The Sun.
London, England, 1864-03-17 00:00:00

Foreign Mail Packet List.

MAILS DUE.
Australia and Mauritius, via Southampton. Mar.l 4'
via Marseilles Nar' 6,
Brazil and Cape Vcrds, by British pacßet. Aprll 30,
Cape of Good Hope, Ascension, and St. Helena Mar' :70.
China, Penang, and Singapore, via Southautpton Mar. 0
via Marseilles Mar'
Falkland Islands l3'
Gibraltar, via Southampton AI on 0,
India (Calcutta), and Ceylon, via Southampton Mar' 14
via Marseilles Mar* IS.
India (Bombay), via Southampton mar. 0,
via Marseilles Ditir;, 6,
Portugal....
"," 101
Malta, Egypt, and Aden, via Southampton NO' 0
via Marseilles Mar' 16.
Newfoundland . .)lar.
Oporto and Vigo
~,. ID
U. S. and British N. America, by Brit. packet AD"'`'
by U.S. packet... • 11'
W.C. of Africa, Madeira an ..Mar" 0,
Bahamas, via New York ... • Dl'r. 15
.gar•
Mexico .. a
ibyenCearinila.edian packet. Mar. 10,
• • •
All parts of West Indies, including Chili, Peru,• I mar. 3O
California. and British Columbia.

•glit
The Paris savings banks during the last fortol%o
received 966,939 f,, and reimbursed 833,849 f. The rely)
of the Caisse do Retraites for the Aged during the fIY
period amounted to 108,071 f. A

Births.
rfollo
ASTLEY.—On the 15th inst , at East Barshans,
Dr°
the Hon. Mrs. Delaval Astley, of a daughter. ajlli
CoLviLL.—On the 15th inst., at Bodmin, Mrs, -°
of a son. '2lo'
PRENDERGAST,—On tho 15th inst., at Harlestoa,
thamptonshiro, Mrs. Lenox Preudergast, of a sort.o
BOWTON.—On the 15th inst., at Greenwich, Mrs'
ltowton, of a son,

Marriages. treett
ISAAC—LEvIN.—On the 16t1.1 inst,, at GraftolvB,o Jet'
Bond-street, !Frederick S. Isaac, Esq, of Gl°°Co-f
place, Portioan-square, to Sara, secomfdaughter
L. Luvin, E sq.
STEAD—BARNES —On the 1;5!h inst. Augustus :VP'
third son of H. D. Stead, E•q., of Sta'atford•hill, t°
second daughter of James Barnes, Esq., of 6t. GE°
Southwark.

Deaths. 00,11,
ATTENBOROUGH —On the 15th inst , at Islip, suss
relict of the late John Attenborough, of 11E°—
Northamptonshire, aged 81. IlOr
FELTON.—On the 15th inst., at Warrington LW'
wood, Henry Feon, aged 55•
Age°
FROGLEY.—On the 15th inst., .at Brighton, nliril
Frogley, of Houaslow, I'd-LC.B., aged 71'
~,,.,,neii J,
SAVAGE.—On the 14th inst., at Southampton, x'—
8. Savage, Esq., aged 6,1. roe,
STOCKENSTII.O3I.—On the 15th inst., at 37, Talbot' ieut''
Bayswater, Sir AddriesStockenstrom, Bail., 13°
of
Governor of the Cape, aged 72. d sc"" es
Woons—On the-15th inst., Percy William, occ°ll OE'
James Pontifex Woods, Esq., of Torrington
Claygate, Surrey, and Southwark.
............„
—.....—,,,
„"'
A Nriptv- iii:3•
London: Printed and I'Tb:foiled by WILLIA3I,' so. ' of
of No. 112, Strand, Printer, at TILE SUN (o°o%ol
Strand, in the Precinct of the ~3avoy. ;Li Ole '
411,14104.77-Arlitir2dity,LU4lCll 17, 1604.

1111 E ISLE of MAN RAILWAY COMPANY
(Limited)—DOUGLAS to PEEL.
Capital £lOO,OOO, in 10,000 shares of £lO each, with usual
borrowing powers. Deposit Li per share on application,
further payment on allotment £1 10s. per share.
DIRECTORS.
Samuel Gibson Getty, Esq., M.P. Belfast.
William M'Cormick, Esq., M,P., Londonderry, and
Regent's-park, London.
Richard A. Mould, Esq., Merchant, Liverpool.
T. Harrison Ridley, Esq,, Merchant. Liverpool,
Joseph Rigby, Esq., Kew, Surrey.
With power to add to their number.
BANKERS.
The North and South Wales Bank, Liverpool.
'Messrs. Dumbell, Son, and Howard, Douglas.
2NGINEEIt.
G. W. Hemans, Esq., C.E. 13, Queen-square,Westminster.

SOLICITORS.
Messrs. ',Maisie, Ridley, and Banlswoll, Browies•buill
Tugs, Liver-2onl.
Samuel Barris, Esq., Douglas.

UDITOR.
Thomas W. Read, EsqA., 30, Castle-street, Liverpool.
SECRETARY.
Thomas Begot, Eeq., 6, James-street, Liverpool.

BROKERS.
P. B. Drinkwater. Es q , 32, Exchange.st. East, Liverpool.
Charles Stanley, Esq., 3, Throgmorton• street, Loudon.
Edward Ashworth, Esq., Exchange .chambers, Manchester.
M. J. Beverley, Edq., Leeds.
This Company has been formed for the construction of a
Railway from Douglas to Peel (passing through St. John's),
in the Isle of Man. The improved trade of these important-
towns, as well as the prosperous condition and increasing
population of the island, and the rapid augmentation of the
number of visitors during late years, call for the immediate
introduction of railways.
The Agricultural capabilities of the Island are great; and
its Mineral products are acknowledged to be rich in yield
and aviive average value ; whilst around the Coast there
are extensive Fisheries, and an. unlimited supply of Sea-
weed for Manure. The expense and trouble, however, of
land-carriage, have hitherto rendered these advantages com-
paratively unavailable.

Slate Cluarriesitr;ln active operation; and the quality
of the Slate is equal in closeness of grain and durability to
any produced from the great Welsh quarries. The Granite
near St. John's compares favourably with that now used in
the Liverpool Dock Works, and would at once, by means of
railway facilities, become available for export.
One of the proposed Stations on the line will be at St.
John's, where the Courts of Tynwald meet, and which is
also the centre of the Foxdale mining district. The produce
of these mines is now brcught by land-carriage (there being
no water communication) to Douglas, a distance of nearly
ten miles, whilst Coals and other important materials, as
well as all necessaries required by the inland population,
are conveyed into the interior by the same mode. Besides
these items of traffic, the Fairs, which are frequently held
during the year in this district, must add considerably to
the annual revenue of the Company.
The principal towns are Douglas, Peel, Castletown,
Ramsey, and Laxey : Douglas being the chief port, and the
great commercial depot, as well as the principal place of
arrival and departure of the steam packets plying to and
from the Island. At the port of Peel the fisheries are prin-
cipally conducted, employing upwards of 1,000 vessels;
the place of destination tor the produce is Douglas ; the
route is tedious, and the transit by the existing means ex-
pen of ve.

The access to the Island is easy, and the means of cora-
3xtunication with Liverpool, Fleetwood, Whitehaven,
Silloth, Glasgow, Belfast, Dublin, and other ports, both by
sailing and steam vessels, are frequent and convenient.
Hence, Tourists visit the Island in large numbers, above
100,000 passengers having been landed at its Ports during
the past year. Stich Visitors. attracted by the antiquarian
relies, scenery, and other objects of interest, would, as a
matter of coarse, go by the proposed Railway from Douglas
to the interior, and across the Island to Peel.
The highest medical authorities bear testimony to the
salubrity of the climate and purity of the water. The
picturesque is united with the more solid advantage of cheap
living, provisions being abundant and comparatively inex-
pensive, whilst the rates of duties on foreign produce are so
small as to render the Island most advantageous as a per.
manent place of residenee.
Her Majesty's Government and the Local Authorities are
now expending upwards of £60,000, for the improvement of
the Ports of Douglas and Peel.
The Electric Telegraph to England has been recently
established.
The Lines of Rail will be single, with requisite sidings.
The length of Line will be about twelve miles, and the
gradients easy throughout. The landowners and popula-
lion along it are most favourable to the project.
From Statistics recently collected on the spot, with much
care, by competent persons, and well supported by Official
Returns, it is confidently expected that the Traffic will re-
turn a good Dividend upon the Invested Capital, The fol-
lowing is an Estimate of the Traffic •
Passengers, inclusive of Tourists...... £7,500 per annum.' Goods, Minerals, Fish, &e ............ 5,500
Parcels and Mails .................. 150

Working Expenses at even 60 per Cen,150
t.tl3 6,500

Leaving for Dividend £6,6bo

Plans, Sections, ecc,, of the Line are complete:l, and all
necessary forms are being complied with, in accordance with
the St. riding Orders of the Court of Tynwald to obtain an
Act of the Local Parliament.
Neither Imperial or Local Taxes are levied in the Island,
and those heavy charges which tend so much to reduce the
value of Railway property in England and other countries,
no less thea to diminish the Shareholders' Dividends, can-
not, in any degree whatever, prevail with respect to this
Lino.

An eminent Contractor's firm have agreed to purchase
the land, make the Railway, provide and fit up all Stations,
furnish Rolling Stock for working the Line, and Telegraphs,
upon satisfactory terms. Interest at 5 per cent. per Annum
will be allowed, until the opening of the Line, on the amount
paid upon shares.
An advantageous arrangement can be made with respon-
sible parties to Lease the Line for 7. 14, or 21 years.
Forms of Application for Shares may be obtained from
the Secretary, Solicitors, or Brokers of the company,

THE WARRANT BANKING COMPANY
(Limited.)
(FOR ADVANCES ON MEDCDANDISE AND SECTSCITIES.)
Incorporated under the Companies' Act, 1802.
Capital £2,000,000, in 40,000 shares of £5O each.
F.rst Issue, 20,000 shares.
Deposit Li per share on application, and Zi per share on
allotment. Future calls will not exceed £5 per share, at
intervals of three months.

DIRECTORS.
Joseph Bravo, Esq., of J. Bravo and Co., London,
Archibald Bruce, Esq of the late firm of Bruce and Co.,
Abchurch-lane, London.
W. J. R. Cotton, Esq., of Cnlverwell, Broo!-s, and Cotton,
"'London.
A. D. De Pass, Esq., of De Pass and Sons, London.
Abel Heywood. Esq., ex-Mayor of Manchester, Director of
the Alli ince Bank, Manchester.
George Harvey Jay, Esq., Tokenhouse-yard, late of the firm
of Quilter, Bali, and Jay, London.
Thomas Jolly, Esq., of Tuom s Jolly and Co, Manchester.
William M'Andrew, Esq., of William M.'Andrew and Sons,
London.
H. R. Marriott, Fsq., of Henry Marriot and Co., Manchester.
William M. Neill, Esq., of Neill Brothers and Co., London
and Manchester.
George Palmer Robinson, Esq, Director of the Alliance
Bank, London.
Albert It cardo, Esq,, of A. and W: Ricardo, London.
William Rawstron, Esq., of Ralph Rawstron, Manchester.
BANKERS,
London, Liverpool, and Manchester—The Alliance Bank.
SOLICITORS.
London—Messrs. ry,on, Tathams, Curling, and Walls, Fre-
derick'--place, Old Jewry.
Messrs. Flux and Aryles, Mincing-lane.
Liverpool —Messrs. Fletcher, Hull, and Stone.
Manchester—Messrs. Sale. Worthington, Shipman, and
Seddon,

BROKERS.
London—Messrs. J. and J. Whitehead. Mo-ralte,street,
Liverpool—Messrs. Gasquoine and Chamberlain.
Manchester—Messrs. Shore and Kirk.

TEMPORARY OFFICES.
21, Th,•ogmorton-street, London.

PROSPECTUS.
While Exchange Banhs ani Credit Institu'ions have been
established to conne..t this country financially with almost
every foreign market, and to give fact ides for conveying to
our shores every descrit tion of merchandi e, it is remarkab'e
that as soon as the operation of importing is performed the
monetary facilitie4 are withdrawn. The bills drawn upon
our merchants mature, and must either be 'net by the mer-
chant's capital unaided or by sales. '1 hu,, when tempo-
rani 'y there is an excess of any no nmodity imported, its
price is undu y depressed, and s riou losses are incurre
Ordinary bankers and discount houses dislike making ad-
vances r.pon merchandise, having no organisation for exa-
mining the goods and correct y estimating their value.
What they want are good bills, drawn on those who, know-
ing the value, have accepted for a fair advance. Division of
labltir is here as elsewhere found to be most convenient and
profitable.

To meet this want, which every merchant must acknow-
ledge, the Warrant Banking Company is formed. The bu i-
ness of the Company will mainly consist in making dv nces
upon deposit of the staple articles of produce, represented by
dock warrants or other means of absolute assignment, duly
inspected and valued on behalf of the Company, and with a
proper margin to allow for depreciation.
These advances will he male in a ceptances by the Com-
p my of the drafts of its customers, and as every bill will re-
nresont mer handise readily convert ble, and b at the same
time secured by the whole ca !tat of a power:tit Company, the
exact position of which w,ll be patent to al', there can be no
doubt that the whole Dis ount Market wil I be available when
it is desired by thl holder to turn the bill into cash.
It will be readily apparent that the existence of such an
institution, while it will be of great service to merclianta, and
increase the stability of the entre class, will be an equal con-
venience to bankers and eirount firms, furnishing them with
a class of bills ra•ely obtainable. In order to render the due
payment of the Company's acceptances certain, the Directors
undertake that the entire paid-up capital of the Company
will be invested, and, sofar as practicable, remain invested in
British and Bast Indian Government securities, and upon
deposit at call, and it is proposed that the capital thus paid
up and invested within the first year shall reach the sum of
at least £200,c00.
The field which exists for such an undertaking will be at
once apparent from a glance at the Board of Trade returns of
foreign impor s for the past year, which amounted (not to
speak of home produce) to over £200,000,000. If we estimate
the average stock of for, ign goods held in warehouse, as
equal to three months' consumption, it would represent an
amount of £50,000,000.
Advances may also be made when deemed advisable uron
'stocks and Shares, in permanent undertakings readily con-
vertible.

A. re tsonable proportion will always be maintained be-
tween the extent of business undertaken a,d the cal ed-up
capital. Should it be necessary, the latter will be increased
to one million sterling, to be invested as already indicated,
simply as a guarantea fund.
Branches will, in due time, be established at Liverpool,
M'nchester, Glasgow, Av. &c,
Tac Directors will not receive any romuneratinn until the
shareholders have been paid 45 per cent. by way of dividend
on their paid-up capital. Alter payment of a per cent the
Directors will receive one-fifth of the nett profits.
No promotion money will be paid for originating this un-
dertaking. The preliminary expenses will be confined to the
necessary disbursements

Prospectuses and forms of application for shares may be
obtained of the brokers, bankers, solicitors, and at the tem-
porary offices of the Company, but no application fbr shares
will be considered un ess a deposit of £1 per share has been
p r evio l ly p id to the hankers of the Company.
In the event of no a loiment being mad' the deposit will be
returned without deduction, and shou d the number allotted
be l'ss than the number applied for, the payment in excess
will be applied towards the balance of the deposit.

FORN OF APPLICATION FOR SHARES.
To be retained by the Bankers.

To the Directors of the Warrant sinklng Company
iL mitecD. •
Gentlemen,—Having p I'd to your Bankers the sum of ,
.131,elmluanl-'ePl°heirt.e°l3f:; per share on shares in the above
oy, request that you will ,rllot me that num-
ber, and I agree to become a member of the Company in re-
socct of such shares, or in respect of any less nuu bcr you may
al'ot me;, and to pay on allotment the further deplslt of 44
p r share thereon, ant I reqest that my name may be placed
on the Register of Members for the s ares so alloted.
Name in full
• Res:dence
Profess:on or busit-,4
Date .......

THE WARRANT BANKING COMPANY
iLimited)
NOTICE IS HEREBY GIVEN, that no farther APPLI-
CATIONS for SHARES in this Company will be received
alter MONDAY next, the 21st instant.

By Order.
Temporary Offices, 21, Throgrnorton-greet,
London, March 15,1661,