The Sun.
London, England, 1865-02-23 00:00:00

BROKERS,

Messrs. Laurence, Son, anaFetiiCe, 7, Angel-court, Thro
morton-street E.C.

Messrs. Field, Son, and Wcod, 9, Warnford-court, Throg.
morton-street, E.C.

SECRETARY (pro tern.)
Alfred Lowe, Esq.
TEMPORARY OFFICES-17 and 18, Cornhlll.

This powerful Company has been formed for I he pus rose of
acquiring, consolidating, and developing the enterprises
known as " The China and Japan Steam Navigation Com-
pany," and "The Labuan Coal Company.'
The object of the former company was to supply the much
felt need of steam navigation in the China waters, and the
latter company was formed to work the coal mines hipLabuan
and Borneo, and so supply the whole of the Government and
mere intile marine in the East with steam fuel. It has been
found, however, that from the fact of those companies having
been formed with too small a capital, and on too limited a
basis, the requirements both as to supply of vessels and a. so
the further development of the coal mines cannot be ade-
q ,ately met. It has therefore been cont.idered advisable to
merge the two undertakings, and to make one large Com-
pany, with sufficient means and influence to develop the
valuable business of both the old companies, and in accord-
ance therewith arrangements have been made for tee imme-
diate transfer by them of their respective fleet and collieries,
together with the goodwill and valuable plant.
This Company will therefore immediately acquire the
powerful trading steamers Elein, Mona, and Sterling, and
steamtugs Titan, Vulcan, and Tienchang, already well known
and profitably employed in China; and the sailing-ship
Andromeda, a frigate of 2,000 tons burden, admirably adapted
for a coaling hulk.
In nevelopino'the shipping operations of the Company, in
addition to the building of tracing and collier steamer, spe-
cial attention will be paid to the construction of tug steamers
adapted to the ever-increasi g inland traffic of the great
China rivers, where the demand for such shipping is constant.
It also pro.,osed to establisa a line of steamers between
Bombay, Singapore, and Hong Kong.
This company will also at once enter on all the rights of
the Labuan Coal Company, in Labuan and Borneo, and all
their pits, plant, buildings, and stook of coal in the former
island, and take over their valuable contracts with her Ma-
jesty's Government._ _ _

The Labuan coal has been contracted for extensively by
the Admiralty, and will actually be the Standard steam Coal
for the Navy in the ('hina waters, and elsewhere in the East,
as well as extensively used by the leading Steam Shipping
Companies, when the arrangements contemplated tor storage,
rapid loading at Labuan, and delivery at the different Go-
v- roment stations in the East shall have b.en completed,
the present means of production and delivery being totally
inadequate to meet the constantly increasing demand.
The Resident Manager of the Labuan Coal Company, in a
late report states that the work now completed upon a field
of coal to the extent of above a million of tons, and tnat anew
pit—the preparations for the sinking of which has been com-
menced, and the machinery for which is on the spot—will
quadruple the quantity available for working. or four millions
of tons, the further quantity to be obtainad being practically
inexhaustible.

Immediate steps, therefore, will be taken to open this pot
and others, and to connect the mines with the harbour or
Victoria, by a mineral tram railroad of about seven miles in
length, In Port Victoria, ships drawing 20 feet of water can
lie close along shore, and every facility is offered for their
being economically and rapidly loaded by the erection of coal
shoots. Coal hulks will also be established in the leading
ports of India and China. By these means the Company will
be able to meet the demand for steam fuel at highly remune-
rative rates, in addition to supplying their own fleet with the
necessary coal.

resent Price of Coal in China : The present price at Hong
Kong for coal, equal in quality to that of Labuan, is 455. per
ton, and that price is exceptionally low.
rofit : —The probable profit of the undertaking will be seen
by reference to the following figures. Experience has proved
the cost of ra sing toe coal and placing it on board the snip
at Labuan to be ss. to 7e. per ton. Taking the price at Ss. 9d.
per ton, and adding 3s. 3d. for agency, management, &a, the
cost of the coal on bo.rd ship at Labuan would stand the
Company Its. per ton. Allowing for the Company's steamers
a freight of say 15s. a ton, the cost of the Labuan Coal, when
delivered, would be 255. per ton, against 455., the present price
of English ccal equal in qu lity ; and it is estimated that
when the Company is fairly at work, it could easily raise and
dispose of 100,000 tons of coal annually.
Supposing coal and freight to coat 255. per ton and sold at
455. per ton, there will be a profit of 20s. rer ton, which on
the produce of ICO,OOJ tons only per annum is equal to
00,0 41
Net profit of steamers, say

,000
but calculating that only 50,000 tons are for the fir ,t£l3o year
raised, and that there is only 15s. per ton profit realised
Thereon, there is still, with the profit on the steamers,
£67,0 i per annum, or <8 per cent. on a paid-op capital of
£250,0 0, or, allowing for interest on debentures, above 20
per cent.net for dividend.

The allotment of the Shares will be made on the follow-
ng basis, viz. : _

7,509 Shares partly fully paid-up, and partly with £1) paid
up, will be reserved for allotment to the applicants who are
Shareholders in the existing Companies, of these 6,000 have
already been applied for, and the deposits paid to the ()cm-
; any's Rankers....

000 Shares, with £1 paid, will be allotted to Shareholders

in the Credit Foncier and MObilier of England (Limited).
6,000 Shares, with £4 paid, will be allotted to the general
public, as also such shares (if any) as may not be applied for
in the paid-up form, or by the ibove.
Applications will also be received for 5,060 fully paid-up
Shares, on which dividends for the whole amount paid-up
will be declared.

1,540 Shares will be reserved for allotment in Bombay, ap-
plications for which will be received by Messrs. D. Sassoon
and Co., i'orabay.
The concession, plans, reports, and articles of association
can be inspect-a at the Offices of the Solicitors.
London, 21st February, 1865.

In consequence of the large number of Shares applied for,
no fresh applications will be received, nor can any increase
to the number originally applied for by each applicant be
entertained.

28d pp, cloth, lettered, price 31.,
VEGETABLE COOKERY.—Pastry,
azo.
This volume supplies a want long fel. Cookery books
exist in abundance, but they relate almost exclusively to the
preparation of dishes from animal food. his work is devoted
entirely to the proper looking of veg-etabie., to preserving,
i ickling, the preparation of sauces, soups, beverages, &a, &c.,
and f.rms a complete treatise upon the subject. Vegetables,
fruits, &c., constitute Vt.- half of our daily food: here is an
essay upon the best possible predarttion of this half.
London: F. Pitman, 20, Paternoster-row, E.C.

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CITY SH O W-R OO M
FOR
GLASS AND CIIINA,
117, HOUNDS DITCH.

JDEFRIES and SONS' TABLE GLASS,
t-f • Cut and Engraved, of the choicest designs.
JDEFRIES and SONS' DINNER, DESSERT,
• and Tea Ware, of the newest patterns.
---
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T DEFRIES and SONS' CHANDELIERS,
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MANUFACTORY AND SflOW-ROOMS,
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ROYAL FREE HOSPITAL, Gray's_inn-road
in the immediate vicinity of the Great Northern Rail!
way Terminus, King's-cross.

Patron—Her Most Gracious Majesty the QUEEN.
Vice-Patron—His Royal Highness the Prince of WA LE S, X 4

President—His Grace the Duke of BUCCLEUCH, ILG,
This Hospital, founded in the year 1828, the first to estab-
lish the principle of free admission to the sick poor, without
the delay and difficulty of Governors' orders, is wholly de-
pendent for support on voluntary contributions and legacies.
Contributions are received by the Treasurer, Edward Ku-
terman, Esq., Nicholas-lane; also by Messrs. Coutts and Co.;
Drummond and Co. ; Wayn and Co. ; Herries and Co. ; Ransom
and Co. ; Prescott, Grote, and Co.; Smith, Payne, and Co. ;
Barclay and Co. ; W aflame, Deacon, and Co.; Overend, Gur.
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STANFORD kOLITIL becretary,

-SAUCE.—LEA and PERKINS'
IZCE "TERSII IRE SAUCE.
This deliclou conrihnent, 1 ionouncA by c ,nnoisscurs
• "THE ONLY GOOD S UCE,"
Is prepared solely by LEA. and PEItRINS.
The public are respectfully caTtioned against worthless
imitations, and should see that Lea and i errins' names are
on wrapper, label, bottle, and stopper. .
ASK for LEA and PEItRINS' SAUCE.
So'd wholesale and for export by the Propeetors, Wor-
cester ; Messrs. Crosse and Blackwell; Messrs. Barclay and
Sons, London, ac. &c.; and by Grocers and Oilmen uni-
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ORNAMENTS for the Drawing-room, Library,
tnd Dining-room, oonsisting of a new and eiegant assort-
ment of VASES, Figures, Groups, Candlesticks, Obelisks, Ink-
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Alabas er, Parian, Marble, Bronze, Derbyshire Spar, &c.
Imported and manufactured by JAMES TENNANT, Mine•
ralogist to her 1184esty, 139, Stand, W.C., Lonaon.
Mr. Tennant arranges elementary collections of SHELLS,
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PRACTICAL INSTRUCTION in GEOLOGY and MINE.
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BED -ROOM CANDLES.
,RICE'S CANDLES, which will not drop
grease when corried,•'_Thin, very hard candles
sold in boxes is. and 3s. each, are recommendei as the best
carriers.

" EXTRA HARD 5.12 CHAMBER CANDLES,"
sold in boxes 2s. each. Thicker candles intended for those
who will not barn thin.

" SHERWOOD )!CONOMIC BED LIGHTS,"
In packets of 36 candles for one shilling, intended for use
where cheapness is a
great object, will be found an improve-
ment on the ordinary caldles, as they gutter less.
Special candle ticks tofit thin candles, Is. and 25. 6d. each;
reducing sockets, making them fit any candlesticks, 2d. each.
Belmont Glycerine SOR
TOIL SOAPS.
Sherwood Brown Wiudsor Soap, with a pleasant scent.
Camphor and Glycerine Soapfontains tenderrice skins i ycnerine winter.
GLYCERINE. RIRWOODOLE :
Price's Glycerine" may be Cleans gloves and removes
had from any Chemist, in grease and other shins.
cansuled bottles, lettered Perfumed,
in capsuled bot-
h Price's Patent," frou 6d. ties. (id. and ls. each.
upwards. Impure Glycerine
has been sold In the state-
ment that it is "equal to
Prices."
Retail through any Grocer. Wholesale by Price s Patent Candle ComPany(Limited).
London

LAMBERT'S ASTHMATIC BALSAM.-AN
EFFECTUAL REMEDY, without confining the bowels
or affecting the head, truly efficacious and pleasant, is ad-
mitted to be the best medicine for immediately relieving
coughs, colds, confirmed cases of asthma, and incipient con-
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tz. effects are truly beneficial. Persons deprived of sleep, or
even lying down for fear of suffocation, may depend on relief
in a few minutes after taking it. Prepared onLy and sold by
W. LAMBERT, Chemist. 8, King-Wdliam-street, Charing-
cross, London, and by all druggists, in bottles, 131 d., and
three quantities in one, 2s. 9d. each. Be particular, and ask
for Lambert's Asthmatic Balsam. The name and address are
engraved on the stamp.

pR IZ E ME D A L.—INTERNATIONAL
EXHIBITION, 1862.
FRANCIS TUCKER & CO., Wax Chandlers, &0.,
To the Queen and the Print* of Wales.
(Established 1720.)
The Jurors' Report on Wax and Church Candles, In 1862,
testifies to the excellence of the quality of Messrs. Tuckers'
manufacture.
A distinguished Dignitary, in a letter addressed to Francis
Tucker and Co., on the subject of
WAX CANDLES with PLATTED WICKS,
says :
" 1 have found them fully equal to the recommendation
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Finest quality, with latted Wicks, patented.. Is. id. per lb.
Ordinary quality •• • • • • .. Is. Od. per lb.
VEGETABLE CANDLES, with a Mixture of Wax.
Best quality .. • • •• • • .. is. sd. per lb
Second quality •• •• •• • • • . is. 3d. per lb.
Third quality .. • • • • • • .. is. id. per lb.
Carriage paid in London on Orders of Five Pounds in value.
FRANCIS TUCKER AND CO.,
South Molten-street, Grosvenor-square. Manufaotory—
Kensington (Established 1730).
The largest Establishment in England itz the Manufacture
of Wax Candles for the use of the Altar.

SAILORS' ORPHAN GIRLS' SCHOOL and
.11E, Hampstead. Offices, 77, Cornhill.
PATRON —The QUEEN.
TRUSTEES.
Capt the Hon. Francis Mande, I The Rev. Canon 1 hamppe_ys
It. N. Thomas Baring, Esq., MP.
TREASURERS.
R. C. L. Bevan, Esq. I Robert Millbury, Esq.
This Institution is deslgned to supply a great national
want, viz., an asylum for the orphan daughters of sailors in
the Royal Navy and MerOants Service and of Marines.
It clothes, maintains, and educates them for domestic
service, and provides a home free .if expense for former
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The Committee earnestly APPEAL for CONTRIBU-
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Subscriptions thankfully received by the bankers, Messrs.
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R. SWEETING, Hon. Sao,
CHARLES NASH, Sec.

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TOO PH-PASTII is greatly superior to any tooth
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