The Sun.
London, England, 1863-11-07 00:00:00

THE NATIONAL STEAM NAVIGATION
COMPANY (Limited).
IncorP°rated under Companies' Act, 1862," by which
the of each Shareholder is limited to the amount of
his bb ares.

Capital £2,001,000, in 20,000 Shares of £lOO each,
with power to increase.
'Deposit on Application, £1 per Share; on Allotment, £1
Per Sliare. Soon after Allotment a First Call of £3 per Share
Will be made ; subsequent Calla are not to exceed £5 per
Share, and are not to be made at intervals of less than Three
atonths from the date of prior Calls.
It is not at present proposed to call up more than £5O per
Share.

Thomas ChiIton,DIRECTORS.
the Sh owners' As Esq.soci (Hoa tildon, LiverpooLerness and Chilton), Chairman of
ip
Robert Dironi, Esq. (Dirom, Davidson, and Co.), Director of
the National Bank of Liverpool.
James Fertile, Esq. (Fernie Brothers and Co.), Direc-
tor of the British and American Exchange Banking Cur-
_poration, ieool.
Ttomas BeLrnvardrpGunsten, Esq. (Gunston, Wilson, and Co.),
Liverpool.
Edwin Haigh, Esq. (Thomas Hai.% and Co.), Liverpool.
3tdward Lawrence, Esq. (Edward Lawrence and Co.), Direc-
tor or the ißritish and Foreign Marine Insurance Company,
Liverpool.
Rarvey Lewis, Esq., M.P., Director of the National Bank,
London.
Jo,,epti Neale M'Kenna, Esq., Director of the National Bank,
London.
Robert 'Maxwell, Esq. (A., F., and It. Maxwell), Director of
the North British and Mercantile Insurance Company,
Liverpool.
Andrew Malcolmon, Esq. (J. and D. Malcolmson and Co.),
Liverpool.
Thomas Wilkinson Tetley, Esq. (Hollinshead, Tetley, and
Co.), Liverpool.
Major Usborne, Esq. (Usborne and Sons), Director of the
National Bank, London.
henry Threltall Wilson, Esq. (H. T. Wilson, and Chambers),
Deputy Chairman of the British and Foreign Marine In-
surance Company, Liverpool.

EANKIIIIS.,
.The National Bank, Old Broad street.
London..
--....•. . The Branches of the National Bank.
r ....The Bank of England.
Ireland
nche ;i i e
2Liverpool ....The National Bank of Liverpool.
EROKERS,
London J and J. Whitehead, 8, Moorgate-street.
Manchester.. ._ 'I homas
in Warner, Esq., 9, Stamp-office Build,
tr,s, Cross-street Liverpool —Thomas buildings. Tinley and Sons, 44, Brown's.
publin ........Edward For, Esq,, 51, Dame-street.
L0nd0n.,,,. SOLICITORS,...FIux and Argles, 9, Mincing-lane.
Liverpool ....Pletcher and Ilull, 6, Cook-stmt.
SUPERINTENDING ENGINEER AND NAVAL ARCHITECT,
John Jordan, Esq.,l de Chief Surveyor to the
Underwriters' Registry of Iron Ships.
GENERAL 3.I.A.NAtER—W. B. Macalister, Esq.

SECRETARY.
Joseph Treffry, Esq.

TEMPORARY OFFICES.
Throgmorton-street.
Liverpool ....Commercial-building's, Water-street.
Nothing has been more remarkable, in connection with the
Progress of Lancashire, than the rapid extension of the
Steam Trade of Liverpool. In the year 1852 the tonnage of
foreign steamers entered inwards at the Custom-house was
188.715 tons, while in 1862 it was 595,339, which, in the year
ending June, 1863, increased to 756,420 tons.
In the earlier days of steam, and before the recent improve-
ineucinits for the economy of fuel had been introduced, steamers
co
be employed with advantage only for the carrying of
mails and passengers, but latterly, owing to the improve-
ments in marine engines, economst of fuel and space has been
effected, thereby greatly reducing the working expenses, and
screw steamers have not only been employed in all the near
trades for the conveyance of goods, with large profit to their
o,Wners, but, owing' to the advantages which they afford to
ski Ppers, they have, in these trades, almost entirely displaced
ing vessels.
For some ycarrying trade out of Liverpool has been
gradually undergoing a change. In the American trade screw
steamers have taken the place of the once celebrated New
York liners, but as yet only as carriers of the highest class of
fine goods and passengers. Other descriptions of goods and
a large number of intermediate and steerage passengers being
still conveyed by sailing vessels.
In the important branches of the American import trade,
'viz., those of grain, flour, and provisions, the loss annually
sustained by heating during; the protr cted voyages fre-
quently made by satling, vessels is so great, that the interest
of all engaged in these trades will be enlisted in favour of
sue
anY scheme for the extension of steam shipping to include
h freight, and there beo doubt but that the whole of
the enormous trade in thes eaticles, which in Liverpool
alone amounts annually to 750,000 tons, will fad entirely into
tip, hands of steam companies.
-YThe first object of this Company is to place on the New
ork station a fleet of screw steamers from Liverpool and
London, of large size and great capacity, which will be able
to carry almost, if not quite, as cheap as sailing vessels,
whilst at the same time, from the regularity of their passages,
they Will command a full share of the steam trade, and the
Directors also intend sending steamers to the American
Cotton Ports when the war is brought to an end and the
trade re-opened, and have also under their consideration the
'Wants of the Brazil and other trades.
In organising this Company the Directors believe that it
Will not enter into undue competition with the existing lines.
The Cunard Line is a subsidised company, carrying the
Mails and passengers with fast and expensive steamers.
The Inman Line has no subsidy, but nevertheless has been
Most successful, and it now employs eleven vessels, having
commenced its operations with two steamers, the City of
Glasgow and City of Manchester. The steamships of the
Inman Line are, however, of greater proportionate horse-
Power than those projected by this Company, which will be
Sailed at much iez=s cost, and will be constructed to consume
a comparatively small amount of coal; at the same time of
such capacity that, in addition to a large cargo of merchan-
dise and passengers, they will be able to carry sufficient fuel
for their voyages both out and home, and so avoid the ex-
pense and delay incurred by coaling abroad.
In order that the objects of this Company may not be even
'Partially antic pated, and that the stations may at once be
e4'coPied, provisional arrangements have been made whereby
three new steamers, of the description indicated, and in all
_respects suitable tor the service, have been secured, and con-
tracts have been entered into for the budding of others of about
3,500 tone
ti„ each, and it is proposed to c munence with a fort-
gh,lY service each way, to be increased to weekly sailings
a 8 the vessels can be got ready. The ports of depar-
iuli:haol,liibofe, Liverpool for the weekly line, aml London to
o extent the t olitan trade may require.
me rop
IronOf
will be built under the inspection of Mr. John
Chief Surveyor to the Underwriter's Registry
n Ships,—whose services as Inspecting En.:ineer and
aval Architect the Directors have secured to th s Company.
The success which has attended the formation of well-
managed steam companies has been very marked. That of
Cunard and Inman Company is well known. 'I he Pacific
2_teani. Navigation Company, whose shares,Zso paid, are sell-
:1E1g at £7B per share, has out profits given to its share-
rs new paid-up shares exceeding the amount of the ori-
ginal capital, and pays a regular dividend of 10 per cent. on
the increased issue, carrying over at each annual meeting an
almost equal sum, while many private steamship owners,
with similar descriptions of vessels, but much stir:4ler than
those this Ccmpa.y intend to possess, have reaped like
results.
The Directors have, therefore, every reason to anticipate a
to'very great success to the undertaking. They are not en-
tering upon an experiment, but are providing for this Com-
pany a similar description of vessel, but of larger size, shan
those which have proved so remunerative to severs.: well-
known private firms engaged in the Mediterranean and other
trades, and have thus the advantage of the experience so
acquired, which proves that what is needed, under efficient
management, to ensure profitable results, are large ships,
with moderate but sufficient hot se-power and great carrying
capacity.
The introduction of the limited liability principle has en-
abled undertakings of great magnitude like the present to be carried out by joint-stock companies, which may embrace the
co-operation of shippers and of others interested, instead of
by private capitalists as heretofore; the result being that
the supporters of this line will become interested in its suc-
cess, and participate in the profits which they assist to earn.
Applications for shares may be addressed in the annexed
form to the Directors, and copies of the prospectus may be
obtained at the Temporary Offices of the Company, or at the
offices of the Brokers and Solicitors, but no application will
be considered unless a deposit of LI per share on the number
of shares applied for has been paid.

FORM OF APPLICATION FOR SHARES.
To e retained
of
the National Steam Navigation Company
(Limited!.
£ Gentlemen,—Having paid to your Bankers the sum of
, being a deposit of £1 per share on shares in
the above Company, I hereby request that you will allot me
that number, and I agree to become a member of the Com-
pany In respect of such shares, or in respect of any less num-
ber you may allot me ; and to execute the Ar doles of Associa-
tion when required ; and I request that my name may be
placed on the Register of Members for the shares so allotted.
Name in full
Residence
Profession or Business
Date

T" NATIONAL STEAM NAVIGATION
COMPANY (Limited).
IN OTICE IS HEREBY GIVEN, That NO APPLICATION
for SHARES in this Company will be RECEIVED aster
THIS DAY, SATURDAY, Nov. 7; from Ireland not later
than the 9th inst.

By order,
JOSEPH TREFFRY, Secretary.
Temporary Offices, 21, Throgmorton-street, London.
Commercial Buildings, Water-street, Liverpool,
7th November, 1863.
1_

,8 DRAWING
ita.w.rifitLcliAlEET
A
PLACE AT OF PRIZES
ST. JOSGEPRI
On THURSDAYi,ttsirl2l6th' of
iHIGHGATE,ngOn
liquidating the Debt i.NOVEMBER, 1863, to aid hi
establishing the English Mission of
Organ ; and to ass s in: nla remaining the New Church and
St.
Fathers Nicholas in Paris, now under the charge of the Passionist
The prizes of the first catalogue consist principally of
objects of art and other precious articles, presented blfl
Holiness, several Cardinals, Princes, and other persons of
s
distinction in Rome.
TICKETS ONE SHILLING EACH.
The amount realised will be disposed of as follows :—That
arising from the sale of tickets in England will be applied to
St. Joseph's, and that from the sale of tickets in France to
St. Nicholas', in Paris.
TEE DRAWING OF PRIZES WILL
__BE_ ON THE

PRINCIPLE OF THE ART UNION.
Any one purchasing or aiding in selling 25 tickets will be
iltutitled to a large Engraving, either of the Death of St.
Joseph, or of Blessed Paul of the Cross, which will be
forwarded by post upon receipt of 4 postage stamps.
Catalogues as well as tickets maybe had on application at
St. Joseph's Retreat, Highgate, and at 39, Rue de Berri, Paris.

CELEBRATION of the TERCENTENARY of
the BIRTH of SHILKSPEARE, at Stratford-upon-
Avon. The Tercentenary Committee (of which Sir Robert
y. C. Hamilton, Bart., K.C.8., Is Chairman) are now receiv-
ing SUBSCRIPTIONS, and they may also be paid to the
account of the Tercentenary Committee, at the Stourbridge
and Kidderminster or Warwick and Leamington Banks,
Stratford-upon-Avon ; Messrs. Greenway, Smith. and
Greenway, Warwick ; or their London agents, Messrs.
Smith, Payne, and Co , Messrs. Hanburys and Co., or Messrs.
Glyn and Co, bankers, London.
The Tercentenary Committee, in submitting the subscrip-
tion Bat to the nation, most earnestly appeal to the admirers
01 Shakspeare for their aid and assistance. The Committee
rest their claims upon the ground that Stratford is not only
the birthplace of Shakspeare. but the centre of attraction to
Ala admirers of the great Poet's works, and that it was his
home, the town he loved, and where he lived and died.

ROYAL FREE HOSPITAL, Gray's-inn-road,
in the immediate vicinity of the Great Northern Rail-
Way Terminus, at King's-cross.
Patron—The QUEEN.
President—The Duke of BUCCLEUCH, K.G.
Treasurer—Edward Masterman, Esq.
This was the first hospital to introduce the principle of free
and instant admission to the destitute sick, without the for-
tnality of governors letters. It is entirely devoted to desti-
tution in its most pitiable form—viz., that which is accom-
panied by sickness and disease, and is now of sufficient
magnitude that, with adequate support, it may be rendered
capable of admitting into its wards a very large proportion of
the casual sick of tMs great metropolis. It requires but the
funds in order to have 500 beds available for the reception of
these the most wretched of our fellow-creatnres. Moreover,
it gratuitously affords medical advice and medicine to more,
on the average, than 3,000 out-patients a week.
The Weekly Board feel it theirimperative duty to make an
EARNEST APPEAL to the public for continued support,
to enable them to admit and relieve the distressing cases that
daily present themselves.
Contributions are received by the Treasurer, Edward
/Ulsterman, Esq., Nioholas-lane; also by Messrs. Coutts and
Co ; Drummond and Co. ; Herries and Co. ; RansoGad
Co: ; Prescott, Grote, and Co.; Smith, Payne, and Co. yn
Bait;
layveanrend Co.;,
GnDer, ande
Co.; '
and Co. ; Jones Loyd and •
and Co.;W Maras, Deacon, and Co.•
'
Co. ; Nisbet and Co. ; Messrs. J. Barned and Co., Liverpool
and at the Hospital. STANFORD 8. SMITH
_secretary