The Sun.
London, England, 1862-11-22 00:00:00

BANKERS TN LONDON.
Messrs. Heywood, Kennards, and Co.
Biwaßas.
,7Xessrs. Joshua Hutchinson and Son, 16, Angel-court,
Vgillorton-street, E.C.
' E. F. Satterthwaite, f- 8, Throgmorton-street, E.C.
IjoLondon Offices :-2, Old Broad-street, B.C.
o.lniles (from Salamanca to Meadville) are now open.
u natlea further, to Akron with a connexion at Cleveland,
11611 be ready for traffic during the present month.
be The Railway to Titusville and the Oil Regions has just
Coal oPened, and the branch to Franklin and the great
t„°,4l Pields will be opened in December— completing 300
""I"''s of railway in actual operation.
The Atlantic and Great Weetern Railway commences at
Salamanca, a station on the New York and Erie Railway,
and passing in a westerly direction through the States of
New York, Pennsylvania, and Ohio, forms a connexion
With the Cincinnati, Hami ton, and Dayton Railway, at
_ Dayton, and completes the only uninterrupted line of corn-
ntrnication between New York and St. Louis.
,v The different laws of the States of New York, Permsyl-
allia, an Ohio, through which this Railway runs, render
Zlopiratedisation necessary, but practically the Atlan-
4rand Great Western is one line. The several Corporta-
gave eoluolidated their interests, making each jointly
visieverally responsible for alt.
as e receiPts of several railways, parts of the same system
-TthheeArt..l,n..ittiea
ilia:a Great "Western' are—
TheThte...'"
Weetern,
Mile per Week £65
62
pew York Central ******
P )9 91
la
93
The ;!;thsylvania Central ,, n
The '4!te Shore ***
~ ~ 52
Dayton Cincinnati, lHamilton and
•
48
stheßeceipts********
i,
alreed of the Atlantic and Great Western are
average £2O per mile weekly, and will no doubt reach the
140,1 rs.te Of the old lines. The interest. on all its Ist
4s g9ge /3
a wee, onda will be covered by nett receipts of £6 per
As r 11'9'.
•,„.., P ovations for Interest and Sinking Fund, the Directors
tankers
to pay toloaattkeera, over to Messrs. Brown Brothers and Co.,tn
d f°,l New York, to be remitted to the Trusteees,l.
eiettt 'ue first nett receipts of the Railway until a uffi end for tier is accumulated for each half- yearly payment;
Siek: 'tie same purpose of security for both Dividen =no! Ra e -8. 1111 d, the Directors have also entered into an e
direettnent to
d,
Pay to Messrs. Brown Brothers and Co., teipta'fLe subsidy from the Erie Railway on the gross re:
tie rota freight and passengers brought from the Atlan
~,ft‘n.a Great Western Railway.
vaillte Directors believe that by the creation of these Trusts
rate 3,Naging to pay the Coupons in London, a
1,000 a',o• to the dollar (or £l4 per annum on each Bond of
holdermiolars, or £225), they have provided for the Bond-
elsew."...eeclarity as perfect as any Railway in. England or
Ile •••• pi tan give.
thalitlieiiiac4,"._Stelziece and d
revenue, Great Western Railway has several
tb:Lmore
aunicient to
1. The -i„ , provide funandsyfeoßreitsefbwonhdicehd willdeb
2. T 'tie Railway Bonus.
Thehe Petroleum Traffic.
3' Coal and Cantle Traffic.
4. Bread
stuffs and the general Goods and Passenger
1,, , Trafac.
tlle AV°4ole authorised issues of Ist Mortgage Bonds of
main and Great Western Railway, secured on the.
4,2:51 line, ja
£1,687,600, or about £4,500 per mile ; of this
been' ,000, secured primarily on the New York Division, has
I;ra issued, It is now proposed to place £562,500
,"'O,OOO dollen), and no further issue will be made for
3'3lears. The Share Capital is 7,750,000 dollars.
The terms of issue are as follows :
5
10 per cent. on application.
~ on allotment.
15 ~ 16th January, 1863.
20 ~ 16th February, 1863.
20 „ 16th March, 1863.
i,,lxbscribers have the option of paying the instalments
le—Zb;.44lvduce, and will be allowed a discount of 5 per cent.
llttra on such repayments ; but in default of due payta-
v," of the respective instalments all previous payments
after
be liable to forfeitur.e.
fter
,allotment scrip certificates will be issued to
t, bearer
These certificates will be exchanged for bonds
tit3re ' bee•r°r" on payment of the final instalment. Coupons
at &tached to the bonds, payable in April and October,
of 48.688r0. Heywood and Co., Bankers, at the fixed
,rate
to, Per dollar in London ; or may be seat to New t.ork
registellection, at the option of the holder. Bonds will be
ipr, red at the London Office if required withouttcheara
ettlee'r'.." 'the With co.nia-^c n"---" ui
11
°l' at tTbeithi-, wi ems, o.,linay be obtained of the Brokers ;
Lome ces of the Company, No. 2, Old Broad-street,
2, ,311' .0.
4 /1"d-street, London, E.C., October, 1862.
ATIANr -......_
-.1-0 AND GREAT WESTERN RAILWAY.
To be forwardedk'RNl OF APPLICATION.
to the Brokers after payment of the preli-,
.T, raillery De
To the ...°' --- posit to the Bankers.
tlalltic and Great Western Railway Company.
5ir,....b. . O. 2, Old Broad. street, London, E.C.
" 44avillg paid to
IMeasra. Heywood and Co. the sum
me 4
, hereby request that you will allot
2:gttoWes_ty
Eitailer to value Bonds of the Atlantic and
:lid or s„111 -a,"waY, and I hereby agree to accept such
mount t
When allotted, the further slim of £lohet p-neiraycebnet .a lioentlet the same
otted,
eto me,