The Sun.
London, England, 1863-08-05 00:00:00

RENTEMBER, WE SUP AT EVANS
EVERY EVENING NEXT WEEK aft.r Alfred
kellon's Promenade Concerts.

EA.—VACkNCIES for MIDSHIPMEN ant]
in a first-class London shipping firm
Premium modcrate. Al-o apprentices without premium.—
pply to SIMMONDS and Co., 28, St. Mary-at-hill, East-
cheap, E.C. Third Officers and Stewards wanted.

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 pro,,erty, should apply
for redress and c3mpensat on 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
M
COPANY (Limitd).
Capital £230,000, in 11,500 Shares of £2O each. Deposit on
application 10s. per Share, and Li 10s. on Allotment. The
calls not to exceed £5 per share during the first three months.
and no further calls to be made payable at shorter intervals
than Three Months. In, the event of no Allotment being
made, all Deposi s 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 ri,itt to elect two-thirds of the Directors of
the Company durin the first seven years.
TheeTh amount expended in these works. exceeds £340,000.
purchase-money, to be paid by inotalments. is £160,0J0 ;
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.. 50,000

Leaving Net Capital to be raised .Zl5( ,000
13"13vv::rds of 4,000 Shares have alrendy been taken,
amounting to BO,OOO

Leaving 3,500 Shares now to be taken, amounting to £70,000

DIRECTORS.
Charles Buck, Esq. (R. Buck and Co.), 1, Crosby-square,
Theodore Erich, Esq., (F. Steigerwald), 77, Newgate-street,
London, and Munich.
'William Fowler, Esq., Sheepbridge Iron Works, near Ches-

t.rfield.
John Hed'ey, Esq., her Majesty's Inspector of Works, Derby.
Adolph Knapp, Esq. (Loeder, Knapp, and Co.), 1, New Broad-

street.
Edwat d Nehse, E-q., Neustadt
Charles Phelps, Esq., 3, Rood-lane.
James Taylor, Esq. (James Taylor alid, Co.), 13, Fenehurch-
buildings.

SOLICI7,ORs.
Messrs. Hargrove, Fow;er, and Blunt, 3, Victoria-street,
W...stminster.

BANKERS.
The Consolidated Bank, 4, Lombard-street, London,
and Manchester.
AUDITORS.
Messrs. Chadwick, Walford, and Adamson, 27, Great George-
street, Westminster, and 75, King-street, Manchester.
Temporary Ofaces-27, Birchin-lane.

This Company is established for purchasing and working
the celebrated Iron Works, situate at Neustadt, on the
lianover and Bremen R.ilway.
These important works, well known in Germany for the
production of Charcoal Iron, were established in 1856-58, at a
cast ex eedinz £340,000.

According to a report by John Hedley, Esq., of Derby, one
of H.M.'s Inspectors of Mines (which report may be seen at
the Office), the works consist of two blast furnaces— 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, &c., 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 tweety-five families.
The buildings Are 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 ot iron ore belonging to the works is practi-
cally inexhaustible ; it is of very pure quality, of the s
ame
composition as the clay band of the coal measures, and con-
tains from forty-two t, forty-four percent. of iron according
to the analysis of Dr. Percy, of the Government School of
Mines in London. As this mass of ore lies open to the day
it is worked without the expense of sinking shafts, pump-
ing, &c.
The 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 mar'afactured.
The extensive forests in the neighbourhood, a.lid an inex-
haustible deposit of peat from 2u to 30 feet in thickness—
which is prepared at the works—supply tte requisite fuel at
a cheap rate.
Coke is supplied by neighbocrin^i collieries, of a quality
equal to the best North of Englane, coke, with which superior
Iron for casting purposes can be. made, and for which there is
an extens ve demand througtrout Germany, at a price which
Will leave a large profi'.
The Iron made at thes,e works is adapted for the manufac-
ture of first-class plat-,..5, bars, tyres, and steel ; and from the
tenacious and ducti.; e character of some of the mixtures, supe-
rior armour plat ::s for > hips can be manufactured.
For the catv'eyance of fuel ,nd products of the works the
property 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, .ad thus wito all parts of Germany.
The works are erected upon about fifty acres (65 MorgenN
of freehold land, and there is also a copyhold farm of 172
Morgen (about 130 acres) on which the Iron ore is worked
under concession, comprising also a farm house and home-
stead for the tenant.
Six hundred and fifty tons of Puddle Iron and about
twenty mill, on pieces cf dried peat remain upon the property,
and will be included in the purchase.
In consequence of the excessive outlay made by the Com-
pany who established the works, together with the mercan-
tile depression at that period, financial difficulties brought
them to a stand. The whole is now offered at a very low
price of £l6o,ooo—being less than half the original cost.
The Company, now purchasing the Works, may at once
commence business, avoiding the delays necessarily attendant
on the first erection of works of such magnitude, and there-
fore with a prospect of an early dividend.
An experienced resident Manager will be sent from Eng-
land.
Upon this total capital of £230,000, with the extensions
proposed, Mr. Iledley, after carefully estimating the cost of
lirodultion, and on the supposition that the present high
protective duties of the Zollvere in on foreign iron are repealed
(which is not expected for years to come) shows a clear profit
of upwards of 20 per cent. With the first issue of 7,500 shares,
representing a capital of £150,000, the works can be started to
produce 1,200 tons of bars, and 4,500 tons of plates annually;
and after paying int,rest at the rate of 5 per cent on the
inortg,age of £50,000, a dividend of 11 per cent. may be realised.
There is also a considerable item of profit in re-rolling rails
of the G.rman and Austrian railways, which at present are
sent to the Westphalian Iron Works, w.tft a carriage of 300
miles beyond Neustadt.
The additional furnaces for manufacturing coke iron, re-
commended by Mr. Medley, and for which the unissued shares
will be called, will be postponed for the present.
The prospective reduction in the cost ot ore to ss. per ton,
when the line from Ringleheim to Hildesheim is constructed,
and the mixture of coke iron, will add about £6,000 annually
to the profits.
Prospectuses and forms of application may be had at the
Temporary Offices, and of the Brokers, Solicitors, and Bankers
of the Company.

---
FORM OF APPLICATION FOR SHARES.
To the Directors of the Neustadt Charcoal Iron Company
Gentlemen,—Having (Limited).padt your Bankers the sum of
£ , being the deposit of ios. per share on shares in the above Company, I hereby request that you will
allot me that number, and I hereby agree to 8:-tept such
shares, or any lesser number that may be allotte:a to me ;and
I further request that my name may be placed on the Register
of Shareholders for the my name
so allotted.
Name in full ..
Residence „.
Profes.io-o or Business
Date ,_
GU

ARDIAN FIRT_. AND LIFE ASSURANCE
COMPANY,
tro. 11, L'ambard-street,'London, E.C.
Established 1821.
Se.bscribed Capital, Two Millions.
DIRECTORS.
Sir MINTO FARQUHAR, Bart., M.P., Chairman.
CHARLES WILLIAM CCRTIS, Esq., Deputy Chairman.
Henry Hulse Berens, Esq., John Labouchere, Esq.
'Henry Bonham Carter, Esq. G. Shtr.v Lefevre, Esq. Charles F. Devas, Esq. John Martin, Esq.
SiFrancis Hart Dyke, Esq. Rowland Mitchell, Esq.
r Walter R. Farquhar, Bart. I James Morris, Esq.
ames Goodson, Esq. IHenry Norman, Esq.
Thomson Hankev, Esq., M.P Henryl R. Reynolds, Esq.
G. Hubbard, Esq., MX. Abraham J. Robarts, Esq.
Predk. H. Janson, Esq. Henry Vigne, Esq.
AUDITORS.
Lewis Loyd, Esq. I Henry Sykes Thornton, Esq.
Cornelius Paine, jun., Esq. I Noel Whiting, Esq.
Thos.Tallemach, Esq., Secretary I Saml. Brown, Esq., Actuary

LIFE DEPART3IENT.—UNDER THE PROVISIONS OP AN
•ACT or PARLImENT, this Company now offers to new In-
Divisions ,urers Ercsurr PER CENT, of the Profits, at Quinquennial
Profits ,or a Low Rate of Premium without participation of
amoSince the establishment of the Company in 1821, the
unt of Profits allotted to the Assured has exceeded in
value .£BBO,OOO, which represents equivalent Reversionary
Bonuses of £1,058,000.
After the Division of Profits at Christmas, 1859, the Life
A asurances in force, with existing Bonuses ,
amounted to upwards of £4,730,000, the Income from thethereon Life
Branch £207,000 per annum, and the Life Assurance Fund,
Independent of the capital, exceeded £1,818,000.
LOCAL MILITIA and VOLUNTEER CORPS.--No
Extra Premium is required for service therein.
LOANS granted on Life Policies to the extent of their
values, if such value be not less than X5O.
ASSIGNMENTS OF POLICIES.—Written Notices of, re-
eeived and registered.
MEDICAL FEES paid by the Company, and no charge
'or Policy Stamps.
FIRE DEPARTMENT.—Insurances are effected upon
every description of property at moderate rates.
Losses caused by Explosion of Gas are admitted by this
Company.

A. 1720•
la, °YAL72,' EXCHANGE ASSURANCE
(Established b CORPORATION
you s_ Y -Charter of his Majesty George the First)
,-144.!•_ FIRE,s_ LIFE, AND ANNUITIES.
`-'''ne , Royal Exchange, London.
OCTANTnch Office, 29, Pall-mall.
GEnnGt " WIGR
Sir Jot", ~;‘,Anats B AM, Esq., Governor.
ITenry Bainbrid,e I'
11ENity TELLY, Bart.,
Esq., Sub-Governor.
zirt'zYcloag.., Deputy-Governor.
EarllViim of Leven 'Robert Barclay,'E'sq-sq* Holland
n,
'ohn Garrett Cattle-y. ERe,
Mark Currie Close, le CI - ---i.and Melville.
William Davidson', Egso. Chas. Jno Magnin E
nenr
ic_._g, sq.
Thomas Dent, Esq. ' The e
,ton 1/4on, Esq.
Alexander Druce, Esq Charlie. p‘celine W. Percy.
Fredk. Jos. Edlmann, Es Robinson,tt Es
q Samuel Leo Esq.
Riversdale W. Grentell 14: f; Eric caSchuster, Esq.
i obt. Amadeus Heath, Esq. williarn=7, -.ton Smith, Esq.
Wm. Tetlow Hibbert, Esq. '
leseh se_?_ttsaukEs sq.
Jas. Stewart Hodgson, Esq. Ilan, me
BY
Wall'aee,ct eV).
Medical Referee, S.kattria. Sot. -aring
Young' Esq.
NOTICE.— file usual fifteen days aLltiro_. Escl*; P.R.&
FIRE PREMIUMS falling due at Miors ed
-or Yment of
on 9th July. unatner Will expire
FIRE and LIFE ASSURANCE may be y effected Corporation on advantageous termsS . with this
In the Life Department, assurances are zrant
ticipation in Profits, or, at lower Premiums, ed with par-
participation. without such
The Reversionary Bans on British Policies has .„;,
nearly 2 per cent. per annum on the sum assured,- -"raged
Equivalent reductions have been made in the
Five preThaims
i
--
l'ayable by persons who preferred that form ofßonus_
The divisions of Profit take placo every Years.
LifAny sum not exceeding .05,000 may be insured on one
e.
This Corporation affords to the Assured—
Liberal participation in Profits—with exemption from
the liabilities of partnership.
A rate of Bonus equal to the average returns of Mutual
Societies—with the guarantee of a large invested Capital
Stock.
The advantages of modern practice,—with the security
of an Office whose resources have been tested by the ex-
perience of nearly a CENTURY AND A HALF.
, The Corporation have always allowed the Assured to serve
1.?'1 the Militia, Yeomanry, or Volunteer Corps within the
United Kingdom, free of charge.

ROYAL EXCHANGE, LONDON.
ROBT, P. STEELE, Secretary.