The Sun.
London, England, 1864-08-20 00:00:00

(With power to add to their number).

BANKERS.
T,e London and County Bank and its Branches.
Alli tnce Bank, at Liverpool and Manchester.
IPsrs.• Bail ic, Cave, and Co., Bristol.
ipe Leeds Banking Company, Leeds.
q
esers. Crawshay Bailey, Greatrex, and Co., Monmouth,
/11)ort, and Abergavenny.

4tegi SOLICITORS.
gra. Sole, Turners, and Hardwick, 68, Aldermanbury.
London.
BROKERS.
41-4,e8 Shepherd. Esq., 36, Throgmorton-street, London.
veßers. T. Tinley and Sons, Brown's-buildings, Liverpool.
ir sere. Ridsdale and WaLes, Park-row, Leeds.
kiertsr.., Mewburn and Barker, Moult-street, Manchester,

AUDITORS.
Prederick James b our Esq., OM ard, Esq., Bread-
Jewry,streetLondon. London.
~
13.14uel Lowcit Price, Esq., Gresham-street, London.

SECRETARY.
J. 11. Flesher, Esq.
TEMPORARY OFFICES.
29, Threadneedle-btreet, London, E.C.

ABRIDGED PROSPECTUS.
I:en-eatlctensive and valuable properties of Crawshay Belle
P., known as the Aberaman Iron Works and Col-
111W Which are of European celebrity, have been carefully
and eyed by Joshua Richardson, Esq., 31. 1.C.E., F.G.S.,
tilt rend over an area of 1,53) acres of Freehold Land on
North Crop of the South Wales Coal Basin, and contain
%rly ater number cf the veins of it onstone and coal than is
found in any property of equal extent.
by be coal is the noted Aberdare Steam coal, and certified
ft,,d Richardson as " The best steam coal in the kingdom,"
BLatids at the head of the Government list.
!',intrAchardson describes the property in his Report " as
'eetning 16 veins of coal, of the aggregate thicknes4 cf 48
gate besides the numerous courses of ironstone, of the aggre-
Vhoi'llickness of 14i feet ; these extend over the area of the
11„,8 e estate, and there are four veins of the average th.ck-
abtis,of,B feet, which crop out on the side of. the mountain ;
?elow the 9 feet there are four more veins of coal of 10
,h,lO thickness."
4h. Ithiz ironstone " is the black band, a carbonaceous ore,
01. la comparatively rare, and yields from 63 to 70 per cent.
at„,°o," and aso the ordinary argillaceous ironstone. The
egate thickness is 5i feet.
fi.te estate contains at least 91,485,440 tons of whole or un-
tounZed coal, which would yield a supply of upwards of 1,,00
blank day, or 3(0,0)0 tone per annum for 304 years ; and of
tan. band iron ore, 4,r40,510 tons, which is equal to 3,000
ton'Sif bar iron per annum for 773 years ; and of ,rgllaceous
14„,7t0ne, 135,3 9,270 tons, whi..h is equal to 500 tons per
yK, or 26,100 tons of bar iron per annum for 1,300 years
titehle Company has
th entered into a provisional vntract for
aaPurchase ot e whole of the freehold and leasehold
%,'le!",inciuding the whole of the minerals rents royalties
jt,Y,leaves, S,ze., besides the iron iorks, coal-'fields,'and good:
l
of the business, and aso the mansion, 300 cottages,
Zudings, plant, machinery, engines, stocks, railways, tram-
"aYs and other property.
,Mr Crawshay Bails y, although working the property only
Za Very limited extent, has realised very large profits, and
'`'ltres in consequence of advanced age, with a princely flr-
ltiee. 311' r Richardson reports that the income may be doubled
21 trebled ith moderate additional outlay. and Mr. D. Jones
:epOrts that £IOO,COI per annum net profit can easily be
‘ealised ; and assuming only half this income be pro lu-ed.
1114 ,h 3, the share cpital upon which the dividend will
suppo
I:Payable to ," g 250,00, I follows that, after allowing in-
rest loans,
de
on Syd,, from 15 to 20 per cent, will be evadable
4' a dividend to the Shareholders, and this not from an un-
ltrjaking requiring to be developed, but from an old-estab-
led and lucrative business.
)),Lvith a view to keep the called-up Share Capital as low as
bZible, arrangements have been made by which the vendor
,I'sT„ geed to allow a large portion of the purchase money to
0 at interest; this will materiady increase the dividends
shareholders.s
teiZies of the Articles, of Association, which contain file
to. of the provisional contract, and of the reports referred.
Di 47. y be seen at the offices of the Solicitors of the Com-
lort4licat,ons for the remaining shares must be made in the
annpx' edand be accomp ,nied by a payment of £1 per
-re ' bemade, the amount will be returned
forth ; no allotment
the 'With •if less number is allotted than is applied for
With; a
tay,„-.oUnt pai2 on appli ation will be applied towards the'
ellig„,ellt of the £1 Clue on allotment—the balance, if any,
6 re turtle 1.
littdetSed Prospectuses and Forms of Applcatio_n may be
keria' the Office of the Company. and of the Btheankers, Bro-
t 0 ' 4111 So(limited) , licitors • and also at the Offices of Financial
.„,....__POration 14, Leadenhall-street, London.

01' I.)R ID GE'S BALM of COLUMBIA
tfttabilitands unrivalled as a toilet reunite.
It pas been
*ver iNled 40 years, and is the best and only certain remedy
or r,,Liscovered for preserving*, strengthening:, beautifyinv,,
Ve4Voring the Hair, Whiskers, or Moustaches, and pre-
3a, 6,,ng" them turnintr gray or fa ling off.—Sold in bottles,
to 68 and 118. C and A. OLDRIDGE, 22, Welling,-
.ror-Are. et'. Strand, W.C..; and all chemists and poriumers
mldrea's and Ladies' Ila,r it is most efficacious and

'e AA MERON'S GOUT SPECIFIC.
Naati,...-n Effectual and SpEedy Remedy for the Gout, Rheu-
eql4;,,Sciatica, Lumbago, and Neuralgia. This invaluable
tkt %tier Is so pre-eminently efficacious. as to ,dmit of no
e,„ ~ • Instance+ have been known, in which sufferers have
la' • 'O,ll, fined to their apartments, hand and foot, writhing
iiißliq k he most intense agony, whose sufferings, to the asto-
tbalif.i2ei)k4 of their friends, ha re been wholly removed in less
retie 24 hot_ 'rs after taking the above medicine,
dthterE elves
has bred ab ~' to resume their avocations._ Indeed, le effect
~,rsttheert such, and brought about in so harmless and speedy
CO eager, that he d
proprietor, with the utmost emit ence,
.t.'.g'es the ~,,,,I(Cal world to produce a medicine equal to
baba the coils-Ilia 'qn it is harmless ;to the fluids of the
R'ea4lratne it adds' a., tt,freeable impetus ; tolthe
_system
tale-,',Y it is invi,,ora`tig to a degree unpaora leled_; and
;Ll' lernale m ' tie it: to equal advantage..
A dose of
*ffe -"""ve naedicinacytaken b^. 't once a month operates most
Iti etUall of the complaint. Price
1,• lid ,7 in preventing as
r-e"tu:11.
~0 ~.etor R .0
ip prepared only by the
, ron,.l'"g• 9d•, and 4s. 6d. per bott--
_street,Covent-garden,
1, tido,. , _ ameron, , t —Banlay and Son, 95,
40 Tavistock-
4qinc, " holesa'e London agen s .
of St'
,Oon-street . Butler and Crispe, 4, Che.._ . !
a voide corner
° t ,
:10, 'llaul's Churchyard ; Cleaver, 63, Oxford-sti,e ,Dart,
"tk the - t Strand g ,
tarn 1 stret ,
Ceipt I e bforwarded free from the manufactory on re-
-0 10 gamin.

ERCAN TILE CREDIT
)N, Limited.
in 100,000 shares of £5O each.
£5O ',OOO.
DIRECTORS.
N, Esq., Chairman.
• Charles Kelson, Esq,
G. G. Macphers Esq.
Sir J. Pelly, Bart.
W. Scholefield, Esq„ M.P.
Sir S. Scott, ['art.
H. D. Seymour, Esq., M.P.
Joseph Thornton, Esq.
P. G. Westmorland, Es;.
Alfred Wilson, Esq.
M. Zarifi, Esq.
BANKERS.
The Bank of England.
The Agra and Masterman's Bank, Limited.
The Bank of London.
The Union Bank of London.
Sir W. Miles, Bart., and Co., BristoL
SOLICITORS.

Messrs. Edwards and Co., and Messrs. Ashurst, Morris, and
Co.
—MANAGERS.
Henry J. Barker, Esq., and T. Fraser Sandeman, Esq.

This Association receives money on deposit at notice, and
for fixed periods, on terms to be agt eed upon ; makes advances
on approved securities, and effects purchases and sates of
stocks, shares, and debentures ; negotiates loans, and under-
takes general financial business.
Communications io be addressed to the Managers.
By order.
W. C. WIN TERBOTTOM, Secretary.
TEMPORARY OFFICES.
Crosby House, 96, Bishop ;ate-street Within.

E AGLE INSURANCE COMPANY,
LONDON.
REPORT of the Directors for the Year ending 30th June,
1864, read at the Annual General Meeting, 12th August,

1854
Sir JAMES FULLER EAST, Bart„ D.C.L., in the Chair.
The duty once more devolves upon the Directors of making
a report to the Proprietors on the transactions of the past
year, and, as usual, they commence it by a reference to the
particulars exhibited in the Surplus Fund Account. These
particulars are as follows :

INCOME OF THE YEAR ENDING JUNE 30, 1864.
Balance of Account, 30th June, 1863 £528,263 12 11
Premiums on New Assuran,es ..£23,633 14 1

DiitO,old ditto 288,96 1 4

£311,970 ;5 5
Interest from Investments. 81,,46 13 10

£193,126 9 3
Profit on the Sale of Securities.. 17,515 16 8

Total Income

£938,910 18 10
CHARGE OF THE YEAR.
Div deed to Proprietors
Claims on decease of Lives As-
sured ..
Additions to those under Parti-
cipating Policie5....
Policies surrendered 12,953 13 1
Re-assurances, new
If old

£274,779 2 6
Commission
Medical Fees 7lB 7 2
Income-tax
Expenses of Management 12,926 18 6
......, 300,510 11 10

Total Charge
Balance of Aooololt, 30th June, 1864

THOMAS ALLEN, Auditors.
£938,910 18 10
Examined and approved,
HENRY ROSE, }

Here it will be seen that the total income of the year is
£110,642 ss. I'd., and the total charge X 40,834 Gs. 10d. The
difference— £9 ~807 195. ld.—increase the surplus Fund to
£62e,076 12s. The difference last year, it may be remembered,
was £50,875 ifs. 7d.
The income of the year is greater than that of the preceding
one by nearly £22,000. The increase is mainly attributable
to the profit derived from the sale of premises in the City,
and e, sewhere.

With exception of the payments on account of re-assurance,
and those to the proprietors, all the 'tems of charge are less
than tho e of the previous year. Thus, the sum paid for
claims is less by £27,000, an that for surrender of policies
by £5.310. A considerable reduction, too, is obsery able in the
expenses of management, arising from a diminution in the
number of the Board, and from other circumstances. The
Balance Sheet is as follows :
BALANCE SHEET.
LIABILITIES.

Interest due to Proprietors— £5,432 14 9
Claims on decease of Lives Assured and ad-
ditions thereto unpaid
Cash Bonus due to Policy-holders .. 571 2 8
Sundry Accounts 1,015 10 10
ValuejlB6lol Sums Assured 4,731,195 7 0
._..

Proprietors' Fund £190,187 10 0
Surplus Fund, as above

818,264 2 0

£5,651,801 13 1
ASS r.TS.
Amount invested in fixed Mortgages £903,790 1 6
Ditto, ditto, decreasing Mortgag. s
Ditto, ditto, Reversions
Ditto, ditto, Funded Securities 402,148 18 4
Ditto, ditto, Temporary Securities
Current Interest on the above Investments.. 28,085 1 3
Cash and Bills
Advanced on Security of the Company's Po-
licies
Agents' Balances 32,177 2 3
eundry Accounts
Value (1862) of Assurance Premiums
Value (186 ,) of Re-assurances 34,263 10 8

£5,651,801 13 1
Examined and approved,
T H 0 %lAS ALLEN,)
HENRY ROSE,Auditors.
The Assets here specified remain nearly as they were in
the last Report, except that the amount invested in Rever-
sions is increased, and that in fixed Mortgages is diminished.
The balance of the Surplus Fund is, of course, increased (as
it should 19,) from £528,268 12s, 11d. to £028,076 12s.

The Trustees and Directors of the Company are now as
follows :