The Sun.
London, England, 1864-07-02 00:00:00

IN what " Happy Land" eln I see you after the
"Opera?" I only know of One HAPPY LAND
in which a Gentleman may Sup—EVANS', COVENT-
OAR DEN, my dear fellow!

KINAHAN'S LL WHISKY v. COGNAC,
BRANDY.
This celebrated Old IRISH WHISKY rivals the finest
FRENCH BRANDY,
It i 4 Pure, Mild, Mellow, Delicious, and very Wholesome.
Sold in Bottles, 38. Bd., at the Retail Houses in London ; by
the Agents in the principal towns in England ; or wholesale
at

8, GREAT WINDMILL-STREET. W.
Observe the Red Seal, Pink Label, and Cork branded
"Kinahan's LL Whisky."

THE CREDIT FONCIER (Limited),
80, Lombard-street, E.C.
Capital, £1,000,000, in 20,0-0 Shares of £5O each.
subscribed Capital, £500,000, in 10,000 Shares.
DIRECTORS.
Chairman—The Right Hon. James Stt
7.. rt Wortley.
Deputy Chairman—James Le ,10'r, Esq.
The Hon. T. C. Haliburton, I Ad'jtphe Hakim, Esq.
111. P. tenry rownal., Esq., J.P.
Edward Warner, Esq., M.P. John Westm >Hand, Esq.
Alexander Dunbar, Esq. Charles E. Newbon, Esq.
Charles Elli-, Esq.

MANAGER.
Albert Grant, Esq.
BANKERS.
Messrs. Masterman, Peters, Mildred, and Co.
Bank of London.
This Company advances money on the rieposit of Title
Deeds of approved Freehold or Leasehold Property in Great
Britain, with or w thout regular Mortgage.
Guarantees Titles or Securities, ind, as Agent, negotiates
Loan on Mortgage, for 'onz or Aloft neriods ; also,
Receives Money on Deposit for FIXED PERIODS ONLY,
at special rates to be agreed upon.
Communications to be addressed to the Manager.
ALFRED LOWE, Secretary.
Temporary Office. 80, rnmbard-street, E.C.

TRE CREDIT MOBILIER (Limited),
80, Lombard-street, E.C.
Capital, £1,000,000, in 20,000 Shares of £5O each.
Subs.ribed Capital, £500,000, in ,O,COO Shares.
DIRECTORS.
Chairman—The Right Hon. James Stuart Wortley.
The Hon. T. C. Ha iburton, I John Westmorland, E-q.
II P. Edward Warner, Esq., At.P.
Alexander Punbar, Esq. Ch tr.es Ellis, Esq.
Ado phe Hakim, sq Ja e Levick, Esq.
Charles E. Newbon, Esq. Henry Pownall, Esq.
MANAGER.
Albert Grant, Esq.
BA.NRERS.
Messrs. Masterman, Peters, Mildred. and Co. London.
Messrs. Smith, Payne, and smiths, London.
This Comp ny is prepared to n-gotiate Government and
Municipal Loans, and to aid in carrying, out Concessions.
To make advan-es on approved securities.
To effect the purchase and sale n, Shares, Stocks, &c., and
to transact financial business genera' y.
Also to receive money on deposit, for BRIEF or EX-
TENDE u per ods, on terms to be agreed upon.
•
Communications to be made to the Manager.
THOMAS SHORT, Secretary.
Temporary Offices, 80, Lombar 1-street, London. E.C.

THE EBBW VALE COMPANY
(Limited).
Incorporated under the Companies Act, 18:T.
Capital Four Millions, in 80, 00 shares of L5O each.
Deposit on application p, r share, and Li on allotment.
Further calls wi 1 not exceed £5 per share, made at intervals
of not less than three months, and will extend over a
period of three years.
It is estimated that not more than two-thirds of the total
capital will be required to be called up.
DIRECTORS.
Abraham Darby, Esq., Ebbw Vale Park, Monmouthshire,
Chairman and Managing Director.
Joseph Robinson, Esq., Berkhampstead and London, Deputy
Chairman.
Prat cis Tothill, Esq., Bristol.
John Platt, Esq.. Oldham.
G. S. Beecroft. Esq , M.P., Leeds.
James As dnall Turner, Esq., M.P.. Manchester.
Harry George Gordon, Esq., 1, Clifden-place, Hyde-park,
London.
Charles King Anderson, Esq., 65, Old Broad-street, London.

BANKERS.
The Bank of England.
And its several Branches at
Manchester, Birmingham, Liverpool, Bristol, Leeds, New-
castle, Hull, Plymouth, Portsmouth, Leicester.

SOLICITORS.
Messrs. Freshfie ds and Newman, London.
BROKERS.
Messrs. Joshn). Hutchinson and Son, London.

David Chadwick , Eaq (M AUDITORS.
• essrs.Chadwick, Adamson, lirKenna,
and Co)., 27, Great George-stree , Westminster.
John Young, Est (Messrs. Coleman, Turquand, Youngs, and
0.), Tokenhouse-yard, City.
OFFICES, PRO TEM.
No. V, Great George-s`reet, Westminster, and 7, Laurence
Pountney-hill, C.ty.

The Company is formed for the purpose of carrying into
effect an agreement made for the purchase of the undermen-
tioned Coal, Iron, and other Works, which have for a long
time been carried on with very satisfactory results by private
Individual 4, and are capab'e of considerable expansion, with
greatly increased profits.
Tee Properties and Work 4 have been purchased on very
favourable terms, on valuations made by eminent mining
en_ineers.

The Works consist of—
t. The Ebbw Vale Collieries and Iron Works.
2. The Sirhowy collieries and Iron Works.
3. The Viet ria Collieries and Iron Works.
4. The Abersychan C Ilieries and Iron Works.
5. The Pontypool Collieries and Iron end Tin-plate
Works.
6. The Abercarn Collieries and the Chapel Farm Estate.
7. Wharves and Landing Stages at Newport.
All in the county of Monmou h.
8. limmatite I-on and Coal Galeages or Royalties in the
e'orest of Dean. In the county of Gloucester
9. The Brendon Hills Carbonate of Iron or Spathose
Ines, in the county of Somerset.
And the Estates comprise :

. -
3,254 acres of Fre hold Land and Mines.
7,215 acres of Leasehold Mines, and agrt ements for Lases
having upwards of 8 yea, a unexpired.
2,137 acres of Leasehold Mines, having from 10 to 50 years
unexpired.
700 acres of Mines in the Forest of Dean, held under a
Crown lease, renewable in perpetuity for perio 'a of 21 years.
About 9 miles in length, or about 3,, 00 acres on the course
of the Spathose iron ore veins, in Somersetsh re, under leases
for about 50 years unexpired.
The leaseho d coal and iron-stone royalties are held on
very moderate terms.
There are upwards of 2,000 houses and cottages on the free-
hold and leasehold estates.
The rentals from land, farms, and houses, amount to about
£14,000 -year.
The works afford employment to more than 15,000 persons.
repre•enting a population of 50,f00 people.
Schools f r the a3commo lotion of 2,200 children, and a Me-
chanics' In•titute have been erected upon the estates.
There are 23 b as -furnaces, of which 16 are in operation at
the present time—three being cold blast.
The present annual prcduc of the various col ieries is
850,000 tons of coal ; and this quantity can, with a compara-
tively sma 1 outlay, be increased to mil ion tons annually.
The produce ot iron-stone is 280,00) tons annu illy, which can
be increased to 450,000 tons.
The iron-making coals on these properties are of a superior
quality, free from sulphur, and eminently adapted for the
manufacture of the best class of iron or steel.
The present annual yield from the furnaces is about 130,000
tons of pig iron, including 12,000 tons of ntitypool cold blast,
but the arrangements are adapted for the production of
180,0)0 tons. About 90,000 tons of r •ils and finished iron are
sold annually, which can be increased to 120,000 tons with the
present applianc a.
All the properties are very favourably placed in regard to
situation of works and facilities of transport. The coal and
iron-stone mines, which are now drained and proved, will
supply the present consumption, without any material in-
crease of dead charges or outlay of capital, for upwards of 50
years ; and with a small outlay will yield a further supply of
600,000 toes of coal per annum, for household and .steam pur-
poses, for a like period.
The hmmatite iron ore and coal properties held in the
Forest of Dean will shortly be opened, and placed in
direct communication by railway with the various iron•
works, the distances between which and the place of pro-
duction will be from 2 to 42 miles only. whilst this clas+ of
ore is now carried to the works 3.0 miles by water and 30
miles by rail,
The Forest of Dean ore contains from 35 to 42 per cent.
of iron, and is well known for its superior quality over other
haematite ores for the manufacture of the best iron and
steel. It is estimated that, when fully opened, the mines now
held by the Company will produce 100,000 tons annually for
50 years.
The very extensive and valuable mines of spathose iron
ore, in Somersetshire, belon4ing exclusively to the company,
are the only mines of their kind now being worked in L4r( at
Britain, excepting the small veins found in the Durham lead
mines. When these mines are fully developed the works of
the Company will possess advantages greater than any other
Works in the supply of this most valuable materia for the
manufacture of the best quality ot iron and steel. And the
cost of producing spiegeleisn (pig iron with this ore will
not exceed half the present cost of spiegeleisn deity red
in England from Germany, whkh country furnishes near .y
the whole of the supply required for the present consump-
tion.

The Directors have agreed for a licence for the manufac-
ture of steel by the Bessemer process, which, from the pecu-
liar re4ourc,es they possess, they will be t-uabled to pro ,} ce
in v ry large quantities, and at a i rice that in comparison
with other works, ill insure to them the same advantages
in the manufacture of steel rails as the Ebbw Vale Company
have so long enjoyed in respect of iron rails.
The stocks of material and finished iron will be taken at
the cost i,rice, as entered in the books at the ast stock-
taking in September, 863, and are to be paid for within six
months.
The contracts on hand, which are large, and at remunera-
tive priles, will be transferred to the new Company.
Mr. Abraham Darby, the principal propr etor and manag-
ing partner of the whole o the concerns comprised in the
present purchase, will undertake the duties of Chairman of
the Board, and has consented to act as Managing i drector for
a period of five years, thereby securing to the new Company
the benefit of his leng practical experience in the manage-
ment of the works.
Mr. Joseph ttobinqm, also a proprietor in all the above
concerns, and who for many years, as the London partner,
has had the nrincip 1 management of their comme cial ope-
rations, will, under the direction of the Board, conduct the
business of the Company as heretofore,
From certified reports on the profits of the various works,
extending over a considerable period, and from a due con-
sideration of the advantages possessed by the Company,
the drectors feel justified in anticilatt g that the annual
dividends will be such as to give satisfaction to the Share-
holders.

The Vendors will subscribe for Shares in the Company to
the extent of half a million sterlinT.
Three hundred thousand pounds of the purchase-money
will be paid within two months, and the remainder by six
equal half-yearly instalments, with inter_st at 5 per cent.
Paid

No promotion-money or other similar payment will be
33,..}:0,rms of, Application for Shares may be obtained at t'e
11.1.01,tc p England, and its several Branches ; from the
infore 8 ; or from the undersigned, by whom any further
Ination required will be furnished.
CIAADWICK, ADAMSON, M'KENNA, and Co.,
Financial A2.•nts,
27, Great George-street. Westminster, and
64, Cross-street, Manchester.

captal X4,0)0,0,)0,ER8W VALE COMPANY (Limited).
in 89,0):+,00) Shares of £5O each.

11)1111" AI'PLICATION-i'OR ALLOTMENT OF

SUARES,

No.
To the Directors of „
The Ebbw Vale Company (Limited),"
Adamson, Mlienna, and Co., Finan-
cial Agents, 27, Great'
rge-street, Westminster, and 64,
Cross-streer, Manche%t"(2o
Gentlemen, i-.
in
Haying paid a deposit ,f z,
. rer Share, I beg to apply for
and h,
bhares of; R5O oiae
Company (Limited):in the proposed "Ebbw Vale
p to become a Share-
and in that ComPinY, subje to its rules and regulations,
to accept such Shares, or any less number that may be
allotted to me.
I am. Gentleman.
Your obedient a,,ry
ant,
Name in full
Address in lull . •
Profession or occupation
Date