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

BROKERS.

Liverpool—Messrs. S. R. and R. Realey, 7, Dale-street.
London—Messrs. Walker arm Lnmsden, 25, Austin-friars.
Manchester Frederick Fielder, .14.'sq , Cross.street.
bruisgow—Xceata. teuilds and Touch, 05, St. Vincent-street-

AUDITORS.
Mears. Hannood, Banner, and Son, Liverpool.
SOLICITORS.

Liverpool—Messrs. itro Ltl edale, Rid
l s.ey, and Bardswcll,
Brown 's
-buildings.
London —3le: ars. Mercer and Ilercer, Blincinz-7.ane.

SECRETARY, PRO TEM.
J. S. Craig, Esq.
TEMPORARY OFFICES.

Liverpool- 4 and 5, Brown's-bui dings.
London -3, East India-avenue, Leadenhall-street.

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 steamers, which, while worked at a
comparatively moderate cost, ensure regularity of desG atch
and certainty of arrival nut attainable by the fastest clipper
sailing ships.
The Mediterranean, American,
and West
Indian
now almosc exclusively carried on by unsubsidised screw
steamers, and the resul, of the established lines, such as the
trades are
"Inman," " Bibby," /C., has been highly remunerative to
the shareholders.
This Company has been formed to establish a line of steam
communication between England, Brazil, he River I'late,
and the West Coast a South America via the Straits of
Magellan.
The recent passages of the Paelflo Company's boats, which
in proceeding to their stations in the Pacific, have performed
calling. at Madeira, St. Vincent, and Alonte Video, prove the
the voyage in 35 to 40 days
feasibility of this route.
1 he vast extent of trade with
from Liverpool to Valparaiso,
the countries with which thi 4
Company proposes to open
communication may be seen from
The
ef
co
po wo
ri
tnsg
ofs t
River Plate, Chili, and Peru
Batriemtisehntm:
, in 1&53, amounted
L 8,291,150
in value to ....................................
—anufactures to Brazil,

C.st:illiveelVeosrte,%ai
tsrta,
tec,n
wheat,si stlnf
employ over.
T hweefoiouml prcoorctotsop
npf r,eor:
2.0,000 tons
of shipping annually,
From Chili the annual exports of bar copper
are about
-Regulus 25,000 ~
11 Copper ore

The annual exportation of produce from
Chili alone is valued at upwards of ......L4,000,000 sterling.
It will thus be seen that a ler
(as yet unprovided with steam tar commercial purposes), for
the establishment of a 1 no of screw steamers of power suffi-
cient to ensure certainty of quick passages,
and of capacity to
take large cargoes, affording at the same time accommoda-
tion for a yearly increasing passenger traffic to Brazil and
to the West Coast.
steamships of 2,210 tons and
The Company will commence operations with six scree'
300 horse-power each (having
capacity for 2,000 tons cargo, Rk days' fuel, and accommoda-
tion for 50 to 70 first and a Similar number of second-:lasspassengers), 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 tad 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, arc calculated to
perform the voyage regularly tn, say—
Falmouth
... ~
$1
Dmoo. to Rio Janeiro (calling at Bahia) 25 days. .
Do. Monte Video . .r.
............
Valparaiso ....
...... ~,,•• • • „r, 11 ~v
Do. Lima .
Fai
60 ~
The average passage of sailing hi
eealartshaagsoloonffered a subsidy for the pur-
pose ; it is hoped that at the least liberal concessions will be
obtained, not only Brazil the Chilian, but also f rom the Peru-
vian, Argentine, and Goverurnents, which will tend to
facilitate the operations of the. Company.
The expense of working such aline has been carefully gone
into, and every confidence is feltill recommending this schema
as possessing elements equal, It not superior, to any mercan-
tile steam line from England..
The Pacific Company, though onTY connected Indirectly (via
Panama) with England, commenced in 1810 with four small
stear_ners, have been secured on
steamers, have now a fleet of !7cearsels of great power, pay
very handsome dividends, ana,i,
,1 shares, which originally
business of the Company will
were £5O each, are now quotea.,,, £B4, whilst in no trade
have sailing ships left more rumple results than in that of
the West Coast.
The services of a firm wcil acquainted with the trade, ar d
tshateismfacintoagr•
be conductcd on the most (Conomical scale cons stent with
efficiency. ye management
eernmt
No promotion money will be paid for origin sting this Com-
pany, but the preliminary expenses will be confined to neces-
s,otansdcretwhe
sary disbursements only.
may be seen at the
The articles of associatiot offices of the
solicitors to the Company. tbe
Applications for shares es accompanied with the pay-
ment of the deposit of .£1
r share. In case the amount so
paid exceed £2 per share (11 the number of shares allotted,
the surplus will be returned ; but should it fall short the
balance must be paid witliP the time to be st ited in the let-
ters of allotment, otherwis3 the allotment will be cancelled
and the deposit forfeited. ,
Forms of app ication for snare 4 may be obtained from the
' bra ers, and at the tempoisrY offices of the Company.
' In cases where no allotant is made the deposit will be re-
turned in full.

FORM OF ArrisivrioN FOR SHARES,
(To to re aijed by the bankerM
To the Directors et the Witish and South American Steam
Navigation L'ompany (Limited).
Gentlemen,- -11 aving pad to your bankers the sum of X ,
being a deposit ot .C 1 per stare on shares in the above
Company, I hereby request that you will a lot me th,t num-
ber ; an:l I agree to7accept the same, or any less number you
may allot me, and to beeemQ a member of the Company ;
and I authorise you to lilac! my name on the register of mem-
bers for the shares so a lotted ; and I agree to be bound by
all the conditions and regalations contained in the memo-
randum and articles ot astociation of the Company. I further
authoi ise you to forward tY post, to my address as below, the
certificate for any shares 4hich may be allotted to me.,
Name in full
Roidence
Firm (if any) ••--.
profession or business
mince of business
Thte