The Sun.
London, England, 1852-03-16 00:00:00

PROSPECTUS.

" The Managers of the Company were called upon by many in-
fluential friends to form an Association for Gold Mining in the
Australian Colonies ; and ,having for some time past contemplated
and panned the establishment of Works in London for the reception
and reduction of rich Gold and Silver Ores, they determined upon
recommending that the two objects should be combined, and that a
Company should be formed with an ample Capit II for these
purposes.
Their first step was to apply for a Charter of Incorporation, which
they are now enabled to announce has been obtained.
This Charter limits the liability of the Shareholder to his Sub-
scription of W. per share.
It empowers the Company to purchase, take, and hold Mines or
Mineral Grants and Lands in any part of the Australian Colonies,—
To purchase Gold and Silver Ores and concentrated Gold and
Silver Stuffs in Australia, and import them into Eziglaud.,-,
And to purchase, take, and hold Lands, and to erect Works,
Buildings, and Machinery for the reduction of the same in any part
of Great Britain,—

And, further, to Increase the Capital, if required.
The Objects of the Company are—
The Working of Gold or Silver Mines and Alluvial Deposits of
Gold in the best parts of Australia in a systematic manner;
The erection of Works in Australia near the Mines, where the
Ores produced by this Company, as well as those raised by other
companies, and by individual miners, may be concentrated for ship-
ment to England ;
And the establishment of Works in London for the economical re-
duction of the richer classes of Gold and Silver Oros.
It will be obvious that a large capital may be required and very
profitably employed in carrying out the objects above stated; but
the amount for which provision is made can only be wanted, and
will only be called for, in case the successful working of the concern
renders it necessary.
The sum raised by the first deposit, viz., 100,0001., may probably
prove ample; and no more than an additional sum of 100,0001., in
two instalments of 10s. each, . will be called up without the sanc-
tion of the Shareholders.
The well-authenticated statements of large discoveries of Gold in
different districts of Australia, and the very imperfect means as yet
employed for its extraction, lead to the belief that capital and skill
may be most profitably employed in the colony.
Soon atter the first advices of the discovery of the
Bathurst Gold Region, a Company, with a capital of
31,0001., under the title of the Australian Gold Amalga-
mation Company, was formed, at the suggestion and under
the advice of the Managers of this -Company, for the purpose
of purchasing and reducing gold ores there, and the necessary ma-
chinery for carrying out its objects was ordered in December last,
and is now nearly ready for shipment. The services of a well quali-
fied superintendent and staff were secured, and they sailed for Aus-
tralia on the 9th February. An arrangement has been, made with
the above Company, whereby it will be forthwith dissolved. The
services of the superintendent and other persons will be transferred,
and the machinery and apparatus will also be taken for account of
this Company. By this arrangement the operations of the Colonial
Gold Company will be greatly expedited.
In addition to the superintendent and officers who have gone to
' Bathurst, other agents, artisans, and miners will be carefully se-
lected and sent out, with machinery and implements for raising,
crushing, and washing the Gold and Silver Ores found in the quarts
veins or in the alluvial deposits at Port Phillip and other desirable
points in Australia ; and the prodftce will be forwarded in a concen-
trated state to the works in this country. Great improvements can
.be introduced upon the present modes of washing and. extraction,
and much loss and waste can be avoided.
The erection of works necessary for the commencement of busi-
ness in or near London, with the requisite machinery for amalgama-
tion and smelting, and any other appliances for improved processes
of reduction, will be proceeded with immediately.
Arrangements will also be made, and connexions formed in
Australia, for the purchase of Gold and Silver Ores to be transmitted
to this country for reduction.
The Company's works in London will thus be supplied partly by
the Ores raised from its own Mines, partly by those purchased from
others in the Colonies, and probably also to a large extent by Ores
consigned to the Company for reduction at a per-centage upon the
valuaele contents.
There is reason to believe, therefore, that a Company formed with
these views and objects, under the supervision of a Board of Direc-
tors, sufficient on the yes hand to guarantee to the Shareholders
that the furies will be honestly
and judiciously applied, and on the
other, to give confidence to the local authorities and colonists, will
open unusual sources of wealth to the Shareholders. The
Managers are, however, unable, and will not therefore pretend to
form calculations or estimates of profit based upon specimens or
imaginary quantities of ore (delusive as such statements always are
Li those unacquainted with Mining affairs, and valueless to those who
understand them), but relying upon the evidence before them, they
eckon upon a large return for the Capital invested, and therefore do
not hesitate to place the undertaking with every confidence before
the Public
Application for Shares to be made to Messrs. John Taylor and Sons,
6, Queen-street-place, or to Messrs. Bill, Faucett, and... 11111, 29,
Threadneedle-street, on or before Tuesday, the 23d instant.
March 15, 1852.

HUNGARIAN MUSICAL COMPANY.
ST. JAMES'S THEATRE.
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