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London, England, 1864-07-02 00:00:00

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THE CREDIT MOBILIER (Limited),
80, Lombard-street, E.C.
Capital, 51,000,000, in 20,001 Shares of £5O each.
Subszribed Capital, 5500,000, in 10,00 Shares.
DIRECTORS.
Chairman—The Right Hon. James Stuart Wort ey.
The 'Hon T. C. Ha iburton, John Westmorland, E-q.
H. P. I Edward Warner, Esq., 31. P.
Alexander nunbar, Esq. Ch tr es Ellis, Esq.
Ado phe Hakim. l'sq Ja e. Levick, Esq.
Charles E. Newbon, Esq. Henry Pownall, Esq.
MANAGER.
Albert Grant, Esq.
BANKERS.
Mes=rs. Masterman, Peters, Mildred, and Co. London.
Messrs. Smith, Payne, an i London.
This Comp ny is prepared to negotiate Government and
Municipal Loans, and to aid in carrying out Concessions.
To make advances on approved securities.
To effect the purchase and sale or Shares, Stocks, &c, and
to transact financial business genera' y.
Also to receive money on deposit, for BRIEF or EX-
TENDE D perods, on terms to be agreed upon.
Communications to be made to the Manager.
THOMAS SHORT, Secretary.
Temporary Offices, 80, Lombard-street, London. E.C.

THE EBBW VALE COMPANY
(Limited).
Incorporated under the Companies Act, 1812.
Capital Four Millions, in 80,`00 shares of £5O each.
Deposit on application £1 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 mire 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.
Francis Tothill, Esq., Bristol.
John Platt, Esq.. Oldham.
G. S. Beecroft, Esq , M.P., Leeds.
Esq., Manchester.
James As Turner,
'Harry George Gordon, Esq., 1, Clifden-place, Hyde-park,
London.
Charles King Anders'A, 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. Joshm. Hutchinson and Son, London.
AUDITORS.
David Chadwick, Esq. (Messrs. Chadwick, Adamson, M`Kenna,
and Co.), 27, Great George-stree , Westminster.
John Yount, Esq. (Messrs. Coleman, Turquand, Youngs, and
Co.), Tokenhouse-yard, City.
OFFICES, PRO TEM.
No. 27, Great George-s reet, Westminster, and 7, Laurence
Pountney-hill, C ty.

The Company is formed for the pu•pose of carrying into
effect an agr, ement made for the purchase of the undermen-
tioned Foal, iron, and other Works, which have for a long
time been carried on with very satisfactory results by private
individuals, and are capab'e of considerable expansion, with
greatly increased profits.
Toe Properties and Works have been purchased on very
favoyrable terms, on valuations made by eminent mining
en. Sneers.

The Works consist of-
1. 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 fllieries and Iron Works.
5. The Pontypool Collieries and Iron and Tin-plate
Worts.
S. The Abercarn Collieries and the Chapel Farm Estate.
7. Wharves and Landing stages at Newport.
All in the county ot Monmou h.
8. Hmmatit.. I-on and Coal Galeages • r Royalties in the
Forest of Dean. in the county of Gloucester
9. The Brendon Hills Carbonate of Ir_n or Spathose
Mines, in the county of Somerset.
And the Et:Wes comprise :-
3,254 acres ot Fre hold Land and Mines.
7,215 acres of Leasehold Mines, and agr molts for Lases
haviny: upwards of 8 years unexpired
2,137 acres of Leasehold Mines, having from 10 to 50 years
unexpired.
70.) acres of 31ine4 in the Forest of Dean, held under a
Crown lease, renewable in perpetuity for perio •s 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
414,000 n -year.
The works afford employment to more than 15,000 persons,
repre-enting a population of 50,000 people.
Schools for the a3commolation of 2,200 children, and a Me-
chanics' Institute have been erected upon the estates.
There are 23 bias'-furnaces, of which 16 are in operation at
the present time—three being cold blast.
The present annual prcduv of the various col'ieries is
850,000 tons of coal • and this quantity can, with a compara-
tively small outlay, increased to 1i mil ion tons annually.
The produce of iron-stone is 280,000 tons annualy, 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 pigiron, including 12,000 tons of P, ntypool cold blast,
but the arrangements are adapted for the production of
180,000 tons. About 90,C00 tons of r and finished iron are
sold annually, which can be increased to 120,000 tons with the
present applianc s.
All the properties are very favourably placed in regard to
situation of works and facilities of transport. The c al 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
C 90,000 to- s 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 clog+ 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 3S to 42 per cent.
of iron, and is well known for its superior quality over other
ham ,tite ores for the manufacture of the best iron and
steel. It is estimated that, when ful y 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, belon..ing exclusively to the 'ompany,
are the only mines of their kind now being worked in Ur( at
Britain, excep ing the small veins found in the Durham lead
mines. When these mines are fully developed the works of
the Company will possess a ivantages greater than any other
works in the supply of this most valuable materia for the
manufacture of the best quality of iron and steel. And the
cost of producing spiegeleisn (pig iron with this ore will
not exceed half the present cost of spiegeleisn deify red
in England from Germany, which country furnishes neany
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 relources they possess, they will be enabled to proluce
in v ry large quantities, and at a price 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, 1863, and are to be paid for within six
months.
The contracts on hand, which are large, and at remunera-
tive prPes, will be transferred to the new company.
Mr. Abraham Darby, the principal propr etor and manag-
ing partner ~f the whole o the concerns comprised in the
prese(it purchase, will undertake the duties of Chairman of
the Board, and has consented to act as Managing ()hector for
a period of five years, thereby securing to the new Company
the benefit of his long practical experience in the manage-
meat of the works.
Mr. Joseph itoblir;on, also a proprietor in all the above
concerns, and who for many years, as the London partner,
has had the vrincip 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,
extendb g over a considerable period, and from a due con-
sideration of the arivantages possessed by the Company,
the 1 irectors feel justified in antichati 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 sterling.
Three hundred thousand pounds of the purchase-money
will be paid within two months, and the remainder by six
equal half-yearly instalments, with interest at 5 per cent.
paid.
No promotion-money or other similar payment will be
made.
Forms of Application for Shares may be obtained at t',e
Bank of England, and its several Branches; from the
iirokers ; or from the undersigned, by whom any further
information required will be furnished.
CHADWICK, ADAMSON, M`KENNA, and Co.,
Financial Agents,
27, Great George-street. Westminster, and
64, Cross-street, Manchester.

TILE EBBW VALE COMPANY (Limited).
Capital £4,000,000, in 80,00,00) Shares of .C5O each.

r0P.51 OF APPLICATION FOR ALLOTMENT OF

No. •
To the Directors of `The Ebbw Vale Comp any (Limited),"
per Messrs. Chadwick, Adamson, M‘lienna, and co., Finan-
cial Agents, 27,
Great George-street, Westminster, and 64,
Cross-street, Manchester.
Gentlemen, ,
Having paidad ocpfolistoce £1 rer Share, I beg to apply for
fact), in the proposed "Ebbw Vale
Shares
Company (Limit(Limited),"),"
and T herebylo
its
rulesee to
and become
regulations,
la,
laShare-
holder in that Company, subject
and to accept such Shares, or any :egg number that may be
allotted to me.
I am, Gentlemen,
Your obedient servant,
Name in full
Address in full ........ •
Profession or occupation
Date