The Sun.
London, England, 1865-09-26 00:00:00

BROKERS.

Messrs. J. C. and C. W. Morice, 1, Warnford-court.

SOLICITORS.

Messrs. Tamplin and Tayler, 159, Fenchurch-atreet.

AUDITORS.
Messrs. Lovelock and Harvey.

SECRETARY.
W. Wilson Rowse, Esq.
TEMPORARY OFFICES.
NO. 34, Coleman-street.

PROSPECTUS.

This Company is established to facilitate the investment
of English capital in Australia, and to assist generally in
developing its resources.

Its business will consist chiefly in making advane's to the
pastoral tenants of the Crown lands and others, and by
taking security on their stations, stock, freehold land, and
wool, in accordance with the ilortgage and Lien Acts of the
Col nial ,Legislatures; in acting as agents for the sale of
wool and other produce in Australia, or for its shipment to
England; in effecting the sale of stations and stock ; and in
conducting a Financial and General Agency business.
The Company, therefore, will advance capital only when
fully secured, and do not intend to enter into any trantae-
ti na involvinir a risk on their own account.

Operations will be commenced by taking over the business
of'-Messrs. J. H. Clonih and Co., of Melbourne, which has
been 'stablished upwards of ten years, and which shows
an average profit per annum for the last six years as fol-
lows:

From June, 1E53, to June, lEGI, six years.
Commissions Trade expenses P ofit. Average Profit
earned. paid. per annum.
£232,671 13 6 £32,944 i 8 8..£19J,730 14 10 or £33,2t8 9 1
Th se profits have been realised principally by commissions
on advances and sales of wool, stock, and stations.
• The extensive connexion with the producers thus acquired
Will form the basis of t le Company's operations ; the returns
of the business show, as above, an average profit during the
last six years of upwards of thirty thousand pounds per
annum, and the facilities for the extension of the business,
to be afforded by the introduction of augmented capi•al and
credit, will enable the Company to realise proportionately
increased profits.
The purchase of the goodwill of the business has been
'Meted on very advantageous terms, the amount to be paid
being less than two years' profits, the whole of which will be
received by the Vendors in Shares, subject to proportionate
reduction should a net profit of £30,000 per annum on a three
years' average not be realised, as stated in the terms of pur-
chase, copy of which, and also of the Articles of Association.
can be seen at the Offices of the Solicitors.

One-half of the amount of the above purchase money will
'be pa'd to the Vendors by six thousand shares (with £5 per
Share paid up), out of the present issue, and the remaining
half in debentures of the Company, to be converted into
Shares of the next issue, such debentures or converted Shares
to beheld by the Board for the purpose of guaranteeing a
dividend of 10 per cent. por annum for three years ; and the
Vendors have also agreed to place their services at the dis-
posal of the Company for the same period to co-operate with
the Manager, who will be appointed by and act under the
direction of the Board in London.
The premises in which the business is at Present carried
on have been purchased by the Company`, subject to a valua-
tion ; teey are situated in the principal street in the city of
141 elbourne, in immediate proximity to the terminus of the
Government Victorian Railways ; and for proportions, style,
and convenience, surpass any buildingi for similar purposes
in the Australian colonies. They were erected at a cost of
about £30,000 by the present proprietors, and were especially
!designed for the wool trade, with stowage room for from
15,000 to 20,000 bales, having hydraulic presses, lilts, and all
other necessary appliances.
The business thus secured, and connexion obtained, will
enable the company at once to assume a pos tion, and obtain
results which would otherwise take years to effect.
It is proposed to take powers to borrow money on bonds
or debentures: the difference between the English rate of
borrowing and the high Colonial rates for lending on mort-
gage u ill form an additional source of revenue to the Com-
pany; and powers are also propos- d to be taken to increase,
if required, the capital of the Company.
The prospects of the Company are identified with the pro-
gress or the Australian Colonies, which, without doubt, pre-
sent the most valuable field for the investment of British
Capital now known. The pr..gressive increase in the quan-
tity of wool exported from Victoria alone is seen in the fol-
lowing statement, viz :
_ _

- Pounds.
1'361-2 it amounted to
1862-3 ~
1863-4 .... ......
And that large securities exist on which the capital of the
Company can be profitably employed is shown by the fact
that, al,hough the value of the live stock property of the
rquatters of Victoria it me, estimated from Government re-
turns in 142, was £10,000,000 sterling, yet the registered
amount adva' ced to them on such securities in the same year
Was under £4000.000.
. . . _

Under the Articles of A ssociation, the qnalification for each
Director is fixed at £1,0( 0 at least, to be held by him in his
own right in the Shares of the Company.
The success of the Vendors, their confl f ~nce in the prospects
of the Company, evidenced by their w llingness to accept the
Purchase money of the goodwill of the business in Shares,
and by giving the material guarantee above-named, and the
Wide scope for profitable employment of capital, justify the
Directors in recommending this undertaking as an invest-
ment of the most satisfactory kind, especially as the liability,
risk, delay, and competition, which the establishment of a
new business involves will be avoided, and the operations
will be increased by a Company, the capital and credit of
Which will form a guarantee for all additional business en-
trusted to it. _ _

iiiiieloiination of this Company no promotion fees will
be paid.
Prospectuses and Forms of Application for Shares may be
had at the Bankers, Brokers, Solicitors, or at the Officers of
the Company.
A pplications for Shares must be accompanied by a deposit
of £1 per Share t In the event of no allotment the money will
be returned in full ; if a less number is allotted than is applied
for, the surplus amount paid on application will be applied
towards the payment of the £1 due on allotment, and the
balance, it any, returned.

APPLICATION FOR SHARES."
To the Directors of the London and Australian Agency
Company (Limited).

Gentlemen.
• Raving paid to your Bank-ifs-the sum of z
a_dtposlt of £1 per Share on, , Share in the above
.;.3mpany, I request that youiwill allot me that number, and
agree to accept such Share ig 'or any number youlnay allot
.0 me ; and I further agree' to pay the the sum of £1 per
Share on allotment, and also to sign the Articles of Asso-
:ilalon when required, and I hereby authorise you to
Insert my name on the Register of Sharehdders for the
"umber of Shares so allotted
Usual signature
Name in full.
Residence .....
Profession
Date

itoyAL FREE HOSPIPIL, Gray's-inn-road,
in the immediate vicinity of the Great Northern Rail-
way Terminus, King's-cross.
it This Hospital, f ounded in the year 1828, the first to estab-
i4o the principle of free admission to the sick poor, without
peen delay and difficulty of Governors' orders, is wholly de-
dent for support on voluntary contributions and I.t4a"!ICS.
it aff.rds relief to a large number of in-patients, and, in
ladition to this, the average number of attendance of the
destitute sick has for a considerable period averaged between
6 ep,9 and 4,000 weekly.
bt4 ne Committee earnestly solicit the ASSISTANCE of the
eortr eolent, as the premises of this Hospital are 'capable of
the several hundred more beds, had the Committee
equisite muds to maintain them.
tcrutributions are received by the Treasurer. Edwarct Mas •
A ruininan,„' Esq., Nicholas-lane; also by Messrs. Coutts and Co.;
atm and Co. ; Glyn and Co. ; Herrics and Co. ; Ransom
; Prescott Grote, and Co.; Smith, Payne, and Co.;
ney'Vlan`Nisbet lliamsDeacon, and Co.; Overend; Our-
in„,u Coo• and Coo- , Berners-street ; Barned and
—"N "P 00) ; and at the Hospital. from 10 till 5.
STANFOUD SUITU, Secretary.

SAILORS' ORPHAN GIRLS' SCHOOL and
11011 E, Hampstead. Offices, 77, Cornhill.
PATRoN—The QUEEN.
TRUSTEES.

Capt the Hon. Francis Maude, 1 The Rev. Canon Chanyneys
R.lsl 1 Thomas Baring, Esq., M.P.

TREASURERS.
It. C. L. Bevan, Esq. I Robert Hanbury, Esq.
This Institution is designed to supply a great national
want, viz., an asylum for the orphan daughters of sailors in
the Royal Navy and Merchants Service and of Marines.
It clothes, maintains, and educates them for domestic
service, and provides a home free of expense for former
inmates while out of situations, thus shielding them from the
temptations they might otherwise be exposed to.
The 'Committee earnestly APPEAL •for CONTRIBU-
TIONS to meet the increasing applications through the
recent storms and loss of life at sea, and o enable them
eventually to obtain premises more commensurate with the
necessities of this great maritime country, which loses 2,000
sailors annually by casualties alone, without including those
who may perish by war.
Subscriptions thankfully mew by the bankers, Messrs
Barclay, Bevan, and Co., Lombard-street, and by the Secre-
tary, at the Offices, No. 77, Cornhill.
R. SWEETTNG, Hon. Brio,
CELAIILa HASH, S.