The Sun.
London, England, 1864-07-01 00:00:00

THE CREDIT MOB ILIER (Limited),
80, Lombard-street, E.C.
Capital, Z 1,000,000, in 20,000 Shares of £5O each.
Subs.ribed Capital. £500,000, in .0,000 Shares.
DIRECTORS.
ellah'Man—The Right Hon. James Stuart Wort'ey.
81 P.
The Hon T, C. Ha iburton, I John Westmorland. E,q.
Alexander n Edward Warner, Esq., ALP.
unbar, Esq. Char es Ellis, Esq.
do_ klakhn. sat, ja 434 Leviok, Esq.
EflsteVeh. - Henry Pownall, Esq.

MANAGER.
Albert Grant, Esq.

Dles BANKERS.
rs. Masterman Peters, Mildred. and Co. London.
Messrs. Smith', Payne, an L^nClon. _
This Comp ny is pre pared to n•-gotiate Government and
gunicipal Lo +ns, and to aid in carrying out Concessions.
To mike adean es pn approved securities.
To Pffect the purchase and sale o Shares, Stocks, ezci , and
to transact financial business genera' Y.
Also to receive money on deposit, for BRIEF or EX-
TENDED per ode, on terms to be agreed upon.
Communications to be made to the Manager.
THOMAS SHORT, Secretary.
Temporary Offices, 80, Lombard-street, London. E.C.

THE EBBW VALE COMPANY
(Limited).
Incorporated under the Comranies Act, 180.2.
Capita Four Millions, in 80, 00 shares of £5O each.
Deposit on application .£ per share, and £1 on allotment.
Fur f her calls tvi 1 not exceed £5 per share, made at intervals
of no less than three months, and will extend over a
period of three years.
It Is estimatell that not mare 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.
Frai cis Tothill, Esq., Bristol.
John Platt, Esq.. Oldham.
G. S Beecroft. Esq , M.P., Leeds.
James As inal, Turner, Esq., M.P., Manchester.
Barry George Gordon, Esq., 1, Clifden-place, Hyde-park,
London. •
Charles King Anderson, Esq., 65, Old Broad-street, London.

BANKRRS.
The Bank of England.
Ai,d i s several Branches at
Manchester, Birmingham, Live?; 001, Bristol, Leeds, New-
castle, Hull, Plymouth, Portsmouth. Leic-ster.
SOLICITORS.
Messrs. Freshfie ds and Newman, London.
BROKERS.
Messrs. Joshu Hutchinson and Son, London.

AUDITORS.
David Chadwick, Esq. (Messrs.o haft Lek, Adamson, M'Kenna,
and Co.), 27, GrPat George-str, e , Westminster.
John Young, Esq. (Messrs. Co'eman, Turquand, Youngs, and
Co.), Tokenhou-e-yard, City.

OFFICES. PRO TEM
No. 27, Great George-s reet, Westminster, and 7, Laurence
Pountney-hill, C ty.

The Company is formed for the pu pose of carrying into
effect an ag,. ement made for the purchase of tke undermen-
tioned oal, ro and other Works, which have ror a long
time been carried on with very satisfactory rrsult4 by private
in iividual•=. and are capab'e of constierable expansion, with
greatly increased profits.
The Properties and Work; have heel purchased on very
favourable terms. on valuations made by eminent mining
en. ineers.
The Works consist of
1. The Ebbw Vale Collieries and Iron Works.
2. The Sirhowy t ollieries and Iron Works.
3. The Vict ria Collieries and Iron Works.
4. The Abersychan C dile' les an Iron Works.
5. The Pontypool Collieries and Iron and Tin-plate
Works.
G. The Abercarn Collieries and the Chapd Farm Estate.
7. Wharves and Landing Stages at Newport.
All the county of nonmou h.
8. Hmmatit, lon and Coal Galeages r Royalties in the
14'orest of Dean. in the county of Gloucester
9. The Brendon Hills Carbonate of Irm or Spathose
Atnes, in the county of Somerset.

And the Estates comprise :-
3,254 acres of Fre hold Land and Mines.
7,215 acres of Leasehold Mines, and agr• etnents for leases
having upwards of 8 yea, a unexpired
2,137 acres of Leasehold Mines, having from 10 to 50 years
unexpired
70. acres of Mine 4 in the Forest of Dean, held under a
Crown lease, renewable in perpetuity for perio a of 21 years.
About 9 miles in length, or about 3, 00 acres on the course
of the Spathose iron ore veins, in Somersetsh re, under leases
for about 50 years unexpired.
The leaseho d coal and iron-stone royalties are held on
very k-,.oderaie terms.

Tlere are upwirTli.of 2,000 houses and cottages on the free-
hold and leasehold estates,

The rentals'from land,jarms , and houses, amount to about
X14:000 -year._ _ _

The works afford employment to more than 15,000 persona,
repre enting a population of 50,4-00 people.
Bchools f r the alcommo ation of 2,203 children, and a Me-
chanics' In-titute have been erected upon the emtates.
There ,re 23 b as -furnaces, of which 16 are in operation at
the present time—three being cold blast.
The present annual prcducl of the various col ieries is
850,000 tons of coal ; and this quantity can, with a compara-
tively sma 1 outlay, be increased to 1 mil ion tons annually.
Thr produce or iron-stone is 280,000 tons annu .11y, which can
be increased to 450,000 tons.
Th iron-making coals on these properties are of a superior
quality, free ffom sulphur, and eminently adapted for the
manufacture of the best class of iron or steel.

The pre-ent annual yield from the furnaces is about 130,0f0
tons of pig iron, including 12,000 tons of P ntypool cold blast,
but he arrangements are adapted for the production of
180.0 ‘0 tons. About 90,00 tons of r ils and finished iron are
sold annually, which can be increased to 120,000 tons with the
present applianc s.
All the properties are very favourably placed in regard to
si uatien of wor s and facilities of ransport. The c al and
iron...? one mines, which arc now drained and proved, will
supp y the present consumption, without any material in-
crease of dead charges or outlay of capital, for upwards of 50
ye rr, ; and with a small outlay will yield a further supply of
(.0,000 to sof coal per annum, for household and team pur-
poses, for a like period.
The haematite iron ore and coal properties held in the
Forest of Dean will shortly be opened, and p 1 • ced in
direct communication by railway with the various iron
works, the distances between which an' the place of pro-
duction will be from 2 to 42 miles only. whilst this clas • of
ore is now arriea to the works 3 0 miles by water and 30
miles by raiL
The Forest of Dean ore contains from 3', to 42 per cent.
of iron, and is well known for its superior quality over other
haem tite ores for the manufacture of the b at iron and
steel. it is estimated that, when ful y ope.•ed, the mines now
held by the (Jo tipany will produce 100,000 tons annually for
5,1) y ears.
The very extensive and valuable mines of spathose iron
ore, in Somersetshire, belon ,ing exclusively to the ompany,
are the only mines of their kind now being w. diced in in at
Britain, excep ing the small veins found in the Durham lead
mines When these mines are fully d-veloped tue works of
the Company will possess a tvantages great, r than any other
works in the supply of thi. most valuable materia for the
manufacture of the best quality of it di and steel. And the
cost of producing spiegeleisn (pig iron with this ore will
not exceed half the present cost of spiegeleisn drily red
in England from Germany, whi h country furnishes near y
the whole of the supply required for the present consump-
tion.
The Directors have agreed for a licence for the manufac-
ture of steel by the Be.erelorr process, whe.h, from the pecu-
liar resources they possess, they will be enabled to pro ince
in v ry large quantities, and at a I rice that in comparison
With other works, ill insure to them the same advautages
in t e manufacture of steel rails as the Ebbw Va e Company
have so long enjoyed in respect ot iron rails.
The stocks ot material and finished iron will be taken at
the cost . rice, as entered in the books at the ast stuck-
taking in September, 1863, and are to be paid for within six
months.

The contracts on hand, which are large, and at remunera-
tive pri Ts, will be transferred to the new Company.
Mr. Abraham Darby, the principal propr etor and manag-
ing partner if the whole o the concerns comprised in the
prese it purchase, will undertake the duties of Chairman of
the Board, and hasconsented to act as Managing irector for
a period of five years, thereby securing to the new Company
the be, efit of his long practical experience in the manage-
ment of the works.
Mr. Joseph ttobinson, also a proprietor in all the above
concerns, and who for many years, as the London partner,
has had the nrinclp 1 managemAiit of their comme cial ope-
ratiolis, will, under the direction of the Board, conduct the
business of the Company as heretofore,
From ne tilled reports on the profits of the various works,
extendi g over a considerable period, and frim a due con-
sideration of the ai,vantag,ies possessed i y the Company,
the erectors feel justified in anticHati g that the annual
dividends will be such as to give satisfaction to the Share-
holders.
The Vendors will subscribe for Shares in the Company to
the extent of ha" a million sterling.
ndr.eci.
.Thousand pounds of the purchase money
Three
n itnin two months, and the remainder by six
Will be Paid
equal half-yearly instalments, with inter st at 5 per cent.
Paid
No promotion-money or other similar payment will be
made.
Forms of Application for Shares may be obtained at t e
Bank of and its several Branches ; from the
Broker% "
or froln the undersigned, by whom any further
d will be furnished.
iniormaiion require
ettApwrefi, ADAMSON, M'KENNA, and Co.,
Financial Air , nts,
27, Great George-street. Westminster, and
64, Cross-street, Manchester.

TIVP, tlituvir vALE CONIPANY (Limited).
Capitalboo,ooo, in 80,°3'',00 ' Shares of £5O each.

F NPcin ALLOTMENT OFORM OF AtI'LICATI°ES.
Sal"

No,
To the Dire tors of ~ The Ebbw Vale Company Co., Per
Messrs. Chadwick A A. insou, ltl`lienna, and Co., Finan-
cial agents 27, Great'4X,"„e.street, Westminster, and 64,
Cross street', Manchester
-
n i_Gtntlemen,
"rmg paid a deposit cf 41 rer Share, I beg to apply for
Compan shares of £5O each, hi the pro Posed "Ebbw Vale
hol er y (Limi ed)," and I hereb agree to become a Share-
an,i to in thftt Company, subject o its rules and regulations,
allotted I,ept such Shares, or any .ess
e number that may be
8,-
e.

I am, Gentlemen,
Your obedien' servant,
Name in full ..............
Address in full
Profession or occupation
Date