The Sun.
London, England, 1863-11-05 00:00:00

DIRECTORS.

(Holderness and Chilton), Chairman of
esociation, Liverpool.
Tliiiol e sash
imC,,hoiwttnoenr, sEAscl.
Esq. (Dirom, Davidson, and Co.), Director of
ai)tliorn°aml'Bank of Liverpool.
It°AvtihbaceirANtm James.l4:ernie, Esq. (Feline Brothers and Co.), Direc-
tor of the British and American Exchange Banking Cor-
poration, Liverpool.
Thomas Bernard Gunsten, Esq. (Gunston, Wilson, and Co.),
Liverpool.
Edwin Haigh, Esq. (Thomas lialot and Co.), Liverpool.
Edward Lawrence, Esq. (Edward Lawrence and Co.), Direc-
tor of the British and Foreign Marine Insurance Company,
Liverpool.
HL
on darvey
on. Lewis, Esq, M.p., Director of the National Bank,
Joseph Neale M`Kenna, Es
London. q., Director of the National Bank,
Robert Maxwell, Esq. (A., F., and R. Maxwell), Director of
the North British and Mercantile Insurance Company,
Liverpool.
Andrew .11Ialcolmtnn, 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. (11. T. Wilson, and Chambers),
Deputy Chairman of the British and Foreign Marine In-
surance Company, Liverpool.
13 NNKERS.
Ireland ..
London.. ....The National Bank, Old Broad street.
..... The Branches of the National Bank.
31anchester....The Bank of England.
Liverpool ....The National Bank of Liverpool.

BROILERS.
L0nd0n........ J. acd J. Whitehead, 8, Moorgate-atreet
Manchester.. -Thomas Warner, Esq., 9, Stamp-office Build-
ings, Cross-street.
Liverpool .... Thomas Tinley and Sons, 44, Brown's-
Dublin ....—..Edward Fogsx, Esq., 51, Dame-street.
SOLICITORS.
London ........ Flux and Arg-les, 9, Mincing-lane.
Liverpool ....Fletcher and Hull, 6, Cook-street.
SUPERINTENDING ENGINEER AND NAVAL ARCHITECT.
John Jordan, Esq., late Chief Surveyor to the
Underwriters' Registry of Iron Ships.
GENERAL XINAGER—W. B. Macalister, Esq.

SECRETARY.
Joseph Treffry, Esq.
TEMPORARY OFFICES.
Liverpool
10nd0n.........1, Throgmorton-street
. • ..Commercial-buildings, 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
en ding June, 1863, increased to 756,420 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, owing to the improve-
ments fu marine engines, economy 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
owners, but, owing to the advantages which they afford to
aa
owners,
they have, in these trades, almost entirely displaced
iiing vessels.
For some years the carrying trade out of Liverpoolhas been
gradually undergoing a change. In the Amer.can 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 le.rg,e number ot intermediate and steerage passengers beng
stag conveyed by sailing vessels.
In the important branches of the American import trade, '
Viz., those of grain, flour, and provisions, the lose annually
sustained by heating Curing. the protr .cted voyages fre-
of all
ouently made by sailing vessels is so great. that the interest
engaged in these trades will be enlisted in favour of
any scheme for the extension of steam shipping to include
such freight, and there ens be no doubt but that the whole of
the enormous trade in these articles, which in Liverpool
alone amounts annually to 750,000 tons, will fall entirely into
the hands of steam commutes.
The first abject 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 will be able
to carry almost, if not quite, as cheap as sailing vessels,
whilst at the same time, front 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 reopened and have also under their consideration the
wants of' tale 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
meals and passengers with fast and expensive steamers.
The Inman Line has not itbsidy, but nevertheless has been
raiost 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 le-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 ant:rupated, and that the stations may at once he
occupied, p,:ovisional arrangements have been made whereby
three new steamers, of the description indicated, and in all
vespects suitable for the service, have been secured, and con-
tracts have been entered into for the building of others of about
3,500 tons cacti, and it is proposed to commence with a fort-
nightly service each way, to be increased to weekly sailing's
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 Engineer and
Naval Architect the Directors have secured to th a 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
Steam Navigatien Company, whose shares4so paid, are sell-
ing at £7B per share, has out et profits given to its share-
holders 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 smaller than
those this Ccmpauy intend to possess, have reaped like
results.
The Directors have, therefore, every reason to anticipate a
ver ry great success to the undertaking. They are not ingen-
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 remunerative to severe. well-
known private firms engaged in the Mediterranean and other
trades, and hltve 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 morlerate but sufficient horse-power and great carrying
The The introduction of the limited liability principle has en-
ab/cd undertakings of great magnitude like the present to be
co-operation
carried out by joint-stock companies, which may embrace the
f shippers and of others interested, instead of
by private capitalists as heretofore; the result being that
the
ss supporters of this line will become interested in its suc-
ce, and participate in the profits which they assist to earn.
1 or
Applications for shares may be addressed in the annexed
obtain edm to the Directors, and copies of the prospectus may be
at the Temporary Offices of the Company, or at the
offices of' the Brokers and Solicitors, but no application will
!?P.olisidered unless a deposit of £1 per share on the number
of snares applied for has been paid.
P°llll OF APPLICATION FOR SHARES.
To the DirectoTsoobt ethreetzTaianteiodnbayl the Banker
GentleT , (Limited% Steam Navigations. Company
£ ,„e„,i,',l7Tgliaavdempgosiptaoll
ztlopyeroushraßreaonnkers the sum of
shares in
the above CompanY, I hereby request that you will allot me
that number, and I
_gra ee 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 Articles of Associa-
tion when required ; and I request that my name may be
placed on the Register oc Members for the shares so allotted.
Name in full
Residence
Profession or Business ... ......
Date

THE NATIONAL STEAM NAVIGATION
COMPANY (Limited).
NOTICE IS HEREBY GIVEN, That NO APPLICATION
for SHARES in this Company will be RECEIVED atter
~
ATTIRDAY next, the 7th inst.; from Ireland not later
than the 9th inst.

By order,
JOSEPH TREFFRY, Secretary,
Commercial
Offices, 21, Throgmorton-street, London.
s"'ltutuereial Buildings, Water-street, Liverpool,
3rd November, 1863.

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It 0Y A L FREE HOSPITAL, Gray's-inn-road,
Wa_. ti the immediate vicinity of the Great Northern Ran-
) terminus, at King's-cross.
Patron—The QUEEN.
President—The Duke of BUCCLEUCH, K.G.
Treasurer—Edward Masterman, Esq
This was the first vitalhos to introduce te principle of free
and instant admission the dletstitute sick, without the for-
mality of governors' letters. tution in its most pitiable for
',allied by sickness and disemat;7lz.
is entirely devoted to desti-
, that which ia accom-
and is now of sufficient
magnitude that, with adequateeß nport, it may be rendered
capable of admitting into its wardsuaoyery large proportion of
It requires but the
the casual sick of this great inetrop 118.
reception of
funds in order to have 500 beds available for
these the most wretched of our thefellow-creature
it gratuitously affords medical advice and mediaane to more,
on the average, than 3,000 out-patients a week
The Weekly Board feel it their imperative duty to m.b.
EARNEST APPEAL to the publM for continued --on..f.e an
to enable them to admit and relieve the distressing cases—that'
daily present themselves.
Contributions are received by the Treasurer, Edward
Masterman, 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. ; Jones Loyd and Co. ; Barclay and Co. ; Denison
and Co. ; W Tian's, Deacon, and Co. ; Overend, Gurney, and
Co. ; _Nisbet and Co. ; Messrs. J. Barned and Co., Liverpool
and at the iloepitaL
STANFORD S `3.1-Urfi SeCretary