The Sun.
London, England, 1863-08-04 00:00:00

CHEAPEST PASSAGES to all the Colonieq.
PASSAGES guaranteei at CHEAPEST RATES ID
AMERICA, CANATJA, RRITISHWAILUMBIA, AUSTRA-
LIA, NEW ZEALAND. PORT NATAL, the CAPE, &c.,
&c., by Mail ;team and Clipper Sailing Sh:ps weekly from
LONDON, LIVIIRPOOL, and other ports.
Steamers for AMERICA and - 'AN ADA, every few days,
Irom £4 10s. to £5 48., sailing packets £3.
Passengers met at all the Stations and conducted to the
Docks, thereby avoiding much imposition, trouble, and
annoyance. Free Grants of Land obtained and Outfits pro-
vided. Through Tickets issued to all the chief Por in Aus-
tralia and New Zealand, and the Towns and C' sof the
United states and Canada, also to Halifax and S hns.
ti
F5ll particulars, free of charge, upon app ation to
PEARCE and CO„ First Floor, 100, Leadenhall-street, City,
London, or 43, Union-street, Liverpool.
itcff- Parzels and packages collected, shipped, andinvoiced.

NEUSTADT CHARCOAL IRON WORKS
COMPANY (Limited).
Capital Xt230,000, in 11,500 Shares of £2O each. Deposit on
application 10s. per Share, and £1 10s. on Allotment. The
calls not to ex( eed £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 Deposits 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 rh:ht to elect two-thirds of the Directors of
the Company durin- the first seven years.
The amount expended in these works exceeds £310.000.
The purchase-money, to be paid by instalments. is £160,0 ;
and this amount, with £lO,OOO 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 .................... £201,000
Of which a Mortgage may remain at 5 per cent. ot.. 50,000

Leaving Net Capital to be raised .X15L,000
Upwirds of 4,000 Shares have nlready been taken,
80,000
amounting to

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-

terfield.
John Hed!ey, Esq., her Majesty's Inspector of Works, Derby.
Adolph Knapp, Esq. (Loeder, Knapp, and Co.), I, New Broad-

street.
Edward Nehse, Egq., Neustadt
Charics Phelps, Esq., 3, Rood-lane.
James Taylor, Esq. (James Taylor and Co.), 13, Fenchurch-
buildings.

SOLICITOR.
Messrs. Hargrove, Fow;er, and Blunt, 3, Victoria-street,
Westininster.

IsANKERS.
The Consolidated Ilank, 4, Lombard-street, London,
and Manchester.

AUDITORS.
Messrs. Chadwick, Walioid, 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 Neuatadt, on the
Hanover and Bremen lt•iiway. _ .

These important works, well known in Germany for the
production of Charcoal Iron, were established in 1856-58, at a
Cost ex Teding £310,000.
According to a report by John Hedley, Esq., of Derby, one
of ll.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 mill•; with eight pairs of rolls—
shears—lathes, Sze., 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 twenty-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 of iron ore belonging to the works is practi-
cally inexhaustible; it is of very pure quality, of the same
composition as the clay band of the coal measures, and con-
tains from forty-two 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.,. _

The fuel employed being half wood charcoal and half peat,
entirely free from sulphur and phosph rue, 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 prof'
The Iron made at these `works is adapted for the manufac-
ture of first-class plates, pars, tyres, and steel ; and from the
tenacious and ductile character of some of the mixtures, supe-
rior armour plates ,or t hips can be manufactured.
For the c mvev,:mce of fuel ,nd products of the works the
property inelurles eight miles of railway, three feet gauge,
beftides two ,And three quarter miles of main line, branch and
sidings co:ineeting the works w.th the Hanover and Bremen
line, and thus witn 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
31orgen (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 million pieces of 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 £lCo,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. lledley, after carefully estimating the cost of
produltion, 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. Wirtittike first issue of 7,500 shares,
representing a capital of £lso,ooo7the works can be started to
produce 1,200 tons of bars, and 4,500 tons of plates annually ;
and after paying interest 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-roiling rails
of the Gtrman and Austrian railways, which at present are
sent to the Westphalian Iron Works, with 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 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
.-£ (Limited).
Gentlemen,—Having paid to your Bankers the sum of
, being the deposit ot 10s. p on
shares in the above Company, I herebyrequest that you will
allot me that number, and I hereby agree to accept such
shares, or any lesser number that may be allotted to me ; and
I further request that my name may be placed on the Register
of Shareholders for the shares so allotted.
Name in full .
Residence
Profession or Business
Date

GUARDIAN FIRE AND LIFE ASSURANCE
COMPANY,
No. 11, Lombard-street;London, E.C.
Established 1821.
Subscribed Capital, Two Millions.
DIRECTORS.
Sir MINTO FARQUHAR, Bart., M.P., Chairman.
CHARLES WILLIAM CURTIS, Esq., Deputy Chairman.
Henry Hulse Berens, Esq., John Labouchere, Esq.
Henry Bonham Carter, Esq. ; a 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.
James Goodson, Esq. i Henry Norman, Esq.
Thomson Hankey, Esq., M.P Henryl R. Reynolds, Esq.
John 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. I Noel Whiting, Esq.
Thos.Tallemach, Esq., Secretary I Saml. Brown, Esq., Actuary

LIFE DEPA RTMENT.—UNDER TILE PROVISIONS Or AN
ACT OP PARLIAMENT, this Company now offers to new In-
,urers EIGIITY PER CENT. of the Profits, at Quinquennial I
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
eash 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 £1,730,000, 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 1..50.
ASSIGNMENTS OF POLICIES.—Written Notices of, re-
o eived and registered.
MEDICAL FEES paid by the Company, and no charge
or Pulley 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.
It °YAL EXCHANGE ASSURANCE
roa- us by s CharterßFlßE,
o y
aolLf
Excl hisF Eh ANDn Majesty
(Estehlisir,_, , CORPORATION
George the First)
ANNUITIES.
ge, London.
Sir°ECTpAVlT'inSchOflieell,29M, P'
ma'
Falsl-maGIL
Jour; frAl"s BAnotAy ',q"
Y TELLY, Bart., Deputy-Governor.
'Ng
1/cVairinll o°ltii Leven ol l a Holland, Henry Ilainhrid.T. DIRECTORS.
Bobert Barclay,F;sqEBq.
John Garrett Cattle.v R..dEllstiville.
Mark Currie Close, 1:4,----**
William Davidson Esoa.. Chas. nMan in n g,Esq.
Henry Nelson,
Thomas Dent, Esq. ' me fio Esq.
Alexander Druce, Esq Charlesnj°Bce" W.
Percy.
Fredk. Jos. Edlmann,.Eso Samuel 1 Robinson,
Esq.
RiversdaleW. Grenfell, Es q. carrleo ,chuster, Esq.
Pobt. _Amadeus Heath, Esqq. IVilliarn snoiton Smith, Esq.
Wm. Tetlow Hibbert, EF,q." Joseph SomesuEE„„s% p
Jas. Stewart Hodgson, Esq. W
ChiEllsiam
Walface—Y: M.P.
Referee, SA,NtuEL so. Zavri.L.,llg. Youngs, Esq.
NOTICE.— the usual fifteen days Lai -',„„7„.,,8ci*, F.R.S.
FIRE PREMIUMS falling due sit 5111°d--,4 for pa
en vth July. b_
a, payment of
um. er will expire
FIRE and LIFE ASSURANCES rna,,,..
Corporation on advantageous terms, 'ue effected with this
lu the Lite Department, assurances arp -,-anted
fleipation in l'rofits, or, at lower revammawith Par-
participation. without such
The Reversionary B mils on British Policies has avers
nearly 2 ner cent. per annum on the sum assured. veraged
Equivalent reductions have been made in the p,.. ,
Payable_ by persons who preferred that form of lionn,-,:nbums
The divisions of Profit take place every pi„
Years.
AnY gum not exceeding £15,000 may be Insured
Life, on one
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
T the Militia, Yeomanry. or Volunteer Corps within the
United Kingdom, free of charge.
ROYAL EXCHANGE, LONDON.
ROBT. F. STEELE, Secretary,