze.--Idooday—Actueries, Principles
of Construction of Mortality Tablea," Mr. Made= •
Geographical, at 8). " Overland Journey, Rockhampton
to Cape York, Australia," Moen. Jardine ; Discovery of
Route between Rockingham Bay and Valley of Lagoosa."
Mr. Dalrymple ; " Boat Voyage (1,600 miles) aloes N. and
W. Australia," Mr. Stow ; Society of Arta, at 8, " Effects of
Discovery of Precious Meals on Ancieat Civilisation of the
Mediterranean," Dr. Hosting,. Tuesday —Elinsera, at 8,
" T.-leg soh to India, Australia, and China Zoological,
at 84, "Identity of Broad-fronted and Hair;sessed Worn.
bet,' Dr. Muria ; " Fossil Birds from Antva, Melte."
Mr. Parker ; " Affinities of Proogehoroedtelope; Mr.
Bartlett. Wednesday --Society of Arta, a* 8, " 'Prowled
Purchase of Railways by Oovernmeot," Mr. Howse. Thugs-
_ day Royol, at 4, anniversary ; Antiquaries, at Bi, " Au.
TE. INVIGORATIVE NERVINE ESSENCE I tbenticity of Pastor' Letters," Messrs. Bruce Mad Minna.
Saturday—Horticultural, at 2 —Atheurritio.
the cordial The
rwßisclinetrtidlic2lalvw°4,..4,,..tosoat aeon ➢o b The death is announced of Baron Biondi's, the
an the secretions, on the hitagrity of which perfect health ited heed of one of the leading families in Hertfordshire. The
It Ise speeLle for debility of all kinds, and trom its con.. baron wan highly enneemini in hi, county. and not the least
=.l' among other Ingtediehte, PePetneetel Ph°ePlette °I by those who were fond of the sports of the field. Be is
'rill "one heth/7 beneficial to the °l'm' digP"Sic" I succeeded by the 800. Mr. Dinisdala, who was on
Mos ta. par bottle, or four quantftha In one for 291. Bole his son,
Ase.te. end Co., en% onfornninno, w.c,. one OCC&Mi011 the conservative candidate for the repremmtia-
sad nit, Fanchurthatnet, 11. C., London. Moe of Hertfordshire.