The Sun.
London, England, 1864-04-21 00:00:00

PROSPECTUS.

The rapid development of steam navigation in long voyages
and the recent improvements in marine engines admitting of
greatly increased economy in consumption of fuel, make it
evident that era long all the valuable trade f the world will
be conveyed by screw steaters, which, while worked at a
comparatively moderate cost, ensure regularity of nes: atch
and cei tainty of arrival nut attainable by the fastest clipper
Ise.* lin ships.
The Mediterranean, American, and West Indian trades are
now almost exclusively carded on by unsubsidised screw
steamers, and the result of tie established lines, such as the
"Inman," "Bibby," Ac., has been highly remunera:ive to
the shareholders.
This Company has been formed to establith a line of steam
communication between England, Brazil, he River Plate,
and the West Coast of South America via the Straits of
Magellan.
The recent passages of the ?Ada° Company's boats, which
in proceeding to their stations in the Pacific, have performed
the voyage in 35 to 40 days from Liverpool to Valparaiso,
calling at Madeira, St. Vincest, and Monte Video, prove the
feasibility of this route.
'I he vast extent of trade with the countries with which this
Company proposes to open corm Unicatien may be seen from
The exports of British manufactures to Brazil.
the following statement:—
River Plate, Chili, and Peru, in 1863,
amounted •
in value to .................................. £8,291,150

The impori a from the West Gust., o nsistimz
of bar copper, silver ore, nitrate, wheat,
wool, cotton, &c., employ over 2'0,000 tons
of shipping annually. ----
Fraorme
aCbhoiniti the annual . exports of
...... bit, copper
~ ~ liegulus
25,000 ~
11 11 11 Copper ore
----
The annual exportation of produce from 15,000 tons
Chili alone is valued at upwards of
_Z4,000,000 sterling.
It will thus be seen that a large and profitable field exists
(as yet unprovided with steam for commercial purposes), for
the establishment of a line of screw steamers of power suffi-
cient to ensure certainty of quick pamges,
take large cargoes, affording at the same time accommoda-
tion for a yearly increasing Passenger traffic to Brazil aad
to the West Coast.
The Company will commence operations with six screw
steamships of 2.2q0 tons and grin n hoe- ower each (having
capacity ter 2,000 tons cargo, 35 days, and of capacity to
fuer, and accommoda-
tion for 50 to 70 first and a similar number of second-class
passengers), leaving Liverpool and Falmouth once a month,
calling at Bahia, Rio Janeiro, and Monte Video (takinggoods
and passengers for Buenos Ayres), thence proceeding via
Straits of Magellan to Valparaiso and Lima.
Arrangements will be made to take cargo to and from
Arica, Islay. and other ports on the West Coast.
The vessels are guaranteed to steam 10 knots, and, be-
ing fully rigged as clipper sailing ships,
Falmouth to Rio Janeiro (calling at Bahia) 25 days.
perform the voyage regularly in, say_
The
The c averagehtila
np
Do. Monte Video .. 34
~
Do. Valparaiso ......... 50
arc calculated to
.. • ...• • . ~
Do. Lima , ....................... 60 ~
fiber concessions will be
over 00 days. to the West Coast be-
ingl7thveeirseslhsaorres,
but also from the Peru-
litfinnot superior, to any mercan-
tile
.sahsendbtosidsyeef
nsructhheapininre.
pvestablished,inasne
A obtained,i triesnn ohtatni and
enes :dolsaa:oy
n: passage
afndrrancooßtminyf
raeeasttanzahtr years
enll hasi
eacneoialiships offered nn'lnW
Governments ,
which will tend to
ending this scheme
been carefully gone
facilitate
The
expensethe operations
ofworking
such
Caclnnet
liiimicni
ainto, and
possessingever y
elements
equal,felt
steam line from England.
great power, pay
which originally
The Pacific Company, though onlyeennected indirectly (via
Panama) with England, commenced in 1810 with four small
very
handsome hiv e nowdivi
dividends,
n fleetd s ,
andof
were £5O each, are now quoted at £B5, whilst in no trade
have sailing. ships left more profitable results than in that of
the West Coast.
The services of a firm well acquainted with the trade, and
the management of screw steamers, have been secured on
satisfactory terms, and the business of the Company will
be conducted on the most coola)mical scale cous.stent with
efficiency. lid for ori<rifi i ^*
No promotion money will be I" , at n, this Com-
pany, but the preliminary expenses will be confined to neces-
sary disbursements only.
The articles of association maY be seen at the offices of the
solicitors to the Company.
Applications for shares must be accompanied with the pay-
ment of the deposit of £1 per share. In case the amount so
paid exceed £2 Tier share on the number of shares allotted,
the surplus will be returned ; but should it fill short the
balance must be paid within the time to be statedin the let-
ters of allotment, otherwise the allotment will be cancelled
and the deposit forfeited.
Forms of app ication for share' may be obtained from the
bro ers, and at the temporary offices of the Comranv.
In cases where no allotment is made the depos.t will be re-
turned in full.

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Purchasers of Books for Public or Private Libraries, Mer-
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• Earl Stanhopc's Life of Pitt-Queen ab-n.chel Ray-
and more than One Thousand other Works of the past and
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THE WELLINGTON THREE SHILLING
DINNER, consisting 0 Soup, Fish, Made Dish,
Joint, Sweet, &c., is served daily from 3 to 9 p.m., and on
Sundays from 5 to 8.30 p.m.
Private Rooms for large or small parties.

By order,
JOHN CATES, Manager.
The Wellington, St. James's-street
Entrance, HO, Piccadilly.

PARIS.-THE GRAND HOTEL,
Boulevard des Capucines. Place de Nouvelle Opera,
opposite the Rite de la I'aix, and near the Thea;res.
Has been opened since July, 186'. It contains 700 bed-
rooms, prices from 4fr. to 25fr. ; 50 drawing-rooms, from Mr.
to 301 r. ; a maguiticent salon, capable of (lining mere than
persons, and where there is a table d'hote at six o'clock.
Dinners and breakfasts are served a la carte in the c free-
rooms, al well as in the apartments. 'Peers is a reading-
room with the best English and foreign papers and publica-
tions, a mus:c-room and a drawing •room for the use of tra-
vellers without any additional charge. There are also baths,
billiard rooms, smoking divans, post-office ; cabs, ca rriages,
and omnibuses going to the railway stations. The servants
speak all languages. This superb hotel, po sessins.: all that
modern luxstry and comfbrt can combine, and situated in the
most fashionaLle part of Paris, is recommended to the atten-
tion of travellers.
Independently of their Two Hotels, the Compagni4 Immo-
biliere has established an extensive Private Furn sited House
on the Bduievard des Capucines, opposite the ROTIII:DA of
the GRAND HOTEL, where Families can reside as in their
own rivate residenoes, and where they may rely upon find-
ing the utmost comfort.