The Sun.
London, England, 1864-03-11 00:00:00

THE WEST of ENGLAND WOOLLEN
MANUFACTURING COMPANY (Limited).
By New Machinery under Royal Letters Patent. Capital
£lOO,OOO in 10,000 Shares of £lO each. First, issue, 5,000
Shares. £2 per Share to be paid on Allotment. The alance
to be paid by instalments of £2 at intervals of not less than
Three Months. Registered under the Companies Act, 1862,
by which the liability of each Shareholder is limited to the
amount of his subscription. A considerable portion of the
capital is already applied for.
DIRECTORS.
FREDERICK EIGG, Esq,, Spring Mount, Champion Hill,
Surrey, S,
JOHN BRITTEN, Esq. (Messrs. Britten and Co.), London
Wall, London, E.C.
Lieutenant. General CARMICHAEL, C,8., Hyndford House,
Brompton, S.W.
E. EDMONDS, Esq., J.P., Berryfield, Bradford-on-Avon.
MARSHALL HALL, Esq., J,P., Barrister-at-Law, Black-
lands Park, Caine. Wilts, and Temple, London, E.C.
J. B. PHILLIPS, Esq Rawstenstall, near Manchester.
THOMAS EARLY t•MITH, Esq. (Messrs. Early and Smith,
Woollen Merchants and Army Clothiers), London, N.B.
E. H. WATTS, Esq., Woollen Merchant, Leeds.
OPINIONS OF FIRMS ON THE WOOLLEN TRADE.
" We, the undersigned, having examined the Patterns
and ~atnples of Cloths and other Articles made by the pro-
cess referred to in this prospectus, entertain a favourable
opinion of the undertaking, and have no doubt but that,
with prudent management, it will prove successful.
" JONES, RANDALL, and WAY, 127, Cheapside.
" Jrzo. and ROBERT VENABLES, 34, High-street. Aldgate.
"C. E. FULLER, 7, Basinghall-street (Messrs, Fuller and
Webb).
"T. B. SILCOCK, Bradford-on Avon.
" W. S. WHEELER ( Wheeler and Sons), Ludizafe-street.
"J. COSTEKER (late Costeker and Co.), Cornhill.
" GEORGE MACDONA, late of Dublin."

Solicitors—Messrs. PARKE and PoLLocx, 63, Lincoln's-
Inn-Fields, London, W.C.
Bankers—The Alliance Bank (Limited), Lothbury, E.C.
Brokers—Messrs. FROOM BROTHERS, Change Alley, Corn-
hill, London.
Secretary (pro tern,)—Mr. ROBERT BULGIN.
Offices--• 28, Cornhill, London, E.C.
Auditors—Messrs. QUILTER, BALL, and Co., Public
Accountants, 3, Moorgate-street, London, E.C.
Local Auditor—Mr. HENRY WEAVER, Devises.
OBJECTS OF THE COMPANY.
The ot,ject of this Company is to establish Works for the
purpose of Manufacturing, with improved Machinery, which
kas been secured byPatent, various descriptions of Woollen
Fabrics, by the process of Felting, whereby the cumbrous
and expensive Machinery used in Spinning and Weaving
is dispensed with, and a saving of time and material effected
of not less than 30 per cent.
In addition to the production of carpets and the various
descriptions of Felted Goods now in general demand, it is
intended by this Company to apply this process to a higher
glass of goods than has hitherto been done in this country.
The adoption of Meltons, or undressed Cloth, as an article
of wear by the public, opens a largo field for this branch,
as also blankets, Army Cloth, &c., though the promoters
see no limit to its operation, as it is capable of the manu-
facture of Cloth of the finest quality. The objection to the
old Felted Productions is entirely removed by the Patent
Process to be adopted.
RESYLTS OF THE WORKING OF THE SYSTEM.
The principle of felting has been in operation to a con-
siderable extent, and worked with great success. The Felt
Company of Leeds, whose Patents are now expired, have
carried on this process with a prosperity notorious in that
seat of the woollen manufacture. In France and Germany
this mode has long been worked out with similar results.
In America (whence we have derived so many improve-
ments) this principle has been fully developed.
DESCRIPTION OF THE PROPERTY.

The Directors have secured a spacious and newly -con-
structed Mill, worth six acres of land, known as '• Slaver-
ton Mill," in the midst of the Woollen Manufactories of
Bradford-on-Avon and Trowbridge, in every respect espe-
cially eligible for the undertaking,having the great advantage
of water-power in addition to first class steam engines fitted
with all the latest improvements—whereby a very large per-
centage of fuel is saved, and which can be at work imme-
diately. On the estate are also gas works, cottages,
manager's dwelling, stables, and various other buildings,
forming one of the most complete properties of the kind in
England. This freehold, together with a valuable patent,
founded on the improvements made in America, combined
with those resulting from many years' experience in this
country, has been purchased on advantageous terms, to be
paid partly in cash and partly in shares, which shares will
not participate in any profit until a dividend of 10 per cent.
ie paid on the ordinary shares.
SPECIALMADVANTAGES OF THIS COMPANY.

The advantages possseshed by this Company are im-
proved patented machinery, auxiliary water-power,
and a saving of at least 25 per cent. in the unskilled
portion of labour as compared with the North, which
justify the Directors in entertaining the most sanguine
expectations as to the probable nature of the enterprise, and
in which they are strengthened by the favourable opinion
expressed by the eminent firms who have signed the attes-
tation at foot. The Directors, therefore, recommend this
undertaking with the greatest confidence, as a safe and
legitimate investment in one of the great staple manufac-
tures of this country, forming a favourable contrast to many
of the speculations now offered to the public.