The Sun.
London, England, 1864-07-11 00:00:00

DIRECTORS.

The Right Honourable Lord Gervag,h, Army and Navy Club,
Pah-mall, S.W.
D. C. Griffith, Esq., F.R.G.S., Messrs. Griffith and Barton,
Assayers to the Bank of England, and the Anglo-Mexican
Mint Company.
Louis Guilletmot, Esq, Messrs. Guilletmot and Weylandt,
Bankers, Stockho m.
Edward Nixon, Esq., Ormonde-house, Bognor, Sussex, and
10, Victoria-road, S. W., Director of the General Financial
and Estate Ancy Corporation, Limited.
J. Paton, Esq., Messrs. Paton and Co., Merchants, Stock-
holm.
Charles Weber, Esq, Messrs. G. Hammond and Co., Swedish
and Norwegian Consuls, Ramsgate and Deal.
With power to add to their number.
BANKERS.
The Consolidated Bank, Limited, Fenchurch-street.
AUDITORS.
Messrs. Bennett and Gaskell, Accountants, 3!, Nicholas-lane,
Lombard-street.
BROKERS.
Francis Burnand, Esq., London and County-chambers,
Lombard-street.
W. Hannam, Esq., Manchester.
SOLICITORS,
tessrs. R. and S, Mittens, 7, Poultry.
SECRET'AR'Y PRo TEM.
A. Robinson, Estk
01.1FORAILY OFFICES.
7A, Lawrence Poiintney-hill, Cannon-street, lid.
The Company is formed for the purchase of the extensive i
estates of Robertsfors and Fredricksfor,, comprisitig about
1500:0 acres cfireeho.'d and crown lands, with large forests
and agrictiltural distriets,as also timber andiron works, ship-
bui ding yards, Am, and which ate sittiated in the county of
West Botten, in Sweden, five English miles Iran the harbour,
belonging to the estate; called Sixes;* in the Gulf of voilinia;
and also to extend the presen manufacture of iron, intro-
duce Bessemer's steel process, so as to produce on the spot,
from the pure Swedish Iron ore and charcoal, a quality of
steel adapted for rails, ship-building, locomotive engine tires,
axles, shafts, and other Machinery, boiler plates, armour
plates for ships, cannons, mortars; .Btc., and for all other pur-
poses where it has proved desirable to substitute Bessemer
steel for iron. It is also intended to. extend the yearly pro-
dttcc of timber for export, to build ships, and work the other
resources of the estate in such manner as may be forind most
boneficial to the interests of the shareholders.
The Swedi h bar and pig iron is j ustly celebrated in the vari-
ous markets of the wprld. At the International Exhibition
Of 1862, to leis than fifteen eXhibitots from Sweden received
medals for different kinds of thin and iron manufactures,
among whieh was part of an iron .hip that had struck on a
rock, and which was entireiy bent without breaking or
injaring the iron in any way, thus establishing its great
superiority for ship plates. It has been repeatedly stated in
our public journals— 'The Times," " Mining Jotirnal," and
other leading and so entific organs—that we cattnat as yet do
without Swedish iron.
The present proprietors have but to a small extent deve-
loped all the resource's at their Command, having derived an
average annual income of abottt .0,000 sterling from the
profits obtained by employing only a moderate capital. Thus
the average y'parrY produce oi Champ il bar hat has been
limited to 620 tens, at a edit Price of AZ ss. per ton. Freight
hitherto paid from Sikea to England by timber vessels, 105.
per ton ; other expenses' about is.; making a total £1 16s.
per ton, deliveredinEngland, where the market price of such
iron no* ranges trent 2 WA. to 4113 per ton—thus leaving a
nett profit of at least Xi 17s. per tdn. NCI pig iron is at pre-
sent sold 'from the property, and all the bar Iron has of late
years been contracted for by a large firm (who are willing to
Contract for More than double the quantify) in France, where
it is considered one of the most stiperior qualities of Swedish
iron. and used for cutlery and other fine mantifOttires: One
of that firm has lately visited Sweden for the piirpose of
making a contract for a series of years.
The present average produce of timber has also been
limited to about 27,000 dozen planks, which have been sold at
an average profit of 2s. per dozen—leaving a nett profit of
£2.700 sterling.
It is proposes to erect at a .uot or aouut .cio,oto,
furnaces for the production of steel by the Bessemer process,
up to 200 tons per week, according to requirements, and
as may be found desirable. The cost of steel ingots will
not exceed £9 per ton, delivered in England ; and as the
present selling price is £l5 per ion, a nett profit is left of £
per ton, which, with a production of 200 tons per week, would
give an annual profit of £62,400, or equal to 416 per cent. on
the capital of the first issue, on steel alone, besides what
would accrue from the other resources. Dried wood has
lately hem used with great success and economy as a substi-
tute for charcoal.

There is no doubt that Bessemer steel will ultimately
supersede wrought iron in all such manufactures ; and it is
with a view to this that the Company intend to devote con-
siderable attention to its production in a locality where it cin
be made from the very best materials.
1 he returns may fairly be estimated as follows :
a. Net annual returns of present proprietors,
X 8,9,3, say
b. Profit on 200 tons of Bessemer's steel per week
at £6 per ton 62,400

471,30)
Deduct for expenses of management, &e. 5,300

Net.. • £60,000
or 41 per cent. oh the first issue of capital, £150,000, without
calculating oh shy extension of the trade in bar and hoop
iron, timber, deals, ship-building, and produce of cast steel
for tools, Jtc., for which there is a ready market.
It will thus be clea ly seen that the iron and timber works,
with the improvements proposed by this Company, and all
the other available resources possessed by these estate% will
yield a Very large a! d certain profit when English capital and
skill are brought to bear upbn thelii,
Thete is ample Water power on the t states (the Rieklea
rarer , which is made available for saw-mills, various machi•
neries for iron manufactures, &c., and also a flour mill.
There are on the estates iron fottpth im titillates, forges
(iron and brass 1, workshops, stores and Warehouses, dwelling-
houses for workmen. mechani s, and foremen ; offices, and
stabling for forty-five horses, and a large farming stock (in-
cluding 140 cows). At the ship-building yards there are
newly-built hou es for inspectors, shipwrights, and work.
men.

The produte Of timber may be ,considere 1, Unlimited; con-
sisting. as it does of a large extent of virgin forests.
The vendors have agreed to accept £50,0 0 for the whole of
the estates. The stock in trade as well as iron, char Coal, &c,,in store, to be taken at a valuation according. to the books,
will amount to about £20,000. As both the mines and
iron works are already in active operation, the profits will
accrue to the Company from the date of purchase.
The *hole of the property, mines, works, &a, have been
Carefully surveyed by an eminent engineer, Mr. Franz Hoff
man ; and on his report his Majesty the king tit Sweden has
granted permission to fortn ajo nt-stock company, and con-
firmed the valuation of the property at Rgs. D. 1,000,000
Swedish, or £55,550 sterling.
NOTE.—The proprietors offer to reserve for themselves the
Ith share of the itaggarb iron mines, part of the property
proposed to be sold, at a drawback of £5,000 from the pur-
chase money of the estate, should the Company wish them
to do so. The magnetic iron ore, which can be obtained in
any quantity from these mines, is of the same quality as that
from which the famous Dannemora iron is produced. It has
been analysed by the well-known firms of Messrs. Johnson,
Matthey, and Co. and Messrs. Griffith and Barton, assayers,
a d found to contain 66i per cent, of good pig iron. It is
entirely free from sulphur.
The capital of the Company has been fixed at £300,000, in
15,0 0 shares of £2O each. It is not proposed to include more
than X 150.000 in the first issue, as after paying the purchase
money for the property and stock, and the cost of erecting
the Bessemer furnaces and paying all preliminary expenses,
about .£60,000 will be left as a working capital, to be called.
up as it may be required, until the Company shall consider it
desirable to further extend their operations,
The articles of assoAation, with plans of the estates and
samples, may be inspected at the Offices of the Company,
where also all the details respecting the properties may be
had on application.
Prospectuses and forms of application may be obtained of
fhe bankers, brokers, and at the Offices of the Company.

* This harbour is capable of accommodating the largest
vessels—being one of the best in the north of Sweden, close
to the open sea, and sheltered from winds, so that ships can
load and discharge in all weathers. During the Russian war
many large English men-of-war were accommodated in this
harbour. Vessels entering the harbour pay a small port duty
to the proprietors.

DIGS! PIGS! PIGS!-INDIAN PIG MEAL,
without husks, supplied to the Royal farms, Windsor,
and in every county in England, 10s 6d per cwt. ; one cwt.
equal to l cwt. barley or any meal. Delivered free in Lon-
don. Established 1858.— THOMAS PEARCE, Hanagerb 66,
Lant-street, Southwark.

FOUR PENNY PACKETS of HARPER
TWELVETREES' GLYCERINE SOAP POWDER
nd half a pound of Soap will wash fifty cbunterpanea in six
Sours, and sheets, shirts, table linen, rtc., in half the usual
oil Mrs. Crou'der's Report, Chelsea, Laundry, S.W.
Sold bY grocers London, and druggists. Works, Bromley-by-Bow,
E.

THE BENEFACTOR OF THE SKIN.--
MOLLARD'S perfumed Toilet Sulphur Soap and
Cream, highly patronised by the faculty, nobility, and gentry.
Nothing equals the properties and qualities of the Soap No.
1 for ordinary toilet purposes, and of Nos. 2 to 5 in all cases
of cutaneous afrections or rheumatism.
Perfumed
hair. toilet cream, cold cream, and pomatam for the
odour.
Barege cream for sulphur baths, without any disagreeable
All these preparations may be had at the central depot,
221 A, Regent-street, London, %V. ; and at Messrs. Newbery
and Sons, Barclay and Sons. Edwards, Keating, Sanger and
sou, J o7eaunetti, and all chemists. Pamplilet4 and test -
menials tree on a plical ion.
Agent for Edinhargh—Mr. John 111`Kay, chemist, 119,
George-street.

IMPORTANT -------------FORHATION.
DR. ROBERTS' POOR MAN'S FRIEND
is confidently recommended to the Public as an unfail-
ing- remedy for wounds of every description, burns, scalds,
chilblains, scorbutic eruptions, sore and inflamed eyes, Azc.
Sold in pots. is. lid., 2s. 9d., I Is., and 225. each. Also his
PfLUL/F. ANTlscitoruuLx, confirmed by sixty years'
experience to be one of the best alterative
offe medicines ever red to the public. They form a ruild and superior Family
Aperient, that may be taken at all times without confine-
ment or change of diet. Sold in boxes, is. lid., 2s. 9d., 4s. 6d.,
Ils., and 225. each.
Br id
Sold wholesale by the proprietors, Beach and Barnicott,
oOrt, by the London houses, and retail by all respectable
medicine vendors in the United Kingdom and come,.

THE EBBW VALE COMPANY
(Limited).
Incorporated under the Companies Act, 1862.
Capital Four Millions, in 80,000 shares of £5O each.
Deposit on application Xi per share, and £4 on allotment.
Further calls will not exceed £5 per share, made at intervals
of not less than three months, and will extend over a
period of three years.
It is estimated that not more than two-thirds of the total
capital will be required to be called up.
DIRECTORS.
Abraham Darby, Esq., Ebbw Vale Park, Monmouthshire,
Chairman and Managing Director.
Joseph Robinson, Esq., Berkhampstead and London, Deputy
Chairman.
Francis Tothill, Esq., Bristol.
John Platt, Esq., Oldham.
G. S. Beecroft, Esq., M.P., Leeds.
James Aspinall Turner, Esq., M.P.. Manchester.
Harry George Gordon, Esq., 1, Clifden-place, Hyde-park,
London.
Charles King Anderson, Esq., 68, Old Broad-street, London.
BANKERS.
The Bank of England.
And its several Branches at
Manchester, Birmingham, Liverpool, Bristol, Leeds, New-
castle, Hull, Plymouth, Portsmouth, Leicester.
SOLICITORS.
Messrs. Freshfie:ds and Newman, London.
BROKERS.
Messrs. Joshua Hutchinson and Son, London.
AUDITORS.
David Chadwick, Esq. (Messrs. C hadvvick, Adamson, M`lienna,
and Co.), 27, Great George-stree , Westminster.
John Young, Esq. (Messrs. Coleman, Turquand, Youngs, and
Co.), Tokenhouse-yard, City.
OFFICES, PRO TEM.
No. 27, Great George-street, Westminster, and 7, Laurence
Pountney-hill, City.