The Express.
London, England, 1865-07-24 00:00:00

LONDON, MONDAY EVENIN(. JULY 24, 1886.

QTO D A RE. —IOOER REPRESENTATION.
RoYerus HALL—TIIIIATIJI et MYIITUI7.—The Den
and marvellous illuelone the INSTANTANIIOI7B 011,ONTH
of moms TEEM and the REAL INDIAN DAME? FIAT,
as out, performed by Colonel Medan and the ladles
and Introducld for the drat time to this country, %ll=
Madam on ZIAW Monday. AMU 17, 1366, In hie celebrated
Entertainment of Mask and Ventislun. LYRRY NIGHT
at
ondd SATURDAYIT Ira Ord," earg=
"rotrifloxtstnall, I
annclau
Admission, Is.. area. its.. k U.—Tickets et Mr. Mltcludre,
83, Old Doodetreet, and at the Dox-odles, Edypelan4mll, from
11 to 6.
. _

lineation of the seaeon.*.—Vlde "Peaoh," Jame L MIL

A- N OXFORD.-66, by J. OFFENBAOH,
performed by Mame Rumen, Tyrrell, Berrie, Wslmam
saes. St. Albyn, Omen, Hoak, &a, with tun band end abatis*
Conducted by Mr. V. Josahmem. The Idiame Teem and dam
Gunnies; Moira Darla and Daft, Me FrAnbans, and Mow.
Break, lie mar Mash awn. Ir9idat4G, at apt • aloe.

THE A/IGLO-GREEIi STEAM N&VIGA-
VON and TRADING COMPANY (Limited).
Under the special Protection of his Mainly the Ling of the
°reeks, George I. u per Decree dated oth April, 1805.
Incorporated with Limited p. under Um Companies
Act, 1862.
Capital, £750,000, In 30,000 Shares of £26 each.
With power to increase.
Pint bane, 15,000 shares.
Deposit of t 1 pt share on application, and Ai 10e. on allainent
Bnlmeipient calls not to exceed £2 10s. per share, and at Intervale
of not lees than three months.
Disseroal.
Rear-Admiral 010101 ELLIOT, Chairman.
Vko-Atimaisal the Ron. Mr Henry Koppel, I.C.S.
Francis Tothill, L 9. Director of the West of Ens'aad Bank.
Bristol (Yloe-Chairman of the Bristol and South Wales Union

Hallway).
Mixolniel=eraksidierson, Sal:ineocari Co..
aops), .isente for.
Barley.
Henry Hawes Yoe. Sp., No. 27, Leadenhalletreet, merchant.
Adam &bale% Hen. (tormed7 of Dunlop sad Behold" West
India Agency, Southampton).
Tnomaa Page, Sty., C.E , M. leak CA, 7.0.8., S, Royal
Adelphl-terrace.
Stalin:me Emma, Eq., P.S.A., Consul-General for
Grates.
(With power to add to their number.)
Emmaus—The Consolidated Bank (Limited. London, Man-
chester, and Norwich.
BROlClU—?ranch Burnand, Eq., County Chambers, Lombard-

OMCIAL Arnrrona—C. F. Kemp, Canaan, Ford, and Co. 7,
Oreshamatret, EC..

&nacrroas —Mean. liaa;;c:ic, 11:ii.aad Bales, 25, Blrchla-
lank London.
Sicurair !IX. —C. Warwick, Esq.
Temporary Olicea—Zio. 7, Great Winthaiter street

PRfklPf+ClUB.

The want of a public 2t am Company, and a regular line be-
tween Wisdom and the WA, is much felt, and them has been
an urgent call for tae formation of this Company, which there
is every reason to believe will receive the cordial support and
co-operation of a large body of the mernbanta in the trade.
A provisional contract has been made, by which the Directors
are enabled to after', on unusually favourable terms, five new
steamers admirably adapted for this trade. These steamen
have been only recently launched, and h►ving been built ape.
cis ly for the Mediterranean trade, t►ere will be no digiculty In
commencing operations at once. The purchate•money will be
paid partly In cash, and pertly In shares of the Company. The
following are the steamers referred to, viz. :
Tons burihen, Horse power (nominal).
The Hinged the Greeks O,lOO 000
Count Spowseck 5,200 IMO
Conmousulouree 1.600 175
The Greek
fidanis on
.. 125* _ 150

Ifie proposed to ran • lino sermon of 8,100 tone Dorian%
each. aDd 10Dhoree power (numb:tilt, Irons London to Gibraltar.
Molly, Malta, the lonian Islands, aidl the principal porta of
Greece, Turkey, the Black Sea, the lolanda of the Archipelago,
the Coast of Syria, and Egypt. Competent agents will be at ones
appointed in the several porta, whom It is proposed to remune-
rate by *commission on the freighta they secure, in lieu of •
fixed salary. thereby saving the Company from outlay, and Ml-
mutating the activity of the agent.
All the vessels belonging to the Company will be registered in
England. and will sail under the BrltLh Msg.
Branch steamers of 1,125 tons harshen, and 180 horse power
nominal, 'volition to 600 horse power combined, will run In
conjunction with the large steamers, between all the DriociPal
porta of the klediterraneati, and Malta, Greece, Turkey, Asia
Minor, the Omit of Syne, and Egypt ; carrying the passengers.
mails, and goods of those countries, an I performing duties simi-
lar to those of the Austrian Lloyd's, and the •• Meow/eerie Imre-
hale," bat with ha greater advantage* The exports and impede
of Loudon with the But being considerably larger than those of
Trieste or Marseilles, this intermediate line will serve to bring,
by transhipment, from several of the smaller towns, the goads
consigned to the mercantile firms be England
1 he traushipment of alit/wad good. for London will be made at
the Pincus, where every facility, advantage, and aloom ruod &800 is
promised to the Company by the Greek Government., the Com-
pany being graciously placed Sy order of U.M. the King of the
ureeks under hie special protection.
There are several seep eta on the coasts of Greece, and of
Turkey in Bur , and la the Masada of the Archipelago
embody S. Candle, Shed, s, Cyprus, Chß, Beam a, and Mytilltelt
as well as the covete of Asia Minor and Syria, each of which ex-
ports from 150 to 1,000 tons per annum of dried fruits, dry wood,
tobacco, wool. cotton, silk, valerian, grain of all kinds, and
many other article* The merchants at these port. now ship
their goods, In the absence of steam verimunicatioa, at enor-
mous expenseand risk, In calques, or smell sailing vessels, and
send them to era, Smyrna, Salotilca„ or Constantinople, to he
transhipped and conveyed le England, the greater part being
brought to Liverpool.
The London market being the principal one In the kingdom,
the Apter,-Greek Steam Navigation and Trading Company
(Limited will advi.nce on the above.mentiened products part of
their value, and will undertake the consignment and sale of the
goods to Lonilue, at a commission, securing in this way a good
freight fur the steamers of this line, and obriatiug any detention
or delay in the return of the vessels.
On the other band, as the merchants in England to whom such
goods are coniigned are generally ordered by the consionms to
buy, with the balance of the eou'.igned goods remaining in their
hands such articles as colonials, metals, or other goods of
English manufacture, and export them to the aforesaid consignors
for consumption in the interior of the country, the greater part
of the outward irelght will be secured by the goods bought by
the Company in this manner, and their steamers will be thus
placed on the most advantageous terms for the outward cargo.
The import and export trade of Great Britain with Turkey
and Greece during the last five years has assumed an extra-
ordinary magnitude It amounts, according to the annual
statement or the trade and navigation for 'MO, to E1Er3;0,681,
whilst in 1850 it was only 7.712.811. The principal impediment
to the expansion of the trade has hitherto been found in the want
of • direct communication between the countries hat as the
establishment of Mil, Company will supply the deficiency, the e
Can be no doubt but that • well.organised steam sod trading
oxesinuty, with ample capital, will command the pester portion
of the trade.

The average freights from the Levant to London, since 18.541
to the present time, that M to say, during the last nine years,
have been more than 501. per ton, and the average freights out•
wards more than lue. per ton; but taking at the lowest freight
of gis. per ton out, and SU. home, and on a cargo of 4,200 tons
weight and measurement that the above steamers will carry,
give E7,800
Prollt from passengers

Per voyage
Less estimated expeama

41,900
LOH

Leaves net profit of £4,206
Taking at least three voyages per year, each steamer will pro-
duce, on he above estimate, a net profit on freight alone of
.C. 11,618, whi h, on the cost of one of the above large steamers,
amounting to %say) £66.000, Is more than YS per cent. It is there-
fore clear that it the steamers vi the above Company perform fu
they can easily do) four voyages per year Instead of three, the
profits will be considerably larger than the above estimate;
and this is Independent of the profit* that the Company will
reap front the commiation business.
In the eve t of 110 allotment of shares being made, the deposit
will be returned to fall. Should a less number of shares be al-
lotted than are applied fur, the deposit will be made available
txtword, the payment due on allotment, and the balance, if any,
returned to the anyhow:it.
Prospectuses and tonne of applications for shares may be made
to the solicitors, the banker., brokers, and to the manager, at
the spices of the Company, No. 7, Great Winchester-street,
London.