The Sun.
London, England, 1863-06-11 00:00:00

LIFE DEPARTMENT.
Every facility offe, ed to Insurers.
ISini ty per Cent. of the Profits divided among the Insurers
On the participating principle.
The new Life business 'ran acted in 1862 as follows :
Policies. Am' unt In=ured. Premiums.
1,037 £763,334 £23.641 0 0
Forms of Proposal and every infor nation will be furnished
on application at the

OFFICES :
LONDON 58, Threadneedle-street.
4, New Bank Buildings. Lothbnry.
" West-end Office B, Waterloo-place, Pall-mall.

THE ONLY OFFICE WHOSE BONDS AND POLICIES OF GUA-
RANTEE ARE ACCEPTED BY THE TREASURY, CUSTOMS,
INLAND REVENUE. GENERAL POST OFFICE, VAR, ADMI•
RALTY, HOME, COLONIAL, INDIA, AND OTHER GOVERN-
MENT DEPARTMENTS.

THE EUROPEAN ASSURANCE SOCIETY.
DIRECTORS IN LONDON.
HENRY WICKHAM WICKHAM, Esq., M.P., Chairman,
John Cheetham Esq., Stalybri dge.
John Field, Esq., Warnford Court, City.
Charles Forster Esq., M.P. for
Richard Francis George Esq , Bath.
Henry H. Harrison, Esq., Hamilton-place, St. John's-wood.
Thomas C. Hayward, Esq., Minories and Highbury.
John liedgins, Esq., Cavedish Club.
James Edward M'ronnell, Esq.. Wolverton.
W. Reynolds, Esq.. Eaton-place, Belgravia.
Richard Spooner, Esq, late her Majesty's Commissioner of
Vust,•ms, Bomb
R. Wickham Wickham, Esq., M.P. fa* Bradford.
Thomas Winkworth, Esq , Gresham Club, and Canonbury.
J. P. Bro,n-Westhead, Eaq., M.P. for York.
Security is provided in approved cases for Officers of Bank-
inz and Commercial Establishments, Public Companies,
Municipal Corporations, and for other places of trust.
Life Assurance may be combined with Guarantee on ad-
vantageous terms.
Prospectuses, Forms of Proposal, and every information
may be ob ained from the Chief Offices, 2, Waterloo-place,
Pali-mall, London; and 39, Gtorge-street, Edinburgh.

THE ADELAIDE (NORTH ARM) PORT
AND RAIL WAY EXTENSION AND LAND COM-
PANY, SOUTH AUSTRALIA (Limited).
Capital £400,000, in 20,000 shares of £2O each.
First issue 10,000 shares. Deposit, 10s. per share, and 10s. on
allotment. Calls not to exceed £3, at intervals of not less
than three months.

A portion of the capital reserved for the Colony.
Five per cent, per annum guaranteed during the construction
of the works.
Payments will be received in advance of calls.
DIRECTORS.
George Lathom Browne, Esq. (Director of the Cape Town
Dock and Railway Company), Old Broad-street, London.
Lord Robert Cecil, M.P., 11, Duchess-street, Portland-place,
London, W.
Frederick Doulton, Esq., M.P. (Director of the London and
Colonial Bank), Manor Holm', Dulwich.
John Henry Harrison, Esq. (Messrs. J. H. Harrison and Co.,
Australian Merchants), Gresham-street, London.
W. J. Marshall. Esq. (Messrs. Wilson, Bowles, and Co., Mer-
chants), 9, Mincing-lane, London, E.C.
Ron. Alexander M'Arthur (Messrs. W. and A. M'Arthur,
Australian Merchants), 46, Moorgate-street, London.
George Peacock, Esq., Australian Merchant, 1, Lime-street-
square, London.
Albert Pelly, Esq. (Messrs. A. Pelly and Co., Merchants),
Finch-lane, London, E.C,
Henry Spicer, Esq. (Messrs. E. and H. Spicer, Merchants),
London and Adelaide.

LOCAL BOARD.
Hon. John Baker (late Member of the Legislative Council),
Adelaide.
Hon. George Hawker (Speaker of the Legislative Assembly),
Adelaide
Captain Lipson, R.N. (late Harbour Master), Adelaide.
Ron. Col. O'Halloran (If ember of the Legislative Council),
Adelaide.
Hon. Thos. Reynolds, M.P. (late Chief Secretor
Hon. Abraham ry), Adelaide.
Scott, M.L.C., MerLhant, Adelaide.

BAN RER s.
Messrs. Barclay, Bevan, 1 ritton, and Co., Lombard-street

London. , - - ---,
South Australian Banking Company, Adelaide.
BROKERS.
Messrs. A. Scrutton and Son, 81, Old Broad-street. London,

SOLICITORS.
Messrs. Phillips and Son, 11, Abchurch-lane, London,
SECRETARY—W. H. Payne, Esq.
Offices-36, Old Broad-street, London, E.C.

PROSPECTUS.

I. This company is formed for the purpose of affording
more convenient accommodation for the shipping and cora-
l-nem of the colony of South Australia under the following
circumstances :
11. The colony of South Australia, with its mineral and.
agricultural products, is admittedly rich in all things which
can tend to create an extensive and prosperous trade with
Other countries, and n, thing rpfgards its elevation to the
highest point of commercial prosperity so much as the want
of convenient and sufficient accommodation for the shipping
resortinc, thereto. _ _

111. 'filat portion of the Port of Adelaide to which the
shipping at present resorts is about seven nines irom the city
of that name, and situated at the extremity of an arm of the
sea, which after leaving the point known as the North Arm
be,umes a narrow and tortuous channel, two miles and three
quarters in length, difficult to navigate withou:, grounding,
and except at flood tide and with a favourable wind inacces-
sible to vessels without th expense of a steam-tug ; this ter-
minates in shoal water, where vessels are crowded together,
for the most part aground, subject to all the risks of broken
ribs, broken backs, and conflagration—nor can these disad-
vantages and risks be remedied at the present shipping place,
as the water is shoaling up every year, and with ail the pre-
sent heavy and constant expense incurred in dredging can-
not be sufficiently deepened for vessels to lie afloat. (See
Appendix.)
IV. The serious and important nature of this question has
frequentlyengaged the attention of the Colonial Government
and Parliament, and it may be safely affirmed that the effect
of the testimony of successi e Governors and other authori-
ties, colonists and shipping masters resorting to the port has
down to the present day been condemnatory cf the Present
Shinning place and in favour of the North Arm, as affording
the requisite facilities for accommodating a large amount of
shipping of any class, and of becoming, as originally in-
tended, and still desired, the permanent port for Adelaide.
(See Appendix.)
V. At the North Arm is a magnificent sheet of deep
water land-locked, forming a natural basin of great extent,
with smooth water and of easy navigation for vessels of the
largest burden 1 and the site selected by the Company, unlike
the adjacent land, is elevated above the highest flood, has
deep water in immediate proximity to the shore, and an
abundant supply of fresh water, with a frontage' to the
harbour of over 3,000 feet in length for wharf purposes, and
of over 1,500 laterally, immediately abuiin on the sit
served for Government Graving Docks. g e re-
VI. An advantageous arrangement has been made with
the proprietors of the land required for the purposes of the
Company, by which nearly two-thirds of the purchase-
money will be taken in referred shares, to remain in the
hinds of the directors, on terms securing to the shareholders
a priority of dividend to the extent of 5 per cent., till the
profits yield sufficient to pay that amount of dividend on the
aggregate of the paid-up capital and deferred shares. The
remaining one third is to be paid in cash, at periods favour-
able to the shareholders. The property secured is about 700
acres (extending from the river across Lefevre'e peninsula,
about one mile in breadth to the Gulf Anchorage), to be con-
nected with the western bank by means of a steam floating
bridge, and the Company has also arranged to purchase on
favourable terms additional land on the western bank oppo-
site the site already secured, with a view to bringing both
sides of the harbour within the sphere of the Company's
operations.
VII. It is intended to construct upwards of 2,000 feet of
wharf frontage at once,d where vessels of the largest tonnage
may lay alongside, an
erect wharves, warehouses, and
other conveniences, affordingratmple accommodation to the
shipping resorting to the
Also an extension of two
miles of railway to complete the
the Government, from the city of Adelaide to laid down by
and a short line of four-and-a-half milesaeto
the North Arm,
Station, on the Great North and Murray areer
Dry-Creektawa
thereby effecting a saving of 12 miles of carriage between die
great producing districts and the port of the colony.
VIII. As proving the opening afforded for additional ship
accommodation by the increasing prosperity of the colony, the
commercial returns show that the exports and imports for
the year 1850 amounted to £1,416,389, that of 1860 to £3,423,107,
and that of 1861 to £1,013,195, the wharf dues upon which
amount to upwards of £30,000 per annum.
IX. The frontage of the proposed wharves, extending for
upwards of half a mile, where vessels drawing upwards of 20
feet of water can come alongside at low water, offers such
superior advantages as must obviously secure a large propor-
tion of this business, and thus a very large return to the
shareholders, as by colonial law the wharf dues for all goods
landed are levied according to regulated tariff. Other impor-
tant sources of revenue are supplied by the rental of commo-
dious warehouses inciuded in the estimates, the aggregate
rental of which cannot be estimated at less than £12,000 a
year ; also by the railways, land, and other rentals, which
will accrue from the large population which the operations
of the company will atract to thegir.
X. The coat of the undertakin
the land, the construction of wharves, oesudrili the purchase of
way communica-
tion, and the e •ection of warehouses and other accommoda-
tion above-mentioned, has been carefully revised, and esti-
mated by the late t'aptain hloorsom, C.E., at a sum within
the first issue of the company's capitaL It is also estimated
that the whole of this amount will not be required for two
years. Responsible contractors are prepared to execute the
works within the estimat . Any further capital will only
be raised as the increase of business and the advantage of
the company requires.
XL The proprietors of the land will place in the possession
of the directors securities to pay 5 percent. per annum on the
paid-up capital until the works are so far completed as to en-
able the directors to commence the business of the Company.
XII. The direct us desire to draw attention tothennimd por
taut advanta,, es offered by the present undertaking,rth
deutlY refer-to the map and the official documents set o
con-
fin the
ss for, and the highly
appendix, which embraces the site of the Company's
remunerative establishing the nece
character of, the proposed works.
Prospectuses, with maps and appendixes. can be obtained
tainedat th brokers, solicitors, and of the secretary at h
Com-
pany's offices, 36, Old Broad-street, London, 143. C.

ORII OF APPLICATION FOR
To the Dir&qors of the Adelaide (North Arm
Rail-
way Extension and Land Company, S o
(Limited).
Gentlemen,—Having paid to your bankers, Messrs.
Barclay
Port
tt i
Bevan, anti Co., the sum of £
de (North
will allot me shares of £2O each in the Adele.'
South
Arm) (Limit ailway Extension and Land CompanY, _
, I hereby request. that you
Australia d;a id I hereby agrce to accept suck' shares,
pursuant to the articles a association, or any smaller num-
13er that may he ['dotted to me, and to pay the calls on the
shares allotted. And I request' yon to Mace- my name on the
register of shareholders.
servant, —I a you to ilace my name on the
I a , Gentlemen, obedient

Usual signature
Name in lull .
Address in iul • • •
Date ......... 1."

THE FARMER'S BAROMETER, 50s
new Instrumen-„ by Negretti and Zarabra, wll cor-
rectly indicate whether the Ba, ometer tails for Rain or for
R
W ,indCornhill ; and 122, . Particulars by en gent-stlosingreeat stmp.-1, Hatton-garden ;
57e.

THE best TROUSERS for gentlemen to wear
are those made by f fo, New Bond-street
They are neither so low in ceasepri tr necessitate their being
carelessly put together, nor so
•dear as !o. gain only the
wealthy as purchasers. "In media via tutissimus ibis."
ELSTOB'S TROUSERS, TWENTY-ONE SHILLINGS
PER PAIR.