The Sun.
London, England, 1863-05-15 00:00:00

BROKERS,

Messrs. Joshua Hutchinson and Son, 15, Angel• court,
Throgmorton-street, E.C.
BANKERS.

Messrs. Spooner, Attwoods, and Co , 27, Graceehnrch-
Etreet, E.C.
SOLICITORS.

Messrs. West and Ring, 3, Charlotte-place, Mansion-
house, E.C.
Offices-2, Old Palace-yard, Westminster, SW.

1. The object of this enterp•ise is to take advantage of the
impulse given to the Manufacture of Paper by the repeal of
the Excise unties, under circumstances peculiarly favourable,
the materials being obtained by a patent process in full ope-
ration, at prices very h ghly remunerative, as compared with
the cost of similar products in the of en market.
2. It is well known that very large fortunes have been
realised in this trade, and the removal of a Tax which
amounted to £2O to £95 per sent. upon the value of first-class
News and Printing, Papers, at a time when there is a con-
stantly incre,ing demand for the supply of Books, Periodi-
cals, Newspapers, and Writing Papers, ensures a large and
very remunerative business to a manufactory situated close
to the metropolis, erected on the most scientific plane, with
the greatest regard to economy of production by the saving
of labour and the introduc ion of machinery of the most per-
fect description.
3. Under the powers of the Limited Liability Act of 1862,
it is proposed to purchase at their actuil cost, the under-
takiags of the Ettrick Forest Paper Mill Company and the
Ulmate of Ammonia Company, and to carry them on under
the title of the Dartford Creek Paper Mill Company.
4. fee works of the Ulmate of Ammonia Company were
established in 1880, on Vie Thames, at Grays, in Essex, for
the purpose of working Ward's Patents for obtaining paper-
making materials from rags of mixed fabrics, and a valuable
manure powder from the res due. The patent process has
proved, mechanically and commercially, completely success-
ful, and working by day only, the machinery produces 25 tons
of paper-making material per we k, and about the same
quantity of powder, containing ',bout 15 per cent, of soluble
nitrogen. estimated as ammonia, closely approaching in rich-
ness to the best qualities of Peruvian guano.
5. In 1882, a large mill for ma ,ufacturing into paper the
fibrous products of the w(.rks at Grays, in mixture with other
materials, was erected on the Dartford Creek, by the well-
known engineering firm, Messrs. Easton, Amos, and Sons,
with every recognised practical improvement in construction
and machinery. Driven by steam power, abundantly supplied
with the purest water from an Artesian well, with coal and
materials by water carriage, and cheap transport for the
paper by rail to London, the power and economy of produc-
tion have proved highly advantageous as compared with
mills located, as the great majority still are, on country
streams, on which they are more or less dependent for mo-
tive power and for water for working purposes.
6. The present turn out of the Paper Mill is 16 tons of news
and print ng papers per week made to order, and the works
were built so as to admit of the doub,ing of the production,
at an outlay very largely below the cost of the original under-.
taking.

7. The capital in actual cost and working
funds of the Ulmate of Ammonia com-
pany, is
The cost of the Paper Mill is .
The estimated cost of tie proposed exten-
sion, including increased cottage accom-
modation and contingencies ....... 20,000 0 0

Total £117,000 0 0
Add for inci ease of working cap tal

Total £135,000 0 0
8. To carry out the intended purchase, to double produce
of the Paper Mill, to utilise to the fulle,t extent the tive power of the works at Grays, and to provio e the necessary
working funds, it is proposed to raise a capital of £150,000, in
shares of £lO each, of which £15,000 will remain uncalled as
a fund ot credit, deemed highly d, sirable for the safe and
profitable working of a Limited Company.
9. After providing for every ontingency, the net profits
calculated upon the present working and receipts, as applied
to the enlarged production, viz., 32 to 36 tons of paper, and
25 to 30 tons ot manure powder, per week, will be from X 20,( 00
to £25,000 per annum, according to the condition of the mar-
kets, giving a dividend of from 15 to 20 per cent., with pros-
pects of considerable increase upon favourable developments
of general trade, which it is well known is depressed by the
state of affairs in America, and other di:turbing causes.
A very large share of the capital has already been sub-
scribed by the present owners of the properties.
Prospectuses and Bankers application for shares may be
obta ned from the Brokers, Solicitors, or at the
Offices of the Company.
Applications for shares must be made in the form annexed
to the prospectus, accompanied by the deposit of XI er share.
If no allotment be made the deposit will be returned in full ,
and it a less number be allotted than is applied for, the sur-
plus will be used towards the payment on allotment.
FORM OF APPLICATION FOR SHARES.
To the Directors of the Dartford Creek Paper Mill Company
(Limited).
Gentlemen,—Having paid to your Bankers the sum of
£ , I request that you will allot to me shares of £lO
each in the Dartford creek Paper Mill Company (Limited).
These or any less number which may be allotted to me I
hereby agree to accept pursuant to the Articles of Associa-
tion, and to pay the remainder of the deposit and the calls
thereon when required so to do, and I request you to place
my name on the Register of Shareholders for the shares so
allotted.

Name in full
Address
Profession
Data
signature
N.B.—This form, when filled up and signed, to be left with
the Bankers on payment of the deposit.

T".-MOORE BROTHERS respectfully inti-
tht their New ctus is now The
et•peciallymate recoammend their Pros impro peved Family Tea,ready. reducedy to 3s. 2d. ; Souchong' reduced to 3s. ed. ; mixed Assam, re-
duced to 3s. Bd. ; and the finest Assam, reduced from is. 4d.
to 3s. lid. per lb.
MOORE BROTHERS, 35, London-bridge, City, E.C.