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

NEWCASTLE-TUESDAY.

A model ate supply of wheat, and the attendance of the
trade was thin. Business was quiet, at the prices of last
week. Other articles were much the same. Around here
harvest prospects are excellent.
Old white wheat ..548 to 60s Old red wheat, to 56s
New do. 49s to 54s I New do. 44s to 48s
Malting barley....37s to 42s I Oats. 23s to As
Grinding d0.....29s to 32s I Beans

-RE MEMBE R, WE SUP AT EVANS
EVERY EVENING NEXT WEEK aft.r Alfred
Promenade Concerts.

kiEA.—VAC kNCIES for T'ITDSHIPMEN end
APPRENTICES in a first-class London shipping firm.
Premium mod,ra.te. Also tpprenti^es without premium.—
Apply to SIMMONDS and Co.. 38, 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 prot,erty, should apply
for redress and compensation at the above Offices ; established
to render prompt assistance to all classes upon the most ad-
Van tageous terms,

•
Advice on application gratis. Letters must be addressed
to "The Manager," enclosing a stamp for reply.

Iimited).NEUSTADT CHARCOAL IRON WORKS
COPANY (
Capital £230,000, in 11, 11,500 Shares of £2O each. Deposit on
application 10s. per Share, and £1 10s. on Allotment. The
calls not to exceed £5 per share duringthe first three months.
'3d 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 cornp,n-
-y will be formed ueder the English law of
Limited Liability.
_ The Articles of Association will secure to the English
Shareholders the riirht to elect two-thirds of the Directors of
five Company durin- the first seven years.
The amount expended in these works exceeds £340,000.
The purchase-money, to be paid by instalments. is £i60,0 ;
and this amount, with £lO,OOO for gradual extension ot the
Works atm working- capital, will, it is estimated, be sufficient
to carry on the undertaking profitably.
£205,000
Total present Capital required
Of which a Mortgage may remain at 5 per cent. ot 50,000

Leaving Net Capital to be raised £15(,000
ITP°"rda of 4,000 Shares have alre.idy 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, Newg,ate.-sireet,
London. and Munich.
bridge Iron Works , near Ches-
-William Fowler, Esq., Sheep
terfleld.
Join Hed'ey, Esq., her Majesty's Inspect(Jr of Works, Derby.
.Adolph Knapp, Esq. (Loeder, Knapp, ar.,d Co.), 1, New Broad..

stfeet.
Edwat d Nehse. E. q..
Neustadt
Chants Phelps, Esq., 3, Rood-1-,,ne,
James Taylor, Esq. (James "I'aylor and Co.), 1.3, Fenchurch-
buildings.

SOLICITORS.
Messrs. Hargrove, F•owler, and Blunt, 3, Victoria-street,
Westminster.
BAN IiaIRS.
The COnSOlidated Bank., 4, Lombard-street, London,
and Manchester.
AUDITORS.
Messrs. Chadwick, Walfotd, and Adamson, 27, Great George-
street, Westminster, and 75, King-street, Manchester.
Temporary Offices-27, Birchin-lane.

This Company is established for purchasing and working
the celebrated Iron Works, situate at Neustadt, on the
Hanover and Bremen R•ilwav,

These important works, well known in Germany for the
production of Charcoal Iron, were established in 1856-58, at a
cost ex ceding £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 with eight pairs of rolls—
shears—lathes, etc., capable, with slight additions, of turning
out annually 5,0 JO 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 fortwe,ty-fiye families.

The buildings ere 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 07
it belonging to the works is practi-
cally inexhaustible ; is of very pure quality, of the s ime
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-
inp•„ &c.
The 1 uel employed being half wood charcoal and half peat,
entirely free from sulphur and phosph rus, plates and all
other descriptions of the finest quality are marufactured.
The extensive forests in the neighbourhood, and an inex-
haustible deposit of peat from 2u 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 ve 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 conveyance of fuel flo:1 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 w,th the Hanover and Bremen
line, and thus with all parts of Germany.
The orks are erected upon aout fty acre (65 orenl
of freehwold land, and there is also fifty
a copyholdsfarmM ofg 172
llorgen (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 £leo,ooo—being less than halt 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. Hedley, alter carefully estimating the cost of
production, and on the supposition that the present high
protective duties of the Zollverein 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
mortgage 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.th a carriage of 300
miles beyond Neustadt.
The additional furnaces for manufacturing coke iron, re-
commended by Mr. Iledley, and for which the unissued shares
will be called, will be postponed for the present.
The prospective reduction in the cost of ore to ss. per ton, when the line from Ringlebeim 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, a•Ati Bankers
of the Company.

---
FOIL M OF APPLICATION FOR sgAREs.
To the Directors of the Neustadt Cho
(Limited). real Iron Company
Gentlemen,—Having paid to
£ , being the deposit of•YrJur Bankers the sum of
les. per share on
shares in the above Comp4nY• -I
hereby request that you will
allot me that number, and I hereby agree to accept such
shares, or any lesser numt,er that maybe allotted to me ; and
I further request that pp; narae may be Dlaced on the Register
of Shareholders for the shares so allotted.
Name in full
Residence
Profession or Business
Date

3UARDLA FIRE AND LIFE ASSURANCE
COMPANY,
No. 11, Lombard-street,'London, E.C.
Established 182 L
Subscribed Capital, Two Millions.
DIRECTORS.
Sir MINTO FARQUHAR, Bait, M.P.; Chairman.
CHARLES WILLIAM CCRTIS, Esq., Deputy Chairman.
Henry Hulse Berens, Esq., John Labouchere, Esq.
-Henry Bonham Carter, Esq. G. Shaw Lefevre, Esq.
Charles F. Devas, Esq. John Martin, Esq.
Francis Hart Dyke, Esq. ' Rowland Mitchell, Esq.
Sir Walter R. Farquhar, Bart. 'James Morris, Esq.
'Tames GooZtson, Esq. Henry Norman, Esq.
Thomson Hankey, Esq., M.P Henry R. Reynolds, Esq.
.Tohn G. Hubbard, Esq., M.P. !Abraham J. Robarts, Esq.
Fredk, H. Janson, Esq. Henry Vigne, Esq.

AUDITORS.
Lewis Loyd, Esq. I Henry Sykes Thornton, Esq.
Cornelius Paine, jun., Esq. Noel Whiting, Esq.
Thos.Tallemach, Esq., Secretary I Saml. Brown, Esq., Actuary

LIFE DEPA RTAIENT.—UNDER THE PROVISIONS OF AN
ACT At.
PARLIAMENT, this Company now offers to new In-
rurert, EIORTY PER CENT. of the Profits, at Quinquennial
Divisions, or a Low Rate of Premium without participation of
Profits.
Since the establishment of the Company In 1821, the
Amount of Profits allotted to the Assured has exceeded in
cash value £660,000, which represents equivalent Reversionary
Bonuses of £1,058,000.
After the Division of Profits at Christmas, 1859, the Life
Assurances in force, with existing Bonuses thereon,
amounted to upwards of £4,730,000, the Income from the Lite
Branch £207,000 per annum, and the Life Assurance Fund,
independent of the capital, exceeded £1,618,000.
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 £5O.
ASSIGNMENTS OF POLICIES.—Written Notices of, re-
ceived and registered.
MEDICAL FEES paid by the Company, and no charge
'or Policy Stamps.
FIRE DEPARTMENT.—lnsurances are effected upon
every description of property at moderate rates.
Losses caused by Explosion of Gas are admitted by this
Company.

A.D. 1720.
ROYAL EXCHANGE ASSURANCE
CORPORATION
(Established by Charter of his Majesty George the First)
Ir°ll, SEA, FIRE, LIFE, AND ANNUITIES.
Offices, Royal Exchange, London.
Branch Office, 29, Pall-mall.
OCTAcom
GtoRG , ,r, ..uS WIGRAM, Esq., Governor.
sir jon....sinitzs BARCLAY, Esq., Sub-Governor.
4 'I nay PELLY, Bart., Deputy-Governor.
Henry Bainbridge DIRECTORS.
I:OherI Barday,lifficiBq. ' Wilmot Holland, Esq.
John Garrett Cattley.. R., Earl of Leven and Melville.
Mark Currie Close, p,sa---,* Chas. Jno. Manning, Esq.
William Davidson, Esq' Henry Nelson, Esq.
Thomas Dent, Esq. ' The Hon. Josceline W. Percy.
Alexander Druce, Esq.
Fivers Jos. Edlmann, Es Charles Robinson, Esq.
Samuel Leo Schuster, Esq.
lElrricamarriinvagutoacen S,:itsht: Esq.
Riversdale W. Greniell, E;
i:obt. Amadeus Heath, Esqq.• William Sohn'', Esq.
Wm. Tetlow Hibbert, Esq.: Joseph Somes, Esq., M.P.
Jas. Stewart Hodgson, E, Lmq
nECihsos. Baring Young, 'sq.
taillYo' 138 q
P.R.S.
Medical Referee,
usual fifteen da
NOTIC
FIRE PR ENIIUMS falling due yast —. wed for payment of
on 9th July. midsummer will expire
FIRE and LIFE ASSURANCES may be effected with this
Corporation on advantageous terms.
"sa,itewdithwioutht suchpar-
n the Life Department, assurances are
ticipation in Profits, or, at lower 1 remium
participation.
es has
The Reversionary Bonus on British Polio'
averaged
I:early. 2 per cent. per annum on the sum assured
preferred that form of the
Equivalent reductions have been made in th p,..„..
1 ayable by persons
Years.
.£l5 000 rim be '
The divisions of Profit take place every Five '
Any sum not exceeding , insured on one
Life.
' fit with ex
• tion in Iro s— exemption from
This Corporation affords to the Assured—
Liberal participation . .
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. ractiee,—with the security
tALestFe by the
.d
The advantages of modern j)
of an Office whose resources have
been .
Ir
ex-
perience of nearly a CENTURY AND A
The Corporation have always a
Corps the
allowed the Assured to serve
in the Militia, Yeomanry, or Volunteer within
United Kingdom, free of charge.
ROYAL EXCHANGE, LONDON.
ROBT, P. STEELE, Secretary.