The Sun.
London, England, 1865-07-22 00:00:00

PROSPECTUS.

The want of a public Steam Company, and a regular lino
between London and the East, is much felt, and there has
been an urgent call for the formation of this Company,
which there is every reason to believe will receive the cor-
dial support and co-operation of a large body of the mer-
chants in the trade:
A provisional contract has been made, by which the Di-
rectors are enabled to secure, on unusually favourable
terms, five new steamers admirably adapted for this trade.
These steamers have been only recently launched, and
hairing been built specially for the Mediterranean trade,
there will be no difficulty in commencing operations at
Once. The purchase money will be paid partly in cash,
and partly in shares of the Company. The following aro
the steamers referred to, viz. _

Tons Horse power
Burthen (nominal).
The King of the Greeks 2,200 300
Count Sponneck 2,200 300
Coumoundouros 1,500 175
The Greek
Eptanissos
150

It is proposed to run a lino of steamers of 2,200 tons
burthen each, and 300 horse power nominal, from London
to Gibraltar, Sicily, Malta, the lonian Islands, and the
principal ports of Greece, Turkey, the Black Sea, the
Islands of the Archipelago, the Coast of Syria, and Egypt.
Competent Agents will be at once appointed in the several
Ports, whom it is proposed to remunerate by a commission
on the freights they secure, in lieu of a fixed salary, there-
by saving the Company from outlay, and stimulating tho
activity of the Agent.
All tho vessels belonging to the Company will be regis-
tered in England, and will sail under the British flag.
Branch steamers of 1,125 tons burthen, and 180 horse
Power nominal, working to 500 horse power combined,
will run, in conjunction with the large steamers, between
all the principal ports of the Mediterranean, and Malta,
Greece, Turkey, Asia Minor, the Coast of Syria, and Egypt;
11'31v 4 the passengers, mails, and goods of those coun-
tries, and performing duties similar to those of the Austrian
Lloyd's and the Messagerie Imperiale, but with far r
aavantages. The exports and imports of London with the
East being considerably larger than those of Trieste or
Marseilles, this intermediate line will serve to bring, by
trans-shipment from several of the smaller towns, the goods
consigned to the mercantile firms in England.
The trans-shipment of all these goods for London will
made at the Piralus, where every facility, advantage,
and accommodation, is promised to the Company by the
Greek Government, the Company being graciously placed
bY order of lI.M. the King of the Greeks under his special
protection.
There are several seaports on the coasts of Greece, and
of Turkey in Europe, and in the islands of the Archipelago
Particularly in Candia, Rhodes, Cyprus, Chic, Samoa, and
IYtilene), as well as the coasts of Asia Minor and Syria,
each of which exports from 150 to 1,000 tons per annum
of dried fruits, dry wood, tobacco, ;wool, cotton, silk, vale-
tin; grain of all kinds, and many other articles. The
Merchants at these ports *ow ship their goods, in the ab-
sence of steam communication, at enormous expense and
In calques or small sailing vessels, and send them to
O.Y,' 'a, Smyrna, Salonica, or Constantinople, to be trans-
shipped and conveyed to England, the greater: part being
brought to Liverpool.
, The London market being the principal ono in the king-
rn, the Anglo-Greek Steam Navigation and Trading
Company (Limited) will advance on the above-mentioned
Products part of their value, and will undertake the con-
signment and sale of the goods in London, at a commission,
/3peurin,,,,,, in this way a good freight for the steamers of this
line, and obviating any detention or delay in the return of
the vessels.
On the other hand, as the merchants in England to whom
Such goods are consigned are generally ordered by the
consigners to buy with the balance of the consigned goods
remaining in their hands, such articles as colonials, metals,
or other goods of English manufacture, and export them
to the aforesaid consignors for consumption in the interior
of the country, the greater part of the outward freight will
bo secured by the goods bought by the Company in this
manner, and their steamers will be thus placed on the most
advantageous terms for the outward cargo.
The import and export trade of Great Britain with
Turkey and Greece during the last five years has assumed
an extraordinary magnitude. It amounts, according to the
Annual Statement of the Trade and Navigation for 1863,
to £12,670,684, whilst in 1859 it was only £7,772,811. The
Principal impediment to the expansion of the trade has
hitherto been found in the want of a direct communication
between the countries ; but, as the establishment of this
Company will supply the deficiency, there can be no doubt
but that a well-organised steam and trading company, with
ample capital, will command the great portion of the trade.
The average freights from the Levant to London since
1806 to the present time, that is to say, during the last
nine years, have boon more than 505. per ton, and the ave-
rage freights outwards more than 355. per ton ; but taking
at the lowest freight of 355. per ton out, and 355. home,
and on a cargo of 2,200 tons weight and measurement, that
the above steamers will carry, will give £7,800
Profit from passengers lOO _

Per voyago
Less estimated expenses

£7,900
3,694

Leaves net profit of £4,206
Taking at least three voyages par year, each steamer
will produce, on the above estimate, a net profit on freight
alone of £12,618, which, on the cost of one of the above
large steamers, amounting to (say) £45,000, is more than
28 per cent. It is therefore clear that if the steamers of
tho above Company perform (as they can easily. do) four
voyages per year instead of three, tho profits will be con-
siderably larger than tho above estimate ; and this is inde-
pendent of the profits that the Company will reap from the
commission business.

In the event of no allotment of shares being made, the
deposit will be returned in full. Should a less number of
shares be allotted than ail) applied for, the deposit will be
made available towards the payment due on allotment, and
the balance, if any, returned to the applicant.
Prospectuses and Forms of Application for Shares may
be made to the Solicitors, the Bankers, Brokers, and to
the Manager, at the Offices of the Company, No. 7, Great
Winchester-street, London.

POEM OF APPLICATION FOR SHARES.
No.
To the Directors of the Anglo-Greek Steam Navigation
and Trading Company (Limited).
£ Gentlemen,—Having paid to your Bankers, the sum of
, being a deposit of £1 per share on
shares in the above Company, I hereby request that you
will allot me that number, and I agree to accept such
shares, or any less number you may allot to me ; and I
further agree to pay the deposit on allotment, to sign the
Articles of Association of the Company when required,
and I authorise you to insert my name in the register of
Inerabers for the number of shares alloted to me.

Usual eignatui-e
Name iu full
Residence
Date

RUPTURES.—BY ROYAL LETTERS PATENT.
MOC; TT GREAT
M AIN LEVER TRUSS
TE
, XIIIIIITIONS OF 1851 AND 1562), is allowed by upwards of
l'Wo Hundred Medical Gentlemen to be the most effective
invention in the curative treatment of ERN 1 A.
Ihe use of a steel spring, so often hurtful in its effects,
l„here avoided—a soft bandage being worn round the
~oe
,`), while the requisite resisting power is supplied by the
!-Main Pad and Patent Lever, fitting with so much ease
hit closeness that it cannot be detected, and may be worn
tr'n.4 sleep. A descriptive circular may I,e had, and the
russ, It MO cannot fail to fit, forwarded by post, on the cir-
"mference of the body, two Inches below the hips, being
"In to the manufacturer,

Sin Mr. WHITE, 228, Piccadilly.
A. Truss, 16s. 21s. 265. 6d., and . . Postag Is,
Doublgle o Truss, 315., ,6d , 425., and 525. ri3lsd. 6d
Postage, les, Bd.
An Umbilical Truss, 425. and 525. 6d. I'ostage, Is. lud.
Nat
-office Orders to be made payable to John White, Post-
oMee, Pwoadlliy.

NEW PATENT
ELASTIC STOCKINGS,
*„„.___KNEE-cAps, ite., for i'aricose Veins and all cases et
p2rous I
'Awes and Swelling in the Legs, Sprains, &c. They are
like r (11
n light in texture, and inexpensive, and are drawn on
nary stoe b'• Price 4s. 6d., 7s. Bd., 109., to Ir•&.
elwh. Postage tit klub.
JOHN WHITE, Manufaeturer, 225, Piccadilly.

To amount duo by the Bank on current,
deposit, and other accounts 4,506,164 11 3
To profit and loss account, after payment
of £30,499 18s. Bd. to customers for in-
terest on their balances

£5,272,712 2 7

OR.
By investments, viz. :
In Government Securities, India
Bonds, &c.
Ditto in freehold premises in
Threadneedle-street, let
at a rental yielding 41 per
cent. £40,000
By freehold premises in the occu-
pation of the Bank 35,000
75,000 0 0
By bills discounted, loans, &c 4,207,524 11 11
By cash in hand and at call 762,520 19 6

£5,272,712 2 7
PROFIT AND LOSS ACCOUNT
30m, FOR
18 THE HALF-
YEAR ENDING JUNE 65.
DE.
To half a year's current expenses at head
office and Charing-cross branch, bad
and doubtful debts, directors' remune-
ration, &c £19,990 1 3
To rebate of interest on bills discounted
not yet due, carried to profit and loss
new account
To dividend for the half-year at the rate
of £lO per cent. per annum 20,000 0 0
To bonus at the rate of £lO per cent. per
annum, or £2 10s. per share
To balance carried to reserve fund 2,324 5 2

£66,547 11 4

On.
Bybalance of profit brought
from last half-year £2,505 4 8'
By ditto for current half-
year
£66,547 11 4

66,517 11 4
RESERVE FLTND ACCOUNT.
DR.
By balanc© X302,321 5 2

Cii. • .
By amount from last half-
year , £296,57U 0 0
By premiums on balance
of now shares 3,430 0 0

Addition brought down

£300,000 0 0
2,324 5 2

£302,324 5 2

W(3 have examined the above Accounts and find them
corrrect.

July 15th, 1865.
GEO. THOMSON,
GEORGE BONE, } Auditors.
FRANCIS NALDER,
It was resolved unanimously,—
That the Report now read be mewed.
The Chairman announced that the dividend and bonus
would be payable on and after Wednesday, the 26th July,
at the Head office, in Threadneedle-street.
It was resolved unanimously,—
That John Edmund Anderdon, Esq., Henry Aste, Esq.,
and Mr. Alderman Dakin be re-elected Directors of this
Bank.
That Charles Joseph Hyde Allen, Esq., be re-elected a
Director of this Bank, in the place of Charles Joyco, Esq.,
resigned.
That George Thomson, Esq., George Bone, Esq., and
Francis Naldor, Esq., be re-elected Auditors for the year
ensuing.
That the best thanks of the shareholders be tendered to
the Chairman and Directors for their able and successful
advancement of the affairs of this Bank during the past
half-year.
That the thanks of this meeting be given to the Manager,
Deputy-Manager, and other officers of the Bank, for their
zealous and efficient services in carrying on the business of
the Bank.

Extracted from the Minutes.
JOHN VILLIERS SHELLEY, Chairman.
Threadneedle-street, July 21, 1865.

BANK OF LONDON,
Threadneedle-street and Charing-cross.
CHAIRMAY—Sir JOHN VILLIERS SHELL EY, Bait
VICE-CHAIRMAN.
John Griffith Frith, Esq. (Frith, Sands, and Co.)
MANAGER—Matthew Marshall, jun., Esq. •
CURRENT ACCOUNTS opened with parties properly
introduced, and interest allowed on credit balances, pro-
vided such balances are not drawn below £2OO.
MONEY RECEIVED upon deposit, repayable on seven
days' notice, interest on which is regulated by the market
value of money, as announced from time to time by public
advertisement, the present rate being Two per Cent.
CIRCULAR NOTES and LETTERS OF CREDIT
issued free of charge, and all descriptions of banking busi-
ness transacted.

HAIR-CURLING FLUID, 248, High Holborn,
London.--ALEX. ROSS'S CURLING FLUID curls
Ladies' or Gentlemen's hair immediately it is applied. Sold
at 3s. 6d.; sent free for 51 stamps. Ross's Toilet Magazine,
is. 6d., or 20 stamps.

GREY HAIR.-248, High Holborn, London.--
ALEX. ROSS'S charges for Dyeing the hair perma-
nently— Ladies' Hair from 7s. 6d.; Gentlemen's from ss.
The Dye is sold at 3s. 6d, or sent free for 51 stamps. It is
most easy of use.

HAIR DESTROYER, 248, High Holborn,
London.—ALEX.OSS'S DEPILATORY removes,
Without effect to the skin, superfluous hair from the face,
neck, and arms. 3s. 6d.; sent the same day.as ordered by post
torsi stamps.

SPANISH FLY is the actingingredient in
ALEX. ROSS'S CA.NTHARIDEgt) IL, which rpeedily produces whiskers and thickens hair. es. ed.; sent free forB4
stamps.—ALEX.
ROSS, 248 ,High Holborn, London. Essay
on Hair, Id. •

DIMPLE REMOVER.—AII diseases of the skin
are Improved by one dose of' ALEX. ROSS'S VEGE-
TABLE SKIN PILL. They remove redness, sallowness
25. 9d.; by post for 40 stimps.—ALEX. ROB 3, 248, High
Holborn, London.

ALEX. ROSS' FACE POWDER, ls. ; sent for
14 stamps; Eye Colour, 3s. Cd., or 54 stamps. Skin
tonic produces a transcendent complexion, 45., or ao stamps.
Bloom of Roses, 3s. 6d., or 54 stamps.—ALEX. ROSS, 218,
High Holborn, London.

RUPTURES CURED BY
CHANDLER'S NEW LEVER TRUSS,
_ . _

I t has the following adyanta7es :—No steel spring required
round th.: body, is easily applied, does not chafe or excoriate
the skin, a•imits of any kind of exercise being taken, and is
imperceptible when worn.
rnICES.
Single- -10 s. 6d. and 215., postage is.
Double-21s. and 425., postage, 2s.
Sent on receipt of post-office order, and size round hips.
Sure to fit.