The Sun.
London, England, 1863-08-06 00:00:00

LIFE DEPARTMENT

The following Statement exhibits the improvement effected
during the las r few years :

No. of Policies
Issued. Sums. Premiums.
1555
1859 6",5 . 449,913
1B'o
1861
1862 I,C 37
Thus in five years the number of Policies issued was 3,623,
assuring the large sum of £2,928.947.
The leading features of the Office are:—

1. Entire-Se: urity to Assurers.
2. The large Bonus additions already declar6i and the
prospect of a further Bonus at the nest investiga-
tion.
3. The advantages afforded by varied Tables of premiums
—unrestricted conditions of Policies—and general
liberality in dealing with the A ssured.
Forms of Proposal and every information will be furnished
on application at the
HEAD OFFICES • LONDON ~.58, Threadneedle-street
4, New Bank Buildings.
EDINBURGH... 64, Princes-street

N ORTH BRITISH AND MERCANTIT,E
INSURANCE COMPANY.
WEST-END OFFICE :
8, WATERLOO-PLACE, PALL-MALL. '
Secretary—ALEX. J. RUSSELL.

PASSENGERS AND TRAVELLERS
PROTECTION AND COMPENSATION OFFICES,
16, Craven-street, Strand, London, W.C.
Passengers by Rail, Road, or Water. and others suffering
from loss or injury to themselves or property, should apply
for redress and compensation at the above Offices ; established
to render prompt assistance to all classes upon the most ad-
vantageous terms.
Advice on application gratis. Letters must be addressed
to "The Manager," enclosing a stamp for reply.

NEUSTADT CHARCOAL IRON WORKS
ANY ( L d).
Capital £230,000, inCOM 11,P500 Shares ofe £2O each. Deposit on
application 10s. per Share, and £1 10s. on Allotment. The
calls not to exceed £5 per share during the first three months,
and no turther calls to be made payable at shorter intervals
than Three Months. In the event of no Allotment being
made, all Deposits to be returned in full.
The Company will be formed under the English law of
Limited Liability.
The Articles of Association will secure to the English
Shareholders the right to elect two-thirds of the Directors of
the Company durin the first seven years.
The amount expended in these works exceeds £340,000,
The purchase-money, to be paid by instalments, is £160,010 ; and this amount, with £40,000 for gradual extension of the works and working capital, will, it is estimated, be sufficient
to carry on the undertaking,: profitably.
Total present Capital required Of which a Mortgage may remain at 5 per cent. of. ~£200,000 50,000
Leaving Net Capital to be raised ................. ,
. £15t,000
Upwards of 4,000 Shares have already been taken
amOnnting to

••.. - ........ 80,000

Leaving 3,500 Shares now to be taken, amounting to £70,000
DIRECTORS.
Charles Buck, Esq. (It. Buck and Co.), 1, Crosby-square. I
Theodore Erich, Esq., (F. Steigerwald), 77, Newgate-atteet,
London, and Munich.
William Fowler, Esq., Sheepbridge Iron Works, near Ches-
terfield.
John Medley, Esq., her Majesty's Inspector of Works, Darby.
Adolph Knapp, Esq. (Loeder, Knapp, and Co.), 1, New Broad-
street.
Edwin d Nehse, Esq., Neustadt
Charles Phelps, Esq., 3, Rood-lane.
James Taylor, Esq. (James Taylor and Co.), 13, Fenchureh-
building s.

SOLICITORS.
Messrs. Hargrove, Fowler, and Blunt, 3, Victoria-street,
Westminster.
BARKERS.
The Consolidated Bank. 4, Lombard- street, London,
and Manchester*
AUDITORS,.
Messrs. Chadwick, Walford. and Adamson, 27, Great George
street, Westminster, and 7S, King-street, Manchester.
Temporary °• king-street,
Birchin-lane.

---
This Company is established for purchasing and working
the celebrated Iron Works, situate at Neustadt, on the
Hanover and Breraen It- ilway.
These import`ant works, well known in Germany for the
production of 'charcoal Iron, were established in 1856-58, at a
cost ex eedi'ag £340,000.
Accordir‘g to a report by John Iledley, Esq., of Derby, one
of 11. M.".., Inspectors of Mines (which report may be seen at
the Off ice), the works consist of two blast turnaces— a foundry
containing cupola and arrangements for a large casting busi-
ness—a forge—bar and plate mills with eight pairs of rolls—
shears—lathes, eze.., capable, with slight additions, of turning
out annually 5,000 tons of boiler plates, and 3,000 tons of bars,
the whole of the machinery worked by steam power—
together with ample storehouses, workshops, and offices, and
cottages for twe.;ty-five families.
The buildings 2re of a more substantial kind than is usual
for such purposes in England and the machinery, which is
constructed with all recent improvements, is in excellent
condition, having been used for a short time only.
The deposit of iron ore belonging to the works is practi-
cally inexhaustible ; it is of very pure quality, of the s one
composition as the clay band of the coal measures, and con-
tains from to as
ti) forty-four percent. of iron according
to the analysisn of Dr. Percy, of the Government School of
Mines London. As this mass of ore lies open to the day
it is worked ing, without the expense of sinking shafts, pump-
The&c.
fuel employed being half wood charcoal and half peat,
entirely tree from sulphur and phosph rue, plates and all
other descriptions of the finest quality are marufactured.
The exten.ive forests in the neighbourhood, and an inex-
haustible deposit of peat from 20 to 30 feet in thickness—
which is prepared at the works—supply the requisite fuel at
a cheap rate.
Coke is supplied by neighbouring collieries, of a quality
equal to the best North of England coke, with which superior
Iron for casting purposes can be made, and for which there is
an extens ye demand throughout Germany, at a price which
Will leave a large profi%
The Iron made at these works is adapted for the manufac-
ture of first-class plates, bars, tyres, and steel ; and froM the
tenacious and ductile character of some of the mixtures, supe-
rior armour plates for hips can be manufactured.
For the c.mvevance ot fuel nd products of the works the
pronerty includes eight miles of railway, three feet gauge,
besides two and three quarter miles of main line, branch and
sidings connecting the works with the Hanover and Bremen
line, and thus with all parts ot Germany.
The works are erected upon about fifty acres (65 Morgen'
of freehold land, and there is also a copyhold farm of 172
151°Irern (about 130 acres) on which the Iron ore is worked
ullu concession,
t.
stead for the tenan
comprising also a farm house and home-
t,:?lx hundred and fifty tons of Puddle Iron and about
antar. fall I i on pieces ( f dried peat remain upon the property,
in
_l_ liee Included in the puirchase.
tile de r
pany',4o quence of the excessive outlay made by the Com-
established the works, together with the mercan-
them rorlinn at that period financial difficulties brought
price 0, zpstand. The whole, is now offered at a very low
The c onVa°o—being less than half the original cost.
commence buellneY'ssnow on the first erectfn' 1
purchasing the Works, may at once
avo ding the delays necessarily attendant
fore with a pro.pe:t of works o diva magnitude, and there-
An experienced re" an early dend.
upon this total capital
land. resident Manager will be sent from Eng,-
proposed, 111 r. liedle
production, and on YtOtter
of £230,000, with the extensions
protective duties of the Zosl? carefully estimating the cost of
PPosition that the present high
(which is not expected for verein on foreign iron are repealed
rep pwards of 20 per cent. YVV211.13 to eome) shows a clear profit
rresenting a capital of eisg,,,the first issue of 7,500 shares,
produce 1,200 tons of bars, and ,:iu,&ctilie works can be started to
0 irate °t
plates annually
and after paying int rest at th
mortgage of £50,000, a dividend oArate of 5 per cent. tnay be realised.
per cent on the
yprotit in re-rolling rails
There is also a considerable item o
s, which at present are
of the German and Austrian railwai
s for manufacturing
carriage of 303
sent to the Westphalian Iron Works, wail a
which the unissued shares
utsutmadacet.
miles
T he beyond
ddit
io
nNael
coke iron, re-
vil. be postponed for the
commended by Mr. Hedley, and for
will be called, 1.
,gresent.
o reduction in the cost
'the prospeztis
Ringlebeim to liiidealieciirare t°
58' per ton,
when the line from
coke iron, will add about 18
constructed, and the mixture of 46.000 annually
to the profits.
d f rms of alication es an 0 . be had at the
of .
and of the Brokers,Solicitors, and B
Temporary Offices,(takers
of the Company.
_____

FORM OF APPLICATION FOR SHARES.
To the Directors of the Neustadt Charcoal Iron Com Pans,
(Limited).
Gentlemen.—Having paid to your Bankers the sum ot.
, being the deposit of 10s. per share on
shares in the above Compdny. I hereby request that you Will
allot me that number, and I hereby agree to accept such
shares, or any lesser number that maybe allotted to me ; and
I further reque yst that m name may be placed on the Register
of Shareholders for the shares so allotted.
Name in full
Residence
Profession or Business
Date ......... ...

RUPTURES.—BY ROYAL LETTERS PATENT.
WHITE'S MOC-MAIN LEVER TRUSS
(PERFECTED AND EXHIBITED IN THE GREAT
FXUIBITIONS or 1851 AND 1862), is allowed by upwards of
Two Hundred Medical Gentlemen to be the most effective
nvention in the curative treatment of HERN I A.
The use of a steel spring, so often hurtful in its effects,
is here avoided—a soft bandage being worn round the
body, while the requisite resisting power is supplied by the
hoc-Main Pad and Patent Lever, fitting with so much ease
and closeness that it cannot be detected, and may be worn
during sleep. A descriptive circular may be had, and the
truss, which cannot fail to fit, forwarded by post, on the cir-
cumference of the body, two inches below the hips, being
sent to the manufacturer,

Mr. WHITE, 228, Piocadilly.
A Single Truss, 16s. 21s. 265. 6d., and 31s. 6d. Postage, ls.
A Double Truss, 31s. '6d., '425., and 525. 6d. Postage, is Bd.
An Umbilical Truss, 425. and 525. 6d. Postage, ls. 10d.
Post-office Orders to be made payable to John l'Phite,Tost-
office, Piccadilly.

NEW PATENT
ELASTIC STOCKINGS,
KNEE-CAPS, &c., for Varicose Veins and all cases of
Weakness and Swelling ox the Legs, Sprains. Sao-
porous, light in texture, and inexpensive, and are drawn on
lire an ordinary stocking. Price 4s. 6d., 7s. 6d., 10s., to 16s.
mai . Postage 6d. They are