The Sun.
London, England, 1863-11-04 00:00:00

SECRETARY.
Joseph Treffry, Esq.

_ -
TEMPORARY OFFICES.
London ..... .. . 21, Throgmorton-street.
Liverpool ....Commercial-buildings, Water-street.
Nothing has been more remarkable, in isonneOtion wath the
Steam Trade of Liverpool. In the year 1852 the tonnage
Progress of shire, than the rapid ex ion
oratte
t
foreign steamers entered inwards at the Custom-house was
188,70 tons, while in 1862 it was 595,339, which, in the year
ending June, 1803, increased to 756,120 tons.
In the earlier days of steam, and before the recent improve-
ments for the economy of fuel had been introduced, steamers
could be employed with advantage only for the carrying of
mails and passengers, but latterly, the imrove-
ments in marine engines, economy of fuel and space haps 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
owners, but, owing to the advantages which they afford to
shippers, they have, in these trades, almost entirely displaced
sailing vessels.
For some years the carrying 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, tle,ur, and provisions, the loss annually
sustained by beating; during the protr cted voyages fre-
quently made hy sailing* vessels is so tercet, that the interest
of all engaged in these trades will be enlisted in favour of
any scheme for the
heretoexension of steam shipping, to include
such freight, and nbe no doubt but that the whole of
the enormous trade in these articles, which in Liverpool
alone amounts annually to 750,000 tons, will fad entirely into
the hands of steam companies.
The first object of thia Company is to place on the New
York station a fleet of screw steamers from Liverpool and
London, of large size and great capacity, which win be able
to carry almost, if not cite, as cheap as sailing vessels,
Whilst at the same time, fro an 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
Wanta of the Brazil and othertrades.
w In. organising this Company the Directors believe that it
not enter into undue competition with the existing lines.
The Cunard Line is a subsidised com carrying the
mails and passengers with fast and expensive'
steamers.
The Inman Line has no I übsidy, 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 less cost, and will be constructed to constune
a comparatively small amount of coal ; at the same time of
d such capacity that, in addition to a large cargo of merchan-
ise 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 anticpated, and that the stations may at once be
occupied, provisional arrangements have been made whereby
three new steamers, of the description indicated, and in all
respects suitable for the service, have been secured, and con-
tracts have been entered into for the building of others of about
3,500 tons each, and it is proposed to commence with a fort-
nightly service each way, to be increased to weekly sailings
as soon as the vessels can be got ready. The ports of depar-
ture shall be Liverpool for the weekly line, and London to
the extent the metropolitan trade may require.
The ships will be built under the inspection of Mr. John
Jordan—late Chief Surveyor to the Underwriter's Registry
of Iron Ships,—whose services as Inspecting Eneineer and
Naval 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. ihe Pacific
Steam Navigation Company, whose sttres,.£so paid, are sell-
ing, at £7B uer share, has out et profits given to its share-
holders new paid-up shares exceeding the amount of the on-
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 in.ny private steamship owners,
with similar descriptions of vessels, but much sm iller than
those this Ccinpaey intend to possess, have reaped like
results.
The Directors have, therefore, every reason to anticipate a
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, ,han
those which have proved so i emunerative to severe, well-
known private firms engaged in the Mediterranean and other
trades, and have thus the advantage of tne experience so
acquired, which proves that what is needed, under efficient
management, to ensure profitable results, are large ships,
with moderate but sufficient horse-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 ant 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-
oees, and participate in the profits which they assist to earn.
Applications ter 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 HO application will
be considered unless a deposit of .£1 per share on the number
of shares applied for has been paid.

FORM OF APPLICATION FOR SHARES.
To be retained by the Bankers.
To the Directors of the National Steam N avigation 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 tnat 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 Ankles of Associa-
tion when required ; and I request that my name may be
placed on the Register or Members for the shares so allotted.
Name in full
Residence
Profession or Business
Date

THE NATIONAL STEAM NAVIGATION
COMPANY (Limited).
NoTicn IS lIEREBY GIVEN, That NO APPLICATION
for NAT SHARES in this Company will be RECEIVED alter
than the 9th innsURDAY ext the 7th inst. ; from Ireland not later
t.

By order,
'JOSEPH TREFFY, Secretary.
Temporary Offices, 21, 'Throgmorton-streeßt, London.
Cotanaercial Buildings, Water-street, Liverpool,
3rd November, 1863.
_____

TEA. _MOORS BROTHERS respectfully inti-
mate that their New Prospectus is now ready. They
especially recommend their improved Family Tea, reduced
to is. 2d. ; Souchonz reduced to 3s. Bd. ; mixed Assam, re-
duced to 3s. Bd.; and the finest Assam, reduced from 4s. 4d.
to 3s. 11d. per lb.
MOORE BROTHERS, 35, London-bridge, City, E.C.

ALGERIAN ONYX MARBLE. Messrs.
HOWELL, JAMES, and CO., respectfully solicit an
to4pection of their Onyx Salon, which contains upwards of
i,009 objects, consisting of Clock, Candelabra, Lamps,Vases,
Jardini&res, Inkstands, Pen-trays, and a variety of smaller
articles of taste, at moderate prices.
This beautiful marble is perfectly translucent, bears a very
Site polish, presents a diversity of pleasing tints, and can be
turned or chiselled into any form necessary for utility or
ornament,--5,7, 9, Regent-street, Pall-mall.

A. REAL SEA BATH in your own room by
using TIDMAN'S SEA SALT.
This article, extracted from the "foaming billows," is a
valuable adjunct to the daily bath, and the best possible sub •
stitute for a visit to the sea-side. Price 16s. per cwt. For-
'warded on receipt of post-office order or stamps.
donsDMAN and SON, Chemists, 10, Wormwood-street, Lou-
E c--__ • •

TWIN/lAN'S SEA SALT is of great benefit to
the I„ Weakly children, and a boon to all who would obtain
chbric.forating effects of a sea bath in the comfortable se-
in °n• of an apartment. Instructions for use are enclosed
each k et.
iribhmAys SEA SALT ha; been analysed by
Buperio—r• nassall, who strongly recommends it as very
bathinj to the rock and otip-r salts commonly used for
bathie Purposes. It is the only efficient substitute for sea
1121138.girsIn bags of 141b5., price 2s. ; 281b5., 4s. ; 561bs , Bs.
T Sole Proprietors, TIDNAN SON, 10, Wormwood-street,
London, L.C. Sold by all Chemists.

ItOPAL FREE HOSPITAL, Gray's-inn-road,
in the immediate vicinity of the Great Northern Bail-
Way Terminus, at King's-cross.
Patron—The QUEEN.
PresTirdeeanstuTeTrlleil, Duke of BUCCLEUCH, H.G.
Treasurer—Edward Masterman, Esq.
This was the first hospital to introduce the principle of free
rneliesrs,l3,onieftot,rTe destitutef sick, without the and instanate,a,(l
for-
mality of
tution in its most pitiable tOr tis entirely devoted to desti-
puled by sickness and disZ—viz'. that which is aceom-
magnitude that, with adequatee, and is now of sufficient
',port, it may be rendered
capable of admitting into its ward'suadiery large proportion of
e flt requires but the
the casual sick of this great metro
funds in order to have 500 bedspaavtliienla!a w
k. 0 reception
oroef,
these the most wretched of our fellow-
sCreaoTeethein
it gratuitously affords medical advice and mueir. Moreover,
on the average, than 3,000 out-
The Weekly Board feel it their Imperative duty to make.„
B
EARNEST APPEAL to the public for continued
u,-,,,,...t—
-to enable them to admit and relieve the distressing' cased that
daily present themselves.
Contributions arc received by the Treasurer, Edward
Masierman, Esq.' Nicholas-lane; also by Messrs. Coutts and
Co. ; Drummond and Co. ; Berries and Co. ; Ransom and
Co. ; Prescott, Grote, and Co.; Smith, Payne, and Co. ; Glyn
and Co. ; *loves Loyd and Co.;Barclay and Co. ; Denison
and Co, ; Iv mauls, Deacon, and Co. ; Overend, Gurney, and
Co. ; Nisbet and Co. ; Messrs. J. Barned and Co., Liverpool
isnd at the Hospital.
STANFORD S, SMITH secretary