The Express.
London, England, 1865-06-23 00:00:00

Making a total of
leaving £923,000 per Luau= surplus Income. Ball the ;mount
et any revenue shove ltlie said 477,000 is minable for yearly
be to the holders et.the said 8 ter cent, preference
shares.
on the above mentioned calculation the total
avail-
skla dividend and bonne would amount to above 76 per oent. per
menu in addition to th, 8 per cent. realm am as above,
Makes( an estimated total dividend of 84 per cent. per annum
es
Mae preference &bares, leaving, after deduction of even 20 par
gesl for the formation of a renewal fund fur laying down a new
cede, fit per cent. dividend, of which 8 per cent. would be pre-
ferential dividend, secured by act of parliament.
What the price of these shares will be a month hence, with
imeh prospects, it Is difilcelt to my, especeally as the tigores
Move given do not in the opinion of person competent to judge p
M all represent the maximum probable receipts ; but taking them
as the basis for calculation, and considering the nominee i de-
mend there must be for mewages, consequent upon the ever
biareadng busbies' betweei, the Continent of Europe. Englaud.
and America, sad bearing In mind that this cable will complete
She line of telegraph between San Francisco and India, It is not
Improbable that, by the time th .1 % legraphlc communication
between England and America is an accomplished fact, these
Mares may be worth £2O, or 415 premium per share.
Prom the phalanx of talent esisting In the scientific advisers .
ef the Atlsntle Telegraph Company, and from the fact that the
laying of the cable has been entrusted exclusively to the eminent
centraming compeaw who have had charge of the manufacture
of it, and whose staff of engineers and electricians have success
fully laid most of the estatum cables, whether laid In deep or
Mallow seas, it may well be believed that every precanUen has
been taken to ensure the mom metal laying of this cable. This
neldeved, the este bar to the shares attainln the high value
wide& 'very one acquainted with the mod plan ba them
M Is removed. Thus risk, heirever. may eerily le aseseped when
pL mentioned that leading Insursuce Companies and Lloyds"
have under written policies embracing every rusk of lying, in-
gelation, Bc., at 25 guineas per cent., showing their confidence
le the result anticipated.
finally, the Directors of the several Companies Interested In
Me enterprise folly anticipate being able to report each day
during the laying the 'avowable progress all believe in, and of
theme's' dm undertaking which all look upon as a national
Week.
It will Maven from the proposed allotment of the shame that
the distribution of them is intended to be made upon as wide a
Mises possible, so as to give the whole of the applicant. the •
assurance of receiving an allotment, and of being permitted to
loin an unexampled commercially profitable as well se petit%
catty important undertaking.
Prospectuses and I. .nos of application can be obtained of the
Ctedit Fonder and Mobiller of England (Limited) (Alfred Lowe,
Am.,Secretam), at their offices.o7 and 18, Co. nbill, LODOD:
et the imperil Mercantile Credit Association (Limited) (W. C.
Winterbettom, Esq., Secretani, at their offices, 87, Umber&
Meet ; also of the Atlantic Telegraph Company (George Seward.
linl. Secretary), at their offices, 12, St. Helen's-dace, 1.C., Lon-
don ; of the Telegraph Coestructiou and Maintenance Company
Patted) (W. Muter, Log.. Secretary), at their offices, 54, •dd
-Mrest or of the Brokers or Banton: but no amine:ail in
will be eatertsined unites the slim of Cl per share on application
Maims paid to one et the Company's Makes on the number
applied for. Rosy applicant will receive an allotment, bet
a less number be allotted than is asked for, the amount
fald will be applied towards the el per share due co.. these
allmt•d.

London, June 19,1809.
BIGHT PER CINT. PRKYLL /NCB BRAINS of the ATLANTIC
TILLAG KAM COL PANT.
Issas of 60,000 Shares, Li each.
No
To the Directors of the Credit Fonder and Moblller
of Gantlanten,—Baring paidgniland to the(
Limited).
Bank the sum
et / , being P,l per share on 8 per cent.
preference shares of L 6 each In the Atlantic Telegraph Company
shore mtottotted, I request you rill allot roe shares in
the said romping upon the terms of the prospectus issued by
PM and I scree to accept such shares or any lees number that
may be allotted to a, and to pay the further sum of /4 par
Mars thereon due an allotment.— I am, Gentlemen. your
elMenat WWl* . .

Usual algostore
l'ionle mid surname to halt
Prdesaloix, tirade. or acogistke
Residence _ _ _

Ate June, MOS
• Insert bankers mune.

ISBUB of 50,000 EIGHT PER CENT.
PILIMILIIINCI &HAIM la the ATLANTIC TILNONAPN
011011EtANY.

- VOIVCIZZ and 100BILICR of 'NOLAND
11 ) HEIM OIVZ NOTlaghat flee SUBSCILIPTION
e the above Shares elli C aa TIAZtDAY seek ft
"lb bet ea 4 eche* for eIIOIIC4W4IO. and
WIDNIZDAY sent. the .111th I nK., et 12 o'clock, for country
entleatiorsa—By order of the Court.
ALFRED LOWS, Secretary.
17 and 19, Corehill, Londoo, Jane 21, 1816.